Can I retire at age 35 with 940,000?

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 $940,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.5%
1 years$77,624$76,933$76,258$75,600$74,957$73,564
2 years$38,428$37,712$37,019$36,346$35,694$34,296
3 years$25,364$24,645$23,953$23,287$22,646$21,286
4 years$18,834$18,117$17,432$16,777$16,151$14,840
5 years$14,916$14,204$13,528$12,886$12,278$11,019
6 years$12,305$11,599$10,933$10,305$9,715$8,510
7 years$10,441$9,740$9,085$8,473$7,901$6,751
8 years$9,044$8,349$7,705$7,108$6,555$5,458
9 years$7,958$7,270$6,636$6,054$5,520$4,477
10 years$7,089$6,408$5,786$5,219$4,703$3,713
11 years$6,379$5,704$5,094$4,542$4,045$3,106
12 years$5,788$5,120$4,520$3,984$3,505$2,616
13 years$5,288$4,627$4,039$3,517$3,057$2,216
14 years$4,859$4,206$3,629$3,122$2,679$1,886
15 years$4,489$3,842$3,276$2,784$2,359$1,611
16 years$4,165$3,525$2,970$2,493$2,085$1,380
17 years$3,879$3,246$2,703$2,240$1,849$1,186
18 years$3,625$3,000$2,467$2,019$1,644$1,022
19 years$3,399$2,780$2,259$1,824$1,465$881
20 years$3,195$2,584$2,073$1,652$1,309$762
21 years$3,011$2,406$1,907$1,499$1,171$659
22 years$2,843$2,246$1,757$1,363$1,050$571
23 years$2,691$2,101$1,623$1,242$942$496
24 years$2,552$1,968$1,501$1,132$847$430
25 years$2,423$1,847$1,390$1,034$762$374
26 years$2,305$1,736$1,289$946$687$325
27 years$2,196$1,634$1,197$865$619$283
28 years$2,095$1,540$1,113$793$559$246
29 years$2,001$1,452$1,036$727$504$214
30 years$1,913$1,372$965$667$456$187
31 years$1,832$1,297$899$613$412$163
32 years$1,755$1,227$839$563$373$142
33 years$1,683$1,162$783$518$337$124
34 years$1,616$1,101$732$477$305$108
35 years$1,553$1,045$684$439$277$94
36 years$1,493$991$640$404$251$82
37 years$1,437$942$599$372$227$72
38 years$1,383$895$561$343$206$63
39 years$1,333$851$526$316$187$55
40 years$1,285$810$493$292$169$48
41 years$1,240$771$462$269$154$42
42 years$1,197$734$433$248$139$36
43 years$1,156$699$407$229$127$32
44 years$1,117$667$382$212$115$28
45 years$1,080$636$358$196$104$24
46 years$1,044$606$337$181$95$21
47 years$1,011$579$316$167$86$18
48 years$978$552$297$154$78$16
49 years$947$528$279$143$71$14
50 years$918$504$263$132$64$12

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $940,000, adding $6,867 every year, while hoping to spend $30,007 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: 32/44/24 Blend
34$940,000$940,000$940,000$940,000
35$1,042,963$993,143$978,573$1,068,470
36$1,117,418$1,009,880$979,428$1,105,091
37$1,198,462$1,026,431$979,306$1,141,342
38$1,286,735$1,042,756$978,143$1,179,782
39$1,382,942$1,058,811$975,870$1,220,621
40$1,487,857$1,074,548$972,418$1,264,095
41$1,602,336$1,089,919$967,711$1,310,462
42$1,727,317$1,104,868$961,672$1,360,011
43$1,863,835$1,119,338$954,220$1,413,058
44$2,013,028$1,133,267$945,268$1,469,956
45$2,176,150$1,146,590$934,727$1,531,095
46$2,354,581$1,159,237$922,504$1,596,904
47$2,549,841$1,171,131$908,500$1,667,863
48$2,763,602$1,182,194$892,613$1,744,497
49$2,997,708$1,192,340$874,734$1,827,391
50$3,254,187$1,201,478$854,750$1,917,191
51$3,535,275$1,209,511$832,545$2,014,610
52$3,843,432$1,216,336$807,995$2,120,439
53$4,181,370$1,221,844$780,970$2,235,551
54$4,552,073$1,225,918$751,336$2,360,912
55$4,958,830$1,228,434$718,951$2,497,589
56$5,405,264$1,229,260$683,669$2,646,762
57$5,895,363$1,228,257$645,335$2,809,735
58$6,433,524$1,225,275$603,788$2,987,951
59$7,024,588$1,220,158$558,859$3,183,001
60$7,673,888$1,212,737$510,372$3,396,647
61$8,387,299$1,202,836$458,144$3,630,831
62$9,171,294$1,190,266$401,983$3,887,703
63$10,033,005$1,174,828$341,688$4,169,635
64$10,980,286$1,156,309$277,049$4,479,249
65$12,021,793$1,134,486$207,849$4,819,438
66$13,167,062$1,109,122$133,858$5,193,400
67$14,426,599$1,079,965$54,838$5,604,664
68$15,811,977$1,046,749$0$6,057,127
69$17,335,951$1,009,192$0$6,562,645
70$19,012,572$966,996$0$7,133,892
71$20,857,321$919,846$0$7,762,126
72$22,887,257$867,408$0$8,453,206
73$25,121,175$809,328$0$9,213,596
74$27,579,784$745,234$0$10,050,428
75$30,285,903$674,732$0$10,971,566
76$33,264,675$597,403$0$11,985,682
77$36,543,804$512,809$0$13,102,342
78$40,153,818$420,482$0$14,332,097
79$44,128,353$319,932$0$15,686,580
80$48,504,475$210,638$0$17,178,620
81$53,323,024$92,052$0$18,822,368
82$58,629,005$0$0$20,633,424
83$64,472,007$0$0$22,646,619
84$70,906,676$0$0$24,912,944
85$77,993,224$0$0$27,409,059
86$85,798,003$0$0$30,158,361
87$94,394,127$0$0$33,186,628
88$103,862,166$0$0$36,522,271
89$114,290,899$0$0$40,196,594
90$125,778,159$0$0$44,244,092
91$138,431,751$0$0$48,702,780
92$152,370,473$0$0$53,614,546
93$167,725,233$0$0$59,025,552
94$184,640,287$0$0$64,986,662
95$203,274,600$0$0$71,553,932
96$223,803,344$0$0$78,789,131
97$246,419,554$0$0$86,760,325
98$271,335,948$0$0$95,542,525
99$298,786,935$0$0$105,218,388
100$329,030,826$0$0$115,878,999