Can I retire at age 35 with 1,230,000?

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 $1,230,000?

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%
1 years$101,572$100,667$99,785$98,923$98,082$94,489
2 years$50,283$49,347$48,439$47,559$46,706$43,126
3 years$33,189$32,249$31,343$30,472$29,632$26,178
4 years$24,644$23,706$22,810$21,953$21,134$17,832
5 years$19,518$18,586$17,701$16,862$16,066$12,924
6 years$16,102$15,177$14,305$13,485$12,712$9,734
7 years$13,663$12,745$11,888$11,087$10,338$7,522
8 years$11,834$10,925$10,082$9,300$8,577$5,920
9 years$10,413$9,512$8,683$7,922$7,223$4,722
10 years$9,276$8,385$7,570$6,829$6,154$3,805
11 years$8,347$7,464$6,665$5,943$5,293$3,091
12 years$7,573$6,700$5,915$5,213$4,587$2,526
13 years$6,919$6,055$5,285$4,602$4,000$2,074
14 years$6,359$5,503$4,748$4,085$3,506$1,710
15 years$5,873$5,027$4,287$3,643$3,087$1,414
16 years$5,449$4,613$3,887$3,262$2,728$1,173
17 years$5,076$4,248$3,537$2,931$2,419$974
18 years$4,744$3,925$3,229$2,641$2,151$811
19 years$4,447$3,638$2,956$2,387$1,917$676
20 years$4,180$3,381$2,713$2,162$1,712$564
21 years$3,939$3,149$2,495$1,962$1,532$471
22 years$3,721$2,939$2,300$1,784$1,374$394
23 years$3,521$2,749$2,123$1,625$1,233$330
24 years$3,339$2,576$1,964$1,482$1,108$276
25 years$3,171$2,417$1,819$1,353$997$231
26 years$3,017$2,272$1,687$1,237$898$194
27 years$2,874$2,138$1,566$1,132$810$162
28 years$2,741$2,015$1,456$1,038$731$136
29 years$2,618$1,901$1,355$951$660$114
30 years$2,504$1,795$1,262$873$596$96
31 years$2,397$1,697$1,177$802$539$80
32 years$2,297$1,606$1,098$737$488$67
33 years$2,203$1,520$1,025$678$441$57
34 years$2,115$1,441$958$624$400$47
35 years$2,032$1,367$895$574$362$40
36 years$1,954$1,297$838$529$328$33
37 years$1,880$1,232$784$487$297$28
38 years$1,810$1,171$734$449$269$24
39 years$1,744$1,113$688$414$244$20
40 years$1,682$1,059$645$382$222$17
41 years$1,622$1,008$605$352$201$14
42 years$1,566$960$567$325$182$12
43 years$1,512$915$532$300$166$10
44 years$1,461$872$500$277$150$8
45 years$1,413$832$469$256$136$7
46 years$1,366$793$441$236$124$6
47 years$1,322$757$414$218$112$5
48 years$1,280$723$389$202$102$4
49 years$1,240$690$366$187$93$3
50 years$1,201$659$344$172$84$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $1,230,000, adding $3,693 every year, while hoping to spend $24,206 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: 77/5/18 Blend
34$1,230,000$1,230,000$1,230,000$1,230,000
35$1,359,269$1,294,079$1,275,014$1,458,128
36$1,472,160$1,331,734$1,291,972$1,561,623
37$1,595,754$1,370,423$1,308,687$1,671,706
38$1,731,118$1,410,171$1,325,125$1,791,784
39$1,879,425$1,451,003$1,341,250$1,922,845
40$2,041,970$1,492,945$1,357,026$2,065,983
41$2,220,176$1,536,024$1,372,411$2,222,399
42$2,415,611$1,580,267$1,387,364$2,393,419
43$2,630,004$1,625,700$1,401,841$2,580,500
44$2,865,256$1,672,352$1,415,795$2,785,252
45$3,123,465$1,720,250$1,429,177$3,009,445
46$3,406,939$1,769,422$1,441,934$3,255,029
47$3,718,220$1,819,897$1,454,013$3,524,155
48$4,060,111$1,871,705$1,465,355$3,819,189
49$4,435,698$1,924,874$1,475,900$4,142,743
50$4,848,381$1,979,434$1,485,584$4,497,689
51$5,301,905$2,035,416$1,494,340$4,887,197
52$5,800,396$2,092,848$1,502,097$5,314,755
53$6,348,401$2,151,762$1,508,782$5,784,208
54$6,950,928$2,212,189$1,514,317$6,299,795
55$7,613,495$2,274,158$1,518,619$6,866,184
56$8,342,182$2,337,702$1,521,602$7,488,519
57$9,143,686$2,402,851$1,523,177$8,172,468
58$10,025,387$2,469,636$1,523,249$8,924,278
59$10,995,417$2,538,088$1,521,718$9,750,832
60$12,062,734$2,608,239$1,518,480$10,659,715
61$13,237,209$2,680,119$1,513,426$11,659,283
62$14,529,720$2,753,760$1,506,441$12,758,746
63$15,952,249$2,829,193$1,497,405$13,968,253
64$17,518,002$2,906,447$1,486,192$15,298,986
65$19,241,529$2,985,553$1,472,670$16,763,269
66$21,138,861$3,066,542$1,456,700$18,374,682
67$23,227,664$3,149,441$1,438,139$20,148,189
68$25,527,403$3,234,281$1,416,834$22,100,281
69$28,059,527$3,321,090$1,392,626$24,249,129
70$30,847,670$3,409,894$1,365,350$26,614,760
71$33,917,874$3,500,721$1,334,831$29,219,240
72$37,298,837$3,593,596$1,300,888$32,086,889
73$41,022,181$3,688,545$1,263,330$35,244,504
74$45,122,750$3,785,590$1,221,958$38,721,616
75$49,638,940$3,884,754$1,176,564$42,550,770
76$54,613,063$3,986,057$1,126,929$46,767,829
77$60,091,741$4,089,520$1,072,827$51,412,312
78$66,126,351$4,195,158$1,014,019$56,527,773
79$72,773,506$4,302,989$950,256$62,162,203
80$80,095,593$4,413,024$881,279$68,368,494
81$88,161,357$4,525,276$806,815$75,204,929
82$97,046,553$4,639,752$726,581$82,735,737
83$106,834,661$4,756,459$640,281$91,031,699
84$117,617,670$4,875,400$547,604$100,170,815
85$129,496,951$4,996,574$448,228$110,239,041
86$142,584,211$5,119,976$341,815$121,331,104
87$157,002,547$5,245,601$228,011$133,551,389
88$172,887,607$5,373,436$106,450$147,014,932
89$190,388,873$5,503,465$0$161,848,502
90$209,671,070$5,635,667$0$178,196,270
91$230,915,722$5,770,017$0$196,229,825
92$254,322,861$5,906,483$0$216,098,434
93$280,112,921$6,045,029$0$237,989,142
94$308,528,815$6,185,612$0$262,108,068
95$339,838,228$6,328,180$0$288,682,349
96$374,336,144$6,472,678$0$317,962,290
97$412,347,632$6,619,041$0$350,223,718
98$454,230,912$6,767,195$0$385,770,594
99$500,380,736$6,917,059$0$424,937,877
100$551,232,119$7,068,542$0$468,094,687