Can I retire at age 35 with 1,950,000?

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 $1,950,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.9%
1 years$161,029$159,595$158,195$156,829$155,496$151,737
2 years$79,717$78,233$76,794$75,399$74,046$70,281
3 years$52,617$51,126$49,691$48,309$46,978$43,325
4 years$39,070$37,583$36,162$34,804$33,505$29,993
5 years$30,943$29,466$28,063$26,733$25,470$22,108
6 years$25,527$24,061$22,679$21,378$20,153$16,945
7 years$21,660$20,206$18,847$17,576$16,390$13,335
8 years$18,761$17,320$15,983$14,744$13,597$10,695
9 years$16,508$15,081$13,767$12,559$11,451$8,699
10 years$14,706$13,293$12,002$10,826$9,757$7,152
11 years$13,233$11,834$10,566$9,422$8,391$5,929
12 years$12,006$10,621$9,377$8,264$7,271$4,949
13 years$10,969$9,599$8,378$7,296$6,341$4,153
14 years$10,081$8,725$7,528$6,477$5,558$3,501
15 years$9,312$7,970$6,797$5,776$4,894$2,962
16 years$8,639$7,313$6,162$5,172$4,325$2,513
17 years$8,047$6,735$5,607$4,647$3,835$2,138
18 years$7,520$6,223$5,119$4,188$3,410$1,822
19 years$7,050$5,768$4,686$3,784$3,039$1,556
20 years$6,627$5,359$4,300$3,427$2,715$1,331
21 years$6,245$4,992$3,956$3,110$2,430$1,140
22 years$5,899$4,660$3,646$2,828$2,178$977
23 years$5,583$4,358$3,366$2,575$1,955$838
24 years$5,293$4,084$3,113$2,349$1,757$720
25 years$5,027$3,832$2,883$2,145$1,581$619
26 years$4,782$3,602$2,674$1,961$1,424$532
27 years$4,556$3,390$2,483$1,795$1,284$458
28 years$4,346$3,194$2,308$1,645$1,159$394
29 years$4,151$3,013$2,148$1,508$1,046$339
30 years$3,969$2,846$2,001$1,384$945$292
31 years$3,800$2,690$1,865$1,271$855$251
32 years$3,641$2,545$1,741$1,169$773$217
33 years$3,492$2,410$1,625$1,075$700$187
34 years$3,352$2,285$1,518$989$633$161
35 years$3,221$2,167$1,420$910$574$139
36 years$3,097$2,057$1,328$838$520$120
37 years$2,980$1,953$1,243$772$471$103
38 years$2,870$1,856$1,164$712$427$89
39 years$2,765$1,765$1,091$656$387$77
40 years$2,666$1,679$1,022$605$351$66
41 years$2,572$1,599$958$559$319$57
42 years$2,483$1,523$899$515$289$49
43 years$2,398$1,451$844$476$262$42
44 years$2,317$1,383$792$439$238$37
45 years$2,240$1,319$744$406$216$32
46 years$2,166$1,258$698$375$196$27
47 years$2,096$1,200$656$346$178$23
48 years$2,029$1,146$617$320$162$20
49 years$1,965$1,094$580$296$147$17
50 years$1,904$1,045$545$273$134$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $1,950,000, adding $3,848 every year, while hoping to spend $59,640 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: 36/37/27 Blend
34$1,950,000$1,950,000$1,950,000$1,950,000
35$2,152,869$2,049,519$2,019,294$2,212,787
36$2,309,005$2,086,489$2,023,484$2,294,555
37$2,479,069$2,123,272$2,025,815$2,377,077
38$2,664,416$2,159,795$2,026,163$2,465,013
39$2,866,543$2,195,981$2,024,395$2,558,888
40$3,087,092$2,231,746$2,020,375$2,659,284
41$3,327,875$2,267,001$2,013,957$2,766,845
42$3,590,883$2,301,649$2,004,989$2,882,280
43$3,878,311$2,335,587$1,993,314$3,006,377
44$4,192,573$2,368,705$1,978,764$3,140,003
45$4,536,327$2,400,884$1,961,165$3,284,120
46$4,912,502$2,431,997$1,940,333$3,439,788
47$5,324,321$2,461,908$1,916,078$3,608,180
48$5,775,335$2,490,474$1,888,199$3,790,594
49$6,269,451$2,517,540$1,856,486$3,988,460
50$6,810,976$2,542,940$1,820,719$4,203,363
51$7,404,650$2,566,499$1,780,669$4,437,051
52$8,055,697$2,588,030$1,736,093$4,691,456
53$8,769,867$2,607,332$1,686,741$4,968,711
54$9,553,495$2,624,194$1,632,349$5,271,176
55$10,413,561$2,638,388$1,572,642$5,601,453
56$11,357,750$2,649,675$1,507,332$5,962,418
57$12,394,530$2,657,798$1,436,116$6,357,247
58$13,533,227$2,662,485$1,358,681$6,789,447
59$14,784,116$2,663,448$1,274,697$7,262,891
60$16,158,517$2,660,378$1,183,821$7,781,854
61$17,668,899$2,652,950$1,085,692$8,351,056
62$19,329,000$2,640,817$979,936$8,975,709
63$21,153,954$2,623,614$866,160$9,661,565
64$23,160,436$2,600,949$743,955$10,414,973
65$25,366,815$2,572,410$612,892$11,242,943
66$27,793,331$2,537,559$472,525$12,153,209
67$30,462,284$2,495,932$322,387$13,154,308
68$33,398,242$2,447,038$161,992$14,255,661
69$36,628,274$2,390,355$0$15,467,662
70$40,182,208$2,325,332$0$16,804,427
71$44,092,905$2,251,385$0$18,325,943
72$48,396,575$2,167,896$0$19,999,617
73$53,133,114$2,074,212$0$21,841,022
74$58,346,483$1,969,639$0$23,867,327
75$64,085,120$1,853,447$0$26,097,464
76$70,402,398$1,724,862$0$28,552,305
77$77,357,127$1,583,065$0$31,254,862
78$85,014,109$1,427,190$0$34,230,507
79$93,444,750$1,256,324$0$37,507,211
80$102,727,731$1,069,501$0$41,115,811
81$112,949,753$865,699$0$45,090,307
82$124,206,350$643,840$0$49,468,177
83$136,602,795$402,786$0$54,290,744
84$150,255,090$141,333$0$59,603,557
85$165,291,062$0$0$65,456,834
86$181,851,567$0$0$71,963,662
87$200,091,819$0$0$79,194,250
88$220,182,856$0$0$87,158,901
89$242,313,151$0$0$95,932,382
90$266,690,392$0$0$105,597,082
91$293,543,444$0$0$116,243,788
92$323,124,501$0$0$127,972,546
93$355,711,475$0$0$140,893,602
94$391,610,611$0$0$155,128,443
95$431,159,380$0$0$170,810,944
96$474,729,665$0$0$188,088,632
97$522,731,268$0$0$207,124,075
98$575,615,779$0$0$228,096,421
99$633,880,836$0$0$251,203,085
100$698,074,825$0$0$276,661,616