Can I retire at age 35 with 915,000?

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 $915,000?

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%
1 years$75,560$74,887$74,230$73,589$72,963$71,725
2 years$37,406$36,709$36,034$35,379$34,744$33,501
3 years$24,690$23,990$23,316$22,668$22,043$20,833
4 years$18,333$17,635$16,968$16,331$15,721$14,554
5 years$14,519$13,826$13,168$12,544$11,951$10,829
6 years$11,978$11,290$10,642$10,031$9,457$8,382
7 years$10,164$9,481$8,843$8,247$7,691$6,664
8 years$8,803$8,127$7,500$6,918$6,380$5,400
9 years$7,746$7,076$6,460$5,893$5,373$4,440
10 years$6,901$6,237$5,632$5,080$4,578$3,691
11 years$6,209$5,553$4,958$4,421$3,937$3,095
12 years$5,634$4,984$4,400$3,878$3,412$2,614
13 years$5,147$4,504$3,931$3,424$2,975$2,220
14 years$4,730$4,094$3,532$3,039$2,608$1,894
15 years$4,369$3,740$3,189$2,710$2,296$1,623
16 years$4,054$3,431$2,891$2,427$2,030$1,395
17 years$3,776$3,160$2,631$2,180$1,800$1,202
18 years$3,529$2,920$2,402$1,965$1,600$1,038
19 years$3,308$2,706$2,199$1,776$1,426$898
20 years$3,110$2,515$2,018$1,608$1,274$779
21 years$2,931$2,342$1,856$1,459$1,140$676
22 years$2,768$2,187$1,711$1,327$1,022$588
23 years$2,620$2,045$1,580$1,208$917$511
24 years$2,484$1,916$1,461$1,102$824$445
25 years$2,359$1,798$1,353$1,007$742$388
26 years$2,244$1,690$1,255$920$668$339
27 years$2,138$1,590$1,165$842$603$296
28 years$2,039$1,499$1,083$772$544$258
29 years$1,948$1,414$1,008$708$491$226
30 years$1,863$1,335$939$650$444$197
31 years$1,783$1,262$875$597$401$172
32 years$1,708$1,194$817$548$363$151
33 years$1,639$1,131$763$504$328$132
34 years$1,573$1,072$712$464$297$115
35 years$1,511$1,017$666$427$269$101
36 years$1,453$965$623$393$244$88
37 years$1,398$917$583$362$221$77
38 years$1,347$871$546$334$200$68
39 years$1,297$828$512$308$182$59
40 years$1,251$788$480$284$165$52
41 years$1,207$750$450$262$150$46
42 years$1,165$714$422$242$136$40
43 years$1,125$681$396$223$123$35
44 years$1,087$649$372$206$112$31
45 years$1,051$619$349$190$101$27
46 years$1,017$590$328$176$92$23
47 years$984$563$308$162$84$21
48 years$952$538$289$150$76$18
49 years$922$514$272$139$69$16
50 years$893$491$256$128$63$14

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $915,000, adding $6,288 every year, while hoping to spend $58,544 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: 40/50/10 Blend
34$915,000$915,000$915,000$915,000
35$1,014,816$966,321$952,139$1,052,125
36$1,056,037$951,380$921,745$1,064,039
37$1,099,500$933,746$888,371$1,070,633
38$1,145,373$913,223$851,855$1,076,455
39$1,193,837$889,606$812,028$1,081,458
40$1,245,090$862,679$768,713$1,085,599
41$1,299,351$832,212$721,726$1,088,833
42$1,356,854$797,960$670,874$1,091,117
43$1,417,860$759,666$615,954$1,092,409
44$1,482,650$717,058$556,757$1,092,670
45$1,551,534$669,848$493,062$1,091,862
46$1,624,850$617,730$424,639$1,089,951
47$1,702,969$560,383$351,249$1,086,906
48$1,786,296$497,466$272,640$1,082,702
49$1,875,276$428,620$188,551$1,077,319
50$1,970,395$353,463$98,709$1,070,744
51$2,072,187$271,595$2,827$1,062,973
52$2,181,237$182,590$0$1,054,010
53$2,298,188$86,002$0$1,054,487
54$2,423,744$0$0$1,054,830
55$2,558,677$0$0$1,065,073
56$2,703,836$0$0$1,127,081
57$2,860,153$0$0$1,193,945
58$3,028,651$0$0$1,266,115
59$3,210,453$0$0$1,344,083
60$3,406,796$0$0$1,428,391
61$3,619,034$0$0$1,519,636
62$3,848,661$0$0$1,618,473
63$4,097,315$0$0$1,725,622
64$4,366,798$0$0$1,841,875
65$4,659,092$0$0$1,968,104
66$4,976,378$0$0$2,105,266
67$5,321,051$0$0$2,254,416
68$5,695,749$0$0$2,416,713
69$6,103,373$0$0$2,593,433
70$6,547,114$0$0$2,785,981
71$7,030,484$0$0$2,995,901
72$7,557,348$0$0$3,224,894
73$8,131,960$0$0$3,474,832
74$8,759,001$0$0$3,747,775
75$9,443,624$0$0$4,045,991
76$10,191,501$0$0$4,371,977
77$11,008,877$0$0$4,728,483
78$11,902,628$0$0$5,118,535
79$12,880,323$0$0$5,545,467
80$13,950,297$0$0$6,012,948
81$15,121,729$0$0$6,525,020
82$16,404,724$0$0$7,086,134
83$17,810,413$0$0$7,701,192
84$19,351,052$0$0$8,375,592
85$21,040,143$0$0$9,115,281
86$22,892,552$0$0$9,926,808
87$24,924,656$0$0$10,817,386
88$27,154,492$0$0$11,794,962
89$29,601,928$0$0$12,868,287
90$32,288,849$0$0$14,047,004
91$35,239,363$0$0$15,341,735
92$38,480,027$0$0$16,764,178
93$42,040,095$0$0$18,327,225
94$45,951,797$0$0$20,045,076
95$50,250,635$0$0$21,933,374
96$54,975,726$0$0$24,009,355
97$60,170,160$0$0$26,292,007
98$65,881,415$0$0$28,802,252
99$72,161,795$0$0$31,563,138
100$79,068,929$0$0$34,600,060