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%18.8%
1 years$74,982$74,314$73,662$73,026$72,405$69,836
2 years$37,120$36,428$35,758$35,109$34,479$31,918
3 years$24,501$23,806$23,138$22,495$21,875$19,402
4 years$18,192$17,500$16,839$16,206$15,601$13,237
5 years$14,408$13,720$13,067$12,448$11,860$9,609
6 years$11,887$11,204$10,560$9,955$9,384$7,249
7 years$10,086$9,409$8,776$8,184$7,632$5,611
8 years$8,736$8,065$7,443$6,866$6,331$4,424
9 years$7,687$7,022$6,410$5,848$5,332$3,535
10 years$6,848$6,190$5,589$5,041$4,543$2,854
11 years$6,162$5,510$4,920$4,387$3,907$2,323
12 years$5,591$4,946$4,366$3,848$3,386$1,902
13 years$5,108$4,470$3,901$3,397$2,953$1,565
14 years$4,694$4,063$3,505$3,016$2,588$1,293
15 years$4,336$3,711$3,165$2,690$2,279$1,072
16 years$4,023$3,405$2,869$2,408$2,014$891
17 years$3,747$3,136$2,611$2,164$1,786$742
18 years$3,502$2,898$2,383$1,950$1,588$619
19 years$3,283$2,686$2,182$1,762$1,415$517
20 years$3,086$2,496$2,002$1,596$1,264$432
21 years$2,908$2,325$1,842$1,448$1,131$362
22 years$2,747$2,170$1,698$1,317$1,014$304
23 years$2,599$2,029$1,567$1,199$910$255
24 years$2,465$1,901$1,450$1,094$818$214
25 years$2,341$1,784$1,343$999$736$179
26 years$2,227$1,677$1,245$913$663$151
27 years$2,121$1,578$1,156$836$598$127
28 years$2,024$1,487$1,075$766$539$106
29 years$1,933$1,403$1,000$702$487$89
30 years$1,848$1,325$932$645$440$75
31 years$1,769$1,253$869$592$398$63
32 years$1,695$1,185$810$544$360$53
33 years$1,626$1,122$757$500$326$45
34 years$1,561$1,064$707$460$295$38
35 years$1,500$1,009$661$424$267$32
36 years$1,442$958$618$390$242$27
37 years$1,388$910$579$360$219$22
38 years$1,336$864$542$331$199$19
39 years$1,288$822$508$306$180$16
40 years$1,241$782$476$282$164$13
41 years$1,198$744$446$260$148$11
42 years$1,156$709$419$240$135$9
43 years$1,116$676$393$222$122$8
44 years$1,079$644$369$205$111$7
45 years$1,043$614$346$189$101$6
46 years$1,009$586$325$175$91$5
47 years$976$559$306$161$83$4
48 years$945$534$287$149$75$3
49 years$915$510$270$138$68$3
50 years$887$487$254$127$62$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $908,000, adding $3,014 every year, while hoping to spend $33,731 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: 28/46/26 Blend
34$908,000$908,000$908,000$908,000
35$1,003,725$955,601$941,527$1,023,637
36$1,070,215$966,536$937,179$1,050,594
37$1,142,357$976,876$931,554$1,076,400
38$1,220,692$986,557$924,575$1,103,436
39$1,305,813$995,509$916,159$1,131,832
40$1,398,376$1,003,659$906,221$1,161,729
41$1,499,101$1,010,929$894,669$1,193,289
42$1,608,779$1,017,235$881,411$1,226,691
43$1,728,283$1,022,488$866,347$1,262,133
44$1,858,572$1,026,593$849,373$1,299,840
45$2,000,702$1,029,451$830,382$1,340,058
46$2,155,834$1,030,955$809,260$1,383,064
47$2,325,247$1,030,991$785,890$1,429,168
48$2,510,351$1,029,438$760,146$1,478,712
49$2,712,696$1,026,169$731,899$1,532,078
50$2,933,987$1,021,048$701,014$1,589,690
51$3,176,105$1,013,930$667,349$1,652,022
52$3,441,119$1,004,664$630,757$1,719,599
53$3,731,307$993,087$591,081$1,793,002
54$4,049,180$979,027$548,161$1,872,882
55$4,397,499$962,302$501,828$1,959,957
56$4,779,309$942,720$451,904$2,055,026
57$5,197,962$920,077$398,206$2,158,976
58$5,657,148$894,155$340,541$2,272,789
59$6,160,936$864,727$278,707$2,397,555
60$6,713,802$831,549$212,495$2,534,485
61$7,320,681$794,366$141,684$2,684,916
62$7,987,007$752,907$66,047$2,850,334
63$8,718,766$706,883$0$3,032,383
64$9,522,552$655,993$0$3,236,955
65$10,405,631$599,915$0$3,481,815
66$11,376,004$538,310$0$3,750,926
67$12,442,490$470,820$0$4,046,835
68$13,614,800$397,066$0$4,372,356
69$14,903,635$316,648$0$4,730,598
70$16,320,786$229,144$0$5,124,992
71$17,879,241$134,107$0$5,559,332
72$19,593,311$31,066$0$6,037,805
73$21,478,764$0$0$6,565,035
74$23,552,971$0$0$7,186,864
75$25,835,073$0$0$7,888,490
76$28,346,160$0$0$8,660,690
77$31,109,470$0$0$9,510,634
78$34,150,605$0$0$10,446,219
79$37,497,777$0$0$11,476,147
80$41,182,070$0$0$12,610,006
81$45,237,737$0$0$13,858,363
82$49,702,516$0$0$15,232,859
83$54,617,995$0$0$16,746,324
84$60,029,996$0$0$18,412,893
85$65,989,012$0$0$20,248,143
86$72,550,680$0$0$22,269,238
87$79,776,308$0$0$24,495,093
88$87,733,452$0$0$26,946,547
89$96,496,553$0$0$29,646,569
90$106,147,641$0$0$32,620,464
91$116,777,106$0$0$35,896,119
92$128,484,552$0$0$39,504,265
93$141,379,737$0$0$43,478,764
94$155,583,608$0$0$47,856,931
95$171,229,443$0$0$52,679,887
96$188,464,107$0$0$57,992,942
97$207,449,438$0$0$63,846,031
98$228,363,776$0$0$70,294,175
99$251,403,643$0$0$77,398,009
100$276,785,599$0$0$85,224,350