Can I retire at age 35 with 1,070,000?

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 $1,070,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.7%
1 years$88,360$87,573$86,805$86,055$85,323$84,014
2 years$43,742$42,928$42,138$41,373$40,630$39,314
3 years$28,872$28,054$27,266$26,508$25,777$24,495
4 years$21,438$20,622$19,843$19,097$18,385$17,147
5 years$16,979$16,168$15,399$14,669$13,976$12,786
6 years$14,007$13,203$12,445$11,731$11,059$9,918
7 years$11,885$11,088$10,341$9,644$8,994$7,902
8 years$10,295$9,504$8,770$8,090$7,461$6,419
9 years$9,058$8,275$7,554$6,891$6,283$5,290
10 years$8,070$7,294$6,586$5,940$5,354$4,409
11 years$7,261$6,493$5,798$5,170$4,604$3,706
12 years$6,588$5,828$5,146$4,535$3,990$3,138
13 years$6,019$5,267$4,597$4,003$3,479$2,672
14 years$5,531$4,788$4,131$3,554$3,050$2,286
15 years$5,109$4,373$3,729$3,169$2,685$1,964
16 years$4,741$4,013$3,381$2,838$2,373$1,692
17 years$4,415$3,695$3,077$2,550$2,104$1,462
18 years$4,127$3,415$2,809$2,298$1,871$1,267
19 years$3,869$3,165$2,571$2,076$1,668$1,100
20 years$3,637$2,941$2,360$1,880$1,490$956
21 years$3,427$2,739$2,171$1,707$1,333$833
22 years$3,237$2,557$2,000$1,552$1,195$726
23 years$3,063$2,392$1,847$1,413$1,073$634
24 years$2,904$2,241$1,708$1,289$964$554
25 years$2,759$2,103$1,582$1,177$868$484
26 years$2,624$1,976$1,467$1,076$781$424
27 years$2,500$1,860$1,363$985$705$371
28 years$2,385$1,753$1,267$903$636$325
29 years$2,278$1,653$1,179$828$574$285
30 years$2,178$1,561$1,098$760$519$250
31 years$2,085$1,476$1,024$698$469$219
32 years$1,998$1,397$955$641$424$192
33 years$1,916$1,323$892$590$384$169
34 years$1,840$1,254$833$543$348$148
35 years$1,767$1,189$779$499$315$130
36 years$1,699$1,129$729$460$285$114
37 years$1,635$1,072$682$424$259$100
38 years$1,575$1,019$639$391$234$88
39 years$1,517$969$598$360$213$78
40 years$1,463$922$561$332$193$68
41 years$1,411$877$526$306$175$60
42 years$1,362$835$493$283$159$53
43 years$1,316$796$463$261$144$46
44 years$1,271$759$435$241$131$41
45 years$1,229$724$408$223$119$36
46 years$1,189$690$383$206$108$31
47 years$1,150$659$360$190$98$28
48 years$1,113$629$338$176$89$24
49 years$1,078$600$318$162$81$21
50 years$1,045$574$299$150$73$19

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $1,070,000, adding $3,808 every year, while hoping to spend $23,228 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: 69/23/8 Blend
34$1,070,000$1,070,000$1,070,000$1,070,000
35$1,183,068$1,126,358$1,109,773$1,262,762
36$1,279,026$1,156,835$1,122,236$1,346,526
37$1,383,994$1,188,027$1,134,338$1,434,934
38$1,498,866$1,219,944$1,146,042$1,531,016
39$1,624,626$1,252,597$1,157,310$1,635,521
40$1,762,359$1,285,996$1,168,102$1,749,273
41$1,913,260$1,320,150$1,178,373$1,873,178
42$2,078,643$1,355,068$1,188,079$2,008,237
43$2,259,958$1,390,760$1,197,173$2,155,547
44$2,458,799$1,427,233$1,205,605$2,316,321
45$2,676,925$1,464,495$1,213,320$2,491,892
46$2,916,270$1,502,555$1,220,266$2,683,729
47$3,178,967$1,541,417$1,226,382$2,893,450
48$3,467,364$1,581,089$1,231,608$3,122,837
49$3,784,048$1,621,575$1,235,880$3,373,854
50$4,131,869$1,662,880$1,239,130$3,648,662
51$4,513,966$1,705,008$1,241,287$3,949,645
52$4,933,797$1,747,959$1,242,276$4,279,425
53$5,395,172$1,791,737$1,242,020$4,640,894
54$5,902,288$1,836,341$1,240,436$5,037,237
55$6,459,769$1,881,770$1,237,439$5,471,962
56$7,072,711$1,928,021$1,232,938$5,948,936
57$7,746,724$1,975,091$1,226,839$6,472,417
58$8,487,994$2,022,975$1,219,042$7,047,098
59$9,303,333$2,071,664$1,209,444$7,678,149
60$10,200,248$2,121,151$1,197,935$8,371,267
61$11,187,010$2,171,423$1,184,402$9,132,730
62$12,272,731$2,222,469$1,168,725$9,969,452
63$13,467,451$2,274,272$1,150,780$10,889,056
64$14,782,235$2,326,815$1,130,434$11,899,938
65$16,229,271$2,380,077$1,107,552$13,011,350
66$17,821,992$2,434,036$1,081,990$14,233,489
67$19,575,196$2,488,664$1,053,597$15,577,590
68$21,505,190$2,543,934$1,022,218$17,056,031
69$23,629,944$2,599,811$987,686$18,682,455
70$25,969,256$2,656,259$949,832$20,471,893
71$28,544,943$2,713,239$908,474$22,440,911
72$31,381,046$2,770,706$863,426$24,607,761
73$34,504,053$2,828,611$814,491$26,992,559
74$37,943,154$2,886,901$761,465$29,617,469
75$41,730,514$2,945,517$704,132$32,506,917
76$45,901,575$3,004,396$642,269$35,687,819
77$50,495,392$3,063,468$575,641$39,189,836
78$55,555,002$3,122,658$504,006$43,045,655
79$61,127,829$3,181,885$427,106$47,291,294
80$67,266,130$3,241,059$344,676$51,966,446
81$74,027,490$3,300,086$256,438$57,114,852
82$81,475,365$3,358,862$162,100$62,784,713
83$89,679,682$3,417,276$61,360$69,029,149
84$98,717,495$3,475,207$0$75,906,696
85$108,673,715$3,532,528$0$83,485,798
86$119,641,910$3,589,098$0$91,839,450
87$131,725,192$3,644,771$0$101,040,773
88$145,037,182$3,699,385$0$111,176,127
89$159,703,089$3,752,770$0$122,340,677
90$175,860,891$3,804,742$0$134,639,292
91$193,662,633$3,855,106$0$148,187,539
92$213,275,867$3,903,651$0$163,112,769
93$234,885,229$3,950,154$0$179,555,323
94$258,694,186$3,994,375$0$197,669,855
95$284,926,953$4,036,059$0$217,626,790
96$313,830,609$4,074,933$0$239,613,940
97$345,677,433$4,110,707$0$263,838,267
98$380,767,471$4,143,071$0$290,527,847
99$419,431,367$4,171,695$0$319,934,015
100$462,033,487$4,196,229$0$352,333,744