Can I retire at age 35 with 1,740,000?

Use the below retirement simulation to view the chances of a successful retirement.
Confused? Try the simple retirement calculator
About Your Retirement ?
Current Age
Retirement Age
Current Savings $
Annual Deposits $
Annual Withdrawals $
Stock market crash:
Portfolio ?
% in Stocks:
% in Bonds:
% in Cash:
Modify Stock Returns:
0%
Modify Bond Returns:
0%
Modify Cash Returns:
0%
Modify Inflation:
0%
How much money do I need to retire?

This retirement calculator runs simulations based on past data from the S&P 500, 10 Year Treasury Bond, 3 month T-Bill, and US inflation. For each year of each simulation, a random return and inflation amount is chosen.

How to use: Enter your current age and the age when you retire. Then enter your current savings, the amount that you can save annually before you retire, and the amount that you plan to withdraw after retirement. Your annual deposits and withdrawals take inflation into account. For example, if you need $50,000 to live on in retirement using today's dollars, we will automatically take into account the cost of living for your retirement years. The same is true for your annual deposits. Next, decide if you'd like to simulate a stock market crash.

In the portfolio section, choose the makeup of your portfolio with stocks, bonds, and cash. Cash assumes that your money is stored in a savings account. You can then alter the future returns and inflation. For example, if the market has historically returned about 10%, but you think the future will be worse, modify the stock returns by -3%, and the future returns will average out to 7%. Investment fees can also lower stock market returns. Many index funds and ETFs offer extremely low fees and expenses.

Many people receive income in retirement, such as social security, pension plans, part time jobs, annuities, and other benefits. This would allow you to take out smaller distributions every year. Please note that taxes must also be considered, but are not used in this simulation. A 401k, Roth IRA, and Traditional IRA are taxed differently than a standard investment account, as are dividends.

Note: This assumes that the future is at least somewhat like the past. In reality, anything could happen. The Soviet Union collapsed, Japan's Nikkei Index is still well below its 1989 peak. Numerous other markets have changed drastically and never recovered. However, this online tool is helpful in retirement planning and estimating how much you might need for retirement, especially those hoping to retire early. We recommend receiving advice from a financial planner.

Want to retire with $1,740,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.4%
1 years$143,688$142,408$141,159$139,940$138,750$135,671
2 years$71,132$69,808$68,524$67,279$66,071$62,986
3 years$46,951$45,620$44,339$43,106$41,918$38,922
4 years$34,862$33,536$32,268$31,056$29,897$27,013
5 years$27,611$26,292$25,041$23,854$22,727$19,963
6 years$22,778$21,470$20,237$19,076$17,983$15,343
7 years$19,328$18,030$16,817$15,683$14,625$12,109
8 years$16,741$15,455$14,262$13,156$12,133$9,740
9 years$14,730$13,457$12,284$11,206$10,218$7,946
10 years$13,122$11,861$10,709$9,660$8,706$6,553
11 years$11,808$10,559$9,428$8,407$7,487$5,450
12 years$10,713$9,478$8,367$7,374$6,488$4,564
13 years$9,788$8,565$7,476$6,510$5,658$3,843
14 years$8,995$7,785$6,717$5,779$4,960$3,250
15 years$8,309$7,112$6,065$5,154$4,367$2,759
16 years$7,709$6,525$5,498$4,615$3,860$2,350
17 years$7,180$6,009$5,003$4,146$3,422$2,006
18 years$6,711$5,553$4,567$3,737$3,043$1,716
19 years$6,291$5,146$4,181$3,376$2,712$1,471
20 years$5,914$4,782$3,837$3,058$2,423$1,263
21 years$5,573$4,455$3,530$2,775$2,168$1,086
22 years$5,263$4,158$3,253$2,523$1,943$934
23 years$4,981$3,889$3,004$2,298$1,744$805
24 years$4,723$3,644$2,778$2,096$1,568$694
25 years$4,486$3,419$2,573$1,914$1,411$599
26 years$4,267$3,214$2,386$1,750$1,271$517
27 years$4,065$3,025$2,216$1,602$1,146$446
28 years$3,878$2,850$2,060$1,468$1,034$386
29 years$3,704$2,689$1,917$1,346$934$333
30 years$3,542$2,539$1,786$1,235$843$288
31 years$3,391$2,400$1,665$1,135$763$249
32 years$3,249$2,271$1,553$1,043$690$216
33 years$3,116$2,151$1,450$959$624$187
34 years$2,991$2,039$1,355$882$565$162
35 years$2,874$1,934$1,267$812$512$140
36 years$2,764$1,835$1,185$748$464$121
37 years$2,659$1,743$1,109$689$420$105
38 years$2,561$1,656$1,039$635$381$91
39 years$2,467$1,575$973$586$346$79
40 years$2,379$1,499$912$540$313$68
41 years$2,295$1,427$855$498$284$59
42 years$2,215$1,359$802$460$258$51
43 years$2,139$1,294$753$425$234$44
44 years$2,067$1,234$707$392$213$38
45 years$1,999$1,177$664$362$193$33
46 years$1,933$1,122$623$334$175$29
47 years$1,871$1,071$585$309$159$25
48 years$1,811$1,023$550$286$145$22
49 years$1,754$977$517$264$131$19
50 years$1,699$933$486$244$119$16

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $1,740,000, adding $3,752 every year, while hoping to spend $24,628 every year in retirement. These numbers increase with inflation.
Reality usually performs much different than the expected returns. This uses historical averages, but anything can happen. In general, riskier investments have greater returns on average, but more volatility in the short term.
Age Total: 100% Stocks Total: 100% Bonds Total: 100% Cash Total: 64/20/16 Blend
34$1,740,000$1,740,000$1,740,000$1,740,000
35$1,921,350$1,829,130$1,802,160$2,036,535
36$2,091,124$1,892,554$1,836,329$2,177,649
37$2,277,389$1,958,259$1,870,816$2,328,572
38$2,481,802$2,026,333$1,905,608$2,492,844
39$2,706,187$2,096,864$1,940,686$2,671,767
40$2,952,553$2,169,946$1,976,034$2,866,774
41$3,223,114$2,245,674$2,011,632$3,079,445
42$3,520,308$2,324,148$2,047,458$3,311,516
43$3,846,822$2,405,474$2,083,491$3,564,900
44$4,205,614$2,489,759$2,119,704$3,841,703
45$4,599,946$2,577,116$2,156,073$4,144,244
46$5,033,408$2,667,663$2,192,570$4,475,075
47$5,509,958$2,761,520$2,229,163$4,837,009
48$6,033,955$2,858,816$2,265,821$5,233,142
49$6,610,202$2,959,682$2,302,510$5,666,882
50$7,243,991$3,064,254$2,339,192$6,141,985
51$7,941,152$3,172,677$2,375,829$6,662,587
52$8,708,109$3,285,098$2,412,379$7,233,242
53$9,551,940$3,401,671$2,448,798$7,858,968
54$10,480,444$3,522,559$2,485,038$8,545,290
55$11,502,212$3,647,927$2,521,050$9,298,296
56$12,626,712$3,777,950$2,556,780$10,124,690
57$13,864,377$3,912,810$2,592,172$11,031,860
58$15,226,701$4,052,695$2,627,167$12,027,941
59$16,726,348$4,197,801$2,661,701$13,121,898
60$18,377,275$4,348,332$2,695,707$14,323,604
61$20,194,859$4,504,502$2,729,115$15,643,938
62$22,196,044$4,666,532$2,761,850$17,094,885
63$24,399,501$4,834,653$2,793,833$18,689,648
64$26,825,804$5,009,105$2,824,980$20,442,775
65$29,497,623$5,190,138$2,855,203$22,370,292
66$32,439,938$5,378,012$2,884,410$24,489,857
67$35,680,276$5,573,000$2,912,503$26,820,925
68$39,248,970$5,775,383$2,939,378$29,384,931
69$43,179,444$5,985,456$2,964,926$32,205,493
70$47,508,530$6,203,525$2,989,033$35,308,632
71$52,276,812$6,429,910$3,011,578$38,723,021
72$57,529,016$6,664,945$3,032,435$42,480,251
73$63,314,423$6,908,975$3,051,469$46,615,131
74$69,687,342$7,162,362$3,068,541$51,166,015
75$76,707,616$7,425,482$3,083,502$56,175,167
76$84,441,191$7,698,729$3,096,197$61,689,151
77$92,960,736$7,982,511$3,106,464$67,759,281
78$102,346,332$8,277,255$3,114,131$74,442,096
79$112,686,221$8,583,404$3,119,018$81,799,896
80$124,077,647$8,901,422$3,120,937$89,901,330
81$136,627,768$9,231,792$3,119,689$98,822,045
82$150,454,668$9,575,018$3,115,066$108,645,393
83$165,688,475$9,931,624$3,106,851$119,463,226
84$182,472,584$10,302,158$3,094,815$131,376,756
85$200,965,014$10,687,191$3,078,718$144,497,509
86$221,339,899$11,087,317$3,058,309$158,948,383
87$243,789,131$11,503,158$3,033,325$174,864,802
88$268,524,170$11,935,360$3,003,489$192,395,996
89$295,778,043$12,384,600$2,968,513$211,706,407
90$325,807,539$12,851,581$2,928,094$232,977,243
91$358,895,638$13,337,039$2,881,915$256,408,185
92$395,354,179$13,841,740$2,829,645$282,219,273
93$435,526,803$14,366,483$2,770,936$310,652,982
94$479,792,200$14,912,103$2,705,425$341,976,508
95$528,567,679$15,479,472$2,632,732$376,484,293
96$582,313,113$16,069,496$2,552,459$414,500,799
97$641,535,274$16,683,125$2,464,190$456,383,575
98$706,792,622$17,321,348$2,367,490$502,526,626
99$778,700,573$17,985,197$2,261,905$553,364,136
100$857,937,310$18,675,751$2,146,957$609,374,561