Can I retire at age 35 with 904,000?

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 $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%13.9%
1 years$74,651$73,987$73,338$72,705$72,086$70,921
2 years$36,956$36,268$35,601$34,954$34,327$33,156
3 years$24,393$23,701$23,036$22,395$21,778$20,639
4 years$18,112$17,423$16,764$16,135$15,532$14,433
5 years$14,345$13,660$13,010$12,393$11,808$10,751
6 years$11,834$11,154$10,514$9,911$9,343$8,330
7 years$10,042$9,367$8,737$8,148$7,598$6,630
8 years$8,698$8,030$7,410$6,835$6,304$5,379
9 years$7,653$6,991$6,382$5,822$5,308$4,428
10 years$6,818$6,162$5,564$5,019$4,523$3,685
11 years$6,135$5,486$4,898$4,368$3,890$3,095
12 years$5,566$4,924$4,347$3,831$3,371$2,617
13 years$5,085$4,450$3,884$3,382$2,940$2,225
14 years$4,673$4,045$3,490$3,002$2,577$1,901
15 years$4,317$3,695$3,151$2,678$2,269$1,631
16 years$4,005$3,390$2,857$2,398$2,005$1,404
17 years$3,730$3,122$2,599$2,154$1,778$1,211
18 years$3,486$2,885$2,373$1,941$1,581$1,048
19 years$3,268$2,674$2,172$1,754$1,409$908
20 years$3,072$2,485$1,994$1,589$1,259$788
21 years$2,895$2,314$1,834$1,442$1,126$685
22 years$2,735$2,160$1,690$1,311$1,010$597
23 years$2,588$2,021$1,561$1,194$906$520
24 years$2,454$1,893$1,443$1,089$815$454
25 years$2,331$1,777$1,337$995$733$396
26 years$2,217$1,670$1,240$909$660$346
27 years$2,112$1,571$1,151$832$595$303
28 years$2,015$1,481$1,070$763$537$265
29 years$1,924$1,397$996$699$485$232
30 years$1,840$1,319$928$642$438$203
31 years$1,762$1,247$865$589$396$178
32 years$1,688$1,180$807$542$358$156
33 years$1,619$1,117$753$498$324$136
34 years$1,554$1,059$704$458$294$119
35 years$1,493$1,005$658$422$266$105
36 years$1,436$953$616$389$241$92
37 years$1,382$906$576$358$218$81
38 years$1,330$861$540$330$198$71
39 years$1,282$818$506$304$180$62
40 years$1,236$779$474$281$163$54
41 years$1,192$741$444$259$148$48
42 years$1,151$706$417$239$134$42
43 years$1,112$673$391$221$122$37
44 years$1,074$641$367$204$110$32
45 years$1,038$611$345$188$100$28
46 years$1,004$583$324$174$91$25
47 years$972$557$304$161$83$22
48 years$941$531$286$148$75$19
49 years$911$507$269$137$68$17
50 years$883$485$253$127$62$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $904,000, adding $6,066 every year, while hoping to spend $38,193 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: 47/26/27 Blend
34$904,000$904,000$904,000$904,000
35$1,002,465$954,553$940,541$1,041,579
36$1,064,079$960,689$931,412$1,075,887
37$1,130,698$965,846$920,697$1,108,897
38$1,202,792$969,935$908,303$1,143,986
39$1,280,877$972,862$894,132$1,181,369
40$1,365,523$974,528$878,081$1,221,283
41$1,457,352$974,826$860,043$1,263,995
42$1,557,054$973,644$839,906$1,309,797
43$1,665,383$970,863$817,553$1,359,016
44$1,783,172$966,354$792,860$1,412,015
45$1,911,334$959,985$765,700$1,469,193
46$2,050,877$951,611$735,938$1,530,997
47$2,202,908$941,081$703,433$1,597,919
48$2,368,645$928,234$668,038$1,670,506
49$2,549,430$912,901$629,601$1,749,364
50$2,746,739$894,901$587,960$1,835,163
51$2,962,198$874,043$542,948$1,928,646
52$3,197,596$850,124$494,390$2,030,637
53$3,454,901$822,931$442,103$2,142,045
54$3,736,283$792,236$385,896$2,263,879
55$4,044,129$757,801$325,568$2,397,255
56$4,381,068$719,370$260,912$2,543,406
57$4,749,994$676,677$191,710$2,703,699
58$5,154,095$629,436$117,734$2,879,643
59$5,596,882$577,348$38,748$3,072,910
60$6,082,221$520,095$0$3,285,345
61$6,614,371$457,342$0$3,532,113
62$7,198,019$388,735$0$3,815,114
63$7,838,333$313,899$0$4,125,747
64$8,541,002$232,439$0$4,466,851
65$9,312,292$143,936$0$4,841,557
66$10,159,108$47,951$0$5,253,318
67$11,089,053$0$0$5,705,948
68$12,110,504$0$0$6,219,665
69$13,232,690$0$0$6,799,225
70$14,465,777$0$0$7,436,173
71$15,820,964$0$0$8,136,308
72$17,310,590$0$0$8,906,017
73$18,948,248$0$0$9,752,342
74$20,748,915$0$0$10,683,035
75$22,729,090$0$0$11,706,642
76$24,906,953$0$0$12,832,575
77$27,302,531$0$0$14,071,207
78$29,937,893$0$0$15,433,966
79$32,837,353$0$0$16,933,442
80$36,027,700$0$0$18,583,509
81$39,538,452$0$0$20,399,453
82$43,402,133$0$0$22,398,116
83$47,654,578$0$0$24,598,057
84$52,335,273$0$0$27,019,726
85$57,487,727$0$0$29,685,653
86$63,159,880$0$0$32,620,668
87$69,404,558$0$0$35,852,127
88$76,279,967$0$0$39,410,176
89$83,850,247$0$0$43,328,031
90$92,186,071$0$0$47,642,295
91$101,365,318$0$0$52,393,300
92$111,473,800$0$0$57,625,490
93$122,606,077$0$0$63,387,837
94$134,866,348$0$0$69,734,307
95$148,369,432$0$0$76,724,366
96$163,241,852$0$0$84,423,541
97$179,623,029$0$0$92,904,041
98$197,666,598$0$0$102,245,434
99$217,541,854$0$0$112,535,403
100$239,435,353$0$0$123,870,568