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

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 $1,210,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.4%
1 years$99,921$99,031$98,162$97,315$96,487$94,733
2 years$49,466$48,544$47,652$46,786$45,946$44,185
3 years$32,650$31,724$30,834$29,976$29,150$27,437
4 years$24,243$23,321$22,439$21,596$20,790$19,138
5 years$19,201$18,284$17,414$16,588$15,804$14,218
6 years$15,840$14,930$14,073$13,265$12,505$10,987
7 years$13,441$12,538$11,695$10,906$10,170$8,720
8 years$11,642$10,748$9,918$9,149$8,437$7,055
9 years$10,243$9,358$8,542$7,793$7,105$5,790
10 years$9,125$8,248$7,447$6,718$6,054$4,804
11 years$8,211$7,343$6,557$5,846$5,207$4,021
12 years$7,450$6,591$5,819$5,128$4,512$3,389
13 years$6,806$5,956$5,199$4,527$3,935$2,873
14 years$6,255$5,414$4,671$4,019$3,449$2,446
15 years$5,778$4,946$4,217$3,584$3,037$2,091
16 years$5,361$4,538$3,824$3,209$2,684$1,793
17 years$4,993$4,179$3,479$2,883$2,380$1,542
18 years$4,667$3,862$3,176$2,599$2,116$1,329
19 years$4,375$3,579$2,908$2,348$1,886$1,148
20 years$4,112$3,326$2,668$2,127$1,685$993
21 years$3,875$3,098$2,455$1,930$1,508$860
22 years$3,660$2,892$2,262$1,755$1,351$746
23 years$3,464$2,704$2,089$1,598$1,213$647
24 years$3,285$2,534$1,932$1,458$1,090$563
25 years$3,120$2,378$1,789$1,331$981$489
26 years$2,968$2,235$1,659$1,217$884$426
27 years$2,827$2,103$1,541$1,114$797$371
28 years$2,697$1,982$1,432$1,021$719$323
29 years$2,576$1,870$1,333$936$649$281
30 years$2,463$1,766$1,242$859$587$245
31 years$2,358$1,669$1,158$789$530$214
32 years$2,259$1,579$1,080$725$480$187
33 years$2,167$1,496$1,008$667$434$163
34 years$2,080$1,418$942$613$393$142
35 years$1,999$1,345$881$565$356$124
36 years$1,922$1,276$824$520$323$108
37 years$1,849$1,212$771$479$292$95
38 years$1,781$1,152$722$442$265$83
39 years$1,716$1,095$677$407$240$72
40 years$1,654$1,042$634$376$218$63
41 years$1,596$992$595$347$198$55
42 years$1,541$945$558$320$179$48
43 years$1,488$900$524$295$163$42
44 years$1,438$858$491$273$148$37
45 years$1,390$818$461$252$134$32
46 years$1,344$781$433$233$122$28
47 years$1,301$745$407$215$111$25
48 years$1,259$711$383$199$100$21
49 years$1,219$679$360$183$91$19
50 years$1,181$649$338$170$83$16

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 $2,938 every year, while hoping to spend $59,885 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: 40/41/19 Blend
34$1,210,000$1,210,000$1,210,000$1,210,000
35$1,336,451$1,272,321$1,253,566$1,382,272
36$1,409,051$1,270,947$1,231,843$1,413,908
37$1,487,050$1,267,499$1,207,385$1,442,139
38$1,570,935$1,261,812$1,180,038$1,471,439
39$1,661,240$1,253,711$1,149,639$1,501,935
40$1,758,554$1,243,010$1,116,019$1,533,775
41$1,863,521$1,229,512$1,079,001$1,567,123
42$1,976,851$1,213,009$1,038,399$1,602,166
43$2,099,324$1,193,280$994,018$1,639,115
44$2,231,795$1,170,091$945,658$1,678,206
45$2,375,205$1,143,193$893,105$1,719,706
46$2,530,590$1,112,323$836,138$1,763,915
47$2,699,088$1,077,205$774,526$1,811,170
48$2,881,949$1,037,542$708,027$1,861,849
49$3,080,550$993,024$636,388$1,916,373
50$3,296,404$943,320$559,345$1,975,219
51$3,531,177$888,083$476,623$2,038,914
52$3,786,701$826,943$387,934$2,108,053
53$4,064,992$759,510$292,977$2,183,297
54$4,368,268$685,373$191,439$2,265,386
55$4,698,971$604,095$82,991$2,355,143
56$5,059,787$515,217$0$2,453,490
57$5,453,674$418,252$0$2,568,087
58$5,883,888$312,685$0$2,711,825
59$6,354,013$197,975$0$2,869,208
60$6,867,995$73,549$0$3,041,728
61$7,430,178$0$0$3,231,038
62$8,045,345$0$0$3,466,584
63$8,718,765$0$0$3,760,914
64$9,456,236$0$0$4,083,398
65$10,264,145$0$0$4,436,850
66$11,149,528$0$0$4,824,368
67$12,120,131$0$0$5,249,364
68$13,184,486$0$0$5,715,596
69$14,351,991$0$0$6,227,204
70$15,632,995$0$0$6,788,747
71$17,038,900$0$0$7,405,249
72$18,582,266$0$0$8,082,241
73$20,276,924$0$0$8,825,818
74$22,138,115$0$0$9,642,695
75$24,182,624$0$0$10,540,268
76$26,428,946$0$0$11,526,684
77$28,897,453$0$0$12,610,922
78$31,610,590$0$0$13,802,870
79$34,593,083$0$0$15,113,423
80$37,872,174$0$0$16,554,588
81$41,477,875$0$0$18,139,588
82$45,443,255$0$0$19,882,996
83$49,804,745$0$0$21,800,866
84$54,602,484$0$0$23,910,888
85$59,880,699$0$0$26,232,551
86$65,688,117$0$0$28,787,331
87$72,078,430$0$0$31,598,889
88$79,110,793$0$0$34,693,297
89$86,850,389$0$0$38,099,280
90$95,369,037$0$0$41,848,493
91$104,745,875$0$0$45,975,812
92$115,068,101$0$0$50,519,670
93$126,431,794$0$0$55,522,412
94$138,942,827$0$0$61,030,701
95$152,717,858$0$0$67,095,952
96$167,885,432$0$0$73,774,823
97$184,587,194$0$0$81,129,744
98$202,979,226$0$0$89,229,509
99$223,233,516$0$0$98,149,922
100$245,539,580$0$0$107,974,516