Can I retire at age 35 with 1,120,000?

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 $1,120,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.7%
1 years$92,489$91,665$90,861$90,076$89,310$86,521
2 years$45,786$44,934$44,107$43,306$42,529$39,743
3 years$30,221$29,365$28,540$27,747$26,982$24,288
4 years$22,440$21,586$20,770$19,990$19,244$16,661
5 years$17,772$16,924$16,118$15,354$14,629$12,165
6 years$14,662$13,820$13,026$12,279$11,575$9,233
7 years$12,441$11,606$10,825$10,095$9,414$7,192
8 years$10,776$9,948$9,180$8,469$7,810$5,708
9 years$9,482$8,662$7,907$7,213$6,577$4,592
10 years$8,447$7,635$6,893$6,218$5,604$3,733
11 years$7,601$6,797$6,069$5,411$4,819$3,060
12 years$6,896$6,100$5,386$4,747$4,176$2,524
13 years$6,300$5,513$4,812$4,191$3,642$2,092
14 years$5,790$5,011$4,324$3,720$3,193$1,742
15 years$5,348$4,578$3,904$3,317$2,811$1,455
16 years$4,962$4,200$3,539$2,970$2,484$1,219
17 years$4,622$3,868$3,221$2,669$2,203$1,023
18 years$4,319$3,574$2,940$2,405$1,959$861
19 years$4,049$3,313$2,691$2,173$1,746$725
20 years$3,807$3,078$2,470$1,968$1,559$612
21 years$3,587$2,867$2,272$1,786$1,395$517
22 years$3,388$2,677$2,094$1,624$1,251$437
23 years$3,206$2,503$1,933$1,479$1,123$369
24 years$3,040$2,345$1,788$1,349$1,009$313
25 years$2,888$2,201$1,656$1,232$908$265
26 years$2,747$2,069$1,536$1,127$818$225
27 years$2,617$1,947$1,426$1,031$737$190
28 years$2,496$1,834$1,326$945$665$161
29 years$2,384$1,731$1,234$866$601$137
30 years$2,280$1,634$1,149$795$543$116
31 years$2,182$1,545$1,071$730$491$99
32 years$2,091$1,462$1,000$671$444$84
33 years$2,006$1,384$933$617$402$71
34 years$1,925$1,312$872$568$364$60
35 years$1,850$1,245$815$523$330$51
36 years$1,779$1,181$763$481$299$43
37 years$1,712$1,122$714$444$271$37
38 years$1,648$1,066$669$409$245$31
39 years$1,588$1,014$626$377$222$27
40 years$1,531$965$587$348$202$23
41 years$1,477$918$551$321$183$19
42 years$1,426$874$516$296$166$16
43 years$1,377$833$485$273$151$14
44 years$1,331$794$455$252$137$12
45 years$1,286$757$427$233$124$10
46 years$1,244$723$401$215$113$9
47 years$1,204$689$377$199$102$7
48 years$1,166$658$354$184$93$6
49 years$1,129$629$333$170$84$5
50 years$1,094$600$313$157$77$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $1,120,000, adding $2,019 every year, while hoping to spend $24,761 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: 62/32/6 Blend
34$1,120,000$1,120,000$1,120,000$1,120,000
35$1,236,323$1,176,963$1,159,603$1,311,526
36$1,336,082$1,208,288$1,172,104$1,393,277
37$1,445,187$1,240,319$1,184,194$1,479,391
38$1,564,565$1,273,063$1,195,833$1,572,737
39$1,695,236$1,306,529$1,206,979$1,674,013
40$1,838,325$1,340,724$1,217,587$1,783,987
41$1,995,069$1,375,654$1,227,612$1,903,505
42$2,166,832$1,411,328$1,237,003$2,033,496
43$2,355,116$1,447,749$1,245,709$2,174,985
44$2,561,573$1,484,924$1,253,676$2,329,102
45$2,788,025$1,522,858$1,260,846$2,497,087
46$3,036,479$1,561,552$1,267,159$2,680,310
47$3,309,143$1,601,012$1,272,552$2,880,276
48$3,608,451$1,641,237$1,276,959$3,098,646
49$3,937,085$1,682,230$1,280,309$3,337,248
50$4,297,998$1,723,989$1,282,529$3,598,093
51$4,694,442$1,766,513$1,283,542$3,883,401
52$5,130,003$1,809,799$1,283,268$4,195,614
53$5,608,627$1,853,844$1,281,622$4,537,422
54$6,134,665$1,898,640$1,278,514$4,911,791
55$6,712,909$1,944,181$1,273,852$5,321,986
56$7,348,637$1,990,458$1,267,538$5,771,604
57$8,047,667$2,037,459$1,259,470$6,264,611
58$8,816,406$2,085,172$1,249,539$6,805,374
59$9,661,914$2,133,580$1,237,633$7,398,703
60$10,591,971$2,182,667$1,223,636$8,049,902
61$11,615,147$2,232,412$1,207,422$8,764,811
62$12,740,884$2,282,793$1,188,863$9,549,867
63$13,979,588$2,333,784$1,167,824$10,412,161
64$15,342,723$2,385,356$1,144,163$11,359,509
65$16,842,919$2,437,477$1,117,731$12,400,520
66$18,494,096$2,490,112$1,088,374$13,544,683
67$20,311,589$2,543,222$1,055,929$14,802,453
68$22,312,295$2,596,764$1,020,227$16,185,351
69$24,514,834$2,650,691$981,090$17,706,070
70$26,939,723$2,704,951$938,332$19,378,600
71$29,609,568$2,759,487$891,760$21,218,357
72$32,549,281$2,814,238$841,170$23,242,327
73$35,786,309$2,869,138$786,351$25,469,229
74$39,350,900$2,924,113$727,081$27,919,690
75$43,276,383$2,979,085$663,129$30,616,443
76$47,599,483$3,033,970$594,253$33,584,535
77$52,360,670$3,088,674$520,200$36,851,572
78$57,604,538$3,143,098$440,706$40,447,971
79$63,380,227$3,197,137$355,497$44,407,257
80$69,741,888$3,250,674$264,284$48,766,368
81$76,749,190$3,303,587$166,766$53,566,014
82$84,467,886$3,355,741$62,632$58,851,057
83$92,970,433$3,406,995$0$64,670,934
84$102,336,674$3,457,195$0$71,083,229
85$112,654,595$3,506,177$0$78,149,357
86$124,021,150$3,553,766$0$85,931,489
87$136,543,181$3,599,775$0$94,502,560
88$150,338,424$3,644,002$0$103,942,944
89$165,536,618$3,686,233$0$114,341,213
90$182,280,733$3,726,239$0$125,794,973
91$200,728,319$3,763,776$0$138,411,785
92$221,052,990$3,798,583$0$152,310,184
93$243,446,064$3,830,382$0$167,620,791
94$268,118,370$3,858,879$0$184,487,555
95$295,302,237$3,883,757$0$203,069,107
96$325,253,686$3,904,682$0$223,540,256
97$358,254,847$3,921,296$0$246,093,648
98$394,616,623$3,933,221$0$270,941,575
99$434,681,623$3,940,054$0$298,317,987
100$478,827,398$3,941,366$0$328,480,697