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%20%
1 years$77,129$76,442$75,772$75,117$74,478$71,495
2 years$38,183$37,471$36,782$36,114$35,466$32,498
3 years$25,202$24,488$23,801$23,139$22,501$19,642
4 years$18,713$18,001$17,321$16,670$16,048$13,319
5 years$14,821$14,113$13,442$12,804$12,199$9,608
6 years$12,227$11,525$10,863$10,240$9,653$7,200
7 years$10,375$9,678$9,027$8,419$7,850$5,535
8 years$8,986$8,296$7,656$7,062$6,513$4,333
9 years$7,907$7,223$6,594$6,015$5,485$3,437
10 years$7,044$6,367$5,749$5,185$4,673$2,754
11 years$6,338$5,668$5,061$4,513$4,019$2,224
12 years$5,751$5,087$4,492$3,958$3,483$1,806
13 years$5,254$4,597$4,013$3,495$3,037$1,474
14 years$4,828$4,179$3,606$3,102$2,662$1,208
15 years$4,460$3,818$3,255$2,767$2,344$993
16 years$4,138$3,503$2,951$2,477$2,072$818
17 years$3,854$3,226$2,686$2,226$1,837$675
18 years$3,602$2,981$2,452$2,006$1,633$558
19 years$3,377$2,763$2,244$1,812$1,456$462
20 years$3,174$2,567$2,060$1,641$1,300$383
21 years$2,991$2,391$1,895$1,490$1,164$318
22 years$2,825$2,232$1,746$1,355$1,043$264
23 years$2,674$2,088$1,612$1,234$936$219
24 years$2,535$1,956$1,491$1,125$842$182
25 years$2,408$1,836$1,381$1,028$757$151
26 years$2,291$1,725$1,281$940$682$126
27 years$2,182$1,624$1,189$860$615$105
28 years$2,082$1,530$1,106$788$555$87
29 years$1,988$1,443$1,029$723$501$73
30 years$1,901$1,363$958$663$453$60
31 years$1,820$1,288$894$609$409$50
32 years$1,744$1,219$834$560$370$42
33 years$1,673$1,155$778$515$335$35
34 years$1,606$1,094$727$474$303$29
35 years$1,543$1,038$680$436$275$24
36 years$1,483$985$636$401$249$20
37 years$1,427$936$595$370$226$17
38 years$1,374$889$558$341$205$14
39 years$1,324$846$522$314$186$12
40 years$1,277$804$490$290$168$10
41 years$1,232$766$459$268$153$8
42 years$1,189$729$431$247$139$7
43 years$1,148$695$404$228$126$6
44 years$1,110$662$379$210$114$5
45 years$1,073$632$356$194$104$4
46 years$1,038$603$335$180$94$3
47 years$1,004$575$314$166$85$3
48 years$972$549$295$153$78$2
49 years$941$524$278$142$70$2
50 years$912$501$261$131$64$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $934,000, adding $4,503 every year, while hoping to spend $39,403 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: 77/6/17 Blend
34$934,000$934,000$934,000$934,000
35$1,033,913$984,411$969,934$1,109,283
36$1,097,447$990,722$960,502$1,165,994
37$1,166,142$996,023$949,434$1,222,788
38$1,240,481$1,000,221$936,633$1,284,002
39$1,320,998$1,003,219$921,997$1,350,064
40$1,408,278$1,004,915$905,422$1,421,445
41$1,502,965$1,005,199$886,797$1,498,667
42$1,605,769$1,003,954$866,006$1,582,303
43$1,717,467$1,001,058$842,927$1,672,985
44$1,838,918$996,380$817,435$1,771,411
45$1,971,065$989,779$789,396$1,878,348
46$2,114,944$981,109$758,671$1,994,644
47$2,271,699$970,214$725,117$2,121,233
48$2,442,585$956,927$688,581$2,259,143
49$2,628,985$941,073$648,905$2,409,509
50$2,832,422$922,466$605,924$2,573,583
51$3,054,571$900,909$559,464$2,752,743
52$3,297,276$876,192$509,345$2,948,510
53$3,562,567$848,095$455,377$3,162,559
54$3,852,681$816,383$397,364$3,396,739
55$4,170,079$780,810$335,100$3,653,087
56$4,517,470$741,113$268,370$3,933,847
57$4,897,840$697,016$196,948$4,241,496
58$5,314,475$648,224$120,601$4,578,763
59$5,770,993$594,430$39,083$4,948,657
60$6,271,381$535,304$0$5,354,494
61$6,820,029$470,501$0$5,808,623
62$7,421,772$399,655$0$6,314,512
63$8,081,934$322,379$0$6,869,561
64$8,806,382$238,267$0$7,478,720
65$9,601,577$146,885$0$8,147,444
66$10,474,635$47,780$0$8,881,744
67$11,433,396$0$0$9,688,241
68$12,486,497$0$0$10,578,161
69$13,643,452$0$0$11,559,344
70$14,914,740$0$0$12,637,527
71$16,311,910$0$0$13,822,507
72$17,847,680$0$0$15,125,077
73$19,536,066$0$0$16,557,129
74$21,392,507$0$0$18,131,763
75$23,434,013$0$0$19,863,413
76$25,679,326$0$0$21,767,980
77$28,149,095$0$0$23,862,986
78$30,866,070$0$0$26,167,735
79$33,855,318$0$0$28,703,496
80$37,144,459$0$0$31,493,704
81$40,763,922$0$0$34,564,181
82$44,747,239$0$0$37,943,377
83$49,131,354$0$0$41,662,641
84$53,956,976$0$0$45,756,515
85$59,268,959$0$0$50,263,058
86$65,116,728$0$0$55,224,210
87$71,554,743$0$0$60,686,180
88$78,643,013$0$0$66,699,888
89$86,447,662$0$0$73,321,441
90$95,041,551$0$0$80,612,665
91$104,504,968$0$0$88,641,685
92$114,926,383$0$0$97,483,571
93$126,403,282$0$0$107,221,043
94$139,043,088$0$0$117,945,253
95$152,964,176$0$0$129,756,644
96$168,296,982$0$0$142,765,897
97$185,185,245$0$0$157,094,978
98$203,787,353$0$0$172,878,283
99$224,277,841$0$0$190,263,914
100$246,849,042$0$0$209,415,069