Can I retire at age 35 with 1,230,000?

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 $1,230,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.4%
1 years$101,572$100,667$99,785$98,923$98,082$97,505
2 years$50,283$49,347$48,439$47,559$46,706$46,123
3 years$33,189$32,249$31,343$30,472$29,632$29,063
4 years$24,644$23,706$22,810$21,953$21,134$20,582
5 years$19,518$18,586$17,701$16,862$16,066$15,532
6 years$16,102$15,177$14,305$13,485$12,712$12,198
7 years$13,663$12,745$11,888$11,087$10,338$9,845
8 years$11,834$10,925$10,082$9,300$8,577$8,103
9 years$10,413$9,512$8,683$7,922$7,223$6,769
10 years$9,276$8,385$7,570$6,829$6,154$5,720
11 years$8,347$7,464$6,665$5,943$5,293$4,877
12 years$7,573$6,700$5,915$5,213$4,587$4,190
13 years$6,919$6,055$5,285$4,602$4,000$3,622
14 years$6,359$5,503$4,748$4,085$3,506$3,146
15 years$5,873$5,027$4,287$3,643$3,087$2,745
16 years$5,449$4,613$3,887$3,262$2,728$2,403
17 years$5,076$4,248$3,537$2,931$2,419$2,110
18 years$4,744$3,925$3,229$2,641$2,151$1,858
19 years$4,447$3,638$2,956$2,387$1,917$1,640
20 years$4,180$3,381$2,713$2,162$1,712$1,450
21 years$3,939$3,149$2,495$1,962$1,532$1,285
22 years$3,721$2,939$2,300$1,784$1,374$1,140
23 years$3,521$2,749$2,123$1,625$1,233$1,013
24 years$3,339$2,576$1,964$1,482$1,108$901
25 years$3,171$2,417$1,819$1,353$997$802
26 years$3,017$2,272$1,687$1,237$898$714
27 years$2,874$2,138$1,566$1,132$810$637
28 years$2,741$2,015$1,456$1,038$731$569
29 years$2,618$1,901$1,355$951$660$508
30 years$2,504$1,795$1,262$873$596$454
31 years$2,397$1,697$1,177$802$539$406
32 years$2,297$1,606$1,098$737$488$363
33 years$2,203$1,520$1,025$678$441$325
34 years$2,115$1,441$958$624$400$290
35 years$2,032$1,367$895$574$362$260
36 years$1,954$1,297$838$529$328$233
37 years$1,880$1,232$784$487$297$209
38 years$1,810$1,171$734$449$269$187
39 years$1,744$1,113$688$414$244$167
40 years$1,682$1,059$645$382$222$150
41 years$1,622$1,008$605$352$201$135
42 years$1,566$960$567$325$182$121
43 years$1,512$915$532$300$166$108
44 years$1,461$872$500$277$150$97
45 years$1,413$832$469$256$136$87
46 years$1,366$793$441$236$124$78
47 years$1,322$757$414$218$112$70
48 years$1,280$723$389$202$102$63
49 years$1,240$690$366$187$93$56
50 years$1,201$659$344$172$84$51

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $1,230,000, adding $3,219 every year, while hoping to spend $29,613 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: 81/14/5 Blend
34$1,230,000$1,230,000$1,230,000$1,230,000
35$1,358,780$1,293,590$1,274,525$1,468,410
36$1,465,868$1,325,468$1,285,714$1,572,433
37$1,582,886$1,357,916$1,296,285$1,682,287
38$1,710,816$1,390,929$1,306,186$1,801,934
39$1,850,739$1,424,505$1,315,363$1,932,333
40$2,003,845$1,458,636$1,323,758$2,074,544
41$2,171,444$1,493,316$1,331,311$2,229,732
42$2,354,979$1,528,536$1,337,958$2,399,181
43$2,556,039$1,564,287$1,343,632$2,584,304
44$2,776,375$1,600,556$1,348,263$2,786,657
45$3,017,912$1,637,330$1,351,777$3,007,957
46$3,282,774$1,674,595$1,354,096$3,250,090
47$3,573,299$1,712,332$1,355,140$3,515,138
48$3,892,061$1,750,522$1,354,823$3,805,391
49$4,241,897$1,789,143$1,353,056$4,123,373
50$4,625,931$1,828,171$1,349,743$4,471,866
51$5,047,604$1,867,580$1,344,788$4,853,931
52$5,510,708$1,907,339$1,338,086$5,272,943
53$6,019,417$1,947,417$1,329,530$5,732,620
54$6,578,334$1,987,776$1,319,005$6,237,056
55$7,192,526$2,028,379$1,306,393$6,790,765
56$7,867,576$2,069,182$1,291,570$7,398,718
57$8,609,635$2,110,139$1,274,404$8,066,391
58$9,425,482$2,151,199$1,254,760$8,799,820
59$10,322,580$2,192,307$1,232,494$9,605,654
60$11,309,158$2,233,404$1,207,457$10,491,219
61$12,394,277$2,274,426$1,179,492$11,464,588
62$13,587,923$2,315,303$1,148,435$12,534,655
63$14,901,098$2,355,960$1,114,114$13,711,222
64$16,345,924$2,396,315$1,076,351$15,005,086
65$17,935,757$2,436,284$1,034,957$16,428,149
66$19,685,313$2,475,771$989,737$17,993,523
67$21,610,807$2,514,676$940,486$19,715,656
68$23,730,106$2,552,891$886,989$21,610,469
69$26,062,896$2,590,302$829,022$23,695,506
70$28,630,869$2,626,784$766,351$25,990,101
71$31,457,925$2,662,204$698,732$28,515,556
72$34,570,403$2,696,422$625,909$31,295,346
73$37,997,322$2,729,285$547,615$34,355,339
74$41,770,661$2,760,631$463,572$37,724,042
75$45,925,654$2,790,288$373,488$41,432,866
76$50,501,130$2,818,071$277,059$45,516,428
77$55,539,873$2,843,785$173,968$50,012,873
78$61,089,028$2,867,218$63,884$54,964,235
79$67,200,546$2,888,148$0$60,416,837
80$73,931,672$2,906,338$0$66,424,583
81$81,345,488$2,921,534$0$73,044,688
82$89,511,506$2,933,468$0$80,335,750
83$98,506,324$2,941,853$0$88,366,100
84$108,414,351$2,946,384$0$97,211,036
85$119,328,598$2,946,740$0$106,953,537
86$131,351,561$2,942,577$0$117,685,042
87$144,596,188$2,933,531$0$129,506,317
88$159,186,939$2,919,214$0$142,528,402
89$175,260,969$2,899,217$0$156,873,662
90$192,969,413$2,873,105$0$172,676,941
91$212,478,822$2,840,415$0$190,086,838
92$233,972,725$2,800,659$0$209,267,103
93$257,653,371$2,753,319$0$230,398,191
94$283,743,628$2,697,845$0$253,678,959
95$312,489,094$2,633,656$0$279,328,547
96$344,160,412$2,560,135$0$307,588,446
97$379,055,823$2,476,631$0$338,724,776
98$417,503,985$2,382,453$0$373,030,803
99$459,867,069$2,276,871$0$410,829,702
100$506,544,185$2,159,113$0$452,477,611