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%19.2%
1 years$86,708$85,936$85,182$84,447$83,728$80,629
2 years$42,925$42,125$41,351$40,599$39,871$36,784
3 years$28,332$27,529$26,757$26,012$25,296$22,317
4 years$21,037$20,237$19,472$18,740$18,041$15,194
5 years$16,662$15,866$15,111$14,394$13,715$11,007
6 years$13,745$12,956$12,212$11,511$10,852$8,285
7 years$11,663$10,880$10,148$9,464$8,825$6,399
8 years$10,102$9,326$8,606$7,939$7,322$5,033
9 years$8,889$8,120$7,413$6,762$6,166$4,012
10 years$7,919$7,158$6,463$5,829$5,254$3,231
11 years$7,125$6,372$5,690$5,073$4,518$2,623
12 years$6,465$5,719$5,049$4,450$3,915$2,142
13 years$5,906$5,168$4,511$3,929$3,414$1,758
14 years$5,428$4,698$4,053$3,487$2,993$1,448
15 years$5,014$4,292$3,660$3,110$2,635$1,197
16 years$4,652$3,938$3,318$2,785$2,329$992
17 years$4,333$3,626$3,019$2,502$2,065$823
18 years$4,049$3,351$2,756$2,255$1,836$685
19 years$3,796$3,106$2,523$2,037$1,637$571
20 years$3,569$2,886$2,316$1,845$1,462$476
21 years$3,363$2,688$2,130$1,675$1,308$397
22 years$3,176$2,509$1,963$1,523$1,173$332
23 years$3,006$2,347$1,813$1,387$1,053$277
24 years$2,850$2,199$1,676$1,265$946$232
25 years$2,707$2,063$1,553$1,155$851$194
26 years$2,575$1,939$1,440$1,056$767$163
27 years$2,453$1,825$1,337$967$691$136
28 years$2,340$1,720$1,243$886$624$114
29 years$2,235$1,622$1,157$812$563$96
30 years$2,137$1,532$1,077$745$509$80
31 years$2,046$1,448$1,004$685$460$67
32 years$1,961$1,371$937$629$416$56
33 years$1,880$1,298$875$579$377$47
34 years$1,805$1,230$818$532$341$40
35 years$1,734$1,167$764$490$309$33
36 years$1,668$1,107$715$451$280$28
37 years$1,605$1,052$669$416$254$23
38 years$1,545$1,000$627$383$230$20
39 years$1,489$951$587$353$209$16
40 years$1,436$904$550$326$189$14
41 years$1,385$861$516$301$172$12
42 years$1,337$820$484$278$156$10
43 years$1,291$781$454$256$141$8
44 years$1,248$745$426$237$128$7
45 years$1,206$710$400$218$116$6
46 years$1,167$677$376$202$106$5
47 years$1,129$646$353$186$96$4
48 years$1,093$617$332$172$87$3
49 years$1,058$589$312$159$79$3
50 years$1,025$563$293$147$72$2

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 $5,784 every year, while hoping to spend $20,299 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: 56/31/13 Blend
34$1,050,000$1,050,000$1,050,000$1,050,000
35$1,163,066$1,107,416$1,091,141$1,224,015
36$1,260,101$1,140,082$1,106,096$1,298,642
37$1,366,353$1,173,667$1,120,872$1,377,171
38$1,482,741$1,208,197$1,135,442$1,462,237
39$1,610,276$1,243,695$1,149,775$1,554,466
40$1,750,074$1,280,185$1,163,842$1,654,552
41$1,903,361$1,317,693$1,177,610$1,763,254
42$2,071,488$1,356,245$1,191,044$1,881,411
43$2,255,945$1,395,866$1,204,109$2,009,946
44$2,458,372$1,436,584$1,216,767$2,149,874
45$2,680,574$1,478,424$1,228,977$2,302,312
46$2,924,541$1,521,416$1,240,696$2,468,493
47$3,192,465$1,565,586$1,251,880$2,649,772
48$3,486,760$1,610,964$1,262,482$2,847,642
49$3,810,087$1,657,578$1,272,452$3,063,747
50$4,165,374$1,705,458$1,281,738$3,299,898
51$4,555,851$1,754,634$1,290,285$3,558,089
52$4,985,073$1,805,136$1,298,035$3,840,517
53$5,456,958$1,856,995$1,304,926$4,149,603
54$5,975,823$1,910,243$1,310,896$4,488,011
55$6,546,423$1,964,911$1,315,878$4,858,677
56$7,173,997$2,021,031$1,319,799$5,264,837
57$7,864,320$2,078,636$1,322,587$5,710,053
58$8,623,750$2,137,759$1,324,163$6,198,250
59$9,459,296$2,198,433$1,324,446$6,733,754
60$10,378,680$2,260,691$1,323,351$7,321,329
61$11,390,408$2,324,568$1,320,786$7,966,225
62$12,503,856$2,390,098$1,316,658$8,674,224
63$13,729,351$2,457,315$1,310,868$9,451,698
64$15,078,275$2,526,254$1,303,313$10,305,670
65$16,563,168$2,596,949$1,293,883$11,243,874
66$18,197,848$2,669,436$1,282,464$12,274,834
67$19,997,540$2,743,750$1,268,938$13,407,941
68$21,979,021$2,819,926$1,253,180$14,653,543
69$24,160,778$2,897,999$1,235,058$16,023,044
70$26,563,181$2,978,005$1,214,436$17,529,006
71$29,208,676$3,059,978$1,191,171$19,185,275
72$32,121,997$3,143,953$1,165,111$21,007,105
73$35,330,399$3,229,965$1,136,101$23,011,306
74$38,863,915$3,318,048$1,103,975$25,216,401
75$42,755,639$3,408,237$1,068,563$27,642,801
76$47,042,038$3,500,564$1,029,683$30,312,999
77$51,763,297$3,595,063$987,149$33,251,778
78$56,963,698$3,691,767$940,764$36,486,451
79$62,692,038$3,790,705$890,321$40,047,112
80$69,002,086$3,891,910$835,608$43,966,927
81$75,953,096$3,995,412$776,398$48,282,441
82$83,610,363$4,101,237$712,458$53,033,927
83$92,045,837$4,209,415$643,543$58,265,763
84$101,338,807$4,319,971$569,396$64,026,855
85$111,576,646$4,432,930$489,751$70,371,093
86$122,855,634$4,548,314$404,328$77,357,865
87$135,281,871$4,666,144$312,835$85,052,615
88$148,972,276$4,786,439$214,969$93,527,461
89$164,055,689$4,909,215$110,412$102,861,877
90$180,674,090$5,034,487$0$113,143,440
91$198,983,936$5,162,267$0$124,468,824
92$219,157,641$5,292,561$0$136,960,576
93$241,385,201$5,425,377$0$150,720,614
94$265,875,986$5,560,715$0$165,878,148
95$292,860,720$5,698,573$0$182,575,561
96$322,593,657$5,838,947$0$200,969,754
97$355,354,979$5,981,824$0$221,233,631
98$391,453,444$6,127,191$0$243,557,728
99$431,229,299$6,275,027$0$268,152,009
100$475,057,491$6,425,307$0$295,247,855