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

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 $1,180,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.8%
1 years$97,443$96,575$95,728$94,902$94,095$93,384
2 years$48,239$47,341$46,470$45,626$44,807$44,091
3 years$31,840$30,938$30,069$29,233$28,427$27,728
4 years$23,642$22,743$21,883$21,061$20,275$19,597
5 years$18,725$17,830$16,982$16,177$15,413$14,758
6 years$15,447$14,560$13,724$12,937$12,195$11,566
7 years$13,107$12,227$11,405$10,636$9,918$9,313
8 years$11,353$10,481$9,672$8,922$8,228$7,648
9 years$9,989$9,126$8,331$7,600$6,929$6,374
10 years$8,899$8,044$7,263$6,551$5,904$5,373
11 years$8,008$7,161$6,394$5,701$5,078$4,571
12 years$7,265$6,427$5,675$5,001$4,400$3,917
13 years$6,638$5,808$5,070$4,415$3,837$3,377
14 years$6,100$5,280$4,555$3,919$3,364$2,926
15 years$5,635$4,823$4,113$3,495$2,962$2,546
16 years$5,228$4,425$3,729$3,130$2,617$2,223
17 years$4,869$4,075$3,393$2,812$2,321$1,947
18 years$4,551$3,766$3,097$2,534$2,064$1,709
19 years$4,266$3,490$2,836$2,290$1,839$1,504
20 years$4,010$3,243$2,602$2,074$1,643$1,326
21 years$3,779$3,021$2,394$1,882$1,470$1,172
22 years$3,569$2,820$2,206$1,711$1,318$1,036
23 years$3,378$2,637$2,037$1,558$1,183$918
24 years$3,203$2,471$1,884$1,421$1,063$814
25 years$3,042$2,319$1,745$1,298$957$722
26 years$2,894$2,179$1,618$1,187$862$642
27 years$2,757$2,051$1,503$1,086$777$570
28 years$2,630$1,933$1,397$995$701$507
29 years$2,512$1,823$1,300$913$633$452
30 years$2,402$1,722$1,211$838$572$402
31 years$2,299$1,628$1,129$769$517$358
32 years$2,203$1,540$1,053$707$468$319
33 years$2,113$1,459$983$650$423$285
34 years$2,029$1,382$919$598$383$254
35 years$1,949$1,311$859$551$347$227
36 years$1,874$1,245$804$507$315$202
37 years$1,803$1,182$752$467$285$181
38 years$1,736$1,123$704$431$258$161
39 years$1,673$1,068$660$397$234$144
40 years$1,613$1,016$619$366$213$129
41 years$1,556$967$580$338$193$115
42 years$1,502$921$544$312$175$103
43 years$1,451$878$511$288$159$92
44 years$1,402$837$479$266$144$82
45 years$1,355$798$450$246$131$73
46 years$1,311$761$423$227$119$66
47 years$1,269$726$397$210$108$59
48 years$1,228$693$373$194$98$52
49 years$1,189$662$351$179$89$47
50 years$1,152$633$330$165$81$42

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 $4,920 every year, while hoping to spend $29,314 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: 55/19/26 Blend
34$1,180,000$1,180,000$1,180,000$1,180,000
35$1,305,435$1,242,895$1,224,605$1,367,633
36$1,407,399$1,272,607$1,234,439$1,440,686
37$1,518,782$1,302,792$1,243,621$1,516,751
38$1,640,512$1,333,443$1,252,096$1,598,993
39$1,773,613$1,364,551$1,259,810$1,688,016
40$1,919,212$1,396,105$1,266,705$1,784,485
41$2,078,550$1,428,092$1,272,718$1,889,134
42$2,252,993$1,460,500$1,277,785$2,002,769
43$2,444,046$1,493,312$1,281,838$2,126,283
44$2,653,366$1,526,511$1,284,807$2,260,657
45$2,882,777$1,560,078$1,286,615$2,406,973
46$3,134,289$1,593,991$1,287,186$2,566,423
47$3,410,116$1,628,225$1,286,436$2,740,323
48$3,712,695$1,662,756$1,284,279$2,930,121
49$4,044,712$1,697,553$1,280,624$3,137,415
50$4,409,124$1,732,584$1,275,376$3,363,966
51$4,809,189$1,767,816$1,268,436$3,611,716
52$5,248,497$1,803,209$1,259,699$3,882,802
53$5,731,000$1,838,723$1,249,056$4,179,586
54$6,261,054$1,874,312$1,236,391$4,504,665
55$6,843,457$1,909,929$1,221,586$4,860,907
56$7,483,493$1,945,519$1,204,513$5,251,470
57$8,186,987$1,981,027$1,185,041$5,679,838
58$8,960,352$2,016,390$1,163,032$6,149,848
59$9,810,657$2,051,542$1,138,343$6,665,734
60$10,745,688$2,086,411$1,110,821$7,232,159
61$11,774,024$2,120,921$1,080,310$7,854,266
62$12,905,117$2,154,989$1,046,642$8,537,723
63$14,149,380$2,188,525$1,009,647$9,288,777
64$15,518,289$2,221,435$969,142$10,114,317
65$17,024,485$2,253,616$924,939$11,021,932
66$18,681,899$2,284,959$876,840$12,019,991
67$20,505,877$2,315,346$824,639$13,117,719
68$22,513,331$2,344,653$768,119$14,325,281
69$24,722,895$2,372,745$707,055$15,653,885
70$27,155,101$2,399,480$641,212$17,115,883
71$29,832,571$2,424,704$570,343$18,724,891
72$32,780,234$2,448,256$494,190$20,495,916
73$36,025,559$2,469,961$412,486$22,445,501
74$39,598,811$2,489,634$324,949$24,591,878
75$43,533,342$2,507,079$231,288$26,955,143
76$47,865,902$2,522,085$131,195$29,557,447
77$52,636,986$2,534,429$24,352$32,423,203
78$57,891,217$2,543,875$0$35,579,322
79$63,677,765$2,550,168$0$39,080,337
80$70,050,813$2,553,042$0$42,942,888
81$77,070,066$2,552,211$0$47,196,344
82$84,801,316$2,547,373$0$51,880,518
83$93,317,062$2,538,206$0$57,039,288
84$102,697,193$2,524,369$0$62,721,007
85$113,029,744$2,505,500$0$68,978,958
86$124,411,725$2,481,216$0$75,871,863
87$136,950,035$2,451,110$0$83,464,431
88$150,762,475$2,414,751$0$91,827,974
89$165,978,855$2,371,681$0$101,041,079
90$182,742,222$2,321,418$0$111,190,348
91$201,210,209$2,263,447$0$122,371,220
92$221,556,521$2,197,226$0$134,688,869
93$243,972,577$2,122,182$0$148,259,197
94$268,669,315$2,037,704$0$163,209,934
95$295,879,185$1,943,151$0$179,681,835
96$325,858,337$1,837,841$0$197,830,018
97$358,889,046$1,721,054$0$217,825,425
98$395,282,372$1,592,029$0$239,856,436
99$435,381,097$1,449,961$0$264,130,650
100$479,562,959$1,294,000$0$290,876,843