Can I retire at age 35 with 914,000?

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 $914,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.5%
1 years$75,477$74,805$74,149$73,509$72,884$70,664
2 years$37,365$36,669$35,995$35,341$34,706$32,489
3 years$24,663$23,964$23,291$22,643$22,019$19,874
4 years$18,313$17,616$16,950$16,313$15,704$13,647
5 years$14,504$13,811$13,154$12,530$11,938$9,975
6 years$11,965$11,278$10,630$10,020$9,446$7,579
7 years$10,153$9,471$8,834$8,238$7,682$5,911
8 years$8,794$8,118$7,492$6,911$6,373$4,696
9 years$7,738$7,069$6,453$5,887$5,367$3,783
10 years$6,893$6,231$5,626$5,074$4,573$3,079
11 years$6,203$5,547$4,953$4,416$3,933$2,527
12 years$5,628$4,978$4,395$3,874$3,408$2,087
13 years$5,141$4,499$3,927$3,420$2,972$1,733
14 years$4,725$4,090$3,528$3,036$2,605$1,444
15 years$4,365$3,736$3,186$2,707$2,294$1,208
16 years$4,049$3,428$2,888$2,424$2,027$1,014
17 years$3,772$3,157$2,628$2,178$1,798$852
18 years$3,525$2,917$2,399$1,963$1,598$718
19 years$3,305$2,703$2,196$1,774$1,425$606
20 years$3,106$2,512$2,016$1,606$1,273$512
21 years$2,927$2,340$1,854$1,458$1,139$433
22 years$2,765$2,184$1,709$1,326$1,021$367
23 years$2,617$2,043$1,578$1,207$916$311
24 years$2,481$1,914$1,459$1,101$824$263
25 years$2,356$1,796$1,351$1,006$741$223
26 years$2,242$1,688$1,253$919$668$190
27 years$2,135$1,589$1,164$842$602$161
28 years$2,037$1,497$1,082$771$543$137
29 years$1,946$1,412$1,007$707$490$116
30 years$1,861$1,334$938$649$443$99
31 years$1,781$1,261$874$596$401$84
32 years$1,707$1,193$816$548$362$71
33 years$1,637$1,130$762$504$328$61
34 years$1,571$1,071$712$463$297$52
35 years$1,510$1,016$665$427$269$44
36 years$1,452$964$622$393$244$37
37 years$1,397$916$583$362$221$32
38 years$1,345$870$546$334$200$27
39 years$1,296$827$511$308$182$23
40 years$1,250$787$479$284$165$20
41 years$1,206$749$449$262$149$17
42 years$1,164$714$421$242$136$14
43 years$1,124$680$395$223$123$12
44 years$1,086$648$371$206$112$10
45 years$1,050$618$349$190$101$9
46 years$1,015$590$327$176$92$7
47 years$983$563$308$162$84$6
48 years$951$537$289$150$76$5
49 years$921$513$272$139$69$5
50 years$892$490$255$128$63$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $914,000, adding $6,718 every year, while hoping to spend $57,338 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: 66/19/15 Blend
34$914,000$914,000$914,000$914,000
35$1,014,158$965,716$951,549$1,077,042
36$1,056,595$952,028$922,418$1,106,211
37$1,101,438$935,749$890,390$1,130,773
38$1,148,874$916,690$855,307$1,156,199
39$1,199,103$894,651$817,004$1,182,568
40$1,252,347$869,424$775,309$1,209,973
41$1,308,845$840,786$730,041$1,238,518
42$1,368,863$808,499$681,013$1,268,318
43$1,432,688$772,317$628,028$1,299,502
44$1,500,635$731,973$570,879$1,332,216
45$1,573,049$687,190$509,354$1,366,622
46$1,650,310$637,672$443,227$1,402,902
47$1,732,831$583,107$372,264$1,441,259
48$1,821,066$523,165$296,221$1,481,919
49$1,915,512$457,498$214,842$1,525,135
50$2,016,716$385,737$127,861$1,571,191
51$2,125,276$307,493$35,000$1,620,401
52$2,241,850$222,356$0$1,673,115
53$2,367,157$129,890$0$1,739,985
54$2,501,990$29,637$0$1,817,832
55$2,647,217$0$0$1,901,582
56$2,803,794$0$0$2,008,322
57$2,972,767$0$0$2,130,246
58$3,155,291$0$0$2,261,994
59$3,352,629$0$0$2,404,485
60$3,566,174$0$0$2,558,732
61$3,797,456$0$0$2,725,844
62$4,048,155$0$0$2,907,045
63$4,320,122$0$0$3,103,678
64$4,615,389$0$0$3,317,221
65$4,936,195$0$0$3,549,301
66$5,284,998$0$0$3,801,704
67$5,664,507$0$0$4,076,400
68$6,077,699$0$0$4,375,552
69$6,527,852$0$0$4,701,544
70$7,018,574$0$0$5,056,997
71$7,553,832$0$0$5,444,797
72$8,137,997$0$0$5,868,121
73$8,775,878$0$0$6,330,463
74$9,472,768$0$0$6,835,675
75$10,234,496$0$0$7,387,992
76$11,067,479$0$0$7,992,081
77$11,978,781$0$0$8,653,077
78$12,976,183$0$0$9,376,639
79$14,068,250$0$0$10,168,993
80$15,264,415$0$0$11,036,999
81$16,575,067$0$0$11,988,212
82$18,011,647$0$0$13,030,949
83$19,586,754$0$0$14,174,374
84$21,314,267$0$0$15,428,577
85$23,209,470$0$0$16,804,675
86$25,289,201$0$0$18,314,909
87$27,572,003$0$0$19,972,766
88$30,078,305$0$0$21,793,101
89$32,830,610$0$0$23,792,279
90$35,853,706$0$0$25,988,326
91$39,174,900$0$0$28,401,100
92$42,824,276$0$0$31,052,479
93$46,834,975$0$0$33,966,564
94$51,243,507$0$0$37,169,908
95$56,090,098$0$0$40,691,765
96$61,419,064$0$0$44,564,362
97$67,279,228$0$0$48,823,208
98$73,724,386$0$0$53,507,424
99$80,813,803$0$0$58,660,115
100$88,612,782$0$0$64,328,770