Can I retire at age 35 with 924,000?

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 $924,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19%
1 years$76,303$75,623$74,960$74,313$73,681$71,010
2 years$37,774$37,070$36,388$35,727$35,086$32,425
3 years$24,932$24,226$23,546$22,891$22,260$19,692
4 years$18,513$17,809$17,135$16,492$15,876$13,420
5 years$14,662$13,962$13,298$12,667$12,069$9,732
6 years$12,096$11,401$10,747$10,130$9,550$7,334
7 years$10,264$9,575$8,930$8,328$7,766$5,671
8 years$8,890$8,207$7,574$6,987$6,443$4,465
9 years$7,822$7,146$6,523$5,951$5,426$3,564
10 years$6,968$6,299$5,687$5,130$4,623$2,874
11 years$6,270$5,607$5,007$4,464$3,976$2,336
12 years$5,689$5,033$4,443$3,916$3,446$1,910
13 years$5,198$4,548$3,970$3,457$3,005$1,569
14 years$4,777$4,134$3,567$3,069$2,634$1,295
15 years$4,412$3,777$3,221$2,737$2,319$1,072
16 years$4,094$3,465$2,920$2,451$2,050$889
17 years$3,813$3,191$2,657$2,202$1,817$740
18 years$3,564$2,949$2,425$1,984$1,616$616
19 years$3,341$2,733$2,220$1,793$1,440$514
20 years$3,140$2,540$2,038$1,624$1,286$429
21 years$2,959$2,366$1,874$1,474$1,151$359
22 years$2,795$2,208$1,728$1,340$1,032$300
23 years$2,645$2,065$1,595$1,220$926$251
24 years$2,508$1,935$1,475$1,113$833$211
25 years$2,382$1,816$1,366$1,017$749$177
26 years$2,266$1,707$1,267$929$675$148
27 years$2,159$1,606$1,177$851$608$124
28 years$2,059$1,513$1,094$779$549$104
29 years$1,967$1,428$1,018$715$496$88
30 years$1,881$1,348$948$656$448$73
31 years$1,800$1,275$884$602$405$62
32 years$1,725$1,206$825$554$366$52
33 years$1,655$1,142$770$509$332$43
34 years$1,589$1,083$720$468$300$37
35 years$1,526$1,027$673$431$272$31
36 years$1,468$975$629$397$246$26
37 years$1,412$926$589$366$223$22
38 years$1,360$880$552$337$202$18
39 years$1,310$836$517$311$184$15
40 years$1,263$796$484$287$166$13
41 years$1,219$758$454$265$151$11
42 years$1,176$721$426$244$137$9
43 years$1,136$687$400$225$124$8
44 years$1,098$655$375$208$113$6
45 years$1,061$625$352$192$102$5
46 years$1,027$596$331$178$93$5
47 years$993$569$311$164$84$4
48 years$962$543$292$152$77$3
49 years$931$519$275$140$70$3
50 years$902$495$258$130$63$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $924,000, adding $5,865 every year, while hoping to spend $37,766 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: 38/38/24 Blend
34$924,000$924,000$924,000$924,000
35$1,024,298$975,326$961,004$1,055,691
36$1,088,593$982,934$953,015$1,086,691
37$1,158,181$989,649$943,492$1,116,229
38$1,233,562$995,388$932,345$1,147,404
39$1,315,284$1,000,061$919,478$1,180,385
40$1,403,953$1,003,574$904,790$1,215,364
41$1,500,233$1,005,826$888,178$1,252,553
42$1,604,856$1,006,711$869,531$1,292,189
43$1,718,626$1,006,114$848,734$1,334,535
44$1,842,427$1,003,915$825,668$1,379,883
45$1,977,234$999,986$800,208$1,428,560
46$2,124,118$994,192$772,221$1,480,927
47$2,284,259$986,387$741,570$1,537,386
48$2,458,953$976,420$708,113$1,598,386
49$2,649,629$964,128$671,698$1,664,422
50$2,857,861$949,339$632,169$1,736,044
51$3,085,377$931,872$589,361$1,813,866
52$3,334,085$911,533$543,105$1,898,566
53$3,606,083$888,119$493,219$1,990,897
54$3,903,679$861,413$439,518$2,091,693
55$4,229,418$831,186$381,806$2,201,880
56$4,586,101$797,196$319,878$2,322,485
57$4,976,812$759,187$253,523$2,454,643
58$5,404,947$716,888$182,517$2,599,614
59$5,874,249$670,012$106,628$2,758,793
60$6,388,836$618,256$25,613$2,933,725
61$6,953,246$561,300$0$3,126,119
62$7,572,478$498,804$0$3,353,448
63$8,252,036$430,411$0$3,610,240
64$8,997,985$355,743$0$3,892,315
65$9,817,004$274,399$0$4,202,311
66$10,716,452$185,958$0$4,543,142
67$11,704,435$89,974$0$4,918,022
68$12,789,881$0$0$5,330,503
69$13,982,627$0$0$5,790,370
70$15,293,512$0$0$6,337,269
71$16,734,473$0$0$6,938,574
72$18,318,664$0$0$7,599,791
73$20,060,578$0$0$8,326,988
74$21,976,179$0$0$9,126,847
75$24,083,057$0$0$10,006,733
76$26,400,595$0$0$10,974,759
77$28,950,146$0$0$12,039,865
78$31,755,236$0$0$13,211,901
79$34,841,788$0$0$14,501,719
80$38,238,366$0$0$15,921,278
81$41,976,441$0$0$17,483,755
82$46,090,688$0$0$19,203,667
83$50,619,318$0$0$21,097,011
84$55,604,430$0$0$23,181,416
85$61,092,414$0$0$25,476,305
86$67,134,388$0$0$28,003,079
87$73,786,675$0$0$30,785,322
88$81,111,339$0$0$33,849,020
89$89,176,770$0$0$37,222,809
90$98,058,325$0$0$40,938,242
91$107,839,042$0$0$45,030,089
92$118,610,424$0$0$49,536,662
93$130,473,298$0$0$54,500,181
94$143,538,771$0$0$59,967,169
95$157,929,274$0$0$65,988,890
96$173,779,719$0$0$72,621,837
97$191,238,772$0$0$79,928,260
98$210,470,254$0$0$87,976,756
99$231,654,688$0$0$96,842,917
100$254,991,004$0$0$106,610,042