Can I retire at age 35 with 928,000?

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 $928,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.2%
1 years$76,633$75,951$75,285$74,635$74,000$73,319
2 years$37,937$37,231$36,546$35,882$35,238$34,552
3 years$25,040$24,331$23,648$22,990$22,357$21,686
4 years$18,593$17,886$17,209$16,563$15,945$15,296
5 years$14,726$14,023$13,355$12,722$12,121$11,495
6 years$12,148$11,450$10,793$10,174$9,591$8,989
7 years$10,308$9,616$8,969$8,364$7,800$7,223
8 years$8,929$8,243$7,606$7,017$6,471$5,918
9 years$7,856$7,177$6,551$5,977$5,449$4,920
10 years$6,999$6,326$5,712$5,152$4,643$4,138
11 years$6,298$5,632$5,028$4,484$3,993$3,511
12 years$5,714$5,055$4,463$3,933$3,460$3,001
13 years$5,220$4,568$3,987$3,472$3,018$2,581
14 years$4,797$4,152$3,582$3,082$2,645$2,230
15 years$4,431$3,793$3,234$2,749$2,329$1,935
16 years$4,111$3,480$2,933$2,461$2,058$1,685
17 years$3,829$3,205$2,668$2,211$1,825$1,472
18 years$3,579$2,962$2,436$1,993$1,623$1,289
19 years$3,355$2,745$2,230$1,801$1,446$1,131
20 years$3,154$2,551$2,047$1,631$1,292$994
21 years$2,972$2,376$1,882$1,480$1,156$876
22 years$2,807$2,218$1,735$1,346$1,036$772
23 years$2,657$2,074$1,602$1,226$930$682
24 years$2,519$1,943$1,482$1,118$836$603
25 years$2,393$1,824$1,372$1,021$752$533
26 years$2,276$1,714$1,273$933$678$472
27 years$2,168$1,613$1,182$854$611$418
28 years$2,068$1,520$1,099$783$551$371
29 years$1,975$1,434$1,022$718$498$329
30 years$1,889$1,354$952$659$450$292
31 years$1,808$1,280$888$605$407$260
32 years$1,733$1,211$828$556$368$231
33 years$1,662$1,147$773$511$333$205
34 years$1,595$1,087$723$471$301$182
35 years$1,533$1,031$676$433$273$162
36 years$1,474$979$632$399$247$144
37 years$1,418$930$592$368$224$128
38 years$1,366$883$554$339$203$114
39 years$1,316$840$519$312$184$102
40 years$1,269$799$486$288$167$90
41 years$1,224$761$456$266$152$80
42 years$1,181$725$428$245$138$72
43 years$1,141$690$402$226$125$64
44 years$1,103$658$377$209$113$57
45 years$1,066$628$354$193$103$51
46 years$1,031$599$332$178$93$45
47 years$998$571$312$165$85$40
48 years$966$545$293$152$77$36
49 years$935$521$276$141$70$32
50 years$906$497$259$130$64$28

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $928,000, adding $5,563 every year, while hoping to spend $39,348 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: 71/6/23 Blend
34$928,000$928,000$928,000$928,000
35$1,028,394$979,210$964,826$1,095,135
36$1,091,424$985,326$955,282$1,146,522
37$1,159,565$990,422$944,099$1,197,608
38$1,233,296$994,407$931,181$1,252,590
39$1,313,144$997,185$916,428$1,311,849
40$1,399,689$998,652$899,732$1,375,807
41$1,493,568$998,697$880,985$1,444,931
42$1,595,484$997,205$860,069$1,519,734
43$1,706,206$994,050$836,865$1,600,783
44$1,826,583$989,103$811,244$1,688,703
45$1,957,549$982,224$783,075$1,784,185
46$2,100,130$973,264$752,219$1,887,989
47$2,255,456$962,066$718,531$2,000,956
48$2,424,770$948,465$681,859$2,124,012
49$2,609,441$932,284$642,046$2,258,178
50$2,810,974$913,336$598,925$2,404,584
51$3,031,028$891,425$552,323$2,564,471
52$3,271,428$866,339$502,061$2,739,212
53$3,534,182$837,858$447,949$2,930,321
54$3,821,503$805,748$389,789$3,139,467
55$4,135,826$769,759$327,377$3,368,490
56$4,479,833$729,630$260,496$3,619,421
57$4,856,476$685,081$188,923$3,894,501
58$5,269,007$635,821$112,423$4,196,198
59$5,721,007$581,538$30,750$4,527,239
60$6,216,420$521,903$0$4,890,626
61$6,759,589$456,571$0$5,303,516
62$7,355,297$385,173$0$5,764,674
63$8,008,815$307,324$0$6,270,642
64$8,725,944$222,613$0$6,825,936
65$9,513,077$130,608$0$7,435,528
66$10,377,257$30,853$0$8,104,900
67$11,326,239$0$0$8,840,088
68$12,368,568$0$0$9,652,840
69$13,513,656$0$0$10,548,006
70$14,771,874$0$0$11,531,662
71$16,154,644$0$0$12,612,745
72$17,674,553$0$0$13,801,102
73$19,345,464$0$0$15,107,580
74$21,182,653$0$0$16,544,130
75$23,202,950$0$0$18,123,918
76$25,424,897$0$0$19,861,452
77$27,868,923$0$0$21,772,715
78$30,557,536$0$0$23,875,316
79$33,515,536$0$0$26,188,659
80$36,770,248$0$0$28,734,122
81$40,351,778$0$0$31,535,259
82$44,293,300$0$0$34,618,026
83$48,631,364$0$0$38,011,020
84$53,406,246$0$0$41,745,750
85$58,662,322$0$0$45,856,938
86$64,448,490$0$0$50,382,840
87$70,818,630$0$0$55,365,611
88$77,832,110$0$0$60,851,703
89$85,554,349$0$0$66,892,298
90$94,057,433$0$0$73,543,796
91$103,420,792$0$0$80,868,344
92$113,731,953$0$0$88,934,423
93$125,087,363$0$0$97,817,493
94$137,593,300$0$0$107,600,707
95$151,366,873$0$0$118,375,693
96$166,537,131$0$0$130,243,418
97$183,246,277$0$0$143,315,143
98$201,651,010$0$0$157,713,471
99$221,924,005$0$0$173,573,505
100$244,255,540$0$0$191,044,120