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%17.2%
1 years$74,982$74,314$73,662$73,026$72,405$70,285
2 years$37,120$36,428$35,758$35,109$34,479$32,359
3 years$24,501$23,806$23,138$22,495$21,875$19,823
4 years$18,192$17,500$16,839$16,206$15,601$13,633
5 years$14,408$13,720$13,067$12,448$11,860$9,981
6 years$11,887$11,204$10,560$9,955$9,384$7,596
7 years$10,086$9,409$8,776$8,184$7,632$5,934
8 years$8,736$8,065$7,443$6,866$6,331$4,723
9 years$7,687$7,022$6,410$5,848$5,332$3,811
10 years$6,848$6,190$5,589$5,041$4,543$3,108
11 years$6,162$5,510$4,920$4,387$3,907$2,555
12 years$5,591$4,946$4,366$3,848$3,386$2,115
13 years$5,108$4,470$3,901$3,397$2,953$1,759
14 years$4,694$4,063$3,505$3,016$2,588$1,470
15 years$4,336$3,711$3,165$2,690$2,279$1,232
16 years$4,023$3,405$2,869$2,408$2,014$1,036
17 years$3,747$3,136$2,611$2,164$1,786$873
18 years$3,502$2,898$2,383$1,950$1,588$737
19 years$3,283$2,686$2,182$1,762$1,415$623
20 years$3,086$2,496$2,002$1,596$1,264$528
21 years$2,908$2,325$1,842$1,448$1,131$447
22 years$2,747$2,170$1,698$1,317$1,014$380
23 years$2,599$2,029$1,567$1,199$910$322
24 years$2,465$1,901$1,450$1,094$818$274
25 years$2,341$1,784$1,343$999$736$233
26 years$2,227$1,677$1,245$913$663$198
27 years$2,121$1,578$1,156$836$598$169
28 years$2,024$1,487$1,075$766$539$144
29 years$1,933$1,403$1,000$702$487$122
30 years$1,848$1,325$932$645$440$104
31 years$1,769$1,253$869$592$398$89
32 years$1,695$1,185$810$544$360$76
33 years$1,626$1,122$757$500$326$65
34 years$1,561$1,064$707$460$295$55
35 years$1,500$1,009$661$424$267$47
36 years$1,442$958$618$390$242$40
37 years$1,388$910$579$360$219$34
38 years$1,336$864$542$331$199$29
39 years$1,288$822$508$306$180$25
40 years$1,241$782$476$282$164$21
41 years$1,198$744$446$260$148$18
42 years$1,156$709$419$240$135$15
43 years$1,116$676$393$222$122$13
44 years$1,079$644$369$205$111$11
45 years$1,043$614$346$189$101$10
46 years$1,009$586$325$175$91$8
47 years$976$559$306$161$83$7
48 years$945$534$287$149$75$6
49 years$915$510$270$138$68$5
50 years$887$487$254$127$62$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $908,000, adding $2,424 every year, while hoping to spend $51,549 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: 51/44/5 Blend
34$908,000$908,000$908,000$908,000
35$1,003,116$954,992$940,918$1,052,992
36$1,050,586$946,939$917,591$1,079,064
37$1,101,171$936,764$891,755$1,101,592
38$1,155,133$924,308$863,271$1,124,832
39$1,212,760$909,403$831,995$1,148,863
40$1,274,370$891,872$797,775$1,173,771
41$1,340,308$871,525$760,453$1,199,657
42$1,410,954$848,165$719,862$1,226,634
43$1,486,725$821,578$675,831$1,254,829
44$1,568,078$791,543$628,179$1,284,386
45$1,655,514$757,821$576,715$1,315,470
46$1,749,585$720,163$521,244$1,348,264
47$1,850,896$678,304$461,558$1,382,975
48$1,960,110$631,963$397,443$1,419,836
49$2,077,957$580,845$328,674$1,459,110
50$2,205,239$524,637$255,014$1,501,090
51$2,342,836$463,008$176,221$1,546,105
52$2,491,718$395,607$92,036$1,594,527
53$2,652,947$322,066$2,194$1,646,769
54$2,827,695$241,995$0$1,703,294
55$3,017,248$154,980$0$1,769,618
56$3,223,021$60,587$0$1,841,772
57$3,446,569$0$0$1,920,301
58$3,689,606$0$0$2,026,106
59$3,954,015$0$0$2,173,212
60$4,241,868$0$0$2,333,447
61$4,555,444$0$0$2,508,090
62$4,897,254$0$0$2,698,551
63$5,270,059$0$0$2,906,380
64$5,676,899$0$0$3,133,284
65$6,121,119$0$0$3,381,141
66$6,606,402$0$0$3,652,020
67$7,136,804$0$0$3,948,197
68$7,716,787$0$0$4,272,181
69$8,351,268$0$0$4,626,730
70$9,045,659$0$0$5,014,886
71$9,805,917$0$0$5,439,994
72$10,638,607$0$0$5,905,742
73$11,550,954$0$0$6,416,188
74$12,550,918$0$0$6,975,804
75$13,647,264$0$0$7,589,513
76$14,849,646$0$0$8,262,740
77$16,168,697$0$0$9,001,456
78$17,616,129$0$0$9,812,244
79$19,204,844$0$0$10,702,349
80$20,949,051$0$0$11,679,757
81$22,864,405$0$0$12,753,263
82$24,968,150$0$0$13,932,554
83$27,279,281$0$0$15,228,304
84$29,818,725$0$0$16,652,272
85$32,609,537$0$0$18,217,411
86$35,677,114$0$0$19,937,992
87$39,049,439$0$0$21,829,739
88$42,757,339$0$0$23,909,972
89$46,834,777$0$0$26,197,778
90$51,319,174$0$0$28,714,184
91$56,251,758$0$0$31,482,355
92$61,677,953$0$0$34,527,820
93$67,647,809$0$0$37,878,700
94$74,216,469$0$0$41,565,986
95$81,444,693$0$0$45,623,820
96$89,399,427$0$0$50,089,823
97$98,154,436$0$0$55,005,449
98$107,790,998$0$0$60,416,371
99$118,398,672$0$0$66,372,920
100$130,076,137$0$0$72,930,549