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%11%
1 years$86,708$85,936$85,182$84,447$83,728$83,376
2 years$42,925$42,125$41,351$40,599$39,871$39,515
3 years$28,332$27,529$26,757$26,012$25,296$24,947
4 years$21,037$20,237$19,472$18,740$18,041$17,703
5 years$16,662$15,866$15,111$14,394$13,715$13,388
6 years$13,745$12,956$12,212$11,511$10,852$10,537
7 years$11,663$10,880$10,148$9,464$8,825$8,522
8 years$10,102$9,326$8,606$7,939$7,322$7,030
9 years$8,889$8,120$7,413$6,762$6,166$5,886
10 years$7,919$7,158$6,463$5,829$5,254$4,986
11 years$7,125$6,372$5,690$5,073$4,518$4,262
12 years$6,465$5,719$5,049$4,450$3,915$3,671
13 years$5,906$5,168$4,511$3,929$3,414$3,181
14 years$5,428$4,698$4,053$3,487$2,993$2,770
15 years$5,014$4,292$3,660$3,110$2,635$2,423
16 years$4,652$3,938$3,318$2,785$2,329$2,127
17 years$4,333$3,626$3,019$2,502$2,065$1,874
18 years$4,049$3,351$2,756$2,255$1,836$1,654
19 years$3,796$3,106$2,523$2,037$1,637$1,464
20 years$3,569$2,886$2,316$1,845$1,462$1,299
21 years$3,363$2,688$2,130$1,675$1,308$1,154
22 years$3,176$2,509$1,963$1,523$1,173$1,027
23 years$3,006$2,347$1,813$1,387$1,053$915
24 years$2,850$2,199$1,676$1,265$946$816
25 years$2,707$2,063$1,553$1,155$851$729
26 years$2,575$1,939$1,440$1,056$767$651
27 years$2,453$1,825$1,337$967$691$583
28 years$2,340$1,720$1,243$886$624$522
29 years$2,235$1,622$1,157$812$563$467
30 years$2,137$1,532$1,077$745$509$419
31 years$2,046$1,448$1,004$685$460$376
32 years$1,961$1,371$937$629$416$337
33 years$1,880$1,298$875$579$377$303
34 years$1,805$1,230$818$532$341$272
35 years$1,734$1,167$764$490$309$244
36 years$1,668$1,107$715$451$280$219
37 years$1,605$1,052$669$416$254$197
38 years$1,545$1,000$627$383$230$177
39 years$1,489$951$587$353$209$159
40 years$1,436$904$550$326$189$143
41 years$1,385$861$516$301$172$129
42 years$1,337$820$484$278$156$116
43 years$1,291$781$454$256$141$104
44 years$1,248$745$426$237$128$94
45 years$1,206$710$400$218$116$85
46 years$1,167$677$376$202$106$76
47 years$1,129$646$353$186$96$68
48 years$1,093$617$332$172$87$62
49 years$1,058$589$312$159$79$55
50 years$1,025$563$293$147$72$50

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 $5,662 every year, while hoping to spend $51,248 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: 32/43/25 Blend
34$1,050,000$1,050,000$1,050,000$1,050,000
35$1,162,940$1,107,290$1,091,015$1,191,093
36$1,227,033$1,107,020$1,073,037$1,212,676
37$1,295,945$1,105,019$1,052,739$1,230,936
38$1,370,115$1,101,148$1,029,988$1,249,577
39$1,450,022$1,095,260$1,004,649$1,268,666
40$1,536,195$1,087,198$976,575$1,288,281
41$1,629,213$1,076,797$945,616$1,308,513
42$1,729,713$1,063,881$911,615$1,329,467
43$1,838,395$1,048,262$874,405$1,351,262
44$1,956,029$1,029,744$833,815$1,374,036
45$2,083,460$1,008,118$789,664$1,397,948
46$2,221,618$983,161$741,763$1,423,175
47$2,371,526$954,639$689,916$1,449,923
48$2,534,309$922,304$633,915$1,478,422
49$2,711,204$885,892$573,547$1,508,935
50$2,903,571$845,125$508,585$1,541,758
51$3,112,909$799,710$438,796$1,577,226
52$3,340,864$749,334$363,934$1,615,716
53$3,589,249$693,668$283,743$1,657,653
54$3,860,059$632,365$197,955$1,703,515
55$4,155,490$565,056$106,291$1,753,837
56$4,477,959$491,352$8,461$1,809,223
57$4,830,126$410,843$0$1,870,345
58$5,214,919$323,095$0$1,963,552
59$5,635,564$227,650$0$2,068,168
60$6,095,608$124,022$0$2,182,967
61$6,598,962$11,700$0$2,309,095
62$7,149,928$0$0$2,447,826
63$7,753,245$0$0$2,652,553
64$8,414,133$0$0$2,883,040
65$9,138,338$0$0$3,135,774
66$9,932,190$0$0$3,412,984
67$10,802,660$0$0$3,717,127
68$11,757,425$0$0$4,050,908
69$12,804,942$0$0$4,417,304
70$13,954,526$0$0$4,819,600
71$15,216,438$0$0$5,261,408
72$16,601,979$0$0$5,746,713
73$18,123,599$0$0$6,279,901
74$19,795,013$0$0$6,865,806
75$21,631,330$0$0$7,509,751
76$23,649,194$0$0$8,217,604
77$25,866,941$0$0$8,995,826
78$28,304,773$0$0$9,851,537
79$30,984,944$0$0$10,792,582
80$33,931,975$0$0$11,827,604
81$37,172,881$0$0$12,966,124
82$40,737,424$0$0$14,218,635
83$44,658,396$0$0$15,596,696
84$48,971,930$0$0$17,113,044
85$53,717,832$0$0$18,781,712
86$58,939,966$0$0$20,618,163
87$64,686,659$0$0$22,639,434
88$71,011,162$0$0$24,864,299
89$77,972,147$0$0$27,313,443
90$85,634,265$0$0$30,009,659
91$94,068,752$0$0$32,978,062
92$103,354,099$0$0$36,246,325
93$113,576,798$0$0$39,844,942
94$124,832,150$0$0$43,807,516
95$137,225,169$0$0$48,171,072
96$150,871,570$0$0$52,976,408
97$165,898,862$0$0$58,268,484
98$182,447,547$0$0$64,096,838
99$200,672,448$0$0$70,516,061
100$220,744,170$0$0$77,586,307