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%11.3%
1 years$97,443$96,575$95,728$94,902$94,095$93,580
2 years$48,239$47,341$46,470$45,626$44,807$44,288
3 years$31,840$30,938$30,069$29,233$28,427$27,920
4 years$23,642$22,743$21,883$21,061$20,275$19,782
5 years$18,725$17,830$16,982$16,177$15,413$14,937
6 years$15,447$14,560$13,724$12,937$12,195$11,737
7 years$13,107$12,227$11,405$10,636$9,918$9,477
8 years$11,353$10,481$9,672$8,922$8,228$7,805
9 years$9,989$9,126$8,331$7,600$6,929$6,524
10 years$8,899$8,044$7,263$6,551$5,904$5,516
11 years$8,008$7,161$6,394$5,701$5,078$4,707
12 years$7,265$6,427$5,675$5,001$4,400$4,046
13 years$6,638$5,808$5,070$4,415$3,837$3,499
14 years$6,100$5,280$4,555$3,919$3,364$3,042
15 years$5,635$4,823$4,113$3,495$2,962$2,655
16 years$5,228$4,425$3,729$3,130$2,617$2,327
17 years$4,869$4,075$3,393$2,812$2,321$2,045
18 years$4,551$3,766$3,097$2,534$2,064$1,802
19 years$4,266$3,490$2,836$2,290$1,839$1,591
20 years$4,010$3,243$2,602$2,074$1,643$1,408
21 years$3,779$3,021$2,394$1,882$1,470$1,248
22 years$3,569$2,820$2,206$1,711$1,318$1,108
23 years$3,378$2,637$2,037$1,558$1,183$985
24 years$3,203$2,471$1,884$1,421$1,063$877
25 years$3,042$2,319$1,745$1,298$957$781
26 years$2,894$2,179$1,618$1,187$862$697
27 years$2,757$2,051$1,503$1,086$777$622
28 years$2,630$1,933$1,397$995$701$555
29 years$2,512$1,823$1,300$913$633$496
30 years$2,402$1,722$1,211$838$572$444
31 years$2,299$1,628$1,129$769$517$397
32 years$2,203$1,540$1,053$707$468$355
33 years$2,113$1,459$983$650$423$318
34 years$2,029$1,382$919$598$383$285
35 years$1,949$1,311$859$551$347$255
36 years$1,874$1,245$804$507$315$229
37 years$1,803$1,182$752$467$285$205
38 years$1,736$1,123$704$431$258$184
39 years$1,673$1,068$660$397$234$165
40 years$1,613$1,016$619$366$213$148
41 years$1,556$967$580$338$193$133
42 years$1,502$921$544$312$175$119
43 years$1,451$878$511$288$159$107
44 years$1,402$837$479$266$144$96
45 years$1,355$798$450$246$131$86
46 years$1,311$761$423$227$119$77
47 years$1,269$726$397$210$108$69
48 years$1,228$693$373$194$98$62
49 years$1,189$662$351$179$89$56
50 years$1,152$633$330$165$81$50

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 $6,859 every year, while hoping to spend $43,434 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: 47/34/19 Blend
34$1,180,000$1,180,000$1,180,000$1,180,000
35$1,307,435$1,244,895$1,226,605$1,361,537
36$1,394,580$1,259,681$1,221,483$1,414,723
37$1,489,158$1,273,737$1,214,733$1,467,499
38$1,591,881$1,286,979$1,206,256$1,523,869
39$1,703,534$1,299,321$1,195,946$1,584,185
40$1,824,977$1,310,671$1,183,693$1,648,841
41$1,957,159$1,320,928$1,169,382$1,718,269
42$2,101,124$1,329,989$1,152,891$1,792,948
43$2,258,020$1,337,740$1,134,094$1,873,408
44$2,429,111$1,344,061$1,112,859$1,960,236
45$2,615,787$1,348,828$1,089,046$2,054,080
46$2,819,580$1,351,903$1,062,512$2,155,655
47$3,042,175$1,353,143$1,033,104$2,265,754
48$3,285,427$1,352,397$1,000,663$2,385,253
49$3,551,378$1,349,503$965,023$2,515,119
50$3,842,278$1,344,288$926,010$2,656,422
51$4,160,602$1,336,570$883,444$2,810,343
52$4,509,078$1,326,156$837,133$2,978,189
53$4,890,707$1,312,840$786,880$3,161,402
54$5,308,795$1,296,406$732,477$3,361,578
55$5,766,985$1,276,623$673,708$3,580,477
56$6,269,286$1,253,245$610,345$3,820,045
57$6,820,115$1,226,016$542,153$4,082,431
58$7,424,336$1,194,660$468,885$4,370,009
59$8,087,307$1,158,888$390,282$4,685,399
60$8,814,931$1,118,392$306,075$5,031,497
61$9,613,708$1,072,848$215,983$5,411,498
62$10,490,800$1,021,910$119,711$5,828,932
63$11,454,094$965,217$16,955$6,287,694
64$12,512,282$902,382$0$6,792,085
65$13,674,935$833,000$0$7,365,648
66$14,952,601$756,639$0$7,999,719
67$16,356,897$672,845$0$8,696,711
68$17,900,624$581,138$0$9,463,084
69$19,597,885$481,011$0$10,305,959
70$21,464,214$371,926$0$11,233,191
71$23,516,731$253,317$0$12,253,445
72$25,774,294$124,586$0$13,376,273
73$28,257,683$0$0$14,612,213
74$30,989,791$0$0$15,978,459
75$33,995,843$0$0$17,533,133
76$37,303,634$0$0$19,244,018
77$40,943,786$0$0$21,126,972
78$44,950,041$0$0$23,199,469
79$49,359,579$0$0$25,480,764
80$54,213,367$0$0$27,992,071
81$59,556,542$0$0$30,756,769
82$65,438,844$0$0$33,800,615
83$71,915,077$0$0$37,151,993
84$79,045,634$0$0$40,842,178
85$86,897,056$0$0$44,905,634
86$95,542,669$0$0$49,380,336
87$105,063,272$0$0$54,308,128
88$115,547,896$0$0$59,735,122
89$127,094,649$0$0$65,712,127
90$139,811,639$0$0$72,295,133
91$153,817,992$0$0$79,545,838
92$169,244,978$0$0$87,532,227
93$186,237,249$0$0$96,329,219
94$204,954,204$0$0$106,019,368
95$225,571,493$0$0$116,693,646
96$248,282,672$0$0$128,452,301
97$273,301,032$0$0$141,405,798
98$300,861,611$0$0$155,675,871
99$331,223,411$0$0$171,396,661
100$364,671,843$0$0$188,715,991