Can I retire at age 35 with 944,000?

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 $944,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.4%
1 years$77,955$77,260$76,583$75,922$75,276$74,521
2 years$38,591$37,873$37,176$36,501$35,846$35,085
3 years$25,472$24,750$24,055$23,386$22,742$22,000
4 years$18,914$18,194$17,506$16,849$16,220$15,501
5 years$14,980$14,264$13,586$12,941$12,330$11,637
6 years$12,358$11,648$10,979$10,349$9,756$9,091
7 years$10,486$9,782$9,124$8,509$7,934$7,296
8 years$9,082$8,385$7,738$7,138$6,582$5,971
9 years$7,992$7,301$6,664$6,080$5,543$4,959
10 years$7,119$6,435$5,810$5,241$4,723$4,165
11 years$6,406$5,729$5,115$4,561$4,062$3,530
12 years$5,812$5,142$4,540$4,001$3,520$3,014
13 years$5,310$4,647$4,056$3,532$3,070$2,588
14 years$4,880$4,224$3,644$3,135$2,691$2,234
15 years$4,508$3,858$3,290$2,796$2,369$1,936
16 years$4,182$3,540$2,983$2,504$2,094$1,683
17 years$3,895$3,260$2,714$2,250$1,857$1,468
18 years$3,641$3,013$2,478$2,027$1,651$1,283
19 years$3,413$2,792$2,268$1,832$1,471$1,125
20 years$3,208$2,595$2,082$1,659$1,314$987
21 years$3,023$2,417$1,915$1,506$1,176$868
22 years$2,856$2,256$1,765$1,369$1,054$764
23 years$2,703$2,110$1,630$1,247$946$674
24 years$2,562$1,977$1,507$1,137$851$595
25 years$2,434$1,855$1,396$1,039$765$525
26 years$2,315$1,744$1,295$950$689$465
27 years$2,206$1,641$1,202$869$622$411
28 years$2,104$1,546$1,118$796$561$364
29 years$2,010$1,459$1,040$730$506$322
30 years$1,922$1,378$969$670$458$286
31 years$1,839$1,302$903$616$414$253
32 years$1,763$1,232$843$566$374$225
33 years$1,691$1,167$787$520$339$199
34 years$1,623$1,106$735$479$307$177
35 years$1,559$1,049$687$441$278$157
36 years$1,499$996$643$406$252$140
37 years$1,443$946$602$374$228$124
38 years$1,389$899$564$345$207$110
39 years$1,339$855$528$318$188$98
40 years$1,291$813$495$293$170$87
41 years$1,245$774$464$270$154$77
42 years$1,202$737$435$250$140$69
43 years$1,161$702$408$230$127$61
44 years$1,122$669$383$213$115$54
45 years$1,084$638$360$196$105$48
46 years$1,049$609$338$181$95$43
47 years$1,015$581$318$168$86$38
48 years$982$555$298$155$78$34
49 years$951$530$281$143$71$30
50 years$922$506$264$132$65$27

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $944,000, adding $3,091 every year, while hoping to spend $36,130 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: 76/17/7 Blend
34$944,000$944,000$944,000$944,000
35$1,043,476$993,444$978,812$1,121,624
36$1,111,469$1,003,681$973,161$1,183,658
37$1,185,186$1,013,209$966,108$1,246,693
38$1,265,173$1,021,954$957,571$1,314,735
39$1,352,030$1,029,839$947,459$1,388,268
40$1,446,417$1,036,782$935,680$1,467,823
41$1,549,062$1,042,694$922,135$1,553,985
42$1,660,762$1,047,481$906,722$1,647,399
43$1,782,396$1,051,045$889,334$1,748,777
44$1,914,933$1,053,279$869,859$1,858,901
45$2,059,437$1,054,070$848,180$1,978,636
46$2,217,080$1,053,299$824,174$2,108,931
47$2,389,150$1,050,839$797,712$2,250,837
48$2,577,069$1,046,556$768,661$2,405,507
49$2,782,398$1,040,305$736,880$2,574,215
50$3,006,859$1,031,937$702,221$2,758,366
51$3,252,346$1,021,288$664,532$2,959,505
52$3,520,943$1,008,190$623,653$3,179,338
53$3,814,949$992,461$579,415$3,419,744
54$4,136,892$973,910$531,643$3,682,794
55$4,489,557$952,333$480,155$3,970,772
56$4,876,011$927,516$424,759$4,286,194
57$5,299,631$899,232$365,256$4,631,834
58$5,764,138$867,239$301,437$5,010,751
59$6,273,629$831,282$233,084$5,426,314
60$6,832,617$791,093$159,970$5,882,239
61$7,446,073$746,385$81,858$6,382,622
62$8,119,472$696,857$0$6,931,975
63$8,858,845$642,191$0$7,535,389
64$9,670,837$582,048$0$8,204,768
65$10,562,766$516,072$0$8,940,056
66$11,542,695$443,886$0$9,747,941
67$12,619,507$365,094$0$10,635,790
68$13,802,986$279,273$0$11,611,724
69$15,103,914$185,980$0$12,684,691
70$16,534,166$84,746$0$13,864,556
71$18,106,828$0$0$15,162,190
72$19,836,316$0$0$16,594,235
73$21,738,514$0$0$18,186,762
74$23,830,920$0$0$19,938,575
75$26,132,818$0$0$21,865,821
76$28,665,450$0$0$23,986,291
77$31,452,223$0$0$26,319,590
78$34,518,929$0$0$28,887,315
79$37,893,984$0$0$31,713,267
80$41,608,699$0$0$34,823,669
81$45,697,576$0$0$38,247,415
82$50,198,628$0$0$42,016,342
83$55,153,745$0$0$46,165,532
84$60,609,082$0$0$50,733,641
85$66,615,498$0$0$55,763,262
86$73,229,033$0$0$61,301,331
87$80,511,439$0$0$67,399,564
88$88,530,762$0$0$74,114,950
89$97,361,981$0$0$81,510,286
90$107,087,718$0$0$89,654,767
91$117,799,017$0$0$98,624,644
92$129,596,202$0$0$108,503,939
93$142,589,823$0$0$119,385,239
94$156,901,699$0$0$131,370,570
95$172,666,070$0$0$144,572,357
96$190,030,860$0$0$159,114,489
97$209,159,072$0$0$175,133,484
98$230,230,332$0$0$192,779,781
99$253,442,577$0$0$212,219,155
100$279,013,927$0$0$233,634,283