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%12.9%
1 years$75,725$75,050$74,392$73,750$73,123$72,239
2 years$37,488$36,789$36,113$35,457$34,820$33,931
3 years$24,743$24,042$23,367$22,717$22,092$21,224
4 years$18,373$17,674$17,005$16,367$15,756$14,917
5 years$14,551$13,856$13,197$12,571$11,977$11,170
6 years$12,004$11,315$10,665$10,053$9,477$8,702
7 years$10,186$9,502$8,863$8,265$7,708$6,964
8 years$8,823$8,145$7,516$6,934$6,394$5,683
9 years$7,763$7,092$6,474$5,906$5,385$4,706
10 years$6,916$6,251$5,644$5,091$4,588$3,941
11 years$6,223$5,565$4,969$4,431$3,946$3,330
12 years$5,646$4,995$4,410$3,886$3,419$2,834
13 years$5,158$4,514$3,940$3,431$2,982$2,426
14 years$4,741$4,103$3,540$3,046$2,614$2,086
15 years$4,379$3,748$3,196$2,716$2,301$1,802
16 years$4,063$3,439$2,898$2,432$2,034$1,561
17 years$3,784$3,167$2,637$2,185$1,804$1,357
18 years$3,537$2,926$2,407$1,969$1,604$1,182
19 years$3,315$2,712$2,204$1,779$1,429$1,032
20 years$3,117$2,520$2,022$1,612$1,277$903
21 years$2,937$2,348$1,860$1,463$1,143$791
22 years$2,774$2,191$1,714$1,330$1,024$694
23 years$2,625$2,050$1,583$1,211$919$609
24 years$2,489$1,920$1,464$1,105$826$536
25 years$2,364$1,802$1,356$1,009$744$471
26 years$2,249$1,694$1,258$922$670$415
27 years$2,142$1,594$1,168$844$604$366
28 years$2,044$1,502$1,086$774$545$323
29 years$1,952$1,417$1,010$709$492$285
30 years$1,867$1,338$941$651$445$251
31 years$1,787$1,265$877$598$402$222
32 years$1,712$1,197$818$549$364$196
33 years$1,642$1,134$764$505$329$173
34 years$1,576$1,074$714$465$298$153
35 years$1,515$1,019$668$428$270$135
36 years$1,456$967$625$394$244$120
37 years$1,401$919$585$363$222$106
38 years$1,349$873$547$335$201$94
39 years$1,300$830$513$309$182$83
40 years$1,254$790$481$285$165$73
41 years$1,209$752$451$263$150$65
42 years$1,167$716$423$242$136$57
43 years$1,128$682$397$224$123$51
44 years$1,090$650$372$207$112$45
45 years$1,053$620$350$191$102$40
46 years$1,019$592$328$176$92$35
47 years$986$565$309$163$84$31
48 years$954$539$290$150$76$28
49 years$924$515$273$139$69$24
50 years$895$492$256$129$63$22

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $917,000, adding $3,037 every year, while hoping to spend $38,020 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: 26/44/30 Blend
34$917,000$917,000$917,000$917,000
35$1,013,667$965,066$950,852$1,030,501
36$1,076,608$971,901$942,253$1,051,557
37$1,144,694$977,797$932,091$1,070,710
38$1,218,412$982,667$920,274$1,090,492
39$1,298,292$986,420$906,706$1,110,984
40$1,384,922$988,959$891,285$1,132,277
41$1,478,945$990,179$873,904$1,154,475
42$1,581,071$989,972$854,453$1,177,696
43$1,692,079$988,219$832,816$1,202,073
44$1,812,826$984,797$808,871$1,227,758
45$1,944,257$979,574$782,490$1,254,920
46$2,087,409$972,411$753,541$1,283,752
47$2,243,424$963,159$721,885$1,314,470
48$2,413,561$951,661$687,376$1,347,315
49$2,599,203$937,752$649,862$1,382,561
50$2,801,874$921,253$609,184$1,420,514
51$3,023,250$901,979$565,176$1,461,516
52$3,265,177$879,732$517,665$1,505,952
53$3,529,687$854,301$466,469$1,554,250
54$3,819,019$825,466$411,400$1,606,892
55$4,135,636$792,990$352,259$1,664,412
56$4,482,251$756,627$288,839$1,727,410
57$4,861,850$716,112$220,925$1,796,554
58$5,277,725$671,167$148,292$1,872,588
59$5,733,498$621,500$70,705$1,956,342
60$6,233,160$566,798$0$2,048,740
61$6,781,104$506,733$0$2,154,682
62$7,382,172$440,958$0$2,295,843
63$8,041,695$369,106$0$2,450,927
64$8,765,545$290,790$0$2,621,435
65$9,560,192$205,599$0$2,809,032
66$10,432,759$113,102$0$3,015,558
67$11,391,098$12,841$0$3,243,051
68$12,443,855$0$0$3,493,765
69$13,600,555$0$0$3,816,512
70$14,871,692$0$0$4,178,188
71$16,268,827$0$0$4,575,886
72$17,804,698$0$0$5,013,251
73$19,493,335$0$0$5,494,303
74$21,350,199$0$0$6,023,467
75$23,392,322$0$0$6,605,622
76$25,638,470$0$0$7,246,141
77$28,109,320$0$0$7,950,945
78$30,827,651$0$0$8,726,559
79$33,818,565$0$0$9,580,171
80$37,109,716$0$0$10,519,702
81$40,731,578$0$0$11,553,879
82$44,717,724$0$0$12,692,319
83$49,105,149$0$0$13,945,618
84$53,934,619$0$0$15,325,451
85$59,251,047$0$0$16,844,686
86$65,103,927$0$0$18,517,497
87$71,547,793$0$0$20,359,507
88$78,642,735$0$0$22,387,929
89$86,454,970$0$0$24,621,729
90$95,057,459$0$0$27,081,810
91$104,530,600$0$0$29,791,202
92$114,962,986$0$0$32,775,283
93$126,452,239$0$0$36,062,021
94$139,105,931$0$0$39,682,231
95$153,042,599$0$0$43,669,871
96$168,392,866$0$0$48,062,363
97$185,300,667$0$0$52,900,941
98$203,924,614$0$0$58,231,045
99$224,439,486$0$0$64,102,747
100$247,037,884$0$0$70,571,225