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

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 $1,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.6%
1 years$99,095$98,212$97,351$96,510$95,690$92,738
2 years$49,057$48,143$47,258$46,399$45,567$42,619
3 years$32,380$31,462$30,579$29,728$28,909$26,057
4 years$24,043$23,128$22,254$21,418$20,618$17,885
5 years$19,042$18,133$17,270$16,451$15,674$13,065
6 years$15,709$14,807$13,956$13,156$12,402$9,921
7 years$13,329$12,435$11,598$10,816$10,086$7,733
8 years$11,546$10,659$9,836$9,073$8,367$6,140
9 years$10,159$9,280$8,472$7,729$7,047$4,943
10 years$9,050$8,180$7,386$6,662$6,004$4,021
11 years$8,143$7,282$6,502$5,798$5,164$3,298
12 years$7,388$6,536$5,771$5,086$4,475$2,722
13 years$6,750$5,907$5,156$4,490$3,902$2,258
14 years$6,204$5,369$4,632$3,986$3,421$1,881
15 years$5,730$4,905$4,182$3,554$3,012$1,573
16 years$5,316$4,500$3,792$3,183$2,662$1,318
17 years$4,952$4,144$3,451$2,860$2,360$1,108
18 years$4,628$3,830$3,150$2,577$2,098$932
19 years$4,339$3,549$2,884$2,329$1,870$786
20 years$4,078$3,298$2,646$2,109$1,671$664
21 years$3,843$3,072$2,434$1,914$1,495$561
22 years$3,630$2,868$2,244$1,740$1,340$475
23 years$3,435$2,682$2,071$1,585$1,203$402
24 years$3,257$2,513$1,916$1,446$1,081$340
25 years$3,094$2,358$1,774$1,320$973$289
26 years$2,943$2,216$1,646$1,207$876$245
27 years$2,804$2,086$1,528$1,105$790$208
28 years$2,675$1,966$1,421$1,012$713$176
29 years$2,555$1,854$1,322$928$644$150
30 years$2,443$1,751$1,231$852$582$127
31 years$2,338$1,655$1,148$782$526$108
32 years$2,241$1,566$1,071$719$476$92
33 years$2,149$1,483$1,000$661$431$78
34 years$2,063$1,406$934$608$390$66
35 years$1,982$1,333$874$560$353$56
36 years$1,906$1,266$817$516$320$48
37 years$1,834$1,202$765$475$290$41
38 years$1,766$1,142$716$438$263$35
39 years$1,702$1,086$671$404$238$29
40 years$1,641$1,034$629$373$216$25
41 years$1,583$984$590$344$196$21
42 years$1,528$937$553$317$178$18
43 years$1,476$893$519$293$162$15
44 years$1,426$851$487$270$147$13
45 years$1,378$811$458$250$133$11
46 years$1,333$774$430$231$121$9
47 years$1,290$739$404$213$110$8
48 years$1,249$705$379$197$100$7
49 years$1,209$673$357$182$91$6
50 years$1,172$643$335$168$82$5

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 $3,963 every year, while hoping to spend $33,055 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: 32/46/22 Blend
34$1,200,000$1,200,000$1,200,000$1,200,000
35$1,326,488$1,262,888$1,244,288$1,359,825
36$1,426,619$1,289,599$1,250,801$1,411,961
37$1,535,856$1,316,511$1,256,425$1,464,816
38$1,655,093$1,343,599$1,261,094$1,521,068
39$1,785,313$1,370,836$1,264,741$1,581,035
40$1,927,599$1,398,192$1,267,295$1,645,067
41$2,083,144$1,425,633$1,268,679$1,713,554
42$2,253,262$1,453,126$1,268,817$1,786,922
43$2,439,397$1,480,631$1,267,624$1,865,646
44$2,643,141$1,508,108$1,265,015$1,950,245
45$2,866,247$1,535,511$1,260,899$2,041,297
46$3,110,645$1,562,792$1,255,180$2,139,438
47$3,378,462$1,589,900$1,247,759$2,245,368
48$3,672,037$1,616,777$1,238,532$2,359,863
49$3,993,949$1,643,364$1,227,387$2,483,778
50$4,347,039$1,669,595$1,214,212$2,618,058
51$4,734,434$1,695,402$1,198,884$2,763,743
52$5,159,579$1,720,710$1,181,279$2,921,986
53$5,626,268$1,745,437$1,161,265$3,094,055
54$6,138,684$1,769,499$1,138,703$3,281,351
55$6,701,429$1,792,805$1,113,450$3,485,423
56$7,319,578$1,815,255$1,085,353$3,707,976
57$7,998,717$1,836,745$1,054,255$3,950,896
58$8,745,004$1,857,163$1,019,990$4,216,261
59$9,565,220$1,876,390$982,386$4,506,367
60$10,466,838$1,894,298$941,261$4,823,745
61$11,458,088$1,910,751$896,426$5,171,191
62$12,548,040$1,925,606$847,683$5,551,788
63$13,746,686$1,938,706$794,827$5,968,937
64$15,065,035$1,949,889$737,640$6,426,393
65$16,515,215$1,958,980$675,897$6,928,298
66$18,110,590$1,965,793$609,363$7,479,221
67$19,865,884$1,970,131$537,790$8,084,203
68$21,797,321$1,971,784$460,923$8,748,807
69$23,922,775$1,970,529$378,491$9,479,166
70$26,261,942$1,966,129$290,215$10,282,048
71$28,836,525$1,958,334$195,802$11,164,920
72$31,670,435$1,946,877$94,945$12,136,015
73$34,790,020$1,931,475$0$13,204,415
74$38,224,312$1,911,827$0$14,383,117
75$42,005,303$1,887,617$0$15,704,170
76$46,168,240$1,858,507$0$17,157,530
77$50,751,967$1,824,140$0$18,756,720
78$55,799,283$1,784,138$0$20,516,652
79$61,357,349$1,738,101$0$22,453,762
80$67,478,135$1,685,603$0$24,586,171
81$74,218,903$1,626,197$0$26,933,855
82$81,642,758$1,559,407$0$29,518,836
83$89,819,231$1,484,730$0$32,365,393
84$98,824,946$1,401,634$0$35,500,287
85$108,744,334$1,309,558$0$38,953,020
86$119,670,436$1,207,906$0$42,756,115
87$131,705,777$1,096,050$0$46,945,422
88$144,963,334$973,325$0$51,560,459
89$159,567,606$839,029$0$56,644,790
90$175,655,780$692,420$0$62,246,434
91$193,379,035$532,714$0$68,418,324
92$212,903,962$359,083$0$75,218,805
93$234,414,140$170,652$0$82,712,192
94$258,111,867$0$0$90,969,376
95$284,220,067$0$0$100,085,457
96$312,984,399$0$0$110,224,441
97$344,675,570$0$0$121,395,404
98$379,591,893$0$0$133,703,540
99$418,062,103$0$0$147,264,769
100$460,448,457$0$0$162,206,833