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%17.6%
1 years$77,872$77,178$76,502$75,841$75,196$72,877
2 years$38,551$37,833$37,137$36,462$35,808$33,491
3 years$25,445$24,724$24,030$23,362$22,718$20,477
4 years$18,894$18,175$17,488$16,831$16,203$14,054
5 years$14,964$14,249$13,571$12,928$12,317$10,267
6 years$12,345$11,636$10,967$10,338$9,746$7,797
7 years$10,475$9,772$9,114$8,500$7,926$6,077
8 years$9,073$8,376$7,729$7,130$6,575$4,825
9 years$7,983$7,293$6,657$6,073$5,537$3,884
10 years$7,112$6,428$5,804$5,235$4,718$3,160
11 years$6,399$5,723$5,110$4,556$4,058$2,591
12 years$5,806$5,136$4,535$3,996$3,516$2,139
13 years$5,305$4,642$4,052$3,528$3,066$1,775
14 years$4,875$4,219$3,640$3,132$2,688$1,478
15 years$4,503$3,854$3,287$2,793$2,367$1,236
16 years$4,178$3,536$2,980$2,501$2,092$1,036
17 years$3,891$3,257$2,712$2,247$1,855$870
18 years$3,637$3,009$2,475$2,025$1,649$733
19 years$3,409$2,789$2,266$1,830$1,470$618
20 years$3,205$2,592$2,080$1,657$1,313$522
21 years$3,020$2,414$1,913$1,504$1,175$441
22 years$2,853$2,254$1,763$1,368$1,053$373
23 years$2,700$2,108$1,628$1,245$945$316
24 years$2,560$1,975$1,505$1,136$850$267
25 years$2,431$1,853$1,394$1,037$765$227
26 years$2,313$1,742$1,293$949$689$192
27 years$2,203$1,639$1,201$868$621$163
28 years$2,102$1,545$1,116$795$560$138
29 years$2,007$1,457$1,039$729$506$118
30 years$1,920$1,376$968$669$457$100
31 years$1,837$1,301$902$615$413$85
32 years$1,761$1,231$842$565$374$72
33 years$1,689$1,166$786$520$338$61
34 years$1,621$1,105$734$478$306$52
35 years$1,558$1,048$687$440$277$44
36 years$1,498$995$642$405$251$38
37 years$1,441$945$601$373$228$32
38 years$1,388$898$563$344$207$27
39 years$1,337$854$527$317$187$23
40 years$1,289$812$494$293$170$20
41 years$1,244$773$464$270$154$17
42 years$1,201$736$435$249$140$14
43 years$1,160$702$408$230$127$12
44 years$1,120$669$383$212$115$10
45 years$1,083$638$360$196$105$9
46 years$1,048$608$338$181$95$7
47 years$1,014$581$317$167$86$6
48 years$981$554$298$155$78$5
49 years$950$529$280$143$71$5
50 years$921$506$263$132$65$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $943,000, adding $5,379 every year, while hoping to spend $27,311 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: 33/46/21 Blend
34$943,000$943,000$943,000$943,000
35$1,044,734$994,755$980,139$1,072,311
36$1,122,239$1,014,440$983,915$1,113,003
37$1,206,733$1,034,173$986,902$1,153,958
38$1,298,901$1,053,930$989,045$1,197,534
39$1,399,497$1,073,680$990,286$1,243,978
40$1,509,349$1,093,394$990,564$1,293,563
41$1,629,370$1,113,037$989,815$1,346,592
42$1,760,564$1,132,574$987,971$1,403,396
43$1,904,037$1,151,965$984,964$1,464,346
44$2,061,007$1,171,170$980,719$1,529,847
45$2,232,815$1,190,142$975,158$1,600,349
46$2,420,937$1,208,834$968,201$1,676,348
47$2,626,999$1,227,194$959,762$1,758,392
48$2,852,793$1,245,166$949,754$1,847,085
49$3,100,289$1,262,691$938,082$1,943,096
50$3,371,660$1,279,704$924,649$2,047,164
51$3,669,297$1,296,138$909,353$2,160,102
52$3,995,837$1,311,919$892,087$2,282,812
53$4,354,179$1,326,971$872,740$2,416,286
54$4,747,522$1,341,209$851,193$2,561,621
55$5,179,386$1,354,545$827,325$2,720,029
56$5,653,650$1,366,885$801,007$2,892,846
57$6,174,588$1,378,127$772,105$3,081,550
58$6,746,905$1,388,164$740,480$3,287,769
59$7,375,787$1,396,882$705,984$3,513,303
60$8,066,947$1,404,159$668,465$3,760,138
61$8,826,679$1,409,867$627,762$4,030,463
62$9,661,916$1,413,866$583,707$4,326,700
63$10,580,297$1,416,011$536,127$4,651,516
64$11,590,238$1,416,146$484,838$5,007,859
65$12,701,012$1,414,107$429,650$5,398,979
66$13,922,835$1,409,717$370,363$5,828,464
67$15,266,962$1,402,792$306,768$6,300,272
68$16,745,797$1,393,133$238,649$6,818,772
69$18,373,003$1,380,532$165,779$7,388,782
70$20,163,637$1,364,765$87,920$8,015,619
71$22,134,289$1,345,599$4,826$8,705,149
72$24,303,236$1,322,784$0$9,463,844
73$26,690,620$1,296,054$0$10,317,629
74$29,318,634$1,265,132$0$11,257,968
75$32,211,731$1,229,719$0$12,292,526
76$35,396,856$1,189,503$0$13,430,951
77$38,903,698$1,144,152$0$14,683,879
78$42,764,974$1,093,314$0$16,063,037
79$47,016,732$1,036,618$0$17,581,355
80$51,698,697$973,669$0$19,253,089
81$56,854,638$904,054$0$21,093,955
82$62,532,790$827,332$0$23,121,282
83$68,786,302$743,038$0$25,354,173
84$75,673,739$650,681$0$27,813,688
85$83,259,639$549,743$0$30,523,045
86$91,615,117$439,675$0$33,507,843
87$100,818,538$319,898$0$36,796,298
88$110,956,256$189,800$0$40,419,519
89$122,123,430$48,736$0$44,411,797
90$134,424,918$0$0$48,810,938
91$147,976,273$0$0$53,711,246
92$162,904,827$0$0$59,136,957
93$179,350,895$0$0$65,114,426
94$197,469,099$0$0$71,699,880
95$217,429,830$0$0$78,955,280
96$239,420,850$0$0$86,948,903
97$263,649,069$0$0$95,755,993
98$290,342,496$0$0$105,459,461
99$319,752,390$0$0$116,150,679
100$352,155,636$0$0$127,930,334