Can I retire at age 35 with 1,340,000?

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 $1,340,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.3%
1 years$110,656$109,670$108,709$107,770$106,853$106,269
2 years$54,780$53,760$52,771$51,813$50,883$50,293
3 years$36,157$35,133$34,146$33,197$32,282$31,705
4 years$26,848$25,826$24,850$23,916$23,024$22,465
5 years$21,263$20,248$19,285$18,370$17,502$16,962
6 years$17,542$16,534$15,585$14,691$13,849$13,329
7 years$14,885$13,885$12,951$12,078$11,263$10,763
8 years$12,893$11,902$10,983$10,132$9,344$8,863
9 years$11,344$10,363$9,460$8,630$7,869$7,408
10 years$10,106$9,135$8,248$7,439$6,705$6,264
11 years$9,093$8,132$7,261$6,474$5,766$5,345
12 years$8,250$7,299$6,444$5,679$4,997$4,595
13 years$7,538$6,596$5,757$5,014$4,357$3,974
14 years$6,927$5,996$5,173$4,451$3,820$3,454
15 years$6,399$5,477$4,670$3,969$3,363$3,015
16 years$5,937$5,025$4,234$3,554$2,972$2,642
17 years$5,529$4,628$3,853$3,193$2,635$2,322
18 years$5,168$4,276$3,517$2,878$2,343$2,046
19 years$4,845$3,963$3,220$2,600$2,089$1,807
20 years$4,554$3,683$2,955$2,355$1,866$1,599
21 years$4,292$3,430$2,718$2,137$1,670$1,418
22 years$4,053$3,202$2,505$1,943$1,496$1,259
23 years$3,836$2,995$2,313$1,770$1,343$1,119
24 years$3,637$2,806$2,139$1,614$1,207$996
25 years$3,455$2,633$1,981$1,474$1,086$887
26 years$3,286$2,475$1,838$1,348$979$791
27 years$3,131$2,329$1,706$1,234$882$706
28 years$2,987$2,195$1,586$1,130$796$631
29 years$2,853$2,071$1,476$1,037$719$564
30 years$2,728$1,955$1,375$951$650$504
31 years$2,611$1,849$1,282$874$587$451
32 years$2,502$1,749$1,196$803$531$404
33 years$2,400$1,656$1,117$738$481$361
34 years$2,304$1,570$1,043$679$435$324
35 years$2,213$1,489$976$625$394$290
36 years$2,128$1,413$913$576$357$260
37 years$2,048$1,342$854$531$324$233
38 years$1,972$1,276$800$489$294$209
39 years$1,900$1,213$749$451$266$187
40 years$1,832$1,154$702$416$241$168
41 years$1,767$1,099$659$384$219$151
42 years$1,706$1,046$618$354$199$135
43 years$1,648$997$580$327$180$121
44 years$1,592$950$544$302$164$109
45 years$1,539$906$511$279$149$98
46 years$1,489$864$480$258$135$88
47 years$1,441$825$451$238$123$79
48 years$1,394$788$424$220$111$71
49 years$1,350$752$398$203$101$64
50 years$1,308$718$374$188$92$57

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $1,340,000, adding $3,660 every year, while hoping to spend $48,985 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: 51/39/10 Blend
34$1,340,000$1,340,000$1,340,000$1,340,000
35$1,480,455$1,409,435$1,388,665$1,551,897
36$1,579,342$1,426,378$1,383,066$1,617,989
37$1,686,674$1,442,509$1,375,637$1,684,265
38$1,803,259$1,457,737$1,366,266$1,755,177
39$1,929,990$1,471,964$1,354,834$1,831,171
40$2,067,845$1,485,087$1,341,218$1,912,744
41$2,217,903$1,496,994$1,325,286$2,000,443
42$2,381,350$1,507,568$1,306,904$2,094,872
43$2,559,491$1,516,681$1,285,928$2,196,698
44$2,753,762$1,524,202$1,262,210$2,306,660
45$2,965,745$1,529,987$1,235,593$2,425,571
46$3,197,180$1,533,885$1,205,914$2,554,331
47$3,449,982$1,535,736$1,173,003$2,693,934
48$3,726,261$1,535,367$1,136,679$2,845,475
49$4,028,339$1,532,599$1,096,756$3,010,168
50$4,358,771$1,527,238$1,053,039$3,189,349
51$4,720,373$1,519,080$1,005,324$3,384,496
52$5,116,244$1,507,908$953,395$3,597,241
53$5,549,797$1,493,492$897,030$3,829,384
54$6,024,791$1,475,588$835,995$4,082,915
55$6,545,366$1,453,937$770,047$4,360,029
56$7,116,079$1,428,266$698,929$4,663,149
57$7,741,952$1,398,285$622,377$4,994,952
58$8,428,516$1,363,685$540,111$5,358,392
59$9,181,861$1,324,142$451,841$5,756,728
60$10,008,696$1,279,310$357,263$6,193,561
61$10,916,413$1,228,826$256,061$6,672,860
62$11,913,152$1,172,303$147,904$7,199,011
63$13,007,881$1,109,334$32,446$7,776,850
64$14,210,479$1,039,486$0$8,411,718
65$15,531,831$962,303$0$9,119,188
66$16,983,924$877,303$0$9,900,403
67$18,579,968$783,974$0$10,759,110
68$20,334,514$681,779$0$11,703,267
69$22,263,595$570,146$0$12,741,651
70$24,384,874$448,475$0$13,883,943
71$26,717,810$316,130$0$15,140,820
72$29,283,844$172,438$0$16,524,057
73$32,106,600$16,691$0$18,046,640
74$35,212,105$0$0$19,722,890
75$38,629,036$0$0$21,633,774
76$42,388,991$0$0$23,744,534
77$46,526,785$0$0$26,067,571
78$51,080,779$0$0$28,624,442
79$56,093,240$0$0$31,438,900
80$61,610,742$0$0$34,537,118
81$67,684,604$0$0$37,947,935
82$74,371,370$0$0$41,703,128
83$81,733,349$0$0$45,837,713
84$89,839,197$0$0$50,390,272
85$98,764,566$0$0$55,403,322
86$108,592,819$0$0$60,923,710
87$119,415,813$0$0$67,003,059
88$131,334,769$0$0$73,698,253
89$144,461,221$0$0$81,071,975
90$158,918,077$0$0$89,193,296
91$174,840,768$0$0$98,138,329
92$192,378,536$0$0$107,990,946
93$211,695,832$0$0$118,843,569
94$232,973,874$0$0$130,798,043
95$256,412,357$0$0$143,966,594
96$282,231,332$0$0$158,472,892
97$310,673,287$0$0$174,453,217
98$342,005,434$0$0$192,057,742
99$376,522,229$0$0$211,451,952
100$414,548,154$0$0$232,818,208