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%11.5%
1 years$109,004$108,033$107,086$106,161$105,259$104,595
2 years$53,963$52,958$51,984$51,039$50,123$49,454
3 years$35,618$34,608$33,637$32,701$31,800$31,146
4 years$26,447$25,441$24,479$23,559$22,680$22,046
5 years$20,946$19,946$18,997$18,096$17,241$16,629
6 years$17,280$16,287$15,352$14,471$13,642$13,053
7 years$14,662$13,678$12,758$11,898$11,095$10,528
8 years$12,700$11,725$10,820$9,981$9,204$8,660
9 years$11,175$10,208$9,319$8,501$7,751$7,230
10 years$9,955$8,998$8,124$7,328$6,604$6,106
11 years$8,958$8,011$7,153$6,378$5,680$5,204
12 years$8,127$7,190$6,348$5,594$4,922$4,468
13 years$7,425$6,498$5,671$4,939$4,292$3,859
14 years$6,824$5,906$5,096$4,384$3,763$3,350
15 years$6,303$5,395$4,601$3,910$3,313$2,921
16 years$5,848$4,950$4,171$3,501$2,928$2,556
17 years$5,447$4,559$3,796$3,146$2,596$2,243
18 years$5,091$4,213$3,465$2,835$2,308$1,974
19 years$4,772$3,904$3,172$2,561$2,057$1,741
20 years$4,486$3,628$2,911$2,320$1,838$1,538
21 years$4,228$3,379$2,678$2,105$1,645$1,361
22 years$3,993$3,154$2,468$1,914$1,474$1,207
23 years$3,779$2,950$2,279$1,743$1,323$1,071
24 years$3,583$2,764$2,107$1,590$1,189$952
25 years$3,403$2,594$1,952$1,452$1,070$847
26 years$3,237$2,438$1,810$1,328$964$754
27 years$3,084$2,294$1,681$1,215$869$672
28 years$2,942$2,162$1,563$1,114$784$599
29 years$2,810$2,040$1,454$1,021$708$535
30 years$2,687$1,926$1,355$937$640$477
31 years$2,572$1,821$1,263$861$579$426
32 years$2,465$1,723$1,178$791$523$381
33 years$2,364$1,632$1,100$727$474$341
34 years$2,269$1,546$1,028$669$429$305
35 years$2,180$1,467$961$616$388$272
36 years$2,096$1,392$899$567$352$244
37 years$2,017$1,322$841$523$319$218
38 years$1,943$1,257$788$482$289$195
39 years$1,872$1,195$738$444$262$175
40 years$1,805$1,137$692$410$238$157
41 years$1,741$1,082$649$378$216$140
42 years$1,681$1,031$609$349$196$126
43 years$1,623$982$571$322$178$113
44 years$1,568$936$536$297$161$101
45 years$1,516$893$503$275$146$90
46 years$1,466$852$473$254$133$81
47 years$1,419$813$444$234$121$73
48 years$1,374$776$417$217$110$65
49 years$1,330$741$392$200$100$58
50 years$1,289$708$369$185$90$52

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 $3,358 every year, while hoping to spend $25,349 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: 41/29/30 Blend
34$1,320,000$1,320,000$1,320,000$1,320,000
35$1,458,104$1,388,144$1,367,684$1,504,909
36$1,579,859$1,429,192$1,386,530$1,580,262
37$1,713,184$1,471,401$1,405,158$1,659,174
38$1,859,232$1,514,803$1,423,534$1,744,119
39$2,019,272$1,559,427$1,441,621$1,835,672
40$2,194,705$1,605,306$1,459,382$1,934,461
41$2,387,069$1,652,470$1,476,776$2,041,179
42$2,598,063$1,700,954$1,493,761$2,156,591
43$2,829,555$1,750,790$1,510,291$2,281,537
44$3,083,603$1,802,012$1,526,319$2,416,943
45$3,362,475$1,854,656$1,541,796$2,563,828
46$3,668,670$1,908,756$1,556,668$2,723,316
47$4,004,937$1,964,348$1,570,879$2,896,643
48$4,374,309$2,021,469$1,584,372$3,085,172
49$4,780,124$2,080,157$1,597,084$3,290,403
50$5,226,060$2,140,448$1,608,950$3,513,991
51$5,716,171$2,202,383$1,619,903$3,757,756
52$6,254,920$2,265,999$1,629,869$4,023,706
53$6,847,226$2,331,338$1,638,774$4,314,051
54$7,498,508$2,398,438$1,646,537$4,631,228
55$8,214,736$2,467,341$1,653,076$4,977,921
56$9,002,488$2,538,090$1,658,303$5,357,087
57$9,869,010$2,610,725$1,662,125$5,771,985
58$10,822,288$2,685,289$1,664,445$6,226,206
59$11,871,120$2,761,827$1,665,163$6,723,706
60$13,025,199$2,840,381$1,664,170$7,268,845
61$14,295,205$2,920,996$1,661,356$7,866,429
62$15,692,907$3,003,716$1,656,602$8,521,751
63$17,231,272$3,088,586$1,649,787$9,240,646
64$18,924,588$3,175,653$1,640,781$10,029,544
65$20,788,597$3,264,961$1,629,448$10,895,529
66$22,840,646$3,356,556$1,615,647$11,846,409
67$25,099,851$3,450,486$1,599,229$12,890,789
68$27,587,272$3,546,796$1,580,040$14,038,152
69$30,326,118$3,645,533$1,557,915$15,298,946
70$33,341,962$3,746,744$1,532,686$16,684,687
71$36,662,983$3,850,476$1,504,172$18,208,068
72$40,320,233$3,956,775$1,472,187$19,883,073
73$44,347,928$4,065,688$1,436,537$21,725,117
74$48,783,771$4,177,261$1,397,015$23,751,184
75$53,669,309$4,291,541$1,353,408$25,979,995
76$59,050,324$4,408,572$1,305,493$28,432,180
77$64,977,265$4,528,400$1,253,036$31,130,473
78$71,505,725$4,651,070$1,195,791$34,099,930
79$78,696,961$4,776,625$1,133,502$37,368,164
80$86,618,480$4,905,108$1,065,903$40,965,604
81$95,344,669$5,036,562$992,714$44,925,788
82$104,957,498$5,171,027$913,643$49,285,672
83$115,547,297$5,308,542$828,385$54,085,989
84$127,213,607$5,449,145$736,621$59,371,623
85$140,066,115$5,592,874$638,018$65,192,044
86$154,225,695$5,739,761$532,229$71,601,767
87$169,825,548$5,889,841$418,890$78,660,872
88$187,012,453$6,043,143$297,622$86,435,569
89$205,948,161$6,199,694$168,030$94,998,827
90$226,810,915$6,359,521$29,700$104,431,059
91$249,797,135$6,522,644$0$114,820,884
92$275,123,271$6,689,082$0$126,303,713
93$303,027,849$6,858,852$0$138,962,028
94$333,773,717$7,031,963$0$152,905,074
95$367,650,530$7,208,423$0$168,263,724
96$404,977,482$7,388,234$0$185,182,196
97$446,106,322$7,571,393$0$203,819,414
98$491,424,669$7,757,893$0$224,350,511
99$541,359,675$7,947,721$0$246,968,475
100$596,382,058$8,140,854$0$271,885,978