Can I retire at age 35 with 1,220,000?

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 $1,220,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19%
1 years$100,746$99,849$98,974$98,119$97,285$93,758
2 years$49,874$48,946$48,045$47,173$46,326$42,812
3 years$32,919$31,987$31,089$30,224$29,391$26,000
4 years$24,443$23,513$22,625$21,775$20,962$17,719
5 years$19,359$18,435$17,558$16,725$15,935$12,850
6 years$15,971$15,053$14,189$13,375$12,609$9,683
7 years$13,552$12,642$11,791$10,996$10,254$7,487
8 years$11,738$10,836$10,000$9,225$8,507$5,896
9 years$10,328$9,435$8,613$7,857$7,164$4,706
10 years$9,201$8,317$7,509$6,773$6,104$3,795
11 years$8,279$7,404$6,611$5,895$5,250$3,084
12 years$7,512$6,645$5,867$5,170$4,549$2,522
13 years$6,863$6,005$5,242$4,565$3,967$2,072
14 years$6,307$5,459$4,710$4,052$3,478$1,710
15 years$5,826$4,987$4,252$3,614$3,062$1,415
16 years$5,405$4,575$3,855$3,236$2,706$1,174
17 years$5,034$4,213$3,508$2,907$2,399$976
18 years$4,705$3,893$3,202$2,620$2,133$813
19 years$4,411$3,608$2,932$2,367$1,902$679
20 years$4,146$3,353$2,691$2,144$1,699$567
21 years$3,907$3,123$2,475$1,946$1,520$474
22 years$3,690$2,915$2,281$1,769$1,362$397
23 years$3,493$2,727$2,106$1,611$1,223$332
24 years$3,312$2,555$1,948$1,470$1,099$278
25 years$3,145$2,398$1,804$1,342$989$233
26 years$2,992$2,253$1,673$1,227$891$196
27 years$2,850$2,121$1,554$1,123$803$164
28 years$2,719$1,998$1,444$1,029$725$138
29 years$2,597$1,885$1,344$944$655$116
30 years$2,483$1,780$1,252$866$591$97
31 years$2,377$1,683$1,167$795$535$81
32 years$2,278$1,592$1,089$731$484$68
33 years$2,185$1,508$1,017$672$438$57
34 years$2,097$1,429$950$619$396$48
35 years$2,015$1,356$888$569$359$41
36 years$1,938$1,287$831$524$325$34
37 years$1,864$1,222$778$483$295$29
38 years$1,795$1,161$728$445$267$24
39 years$1,730$1,104$682$411$242$20
40 years$1,668$1,051$640$379$220$17
41 years$1,609$1,000$600$349$199$14
42 years$1,553$953$563$323$181$12
43 years$1,500$908$528$298$164$10
44 years$1,450$865$495$275$149$8
45 years$1,401$825$465$254$135$7
46 years$1,355$787$437$234$123$6
47 years$1,312$751$411$217$112$5
48 years$1,270$717$386$200$101$4
49 years$1,230$685$363$185$92$4
50 years$1,191$654$341$171$84$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $1,220,000, adding $4,602 every year, while hoping to spend $39,928 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: 57/19/24 Blend
34$1,220,000$1,220,000$1,220,000$1,220,000
35$1,349,187$1,284,527$1,265,617$1,417,063
36$1,444,321$1,304,986$1,265,532$1,484,442
37$1,547,820$1,325,109$1,264,106$1,553,212
38$1,660,496$1,344,837$1,261,252$1,627,317
39$1,783,242$1,364,109$1,256,878$1,707,282
40$1,917,038$1,382,856$1,250,890$1,793,687
41$2,062,967$1,401,007$1,243,185$1,887,171
42$2,222,217$1,418,484$1,233,660$1,988,442
43$2,396,100$1,435,206$1,222,204$2,098,277
44$2,586,055$1,451,085$1,208,701$2,217,537
45$2,793,671$1,466,026$1,193,031$2,347,170
46$3,020,695$1,479,931$1,175,067$2,488,221
47$3,269,051$1,492,692$1,154,676$2,641,847
48$3,540,856$1,504,196$1,131,720$2,809,320
49$3,838,444$1,514,323$1,106,053$2,992,045
50$4,164,383$1,522,942$1,077,524$3,191,573
51$4,521,503$1,529,918$1,045,973$3,409,615
52$4,912,917$1,535,106$1,011,235$3,648,056
53$5,342,058$1,538,349$973,134$3,908,978
54$5,812,703$1,539,484$931,490$4,194,677
55$6,329,016$1,538,336$886,112$4,507,686
56$6,895,581$1,534,719$836,802$4,850,798
57$7,517,446$1,528,437$783,351$5,227,095
58$8,200,176$1,519,280$725,543$5,639,975
59$8,949,896$1,507,027$663,151$6,093,186
60$9,773,356$1,491,442$595,937$6,590,863
61$10,677,993$1,472,277$523,655$7,137,565
62$11,671,996$1,449,267$446,046$7,738,321
63$12,764,391$1,422,132$362,840$8,398,678
64$13,965,118$1,390,576$273,754$9,124,750
65$15,285,131$1,354,285$178,496$9,923,282
66$16,736,495$1,312,925$76,756$10,801,711
67$18,332,505$1,266,147$0$11,768,239
68$20,087,808$1,213,575$0$12,840,057
69$22,018,542$1,154,818$0$14,040,495
70$24,142,487$1,089,457$0$15,360,960
71$26,479,232$1,017,053$0$16,813,669
72$29,050,364$937,138$0$18,412,088
73$31,879,664$849,220$0$20,171,056
74$34,993,336$752,779$0$22,106,929
75$38,420,254$647,263$0$24,237,733
76$42,192,232$532,091$0$26,583,335
77$46,344,326$406,649$0$29,165,630
78$50,915,159$270,288$0$32,008,752
79$55,947,295$122,321$0$35,139,297
80$61,487,631$0$0$38,586,579
81$67,587,843$0$0$42,390,844
82$74,304,873$0$0$46,608,070
83$81,701,467$0$0$51,252,094
84$89,846,765$0$0$56,366,344
85$98,816,953$0$0$61,998,672
86$108,695,984$0$0$68,201,812
87$119,576,366$0$0$75,033,870
88$131,560,040$0$0$82,558,874
89$144,759,335$0$0$90,847,383
90$159,298,033$0$0$99,977,146
91$175,312,536$0$0$110,033,839
92$192,953,150$0$0$121,111,875
93$212,385,507$0$0$133,315,290
94$233,792,126$0$0$146,758,728
95$257,374,133$0$0$161,568,523
96$283,353,164$0$0$177,883,890
97$311,973,453$0$0$195,858,239
98$343,504,137$0$0$215,660,623
99$378,241,796$0$0$237,477,332
100$416,513,254$0$0$261,513,654