Can I retire at age 35 with 934,000?

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 $934,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12%
1 years$77,129$76,442$75,772$75,117$74,478$73,854
2 years$38,183$37,471$36,782$36,114$35,466$34,837
3 years$25,202$24,488$23,801$23,139$22,501$21,887
4 years$18,713$18,001$17,321$16,670$16,048$15,453
5 years$14,821$14,113$13,442$12,804$12,199$11,625
6 years$12,227$11,525$10,863$10,240$9,653$9,101
7 years$10,375$9,678$9,027$8,419$7,850$7,320
8 years$8,986$8,296$7,656$7,062$6,513$6,005
9 years$7,907$7,223$6,594$6,015$5,485$4,998
10 years$7,044$6,367$5,749$5,185$4,673$4,209
11 years$6,338$5,668$5,061$4,513$4,019$3,576
12 years$5,751$5,087$4,492$3,958$3,483$3,060
13 years$5,254$4,597$4,013$3,495$3,037$2,635
14 years$4,828$4,179$3,606$3,102$2,662$2,280
15 years$4,460$3,818$3,255$2,767$2,344$1,981
16 years$4,138$3,503$2,951$2,477$2,072$1,727
17 years$3,854$3,226$2,686$2,226$1,837$1,511
18 years$3,602$2,981$2,452$2,006$1,633$1,325
19 years$3,377$2,763$2,244$1,812$1,456$1,164
20 years$3,174$2,567$2,060$1,641$1,300$1,025
21 years$2,991$2,391$1,895$1,490$1,164$904
22 years$2,825$2,232$1,746$1,355$1,043$798
23 years$2,674$2,088$1,612$1,234$936$706
24 years$2,535$1,956$1,491$1,125$842$625
25 years$2,408$1,836$1,381$1,028$757$554
26 years$2,291$1,725$1,281$940$682$491
27 years$2,182$1,624$1,189$860$615$436
28 years$2,082$1,530$1,106$788$555$387
29 years$1,988$1,443$1,029$723$501$344
30 years$1,901$1,363$958$663$453$306
31 years$1,820$1,288$894$609$409$272
32 years$1,744$1,219$834$560$370$242
33 years$1,673$1,155$778$515$335$216
34 years$1,606$1,094$727$474$303$192
35 years$1,543$1,038$680$436$275$171
36 years$1,483$985$636$401$249$152
37 years$1,427$936$595$370$226$136
38 years$1,374$889$558$341$205$121
39 years$1,324$846$522$314$186$108
40 years$1,277$804$490$290$168$96
41 years$1,232$766$459$268$153$86
42 years$1,189$729$431$247$139$77
43 years$1,148$695$404$228$126$68
44 years$1,110$662$379$210$114$61
45 years$1,073$632$356$194$104$54
46 years$1,038$603$335$180$94$49
47 years$1,004$575$314$166$85$43
48 years$972$549$295$153$78$39
49 years$941$524$278$142$70$34
50 years$912$501$261$131$64$31

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $934,000, adding $3,516 every year, while hoping to spend $41,873 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: 47/27/26 Blend
34$934,000$934,000$934,000$934,000
35$1,032,895$983,393$968,916$1,073,608
36$1,093,697$987,026$956,822$1,106,246
37$1,159,299$989,435$942,919$1,137,268
38$1,230,144$990,514$927,104$1,170,118
39$1,306,721$990,152$909,265$1,204,990
40$1,389,570$988,232$889,288$1,242,096
41$1,479,280$984,630$867,054$1,281,677
42$1,576,502$979,212$842,435$1,323,997
43$1,681,951$971,839$815,302$1,369,351
44$1,796,411$962,360$785,516$1,418,068
45$1,920,747$950,618$752,933$1,470,512
46$2,055,911$936,446$717,404$1,527,087
47$2,202,948$919,665$678,771$1,588,243
48$2,363,008$900,089$636,869$1,654,479
49$2,537,358$877,517$591,528$1,726,347
50$2,727,392$851,738$542,567$1,804,463
51$2,934,643$822,530$489,800$1,889,506
52$3,160,798$789,656$433,030$1,982,231
53$3,407,717$752,866$372,054$2,083,476
54$3,677,443$711,896$306,657$2,194,168
55$3,972,229$666,465$236,616$2,315,333
56$4,294,553$616,279$161,700$2,448,109
57$4,647,145$561,024$81,664$2,593,756
58$5,033,009$500,369$0$2,753,669
59$5,455,454$433,966$0$2,930,432
60$5,918,126$361,446$0$3,148,959
61$6,425,035$282,417$0$3,388,537
62$6,980,602$196,469$0$3,651,338
63$7,589,693$103,166$0$3,939,760
64$8,257,670$2,049$0$4,256,447
65$8,990,435$0$0$4,604,321
66$9,794,493$0$0$5,018,503
67$10,677,007$0$0$5,473,877
68$11,645,866$0$0$5,973,918
69$12,709,763$0$0$6,523,128
70$13,878,272$0$0$7,126,463
71$15,161,940$0$0$7,789,384
72$16,572,387$0$0$8,517,908
73$18,122,413$0$0$9,318,662
74$19,826,121$0$0$10,198,949
75$21,699,047$0$0$11,166,814
76$23,758,307$0$0$12,231,119
77$26,022,759$0$0$13,401,631
78$28,513,180$0$0$14,689,106
79$31,252,461$0$0$16,105,401
80$34,265,823$0$0$17,663,574
81$37,581,055$0$0$19,378,017
82$41,228,774$0$0$21,264,586
83$45,242,715$0$0$23,340,749
84$49,660,050$0$0$25,625,757
85$54,521,735$0$0$28,140,820
86$59,872,896$0$0$30,909,308
87$65,763,259$0$0$33,956,973
88$72,247,614$0$0$37,312,190
89$79,386,333$0$0$41,006,224
90$87,245,939$0$0$45,073,528
91$95,899,735$0$0$49,552,064
92$105,428,491$0$0$54,483,663
93$115,921,210$0$0$59,914,420
94$127,475,965$0$0$65,895,127
95$140,200,826$0$0$72,481,753
96$154,214,875$0$0$79,735,973
97$169,649,334$0$0$87,725,748
98$186,648,801$0$0$96,525,965
99$205,372,614$0$0$106,219,149
100$225,996,353$0$0$116,896,235