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%19.7%
1 years$75,560$74,887$74,230$73,589$72,963$70,124
2 years$37,406$36,709$36,034$35,379$34,744$31,918
3 years$24,690$23,990$23,316$22,668$22,043$19,319
4 years$18,333$17,635$16,968$16,331$15,721$13,120
5 years$14,519$13,826$13,168$12,544$11,951$9,479
6 years$11,978$11,290$10,642$10,031$9,457$7,115
7 years$10,164$9,481$8,843$8,247$7,691$5,480
8 years$8,803$8,127$7,500$6,918$6,380$4,297
9 years$7,746$7,076$6,460$5,893$5,373$3,415
10 years$6,901$6,237$5,632$5,080$4,578$2,742
11 years$6,209$5,553$4,958$4,421$3,937$2,218
12 years$5,634$4,984$4,400$3,878$3,412$1,805
13 years$5,147$4,504$3,931$3,424$2,975$1,476
14 years$4,730$4,094$3,532$3,039$2,608$1,212
15 years$4,369$3,740$3,189$2,710$2,296$998
16 years$4,054$3,431$2,891$2,427$2,030$824
17 years$3,776$3,160$2,631$2,180$1,800$682
18 years$3,529$2,920$2,402$1,965$1,600$565
19 years$3,308$2,706$2,199$1,776$1,426$469
20 years$3,110$2,515$2,018$1,608$1,274$390
21 years$2,931$2,342$1,856$1,459$1,140$324
22 years$2,768$2,187$1,711$1,327$1,022$270
23 years$2,620$2,045$1,580$1,208$917$224
24 years$2,484$1,916$1,461$1,102$824$187
25 years$2,359$1,798$1,353$1,007$742$156
26 years$2,244$1,690$1,255$920$668$130
27 years$2,138$1,590$1,165$842$603$108
28 years$2,039$1,499$1,083$772$544$90
29 years$1,948$1,414$1,008$708$491$76
30 years$1,863$1,335$939$650$444$63
31 years$1,783$1,262$875$597$401$53
32 years$1,708$1,194$817$548$363$44
33 years$1,639$1,131$763$504$328$37
34 years$1,573$1,072$712$464$297$31
35 years$1,511$1,017$666$427$269$26
36 years$1,453$965$623$393$244$21
37 years$1,398$917$583$362$221$18
38 years$1,347$871$546$334$200$15
39 years$1,297$828$512$308$182$12
40 years$1,251$788$480$284$165$10
41 years$1,207$750$450$262$150$9
42 years$1,165$714$422$242$136$7
43 years$1,125$681$396$223$123$6
44 years$1,087$649$372$206$112$5
45 years$1,051$619$349$190$101$4
46 years$1,017$590$328$176$92$4
47 years$984$563$308$162$84$3
48 years$952$538$289$150$76$2
49 years$922$514$272$139$69$2
50 years$893$491$256$128$63$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $915,000, adding $4,716 every year, while hoping to spend $42,242 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: 65/5/30 Blend
34$915,000$915,000$915,000$915,000
35$1,013,195$964,700$950,517$1,070,674
36$1,071,595$967,025$937,414$1,112,491
37$1,134,537$968,048$922,457$1,153,104
38$1,202,438$967,661$905,538$1,196,591
39$1,275,760$965,749$886,545$1,243,241
40$1,355,006$962,189$865,363$1,293,373
41$1,440,732$956,852$841,869$1,347,340
42$1,533,549$949,600$815,934$1,405,534
43$1,634,128$940,288$787,425$1,468,385
44$1,743,207$928,760$756,202$1,536,372
45$1,861,598$914,853$722,118$1,610,021
46$1,990,193$898,393$685,021$1,689,916
47$2,129,974$879,195$644,751$1,776,701
48$2,282,022$857,066$601,140$1,871,087
49$2,447,524$831,798$554,014$1,973,862
50$2,627,788$803,173$503,191$2,085,893
51$2,824,254$770,960$448,479$2,208,141
52$3,038,506$734,915$389,680$2,341,665
53$3,272,285$694,777$326,586$2,487,637
54$3,527,511$650,274$258,980$2,647,349
55$3,806,296$601,117$186,635$2,822,229
56$4,110,965$546,998$109,314$3,013,852
57$4,444,077$487,595$26,770$3,223,960
58$4,808,452$422,566$0$3,454,473
59$5,207,192$351,549$0$3,727,139
60$5,643,714$274,164$0$4,035,093
61$6,121,781$190,006$0$4,372,429
62$6,645,536$98,650$0$4,742,093
63$7,219,544$0$0$5,147,328
64$7,848,829$0$0$5,591,730
65$8,538,928$0$0$6,085,091
66$9,295,937$0$0$6,626,349
67$10,126,571$0$0$7,220,313
68$11,038,226$0$0$7,872,281
69$12,039,051$0$0$8,588,089
70$13,138,020$0$0$9,374,163
71$14,345,020$0$0$10,237,584
72$15,670,943$0$0$11,186,153
73$17,127,785$0$0$12,228,462
74$18,728,765$0$0$13,373,979
75$20,488,444$0$0$14,633,132
76$22,422,865$0$0$16,017,411
77$24,549,702$0$0$17,539,475
78$26,888,426$0$0$19,213,271
79$29,460,493$0$0$21,054,165
80$32,289,537$0$0$23,079,085
81$35,401,603$0$0$25,306,686
82$38,825,383$0$0$27,757,518
83$42,592,492$0$0$30,454,225
84$46,737,764$0$0$33,421,758
85$51,299,581$0$0$36,687,608
86$56,320,231$0$0$40,282,064
87$61,846,313$0$0$44,238,503
88$67,929,170$0$0$48,593,700
89$74,625,376$0$0$53,388,177
90$81,997,270$0$0$58,666,586
91$90,113,539$0$0$64,478,126
92$99,049,874$0$0$70,877,011
93$108,889,674$0$0$77,922,979
94$119,724,840$0$0$85,681,856
95$131,656,639$0$0$94,226,176
96$144,796,656$0$0$103,635,867
97$159,267,854$0$0$113,999,004
98$175,205,724$0$0$125,412,636
99$192,759,573$0$0$137,983,711
100$212,093,924$0$0$151,830,072