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%15.1%
1 years$76,799$76,114$75,447$74,796$74,160$72,603
2 years$38,019$37,311$36,625$35,959$35,314$33,753
3 years$25,094$24,383$23,699$23,040$22,405$20,888
4 years$18,633$17,924$17,247$16,599$15,979$14,519
5 years$14,757$14,053$13,384$12,749$12,147$10,747
6 years$12,175$11,475$10,816$10,196$9,612$8,273
7 years$10,330$9,637$8,988$8,383$7,817$6,540
8 years$8,948$8,261$7,623$7,032$6,485$5,270
9 years$7,873$7,192$6,566$5,990$5,461$4,307
10 years$7,014$6,340$5,724$5,163$4,653$3,558
11 years$6,311$5,644$5,039$4,493$4,002$2,965
12 years$5,726$5,066$4,472$3,941$3,468$2,488
13 years$5,231$4,578$3,996$3,480$3,024$2,099
14 years$4,808$4,161$3,590$3,089$2,651$1,779
15 years$4,441$3,801$3,241$2,755$2,334$1,513
16 years$4,120$3,488$2,939$2,467$2,063$1,291
17 years$3,838$3,212$2,674$2,216$1,829$1,105
18 years$3,587$2,968$2,441$1,997$1,626$947
19 years$3,362$2,751$2,235$1,805$1,450$814
20 years$3,161$2,556$2,051$1,634$1,295$700
21 years$2,979$2,381$1,887$1,483$1,159$603
22 years$2,813$2,222$1,739$1,349$1,039$520
23 years$2,662$2,079$1,605$1,228$932$449
24 years$2,524$1,948$1,485$1,120$838$388
25 years$2,398$1,828$1,375$1,023$754$336
26 years$2,281$1,718$1,275$935$679$291
27 years$2,173$1,617$1,184$856$612$252
28 years$2,073$1,523$1,101$785$553$218
29 years$1,980$1,437$1,025$719$499$189
30 years$1,893$1,357$954$660$451$164
31 years$1,812$1,283$890$606$408$142
32 years$1,736$1,214$830$557$369$123
33 years$1,665$1,150$775$512$334$107
34 years$1,599$1,090$724$472$302$93
35 years$1,536$1,033$677$434$274$80
36 years$1,477$981$633$400$248$70
37 years$1,421$932$593$368$225$61
38 years$1,369$885$555$339$204$53
39 years$1,319$842$520$313$185$46
40 years$1,271$801$488$289$168$40
41 years$1,227$762$457$266$152$34
42 years$1,184$726$429$246$138$30
43 years$1,144$692$402$227$125$26
44 years$1,105$659$378$210$114$23
45 years$1,068$629$355$194$103$20
46 years$1,033$600$333$179$94$17
47 years$1,000$573$313$165$85$15
48 years$968$547$294$153$77$13
49 years$937$522$276$141$70$11
50 years$908$499$260$130$64$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $930,000, adding $4,774 every year, while hoping to spend $54,450 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: 40/32/28 Blend
34$930,000$930,000$930,000$930,000
35$1,029,784$980,494$966,079$1,062,301
36$1,076,888$970,604$940,509$1,076,485
37$1,126,971$958,405$912,256$1,086,411
38$1,180,281$943,725$881,175$1,096,111
39$1,237,086$926,384$847,111$1,105,601
40$1,297,682$906,190$809,903$1,114,898
41$1,362,394$882,941$769,383$1,124,028
42$1,431,574$856,422$725,374$1,133,026
43$1,505,613$826,405$677,692$1,141,933
44$1,584,937$792,650$626,146$1,150,801
45$1,670,013$754,902$570,534$1,159,692
46$1,761,354$712,892$510,646$1,168,682
47$1,859,523$666,335$446,264$1,177,860
48$1,965,139$614,930$377,159$1,187,331
49$2,078,880$558,358$303,090$1,197,218
50$2,201,491$496,283$223,809$1,207,665
51$2,333,791$428,349$139,055$1,218,838
52$2,476,680$354,180$48,555$1,230,930
53$2,631,146$273,380$0$1,244,159
54$2,798,276$185,528$0$1,273,127
55$2,979,264$90,183$0$1,320,188
56$3,175,422$0$0$1,371,242
57$3,388,196$0$0$1,431,379
58$3,619,172$0$0$1,531,236
59$3,870,097$0$0$1,639,825
60$4,142,893$0$0$1,757,990
61$4,439,672$0$0$1,886,662
62$4,762,760$0$0$2,026,863
63$5,114,715$0$0$2,179,720
64$5,498,354$0$0$2,346,470
65$5,916,775$0$0$2,528,478
66$6,373,389$0$0$2,727,245
67$6,871,950$0$0$2,944,423
68$7,416,591$0$0$3,181,832
69$8,011,863$0$0$3,441,474
70$8,662,773$0$0$3,725,556
71$9,374,839$0$0$4,036,505
72$10,154,131$0$0$4,376,996
73$11,007,338$0$0$4,749,972
74$11,941,822$0$0$5,158,678
75$12,965,694$0$0$5,606,684
76$14,087,883$0$0$6,097,925
77$15,318,226$0$0$6,636,732
78$16,667,556$0$0$7,227,876
79$18,147,803$0$0$7,876,615
80$19,772,110$0$0$8,588,737
81$21,554,954$0$0$9,370,620
82$23,512,279$0$0$10,229,289
83$25,661,652$0$0$11,172,482
84$28,022,420$0$0$12,208,725
85$30,615,901$0$0$13,347,409
86$33,465,575$0$0$14,598,881
87$36,597,311$0$0$15,974,539
88$40,039,609$0$0$17,486,941
89$43,823,868$0$0$19,149,923
90$47,984,677$0$0$20,978,727
91$52,560,148$0$0$22,990,148
92$57,592,270$0$0$25,202,688
93$63,127,304$0$0$27,636,736
94$69,216,222$0$0$30,314,753
95$75,915,182$0$0$33,261,488
96$83,286,061$0$0$36,504,211
97$91,397,038$0$0$40,072,968
98$100,323,231$0$0$44,000,867
99$110,147,413$0$0$48,324,385
100$120,960,784$0$0$53,083,719