Can I retire at age 35 with 1,190,000?

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 $1,190,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.2%
1 years$98,269$97,394$96,540$95,706$94,892$91,380
2 years$48,648$47,742$46,864$46,013$45,187$41,688
3 years$32,110$31,200$30,324$29,481$28,668$25,293
4 years$23,842$22,935$22,068$21,239$20,447$17,220
5 years$18,883$17,982$17,126$16,314$15,543$12,474
6 years$15,578$14,683$13,840$13,046$12,299$9,390
7 years$13,218$12,331$11,501$10,726$10,002$7,252
8 years$11,449$10,570$9,754$8,998$8,298$5,704
9 years$10,074$9,203$8,401$7,664$6,988$4,547
10 years$8,975$8,112$7,324$6,607$5,954$3,662
11 years$8,076$7,222$6,448$5,750$5,121$2,972
12 years$7,327$6,482$5,723$5,043$4,437$2,427
13 years$6,694$5,858$5,113$4,452$3,870$1,992
14 years$6,152$5,324$4,594$3,952$3,392$1,641
15 years$5,682$4,864$4,148$3,525$2,987$1,356
16 years$5,272$4,463$3,760$3,156$2,640$1,124
17 years$4,910$4,110$3,422$2,836$2,340$933
18 years$4,589$3,798$3,124$2,556$2,081$776
19 years$4,302$3,520$2,860$2,309$1,855$647
20 years$4,044$3,271$2,624$2,091$1,657$539
21 years$3,811$3,046$2,414$1,898$1,483$450
22 years$3,600$2,844$2,225$1,726$1,329$376
23 years$3,407$2,660$2,054$1,572$1,193$314
24 years$3,230$2,492$1,900$1,433$1,072$263
25 years$3,068$2,339$1,760$1,309$965$220
26 years$2,919$2,198$1,632$1,197$869$184
27 years$2,780$2,069$1,515$1,096$784$154
28 years$2,652$1,949$1,409$1,004$707$129
29 years$2,533$1,839$1,311$921$638$108
30 years$2,422$1,737$1,221$845$577$91
31 years$2,319$1,642$1,138$776$522$76
32 years$2,222$1,553$1,062$713$472$64
33 years$2,131$1,471$992$656$427$54
34 years$2,046$1,394$927$603$387$45
35 years$1,966$1,322$866$555$350$38
36 years$1,890$1,255$810$512$317$32
37 years$1,819$1,192$759$471$288$26
38 years$1,751$1,133$710$434$261$22
39 years$1,687$1,077$666$401$236$19
40 years$1,627$1,025$624$369$214$16
41 years$1,570$976$585$341$195$13
42 years$1,515$929$549$315$176$11
43 years$1,463$885$515$290$160$9
44 years$1,414$844$483$268$145$8
45 years$1,367$805$454$248$132$6
46 years$1,322$768$426$229$120$5
47 years$1,279$733$400$211$109$5
48 years$1,238$699$376$195$99$4
49 years$1,199$668$354$180$90$3
50 years$1,162$638$333$167$82$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $1,190,000, adding $4,759 every year, while hoping to spend $51,257 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: 38/39/23 Blend
34$1,190,000$1,190,000$1,190,000$1,190,000
35$1,316,289$1,253,219$1,234,774$1,357,104
36$1,396,013$1,260,090$1,221,602$1,394,067
37$1,482,152$1,265,579$1,206,270$1,428,852
38$1,575,304$1,269,565$1,188,654$1,465,420
39$1,676,130$1,271,919$1,168,619$1,503,963
40$1,785,355$1,272,503$1,146,027$1,544,694
41$1,903,777$1,271,171$1,120,734$1,587,854
42$2,032,271$1,267,767$1,092,587$1,633,711
43$2,171,802$1,262,127$1,061,428$1,682,563
44$2,323,431$1,254,076$1,027,091$1,734,743
45$2,488,324$1,243,429$989,402$1,790,624
46$2,667,765$1,229,990$948,180$1,850,618
47$2,863,167$1,213,549$903,234$1,915,188
48$3,076,084$1,193,886$854,365$1,984,847
49$3,308,225$1,170,768$801,367$2,060,166
50$3,561,474$1,143,945$744,023$2,141,781
51$3,837,902$1,113,156$682,106$2,230,398
52$4,139,791$1,078,124$615,379$2,326,803
53$4,469,650$1,038,552$543,595$2,431,867
54$4,830,245$994,131$466,495$2,546,561
55$5,224,617$944,532$383,811$2,671,959
56$5,656,119$889,405$295,259$2,809,256
57$6,128,440$828,382$200,547$2,959,776
58$6,645,643$761,075$99,367$3,124,988
59$7,212,201$687,070$0$3,306,523
60$7,833,043$605,934$0$3,508,298
61$8,513,594$517,205$0$3,756,363
62$9,259,831$420,399$0$4,028,611
63$10,078,336$315,001$0$4,327,586
64$10,976,361$200,470$0$4,656,104
65$11,961,889$76,233$0$5,017,273
66$13,043,719$0$0$5,414,528
67$14,231,540$0$0$5,876,692
68$15,536,025$0$0$6,420,347
69$16,968,933$0$0$7,017,697
70$18,543,216$0$0$7,674,166
71$20,273,146$0$0$8,395,725
72$22,174,442$0$0$9,188,955
73$24,264,423$0$0$10,061,106
74$26,562,170$0$0$11,020,165
75$29,088,705$0$0$12,074,932
76$31,867,188$0$0$13,235,102
77$34,923,136$0$0$14,511,359
78$38,284,664$0$0$15,915,471
79$41,982,749$0$0$17,460,407
80$46,051,519$0$0$19,160,456
81$50,528,579$0$0$21,031,362
82$55,455,363$0$0$23,090,470
83$60,877,524$0$0$25,356,896
84$66,845,366$0$0$27,851,700
85$73,414,315$0$0$30,598,088
86$80,645,445$0$0$33,621,632
87$88,606,051$0$0$36,950,507
88$97,370,283$0$0$40,615,761
89$107,019,849$0$0$44,651,605
90$117,644,782$0$0$49,095,735
91$129,344,288$0$0$53,989,690
92$142,227,686$0$0$59,379,245
93$156,415,435$0$0$65,314,835
94$172,040,270$0$0$71,852,042
95$189,248,457$0$0$79,052,109
96$208,201,173$0$0$86,982,525
97$229,076,021$0$0$95,717,656
98$252,068,710$0$0$105,339,453
99$277,394,902$0$0$115,938,219
100$305,292,245$0$0$127,613,464