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

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 $1,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.8%
1 years$82,579$81,843$81,126$80,425$79,741$77,220
2 years$40,881$40,119$39,381$38,666$37,972$35,454
3 years$26,983$26,218$25,482$24,774$24,091$21,656
4 years$20,036$19,273$18,545$17,848$17,182$14,849
5 years$15,868$15,111$14,391$13,709$13,061$10,836
6 years$13,091$12,339$11,630$10,963$10,335$8,220
7 years$11,108$10,362$9,665$9,013$8,405$6,399
8 years$9,621$8,882$8,197$7,561$6,973$5,075
9 years$8,466$7,734$7,060$6,440$5,872$4,081
10 years$7,542$6,817$6,155$5,552$5,003$3,315
11 years$6,786$6,069$5,419$4,832$4,303$2,715
12 years$6,157$5,447$4,809$4,238$3,729$2,238
13 years$5,625$4,922$4,296$3,742$3,252$1,854
14 years$5,170$4,474$3,860$3,321$2,850$1,543
15 years$4,775$4,087$3,485$2,962$2,510$1,288
16 years$4,430$3,750$3,160$2,652$2,218$1,078
17 years$4,126$3,454$2,875$2,383$1,967$904
18 years$3,857$3,191$2,625$2,148$1,749$760
19 years$3,615$2,958$2,403$1,940$1,559$640
20 years$3,399$2,748$2,205$1,757$1,392$539
21 years$3,203$2,560$2,029$1,595$1,246$455
22 years$3,025$2,390$1,870$1,450$1,117$385
23 years$2,863$2,235$1,726$1,321$1,002$325
24 years$2,714$2,094$1,596$1,205$901$275
25 years$2,578$1,965$1,479$1,100$811$233
26 years$2,453$1,847$1,371$1,006$730$197
27 years$2,336$1,738$1,273$921$658$167
28 years$2,229$1,638$1,184$844$594$141
29 years$2,129$1,545$1,102$774$537$120
30 years$2,036$1,459$1,026$710$485$102
31 years$1,949$1,380$957$652$438$86
32 years$1,867$1,305$893$599$396$73
33 years$1,791$1,236$833$551$359$62
34 years$1,719$1,172$779$507$325$53
35 years$1,652$1,111$728$467$294$45
36 years$1,588$1,055$681$430$267$38
37 years$1,528$1,002$637$396$242$32
38 years$1,472$952$597$365$219$27
39 years$1,418$905$559$337$199$23
40 years$1,367$861$524$310$180$20
41 years$1,319$820$492$286$163$17
42 years$1,273$781$461$264$148$14
43 years$1,230$744$433$244$135$12
44 years$1,188$709$406$225$122$10
45 years$1,149$676$381$208$111$9
46 years$1,111$645$358$192$101$7
47 years$1,075$616$336$178$91$6
48 years$1,041$588$316$164$83$5
49 years$1,008$561$297$152$75$4
50 years$976$536$279$140$69$4

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 $5,983 every year, while hoping to spend $54,960 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: 58/18/24 Blend
34$1,000,000$1,000,000$1,000,000$1,000,000
35$1,108,171$1,055,171$1,039,671$1,164,947
36$1,162,728$1,048,398$1,016,023$1,197,588
37$1,221,007$1,039,450$989,741$1,226,769
38$1,283,331$1,028,164$960,678$1,257,408
39$1,350,052$1,014,365$928,682$1,289,661
40$1,421,556$997,869$893,592$1,323,699
41$1,498,269$978,478$855,242$1,359,715
42$1,580,655$955,987$813,455$1,397,925
43$1,669,227$930,174$768,050$1,438,569
44$1,764,543$900,808$718,836$1,481,913
45$1,867,222$867,643$665,612$1,528,257
46$1,977,938$830,417$608,169$1,577,930
47$2,097,436$788,856$546,291$1,631,303
48$2,226,531$742,667$479,749$1,688,787
49$2,366,122$691,542$408,305$1,750,836
50$2,517,194$635,155$331,711$1,817,960
51$2,680,832$573,162$249,707$1,890,721
52$2,858,227$505,198$162,023$1,969,746
53$3,050,692$430,878$68,377$2,055,730
54$3,259,667$349,795$0$2,149,446
55$3,486,739$261,521$0$2,259,831
56$3,733,651$165,600$0$2,398,964
57$4,002,323$61,554$0$2,550,454
58$4,294,867$0$0$2,715,552
59$4,613,606$0$0$2,905,770
60$4,961,096$0$0$3,126,516
61$5,340,154$0$0$3,367,395
62$5,753,876$0$0$3,630,386
63$6,205,671$0$0$3,917,667
64$6,699,294$0$0$4,231,636
65$7,238,877$0$0$4,574,932
66$7,828,970$0$0$4,950,461
67$8,474,581$0$0$5,361,425
68$9,181,227$0$0$5,811,346
69$9,954,981$0$0$6,304,106
70$10,802,532$0$0$6,843,977
71$11,731,246$0$0$7,435,666
72$12,749,235$0$0$8,084,356
73$13,865,433$0$0$8,795,755
74$15,089,680$0$0$9,576,150
75$16,432,814$0$0$10,432,468
76$17,906,773$0$0$11,372,336
77$19,524,708$0$0$12,404,157
78$21,301,102$0$0$13,537,186
79$23,251,912$0$0$14,781,621
80$25,394,714$0$0$16,148,692
81$27,748,873$0$0$17,650,774
82$30,335,718$0$0$19,301,499
83$33,178,750$0$0$21,115,883
84$36,303,858$0$0$23,110,472
85$39,739,565$0$0$25,303,492
86$43,517,294$0$0$27,715,028
87$47,671,667$0$0$30,367,203
88$52,240,828$0$0$33,284,395
89$57,266,802$0$0$36,493,463
90$62,795,894$0$0$40,023,998
91$68,879,122$0$0$43,908,606
92$75,572,698$0$0$48,183,212
93$82,938,557$0$0$52,887,400
94$91,044,943$0$0$58,064,785
95$99,967,051$0$0$63,763,422
96$109,787,732$0$0$70,036,266
97$120,598,280$0$0$76,941,663
98$132,499,289$0$0$84,543,904
99$145,601,600$0$0$92,913,830
100$160,027,349$0$0$102,129,501