Can I retire at age 35 with 1,320,000?

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 $1,320,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.1%
1 years$109,004$108,033$107,086$106,161$105,259$104,333
2 years$53,963$52,958$51,984$51,039$50,123$49,191
3 years$35,618$34,608$33,637$32,701$31,800$30,889
4 years$26,447$25,441$24,479$23,559$22,680$21,798
5 years$20,946$19,946$18,997$18,096$17,241$16,390
6 years$17,280$16,287$15,352$14,471$13,642$12,824
7 years$14,662$13,678$12,758$11,898$11,095$10,309
8 years$12,700$11,725$10,820$9,981$9,204$8,452
9 years$11,175$10,208$9,319$8,501$7,751$7,031
10 years$9,955$8,998$8,124$7,328$6,604$5,917
11 years$8,958$8,011$7,153$6,378$5,680$5,024
12 years$8,127$7,190$6,348$5,594$4,922$4,297
13 years$7,425$6,498$5,671$4,939$4,292$3,697
14 years$6,824$5,906$5,096$4,384$3,763$3,197
15 years$6,303$5,395$4,601$3,910$3,313$2,776
16 years$5,848$4,950$4,171$3,501$2,928$2,419
17 years$5,447$4,559$3,796$3,146$2,596$2,114
18 years$5,091$4,213$3,465$2,835$2,308$1,853
19 years$4,772$3,904$3,172$2,561$2,057$1,627
20 years$4,486$3,628$2,911$2,320$1,838$1,431
21 years$4,228$3,379$2,678$2,105$1,645$1,261
22 years$3,993$3,154$2,468$1,914$1,474$1,113
23 years$3,779$2,950$2,279$1,743$1,323$984
24 years$3,583$2,764$2,107$1,590$1,189$870
25 years$3,403$2,594$1,952$1,452$1,070$771
26 years$3,237$2,438$1,810$1,328$964$683
27 years$3,084$2,294$1,681$1,215$869$606
28 years$2,942$2,162$1,563$1,114$784$537
29 years$2,810$2,040$1,454$1,021$708$477
30 years$2,687$1,926$1,355$937$640$424
31 years$2,572$1,821$1,263$861$579$377
32 years$2,465$1,723$1,178$791$523$335
33 years$2,364$1,632$1,100$727$474$298
34 years$2,269$1,546$1,028$669$429$265
35 years$2,180$1,467$961$616$388$236
36 years$2,096$1,392$899$567$352$210
37 years$2,017$1,322$841$523$319$187
38 years$1,943$1,257$788$482$289$167
39 years$1,872$1,195$738$444$262$148
40 years$1,805$1,137$692$410$238$132
41 years$1,741$1,082$649$378$216$118
42 years$1,681$1,031$609$349$196$105
43 years$1,623$982$571$322$178$94
44 years$1,568$936$536$297$161$83
45 years$1,516$893$503$275$146$74
46 years$1,466$852$473$254$133$66
47 years$1,419$813$444$234$121$59
48 years$1,374$776$417$217$110$53
49 years$1,330$741$392$200$100$47
50 years$1,289$708$369$185$90$42

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $1,320,000, adding $6,446 every year, while hoping to spend $37,203 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: 61/11/28 Blend
34$1,320,000$1,320,000$1,320,000$1,320,000
35$1,461,289$1,391,329$1,370,869$1,539,043
36$1,570,757$1,419,920$1,377,209$1,621,323
37$1,690,143$1,448,666$1,382,515$1,706,526
38$1,820,421$1,477,534$1,386,713$1,798,746
39$1,962,661$1,506,490$1,389,724$1,898,677
40$2,118,040$1,535,496$1,391,468$2,007,083
41$2,287,857$1,564,511$1,391,859$2,124,807
42$2,473,539$1,593,493$1,390,807$2,252,778
43$2,676,658$1,622,393$1,388,217$2,392,020
44$2,898,947$1,651,159$1,383,992$2,543,663
45$3,142,311$1,679,738$1,378,027$2,708,951
46$3,408,850$1,708,068$1,370,214$2,889,259
47$3,700,875$1,736,086$1,360,439$3,086,100
48$4,020,933$1,763,723$1,348,582$3,301,142
49$4,371,828$1,790,905$1,334,520$3,536,227
50$4,756,648$1,817,553$1,318,120$3,793,384
51$5,178,795$1,843,582$1,299,246$4,074,849
52$5,642,016$1,868,901$1,277,754$4,383,091
53$6,150,437$1,893,413$1,253,494$4,720,827
54$6,708,604$1,917,013$1,226,309$5,091,057
55$7,321,526$1,939,590$1,196,034$5,497,087
56$7,994,718$1,961,026$1,162,497$5,942,562
57$8,734,256$1,981,194$1,125,519$6,431,500
58$9,546,836$1,999,958$1,084,909$6,968,330
59$10,439,833$2,017,175$1,040,473$7,557,938
60$11,421,370$2,032,692$992,003$8,205,707
61$12,500,400$2,046,343$939,285$8,917,574
62$13,686,783$2,057,956$882,093$9,700,083
63$14,991,384$2,067,346$820,193$10,560,448
64$16,426,174$2,074,315$753,339$11,506,622
65$18,004,341$2,078,653$681,273$12,547,372
66$19,740,417$2,080,140$603,728$13,692,364
67$21,650,410$2,078,538$520,424$14,952,252
68$23,751,962$2,073,596$431,068$16,338,780
69$26,064,507$2,065,048$335,354$17,864,895
70$28,609,463$2,052,611$232,964$19,544,867
71$31,410,425$2,035,985$123,565$21,394,429
72$34,493,393$2,014,854$6,810$23,430,921
73$37,887,016$1,988,878$0$25,673,458
74$41,622,860$1,957,702$0$28,178,298
75$45,735,709$1,920,946$0$30,937,936
76$50,263,888$1,878,209$0$33,976,049
77$55,249,631$1,829,067$0$37,320,979
78$60,739,472$1,773,071$0$41,003,954
79$66,784,690$1,709,743$0$45,059,389
80$73,441,789$1,638,581$0$49,525,207
81$80,773,031$1,559,051$0$54,443,202
82$88,847,026$1,470,590$0$59,859,425
83$97,739,375$1,372,601$0$65,824,630
84$107,533,387$1,264,454$0$72,394,745
85$118,320,863$1,145,484$0$79,631,400
86$130,202,962$1,014,984$0$87,602,516
87$143,291,157$872,211$0$96,382,939
88$157,708,284$716,378$0$106,055,151
89$173,589,703$546,654$0$116,710,045
90$191,084,574$362,161$0$128,447,789
91$210,357,267$161,974$0$141,378,765
92$231,588,910$0$0$155,624,618
93$254,979,099$0$0$171,326,044
94$280,747,783$0$0$188,645,875
95$309,137,339$0$0$207,727,432
96$340,414,857$0$0$228,750,259
97$374,874,667$0$0$251,912,204
98$412,841,107$0$0$277,431,295
99$454,671,596$0$0$305,547,790
100$500,759,996$0$0$336,526,450