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%11.7%
1 years$77,789$77,097$76,421$75,761$75,116$74,581
2 years$38,510$37,792$37,097$36,423$35,770$35,229
3 years$25,418$24,698$24,004$23,337$22,694$22,166
4 years$18,874$18,155$17,469$16,813$16,185$15,674
5 years$14,948$14,234$13,557$12,914$12,304$11,810
6 years$12,332$11,623$10,956$10,327$9,736$9,260
7 years$10,464$9,761$9,104$8,491$7,918$7,461
8 years$9,063$8,367$7,721$7,123$6,568$6,130
9 years$7,975$7,285$6,650$6,067$5,532$5,112
10 years$7,104$6,421$5,798$5,230$4,713$4,312
11 years$6,393$5,717$5,104$4,551$4,054$3,670
12 years$5,800$5,131$4,530$3,992$3,513$3,147
13 years$5,299$4,637$4,047$3,525$3,063$2,715
14 years$4,870$4,215$3,636$3,129$2,685$2,354
15 years$4,498$3,850$3,283$2,790$2,364$2,049
16 years$4,173$3,533$2,977$2,498$2,089$1,791
17 years$3,887$3,253$2,709$2,245$1,853$1,569
18 years$3,633$3,006$2,473$2,023$1,647$1,379
19 years$3,406$2,786$2,264$1,828$1,468$1,214
20 years$3,202$2,589$2,077$1,656$1,312$1,072
21 years$3,017$2,412$1,911$1,503$1,174$947
22 years$2,850$2,251$1,761$1,366$1,052$838
23 years$2,697$2,105$1,626$1,244$944$743
24 years$2,557$1,973$1,504$1,135$849$659
25 years$2,429$1,851$1,393$1,036$764$586
26 years$2,310$1,740$1,292$948$688$521
27 years$2,201$1,637$1,200$867$620$463
28 years$2,100$1,543$1,115$795$560$412
29 years$2,005$1,456$1,038$729$505$367
30 years$1,918$1,375$967$669$457$328
31 years$1,836$1,299$901$614$413$292
32 years$1,759$1,230$841$564$373$261
33 years$1,687$1,164$785$519$338$233
34 years$1,619$1,104$734$478$306$208
35 years$1,556$1,047$686$440$277$185
36 years$1,496$994$642$405$251$166
37 years$1,440$944$600$373$228$148
38 years$1,386$897$562$344$206$132
39 years$1,336$853$527$317$187$118
40 years$1,288$811$494$292$170$106
41 years$1,242$772$463$270$154$94
42 years$1,199$736$434$249$140$84
43 years$1,158$701$408$230$127$76
44 years$1,119$668$383$212$115$68
45 years$1,082$637$359$196$104$60
46 years$1,047$608$337$181$95$54
47 years$1,013$580$317$167$86$48
48 years$980$554$298$155$78$43
49 years$949$529$280$143$71$39
50 years$920$505$263$132$65$35

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $942,000, adding $5,469 every year, while hoping to spend $51,627 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: 66/20/14 Blend
34$942,000$942,000$942,000$942,000
35$1,043,725$993,799$979,198$1,108,840
36$1,095,255$987,565$957,071$1,146,764
37$1,150,309$979,294$932,472$1,181,654
38$1,209,195$968,834$905,263$1,218,497
39$1,272,246$956,020$875,303$1,257,483
40$1,339,829$940,679$842,440$1,298,819
41$1,412,347$922,627$806,516$1,342,738
42$1,490,241$901,671$767,369$1,389,496
43$1,573,996$877,603$724,827$1,439,379
44$1,664,144$850,206$678,709$1,492,700
45$1,761,270$819,249$628,829$1,549,811
46$1,866,015$784,488$574,990$1,611,099
47$1,979,085$745,664$516,988$1,676,992
48$2,101,253$702,504$454,610$1,747,966
49$2,233,373$654,718$387,631$1,824,548
50$2,376,379$602,001$315,819$1,907,321
51$2,531,301$544,031$238,929$1,996,930
52$2,699,270$480,464$156,709$2,094,090
53$2,881,529$410,940$68,893$2,199,591
54$3,079,447$335,079$0$2,314,308
55$3,294,529$252,476$0$2,442,919
56$3,528,430$162,706$0$2,594,011
57$3,782,971$65,320$0$2,758,510
58$4,060,157$0$0$2,937,775
59$4,362,192$0$0$3,142,142
60$4,691,504$0$0$3,380,694
61$5,050,764$0$0$3,640,998
62$5,442,910$0$0$3,925,189
63$5,871,180$0$0$4,235,622
64$6,339,136$0$0$4,574,886
65$6,850,701$0$0$4,945,832
66$7,410,191$0$0$5,351,601
67$8,022,362$0$0$5,795,649
68$8,692,449$0$0$6,281,782
69$9,426,216$0$0$6,814,193
70$10,230,013$0$0$7,397,498
71$11,110,830$0$0$8,036,779
72$12,076,368$0$0$8,737,637
73$13,135,105$0$0$9,506,237
74$14,296,382$0$0$10,349,371
75$15,570,487$0$0$11,274,519
76$16,968,751$0$0$12,289,923
77$18,503,655$0$0$13,404,658
78$20,188,948$0$0$14,628,722
79$22,039,775$0$0$15,973,130
80$24,072,820$0$0$17,450,014
81$26,306,464$0$0$19,072,741
82$28,760,952$0$0$20,856,035
83$31,458,593$0$0$22,816,118
84$34,423,959$0$0$24,970,861
85$37,684,126$0$0$27,339,954
86$41,268,920$0$0$29,945,091
87$45,211,205$0$0$32,810,169
88$49,547,189$0$0$35,961,522
89$54,316,762$0$0$39,428,161
90$59,563,879$0$0$43,242,053
91$65,336,966$0$0$47,438,416
92$71,689,381$0$0$52,056,057
93$78,679,916$0$0$57,137,733
94$86,373,350$0$0$62,730,557
95$94,841,058$0$0$68,886,440
96$104,161,687$0$0$75,662,579
97$114,421,897$0$0$83,122,001
98$125,717,173$0$0$91,334,153
99$138,152,730$0$0$100,375,555
100$151,844,506$0$0$110,330,528