Can I retire at age 35 with 942,000?

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 $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%12.8%
1 years$77,789$77,097$76,421$75,761$75,116$74,239
2 years$38,510$37,792$37,097$36,423$35,770$34,887
3 years$25,418$24,698$24,004$23,337$22,694$21,833
4 years$18,874$18,155$17,469$16,813$16,185$15,353
5 years$14,948$14,234$13,557$12,914$12,304$11,502
6 years$12,332$11,623$10,956$10,327$9,736$8,965
7 years$10,464$9,761$9,104$8,491$7,918$7,179
8 years$9,063$8,367$7,721$7,123$6,568$5,862
9 years$7,975$7,285$6,650$6,067$5,532$4,857
10 years$7,104$6,421$5,798$5,230$4,713$4,070
11 years$6,393$5,717$5,104$4,551$4,054$3,441
12 years$5,800$5,131$4,530$3,992$3,513$2,930
13 years$5,299$4,637$4,047$3,525$3,063$2,510
14 years$4,870$4,215$3,636$3,129$2,685$2,160
15 years$4,498$3,850$3,283$2,790$2,364$1,867
16 years$4,173$3,533$2,977$2,498$2,089$1,619
17 years$3,887$3,253$2,709$2,245$1,853$1,408
18 years$3,633$3,006$2,473$2,023$1,647$1,228
19 years$3,406$2,786$2,264$1,828$1,468$1,073
20 years$3,202$2,589$2,077$1,656$1,312$939
21 years$3,017$2,412$1,911$1,503$1,174$823
22 years$2,850$2,251$1,761$1,366$1,052$723
23 years$2,697$2,105$1,626$1,244$944$635
24 years$2,557$1,973$1,504$1,135$849$559
25 years$2,429$1,851$1,393$1,036$764$492
26 years$2,310$1,740$1,292$948$688$434
27 years$2,201$1,637$1,200$867$620$383
28 years$2,100$1,543$1,115$795$560$338
29 years$2,005$1,456$1,038$729$505$298
30 years$1,918$1,375$967$669$457$263
31 years$1,836$1,299$901$614$413$233
32 years$1,759$1,230$841$564$373$206
33 years$1,687$1,164$785$519$338$182
34 years$1,619$1,104$734$478$306$161
35 years$1,556$1,047$686$440$277$142
36 years$1,496$994$642$405$251$126
37 years$1,440$944$600$373$228$112
38 years$1,386$897$562$344$206$99
39 years$1,336$853$527$317$187$87
40 years$1,288$811$494$292$170$77
41 years$1,242$772$463$270$154$69
42 years$1,199$736$434$249$140$61
43 years$1,158$701$408$230$127$54
44 years$1,119$668$383$212$115$48
45 years$1,082$637$359$196$104$42
46 years$1,047$608$337$181$95$37
47 years$1,013$580$317$167$86$33
48 years$980$554$298$155$78$29
49 years$949$529$280$143$71$26
50 years$920$505$263$132$65$23

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $942,000, adding $2,197 every year, while hoping to spend $31,119 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: 54/17/29 Blend
34$942,000$942,000$942,000$942,000
35$1,040,350$990,424$975,823$1,088,017
36$1,113,356$1,005,845$975,403$1,136,672
37$1,192,764$1,020,978$973,926$1,186,259
38$1,279,197$1,035,776$971,323$1,239,631
39$1,373,336$1,050,191$967,523$1,297,164
40$1,475,933$1,064,166$962,452$1,359,273
41$1,587,814$1,077,646$956,030$1,426,417
42$1,709,889$1,090,569$948,174$1,499,100
43$1,843,159$1,102,868$938,800$1,577,882
44$1,988,727$1,114,474$927,815$1,663,379
45$2,147,806$1,125,312$915,126$1,756,271
46$2,321,732$1,135,303$900,633$1,857,310
47$2,511,977$1,144,360$884,232$1,967,324
48$2,720,159$1,152,395$865,814$2,087,229
49$2,948,063$1,159,310$845,267$2,218,036
50$3,197,653$1,165,003$822,470$2,360,858
51$3,471,090$1,169,365$797,299$2,516,927
52$3,770,757$1,172,279$769,625$2,687,600
53$4,099,277$1,173,624$739,310$2,874,375
54$4,459,539$1,173,267$706,213$3,078,905
55$4,854,725$1,171,070$670,184$3,303,016
56$5,288,340$1,166,886$631,068$3,548,719
57$5,764,244$1,160,557$588,702$3,818,235
58$6,286,690$1,151,917$542,917$4,114,015
59$6,860,362$1,140,791$493,534$4,438,762
60$7,490,420$1,126,991$440,369$4,795,457
61$8,182,549$1,110,319$383,227$5,187,390
62$8,943,009$1,090,565$321,906$5,618,189
63$9,778,701$1,067,508$256,195$6,091,857
64$10,697,224$1,040,911$185,873$6,612,809
65$11,706,951$1,010,526$110,709$7,185,912
66$12,817,106$976,087$30,464$7,816,539
67$14,037,852$937,317$0$8,510,611
68$15,380,387$893,919$0$9,291,733
69$16,857,046$845,581$0$10,161,206
70$18,481,423$791,972$0$11,117,622
71$20,268,491$732,743$0$12,169,830
72$22,234,753$667,523$0$13,327,582
73$24,398,388$595,921$0$14,601,628
74$26,779,428$517,526$0$16,003,812
75$29,399,944$431,899$0$17,547,191
76$32,284,257$338,581$0$19,246,155
77$35,459,165$237,085$0$21,116,562
78$38,954,193$126,895$0$23,175,890
79$42,801,876$7,469$0$25,443,403
80$47,038,066$0$0$27,940,331
81$51,702,265$0$0$30,712,852
82$56,838,001$0$0$33,767,321
83$62,493,238$0$0$37,130,881
84$68,720,829$0$0$40,834,981
85$75,579,013$0$0$44,914,278
86$83,131,964$0$0$49,406,958
87$91,450,398$0$0$54,355,101
88$100,612,241$0$0$59,805,076
89$110,703,360$0$0$65,807,980
90$121,818,376$0$0$72,420,119
91$134,061,556$0$0$79,703,536
92$147,547,799$0$0$87,726,605
93$162,403,715$0$0$96,564,665
94$178,768,825$0$0$106,300,741
95$196,796,874$0$0$117,026,320
96$216,657,284$0$0$128,842,220
97$238,536,749$0$0$141,859,538
98$262,641,004$0$0$156,200,697
99$289,196,758$0$0$172,000,606
100$318,453,839$0$0$189,407,930