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%
1 years$77,129$76,442$75,772$75,117$74,478$73,824
2 years$38,183$37,471$36,782$36,114$35,466$34,806
3 years$25,202$24,488$23,801$23,139$22,501$21,857
4 years$18,713$18,001$17,321$16,670$16,048$15,424
5 years$14,821$14,113$13,442$12,804$12,199$11,597
6 years$12,227$11,525$10,863$10,240$9,653$9,074
7 years$10,375$9,678$9,027$8,419$7,850$7,295
8 years$8,986$8,296$7,656$7,062$6,513$5,980
9 years$7,907$7,223$6,594$6,015$5,485$4,975
10 years$7,044$6,367$5,749$5,185$4,673$4,186
11 years$6,338$5,668$5,061$4,513$4,019$3,555
12 years$5,751$5,087$4,492$3,958$3,483$3,040
13 years$5,254$4,597$4,013$3,495$3,037$2,616
14 years$4,828$4,179$3,606$3,102$2,662$2,262
15 years$4,460$3,818$3,255$2,767$2,344$1,964
16 years$4,138$3,503$2,951$2,477$2,072$1,712
17 years$3,854$3,226$2,686$2,226$1,837$1,496
18 years$3,602$2,981$2,452$2,006$1,633$1,311
19 years$3,377$2,763$2,244$1,812$1,456$1,151
20 years$3,174$2,567$2,060$1,641$1,300$1,013
21 years$2,991$2,391$1,895$1,490$1,164$893
22 years$2,825$2,232$1,746$1,355$1,043$788
23 years$2,674$2,088$1,612$1,234$936$696
24 years$2,535$1,956$1,491$1,125$842$616
25 years$2,408$1,836$1,381$1,028$757$545
26 years$2,291$1,725$1,281$940$682$483
27 years$2,182$1,624$1,189$860$615$429
28 years$2,082$1,530$1,106$788$555$380
29 years$1,988$1,443$1,029$723$501$338
30 years$1,901$1,363$958$663$453$300
31 years$1,820$1,288$894$609$409$267
32 years$1,744$1,219$834$560$370$237
33 years$1,673$1,155$778$515$335$211
34 years$1,606$1,094$727$474$303$188
35 years$1,543$1,038$680$436$275$167
36 years$1,483$985$636$401$249$149
37 years$1,427$936$595$370$226$132
38 years$1,374$889$558$341$205$118
39 years$1,324$846$522$314$186$105
40 years$1,277$804$490$290$168$94
41 years$1,232$766$459$268$153$83
42 years$1,189$729$431$247$139$74
43 years$1,148$695$404$228$126$66
44 years$1,110$662$379$210$114$59
45 years$1,073$632$356$194$104$53
46 years$1,038$603$335$180$94$47
47 years$1,004$575$314$166$85$42
48 years$972$549$295$153$78$37
49 years$941$524$278$142$70$33
50 years$912$501$261$131$64$30

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $934,000, adding $3,456 every year, while hoping to spend $51,305 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: 39/49/12 Blend
34$934,000$934,000$934,000$934,000
35$1,032,833$983,331$968,854$1,069,248
36$1,083,594$976,926$946,722$1,088,971
37$1,137,813$968,488$922,130$1,105,002
38$1,195,788$957,862$894,940$1,121,206
39$1,257,848$944,887$865,009$1,137,620
40$1,324,350$929,388$832,189$1,154,292
41$1,395,689$911,183$796,323$1,171,279
42$1,472,297$890,078$757,247$1,188,645
43$1,554,647$865,868$714,791$1,206,469
44$1,643,261$838,336$668,776$1,224,839
45$1,738,709$807,250$619,016$1,243,861
46$1,841,620$772,368$565,316$1,263,654
47$1,952,683$733,432$507,472$1,284,359
48$2,072,656$690,169$445,271$1,306,133
49$2,202,372$642,292$378,492$1,329,160
50$2,342,745$589,496$306,903$1,353,648
51$2,494,781$531,457$230,261$1,379,833
52$2,659,587$467,837$148,313$1,407,984
53$2,838,380$398,276$60,796$1,438,408
54$3,032,495$322,392$0$1,471,449
55$3,243,405$239,785$0$1,511,671
56$3,472,729$150,031$0$1,563,921
57$3,722,246$52,681$0$1,620,940
58$3,993,916$0$0$1,683,327
59$4,289,894$0$0$1,780,187
60$4,612,552$0$0$1,916,858
61$4,964,502$0$0$2,066,056
62$5,348,618$0$0$2,229,012
63$5,768,062$0$0$2,407,084
64$6,226,316$0$0$2,601,767
65$6,727,215$0$0$2,814,707
66$7,274,978$0$0$3,047,715
67$7,874,254$0$0$3,302,785
68$8,530,158$0$0$3,582,115
69$9,248,325$0$0$3,888,124
70$10,034,960$0$0$4,223,475
71$10,896,896$0$0$4,591,104
72$11,841,659$0$0$4,994,240
73$12,877,535$0$0$5,436,445
74$14,013,654$0$0$5,921,637
75$15,260,069$0$0$6,454,135
76$16,627,854$0$0$7,038,695
77$18,129,209$0$0$7,680,557
78$19,777,568$0$0$8,385,492
79$21,587,735$0$0$9,159,858
80$23,576,013$0$0$10,010,660
81$25,760,366$0$0$10,945,613
82$28,160,579$0$0$11,973,218
83$30,798,454$0$0$13,102,840
84$33,698,004$0$0$14,344,797
85$36,885,689$0$0$15,710,455
86$40,390,658$0$0$17,212,339
87$44,245,027$0$0$18,864,247
88$48,484,179$0$0$20,681,381
89$53,147,098$0$0$22,680,492
90$58,276,738$0$0$24,880,034
91$63,920,422$0$0$27,300,344
92$70,130,296$0$0$29,963,825
93$76,963,811$0$0$32,895,165
94$84,484,272$0$0$36,121,565
95$92,761,430$0$0$39,672,997
96$101,872,140$0$0$43,582,486
97$111,901,088$0$0$47,886,424
98$122,941,585$0$0$52,624,906
99$135,096,450$0$0$57,842,117
100$148,478,978$0$0$63,586,741