Can I retire at age 35 with 1,040,000?

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 $1,040,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14%
1 years$85,882$85,117$84,371$83,642$82,931$81,557
2 years$42,516$41,724$40,957$40,213$39,491$38,111
3 years$28,062$27,267$26,502$25,765$25,055$23,711
4 years$20,837$20,044$19,286$18,562$17,869$16,573
5 years$16,503$15,715$14,967$14,257$13,584$12,338
6 years$13,615$12,832$12,096$11,402$10,748$9,555
7 years$11,552$10,777$10,052$9,374$8,741$7,601
8 years$10,006$9,238$8,524$7,864$7,252$6,163
9 years$8,804$8,043$7,342$6,698$6,107$5,070
10 years$7,843$7,089$6,401$5,774$5,204$4,218
11 years$7,058$6,311$5,635$5,025$4,475$3,539
12 years$6,403$5,665$5,001$4,408$3,878$2,991
13 years$5,850$5,119$4,468$3,891$3,382$2,542
14 years$5,376$4,653$4,015$3,454$2,964$2,170
15 years$4,966$4,251$3,625$3,081$2,610$1,860
16 years$4,608$3,900$3,286$2,758$2,307$1,600
17 years$4,292$3,592$2,991$2,478$2,045$1,380
18 years$4,011$3,319$2,730$2,233$1,819$1,192
19 years$3,760$3,076$2,499$2,018$1,621$1,033
20 years$3,535$2,858$2,294$1,828$1,448$896
21 years$3,331$2,662$2,110$1,659$1,296$778
22 years$3,146$2,485$1,944$1,508$1,161$677
23 years$2,977$2,324$1,795$1,374$1,043$590
24 years$2,823$2,178$1,660$1,253$937$514
25 years$2,681$2,044$1,538$1,144$843$448
26 years$2,551$1,921$1,426$1,046$760$391
27 years$2,430$1,808$1,324$958$685$342
28 years$2,318$1,703$1,231$877$618$299
29 years$2,214$1,607$1,146$805$558$261
30 years$2,117$1,518$1,067$738$504$229
31 years$2,027$1,435$995$678$456$200
32 years$1,942$1,357$928$623$412$175
33 years$1,862$1,286$867$573$373$153
34 years$1,788$1,218$810$527$338$134
35 years$1,718$1,156$757$485$306$118
36 years$1,652$1,097$708$447$277$103
37 years$1,589$1,042$663$412$251$90
38 years$1,530$990$621$380$228$79
39 years$1,475$941$582$350$207$69
40 years$1,422$896$545$323$187$61
41 years$1,372$853$511$298$170$53
42 years$1,324$812$480$275$154$47
43 years$1,279$774$450$254$140$41
44 years$1,236$738$422$234$127$36
45 years$1,195$703$397$216$115$31
46 years$1,155$671$372$200$105$28
47 years$1,118$640$350$185$95$24
48 years$1,082$611$329$171$86$21
49 years$1,048$584$309$158$78$19
50 years$1,015$558$291$146$71$16

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $1,040,000, adding $3,174 every year, while hoping to spend $43,130 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: 88/6/6 Blend
34$1,040,000$1,040,000$1,040,000$1,040,000
35$1,149,354$1,094,234$1,078,114$1,250,012
36$1,220,698$1,101,961$1,068,341$1,323,736
37$1,297,874$1,108,622$1,056,795$1,398,418
38$1,381,430$1,114,118$1,043,371$1,479,102
39$1,471,972$1,118,345$1,027,959$1,566,362
40$1,570,162$1,121,193$1,010,445$1,660,826
41$1,676,730$1,122,544$990,707$1,763,188
42$1,792,481$1,122,273$968,620$1,874,212
43$1,918,298$1,120,247$944,052$1,994,738
44$2,055,151$1,116,327$916,865$2,125,690
45$2,204,111$1,110,361$886,915$2,268,088
46$2,366,354$1,102,193$854,050$2,423,054
47$2,543,175$1,091,653$818,113$2,591,823
48$2,735,998$1,078,563$778,939$2,775,754
49$2,946,392$1,062,734$736,355$2,976,347
50$3,176,082$1,043,967$690,182$3,195,253
51$3,426,970$1,022,049$640,230$3,434,288
52$3,701,146$996,754$586,303$3,695,455
53$4,000,914$967,846$528,195$3,980,960
54$4,328,809$935,072$465,692$4,293,233
55$4,687,623$898,167$398,568$4,634,950
56$5,080,431$856,847$326,590$5,009,062
57$5,510,617$810,814$249,513$5,418,817
58$5,981,909$759,753$167,081$5,867,794
59$6,498,413$703,331$79,027$6,359,939
60$7,064,651$641,193$0$6,899,596
61$7,685,602$572,968$0$7,492,510
62$8,366,751$498,262$0$8,148,462
63$9,114,140$416,657$0$8,868,219
64$9,934,422$327,713$0$9,658,208
65$10,834,929$230,967$0$10,525,507
66$11,823,734$125,927$0$11,477,915
67$12,909,732$12,074$0$12,524,027
68$14,102,721$0$0$13,673,309
69$15,413,496$0$0$14,943,530
70$16,853,946$0$0$16,340,299
71$18,437,173$0$0$17,875,524
72$20,177,609$0$0$19,563,200
73$22,091,155$0$0$21,418,747
74$24,195,328$0$0$23,459,152
75$26,509,430$0$0$25,703,133
76$29,054,725$0$0$28,171,312
77$31,854,641$0$0$30,886,408
78$34,934,994$0$0$33,873,455
79$38,324,225$0$0$37,160,034
80$42,053,672$0$0$40,776,537
81$46,157,864$0$0$44,756,447
82$50,674,848$0$0$49,136,661
83$55,646,544$0$0$53,957,831
84$61,119,143$0$0$59,264,751
85$67,143,541$0$0$65,106,778
86$73,775,821$0$0$71,538,297
87$81,077,778$0$0$78,619,237
88$89,117,505$0$0$86,415,630
89$97,970,032$0$0$95,000,238
90$107,718,037$0$0$104,453,237
91$118,452,623$0$0$114,862,976
92$130,274,179$0$0$126,326,806
93$143,293,323$0$0$138,952,004
94$157,631,953$0$0$152,856,777
95$173,424,388$0$0$168,171,385
96$190,818,641$0$0$185,039,364
97$209,977,815$0$0$203,618,883
98$231,081,639$0$0$224,084,237
99$254,328,164$0$0$246,627,488
100$279,935,635$0$0$271,460,281