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%11.3%
1 years$96,618$95,757$94,917$94,098$93,297$92,787
2 years$47,830$46,940$46,076$45,239$44,427$43,913
3 years$31,570$30,676$29,814$28,985$28,187$27,683
4 years$23,442$22,550$21,697$20,882$20,103$19,615
5 years$18,566$17,679$16,838$16,040$15,282$14,810
6 years$15,316$14,436$13,608$12,827$12,092$11,638
7 years$12,996$12,124$11,308$10,546$9,834$9,397
8 years$11,257$10,392$9,590$8,847$8,158$7,739
9 years$9,905$9,048$8,260$7,535$6,870$6,468
10 years$8,824$7,976$7,201$6,496$5,854$5,469
11 years$7,940$7,100$6,340$5,653$5,035$4,667
12 years$7,204$6,373$5,626$4,958$4,363$4,012
13 years$6,581$5,759$5,027$4,378$3,805$3,470
14 years$6,048$5,235$4,517$3,886$3,335$3,016
15 years$5,587$4,782$4,078$3,466$2,936$2,633
16 years$5,184$4,388$3,697$3,103$2,595$2,307
17 years$4,828$4,041$3,364$2,788$2,301$2,027
18 years$4,512$3,734$3,071$2,513$2,046$1,786
19 years$4,230$3,461$2,812$2,270$1,824$1,578
20 years$3,976$3,216$2,580$2,056$1,629$1,396
21 years$3,747$2,995$2,373$1,866$1,458$1,238
22 years$3,539$2,796$2,187$1,697$1,307$1,099
23 years$3,350$2,615$2,020$1,545$1,173$977
24 years$3,176$2,450$1,868$1,409$1,054$870
25 years$3,016$2,299$1,730$1,287$949$775
26 years$2,869$2,161$1,605$1,177$855$691
27 years$2,734$2,034$1,490$1,077$770$617
28 years$2,608$1,916$1,385$987$695$551
29 years$2,491$1,808$1,289$905$628$492
30 years$2,382$1,707$1,201$831$567$440
31 years$2,280$1,614$1,119$763$513$394
32 years$2,185$1,527$1,044$701$464$352
33 years$2,095$1,446$975$645$420$316
34 years$2,011$1,371$911$593$380$283
35 years$1,933$1,300$852$546$344$253
36 years$1,858$1,234$797$503$312$227
37 years$1,788$1,172$746$463$283$204
38 years$1,722$1,114$698$427$256$182
39 years$1,659$1,059$654$394$232$164
40 years$1,600$1,008$613$363$211$147
41 years$1,543$959$575$335$191$132
42 years$1,490$914$539$309$174$118
43 years$1,439$870$506$286$157$106
44 years$1,390$830$475$264$143$95
45 years$1,344$791$446$243$130$85
46 years$1,300$755$419$225$118$77
47 years$1,258$720$394$208$107$69
48 years$1,218$688$370$192$97$62
49 years$1,179$657$348$177$88$56
50 years$1,142$627$327$164$80$50

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 $6,838 every year, while hoping to spend $50,038 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: 83/12/5 Blend
34$1,170,000$1,170,000$1,170,000$1,170,000
35$1,296,393$1,234,383$1,216,248$1,403,343
36$1,375,385$1,241,628$1,203,753$1,481,420
37$1,460,758$1,247,551$1,189,161$1,559,652
38$1,553,108$1,252,034$1,172,351$1,643,977
39$1,653,094$1,254,952$1,153,194$1,734,972
40$1,761,437$1,256,173$1,131,554$1,833,274
41$1,878,933$1,255,555$1,107,290$1,939,587
42$2,006,456$1,252,948$1,080,255$2,054,682
43$2,144,965$1,248,193$1,050,295$2,179,410
44$2,295,519$1,241,122$1,017,247$2,314,710
45$2,459,280$1,231,555$980,943$2,461,614
46$2,637,527$1,219,303$941,206$2,621,258
47$2,831,669$1,204,162$897,850$2,794,897
48$3,043,255$1,185,922$850,683$2,983,909
49$3,273,989$1,164,354$799,503$3,189,817
50$3,525,748$1,139,219$744,099$3,414,296
51$3,800,597$1,110,264$684,249$3,659,191
52$4,100,811$1,077,220$619,724$3,926,536
53$4,428,892$1,039,802$550,283$4,218,574
54$4,787,595$997,709$475,675$4,537,774
55$5,179,956$950,623$395,636$4,886,858
56$5,609,314$898,206$309,892$5,268,824
57$6,079,349$840,102$218,158$5,686,979
58$6,594,110$775,935$120,134$6,144,965
59$7,158,059$705,306$15,508$6,646,795
60$7,776,108$627,793$0$7,196,894
61$8,453,668$542,952$0$7,805,266
62$9,196,698$450,312$0$8,473,371
63$10,011,761$349,376$0$9,206,323
64$10,906,085$239,621$0$10,010,667
65$11,887,634$120,490$0$10,893,616
66$12,965,178$0$0$11,863,120
67$14,148,380$0$0$12,929,074
68$15,447,882$0$0$14,117,302
69$16,875,408$0$0$15,422,617
70$18,443,875$0$0$16,856,833
71$20,167,513$0$0$18,432,964
72$22,061,995$0$0$20,165,348
73$24,144,593$0$0$22,069,779
74$26,434,332$0$0$24,163,661
75$28,952,175$0$0$26,466,166
76$31,721,216$0$0$28,998,418
77$34,766,901$0$0$31,783,690
78$38,117,265$0$0$34,847,623
79$41,803,196$0$0$38,218,470
80$45,858,728$0$0$41,927,360
81$50,321,361$0$0$46,008,591
82$55,232,410$0$0$50,499,954
83$60,637,402$0$0$55,443,088
84$66,586,499$0$0$60,883,874
85$73,134,972$0$0$66,872,866
86$80,343,724$0$0$73,465,769
87$88,279,862$0$0$80,723,962
88$97,017,329$0$0$88,715,078
89$106,637,606$0$0$97,513,642
90$117,230,472$0$0$107,201,773
91$128,894,860$0$0$117,869,958
92$141,739,782$0$0$129,617,906
93$155,885,362$0$0$142,555,489
94$171,463,967$0$0$156,803,778
95$188,621,455$0$0$172,496,182
96$207,518,555$0$0$189,779,711
97$228,332,377$0$0$208,816,361
98$251,258,088$0$0$229,784,642
99$276,510,748$0$0$252,881,262
100$304,327,347$0$0$278,322,982