Can I retire at age 35 with 920,000?

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 $920,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17%
1 years$75,973$75,296$74,636$73,991$73,362$71,271
2 years$37,610$36,910$36,231$35,573$34,934$32,844
3 years$24,824$24,121$23,444$22,792$22,164$20,139
4 years$18,433$17,731$17,061$16,420$15,807$13,865
5 years$14,599$13,902$13,240$12,612$12,017$10,161
6 years$12,044$11,352$10,700$10,086$9,508$7,741
7 years$10,219$9,533$8,892$8,292$7,733$6,054
8 years$8,852$8,172$7,541$6,956$6,415$4,824
9 years$7,788$7,115$6,495$5,925$5,402$3,898
10 years$6,938$6,271$5,662$5,108$4,603$3,183
11 years$6,243$5,583$4,985$4,445$3,959$2,620
12 years$5,664$5,011$4,424$3,899$3,431$2,171
13 years$5,175$4,529$3,953$3,442$2,992$1,809
14 years$4,756$4,116$3,552$3,056$2,622$1,513
15 years$4,393$3,760$3,207$2,725$2,309$1,270
16 years$4,076$3,450$2,907$2,440$2,041$1,069
17 years$3,796$3,177$2,645$2,192$1,809$902
18 years$3,548$2,936$2,415$1,976$1,609$763
19 years$3,326$2,721$2,211$1,785$1,434$646
20 years$3,127$2,529$2,029$1,617$1,281$548
21 years$2,947$2,355$1,866$1,467$1,146$465
22 years$2,783$2,199$1,720$1,334$1,027$396
23 years$2,634$2,056$1,588$1,215$922$336
24 years$2,497$1,927$1,469$1,108$829$286
25 years$2,372$1,808$1,360$1,012$746$244
26 years$2,256$1,699$1,262$925$672$208
27 years$2,150$1,599$1,172$847$606$177
28 years$2,050$1,507$1,089$776$547$151
29 years$1,958$1,422$1,014$712$494$129
30 years$1,873$1,343$944$653$446$110
31 years$1,793$1,269$880$600$403$94
32 years$1,718$1,201$821$551$365$80
33 years$1,648$1,137$767$507$330$68
34 years$1,582$1,078$716$466$299$58
35 years$1,520$1,022$670$429$271$50
36 years$1,461$970$627$395$245$43
37 years$1,406$922$586$364$222$36
38 years$1,354$876$549$336$202$31
39 years$1,305$833$515$310$183$27
40 years$1,258$792$482$286$166$23
41 years$1,213$754$452$264$150$19
42 years$1,171$718$424$243$136$17
43 years$1,131$684$398$224$124$14
44 years$1,093$652$374$207$112$12
45 years$1,057$622$351$191$102$10
46 years$1,022$593$330$177$93$9
47 years$989$566$310$163$84$8
48 years$957$541$291$151$76$6
49 years$927$516$273$140$69$6
50 years$898$493$257$129$63$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $920,000, adding $3,630 every year, while hoping to spend $48,254 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: 74/15/11 Blend
34$920,000$920,000$920,000$920,000
35$1,017,584$968,824$954,564$1,090,460
36$1,070,036$964,955$935,200$1,135,189
37$1,126,221$959,278$913,570$1,177,794
38$1,186,468$951,656$889,548$1,223,138
39$1,251,139$941,939$862,999$1,271,478
40$1,320,632$929,971$833,787$1,323,098
41$1,395,383$915,585$801,765$1,378,310
42$1,475,870$898,606$766,781$1,437,460
43$1,562,618$878,848$728,678$1,500,929
44$1,656,205$856,111$687,289$1,569,138
45$1,757,265$830,188$642,440$1,642,552
46$1,866,495$800,857$593,951$1,721,685
47$1,984,662$767,882$541,633$1,807,102
48$2,112,607$731,018$485,287$1,899,428
49$2,251,255$690,001$424,706$1,999,355
50$2,401,626$644,553$359,676$2,107,645
51$2,564,837$594,382$289,971$2,225,138
52$2,742,121$539,177$215,356$2,352,763
53$2,934,831$478,611$135,584$2,491,545
54$3,144,458$412,337$50,401$2,642,617
55$3,372,641$339,989$0$2,807,225
56$3,621,182$261,181$0$2,991,505
57$3,892,068$175,504$0$3,198,844
58$4,187,482$82,527$0$3,425,034
59$4,509,829$0$0$3,671,964
60$4,861,754$0$0$3,944,721
61$5,246,172$0$0$4,257,578
62$5,666,288$0$0$4,599,526
63$6,125,634$0$0$4,973,445
64$6,628,097$0$0$5,382,504
65$7,177,957$0$0$5,830,193
66$7,779,928$0$0$6,320,354
67$8,439,198$0$0$6,857,219
68$9,161,484$0$0$7,445,449
69$9,953,081$0$0$8,090,175
70$10,820,919$0$0$8,797,049
71$11,772,635$0$0$9,572,298
72$12,816,637$0$0$10,422,777
73$13,962,188$0$0$11,356,040
74$15,219,491$0$0$12,380,405
75$16,599,782$0$0$13,505,035
76$18,115,443$0$0$14,740,026
77$19,780,108$0$0$16,096,496
78$21,608,802$0$0$17,586,694
79$23,618,073$0$0$19,224,117
80$25,826,153$0$0$21,023,629
81$28,253,126$0$0$23,001,609
82$30,921,121$0$0$25,176,101
83$33,854,516$0$0$27,566,983
84$37,080,170$0$0$30,196,157
85$40,627,673$0$0$33,087,753
86$44,529,630$0$0$36,268,357
87$48,821,962$0$0$39,767,260
88$53,544,246$0$0$43,616,737
89$58,740,089$0$0$47,852,347
90$64,457,541$0$0$52,513,270
91$70,749,540$0$0$57,642,677
92$77,674,419$0$0$63,288,134
93$85,296,451$0$0$69,502,054
94$93,686,457$0$0$76,342,188
95$102,922,471$0$0$83,872,169
96$113,090,478$0$0$92,162,116
97$124,285,224$0$0$101,289,289
98$136,611,109$0$0$111,338,822
99$150,183,171$0$0$122,404,526
100$165,128,172$0$0$134,589,770