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%18.3%
1 years$77,707$77,015$76,339$75,680$75,037$72,519
2 years$38,469$37,752$37,058$36,385$35,732$33,220
3 years$25,391$24,672$23,979$23,312$22,670$20,243
4 years$18,854$18,136$17,451$16,795$16,168$13,844
5 years$14,932$14,219$13,542$12,900$12,291$10,077
6 years$12,319$11,611$10,944$10,316$9,725$7,623
7 years$10,453$9,751$9,095$8,482$7,909$5,918
8 years$9,054$8,358$7,713$7,115$6,562$4,679
9 years$7,966$7,277$6,643$6,060$5,526$3,751
10 years$7,097$6,415$5,792$5,224$4,708$3,038
11 years$6,386$5,711$5,099$4,547$4,049$2,480
12 years$5,794$5,125$4,525$3,988$3,509$2,038
13 years$5,293$4,632$4,043$3,521$3,060$1,682
14 years$4,865$4,210$3,633$3,125$2,682$1,395
15 years$4,493$3,846$3,280$2,787$2,362$1,160
16 years$4,169$3,529$2,974$2,496$2,087$968
17 years$3,883$3,250$2,706$2,242$1,851$809
18 years$3,629$3,003$2,470$2,021$1,646$677
19 years$3,402$2,783$2,261$1,826$1,467$568
20 years$3,198$2,586$2,075$1,654$1,310$477
21 years$3,014$2,409$1,909$1,501$1,172$401
22 years$2,847$2,249$1,759$1,365$1,051$337
23 years$2,694$2,103$1,624$1,243$943$284
24 years$2,554$1,971$1,502$1,134$848$239
25 years$2,426$1,849$1,391$1,035$763$202
26 years$2,308$1,738$1,290$947$687$170
27 years$2,199$1,636$1,198$866$620$144
28 years$2,097$1,541$1,114$794$559$121
29 years$2,003$1,454$1,037$728$505$102
30 years$1,915$1,373$966$668$456$86
31 years$1,834$1,298$900$614$412$73
32 years$1,757$1,228$840$564$373$62
33 years$1,685$1,163$784$519$338$52
34 years$1,618$1,102$733$477$306$44
35 years$1,554$1,046$685$439$277$37
36 years$1,495$992$641$404$251$31
37 years$1,438$943$600$373$227$27
38 years$1,385$896$562$344$206$22
39 years$1,334$852$526$317$187$19
40 years$1,286$810$493$292$170$16
41 years$1,241$771$463$270$154$14
42 years$1,198$735$434$249$140$11
43 years$1,157$700$407$230$127$10
44 years$1,118$667$382$212$115$8
45 years$1,081$636$359$196$104$7
46 years$1,045$607$337$181$95$6
47 years$1,012$579$317$167$86$5
48 years$979$553$298$154$78$4
49 years$948$528$280$143$71$4
50 years$919$504$263$132$64$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $941,000, adding $4,208 every year, while hoping to spend $45,125 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: 34/38/28 Blend
34$941,000$941,000$941,000$941,000
35$1,041,323$991,450$976,864$1,067,787
36$1,099,525$992,018$961,576$1,088,679
37$1,162,151$991,102$944,264$1,106,863
38$1,229,606$988,581$924,812$1,125,601
39$1,302,331$984,327$903,099$1,144,971
40$1,380,815$978,205$878,998$1,165,067
41$1,465,592$970,070$852,379$1,185,993
42$1,557,250$959,772$823,101$1,207,868
43$1,656,435$947,146$791,021$1,230,829
44$1,763,858$932,023$755,987$1,255,030
45$1,880,300$914,221$717,841$1,280,645
46$2,006,620$893,547$676,418$1,307,871
47$2,143,762$869,797$631,544$1,336,933
48$2,292,765$842,757$583,041$1,368,080
49$2,454,772$812,197$530,718$1,401,595
50$2,631,041$777,877$474,379$1,437,797
51$2,822,954$739,540$413,817$1,477,042
52$3,032,034$696,916$348,819$1,519,732
53$3,259,956$649,720$279,159$1,566,313
54$3,508,564$597,648$204,603$1,617,291
55$3,779,887$540,382$124,907$1,673,226
56$4,076,158$477,584$39,814$1,734,747
57$4,399,837$408,896$0$1,802,556
58$4,753,630$333,942$0$1,892,672
59$5,140,518$252,322$0$2,004,417
60$5,563,782$163,617$0$2,126,947
61$6,027,036$67,382$0$2,261,435
62$6,534,257$0$0$2,409,187
63$7,089,827$0$0$2,587,053
64$7,698,571$0$0$2,812,953
65$8,365,804$0$0$3,060,698
66$9,097,376$0$0$3,332,478
67$9,899,733$0$0$3,630,708
68$10,779,976$0$0$3,958,044
69$11,745,923$0$0$4,317,413
70$12,806,188$0$0$4,712,042
71$13,970,259$0$0$5,145,481
72$15,248,587$0$0$5,621,645
73$16,652,685$0$0$6,144,844
74$18,195,237$0$0$6,719,827
75$19,890,214$0$0$7,351,828
76$21,753,009$0$0$8,046,610
77$23,800,581$0$0$8,810,524
78$26,051,610$0$0$9,650,567
79$28,526,681$0$0$10,574,448
80$31,248,470$0$0$11,590,659
81$34,241,962$0$0$12,708,558
82$37,534,683$0$0$13,938,457
83$41,156,963$0$0$15,291,714
84$45,142,219$0$0$16,780,847
85$49,527,269$0$0$18,419,647
86$54,352,681$0$0$20,223,309
87$59,663,155$0$0$22,208,579
88$65,507,941$0$0$24,393,904
89$71,941,310$0$0$26,799,614
90$79,023,055$0$0$29,448,109
91$86,819,066$0$0$32,364,071
92$95,401,944$0$0$35,574,696
93$104,851,686$0$0$39,109,955
94$115,256,443$0$0$43,002,869
95$126,713,346$0$0$47,289,827
96$139,329,426$0$0$52,010,925
97$153,222,623$0$0$57,210,348
98$168,522,897$0$0$62,936,783
99$185,373,453$0$0$69,243,880
100$203,932,094$0$0$76,190,758