Can I retire at age 35 with 1,050,000?

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 $1,050,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.7%
1 years$86,708$85,936$85,182$84,447$83,728$82,443
2 years$42,925$42,125$41,351$40,599$39,871$38,579
3 years$28,332$27,529$26,757$26,012$25,296$24,038
4 years$21,037$20,237$19,472$18,740$18,041$16,826
5 years$16,662$15,866$15,111$14,394$13,715$12,547
6 years$13,745$12,956$12,212$11,511$10,852$9,732
7 years$11,663$10,880$10,148$9,464$8,825$7,755
8 years$10,102$9,326$8,606$7,939$7,322$6,299
9 years$8,889$8,120$7,413$6,762$6,166$5,191
10 years$7,919$7,158$6,463$5,829$5,254$4,326
11 years$7,125$6,372$5,690$5,073$4,518$3,637
12 years$6,465$5,719$5,049$4,450$3,915$3,079
13 years$5,906$5,168$4,511$3,929$3,414$2,622
14 years$5,428$4,698$4,053$3,487$2,993$2,243
15 years$5,014$4,292$3,660$3,110$2,635$1,927
16 years$4,652$3,938$3,318$2,785$2,329$1,661
17 years$4,333$3,626$3,019$2,502$2,065$1,435
18 years$4,049$3,351$2,756$2,255$1,836$1,243
19 years$3,796$3,106$2,523$2,037$1,637$1,079
20 years$3,569$2,886$2,316$1,845$1,462$938
21 years$3,363$2,688$2,130$1,675$1,308$817
22 years$3,176$2,509$1,963$1,523$1,173$712
23 years$3,006$2,347$1,813$1,387$1,053$622
24 years$2,850$2,199$1,676$1,265$946$543
25 years$2,707$2,063$1,553$1,155$851$475
26 years$2,575$1,939$1,440$1,056$767$416
27 years$2,453$1,825$1,337$967$691$364
28 years$2,340$1,720$1,243$886$624$319
29 years$2,235$1,622$1,157$812$563$280
30 years$2,137$1,532$1,077$745$509$245
31 years$2,046$1,448$1,004$685$460$215
32 years$1,961$1,371$937$629$416$189
33 years$1,880$1,298$875$579$377$166
34 years$1,805$1,230$818$532$341$145
35 years$1,734$1,167$764$490$309$128
36 years$1,668$1,107$715$451$280$112
37 years$1,605$1,052$669$416$254$99
38 years$1,545$1,000$627$383$230$87
39 years$1,489$951$587$353$209$76
40 years$1,436$904$550$326$189$67
41 years$1,385$861$516$301$172$59
42 years$1,337$820$484$278$156$52
43 years$1,291$781$454$256$141$45
44 years$1,248$745$426$237$128$40
45 years$1,206$710$400$218$116$35
46 years$1,167$677$376$202$106$31
47 years$1,129$646$353$186$96$27
48 years$1,093$617$332$172$87$24
49 years$1,058$589$312$159$79$21
50 years$1,025$563$293$147$72$18

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $1,050,000, adding $3,518 every year, while hoping to spend $23,948 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: 57/25/18 Blend
34$1,050,000$1,050,000$1,050,000$1,050,000
35$1,160,729$1,105,079$1,088,804$1,221,180
36$1,253,643$1,133,747$1,099,798$1,291,331
37$1,355,231$1,163,018$1,110,358$1,364,845
38$1,466,354$1,192,895$1,120,444$1,444,420
39$1,587,957$1,223,381$1,130,014$1,530,644
40$1,721,082$1,254,481$1,139,024$1,624,165
41$1,866,878$1,286,196$1,147,426$1,725,695
42$2,026,608$1,318,528$1,155,173$1,836,020
43$2,201,663$1,351,477$1,162,213$1,956,003
44$2,393,577$1,385,043$1,168,491$2,086,599
45$2,604,037$1,419,226$1,173,951$2,228,856
46$2,834,903$1,454,023$1,178,533$2,383,931
47$3,088,223$1,489,430$1,182,174$2,553,098
48$3,366,253$1,525,442$1,184,807$2,737,760
49$3,671,477$1,562,056$1,186,365$2,939,465
50$4,006,633$1,599,262$1,186,773$3,159,914
51$4,374,736$1,637,051$1,185,956$3,400,988
52$4,779,107$1,675,415$1,183,834$3,664,753
53$5,223,406$1,714,340$1,180,322$3,953,490
54$5,711,663$1,753,813$1,175,333$4,269,712
55$6,248,320$1,793,817$1,168,774$4,616,185
56$6,838,269$1,834,334$1,160,548$4,995,962
57$7,486,900$1,875,344$1,150,554$5,412,403
58$8,200,152$1,916,824$1,138,686$5,869,213
59$8,984,568$1,958,749$1,124,832$6,370,475
60$9,847,357$2,001,090$1,108,877$6,920,688
61$10,796,460$2,043,817$1,090,697$7,524,810
62$11,840,629$2,086,894$1,070,165$8,188,305
63$12,989,505$2,130,284$1,047,148$8,917,194
64$14,253,713$2,173,946$1,021,505$9,718,115
65$15,644,957$2,217,834$993,091$10,598,381
66$17,176,135$2,261,900$961,752$11,566,053
67$18,861,457$2,306,090$927,328$12,630,012
68$20,716,584$2,350,347$889,651$13,800,048
69$22,758,768$2,394,606$848,547$15,086,952
70$25,007,021$2,438,801$803,832$16,502,612
71$27,482,292$2,482,857$755,315$18,060,133
72$30,207,664$2,526,695$702,797$19,773,957
73$33,208,573$2,570,231$646,068$21,659,998
74$36,513,046$2,613,370$584,909$23,735,799
75$40,151,967$2,656,016$519,094$26,020,691
76$44,159,367$2,698,060$448,383$28,535,977
77$48,572,747$2,739,390$372,529$31,305,137
78$53,433,430$2,779,882$291,271$34,354,047
79$58,786,949$2,819,405$204,337$37,711,225
80$64,683,481$2,857,820$111,446$41,408,099
81$71,178,318$2,894,975$12,302$45,479,306
82$78,332,388$2,930,710$0$49,963,018
83$86,212,830$2,964,853$0$54,919,261
84$94,893,629$2,997,221$0$60,380,129
85$104,456,312$3,027,619$0$66,394,415
86$114,990,721$3,055,837$0$73,018,497
87$126,595,856$3,081,654$0$80,314,502
88$139,380,810$3,104,832$0$88,350,894
89$153,465,804$3,125,120$0$97,203,121
90$168,983,314$3,142,249$0$106,954,326
91$186,079,325$3,155,932$0$117,696,134
92$204,914,711$3,165,868$0$129,529,514
93$225,666,748$3,171,732$0$142,565,737
94$248,530,791$3,173,181$0$156,927,422
95$273,722,116$3,169,852$0$172,749,696
96$301,477,954$3,161,356$0$190,181,472
97$332,059,727$3,147,284$0$209,386,851
98$365,755,518$3,127,200$0$230,546,674
99$402,882,790$3,100,641$0$253,860,232
100$443,791,379$3,067,118$0$279,547,141