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

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 $1,190,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.4%
1 years$98,269$97,394$96,540$95,706$94,892$92,039
2 years$48,648$47,742$46,864$46,013$45,187$42,336
3 years$32,110$31,200$30,324$29,481$28,668$25,910
4 years$23,842$22,935$22,068$21,239$20,447$17,801
5 years$18,883$17,982$17,126$16,314$15,543$13,018
6 years$15,578$14,683$13,840$13,046$12,299$9,896
7 years$13,218$12,331$11,501$10,726$10,002$7,722
8 years$11,449$10,570$9,754$8,998$8,298$6,139
9 years$10,074$9,203$8,401$7,664$6,988$4,948
10 years$8,975$8,112$7,324$6,607$5,954$4,030
11 years$8,076$7,222$6,448$5,750$5,121$3,309
12 years$7,327$6,482$5,723$5,043$4,437$2,735
13 years$6,694$5,858$5,113$4,452$3,870$2,272
14 years$6,152$5,324$4,594$3,952$3,392$1,896
15 years$5,682$4,864$4,148$3,525$2,987$1,587
16 years$5,272$4,463$3,760$3,156$2,640$1,332
17 years$4,910$4,110$3,422$2,836$2,340$1,121
18 years$4,589$3,798$3,124$2,556$2,081$945
19 years$4,302$3,520$2,860$2,309$1,855$798
20 years$4,044$3,271$2,624$2,091$1,657$675
21 years$3,811$3,046$2,414$1,898$1,483$571
22 years$3,600$2,844$2,225$1,726$1,329$484
23 years$3,407$2,660$2,054$1,572$1,193$410
24 years$3,230$2,492$1,900$1,433$1,072$348
25 years$3,068$2,339$1,760$1,309$965$296
26 years$2,919$2,198$1,632$1,197$869$251
27 years$2,780$2,069$1,515$1,096$784$213
28 years$2,652$1,949$1,409$1,004$707$181
29 years$2,533$1,839$1,311$921$638$154
30 years$2,422$1,737$1,221$845$577$131
31 years$2,319$1,642$1,138$776$522$112
32 years$2,222$1,553$1,062$713$472$95
33 years$2,131$1,471$992$656$427$81
34 years$2,046$1,394$927$603$387$69
35 years$1,966$1,322$866$555$350$59
36 years$1,890$1,255$810$512$317$50
37 years$1,819$1,192$759$471$288$42
38 years$1,751$1,133$710$434$261$36
39 years$1,687$1,077$666$401$236$31
40 years$1,627$1,025$624$369$214$26
41 years$1,570$976$585$341$195$22
42 years$1,515$929$549$315$176$19
43 years$1,463$885$515$290$160$16
44 years$1,414$844$483$268$145$14
45 years$1,367$805$454$248$132$12
46 years$1,322$768$426$229$120$10
47 years$1,279$733$400$211$109$9
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 $2,161 every year, while hoping to spend $41,463 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: 76/12/12 Blend
34$1,190,000$1,190,000$1,190,000$1,190,000
35$1,313,609$1,250,539$1,232,094$1,410,201
36$1,403,481$1,267,699$1,229,253$1,491,330
37$1,501,130$1,284,310$1,224,927$1,574,789
38$1,607,306$1,300,302$1,219,023$1,665,119
39$1,722,833$1,315,599$1,211,442$1,762,990
40$1,848,619$1,330,120$1,202,082$1,869,139
41$1,985,662$1,343,780$1,190,835$1,984,377
42$2,135,060$1,356,486$1,177,589$2,109,600
43$2,298,023$1,368,141$1,162,225$2,245,793
44$2,475,882$1,378,640$1,144,620$2,394,042
45$2,670,101$1,387,873$1,124,644$2,555,545
46$2,882,293$1,395,721$1,102,162$2,731,621
47$3,114,235$1,402,058$1,077,032$2,923,723
48$3,367,879$1,406,752$1,049,105$3,133,454
49$3,645,379$1,409,659$1,018,227$3,362,578
50$3,949,105$1,410,629$984,234$3,613,042
51$4,281,665$1,409,501$946,957$3,886,991
52$4,645,933$1,406,105$906,219$4,186,786
53$5,045,074$1,400,260$861,833$4,515,034
54$5,482,574$1,391,775$813,606$4,874,605
55$5,962,269$1,380,445$761,335$5,268,663
56$6,488,388$1,366,054$704,807$5,700,695
57$7,065,588$1,348,375$643,802$6,174,546
58$7,698,996$1,327,164$578,088$6,694,451
59$8,394,263$1,302,164$507,423$7,265,081
60$9,157,611$1,273,103$431,555$7,891,581
61$9,995,895$1,239,693$350,220$8,579,623
62$10,916,667$1,201,628$263,143$9,335,461
63$11,928,245$1,158,586$170,036$10,165,984
64$13,039,793$1,110,224$70,600$11,078,789
65$14,261,408$1,056,181$0$12,082,246
66$15,604,211$996,073$0$13,190,130
67$17,080,456$929,497$0$14,418,006
68$18,703,644$856,024$0$15,768,076
69$20,488,649$775,201$0$17,252,742
70$22,451,856$686,551$0$18,885,667
71$24,611,321$589,568$0$20,681,908
72$26,986,938$483,719$0$22,658,059
73$29,600,623$368,438$0$24,832,406
74$32,476,526$243,131$0$27,225,098
75$35,641,255$107,168$0$29,858,342
76$39,124,128$0$0$32,756,607
77$42,957,450$0$0$35,952,159
78$47,176,814$0$0$39,485,155
79$51,821,441$0$0$43,374,293
80$56,934,546$0$0$47,655,764
81$62,563,749$0$0$52,369,450
82$68,761,520$0$0$57,559,296
83$75,585,676$0$0$63,273,722
84$83,099,926$0$0$69,566,087
85$91,374,471$0$0$76,495,184
86$100,486,669$0$0$84,125,799
87$110,521,758$0$0$92,529,323
88$121,573,668$0$0$101,784,421
89$133,745,902$0$0$111,977,777
90$147,152,513$0$0$123,204,913
91$161,919,181$0$0$135,571,088
92$178,184,398$0$0$149,192,289
93$196,100,775$0$0$164,196,331
94$215,836,482$0$0$180,724,058
95$237,576,834$0$0$198,930,673
96$261,526,041$0$0$218,987,205
97$287,909,132$0$0$241,082,120
98$316,974,082$0$0$265,423,100
99$348,994,152$0$0$292,239,004
100$384,270,463$0$0$321,782,027