Can I retire at age 35 with 1,340,000?

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 $1,340,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.1%
1 years$110,656$109,670$108,709$107,770$106,853$103,766
2 years$54,780$53,760$52,771$51,813$50,883$47,796
3 years$36,157$35,133$34,146$33,197$32,282$29,294
4 years$26,848$25,826$24,850$23,916$23,024$20,157
5 years$21,263$20,248$19,285$18,370$17,502$14,764
6 years$17,542$16,534$15,585$14,691$13,849$11,242
7 years$14,885$13,885$12,951$12,078$11,263$8,787
8 years$12,893$11,902$10,983$10,132$9,344$6,998
9 years$11,344$10,363$9,460$8,630$7,869$5,651
10 years$10,106$9,135$8,248$7,439$6,705$4,611
11 years$9,093$8,132$7,261$6,474$5,766$3,794
12 years$8,250$7,299$6,444$5,679$4,997$3,142
13 years$7,538$6,596$5,757$5,014$4,357$2,615
14 years$6,927$5,996$5,173$4,451$3,820$2,186
15 years$6,399$5,477$4,670$3,969$3,363$1,834
16 years$5,937$5,025$4,234$3,554$2,972$1,543
17 years$5,529$4,628$3,853$3,193$2,635$1,301
18 years$5,168$4,276$3,517$2,878$2,343$1,099
19 years$4,845$3,963$3,220$2,600$2,089$930
20 years$4,554$3,683$2,955$2,355$1,866$788
21 years$4,292$3,430$2,718$2,137$1,670$669
22 years$4,053$3,202$2,505$1,943$1,496$568
23 years$3,836$2,995$2,313$1,770$1,343$483
24 years$3,637$2,806$2,139$1,614$1,207$411
25 years$3,455$2,633$1,981$1,474$1,086$350
26 years$3,286$2,475$1,838$1,348$979$298
27 years$3,131$2,329$1,706$1,234$882$254
28 years$2,987$2,195$1,586$1,130$796$216
29 years$2,853$2,071$1,476$1,037$719$184
30 years$2,728$1,955$1,375$951$650$157
31 years$2,611$1,849$1,282$874$587$134
32 years$2,502$1,749$1,196$803$531$114
33 years$2,400$1,656$1,117$738$481$98
34 years$2,304$1,570$1,043$679$435$83
35 years$2,213$1,489$976$625$394$71
36 years$2,128$1,413$913$576$357$61
37 years$2,048$1,342$854$531$324$52
38 years$1,972$1,276$800$489$294$44
39 years$1,900$1,213$749$451$266$38
40 years$1,832$1,154$702$416$241$32
41 years$1,767$1,099$659$384$219$27
42 years$1,706$1,046$618$354$199$23
43 years$1,648$997$580$327$180$20
44 years$1,592$950$544$302$164$17
45 years$1,539$906$511$279$149$15
46 years$1,489$864$480$258$135$12
47 years$1,441$825$451$238$123$11
48 years$1,394$788$424$220$111$9
49 years$1,350$752$398$203$101$8
50 years$1,308$718$374$188$92$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $1,340,000, adding $5,981 every year, while hoping to spend $53,347 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: 76/19/5 Blend
34$1,340,000$1,340,000$1,340,000$1,340,000
35$1,482,849$1,411,829$1,391,059$1,594,645
36$1,577,339$1,424,248$1,380,899$1,681,302
37$1,679,679$1,435,488$1,368,610$1,768,777
38$1,790,613$1,445,434$1,354,066$1,863,080
39$1,910,960$1,453,964$1,337,132$1,964,867
40$2,041,621$1,460,951$1,317,668$2,074,858
41$2,183,584$1,466,256$1,295,528$2,193,847
42$2,337,940$1,469,732$1,270,558$2,322,711
43$2,505,886$1,471,226$1,242,599$2,462,413
44$2,688,742$1,470,571$1,211,481$2,614,016
45$2,887,957$1,467,593$1,177,029$2,778,692
46$3,105,129$1,462,105$1,139,060$2,957,731
47$3,342,014$1,453,910$1,097,380$3,152,556
48$3,600,547$1,442,799$1,051,789$3,364,734
49$3,882,855$1,428,549$1,002,077$3,595,994
50$4,191,284$1,410,925$948,024$3,848,239
51$4,528,412$1,389,677$889,400$4,123,571
52$4,897,079$1,364,541$825,964$4,424,302
53$5,300,415$1,335,236$757,467$4,752,983
54$5,741,861$1,301,467$683,646$5,112,425
55$6,225,210$1,262,918$604,228$5,505,729
56$6,754,637$1,219,257$518,925$5,936,311
57$7,334,742$1,170,132$427,441$6,407,936
58$7,970,588$1,115,171$329,462$6,924,755
59$8,667,752$1,053,979$224,664$7,491,346
60$9,432,379$986,140$112,706$8,112,753
61$10,271,234$911,213$0$8,794,536
62$11,191,770$828,732$0$9,543,188
63$12,202,195$738,205$0$10,371,544
64$13,311,554$639,112$0$11,281,056
65$14,529,806$530,902$0$12,279,956
66$15,867,925$412,995$0$13,377,319
67$17,337,998$284,777$0$14,583,147
68$18,953,343$145,599$0$15,908,463
69$20,728,629$0$0$17,365,418
70$22,680,018$0$0$18,968,496
71$24,825,317$0$0$20,764,393
72$27,184,143$0$0$22,739,096
73$29,778,108$0$0$24,910,707
74$32,631,025$0$0$27,299,166
75$35,769,129$0$0$29,926,447
76$39,221,326$0$0$32,816,758
77$43,019,466$0$0$35,996,771
78$47,198,639$0$0$39,495,876
79$51,797,510$0$0$43,346,454
80$56,858,682$0$0$47,584,184
81$62,429,094$0$0$52,248,379
82$68,560,469$0$0$57,382,355
83$75,309,799$0$0$63,033,844
84$82,739,879$0$0$69,255,436
85$90,919,904$0$0$76,105,084
86$99,926,119$0$0$83,646,642
87$109,842,539$0$0$91,950,472
88$120,761,738$0$0$101,094,106
89$132,785,726$0$0$111,162,979
90$146,026,909$0$0$122,251,231
91$160,609,149$0$0$134,462,599
92$176,668,934$0$0$147,911,390
93$194,356,663$0$0$162,723,567
94$213,838,066$0$0$179,037,930
95$235,295,769$0$0$197,007,430
96$258,931,013$0$0$216,800,609
97$284,965,558$0$0$238,603,193
98$313,643,768$0$0$262,619,842
99$345,234,926$0$0$289,076,081
100$380,035,765$0$0$318,220,430