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%17.2%
1 years$117,262$116,218$115,199$114,204$113,233$109,916
2 years$58,051$56,969$55,922$54,906$53,920$50,606
3 years$38,316$37,230$36,185$35,179$34,209$31,001
4 years$28,451$27,368$26,333$25,344$24,398$21,321
5 years$22,533$21,457$20,436$19,467$18,547$15,608
6 years$18,589$17,521$16,515$15,568$14,676$11,878
7 years$15,773$14,714$13,724$12,799$11,935$9,280
8 years$13,662$12,613$11,639$10,737$9,902$7,386
9 years$12,021$10,982$10,025$9,145$8,339$5,960
10 years$10,709$9,680$8,740$7,883$7,105$4,861
11 years$9,636$8,617$7,694$6,861$6,110$3,996
12 years$8,743$7,735$6,829$6,018$5,295$3,307
13 years$7,988$6,990$6,101$5,313$4,617$2,751
14 years$7,341$6,354$5,482$4,716$4,048$2,298
15 years$6,781$5,804$4,949$4,206$3,564$1,927
16 years$6,291$5,325$4,487$3,766$3,150$1,620
17 years$5,860$4,904$4,083$3,384$2,793$1,365
18 years$5,476$4,532$3,727$3,049$2,483$1,152
19 years$5,134$4,200$3,412$2,755$2,213$975
20 years$4,826$3,903$3,132$2,496$1,977$825
21 years$4,548$3,635$2,880$2,265$1,769$700
22 years$4,295$3,393$2,655$2,059$1,586$594
23 years$4,065$3,174$2,451$1,875$1,424$504
24 years$3,855$2,974$2,267$1,711$1,280$429
25 years$3,661$2,791$2,100$1,562$1,151$364
26 years$3,483$2,623$1,947$1,428$1,037$310
27 years$3,318$2,468$1,808$1,307$935$264
28 years$3,165$2,326$1,681$1,198$844$225
29 years$3,023$2,194$1,564$1,098$762$191
30 years$2,891$2,072$1,457$1,008$688$163
31 years$2,767$1,959$1,358$926$622$139
32 years$2,651$1,854$1,267$851$563$118
33 years$2,543$1,755$1,183$782$509$101
34 years$2,441$1,664$1,106$720$461$86
35 years$2,346$1,578$1,034$663$418$73
36 years$2,255$1,498$967$610$379$63
37 years$2,170$1,422$905$562$343$53
38 years$2,090$1,352$848$518$311$46
39 years$2,014$1,285$794$478$282$39
40 years$1,941$1,223$744$441$256$33
41 years$1,873$1,164$698$407$232$28
42 years$1,808$1,109$655$375$211$24
43 years$1,746$1,056$614$347$191$21
44 years$1,687$1,007$577$320$173$18
45 years$1,631$960$541$295$158$15
46 years$1,578$916$509$273$143$13
47 years$1,527$874$478$252$130$11
48 years$1,478$835$449$233$118$9
49 years$1,431$797$422$215$107$8
50 years$1,386$761$397$199$97$7

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 $2,892 every year, while hoping to spend $40,216 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: 73/11/16 Blend
34$1,420,000$1,420,000$1,420,000$1,420,000
35$1,567,823$1,492,563$1,470,553$1,676,394
36$1,684,952$1,522,909$1,477,027$1,779,092
37$1,812,679$1,553,394$1,482,370$1,886,360
38$1,952,045$1,583,983$1,486,502$2,002,805
39$2,104,192$1,614,636$1,489,338$2,129,329
40$2,270,378$1,645,312$1,490,789$2,266,925
41$2,451,989$1,675,966$1,490,764$2,416,688
42$2,650,551$1,706,547$1,489,164$2,579,821
43$2,867,743$1,737,003$1,485,886$2,757,654
44$3,105,414$1,767,277$1,480,824$2,951,649
45$3,365,599$1,797,307$1,473,865$3,163,420
46$3,650,542$1,827,027$1,464,891$3,394,742
47$3,962,711$1,856,364$1,453,778$3,647,573
48$4,304,825$1,885,244$1,440,397$3,924,072
49$4,679,879$1,913,583$1,424,613$4,226,614
50$5,091,172$1,941,293$1,406,282$4,557,821
51$5,542,335$1,968,281$1,385,257$4,920,579
52$6,037,371$1,994,445$1,361,381$5,318,069
53$6,580,687$2,019,676$1,334,491$5,753,799
54$7,177,137$2,043,861$1,304,417$6,231,631
55$7,832,070$2,066,875$1,270,980$6,755,826
56$8,551,376$2,088,587$1,233,992$7,331,075
57$9,341,545$2,108,856$1,193,260$7,962,551
58$10,209,727$2,127,534$1,148,577$8,655,955
59$11,163,795$2,144,459$1,099,732$9,417,569
60$12,212,429$2,159,464$1,046,499$10,254,315
61$13,365,185$2,172,367$988,645$11,173,826
62$14,632,596$2,182,975$925,927$12,184,509
63$16,026,264$2,191,084$858,089$13,295,635
64$17,558,972$2,196,476$784,864$14,517,416
65$19,244,805$2,198,920$705,974$15,861,111
66$21,099,279$2,198,171$621,128$17,339,127
67$23,139,491$2,193,968$530,022$18,965,138
68$25,384,280$2,186,033$432,339$20,754,213
69$27,854,401$2,174,073$327,747$22,722,961
70$30,572,724$2,157,777$215,900$24,889,687
71$33,564,447$2,136,813$96,437$27,274,564
72$36,857,334$2,110,830$0$29,899,826
73$40,481,979$2,079,458$0$32,795,277
74$44,472,092$2,042,302$0$36,000,536
75$48,864,816$1,998,946$0$39,528,953
76$53,701,081$1,948,947$0$43,413,402
77$59,025,983$1,891,838$0$47,690,110
78$64,889,219$1,827,124$0$52,398,996
79$71,345,546$1,754,280$0$57,584,050
80$78,455,304$1,672,751$0$63,293,748
81$86,284,981$1,581,952$0$69,581,510
82$94,907,843$1,481,262$0$76,506,203
83$104,404,624$1,370,025$0$84,132,698
84$114,864,286$1,247,546$0$92,532,481
85$126,384,861$1,113,093$0$101,784,329
86$139,074,373$965,892$0$111,975,055
87$153,051,861$805,122$0$123,200,324
88$168,448,498$629,920$0$135,565,561
89$185,408,830$439,371$0$149,186,940
90$204,092,141$232,511$0$164,192,488
91$224,673,956$8,321$0$180,723,289
92$247,347,695$0$0$198,934,817
93$272,326,501$0$0$219,026,763
94$299,845,249$0$0$241,162,951
95$330,162,765$0$0$265,550,587
96$363,564,266$0$0$292,419,116
97$400,364,055$0$0$322,021,380
98$440,908,484$0$0$354,636,004
99$485,579,225$0$0$390,570,025
100$534,796,870$0$0$430,161,792