Can I retire at age 35 with 1,020,000?

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 $1,020,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.7%
1 years$84,231$83,480$82,748$82,034$81,336$80,420
2 years$41,698$40,922$40,169$39,439$38,732$37,809
3 years$27,523$26,743$25,992$25,269$24,573$23,673
4 years$20,436$19,659$18,916$18,205$17,526$16,655
5 years$16,186$15,413$14,679$13,983$13,323$12,484
6 years$13,353$12,586$11,863$11,182$10,542$9,736
7 years$11,330$10,569$9,858$9,194$8,573$7,801
8 years$9,814$9,060$8,361$7,712$7,112$6,373
9 years$8,635$7,888$7,201$6,569$5,990$5,284
10 years$7,692$6,953$6,278$5,663$5,103$4,430
11 years$6,922$6,190$5,527$4,928$4,389$3,748
12 years$6,280$5,556$4,905$4,323$3,804$3,193
13 years$5,738$5,021$4,382$3,816$3,317$2,737
14 years$5,273$4,564$3,938$3,388$2,907$2,357
15 years$4,871$4,169$3,555$3,021$2,560$2,039
16 years$4,519$3,825$3,223$2,705$2,262$1,769
17 years$4,209$3,523$2,933$2,431$2,006$1,540
18 years$3,934$3,255$2,677$2,190$1,784$1,343
19 years$3,688$3,017$2,451$1,979$1,590$1,175
20 years$3,467$2,803$2,249$1,793$1,420$1,029
21 years$3,267$2,611$2,069$1,627$1,271$903
22 years$3,085$2,438$1,907$1,479$1,139$793
23 years$2,920$2,280$1,761$1,347$1,023$698
24 years$2,769$2,136$1,628$1,229$919$614
25 years$2,630$2,005$1,508$1,122$827$541
26 years$2,502$1,884$1,399$1,026$745$478
27 years$2,383$1,773$1,299$939$672$421
28 years$2,273$1,671$1,208$860$606$372
29 years$2,171$1,576$1,124$789$547$329
30 years$2,076$1,488$1,047$724$494$291
31 years$1,988$1,407$976$665$447$257
32 years$1,905$1,331$910$611$404$228
33 years$1,827$1,261$850$562$366$201
34 years$1,754$1,195$794$517$331$178
35 years$1,685$1,133$743$476$300$158
36 years$1,620$1,076$695$438$272$140
37 years$1,559$1,022$650$404$246$124
38 years$1,501$971$609$372$223$110
39 years$1,446$923$570$343$203$97
40 years$1,395$879$535$317$184$86
41 years$1,345$836$501$292$167$76
42 years$1,299$796$470$270$151$68
43 years$1,254$759$441$249$137$60
44 years$1,212$723$414$230$125$53
45 years$1,172$690$389$212$113$47
46 years$1,133$658$365$196$103$42
47 years$1,097$628$343$181$93$37
48 years$1,061$599$323$167$85$33
49 years$1,028$572$303$155$77$29
50 years$996$547$285$143$70$26

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $1,020,000, adding $2,215 every year, while hoping to spend $29,601 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: 43/31/26 Blend
34$1,020,000$1,020,000$1,020,000$1,020,000
35$1,126,325$1,072,265$1,056,455$1,166,135
36$1,209,715$1,093,311$1,060,351$1,215,830
37$1,300,618$1,114,395$1,063,385$1,266,645
38$1,399,771$1,135,490$1,065,498$1,321,126
39$1,507,981$1,156,563$1,066,626$1,379,630
40$1,626,140$1,177,579$1,066,703$1,442,549
41$1,755,228$1,198,502$1,065,659$1,510,319
42$1,896,324$1,219,292$1,063,422$1,583,417
43$2,050,618$1,239,906$1,059,915$1,662,372
44$2,219,416$1,260,297$1,055,057$1,747,768
45$2,404,161$1,280,415$1,048,766$1,840,249
46$2,606,438$1,300,208$1,040,952$1,940,526
47$2,827,994$1,319,618$1,031,524$2,049,383
48$3,070,754$1,338,584$1,020,384$2,167,685
49$3,336,836$1,357,039$1,007,432$2,296,389
50$3,628,573$1,374,914$992,561$2,436,549
51$3,948,536$1,392,134$975,660$2,589,329
52$4,299,555$1,408,617$956,614$2,756,012
53$4,684,749$1,424,279$935,299$2,938,017
54$5,107,552$1,439,027$911,590$3,136,905
55$5,571,747$1,452,764$885,353$3,354,403
56$6,081,501$1,465,385$856,449$3,592,414
57$6,641,406$1,476,780$824,731$3,853,038
58$7,256,518$1,486,831$790,048$4,138,592
59$7,932,409$1,495,412$752,241$4,451,634
60$8,675,215$1,502,388$711,142$4,794,982
61$9,491,700$1,507,618$666,578$5,171,749
62$10,389,312$1,510,949$618,366$5,585,366
63$11,376,258$1,512,222$566,318$6,039,619
64$12,461,581$1,511,265$510,234$6,538,684
65$13,655,242$1,507,898$449,907$7,087,167
66$14,968,218$1,501,926$385,120$7,690,148
67$16,412,602$1,493,146$315,648$8,353,231
68$18,001,719$1,481,341$241,253$9,082,596
69$19,750,249$1,466,282$161,689$9,885,059
70$21,674,368$1,447,723$76,700$10,768,137
71$23,791,899$1,425,407$0$11,740,118
72$26,122,481$1,399,061$0$12,814,030
73$28,687,752$1,368,393$0$14,019,028
74$31,511,556$1,333,097$0$15,345,009
75$34,620,164$1,292,848$0$16,804,317
76$38,042,524$1,247,301$0$18,410,557
77$41,810,534$1,196,092$0$20,178,725
78$45,959,344$1,138,835$0$22,125,349
79$50,527,682$1,075,123$0$24,268,650
80$55,558,226$1,004,525$0$26,628,709
81$61,098,002$926,584$0$29,227,662
82$67,198,830$840,818$0$32,089,905
83$73,917,810$746,718$0$35,242,330
84$81,317,865$643,744$0$38,714,578
85$89,468,329$531,329$0$42,539,317
86$98,445,605$408,871$0$46,752,556
87$108,333,886$275,735$0$51,393,982
88$119,225,947$131,251$0$56,507,339
89$131,224,021$0$0$62,140,841
90$144,440,765$0$0$68,356,254
91$159,000,321$0$0$75,252,659
92$175,039,491$0$0$82,850,106
93$192,709,021$0$0$91,220,025
94$212,175,032$0$0$100,441,131
95$233,620,581$0$0$110,600,165
96$257,247,392$0$0$121,792,712
97$283,277,760$0$0$134,124,107
98$311,956,646$0$0$147,710,422
99$343,553,992$0$0$162,679,570
100$378,367,267$0$0$179,172,505