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%11.4%
1 years$75,642$74,969$74,311$73,670$73,043$72,613
2 years$37,447$36,749$36,073$35,418$34,782$34,349
3 years$24,717$24,016$23,342$22,693$22,067$21,643
4 years$18,353$17,654$16,987$16,349$15,739$15,327
5 years$14,535$13,841$13,183$12,557$11,964$11,567
6 years$11,991$11,302$10,653$10,042$9,467$9,084
7 years$10,175$9,492$8,853$8,256$7,699$7,331
8 years$8,813$8,136$7,508$6,926$6,387$6,034
9 years$7,755$7,084$6,467$5,899$5,379$5,041
10 years$6,908$6,244$5,638$5,085$4,583$4,259
11 years$6,216$5,559$4,963$4,426$3,942$3,632
12 years$5,640$4,989$4,405$3,882$3,416$3,120
13 years$5,153$4,509$3,936$3,427$2,979$2,697
14 years$4,735$4,098$3,536$3,042$2,611$2,343
15 years$4,374$3,744$3,193$2,713$2,299$2,044
16 years$4,058$3,435$2,895$2,429$2,032$1,790
17 years$3,780$3,164$2,634$2,183$1,802$1,572
18 years$3,533$2,923$2,404$1,967$1,602$1,384
19 years$3,312$2,709$2,201$1,777$1,428$1,221
20 years$3,113$2,518$2,020$1,610$1,275$1,080
21 years$2,934$2,345$1,858$1,461$1,141$957
22 years$2,771$2,189$1,713$1,328$1,023$849
23 years$2,622$2,047$1,581$1,210$918$754
24 years$2,486$1,918$1,462$1,103$825$671
25 years$2,362$1,800$1,354$1,008$743$597
26 years$2,247$1,692$1,256$921$669$532
27 years$2,140$1,592$1,166$843$603$474
28 years$2,042$1,500$1,084$773$544$423
29 years$1,950$1,415$1,009$709$491$378
30 years$1,865$1,337$940$650$444$338
31 years$1,785$1,264$876$597$401$302
32 years$1,710$1,196$818$549$363$270
33 years$1,640$1,132$763$505$329$242
34 years$1,575$1,073$713$464$298$216
35 years$1,513$1,018$667$428$270$194
36 years$1,455$966$624$394$244$173
37 years$1,400$918$584$363$221$155
38 years$1,348$872$547$334$201$139
39 years$1,299$829$512$308$182$125
40 years$1,252$789$480$284$165$112
41 years$1,208$751$450$262$150$100
42 years$1,166$715$422$242$136$90
43 years$1,126$681$396$224$123$81
44 years$1,088$650$372$206$112$72
45 years$1,052$619$349$191$102$65
46 years$1,018$591$328$176$92$58
47 years$985$564$308$163$84$52
48 years$953$538$290$150$76$47
49 years$923$514$272$139$69$42
50 years$894$491$256$128$63$38

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $916,000, adding $4,981 every year, while hoping to spend $51,268 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: 63/7/30 Blend
34$916,000$916,000$916,000$916,000
35$1,014,570$966,022$951,824$1,070,024
36$1,063,507$958,808$929,161$1,101,083
37$1,115,718$949,523$904,021$1,128,988
38$1,171,482$938,010$876,266$1,158,389
39$1,231,105$924,105$845,754$1,189,444
40$1,294,924$907,632$812,333$1,222,326
41$1,363,308$888,408$775,847$1,257,229
42$1,436,660$866,234$736,133$1,294,369
43$1,515,424$840,905$693,018$1,333,985
44$1,600,088$812,199$646,324$1,376,344
45$1,691,185$779,885$595,864$1,421,743
46$1,789,302$743,716$541,442$1,470,509
47$1,895,084$703,431$482,854$1,523,008
48$2,009,239$658,756$419,886$1,579,645
49$2,132,545$609,398$352,315$1,640,870
50$2,265,856$555,050$279,910$1,707,183
51$2,410,113$495,387$202,426$1,779,136
52$2,566,348$430,064$119,611$1,857,343
53$2,735,696$358,718$31,198$1,942,483
54$2,919,407$280,965$0$2,035,309
55$3,118,853$196,399$0$2,156,873
56$3,335,545$104,592$0$2,299,852
57$3,571,145$5,091$0$2,455,371
58$3,827,480$0$0$2,624,663
59$4,106,562$0$0$2,816,987
60$4,410,604$0$0$3,026,999
61$4,742,041$0$0$3,255,996
62$5,103,553$0$0$3,505,839
63$5,498,092$0$0$3,778,574
64$5,928,903$0$0$4,076,456
65$6,399,562$0$0$4,401,964
66$6,914,005$0$0$4,757,829
67$7,476,564$0$0$5,147,059
68$8,092,010$0$0$5,572,965
69$8,765,596$0$0$6,039,191
70$9,503,105$0$0$6,549,753
71$10,310,909$0$0$7,109,071
72$11,196,021$0$0$7,722,013
73$12,166,166$0$0$8,393,942
74$13,229,853$0$0$9,130,762
75$14,396,453$0$0$9,938,978
76$15,676,285$0$0$10,825,754
77$17,080,720$0$0$11,798,980
78$18,622,279$0$0$12,867,349
79$20,314,755$0$0$14,040,435
80$22,173,344$0$0$15,328,785
81$24,214,783$0$0$16,744,018
82$26,457,511$0$0$18,298,934
83$28,921,841$0$0$20,007,632
84$31,630,152$0$0$21,885,646
85$34,607,095$0$0$23,950,091
86$37,879,834$0$0$26,219,821
87$41,478,290$0$0$28,715,609
88$45,435,432$0$0$31,460,339
89$49,787,583$0$0$34,479,228
90$54,574,762$0$0$37,800,057
91$59,841,062$0$0$41,453,434
92$65,635,064$0$0$45,473,086
93$72,010,297$0$0$49,896,171
94$79,025,737$0$0$54,763,633
95$86,746,370$0$0$60,120,585
96$95,243,797$0$0$66,016,735
97$104,596,914$0$0$72,506,853
98$114,892,655$0$0$79,651,289
99$126,226,807$0$0$87,516,544
100$138,704,918$0$0$96,175,891