Can I retire at age 35 with 941,000?

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 $941,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.4%
1 years$77,707$77,015$76,339$75,680$75,037$73,372
2 years$38,469$37,752$37,058$36,385$35,732$34,063
3 years$25,391$24,672$23,979$23,312$22,670$21,049
4 years$18,854$18,136$17,451$16,795$16,168$14,609
5 years$14,932$14,219$13,542$12,900$12,291$10,796
6 years$12,319$11,611$10,944$10,316$9,725$8,298
7 years$10,453$9,751$9,095$8,482$7,909$6,549
8 years$9,054$8,358$7,713$7,115$6,562$5,267
9 years$7,966$7,277$6,643$6,060$5,526$4,297
10 years$7,097$6,415$5,792$5,224$4,708$3,544
11 years$6,386$5,711$5,099$4,547$4,049$2,947
12 years$5,794$5,125$4,525$3,988$3,509$2,468
13 years$5,293$4,632$4,043$3,521$3,060$2,078
14 years$4,865$4,210$3,633$3,125$2,682$1,758
15 years$4,493$3,846$3,280$2,787$2,362$1,492
16 years$4,169$3,529$2,974$2,496$2,087$1,271
17 years$3,883$3,250$2,706$2,242$1,851$1,085
18 years$3,629$3,003$2,470$2,021$1,646$928
19 years$3,402$2,783$2,261$1,826$1,467$796
20 years$3,198$2,586$2,075$1,654$1,310$683
21 years$3,014$2,409$1,909$1,501$1,172$587
22 years$2,847$2,249$1,759$1,365$1,051$505
23 years$2,694$2,103$1,624$1,243$943$435
24 years$2,554$1,971$1,502$1,134$848$375
25 years$2,426$1,849$1,391$1,035$763$324
26 years$2,308$1,738$1,290$947$687$279
27 years$2,199$1,636$1,198$866$620$241
28 years$2,097$1,541$1,114$794$559$209
29 years$2,003$1,454$1,037$728$505$180
30 years$1,915$1,373$966$668$456$156
31 years$1,834$1,298$900$614$412$135
32 years$1,757$1,228$840$564$373$117
33 years$1,685$1,163$784$519$338$101
34 years$1,618$1,102$733$477$306$87
35 years$1,554$1,046$685$439$277$76
36 years$1,495$992$641$404$251$65
37 years$1,438$943$600$373$227$57
38 years$1,385$896$562$344$206$49
39 years$1,334$852$526$317$187$43
40 years$1,286$810$493$292$170$37
41 years$1,241$771$463$270$154$32
42 years$1,198$735$434$249$140$28
43 years$1,157$700$407$230$127$24
44 years$1,118$667$382$212$115$21
45 years$1,081$636$359$196$104$18
46 years$1,045$607$337$181$95$16
47 years$1,012$579$317$167$86$13
48 years$979$553$298$154$78$12
49 years$948$528$280$143$71$10
50 years$919$504$263$132$64$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $941,000, adding $3,003 every year, while hoping to spend $47,486 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: 69/9/22 Blend
34$941,000$941,000$941,000$941,000
35$1,040,080$990,207$975,621$1,105,914
36$1,095,643$988,202$957,780$1,148,323
37$1,155,282$984,508$937,749$1,188,899
38$1,219,363$978,991$915,406$1,232,158
39$1,288,287$971,510$890,620$1,278,364
40$1,362,494$961,916$863,258$1,327,806
41$1,442,469$950,050$833,178$1,380,806
42$1,528,742$935,744$800,231$1,437,717
43$1,621,899$918,820$764,263$1,498,933
44$1,722,580$899,090$725,113$1,564,887
45$1,831,490$876,353$682,612$1,636,058
46$1,949,406$850,398$636,583$1,712,976
47$2,077,179$821,000$586,842$1,796,225
48$2,215,746$787,924$533,196$1,886,453
49$2,366,138$750,918$475,444$1,984,372
50$2,529,488$709,717$413,375$2,090,774
51$2,707,042$664,040$346,770$2,206,528
52$2,900,173$613,591$275,400$2,332,599
53$3,110,390$558,055$199,024$2,470,049
54$3,339,351$497,102$117,394$2,620,054
55$3,588,886$430,381$30,247$2,783,910
56$3,861,004$357,521$0$2,963,049
57$4,157,919$278,132$0$3,173,785
58$4,482,067$191,801$0$3,411,666
59$4,836,128$98,090$0$3,671,583
60$5,223,057$0$0$3,955,737
61$5,646,101$0$0$4,266,894
62$6,108,841$0$0$4,617,924
63$6,615,215$0$0$5,002,107
64$7,169,562$0$0$5,422,740
65$7,776,660$0$0$5,883,457
66$8,441,770$0$0$6,388,256
67$9,170,686$0$0$6,941,542
68$9,969,789$0$0$7,548,166
69$10,846,106$0$0$8,213,471
70$11,807,379$0$0$8,943,343
71$12,862,133$0$0$9,744,262
72$14,019,760$0$0$10,623,369
73$15,290,604$0$0$11,588,528
74$16,686,060$0$0$12,648,404
75$18,218,680$0$0$13,812,539
76$19,902,294$0$0$15,091,446
77$21,752,133$0$0$16,496,708
78$23,784,979$0$0$18,041,084
79$26,019,321$0$0$19,738,630
80$28,475,526$0$0$21,604,832
81$31,176,035$0$0$23,656,752
82$34,145,570$0$0$25,913,187
83$37,411,369$0$0$28,394,847
84$41,003,442$0$0$31,124,550
85$44,954,855$0$0$34,127,435
86$49,302,037$0$0$37,431,202
87$54,085,128$0$0$41,066,371
88$59,348,354$0$0$45,066,568
89$65,140,445$0$0$49,468,845
90$71,515,094$0$0$54,314,027
91$78,531,463$0$0$59,647,098
92$86,254,739$0$0$65,517,623
93$94,756,750$0$0$71,980,217
94$104,116,644$0$0$79,095,059
95$114,421,630$0$0$86,928,460
96$125,767,805$0$0$95,553,487
97$138,261,057$0$0$105,050,655
98$152,018,067$0$0$115,508,681
99$167,167,404$0$0$127,025,325
100$183,850,745$0$0$139,708,313