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%12%
1 years$76,220$75,542$74,879$74,233$73,601$72,985
2 years$37,733$37,030$36,349$35,689$35,048$34,427
3 years$24,905$24,200$23,520$22,866$22,236$21,629
4 years$18,493$17,789$17,117$16,474$15,859$15,271
5 years$14,646$13,947$13,283$12,653$12,056$11,488
6 years$12,083$11,389$10,735$10,119$9,539$8,994
7 years$10,253$9,564$8,921$8,319$7,758$7,234
8 years$8,880$8,198$7,565$6,979$6,436$5,934
9 years$7,814$7,138$6,516$5,945$5,420$4,940
10 years$6,961$6,292$5,681$5,124$4,618$4,159
11 years$6,264$5,601$5,001$4,460$3,972$3,534
12 years$5,683$5,027$4,439$3,912$3,442$3,024
13 years$5,192$4,543$3,966$3,453$3,001$2,604
14 years$4,772$4,130$3,563$3,066$2,631$2,253
15 years$4,407$3,773$3,217$2,734$2,317$1,958
16 years$4,089$3,461$2,917$2,448$2,047$1,707
17 years$3,809$3,188$2,654$2,199$1,815$1,493
18 years$3,560$2,946$2,423$1,982$1,614$1,309
19 years$3,337$2,730$2,218$1,791$1,439$1,150
20 years$3,137$2,537$2,036$1,622$1,285$1,013
21 years$2,956$2,363$1,872$1,472$1,150$893
22 years$2,792$2,206$1,726$1,339$1,031$789
23 years$2,642$2,063$1,593$1,219$925$698
24 years$2,505$1,933$1,474$1,112$832$618
25 years$2,380$1,814$1,365$1,015$748$547
26 years$2,264$1,705$1,266$928$674$485
27 years$2,157$1,604$1,175$850$608$431
28 years$2,057$1,512$1,093$779$548$383
29 years$1,965$1,426$1,017$714$495$340
30 years$1,879$1,347$947$655$447$302
31 years$1,799$1,273$883$602$405$269
32 years$1,723$1,205$824$553$366$239
33 years$1,653$1,141$769$509$331$213
34 years$1,587$1,081$719$468$300$190
35 years$1,525$1,026$672$431$272$169
36 years$1,466$973$629$397$246$151
37 years$1,411$925$588$366$223$134
38 years$1,358$879$551$337$202$120
39 years$1,309$836$516$311$183$107
40 years$1,262$795$484$287$166$95
41 years$1,217$757$454$264$151$85
42 years$1,175$721$426$244$137$76
43 years$1,135$687$399$225$124$68
44 years$1,097$655$375$208$113$60
45 years$1,060$624$352$192$102$54
46 years$1,025$595$331$177$93$48
47 years$992$568$311$164$84$43
48 years$961$542$292$151$77$38
49 years$930$518$274$140$70$34
50 years$901$495$258$129$63$30

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $923,000, adding $5,536 every year, while hoping to spend $26,328 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: 71/20/9 Blend
34$923,000$923,000$923,000$923,000
35$1,022,856$973,937$959,631$1,093,409
36$1,099,175$993,648$963,766$1,160,516
37$1,182,396$1,013,441$967,157$1,230,173
38$1,273,195$1,033,294$969,751$1,305,700
39$1,372,316$1,053,181$971,493$1,387,669
40$1,480,580$1,073,075$972,326$1,476,710
41$1,598,887$1,092,944$972,187$1,573,517
42$1,728,232$1,112,756$971,013$1,678,854
43$1,869,706$1,132,476$968,737$1,793,563
44$2,024,515$1,152,066$965,289$1,918,571
45$2,193,983$1,171,485$960,594$2,054,900
46$2,379,571$1,190,689$954,575$2,203,676
47$2,582,885$1,209,631$947,151$2,366,139
48$2,805,696$1,228,260$938,238$2,543,656
49$3,049,954$1,246,521$927,745$2,737,733
50$3,317,805$1,264,356$915,581$2,950,028
51$3,611,615$1,281,704$901,646$3,182,370
52$3,933,989$1,298,496$885,840$3,436,774
53$4,287,795$1,314,662$868,055$3,715,460
54$4,676,195$1,330,125$848,180$4,020,874
55$5,102,669$1,344,803$826,096$4,355,713
56$5,571,053$1,358,610$801,682$4,722,947
57$6,085,571$1,371,453$774,809$5,125,851
58$6,650,877$1,383,232$745,343$5,568,033
59$7,272,099$1,393,843$713,145$6,053,470
60$7,954,885$1,403,173$678,067$6,586,544
61$8,705,458$1,411,103$639,957$7,172,084
62$9,530,673$1,417,505$598,653$7,815,413
63$10,438,083$1,422,245$553,990$8,522,398
64$11,436,011$1,425,178$505,792$9,299,503
65$12,533,625$1,426,152$453,877$10,153,852
66$13,741,026$1,425,005$398,053$11,093,299
67$15,069,345$1,421,565$338,122$12,126,496
68$16,530,844$1,415,647$273,875$13,262,982
69$18,139,035$1,407,060$205,095$14,513,267
70$19,908,807$1,395,595$131,556$15,888,935
71$21,856,562$1,381,037$53,020$17,402,754
72$24,000,376$1,363,152$0$19,068,795
73$26,360,164$1,341,696$0$20,905,520
74$28,957,870$1,316,408$0$22,932,691
75$31,817,675$1,287,014$0$25,164,070
76$34,966,222$1,253,222$0$27,620,444
77$38,432,870$1,214,723$0$30,324,717
78$42,249,968$1,171,191$0$33,302,134
79$46,453,165$1,122,279$0$36,580,513
80$51,081,740$1,067,622$0$40,190,509
81$56,178,975$1,006,833$0$44,165,907
82$61,792,565$939,503$0$48,543,939
83$67,975,066$865,199$0$53,365,634
84$74,784,392$783,463$0$58,676,209
85$82,284,360$693,811$0$64,525,494
86$90,545,290$595,734$0$70,968,403
87$99,644,675$488,690$0$78,065,454
88$109,667,906$372,110$0$85,883,339
89$120,709,080$245,391$0$94,495,554
90$132,871,888$107,897$0$103,983,096
91$146,270,592$0$0$114,435,226
92$161,031,106$0$0$125,959,344
93$177,292,181$0$0$138,681,244
94$195,206,717$0$0$152,696,810
95$214,943,203$0$0$168,137,872
96$236,687,311$0$0$185,149,700
97$260,643,645$0$0$203,892,381
98$287,037,673$0$0$224,542,323
99$316,117,856$0$0$247,293,926
100$348,157,992$0$0$272,361,415