Can I retire at age 35 with 1,180,000?

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 $1,180,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.8%
1 years$97,443$96,575$95,728$94,902$94,095$92,612
2 years$48,239$47,341$46,470$45,626$44,807$43,317
3 years$31,840$30,938$30,069$29,233$28,427$26,977
4 years$23,642$22,743$21,883$21,061$20,275$18,874
5 years$18,725$17,830$16,982$16,177$15,413$14,066
6 years$15,447$14,560$13,724$12,937$12,195$10,905
7 years$13,107$12,227$11,405$10,636$9,918$8,684
8 years$11,353$10,481$9,672$8,922$8,228$7,050
9 years$9,989$9,126$8,331$7,600$6,929$5,807
10 years$8,899$8,044$7,263$6,551$5,904$4,836
11 years$8,008$7,161$6,394$5,701$5,078$4,063
12 years$7,265$6,427$5,675$5,001$4,400$3,438
13 years$6,638$5,808$5,070$4,415$3,837$2,926
14 years$6,100$5,280$4,555$3,919$3,364$2,501
15 years$5,635$4,823$4,113$3,495$2,962$2,147
16 years$5,228$4,425$3,729$3,130$2,617$1,849
17 years$4,869$4,075$3,393$2,812$2,321$1,597
18 years$4,551$3,766$3,097$2,534$2,064$1,382
19 years$4,266$3,490$2,836$2,290$1,839$1,199
20 years$4,010$3,243$2,602$2,074$1,643$1,042
21 years$3,779$3,021$2,394$1,882$1,470$906
22 years$3,569$2,820$2,206$1,711$1,318$790
23 years$3,378$2,637$2,037$1,558$1,183$689
24 years$3,203$2,471$1,884$1,421$1,063$601
25 years$3,042$2,319$1,745$1,298$957$525
26 years$2,894$2,179$1,618$1,187$862$459
27 years$2,757$2,051$1,503$1,086$777$402
28 years$2,630$1,933$1,397$995$701$352
29 years$2,512$1,823$1,300$913$633$308
30 years$2,402$1,722$1,211$838$572$270
31 years$2,299$1,628$1,129$769$517$237
32 years$2,203$1,540$1,053$707$468$207
33 years$2,113$1,459$983$650$423$182
34 years$2,029$1,382$919$598$383$160
35 years$1,949$1,311$859$551$347$140
36 years$1,874$1,245$804$507$315$123
37 years$1,803$1,182$752$467$285$108
38 years$1,736$1,123$704$431$258$95
39 years$1,673$1,068$660$397$234$83
40 years$1,613$1,016$619$366$213$73
41 years$1,556$967$580$338$193$64
42 years$1,502$921$544$312$175$56
43 years$1,451$878$511$288$159$49
44 years$1,402$837$479$266$144$43
45 years$1,355$798$450$246$131$38
46 years$1,311$761$423$227$119$34
47 years$1,269$726$397$210$108$29
48 years$1,228$693$373$194$98$26
49 years$1,189$662$351$179$89$23
50 years$1,152$633$330$165$81$20

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $1,180,000, adding $3,322 every year, while hoping to spend $53,549 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: 82/11/7 Blend
34$1,180,000$1,180,000$1,180,000$1,180,000
35$1,303,787$1,241,247$1,222,957$1,409,543
36$1,379,797$1,245,092$1,206,950$1,483,034
37$1,461,766$1,247,331$1,188,612$1,556,200
38$1,550,244$1,247,829$1,167,809$1,634,874
39$1,645,838$1,246,441$1,144,399$1,719,577
40$1,749,212$1,243,015$1,118,236$1,810,882
41$1,861,099$1,237,390$1,089,164$1,909,421
42$1,982,303$1,229,394$1,057,022$2,015,889
43$2,113,707$1,218,844$1,021,642$2,131,052
44$2,256,285$1,205,547$982,847$2,255,754
45$2,411,106$1,189,298$940,452$2,390,924
46$2,579,346$1,169,881$894,264$2,537,587
47$2,762,298$1,147,064$844,081$2,696,871
48$2,961,388$1,120,606$789,693$2,870,019
49$3,178,181$1,090,247$730,879$3,058,402
50$3,414,401$1,055,714$667,409$3,263,528
51$3,671,944$1,016,719$599,042$3,487,063
52$3,952,899$972,955$525,527$3,730,838
53$4,259,564$924,099$446,601$3,996,874
54$4,594,468$869,808$361,990$4,287,399
55$4,960,395$809,720$271,408$4,604,865
56$5,360,412$743,453$174,557$4,951,979
57$5,797,894$670,601$71,124$5,331,720
58$6,276,556$590,738$0$5,747,375
59$6,800,490$503,410$0$6,205,496
60$7,374,204$408,141$0$6,713,003
61$8,002,658$304,425$0$7,269,004
62$8,691,318$191,730$0$7,878,375
63$9,446,201$69,494$0$8,546,489
64$10,273,936$0$0$9,279,267
65$11,181,822$0$0$10,090,846
66$12,177,902$0$0$10,990,519
67$13,271,031$0$0$11,977,875
68$14,470,965$0$0$13,061,731
69$15,788,450$0$0$14,251,797
70$17,235,325$0$0$15,558,769
71$18,824,629$0$0$16,994,432
72$20,570,728$0$0$18,571,764
73$22,489,447$0$0$20,305,068
74$24,598,222$0$0$22,210,097
75$26,916,260$0$0$24,304,206
76$29,464,722$0$0$26,606,519
77$32,266,921$0$0$29,138,100
78$35,348,544$0$0$31,922,161
79$38,737,890$0$0$34,984,273
80$42,466,139$0$0$38,352,612
81$46,567,644$0$0$42,058,219
82$51,080,256$0$0$46,135,298
83$56,045,681$0$0$50,621,534
84$61,509,868$0$0$55,558,449
85$67,523,450$0$0$60,991,796
86$74,142,214$0$0$66,971,985
87$81,427,630$0$0$73,554,563
88$89,447,430$0$0$80,800,734
89$98,276,246$0$0$88,777,938
90$107,996,315$0$0$97,560,486
91$118,698,251$0$0$107,230,261
92$130,481,904$0$0$117,877,489
93$143,457,297$0$0$129,601,590
94$157,745,666$0$0$142,512,119
95$173,480,605$0$0$156,729,794
96$190,809,320$0$0$172,387,637
97$209,894,027$0$0$189,632,229
98$230,913,471$0$0$208,625,093
99$254,064,622$0$0$229,544,216
100$279,564,526$0$0$252,585,729