Can I retire at age 35 with 1,200,000?

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 $1,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.5%
1 years$99,095$98,212$97,351$96,510$95,690$95,087
2 years$49,057$48,143$47,258$46,399$45,567$44,958
3 years$32,380$31,462$30,579$29,728$28,909$28,315
4 years$24,043$23,128$22,254$21,418$20,618$20,042
5 years$19,042$18,133$17,270$16,451$15,674$15,117
6 years$15,709$14,807$13,956$13,156$12,402$11,866
7 years$13,329$12,435$11,598$10,816$10,086$9,571
8 years$11,546$10,659$9,836$9,073$8,367$7,873
9 years$10,159$9,280$8,472$7,729$7,047$6,573
10 years$9,050$8,180$7,386$6,662$6,004$5,551
11 years$8,143$7,282$6,502$5,798$5,164$4,731
12 years$7,388$6,536$5,771$5,086$4,475$4,062
13 years$6,750$5,907$5,156$4,490$3,902$3,508
14 years$6,204$5,369$4,632$3,986$3,421$3,046
15 years$5,730$4,905$4,182$3,554$3,012$2,655
16 years$5,316$4,500$3,792$3,183$2,662$2,323
17 years$4,952$4,144$3,451$2,860$2,360$2,039
18 years$4,628$3,830$3,150$2,577$2,098$1,794
19 years$4,339$3,549$2,884$2,329$1,870$1,582
20 years$4,078$3,298$2,646$2,109$1,671$1,398
21 years$3,843$3,072$2,434$1,914$1,495$1,238
22 years$3,630$2,868$2,244$1,740$1,340$1,097
23 years$3,435$2,682$2,071$1,585$1,203$974
24 years$3,257$2,513$1,916$1,446$1,081$866
25 years$3,094$2,358$1,774$1,320$973$770
26 years$2,943$2,216$1,646$1,207$876$686
27 years$2,804$2,086$1,528$1,105$790$611
28 years$2,675$1,966$1,421$1,012$713$545
29 years$2,555$1,854$1,322$928$644$486
30 years$2,443$1,751$1,231$852$582$434
31 years$2,338$1,655$1,148$782$526$388
32 years$2,241$1,566$1,071$719$476$346
33 years$2,149$1,483$1,000$661$431$310
34 years$2,063$1,406$934$608$390$277
35 years$1,982$1,333$874$560$353$248
36 years$1,906$1,266$817$516$320$222
37 years$1,834$1,202$765$475$290$198
38 years$1,766$1,142$716$438$263$178
39 years$1,702$1,086$671$404$238$159
40 years$1,641$1,034$629$373$216$142
41 years$1,583$984$590$344$196$128
42 years$1,528$937$553$317$178$114
43 years$1,476$893$519$293$162$102
44 years$1,426$851$487$270$147$92
45 years$1,378$811$458$250$133$82
46 years$1,333$774$430$231$121$74
47 years$1,290$739$404$213$110$66
48 years$1,249$705$379$197$100$59
49 years$1,209$673$357$182$91$53
50 years$1,172$643$335$168$82$48

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $1,200,000, adding $2,674 every year, while hoping to spend $28,895 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: 57/13/30 Blend
34$1,200,000$1,200,000$1,200,000$1,200,000
35$1,325,158$1,261,558$1,242,958$1,389,597
36$1,429,580$1,292,631$1,253,853$1,465,302
37$1,543,685$1,324,257$1,264,145$1,544,552
38$1,668,429$1,356,434$1,273,782$1,630,359
39$1,804,867$1,389,158$1,282,712$1,723,370
40$1,954,159$1,422,422$1,290,878$1,824,293
41$2,117,582$1,456,219$1,298,222$1,933,913
42$2,296,544$1,490,542$1,304,680$2,053,093
43$2,492,593$1,525,380$1,310,188$2,182,785
44$2,707,436$1,560,722$1,314,678$2,324,038
45$2,942,951$1,596,554$1,318,077$2,478,008
46$3,201,209$1,632,862$1,320,309$2,645,969
47$3,484,489$1,669,629$1,321,296$2,829,326
48$3,795,301$1,706,835$1,320,954$3,029,629
49$4,136,410$1,744,459$1,319,195$3,248,584
50$4,510,864$1,782,477$1,315,927$3,488,072
51$4,922,017$1,820,863$1,311,056$3,750,170
52$5,373,565$1,859,588$1,304,479$4,037,162
53$5,869,581$1,898,620$1,296,091$4,351,570
54$6,414,549$1,937,923$1,285,781$4,696,172
55$7,013,412$1,977,460$1,273,433$5,074,031
56$7,671,613$2,017,189$1,258,926$5,488,523
57$8,395,149$2,057,063$1,242,132$5,943,371
58$9,190,629$2,097,034$1,222,918$6,442,675
59$10,065,332$2,137,048$1,201,145$6,990,960
60$11,027,278$2,177,045$1,176,666$7,593,209
61$12,085,305$2,216,964$1,149,328$8,254,917
62$13,249,147$2,256,736$1,118,971$8,982,141
63$14,529,531$2,296,288$1,085,428$9,781,558
64$15,938,278$2,335,541$1,048,525$10,660,526
65$17,488,409$2,374,409$1,008,077$11,627,156
66$19,194,273$2,412,801$963,894$12,690,392
67$21,071,679$2,450,619$915,775$13,860,087
68$23,138,048$2,487,757$863,511$15,147,105
69$25,412,574$2,524,102$806,883$16,563,419
70$27,916,406$2,559,533$745,664$18,122,228
71$30,672,850$2,593,920$679,613$19,838,078
72$33,707,583$2,627,125$608,483$21,727,003
73$37,048,901$2,658,999$532,012$23,806,676
74$40,727,983$2,689,383$449,928$26,096,576
75$44,779,184$2,718,110$361,948$28,618,171
76$49,240,362$2,744,998$267,774$31,395,125
77$54,153,231$2,769,855$167,096$34,453,519
78$59,563,759$2,792,477$59,593$37,822,099
79$65,522,598$2,812,644$0$41,532,547
80$72,085,564$2,830,124$0$45,637,431
81$79,314,162$2,844,670$0$50,179,094
82$87,276,166$2,856,019$0$55,180,974
83$96,046,262$2,863,890$0$60,689,945
84$105,706,747$2,867,987$0$66,757,662
85$116,348,310$2,867,994$0$73,441,043
86$128,070,886$2,863,574$0$80,802,817
87$140,984,599$2,854,371$0$88,912,107
88$155,210,800$2,840,008$0$97,845,085
89$170,883,217$2,820,083$0$107,685,695
90$188,149,208$2,794,171$0$118,526,442
91$207,171,162$2,761,819$0$130,469,262
92$228,128,023$2,722,551$0$143,626,494
93$251,216,983$2,675,859$0$158,121,932
94$276,655,345$2,621,205$0$174,091,995
95$304,682,568$2,558,022$0$191,687,021
96$335,562,532$2,485,707$0$211,072,678
97$369,586,026$2,403,622$0$232,431,535
98$407,073,493$2,311,092$0$255,964,783
99$448,378,058$2,207,404$0$281,894,132
100$493,888,855$2,091,802$0$310,463,910