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%14%
1 years$74,982$74,314$73,662$73,026$72,405$71,206
2 years$37,120$36,428$35,758$35,109$34,479$33,274
3 years$24,501$23,806$23,138$22,495$21,875$20,702
4 years$18,192$17,500$16,839$16,206$15,601$14,469
5 years$14,408$13,720$13,067$12,448$11,860$10,772
6 years$11,887$11,204$10,560$9,955$9,384$8,342
7 years$10,086$9,409$8,776$8,184$7,632$6,636
8 years$8,736$8,065$7,443$6,866$6,331$5,381
9 years$7,687$7,022$6,410$5,848$5,332$4,427
10 years$6,848$6,190$5,589$5,041$4,543$3,682
11 years$6,162$5,510$4,920$4,387$3,907$3,090
12 years$5,591$4,946$4,366$3,848$3,386$2,611
13 years$5,108$4,470$3,901$3,397$2,953$2,219
14 years$4,694$4,063$3,505$3,016$2,588$1,895
15 years$4,336$3,711$3,165$2,690$2,279$1,624
16 years$4,023$3,405$2,869$2,408$2,014$1,397
17 years$3,747$3,136$2,611$2,164$1,786$1,204
18 years$3,502$2,898$2,383$1,950$1,588$1,041
19 years$3,283$2,686$2,182$1,762$1,415$902
20 years$3,086$2,496$2,002$1,596$1,264$782
21 years$2,908$2,325$1,842$1,448$1,131$680
22 years$2,747$2,170$1,698$1,317$1,014$591
23 years$2,599$2,029$1,567$1,199$910$515
24 years$2,465$1,901$1,450$1,094$818$449
25 years$2,341$1,784$1,343$999$736$392
26 years$2,227$1,677$1,245$913$663$342
27 years$2,121$1,578$1,156$836$598$299
28 years$2,024$1,487$1,075$766$539$261
29 years$1,933$1,403$1,000$702$487$228
30 years$1,848$1,325$932$645$440$200
31 years$1,769$1,253$869$592$398$175
32 years$1,695$1,185$810$544$360$153
33 years$1,626$1,122$757$500$326$134
34 years$1,561$1,064$707$460$295$117
35 years$1,500$1,009$661$424$267$103
36 years$1,442$958$618$390$242$90
37 years$1,388$910$579$360$219$79
38 years$1,336$864$542$331$199$69
39 years$1,288$822$508$306$180$61
40 years$1,241$782$476$282$164$53
41 years$1,198$744$446$260$148$47
42 years$1,156$709$419$240$135$41
43 years$1,116$676$393$222$122$36
44 years$1,079$644$369$205$111$31
45 years$1,043$614$346$189$101$27
46 years$1,009$586$325$175$91$24
47 years$976$559$306$161$83$21
48 years$945$534$287$149$75$19
49 years$915$510$270$138$68$16
50 years$887$487$254$127$62$14

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $908,000, adding $6,322 every year, while hoping to spend $45,120 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: 58/14/28 Blend
34$908,000$908,000$908,000$908,000
35$1,007,137$959,013$944,939$1,057,517
36$1,061,858$957,997$928,587$1,091,723
37$1,120,648$955,420$910,175$1,123,706
38$1,183,874$951,156$889,587$1,157,652
39$1,251,941$945,074$866,700$1,193,763
40$1,325,291$937,035$841,386$1,232,264
41$1,404,411$926,889$813,512$1,273,407
42$1,489,835$914,481$782,939$1,317,470
43$1,582,150$899,643$749,520$1,364,762
44$1,682,003$882,199$713,102$1,415,626
45$1,790,103$861,962$673,527$1,470,440
46$1,907,230$838,735$630,626$1,529,628
47$2,034,242$812,307$584,227$1,593,656
48$2,172,081$782,457$534,146$1,663,042
49$2,321,787$748,951$480,193$1,738,360
50$2,484,499$711,540$422,169$1,820,244
51$2,661,474$669,961$359,867$1,909,400
52$2,854,092$623,936$293,070$2,006,607
53$3,063,873$573,173$221,552$2,112,726
54$3,292,489$517,360$145,075$2,228,715
55$3,541,782$456,169$63,394$2,355,629
56$3,813,776$389,254$0$2,494,637
57$4,110,702$316,249$0$2,654,138
58$4,435,014$236,765$0$2,849,131
59$4,789,414$150,395$0$3,062,325
60$5,176,877$56,707$0$3,295,556
61$5,600,677$0$0$3,550,851
62$6,064,422$0$0$3,837,337
63$6,572,081$0$0$4,160,590
64$7,128,028$0$0$4,514,669
65$7,737,078$0$0$4,902,648
66$8,404,534$0$0$5,327,918
67$9,136,235$0$0$5,794,209
68$9,938,616$0$0$6,305,631
69$10,818,759$0$0$6,866,711
70$11,784,468$0$0$7,482,436
71$12,844,339$0$0$8,158,296
72$14,007,840$0$0$8,900,344
73$15,285,398$0$0$9,715,242
74$16,688,504$0$0$10,610,332
75$18,229,813$0$0$11,593,701
76$19,923,265$0$0$12,674,259
77$21,784,222$0$0$13,861,821
78$23,829,602$0$0$15,167,201
79$26,078,049$0$0$16,602,310
80$28,550,098$0$0$18,180,274
81$31,268,377$0$0$19,915,554
82$34,257,815$0$0$21,824,080
83$37,545,877$0$0$23,923,405
84$41,162,826$0$0$26,232,870
85$45,142,002$0$0$28,773,782
86$49,520,142$0$0$31,569,620
87$54,337,723$0$0$34,646,252
88$59,639,342$0$0$38,032,181
89$65,474,140$0$0$41,758,814
90$71,896,263$0$0$45,860,754
91$78,965,371$0$0$50,376,133
92$86,747,202$0$0$55,346,963
93$95,314,192$0$0$60,819,542
94$104,746,156$0$0$66,844,879
95$115,131,043$0$0$73,479,186
96$126,565,762$0$0$80,784,401
97$139,157,101$0$0$88,828,772
98$153,022,728$0$0$97,687,508
99$168,292,304$0$0$107,443,477
100$185,108,706$0$0$118,187,999