Can I retire at age 35 with 1,080,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $1,080,000?

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$89,185$88,391$87,616$86,859$86,121$85,650
2 years$44,151$43,329$42,532$41,759$41,010$40,535
3 years$29,142$28,316$27,521$26,756$26,018$25,554
4 years$21,638$20,815$20,028$19,276$18,557$18,106
5 years$17,138$16,319$15,543$14,806$14,106$13,671
6 years$14,138$13,326$12,561$11,840$11,162$10,742
7 years$11,997$11,191$10,438$9,735$9,078$8,674
8 years$10,391$9,593$8,852$8,166$7,531$7,144
9 years$9,143$8,352$7,625$6,956$6,342$5,971
10 years$8,145$7,362$6,647$5,996$5,404$5,048
11 years$7,329$6,554$5,852$5,218$4,647$4,308
12 years$6,650$5,883$5,194$4,577$4,027$3,703
13 years$6,075$5,316$4,640$4,041$3,512$3,203
14 years$5,583$4,832$4,169$3,587$3,078$2,784
15 years$5,157$4,414$3,764$3,199$2,711$2,430
16 years$4,785$4,050$3,413$2,864$2,396$2,129
17 years$4,457$3,730$3,106$2,574$2,124$1,871
18 years$4,165$3,447$2,835$2,319$1,889$1,649
19 years$3,905$3,194$2,595$2,096$1,683$1,456
20 years$3,671$2,968$2,382$1,898$1,504$1,289
21 years$3,459$2,765$2,191$1,723$1,346$1,143
22 years$3,267$2,581$2,019$1,566$1,206$1,014
23 years$3,092$2,414$1,864$1,426$1,083$902
24 years$2,932$2,262$1,724$1,301$973$803
25 years$2,784$2,122$1,597$1,188$876$715
26 years$2,649$1,995$1,481$1,086$789$638
27 years$2,523$1,877$1,375$994$711$569
28 years$2,407$1,769$1,279$911$642$508
29 years$2,299$1,669$1,190$835$579$454
30 years$2,198$1,576$1,108$767$524$406
31 years$2,104$1,490$1,033$704$473$363
32 years$2,017$1,410$964$647$428$325
33 years$1,934$1,335$900$595$387$291
34 years$1,857$1,265$841$548$351$261
35 years$1,784$1,200$786$504$318$234
36 years$1,715$1,139$736$464$288$210
37 years$1,651$1,082$688$428$261$188
38 years$1,589$1,028$645$394$237$168
39 years$1,531$978$604$364$215$151
40 years$1,477$930$566$335$195$136
41 years$1,424$885$531$309$177$122
42 years$1,375$843$498$285$160$109
43 years$1,328$803$467$264$145$98
44 years$1,283$766$439$243$132$88
45 years$1,241$730$412$225$120$79
46 years$1,200$697$387$208$109$71
47 years$1,161$665$363$192$99$64
48 years$1,124$635$341$177$90$57
49 years$1,088$606$321$164$81$51
50 years$1,054$579$302$151$74$46

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $1,080,000, adding $3,032 every year, while hoping to spend $32,788 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: 47/40/13 Blend
34$1,080,000$1,080,000$1,080,000$1,080,000
35$1,193,288$1,136,048$1,119,308$1,244,897
36$1,280,117$1,156,828$1,121,918$1,301,672
37$1,374,703$1,177,527$1,123,517$1,359,642
38$1,477,805$1,198,107$1,124,037$1,421,829
39$1,590,253$1,218,527$1,123,404$1,488,637
40$1,712,965$1,238,741$1,121,544$1,560,513
41$1,846,949$1,258,701$1,118,378$1,637,948
42$1,993,317$1,278,356$1,113,822$1,721,485
43$2,153,290$1,297,651$1,107,790$1,811,723
44$2,328,215$1,316,525$1,100,191$1,909,320
45$2,519,575$1,334,916$1,090,929$2,015,007
46$2,729,000$1,352,756$1,079,903$2,129,585
47$2,958,288$1,369,971$1,067,010$2,253,942
48$3,209,418$1,386,484$1,052,140$2,389,054
49$3,484,569$1,402,212$1,035,176$2,536,000
50$3,786,140$1,417,066$1,016,000$2,695,971
51$4,116,775$1,430,951$994,485$2,870,277
52$4,479,385$1,443,766$970,500$3,060,368
53$4,877,177$1,455,405$943,905$3,267,841
54$5,313,681$1,465,752$914,559$3,494,457
55$5,792,789$1,474,686$882,308$3,742,159
56$6,318,784$1,482,077$846,996$4,013,092
57$6,896,387$1,487,786$808,458$4,309,621
58$7,530,799$1,491,667$766,521$4,634,354
59$8,227,746$1,493,564$721,005$4,990,167
60$8,993,539$1,493,312$671,722$5,380,236
61$9,835,129$1,490,734$618,475$5,808,060
62$10,760,176$1,485,644$561,057$6,277,500
63$11,777,116$1,477,842$499,255$6,792,814
64$12,895,246$1,467,120$432,843$7,358,699
65$14,124,806$1,453,254$361,588$7,980,334
66$15,477,079$1,436,007$285,245$8,663,430
67$16,964,498$1,415,128$203,557$9,414,289
68$18,600,760$1,390,352$116,259$10,239,856
69$20,400,956$1,361,397$23,072$11,147,793
70$22,381,713$1,327,966$0$12,146,548
71$24,561,353$1,289,742$0$13,256,031
72$26,960,063$1,246,391$0$14,480,026
73$29,600,085$1,197,560$0$15,826,700
74$32,505,928$1,142,874$0$17,308,589
75$35,704,595$1,081,937$0$18,939,515
76$39,225,843$1,014,331$0$20,734,712
77$43,102,458$939,613$0$22,710,978
78$47,370,569$857,314$0$24,886,826
79$52,069,985$766,940$0$27,282,668
80$57,244,571$667,968$0$29,921,003
81$62,942,663$559,845$0$32,826,636
82$69,217,524$441,986$0$36,026,907
83$76,127,844$313,776$0$39,551,955
84$83,738,296$174,563$0$43,435,004
85$92,120,144$23,659$0$47,712,675
86$101,351,918$0$0$52,425,337
87$111,520,152$0$0$57,678,960
88$122,720,201$0$0$63,477,338
89$135,057,143$0$0$69,864,476
90$148,646,766$0$0$76,900,344
91$163,616,666$0$0$84,651,026
92$180,107,445$0$0$93,189,344
93$198,274,042$0$0$102,595,543
94$218,287,196$0$0$112,958,052
95$240,335,050$0$0$124,374,317
96$264,624,937$0$0$136,951,719
97$291,385,326$0$0$150,808,590
98$320,867,988$0$0$166,075,326
99$353,350,365$0$0$182,895,625
100$389,138,189$0$0$201,427,833