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%15.6%
1 years$101,572$100,667$99,785$98,923$98,082$95,828
2 years$50,283$49,347$48,439$47,559$46,706$44,447
3 years$33,189$32,249$31,343$30,472$29,632$27,439
4 years$24,644$23,706$22,810$21,953$21,134$19,024
5 years$19,518$18,586$17,701$16,862$16,066$14,045
6 years$16,102$15,177$14,305$13,485$12,712$10,783
7 years$13,663$12,745$11,888$11,087$10,338$8,500
8 years$11,834$10,925$10,082$9,300$8,577$6,829
9 years$10,413$9,512$8,683$7,922$7,223$5,564
10 years$9,276$8,385$7,570$6,829$6,154$4,583
11 years$8,347$7,464$6,665$5,943$5,293$3,807
12 years$7,573$6,700$5,915$5,213$4,587$3,184
13 years$6,919$6,055$5,285$4,602$4,000$2,677
14 years$6,359$5,503$4,748$4,085$3,506$2,261
15 years$5,873$5,027$4,287$3,643$3,087$1,917
16 years$5,449$4,613$3,887$3,262$2,728$1,630
17 years$5,076$4,248$3,537$2,931$2,419$1,390
18 years$4,744$3,925$3,229$2,641$2,151$1,187
19 years$4,447$3,638$2,956$2,387$1,917$1,016
20 years$4,180$3,381$2,713$2,162$1,712$871
21 years$3,939$3,149$2,495$1,962$1,532$748
22 years$3,721$2,939$2,300$1,784$1,374$642
23 years$3,521$2,749$2,123$1,625$1,233$553
24 years$3,339$2,576$1,964$1,482$1,108$476
25 years$3,171$2,417$1,819$1,353$997$410
26 years$3,017$2,272$1,687$1,237$898$353
27 years$2,874$2,138$1,566$1,132$810$304
28 years$2,741$2,015$1,456$1,038$731$263
29 years$2,618$1,901$1,355$951$660$227
30 years$2,504$1,795$1,262$873$596$196
31 years$2,397$1,697$1,177$802$539$169
32 years$2,297$1,606$1,098$737$488$146
33 years$2,203$1,520$1,025$678$441$126
34 years$2,115$1,441$958$624$400$109
35 years$2,032$1,367$895$574$362$94
36 years$1,954$1,297$838$529$328$81
37 years$1,880$1,232$784$487$297$70
38 years$1,810$1,171$734$449$269$61
39 years$1,744$1,113$688$414$244$53
40 years$1,682$1,059$645$382$222$45
41 years$1,622$1,008$605$352$201$39
42 years$1,566$960$567$325$182$34
43 years$1,512$915$532$300$166$29
44 years$1,461$872$500$277$150$25
45 years$1,413$832$469$256$136$22
46 years$1,366$793$441$236$124$19
47 years$1,322$757$414$218$112$16
48 years$1,280$723$389$202$102$14
49 years$1,240$690$366$187$93$12
50 years$1,201$659$344$172$84$11

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 $2,517 every year, while hoping to spend $42,551 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: 78/5/17 Blend
34$1,230,000$1,230,000$1,230,000$1,230,000
35$1,358,056$1,292,866$1,273,801$1,458,715
36$1,451,304$1,310,943$1,271,200$1,543,556
37$1,552,637$1,328,479$1,267,085$1,630,980
38$1,662,835$1,345,403$1,261,361$1,725,712
39$1,782,756$1,361,640$1,253,928$1,828,470
40$1,913,343$1,377,106$1,244,681$1,940,042
41$2,055,636$1,391,716$1,233,510$2,061,296
42$2,210,777$1,405,377$1,220,299$2,193,191
43$2,380,025$1,417,989$1,204,927$2,336,781
44$2,564,764$1,429,447$1,187,269$2,493,229
45$2,766,519$1,439,639$1,167,192$2,663,817
46$2,986,968$1,448,445$1,144,556$2,849,956
47$3,227,958$1,455,738$1,119,218$3,053,203
48$3,491,522$1,461,382$1,091,025$3,275,271
49$3,779,902$1,465,234$1,059,818$3,518,051
50$4,095,561$1,467,140$1,025,432$3,783,625
51$4,441,216$1,466,938$987,692$4,074,288
52$4,819,858$1,464,455$946,416$4,392,570
53$5,234,778$1,459,508$901,416$4,741,259
54$5,689,604$1,451,902$852,492$5,123,426
55$6,188,330$1,441,432$799,437$5,542,459
56$6,735,354$1,427,877$742,033$6,002,088
57$7,335,524$1,411,007$680,055$6,506,429
58$7,994,176$1,390,574$613,265$7,060,013
59$8,717,188$1,366,319$541,416$7,667,837
60$9,511,038$1,337,965$464,250$8,335,409
61$10,382,858$1,305,219$381,496$9,068,797
62$11,340,507$1,267,773$292,874$9,874,691
63$12,392,642$1,225,297$198,089$10,760,463
64$13,548,800$1,177,445$96,833$11,734,240
65$14,819,488$1,123,850$0$12,804,976
66$16,216,280$1,064,123$0$13,984,578
67$17,751,929$997,853$0$15,300,767
68$19,440,484$924,607$0$16,748,011
69$21,297,425$843,923$0$18,339,592
70$23,339,804$755,318$0$20,090,144
71$25,586,413$658,277$0$22,015,789
72$28,057,953$552,259$0$24,134,293
73$30,777,235$436,690$0$26,465,234
74$33,769,390$310,965$0$29,030,182
75$37,062,111$174,445$0$31,852,905
76$40,685,909$26,456$0$34,959,594
77$44,674,404$0$0$38,379,110
78$49,064,639$0$0$42,150,610
79$53,897,431$0$0$46,303,948
80$59,217,757$0$0$50,876,327
81$65,075,173$0$0$55,910,344
82$71,524,288$0$0$61,452,937
83$78,625,273$0$0$67,555,825
84$86,444,432$0$0$74,276,001
85$95,054,826$0$0$81,676,264
86$104,536,962$0$0$89,825,813
87$114,979,551$0$0$98,800,901
88$126,480,349$0$0$108,685,553
89$139,147,074$0$0$119,572,358
90$153,098,426$0$0$131,563,346
91$168,465,203$0$0$144,770,944
92$185,391,540$0$0$159,319,043
93$204,036,265$0$0$175,344,165
94$224,574,397$0$0$192,996,749
95$247,198,801$0$0$212,442,571
96$272,122,005$0$0$233,864,312
97$299,578,208$0$0$257,463,278
98$329,825,485$0$0$283,461,300
99$363,148,230$0$0$312,102,828
100$399,859,831$0$0$343,657,239