Can I retire at age 35 with 938,000?

Use the below retirement simulation to view the chances of a successful retirement.
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%11.6%
1 years$77,459$76,769$76,096$75,439$74,797$74,295
2 years$38,346$37,632$36,940$36,269$35,618$35,111
3 years$25,310$24,593$23,903$23,238$22,597$22,102
4 years$18,793$18,078$17,395$16,741$16,117$15,636
5 years$14,884$14,174$13,499$12,859$12,252$11,788
6 years$12,279$11,574$10,909$10,283$9,694$9,248
7 years$10,419$9,720$9,066$8,455$7,884$7,455
8 years$9,025$8,332$7,688$7,092$6,541$6,129
9 years$7,941$7,254$6,622$6,041$5,508$5,114
10 years$7,074$6,394$5,773$5,208$4,693$4,316
11 years$6,365$5,692$5,083$4,532$4,036$3,676
12 years$5,775$5,109$4,511$3,975$3,498$3,154
13 years$5,276$4,617$4,030$3,510$3,050$2,723
14 years$4,849$4,197$3,621$3,115$2,674$2,362
15 years$4,479$3,834$3,269$2,778$2,354$2,058
16 years$4,156$3,518$2,964$2,488$2,081$1,799
17 years$3,871$3,240$2,697$2,235$1,845$1,578
18 years$3,618$2,993$2,462$2,014$1,640$1,388
19 years$3,391$2,774$2,254$1,820$1,462$1,223
20 years$3,188$2,578$2,069$1,649$1,306$1,080
21 years$3,004$2,401$1,903$1,496$1,169$955
22 years$2,837$2,242$1,754$1,360$1,048$846
23 years$2,685$2,096$1,619$1,239$940$751
24 years$2,546$1,964$1,497$1,130$845$667
25 years$2,418$1,843$1,387$1,032$761$592
26 years$2,300$1,732$1,286$944$685$527
27 years$2,192$1,630$1,194$864$618$469
28 years$2,091$1,536$1,110$791$557$418
29 years$1,997$1,449$1,033$726$503$373
30 years$1,909$1,369$963$666$455$333
31 years$1,828$1,294$897$612$411$297
32 years$1,751$1,224$837$562$372$265
33 years$1,680$1,159$782$517$337$237
34 years$1,613$1,099$730$476$305$212
35 years$1,549$1,042$683$438$276$189
36 years$1,490$989$639$403$250$169
37 years$1,434$940$598$371$227$151
38 years$1,380$893$560$342$205$135
39 years$1,330$849$525$316$186$121
40 years$1,282$808$492$291$169$108
41 years$1,237$769$461$269$153$97
42 years$1,194$732$432$248$139$87
43 years$1,153$698$406$229$126$78
44 years$1,114$665$381$211$115$69
45 years$1,077$634$358$195$104$62
46 years$1,042$605$336$180$94$56
47 years$1,008$577$316$167$86$50
48 years$976$551$297$154$78$45
49 years$945$526$279$142$71$40
50 years$916$503$262$131$64$36

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $938,000, adding $6,442 every year, while hoping to spend $35,143 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: 47/29/24 Blend
34$938,000$938,000$938,000$938,000
35$1,040,321$990,607$976,068$1,081,814
36$1,109,042$1,001,755$971,374$1,122,725
37$1,183,594$1,012,271$965,346$1,163,125
38$1,264,536$1,022,088$957,900$1,206,273
39$1,352,481$1,031,132$948,952$1,252,443
40$1,448,104$1,039,327$938,411$1,301,939
41$1,552,146$1,046,590$926,184$1,355,097
42$1,665,426$1,052,833$912,172$1,412,289
43$1,788,841$1,057,964$896,271$1,473,928
44$1,923,381$1,061,883$878,375$1,540,467
45$2,070,135$1,064,484$858,369$1,612,412
46$2,230,300$1,065,655$836,136$1,690,319
47$2,405,197$1,065,278$811,553$1,774,805
48$2,596,276$1,063,226$784,489$1,866,551
49$2,805,136$1,059,364$754,809$1,966,312
50$3,033,537$1,053,550$722,372$2,074,920
51$3,283,417$1,045,633$687,031$2,193,295
52$3,556,909$1,035,453$648,630$2,322,457
53$3,856,363$1,022,839$607,008$2,463,531
54$4,184,365$1,007,611$561,996$2,617,760
55$4,543,765$989,579$513,418$2,786,517
56$4,937,701$968,540$461,089$2,971,321
57$5,369,628$944,280$404,817$3,173,849
58$5,843,352$916,572$344,401$3,395,954
59$6,363,066$885,176$279,630$3,639,681
60$6,933,387$849,838$210,286$3,907,292
61$7,559,402$810,289$136,140$4,201,281
62$8,246,712$766,245$56,952$4,524,406
63$9,001,490$717,404$0$4,879,709
64$9,830,534$663,449$0$5,277,607
65$10,741,334$604,044$0$5,730,776
66$11,742,140$538,832$0$6,228,780
67$12,842,042$467,438$0$6,776,213
68$14,051,053$389,465$0$7,378,140
69$15,380,205$304,494$0$8,040,148
70$16,841,654$212,082$0$8,768,395
71$18,448,789$111,761$0$9,569,674
72$20,216,365$3,036$0$10,451,477
73$22,160,636$0$0$11,422,063
74$24,299,511$0$0$12,527,114
75$26,652,725$0$0$13,744,093
76$29,242,019$0$0$15,083,288
77$32,091,348$0$0$16,557,106
78$35,227,107$0$0$18,179,217
79$38,678,381$0$0$19,964,681
80$42,477,216$0$0$21,930,095
81$46,658,921$0$0$24,093,745
82$51,262,405$0$0$26,475,781
83$56,330,538$0$0$29,098,405
84$61,910,562$0$0$31,986,083
85$68,054,528$0$0$35,165,773
86$74,819,796$0$0$38,667,180
87$82,269,567$0$0$42,523,038
88$90,473,487$0$0$46,769,415
89$99,508,298$0$0$51,446,056
90$109,458,564$0$0$56,596,760
91$120,417,472$0$0$62,269,785
92$132,487,703$0$0$68,518,315
93$145,782,409$0$0$75,400,950
94$160,426,274$0$0$82,982,268
95$176,556,697$0$0$91,333,428
96$194,325,082$0$0$100,532,847
97$213,898,270$0$0$110,666,933
98$235,460,112$0$0$121,830,908
99$259,213,204$0$0$134,129,701
100$285,380,801$0$0$147,678,940