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

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 $1,160,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.2%
1 years$95,792$94,938$94,106$93,293$92,500$90,154
2 years$47,422$46,538$45,683$44,853$44,048$41,699
3 years$31,300$30,413$29,560$28,738$27,946$25,669
4 years$23,241$22,357$21,512$20,704$19,931$17,743
5 years$18,407$17,528$16,694$15,902$15,151$13,058
6 years$15,185$14,313$13,491$12,717$11,989$9,992
7 years$12,885$12,020$11,211$10,456$9,750$7,850
8 years$11,161$10,303$9,508$8,771$8,089$6,285
9 years$9,820$8,971$8,189$7,471$6,812$5,102
10 years$8,748$7,908$7,140$6,440$5,804$4,187
11 years$7,872$7,040$6,286$5,605$4,992$3,465
12 years$7,142$6,318$5,578$4,916$4,326$2,886
13 years$6,525$5,710$4,984$4,340$3,772$2,417
14 years$5,997$5,190$4,478$3,853$3,307$2,033
15 years$5,539$4,741$4,043$3,436$2,911$1,717
16 years$5,139$4,350$3,666$3,077$2,573$1,453
17 years$4,787$4,006$3,336$2,764$2,281$1,234
18 years$4,474$3,702$3,045$2,491$2,029$1,049
19 years$4,194$3,431$2,788$2,251$1,808$894
20 years$3,942$3,188$2,558$2,039$1,615$763
21 years$3,715$2,970$2,353$1,850$1,445$652
22 years$3,509$2,772$2,169$1,682$1,295$557
23 years$3,321$2,593$2,002$1,532$1,163$477
24 years$3,149$2,429$1,852$1,397$1,045$409
25 years$2,991$2,280$1,715$1,276$941$350
26 years$2,845$2,143$1,591$1,167$847$301
27 years$2,710$2,016$1,477$1,068$764$258
28 years$2,585$1,900$1,373$979$689$221
29 years$2,469$1,792$1,278$897$622$190
30 years$2,361$1,693$1,190$824$562$163
31 years$2,260$1,600$1,110$756$508$140
32 years$2,166$1,514$1,035$695$460$121
33 years$2,077$1,434$967$639$416$104
34 years$1,994$1,359$903$588$377$89
35 years$1,916$1,289$844$541$341$77
36 years$1,842$1,223$790$499$309$66
37 years$1,773$1,162$739$459$280$57
38 years$1,707$1,104$692$423$254$49
39 years$1,645$1,050$649$390$230$42
40 years$1,586$999$608$360$209$36
41 years$1,530$951$570$332$190$31
42 years$1,477$906$535$307$172$27
43 years$1,426$863$502$283$156$23
44 years$1,378$823$471$261$142$20
45 years$1,332$784$442$241$129$17
46 years$1,289$748$415$223$117$15
47 years$1,247$714$390$206$106$13
48 years$1,207$682$367$190$96$11
49 years$1,169$651$345$176$87$9
50 years$1,133$622$324$163$79$8

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 $3,261 every year, while hoping to spend $51,832 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: 50/27/23 Blend
34$1,160,000$1,160,000$1,160,000$1,160,000
35$1,281,684$1,220,204$1,202,224$1,337,339
36$1,357,267$1,224,845$1,187,349$1,380,973
37$1,438,822$1,227,976$1,170,240$1,422,854
38$1,526,904$1,229,469$1,150,765$1,467,310
39$1,622,122$1,229,187$1,128,789$1,514,604
40$1,725,145$1,226,984$1,104,170$1,565,032
41$1,836,710$1,222,707$1,076,761$1,618,919
42$1,957,627$1,216,191$1,046,404$1,676,628
43$2,088,784$1,207,264$1,012,938$1,738,563
44$2,231,161$1,195,741$976,192$1,805,170
45$2,385,834$1,181,427$935,990$1,876,944
46$2,553,987$1,164,115$892,143$1,954,436
47$2,736,923$1,143,586$844,459$2,038,255
48$2,936,075$1,119,607$792,735$2,129,077
49$3,153,020$1,091,933$736,756$2,227,650
50$3,389,494$1,060,304$676,303$2,334,806
51$3,647,406$1,024,442$611,143$2,451,462
52$3,928,859$984,058$541,034$2,578,638
53$4,236,166$938,841$465,723$2,717,461
54$4,571,876$888,465$384,945$2,869,180
55$4,938,793$832,584$298,426$3,035,177
56$5,340,003$770,835$205,877$3,216,980
57$5,778,907$702,829$106,997$3,416,282
58$6,259,246$628,159$1,473$3,634,957
59$6,785,144$546,393$0$3,875,074
60$7,361,138$457,075$0$4,166,200
61$7,992,226$359,724$0$4,485,751
62$8,683,913$253,831$0$4,836,253
63$9,442,262$138,858$0$5,220,894
64$10,273,948$14,238$0$5,643,192
65$11,186,327$0$0$6,107,028
66$12,187,498$0$0$6,652,526
67$13,286,384$0$0$7,256,034
68$14,492,813$0$0$7,918,736
69$15,817,610$0$0$8,646,596
70$17,272,703$0$0$9,446,181
71$18,871,229$0$0$10,324,730
72$20,627,661$0$0$11,290,214
73$22,557,943$0$0$12,351,418
74$24,679,641$0$0$13,518,016
75$27,012,107$0$0$14,800,670
76$29,576,662$0$0$16,211,125
77$32,396,795$0$0$17,762,322
78$35,498,385$0$0$19,468,516
79$38,909,948$0$0$21,345,418
80$42,662,897$0$0$23,410,333
81$46,791,848$0$0$25,682,331
82$51,334,937$0$0$28,182,425
83$56,334,187$0$0$30,933,763
84$61,835,897$0$0$33,961,854
85$67,891,085$0$0$37,294,806
86$74,555,960$0$0$40,963,588
87$81,892,463$0$0$45,002,323
88$89,968,841$0$0$49,448,614
89$98,860,294$0$0$54,343,892
90$108,649,687$0$0$59,733,811
91$119,428,325$0$0$65,668,677
92$131,296,820$0$0$72,203,924
93$144,366,036$0$0$79,400,632
94$158,758,136$0$0$87,326,110
95$174,607,733$0$0$96,054,525
96$192,063,161$0$0$105,667,604
97$211,287,874$0$0$116,255,406
98$232,461,988$0$0$127,917,170
99$255,783,977$0$0$140,762,251
100$281,472,552$0$0$154,911,152