Can I retire at age 35 with 917,000?

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 $917,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.1%
1 years$75,725$75,050$74,392$73,750$73,123$72,179
2 years$37,488$36,789$36,113$35,457$34,820$33,871
3 years$24,743$24,042$23,367$22,717$22,092$21,166
4 years$18,373$17,674$17,005$16,367$15,756$14,861
5 years$14,551$13,856$13,197$12,571$11,977$11,116
6 years$12,004$11,315$10,665$10,053$9,477$8,651
7 years$10,186$9,502$8,863$8,265$7,708$6,916
8 years$8,823$8,145$7,516$6,934$6,394$5,637
9 years$7,763$7,092$6,474$5,906$5,385$4,662
10 years$6,916$6,251$5,644$5,091$4,588$3,900
11 years$6,223$5,565$4,969$4,431$3,946$3,291
12 years$5,646$4,995$4,410$3,886$3,419$2,797
13 years$5,158$4,514$3,940$3,431$2,982$2,391
14 years$4,741$4,103$3,540$3,046$2,614$2,054
15 years$4,379$3,748$3,196$2,716$2,301$1,771
16 years$4,063$3,439$2,898$2,432$2,034$1,533
17 years$3,784$3,167$2,637$2,185$1,804$1,330
18 years$3,537$2,926$2,407$1,969$1,604$1,157
19 years$3,315$2,712$2,204$1,779$1,429$1,009
20 years$3,117$2,520$2,022$1,612$1,277$881
21 years$2,937$2,348$1,860$1,463$1,143$771
22 years$2,774$2,191$1,714$1,330$1,024$675
23 years$2,625$2,050$1,583$1,211$919$592
24 years$2,489$1,920$1,464$1,105$826$520
25 years$2,364$1,802$1,356$1,009$744$457
26 years$2,249$1,694$1,258$922$670$402
27 years$2,142$1,594$1,168$844$604$353
28 years$2,044$1,502$1,086$774$545$311
29 years$1,952$1,417$1,010$709$492$274
30 years$1,867$1,338$941$651$445$241
31 years$1,787$1,265$877$598$402$213
32 years$1,712$1,197$818$549$364$188
33 years$1,642$1,134$764$505$329$166
34 years$1,576$1,074$714$465$298$146
35 years$1,515$1,019$668$428$270$129
36 years$1,456$967$625$394$244$114
37 years$1,401$919$585$363$222$100
38 years$1,349$873$547$335$201$89
39 years$1,300$830$513$309$182$78
40 years$1,254$790$481$285$165$69
41 years$1,209$752$451$263$150$61
42 years$1,167$716$423$242$136$54
43 years$1,128$682$397$224$123$48
44 years$1,090$650$372$207$112$42
45 years$1,053$620$350$191$102$37
46 years$1,019$592$328$176$92$33
47 years$986$565$309$163$84$29
48 years$954$539$290$150$76$26
49 years$924$515$273$139$69$23
50 years$895$492$256$129$63$20

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $917,000, adding $6,823 every year, while hoping to spend $31,030 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: 63/23/14 Blend
34$917,000$917,000$917,000$917,000
35$1,017,572$968,971$954,757$1,077,822
36$1,088,349$983,435$953,726$1,133,513
37$1,165,304$997,567$951,620$1,190,129
38$1,249,037$1,011,320$948,371$1,251,195
39$1,340,204$1,024,640$943,907$1,317,145
40$1,439,528$1,037,470$938,151$1,388,457
41$1,547,806$1,049,753$931,025$1,465,657
42$1,665,915$1,061,423$922,447$1,549,326
43$1,794,817$1,072,411$912,328$1,640,106
44$1,935,575$1,082,646$900,578$1,738,702
45$2,089,358$1,092,050$887,101$1,845,893
46$2,257,452$1,100,540$871,798$1,962,538
47$2,441,273$1,108,028$854,565$2,089,584
48$2,642,381$1,114,419$835,291$2,228,076
49$2,862,494$1,119,615$813,862$2,379,166
50$3,103,501$1,123,509$790,160$2,544,122
51$3,367,485$1,125,989$764,058$2,724,347
52$3,656,740$1,126,934$735,425$2,921,383
53$3,973,791$1,126,217$704,125$3,136,934
54$4,321,419$1,123,702$670,014$3,372,877
55$4,702,688$1,119,248$632,944$3,631,284
56$5,120,971$1,112,700$592,756$3,914,437
57$5,579,985$1,103,897$549,289$4,224,854
58$6,083,824$1,092,669$502,370$4,565,311
59$6,636,996$1,078,832$451,823$4,938,870
60$7,244,471$1,062,195$397,459$5,348,906
61$7,911,718$1,042,554$339,085$5,799,139
62$8,644,766$1,019,692$276,498$6,293,675
63$9,450,256$993,381$209,484$6,837,037
64$10,335,503$963,378$137,823$7,434,214
65$11,308,567$929,426$61,282$8,090,706
66$12,378,327$891,254$0$8,812,577
67$13,554,566$848,575$0$9,609,561
68$14,848,060$801,084$0$10,495,950
69$16,270,686$748,460$0$11,470,744
70$17,835,525$690,364$0$12,542,946
71$19,556,993$626,436$0$13,722,476
72$21,450,971$556,296$0$15,020,268
73$23,534,958$479,543$0$16,448,374
74$25,828,236$395,753$0$18,020,078
75$28,352,049$304,477$0$19,750,020
76$31,129,804$205,243$0$21,654,337
77$34,187,295$97,550$0$23,750,816
78$37,552,940$0$0$26,059,059
79$41,258,055$0$0$28,605,513
80$45,337,146$0$0$31,436,256
81$49,828,233$0$0$34,552,994
82$54,773,212$0$0$37,984,811
83$60,218,248$0$0$41,763,757
84$66,214,210$0$0$45,925,148
85$72,817,151$0$0$50,507,897
86$80,088,839$0$0$55,554,885
87$88,097,335$0$0$61,113,365
88$96,917,641$0$0$67,235,404
89$106,632,400$0$0$73,978,377
90$117,332,683$0$0$81,405,511
91$129,118,845$0$0$89,586,474
92$142,101,468$0$0$98,598,040
93$156,402,414$0$0$108,524,808
94$172,155,963$0$0$119,460,005
95$189,510,091$0$0$131,506,360
96$208,627,857$0$0$144,777,079
97$229,688,949$0$0$159,396,908
98$252,891,376$0$0$175,503,316
99$278,453,336$0$0$193,247,788
100$306,615,278$0$0$212,797,254