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%14.8%
1 years$75,725$75,050$74,392$73,750$73,123$71,676
2 years$37,488$36,789$36,113$35,457$34,820$33,369
3 years$24,743$24,042$23,367$22,717$22,092$20,680
4 years$18,373$17,674$17,005$16,367$15,756$14,396
5 years$14,551$13,856$13,197$12,571$11,977$10,673
6 years$12,004$11,315$10,665$10,053$9,477$8,229
7 years$10,186$9,502$8,863$8,265$7,708$6,517
8 years$8,823$8,145$7,516$6,934$6,394$5,260
9 years$7,763$7,092$6,474$5,906$5,385$4,307
10 years$6,916$6,251$5,644$5,091$4,588$3,565
11 years$6,223$5,565$4,969$4,431$3,946$2,976
12 years$5,646$4,995$4,410$3,886$3,419$2,502
13 years$5,158$4,514$3,940$3,431$2,982$2,115
14 years$4,741$4,103$3,540$3,046$2,614$1,796
15 years$4,379$3,748$3,196$2,716$2,301$1,531
16 years$4,063$3,439$2,898$2,432$2,034$1,310
17 years$3,784$3,167$2,637$2,185$1,804$1,123
18 years$3,537$2,926$2,407$1,969$1,604$965
19 years$3,315$2,712$2,204$1,779$1,429$831
20 years$3,117$2,520$2,022$1,612$1,277$716
21 years$2,937$2,348$1,860$1,463$1,143$619
22 years$2,774$2,191$1,714$1,330$1,024$535
23 years$2,625$2,050$1,583$1,211$919$463
24 years$2,489$1,920$1,464$1,105$826$401
25 years$2,364$1,802$1,356$1,009$744$348
26 years$2,249$1,694$1,258$922$670$302
27 years$2,142$1,594$1,168$844$604$262
28 years$2,044$1,502$1,086$774$545$227
29 years$1,952$1,417$1,010$709$492$197
30 years$1,867$1,338$941$651$445$172
31 years$1,787$1,265$877$598$402$149
32 years$1,712$1,197$818$549$364$130
33 years$1,642$1,134$764$505$329$113
34 years$1,576$1,074$714$465$298$98
35 years$1,515$1,019$668$428$270$85
36 years$1,456$967$625$394$244$74
37 years$1,401$919$585$363$222$65
38 years$1,349$873$547$335$201$56
39 years$1,300$830$513$309$182$49
40 years$1,254$790$481$285$165$43
41 years$1,209$752$451$263$150$37
42 years$1,167$716$423$242$136$32
43 years$1,128$682$397$224$123$28
44 years$1,090$650$372$207$112$25
45 years$1,053$620$350$191$102$21
46 years$1,019$592$328$176$92$19
47 years$986$565$309$163$84$16
48 years$954$539$290$150$76$14
49 years$924$515$273$139$69$12
50 years$895$492$256$129$63$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $917,000, adding $6,664 every year, while hoping to spend $32,659 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: 41/32/27 Blend
34$917,000$917,000$917,000$917,000
35$1,017,408$968,807$954,593$1,050,811
36$1,086,435$981,530$951,823$1,088,267
37$1,161,407$993,781$947,866$1,125,222
38$1,242,898$1,005,504$942,647$1,164,595
39$1,331,537$1,016,636$936,088$1,206,628
40$1,428,015$1,027,113$928,109$1,251,589
41$1,533,095$1,036,864$918,623$1,299,775
42$1,647,615$1,045,814$907,541$1,351,514
43$1,772,497$1,053,884$894,769$1,407,171
44$1,908,757$1,060,990$880,209$1,467,150
45$2,057,513$1,067,042$863,759$1,531,895
46$2,219,995$1,071,943$845,311$1,601,901
47$2,397,558$1,075,591$824,752$1,677,715
48$2,591,693$1,077,879$801,965$1,759,940
49$2,804,041$1,078,690$776,826$1,849,246
50$3,036,410$1,077,903$749,207$1,946,373
51$3,290,792$1,075,388$718,973$2,052,140
52$3,569,377$1,071,007$685,983$2,167,450
53$3,874,580$1,064,613$650,090$2,293,304
54$4,209,059$1,056,051$611,140$2,430,809
55$4,575,743$1,045,157$568,973$2,581,188
56$4,977,855$1,031,755$523,420$2,745,791
57$5,418,947$1,015,662$474,305$2,926,114
58$5,902,931$996,681$421,445$3,123,805
59$6,434,115$974,604$364,650$3,340,690
60$7,017,247$949,211$303,717$3,578,782
61$7,657,554$920,271$238,440$3,840,309
62$8,360,795$887,535$168,598$4,127,728
63$9,133,316$850,743$93,966$4,443,755
64$9,982,105$809,620$14,304$4,791,390
65$10,914,861$763,874$0$5,173,944
66$11,940,068$713,195$0$5,615,444
67$13,067,071$657,258$0$6,105,280
68$14,306,166$595,716$0$6,643,861
69$15,668,695$528,207$0$7,236,189
70$17,167,156$454,343$0$7,887,782
71$18,815,318$373,718$0$8,604,723
72$20,628,351$285,901$0$9,393,720
73$22,622,971$190,438$0$10,262,174
74$24,817,594$86,849$0$11,218,243
75$27,232,511$0$0$12,270,925
76$29,890,081$0$0$13,439,074
77$32,814,938$0$0$14,758,509
78$36,034,227$0$0$16,210,908
79$39,577,856$0$0$17,809,783
80$43,478,783$0$0$19,570,023
81$47,773,319$0$0$21,508,031
82$52,501,478$0$0$23,641,886
83$57,707,351$0$0$25,991,504
84$63,439,521$0$0$28,578,835
85$69,751,521$0$0$31,428,065
86$76,702,343$0$0$34,565,842
87$84,356,988$0$0$38,021,535
88$92,787,083$0$0$41,827,502
89$102,071,556$0$0$46,019,403
90$112,297,383$0$0$50,636,531
91$123,560,401$0$0$55,722,185
92$135,966,220$0$0$61,324,079
93$149,631,217$0$0$67,494,790
94$164,683,631$0$0$74,292,257
95$181,264,777$0$0$81,780,325
96$199,530,379$0$0$90,029,349
97$219,652,034$0$0$99,116,857
98$241,818,839$0$0$109,128,284
99$266,239,170$0$0$120,157,773
100$293,142,652$0$0$132,309,071