Can I retire at age 35 with 942,000?

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 $942,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.3%
1 years$77,789$77,097$76,421$75,761$75,116$73,781
2 years$38,510$37,792$37,097$36,423$35,770$34,429
3 years$25,418$24,698$24,004$23,337$22,694$21,389
4 years$18,874$18,155$17,469$16,813$16,185$14,927
5 years$14,948$14,234$13,557$12,914$12,304$11,096
6 years$12,332$11,623$10,956$10,327$9,736$8,579
7 years$10,464$9,761$9,104$8,491$7,918$6,812
8 years$9,063$8,367$7,721$7,123$6,568$5,515
9 years$7,975$7,285$6,650$6,067$5,532$4,529
10 years$7,104$6,421$5,798$5,230$4,713$3,760
11 years$6,393$5,717$5,104$4,551$4,054$3,149
12 years$5,800$5,131$4,530$3,992$3,513$2,656
13 years$5,299$4,637$4,047$3,525$3,063$2,253
14 years$4,870$4,215$3,636$3,129$2,685$1,920
15 years$4,498$3,850$3,283$2,790$2,364$1,642
16 years$4,173$3,533$2,977$2,498$2,089$1,409
17 years$3,887$3,253$2,709$2,245$1,853$1,213
18 years$3,633$3,006$2,473$2,023$1,647$1,046
19 years$3,406$2,786$2,264$1,828$1,468$904
20 years$3,202$2,589$2,077$1,656$1,312$782
21 years$3,017$2,412$1,911$1,503$1,174$678
22 years$2,850$2,251$1,761$1,366$1,052$589
23 years$2,697$2,105$1,626$1,244$944$511
24 years$2,557$1,973$1,504$1,135$849$445
25 years$2,429$1,851$1,393$1,036$764$387
26 years$2,310$1,740$1,292$948$688$337
27 years$2,201$1,637$1,200$867$620$294
28 years$2,100$1,543$1,115$795$560$256
29 years$2,005$1,456$1,038$729$505$223
30 years$1,918$1,375$967$669$457$195
31 years$1,836$1,299$901$614$413$170
32 years$1,759$1,230$841$564$373$149
33 years$1,687$1,164$785$519$338$130
34 years$1,619$1,104$734$478$306$113
35 years$1,556$1,047$686$440$277$99
36 years$1,496$994$642$405$251$87
37 years$1,440$944$600$373$228$76
38 years$1,386$897$562$344$206$66
39 years$1,336$853$527$317$187$58
40 years$1,288$811$494$292$170$51
41 years$1,242$772$463$270$154$44
42 years$1,199$736$434$249$140$39
43 years$1,158$701$408$230$127$34
44 years$1,119$668$383$212$115$30
45 years$1,082$637$359$196$104$26
46 years$1,047$608$337$181$95$23
47 years$1,013$580$317$167$86$20
48 years$980$554$298$155$78$17
49 years$949$529$280$143$71$15
50 years$920$505$263$132$65$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $942,000, adding $2,686 every year, while hoping to spend $26,067 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: 67/12/21 Blend
34$942,000$942,000$942,000$942,000
35$1,040,855$990,929$976,328$1,104,915
36$1,119,287$1,011,749$981,299$1,169,003
37$1,204,845$1,032,716$985,564$1,235,810
38$1,298,229$1,053,809$989,071$1,308,249
39$1,400,209$1,075,006$991,765$1,386,874
40$1,511,632$1,096,283$993,591$1,472,294
41$1,633,432$1,117,614$994,489$1,565,184
42$1,766,634$1,138,969$994,397$1,666,283
43$1,912,371$1,160,319$993,249$1,776,411
44$2,071,887$1,181,629$990,978$1,896,466
45$2,246,555$1,202,864$987,510$2,027,441
46$2,437,883$1,223,984$982,772$2,170,431
47$2,647,536$1,244,948$976,683$2,326,640
48$2,877,344$1,265,710$969,162$2,497,398
49$3,129,326$1,286,222$960,121$2,684,169
50$3,405,702$1,306,432$949,470$2,888,567
51$3,708,919$1,326,283$937,113$3,112,371
52$4,041,674$1,345,716$922,951$3,357,543
53$4,406,935$1,364,666$906,880$3,626,243
54$4,807,972$1,383,064$888,790$3,920,855
55$5,248,388$1,400,837$868,568$4,244,004
56$5,732,151$1,417,906$846,093$4,598,585
57$6,263,634$1,434,187$821,240$4,987,787
58$6,847,652$1,449,590$793,879$5,415,128
59$7,489,512$1,464,019$763,874$5,884,484
60$8,195,059$1,477,373$731,080$6,400,125
61$8,970,732$1,489,541$695,348$6,966,762
62$9,823,627$1,500,409$656,523$7,589,584
63$10,761,561$1,509,852$614,440$8,274,312
64$11,793,145$1,517,740$568,929$9,027,252
65$12,927,869$1,523,933$519,811$9,855,352
66$14,176,187$1,528,281$466,900$10,766,274
67$15,549,618$1,530,627$410,001$11,768,459
68$17,060,854$1,530,803$348,912$12,871,215
69$18,723,880$1,528,631$283,419$14,084,797
70$20,554,103$1,523,921$213,300$15,420,510
71$22,568,501$1,516,472$138,325$16,890,814
72$24,785,780$1,506,072$58,252$18,509,443
73$27,226,554$1,492,493$0$20,291,531
74$29,913,534$1,475,497$0$22,259,857
75$32,871,748$1,454,830$0$24,441,037
76$36,128,770$1,430,221$0$26,842,332
77$39,714,989$1,401,385$0$29,486,140
78$43,663,885$1,368,021$0$32,397,145
79$48,012,355$1,329,808$0$35,602,548
80$52,801,054$1,286,407$0$39,132,323
81$58,074,780$1,237,459$0$43,019,500
82$63,882,899$1,182,586$0$47,300,480
83$70,279,808$1,121,386$0$52,015,376
84$77,325,448$1,053,434$0$57,208,390
85$85,085,872$978,280$0$62,928,236
86$93,633,866$895,451$0$69,228,593
87$103,049,637$804,444$0$76,168,618
88$113,421,567$704,729$0$83,813,500
89$124,847,051$595,746$0$92,235,078
90$137,433,414$476,901$0$101,512,519
91$151,298,923$347,570$0$111,733,065
92$166,573,904$207,091$0$122,992,858
93$183,401,971$54,768$0$135,397,845
94$201,941,383$0$0$149,064,782
95$222,366,537$0$0$164,136,876
96$244,869,610$0$0$180,750,371
97$269,662,380$0$0$199,054,395
98$296,978,219$0$0$219,221,255
99$327,074,297$0$0$241,440,830
100$360,234,011$0$0$265,922,360