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%16%
1 years$82,579$81,843$81,126$80,425$79,741$77,782
2 years$40,881$40,119$39,381$38,666$37,972$36,010
3 years$26,983$26,218$25,482$24,774$24,091$22,188
4 years$20,036$19,273$18,545$17,848$17,182$15,352
5 years$15,868$15,111$14,391$13,709$13,061$11,310
6 years$13,091$12,339$11,630$10,963$10,335$8,664
7 years$11,108$10,362$9,665$9,013$8,405$6,815
8 years$9,621$8,882$8,197$7,561$6,973$5,462
9 years$8,466$7,734$7,060$6,440$5,872$4,440
10 years$7,542$6,817$6,155$5,552$5,003$3,648
11 years$6,786$6,069$5,419$4,832$4,303$3,023
12 years$6,157$5,447$4,809$4,238$3,729$2,521
13 years$5,625$4,922$4,296$3,742$3,252$2,114
14 years$5,170$4,474$3,860$3,321$2,850$1,781
15 years$4,775$4,087$3,485$2,962$2,510$1,506
16 years$4,430$3,750$3,160$2,652$2,218$1,277
17 years$4,126$3,454$2,875$2,383$1,967$1,085
18 years$3,857$3,191$2,625$2,148$1,749$924
19 years$3,615$2,958$2,403$1,940$1,559$789
20 years$3,399$2,748$2,205$1,757$1,392$674
21 years$3,203$2,560$2,029$1,595$1,246$577
22 years$3,025$2,390$1,870$1,450$1,117$494
23 years$2,863$2,235$1,726$1,321$1,002$424
24 years$2,714$2,094$1,596$1,205$901$364
25 years$2,578$1,965$1,479$1,100$811$312
26 years$2,453$1,847$1,371$1,006$730$268
27 years$2,336$1,738$1,273$921$658$230
28 years$2,229$1,638$1,184$844$594$198
29 years$2,129$1,545$1,102$774$537$170
30 years$2,036$1,459$1,026$710$485$147
31 years$1,949$1,380$957$652$438$126
32 years$1,867$1,305$893$599$396$109
33 years$1,791$1,236$833$551$359$94
34 years$1,719$1,172$779$507$325$81
35 years$1,652$1,111$728$467$294$69
36 years$1,588$1,055$681$430$267$60
37 years$1,528$1,002$637$396$242$52
38 years$1,472$952$597$365$219$44
39 years$1,418$905$559$337$199$38
40 years$1,367$861$524$310$180$33
41 years$1,319$820$492$286$163$28
42 years$1,273$781$461$264$148$24
43 years$1,230$744$433$244$135$21
44 years$1,188$709$406$225$122$18
45 years$1,149$676$381$208$111$16
46 years$1,111$645$358$192$101$14
47 years$1,075$616$336$178$91$12
48 years$1,041$588$316$164$83$10
49 years$1,008$561$297$152$75$9
50 years$976$536$279$140$69$7

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 $4,793 every year, while hoping to spend $56,696 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: 63/19/18 Blend
34$1,000,000$1,000,000$1,000,000$1,000,000
35$1,106,944$1,053,944$1,038,444$1,171,357
36$1,159,528$1,045,263$1,012,908$1,206,578
37$1,215,576$1,034,257$984,616$1,238,184
38$1,275,380$1,020,751$953,416$1,271,364
39$1,339,263$1,004,562$919,149$1,306,275
40$1,407,576$985,493$881,649$1,343,091
41$1,480,706$963,340$840,742$1,382,008
42$1,559,076$937,881$796,245$1,423,242
43$1,643,151$908,887$747,968$1,467,035
44$1,733,441$876,111$695,713$1,513,654
45$1,830,505$839,293$639,273$1,563,397
46$1,934,957$798,160$578,430$1,616,598
47$2,047,473$752,419$512,957$1,673,622
48$2,168,792$701,765$442,618$1,734,881
49$2,299,729$645,872$367,166$1,800,829
50$2,441,177$584,396$286,342$1,871,969
51$2,594,121$516,974$199,878$1,948,862
52$2,759,638$443,223$107,491$2,032,128
53$2,938,917$362,737$8,888$2,122,458
54$3,133,263$275,088$0$2,220,616
55$3,344,112$179,823$0$2,345,950
56$3,573,041$76,464$0$2,483,922
57$3,821,789$0$0$2,633,927
58$4,092,263$0$0$2,804,605
59$4,386,567$0$0$3,007,779
60$4,707,012$0$0$3,229,066
61$5,056,142$0$0$3,470,230
62$5,436,758$0$0$3,733,214
63$5,851,940$0$0$4,020,158
64$6,305,080$0$0$4,333,413
65$6,799,913$0$0$4,675,571
66$7,340,548$0$0$5,049,484
67$7,931,509$0$0$5,458,292
68$8,577,779$0$0$5,905,451
69$9,284,841$0$0$6,394,769
70$10,058,736$0$0$6,930,436
71$10,906,114$0$0$7,517,069
72$11,834,298$0$0$8,159,750
73$12,851,353$0$0$8,864,076
74$13,966,161$0$0$9,636,213
75$15,188,505$0$0$10,482,949
76$16,529,158$0$0$11,411,764
77$17,999,988$0$0$12,430,894
78$19,614,066$0$0$13,549,411
79$21,385,789$0$0$14,777,311
80$23,331,017$0$0$16,125,600
81$25,467,221$0$0$17,606,407
82$27,813,645$0$0$19,233,089
83$30,391,491$0$0$21,020,365
84$33,224,113$0$0$22,984,446
85$36,337,243$0$0$25,143,193
86$39,759,227$0$0$27,516,284
87$43,521,294$0$0$30,125,398
88$47,657,851$0$0$32,994,418
89$52,206,804$0$0$36,149,660
90$57,209,918$0$0$39,620,115
91$62,713,207$0$0$43,437,728
92$68,767,369$0$0$47,637,692
93$75,428,265$0$0$52,258,786
94$82,757,440$0$0$57,343,736
95$90,822,710$0$0$62,939,619
96$99,698,793$0$0$69,098,308
97$109,468,020$0$0$75,876,956
98$120,221,107$0$0$83,338,542
99$132,058,010$0$0$91,552,456
100$145,088,869$0$0$100,595,161