Can I retire at age 35 with 1,210,000?

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 $1,210,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.4%
1 years$99,921$99,031$98,162$97,315$96,487$95,519
2 years$49,466$48,544$47,652$46,786$45,946$44,971
3 years$32,650$31,724$30,834$29,976$29,150$28,199
4 years$24,243$23,321$22,439$21,596$20,790$19,869
5 years$19,201$18,284$17,414$16,588$15,804$14,917
6 years$15,840$14,930$14,073$13,265$12,505$11,652
7 years$13,441$12,538$11,695$10,906$10,170$9,352
8 years$11,642$10,748$9,918$9,149$8,437$7,653
9 years$10,243$9,358$8,542$7,793$7,105$6,356
10 years$9,125$8,248$7,447$6,718$6,054$5,339
11 years$8,211$7,343$6,557$5,846$5,207$4,525
12 years$7,450$6,591$5,819$5,128$4,512$3,863
13 years$6,806$5,956$5,199$4,527$3,935$3,317
14 years$6,255$5,414$4,671$4,019$3,449$2,863
15 years$5,778$4,946$4,217$3,584$3,037$2,481
16 years$5,361$4,538$3,824$3,209$2,684$2,157
17 years$4,993$4,179$3,479$2,883$2,380$1,882
18 years$4,667$3,862$3,176$2,599$2,116$1,645
19 years$4,375$3,579$2,908$2,348$1,886$1,442
20 years$4,112$3,326$2,668$2,127$1,685$1,266
21 years$3,875$3,098$2,455$1,930$1,508$1,113
22 years$3,660$2,892$2,262$1,755$1,351$980
23 years$3,464$2,704$2,089$1,598$1,213$864
24 years$3,285$2,534$1,932$1,458$1,090$762
25 years$3,120$2,378$1,789$1,331$981$674
26 years$2,968$2,235$1,659$1,217$884$596
27 years$2,827$2,103$1,541$1,114$797$527
28 years$2,697$1,982$1,432$1,021$719$466
29 years$2,576$1,870$1,333$936$649$413
30 years$2,463$1,766$1,242$859$587$366
31 years$2,358$1,669$1,158$789$530$325
32 years$2,259$1,579$1,080$725$480$288
33 years$2,167$1,496$1,008$667$434$256
34 years$2,080$1,418$942$613$393$227
35 years$1,999$1,345$881$565$356$201
36 years$1,922$1,276$824$520$323$179
37 years$1,849$1,212$771$479$292$159
38 years$1,781$1,152$722$442$265$141
39 years$1,716$1,095$677$407$240$125
40 years$1,654$1,042$634$376$218$111
41 years$1,596$992$595$347$198$99
42 years$1,541$945$558$320$179$88
43 years$1,488$900$524$295$163$78
44 years$1,438$858$491$273$148$70
45 years$1,390$818$461$252$134$62
46 years$1,344$781$433$233$122$55
47 years$1,301$745$407$215$111$49
48 years$1,259$711$383$199$100$43
49 years$1,219$679$360$183$91$39
50 years$1,181$649$338$170$83$34

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $1,210,000, adding $5,156 every year, while hoping to spend $45,834 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: 54/20/26 Blend
34$1,210,000$1,210,000$1,210,000$1,210,000
35$1,338,738$1,274,608$1,255,853$1,401,138
36$1,426,523$1,288,297$1,249,157$1,458,430
37$1,521,725$1,301,121$1,240,701$1,515,614
38$1,625,053$1,312,988$1,230,377$1,576,934
39$1,737,286$1,323,802$1,218,072$1,642,805
40$1,859,281$1,333,460$1,203,670$1,713,682
41$1,991,981$1,341,852$1,187,045$1,790,070
42$2,136,422$1,348,862$1,168,070$1,872,528
43$2,293,745$1,354,365$1,146,609$1,961,672
44$2,465,207$1,358,229$1,122,521$2,058,184
45$2,652,190$1,360,313$1,095,656$2,162,817
46$2,856,214$1,360,469$1,065,861$2,276,403
47$3,078,953$1,358,538$1,032,973$2,399,863
48$3,322,252$1,354,351$996,823$2,534,212
49$3,588,137$1,347,731$957,233$2,680,572
50$3,878,845$1,338,487$914,017$2,840,183
51$4,196,833$1,326,419$866,983$3,014,415
52$4,544,809$1,311,313$815,926$3,204,781
53$4,925,756$1,292,944$760,637$3,412,950
54$5,342,958$1,271,072$700,892$3,640,767
55$5,800,029$1,245,444$636,461$3,890,268
56$6,300,952$1,215,791$567,103$4,163,702
57$6,850,112$1,181,828$492,564$4,463,553
58$7,452,341$1,143,255$412,582$4,792,559
59$8,112,958$1,099,753$326,882$5,153,748
60$8,837,823$1,050,984$235,176$5,550,457
61$9,633,390$996,591$137,164$5,986,373
62$10,506,770$936,198$32,533$6,465,563
63$11,465,794$869,405$0$6,992,517
64$12,519,089$795,790$0$7,594,141
65$13,676,160$714,908$0$8,265,007
66$14,947,476$626,286$0$9,002,212
67$16,344,571$529,426$0$9,812,514
68$17,880,152$423,802$0$10,703,363
69$19,568,217$308,859$0$11,682,974
70$21,424,191$184,009$0$12,760,399
71$23,465,064$48,631$0$13,945,619
72$25,709,558$0$0$15,249,637
73$28,178,299$0$0$16,706,133
74$30,894,012$0$0$18,320,240
75$33,881,736$0$0$20,096,153
76$37,169,058$0$0$22,050,288
77$40,786,376$0$0$24,200,730
78$44,767,182$0$0$26,567,410
79$49,148,378$0$0$29,172,284
80$53,970,627$0$0$32,039,548
81$59,278,733$0$0$35,195,861
82$65,122,064$0$0$38,670,598
83$71,555,016$0$0$42,496,129
84$78,637,530$0$0$46,708,119
85$86,435,654$0$0$51,345,870
86$95,022,165$0$0$56,452,688
87$104,477,257$0$0$62,076,292
88$114,889,298$0$0$68,269,264
89$126,355,661$0$0$75,089,547
90$138,983,644$0$0$82,600,988
91$152,891,482$0$0$90,873,945
92$168,209,462$0$0$99,985,943
93$185,081,152$0$0$110,022,416
94$203,664,755$0$0$121,077,503
95$224,134,604$0$0$133,254,942
96$246,682,803$0$0$146,669,047
97$271,521,042$0$0$161,445,788
98$298,882,594$0$0$177,723,975
99$329,024,516$0$0$195,656,575
100$362,230,075$0$0$215,412,150