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%14.8%
1 years$75,642$74,969$74,311$73,670$73,043$71,598
2 years$37,447$36,749$36,073$35,418$34,782$33,332
3 years$24,717$24,016$23,342$22,693$22,067$20,658
4 years$18,353$17,654$16,987$16,349$15,739$14,380
5 years$14,535$13,841$13,183$12,557$11,964$10,661
6 years$11,991$11,302$10,653$10,042$9,467$8,220
7 years$10,175$9,492$8,853$8,256$7,699$6,510
8 years$8,813$8,136$7,508$6,926$6,387$5,254
9 years$7,755$7,084$6,467$5,899$5,379$4,302
10 years$6,908$6,244$5,638$5,085$4,583$3,561
11 years$6,216$5,559$4,963$4,426$3,942$2,973
12 years$5,640$4,989$4,405$3,882$3,416$2,499
13 years$5,153$4,509$3,936$3,427$2,979$2,113
14 years$4,735$4,098$3,536$3,042$2,611$1,794
15 years$4,374$3,744$3,193$2,713$2,299$1,530
16 years$4,058$3,435$2,895$2,429$2,032$1,308
17 years$3,780$3,164$2,634$2,183$1,802$1,122
18 years$3,533$2,923$2,404$1,967$1,602$964
19 years$3,312$2,709$2,201$1,777$1,428$830
20 years$3,113$2,518$2,020$1,610$1,275$716
21 years$2,934$2,345$1,858$1,461$1,141$618
22 years$2,771$2,189$1,713$1,328$1,023$534
23 years$2,622$2,047$1,581$1,210$918$462
24 years$2,486$1,918$1,462$1,103$825$401
25 years$2,362$1,800$1,354$1,008$743$347
26 years$2,247$1,692$1,256$921$669$301
27 years$2,140$1,592$1,166$843$603$261
28 years$2,042$1,500$1,084$773$544$227
29 years$1,950$1,415$1,009$709$491$197
30 years$1,865$1,337$940$650$444$171
31 years$1,785$1,264$876$597$401$149
32 years$1,710$1,196$818$549$363$130
33 years$1,640$1,132$763$505$329$113
34 years$1,575$1,073$713$464$298$98
35 years$1,513$1,018$667$428$270$85
36 years$1,455$966$624$394$244$74
37 years$1,400$918$584$363$221$65
38 years$1,348$872$547$334$201$56
39 years$1,299$829$512$308$182$49
40 years$1,252$789$480$284$165$43
41 years$1,208$751$450$262$150$37
42 years$1,166$715$422$242$136$32
43 years$1,126$681$396$224$123$28
44 years$1,088$650$372$206$112$24
45 years$1,052$619$349$191$102$21
46 years$1,018$591$328$176$92$19
47 years$985$564$308$163$84$16
48 years$953$538$290$150$76$14
49 years$923$514$272$139$69$12
50 years$894$491$256$128$63$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $916,000, adding $3,798 every year, while hoping to spend $25,900 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: 52/30/18 Blend
34$916,000$916,000$916,000$916,000
35$1,013,350$964,802$950,604$1,060,865
36$1,089,154$984,520$954,891$1,113,628
37$1,171,822$1,004,336$958,455$1,167,964
38$1,262,027$1,024,227$961,242$1,226,499
39$1,360,509$1,044,170$963,199$1,289,642
40$1,468,084$1,064,137$964,269$1,357,839
41$1,585,649$1,084,100$964,393$1,431,586
42$1,714,192$1,104,027$963,506$1,511,427
43$1,854,800$1,123,885$961,544$1,597,963
44$2,008,672$1,143,638$958,439$1,691,856
45$2,177,126$1,163,246$954,116$1,793,836
46$2,361,615$1,182,667$948,501$1,904,707
47$2,563,739$1,201,857$941,515$2,025,359
48$2,785,258$1,220,765$933,073$2,156,768
49$3,028,112$1,239,341$923,089$2,300,015
50$3,294,439$1,257,528$911,471$2,456,288
51$3,586,590$1,275,265$898,125$2,626,901
52$3,907,159$1,292,490$882,949$2,813,299
53$4,259,000$1,309,133$865,838$3,017,078
54$4,645,259$1,325,121$846,684$3,239,996
55$5,069,398$1,340,375$825,371$3,483,992
56$5,535,235$1,354,812$801,780$3,751,206
57$6,046,974$1,368,342$775,784$4,043,993
58$6,609,244$1,380,870$747,252$4,364,954
59$7,227,149$1,392,294$716,046$4,716,955
60$7,906,309$1,402,507$682,024$5,103,156
61$8,652,915$1,411,393$645,035$5,527,042
62$9,473,791$1,418,830$604,922$5,992,454
63$10,376,452$1,424,686$561,521$6,503,627
64$11,369,178$1,428,824$514,661$7,065,232
65$12,461,094$1,431,097$464,162$7,682,417
66$13,662,252$1,431,347$409,837$8,360,858
67$14,983,727$1,429,408$351,492$9,106,814
68$16,437,721$1,425,103$288,921$9,927,184
69$18,037,682$1,418,246$221,913$10,829,575
70$19,798,422$1,408,637$150,244$11,822,371
71$21,736,267$1,396,066$73,683$12,914,819
72$23,869,201$1,380,308$0$14,117,108
73$26,217,044$1,361,127$0$15,442,016
74$28,801,631$1,338,272$0$16,915,588
75$31,647,026$1,311,476$0$18,537,364
76$34,779,742$1,280,457$0$20,322,447
77$38,228,993$1,244,916$0$22,287,484
78$42,026,972$1,204,539$0$24,450,823
79$46,209,151$1,158,989$0$26,832,686
80$50,814,618$1,107,914$0$29,455,360
81$55,886,445$1,050,938$0$32,343,408
82$61,472,094$987,665$0$35,523,903
83$67,623,864$917,677$0$39,026,682
84$74,399,385$840,530$0$42,884,630
85$81,862,163$755,757$0$47,133,991
86$90,082,177$662,862$0$51,814,708
87$99,136,539$561,322$0$56,970,805
88$109,110,225$450,586$0$62,650,803
89$120,096,871$330,068$0$68,908,176
90$132,199,664$199,154$0$75,801,857
91$145,532,309$57,191$0$83,396,800
92$160,220,104$0$0$91,764,589
93$176,401,125$0$0$101,015,976
94$194,227,524$0$0$111,229,045
95$213,866,972$0$0$122,480,995
96$235,504,232$0$0$134,877,700
97$259,342,912$0$0$148,535,835
98$285,607,380$0$0$163,583,968
99$314,544,887$0$0$180,163,781
100$346,427,894$0$0$198,431,404