Can I retire at age 35 with 1,050,000?

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 $1,050,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.7%
1 years$86,708$85,936$85,182$84,447$83,728$80,790
2 years$42,925$42,125$41,351$40,599$39,871$36,941
3 years$28,332$27,529$26,757$26,012$25,296$22,467
4 years$21,037$20,237$19,472$18,740$18,041$15,335
5 years$16,662$15,866$15,111$14,394$13,715$11,138
6 years$13,745$12,956$12,212$11,511$10,852$8,407
7 years$11,663$10,880$10,148$9,464$8,825$6,512
8 years$10,102$9,326$8,606$7,939$7,322$5,137
9 years$8,889$8,120$7,413$6,762$6,166$4,108
10 years$7,919$7,158$6,463$5,829$5,254$3,318
11 years$7,125$6,372$5,690$5,073$4,518$2,702
12 years$6,465$5,719$5,049$4,450$3,915$2,214
13 years$5,906$5,168$4,511$3,929$3,414$1,823
14 years$5,428$4,698$4,053$3,487$2,993$1,507
15 years$5,014$4,292$3,660$3,110$2,635$1,250
16 years$4,652$3,938$3,318$2,785$2,329$1,040
17 years$4,333$3,626$3,019$2,502$2,065$866
18 years$4,049$3,351$2,756$2,255$1,836$723
19 years$3,796$3,106$2,523$2,037$1,637$605
20 years$3,569$2,886$2,316$1,845$1,462$506
21 years$3,363$2,688$2,130$1,675$1,308$424
22 years$3,176$2,509$1,963$1,523$1,173$356
23 years$3,006$2,347$1,813$1,387$1,053$299
24 years$2,850$2,199$1,676$1,265$946$251
25 years$2,707$2,063$1,553$1,155$851$211
26 years$2,575$1,939$1,440$1,056$767$177
27 years$2,453$1,825$1,337$967$691$149
28 years$2,340$1,720$1,243$886$624$125
29 years$2,235$1,622$1,157$812$563$105
30 years$2,137$1,532$1,077$745$509$89
31 years$2,046$1,448$1,004$685$460$75
32 years$1,961$1,371$937$629$416$63
33 years$1,880$1,298$875$579$377$53
34 years$1,805$1,230$818$532$341$45
35 years$1,734$1,167$764$490$309$38
36 years$1,668$1,107$715$451$280$32
37 years$1,605$1,052$669$416$254$27
38 years$1,545$1,000$627$383$230$22
39 years$1,489$951$587$353$209$19
40 years$1,436$904$550$326$189$16
41 years$1,385$861$516$301$172$13
42 years$1,337$820$484$278$156$11
43 years$1,291$781$454$256$141$10
44 years$1,248$745$426$237$128$8
45 years$1,206$710$400$218$116$7
46 years$1,167$677$376$202$106$6
47 years$1,129$646$353$186$96$5
48 years$1,093$617$332$172$87$4
49 years$1,058$589$312$159$79$3
50 years$1,025$563$293$147$72$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $1,050,000, adding $2,521 every year, while hoping to spend $27,778 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: 63/18/19 Blend
34$1,050,000$1,050,000$1,050,000$1,050,000
35$1,159,700$1,104,050$1,087,775$1,226,995
36$1,248,434$1,128,593$1,094,660$1,297,140
37$1,345,288$1,153,408$1,100,845$1,370,356
38$1,451,060$1,178,478$1,106,276$1,449,666
39$1,566,631$1,203,786$1,110,899$1,535,667
40$1,692,968$1,229,312$1,114,655$1,629,016
41$1,831,138$1,255,035$1,117,483$1,730,438
42$1,982,313$1,280,931$1,119,318$1,840,730
43$2,147,788$1,306,975$1,120,093$1,960,771
44$2,328,983$1,333,139$1,119,738$2,091,530
45$2,527,468$1,359,391$1,118,177$2,234,075
46$2,744,967$1,385,698$1,115,334$2,389,583
47$2,983,382$1,412,025$1,111,125$2,559,350
48$3,244,805$1,438,333$1,105,467$2,744,806
49$3,531,543$1,464,579$1,098,267$2,947,526
50$3,846,135$1,490,718$1,089,434$3,169,246
51$4,191,378$1,516,700$1,078,867$3,411,880
52$4,570,353$1,542,473$1,066,464$3,677,536
53$4,986,455$1,567,980$1,052,116$3,968,539
54$5,443,421$1,593,159$1,035,710$4,287,451
55$5,945,371$1,617,945$1,017,127$4,637,095
56$6,496,842$1,642,267$996,244$5,020,584
57$7,102,832$1,666,050$972,930$5,441,349
58$7,768,847$1,689,213$947,049$5,903,169
59$8,500,953$1,711,668$918,459$6,410,214
60$9,305,835$1,733,324$887,012$6,967,076
61$10,190,854$1,754,081$852,551$7,578,818
62$11,164,124$1,773,834$814,914$8,251,020
63$12,234,582$1,792,470$773,932$8,989,833
64$13,412,076$1,809,867$729,425$9,802,036
65$14,707,456$1,825,899$681,209$10,695,102
66$16,132,676$1,840,428$629,089$11,677,266
67$17,700,908$1,853,307$572,862$12,757,605
68$19,426,665$1,864,383$512,317$13,946,125
69$21,325,937$1,873,490$447,232$15,253,852
70$23,416,344$1,880,453$377,375$16,692,941
71$25,717,300$1,885,084$302,507$18,276,788
72$28,250,197$1,887,186$222,373$20,020,158
73$31,038,606$1,886,547$136,711$21,939,323
74$34,108,499$1,882,944$45,247$24,052,219
75$37,488,497$1,876,138$0$26,378,616
76$41,210,134$1,865,879$0$28,950,915
77$45,308,158$1,851,898$0$31,792,993
78$49,820,861$1,833,912$0$34,922,197
79$54,790,434$1,811,619$0$38,367,764
80$60,263,371$1,784,701$0$42,161,909
81$66,290,904$1,752,820$0$46,340,138
82$72,929,486$1,715,618$0$50,941,576
83$80,241,325$1,672,715$0$56,009,340
84$88,294,973$1,623,711$0$61,590,945
85$97,165,968$1,568,180$0$67,738,754
86$106,937,549$1,505,673$0$74,510,471
87$117,701,441$1,435,713$0$81,969,688
88$129,558,723$1,357,798$0$90,186,483
89$142,620,777$1,271,394$0$99,238,084
90$157,010,343$1,175,939$0$109,209,597
91$172,862,675$1,070,838$0$120,194,811
92$190,326,820$955,461$0$132,297,084
93$209,567,020$829,143$0$145,630,316
94$230,764,267$691,182$0$160,320,029
95$254,118,008$540,836$0$176,504,551
96$279,848,028$377,319$0$194,336,320
97$308,196,523$199,805$0$213,983,329
98$339,430,392$7,418$0$235,630,706
99$373,843,746$0$0$259,482,468
100$411,760,693$0$0$285,803,210