Can I retire at age 35 with 918,000?

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 $918,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.7%
1 years$75,808$75,132$74,474$73,830$73,203$72,079
2 years$37,529$36,830$36,152$35,495$34,858$33,729
3 years$24,770$24,069$23,393$22,742$22,116$21,016
4 years$18,393$17,693$17,024$16,385$15,773$14,711
5 years$14,567$13,871$13,211$12,585$11,990$10,969
6 years$12,017$11,327$10,677$10,064$9,488$8,509
7 years$10,197$9,512$8,872$8,274$7,716$6,780
8 years$8,832$8,154$7,525$6,941$6,401$5,507
9 years$7,771$7,099$6,481$5,912$5,391$4,539
10 years$6,923$6,258$5,650$5,096$4,593$3,782
11 years$6,230$5,571$4,974$4,435$3,950$3,180
12 years$5,652$5,000$4,415$3,890$3,423$2,692
13 years$5,164$4,519$3,944$3,435$2,985$2,292
14 years$4,746$4,107$3,544$3,049$2,617$1,961
15 years$4,384$3,752$3,200$2,719$2,304$1,685
16 years$4,067$3,443$2,901$2,435$2,036$1,452
17 years$3,788$3,170$2,640$2,188$1,805$1,255
18 years$3,540$2,930$2,410$1,971$1,605$1,087
19 years$3,319$2,715$2,206$1,781$1,431$943
20 years$3,120$2,523$2,025$1,613$1,278$820
21 years$2,940$2,350$1,862$1,464$1,144$714
22 years$2,777$2,194$1,716$1,331$1,025$623
23 years$2,628$2,052$1,585$1,212$920$544
24 years$2,492$1,922$1,466$1,106$827$475
25 years$2,367$1,804$1,357$1,010$744$415
26 years$2,251$1,696$1,259$923$670$363
27 years$2,145$1,596$1,169$845$604$318
28 years$2,046$1,504$1,087$774$545$279
29 years$1,954$1,418$1,011$710$493$244
30 years$1,869$1,340$942$652$445$214
31 years$1,789$1,266$878$599$402$188
32 years$1,714$1,198$819$550$364$165
33 years$1,644$1,135$765$506$329$145
34 years$1,578$1,076$715$465$298$127
35 years$1,516$1,020$668$428$270$112
36 years$1,458$968$625$395$245$98
37 years$1,403$920$585$364$222$86
38 years$1,351$874$548$335$201$76
39 years$1,302$831$513$309$182$66
40 years$1,255$791$481$285$165$58
41 years$1,211$753$451$263$150$51
42 years$1,169$717$423$243$136$45
43 years$1,129$683$397$224$124$40
44 years$1,091$651$373$207$112$35
45 years$1,054$621$350$191$102$31
46 years$1,020$592$329$176$92$27
47 years$987$565$309$163$84$24
48 years$955$539$290$151$76$21
49 years$925$515$273$139$69$18
50 years$896$492$257$129$63$16

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $918,000, adding $3,318 every year, while hoping to spend $56,497 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: 25/48/27 Blend
34$918,000$918,000$918,000$918,000
35$1,015,059$966,405$952,176$1,031,754
36$1,058,482$953,646$923,961$1,033,109
37$1,104,441$938,369$892,908$1,029,523
38$1,153,135$920,390$858,861$1,024,498
39$1,204,781$899,515$821,659$1,017,952
40$1,259,617$875,539$781,133$1,009,799
41$1,317,902$848,245$737,105$999,952
42$1,379,922$817,402$689,391$988,322
43$1,445,986$782,767$637,798$974,819
44$1,516,436$744,083$582,124$959,351
45$1,591,646$701,076$522,158$941,824
46$1,672,023$653,458$457,681$922,145
47$1,758,018$600,925$388,461$900,219
48$1,850,120$543,155$314,258$875,954
49$1,948,869$479,807$234,823$849,255
50$2,054,857$410,520$149,893$820,033
51$2,168,732$334,916$59,194$788,198
52$2,291,208$252,592$0$753,665
53$2,423,066$163,123$0$727,185
54$2,565,165$66,063$0$716,752
55$2,718,449$0$0$705,318
56$2,883,955$0$0$713,548
57$3,062,821$0$0$760,275
58$3,256,300$0$0$810,947
59$3,465,768$0$0$865,941
60$3,692,737$0$0$925,671
61$3,938,871$0$0$990,593
62$4,205,999$0$0$1,061,208
63$4,496,133$0$0$1,138,068
64$4,811,486$0$0$1,221,778
65$5,154,493$0$0$1,313,007
66$5,527,831$0$0$1,412,489
67$5,934,449$0$0$1,521,034
68$6,377,590$0$0$1,639,531
69$6,860,822$0$0$1,768,961
70$7,388,075$0$0$1,910,401
71$7,963,672$0$0$2,065,040
72$8,592,374$0$0$2,234,186
73$9,279,419$0$0$2,419,277
74$10,030,579$0$0$2,621,899
75$10,852,203$0$0$2,843,799
76$11,751,286$0$0$3,086,898
77$12,735,528$0$0$3,353,313
78$13,813,409$0$0$3,645,377
79$14,994,269$0$0$3,965,657
80$16,288,391$0$0$4,316,981
81$17,707,101$0$0$4,702,466
82$19,262,875$0$0$5,125,543
83$20,969,452$0$0$5,589,992
84$22,841,965$0$0$6,099,976
85$24,897,084$0$0$6,660,082
86$27,153,169$0$0$7,275,363
87$29,630,448$0$0$7,951,385
88$32,351,201$0$0$8,694,281
89$35,339,971$0$0$9,510,805
90$38,623,798$0$0$10,408,400
91$42,232,468$0$0$11,395,267
92$46,198,798$0$0$12,480,437
93$50,558,940$0$0$13,673,866
94$55,352,724$0$0$14,986,517
95$60,624,032$0$0$16,430,473
96$66,421,211$0$0$18,019,045
97$72,797,529$0$0$19,766,900
98$79,811,674$0$0$21,690,200
99$87,528,309$0$0$23,806,748
100$96,018,680$0$0$26,136,165