Can I retire at age 35 with 1,010,000?

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 $1,010,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11%
1 years$83,405$82,662$81,937$81,230$80,539$80,199
2 years$41,290$40,521$39,775$39,053$38,352$38,009
3 years$27,253$26,481$25,737$25,021$24,332$23,997
4 years$20,236$19,466$18,730$18,027$17,354$17,028
5 years$16,027$15,262$14,535$13,846$13,192$12,878
6 years$13,222$12,462$11,747$11,073$10,438$10,135
7 years$11,219$10,466$9,762$9,104$8,489$8,198
8 years$9,717$8,971$8,279$7,637$7,043$6,763
9 years$8,550$7,811$7,130$6,505$5,931$5,662
10 years$7,617$6,885$6,216$5,607$5,053$4,796
11 years$6,854$6,129$5,473$4,880$4,346$4,100
12 years$6,219$5,501$4,857$4,280$3,766$3,531
13 years$5,681$4,972$4,339$3,779$3,284$3,060
14 years$5,221$4,519$3,899$3,355$2,879$2,665
15 years$4,823$4,128$3,520$2,992$2,535$2,331
16 years$4,475$3,788$3,192$2,679$2,240$2,046
17 years$4,168$3,488$2,904$2,407$1,986$1,802
18 years$3,895$3,223$2,651$2,169$1,766$1,591
19 years$3,652$2,987$2,427$1,960$1,574$1,409
20 years$3,433$2,776$2,227$1,775$1,406$1,249
21 years$3,235$2,586$2,049$1,611$1,258$1,110
22 years$3,055$2,414$1,888$1,465$1,128$988
23 years$2,891$2,257$1,743$1,334$1,013$880
24 years$2,742$2,115$1,612$1,217$910$785
25 years$2,604$1,985$1,493$1,111$819$701
26 years$2,477$1,865$1,385$1,016$738$627
27 years$2,360$1,756$1,286$930$665$561
28 years$2,251$1,654$1,196$852$600$502
29 years$2,150$1,561$1,113$781$542$450
30 years$2,056$1,474$1,036$717$490$403
31 years$1,968$1,393$966$659$443$361
32 years$1,886$1,318$901$605$400$324
33 years$1,809$1,248$842$557$362$291
34 years$1,736$1,183$786$512$328$261
35 years$1,668$1,122$735$471$297$235
36 years$1,604$1,065$688$434$269$211
37 years$1,544$1,012$644$400$244$190
38 years$1,486$962$603$369$221$170
39 years$1,432$914$565$340$201$153
40 years$1,381$870$529$314$182$138
41 years$1,332$828$496$289$165$124
42 years$1,286$789$466$267$150$112
43 years$1,242$751$437$246$136$100
44 years$1,200$716$410$228$123$90
45 years$1,160$683$385$210$112$81
46 years$1,122$652$362$194$102$73
47 years$1,086$622$340$179$92$66
48 years$1,051$594$319$166$84$59
49 years$1,018$567$300$153$76$53
50 years$986$541$282$142$69$48

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $1,010,000, adding $5,488 every year, while hoping to spend $23,261 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: 60/34/6 Blend
34$1,010,000$1,010,000$1,010,000$1,010,000
35$1,118,681$1,065,151$1,049,496$1,184,196
36$1,208,037$1,092,594$1,059,904$1,256,140
37$1,305,727$1,120,602$1,069,882$1,331,403
38$1,412,578$1,149,178$1,079,390$1,412,899
39$1,529,498$1,178,325$1,088,387$1,501,226
40$1,657,489$1,208,044$1,096,829$1,597,045
41$1,797,652$1,238,337$1,104,672$1,701,082
42$1,951,201$1,269,205$1,111,867$1,814,136
43$2,119,473$1,300,645$1,118,364$1,937,089
44$2,303,940$1,332,658$1,124,110$2,070,910
45$2,506,224$1,365,240$1,129,050$2,216,667
46$2,728,110$1,398,388$1,133,124$2,375,536
47$2,971,565$1,432,097$1,136,272$2,548,811
48$3,238,756$1,466,361$1,138,428$2,737,920
49$3,532,069$1,501,173$1,139,526$2,944,433
50$3,854,134$1,536,524$1,139,494$3,170,082
51$4,207,846$1,572,404$1,138,257$3,416,772
52$4,596,395$1,608,800$1,135,737$3,686,605
53$5,023,295$1,645,700$1,131,852$3,981,893
54$5,492,419$1,683,086$1,126,517$4,305,187
55$6,008,030$1,720,942$1,119,640$4,659,293
56$6,574,829$1,759,248$1,111,127$5,047,307
57$7,197,991$1,797,981$1,100,880$5,472,637
58$7,883,221$1,837,116$1,088,794$5,939,039
59$8,636,802$1,876,627$1,074,761$6,450,651
60$9,465,656$1,916,483$1,058,666$7,012,034
61$10,377,413$1,956,651$1,040,392$7,628,212
62$11,380,477$1,997,094$1,019,812$8,304,721
63$12,484,106$2,037,772$996,797$9,047,661
64$13,698,505$2,078,643$971,209$9,863,756
65$15,034,915$2,119,659$942,907$10,760,412
66$16,505,722$2,160,768$911,740$11,745,792
67$18,124,574$2,201,914$877,552$12,828,890
68$19,906,511$2,243,038$840,180$14,019,619
69$21,868,101$2,284,073$799,453$15,328,901
70$24,027,605$2,324,950$755,191$16,768,773
71$26,405,140$2,365,592$707,210$18,352,497
72$29,022,875$2,405,917$655,312$20,094,692
73$31,905,238$2,445,837$599,295$22,011,465
74$35,079,146$2,485,256$538,945$24,120,567
75$38,574,259$2,524,074$474,040$26,441,558
76$42,423,261$2,562,181$404,347$28,995,996
77$46,662,165$2,599,459$329,625$31,807,637
78$51,330,657$2,635,784$249,618$34,902,660
79$56,472,467$2,671,021$164,063$38,309,916
80$62,135,784$2,705,025$72,684$42,061,199
81$68,373,707$2,737,645$0$46,191,546
82$75,244,750$2,768,715$0$50,741,159
83$82,813,393$2,798,060$0$55,756,071
84$91,150,689$2,825,495$0$61,278,535
85$100,334,934$2,850,819$0$67,360,252
86$110,452,408$2,873,820$0$74,058,193
87$121,598,190$2,894,273$0$81,435,144
88$133,877,049$2,911,937$0$89,560,294
89$147,404,442$2,926,555$0$98,509,889
90$162,307,594$2,937,855$0$108,367,956
91$178,726,707$2,945,548$0$119,227,091
92$196,816,277$2,949,326$0$131,189,339
93$216,746,555$2,948,861$0$144,367,152
94$238,705,155$2,943,807$0$158,884,458
95$262,898,822$2,933,794$0$174,877,823
96$289,555,383$2,918,431$0$192,497,749
97$318,925,901$2,897,304$0$211,910,090
98$351,287,042$2,869,971$0$233,297,620
99$386,943,687$2,835,965$0$256,861,760
100$426,231,808$2,794,793$0$282,824,479