Can I retire at age 35 with 1,320,000?

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 $1,320,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.2%
1 years$109,004$108,033$107,086$106,161$105,259$103,007
2 years$53,963$52,958$51,984$51,039$50,123$47,866
3 years$35,618$34,608$33,637$32,701$31,800$29,607
4 years$26,447$25,441$24,479$23,559$22,680$20,569
5 years$20,946$19,946$18,997$18,096$17,241$15,217
6 years$17,280$16,287$15,352$14,471$13,642$11,708
7 years$14,662$13,678$12,758$11,898$11,095$9,250
8 years$12,700$11,725$10,820$9,981$9,204$7,449
9 years$11,175$10,208$9,319$8,501$7,751$6,084
10 years$9,955$8,998$8,124$7,328$6,604$5,024
11 years$8,958$8,011$7,153$6,378$5,680$4,184
12 years$8,127$7,190$6,348$5,594$4,922$3,508
13 years$7,425$6,498$5,671$4,939$4,292$2,958
14 years$6,824$5,906$5,096$4,384$3,763$2,505
15 years$6,303$5,395$4,601$3,910$3,313$2,130
16 years$5,848$4,950$4,171$3,501$2,928$1,816
17 years$5,447$4,559$3,796$3,146$2,596$1,553
18 years$5,091$4,213$3,465$2,835$2,308$1,330
19 years$4,772$3,904$3,172$2,561$2,057$1,142
20 years$4,486$3,628$2,911$2,320$1,838$982
21 years$4,228$3,379$2,678$2,105$1,645$845
22 years$3,993$3,154$2,468$1,914$1,474$729
23 years$3,779$2,950$2,279$1,743$1,323$629
24 years$3,583$2,764$2,107$1,590$1,189$543
25 years$3,403$2,594$1,952$1,452$1,070$469
26 years$3,237$2,438$1,810$1,328$964$406
27 years$3,084$2,294$1,681$1,215$869$351
28 years$2,942$2,162$1,563$1,114$784$304
29 years$2,810$2,040$1,454$1,021$708$263
30 years$2,687$1,926$1,355$937$640$228
31 years$2,572$1,821$1,263$861$579$197
32 years$2,465$1,723$1,178$791$523$171
33 years$2,364$1,632$1,100$727$474$148
34 years$2,269$1,546$1,028$669$429$128
35 years$2,180$1,467$961$616$388$111
36 years$2,096$1,392$899$567$352$97
37 years$2,017$1,322$841$523$319$84
38 years$1,943$1,257$788$482$289$73
39 years$1,872$1,195$738$444$262$63
40 years$1,805$1,137$692$410$238$55
41 years$1,741$1,082$649$378$216$47
42 years$1,681$1,031$609$349$196$41
43 years$1,623$982$571$322$178$36
44 years$1,568$936$536$297$161$31
45 years$1,516$893$503$275$146$27
46 years$1,466$852$473$254$133$23
47 years$1,419$813$444$234$121$20
48 years$1,374$776$417$217$110$18
49 years$1,330$741$392$200$100$15
50 years$1,289$708$369$185$90$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $1,320,000, adding $4,682 every year, while hoping to spend $45,019 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: 29/47/24 Blend
34$1,320,000$1,320,000$1,320,000$1,320,000
35$1,459,469$1,389,509$1,369,049$1,490,773
36$1,560,436$1,409,696$1,367,013$1,535,685
37$1,670,191$1,429,362$1,363,399$1,579,652
38$1,789,586$1,448,436$1,358,108$1,625,994
39$1,919,553$1,466,838$1,351,034$1,674,945
40$2,061,121$1,484,487$1,342,067$1,726,765
41$2,215,421$1,501,292$1,331,092$1,781,743
42$2,383,697$1,517,159$1,317,987$1,840,200
43$2,567,320$1,531,986$1,302,625$1,902,492
44$2,767,798$1,545,665$1,284,875$1,969,015
45$2,986,791$1,558,080$1,264,596$2,040,210
46$3,226,127$1,569,109$1,241,642$2,116,562
47$3,487,817$1,578,620$1,215,863$2,198,613
48$3,774,077$1,586,476$1,187,097$2,286,963
49$4,087,347$1,592,527$1,155,179$2,382,277
50$4,430,313$1,596,617$1,119,934$2,485,292
51$4,805,931$1,598,578$1,081,178$2,596,828
52$5,217,460$1,598,232$1,038,722$2,717,789
53$5,668,487$1,595,391$992,364$2,849,179
54$6,162,962$1,589,855$941,898$2,992,111
55$6,705,237$1,581,410$887,104$3,147,817
56$7,300,103$1,569,832$827,755$3,317,660
57$7,952,841$1,554,881$763,611$3,503,150
58$8,669,264$1,536,303$694,425$3,705,960
59$9,455,776$1,513,829$619,936$3,927,938
60$10,319,434$1,487,176$539,873$4,171,132
61$11,268,009$1,456,040$453,951$4,437,808
62$12,310,062$1,420,102$361,874$4,730,468
63$13,455,025$1,379,024$263,334$5,051,886
64$14,713,288$1,332,446$158,007$5,405,124
65$16,096,298$1,279,991$45,555$5,793,570
66$17,616,667$1,221,257$0$6,220,970
67$19,288,287$1,155,819$0$6,710,528
68$21,126,467$1,083,228$0$7,261,445
69$23,148,070$1,003,010$0$7,867,196
70$25,371,678$914,662$0$8,533,471
71$27,817,762$817,654$0$9,266,552
72$30,508,880$711,425$0$10,073,368
73$33,469,883$595,382$0$10,961,569
74$36,728,156$468,900$0$11,939,598
75$40,313,869$331,318$0$13,016,769
76$44,260,267$181,936$0$14,203,361
77$48,603,981$20,017$0$15,510,717
78$53,385,372$0$0$16,951,350
79$58,648,914$0$0$18,619,343
80$64,443,613$0$0$20,467,317
81$70,823,464$0$0$22,502,171
82$77,847,968$0$0$24,742,917
83$85,582,688$0$0$27,210,504
84$94,099,868$0$0$29,928,013
85$103,479,113$0$0$32,920,883
86$113,808,146$0$0$36,217,143
87$125,183,625$0$0$39,847,678
88$137,712,066$0$0$43,846,524
89$151,510,838$0$0$48,251,186
90$166,709,277$0$0$53,102,991
91$183,449,904$0$0$58,447,480
92$201,889,768$0$0$64,334,840
93$222,201,929$0$0$70,820,370
94$244,577,092$0$0$77,965,010
95$269,225,404$0$0$85,835,914
96$296,378,439$0$0$94,507,082
97$326,291,384$0$0$104,060,061
98$359,245,442$0$0$114,584,710
99$395,550,493$0$0$126,180,056
100$435,548,013$0$0$138,955,219