Can I retire at age 35 with 1,160,000?

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 $1,160,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.7%
1 years$95,792$94,938$94,106$93,293$92,500$91,840
2 years$47,422$46,538$45,683$44,853$44,048$43,382
3 years$31,300$30,413$29,560$28,738$27,946$27,295
4 years$23,241$22,357$21,512$20,704$19,931$19,301
5 years$18,407$17,528$16,694$15,902$15,151$14,543
6 years$15,185$14,313$13,491$12,717$11,989$11,403
7 years$12,885$12,020$11,211$10,456$9,750$9,187
8 years$11,161$10,303$9,508$8,771$8,089$7,549
9 years$9,820$8,971$8,189$7,471$6,812$6,295
10 years$8,748$7,908$7,140$6,440$5,804$5,310
11 years$7,872$7,040$6,286$5,605$4,992$4,520
12 years$7,142$6,318$5,578$4,916$4,326$3,876
13 years$6,525$5,710$4,984$4,340$3,772$3,343
14 years$5,997$5,190$4,478$3,853$3,307$2,899
15 years$5,539$4,741$4,043$3,436$2,911$2,524
16 years$5,139$4,350$3,666$3,077$2,573$2,205
17 years$4,787$4,006$3,336$2,764$2,281$1,933
18 years$4,474$3,702$3,045$2,491$2,029$1,698
19 years$4,194$3,431$2,788$2,251$1,808$1,496
20 years$3,942$3,188$2,558$2,039$1,615$1,320
21 years$3,715$2,970$2,353$1,850$1,445$1,166
22 years$3,509$2,772$2,169$1,682$1,295$1,033
23 years$3,321$2,593$2,002$1,532$1,163$915
24 years$3,149$2,429$1,852$1,397$1,045$812
25 years$2,991$2,280$1,715$1,276$941$721
26 years$2,845$2,143$1,591$1,167$847$641
27 years$2,710$2,016$1,477$1,068$764$570
28 years$2,585$1,900$1,373$979$689$508
29 years$2,469$1,792$1,278$897$622$452
30 years$2,361$1,693$1,190$824$562$403
31 years$2,260$1,600$1,110$756$508$360
32 years$2,166$1,514$1,035$695$460$321
33 years$2,077$1,434$967$639$416$286
34 years$1,994$1,359$903$588$377$256
35 years$1,916$1,289$844$541$341$228
36 years$1,842$1,223$790$499$309$204
37 years$1,773$1,162$739$459$280$182
38 years$1,707$1,104$692$423$254$163
39 years$1,645$1,050$649$390$230$146
40 years$1,586$999$608$360$209$130
41 years$1,530$951$570$332$190$116
42 years$1,477$906$535$307$172$104
43 years$1,426$863$502$283$156$93
44 years$1,378$823$471$261$142$83
45 years$1,332$784$442$241$129$74
46 years$1,289$748$415$223$117$67
47 years$1,247$714$390$206$106$60
48 years$1,207$682$367$190$96$53
49 years$1,169$651$345$176$87$48
50 years$1,133$622$324$163$79$43

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $1,160,000, adding $3,664 every year, while hoping to spend $55,731 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: 71/22/7 Blend
34$1,160,000$1,160,000$1,160,000$1,160,000
35$1,282,099$1,220,619$1,202,639$1,371,516
36$1,353,576$1,221,132$1,183,630$1,431,580
37$1,430,476$1,219,803$1,162,117$1,490,045
38$1,513,292$1,216,481$1,137,956$1,552,492
39$1,602,569$1,211,009$1,110,998$1,619,301
40$1,698,902$1,203,219$1,081,087$1,690,887
41$1,802,946$1,192,933$1,048,060$1,767,711
42$1,915,421$1,179,962$1,011,745$1,850,280
43$2,037,119$1,164,105$971,963$1,939,154
44$2,168,909$1,145,151$928,528$2,034,951
45$2,311,749$1,122,873$881,244$2,138,355
46$2,466,688$1,097,035$829,907$2,250,117
47$2,634,884$1,067,384$774,303$2,371,069
48$2,817,609$1,033,653$714,209$2,502,129
49$3,016,262$995,559$649,392$2,644,311
50$3,232,382$952,802$579,608$2,798,731
51$3,467,663$905,067$504,602$2,966,623
52$3,723,968$852,019$424,110$3,149,350
53$4,003,349$793,304$337,854$3,348,415
54$4,308,061$728,547$245,543$3,565,476
55$4,640,590$657,352$146,875$3,802,364
56$5,003,670$579,302$41,535$4,061,100
57$5,400,311$493,954$0$4,343,912
58$5,833,826$400,841$0$4,658,557
59$6,307,864$299,471$0$5,006,109
60$6,826,443$189,321$0$5,386,485
61$7,393,985$69,842$0$5,803,019
62$8,015,360$0$0$6,259,389
63$8,695,931$0$0$6,774,063
64$9,441,606$0$0$7,356,555
65$10,258,888$0$0$7,995,045
66$11,154,942$0$0$8,695,136
67$12,137,657$0$0$9,463,001
68$13,215,723$0$0$10,305,439
69$14,398,713$0$0$11,229,938
70$15,697,170$0$0$12,244,745
71$17,122,708$0$0$13,358,948
72$18,688,121$0$0$14,582,555
73$20,407,501$0$0$15,926,591
74$22,296,373$0$0$17,403,202
75$24,371,840$0$0$19,025,768
76$26,652,743$0$0$20,809,030
77$29,159,841$0$0$22,769,228
78$31,916,001$0$0$24,924,254
79$34,946,417$0$0$27,293,817
80$38,278,849$0$0$29,899,636
81$41,943,877$0$0$32,765,636
82$45,975,196$0$0$35,918,180
83$50,409,930$0$0$39,386,312
84$55,288,984$0$0$43,202,035
85$60,657,424$0$0$47,400,609
86$66,564,907$0$0$52,020,885
87$73,066,147$0$0$57,105,669
88$80,221,429$0$0$62,702,128
89$88,097,180$0$0$68,862,234
90$96,766,592$0$0$75,643,253
91$106,310,315$0$0$83,108,283
92$116,817,213$0$0$91,326,853
93$128,385,207$0$0$100,375,575
94$141,122,195$0$0$110,338,868
95$155,147,069$0$0$121,309,755
96$170,590,838$0$0$133,390,735
97$187,597,863$0$0$146,694,759
98$206,327,218$0$0$161,346,285
99$226,954,189$0$0$177,482,460
100$249,671,931$0$0$195,254,408