Can I retire at age 35 with 1,940,000?

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 $1,940,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.8%
1 years$160,203$158,776$157,384$156,025$154,698$151,637
2 years$79,309$77,832$76,400$75,012$73,666$70,594
3 years$52,347$50,864$49,436$48,061$46,737$43,751
4 years$38,869$37,390$35,977$34,625$33,333$30,456
5 years$30,784$29,314$27,919$26,596$25,339$22,579
6 years$25,396$23,937$22,563$21,269$20,050$17,410
7 years$21,549$20,103$18,750$17,486$16,306$13,787
8 years$18,665$17,232$15,901$14,669$13,527$11,128
9 years$16,423$15,003$13,696$12,494$11,392$9,111
10 years$14,631$13,225$11,940$10,770$9,707$7,542
11 years$13,165$11,773$10,512$9,373$8,348$6,297
12 years$11,945$10,567$9,329$8,222$7,234$5,293
13 years$10,913$9,549$8,335$7,259$6,308$4,475
14 years$10,029$8,680$7,489$6,443$5,530$3,800
15 years$9,264$7,929$6,762$5,746$4,869$3,240
16 years$8,595$7,275$6,130$5,145$4,303$2,770
17 years$8,005$6,700$5,578$4,623$3,816$2,375
18 years$7,482$6,191$5,092$4,166$3,393$2,041
19 years$7,014$5,738$4,662$3,765$3,024$1,758
20 years$6,593$5,332$4,278$3,409$2,701$1,516
21 years$6,213$4,967$3,935$3,094$2,417$1,309
22 years$5,868$4,636$3,627$2,813$2,167$1,132
23 years$5,554$4,336$3,349$2,562$1,945$979
24 years$5,266$4,063$3,097$2,337$1,748$848
25 years$5,002$3,813$2,869$2,134$1,573$735
26 years$4,758$3,583$2,660$1,951$1,417$638
27 years$4,533$3,372$2,470$1,786$1,277$554
28 years$4,324$3,178$2,297$1,637$1,153$481
29 years$4,130$2,998$2,137$1,501$1,041$418
30 years$3,949$2,831$1,991$1,377$940$363
31 years$3,780$2,676$1,856$1,265$850$315
32 years$3,622$2,532$1,732$1,163$769$274
33 years$3,474$2,398$1,617$1,069$696$239
34 years$3,335$2,273$1,511$984$630$208
35 years$3,204$2,156$1,412$905$571$181
36 years$3,081$2,046$1,321$834$517$157
37 years$2,965$1,943$1,237$768$469$137
38 years$2,855$1,847$1,158$708$425$119
39 years$2,751$1,756$1,085$653$385$104
40 years$2,652$1,671$1,017$602$350$90
41 years$2,559$1,591$954$556$317$79
42 years$2,470$1,515$894$513$288$68
43 years$2,385$1,443$839$473$261$60
44 years$2,305$1,376$788$437$237$52
45 years$2,228$1,312$740$404$215$45
46 years$2,155$1,251$695$373$195$39
47 years$2,086$1,194$653$345$177$34
48 years$2,019$1,140$613$318$161$30
49 years$1,955$1,089$577$294$146$26
50 years$1,894$1,040$542$272$133$23

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $1,940,000, adding $6,027 every year, while hoping to spend $35,944 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: 73/17/10 Blend
34$1,940,000$1,940,000$1,940,000$1,940,000
35$2,144,097$2,041,277$2,011,207$2,296,184
36$2,324,551$2,103,055$2,040,338$2,459,209
37$2,522,206$2,166,656$2,069,241$2,632,648
38$2,738,779$2,232,131$2,097,869$2,821,614
39$2,976,162$2,299,532$2,126,174$3,027,634
40$3,236,435$2,368,914$2,154,106$3,252,387
41$3,521,892$2,440,331$2,181,609$3,497,722
42$3,835,059$2,513,841$2,208,627$3,765,675
43$4,178,718$2,589,503$2,235,099$4,058,488
44$4,555,933$2,667,374$2,260,961$4,378,631
45$4,970,081$2,747,518$2,286,145$4,728,824
46$5,424,879$2,829,996$2,310,581$5,112,062
47$5,924,423$2,914,873$2,334,192$5,531,643
48$6,473,227$3,002,214$2,356,900$5,991,202
49$7,076,260$3,092,087$2,378,621$6,494,741
50$7,739,001$3,184,561$2,399,266$7,046,669
51$8,467,481$3,279,706$2,418,743$7,651,842
52$9,268,347$3,377,596$2,436,955$8,315,612
53$10,148,924$3,478,303$2,453,798$9,043,870
54$11,117,278$3,581,904$2,469,164$9,843,112
55$12,182,299$3,688,475$2,482,940$10,720,488
56$13,353,780$3,798,098$2,495,005$11,683,881
57$14,642,513$3,910,851$2,505,235$12,741,972
58$16,060,385$4,026,819$2,513,496$13,904,328
59$17,620,497$4,146,086$2,519,651$15,181,486
60$19,337,282$4,268,739$2,523,554$16,585,058
61$21,226,644$4,394,865$2,525,051$18,127,839
62$23,306,104$4,524,556$2,523,983$19,823,925
63$25,594,971$4,657,904$2,520,181$21,688,846
64$28,114,519$4,795,003$2,513,468$23,739,716
65$30,888,190$4,935,948$2,503,659$25,995,392
66$33,941,815$5,080,838$2,490,561$28,476,651
67$37,303,854$5,229,774$2,473,969$31,206,385
68$41,005,671$5,382,856$2,453,671$34,209,821
69$45,081,823$5,540,190$2,429,442$37,514,756
70$49,570,390$5,701,880$2,401,050$41,151,817
71$54,513,333$5,868,036$2,368,248$45,154,755
72$59,956,889$6,038,766$2,330,781$49,560,760
73$65,952,008$6,214,182$2,288,379$54,410,810
74$72,554,835$6,394,398$2,240,761$59,750,064
75$79,827,235$6,579,531$2,187,633$65,628,280
76$87,837,382$6,769,696$2,128,688$72,100,290
77$96,660,398$6,965,015$2,063,602$79,226,517
78$106,379,066$7,165,608$1,992,040$87,073,542
79$117,084,605$7,371,598$1,913,648$95,714,735
80$128,877,539$7,583,110$1,828,059$105,230,945
81$141,868,636$7,800,270$1,734,887$115,711,267
82$156,179,961$8,023,208$1,633,730$127,253,876
83$171,946,024$8,252,052$1,524,167$139,966,962
84$189,315,051$8,486,934$1,405,759$153,969,744
85$208,450,379$8,727,988$1,278,045$169,393,598
86$229,532,005$8,975,346$1,140,547$186,383,298
87$252,758,277$9,229,146$992,763$205,098,381
88$278,347,770$9,489,523$834,169$225,714,651
89$306,541,348$9,756,614$664,219$248,425,844
90$337,604,437$10,030,560$482,342$273,445,449
91$371,829,531$10,311,499$287,942$301,008,731
92$409,538,952$10,599,572$80,397$331,374,945
93$451,087,893$10,894,918$0$364,829,789
94$496,867,769$11,197,679$0$401,703,150
95$547,309,912$11,507,997$0$442,337,051
96$602,889,646$11,826,011$0$487,105,305
97$664,130,767$12,151,863$0$536,429,313
98$731,610,493$12,485,693$0$590,773,449
99$805,964,911$12,827,639$0$650,649,441
100$887,894,979$13,177,840$0$716,621,209