Can I retire at age 35 with 1,990,000?

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 $1,990,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.2%
1 years$164,332$162,869$161,440$160,046$158,685$154,038
2 years$81,353$79,838$78,369$76,945$75,564$70,920
3 years$53,696$52,175$50,710$49,300$47,941$43,445
4 years$39,871$38,354$36,904$35,518$34,192$29,879
5 years$31,578$30,070$28,639$27,281$25,992$21,874
6 years$26,051$24,554$23,145$21,817$20,567$16,647
7 years$22,105$20,621$19,233$17,937$16,726$13,004
8 years$19,146$17,676$16,311$15,047$13,876$10,350
9 years$16,847$15,390$14,049$12,816$11,686$8,353
10 years$15,008$13,565$12,248$11,048$9,957$6,812
11 years$13,504$12,077$10,783$9,615$8,563$5,601
12 years$12,253$10,839$9,570$8,434$7,421$4,635
13 years$11,194$9,796$8,550$7,446$6,471$3,856
14 years$10,288$8,904$7,682$6,609$5,672$3,221
15 years$9,503$8,134$6,936$5,894$4,994$2,700
16 years$8,816$7,463$6,288$5,278$4,414$2,270
17 years$8,212$6,873$5,722$4,742$3,914$1,913
18 years$7,675$6,351$5,224$4,274$3,480$1,615
19 years$7,195$5,886$4,782$3,862$3,102$1,366
20 years$6,763$5,469$4,389$3,497$2,771$1,157
21 years$6,374$5,095$4,037$3,174$2,479$981
22 years$6,020$4,756$3,720$2,886$2,222$832
23 years$5,697$4,448$3,435$2,628$1,995$707
24 years$5,402$4,167$3,177$2,397$1,793$601
25 years$5,131$3,911$2,943$2,189$1,614$511
26 years$4,881$3,676$2,729$2,002$1,453$435
27 years$4,649$3,459$2,534$1,832$1,310$370
28 years$4,435$3,259$2,356$1,679$1,182$315
29 years$4,236$3,075$2,192$1,539$1,068$268
30 years$4,051$2,904$2,042$1,413$965$229
31 years$3,878$2,745$1,904$1,298$872$195
32 years$3,716$2,598$1,776$1,192$789$166
33 years$3,564$2,460$1,658$1,097$714$142
34 years$3,421$2,331$1,550$1,009$646$121
35 years$3,287$2,211$1,449$929$586$103
36 years$3,161$2,099$1,355$855$530$88
37 years$3,041$1,993$1,269$788$481$75
38 years$2,928$1,894$1,188$726$436$64
39 years$2,822$1,801$1,113$670$395$54
40 years$2,721$1,714$1,043$618$359$46
41 years$2,625$1,632$978$570$325$40
42 years$2,534$1,554$918$526$295$34
43 years$2,447$1,480$861$486$268$29
44 years$2,364$1,411$808$448$243$25
45 years$2,286$1,346$759$414$221$21
46 years$2,211$1,284$713$382$200$18
47 years$2,139$1,225$670$353$182$15
48 years$2,071$1,170$629$327$165$13
49 years$2,006$1,117$591$302$150$11
50 years$1,943$1,067$556$279$136$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $1,990,000, adding $3,331 every year, while hoping to spend $23,358 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: 57/21/22 Blend
34$1,990,000$1,990,000$1,990,000$1,990,000
35$2,196,416$2,090,946$2,060,101$2,308,416
36$2,395,598$2,168,550$2,104,262$2,462,810
37$2,614,313$2,249,173$2,149,119$2,628,213
38$2,854,530$2,332,939$2,194,671$2,807,974
39$3,118,416$2,419,977$2,240,917$3,003,483
40$3,408,359$2,510,421$2,287,852$3,216,269
41$3,726,990$2,604,410$2,335,473$3,448,013
42$4,077,207$2,702,090$2,383,776$3,700,569
43$4,462,204$2,803,614$2,432,754$3,975,973
44$4,885,497$2,909,140$2,482,400$4,276,468
45$5,350,963$3,018,833$2,532,706$4,604,524
46$5,862,872$3,132,866$2,583,662$4,962,859
47$6,425,928$3,251,419$2,635,257$5,354,466
48$7,045,314$3,374,681$2,687,480$5,782,637
49$7,726,742$3,502,846$2,740,316$6,251,003
50$8,476,504$3,636,120$2,793,751$6,763,555
51$9,301,533$3,774,715$2,847,768$7,324,694
52$10,209,469$3,918,856$2,902,347$7,939,261
53$11,208,728$4,068,773$2,957,469$8,612,592
54$12,308,585$4,224,710$3,013,111$9,350,559
55$13,519,259$4,386,919$3,069,249$10,159,633
56$14,852,011$4,555,666$3,125,857$11,046,939
57$16,319,248$4,731,225$3,182,905$12,020,325
58$17,934,642$4,913,886$3,240,362$13,088,434
59$19,713,257$5,103,948$3,298,196$14,260,789
60$21,671,693$5,301,725$3,356,370$15,547,877
61$23,828,242$5,507,545$3,414,844$16,961,252
62$26,203,058$5,721,751$3,473,577$18,513,640
63$28,818,353$5,944,699$3,532,525$20,219,060
64$31,698,599$6,176,764$3,591,638$22,092,957
65$34,870,764$6,418,333$3,650,866$24,152,345
66$38,364,566$6,669,816$3,710,154$26,415,967
67$42,212,751$6,931,636$3,769,443$28,904,473
68$46,451,403$7,204,237$3,828,671$31,640,613
69$51,120,285$7,488,084$3,887,771$34,649,451
70$56,263,215$7,783,661$3,946,672$37,958,601
71$61,928,477$8,091,474$4,005,299$41,598,487
72$68,169,277$8,412,052$4,063,573$45,602,629
73$75,044,248$8,745,948$4,121,407$50,007,958
74$82,618,000$9,093,737$4,178,713$54,855,165
75$90,961,730$9,456,025$4,235,394$60,189,085
76$100,153,897$9,833,440$4,291,350$66,059,115
77$110,280,958$10,226,642$4,346,474$72,519,684
78$121,438,187$10,636,319$4,400,652$79,630,764
79$133,730,573$11,063,190$4,453,765$87,458,434
80$147,273,813$11,508,007$4,505,687$96,075,503
81$162,195,398$11,971,556$4,556,284$105,562,200
82$178,635,824$12,454,658$4,605,415$116,006,922
83$196,749,913$12,958,172$4,652,932$127,507,076
84$216,708,277$13,482,994$4,698,677$140,169,992
85$238,698,924$14,030,064$4,742,486$154,113,935
86$262,929,039$14,600,362$4,784,184$169,469,222
87$289,626,935$15,194,913$4,823,588$186,379,451
88$319,044,209$15,814,791$4,860,504$205,002,853
89$351,458,117$16,461,115$4,894,731$225,513,784
90$387,174,194$17,135,058$4,926,052$248,104,371
91$426,529,131$17,837,845$4,954,245$272,986,326
92$469,893,962$18,570,759$4,979,072$300,392,936
93$517,677,560$19,335,140$5,000,284$330,581,271
94$570,330,499$20,132,390$5,017,622$363,834,604
95$628,349,307$20,963,974$5,030,809$400,465,085
96$692,281,155$21,831,427$5,039,560$440,816,686
97$762,729,017$22,736,352$5,043,570$485,268,445
98$840,357,370$23,680,426$5,042,522$534,238,044
99$925,898,460$24,665,405$5,036,085$588,185,748
100$1,020,159,217$25,693,124$5,023,907$647,618,746