Can I retire at age 35 with 1,960,000?

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 $1,960,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.6%
1 years$161,855$160,413$159,007$157,634$156,293$153,958
2 years$80,126$78,634$77,188$75,785$74,425$72,077
3 years$52,887$51,388$49,946$48,556$47,218$44,931
4 years$39,270$37,776$36,348$34,982$33,677$31,468
5 years$31,102$29,617$28,207$26,870$25,600$23,477
6 years$25,658$24,184$22,796$21,488$20,257$18,220
7 years$21,771$20,310$18,943$17,666$16,474$14,526
8 years$18,858$17,409$16,065$14,820$13,667$11,806
9 years$16,593$15,158$13,837$12,623$11,510$9,736
10 years$14,782$13,361$12,064$10,881$9,807$8,118
11 years$13,301$11,894$10,621$9,470$8,434$6,829
12 years$12,068$10,676$9,425$8,307$7,309$5,786
13 years$11,025$9,648$8,421$7,333$6,373$4,930
14 years$10,132$8,770$7,566$6,510$5,587$4,221
15 years$9,359$8,011$6,831$5,806$4,919$3,628
16 years$8,684$7,350$6,194$5,198$4,348$3,129
17 years$8,088$6,769$5,636$4,671$3,855$2,706
18 years$7,559$6,255$5,145$4,209$3,428$2,346
19 years$7,086$5,797$4,710$3,803$3,055$2,037
20 years$6,661$5,387$4,323$3,445$2,729$1,773
21 years$6,278$5,018$3,976$3,126$2,442$1,545
22 years$5,929$4,684$3,664$2,842$2,189$1,348
23 years$5,611$4,381$3,383$2,589$1,965$1,178
24 years$5,320$4,104$3,129$2,361$1,766$1,030
25 years$5,053$3,852$2,898$2,156$1,589$901
26 years$4,807$3,620$2,688$1,972$1,431$789
27 years$4,579$3,407$2,496$1,805$1,291$692
28 years$4,368$3,210$2,320$1,653$1,165$606
29 years$4,172$3,029$2,159$1,516$1,052$532
30 years$3,990$2,860$2,011$1,392$950$467
31 years$3,819$2,704$1,875$1,278$859$410
32 years$3,660$2,558$1,749$1,174$777$360
33 years$3,510$2,423$1,633$1,080$703$316
34 years$3,370$2,296$1,526$994$637$278
35 years$3,237$2,178$1,427$915$577$244
36 years$3,113$2,067$1,335$843$522$215
37 years$2,995$1,963$1,249$776$474$189
38 years$2,884$1,866$1,170$715$429$166
39 years$2,779$1,774$1,096$660$389$146
40 years$2,680$1,688$1,027$608$353$128
41 years$2,585$1,607$963$561$320$113
42 years$2,495$1,530$904$518$291$99
43 years$2,410$1,458$848$478$264$87
44 years$2,329$1,390$796$442$239$77
45 years$2,251$1,325$747$408$217$68
46 years$2,178$1,264$702$377$197$60
47 years$2,107$1,207$660$348$179$52
48 years$2,040$1,152$620$322$163$46
49 years$1,975$1,100$583$297$148$41
50 years$1,914$1,051$548$275$134$36

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $1,960,000, adding $2,992 every year, while hoping to spend $39,462 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: 32/38/30 Blend
34$1,960,000$1,960,000$1,960,000$1,960,000
35$2,163,006$2,059,126$2,028,746$2,212,395
36$2,341,646$2,118,036$2,054,722$2,309,690
37$2,537,184$2,178,510$2,080,245$2,410,746
38$2,751,302$2,240,583$2,105,259$2,518,835
39$2,985,854$2,304,290$2,129,704$2,634,608
40$3,242,878$2,369,667$2,153,516$2,758,777
41$3,524,621$2,436,751$2,176,629$2,892,130
42$3,833,558$2,505,577$2,198,971$3,035,531
43$4,172,413$2,576,183$2,220,469$3,189,933
44$4,544,188$2,648,605$2,241,044$3,356,384
45$4,952,189$2,722,880$2,260,613$3,536,041
46$5,400,058$2,799,047$2,279,089$3,730,174
47$5,891,806$2,877,142$2,296,380$3,940,186
48$6,431,852$2,957,203$2,312,391$4,167,620
49$7,025,063$3,039,269$2,327,018$4,414,176
50$7,676,803$3,123,377$2,340,157$4,681,728
51$8,392,978$3,209,564$2,351,694$4,972,338
52$9,180,098$3,297,868$2,361,511$5,288,280
53$10,045,331$3,388,327$2,369,485$5,632,060
54$10,996,577$3,480,977$2,375,485$6,006,438
55$12,042,539$3,575,856$2,379,374$6,414,454
56$13,192,805$3,672,999$2,381,010$6,859,461
57$14,457,938$3,772,444$2,380,242$7,345,150
58$15,849,579$3,874,224$2,376,910$7,875,593
59$17,380,550$3,978,375$2,370,851$8,455,273
60$19,064,981$4,084,931$2,361,889$9,089,132
61$20,918,439$4,193,923$2,349,843$9,782,618
62$22,958,079$4,305,384$2,334,522$10,541,733
63$25,202,800$4,419,344$2,315,725$11,373,092
64$27,673,426$4,535,833$2,293,243$12,283,985
65$30,392,905$4,654,878$2,266,856$13,282,448
66$33,386,519$4,776,505$2,236,333$14,377,335
67$36,682,129$4,900,739$2,201,435$15,578,406
68$40,310,431$5,027,600$2,161,908$16,896,417
69$44,305,252$5,157,110$2,117,489$18,343,222
70$48,703,865$5,289,285$2,067,902$19,931,888
71$53,547,339$5,424,140$2,012,857$21,676,812
72$58,880,931$5,561,686$1,952,051$23,593,867
73$64,754,511$5,701,934$1,885,170$25,700,542
74$71,223,029$5,844,886$1,811,881$28,016,116
75$78,347,038$5,990,546$1,731,839$30,561,836
76$86,193,262$6,138,909$1,644,682$33,361,118
77$94,835,229$6,289,969$1,550,033$36,439,771
78$104,353,959$6,443,715$1,447,495$39,826,240
79$114,838,734$6,600,128$1,336,658$43,551,873
80$126,387,937$6,759,186$1,217,088$47,651,223
81$139,109,982$6,920,862$1,088,336$52,162,370
82$153,124,335$7,085,119$949,930$57,127,283
83$168,562,645$7,251,917$801,380$62,592,217
84$185,569,980$7,421,206$642,171$68,608,151
85$204,306,202$7,592,930$471,768$75,231,271
86$224,947,474$7,767,023$289,612$82,523,499
87$247,687,920$7,943,410$95,117$90,553,081
88$272,741,459$8,122,009$0$99,395,230
89$300,343,824$8,302,723$0$109,168,836
90$330,754,787$8,485,450$0$119,964,093
91$364,260,608$8,670,070$0$131,851,424
92$401,176,742$8,856,455$0$144,942,014
93$441,850,810$9,044,461$0$159,358,393
94$486,665,885$9,233,933$0$175,235,581
95$536,044,106$9,424,696$0$192,722,371
96$590,450,662$9,616,564$0$211,982,731
97$650,398,184$9,809,330$0$233,197,350
98$716,451,582$10,002,770$0$256,565,348
99$789,233,379$10,196,641$0$282,306,151
100$869,429,587$10,390,680$0$310,661,568