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%16.4%
1 years$76,303$75,623$74,960$74,313$73,681$71,754
2 years$37,774$37,070$36,388$35,727$35,086$33,158
3 years$24,932$24,226$23,546$22,891$22,260$20,391
4 years$18,513$17,809$17,135$16,492$15,876$14,081
5 years$14,662$13,962$13,298$12,667$12,069$10,352
6 years$12,096$11,401$10,747$10,130$9,550$7,912
7 years$10,264$9,575$8,930$8,328$7,766$6,209
8 years$8,890$8,207$7,574$6,987$6,443$4,965
9 years$7,822$7,146$6,523$5,951$5,426$4,026
10 years$6,968$6,299$5,687$5,130$4,623$3,300
11 years$6,270$5,607$5,007$4,464$3,976$2,727
12 years$5,689$5,033$4,443$3,916$3,446$2,269
13 years$5,198$4,548$3,970$3,457$3,005$1,898
14 years$4,777$4,134$3,567$3,069$2,634$1,594
15 years$4,412$3,777$3,221$2,737$2,319$1,344
16 years$4,094$3,465$2,920$2,451$2,050$1,136
17 years$3,813$3,191$2,657$2,202$1,817$963
18 years$3,564$2,949$2,425$1,984$1,616$818
19 years$3,341$2,733$2,220$1,793$1,440$696
20 years$3,140$2,540$2,038$1,624$1,286$593
21 years$2,959$2,366$1,874$1,474$1,151$506
22 years$2,795$2,208$1,728$1,340$1,032$432
23 years$2,645$2,065$1,595$1,220$926$369
24 years$2,508$1,935$1,475$1,113$833$316
25 years$2,382$1,816$1,366$1,017$749$270
26 years$2,266$1,707$1,267$929$675$231
27 years$2,159$1,606$1,177$851$608$198
28 years$2,059$1,513$1,094$779$549$170
29 years$1,967$1,428$1,018$715$496$146
30 years$1,881$1,348$948$656$448$125
31 years$1,800$1,275$884$602$405$107
32 years$1,725$1,206$825$554$366$92
33 years$1,655$1,142$770$509$332$79
34 years$1,589$1,083$720$468$300$68
35 years$1,526$1,027$673$431$272$58
36 years$1,468$975$629$397$246$50
37 years$1,412$926$589$366$223$43
38 years$1,360$880$552$337$202$37
39 years$1,310$836$517$311$184$32
40 years$1,263$796$484$287$166$27
41 years$1,219$758$454$265$151$23
42 years$1,176$721$426$244$137$20
43 years$1,136$687$400$225$124$17
44 years$1,098$655$375$208$113$15
45 years$1,061$625$352$192$102$13
46 years$1,027$596$331$178$93$11
47 years$993$569$311$164$84$9
48 years$962$543$292$152$77$8
49 years$931$519$275$140$70$7
50 years$902$495$258$130$63$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $924,000, adding $4,172 every year, while hoping to spend $50,480 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: 60/29/11 Blend
34$924,000$924,000$924,000$924,000
35$1,022,551$973,579$959,257$1,080,996
36$1,073,141$967,574$937,682$1,114,756
37$1,127,200$959,583$913,692$1,145,474
38$1,185,027$949,456$887,154$1,177,750
39$1,246,952$937,031$857,926$1,211,735
40$1,313,336$922,142$825,862$1,247,600
41$1,384,577$904,607$790,809$1,285,537
42$1,461,109$884,237$752,605$1,325,756
43$1,543,408$860,832$711,084$1,368,493
44$1,632,001$834,177$666,070$1,414,011
45$1,727,461$804,048$617,380$1,462,600
46$1,830,422$770,206$564,822$1,514,584
47$1,941,577$732,399$508,196$1,570,324
48$2,061,691$690,359$447,294$1,630,219
49$2,191,602$643,805$381,896$1,694,713
50$2,332,231$592,438$311,776$1,764,299
51$2,484,593$535,941$236,695$1,839,525
52$2,649,802$473,983$156,404$1,920,998
53$2,829,083$406,209$70,645$2,009,392
54$3,023,785$332,248$0$2,105,453
55$3,235,389$251,707$0$2,212,462
56$3,465,527$164,169$0$2,337,894
57$3,715,993$69,195$0$2,474,501
58$3,988,762$0$0$2,623,449
59$4,286,005$0$0$2,796,771
60$4,610,115$0$0$3,009,902
61$4,963,723$0$0$3,242,501
62$5,349,725$0$0$3,496,481
63$5,771,309$0$0$3,773,949
64$6,231,987$0$0$4,077,225
65$6,735,622$0$0$4,408,862
66$7,286,468$0$0$4,771,673
67$7,889,211$0$0$5,168,753
68$8,549,009$0$0$5,603,512
69$9,271,542$0$0$6,079,705
70$10,063,065$0$0$6,601,465
71$10,930,467$0$0$7,173,345
72$11,881,335$0$0$7,800,362
73$12,924,024$0$0$8,488,037
74$14,067,737$0$0$9,242,454
75$15,322,610$0$0$10,070,314
76$16,699,810$0$0$10,978,997
77$18,211,634$0$0$11,976,633
78$19,871,631$0$0$13,072,179
79$21,694,723$0$0$14,275,498
80$23,697,350$0$0$15,597,460
81$25,897,623$0$0$17,050,037
82$28,315,492$0$0$18,646,418
83$30,972,939$0$0$20,401,134
84$33,894,176$0$0$22,330,194
85$37,105,883$0$0$24,451,235
86$40,637,450$0$0$26,783,687
87$44,521,261$0$0$29,348,960
88$48,792,992$0$0$32,170,641
89$53,491,953$0$0$35,274,718
90$58,661,453$0$0$38,689,826
91$64,349,211$0$0$42,447,512
92$70,607,806$0$0$46,582,539
93$77,495,170$0$0$51,133,208
94$85,075,133$0$0$56,141,723
95$93,418,030$0$0$61,654,582
96$102,601,357$0$0$67,723,025
97$112,710,506$0$0$74,403,509
98$123,839,568$0$0$81,758,244
99$136,092,221$0$0$89,855,777
100$149,582,707$0$0$98,771,642