Can I retire at age 35 with 1,370,000?

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 $1,370,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.2%
1 years$113,133$112,126$111,142$110,183$109,246$108,240
2 years$56,007$54,964$53,953$52,972$52,022$51,008
3 years$36,967$35,919$34,911$33,940$33,005$32,015
4 years$27,449$26,404$25,406$24,452$23,539$22,581
5 years$21,740$20,701$19,716$18,781$17,894$16,970
6 years$17,935$16,904$15,934$15,020$14,159$13,271
7 years$15,218$14,196$13,241$12,348$11,515$10,663
8 years$13,181$12,169$11,229$10,359$9,553$8,736
9 years$11,598$10,595$9,672$8,823$8,045$7,264
10 years$10,332$9,339$8,432$7,606$6,855$6,109
11 years$9,297$8,314$7,424$6,619$5,895$5,184
12 years$8,435$7,462$6,588$5,806$5,109$4,431
13 years$7,706$6,744$5,886$5,126$4,455$3,810
14 years$7,082$6,130$5,289$4,550$3,905$3,292
15 years$6,542$5,600$4,775$4,058$3,438$2,857
16 years$6,070$5,138$4,329$3,633$3,039$2,488
17 years$5,653$4,732$3,939$3,265$2,694$2,173
18 years$5,284$4,372$3,596$2,942$2,396$1,903
19 years$4,953$4,052$3,292$2,658$2,135$1,669
20 years$4,656$3,765$3,021$2,408$1,907$1,468
21 years$4,388$3,507$2,779$2,185$1,707$1,293
22 years$4,144$3,274$2,561$1,987$1,530$1,140
23 years$3,922$3,062$2,365$1,809$1,373$1,006
24 years$3,719$2,869$2,187$1,650$1,234$890
25 years$3,532$2,692$2,026$1,507$1,111$787
26 years$3,360$2,530$1,879$1,378$1,001$697
27 years$3,201$2,381$1,745$1,261$902$618
28 years$3,053$2,244$1,622$1,156$814$548
29 years$2,916$2,117$1,509$1,060$735$486
30 years$2,789$1,999$1,406$973$664$431
31 years$2,670$1,890$1,311$893$600$383
32 years$2,558$1,788$1,223$821$543$340
33 years$2,453$1,693$1,142$755$492$303
34 years$2,355$1,605$1,067$695$445$269
35 years$2,263$1,522$997$639$403$239
36 years$2,176$1,445$933$589$365$213
37 years$2,094$1,372$873$543$331$189
38 years$2,016$1,304$818$500$300$168
39 years$1,943$1,240$766$461$272$150
40 years$1,873$1,180$718$425$247$133
41 years$1,807$1,123$673$392$224$119
42 years$1,744$1,070$632$362$203$106
43 years$1,685$1,019$593$334$184$94
44 years$1,628$972$556$309$167$84
45 years$1,574$926$522$285$152$75
46 years$1,522$884$491$263$138$67
47 years$1,473$843$461$243$125$59
48 years$1,426$805$433$225$114$53
49 years$1,381$769$407$208$103$47
50 years$1,338$734$383$192$94$42

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $1,370,000, adding $2,884 every year, while hoping to spend $50,631 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: 65/11/24 Blend
34$1,370,000$1,370,000$1,370,000$1,370,000
35$1,512,715$1,440,105$1,418,870$1,601,431
36$1,613,141$1,456,799$1,412,531$1,678,252
37$1,722,113$1,472,614$1,404,283$1,756,223
38$1,840,450$1,487,454$1,394,008$1,840,292
39$1,969,053$1,501,215$1,381,583$1,931,059
40$2,108,910$1,513,789$1,366,880$2,029,191
41$2,261,111$1,525,057$1,349,763$2,135,421
42$2,426,856$1,534,896$1,330,092$2,250,558
43$2,607,462$1,543,173$1,307,717$2,375,494
44$2,804,382$1,549,747$1,282,484$2,511,216
45$3,019,213$1,554,469$1,254,231$2,658,810
46$3,253,713$1,557,178$1,222,788$2,819,475
47$3,509,818$1,557,707$1,187,979$2,994,534
48$3,789,660$1,555,874$1,149,616$3,185,448
49$4,095,583$1,551,490$1,107,505$3,393,826
50$4,430,170$1,544,351$1,061,445$3,621,445
51$4,796,266$1,534,242$1,011,222$3,870,264
52$5,197,002$1,520,937$956,614$4,142,447
53$5,635,825$1,504,192$897,390$4,440,376
54$6,116,533$1,483,751$833,307$4,766,682
55$6,643,308$1,459,344$764,111$5,124,268
56$7,220,755$1,430,681$689,538$5,516,333
57$7,853,946$1,397,459$609,312$5,946,406
58$8,548,468$1,359,354$523,144$6,418,382
59$9,310,474$1,316,024$430,731$6,936,552
60$10,146,742$1,267,108$331,760$7,505,654
61$11,064,736$1,212,224$225,900$8,130,908
62$12,072,682$1,150,965$112,810$8,818,073
63$13,179,637$1,082,904$0$9,573,501
64$14,395,581$1,007,587$0$10,406,213
65$15,731,507$924,536$0$11,352,873
66$17,199,527$833,244$0$12,393,179
67$18,812,982$733,177$0$13,536,626
68$20,586,571$623,767$0$14,793,676
69$22,536,488$504,419$0$16,175,859
70$24,680,574$374,500$0$17,695,882
71$27,038,487$233,344$0$19,367,747
72$29,631,881$80,247$0$21,206,884
73$32,484,620$0$0$23,230,299
74$35,622,991$0$0$25,467,084
75$39,075,963$0$0$27,938,883
76$42,875,449$0$0$30,658,841
77$47,056,615$0$0$33,652,146
78$51,658,209$0$0$36,946,551
79$56,722,922$0$0$40,572,634
80$62,297,797$0$0$44,564,090
81$68,434,666$0$0$48,958,045
82$75,190,645$0$0$53,795,409
83$82,628,667$0$0$59,121,259
84$90,818,077$0$0$64,985,265
85$99,835,287$0$0$71,442,159
86$109,764,496$0$0$78,552,252
87$120,698,484$0$0$86,381,997
88$132,739,486$0$0$95,004,626
89$146,000,158$0$0$104,500,830
90$160,604,637$0$0$114,959,527
91$176,689,715$0$0$126,478,699
92$194,406,129$0$0$139,166,316
93$213,919,981$0$0$153,141,354
94$235,414,304$0$0$168,534,918
95$259,090,795$0$0$185,491,479
96$285,171,711$0$0$204,170,238
97$313,901,971$0$0$224,746,628
98$345,551,463$0$0$247,413,967
99$380,417,596$0$0$272,385,285
100$418,828,101$0$0$299,895,333