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%17.7%
1 years$99,095$98,212$97,351$96,510$95,690$92,701
2 years$49,057$48,143$47,258$46,399$45,567$42,582
3 years$32,380$31,462$30,579$29,728$28,909$26,023
4 years$24,043$23,128$22,254$21,418$20,618$17,852
5 years$19,042$18,133$17,270$16,451$15,674$13,034
6 years$15,709$14,807$13,956$13,156$12,402$9,892
7 years$13,329$12,435$11,598$10,816$10,086$7,706
8 years$11,546$10,659$9,836$9,073$8,367$6,115
9 years$10,159$9,280$8,472$7,729$7,047$4,920
10 years$9,050$8,180$7,386$6,662$6,004$4,000
11 years$8,143$7,282$6,502$5,798$5,164$3,278
12 years$7,388$6,536$5,771$5,086$4,475$2,704
13 years$6,750$5,907$5,156$4,490$3,902$2,242
14 years$6,204$5,369$4,632$3,986$3,421$1,866
15 years$5,730$4,905$4,182$3,554$3,012$1,559
16 years$5,316$4,500$3,792$3,183$2,662$1,306
17 years$4,952$4,144$3,451$2,860$2,360$1,096
18 years$4,628$3,830$3,150$2,577$2,098$922
19 years$4,339$3,549$2,884$2,329$1,870$777
20 years$4,078$3,298$2,646$2,109$1,671$655
21 years$3,843$3,072$2,434$1,914$1,495$554
22 years$3,630$2,868$2,244$1,740$1,340$468
23 years$3,435$2,682$2,071$1,585$1,203$396
24 years$3,257$2,513$1,916$1,446$1,081$335
25 years$3,094$2,358$1,774$1,320$973$284
26 years$2,943$2,216$1,646$1,207$876$241
27 years$2,804$2,086$1,528$1,105$790$204
28 years$2,675$1,966$1,421$1,012$713$173
29 years$2,555$1,854$1,322$928$644$147
30 years$2,443$1,751$1,231$852$582$124
31 years$2,338$1,655$1,148$782$526$106
32 years$2,241$1,566$1,071$719$476$90
33 years$2,149$1,483$1,000$661$431$76
34 years$2,063$1,406$934$608$390$65
35 years$1,982$1,333$874$560$353$55
36 years$1,906$1,266$817$516$320$47
37 years$1,834$1,202$765$475$290$40
38 years$1,766$1,142$716$438$263$34
39 years$1,702$1,086$671$404$238$29
40 years$1,641$1,034$629$373$216$24
41 years$1,583$984$590$344$196$21
42 years$1,528$937$553$317$178$17
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 $4,148 every year, while hoping to spend $57,783 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: 55/40/5 Blend
34$1,200,000$1,200,000$1,200,000$1,200,000
35$1,326,679$1,263,079$1,244,479$1,398,065
36$1,400,519$1,263,489$1,224,688$1,447,057
37$1,479,955$1,261,983$1,202,298$1,493,564
38$1,565,495$1,258,405$1,177,160$1,542,765
39$1,657,700$1,252,591$1,149,119$1,594,921
40$1,757,185$1,244,367$1,118,014$1,650,325
41$1,864,624$1,233,548$1,083,674$1,709,299
42$1,980,761$1,219,936$1,045,922$1,772,203
43$2,106,411$1,203,326$1,004,573$1,839,433
44$2,242,471$1,183,495$959,432$1,911,431
45$2,389,927$1,160,210$910,297$1,988,687
46$2,549,864$1,133,224$856,956$2,071,743
47$2,723,473$1,102,275$799,187$2,161,201
48$2,912,066$1,067,086$736,759$2,257,726
49$3,117,086$1,027,362$669,429$2,362,059
50$3,340,120$982,794$596,946$2,475,018
51$3,582,913$933,052$519,045$2,597,509
52$3,847,388$877,789$435,451$2,730,538
53$4,135,658$816,638$345,875$2,875,216
54$4,450,050$749,208$250,017$3,032,776
55$4,793,126$675,090$147,563$3,204,583
56$5,167,705$593,849$38,187$3,392,144
57$5,576,890$505,027$0$3,597,132
58$6,024,096$408,137$0$3,825,585
59$6,513,087$302,668$0$4,077,806
60$7,048,002$188,080$0$4,354,038
61$7,633,402$63,799$0$4,656,806
62$8,274,308$0$0$4,988,899
63$8,976,248$0$0$5,384,555
64$9,745,312$0$0$5,848,922
65$10,588,205$0$0$6,357,982
66$11,512,313$0$0$6,916,208
67$12,525,769$0$0$7,528,530
68$13,637,533$0$0$8,200,375
69$14,857,472$0$0$8,937,722
70$16,196,456$0$0$9,747,157
71$17,666,456$0$0$10,635,934
72$19,280,663$0$0$11,612,046
73$21,053,603$0$0$12,684,296
74$23,001,283$0$0$13,862,381
75$25,141,333$0$0$15,156,986
76$27,493,176$0$0$16,579,881
77$30,078,211$0$0$18,144,033
78$32,920,012$0$0$19,863,729
79$36,044,553$0$0$21,754,707
80$39,480,448$0$0$23,834,308
81$43,259,224$0$0$26,121,638
82$47,415,616$0$0$28,637,747
83$51,987,894$0$0$31,405,828
84$57,018,225$0$0$34,451,434
85$62,553,068$0$0$37,802,722
86$68,643,613$0$0$41,490,715
87$75,346,263$0$0$45,549,594
88$82,723,164$0$0$50,017,024
89$90,842,795$0$0$54,934,505
90$99,780,606$0$0$60,347,766
91$109,619,737$0$0$66,307,192
92$120,451,798$0$0$72,868,303
93$132,377,730$0$0$80,092,279
94$145,508,763$0$0$88,046,529
95$159,967,458$0$0$96,805,335
96$175,888,870$0$0$106,450,548
97$193,421,815$0$0$117,072,362
98$212,730,278$0$0$128,770,162
99$233,994,955$0$0$141,653,465
100$257,414,965$0$0$155,842,950