Can I retire at age 35 with 930,000?

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 $930,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18%
1 years$76,799$76,114$75,447$74,796$74,160$71,757
2 years$38,019$37,311$36,625$35,959$35,314$32,916
3 years$25,094$24,383$23,699$23,040$22,405$20,086
4 years$18,633$17,924$17,247$16,599$15,979$13,759
5 years$14,757$14,053$13,384$12,749$12,147$10,030
6 years$12,175$11,475$10,816$10,196$9,612$7,600
7 years$10,330$9,637$8,988$8,383$7,817$5,910
8 years$8,948$8,261$7,623$7,032$6,485$4,682
9 years$7,873$7,192$6,566$5,990$5,461$3,760
10 years$7,014$6,340$5,724$5,163$4,653$3,051
11 years$6,311$5,644$5,039$4,493$4,002$2,495
12 years$5,726$5,066$4,472$3,941$3,468$2,054
13 years$5,231$4,578$3,996$3,480$3,024$1,700
14 years$4,808$4,161$3,590$3,089$2,651$1,412
15 years$4,441$3,801$3,241$2,755$2,334$1,177
16 years$4,120$3,488$2,939$2,467$2,063$984
17 years$3,838$3,212$2,674$2,216$1,829$824
18 years$3,587$2,968$2,441$1,997$1,626$692
19 years$3,362$2,751$2,235$1,805$1,450$581
20 years$3,161$2,556$2,051$1,634$1,295$489
21 years$2,979$2,381$1,887$1,483$1,159$412
22 years$2,813$2,222$1,739$1,349$1,039$348
23 years$2,662$2,079$1,605$1,228$932$294
24 years$2,524$1,948$1,485$1,120$838$248
25 years$2,398$1,828$1,375$1,023$754$209
26 years$2,281$1,718$1,275$935$679$177
27 years$2,173$1,617$1,184$856$612$150
28 years$2,073$1,523$1,101$785$553$127
29 years$1,980$1,437$1,025$719$499$107
30 years$1,893$1,357$954$660$451$91
31 years$1,812$1,283$890$606$408$77
32 years$1,736$1,214$830$557$369$65
33 years$1,665$1,150$775$512$334$55
34 years$1,599$1,090$724$472$302$47
35 years$1,536$1,033$677$434$274$39
36 years$1,477$981$633$400$248$33
37 years$1,421$932$593$368$225$28
38 years$1,369$885$555$339$204$24
39 years$1,319$842$520$313$185$20
40 years$1,271$801$488$289$168$17
41 years$1,227$762$457$266$152$15
42 years$1,184$726$429$246$138$12
43 years$1,144$692$402$227$125$10
44 years$1,105$659$378$210$114$9
45 years$1,068$629$355$194$103$8
46 years$1,033$600$333$179$94$6
47 years$1,000$573$313$165$85$5
48 years$968$547$294$153$77$5
49 years$937$522$276$141$70$4
50 years$908$499$260$130$64$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $930,000, adding $5,195 every year, while hoping to spend $56,658 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: 28/43/29 Blend
34$930,000$930,000$930,000$930,000
35$1,030,219$980,929$966,514$1,049,712
36$1,075,017$968,710$938,608$1,053,556
37$1,122,486$953,995$907,869$1,052,465
38$1,172,839$936,599$874,141$1,050,163
39$1,226,306$916,331$837,263$1,046,585
40$1,283,144$892,985$797,066$1,041,668
41$1,343,629$866,345$753,372$1,035,347
42$1,408,066$836,183$705,996$1,027,557
43$1,476,788$802,256$654,747$1,018,234
44$1,550,161$764,307$599,421$1,007,314
45$1,628,584$722,064$539,808$994,735
46$1,712,495$675,241$475,688$980,438
47$1,802,376$623,535$406,830$964,364
48$1,898,755$566,624$332,995$946,461
49$2,002,208$504,169$253,931$926,678
50$2,113,372$435,812$169,376$904,971
51$2,232,944$361,174$79,058$881,303
52$2,361,687$279,855$0$855,645
53$2,500,444$191,433$0$833,336
54$2,650,136$95,460$0$835,462
55$2,811,779$0$0$837,632
56$2,986,486$0$0$844,003
57$3,175,482$0$0$899,879
58$3,380,114$0$0$960,501
59$3,601,860$0$0$1,026,326
60$3,842,350$0$0$1,097,852
61$4,103,373$0$0$1,175,629
62$4,386,896$0$0$1,260,262
63$4,695,086$0$0$1,352,416
64$5,030,324$0$0$1,452,824
65$5,395,231$0$0$1,562,291
66$5,792,691$0$0$1,681,703
67$6,225,876$0$0$1,812,038
68$6,698,280$0$0$1,954,369
69$7,213,746$0$0$2,109,879
70$7,776,506$0$0$2,279,870
71$8,391,216$0$0$2,465,776
72$9,063,003$0$0$2,669,175
73$9,797,514$0$0$2,891,805
74$10,600,962$0$0$3,135,581
75$11,480,191$0$0$3,402,609
76$12,442,737$0$0$3,695,211
77$13,496,896$0$0$4,015,943
78$14,651,807$0$0$4,367,619
79$15,917,533$0$0$4,753,341
80$17,305,157$0$0$5,176,524
81$18,826,886$0$0$5,640,930
82$20,496,165$0$0$6,150,701
83$22,327,801$0$0$6,710,402
84$24,338,106$0$0$7,325,062
85$26,545,049$0$0$8,000,218
86$28,968,419$0$0$8,741,971
87$31,630,020$0$0$9,557,044
88$34,553,870$0$0$10,452,842
89$37,766,426$0$0$11,437,522
90$41,296,837$0$0$12,520,071
91$45,177,214$0$0$13,710,392
92$49,442,935$0$0$15,019,394
93$54,132,975$0$0$16,459,096
94$59,290,276$0$0$18,042,741
95$64,962,146$0$0$19,784,920
96$71,200,712$0$0$21,701,708
97$78,063,403$0$0$23,810,819
98$85,613,495$0$0$26,131,768
99$93,920,707$0$0$28,686,059
100$103,061,856$0$0$31,497,388