Can I retire at age 35 with 1,300,000?

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 $1,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.9%
1 years$107,353$106,397$105,464$104,553$103,664$100,345
2 years$53,145$52,155$51,196$50,266$49,364$46,051
3 years$35,078$34,084$33,127$32,206$31,318$28,116
4 years$26,046$25,055$24,108$23,202$22,337$19,268
5 years$20,629$19,644$18,709$17,822$16,980$14,054
6 years$17,018$16,041$15,120$14,252$13,436$10,654
7 years$14,440$13,471$12,564$11,718$10,927$8,290
8 years$12,508$11,547$10,656$9,830$9,065$6,571
9 years$11,005$10,054$9,178$8,373$7,634$5,280
10 years$9,804$8,862$8,001$7,217$6,504$4,287
11 years$8,822$7,889$7,044$6,281$5,594$3,509
12 years$8,004$7,081$6,252$5,509$4,848$2,891
13 years$7,313$6,399$5,585$4,864$4,227$2,393
14 years$6,720$5,817$5,018$4,318$3,706$1,990
15 years$6,208$5,314$4,531$3,851$3,263$1,660
16 years$5,759$4,875$4,108$3,448$2,884$1,388
17 years$5,364$4,490$3,738$3,098$2,557$1,164
18 years$5,014$4,149$3,412$2,792$2,273$977
19 years$4,700$3,845$3,124$2,523$2,026$822
20 years$4,418$3,573$2,867$2,285$1,810$693
21 years$4,164$3,328$2,637$2,074$1,620$584
22 years$3,932$3,107$2,430$1,885$1,452$493
23 years$3,722$2,906$2,244$1,717$1,303$416
24 years$3,529$2,722$2,075$1,566$1,171$352
25 years$3,352$2,555$1,922$1,430$1,054$298
26 years$3,188$2,401$1,783$1,308$949$252
27 years$3,037$2,260$1,655$1,197$856$213
28 years$2,897$2,129$1,539$1,097$772$180
29 years$2,767$2,009$1,432$1,006$697$153
30 years$2,646$1,897$1,334$923$630$129
31 years$2,533$1,793$1,244$848$570$110
32 years$2,427$1,697$1,160$779$515$93
33 years$2,328$1,607$1,083$716$466$79
34 years$2,235$1,523$1,012$659$422$67
35 years$2,147$1,445$946$607$382$57
36 years$2,065$1,371$885$559$347$48
37 years$1,987$1,302$829$515$314$41
38 years$1,913$1,238$776$475$285$34
39 years$1,843$1,177$727$438$258$29
40 years$1,777$1,120$681$404$234$25
41 years$1,715$1,066$639$372$212$21
42 years$1,655$1,015$599$344$193$18
43 years$1,598$967$562$317$175$15
44 years$1,545$922$528$293$159$13
45 years$1,493$879$496$271$144$11
46 years$1,444$839$466$250$131$9
47 years$1,398$800$437$231$119$8
48 years$1,353$764$411$213$108$7
49 years$1,310$730$386$197$98$6
50 years$1,269$697$363$182$89$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $1,300,000, adding $2,524 every year, while hoping to spend $23,681 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: 64/13/23 Blend
34$1,300,000$1,300,000$1,300,000$1,300,000
35$1,435,204$1,366,304$1,346,154$1,518,324
36$1,556,398$1,408,056$1,366,053$1,616,430
37$1,689,160$1,451,061$1,385,826$1,720,692
38$1,834,646$1,495,354$1,405,442$1,834,069
39$1,994,127$1,540,973$1,424,871$1,957,454
40$2,169,003$1,587,956$1,444,080$2,091,833
41$2,360,819$1,636,343$1,463,034$2,238,292
42$2,571,272$1,686,174$1,481,696$2,398,026
43$2,802,237$1,737,491$1,500,027$2,572,351
44$3,055,773$1,790,337$1,517,986$2,762,719
45$3,334,153$1,844,754$1,535,530$2,970,727
46$3,639,878$1,900,789$1,552,612$3,198,134
47$3,975,705$1,958,487$1,569,184$3,446,879
48$4,344,670$2,017,896$1,585,195$3,719,099
49$4,750,118$2,079,064$1,600,590$4,017,146
50$5,195,734$2,142,042$1,615,314$4,343,612
51$5,685,577$2,206,881$1,629,305$4,701,354
52$6,224,121$2,273,633$1,642,502$5,093,518
53$6,816,292$2,342,352$1,654,837$5,523,572
54$7,467,520$2,413,093$1,666,240$5,995,334
55$8,183,787$2,485,914$1,676,638$6,513,015
56$8,971,681$2,560,872$1,685,954$7,081,251
57$9,838,466$2,638,028$1,694,106$7,705,154
58$10,792,140$2,717,442$1,701,009$8,390,352
59$11,841,518$2,799,177$1,706,573$9,143,051
60$12,996,313$2,883,297$1,710,704$9,970,087
61$14,267,227$2,969,868$1,713,302$10,878,993
62$15,666,050$3,058,958$1,714,264$11,878,069
63$17,205,776$3,150,635$1,713,481$12,976,464
64$18,900,720$3,244,971$1,710,837$14,184,256
65$20,766,657$3,342,038$1,706,214$15,512,552
66$22,820,969$3,441,911$1,699,484$16,973,592
67$25,082,808$3,544,665$1,690,517$18,580,863
68$27,573,279$3,650,377$1,679,174$20,349,226
69$30,315,636$3,759,129$1,665,309$22,295,061
70$33,335,505$3,871,001$1,648,771$24,436,414
71$36,661,123$3,986,076$1,629,401$26,793,175
72$40,323,603$4,104,440$1,607,032$29,387,260
73$44,357,233$4,226,179$1,581,490$32,242,820
74$48,799,792$4,351,383$1,552,591$35,386,472
75$53,692,913$4,480,144$1,520,146$38,847,544
76$59,082,473$4,612,553$1,483,953$42,658,356
77$65,019,023$4,748,706$1,443,803$46,854,527
78$71,558,270$4,888,699$1,399,477$51,475,307
79$78,761,601$5,032,633$1,350,747$56,563,949
80$86,696,660$5,180,607$1,297,373$62,168,118
81$95,437,988$5,332,726$1,239,104$68,340,342
82$105,067,727$5,489,094$1,175,678$75,138,506
83$115,676,394$5,649,818$1,106,822$82,626,400
84$127,363,736$5,815,009$1,032,250$90,874,319
85$140,239,669$5,984,776$951,662$99,959,732
86$154,425,320$6,159,235$864,747$109,968,006
87$170,054,165$6,338,500$771,179$120,993,219
88$187,273,292$6,522,689$670,616$133,139,045
89$206,244,788$6,711,922$562,702$146,519,733
90$227,147,271$6,906,320$447,067$161,261,184
91$250,177,570$7,106,007$323,321$177,502,146
92$275,552,590$7,311,109$191,061$195,395,518
93$303,511,355$7,521,754$49,862$215,109,795
94$334,317,265$7,738,071$0$236,830,662
95$368,260,581$7,960,192$0$260,787,486
96$405,661,168$8,188,250$0$287,195,689
97$446,871,513$8,422,380$0$316,291,642
98$492,280,050$8,662,719$0$348,349,316
99$542,314,828$8,909,405$0$383,670,625
100$597,447,553$9,162,578$0$422,588,272