Can I retire at age 35 with 1,170,000?

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 $1,170,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.7%
1 years$96,618$95,757$94,917$94,098$93,297$91,116
2 years$47,830$46,940$46,076$45,239$44,427$42,242
3 years$31,570$30,676$29,814$28,985$28,187$26,066
4 years$23,442$22,550$21,697$20,882$20,103$18,063
5 years$18,566$17,679$16,838$16,040$15,282$13,328
6 years$15,316$14,436$13,608$12,827$12,092$10,227
7 years$12,996$12,124$11,308$10,546$9,834$8,057
8 years$11,257$10,392$9,590$8,847$8,158$6,469
9 years$9,905$9,048$8,260$7,535$6,870$5,268
10 years$8,824$7,976$7,201$6,496$5,854$4,337
11 years$7,940$7,100$6,340$5,653$5,035$3,600
12 years$7,204$6,373$5,626$4,958$4,363$3,009
13 years$6,581$5,759$5,027$4,378$3,805$2,528
14 years$6,048$5,235$4,517$3,886$3,335$2,134
15 years$5,587$4,782$4,078$3,466$2,936$1,808
16 years$5,184$4,388$3,697$3,103$2,595$1,536
17 years$4,828$4,041$3,364$2,788$2,301$1,309
18 years$4,512$3,734$3,071$2,513$2,046$1,117
19 years$4,230$3,461$2,812$2,270$1,824$956
20 years$3,976$3,216$2,580$2,056$1,629$818
21 years$3,747$2,995$2,373$1,866$1,458$702
22 years$3,539$2,796$2,187$1,697$1,307$603
23 years$3,350$2,615$2,020$1,545$1,173$518
24 years$3,176$2,450$1,868$1,409$1,054$445
25 years$3,016$2,299$1,730$1,287$949$383
26 years$2,869$2,161$1,605$1,177$855$330
27 years$2,734$2,034$1,490$1,077$770$284
28 years$2,608$1,916$1,385$987$695$245
29 years$2,491$1,808$1,289$905$628$211
30 years$2,382$1,707$1,201$831$567$182
31 years$2,280$1,614$1,119$763$513$157
32 years$2,185$1,527$1,044$701$464$136
33 years$2,095$1,446$975$645$420$117
34 years$2,011$1,371$911$593$380$101
35 years$1,933$1,300$852$546$344$87
36 years$1,858$1,234$797$503$312$75
37 years$1,788$1,172$746$463$283$65
38 years$1,722$1,114$698$427$256$56
39 years$1,659$1,059$654$394$232$49
40 years$1,600$1,008$613$363$211$42
41 years$1,543$959$575$335$191$36
42 years$1,490$914$539$309$174$31
43 years$1,439$870$506$286$157$27
44 years$1,390$830$475$264$143$23
45 years$1,344$791$446$243$130$20
46 years$1,300$755$419$225$118$17
47 years$1,258$720$394$208$107$15
48 years$1,218$688$370$192$97$13
49 years$1,179$657$348$177$88$11
50 years$1,142$627$327$164$80$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $1,170,000, adding $5,998 every year, while hoping to spend $26,465 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: 68/26/6 Blend
34$1,170,000$1,170,000$1,170,000$1,170,000
35$1,295,527$1,233,517$1,215,382$1,382,091
36$1,399,512$1,265,801$1,227,939$1,472,486
37$1,513,217$1,298,779$1,240,029$1,567,510
38$1,637,604$1,332,459$1,251,610$1,670,702
39$1,773,736$1,366,845$1,262,634$1,782,855
40$1,922,779$1,401,943$1,273,055$1,904,843
41$2,086,021$1,437,756$1,282,820$2,037,628
42$2,264,877$1,474,289$1,291,877$2,182,268
43$2,460,909$1,511,543$1,300,169$2,339,931
44$2,675,833$1,549,520$1,307,636$2,511,901
45$2,911,543$1,588,222$1,314,217$2,699,591
46$3,170,123$1,627,647$1,319,846$2,904,561
47$3,453,869$1,667,795$1,324,454$3,128,526
48$3,765,309$1,708,662$1,327,969$3,373,376
49$4,107,229$1,750,245$1,330,314$3,641,192
50$4,482,697$1,792,538$1,331,411$3,934,268
51$4,895,094$1,835,535$1,331,175$4,255,129
52$5,348,143$1,879,225$1,329,518$4,606,558
53$5,845,946$1,923,600$1,326,349$4,991,620
54$6,393,022$1,968,646$1,321,572$5,413,693
55$6,994,350$2,014,349$1,315,084$5,876,497
56$7,655,414$2,060,692$1,306,780$6,384,132
57$8,382,258$2,107,657$1,296,548$6,941,113
58$9,181,538$2,155,223$1,284,273$7,552,416
59$10,060,590$2,203,364$1,269,831$8,223,525
60$11,027,495$2,252,053$1,253,095$8,960,479
61$12,091,157$2,301,262$1,233,932$9,769,935
62$13,261,387$2,350,955$1,212,200$10,659,226
63$14,548,994$2,401,097$1,187,754$11,636,434
64$15,965,887$2,451,647$1,160,440$12,710,462
65$17,525,190$2,502,560$1,130,096$13,891,124
66$19,241,361$2,553,787$1,096,556$15,189,229
67$21,130,332$2,605,276$1,059,644$16,616,692
68$23,209,659$2,656,967$1,019,175$18,186,640
69$25,498,684$2,708,798$974,957$19,913,540
70$28,018,722$2,760,701$926,790$21,813,331
71$30,793,257$2,812,601$874,463$23,903,581
72$33,848,168$2,864,417$817,756$26,203,647
73$37,211,971$2,916,064$756,441$28,734,858
74$40,916,088$2,967,447$690,278$31,520,722
75$44,995,142$3,018,465$619,015$34,587,140
76$49,487,287$3,069,010$542,393$37,962,658
77$54,434,564$3,118,965$460,136$41,678,731
78$59,883,299$3,168,204$371,961$45,770,023
79$65,884,542$3,216,593$277,568$50,274,734
80$72,494,547$3,263,987$176,648$55,234,958
81$79,775,300$3,310,231$68,874$60,697,084
82$87,795,108$3,355,160$0$66,712,234
83$96,629,243$3,398,597$0$73,339,696
84$106,360,649$3,440,352$0$80,643,495
85$117,080,728$3,480,222$0$88,687,654
86$128,890,201$3,517,991$0$97,547,592
87$141,900,058$3,553,429$0$107,306,416
88$156,232,606$3,586,290$0$118,055,712
89$172,022,625$3,616,311$0$129,896,408
90$189,418,637$3,643,214$0$142,939,721
91$208,584,307$3,666,701$0$157,308,218
92$229,699,992$3,686,455$0$173,136,964
93$252,964,439$3,702,139$0$190,574,799
94$278,596,665$3,713,397$0$209,785,749
95$306,838,017$3,719,846$0$230,950,566
96$337,954,459$3,721,083$0$254,268,442
97$372,239,076$3,716,677$0$279,958,887
98$410,014,841$3,706,174$0$308,263,800
99$451,637,666$3,689,088$0$339,449,755
100$497,499,761$3,664,907$0$373,810,517