Can I retire at age 35 with 937,000?

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 $937,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.4%
1 years$77,377$76,687$76,015$75,359$74,718$72,182
2 years$38,305$37,592$36,900$36,230$35,580$33,050
3 years$25,283$24,567$23,877$23,213$22,573$20,130
4 years$18,773$18,059$17,376$16,724$16,099$13,760
5 years$14,869$14,159$13,485$12,845$12,239$10,010
6 years$12,266$11,562$10,898$10,273$9,684$7,568
7 years$10,408$9,709$9,056$8,446$7,876$5,872
8 years$9,015$8,323$7,680$7,085$6,534$4,641
9 years$7,932$7,246$6,615$6,035$5,502$3,718
10 years$7,067$6,387$5,767$5,202$4,688$3,009
11 years$6,359$5,686$5,077$4,527$4,032$2,455
12 years$5,769$5,104$4,506$3,971$3,494$2,016
13 years$5,271$4,612$4,026$3,506$3,047$1,663
14 years$4,844$4,192$3,617$3,112$2,671$1,378
15 years$4,474$3,830$3,266$2,775$2,352$1,145
16 years$4,151$3,514$2,961$2,485$2,078$954
17 years$3,866$3,236$2,694$2,233$1,843$797
18 years$3,614$2,990$2,460$2,012$1,639$667
19 years$3,388$2,771$2,252$1,818$1,460$559
20 years$3,185$2,575$2,066$1,647$1,305$469
21 years$3,001$2,399$1,901$1,495$1,167$394
22 years$2,834$2,239$1,752$1,359$1,046$331
23 years$2,682$2,094$1,617$1,238$939$279
24 years$2,543$1,962$1,496$1,129$844$235
25 years$2,416$1,841$1,386$1,031$760$198
26 years$2,298$1,731$1,285$943$684$167
27 years$2,189$1,629$1,193$863$617$140
28 years$2,088$1,535$1,109$790$557$118
29 years$1,995$1,448$1,032$725$503$100
30 years$1,907$1,367$962$665$454$84
31 years$1,826$1,293$896$611$411$71
32 years$1,750$1,223$836$561$371$60
33 years$1,678$1,158$781$516$336$51
34 years$1,611$1,098$730$475$304$43
35 years$1,548$1,041$682$437$276$36
36 years$1,488$988$638$403$250$30
37 years$1,432$939$597$371$226$26
38 years$1,379$892$559$342$205$22
39 years$1,329$848$524$315$186$18
40 years$1,281$807$491$291$169$15
41 years$1,236$768$461$268$153$13
42 years$1,193$732$432$248$139$11
43 years$1,152$697$405$229$126$9
44 years$1,113$664$381$211$114$8
45 years$1,076$634$357$195$104$7
46 years$1,041$604$336$180$94$6
47 years$1,007$577$315$166$86$5
48 years$975$551$296$154$78$4
49 years$944$526$278$142$71$3
50 years$915$502$262$131$64$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $937,000, adding $6,188 every year, while hoping to spend $55,244 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: 85/10/5 Blend
34$937,000$937,000$937,000$937,000
35$1,038,957$989,296$974,772$1,126,744
36$1,086,151$978,992$948,648$1,174,598
37$1,136,308$966,332$919,797$1,218,934
38$1,189,671$951,142$888,070$1,265,864
39$1,246,507$933,237$853,309$1,315,611
40$1,307,108$912,423$815,353$1,368,421
41$1,371,794$888,493$774,028$1,424,562
42$1,440,916$861,228$729,157$1,484,332
43$1,514,858$830,397$680,553$1,548,056
44$1,594,042$795,755$628,020$1,616,093
45$1,678,930$757,042$571,354$1,688,840
46$1,770,028$713,985$510,342$1,766,731
47$1,867,894$666,293$444,761$1,850,245
48$1,973,138$613,660$374,379$1,939,912
49$2,086,430$555,762$298,953$2,036,312
50$2,208,507$492,256$218,229$2,140,087
51$2,340,178$422,779$131,943$2,251,943
52$2,482,331$346,950$39,818$2,372,657
53$2,635,942$264,364$0$2,503,088
54$2,802,084$174,594$0$2,647,301
55$2,981,938$77,190$0$2,805,686
56$3,176,798$0$0$2,977,283
57$3,388,092$0$0$3,166,489
58$3,617,386$0$0$3,381,044
59$3,866,405$0$0$3,614,069
60$4,137,046$0$0$3,867,339
61$4,431,394$0$0$4,142,808
62$4,751,745$0$0$4,442,626
63$5,100,626$0$0$4,769,160
64$5,480,814$0$0$5,125,012
65$5,895,369$0$0$5,513,046
66$6,347,657$0$0$5,936,417
67$6,841,385$0$0$6,398,594
68$7,380,629$0$0$6,903,398
69$7,969,882$0$0$7,455,034
70$8,614,085$0$0$8,058,134
71$9,318,683$0$0$8,717,794
72$10,089,667$0$0$9,439,628
73$10,933,637$0$0$10,229,816
74$11,857,859$0$0$11,095,166
75$12,870,335$0$0$12,043,171
76$13,979,876$0$0$13,082,086
77$15,196,190$0$0$14,221,001
78$16,529,963$0$0$15,469,929
79$17,992,970$0$0$16,839,896
80$19,598,178$0$0$18,343,050
81$21,359,870$0$0$19,992,768
82$23,293,778$0$0$21,803,786
83$25,417,234$0$0$23,792,340
84$27,749,329$0$0$25,976,309
85$30,311,092$0$0$28,375,394
86$33,125,693$0$0$31,011,294
87$36,218,653$0$0$33,907,917
88$39,618,090$0$0$37,091,600
89$43,354,982$0$0$40,591,358
90$47,463,455$0$0$44,439,159
91$51,981,111$0$0$48,670,222
92$56,949,373$0$0$53,323,348
93$62,413,883$0$0$58,441,289
94$68,424,927$0$0$64,071,147
95$75,037,909$0$0$70,264,819
96$82,313,876$0$0$77,079,486
97$90,320,086$0$0$84,578,150
98$99,130,652$0$0$92,830,230
99$108,827,230$0$0$101,912,212
100$119,499,794$0$0$111,908,376