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%18.7%
1 years$75,808$75,132$74,474$73,830$73,203$70,633
2 years$37,529$36,830$36,152$35,495$34,858$32,297
3 years$24,770$24,069$23,393$22,742$22,116$19,642
4 years$18,393$17,693$17,024$16,385$15,773$13,407
5 years$14,567$13,871$13,211$12,585$11,990$9,738
6 years$12,017$11,327$10,677$10,064$9,488$7,350
7 years$10,197$9,512$8,872$8,274$7,716$5,693
8 years$8,832$8,154$7,525$6,941$6,401$4,491
9 years$7,771$7,099$6,481$5,912$5,391$3,591
10 years$6,923$6,258$5,650$5,096$4,593$2,901
11 years$6,230$5,571$4,974$4,435$3,950$2,362
12 years$5,652$5,000$4,415$3,890$3,423$1,936
13 years$5,164$4,519$3,944$3,435$2,985$1,594
14 years$4,746$4,107$3,544$3,049$2,617$1,318
15 years$4,384$3,752$3,200$2,719$2,304$1,093
16 years$4,067$3,443$2,901$2,435$2,036$909
17 years$3,788$3,170$2,640$2,188$1,805$758
18 years$3,540$2,930$2,410$1,971$1,605$632
19 years$3,319$2,715$2,206$1,781$1,431$529
20 years$3,120$2,523$2,025$1,613$1,278$443
21 years$2,940$2,350$1,862$1,464$1,144$371
22 years$2,777$2,194$1,716$1,331$1,025$311
23 years$2,628$2,052$1,585$1,212$920$261
24 years$2,492$1,922$1,466$1,106$827$219
25 years$2,367$1,804$1,357$1,010$744$184
26 years$2,251$1,696$1,259$923$670$155
27 years$2,145$1,596$1,169$845$604$130
28 years$2,046$1,504$1,087$774$545$110
29 years$1,954$1,418$1,011$710$493$92
30 years$1,869$1,340$942$652$445$78
31 years$1,789$1,266$878$599$402$65
32 years$1,714$1,198$819$550$364$55
33 years$1,644$1,135$765$506$329$46
34 years$1,578$1,076$715$465$298$39
35 years$1,516$1,020$668$428$270$33
36 years$1,458$968$625$395$245$28
37 years$1,403$920$585$364$222$23
38 years$1,351$874$548$335$201$20
39 years$1,302$831$513$309$182$17
40 years$1,255$791$481$285$165$14
41 years$1,211$753$451$263$150$12
42 years$1,169$717$423$243$136$10
43 years$1,129$683$397$224$124$8
44 years$1,091$651$373$207$112$7
45 years$1,054$621$350$191$102$6
46 years$1,020$592$329$176$92$5
47 years$987$565$309$163$84$4
48 years$955$539$290$151$76$4
49 years$925$515$273$139$69$3
50 years$896$492$257$129$63$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $918,000, adding $4,453 every year, while hoping to spend $43,117 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: 63/31/6 Blend
34$918,000$918,000$918,000$918,000
35$1,016,229$967,575$953,346$1,078,916
36$1,074,009$969,110$939,407$1,122,776
37$1,136,236$969,275$923,556$1,165,166
38$1,203,320$967,958$905,683$1,210,325
39$1,275,710$965,039$885,674$1,258,517
40$1,353,896$960,390$863,409$1,310,036
41$1,438,422$953,878$838,762$1,365,206
42$1,529,883$945,359$811,601$1,424,386
43$1,628,931$934,682$781,790$1,487,973
44$1,736,287$921,686$749,185$1,556,404
45$1,852,741$906,202$713,636$1,630,165
46$1,979,163$888,048$674,985$1,709,790
47$2,116,510$867,034$633,069$1,795,872
48$2,265,833$842,958$587,716$1,889,065
49$2,428,291$815,606$538,747$1,990,093
50$2,605,157$784,751$485,975$2,099,753
51$2,797,832$750,152$429,205$2,218,930
52$3,007,858$711,558$368,231$2,348,600
53$3,236,934$668,699$302,841$2,489,839
54$3,486,928$621,291$232,813$2,643,840
55$3,759,895$569,035$157,912$2,811,918
56$4,058,100$511,613$77,898$2,995,527
57$4,384,035$448,691$0$3,196,273
58$4,740,443$379,913$0$3,416,409
59$5,130,346$304,907$0$3,662,767
60$5,557,069$223,276$0$3,932,536
61$6,024,277$134,603$0$4,228,124
62$6,536,002$38,447$0$4,552,186
63$7,096,687$0$0$4,907,656
64$7,711,222$0$0$5,320,168
65$8,384,996$0$0$5,786,889
66$9,123,943$0$0$6,298,825
67$9,934,599$0$0$6,860,510
68$10,824,162$0$0$7,476,942
69$11,800,561$0$0$8,153,625
70$12,872,532$0$0$8,896,622
71$14,049,696$0$0$9,712,612
72$15,342,652$0$0$10,608,951
73$16,763,075$0$0$11,593,745
74$18,323,829$0$0$12,675,922
75$20,039,084$0$0$13,865,319
76$21,924,452$0$0$15,172,774
77$23,997,130$0$0$16,610,223
78$26,276,067$0$0$18,190,823
79$28,782,140$0$0$19,929,064
80$31,538,349$0$0$21,840,912
81$34,570,034$0$0$23,943,961
82$37,905,117$0$0$26,257,591
83$41,574,359$0$0$28,803,160
84$45,611,657$0$0$31,604,196
85$50,054,355$0$0$34,686,626
86$54,943,603$0$0$38,079,015
87$60,324,741$0$0$41,812,841
88$66,247,727$0$0$45,922,785
89$72,767,609$0$0$50,447,062
90$79,945,041$0$0$55,427,779
91$87,846,857$0$0$60,911,336
92$96,546,703$0$0$66,948,858
93$106,125,726$0$0$73,596,682
94$116,673,344$0$0$80,916,883
95$128,288,087$0$0$88,977,865
96$141,078,527$0$0$97,855,002
97$155,164,301$0$0$107,631,351
98$170,677,241$0$0$118,398,434
99$187,762,615$0$0$130,257,104
100$206,580,501$0$0$143,318,492