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%18.1%
1 years$99,921$99,031$98,162$97,315$96,487$93,324
2 years$49,466$48,544$47,652$46,786$45,946$42,789
3 years$32,650$31,724$30,834$29,976$29,150$26,099
4 years$24,243$23,321$22,439$21,596$20,790$17,868
5 years$19,201$18,284$17,414$16,588$15,804$13,019
6 years$15,840$14,930$14,073$13,265$12,505$9,859
7 years$13,441$12,538$11,695$10,906$10,170$7,663
8 years$11,642$10,748$9,918$9,149$8,437$6,066
9 years$10,243$9,358$8,542$7,793$7,105$4,869
10 years$9,125$8,248$7,447$6,718$6,054$3,948
11 years$8,211$7,343$6,557$5,846$5,207$3,227
12 years$7,450$6,591$5,819$5,128$4,512$2,655
13 years$6,806$5,956$5,199$4,527$3,935$2,195
14 years$6,255$5,414$4,671$4,019$3,449$1,823
15 years$5,778$4,946$4,217$3,584$3,037$1,518
16 years$5,361$4,538$3,824$3,209$2,684$1,268
17 years$4,993$4,179$3,479$2,883$2,380$1,061
18 years$4,667$3,862$3,176$2,599$2,116$890
19 years$4,375$3,579$2,908$2,348$1,886$748
20 years$4,112$3,326$2,668$2,127$1,685$629
21 years$3,875$3,098$2,455$1,930$1,508$529
22 years$3,660$2,892$2,262$1,755$1,351$446
23 years$3,464$2,704$2,089$1,598$1,213$376
24 years$3,285$2,534$1,932$1,458$1,090$318
25 years$3,120$2,378$1,789$1,331$981$268
26 years$2,968$2,235$1,659$1,217$884$226
27 years$2,827$2,103$1,541$1,114$797$191
28 years$2,697$1,982$1,432$1,021$719$162
29 years$2,576$1,870$1,333$936$649$137
30 years$2,463$1,766$1,242$859$587$116
31 years$2,358$1,669$1,158$789$530$98
32 years$2,259$1,579$1,080$725$480$83
33 years$2,167$1,496$1,008$667$434$70
34 years$2,080$1,418$942$613$393$59
35 years$1,999$1,345$881$565$356$50
36 years$1,922$1,276$824$520$323$42
37 years$1,849$1,212$771$479$292$36
38 years$1,781$1,152$722$442$265$30
39 years$1,716$1,095$677$407$240$26
40 years$1,654$1,042$634$376$218$22
41 years$1,596$992$595$347$198$18
42 years$1,541$945$558$320$179$16
43 years$1,488$900$524$295$163$13
44 years$1,438$858$491$273$148$11
45 years$1,390$818$461$252$134$9
46 years$1,344$781$433$233$122$8
47 years$1,301$745$407$215$111$7
48 years$1,259$711$383$199$100$6
49 years$1,219$679$360$183$91$5
50 years$1,181$649$338$170$83$4

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 $2,049 every year, while hoping to spend $54,320 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: 53/38/9 Blend
34$1,210,000$1,210,000$1,210,000$1,210,000
35$1,335,534$1,271,404$1,252,649$1,403,194
36$1,413,962$1,275,906$1,236,816$1,453,858
37$1,498,569$1,278,809$1,218,633$1,502,877
38$1,589,929$1,279,976$1,197,963$1,554,921
39$1,688,670$1,279,263$1,174,663$1,610,287
40$1,795,485$1,276,517$1,148,584$1,669,304
41$1,911,133$1,271,576$1,119,571$1,732,338
42$2,036,452$1,264,267$1,087,460$1,799,792
43$2,172,361$1,254,406$1,052,080$1,872,115
44$2,319,870$1,241,800$1,013,253$1,949,804
45$2,480,092$1,226,243$970,792$2,033,409
46$2,654,249$1,207,518$924,502$2,123,540
47$2,843,688$1,185,392$874,179$2,220,871
48$3,049,890$1,159,621$819,609$2,326,150
49$3,274,482$1,129,946$760,569$2,440,205
50$3,519,258$1,096,092$696,827$2,563,951
51$3,786,191$1,057,769$628,139$2,698,403
52$4,077,452$1,014,669$554,251$2,844,683
53$4,395,431$966,467$474,898$3,004,033
54$4,742,759$912,819$389,802$3,177,827
55$5,122,334$853,360$298,673$3,367,584
56$5,537,343$787,706$201,210$3,574,986
57$5,991,298$715,449$97,096$3,801,892
58$6,488,064$636,160$0$4,050,358
59$7,031,899$549,384$0$4,324,003
60$7,627,489$454,640$0$4,634,033
61$8,279,997$351,422$0$4,973,925
62$8,995,108$239,193$0$5,346,788
63$9,779,082$117,387$0$5,756,051
64$10,638,816$0$0$6,205,504
65$11,581,904$0$0$6,705,434
66$12,616,712$0$0$7,307,962
67$13,752,454$0$0$7,969,384
68$14,999,280$0$0$8,695,624
69$16,368,371$0$0$9,493,213
70$17,872,042$0$0$10,369,340
71$19,523,863$0$0$11,331,928
72$21,338,778$0$0$12,389,705
73$23,333,254$0$0$13,552,287
74$25,525,432$0$0$14,830,264
75$27,935,295$0$0$16,235,308
76$30,584,862$0$0$17,780,276
77$33,498,390$0$0$19,479,333
78$36,702,605$0$0$21,348,086
79$40,226,952$0$0$23,403,730
80$44,103,874$0$0$25,665,212
81$48,369,116$0$0$28,153,405
82$53,062,063$0$0$30,891,310
83$58,226,107$0$0$33,904,268
84$63,909,063$0$0$37,220,202
85$70,163,613$0$0$40,869,879
86$77,047,806$0$0$44,887,199
87$84,625,602$0$0$49,309,517
88$92,967,480$0$0$54,177,992
89$102,151,097$0$0$59,537,976
90$112,262,022$0$0$65,439,445
91$123,394,544$0$0$71,937,464
92$135,652,560$0$0$79,092,711
93$149,150,554$0$0$86,972,049
94$164,014,679$0$0$95,649,154
95$180,383,944$0$0$105,205,211
96$198,411,526$0$0$115,729,681
97$218,266,217$0$0$127,321,143
98$240,134,013$0$0$140,088,226
99$264,219,871$0$0$154,150,632
100$290,749,639$0$0$169,640,266