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

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 $1,170,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.8%
1 years$96,618$95,757$94,917$94,098$93,297$89,631
2 years$47,830$46,940$46,076$45,239$44,427$40,779
3 years$31,570$30,676$29,814$28,985$28,187$24,670
4 years$23,442$22,550$21,697$20,882$20,103$16,745
5 years$18,566$17,679$16,838$16,040$15,282$12,092
6 years$15,316$14,436$13,608$12,827$12,092$9,072
7 years$12,996$12,124$11,308$10,546$9,834$6,983
8 years$11,257$10,392$9,590$8,847$8,158$5,473
9 years$9,905$9,048$8,260$7,535$6,870$4,347
10 years$8,824$7,976$7,201$6,496$5,854$3,487
11 years$7,940$7,100$6,340$5,653$5,035$2,819
12 years$7,204$6,373$5,626$4,958$4,363$2,293
13 years$6,581$5,759$5,027$4,378$3,805$1,874
14 years$6,048$5,235$4,517$3,886$3,335$1,537
15 years$5,587$4,782$4,078$3,466$2,936$1,265
16 years$5,184$4,388$3,697$3,103$2,595$1,044
17 years$4,828$4,041$3,364$2,788$2,301$863
18 years$4,512$3,734$3,071$2,513$2,046$715
19 years$4,230$3,461$2,812$2,270$1,824$593
20 years$3,976$3,216$2,580$2,056$1,629$492
21 years$3,747$2,995$2,373$1,866$1,458$409
22 years$3,539$2,796$2,187$1,697$1,307$340
23 years$3,350$2,615$2,020$1,545$1,173$283
24 years$3,176$2,450$1,868$1,409$1,054$235
25 years$3,016$2,299$1,730$1,287$949$196
26 years$2,869$2,161$1,605$1,177$855$163
27 years$2,734$2,034$1,490$1,077$770$136
28 years$2,608$1,916$1,385$987$695$114
29 years$2,491$1,808$1,289$905$628$95
30 years$2,382$1,707$1,201$831$567$79
31 years$2,280$1,614$1,119$763$513$66
32 years$2,185$1,527$1,044$701$464$55
33 years$2,095$1,446$975$645$420$46
34 years$2,011$1,371$911$593$380$38
35 years$1,933$1,300$852$546$344$32
36 years$1,858$1,234$797$503$312$27
37 years$1,788$1,172$746$463$283$22
38 years$1,722$1,114$698$427$256$19
39 years$1,659$1,059$654$394$232$15
40 years$1,600$1,008$613$363$211$13
41 years$1,543$959$575$335$191$11
42 years$1,490$914$539$309$174$9
43 years$1,439$870$506$286$157$8
44 years$1,390$830$475$264$143$6
45 years$1,344$791$446$243$130$5
46 years$1,300$755$419$225$118$4
47 years$1,258$720$394$208$107$4
48 years$1,218$688$370$192$97$3
49 years$1,179$657$348$177$88$3
50 years$1,142$627$327$164$80$2

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 $4,773 every year, while hoping to spend $38,102 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: 53/41/6 Blend
34$1,170,000$1,170,000$1,170,000$1,170,000
35$1,294,263$1,232,253$1,214,118$1,360,820
36$1,385,738$1,252,094$1,214,251$1,426,250
37$1,485,266$1,271,629$1,213,111$1,492,809
38$1,593,629$1,290,804$1,210,616$1,564,292
39$1,711,686$1,309,560$1,206,678$1,641,171
40$1,840,383$1,327,834$1,201,207$1,723,964
41$1,980,761$1,345,557$1,194,107$1,813,246
42$2,133,967$1,362,658$1,185,278$1,909,649
43$2,301,262$1,379,058$1,174,615$2,013,868
44$2,484,034$1,394,676$1,162,008$2,126,674
45$2,683,813$1,409,422$1,147,342$2,248,914
46$2,902,280$1,423,202$1,130,497$2,381,523
47$3,141,290$1,435,916$1,111,346$2,525,532
48$3,402,883$1,447,457$1,089,757$2,682,080
49$3,689,305$1,457,711$1,065,592$2,852,421
50$4,003,031$1,466,556$1,038,707$3,037,938
51$4,346,786$1,473,863$1,008,949$3,240,159
52$4,723,571$1,479,495$976,161$3,460,768
53$5,136,690$1,483,305$940,178$3,701,621
54$5,589,783$1,485,138$900,825$3,964,768
55$6,086,861$1,484,829$857,922$4,252,467
56$6,632,338$1,482,203$811,280$4,567,212
57$7,231,079$1,477,074$760,700$4,911,752
58$7,888,443$1,469,244$705,977$5,289,117
59$8,610,331$1,458,504$646,895$5,702,653
60$9,403,246$1,444,632$583,227$6,156,047
61$10,274,349$1,427,391$514,737$6,653,366
62$11,231,533$1,406,533$441,181$7,199,098
63$12,283,489$1,381,793$362,300$7,798,190
64$13,439,794$1,352,891$277,827$8,456,097
65$14,711,000$1,319,528$187,480$9,178,838
66$16,108,729$1,281,392$90,968$9,973,048
67$17,645,788$1,238,150$0$10,846,045
68$19,336,288$1,189,448$0$11,806,669
69$21,195,773$1,134,915$0$12,869,315
70$23,241,372$1,074,156$0$14,037,986
71$25,491,956$1,006,754$0$15,323,526
72$27,968,319$932,269$0$16,737,888
73$30,693,371$850,233$0$18,294,254
74$33,692,355$760,155$0$20,007,156
75$36,993,086$661,513$0$21,892,615
76$40,626,211$553,757$0$23,968,293
77$44,625,499$436,305$0$26,253,665
78$49,028,159$308,544$0$28,770,199
79$53,875,194$169,825$0$31,541,563
80$59,211,780$19,463$0$34,593,848
81$65,087,699$0$0$37,955,820
82$71,557,806$0$0$41,723,826
83$78,682,546$0$0$45,882,889
84$86,528,523$0$0$50,463,128
85$95,169,131$0$0$55,507,408
86$104,685,244$0$0$61,062,961
87$115,165,979$0$0$67,181,835
88$126,709,539$0$0$73,921,384
89$139,424,137$0$0$81,344,807
90$153,429,015$0$0$89,521,748
91$168,855,574$0$0$98,528,949
92$185,848,612$0$0$108,450,978
93$204,567,688$0$0$119,381,025
94$225,188,628$0$0$131,421,780
95$247,905,188$0$0$144,686,404
96$272,930,878$0$0$159,299,598
97$300,500,978$0$0$175,398,776
98$330,874,759$0$0$193,135,364
99$364,337,930$0$0$212,676,230
100$401,205,335$0$0$234,205,259