Can I retire at age 35 with 1,470,000?

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 $1,470,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.6%
1 years$121,391$120,310$119,255$118,225$117,220$115,947
2 years$60,095$58,975$57,891$56,839$55,819$54,538
3 years$39,665$38,541$37,459$36,417$35,414$34,164
4 years$29,452$28,332$27,261$26,237$25,257$24,048
5 years$23,326$22,212$21,155$20,152$19,200$18,035
6 years$19,244$18,138$17,097$16,116$15,193$14,073
7 years$16,329$15,232$14,207$13,250$12,356$11,282
8 years$14,143$13,057$12,049$11,115$10,250$9,223
9 years$12,444$11,368$10,378$9,467$8,632$7,650
10 years$11,086$10,021$9,048$8,161$7,355$6,418
11 years$9,976$8,921$7,965$7,103$6,326$5,433
12 years$9,051$8,007$7,069$6,230$5,482$4,632
13 years$8,269$7,236$6,316$5,500$4,780$3,973
14 years$7,599$6,577$5,675$4,882$4,190$3,424
15 years$7,020$6,008$5,124$4,354$3,689$2,963
16 years$6,513$5,513$4,645$3,899$3,261$2,573
17 years$6,066$5,077$4,227$3,503$2,891$2,241
18 years$5,669$4,691$3,859$3,157$2,571$1,957
19 years$5,315$4,348$3,532$2,852$2,291$1,712
20 years$4,996$4,040$3,242$2,583$2,047$1,501
21 years$4,708$3,763$2,982$2,345$1,831$1,318
22 years$4,447$3,513$2,748$2,132$1,642$1,159
23 years$4,208$3,286$2,538$1,942$1,474$1,020
24 years$3,990$3,078$2,347$1,771$1,325$899
25 years$3,790$2,889$2,174$1,617$1,192$793
26 years$3,605$2,715$2,016$1,479$1,074$700
27 years$3,435$2,555$1,872$1,353$968$618
28 years$3,276$2,408$1,740$1,240$873$546
29 years$3,129$2,271$1,619$1,137$789$483
30 years$2,992$2,145$1,508$1,044$713$428
31 years$2,864$2,028$1,406$958$644$378
32 years$2,745$1,919$1,312$881$583$335
33 years$2,633$1,817$1,225$810$527$297
34 years$2,527$1,722$1,145$745$478$263
35 years$2,428$1,633$1,070$686$433$233
36 years$2,335$1,550$1,001$632$392$207
37 years$2,247$1,473$937$582$355$183
38 years$2,163$1,399$877$537$322$163
39 years$2,084$1,331$822$495$292$144
40 years$2,010$1,266$771$456$265$128
41 years$1,939$1,205$723$421$240$113
42 years$1,872$1,148$678$389$218$101
43 years$1,808$1,094$636$359$198$89
44 years$1,747$1,042$597$331$180$79
45 years$1,689$994$561$306$163$70
46 years$1,633$948$526$283$148$62
47 years$1,580$905$495$261$134$55
48 years$1,530$864$465$241$122$49
49 years$1,481$825$437$223$111$44
50 years$1,435$788$411$206$101$39

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $1,470,000, adding $6,613 every year, while hoping to spend $54,749 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: 55/31/14 Blend
34$1,470,000$1,470,000$1,470,000$1,470,000
35$1,626,761$1,548,851$1,526,066$1,709,939
36$1,734,438$1,566,493$1,518,937$1,784,852
37$1,851,264$1,583,163$1,509,734$1,859,889
38$1,978,112$1,598,758$1,498,330$1,940,337
39$2,115,947$1,613,164$1,484,591$2,026,724
40$2,265,827$1,626,263$1,468,379$2,119,633
41$2,428,918$1,637,926$1,449,545$2,219,708
42$2,606,501$1,648,018$1,427,939$2,327,659
43$2,799,987$1,656,394$1,403,398$2,444,272
44$3,010,929$1,662,901$1,375,755$2,570,413
45$3,241,036$1,667,375$1,344,835$2,707,041
46$3,492,188$1,669,642$1,310,452$2,855,210
47$3,766,454$1,669,518$1,272,416$3,016,090
48$4,066,115$1,666,807$1,230,525$3,190,968
49$4,393,680$1,661,301$1,184,568$3,381,267
50$4,751,909$1,652,779$1,134,325$3,588,558
51$5,143,846$1,641,007$1,079,567$3,814,574
52$5,572,838$1,625,736$1,020,052$4,061,231
53$6,042,573$1,606,703$955,530$4,330,642
54$6,557,112$1,583,628$885,737$4,625,138
55$7,120,928$1,556,216$810,399$4,947,296
56$7,738,945$1,524,153$729,230$5,299,956
57$8,416,588$1,487,107$641,929$5,686,256
58$9,159,830$1,444,726$548,185$6,109,657
59$9,975,253$1,396,638$447,669$6,573,980
60$10,870,105$1,342,449$340,042$7,083,439
61$11,852,369$1,281,742$224,947$7,642,689
62$12,930,839$1,214,076$102,011$8,256,861
63$14,115,204$1,138,985$0$8,931,619
64$15,416,134$1,055,975$0$9,677,573
65$16,845,387$964,525$0$10,513,804
66$18,415,913$864,083$0$11,432,727
67$20,141,979$754,066$0$12,442,800
68$22,039,305$633,860$0$13,553,350
69$24,125,209$502,813$0$14,774,660
70$26,418,767$360,238$0$16,118,072
71$28,941,002$205,410$0$17,596,088
72$31,715,072$37,563$0$19,222,495
73$34,766,492$0$0$21,012,497
74$38,123,376$0$0$23,032,014
75$41,816,700$0$0$25,268,189
76$45,880,592$0$0$27,728,891
77$50,352,657$0$0$30,436,910
78$55,274,327$0$0$33,417,357
79$60,691,258$0$0$36,697,900
80$66,653,753$0$0$40,309,025
81$73,217,240$0$0$44,284,325
82$80,442,793$0$0$48,660,815
83$88,397,711$0$0$53,479,281
84$97,156,148$0$0$58,784,664
85$106,799,815$0$0$64,626,488
86$117,418,748$0$0$71,059,319
87$129,112,161$0$0$78,143,289
88$141,989,378$0$0$85,944,655
89$156,170,867$0$0$94,536,430
90$171,789,372$0$0$103,999,065
91$188,991,170$0$0$114,421,218
92$207,937,450$0$0$125,900,578
93$228,805,829$0$0$138,544,798
94$251,792,033$0$0$152,472,503
95$277,111,743$0$0$167,814,411
96$305,002,627$0$0$184,714,571
97$335,726,583$0$0$203,331,714
98$369,572,214$0$0$223,840,757
99$406,857,547$0$0$246,434,454
100$447,933,037$0$0$271,325,208