Can I retire at age 35 with 1,170,000?

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 $1,170,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.5%
1 years$96,618$95,757$94,917$94,098$93,297$91,190
2 years$47,830$46,940$46,076$45,239$44,427$42,316
3 years$31,570$30,676$29,814$28,985$28,187$26,136
4 years$23,442$22,550$21,697$20,882$20,103$18,130
5 years$18,566$17,679$16,838$16,040$15,282$13,392
6 years$15,316$14,436$13,608$12,827$12,092$10,287
7 years$12,996$12,124$11,308$10,546$9,834$8,114
8 years$11,257$10,392$9,590$8,847$8,158$6,522
9 years$9,905$9,048$8,260$7,535$6,870$5,318
10 years$8,824$7,976$7,201$6,496$5,854$4,383
11 years$7,940$7,100$6,340$5,653$5,035$3,643
12 years$7,204$6,373$5,626$4,958$4,363$3,049
13 years$6,581$5,759$5,027$4,378$3,805$2,565
14 years$6,048$5,235$4,517$3,886$3,335$2,168
15 years$5,587$4,782$4,078$3,466$2,936$1,839
16 years$5,184$4,388$3,697$3,103$2,595$1,565
17 years$4,828$4,041$3,364$2,788$2,301$1,335
18 years$4,512$3,734$3,071$2,513$2,046$1,142
19 years$4,230$3,461$2,812$2,270$1,824$978
20 years$3,976$3,216$2,580$2,056$1,629$839
21 years$3,747$2,995$2,373$1,866$1,458$721
22 years$3,539$2,796$2,187$1,697$1,307$620
23 years$3,350$2,615$2,020$1,545$1,173$533
24 years$3,176$2,450$1,868$1,409$1,054$459
25 years$3,016$2,299$1,730$1,287$949$396
26 years$2,869$2,161$1,605$1,177$855$342
27 years$2,734$2,034$1,490$1,077$770$295
28 years$2,608$1,916$1,385$987$695$255
29 years$2,491$1,808$1,289$905$628$220
30 years$2,382$1,707$1,201$831$567$190
31 years$2,280$1,614$1,119$763$513$164
32 years$2,185$1,527$1,044$701$464$142
33 years$2,095$1,446$975$645$420$123
34 years$2,011$1,371$911$593$380$106
35 years$1,933$1,300$852$546$344$92
36 years$1,858$1,234$797$503$312$79
37 years$1,788$1,172$746$463$283$69
38 years$1,722$1,114$698$427$256$59
39 years$1,659$1,059$654$394$232$51
40 years$1,600$1,008$613$363$211$45
41 years$1,543$959$575$335$191$39
42 years$1,490$914$539$309$174$33
43 years$1,439$870$506$286$157$29
44 years$1,390$830$475$264$143$25
45 years$1,344$791$446$243$130$22
46 years$1,300$755$419$225$118$19
47 years$1,258$720$394$208$107$16
48 years$1,218$688$370$192$97$14
49 years$1,179$657$348$177$88$12
50 years$1,142$627$327$164$80$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $1,170,000, adding $6,822 every year, while hoping to spend $48,908 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: 73/13/14 Blend
34$1,170,000$1,170,000$1,170,000$1,170,000
35$1,296,377$1,234,367$1,216,232$1,386,589
36$1,376,570$1,242,813$1,204,938$1,455,670
37$1,463,303$1,250,034$1,191,626$1,524,643
38$1,557,192$1,255,918$1,176,178$1,598,884
39$1,658,914$1,260,346$1,158,468$1,678,906
40$1,769,212$1,263,192$1,138,366$1,765,270
41$1,888,905$1,264,322$1,115,735$1,858,597
42$2,018,893$1,263,593$1,090,431$1,959,570
43$2,160,165$1,260,854$1,062,306$2,068,943
44$2,313,810$1,255,944$1,031,201$2,187,548
45$2,481,026$1,248,693$996,954$2,316,303
46$2,663,131$1,238,919$959,392$2,456,217
47$2,861,575$1,226,432$918,337$2,608,405
48$3,077,956$1,211,026$873,601$2,774,098
49$3,314,029$1,192,488$824,988$2,954,651
50$3,571,728$1,170,588$772,293$3,151,558
51$3,853,182$1,145,085$715,303$3,366,469
52$4,160,734$1,115,721$653,793$3,601,202
53$4,496,964$1,082,227$587,530$3,857,760
54$4,864,712$1,044,314$516,271$4,138,356
55$5,267,106$1,001,679$439,759$4,445,426
56$5,707,589$953,999$357,729$4,781,659
57$6,189,954$900,936$269,904$5,150,019
58$6,718,375$842,128$175,992$5,553,774
59$7,297,453$777,196$75,691$5,996,529
60$7,932,251$705,737$0$6,482,257
61$8,628,349$627,325$0$7,020,024
62$9,391,888$541,513$0$7,622,348
63$10,229,638$447,824$0$8,283,291
64$11,149,051$345,757$0$9,008,779
65$12,158,338$234,783$0$9,805,345
66$13,266,543$114,341$0$10,680,188
67$14,483,628$0$0$11,641,243
68$15,820,569$0$0$12,699,563
69$17,289,455$0$0$13,880,359
70$18,903,607$0$0$15,177,987
71$20,677,696$0$0$16,604,251
72$22,627,890$0$0$18,172,155
73$24,771,996$0$0$19,896,024
74$27,129,638$0$0$21,791,642
75$29,722,432$0$0$23,876,400
76$32,574,197$0$0$26,169,456
77$35,711,174$0$0$28,691,920
78$39,162,276$0$0$31,467,051
79$42,959,361$0$0$34,520,475
80$47,137,528$0$0$37,880,427
81$51,735,452$0$0$41,578,018
82$56,795,746$0$0$45,647,528
83$62,365,364$0$0$50,126,728
84$68,496,040$0$0$55,057,235
85$75,244,782$0$0$60,484,908
86$82,674,403$0$0$66,460,276
87$90,854,118$0$0$73,039,017
88$99,860,191$0$0$80,282,484
89$109,776,660$0$0$88,258,279
90$120,696,128$0$0$97,040,896
91$132,720,632$0$0$106,712,417
92$145,962,611$0$0$117,363,295
93$160,545,962$0$0$129,093,197
94$176,607,213$0$0$142,011,954
95$194,296,807$0$0$156,240,588
96$213,780,523$0$0$171,912,460
97$235,241,039$0$0$189,174,526
98$258,879,657$0$0$208,188,723
99$284,918,201$0$0$229,133,497
100$313,601,110$0$0$252,205,489