Can I retire at age 35 with 1,420,000?

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 $1,420,000?

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$117,262$116,218$115,199$114,204$113,233$112,190
2 years$58,051$56,969$55,922$54,906$53,920$52,870
3 years$38,316$37,230$36,185$35,179$34,209$33,184
4 years$28,451$27,368$26,333$25,344$24,398$23,405
5 years$22,533$21,457$20,436$19,467$18,547$17,590
6 years$18,589$17,521$16,515$15,568$14,676$13,755
7 years$15,773$14,714$13,724$12,799$11,935$11,052
8 years$13,662$12,613$11,639$10,737$9,902$9,055
9 years$12,021$10,982$10,025$9,145$8,339$7,529
10 years$10,709$9,680$8,740$7,883$7,105$6,332
11 years$9,636$8,617$7,694$6,861$6,110$5,373
12 years$8,743$7,735$6,829$6,018$5,295$4,593
13 years$7,988$6,990$6,101$5,313$4,617$3,949
14 years$7,341$6,354$5,482$4,716$4,048$3,413
15 years$6,781$5,804$4,949$4,206$3,564$2,961
16 years$6,291$5,325$4,487$3,766$3,150$2,579
17 years$5,860$4,904$4,083$3,384$2,793$2,252
18 years$5,476$4,532$3,727$3,049$2,483$1,972
19 years$5,134$4,200$3,412$2,755$2,213$1,730
20 years$4,826$3,903$3,132$2,496$1,977$1,521
21 years$4,548$3,635$2,880$2,265$1,769$1,340
22 years$4,295$3,393$2,655$2,059$1,586$1,181
23 years$4,065$3,174$2,451$1,875$1,424$1,043
24 years$3,855$2,974$2,267$1,711$1,280$922
25 years$3,661$2,791$2,100$1,562$1,151$816
26 years$3,483$2,623$1,947$1,428$1,037$723
27 years$3,318$2,468$1,808$1,307$935$640
28 years$3,165$2,326$1,681$1,198$844$568
29 years$3,023$2,194$1,564$1,098$762$504
30 years$2,891$2,072$1,457$1,008$688$447
31 years$2,767$1,959$1,358$926$622$397
32 years$2,651$1,854$1,267$851$563$353
33 years$2,543$1,755$1,183$782$509$314
34 years$2,441$1,664$1,106$720$461$279
35 years$2,346$1,578$1,034$663$418$248
36 years$2,255$1,498$967$610$379$221
37 years$2,170$1,422$905$562$343$196
38 years$2,090$1,352$848$518$311$175
39 years$2,014$1,285$794$478$282$155
40 years$1,941$1,223$744$441$256$138
41 years$1,873$1,164$698$407$232$123
42 years$1,808$1,109$655$375$211$110
43 years$1,746$1,056$614$347$191$98
44 years$1,687$1,007$577$320$173$87
45 years$1,631$960$541$295$158$77
46 years$1,578$916$509$273$143$69
47 years$1,527$874$478$252$130$61
48 years$1,478$835$449$233$118$55
49 years$1,431$797$422$215$107$49
50 years$1,386$761$397$199$97$43

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $1,420,000, adding $2,801 every year, while hoping to spend $28,116 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: 64/20/16 Blend
34$1,420,000$1,420,000$1,420,000$1,420,000
35$1,567,729$1,492,469$1,470,459$1,661,731
36$1,697,722$1,535,685$1,489,804$1,768,317
37$1,840,033$1,580,076$1,508,855$1,881,225
38$1,995,886$1,625,670$1,527,572$2,003,884
39$2,166,635$1,672,496$1,545,914$2,137,247
40$2,353,765$1,720,582$1,563,836$2,282,361
41$2,558,916$1,769,957$1,581,291$2,440,381
42$2,783,892$1,820,651$1,598,231$2,612,578
43$3,030,680$1,872,695$1,614,603$2,800,350
44$3,301,470$1,926,117$1,630,352$3,005,239
45$3,598,673$1,980,950$1,645,422$3,228,943
46$3,924,944$2,037,224$1,659,751$3,473,332
47$4,283,211$2,094,970$1,673,275$3,740,465
48$4,676,695$2,154,220$1,685,926$4,032,611
49$5,108,947$2,215,006$1,697,634$4,352,269
50$5,583,879$2,277,361$1,708,324$4,702,192
51$6,105,799$2,341,316$1,717,917$5,085,413
52$6,679,455$2,406,904$1,726,332$5,505,273
53$7,310,075$2,474,159$1,733,480$5,965,454
54$8,003,423$2,543,112$1,739,271$6,470,010
55$8,765,845$2,613,798$1,743,610$7,023,411
56$9,604,335$2,686,248$1,746,395$7,630,579
57$10,526,599$2,760,496$1,747,521$8,296,938
58$11,541,127$2,836,575$1,746,877$9,028,464
59$12,657,272$2,914,517$1,744,348$9,831,743
60$13,885,341$2,994,356$1,739,811$10,714,030
61$15,236,689$3,076,123$1,733,138$11,683,320
62$16,723,829$3,159,850$1,724,195$12,748,421
63$18,360,546$3,245,569$1,712,843$13,919,042
64$20,162,032$3,333,312$1,698,933$15,205,877
65$22,145,023$3,423,108$1,682,311$16,620,712
66$24,327,963$3,514,988$1,662,816$18,176,535
67$26,731,173$3,608,981$1,640,279$19,887,656
68$29,377,047$3,705,115$1,614,522$21,769,846
69$32,290,257$3,803,417$1,585,360$23,840,481
70$35,497,992$3,903,913$1,552,598$26,118,710
71$39,030,212$4,006,629$1,516,035$28,625,635
72$42,919,927$4,111,588$1,475,456$31,384,508
73$47,203,516$4,218,812$1,430,640$34,420,954
74$51,921,062$4,328,321$1,381,353$37,763,209
75$57,116,735$4,440,134$1,327,354$41,442,389
76$62,839,209$4,554,267$1,268,387$45,492,783
77$69,142,116$4,670,735$1,204,186$49,952,178
78$76,084,560$4,789,548$1,134,474$54,862,215
79$83,731,666$4,910,717$1,058,959$60,268,779
80$92,155,201$5,034,247$977,340$66,222,437
81$101,434,248$5,160,142$889,297$72,778,914
82$111,655,953$5,288,401$794,500$79,999,617
83$122,916,347$5,419,020$692,603$87,952,218
84$135,321,254$5,551,991$583,245$96,711,290
85$148,987,285$5,687,302$466,047$106,359,013
86$164,042,945$5,824,936$340,616$116,985,950
87$180,629,839$5,964,871$206,540$128,691,899
88$198,904,013$6,107,081$63,390$141,586,841
89$219,037,426$6,251,531$0$155,791,975
90$241,219,570$6,398,183$0$171,456,118
91$265,659,264$6,546,992$0$188,723,738
92$292,586,619$6,697,904$0$207,746,284
93$322,255,212$6,850,859$0$228,702,585
94$354,944,481$7,005,789$0$251,789,708
95$390,962,362$7,162,617$0$277,224,818
96$430,648,194$7,321,256$0$305,247,225
97$474,375,922$7,481,609$0$336,120,644
98$522,557,628$7,643,571$0$370,135,688
99$575,647,423$7,807,023$0$407,612,603
100$634,145,728$7,971,835$0$448,904,300