Can I retire at age 35 with 1,080,000?

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 $1,080,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.3%
1 years$89,185$88,391$87,616$86,859$86,121$83,565
2 years$44,151$43,329$42,532$41,759$41,010$38,456
3 years$29,142$28,316$27,521$26,756$26,018$23,546
4 years$21,638$20,815$20,028$19,276$18,557$16,186
5 years$17,138$16,319$15,543$14,806$14,106$11,843
6 years$14,138$13,326$12,561$11,840$11,162$9,008
7 years$11,997$11,191$10,438$9,735$9,078$7,033
8 years$10,391$9,593$8,852$8,166$7,531$5,594
9 years$9,143$8,352$7,625$6,956$6,342$4,512
10 years$8,145$7,362$6,647$5,996$5,404$3,677
11 years$7,329$6,554$5,852$5,218$4,647$3,021
12 years$6,650$5,883$5,194$4,577$4,027$2,499
13 years$6,075$5,316$4,640$4,041$3,512$2,077
14 years$5,583$4,832$4,169$3,587$3,078$1,734
15 years$5,157$4,414$3,764$3,199$2,711$1,453
16 years$4,785$4,050$3,413$2,864$2,396$1,220
17 years$4,457$3,730$3,106$2,574$2,124$1,028
18 years$4,165$3,447$2,835$2,319$1,889$867
19 years$3,905$3,194$2,595$2,096$1,683$733
20 years$3,671$2,968$2,382$1,898$1,504$620
21 years$3,459$2,765$2,191$1,723$1,346$525
22 years$3,267$2,581$2,019$1,566$1,206$445
23 years$3,092$2,414$1,864$1,426$1,083$378
24 years$2,932$2,262$1,724$1,301$973$321
25 years$2,784$2,122$1,597$1,188$876$273
26 years$2,649$1,995$1,481$1,086$789$232
27 years$2,523$1,877$1,375$994$711$197
28 years$2,407$1,769$1,279$911$642$168
29 years$2,299$1,669$1,190$835$579$143
30 years$2,198$1,576$1,108$767$524$122
31 years$2,104$1,490$1,033$704$473$103
32 years$2,017$1,410$964$647$428$88
33 years$1,934$1,335$900$595$387$75
34 years$1,857$1,265$841$548$351$64
35 years$1,784$1,200$786$504$318$54
36 years$1,715$1,139$736$464$288$46
37 years$1,651$1,082$688$428$261$40
38 years$1,589$1,028$645$394$237$34
39 years$1,531$978$604$364$215$29
40 years$1,477$930$566$335$195$24
41 years$1,424$885$531$309$177$21
42 years$1,375$843$498$285$160$18
43 years$1,328$803$467$264$145$15
44 years$1,283$766$439$243$132$13
45 years$1,241$730$412$225$120$11
46 years$1,200$697$387$208$109$9
47 years$1,161$665$363$192$99$8
48 years$1,124$635$341$177$90$7
49 years$1,088$606$321$164$81$6
50 years$1,054$579$302$151$74$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $1,080,000, adding $3,331 every year, while hoping to spend $35,300 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: 66/10/24 Blend
34$1,080,000$1,080,000$1,080,000$1,080,000
35$1,193,596$1,136,356$1,119,616$1,264,764
36$1,277,784$1,154,478$1,119,564$1,331,174
37$1,369,376$1,172,306$1,118,327$1,399,449
38$1,469,090$1,189,786$1,115,829$1,473,284
39$1,577,716$1,206,865$1,111,988$1,553,230
40$1,696,123$1,223,481$1,106,720$1,639,891
41$1,825,268$1,239,573$1,099,936$1,733,934
42$1,966,205$1,255,071$1,091,543$1,836,095
43$2,120,092$1,269,904$1,081,444$1,947,185
44$2,288,206$1,283,994$1,069,537$2,068,100
45$2,471,951$1,297,258$1,055,715$2,199,826
46$2,672,874$1,309,607$1,039,865$2,343,451
47$2,892,678$1,320,949$1,021,871$2,500,175
48$3,133,238$1,331,182$1,001,611$2,671,321
49$3,396,618$1,340,200$978,955$2,858,346
50$3,685,092$1,347,889$953,769$3,062,861
51$4,001,165$1,354,129$925,913$3,286,639
52$4,347,593$1,358,790$895,240$3,531,635
53$4,727,413$1,361,737$861,597$3,800,006
54$5,143,971$1,362,823$824,822$4,094,130
55$5,600,950$1,361,895$784,747$4,416,628
56$6,102,407$1,358,789$741,197$4,770,392
57$6,652,814$1,353,331$693,988$5,158,608
58$7,257,093$1,345,336$642,929$5,584,791
59$7,920,668$1,334,609$587,818$6,052,815
60$8,649,513$1,320,941$528,447$6,566,952
61$9,450,209$1,304,113$464,596$7,131,911
62$10,330,008$1,283,892$396,037$7,752,886
63$11,296,896$1,260,031$322,532$8,435,601
64$12,359,673$1,232,266$243,831$9,186,366
65$13,528,035$1,200,322$159,674$10,012,140
66$14,812,661$1,163,904$69,789$10,920,592
67$16,225,319$1,122,702$0$11,920,179
68$17,778,973$1,076,386$0$13,026,915
69$19,487,909$1,024,610$0$14,263,891
70$21,367,864$967,004$0$15,624,625
71$23,436,178$903,179$0$17,121,686
72$25,711,957$832,723$0$18,768,927
73$28,216,252$755,202$0$20,581,613
74$30,972,258$670,155$0$22,576,564
75$34,005,532$577,097$0$24,772,318
76$37,344,234$475,512$0$27,189,301
77$41,019,393$364,860$0$29,850,024
78$45,065,199$244,565$0$32,779,293
79$49,519,324$114,024$0$36,004,443
80$54,423,281$0$0$39,555,600
81$59,822,811$0$0$43,468,976
82$65,768,315$0$0$47,791,958
83$72,315,334$0$0$52,552,392
84$79,525,067$0$0$57,794,789
85$87,464,949$0$0$63,568,195
86$96,209,292$0$0$69,926,655
87$105,839,979$0$0$76,929,726
88$116,447,243$0$0$84,643,032
89$128,130,513$0$0$93,138,889
90$140,999,354$0$0$102,496,986
91$155,174,502$0$0$112,805,133
92$170,789,002$0$0$124,160,094
93$187,989,461$0$0$136,668,500
94$206,937,437$0$0$150,447,852
95$227,810,958$0$0$165,627,632
96$250,806,203$0$0$182,350,523
97$276,139,357$0$0$200,773,759
98$304,048,647$0$0$221,070,604
99$334,796,592$0$0$243,431,992
100$368,672,478$0$0$268,068,325