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

Use the below retirement simulation to view the chances of a successful retirement.
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%13.6%
1 years$109,004$108,033$107,086$106,161$105,259$103,686
2 years$53,963$52,958$51,984$51,039$50,123$48,542
3 years$35,618$34,608$33,637$32,701$31,800$30,260
4 years$26,447$25,441$24,479$23,559$22,680$21,193
5 years$20,946$19,946$18,997$18,096$17,241$15,811
6 years$17,280$16,287$15,352$14,471$13,642$12,271
7 years$14,662$13,678$12,758$11,898$11,095$9,783
8 years$12,700$11,725$10,820$9,981$9,204$7,951
9 years$11,175$10,208$9,319$8,501$7,751$6,557
10 years$9,955$8,998$8,124$7,328$6,604$5,467
11 years$8,958$8,011$7,153$6,378$5,680$4,599
12 years$8,127$7,190$6,348$5,594$4,922$3,897
13 years$7,425$6,498$5,671$4,939$4,292$3,320
14 years$6,824$5,906$5,096$4,384$3,763$2,843
15 years$6,303$5,395$4,601$3,910$3,313$2,443
16 years$5,848$4,950$4,171$3,501$2,928$2,107
17 years$5,447$4,559$3,796$3,146$2,596$1,822
18 years$5,091$4,213$3,465$2,835$2,308$1,580
19 years$4,772$3,904$3,172$2,561$2,057$1,372
20 years$4,486$3,628$2,911$2,320$1,838$1,194
21 years$4,228$3,379$2,678$2,105$1,645$1,040
22 years$3,993$3,154$2,468$1,914$1,474$908
23 years$3,779$2,950$2,279$1,743$1,323$793
24 years$3,583$2,764$2,107$1,590$1,189$693
25 years$3,403$2,594$1,952$1,452$1,070$607
26 years$3,237$2,438$1,810$1,328$964$531
27 years$3,084$2,294$1,681$1,215$869$466
28 years$2,942$2,162$1,563$1,114$784$408
29 years$2,810$2,040$1,454$1,021$708$358
30 years$2,687$1,926$1,355$937$640$314
31 years$2,572$1,821$1,263$861$579$276
32 years$2,465$1,723$1,178$791$523$242
33 years$2,364$1,632$1,100$727$474$213
34 years$2,269$1,546$1,028$669$429$187
35 years$2,180$1,467$961$616$388$164
36 years$2,096$1,392$899$567$352$145
37 years$2,017$1,322$841$523$319$127
38 years$1,943$1,257$788$482$289$112
39 years$1,872$1,195$738$444$262$98
40 years$1,805$1,137$692$410$238$86
41 years$1,741$1,082$649$378$216$76
42 years$1,681$1,031$609$349$196$67
43 years$1,623$982$571$322$178$59
44 years$1,568$936$536$297$161$52
45 years$1,516$893$503$275$146$46
46 years$1,466$852$473$254$133$40
47 years$1,419$813$444$234$121$35
48 years$1,374$776$417$217$110$31
49 years$1,330$741$392$200$100$27
50 years$1,289$708$369$185$90$24

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 $2,536 every year, while hoping to spend $51,187 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: 56/29/15 Blend
34$1,320,000$1,320,000$1,320,000$1,320,000
35$1,457,256$1,387,296$1,366,836$1,533,025
36$1,551,433$1,400,811$1,358,162$1,598,269
37$1,653,501$1,413,272$1,347,483$1,663,523
38$1,764,211$1,424,575$1,334,676$1,733,432
39$1,884,387$1,434,606$1,319,614$1,808,452
40$2,014,939$1,443,246$1,302,165$1,889,085
41$2,156,864$1,450,367$1,282,190$1,975,888
42$2,311,263$1,455,833$1,259,541$2,069,475
43$2,479,344$1,459,501$1,234,068$2,170,526
44$2,662,438$1,461,217$1,205,610$2,279,790
45$2,862,008$1,460,819$1,174,000$2,398,095
46$3,079,667$1,458,133$1,139,063$2,526,356
47$3,317,188$1,452,976$1,100,616$2,665,585
48$3,576,522$1,445,153$1,058,468$2,816,896
49$3,859,820$1,434,458$1,012,419$2,981,522
50$4,169,446$1,420,671$962,260$3,160,825
51$4,508,006$1,403,561$907,772$3,356,307
52$4,878,368$1,382,880$848,727$3,569,629
53$5,283,688$1,358,368$784,887$3,802,621
54$5,727,445$1,329,748$716,001$4,057,309
55$6,213,466$1,296,728$641,809$4,335,925
56$6,745,969$1,258,997$562,039$4,640,935
57$7,329,598$1,216,228$476,407$4,975,061
58$7,969,466$1,168,072$384,615$5,341,308
59$8,671,206$1,114,162$286,355$5,742,993
60$9,441,023$1,054,110$181,302$6,183,775
61$10,285,750$987,504$69,118$6,667,695
62$11,212,914$913,909$0$7,199,211
63$12,230,806$832,865$0$7,791,342
64$13,348,559$743,887$0$8,453,750
65$14,576,235$646,461$0$9,181,414
66$15,924,917$540,043$0$9,981,008
67$17,406,815$424,061$0$10,859,891
68$19,035,379$297,909$0$11,826,181
69$20,825,428$160,947$0$12,888,827
70$22,793,288$12,500$0$14,057,698
71$24,956,945$0$0$15,343,677
72$27,336,216$0$0$16,806,038
73$29,952,933$0$0$18,418,861
74$32,831,150$0$0$20,192,997
75$35,997,371$0$0$22,144,800
76$39,480,795$0$0$24,292,289
77$43,313,597$0$0$26,655,317
78$47,531,226$0$0$29,255,758
79$52,172,743$0$0$32,117,714
80$57,281,183$0$0$35,267,742
81$62,903,970$0$0$38,735,105
82$69,093,354$0$0$42,552,046
83$75,906,911$0$0$46,754,092
84$83,408,080$0$0$51,380,392
85$91,666,767$0$0$56,474,082
86$100,759,998$0$0$62,082,694
87$110,772,650$0$0$68,258,605
88$121,798,249$0$0$75,059,528
89$133,939,853$0$0$82,549,060
90$147,311,024$0$0$90,797,278
91$162,036,897$0$0$99,881,403
92$178,255,364$0$0$109,886,527
93$196,118,371$0$0$120,906,415
94$215,793,356$0$0$133,044,394
95$237,464,823$0$0$146,414,321
96$261,336,086$0$0$161,141,661
97$287,631,189$0$0$177,364,672
98$316,597,015$0$0$195,235,706
99$348,505,620$0$0$214,922,651
100$383,656,798$0$0$236,610,511