Can I retire at age 35 with 922,000?

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 $922,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.2%
1 years$76,138$75,460$74,798$74,152$73,522$71,368
2 years$37,692$36,990$36,310$35,650$35,010$32,858
3 years$24,878$24,173$23,495$22,841$22,212$20,129
4 years$18,473$17,770$17,098$16,456$15,842$13,843
5 years$14,631$13,932$13,269$12,640$12,043$10,134
6 years$12,070$11,376$10,723$10,108$9,529$7,713
7 years$10,241$9,554$8,911$8,310$7,750$6,025
8 years$8,871$8,189$7,557$6,971$6,429$4,796
9 years$7,805$7,130$6,509$5,938$5,414$3,870
10 years$6,953$6,285$5,675$5,119$4,613$3,156
11 years$6,257$5,595$4,996$4,455$3,967$2,595
12 years$5,677$5,022$4,434$3,907$3,438$2,147
13 years$5,186$4,538$3,961$3,450$2,998$1,786
14 years$4,766$4,125$3,559$3,062$2,628$1,492
15 years$4,403$3,769$3,214$2,731$2,314$1,251
16 years$4,085$3,458$2,914$2,445$2,045$1,052
17 years$3,805$3,184$2,651$2,197$1,813$886
18 years$3,556$2,942$2,420$1,980$1,612$748
19 years$3,333$2,727$2,216$1,789$1,437$633
20 years$3,134$2,534$2,033$1,620$1,284$536
21 years$2,953$2,360$1,870$1,471$1,149$454
22 years$2,789$2,203$1,724$1,337$1,030$386
23 years$2,640$2,061$1,592$1,218$924$327
24 years$2,503$1,931$1,472$1,111$831$278
25 years$2,377$1,812$1,363$1,014$748$237
26 years$2,261$1,703$1,264$927$673$201
27 years$2,154$1,603$1,174$849$607$171
28 years$2,055$1,510$1,091$778$548$146
29 years$1,963$1,425$1,016$713$495$124
30 years$1,877$1,345$946$655$447$106
31 years$1,797$1,272$882$601$404$90
32 years$1,722$1,203$823$552$366$77
33 years$1,651$1,140$768$508$331$66
34 years$1,585$1,080$718$467$300$56
35 years$1,523$1,025$671$430$271$48
36 years$1,464$972$628$396$246$41
37 years$1,409$924$588$365$223$35
38 years$1,357$878$550$337$202$30
39 years$1,307$835$516$310$183$25
40 years$1,261$794$483$286$166$22
41 years$1,216$756$453$264$151$18
42 years$1,174$720$425$244$137$16
43 years$1,134$686$399$225$124$13
44 years$1,095$654$374$208$113$11
45 years$1,059$623$352$192$102$10
46 years$1,024$595$330$177$93$8
47 years$991$568$310$164$84$7
48 years$959$542$292$151$77$6
49 years$929$517$274$140$70$5
50 years$900$494$258$129$63$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $922,000, adding $5,510 every year, while hoping to spend $47,693 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: 35/36/29 Blend
34$922,000$922,000$922,000$922,000
35$1,021,728$972,862$958,571$1,048,411
36$1,075,199$969,787$939,938$1,065,848
37$1,132,526$964,963$919,082$1,079,987
38$1,194,051$958,254$895,879$1,094,333
39$1,260,151$949,515$870,198$1,108,938
40$1,331,239$938,594$841,902$1,123,863
41$1,407,769$925,328$810,849$1,139,177
42$1,490,238$909,546$776,889$1,154,965
43$1,579,193$891,065$739,866$1,171,321
44$1,675,236$869,692$699,616$1,188,355
45$1,779,026$845,223$655,970$1,206,194
46$1,891,290$817,442$608,748$1,224,984
47$2,012,825$786,121$557,765$1,244,888
48$2,144,508$751,016$502,825$1,266,097
49$2,287,304$711,872$443,726$1,288,825
50$2,442,273$668,417$380,255$1,313,313
51$2,610,581$620,366$312,189$1,339,839
52$2,793,512$567,415$239,299$1,368,713
53$2,992,475$509,243$161,341$1,400,286
54$3,209,025$445,514$78,063$1,434,953
55$3,444,869$375,867$0$1,473,160
56$3,701,888$299,927$0$1,518,752
57$3,982,150$217,294$0$1,594,940
58$4,287,934$127,545$0$1,678,262
59$4,621,745$30,236$0$1,769,517
60$4,986,342$0$0$1,869,590
61$5,384,764$0$0$2,009,216
62$5,820,353$0$0$2,175,091
63$6,296,793$0$0$2,356,655
64$6,818,137$0$0$2,555,468
65$7,388,848$0$0$2,773,252
66$8,013,843$0$0$3,011,898
67$8,698,534$0$0$3,273,494
68$9,448,882$0$0$3,560,335
69$10,271,455$0$0$3,874,952
70$11,173,481$0$0$4,220,131
71$12,162,925$0$0$4,598,941
72$13,248,560$0$0$5,014,763
73$14,440,048$0$0$5,471,321
74$15,748,031$0$0$5,972,717
75$17,184,235$0$0$6,523,470
76$18,761,573$0$0$7,128,558
77$20,494,273$0$0$7,793,465
78$22,398,007$0$0$8,524,233
79$24,490,042$0$0$9,327,519
80$26,789,399$0$0$10,210,654
81$29,317,034$0$0$11,181,720
82$32,096,033$0$0$12,249,615
83$35,151,833$0$0$13,424,148
84$38,512,458$0$0$14,716,122
85$42,208,784$0$0$16,137,444
86$46,274,828$0$0$17,701,229
87$50,748,073$0$0$19,421,930
88$55,669,814$0$0$21,315,470
89$61,085,555$0$0$23,399,395
90$67,045,430$0$0$25,693,038
91$73,604,680$0$0$28,217,700
92$80,824,173$0$0$30,996,852
93$88,770,977$0$0$34,056,358
94$97,518,991$0$0$37,424,714
95$107,149,643$0$0$41,133,324
96$117,752,659$0$0$45,216,787
97$129,426,906$0$0$49,713,231
98$142,281,326$0$0$54,664,669
99$156,435,962$0$0$60,117,395
100$172,023,093$0$0$66,122,422