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%17.3%
1 years$75,808$75,132$74,474$73,830$73,203$71,030
2 years$37,529$36,830$36,152$35,495$34,858$32,688
3 years$24,770$24,069$23,393$22,742$22,116$20,015
4 years$18,393$17,693$17,024$16,385$15,773$13,758
5 years$14,567$13,871$13,211$12,585$11,990$10,067
6 years$12,017$11,327$10,677$10,064$9,488$7,657
7 years$10,197$9,512$8,872$8,274$7,716$5,978
8 years$8,832$8,154$7,525$6,941$6,401$4,755
9 years$7,771$7,099$6,481$5,912$5,391$3,835
10 years$6,923$6,258$5,650$5,096$4,593$3,126
11 years$6,230$5,571$4,974$4,435$3,950$2,568
12 years$5,652$5,000$4,415$3,890$3,423$2,124
13 years$5,164$4,519$3,944$3,435$2,985$1,766
14 years$4,746$4,107$3,544$3,049$2,617$1,474
15 years$4,384$3,752$3,200$2,719$2,304$1,235
16 years$4,067$3,443$2,901$2,435$2,036$1,037
17 years$3,788$3,170$2,640$2,188$1,805$873
18 years$3,540$2,930$2,410$1,971$1,605$737
19 years$3,319$2,715$2,206$1,781$1,431$623
20 years$3,120$2,523$2,025$1,613$1,278$527
21 years$2,940$2,350$1,862$1,464$1,144$446
22 years$2,777$2,194$1,716$1,331$1,025$379
23 years$2,628$2,052$1,585$1,212$920$321
24 years$2,492$1,922$1,466$1,106$827$273
25 years$2,367$1,804$1,357$1,010$744$232
26 years$2,251$1,696$1,259$923$670$197
27 years$2,145$1,596$1,169$845$604$168
28 years$2,046$1,504$1,087$774$545$143
29 years$1,954$1,418$1,011$710$493$121
30 years$1,869$1,340$942$652$445$103
31 years$1,789$1,266$878$599$402$88
32 years$1,714$1,198$819$550$364$75
33 years$1,644$1,135$765$506$329$64
34 years$1,578$1,076$715$465$298$54
35 years$1,516$1,020$668$428$270$46
36 years$1,458$968$625$395$245$39
37 years$1,403$920$585$364$222$34
38 years$1,351$874$548$335$201$29
39 years$1,302$831$513$309$182$24
40 years$1,255$791$481$285$165$21
41 years$1,211$753$451$263$150$18
42 years$1,169$717$423$243$136$15
43 years$1,129$683$397$224$124$13
44 years$1,091$651$373$207$112$11
45 years$1,054$621$350$191$102$9
46 years$1,020$592$329$176$92$8
47 years$987$565$309$163$84$7
48 years$955$539$290$151$76$6
49 years$925$515$273$139$69$5
50 years$896$492$257$129$63$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $918,000, adding $6,033 every year, while hoping to spend $44,534 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: 42/33/25 Blend
34$918,000$918,000$918,000$918,000
35$1,017,859$969,205$954,976$1,052,938
36$1,074,297$969,312$939,584$1,078,732
37$1,134,999$967,932$922,184$1,101,955
38$1,200,353$964,945$902,661$1,126,228
39$1,270,784$960,223$880,896$1,151,676
40$1,346,762$953,632$856,763$1,178,435
41$1,428,800$945,028$830,133$1,206,660
42$1,517,462$934,259$800,867$1,236,525
43$1,613,371$921,165$768,824$1,268,224
44$1,717,207$905,575$733,852$1,301,976
45$1,829,722$887,308$695,796$1,338,025
46$1,951,741$866,172$654,492$1,376,645
47$2,084,169$841,966$609,768$1,418,140
48$2,228,007$814,474$561,447$1,462,854
49$2,384,349$783,470$509,342$1,511,166
50$2,554,406$748,712$453,258$1,563,502
51$2,739,503$709,947$392,990$1,620,337
52$2,941,104$666,907$328,327$1,682,200
53$3,160,817$619,305$259,046$1,749,678
54$3,400,412$566,842$184,915$1,823,428
55$3,661,836$509,200$105,693$1,904,178
56$3,947,236$446,043$21,126$1,992,741
57$4,258,970$377,016$0$2,090,017
58$4,599,639$301,744$0$2,215,447
59$4,972,103$219,830$0$2,358,918
60$5,379,513$130,856$0$2,516,102
61$5,825,336$34,381$0$2,688,450
62$6,313,392$0$0$2,877,568
63$6,847,887$0$0$3,110,673
64$7,433,452$0$0$3,379,843
65$8,075,188$0$0$3,674,954
66$8,778,712$0$0$3,998,602
67$9,550,210$0$0$4,353,649
68$10,396,498$0$0$4,743,248
69$11,325,080$0$0$5,170,870
70$12,344,224$0$0$5,640,339
71$13,463,037$0$0$6,155,869
72$14,691,548$0$0$6,722,100
73$16,040,810$0$0$7,344,143
74$17,522,994$0$0$8,027,631
75$19,151,510$0$0$8,778,768
76$20,941,131$0$0$9,604,389
77$22,908,134$0$0$10,512,024
78$25,070,447$0$0$11,509,970
79$27,447,826$0$0$12,607,366
80$30,062,033$0$0$13,814,284
81$32,937,047$0$0$15,141,817
82$36,099,285$0$0$16,602,190
83$39,577,856$0$0$18,208,873
84$43,404,830$0$0$19,976,705
85$47,615,540$0$0$21,922,037
86$52,248,921$0$0$24,062,887
87$57,347,869$0$0$26,419,104
88$62,959,651$0$0$29,012,562
89$69,136,348$0$0$31,867,362
90$75,935,343$0$0$35,010,060
91$83,419,870$0$0$38,469,919
92$91,659,601$0$0$42,279,182
93$100,731,308$0$0$46,473,378
94$110,719,585$0$0$51,091,655
95$121,717,648$0$0$56,177,154
96$133,828,210$0$0$61,777,409
97$147,164,453$0$0$67,944,802
98$161,851,095$0$0$74,737,050
99$178,025,564$0$0$82,217,757
100$195,839,297$0$0$90,457,007