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%11.9%
1 years$77,955$77,260$76,583$75,922$75,276$74,676
2 years$38,591$37,873$37,176$36,501$35,846$35,241
3 years$25,472$24,750$24,055$23,386$22,742$22,152
4 years$18,914$18,194$17,506$16,849$16,220$15,648
5 years$14,980$14,264$13,586$12,941$12,330$11,778
6 years$12,358$11,648$10,979$10,349$9,756$9,225
7 years$10,486$9,782$9,124$8,509$7,934$7,425
8 years$9,082$8,385$7,738$7,138$6,582$6,094
9 years$7,992$7,301$6,664$6,080$5,543$5,075
10 years$7,119$6,435$5,810$5,241$4,723$4,276
11 years$6,406$5,729$5,115$4,561$4,062$3,635
12 years$5,812$5,142$4,540$4,001$3,520$3,113
13 years$5,310$4,647$4,056$3,532$3,070$2,682
14 years$4,880$4,224$3,644$3,135$2,691$2,322
15 years$4,508$3,858$3,290$2,796$2,369$2,019
16 years$4,182$3,540$2,983$2,504$2,094$1,762
17 years$3,895$3,260$2,714$2,250$1,857$1,542
18 years$3,641$3,013$2,478$2,027$1,651$1,353
19 years$3,413$2,792$2,268$1,832$1,471$1,190
20 years$3,208$2,595$2,082$1,659$1,314$1,048
21 years$3,023$2,417$1,915$1,506$1,176$925
22 years$2,856$2,256$1,765$1,369$1,054$818
23 years$2,703$2,110$1,630$1,247$946$724
24 years$2,562$1,977$1,507$1,137$851$641
25 years$2,434$1,855$1,396$1,039$765$569
26 years$2,315$1,744$1,295$950$689$505
27 years$2,206$1,641$1,202$869$622$448
28 years$2,104$1,546$1,118$796$561$399
29 years$2,010$1,459$1,040$730$506$355
30 years$1,922$1,378$969$670$458$315
31 years$1,839$1,302$903$616$414$281
32 years$1,763$1,232$843$566$374$250
33 years$1,691$1,167$787$520$339$223
34 years$1,623$1,106$735$479$307$199
35 years$1,559$1,049$687$441$278$177
36 years$1,499$996$643$406$252$158
37 years$1,443$946$602$374$228$141
38 years$1,389$899$564$345$207$126
39 years$1,339$855$528$318$188$112
40 years$1,291$813$495$293$170$100
41 years$1,245$774$464$270$154$89
42 years$1,202$737$435$250$140$80
43 years$1,161$702$408$230$127$71
44 years$1,122$669$383$213$115$64
45 years$1,084$638$360$196$105$57
46 years$1,049$609$338$181$95$51
47 years$1,015$581$318$168$86$45
48 years$982$555$298$155$78$40
49 years$951$530$281$143$71$36
50 years$922$506$264$132$65$32

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $944,000, adding $5,409 every year, while hoping to spend $35,049 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: 62/32/6 Blend
34$944,000$944,000$944,000$944,000
35$1,045,867$995,835$981,203$1,109,253
36$1,115,254$1,007,339$976,782$1,163,718
37$1,190,543$1,018,233$971,037$1,218,554
38$1,272,301$1,028,448$963,889$1,277,498
39$1,361,147$1,037,913$955,251$1,340,944
40$1,457,767$1,046,554$945,035$1,409,330
41$1,562,912$1,054,288$933,146$1,483,136
42$1,677,410$1,061,029$919,488$1,562,892
43$1,802,172$1,066,686$903,957$1,649,185
44$1,938,200$1,071,160$886,446$1,742,659
45$2,086,597$1,074,348$866,843$1,844,026
46$2,248,578$1,076,139$845,030$1,954,073
47$2,425,480$1,076,416$820,885$2,073,664
48$2,618,773$1,075,054$794,279$2,203,757
49$2,830,077$1,071,922$765,077$2,345,404
50$3,061,177$1,066,878$733,139$2,499,769
51$3,314,035$1,059,773$698,317$2,668,134
52$3,590,815$1,050,450$660,458$2,851,915
53$3,893,896$1,038,740$619,402$3,052,672
54$4,225,901$1,024,467$574,980$3,272,127
55$4,589,719$1,007,441$527,017$3,512,178
56$4,988,527$987,463$475,330$3,774,920
57$5,425,831$964,322$419,727$4,062,664
58$5,905,486$937,794$360,008$4,377,958
59$6,431,741$907,642$295,964$4,723,612
60$7,009,278$873,615$227,378$5,102,727
61$7,643,250$835,449$154,021$5,518,722
62$8,339,337$792,861$75,657$5,975,367
63$9,103,794$745,556$0$6,476,823
64$9,943,512$693,218$0$7,028,186
65$10,866,081$635,517$0$7,639,206
66$11,879,865$572,101$0$8,310,631
67$12,994,076$502,599$0$9,048,630
68$14,218,865$426,619$0$9,860,008
69$15,565,412$343,747$0$10,752,265
70$17,046,039$253,545$0$11,733,671
71$18,674,318$155,552$0$12,813,345
72$20,465,202$49,278$0$14,001,342
73$22,435,170$0$0$15,308,744
74$24,602,373$0$0$16,770,939
75$26,986,814$0$0$18,398,876
76$29,610,531$0$0$20,190,256
77$32,497,804$0$0$22,161,671
78$35,675,391$0$0$24,331,398
79$39,172,769$0$0$26,719,578
80$43,022,423$0$0$29,348,403
81$47,260,143$0$0$32,242,326
82$51,925,368$0$0$35,428,292
83$57,061,553$0$0$38,935,990
84$62,716,583$0$0$42,798,134
85$68,943,221$0$0$47,050,773
86$75,799,607$0$0$51,733,630
87$83,349,805$0$0$56,890,473
88$91,664,411$0$0$62,569,534
89$100,821,214$0$0$68,823,962
90$110,905,932$0$0$75,712,319
91$122,013,021$0$0$83,299,141
92$134,246,566$0$0$91,655,540
93$147,721,262$0$0$100,859,877
94$162,563,495$0$0$110,998,505
95$178,912,538$0$0$122,166,577
96$196,921,862$0$0$134,468,948
97$216,760,584$0$0$148,021,164
98$238,615,066$0$0$162,950,553
99$262,690,670$0$0$179,397,423
100$289,213,696$0$0$197,516,390