Can I retire at age 35 with 906,000?

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 $906,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.2%
1 years$74,817$74,150$73,500$72,865$72,246$70,413
2 years$37,038$36,348$35,680$35,031$34,403$32,569
3 years$24,447$23,754$23,087$22,445$21,826$20,048
4 years$18,152$17,462$16,801$16,170$15,567$13,858
5 years$14,377$13,690$13,039$12,420$11,834$10,198
6 years$11,860$11,179$10,537$9,933$9,364$7,804
7 years$10,064$9,388$8,756$8,166$7,615$6,131
8 years$8,717$8,047$7,426$6,850$6,317$4,909
9 years$7,670$7,007$6,396$5,835$5,320$3,985
10 years$6,833$6,176$5,576$5,030$4,533$3,270
11 years$6,148$5,498$4,909$4,377$3,899$2,706
12 years$5,578$4,935$4,357$3,840$3,378$2,254
13 years$5,096$4,460$3,893$3,390$2,946$1,888
14 years$4,684$4,054$3,497$3,009$2,583$1,588
15 years$4,326$3,703$3,158$2,684$2,274$1,341
16 years$4,014$3,398$2,863$2,403$2,010$1,135
17 years$3,739$3,129$2,605$2,159$1,782$964
18 years$3,494$2,891$2,378$1,946$1,584$820
19 years$3,276$2,680$2,177$1,758$1,412$698
20 years$3,079$2,490$1,998$1,592$1,261$596
21 years$2,902$2,319$1,838$1,445$1,129$509
22 years$2,741$2,165$1,694$1,314$1,012$435
23 years$2,594$2,025$1,564$1,197$908$373
24 years$2,459$1,897$1,446$1,091$816$319
25 years$2,336$1,780$1,340$997$735$274
26 years$2,222$1,673$1,242$911$662$235
27 years$2,117$1,575$1,154$834$597$201
28 years$2,019$1,484$1,073$764$538$173
29 years$1,929$1,400$998$701$486$149
30 years$1,844$1,322$930$643$439$128
31 years$1,765$1,250$867$591$397$110
32 years$1,692$1,183$809$543$359$94
33 years$1,623$1,120$755$499$325$81
34 years$1,558$1,061$705$459$294$70
35 years$1,496$1,007$660$423$267$60
36 years$1,439$956$617$389$242$51
37 years$1,385$908$578$359$219$44
38 years$1,333$863$541$331$198$38
39 years$1,285$820$507$305$180$33
40 years$1,239$780$475$281$163$28
41 years$1,195$743$445$260$148$24
42 years$1,153$707$418$239$134$21
43 years$1,114$674$392$221$122$18
44 years$1,076$642$368$204$111$15
45 years$1,041$613$345$189$100$13
46 years$1,007$584$324$174$91$11
47 years$974$558$305$161$83$10
48 years$943$532$286$149$75$8
49 years$913$508$269$137$68$7
50 years$885$486$253$127$62$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $906,000, adding $2,676 every year, while hoping to spend $33,678 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: 62/12/26 Blend
34$906,000$906,000$906,000$906,000
35$1,001,172$953,154$939,111$1,056,158
36$1,067,459$964,026$934,738$1,104,645
37$1,139,378$974,301$929,090$1,153,646
38$1,217,468$983,916$922,089$1,206,420
39$1,302,323$992,800$913,651$1,263,341
40$1,394,594$1,000,882$903,693$1,324,822
41$1,494,998$1,008,081$892,123$1,391,319
42$1,604,326$1,014,315$878,847$1,463,336
43$1,723,446$1,019,495$863,767$1,541,429
44$1,853,314$1,023,527$846,779$1,626,212
45$1,994,981$1,026,309$827,776$1,718,361
46$2,149,607$1,027,735$806,644$1,818,625
47$2,318,465$1,027,693$783,264$1,927,827
48$2,502,959$1,026,060$757,514$2,046,880
49$2,704,633$1,022,710$729,264$2,176,787
50$2,925,189$1,017,506$698,378$2,318,656
51$3,166,500$1,010,305$664,715$2,473,713
52$3,430,627$1,000,954$628,126$2,643,306
53$3,719,840$989,290$588,458$2,828,925
54$4,036,641$975,143$545,549$3,032,214
55$4,383,784$958,330$499,230$3,254,986
56$4,764,300$938,658$449,324$3,499,242
57$5,181,529$915,923$395,648$3,767,188
58$5,639,152$889,910$338,008$4,061,260
59$6,141,218$860,389$276,204$4,384,142
60$6,692,192$827,117$210,027$4,738,798
61$7,296,989$789,840$139,256$5,128,495
62$7,961,025$748,284$63,664$5,556,838
63$8,690,264$702,165$0$6,027,803
64$9,491,278$651,178$0$6,550,491
65$10,371,305$595,002$0$7,144,176
66$11,338,320$533,300$0$7,796,583
67$12,401,109$465,712$0$8,513,669
68$13,569,351$391,860$0$9,301,998
69$14,853,707$311,344$0$10,168,805
70$16,265,927$223,742$0$11,122,063
71$17,818,954$128,607$0$12,170,559
72$19,527,047$25,468$0$13,323,975
73$21,405,918$0$0$14,592,984
74$23,472,878$0$0$16,000,724
75$25,747,000$0$0$17,553,334
76$28,249,299$0$0$19,261,806
77$31,002,929$0$0$21,141,960
78$34,033,405$0$0$23,211,227
79$37,368,836$0$0$25,488,812
80$41,040,199$0$0$27,995,877
81$45,081,622$0$0$30,755,739
82$49,530,712$0$0$33,794,092
83$54,428,910$0$0$37,139,248
84$59,821,874$0$0$40,822,401
85$65,759,919$0$0$44,877,926
86$72,298,485$0$0$49,343,702
87$79,498,664$0$0$54,261,466
88$87,427,771$0$0$59,677,210
89$96,159,984$0$0$65,641,614
90$105,777,043$0$0$72,210,523
91$116,369,017$0$0$79,445,475
92$128,035,158$0$0$87,414,281
93$140,884,835$0$0$96,191,664
94$155,038,567$0$0$105,859,966
95$170,629,160$0$0$116,509,921
96$187,802,957$0$0$128,241,518
97$206,721,225$0$0$141,164,937
98$227,561,671$0$0$155,401,592
99$250,520,121$0$0$171,085,278
100$275,812,369$0$0$188,363,430