Can I retire at age 35 with 923,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $923,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13%
1 years$76,220$75,542$74,879$74,233$73,601$72,682
2 years$37,733$37,030$36,349$35,689$35,048$34,123
3 years$24,905$24,200$23,520$22,866$22,236$21,334
4 years$18,493$17,789$17,117$16,474$15,859$14,987
5 years$14,646$13,947$13,283$12,653$12,056$11,216
6 years$12,083$11,389$10,735$10,119$9,539$8,733
7 years$10,253$9,564$8,921$8,319$7,758$6,985
8 years$8,880$8,198$7,565$6,979$6,436$5,697
9 years$7,814$7,138$6,516$5,945$5,420$4,715
10 years$6,961$6,292$5,681$5,124$4,618$3,946
11 years$6,264$5,601$5,001$4,460$3,972$3,332
12 years$5,683$5,027$4,439$3,912$3,442$2,834
13 years$5,192$4,543$3,966$3,453$3,001$2,424
14 years$4,772$4,130$3,563$3,066$2,631$2,084
15 years$4,407$3,773$3,217$2,734$2,317$1,798
16 years$4,089$3,461$2,917$2,448$2,047$1,557
17 years$3,809$3,188$2,654$2,199$1,815$1,352
18 years$3,560$2,946$2,423$1,982$1,614$1,178
19 years$3,337$2,730$2,218$1,791$1,439$1,027
20 years$3,137$2,537$2,036$1,622$1,285$898
21 years$2,956$2,363$1,872$1,472$1,150$786
22 years$2,792$2,206$1,726$1,339$1,031$689
23 years$2,642$2,063$1,593$1,219$925$605
24 years$2,505$1,933$1,474$1,112$832$531
25 years$2,380$1,814$1,365$1,015$748$467
26 years$2,264$1,705$1,266$928$674$411
27 years$2,157$1,604$1,175$850$608$362
28 years$2,057$1,512$1,093$779$548$319
29 years$1,965$1,426$1,017$714$495$281
30 years$1,879$1,347$947$655$447$248
31 years$1,799$1,273$883$602$405$219
32 years$1,723$1,205$824$553$366$193
33 years$1,653$1,141$769$509$331$170
34 years$1,587$1,081$719$468$300$151
35 years$1,525$1,026$672$431$272$133
36 years$1,466$973$629$397$246$117
37 years$1,411$925$588$366$223$104
38 years$1,358$879$551$337$202$92
39 years$1,309$836$516$311$183$81
40 years$1,262$795$484$287$166$72
41 years$1,217$757$454$264$151$63
42 years$1,175$721$426$244$137$56
43 years$1,135$687$399$225$124$50
44 years$1,097$655$375$208$113$44
45 years$1,060$624$352$192$102$39
46 years$1,025$595$331$177$93$34
47 years$992$568$311$164$84$30
48 years$961$542$292$151$77$27
49 years$930$518$274$140$70$24
50 years$901$495$258$129$63$21

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $923,000, adding $4,230 every year, while hoping to spend $52,094 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: 62/12/26 Blend
34$923,000$923,000$923,000$923,000
35$1,021,509$972,590$958,284$1,077,526
36$1,070,276$964,820$934,959$1,108,253
37$1,122,270$954,922$909,106$1,135,721
38$1,177,767$942,739$880,587$1,164,582
39$1,237,067$928,101$849,254$1,194,981
40$1,300,499$910,829$814,956$1,227,079
41$1,368,425$890,735$777,532$1,261,057
42$1,441,241$867,617$736,815$1,297,115
43$1,519,381$841,263$692,631$1,335,477
44$1,603,321$811,449$644,798$1,376,391
45$1,693,586$777,936$593,125$1,420,134
46$1,790,750$740,473$537,413$1,467,013
47$1,895,443$698,793$477,453$1,517,371
48$2,008,360$652,615$413,029$1,571,587
49$2,130,261$601,642$343,914$1,630,083
50$2,261,982$545,557$269,870$1,693,328
51$2,404,444$484,029$190,651$1,761,841
52$2,558,657$416,706$105,997$1,836,200
53$2,725,732$343,217$15,640$1,917,045
54$2,906,891$263,168$0$2,005,085
55$3,103,476$176,146$0$2,123,520
56$3,316,966$81,712$0$2,256,897
57$3,548,985$0$0$2,401,923
58$3,801,321$0$0$2,562,479
59$4,075,941$0$0$2,749,016
60$4,375,010$0$0$2,952,223
61$4,700,908$0$0$3,173,725
62$5,056,256$0$0$3,415,313
63$5,443,940$0$0$3,678,955
64$5,867,133$0$0$3,966,820
65$6,329,331$0$0$4,281,294
66$6,834,382$0$0$4,625,006
67$7,386,521$0$0$5,000,847
68$7,990,412$0$0$5,412,002
69$8,651,189$0$0$5,861,980
70$9,374,507$0$0$6,354,640
71$10,166,591$0$0$6,894,236
72$11,034,298$0$0$7,485,451
73$11,985,179$0$0$8,133,442
74$13,027,549$0$0$8,843,889
75$14,170,568$0$0$9,623,047
76$15,424,321$0$0$10,477,808
77$16,799,921$0$0$11,415,761
78$18,309,605$0$0$12,445,265
79$19,966,854$0$0$13,575,529
80$21,786,517$0$0$14,816,697
81$23,784,951$0$0$16,179,942
82$25,980,176$0$0$17,677,575
83$28,392,043$0$0$19,323,155
84$31,042,420$0$0$21,131,623
85$33,955,398$0$0$23,119,435
86$37,157,519$0$0$25,304,725
87$40,678,025$0$0$27,707,468
88$44,549,132$0$0$30,349,673
89$48,806,332$0$0$33,255,588
90$53,488,733$0$0$36,451,930
91$58,639,419$0$0$39,968,133
92$64,305,863$0$0$43,836,629
93$70,540,368$0$0$48,093,151
94$77,400,565$0$0$52,777,073
95$84,949,952$0$0$57,931,774
96$93,258,495$0$0$63,605,056
97$102,403,283$0$0$69,849,585
98$112,469,262$0$0$76,723,397
99$123,550,026$0$0$84,290,435
100$135,748,709$0$0$92,621,161