Can I retire at age 35 with 1,160,000?

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 $1,160,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.1%
1 years$95,792$94,938$94,106$93,293$92,500$92,072
2 years$47,422$46,538$45,683$44,853$44,048$43,615
3 years$31,300$30,413$29,560$28,738$27,946$27,522
4 years$23,241$22,357$21,512$20,704$19,931$19,521
5 years$18,407$17,528$16,694$15,902$15,151$14,755
6 years$15,185$14,313$13,491$12,717$11,989$11,606
7 years$12,885$12,020$11,211$10,456$9,750$9,382
8 years$11,161$10,303$9,508$8,771$8,089$7,735
9 years$9,820$8,971$8,189$7,471$6,812$6,473
10 years$8,748$7,908$7,140$6,440$5,804$5,480
11 years$7,872$7,040$6,286$5,605$4,992$4,681
12 years$7,142$6,318$5,578$4,916$4,326$4,029
13 years$6,525$5,710$4,984$4,340$3,772$3,489
14 years$5,997$5,190$4,478$3,853$3,307$3,037
15 years$5,539$4,741$4,043$3,436$2,911$2,655
16 years$5,139$4,350$3,666$3,077$2,573$2,329
17 years$4,787$4,006$3,336$2,764$2,281$2,050
18 years$4,474$3,702$3,045$2,491$2,029$1,809
19 years$4,194$3,431$2,788$2,251$1,808$1,600
20 years$3,942$3,188$2,558$2,039$1,615$1,418
21 years$3,715$2,970$2,353$1,850$1,445$1,259
22 years$3,509$2,772$2,169$1,682$1,295$1,119
23 years$3,321$2,593$2,002$1,532$1,163$996
24 years$3,149$2,429$1,852$1,397$1,045$888
25 years$2,991$2,280$1,715$1,276$941$793
26 years$2,845$2,143$1,591$1,167$847$708
27 years$2,710$2,016$1,477$1,068$764$633
28 years$2,585$1,900$1,373$979$689$566
29 years$2,469$1,792$1,278$897$622$507
30 years$2,361$1,693$1,190$824$562$454
31 years$2,260$1,600$1,110$756$508$407
32 years$2,166$1,514$1,035$695$460$365
33 years$2,077$1,434$967$639$416$327
34 years$1,994$1,359$903$588$377$293
35 years$1,916$1,289$844$541$341$263
36 years$1,842$1,223$790$499$309$236
37 years$1,773$1,162$739$459$280$212
38 years$1,707$1,104$692$423$254$191
39 years$1,645$1,050$649$390$230$171
40 years$1,586$999$608$360$209$154
41 years$1,530$951$570$332$190$138
42 years$1,477$906$535$307$172$124
43 years$1,426$863$502$283$156$112
44 years$1,378$823$471$261$142$101
45 years$1,332$784$442$241$129$90
46 years$1,289$748$415$223$117$81
47 years$1,247$714$390$206$106$73
48 years$1,207$682$367$190$96$66
49 years$1,169$651$345$176$87$59
50 years$1,133$622$324$163$79$53

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $1,160,000, adding $6,877 every year, while hoping to spend $28,888 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: 26/47/27 Blend
34$1,160,000$1,160,000$1,160,000$1,160,000
35$1,285,414$1,223,934$1,205,954$1,307,832
36$1,385,789$1,253,170$1,215,616$1,355,919
37$1,495,435$1,282,870$1,224,635$1,404,551
38$1,615,266$1,313,027$1,232,957$1,456,134
39$1,746,289$1,343,632$1,240,527$1,510,937
40$1,889,614$1,374,674$1,247,288$1,569,256
41$2,046,463$1,406,140$1,253,180$1,631,419
42$2,218,179$1,438,018$1,258,139$1,697,785
43$2,406,244$1,470,292$1,262,097$1,768,755
44$2,612,289$1,502,944$1,264,985$1,844,765
45$2,838,109$1,535,955$1,266,729$1,926,302
46$3,085,683$1,569,304$1,267,252$2,013,900
47$3,357,190$1,602,967$1,266,471$2,108,149
48$3,655,028$1,636,917$1,264,303$2,209,698
49$3,981,841$1,671,126$1,260,657$2,319,268
50$4,340,540$1,705,563$1,255,441$2,437,650
51$4,734,332$1,740,192$1,248,555$2,565,718
52$5,166,748$1,774,976$1,239,896$2,704,438
53$5,641,681$1,809,875$1,229,357$2,854,874
54$6,163,417$1,844,843$1,216,825$3,018,201
55$6,736,678$1,879,832$1,202,180$3,195,716
56$7,366,666$1,914,791$1,185,300$3,388,847
57$8,059,112$1,949,662$1,166,054$3,599,175
58$8,820,331$1,984,385$1,144,307$3,828,439
59$9,657,279$2,018,894$1,119,915$4,078,561
60$10,577,619$2,053,117$1,092,730$4,351,660
61$11,589,796$2,086,980$1,062,596$4,650,075
62$12,703,113$2,120,400$1,029,351$4,976,386
63$13,927,819$2,153,288$992,823$5,333,438
64$15,275,209$2,185,552$952,835$5,724,371
65$16,757,726$2,217,089$909,200$6,152,650
66$18,389,078$2,247,791$861,723$6,622,093
67$20,184,374$2,277,543$810,201$7,136,917
68$22,160,258$2,306,220$754,420$7,701,769
69$24,335,070$2,333,690$694,159$8,321,777
70$26,729,019$2,359,812$629,184$9,002,597
71$29,364,371$2,384,435$559,254$9,750,467
72$32,265,662$2,407,398$484,115$10,572,267
73$35,459,928$2,428,529$403,501$11,475,585
74$38,976,959$2,447,645$317,136$12,468,788
75$42,849,580$2,464,551$224,732$13,561,107
76$47,113,964$2,479,041$125,987$14,762,717
77$51,809,967$2,490,893$20,586$16,084,844
78$56,981,509$2,499,872$0$17,539,864
79$62,676,987$2,505,730$0$19,167,898
80$68,949,730$2,508,200$0$20,965,572
81$75,858,502$2,507,002$0$22,943,648
82$83,468,060$2,501,836$0$25,120,529
83$91,849,761$2,492,385$0$27,516,506
84$101,082,236$2,478,311$0$30,153,939
85$111,252,134$2,459,257$0$33,057,478
86$122,454,935$2,434,845$0$36,254,293
87$134,795,857$2,404,671$0$39,774,331
88$148,390,844$2,368,310$0$43,650,601
89$163,367,663$2,325,310$0$47,919,489
90$179,867,108$2,275,193$0$52,621,096
91$198,044,329$2,217,453$0$57,799,626
92$218,070,295$2,151,553$0$63,503,800
93$240,133,411$2,076,925$0$69,787,319
94$264,441,294$1,992,969$0$76,709,370
95$291,222,730$1,899,049$0$84,335,192
96$320,729,838$1,794,492$0$92,736,688
97$353,240,446$1,678,587$0$101,993,111
98$389,060,716$1,550,582$0$112,191,809
99$428,528,030$1,409,681$0$123,429,055
100$472,014,178$1,255,045$0$135,810,960