Can I retire at age 35 with 1,970,000?

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 $1,970,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.7%
1 years$162,681$161,232$159,818$158,438$157,091$152,184
2 years$80,535$79,035$77,582$76,172$74,805$69,905
3 years$53,157$51,650$50,200$48,804$47,459$42,720
4 years$39,470$37,968$36,533$35,161$33,848$29,306
5 years$31,260$29,768$28,351$27,007$25,731$21,398
6 years$25,789$24,308$22,912$21,598$20,360$16,240
7 years$21,883$20,413$19,040$17,757$16,558$12,651
8 years$18,954$17,498$16,147$14,896$13,737$10,039
9 years$16,677$15,235$13,908$12,688$11,568$8,077
10 years$14,857$13,429$12,125$10,937$9,857$6,566
11 years$13,369$11,955$10,675$9,518$8,477$5,382
12 years$12,129$10,730$9,474$8,349$7,346$4,439
13 years$11,082$9,697$8,464$7,371$6,406$3,680
14 years$10,184$8,814$7,605$6,543$5,615$3,064
15 years$9,407$8,052$6,866$5,835$4,944$2,559
16 years$8,728$7,388$6,225$5,225$4,370$2,144
17 years$8,129$6,804$5,665$4,694$3,875$1,800
18 years$7,598$6,287$5,171$4,231$3,445$1,514
19 years$7,122$5,827$4,734$3,823$3,071$1,276
20 years$6,695$5,414$4,345$3,462$2,743$1,076
21 years$6,310$5,043$3,996$3,142$2,454$909
22 years$5,959$4,708$3,683$2,857$2,200$768
23 years$5,640$4,403$3,401$2,602$1,975$650
24 years$5,347$4,125$3,145$2,373$1,775$550
25 years$5,079$3,871$2,913$2,167$1,597$466
26 years$4,831$3,639$2,702$1,982$1,439$395
27 years$4,603$3,424$2,509$1,814$1,297$335
28 years$4,391$3,227$2,332$1,662$1,170$284
29 years$4,194$3,044$2,170$1,524$1,057$241
30 years$4,010$2,875$2,022$1,399$955$204
31 years$3,839$2,718$1,885$1,285$863$173
32 years$3,678$2,571$1,758$1,180$781$147
33 years$3,528$2,435$1,642$1,086$707$125
34 years$3,387$2,308$1,534$999$640$106
35 years$3,254$2,189$1,434$919$580$90
36 years$3,129$2,078$1,342$847$525$76
37 years$3,011$1,973$1,256$780$476$65
38 years$2,899$1,875$1,176$719$432$55
39 years$2,793$1,783$1,102$663$391$47
40 years$2,693$1,697$1,033$612$355$40
41 years$2,598$1,615$968$564$322$34
42 years$2,508$1,538$908$521$292$29
43 years$2,422$1,466$852$481$265$24
44 years$2,341$1,397$800$444$241$21
45 years$2,263$1,332$751$410$219$18
46 years$2,189$1,271$706$379$198$15
47 years$2,118$1,213$663$350$180$13
48 years$2,050$1,158$623$323$164$11
49 years$1,985$1,106$586$299$149$9
50 years$1,923$1,056$550$276$135$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $1,970,000, adding $2,081 every year, while hoping to spend $52,953 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: 26/45/29 Blend
34$1,970,000$1,970,000$1,970,000$1,970,000
35$2,173,087$2,068,677$2,038,142$2,209,888
36$2,338,400$2,113,700$2,050,078$2,285,493
37$2,518,800$2,159,155$2,060,639$2,361,908
38$2,715,771$2,205,007$2,069,723$2,442,817
39$2,930,944$2,251,217$2,077,224$2,528,640
40$3,166,117$2,297,743$2,083,028$2,619,838
41$3,423,269$2,344,540$2,087,017$2,716,920
42$3,704,578$2,391,558$2,089,067$2,820,451
43$4,012,442$2,438,742$2,089,048$2,931,052
44$4,349,503$2,486,032$2,086,824$3,049,412
45$4,718,671$2,533,366$2,082,250$3,176,292
46$5,123,147$2,580,673$2,075,177$3,312,530
47$5,566,459$2,627,877$2,065,447$3,459,056
48$6,052,493$2,674,898$2,052,895$3,616,894
49$6,585,528$2,721,649$2,037,347$3,787,178
50$7,170,276$2,768,034$2,018,623$3,971,159
51$7,811,929$2,813,952$1,996,531$4,170,219
52$8,516,204$2,859,294$1,970,873$4,385,887
53$9,289,400$2,903,943$1,941,441$4,619,848
54$10,138,456$2,947,772$1,908,016$4,873,966
55$11,071,013$2,990,648$1,870,369$5,150,300
56$12,095,492$3,032,426$1,828,262$5,451,121
57$13,221,168$3,072,950$1,781,444$5,778,939
58$14,458,258$3,112,056$1,729,654$6,136,526
59$15,818,021$3,149,567$1,672,618$6,526,943
60$17,312,857$3,185,294$1,610,049$6,953,567
61$18,956,431$3,219,036$1,541,648$7,420,128
62$20,763,796$3,250,578$1,467,102$7,930,746
63$22,751,537$3,279,690$1,386,084$8,489,965
64$24,937,927$3,306,128$1,298,251$9,102,804
65$27,343,100$3,329,632$1,203,247$9,774,801
66$29,989,238$3,349,926$1,100,697$10,512,071
67$32,900,781$3,366,714$990,212$11,321,359
68$36,104,661$3,379,682$871,384$12,210,113
69$39,630,548$3,388,498$743,787$13,186,548
70$43,511,137$3,392,808$606,976$14,259,732
71$47,782,451$3,392,234$460,489$15,439,670
72$52,484,185$3,386,377$303,839$16,737,402
73$57,660,075$3,374,812$136,520$18,165,107
74$63,358,314$3,357,090$0$19,736,224
75$69,632,007$3,332,732$0$21,478,584
76$76,539,667$3,301,232$0$23,441,461
77$84,145,773$3,262,052$0$25,600,785
78$92,521,372$3,214,622$0$27,976,645
79$101,744,752$3,158,340$0$30,591,183
80$111,902,183$3,092,564$0$33,468,815
81$123,088,725$3,016,619$0$36,636,456
82$135,409,129$2,929,787$0$40,123,779
83$148,978,822$2,831,309$0$43,963,497
84$163,925,000$2,720,382$0$48,191,671
85$180,387,824$2,596,154$0$52,848,059
86$198,521,744$2,457,727$0$57,976,487
87$218,496,956$2,304,150$0$63,625,269
88$240,501,009$2,134,417$0$69,847,663
89$264,740,571$1,947,463$0$76,702,382
90$291,443,386$1,742,165$0$84,254,144
91$320,860,415$1,517,334$0$92,574,293
92$353,268,210$1,271,716$0$101,741,471
93$388,971,520$1,003,984$0$111,842,367
94$428,306,172$712,736$0$122,972,538
95$471,642,235$396,493$0$135,237,315
96$519,387,514$53,692$0$148,752,803
97$571,991,401$0$0$163,646,980
98$629,949,116$0$0$180,218,039
99$693,806,377$0$0$198,505,760
100$764,164,555$0$0$218,655,850