Can I retire at age 35 with 916,000?

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 $916,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.1%
1 years$75,642$74,969$74,311$73,670$73,043$70,932
2 years$37,447$36,749$36,073$35,418$34,782$32,673
3 years$24,717$24,016$23,342$22,693$22,067$20,025
4 years$18,353$17,654$16,987$16,349$15,739$13,779
5 years$14,535$13,841$13,183$12,557$11,964$10,092
6 years$11,991$11,302$10,653$10,042$9,467$7,685
7 years$10,175$9,492$8,853$8,256$7,699$6,007
8 years$8,813$8,136$7,508$6,926$6,387$4,784
9 years$7,755$7,084$6,467$5,899$5,379$3,863
10 years$6,908$6,244$5,638$5,085$4,583$3,152
11 years$6,216$5,559$4,963$4,426$3,942$2,593
12 years$5,640$4,989$4,405$3,882$3,416$2,148
13 years$5,153$4,509$3,936$3,427$2,979$1,788
14 years$4,735$4,098$3,536$3,042$2,611$1,495
15 years$4,374$3,744$3,193$2,713$2,299$1,254
16 years$4,058$3,435$2,895$2,429$2,032$1,055
17 years$3,780$3,164$2,634$2,183$1,802$889
18 years$3,533$2,923$2,404$1,967$1,602$751
19 years$3,312$2,709$2,201$1,777$1,428$636
20 years$3,113$2,518$2,020$1,610$1,275$539
21 years$2,934$2,345$1,858$1,461$1,141$457
22 years$2,771$2,189$1,713$1,328$1,023$388
23 years$2,622$2,047$1,581$1,210$918$330
24 years$2,486$1,918$1,462$1,103$825$281
25 years$2,362$1,800$1,354$1,008$743$239
26 years$2,247$1,692$1,256$921$669$204
27 years$2,140$1,592$1,166$843$603$173
28 years$2,042$1,500$1,084$773$544$148
29 years$1,950$1,415$1,009$709$491$126
30 years$1,865$1,337$940$650$444$107
31 years$1,785$1,264$876$597$401$92
32 years$1,710$1,196$818$549$363$78
33 years$1,640$1,132$763$505$329$67
34 years$1,575$1,073$713$464$298$57
35 years$1,513$1,018$667$428$270$49
36 years$1,455$966$624$394$244$41
37 years$1,400$918$584$363$221$35
38 years$1,348$872$547$334$201$30
39 years$1,299$829$512$308$182$26
40 years$1,252$789$480$284$165$22
41 years$1,208$751$450$262$150$19
42 years$1,166$715$422$242$136$16
43 years$1,126$681$396$224$123$14
44 years$1,088$650$372$206$112$12
45 years$1,052$619$349$191$102$10
46 years$1,018$591$328$176$92$9
47 years$985$564$308$163$84$7
48 years$953$538$290$150$76$6
49 years$923$514$272$139$69$5
50 years$894$491$256$128$63$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $916,000, adding $5,099 every year, while hoping to spend $53,459 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: 29/44/27 Blend
34$916,000$916,000$916,000$916,000
35$1,014,692$966,144$951,946$1,035,528
36$1,061,310$956,605$926,956$1,042,790
37$1,110,892$944,807$899,337$1,045,591
38$1,163,683$930,582$868,945$1,047,527
39$1,219,953$913,755$835,629$1,048,560
40$1,279,995$894,136$799,229$1,048,655
41$1,344,134$871,528$759,583$1,047,776
42$1,412,722$845,719$716,515$1,045,891
43$1,486,148$816,488$669,847$1,042,972
44$1,564,838$783,598$619,390$1,038,994
45$1,649,258$746,801$564,945$1,033,934
46$1,739,919$705,832$506,308$1,027,778
47$1,837,386$660,412$443,264$1,020,517
48$1,942,273$610,246$375,588$1,012,149
49$2,055,259$555,023$303,044$1,002,682
50$2,177,089$494,412$225,389$992,133
51$2,308,579$428,065$142,367$980,532
52$2,450,629$355,615$53,711$967,920
53$2,604,224$276,671$0$954,357
54$2,770,450$190,823$0$951,701
55$2,950,501$97,638$0$965,546
56$3,145,686$0$0$980,608
57$3,357,449$0$0$998,742
58$3,587,375$0$0$1,069,883
59$3,837,209$0$0$1,147,313
60$4,108,870$0$0$1,231,643
61$4,404,468$0$0$1,323,543
62$4,726,327$0$0$1,423,756
63$5,077,002$0$0$1,533,094
64$5,459,307$0$0$1,652,455
65$5,876,337$0$0$1,782,824
66$6,331,499$0$0$1,925,288
67$6,828,546$0$0$2,081,043
68$7,371,605$0$0$2,251,405
69$7,965,222$0$0$2,437,824
70$8,614,402$0$0$2,641,897
71$9,324,655$0$0$2,865,380
72$10,102,049$0$0$3,110,210
73$10,953,265$0$0$3,378,518
74$11,885,661$0$0$3,672,652
75$12,907,338$0$0$3,995,198
76$14,027,221$0$0$4,349,004
77$15,255,137$0$0$4,737,206
78$16,601,910$0$0$5,163,260
79$18,079,463$0$0$5,630,971
80$19,700,927$0$0$6,144,533
81$21,480,767$0$0$6,708,562
82$23,434,917$0$0$7,328,147
83$25,580,928$0$0$8,008,892
84$27,938,135$0$0$8,756,971
85$30,527,837$0$0$9,579,186
86$33,373,500$0$0$10,483,030
87$36,500,973$0$0$11,476,760
88$39,938,735$0$0$12,569,471
89$43,718,159$0$0$13,771,184
90$47,873,814$0$0$15,092,940
91$52,443,783$0$0$16,546,903
92$57,470,024$0$0$18,146,477
93$62,998,766$0$0$19,906,429
94$69,080,944$0$0$21,843,030
95$75,772,677$0$0$23,974,208
96$83,135,800$0$0$26,319,716
97$91,238,442$0$0$28,901,321
98$100,155,672$0$0$31,743,004
99$109,970,203$0$0$34,871,192
100$120,773,173$0$0$38,315,003