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%19.8%
1 years$100,746$99,849$98,974$98,119$97,285$93,462
2 years$49,874$48,946$48,045$47,173$46,326$42,521
3 years$32,919$31,987$31,089$30,224$29,391$25,724
4 years$24,443$23,513$22,625$21,775$20,962$17,461
5 years$19,359$18,435$17,558$16,725$15,935$12,609
6 years$15,971$15,053$14,189$13,375$12,609$9,460
7 years$13,552$12,642$11,791$10,996$10,254$7,281
8 years$11,738$10,836$10,000$9,225$8,507$5,707
9 years$10,328$9,435$8,613$7,857$7,164$4,532
10 years$9,201$8,317$7,509$6,773$6,104$3,636
11 years$8,279$7,404$6,611$5,895$5,250$2,940
12 years$7,512$6,645$5,867$5,170$4,549$2,391
13 years$6,863$6,005$5,242$4,565$3,967$1,954
14 years$6,307$5,459$4,710$4,052$3,478$1,603
15 years$5,826$4,987$4,252$3,614$3,062$1,319
16 years$5,405$4,575$3,855$3,236$2,706$1,088
17 years$5,034$4,213$3,508$2,907$2,399$900
18 years$4,705$3,893$3,202$2,620$2,133$745
19 years$4,411$3,608$2,932$2,367$1,902$618
20 years$4,146$3,353$2,691$2,144$1,699$513
21 years$3,907$3,123$2,475$1,946$1,520$426
22 years$3,690$2,915$2,281$1,769$1,362$354
23 years$3,493$2,727$2,106$1,611$1,223$295
24 years$3,312$2,555$1,948$1,470$1,099$246
25 years$3,145$2,398$1,804$1,342$989$204
26 years$2,992$2,253$1,673$1,227$891$170
27 years$2,850$2,121$1,554$1,123$803$142
28 years$2,719$1,998$1,444$1,029$725$118
29 years$2,597$1,885$1,344$944$655$99
30 years$2,483$1,780$1,252$866$591$82
31 years$2,377$1,683$1,167$795$535$69
32 years$2,278$1,592$1,089$731$484$57
33 years$2,185$1,508$1,017$672$438$48
34 years$2,097$1,429$950$619$396$40
35 years$2,015$1,356$888$569$359$33
36 years$1,938$1,287$831$524$325$28
37 years$1,864$1,222$778$483$295$23
38 years$1,795$1,161$728$445$267$19
39 years$1,730$1,104$682$411$242$16
40 years$1,668$1,051$640$379$220$13
41 years$1,609$1,000$600$349$199$11
42 years$1,553$953$563$323$181$9
43 years$1,500$908$528$298$164$8
44 years$1,450$865$495$275$149$7
45 years$1,401$825$465$254$135$5
46 years$1,355$787$437$234$123$5
47 years$1,312$751$411$217$112$4
48 years$1,270$717$386$200$101$3
49 years$1,230$685$363$185$92$3
50 years$1,191$654$341$171$84$2

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 $3,255 every year, while hoping to spend $37,051 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: 71/18/11 Blend
34$1,220,000$1,220,000$1,220,000$1,220,000
35$1,347,798$1,283,138$1,264,228$1,440,264
36$1,445,851$1,306,589$1,267,157$1,525,378
37$1,552,664$1,329,948$1,268,943$1,613,669
38$1,669,091$1,353,171$1,269,508$1,709,322
39$1,796,072$1,376,211$1,268,771$1,813,054
40$1,934,643$1,399,016$1,266,646$1,925,654
41$2,085,942$1,421,533$1,263,044$2,047,995
42$2,251,223$1,443,704$1,257,871$2,181,036
43$2,431,867$1,465,465$1,251,029$2,325,834
44$2,629,395$1,486,749$1,242,415$2,483,554
45$2,845,478$1,507,485$1,231,921$2,655,479
46$3,081,960$1,527,595$1,219,434$2,843,025
47$3,340,870$1,546,998$1,204,835$3,047,749
48$3,624,443$1,565,604$1,188,001$3,271,369
49$3,935,138$1,583,321$1,168,801$3,515,779
50$4,275,665$1,600,047$1,147,099$3,783,063
51$4,649,009$1,615,675$1,122,753$4,075,521
52$5,058,458$1,630,093$1,095,615$4,395,686
53$5,507,630$1,643,176$1,065,527$4,746,351
54$6,000,513$1,654,798$1,032,328$5,130,592
55$6,541,501$1,664,818$995,846$5,551,800
56$7,135,431$1,673,091$955,904$6,013,714
57$7,787,633$1,679,460$912,314$6,520,453
58$8,503,977$1,683,760$864,883$7,076,557
59$9,290,932$1,685,813$813,405$7,687,030
60$10,155,622$1,685,433$757,669$8,357,388
61$11,105,896$1,682,420$697,452$9,093,709
62$12,150,402$1,676,563$632,521$9,902,693
63$13,298,666$1,667,638$562,634$10,791,723
64$14,561,184$1,655,406$487,537$11,768,940
65$15,949,520$1,639,616$406,964$12,843,311
66$17,476,414$1,620,000$320,640$14,024,725
67$19,155,902$1,596,274$228,275$15,324,077
68$21,003,450$1,568,137$129,568$16,753,377
69$23,036,098$1,535,272$24,205$18,325,862
70$25,272,620$1,497,340$0$20,056,120
71$27,733,703$1,453,985$0$21,970,588
72$30,442,139$1,404,829$0$24,080,336
73$33,423,043$1,349,472$0$26,402,093
74$36,704,088$1,287,491$0$28,957,432
75$40,315,764$1,218,436$0$31,770,125
76$44,291,668$1,141,836$0$34,866,368
77$48,668,821$1,057,189$0$38,275,033
78$53,488,014$963,965$0$42,027,937
79$58,794,197$861,605$0$46,160,142
80$64,636,899$749,517$0$50,710,288
81$71,070,695$627,076$0$55,720,960
82$78,155,725$493,621$0$61,239,086
83$85,958,256$348,456$0$67,316,384
84$94,551,311$190,843$0$74,009,848
85$104,015,355$20,004$0$81,382,289
86$114,439,055$0$0$89,502,927
87$125,920,117$0$0$98,480,704
88$138,566,209$0$0$108,373,945
89$152,495,973$0$0$119,271,515
90$167,840,147$0$0$131,275,706
91$184,742,799$0$0$144,499,237
92$203,362,685$0$0$159,066,320
93$223,874,746$0$0$175,113,833
94$246,471,764$0$0$192,792,608
95$271,366,174$0$0$212,268,860
96$298,792,073$0$0$233,725,748
97$329,007,431$0$0$257,365,111
98$362,296,520$0$0$283,409,369
99$398,972,602$0$0$312,103,620
100$439,380,882$0$0$343,717,960