Can I retire at age 35 with 943,000?

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 $943,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.4%
1 years$77,872$77,178$76,502$75,841$75,196$74,134
2 years$38,551$37,833$37,137$36,462$35,808$34,739
3 years$25,445$24,724$24,030$23,362$22,718$21,677
4 years$18,894$18,175$17,488$16,831$16,203$15,197
5 years$14,964$14,249$13,571$12,928$12,317$11,349
6 years$12,345$11,636$10,967$10,338$9,746$8,818
7 years$10,475$9,772$9,114$8,500$7,926$7,038
8 years$9,073$8,376$7,729$7,130$6,575$5,727
9 years$7,983$7,293$6,657$6,073$5,537$4,728
10 years$7,112$6,428$5,804$5,235$4,718$3,947
11 years$6,399$5,723$5,110$4,556$4,058$3,325
12 years$5,806$5,136$4,535$3,996$3,516$2,820
13 years$5,305$4,642$4,052$3,528$3,066$2,406
14 years$4,875$4,219$3,640$3,132$2,688$2,063
15 years$4,503$3,854$3,287$2,793$2,367$1,776
16 years$4,178$3,536$2,980$2,501$2,092$1,533
17 years$3,891$3,257$2,712$2,247$1,855$1,328
18 years$3,637$3,009$2,475$2,025$1,649$1,153
19 years$3,409$2,789$2,266$1,830$1,470$1,003
20 years$3,205$2,592$2,080$1,657$1,313$874
21 years$3,020$2,414$1,913$1,504$1,175$763
22 years$2,853$2,254$1,763$1,368$1,053$667
23 years$2,700$2,108$1,628$1,245$945$583
24 years$2,560$1,975$1,505$1,136$850$511
25 years$2,431$1,853$1,394$1,037$765$448
26 years$2,313$1,742$1,293$949$689$393
27 years$2,203$1,639$1,201$868$621$345
28 years$2,102$1,545$1,116$795$560$303
29 years$2,007$1,457$1,039$729$506$266
30 years$1,920$1,376$968$669$457$234
31 years$1,837$1,301$902$615$413$206
32 years$1,761$1,231$842$565$374$181
33 years$1,689$1,166$786$520$338$159
34 years$1,621$1,105$734$478$306$140
35 years$1,558$1,048$687$440$277$123
36 years$1,498$995$642$405$251$109
37 years$1,441$945$601$373$228$96
38 years$1,388$898$563$344$207$84
39 years$1,337$854$527$317$187$74
40 years$1,289$812$494$293$170$65
41 years$1,244$773$464$270$154$58
42 years$1,201$736$435$249$140$51
43 years$1,160$702$408$230$127$45
44 years$1,120$669$383$212$115$39
45 years$1,083$638$360$196$105$35
46 years$1,048$608$338$181$95$31
47 years$1,014$581$317$167$86$27
48 years$981$554$298$155$78$24
49 years$950$529$280$143$71$21
50 years$921$506$263$132$65$19

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $943,000, adding $3,055 every year, while hoping to spend $31,807 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: 37/40/23 Blend
34$943,000$943,000$943,000$943,000
35$1,042,337$992,358$977,742$1,073,605
36$1,114,813$1,007,141$976,654$1,111,507
37$1,193,616$1,021,583$974,463$1,149,246
38$1,279,356$1,035,632$971,100$1,189,374
39$1,372,709$1,049,236$966,489$1,232,123
40$1,474,413$1,062,336$960,554$1,277,754
41$1,585,283$1,074,872$953,214$1,326,554
42$1,706,218$1,086,776$944,382$1,378,841
43$1,838,205$1,097,980$933,971$1,434,967
44$1,982,329$1,108,409$921,887$1,495,321
45$2,139,788$1,117,982$908,031$1,560,336
46$2,311,898$1,126,615$892,302$1,630,487
47$2,500,110$1,134,218$874,592$1,706,304
48$2,706,020$1,140,693$854,790$1,788,369
49$2,931,386$1,145,939$832,778$1,877,329
50$3,178,144$1,149,847$808,432$1,973,899
51$3,448,426$1,152,301$781,626$2,078,868
52$3,744,579$1,153,177$752,224$2,193,111
53$4,069,189$1,152,345$720,086$2,317,592
54$4,425,102$1,149,666$685,065$2,453,382
55$4,815,456$1,144,993$647,008$2,601,659
56$5,243,704$1,138,170$605,755$2,763,728
57$5,713,652$1,129,030$561,137$2,941,032
58$6,229,489$1,117,397$512,980$3,135,165
59$6,795,833$1,103,085$461,101$3,347,886
60$7,417,768$1,085,896$405,308$3,581,140
61$8,100,896$1,065,622$345,402$3,837,078
62$8,851,389$1,042,038$281,174$4,118,071
63$9,676,044$1,014,912$212,407$4,426,743
64$10,582,352$983,994$138,874$4,765,989
65$11,578,562$949,020$60,336$5,139,005
66$12,673,765$909,712$0$5,549,323
67$13,877,976$865,774$0$6,006,602
68$15,202,229$816,896$0$6,525,562
69$16,658,679$762,747$0$7,096,198
70$18,260,720$702,978$0$7,723,823
71$20,023,110$637,220$0$8,414,299
72$21,962,107$565,083$0$9,174,092
73$24,095,626$486,156$0$10,010,333
74$26,443,405$400,003$0$10,930,887
75$29,027,194$306,165$0$11,944,428
76$31,870,955$204,155$0$13,060,523
77$35,001,095$93,461$0$14,289,723
78$38,446,707$0$0$15,643,662
79$42,239,849$0$0$17,146,817
80$46,415,847$0$0$18,847,143
81$51,013,624$0$0$20,719,369
82$56,076,069$0$0$22,780,981
83$61,650,445$0$0$25,051,248
84$67,788,827$0$0$27,551,399
85$74,548,601$0$0$30,304,832
86$81,992,998$0$0$33,337,324
87$90,191,699$0$0$36,677,286
88$99,221,482$0$0$40,356,019
89$109,166,955$0$0$44,408,019
90$120,121,350$0$0$48,871,297
91$132,187,404$0$0$53,787,740
92$145,478,326$0$0$59,203,504
93$160,118,868$0$0$65,169,453
94$176,246,500$0$0$71,741,635
95$194,012,710$0$0$78,981,815
96$213,584,428$0$0$86,958,052
97$235,145,608$0$0$95,745,348
98$258,898,958$0$0$105,426,352
99$285,067,858$0$0$116,092,141
100$313,898,464$0$0$127,843,077