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

Use the below retirement simulation to view the chances of a successful retirement.
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 $1,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.6%
1 years$82,579$81,843$81,126$80,425$79,741$76,973
2 years$40,881$40,119$39,381$38,666$37,972$35,212
3 years$26,983$26,218$25,482$24,774$24,091$21,426
4 years$20,036$19,273$18,545$17,848$17,182$14,631
5 years$15,868$15,111$14,391$13,709$13,061$10,633
6 years$13,091$12,339$11,630$10,963$10,335$8,030
7 years$11,108$10,362$9,665$9,013$8,405$6,223
8 years$9,621$8,882$8,197$7,561$6,973$4,912
9 years$8,466$7,734$7,060$6,440$5,872$3,930
10 years$7,542$6,817$6,155$5,552$5,003$3,177
11 years$6,786$6,069$5,419$4,832$4,303$2,589
12 years$6,157$5,447$4,809$4,238$3,729$2,123
13 years$5,625$4,922$4,296$3,742$3,252$1,749
14 years$5,170$4,474$3,860$3,321$2,850$1,447
15 years$4,775$4,087$3,485$2,962$2,510$1,201
16 years$4,430$3,750$3,160$2,652$2,218$1,000
17 years$4,126$3,454$2,875$2,383$1,967$834
18 years$3,857$3,191$2,625$2,148$1,749$697
19 years$3,615$2,958$2,403$1,940$1,559$583
20 years$3,399$2,748$2,205$1,757$1,392$488
21 years$3,203$2,560$2,029$1,595$1,246$410
22 years$3,025$2,390$1,870$1,450$1,117$344
23 years$2,863$2,235$1,726$1,321$1,002$289
24 years$2,714$2,094$1,596$1,205$901$243
25 years$2,578$1,965$1,479$1,100$811$204
26 years$2,453$1,847$1,371$1,006$730$172
27 years$2,336$1,738$1,273$921$658$145
28 years$2,229$1,638$1,184$844$594$122
29 years$2,129$1,545$1,102$774$537$102
30 years$2,036$1,459$1,026$710$485$86
31 years$1,949$1,380$957$652$438$73
32 years$1,867$1,305$893$599$396$61
33 years$1,791$1,236$833$551$359$52
34 years$1,719$1,172$779$507$325$43
35 years$1,652$1,111$728$467$294$37
36 years$1,588$1,055$681$430$267$31
37 years$1,528$1,002$637$396$242$26
38 years$1,472$952$597$365$219$22
39 years$1,418$905$559$337$199$18
40 years$1,367$861$524$310$180$16
41 years$1,319$820$492$286$163$13
42 years$1,273$781$461$264$148$11
43 years$1,230$744$433$244$135$9
44 years$1,188$709$406$225$122$8
45 years$1,149$676$381$208$111$7
46 years$1,111$645$358$192$101$6
47 years$1,075$616$336$178$91$5
48 years$1,041$588$316$164$83$4
49 years$1,008$561$297$152$75$3
50 years$976$536$279$140$69$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $1,000,000, adding $2,990 every year, while hoping to spend $42,833 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: 29/46/25 Blend
34$1,000,000$1,000,000$1,000,000$1,000,000
35$1,105,084$1,052,084$1,036,584$1,128,476
36$1,172,229$1,058,062$1,025,736$1,152,960
37$1,244,787$1,062,898$1,013,088$1,175,300
38$1,323,264$1,066,489$998,536$1,198,443
39$1,408,220$1,068,730$981,970$1,222,486
40$1,500,265$1,069,504$963,272$1,247,540
41$1,600,073$1,068,691$942,323$1,273,730
42$1,708,386$1,066,162$918,996$1,301,198
43$1,826,017$1,061,780$893,158$1,330,105
44$1,953,863$1,055,399$864,671$1,360,631
45$2,092,909$1,046,866$833,390$1,392,979
46$2,244,240$1,036,017$799,163$1,427,377
47$2,409,050$1,022,679$761,832$1,464,084
48$2,588,651$1,006,668$721,231$1,503,387
49$2,784,488$987,790$677,188$1,545,609
50$2,998,152$965,838$629,520$1,591,113
51$3,231,394$940,594$578,039$1,640,304
52$3,486,140$911,828$522,548$1,693,636
53$3,764,513$879,293$462,839$1,751,615
54$4,068,847$842,733$398,699$1,814,807
55$4,401,715$801,872$329,900$1,883,844
56$4,765,948$756,421$256,209$1,959,430
57$5,164,662$706,074$177,381$2,042,350
58$5,601,292$650,506$93,157$2,133,480
59$6,079,619$589,375$3,272$2,233,794
60$6,603,804$522,320$0$2,344,374
61$7,178,435$448,956$0$2,491,142
62$7,808,561$368,880$0$2,653,261
63$8,499,745$281,666$0$2,831,429
64$9,258,112$186,861$0$3,027,384
65$10,090,412$83,990$0$3,243,054
66$11,004,078$0$0$3,480,571
67$12,007,297$0$0$3,756,188
68$13,109,090$0$0$4,105,745
69$14,319,394$0$0$4,489,898
70$15,649,153$0$0$4,912,144
71$17,110,427$0$0$5,376,334
72$18,716,500$0$0$5,886,711
73$20,482,008$0$0$6,447,949
74$22,423,075$0$0$7,065,198
75$24,557,466$0$0$7,744,132
76$26,904,753$0$0$8,491,004
77$29,486,500$0$0$9,312,701
78$32,326,464$0$0$10,216,814
79$35,450,824$0$0$11,211,703
80$38,888,421$0$0$12,306,584
81$42,671,034$0$0$13,511,608
82$46,833,677$0$0$14,837,961
83$51,414,931$0$0$16,297,970
84$56,457,306$0$0$17,905,216
85$62,007,642$0$0$19,674,664
86$68,117,550$0$0$21,622,804
87$74,843,900$0$0$23,767,805
88$82,249,356$0$0$26,129,691
89$90,402,968$0$0$28,730,522
90$99,380,819$0$0$31,594,609
91$109,266,748$0$0$34,748,741
92$120,153,139$0$0$38,222,435
93$132,141,789$0$0$42,048,221
94$145,344,871$0$0$46,261,940
95$159,885,994$0$0$50,903,089
96$175,901,363$0$0$56,015,193
97$193,541,070$0$0$61,646,211
98$212,970,507$0$0$67,848,992
99$234,371,926$0$0$74,681,776
100$257,946,161$0$0$82,208,738