Can I retire at age 35 with 923,000?

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 $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%11.6%
1 years$76,220$75,542$74,879$74,233$73,601$73,107
2 years$37,733$37,030$36,349$35,689$35,048$34,550
3 years$24,905$24,200$23,520$22,866$22,236$21,749
4 years$18,493$17,789$17,117$16,474$15,859$15,386
5 years$14,646$13,947$13,283$12,653$12,056$11,600
6 years$12,083$11,389$10,735$10,119$9,539$9,100
7 years$10,253$9,564$8,921$8,319$7,758$7,336
8 years$8,880$8,198$7,565$6,979$6,436$6,031
9 years$7,814$7,138$6,516$5,945$5,420$5,032
10 years$6,961$6,292$5,681$5,124$4,618$4,247
11 years$6,264$5,601$5,001$4,460$3,972$3,617
12 years$5,683$5,027$4,439$3,912$3,442$3,104
13 years$5,192$4,543$3,966$3,453$3,001$2,679
14 years$4,772$4,130$3,563$3,066$2,631$2,324
15 years$4,407$3,773$3,217$2,734$2,317$2,025
16 years$4,089$3,461$2,917$2,448$2,047$1,771
17 years$3,809$3,188$2,654$2,199$1,815$1,553
18 years$3,560$2,946$2,423$1,982$1,614$1,366
19 years$3,337$2,730$2,218$1,791$1,439$1,203
20 years$3,137$2,537$2,036$1,622$1,285$1,063
21 years$2,956$2,363$1,872$1,472$1,150$940
22 years$2,792$2,206$1,726$1,339$1,031$833
23 years$2,642$2,063$1,593$1,219$925$739
24 years$2,505$1,933$1,474$1,112$832$656
25 years$2,380$1,814$1,365$1,015$748$583
26 years$2,264$1,705$1,266$928$674$519
27 years$2,157$1,604$1,175$850$608$462
28 years$2,057$1,512$1,093$779$548$412
29 years$1,965$1,426$1,017$714$495$367
30 years$1,879$1,347$947$655$447$327
31 years$1,799$1,273$883$602$405$292
32 years$1,723$1,205$824$553$366$261
33 years$1,653$1,141$769$509$331$233
34 years$1,587$1,081$719$468$300$208
35 years$1,525$1,026$672$431$272$186
36 years$1,466$973$629$397$246$166
37 years$1,411$925$588$366$223$149
38 years$1,358$879$551$337$202$133
39 years$1,309$836$516$311$183$119
40 years$1,262$795$484$287$166$106
41 years$1,217$757$454$264$151$95
42 years$1,175$721$426$244$137$85
43 years$1,135$687$399$225$124$76
44 years$1,097$655$375$208$113$68
45 years$1,060$624$352$192$102$61
46 years$1,025$595$331$177$93$55
47 years$992$568$311$164$84$49
48 years$961$542$292$151$77$44
49 years$930$518$274$140$70$39
50 years$901$495$258$129$63$35

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $923,000, adding $3,004 every year, while hoping to spend $25,083 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: 35/44/21 Blend
34$923,000$923,000$923,000$923,000
35$1,020,245$971,326$957,019$1,049,341
36$1,097,621$992,232$962,391$1,091,916
37$1,182,050$1,013,323$967,102$1,135,291
38$1,274,223$1,034,580$971,104$1,181,578
39$1,374,904$1,055,984$974,346$1,231,051
40$1,484,931$1,077,514$976,774$1,284,012
41$1,605,229$1,099,147$978,331$1,340,795
42$1,736,816$1,120,859$978,958$1,401,769
43$1,880,812$1,142,622$978,594$1,467,339
44$2,038,451$1,164,407$977,174$1,537,954
45$2,211,092$1,186,182$974,628$1,614,109
46$2,400,231$1,207,913$970,886$1,696,349
47$2,607,516$1,229,562$965,872$1,785,277
48$2,834,761$1,251,089$959,507$1,881,556
49$3,083,966$1,272,451$951,710$1,985,921
50$3,357,331$1,293,602$942,393$2,099,179
51$3,657,282$1,314,492$931,466$2,222,224
52$3,986,490$1,335,067$918,835$2,356,040
53$4,347,895$1,355,269$904,399$2,501,715
54$4,744,740$1,375,036$888,056$2,660,446
55$5,180,594$1,394,303$869,696$2,833,558
56$5,659,389$1,412,999$849,206$3,022,508
57$6,185,458$1,431,048$826,466$3,228,909
58$6,763,574$1,448,368$801,352$3,454,536
59$7,398,995$1,464,874$773,733$3,701,348
60$8,097,513$1,480,473$743,473$3,971,510
61$8,865,510$1,495,067$710,430$4,267,404
62$9,710,017$1,508,550$674,455$4,591,663
63$10,638,781$1,520,812$635,391$4,947,190
64$11,660,337$1,531,732$593,077$5,337,185
65$12,784,088$1,541,183$547,342$5,765,181
66$14,020,395$1,549,031$498,008$6,235,073
67$15,380,674$1,555,132$444,890$6,751,157
68$16,877,502$1,559,334$387,794$7,318,173
69$18,524,739$1,561,473$326,516$7,941,346
70$20,337,655$1,561,377$260,847$8,626,441
71$22,333,075$1,558,864$190,565$9,379,816
72$24,529,539$1,553,739$115,439$10,208,482
73$26,947,474$1,545,794$35,229$11,120,169
74$29,609,391$1,534,812$0$12,123,406
75$32,540,091$1,520,561$0$13,238,879
76$35,766,904$1,502,792$0$14,474,830
77$39,319,946$1,481,247$0$15,834,849
78$43,232,400$1,455,647$0$17,331,609
79$47,540,832$1,425,701$0$18,979,077
80$52,285,533$1,391,097$0$20,792,649
81$57,510,904$1,351,506$0$22,789,298
82$63,265,867$1,306,582$0$24,987,734
83$69,604,337$1,255,955$0$27,408,580
84$76,585,718$1,199,236$0$30,074,568
85$84,275,475$1,136,012$0$33,010,756
86$92,745,745$1,065,848$0$36,244,768
87$102,076,019$988,283$0$39,807,048
88$112,353,892$902,828$0$43,731,156
89$123,675,891$808,968$0$48,054,085
90$136,148,384$706,160$0$52,816,609
91$149,888,584$593,826$0$58,063,670
92$165,025,656$471,360$0$63,844,807
93$181,701,935$338,119$0$70,214,619
94$200,074,269$193,424$0$77,233,291
95$220,315,503$36,560$0$84,967,157
96$242,616,102$0$0$93,489,329
97$267,185,957$0$0$102,944,901
98$294,256,363$0$0$113,382,531
99$324,082,199$0$0$124,882,824
100$356,944,339$0$0$137,554,107