Can I retire at age 35 with 1,060,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $1,060,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.1%
1 years$87,534$86,754$85,993$85,251$84,526$81,755
2 years$43,334$42,527$41,744$40,986$40,250$37,485
3 years$28,602$27,792$27,011$26,260$25,537$22,864
4 years$21,238$20,430$19,657$18,919$18,213$15,653
5 years$16,820$16,017$15,255$14,532$13,845$11,405
6 years$13,876$13,079$12,328$11,621$10,955$8,637
7 years$11,774$10,984$10,245$9,554$8,909$6,713
8 years$10,199$9,415$8,688$8,015$7,391$5,314
9 years$8,974$8,198$7,483$6,827$6,225$4,265
10 years$7,994$7,226$6,524$5,885$5,304$3,459
11 years$7,193$6,433$5,744$5,122$4,561$2,827
12 years$6,526$5,774$5,097$4,492$3,953$2,326
13 years$5,963$5,218$4,554$3,966$3,447$1,923
14 years$5,480$4,743$4,092$3,521$3,021$1,597
15 years$5,062$4,333$3,695$3,140$2,660$1,330
16 years$4,696$3,975$3,350$2,811$2,351$1,111
17 years$4,374$3,661$3,048$2,526$2,085$930
18 years$4,088$3,383$2,782$2,276$1,854$780
19 years$3,832$3,135$2,547$2,057$1,652$655
20 years$3,603$2,913$2,338$1,863$1,476$551
21 years$3,395$2,714$2,150$1,691$1,321$464
22 years$3,206$2,533$1,982$1,537$1,184$391
23 years$3,035$2,369$1,830$1,400$1,063$330
24 years$2,877$2,220$1,692$1,277$955$278
25 years$2,733$2,083$1,567$1,166$859$235
26 years$2,600$1,958$1,454$1,066$774$198
27 years$2,477$1,843$1,350$976$698$168
28 years$2,363$1,736$1,255$894$630$142
29 years$2,256$1,638$1,168$820$569$120
30 years$2,158$1,547$1,088$753$514$101
31 years$2,065$1,462$1,014$691$465$86
32 years$1,979$1,384$946$635$420$72
33 years$1,898$1,310$883$584$380$61
34 years$1,822$1,242$825$537$344$52
35 years$1,751$1,178$772$495$312$44
36 years$1,684$1,118$722$456$283$37
37 years$1,620$1,062$676$420$256$31
38 years$1,560$1,009$633$387$232$27
39 years$1,503$960$593$357$211$23
40 years$1,449$913$556$329$191$19
41 years$1,398$869$521$304$173$16
42 years$1,350$828$489$280$157$14
43 years$1,303$789$459$259$143$12
44 years$1,259$752$430$239$130$10
45 years$1,218$717$404$221$118$8
46 years$1,178$684$380$204$107$7
47 years$1,140$653$357$188$97$6
48 years$1,103$623$335$174$88$5
49 years$1,068$595$315$161$80$4
50 years$1,035$568$296$149$73$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $1,060,000, adding $5,268 every year, while hoping to spend $48,106 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: 80/13/7 Blend
34$1,060,000$1,060,000$1,060,000$1,060,000
35$1,173,554$1,117,374$1,100,944$1,266,138
36$1,242,072$1,120,941$1,086,641$1,331,109
37$1,315,967$1,123,070$1,070,247$1,395,505
38$1,395,735$1,123,641$1,051,640$1,464,711
39$1,481,925$1,122,524$1,030,695$1,539,183
40$1,575,137$1,119,583$1,007,278$1,619,423
41$1,676,031$1,114,672$981,252$1,705,983
42$1,785,333$1,107,638$952,471$1,799,473
43$1,903,842$1,098,318$920,784$1,900,562
44$2,032,436$1,086,537$886,032$2,009,991
45$2,172,080$1,072,113$848,050$2,128,573
46$2,323,836$1,054,851$806,664$2,257,205
47$2,488,872$1,034,544$761,692$2,396,878
48$2,668,475$1,010,974$712,947$2,548,679
49$2,864,058$983,910$660,229$2,713,812
50$3,077,177$953,107$603,332$2,893,599
51$3,309,546$918,306$542,040$3,089,500
52$3,563,049$879,232$476,128$3,303,123
53$3,839,761$835,596$405,359$3,536,241
54$4,141,966$787,089$329,488$3,790,808
55$4,472,178$733,388$248,257$4,068,977
56$4,833,165$674,149$161,399$4,373,124
57$5,227,975$609,010$68,633$4,705,865
58$5,659,963$537,586$0$5,070,085
59$6,132,824$459,472$0$5,471,233
60$6,650,627$374,241$0$5,916,164
61$7,217,851$281,439$0$6,403,634
62$7,839,431$180,589$0$6,937,930
63$8,520,802$71,186$0$7,523,772
64$9,267,947$0$0$8,166,363
65$10,087,459$0$0$8,878,207
66$10,986,598$0$0$9,670,418
67$11,973,360$0$0$10,539,864
68$13,056,556$0$0$11,494,310
69$14,245,888$0$0$12,542,310
70$15,552,045$0$0$13,693,287
71$16,986,802$0$0$14,957,621
72$18,563,130$0$0$16,346,746
73$20,295,319$0$0$17,873,261
74$22,199,113$0$0$19,551,044
75$24,291,854$0$0$21,395,384
76$26,592,650$0$0$23,423,126
77$29,122,552$0$0$25,652,828
78$31,904,755$0$0$28,104,937
79$34,964,810$0$0$30,801,980
80$38,330,873$0$0$33,768,777
81$42,033,964$0$0$37,032,674
82$46,108,260$0$0$40,623,803
83$50,591,420$0$0$44,575,362
84$55,524,935$0$0$48,923,929
85$60,954,525$0$0$53,709,809
86$66,930,563$0$0$58,977,412
87$73,508,556$0$0$64,775,670
88$80,749,662$0$0$71,158,501
89$88,721,273$0$0$78,185,316
90$97,497,646$0$0$85,921,578
91$107,160,603$0$0$94,439,422
92$117,800,305$0$0$103,818,332
93$129,516,100$0$0$114,145,893
94$142,417,461$0$0$125,518,615
95$156,625,018$0$0$138,042,844
96$172,271,698$0$0$151,835,767
97$189,503,973$0$0$167,026,513
98$208,483,247$0$0$183,757,375
99$229,387,379$0$0$202,185,152
100$252,412,355$0$0$222,482,624