Can I retire at age 35 with 908,000?

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 $908,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.2%
1 years$74,982$74,314$73,662$73,026$72,405$70,003
2 years$37,120$36,428$35,758$35,109$34,479$32,082
3 years$24,501$23,806$23,138$22,495$21,875$19,559
4 years$18,192$17,500$16,839$16,206$15,601$13,384
5 years$14,408$13,720$13,067$12,448$11,860$9,746
6 years$11,887$11,204$10,560$9,955$9,384$7,377
7 years$10,086$9,409$8,776$8,184$7,632$5,730
8 years$8,736$8,065$7,443$6,866$6,331$4,534
9 years$7,687$7,022$6,410$5,848$5,332$3,636
10 years$6,848$6,190$5,589$5,041$4,543$2,947
11 years$6,162$5,510$4,920$4,387$3,907$2,408
12 years$5,591$4,946$4,366$3,848$3,386$1,979
13 years$5,108$4,470$3,901$3,397$2,953$1,635
14 years$4,694$4,063$3,505$3,016$2,588$1,357
15 years$4,336$3,711$3,165$2,690$2,279$1,129
16 years$4,023$3,405$2,869$2,408$2,014$943
17 years$3,747$3,136$2,611$2,164$1,786$788
18 years$3,502$2,898$2,383$1,950$1,588$661
19 years$3,283$2,686$2,182$1,762$1,415$555
20 years$3,086$2,496$2,002$1,596$1,264$466
21 years$2,908$2,325$1,842$1,448$1,131$392
22 years$2,747$2,170$1,698$1,317$1,014$330
23 years$2,599$2,029$1,567$1,199$910$278
24 years$2,465$1,901$1,450$1,094$818$235
25 years$2,341$1,784$1,343$999$736$198
26 years$2,227$1,677$1,245$913$663$167
27 years$2,121$1,578$1,156$836$598$141
28 years$2,024$1,487$1,075$766$539$119
29 years$1,933$1,403$1,000$702$487$101
30 years$1,848$1,325$932$645$440$85
31 years$1,769$1,253$869$592$398$72
32 years$1,695$1,185$810$544$360$61
33 years$1,626$1,122$757$500$326$51
34 years$1,561$1,064$707$460$295$43
35 years$1,500$1,009$661$424$267$37
36 years$1,442$958$618$390$242$31
37 years$1,388$910$579$360$219$26
38 years$1,336$864$542$331$199$22
39 years$1,288$822$508$306$180$19
40 years$1,241$782$476$282$164$16
41 years$1,198$744$446$260$148$13
42 years$1,156$709$419$240$135$11
43 years$1,116$676$393$222$122$10
44 years$1,079$644$369$205$111$8
45 years$1,043$614$346$189$101$7
46 years$1,009$586$325$175$91$6
47 years$976$559$306$161$83$5
48 years$945$534$287$149$75$4
49 years$915$510$270$138$68$4
50 years$887$487$254$127$62$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $908,000, adding $6,372 every year, while hoping to spend $28,937 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: 56/39/5 Blend
34$908,000$908,000$908,000$908,000
35$1,007,189$959,065$944,991$1,062,240
36$1,079,133$975,270$945,859$1,116,223
37$1,157,446$991,300$945,787$1,171,182
38$1,242,747$1,007,114$944,712$1,230,315
39$1,335,716$1,022,672$942,569$1,294,022
40$1,437,104$1,037,928$939,289$1,362,745
41$1,547,735$1,052,833$934,802$1,436,970
42$1,668,518$1,067,336$929,032$1,517,231
43$1,800,453$1,081,382$921,901$1,604,119
44$1,944,640$1,094,910$913,326$1,698,285
45$2,102,292$1,107,859$903,220$1,800,447
46$2,274,742$1,120,160$891,494$1,911,396
47$2,463,459$1,131,741$878,053$2,032,003
48$2,670,061$1,142,526$862,797$2,163,232
49$2,896,329$1,152,432$845,623$2,306,141
50$3,144,225$1,161,372$826,422$2,461,901
51$3,415,910$1,169,253$805,080$2,631,801
52$3,713,762$1,175,975$781,480$2,817,263
53$4,040,402$1,181,434$755,496$3,019,853
54$4,398,716$1,185,518$726,998$3,241,302
55$4,791,883$1,188,106$695,850$3,483,515
56$5,223,405$1,189,073$661,911$3,748,594
57$5,697,139$1,188,284$625,032$4,038,856
58$6,217,333$1,185,596$585,056$4,356,858
59$6,788,669$1,180,858$541,823$4,705,418
60$7,416,301$1,173,908$495,163$5,087,642
61$8,105,911$1,164,577$444,897$5,506,958
62$8,863,755$1,152,682$390,842$5,967,143
63$9,696,726$1,138,032$332,804$6,472,363
64$10,612,420$1,120,423$270,581$7,027,211
65$11,619,204$1,099,641$203,962$7,636,753
66$12,726,295$1,075,456$132,728$8,306,572
67$13,943,851$1,047,627$56,648$9,042,825
68$15,283,061$1,015,898$0$9,852,300
69$16,756,254$979,997$0$10,743,793
70$18,377,013$939,639$0$11,727,556
71$20,160,306$894,519$0$12,809,676
72$22,122,624$844,316$0$14,000,198
73$24,282,135$788,692$0$15,310,197
74$26,658,862$727,286$0$16,751,881
75$29,274,863$659,721$0$18,338,709
76$32,154,445$585,593$0$20,085,515
77$35,324,391$504,480$0$22,008,656
78$38,814,213$415,933$0$24,126,161
79$42,656,429$319,480$0$26,457,902
80$46,886,870$214,621$0$29,025,790
81$51,545,021$100,827$0$31,853,973
82$56,674,387$0$0$34,969,073
83$62,322,909$0$0$38,410,072
84$68,543,414$0$0$42,247,275
85$75,394,113$0$0$46,473,332
86$82,939,150$0$0$51,127,829
87$91,249,209$0$0$56,254,381
88$100,402,176$0$0$61,901,055
89$110,483,882$0$0$68,120,814
90$121,588,902$0$0$74,972,023
91$133,821,459$0$0$82,518,996
92$147,296,396$0$0$90,832,605
93$162,140,269$0$0$99,990,947
94$178,492,536$0$0$110,080,083
95$196,506,874$0$0$121,194,847
96$216,352,630$0$0$133,439,746
97$238,216,417$0$0$146,929,939
98$262,303,879$0$0$161,792,331
99$288,841,628$0$0$178,166,766
100$318,079,384$0$0$196,207,350