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%15.6%
1 years$77,872$77,178$76,502$75,841$75,196$73,468
2 years$38,551$37,833$37,137$36,462$35,808$34,076
3 years$25,445$24,724$24,030$23,362$22,718$21,037
4 years$18,894$18,175$17,488$16,831$16,203$14,585
5 years$14,964$14,249$13,571$12,928$12,317$10,768
6 years$12,345$11,636$10,967$10,338$9,746$8,267
7 years$10,475$9,772$9,114$8,500$7,926$6,517
8 years$9,073$8,376$7,729$7,130$6,575$5,236
9 years$7,983$7,293$6,657$6,073$5,537$4,266
10 years$7,112$6,428$5,804$5,235$4,718$3,514
11 years$6,399$5,723$5,110$4,556$4,058$2,919
12 years$5,806$5,136$4,535$3,996$3,516$2,441
13 years$5,305$4,642$4,052$3,528$3,066$2,053
14 years$4,875$4,219$3,640$3,132$2,688$1,734
15 years$4,503$3,854$3,287$2,793$2,367$1,470
16 years$4,178$3,536$2,980$2,501$2,092$1,250
17 years$3,891$3,257$2,712$2,247$1,855$1,065
18 years$3,637$3,009$2,475$2,025$1,649$910
19 years$3,409$2,789$2,266$1,830$1,470$779
20 years$3,205$2,592$2,080$1,657$1,313$668
21 years$3,020$2,414$1,913$1,504$1,175$573
22 years$2,853$2,254$1,763$1,368$1,053$493
23 years$2,700$2,108$1,628$1,245$945$424
24 years$2,560$1,975$1,505$1,136$850$365
25 years$2,431$1,853$1,394$1,037$765$314
26 years$2,313$1,742$1,293$949$689$271
27 years$2,203$1,639$1,201$868$621$233
28 years$2,102$1,545$1,116$795$560$201
29 years$2,007$1,457$1,039$729$506$174
30 years$1,920$1,376$968$669$457$150
31 years$1,837$1,301$902$615$413$130
32 years$1,761$1,231$842$565$374$112
33 years$1,689$1,166$786$520$338$97
34 years$1,621$1,105$734$478$306$84
35 years$1,558$1,048$687$440$277$72
36 years$1,498$995$642$405$251$62
37 years$1,441$945$601$373$228$54
38 years$1,388$898$563$344$207$47
39 years$1,337$854$527$317$187$40
40 years$1,289$812$494$293$170$35
41 years$1,244$773$464$270$154$30
42 years$1,201$736$435$249$140$26
43 years$1,160$702$408$230$127$23
44 years$1,120$669$383$212$115$19
45 years$1,083$638$360$196$105$17
46 years$1,048$608$338$181$95$15
47 years$1,014$581$317$167$86$13
48 years$981$554$298$155$78$11
49 years$950$529$280$143$71$9
50 years$921$506$263$132$65$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $943,000, adding $3,896 every year, while hoping to spend $33,939 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: 36/41/23 Blend
34$943,000$943,000$943,000$943,000
35$1,043,205$993,226$978,609$1,073,398
36$1,113,501$1,005,783$975,282$1,108,484
37$1,189,830$1,017,818$970,705$1,142,927
38$1,272,770$1,029,269$964,802$1,179,429
39$1,362,961$1,040,072$957,491$1,218,196
40$1,461,103$1,050,155$948,687$1,259,455
41$1,567,967$1,059,444$938,300$1,303,459
42$1,684,404$1,067,861$926,237$1,350,490
43$1,811,346$1,075,320$912,399$1,400,858
44$1,949,824$1,081,730$896,685$1,454,908
45$2,100,968$1,086,998$878,986$1,513,022
46$2,266,026$1,091,019$859,191$1,575,625
47$2,446,368$1,093,687$837,181$1,643,186
48$2,643,505$1,094,885$812,834$1,716,225
49$2,859,100$1,094,491$786,021$1,795,320
50$3,094,983$1,092,376$756,608$1,881,108
51$3,353,170$1,088,402$724,453$1,974,296
52$3,635,881$1,082,421$689,410$2,075,668
53$3,945,560$1,074,279$651,325$2,186,089
54$4,284,899$1,063,811$610,036$2,306,520
55$4,656,863$1,050,842$565,377$2,438,020
56$5,064,717$1,035,187$517,170$2,581,764
57$5,512,057$1,016,649$465,234$2,739,051
58$6,002,843$995,022$409,376$2,911,317
59$6,541,440$970,085$349,397$3,100,151
60$7,132,651$941,604$285,087$3,307,311
61$7,781,773$909,333$216,228$3,534,737
62$8,494,634$873,011$142,592$3,784,577
63$9,277,660$832,361$63,942$4,059,205
64$10,137,926$787,092$0$4,361,243
65$11,083,229$736,894$0$4,698,496
66$12,122,156$681,440$0$5,086,325
67$13,264,170$620,384$0$5,512,626
68$14,519,694$553,362$0$5,981,376
69$15,900,213$479,987$0$6,496,966
70$17,418,380$399,851$0$7,064,240
71$19,088,134$312,523$0$7,688,540
72$20,924,835$217,549$0$8,375,765
73$22,945,406$114,446$0$9,132,421
74$25,168,491$2,708$0$9,965,685
75$27,614,635$0$0$10,883,477
76$30,306,473$0$0$11,947,861
77$33,268,945$0$0$13,120,760
78$36,529,532$0$0$14,411,853
79$40,118,515$0$0$15,833,150
80$44,069,257$0$0$17,397,884
81$48,418,523$0$0$19,120,639
82$53,206,821$0$0$21,017,482
83$58,478,788$0$0$23,106,119
84$64,283,610$0$0$25,406,060
85$70,675,483$0$0$27,938,803
86$77,714,127$0$0$30,728,037
87$85,465,350$0$0$33,799,867
88$94,001,667$0$0$37,183,057
89$103,402,981$0$0$40,909,304
90$113,757,343$0$0$45,013,536
91$125,161,778$0$0$49,534,241
92$137,723,204$0$0$54,513,831
93$151,559,435$0$0$59,999,044
94$166,800,298$0$0$66,041,379
95$183,588,856$0$0$72,697,589
96$202,082,758$0$0$80,030,213
97$222,455,724$0$0$88,108,164
98$244,899,189$0$0$97,007,385
99$269,624,106$0$0$106,811,560
100$296,862,939$0$0$117,612,907