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%14.6%
1 years$77,789$77,097$76,421$75,761$75,116$73,690
2 years$38,510$37,792$37,097$36,423$35,770$34,338
3 years$25,418$24,698$24,004$23,337$22,694$21,302
4 years$18,874$18,155$17,469$16,813$16,185$14,844
5 years$14,948$14,234$13,557$12,914$12,304$11,016
6 years$12,332$11,623$10,956$10,327$9,736$8,504
7 years$10,464$9,761$9,104$8,491$7,918$6,741
8 years$9,063$8,367$7,721$7,123$6,568$5,448
9 years$7,975$7,285$6,650$6,067$5,532$4,466
10 years$7,104$6,421$5,798$5,230$4,713$3,701
11 years$6,393$5,717$5,104$4,551$4,054$3,094
12 years$5,800$5,131$4,530$3,992$3,513$2,604
13 years$5,299$4,637$4,047$3,525$3,063$2,205
14 years$4,870$4,215$3,636$3,129$2,685$1,875
15 years$4,498$3,850$3,283$2,790$2,364$1,600
16 years$4,173$3,533$2,977$2,498$2,089$1,371
17 years$3,887$3,253$2,709$2,245$1,853$1,177
18 years$3,633$3,006$2,473$2,023$1,647$1,013
19 years$3,406$2,786$2,264$1,828$1,468$873
20 years$3,202$2,589$2,077$1,656$1,312$754
21 years$3,017$2,412$1,911$1,503$1,174$652
22 years$2,850$2,251$1,761$1,366$1,052$565
23 years$2,697$2,105$1,626$1,244$944$490
24 years$2,557$1,973$1,504$1,135$849$425
25 years$2,429$1,851$1,393$1,036$764$369
26 years$2,310$1,740$1,292$948$688$320
27 years$2,201$1,637$1,200$867$620$279
28 years$2,100$1,543$1,115$795$560$242
29 years$2,005$1,456$1,038$729$505$211
30 years$1,918$1,375$967$669$457$183
31 years$1,836$1,299$901$614$413$160
32 years$1,759$1,230$841$564$373$139
33 years$1,687$1,164$785$519$338$121
34 years$1,619$1,104$734$478$306$106
35 years$1,556$1,047$686$440$277$92
36 years$1,496$994$642$405$251$80
37 years$1,440$944$600$373$228$70
38 years$1,386$897$562$344$206$61
39 years$1,336$853$527$317$187$53
40 years$1,288$811$494$292$170$46
41 years$1,242$772$463$270$154$40
42 years$1,199$736$434$249$140$35
43 years$1,158$701$408$230$127$31
44 years$1,119$668$383$212$115$27
45 years$1,082$637$359$196$104$23
46 years$1,047$608$337$181$95$20
47 years$1,013$580$317$167$86$18
48 years$980$554$298$155$78$16
49 years$949$529$280$143$71$14
50 years$920$505$263$132$65$12

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $942,000, adding $2,522 every year, while hoping to spend $40,452 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: 44/40/16 Blend
34$942,000$942,000$942,000$942,000
35$1,040,685$990,759$976,158$1,081,566
36$1,103,795$996,266$965,819$1,115,955
37$1,171,985$1,000,687$953,778$1,148,978
38$1,245,733$1,003,925$939,934$1,183,904
39$1,325,560$1,005,880$924,185$1,220,927
40$1,412,042$1,006,443$906,420$1,260,263
41$1,505,810$1,005,499$886,524$1,302,150
42$1,607,559$1,002,925$864,379$1,346,855
43$1,718,054$998,591$839,860$1,394,673
44$1,838,134$992,361$812,834$1,445,932
45$1,968,726$984,088$783,165$1,500,997
46$2,110,845$973,618$750,710$1,560,273
47$2,265,611$960,785$715,320$1,624,208
48$2,434,257$945,417$676,836$1,693,302
49$2,618,137$927,329$635,096$1,768,108
50$2,818,745$906,325$589,929$1,849,238
51$3,037,721$882,200$541,156$1,937,373
52$3,276,874$854,733$488,590$2,033,267
53$3,538,193$823,693$432,037$2,137,755
54$3,823,871$788,836$371,291$2,251,764
55$4,136,317$749,901$306,142$2,376,318
56$4,478,190$706,614$236,366$2,512,555
57$4,852,412$658,685$161,731$2,661,731
58$5,262,205$605,807$81,996$2,825,241
59$5,711,114$547,656$0$3,004,625
60$6,203,046$483,889$0$3,202,118
61$6,742,300$414,143$0$3,434,054
62$7,333,614$338,036$0$3,688,554
63$7,982,206$255,163$0$3,967,980
64$8,693,822$165,096$0$4,274,937
65$9,474,791$67,386$0$4,612,306
66$10,332,087$0$0$4,983,267
67$11,273,389$0$0$5,408,254
68$12,307,159$0$0$5,907,681
69$13,442,715$0$0$6,456,405
70$14,690,325$0$0$7,059,403
71$16,061,299$0$0$7,722,156
72$17,568,098$0$0$8,450,705
73$19,224,450$0$0$9,251,704
74$21,045,479$0$0$10,132,485
75$23,047,847$0$0$11,101,123
76$25,249,912$0$0$12,166,520
77$27,671,900$0$0$13,338,479
78$30,336,096$0$0$14,627,803
79$33,267,052$0$0$16,046,396
80$36,491,820$0$0$17,607,371
81$40,040,208$0$0$19,325,180
82$43,945,058$0$0$21,215,743
83$48,242,556$0$0$23,296,606
84$52,972,574$0$0$25,587,097
85$58,179,046$0$0$28,108,516
86$63,910,382$0$0$30,884,334
87$70,219,922$0$0$33,940,411
88$77,166,441$0$0$37,305,243
89$84,814,703$0$0$41,010,229
90$93,236,074$0$0$45,089,969
91$102,509,187$0$0$49,582,589
92$112,720,694$0$0$54,530,099
93$123,966,074$0$0$59,978,793
94$136,350,542$0$0$65,979,682
95$149,990,032$0$0$72,588,978
96$165,012,301$0$0$79,868,623
97$181,558,124$0$0$87,886,872
98$199,782,630$0$0$96,718,939
99$219,856,762$0$0$106,447,706
100$241,968,888$0$0$117,164,507