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%17.7%
1 years$98,269$97,394$96,540$95,706$94,892$91,928
2 years$48,648$47,742$46,864$46,013$45,187$42,227
3 years$32,110$31,200$30,324$29,481$28,668$25,806
4 years$23,842$22,935$22,068$21,239$20,447$17,703
5 years$18,883$17,982$17,126$16,314$15,543$12,926
6 years$15,578$14,683$13,840$13,046$12,299$9,810
7 years$13,218$12,331$11,501$10,726$10,002$7,642
8 years$11,449$10,570$9,754$8,998$8,298$6,064
9 years$10,074$9,203$8,401$7,664$6,988$4,879
10 years$8,975$8,112$7,324$6,607$5,954$3,966
11 years$8,076$7,222$6,448$5,750$5,121$3,251
12 years$7,327$6,482$5,723$5,043$4,437$2,681
13 years$6,694$5,858$5,113$4,452$3,870$2,223
14 years$6,152$5,324$4,594$3,952$3,392$1,851
15 years$5,682$4,864$4,148$3,525$2,987$1,546
16 years$5,272$4,463$3,760$3,156$2,640$1,295
17 years$4,910$4,110$3,422$2,836$2,340$1,087
18 years$4,589$3,798$3,124$2,556$2,081$915
19 years$4,302$3,520$2,860$2,309$1,855$770
20 years$4,044$3,271$2,624$2,091$1,657$650
21 years$3,811$3,046$2,414$1,898$1,483$549
22 years$3,600$2,844$2,225$1,726$1,329$464
23 years$3,407$2,660$2,054$1,572$1,193$393
24 years$3,230$2,492$1,900$1,433$1,072$332
25 years$3,068$2,339$1,760$1,309$965$281
26 years$2,919$2,198$1,632$1,197$869$239
27 years$2,780$2,069$1,515$1,096$784$202
28 years$2,652$1,949$1,409$1,004$707$171
29 years$2,533$1,839$1,311$921$638$145
30 years$2,422$1,737$1,221$845$577$123
31 years$2,319$1,642$1,138$776$522$105
32 years$2,222$1,553$1,062$713$472$89
33 years$2,131$1,471$992$656$427$75
34 years$2,046$1,394$927$603$387$64
35 years$1,966$1,322$866$555$350$54
36 years$1,890$1,255$810$512$317$46
37 years$1,819$1,192$759$471$288$39
38 years$1,751$1,133$710$434$261$33
39 years$1,687$1,077$666$401$236$28
40 years$1,627$1,025$624$369$214$24
41 years$1,570$976$585$341$195$20
42 years$1,515$929$549$315$176$17
43 years$1,463$885$515$290$160$15
44 years$1,414$844$483$268$145$13
45 years$1,367$805$454$248$132$11
46 years$1,322$768$426$229$120$9
47 years$1,279$733$400$211$109$8
48 years$1,238$699$376$195$99$7
49 years$1,199$668$354$180$90$6
50 years$1,162$638$333$167$82$5

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 $4,484 every year, while hoping to spend $38,692 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: 57/18/25 Blend
34$1,190,000$1,190,000$1,190,000$1,190,000
35$1,316,005$1,252,935$1,234,490$1,381,828
36$1,409,070$1,273,161$1,234,678$1,447,603
37$1,510,330$1,293,081$1,233,575$1,514,782
38$1,620,581$1,312,640$1,231,097$1,587,189
39$1,740,698$1,331,777$1,227,156$1,665,339
40$1,871,644$1,350,429$1,221,661$1,749,800
41$2,014,479$1,368,526$1,214,513$1,841,201
42$2,170,367$1,385,996$1,205,611$1,940,234
43$2,340,595$1,402,760$1,194,849$2,047,663
44$2,526,575$1,418,734$1,182,116$2,164,332
45$2,729,862$1,433,829$1,167,294$2,291,171
46$2,952,171$1,447,949$1,150,261$2,429,206
47$3,195,387$1,460,993$1,130,889$2,579,571
48$3,461,586$1,472,852$1,109,044$2,743,514
49$3,753,057$1,483,411$1,084,586$2,922,414
50$4,072,317$1,492,546$1,057,367$3,117,793
51$4,422,139$1,500,127$1,027,235$3,331,327
52$4,805,579$1,506,014$994,029$3,564,868
53$5,225,999$1,510,060$957,580$3,820,458
54$5,687,105$1,512,107$917,713$4,100,348
55$6,192,978$1,511,988$874,244$4,407,024
56$6,748,112$1,509,526$826,982$4,743,226
57$7,357,458$1,504,531$775,724$5,111,976
58$8,026,470$1,496,805$720,263$5,516,608
59$8,761,156$1,486,134$660,377$5,960,799
60$9,568,134$1,472,295$595,839$6,448,605
61$10,454,693$1,455,047$526,410$6,984,498
62$11,428,865$1,434,138$451,838$7,573,412
63$12,499,499$1,409,300$371,864$8,220,785
64$13,676,341$1,380,249$286,215$8,932,617
65$14,970,131$1,346,684$194,607$9,715,524
66$16,392,700$1,308,287$96,741$10,576,801
67$17,957,083$1,264,721$0$11,524,491
68$19,677,641$1,215,627$0$12,569,519
69$21,570,197$1,160,630$0$13,747,284
70$23,652,185$1,099,329$0$15,042,829
71$25,942,814$1,031,302$0$16,468,138
72$28,463,247$956,102$0$18,036,421
73$31,236,804$873,257$0$19,762,235
74$34,289,179$782,267$0$21,661,625
75$37,648,681$682,604$0$23,752,273
76$41,346,506$573,711$0$26,053,668
77$45,417,025$454,998$0$28,587,288
78$49,898,112$325,844$0$31,376,805
79$54,831,500$185,590$0$34,448,307
80$60,263,172$33,543$0$37,830,547
81$66,243,798$0$0$41,555,214
82$72,829,213$0$0$45,683,185
83$80,080,939$0$0$50,236,276
84$88,066,771$0$0$55,250,425
85$96,861,411$0$0$60,772,553
86$106,547,176$0$0$66,854,366
87$117,214,776$0$0$73,552,839
88$128,964,164$0$0$80,930,754
89$141,905,485$0$0$89,057,296
90$156,160,110$0$0$98,008,701
91$171,861,785$0$0$107,868,977
92$189,157,891$0$0$118,730,699
93$208,210,836$0$0$130,695,877
94$229,199,584$0$0$143,876,924
95$252,321,349$0$0$158,397,716
96$277,793,452$0$0$174,394,756
97$305,855,371$0$0$192,018,470
98$336,771,006$0$0$211,434,619
99$370,831,165$0$0$232,825,869
100$408,356,311$0$0$256,393,511