Can I retire at age 35 with 904,000?

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 $904,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.3%
1 years$74,651$73,987$73,338$72,705$72,086$71,393
2 years$36,956$36,268$35,601$34,954$34,327$33,628
3 years$24,393$23,701$23,036$22,395$21,778$21,096
4 years$18,112$17,423$16,764$16,135$15,532$14,872
5 years$14,345$13,660$13,010$12,393$11,808$11,171
6 years$11,834$11,154$10,514$9,911$9,343$8,731
7 years$10,042$9,367$8,737$8,148$7,598$7,011
8 years$8,698$8,030$7,410$6,835$6,304$5,741
9 years$7,653$6,991$6,382$5,822$5,308$4,771
10 years$6,818$6,162$5,564$5,019$4,523$4,010
11 years$6,135$5,486$4,898$4,368$3,890$3,400
12 years$5,566$4,924$4,347$3,831$3,371$2,905
13 years$5,085$4,450$3,884$3,382$2,940$2,496
14 years$4,673$4,045$3,490$3,002$2,577$2,156
15 years$4,317$3,695$3,151$2,678$2,269$1,869
16 years$4,005$3,390$2,857$2,398$2,005$1,627
17 years$3,730$3,122$2,599$2,154$1,778$1,420
18 years$3,486$2,885$2,373$1,941$1,581$1,242
19 years$3,268$2,674$2,172$1,754$1,409$1,089
20 years$3,072$2,485$1,994$1,589$1,259$957
21 years$2,895$2,314$1,834$1,442$1,126$842
22 years$2,735$2,160$1,690$1,311$1,010$742
23 years$2,588$2,021$1,561$1,194$906$655
24 years$2,454$1,893$1,443$1,089$815$578
25 years$2,331$1,777$1,337$995$733$511
26 years$2,217$1,670$1,240$909$660$452
27 years$2,112$1,571$1,151$832$595$401
28 years$2,015$1,481$1,070$763$537$355
29 years$1,924$1,397$996$699$485$315
30 years$1,840$1,319$928$642$438$279
31 years$1,762$1,247$865$589$396$248
32 years$1,688$1,180$807$542$358$220
33 years$1,619$1,117$753$498$324$195
34 years$1,554$1,059$704$458$294$173
35 years$1,493$1,005$658$422$266$154
36 years$1,436$953$616$389$241$137
37 years$1,382$906$576$358$218$122
38 years$1,330$861$540$330$198$108
39 years$1,282$818$506$304$180$96
40 years$1,236$779$474$281$163$86
41 years$1,192$741$444$259$148$76
42 years$1,151$706$417$239$134$68
43 years$1,112$673$391$221$122$60
44 years$1,074$641$367$204$110$54
45 years$1,038$611$345$188$100$48
46 years$1,004$583$324$174$91$42
47 years$972$557$304$161$83$38
48 years$941$531$286$148$75$34
49 years$911$507$269$137$68$30
50 years$883$485$253$127$62$27

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $904,000, adding $5,431 every year, while hoping to spend $34,191 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: 50/32/18 Blend
34$904,000$904,000$904,000$904,000
35$1,001,810$953,898$939,886$1,046,642
36$1,067,616$964,260$934,993$1,088,521
37$1,138,988$973,984$928,791$1,130,041
38$1,216,457$983,002$921,198$1,174,427
39$1,300,610$991,243$912,132$1,221,964
40$1,392,088$998,630$901,505$1,272,962
41$1,491,600$1,005,082$889,224$1,327,769
42$1,599,924$1,010,512$875,194$1,386,765
43$1,717,917$1,014,827$859,313$1,450,374
44$1,846,521$1,017,930$841,477$1,519,062
45$1,986,774$1,019,717$821,574$1,593,345
46$2,139,818$1,020,076$799,490$1,673,795
47$2,306,910$1,018,890$775,103$1,761,041
48$2,489,433$1,016,034$748,288$1,855,782
49$2,688,911$1,011,376$718,911$1,958,786
50$2,907,021$1,004,774$686,836$2,070,906
51$3,145,609$996,080$651,917$2,193,083
52$3,406,708$985,135$614,003$2,326,354
53$3,692,558$971,772$572,937$2,471,869
54$4,005,622$955,812$528,554$2,630,894
55$4,348,616$937,068$480,682$2,804,832
56$4,724,530$915,339$429,140$2,995,229
57$5,136,657$890,415$373,740$3,203,793
58$5,588,622$862,072$314,287$3,432,411
59$6,084,421$830,073$250,575$3,683,167
60$6,628,452$794,167$182,389$3,958,361
61$7,225,563$754,090$109,508$4,260,533
62$7,881,090$709,560$31,696$4,592,487
63$8,600,915$660,282$0$4,957,318
64$9,391,514$605,942$0$5,368,303
65$10,260,024$546,208$0$5,826,491
66$11,214,305$480,731$0$6,330,001
67$12,263,017$409,139$0$6,883,480
68$13,415,700$331,043$0$7,492,053
69$14,682,865$246,028$0$8,161,373
70$16,076,093$153,658$0$8,897,674
71$17,608,140$53,473$0$9,707,829
72$19,293,063$0$0$10,599,420
73$21,146,348$0$0$11,600,179
74$23,185,058$0$0$12,721,888
75$25,427,993$0$0$13,956,073
76$27,895,866$0$0$15,314,146
77$30,611,500$0$0$16,808,681
78$33,600,042$0$0$18,453,533
79$36,889,199$0$0$20,263,965
80$40,509,501$0$0$22,256,800
81$44,494,590$0$0$24,450,569
82$48,881,530$0$0$26,865,696
83$53,711,166$0$0$29,524,682
84$59,028,501$0$0$32,452,324
85$64,883,128$0$0$35,675,943
86$71,329,688$0$0$39,225,646
87$78,428,394$0$0$43,134,607
88$86,245,596$0$0$47,439,383
89$94,854,403$0$0$52,180,255
90$104,335,379$0$0$57,401,610
91$114,777,298$0$0$63,152,361
92$126,277,984$0$0$69,486,407
93$138,945,232$0$0$76,463,138
94$152,897,827$0$0$84,148,004
95$168,266,662$0$0$92,613,123
96$185,195,975$0$0$101,937,967
97$203,844,711$0$0$112,210,113
98$224,388,019$0$0$123,526,063
99$247,018,905$0$0$135,992,162
100$271,950,056$0$0$149,725,596