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%14.8%
1 years$99,921$99,031$98,162$97,315$96,487$94,578
2 years$49,466$48,544$47,652$46,786$45,946$44,031
3 years$32,650$31,724$30,834$29,976$29,150$27,288
4 years$24,243$23,321$22,439$21,596$20,790$18,996
5 years$19,201$18,284$17,414$16,588$15,804$14,083
6 years$15,840$14,930$14,073$13,265$12,505$10,859
7 years$13,441$12,538$11,695$10,906$10,170$8,599
8 years$11,642$10,748$9,918$9,149$8,437$6,941
9 years$10,243$9,358$8,542$7,793$7,105$5,683
10 years$9,125$8,248$7,447$6,718$6,054$4,704
11 years$8,211$7,343$6,557$5,846$5,207$3,927
12 years$7,450$6,591$5,819$5,128$4,512$3,302
13 years$6,806$5,956$5,199$4,527$3,935$2,791
14 years$6,255$5,414$4,671$4,019$3,449$2,370
15 years$5,778$4,946$4,217$3,584$3,037$2,021
16 years$5,361$4,538$3,824$3,209$2,684$1,728
17 years$4,993$4,179$3,479$2,883$2,380$1,482
18 years$4,667$3,862$3,176$2,599$2,116$1,273
19 years$4,375$3,579$2,908$2,348$1,886$1,096
20 years$4,112$3,326$2,668$2,127$1,685$945
21 years$3,875$3,098$2,455$1,930$1,508$816
22 years$3,660$2,892$2,262$1,755$1,351$706
23 years$3,464$2,704$2,089$1,598$1,213$611
24 years$3,285$2,534$1,932$1,458$1,090$529
25 years$3,120$2,378$1,789$1,331$981$459
26 years$2,968$2,235$1,659$1,217$884$398
27 years$2,827$2,103$1,541$1,114$797$345
28 years$2,697$1,982$1,432$1,021$719$300
29 years$2,576$1,870$1,333$936$649$260
30 years$2,463$1,766$1,242$859$587$226
31 years$2,358$1,669$1,158$789$530$197
32 years$2,259$1,579$1,080$725$480$171
33 years$2,167$1,496$1,008$667$434$149
34 years$2,080$1,418$942$613$393$129
35 years$1,999$1,345$881$565$356$113
36 years$1,922$1,276$824$520$323$98
37 years$1,849$1,212$771$479$292$85
38 years$1,781$1,152$722$442$265$74
39 years$1,716$1,095$677$407$240$65
40 years$1,654$1,042$634$376$218$56
41 years$1,596$992$595$347$198$49
42 years$1,541$945$558$320$179$43
43 years$1,488$900$524$295$163$37
44 years$1,438$858$491$273$148$32
45 years$1,390$818$461$252$134$28
46 years$1,344$781$433$233$122$25
47 years$1,301$745$407$215$111$21
48 years$1,259$711$383$199$100$19
49 years$1,219$679$360$183$91$16
50 years$1,181$649$338$170$83$14

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 $3,348 every year, while hoping to spend $56,710 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: 44/35/21 Blend
34$1,210,000$1,210,000$1,210,000$1,210,000
35$1,336,873$1,272,743$1,253,988$1,387,432
36$1,412,896$1,274,769$1,235,658$1,425,465
37$1,494,771$1,274,993$1,214,813$1,460,854
38$1,583,038$1,273,267$1,191,309$1,498,053
39$1,678,285$1,269,435$1,164,995$1,537,258
40$1,781,161$1,263,329$1,135,714$1,578,688
41$1,892,380$1,254,771$1,103,300$1,622,588
42$2,012,723$1,243,576$1,067,581$1,669,230
43$2,143,051$1,229,542$1,028,376$1,718,920
44$2,284,312$1,212,458$985,496$1,771,999
45$2,437,545$1,192,102$938,743$1,828,846
46$2,603,895$1,168,236$887,912$1,889,885
47$2,784,621$1,140,608$832,786$1,955,587
48$2,981,108$1,108,954$773,140$2,026,477
49$3,194,879$1,072,990$708,738$2,103,139
50$3,427,610$1,032,420$639,334$2,186,224
51$3,681,146$986,928$564,671$2,276,454
52$3,957,515$936,180$484,480$2,374,632
53$4,258,952$879,824$398,480$2,481,653
54$4,587,916$817,486$306,380$2,598,507
55$4,947,113$748,771$207,873$2,726,295
56$5,339,521$673,264$102,639$2,866,241
57$5,768,420$590,522$0$3,019,699
58$6,237,422$500,080$0$3,190,341
59$6,750,501$401,447$0$3,402,354
60$7,312,036$294,101$0$3,634,645
61$7,926,846$177,495$0$3,889,350
62$8,600,240$51,048$0$4,168,829
63$9,338,063$0$0$4,475,692
64$10,146,753$0$0$4,845,887
65$11,033,400$0$0$5,273,471
66$12,005,812$0$0$5,742,568
67$13,072,592$0$0$6,257,345
68$14,243,211$0$0$6,822,395
69$15,528,106$0$0$7,442,773
70$16,938,772$0$0$8,124,052
71$18,487,869$0$0$8,872,368
72$20,189,346$0$0$9,694,481
73$22,058,569$0$0$10,597,840
74$24,112,466$0$0$11,590,649
75$26,369,683$0$0$12,681,946
76$28,850,765$0$0$13,881,692
77$31,578,345$0$0$15,200,856
78$34,577,361$0$0$16,651,526
79$37,875,283$0$0$18,247,021
80$41,502,382$0$0$20,002,013
81$45,492,004$0$0$21,932,669
82$49,880,894$0$0$24,056,801
83$54,709,535$0$0$26,394,035
84$60,022,533$0$0$28,965,995
85$65,869,033$0$0$31,796,508
86$72,303,189$0$0$34,911,826
87$79,384,668$0$0$38,340,878
88$87,179,214$0$0$42,115,536
89$95,759,269$0$0$46,270,921
90$105,204,655$0$0$50,845,734
91$115,603,325$0$0$55,882,615
92$127,052,195$0$0$61,428,552
93$139,658,055$0$0$67,535,322
94$153,538,580$0$0$74,259,975
95$168,823,432$0$0$81,665,378
96$185,655,494$0$0$89,820,806
97$204,192,205$0$0$98,802,592
98$224,607,057$0$0$108,694,852
99$247,091,222$0$0$119,590,277
100$271,855,360$0$0$131,591,004