Can I retire at age 35 with 1,920,000?

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 $1,920,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.4%
1 years$158,552$157,140$155,762$154,417$153,103$151,568
2 years$78,491$77,029$75,612$74,239$72,906$71,360
3 years$51,808$50,339$48,926$47,566$46,255$44,745
4 years$38,468$37,005$35,606$34,268$32,989$31,528
5 years$30,467$29,012$27,632$26,321$25,078$23,669
6 years$25,135$23,691$22,330$21,049$19,843$18,489
7 years$21,327$19,895$18,557$17,306$16,138$14,839
8 years$18,473$17,054$15,738$14,517$13,388$12,144
9 years$16,254$14,849$13,555$12,366$11,275$10,086
10 years$14,480$13,088$11,817$10,659$9,607$8,471
11 years$13,029$11,652$10,404$9,277$8,262$7,180
12 years$11,822$10,458$9,233$8,137$7,160$6,129
13 years$10,800$9,451$8,249$7,184$6,243$5,264
14 years$9,926$8,591$7,412$6,377$5,473$4,543
15 years$9,168$7,848$6,692$5,687$4,819$3,937
16 years$8,506$7,200$6,067$5,092$4,259$3,423
17 years$7,923$6,631$5,521$4,575$3,776$2,986
18 years$7,405$6,127$5,040$4,123$3,358$2,610
19 years$6,942$5,679$4,614$3,726$2,993$2,287
20 years$6,525$5,277$4,234$3,374$2,673$2,008
21 years$6,149$4,915$3,895$3,062$2,392$1,766
22 years$5,808$4,588$3,590$2,784$2,144$1,555
23 years$5,497$4,291$3,314$2,536$1,925$1,371
24 years$5,212$4,021$3,065$2,313$1,730$1,210
25 years$4,950$3,773$2,839$2,112$1,557$1,069
26 years$4,709$3,546$2,633$1,931$1,402$945
27 years$4,486$3,337$2,445$1,768$1,264$836
28 years$4,279$3,145$2,273$1,620$1,141$740
29 years$4,087$2,967$2,115$1,485$1,030$656
30 years$3,908$2,802$1,970$1,363$931$581
31 years$3,741$2,649$1,837$1,252$841$515
32 years$3,585$2,506$1,714$1,151$761$457
33 years$3,438$2,373$1,600$1,058$689$406
34 years$3,301$2,249$1,495$973$624$360
35 years$3,171$2,134$1,398$896$565$320
36 years$3,049$2,025$1,308$825$512$284
37 years$2,934$1,923$1,224$760$464$252
38 years$2,825$1,828$1,146$701$421$224
39 years$2,723$1,738$1,074$646$381$199
40 years$2,625$1,654$1,006$596$346$177
41 years$2,532$1,574$944$550$314$157
42 years$2,444$1,499$885$508$285$140
43 years$2,361$1,428$831$469$258$124
44 years$2,281$1,362$780$433$235$110
45 years$2,205$1,298$732$400$213$98
46 years$2,133$1,239$688$369$193$87
47 years$2,064$1,182$646$341$176$78
48 years$1,998$1,128$607$315$159$69
49 years$1,935$1,078$571$291$145$61
50 years$1,875$1,029$536$269$132$55

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $1,920,000, adding $4,566 every year, while hoping to spend $29,218 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: 49/40/11 Blend
34$1,920,000$1,920,000$1,920,000$1,920,000
35$2,120,550$2,018,790$1,989,030$2,217,916
36$2,305,758$2,086,623$2,024,575$2,353,052
37$2,508,879$2,156,800$2,060,331$2,496,316
38$2,731,707$2,229,406$2,096,275$2,651,265
39$2,976,222$2,304,528$2,132,381$2,819,000
40$3,244,603$2,382,256$2,168,622$3,000,734
41$3,539,250$2,462,685$2,204,968$3,197,798
42$3,862,808$2,545,910$2,241,389$3,411,659
43$4,218,189$2,632,034$2,277,850$3,643,926
44$4,608,602$2,721,162$2,314,316$3,896,374
45$5,037,582$2,813,402$2,350,748$4,170,953
46$5,509,024$2,908,867$2,387,107$4,469,807
47$6,027,217$3,007,674$2,423,348$4,795,299
48$6,596,889$3,109,946$2,459,425$5,150,025
49$7,223,246$3,215,808$2,495,291$5,536,847
50$7,912,026$3,325,391$2,530,892$5,958,911
51$8,669,550$3,438,833$2,566,175$6,419,680
52$9,502,783$3,556,274$2,601,080$6,922,970
53$10,419,396$3,677,861$2,635,545$7,472,977
54$11,427,845$3,803,747$2,669,507$8,074,323
55$12,537,444$3,934,090$2,702,894$8,732,098
56$13,758,458$4,069,054$2,735,635$9,451,903
57$15,102,193$4,208,811$2,767,652$10,239,908
58$16,581,112$4,353,537$2,798,863$11,102,908
59$18,208,943$4,503,418$2,829,182$12,048,383
60$20,000,814$4,658,644$2,858,519$13,084,572
61$21,973,394$4,819,415$2,886,777$14,220,549
62$24,145,052$4,985,938$2,913,855$15,466,307
63$26,536,025$5,158,427$2,939,647$16,832,854
64$29,168,615$5,337,105$2,964,041$18,332,313
65$32,067,395$5,522,205$2,986,918$19,978,036
66$35,259,444$5,713,968$3,008,154$21,784,733
67$38,774,599$5,912,644$3,027,619$23,768,605
68$42,645,739$6,118,494$3,045,175$25,947,501
69$46,909,093$6,331,788$3,060,677$28,341,082
70$51,604,584$6,552,810$3,073,973$30,971,004
71$56,776,204$6,781,850$3,084,903$33,861,130
72$62,472,429$7,019,213$3,093,301$37,037,743
73$68,746,679$7,265,217$3,098,988$40,529,801
74$75,657,818$7,520,190$3,101,782$44,369,208
75$83,270,710$7,784,474$3,101,486$48,591,110
76$91,656,835$8,058,425$3,097,898$53,234,233
77$100,894,959$8,342,415$3,090,805$58,341,238
78$111,071,879$8,636,827$3,079,981$63,959,132
79$122,283,242$8,942,063$3,065,191$70,139,704
80$134,634,448$9,258,540$3,046,191$76,940,014
81$148,241,644$9,586,691$3,022,721$84,422,932
82$163,232,820$9,926,967$2,994,511$92,657,731
83$179,749,018$10,279,839$2,961,277$101,720,733
84$197,945,662$10,645,795$2,922,723$111,696,036
85$217,994,023$11,025,343$2,878,539$122,676,304
86$240,082,842$11,419,013$2,828,398$134,763,636
87$264,420,103$11,827,356$2,771,960$148,070,533
88$291,235,002$12,250,945$2,708,870$162,720,956
89$320,780,109$12,690,377$2,638,753$178,851,498
90$353,333,749$13,146,275$2,561,220$196,612,664
91$389,202,633$13,619,284$2,475,863$216,170,298
92$428,724,753$14,110,080$2,382,255$237,707,143
93$472,272,567$14,619,363$2,279,950$261,424,564
94$520,256,522$15,147,865$2,168,482$287,544,447
95$573,128,922$15,696,346$2,047,362$316,311,293
96$631,388,205$16,265,599$1,916,080$347,994,521
97$695,583,638$16,856,450$1,774,105$382,891,013
98$766,320,511$17,469,758$1,620,880$421,327,910
99$844,265,847$18,106,420$1,455,823$463,665,702
100$930,154,697$18,767,368$1,278,327$510,301,625