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%11.4%
1 years$77,707$77,015$76,339$75,680$75,037$74,595
2 years$38,469$37,752$37,058$36,385$35,732$35,286
3 years$25,391$24,672$23,979$23,312$22,670$22,234
4 years$18,854$18,136$17,451$16,795$16,168$15,746
5 years$14,932$14,219$13,542$12,900$12,291$11,883
6 years$12,319$11,611$10,944$10,316$9,725$9,332
7 years$10,453$9,751$9,095$8,482$7,909$7,532
8 years$9,054$8,358$7,713$7,115$6,562$6,199
9 years$7,966$7,277$6,643$6,060$5,526$5,178
10 years$7,097$6,415$5,792$5,224$4,708$4,376
11 years$6,386$5,711$5,099$4,547$4,049$3,731
12 years$5,794$5,125$4,525$3,988$3,509$3,206
13 years$5,293$4,632$4,043$3,521$3,060$2,771
14 years$4,865$4,210$3,633$3,125$2,682$2,407
15 years$4,493$3,846$3,280$2,787$2,362$2,100
16 years$4,169$3,529$2,974$2,496$2,087$1,838
17 years$3,883$3,250$2,706$2,242$1,851$1,615
18 years$3,629$3,003$2,470$2,021$1,646$1,422
19 years$3,402$2,783$2,261$1,826$1,467$1,255
20 years$3,198$2,586$2,075$1,654$1,310$1,110
21 years$3,014$2,409$1,909$1,501$1,172$983
22 years$2,847$2,249$1,759$1,365$1,051$872
23 years$2,694$2,103$1,624$1,243$943$775
24 years$2,554$1,971$1,502$1,134$848$689
25 years$2,426$1,849$1,391$1,035$763$613
26 years$2,308$1,738$1,290$947$687$547
27 years$2,199$1,636$1,198$866$620$487
28 years$2,097$1,541$1,114$794$559$435
29 years$2,003$1,454$1,037$728$505$388
30 years$1,915$1,373$966$668$456$347
31 years$1,834$1,298$900$614$412$310
32 years$1,757$1,228$840$564$373$277
33 years$1,685$1,163$784$519$338$248
34 years$1,618$1,102$733$477$306$222
35 years$1,554$1,046$685$439$277$199
36 years$1,495$992$641$404$251$178
37 years$1,438$943$600$373$227$160
38 years$1,385$896$562$344$206$143
39 years$1,334$852$526$317$187$128
40 years$1,286$810$493$292$170$115
41 years$1,241$771$463$270$154$103
42 years$1,198$735$434$249$140$92
43 years$1,157$700$407$230$127$83
44 years$1,118$667$382$212$115$74
45 years$1,081$636$359$196$104$67
46 years$1,045$607$337$181$95$60
47 years$1,012$579$317$167$86$54
48 years$979$553$298$154$78$48
49 years$948$528$280$143$71$43
50 years$919$504$263$132$64$39

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $941,000, adding $5,340 every year, while hoping to spend $37,820 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: 55/40/5 Blend
34$941,000$941,000$941,000$941,000
35$1,042,490$992,617$978,032$1,098,469
36$1,108,584$1,001,015$970,556$1,145,206
37$1,180,152$1,008,557$961,561$1,191,381
38$1,257,712$1,015,161$950,959$1,240,715
39$1,341,835$1,020,740$938,652$1,293,511
40$1,433,147$1,025,201$924,541$1,350,105
41$1,532,338$1,028,446$908,523$1,410,870
42$1,640,166$1,030,370$890,489$1,476,214
43$1,757,466$1,030,861$870,323$1,546,592
44$1,885,155$1,029,801$847,907$1,622,503
45$2,024,245$1,027,065$823,115$1,704,502
46$2,175,845$1,022,519$795,817$1,793,198
47$2,341,181$1,016,022$765,877$1,889,269
48$2,521,598$1,007,423$733,150$1,993,458
49$2,718,578$996,564$697,488$2,106,591
50$2,933,753$983,276$658,734$2,229,577
51$3,168,920$967,380$616,725$2,363,422
52$3,426,055$948,687$571,291$2,509,236
53$3,707,336$926,996$522,252$2,668,246
54$4,015,159$902,094$469,423$2,841,806
55$4,352,166$873,757$412,609$3,031,411
56$4,721,262$841,747$351,607$3,238,713
57$5,125,649$805,811$286,204$3,465,536
58$5,568,853$765,682$216,179$3,713,893
59$6,054,755$721,080$141,300$3,986,008
60$6,587,633$671,706$61,326$4,284,335
61$7,172,195$617,244$0$4,611,584
62$7,813,631$557,360$0$4,972,027
63$8,517,655$491,704$0$5,371,259
64$9,290,560$419,902$0$5,809,664
65$10,139,281$341,561$0$6,291,279
66$11,071,455$256,265$0$6,820,560
67$12,095,498$163,576$0$7,402,422
68$13,220,677$63,030$0$8,042,290
69$14,457,205$0$0$8,746,146
70$15,816,331$0$0$9,540,780
71$17,310,450$0$0$10,444,932
72$18,953,216$0$0$11,439,134
73$20,759,672$0$0$12,532,502
74$22,746,394$0$0$13,735,081
75$24,931,642$0$0$15,057,938
76$27,335,537$0$0$16,513,265
77$29,980,247$0$0$18,114,497
78$32,890,196$0$0$19,876,436
79$36,092,296$0$0$21,815,393
80$39,616,201$0$0$23,949,337
81$43,494,583$0$0$26,298,069
82$47,763,442$0$0$28,883,409
83$52,462,445$0$0$31,729,395
84$57,635,301$0$0$34,862,519
85$63,330,172$0$0$38,311,967
86$69,600,126$0$0$42,109,904
87$76,503,639$0$0$46,291,769
88$84,105,146$0$0$50,896,614
89$92,475,647$0$0$55,967,471
90$101,693,381$0$0$61,551,755
91$111,844,558$0$0$67,701,719
92$123,024,176$0$0$74,474,936
93$135,336,917$0$0$81,934,853
94$148,898,131$0$0$90,151,380
95$163,834,931$0$0$99,201,558
96$180,287,384$0$0$109,170,277
97$198,409,837$0$0$120,151,086
98$218,372,374$0$0$132,247,069
99$240,362,420$0$0$145,571,820
100$264,586,506$0$0$160,250,515