Can I retire at age 35 with 1,420,000?

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 $1,420,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.9%
1 years$117,262$116,218$115,199$114,204$113,233$108,740
2 years$58,051$56,969$55,922$54,906$53,920$49,450
3 years$38,316$37,230$36,185$35,179$34,209$29,902
4 years$28,451$27,368$26,333$25,344$24,398$20,286
5 years$22,533$21,457$20,436$19,467$18,547$14,641
6 years$18,589$17,521$16,515$15,568$14,676$10,978
7 years$15,773$14,714$13,724$12,799$11,935$8,445
8 years$13,662$12,613$11,639$10,737$9,902$6,615
9 years$12,021$10,982$10,025$9,145$8,339$5,251
10 years$10,709$9,680$8,740$7,883$7,105$4,210
11 years$9,636$8,617$7,694$6,861$6,110$3,401
12 years$8,743$7,735$6,829$6,018$5,295$2,765
13 years$7,988$6,990$6,101$5,313$4,617$2,258
14 years$7,341$6,354$5,482$4,716$4,048$1,851
15 years$6,781$5,804$4,949$4,206$3,564$1,522
16 years$6,291$5,325$4,487$3,766$3,150$1,255
17 years$5,860$4,904$4,083$3,384$2,793$1,037
18 years$5,476$4,532$3,727$3,049$2,483$858
19 years$5,134$4,200$3,412$2,755$2,213$711
20 years$4,826$3,903$3,132$2,496$1,977$590
21 years$4,548$3,635$2,880$2,265$1,769$490
22 years$4,295$3,393$2,655$2,059$1,586$407
23 years$4,065$3,174$2,451$1,875$1,424$338
24 years$3,855$2,974$2,267$1,711$1,280$281
25 years$3,661$2,791$2,100$1,562$1,151$234
26 years$3,483$2,623$1,947$1,428$1,037$195
27 years$3,318$2,468$1,808$1,307$935$162
28 years$3,165$2,326$1,681$1,198$844$135
29 years$3,023$2,194$1,564$1,098$762$113
30 years$2,891$2,072$1,457$1,008$688$94
31 years$2,767$1,959$1,358$926$622$78
32 years$2,651$1,854$1,267$851$563$65
33 years$2,543$1,755$1,183$782$509$54
34 years$2,441$1,664$1,106$720$461$45
35 years$2,346$1,578$1,034$663$418$38
36 years$2,255$1,498$967$610$379$32
37 years$2,170$1,422$905$562$343$26
38 years$2,090$1,352$848$518$311$22
39 years$2,014$1,285$794$478$282$18
40 years$1,941$1,223$744$441$256$15
41 years$1,873$1,164$698$407$232$13
42 years$1,808$1,109$655$375$211$11
43 years$1,746$1,056$614$347$191$9
44 years$1,687$1,007$577$320$173$7
45 years$1,631$960$541$295$158$6
46 years$1,578$916$509$273$143$5
47 years$1,527$874$478$252$130$4
48 years$1,478$835$449$233$118$4
49 years$1,431$797$422$215$107$3
50 years$1,386$761$397$199$97$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $1,420,000, adding $2,664 every year, while hoping to spend $25,972 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: 53/34/13 Blend
34$1,420,000$1,420,000$1,420,000$1,420,000
35$1,567,588$1,492,328$1,470,318$1,645,157
36$1,699,848$1,537,818$1,491,940$1,743,815
37$1,844,728$1,584,667$1,513,415$1,848,094
38$2,003,488$1,632,913$1,534,712$1,960,955
39$2,177,515$1,682,597$1,555,796$2,083,220
40$2,368,338$1,733,760$1,576,632$2,215,791
41$2,577,639$1,786,445$1,597,180$2,359,661
42$2,807,272$1,840,695$1,617,399$2,515,922
43$3,059,279$1,896,555$1,637,248$2,685,778
44$3,335,910$1,954,070$1,656,680$2,870,552
45$3,639,641$2,013,288$1,675,647$3,071,703
46$3,973,203$2,074,257$1,694,099$3,290,833
47$4,339,600$2,137,027$1,711,982$3,529,710
48$4,742,146$2,201,648$1,729,240$3,790,279
49$5,184,488$2,268,172$1,745,813$4,074,682
50$5,670,647$2,336,653$1,761,639$4,385,276
51$6,205,050$2,407,146$1,776,650$4,724,659
52$6,792,576$2,479,707$1,790,779$5,095,692
53$7,438,600$2,554,394$1,803,951$5,501,523
54$8,149,043$2,631,265$1,816,090$5,945,624
55$8,930,431$2,710,383$1,827,114$6,431,814
56$9,789,950$2,791,807$1,836,938$6,964,304
57$10,735,523$2,875,603$1,845,473$7,547,730
58$11,775,874$2,961,835$1,852,624$8,187,199
59$12,920,619$3,050,571$1,858,293$8,888,338
60$14,180,351$3,141,878$1,862,375$9,657,344
61$15,566,743$3,235,827$1,864,761$10,501,047
62$17,092,658$3,332,489$1,865,337$11,426,967
63$18,772,266$3,431,938$1,863,983$12,443,393
64$20,621,183$3,534,249$1,860,572$13,559,455
65$22,656,615$3,639,499$1,854,973$14,785,211
66$24,897,522$3,747,766$1,847,047$16,131,745
67$27,364,794$3,859,131$1,836,647$17,611,268
68$30,081,451$3,973,677$1,823,623$19,237,233
69$33,072,858$4,091,486$1,807,814$21,024,465
70$36,366,967$4,212,646$1,789,053$22,989,297
71$39,994,576$4,337,245$1,767,165$25,149,724
72$43,989,624$4,465,371$1,741,966$27,525,577
73$48,389,508$4,597,117$1,713,265$30,138,705
74$53,235,439$4,732,576$1,680,859$33,013,184
75$58,572,825$4,871,844$1,644,540$36,175,542
76$64,451,707$5,015,018$1,604,086$39,655,010
77$70,927,225$5,162,198$1,559,267$43,483,799
78$78,060,142$5,313,485$1,509,842$47,697,401
79$85,917,414$5,468,983$1,455,559$52,334,926
80$94,572,824$5,628,798$1,396,154$57,439,472
81$104,107,679$5,793,036$1,331,352$63,058,525
82$114,611,575$5,961,807$1,260,865$69,244,418
83$126,183,243$6,135,222$1,184,391$76,054,814
84$138,931,481$6,313,396$1,101,616$83,553,257
85$152,976,183$6,496,443$1,012,211$91,809,769
86$168,449,465$6,684,480$915,831$100,901,509
87$185,496,918$6,877,627$812,119$110,913,506
88$204,278,978$7,076,005$700,699$121,939,458
89$224,972,441$7,279,737$581,180$134,082,615
90$247,772,133$7,488,948$453,153$147,456,757
91$272,892,748$7,703,763$316,191$162,187,267
92$300,570,873$7,924,312$169,848$178,412,311
93$331,067,223$8,150,725$13,659$196,284,148
94$364,669,102$8,383,132$0$215,970,562
95$401,693,113$8,621,668$0$237,677,673
96$442,488,147$8,866,466$0$261,591,409
97$487,438,678$9,117,663$0$287,934,476
98$536,968,391$9,375,396$0$316,954,381
99$591,544,180$9,639,804$0$348,923,867
100$651,680,557$9,911,025$0$384,143,489