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

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 $1,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.7%
1 years$82,579$81,843$81,126$80,425$79,741$77,251
2 years$40,881$40,119$39,381$38,666$37,972$35,485
3 years$26,983$26,218$25,482$24,774$24,091$21,685
4 years$20,036$19,273$18,545$17,848$17,182$14,876
5 years$15,868$15,111$14,391$13,709$13,061$10,862
6 years$13,091$12,339$11,630$10,963$10,335$8,244
7 years$11,108$10,362$9,665$9,013$8,405$6,422
8 years$9,621$8,882$8,197$7,561$6,973$5,096
9 years$8,466$7,734$7,060$6,440$5,872$4,100
10 years$7,542$6,817$6,155$5,552$5,003$3,333
11 years$6,786$6,069$5,419$4,832$4,303$2,732
12 years$6,157$5,447$4,809$4,238$3,729$2,253
13 years$5,625$4,922$4,296$3,742$3,252$1,868
14 years$5,170$4,474$3,860$3,321$2,850$1,555
15 years$4,775$4,087$3,485$2,962$2,510$1,299
16 years$4,430$3,750$3,160$2,652$2,218$1,088
17 years$4,126$3,454$2,875$2,383$1,967$914
18 years$3,857$3,191$2,625$2,148$1,749$769
19 years$3,615$2,958$2,403$1,940$1,559$647
20 years$3,399$2,748$2,205$1,757$1,392$546
21 years$3,203$2,560$2,029$1,595$1,246$461
22 years$3,025$2,390$1,870$1,450$1,117$390
23 years$2,863$2,235$1,726$1,321$1,002$330
24 years$2,714$2,094$1,596$1,205$901$279
25 years$2,578$1,965$1,479$1,100$811$237
26 years$2,453$1,847$1,371$1,006$730$200
27 years$2,336$1,738$1,273$921$658$170
28 years$2,229$1,638$1,184$844$594$144
29 years$2,129$1,545$1,102$774$537$122
30 years$2,036$1,459$1,026$710$485$104
31 years$1,949$1,380$957$652$438$88
32 years$1,867$1,305$893$599$396$75
33 years$1,791$1,236$833$551$359$63
34 years$1,719$1,172$779$507$325$54
35 years$1,652$1,111$728$467$294$46
36 years$1,588$1,055$681$430$267$39
37 years$1,528$1,002$637$396$242$33
38 years$1,472$952$597$365$219$28
39 years$1,418$905$559$337$199$24
40 years$1,367$861$524$310$180$20
41 years$1,319$820$492$286$163$17
42 years$1,273$781$461$264$148$15
43 years$1,230$744$433$244$135$12
44 years$1,188$709$406$225$122$11
45 years$1,149$676$381$208$111$9
46 years$1,111$645$358$192$101$8
47 years$1,075$616$336$178$91$6
48 years$1,041$588$316$164$83$5
49 years$1,008$561$297$152$75$5
50 years$976$536$279$140$69$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $1,000,000, adding $6,979 every year, while hoping to spend $30,600 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: 52/43/5 Blend
34$1,000,000$1,000,000$1,000,000$1,000,000
35$1,109,199$1,056,199$1,040,699$1,165,267
36$1,189,779$1,075,394$1,043,004$1,223,234
37$1,277,553$1,094,505$1,044,361$1,282,300
38$1,373,221$1,113,494$1,044,705$1,345,785
39$1,477,557$1,132,322$1,043,970$1,414,111
40$1,591,410$1,150,948$1,042,085$1,487,742
41$1,715,714$1,169,325$1,038,975$1,567,190
42$1,851,500$1,187,405$1,034,564$1,653,019
43$1,999,900$1,205,135$1,028,769$1,745,850
44$2,162,163$1,222,460$1,021,506$1,846,370
45$2,339,663$1,239,319$1,012,686$1,955,333
46$2,533,912$1,255,649$1,002,214$2,073,572
47$2,746,575$1,271,381$989,993$2,202,008
48$2,979,488$1,286,440$975,919$2,341,651
49$3,234,670$1,300,750$959,887$2,493,619
50$3,514,345$1,314,226$941,782$2,659,144
51$3,820,965$1,326,779$921,488$2,839,583
52$4,157,226$1,338,314$898,881$3,036,433
53$4,526,101$1,348,730$873,832$3,251,345
54$4,930,865$1,357,919$846,206$3,486,139
55$5,375,121$1,365,765$815,862$3,742,823
56$5,862,843$1,372,147$782,653$4,023,610
57$6,398,406$1,376,935$746,425$4,330,941
58$6,986,629$1,379,991$707,016$4,667,507
59$7,632,822$1,381,167$664,257$5,036,276
60$8,342,833$1,380,308$617,974$5,440,520
61$9,123,107$1,377,247$567,980$5,883,848
62$9,980,741$1,371,810$514,085$6,370,238
63$10,923,558$1,363,810$456,088$6,904,078
64$11,960,172$1,353,048$393,778$7,490,205
65$13,100,077$1,339,314$326,937$8,133,952
66$14,353,731$1,322,387$255,336$8,841,202
67$15,732,657$1,302,030$178,735$9,618,438
68$17,249,552$1,277,993$96,886$10,472,811
69$18,918,403$1,250,011$9,529$11,412,203
70$20,754,622$1,217,804$0$12,445,306
71$22,775,192$1,181,075$0$13,586,168
72$24,998,824$1,139,510$0$14,841,722
73$27,446,134$1,092,775$0$16,223,124
74$30,139,838$1,040,520$0$17,743,231
75$33,104,968$982,372$0$19,416,220
76$36,369,103$917,936$0$21,257,718
77$39,962,634$846,797$0$23,284,952
78$43,919,047$768,515$0$25,516,913
79$48,275,241$682,624$0$27,974,534
80$53,071,876$588,633$0$30,680,895
81$58,353,753$486,021$0$33,661,433
82$64,170,240$374,241$0$36,944,192
83$70,575,738$252,712$0$40,560,084
84$77,630,191$120,823$0$44,543,183
85$85,399,654$0$0$48,931,049
86$93,956,914$0$0$53,775,530
87$103,382,179$0$0$59,174,519
88$113,763,833$0$0$65,121,493
89$125,199,272$0$0$71,672,260
90$137,795,818$0$0$78,888,319
91$151,671,738$0$0$86,837,439
92$166,957,355$0$0$95,594,298
93$183,796,281$0$0$105,241,189
94$202,346,770$0$0$115,868,796
95$222,783,211$0$0$127,577,049
96$245,297,777$0$0$140,476,066
97$270,102,235$0$0$154,687,198
98$297,429,947$0$0$170,344,166
99$327,538,069$0$0$187,594,329
100$360,709,984$0$0$206,600,073