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%17.7%
1 years$86,708$85,936$85,182$84,447$83,728$81,113
2 years$42,925$42,125$41,351$40,599$39,871$37,259
3 years$28,332$27,529$26,757$26,012$25,296$22,770
4 years$21,037$20,237$19,472$18,740$18,041$15,620
5 years$16,662$15,866$15,111$14,394$13,715$11,405
6 years$13,745$12,956$12,212$11,511$10,852$8,656
7 years$11,663$10,880$10,148$9,464$8,825$6,743
8 years$10,102$9,326$8,606$7,939$7,322$5,351
9 years$8,889$8,120$7,413$6,762$6,166$4,305
10 years$7,919$7,158$6,463$5,829$5,254$3,500
11 years$7,125$6,372$5,690$5,073$4,518$2,868
12 years$6,465$5,719$5,049$4,450$3,915$2,366
13 years$5,906$5,168$4,511$3,929$3,414$1,961
14 years$5,428$4,698$4,053$3,487$2,993$1,633
15 years$5,014$4,292$3,660$3,110$2,635$1,364
16 years$4,652$3,938$3,318$2,785$2,329$1,143
17 years$4,333$3,626$3,019$2,502$2,065$959
18 years$4,049$3,351$2,756$2,255$1,836$807
19 years$3,796$3,106$2,523$2,037$1,637$680
20 years$3,569$2,886$2,316$1,845$1,462$574
21 years$3,363$2,688$2,130$1,675$1,308$484
22 years$3,176$2,509$1,963$1,523$1,173$409
23 years$3,006$2,347$1,813$1,387$1,053$346
24 years$2,850$2,199$1,676$1,265$946$293
25 years$2,707$2,063$1,553$1,155$851$248
26 years$2,575$1,939$1,440$1,056$767$210
27 years$2,453$1,825$1,337$967$691$178
28 years$2,340$1,720$1,243$886$624$151
29 years$2,235$1,622$1,157$812$563$128
30 years$2,137$1,532$1,077$745$509$109
31 years$2,046$1,448$1,004$685$460$92
32 years$1,961$1,371$937$629$416$78
33 years$1,880$1,298$875$579$377$67
34 years$1,805$1,230$818$532$341$57
35 years$1,734$1,167$764$490$309$48
36 years$1,668$1,107$715$451$280$41
37 years$1,605$1,052$669$416$254$35
38 years$1,545$1,000$627$383$230$29
39 years$1,489$951$587$353$209$25
40 years$1,436$904$550$326$189$21
41 years$1,385$861$516$301$172$18
42 years$1,337$820$484$278$156$15
43 years$1,291$781$454$256$141$13
44 years$1,248$745$426$237$128$11
45 years$1,206$710$400$218$116$9
46 years$1,167$677$376$202$106$8
47 years$1,129$646$353$186$96$7
48 years$1,093$617$332$172$87$6
49 years$1,058$589$312$159$79$5
50 years$1,025$563$293$147$72$4

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 $5,247 every year, while hoping to spend $48,061 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: 49/33/18 Blend
34$1,050,000$1,050,000$1,050,000$1,050,000
35$1,162,512$1,106,862$1,090,587$1,213,387
36$1,229,952$1,109,962$1,075,985$1,252,242
37$1,302,660$1,111,603$1,059,284$1,289,080
38$1,381,122$1,111,662$1,040,361$1,328,068
39$1,465,874$1,110,011$1,019,090$1,369,427
40$1,557,502$1,106,511$995,339$1,413,403
41$1,656,654$1,101,016$968,969$1,460,266
42$1,764,037$1,093,371$939,834$1,510,320
43$1,880,433$1,083,410$907,783$1,563,901
44$2,006,701$1,070,961$872,657$1,621,384
45$2,143,783$1,055,837$834,290$1,683,181
46$2,292,718$1,037,842$792,508$1,749,755
47$2,454,648$1,016,769$747,130$1,821,616
48$2,630,830$992,398$697,966$1,899,332
49$2,822,644$964,495$644,818$1,983,530
50$3,031,614$932,815$587,478$2,074,910
51$3,259,411$897,096$525,732$2,174,244
52$3,507,879$857,061$459,351$2,282,389
53$3,779,044$812,419$388,102$2,400,296
54$4,075,140$762,861$311,736$2,529,016
55$4,398,622$708,059$229,997$2,669,717
56$4,752,195$647,668$142,616$2,823,688
57$5,138,838$581,323$49,313$2,992,359
58$5,561,829$508,637$0$3,177,314
59$6,024,778$429,202$0$3,389,956
60$6,531,661$342,589$0$3,633,305
61$7,086,855$248,340$0$3,900,086
62$7,695,181$145,975$0$4,192,736
63$8,361,948$34,987$0$4,513,946
64$9,093,004$0$0$4,866,686
65$9,894,790$0$0$5,285,164
66$10,774,398$0$0$5,758,313
67$11,739,641$0$0$6,277,646
68$12,799,127$0$0$6,847,809
69$13,962,334$0$0$7,473,919
70$15,239,706$0$0$8,161,612
71$16,642,746$0$0$8,917,098
72$18,184,127$0$0$9,747,219
73$19,877,809$0$0$10,659,510
74$21,739,171$0$0$11,662,275
75$23,785,159$0$0$12,764,659
76$26,034,438$0$0$13,976,741
77$28,507,573$0$0$15,309,622
78$31,227,224$0$0$16,775,537
79$34,218,353$0$0$18,387,961
80$37,508,465$0$0$20,161,743
81$41,127,863$0$0$22,113,246
82$45,109,937$0$0$24,260,494
83$49,491,473$0$0$26,623,350
84$54,313,006$0$0$29,223,698
85$59,619,198$0$0$32,085,652
86$65,459,258$0$0$35,235,781
87$71,887,411$0$0$38,703,361
88$78,963,400$0$0$42,520,650
89$86,753,061$0$0$46,723,193
90$95,328,931$0$0$51,350,158
91$104,770,943$0$0$56,444,700
92$115,167,171$0$0$62,054,376
93$126,614,667$0$0$68,231,586
94$139,220,372$0$0$75,034,074
95$153,102,125$0$0$82,525,465
96$168,389,777$0$0$90,775,873
97$185,226,413$0$0$99,862,556
98$203,769,704$0$0$109,870,648
99$224,193,392$0$0$120,893,963
100$246,688,930$0$0$133,035,875