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%19.3%
1 years$98,269$97,394$96,540$95,706$94,892$91,344
2 years$48,648$47,742$46,864$46,013$45,187$41,652
3 years$32,110$31,200$30,324$29,481$28,668$25,259
4 years$23,842$22,935$22,068$21,239$20,447$17,189
5 years$18,883$17,982$17,126$16,314$15,543$12,445
6 years$15,578$14,683$13,840$13,046$12,299$9,362
7 years$13,218$12,331$11,501$10,726$10,002$7,227
8 years$11,449$10,570$9,754$8,998$8,298$5,681
9 years$10,074$9,203$8,401$7,664$6,988$4,526
10 years$8,975$8,112$7,324$6,607$5,954$3,643
11 years$8,076$7,222$6,448$5,750$5,121$2,954
12 years$7,327$6,482$5,723$5,043$4,437$2,411
13 years$6,694$5,858$5,113$4,452$3,870$1,977
14 years$6,152$5,324$4,594$3,952$3,392$1,628
15 years$5,682$4,864$4,148$3,525$2,987$1,344
16 years$5,272$4,463$3,760$3,156$2,640$1,113
17 years$4,910$4,110$3,422$2,836$2,340$924
18 years$4,589$3,798$3,124$2,556$2,081$768
19 years$4,302$3,520$2,860$2,309$1,855$639
20 years$4,044$3,271$2,624$2,091$1,657$533
21 years$3,811$3,046$2,414$1,898$1,483$444
22 years$3,600$2,844$2,225$1,726$1,329$371
23 years$3,407$2,660$2,054$1,572$1,193$310
24 years$3,230$2,492$1,900$1,433$1,072$259
25 years$3,068$2,339$1,760$1,309$965$217
26 years$2,919$2,198$1,632$1,197$869$181
27 years$2,780$2,069$1,515$1,096$784$152
28 years$2,652$1,949$1,409$1,004$707$127
29 years$2,533$1,839$1,311$921$638$106
30 years$2,422$1,737$1,221$845$577$89
31 years$2,319$1,642$1,138$776$522$75
32 years$2,222$1,553$1,062$713$472$62
33 years$2,131$1,471$992$656$427$52
34 years$2,046$1,394$927$603$387$44
35 years$1,966$1,322$866$555$350$37
36 years$1,890$1,255$810$512$317$31
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$18
40 years$1,627$1,025$624$369$214$15
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$7
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$4
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 $3,817 every year, while hoping to spend $47,551 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: 66/25/9 Blend
34$1,190,000$1,190,000$1,190,000$1,190,000
35$1,315,317$1,252,247$1,233,802$1,399,495
36$1,398,886$1,263,013$1,224,541$1,466,742
37$1,489,384$1,272,714$1,213,375$1,534,200
38$1,587,470$1,281,245$1,200,192$1,606,687
39$1,693,865$1,288,499$1,184,871$1,684,687
40$1,809,363$1,294,359$1,167,288$1,768,737
41$1,934,837$1,298,702$1,147,311$1,859,427
42$2,071,249$1,301,397$1,124,805$1,957,409
43$2,219,655$1,302,304$1,099,625$2,063,402
44$2,381,219$1,301,276$1,071,621$2,178,199
45$2,557,219$1,298,154$1,040,636$2,302,676
46$2,749,065$1,292,773$1,006,507$2,437,798
47$2,958,306$1,284,955$969,061$2,584,629
48$3,186,647$1,274,512$928,119$2,744,344
49$3,435,968$1,261,246$883,493$2,918,241
50$3,708,333$1,244,944$834,987$3,107,748
51$4,006,020$1,225,383$782,396$3,314,443
52$4,331,533$1,202,326$725,505$3,540,066
53$4,687,631$1,175,521$664,091$3,786,538
54$5,077,351$1,144,703$597,919$4,055,975
55$5,504,037$1,109,589$526,746$4,350,713
56$5,971,371$1,069,882$450,315$4,673,330
57$6,483,411$1,025,266$368,360$5,026,668
58$7,044,622$975,407$280,603$5,413,862
59$7,659,923$919,952$186,753$5,838,371
60$8,334,733$858,527$86,507$6,304,009
61$9,075,018$790,738$0$6,814,984
62$9,887,353$716,166$0$7,377,902
63$10,778,975$634,371$0$8,004,909
64$11,757,861$544,886$0$8,693,367
65$12,832,796$447,218$0$9,449,535
66$14,013,456$340,847$0$10,280,316
67$15,310,503$225,223$0$11,193,320
68$16,735,681$99,765$0$12,196,935
69$18,301,927$0$0$13,300,411
70$20,023,494$0$0$14,523,887
71$21,916,088$0$0$15,899,161
72$23,997,007$0$0$17,411,368
73$26,285,312$0$0$19,074,371
74$28,802,003$0$0$20,903,442
75$31,570,218$0$0$22,915,408
76$34,615,449$0$0$25,128,808
77$37,965,784$0$0$27,564,071
78$41,652,168$0$0$30,243,702
79$45,708,701$0$0$33,192,501
80$50,172,952$0$0$36,437,791
81$55,086,319$0$0$40,009,680
82$60,494,415$0$0$43,941,342
83$66,447,499$0$0$48,269,329
84$73,000,951$0$0$53,033,919
85$80,215,793$0$0$58,279,492
86$88,159,265$0$0$64,054,952
87$96,905,457$0$0$70,414,183
88$106,536,010$0$0$77,416,563
89$117,140,884$0$0$85,127,520
90$128,819,209$0$0$93,619,151
91$141,680,216$0$0$102,970,900
92$155,844,272$0$0$113,270,308
93$171,444,011$0$0$124,613,842
94$188,625,588$0$0$137,107,801
95$207,550,055$0$0$150,869,318
96$228,394,884$0$0$166,027,471
97$251,355,640$0$0$182,724,494
98$276,647,824$0$0$201,117,124
99$304,508,910$0$0$221,378,075
100$335,200,580$0$0$243,697,675