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%12.9%
1 years$83,405$82,662$81,937$81,230$80,539$79,565
2 years$41,290$40,521$39,775$39,053$38,352$37,372
3 years$27,253$26,481$25,737$25,021$24,332$23,377
4 years$20,236$19,466$18,730$18,027$17,354$16,430
5 years$16,027$15,262$14,535$13,846$13,192$12,302
6 years$13,222$12,462$11,747$11,073$10,438$9,584
7 years$11,219$10,466$9,762$9,104$8,489$7,671
8 years$9,717$8,971$8,279$7,637$7,043$6,260
9 years$8,550$7,811$7,130$6,505$5,931$5,183
10 years$7,617$6,885$6,216$5,607$5,053$4,341
11 years$6,854$6,129$5,473$4,880$4,346$3,667
12 years$6,219$5,501$4,857$4,280$3,766$3,121
13 years$5,681$4,972$4,339$3,779$3,284$2,672
14 years$5,221$4,519$3,899$3,355$2,879$2,298
15 years$4,823$4,128$3,520$2,992$2,535$1,985
16 years$4,475$3,788$3,192$2,679$2,240$1,720
17 years$4,168$3,488$2,904$2,407$1,986$1,495
18 years$3,895$3,223$2,651$2,169$1,766$1,302
19 years$3,652$2,987$2,427$1,960$1,574$1,137
20 years$3,433$2,776$2,227$1,775$1,406$994
21 years$3,235$2,586$2,049$1,611$1,258$871
22 years$3,055$2,414$1,888$1,465$1,128$764
23 years$2,891$2,257$1,743$1,334$1,013$671
24 years$2,742$2,115$1,612$1,217$910$590
25 years$2,604$1,985$1,493$1,111$819$519
26 years$2,477$1,865$1,385$1,016$738$457
27 years$2,360$1,756$1,286$930$665$403
28 years$2,251$1,654$1,196$852$600$355
29 years$2,150$1,561$1,113$781$542$314
30 years$2,056$1,474$1,036$717$490$277
31 years$1,968$1,393$966$659$443$244
32 years$1,886$1,318$901$605$400$216
33 years$1,809$1,248$842$557$362$191
34 years$1,736$1,183$786$512$328$169
35 years$1,668$1,122$735$471$297$149
36 years$1,604$1,065$688$434$269$132
37 years$1,544$1,012$644$400$244$117
38 years$1,486$962$603$369$221$103
39 years$1,432$914$565$340$201$91
40 years$1,381$870$529$314$182$81
41 years$1,332$828$496$289$165$71
42 years$1,286$789$466$267$150$63
43 years$1,242$751$437$246$136$56
44 years$1,200$716$410$228$123$50
45 years$1,160$683$385$210$112$44
46 years$1,122$652$362$194$102$39
47 years$1,086$622$340$179$92$34
48 years$1,051$594$319$166$84$30
49 years$1,018$567$300$153$76$27
50 years$986$541$282$142$69$24

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 $2,647 every year, while hoping to spend $21,519 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: 65/6/29 Blend
34$1,010,000$1,010,000$1,010,000$1,010,000
35$1,115,750$1,062,220$1,046,565$1,179,524
36$1,206,661$1,091,373$1,058,729$1,252,147
37$1,306,123$1,121,233$1,070,579$1,328,880
38$1,414,986$1,151,812$1,082,083$1,412,290
39$1,534,186$1,183,123$1,093,204$1,503,037
40$1,664,753$1,215,175$1,103,906$1,601,850
41$1,807,821$1,247,982$1,114,150$1,709,529
42$1,964,640$1,281,555$1,123,895$1,826,959
43$2,136,586$1,315,903$1,133,098$1,955,112
44$2,325,174$1,351,039$1,141,713$2,095,062
45$2,532,074$1,386,972$1,149,693$2,247,991
46$2,759,124$1,423,712$1,156,986$2,415,200
47$3,008,350$1,461,269$1,163,540$2,598,126
48$3,281,982$1,499,652$1,169,299$2,798,351
49$3,582,479$1,538,869$1,174,205$3,017,618
50$3,912,546$1,578,928$1,178,196$3,257,848
51$4,275,167$1,619,837$1,181,207$3,521,159
52$4,673,628$1,661,602$1,183,170$3,809,884
53$5,111,546$1,704,229$1,184,015$4,126,594
54$5,592,910$1,747,723$1,183,666$4,474,125
55$6,122,113$1,792,088$1,182,045$4,855,599
56$6,703,994$1,837,326$1,179,069$5,274,459
57$7,343,887$1,883,440$1,174,653$5,734,498
58$8,047,665$1,930,430$1,168,705$6,239,899
59$8,821,801$1,978,295$1,161,132$6,795,268
60$9,673,428$2,027,034$1,151,832$7,405,685
61$10,610,402$2,076,644$1,140,703$8,076,746
62$11,641,381$2,127,118$1,127,635$8,814,620
63$12,775,905$2,178,450$1,112,514$9,626,106
64$14,024,484$2,230,631$1,095,220$10,518,696
65$15,398,700$2,283,650$1,075,628$11,500,647
66$16,911,313$2,337,494$1,053,607$12,581,061
67$18,576,383$2,392,148$1,029,020$13,769,966
68$20,409,405$2,447,593$1,001,722$15,078,416
69$22,427,448$2,503,810$971,564$16,518,594
70$24,649,325$2,560,774$938,389$18,103,925
71$27,095,764$2,618,459$902,032$19,849,207
72$29,789,603$2,676,835$862,322$21,770,745
73$32,756,012$2,735,869$819,079$23,886,512
74$36,022,722$2,795,523$772,115$26,216,315
75$39,620,293$2,855,757$721,234$28,781,981
76$43,582,398$2,916,525$666,231$31,607,568
77$47,946,145$2,977,776$606,892$34,719,587
78$52,752,421$3,039,457$542,992$38,147,256
79$58,046,285$3,101,507$474,299$41,922,777
80$63,877,385$3,163,860$400,567$46,081,637
81$70,300,435$3,226,446$321,543$50,662,944
82$77,375,724$3,289,187$236,959$55,709,802
83$85,169,689$3,351,998$146,538$61,269,709
84$93,755,540$3,414,788$49,990$67,395,013
85$103,213,952$3,477,460$0$74,143,406
86$113,633,825$3,539,905$0$81,594,879
87$125,113,125$3,602,010$0$89,820,660
88$137,759,806$3,663,651$0$98,882,583
89$151,692,830$3,724,694$0$108,865,852
90$167,043,291$3,784,996$0$119,864,358
91$183,955,649$3,844,404$0$131,981,570
92$202,589,097$3,902,751$0$145,331,504
93$223,119,061$3,959,862$0$160,039,808
94$245,738,856$4,015,546$0$176,244,939
95$270,661,512$4,069,601$0$194,099,478
96$298,121,784$4,121,809$0$213,771,564
97$328,378,367$4,171,938$0$235,446,486
98$361,716,339$4,219,741$0$259,328,428
99$398,449,849$4,264,953$0$285,642,398
100$438,925,089$4,307,291$0$314,636,354