Can I retire at age 35 with 1,030,000?

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 $1,030,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.9%
1 years$85,056$84,299$83,560$82,838$82,134$80,806
2 years$42,107$41,323$40,563$39,826$39,111$37,778
3 years$27,793$27,005$26,247$25,517$24,814$23,515
4 years$20,637$19,852$19,101$18,384$17,697$16,444
5 years$16,344$15,564$14,823$14,120$13,453$12,249
6 years$13,484$12,709$11,979$11,292$10,645$9,491
7 years$11,441$10,673$9,955$9,284$8,657$7,554
8 years$9,910$9,149$8,443$7,788$7,182$6,129
9 years$8,720$7,966$7,272$6,634$6,048$5,045
10 years$7,768$7,021$6,339$5,718$5,154$4,199
11 years$6,990$6,251$5,581$4,977$4,432$3,526
12 years$6,342$5,610$4,953$4,365$3,841$2,981
13 years$5,794$5,070$4,425$3,854$3,349$2,535
14 years$5,325$4,609$3,976$3,421$2,936$2,166
15 years$4,918$4,210$3,590$3,051$2,585$1,858
16 years$4,563$3,863$3,255$2,732$2,285$1,599
17 years$4,250$3,557$2,962$2,454$2,026$1,380
18 years$3,972$3,287$2,704$2,212$1,801$1,194
19 years$3,724$3,046$2,475$1,999$1,605$1,035
20 years$3,501$2,831$2,272$1,810$1,434$898
21 years$3,299$2,637$2,089$1,643$1,283$781
22 years$3,116$2,461$1,926$1,494$1,150$680
23 years$2,949$2,302$1,778$1,360$1,033$593
24 years$2,796$2,157$1,644$1,241$928$517
25 years$2,655$2,024$1,523$1,133$835$451
26 years$2,526$1,902$1,413$1,036$752$394
27 years$2,407$1,790$1,312$948$678$345
28 years$2,296$1,687$1,219$869$612$302
29 years$2,193$1,592$1,135$797$553$264
30 years$2,097$1,503$1,057$731$499$231
31 years$2,007$1,421$985$672$451$202
32 years$1,923$1,344$919$617$408$177
33 years$1,845$1,273$858$568$370$155
34 years$1,771$1,207$802$522$335$136
35 years$1,701$1,145$750$481$303$119
36 years$1,636$1,086$701$443$275$105
37 years$1,574$1,032$657$408$249$92
38 years$1,516$981$615$376$226$80
39 years$1,461$932$576$347$205$71
40 years$1,408$887$540$320$186$62
41 years$1,359$844$506$295$168$54
42 years$1,311$804$475$272$153$48
43 years$1,266$766$446$251$139$42
44 years$1,224$730$418$232$126$37
45 years$1,183$697$393$214$114$32
46 years$1,144$664$369$198$104$28
47 years$1,107$634$347$183$94$25
48 years$1,072$605$326$169$86$22
49 years$1,038$578$306$156$78$19
50 years$1,006$552$288$144$71$17

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $1,030,000, adding $4,209 every year, while hoping to spend $27,601 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: 22/50/28 Blend
34$1,030,000$1,030,000$1,030,000$1,030,000
35$1,139,402$1,084,812$1,068,847$1,154,279
36$1,226,253$1,108,600$1,075,286$1,191,574
37$1,321,039$1,132,629$1,081,015$1,228,867
38$1,424,538$1,156,881$1,085,983$1,268,171
39$1,537,610$1,181,338$1,090,133$1,309,668
40$1,661,201$1,205,977$1,093,406$1,353,559
41$1,796,350$1,230,777$1,095,742$1,400,067
42$1,944,204$1,255,711$1,097,076$1,449,437
43$2,106,025$1,280,754$1,097,340$1,501,943
44$2,283,202$1,305,873$1,096,463$1,557,884
45$2,477,266$1,331,038$1,094,372$1,617,594
46$2,689,901$1,356,214$1,090,988$1,681,439
47$2,922,964$1,381,361$1,086,229$1,749,827
48$3,178,498$1,406,439$1,080,009$1,823,205
49$3,458,755$1,431,404$1,072,239$1,902,072
50$3,766,213$1,456,208$1,062,824$1,986,975
51$4,103,604$1,480,800$1,051,666$2,078,522
52$4,473,935$1,505,123$1,038,661$2,177,382
53$4,880,521$1,529,118$1,023,701$2,284,297
54$5,327,012$1,552,722$1,006,672$2,400,085
55$5,817,427$1,575,866$987,456$2,525,651
56$6,356,198$1,598,477$965,929$2,661,994
57$6,948,203$1,620,475$941,960$2,810,219
58$7,598,819$1,641,777$915,415$2,971,545
59$8,313,967$1,662,293$886,150$3,147,320
60$9,100,172$1,681,926$854,016$3,339,032
61$9,964,623$1,700,573$818,859$3,548,327
62$10,915,239$1,718,126$780,515$3,777,018
63$11,960,746$1,734,467$738,815$4,027,111
64$13,110,757$1,749,471$693,581$4,300,820
65$14,375,865$1,763,006$644,627$4,600,590
66$15,767,741$1,774,931$591,759$4,929,119
67$17,299,242$1,785,094$534,775$5,289,389
68$18,984,536$1,793,335$473,462$5,684,688
69$20,839,236$1,799,485$407,599$6,118,648
70$22,880,540$1,803,362$336,955$6,595,277
71$25,127,401$1,804,773$261,290$7,119,000
72$27,600,704$1,803,515$180,351$7,694,700
73$30,323,458$1,799,369$93,875$8,327,764
74$33,321,019$1,792,106$1,588$9,024,142
75$36,621,324$1,781,481$0$9,790,394
76$40,255,160$1,767,235$0$10,662,711
77$44,256,449$1,749,092$0$11,622,522
78$48,662,571$1,726,761$0$12,678,261
79$53,514,713$1,699,933$0$13,839,750
80$58,858,264$1,668,279$0$15,117,820
81$64,743,235$1,631,454$0$16,524,413
82$71,224,739$1,589,089$0$18,072,698
83$78,363,504$1,540,796$0$19,777,193
84$86,226,449$1,486,162$0$21,653,903
85$94,887,315$1,424,752$0$23,720,479
86$104,427,361$1,356,105$0$25,996,377
87$114,936,130$1,279,732$0$28,503,049
88$126,512,294$1,195,118$0$31,264,146
89$139,264,587$1,101,718$0$34,305,742
90$153,312,827$998,954$0$37,656,582
91$168,789,050$886,218$0$41,348,356
92$185,838,755$762,864$0$45,416,000
93$204,622,275$628,212$0$49,898,028
94$225,316,296$481,543$0$54,836,896
95$248,115,518$322,098$0$60,279,407
96$273,234,494$149,074$0$66,277,157
97$300,909,658$0$0$72,887,020
98$331,401,555$0$0$80,192,808
99$364,997,297$0$0$88,332,965
100$402,013,277$0$0$97,302,175