Can I retire at age 35 with 938,000?

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 $938,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.9%
1 years$77,459$76,769$76,096$75,439$74,797$72,989
2 years$38,346$37,632$36,940$36,269$35,618$33,807
3 years$25,310$24,593$23,903$23,238$22,597$20,840
4 years$18,793$18,078$17,395$16,741$16,117$14,427
5 years$14,884$14,174$13,499$12,859$12,252$10,634
6 years$12,279$11,574$10,909$10,283$9,694$8,151
7 years$10,419$9,720$9,066$8,455$7,884$6,415
8 years$9,025$8,332$7,688$7,092$6,541$5,144
9 years$7,941$7,254$6,622$6,041$5,508$4,184
10 years$7,074$6,394$5,773$5,208$4,693$3,440
11 years$6,365$5,692$5,083$4,532$4,036$2,852
12 years$5,775$5,109$4,511$3,975$3,498$2,381
13 years$5,276$4,617$4,030$3,510$3,050$1,998
14 years$4,849$4,197$3,621$3,115$2,674$1,684
15 years$4,479$3,834$3,269$2,778$2,354$1,425
16 years$4,156$3,518$2,964$2,488$2,081$1,209
17 years$3,871$3,240$2,697$2,235$1,845$1,028
18 years$3,618$2,993$2,462$2,014$1,640$877
19 years$3,391$2,774$2,254$1,820$1,462$749
20 years$3,188$2,578$2,069$1,649$1,306$640
21 years$3,004$2,401$1,903$1,496$1,169$548
22 years$2,837$2,242$1,754$1,360$1,048$470
23 years$2,685$2,096$1,619$1,239$940$403
24 years$2,546$1,964$1,497$1,130$845$346
25 years$2,418$1,843$1,387$1,032$761$298
26 years$2,300$1,732$1,286$944$685$256
27 years$2,192$1,630$1,194$864$618$220
28 years$2,091$1,536$1,110$791$557$189
29 years$1,997$1,449$1,033$726$503$163
30 years$1,909$1,369$963$666$455$140
31 years$1,828$1,294$897$612$411$121
32 years$1,751$1,224$837$562$372$104
33 years$1,680$1,159$782$517$337$90
34 years$1,613$1,099$730$476$305$77
35 years$1,549$1,042$683$438$276$67
36 years$1,490$989$639$403$250$58
37 years$1,434$940$598$371$227$50
38 years$1,380$893$560$342$205$43
39 years$1,330$849$525$316$186$37
40 years$1,282$808$492$291$169$32
41 years$1,237$769$461$269$153$27
42 years$1,194$732$432$248$139$24
43 years$1,153$698$406$229$126$20
44 years$1,114$665$381$211$115$18
45 years$1,077$634$358$195$104$15
46 years$1,042$605$336$180$94$13
47 years$1,008$577$316$167$86$11
48 years$976$551$297$154$78$10
49 years$945$526$279$142$71$8
50 years$916$503$262$131$64$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $938,000, adding $5,473 every year, while hoping to spend $22,650 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: 64/7/29 Blend
34$938,000$938,000$938,000$938,000
35$1,039,321$989,607$975,068$1,097,479
36$1,121,233$1,013,999$983,634$1,161,941
37$1,210,740$1,038,826$991,727$1,229,377
38$1,308,594$1,064,087$999,308$1,302,580
39$1,415,621$1,089,778$1,006,336$1,382,120
40$1,532,732$1,115,895$1,012,765$1,468,626
41$1,660,929$1,142,432$1,018,551$1,562,791
42$1,801,315$1,169,382$1,023,644$1,665,377
43$1,955,107$1,196,739$1,027,994$1,777,228
44$2,123,642$1,224,494$1,031,546$1,899,268
45$2,308,394$1,252,635$1,034,244$2,032,522
46$2,510,988$1,281,152$1,036,028$2,178,115
47$2,733,211$1,310,031$1,036,838$2,337,289
48$2,977,033$1,339,257$1,036,607$2,511,412
49$3,244,624$1,368,814$1,035,266$2,701,994
50$3,538,373$1,398,683$1,032,745$2,910,696
51$3,860,912$1,428,844$1,028,967$3,139,351
52$4,215,142$1,459,273$1,023,854$3,389,978
53$4,604,256$1,489,947$1,017,323$3,664,805
54$5,031,773$1,520,838$1,009,286$3,966,286
55$5,501,571$1,551,916$999,654$4,297,124
56$6,017,920$1,583,148$988,331$4,660,301
57$6,585,524$1,614,499$975,217$5,059,103
58$7,209,568$1,645,930$960,207$5,497,153
59$7,895,763$1,677,400$943,193$5,978,441
60$8,650,401$1,708,862$924,059$6,507,369
61$9,480,413$1,740,268$902,687$7,088,786
62$10,393,438$1,771,564$878,950$7,728,038
63$11,397,892$1,802,694$852,718$8,431,016
64$12,503,046$1,833,595$823,853$9,204,215
65$13,719,117$1,864,201$792,213$10,054,791
66$15,057,361$1,894,441$757,646$10,990,634
67$16,530,181$1,924,238$719,996$12,020,440
68$18,151,243$1,953,509$679,100$13,153,790
69$19,935,606$1,982,167$634,785$14,401,249
70$21,899,861$2,010,117$586,874$15,774,457
71$24,062,291$2,037,256$535,178$17,286,245
72$26,443,041$2,063,478$479,503$18,950,756
73$29,064,309$2,088,667$419,644$20,783,574
74$31,950,555$2,112,698$355,389$22,801,880
75$35,128,731$2,135,439$286,514$25,024,604
76$38,628,536$2,156,751$212,787$27,472,614
77$42,482,697$2,176,482$133,965$30,168,907
78$46,727,275$2,194,472$49,796$33,138,830
79$51,402,007$2,210,551$0$36,410,316
80$56,550,681$2,224,537$0$40,026,537
81$62,221,548$2,236,238$0$44,026,288
82$68,467,779$2,245,446$0$48,431,628
83$75,347,964$2,251,944$0$53,283,862
84$82,926,666$2,255,500$0$58,628,509
85$91,275,032$2,255,866$0$64,515,727
86$100,471,462$2,252,780$0$71,000,791
87$110,602,349$2,245,963$0$78,144,610
88$121,762,894$2,235,121$0$86,014,306
89$134,058,006$2,219,939$0$94,683,845
90$147,603,292$2,200,085$0$104,234,737
91$162,526,145$2,175,206$0$114,756,803
92$178,966,949$2,144,929$0$126,349,026
93$197,080,405$2,108,857$0$139,120,481
94$217,036,986$2,066,571$0$153,191,369
95$239,024,551$2,017,626$0$168,694,150
96$263,250,116$1,961,550$0$185,774,792
97$289,941,808$1,897,847$0$204,594,151
98$319,351,019$1,825,987$0$225,329,488
99$351,754,776$1,745,414$0$248,176,145
100$387,458,360$1,655,536$0$273,349,383