Can I retire at age 35 with 1,200,000?

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 $1,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.3%
1 years$99,095$98,212$97,351$96,510$95,690$92,111
2 years$49,057$48,143$47,258$46,399$45,567$42,002
3 years$32,380$31,462$30,579$29,728$28,909$25,472
4 years$24,043$23,128$22,254$21,418$20,618$17,333
5 years$19,042$18,133$17,270$16,451$15,674$12,550
6 years$15,709$14,807$13,956$13,156$12,402$9,441
7 years$13,329$12,435$11,598$10,816$10,086$7,288
8 years$11,546$10,659$9,836$9,073$8,367$5,729
9 years$10,159$9,280$8,472$7,729$7,047$4,564
10 years$9,050$8,180$7,386$6,662$6,004$3,673
11 years$8,143$7,282$6,502$5,798$5,164$2,979
12 years$7,388$6,536$5,771$5,086$4,475$2,431
13 years$6,750$5,907$5,156$4,490$3,902$1,994
14 years$6,204$5,369$4,632$3,986$3,421$1,642
15 years$5,730$4,905$4,182$3,554$3,012$1,356
16 years$5,316$4,500$3,792$3,183$2,662$1,123
17 years$4,952$4,144$3,451$2,860$2,360$931
18 years$4,628$3,830$3,150$2,577$2,098$774
19 years$4,339$3,549$2,884$2,329$1,870$644
20 years$4,078$3,298$2,646$2,109$1,671$537
21 years$3,843$3,072$2,434$1,914$1,495$448
22 years$3,630$2,868$2,244$1,740$1,340$374
23 years$3,435$2,682$2,071$1,585$1,203$312
24 years$3,257$2,513$1,916$1,446$1,081$261
25 years$3,094$2,358$1,774$1,320$973$218
26 years$2,943$2,216$1,646$1,207$876$183
27 years$2,804$2,086$1,528$1,105$790$153
28 years$2,675$1,966$1,421$1,012$713$128
29 years$2,555$1,854$1,322$928$644$107
30 years$2,443$1,751$1,231$852$582$90
31 years$2,338$1,655$1,148$782$526$75
32 years$2,241$1,566$1,071$719$476$63
33 years$2,149$1,483$1,000$661$431$53
34 years$2,063$1,406$934$608$390$44
35 years$1,982$1,333$874$560$353$37
36 years$1,906$1,266$817$516$320$31
37 years$1,834$1,202$765$475$290$26
38 years$1,766$1,142$716$438$263$22
39 years$1,702$1,086$671$404$238$18
40 years$1,641$1,034$629$373$216$15
41 years$1,583$984$590$344$196$13
42 years$1,528$937$553$317$178$11
43 years$1,476$893$519$293$162$9
44 years$1,426$851$487$270$147$8
45 years$1,378$811$458$250$133$6
46 years$1,333$774$430$231$121$5
47 years$1,290$739$404$213$110$4
48 years$1,249$705$379$197$100$4
49 years$1,209$673$357$182$91$3
50 years$1,172$643$335$168$82$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $1,200,000, adding $5,140 every year, while hoping to spend $37,795 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: 82/10/8 Blend
34$1,200,000$1,200,000$1,200,000$1,200,000
35$1,327,702$1,264,102$1,245,502$1,434,863
36$1,422,914$1,285,829$1,247,013$1,527,457
37$1,526,571$1,307,355$1,247,307$1,623,523
38$1,639,494$1,328,628$1,246,305$1,727,833
39$1,762,588$1,349,596$1,243,922$1,841,191
40$1,896,847$1,370,201$1,240,068$1,964,482
41$2,043,366$1,390,382$1,234,651$2,098,683
42$2,203,351$1,410,073$1,227,574$2,244,867
43$2,378,129$1,429,202$1,218,734$2,404,218
44$2,569,160$1,447,695$1,208,023$2,578,040
45$2,778,053$1,465,471$1,195,331$2,767,767
46$3,006,579$1,482,443$1,180,538$2,974,982
47$3,256,687$1,498,520$1,163,523$3,201,427
48$3,530,524$1,513,602$1,144,156$3,449,020
49$3,830,454$1,527,586$1,122,302$3,719,877
50$4,159,082$1,540,359$1,097,821$4,016,327
51$4,519,274$1,551,802$1,070,564$4,340,936
52$4,914,189$1,561,789$1,040,377$4,696,533
53$5,347,304$1,570,185$1,007,097$5,086,232
54$5,822,452$1,576,846$970,557$5,513,468
55$6,343,850$1,581,620$930,579$5,982,021
56$6,916,147$1,584,344$886,978$6,496,062
57$7,544,464$1,584,847$839,562$7,060,181
58$8,234,439$1,582,944$788,127$7,679,439
59$8,992,285$1,578,442$732,463$8,359,413
60$9,824,847$1,571,134$672,349$9,106,248
61$10,739,663$1,560,802$607,554$9,926,715
62$11,745,041$1,547,212$537,839$10,828,276
63$12,850,129$1,530,120$462,951$11,819,152
64$14,065,010$1,509,264$382,628$12,908,405
65$15,400,790$1,484,367$296,595$14,106,020
66$16,869,706$1,455,136$204,566$15,423,000
67$18,485,240$1,421,261$106,242$16,871,471
68$20,262,244$1,382,414$1,312$18,464,795
69$22,217,086$1,338,245$0$20,217,697
70$24,367,797$1,288,387$0$22,155,854
71$26,734,244$1,232,449$0$24,288,433
72$29,338,318$1,170,021$0$26,635,062
73$32,204,139$1,100,664$0$29,217,489
74$35,358,282$1,023,918$0$32,059,683
75$38,830,033$939,295$0$35,188,054
76$42,651,655$846,280$0$38,631,704
77$46,858,703$744,327$0$42,422,704
78$51,490,353$632,861$0$46,596,393
79$56,589,771$511,273$0$51,191,716
80$62,204,522$378,920$0$56,251,587
81$68,387,020$235,124$0$61,823,298
82$75,195,018$79,167$0$67,958,961
83$82,692,156$0$0$74,716,005
84$90,948,561$0$0$82,167,587
85$100,041,506$0$0$90,383,795
86$110,056,141$0$0$99,432,862
87$121,086,297$0$0$109,399,576
88$133,235,368$0$0$120,377,369
89$146,617,290$0$0$132,469,197
90$161,357,613$0$0$145,788,511
91$177,594,688$0$0$160,460,330
92$195,480,971$0$0$176,622,418
93$215,184,460$0$0$194,426,586
94$236,890,285$0$0$214,040,123
95$260,802,450$0$0$235,647,374
96$287,145,761$0$0$259,451,483
97$316,167,945$0$0$285,676,304
98$348,141,992$0$0$314,568,522
99$383,368,726$0$0$346,399,973
100$422,179,649$0$0$381,470,214