Can I retire at age 35 with 1,210,000?

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 $1,210,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.8%
1 years$99,921$99,031$98,162$97,315$96,487$94,578
2 years$49,466$48,544$47,652$46,786$45,946$44,031
3 years$32,650$31,724$30,834$29,976$29,150$27,288
4 years$24,243$23,321$22,439$21,596$20,790$18,996
5 years$19,201$18,284$17,414$16,588$15,804$14,083
6 years$15,840$14,930$14,073$13,265$12,505$10,859
7 years$13,441$12,538$11,695$10,906$10,170$8,599
8 years$11,642$10,748$9,918$9,149$8,437$6,941
9 years$10,243$9,358$8,542$7,793$7,105$5,683
10 years$9,125$8,248$7,447$6,718$6,054$4,704
11 years$8,211$7,343$6,557$5,846$5,207$3,927
12 years$7,450$6,591$5,819$5,128$4,512$3,302
13 years$6,806$5,956$5,199$4,527$3,935$2,791
14 years$6,255$5,414$4,671$4,019$3,449$2,370
15 years$5,778$4,946$4,217$3,584$3,037$2,021
16 years$5,361$4,538$3,824$3,209$2,684$1,728
17 years$4,993$4,179$3,479$2,883$2,380$1,482
18 years$4,667$3,862$3,176$2,599$2,116$1,273
19 years$4,375$3,579$2,908$2,348$1,886$1,096
20 years$4,112$3,326$2,668$2,127$1,685$945
21 years$3,875$3,098$2,455$1,930$1,508$816
22 years$3,660$2,892$2,262$1,755$1,351$706
23 years$3,464$2,704$2,089$1,598$1,213$611
24 years$3,285$2,534$1,932$1,458$1,090$529
25 years$3,120$2,378$1,789$1,331$981$459
26 years$2,968$2,235$1,659$1,217$884$398
27 years$2,827$2,103$1,541$1,114$797$345
28 years$2,697$1,982$1,432$1,021$719$300
29 years$2,576$1,870$1,333$936$649$260
30 years$2,463$1,766$1,242$859$587$226
31 years$2,358$1,669$1,158$789$530$197
32 years$2,259$1,579$1,080$725$480$171
33 years$2,167$1,496$1,008$667$434$149
34 years$2,080$1,418$942$613$393$129
35 years$1,999$1,345$881$565$356$113
36 years$1,922$1,276$824$520$323$98
37 years$1,849$1,212$771$479$292$85
38 years$1,781$1,152$722$442$265$74
39 years$1,716$1,095$677$407$240$65
40 years$1,654$1,042$634$376$218$56
41 years$1,596$992$595$347$198$49
42 years$1,541$945$558$320$179$43
43 years$1,488$900$524$295$163$37
44 years$1,438$858$491$273$148$32
45 years$1,390$818$461$252$134$28
46 years$1,344$781$433$233$122$25
47 years$1,301$745$407$215$111$21
48 years$1,259$711$383$199$100$19
49 years$1,219$679$360$183$91$16
50 years$1,181$649$338$170$83$14

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $1,210,000, adding $5,696 every year, while hoping to spend $39,417 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: 43/46/11 Blend
34$1,210,000$1,210,000$1,210,000$1,210,000
35$1,339,295$1,275,165$1,256,410$1,392,380
36$1,433,964$1,295,709$1,256,561$1,450,521
37$1,536,968$1,315,938$1,255,395$1,509,052
38$1,649,116$1,335,796$1,252,828$1,571,580
39$1,771,297$1,355,221$1,248,769$1,638,487
40$1,904,490$1,374,149$1,243,124$1,710,195
41$2,049,774$1,392,508$1,235,794$1,787,170
42$2,208,334$1,410,223$1,226,676$1,869,925
43$2,381,476$1,427,216$1,215,661$1,959,029
44$2,570,636$1,443,400$1,202,636$2,055,109
45$2,777,398$1,458,684$1,187,482$2,158,856
46$3,003,504$1,472,970$1,170,073$2,271,035
47$3,250,871$1,486,155$1,150,280$2,392,491
48$3,521,610$1,498,128$1,127,966$2,524,154
49$3,818,049$1,508,770$1,102,987$2,667,055
50$4,142,747$1,517,957$1,075,194$2,822,328
51$4,498,525$1,525,555$1,044,431$2,991,229
52$4,888,489$1,531,421$1,010,534$3,175,142
53$5,316,059$1,535,405$973,331$3,375,595
54$5,785,003$1,537,346$932,643$3,594,277
55$6,299,471$1,537,073$888,284$3,833,050
56$6,864,033$1,534,406$840,057$4,093,970
57$7,483,724$1,529,151$787,759$4,379,308
58$8,164,089$1,521,105$731,174$4,691,568
59$8,911,238$1,510,051$670,080$5,033,515
60$9,731,899$1,495,759$604,243$5,408,202
61$10,633,488$1,477,986$533,420$5,818,996
62$11,624,170$1,456,473$457,356$6,269,613
63$12,712,942$1,430,947$375,785$6,764,156
64$13,909,718$1,401,119$288,429$7,307,149
65$15,225,416$1,366,681$194,998$7,903,587
66$16,672,067$1,327,307$95,190$8,558,979
67$18,262,928$1,282,655$0$9,279,405
68$20,012,601$1,232,360$0$10,072,901
69$21,937,177$1,176,036$0$10,957,546
70$24,054,383$1,113,276$0$11,930,361
71$26,383,752$1,043,648$0$13,000,392
72$28,946,805$966,697$0$14,177,618
73$31,767,254$881,940$0$15,473,042
74$34,871,228$788,869$0$16,898,799
75$38,287,513$686,944$0$18,468,270
76$42,047,832$575,597$0$20,196,212
77$46,187,135$454,225$0$22,098,896
78$50,743,936$322,195$0$24,194,267
79$55,760,670$178,836$0$26,502,108
80$61,284,098$23,438$0$29,044,235
81$67,365,745$0$0$31,844,704
82$74,062,385$0$0$35,003,304
83$81,436,581$0$0$38,494,745
84$89,557,270$0$0$42,339,829
85$98,500,415$0$0$46,574,547
86$108,349,722$0$0$51,238,563
87$119,197,430$0$0$56,375,581
88$131,145,180$0$0$62,033,761
89$144,304,972$0$0$68,266,173
90$158,800,228$0$0$75,131,299
91$174,766,948$0$0$82,693,578
92$192,355,000$0$0$91,024,026
93$211,729,531$0$0$100,200,894
94$233,072,525$0$0$110,310,413
95$256,584,522$0$0$121,447,608
96$282,486,508$0$0$133,717,191
97$311,022,004$0$0$147,234,552
98$342,459,359$0$0$162,126,848
99$377,094,287$0$0$178,534,200
100$415,252,656$0$0$196,611,020