Can I retire at age 35 with 944,000?

Use the below retirement simulation to view the chances of a successful retirement.
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%15.1%
1 years$77,955$77,260$76,583$75,922$75,276$73,696
2 years$38,591$37,873$37,176$36,501$35,846$34,261
3 years$25,472$24,750$24,055$23,386$22,742$21,203
4 years$18,914$18,194$17,506$16,849$16,220$14,737
5 years$14,980$14,264$13,586$12,941$12,330$10,909
6 years$12,358$11,648$10,979$10,349$9,756$8,398
7 years$10,486$9,782$9,124$8,509$7,934$6,639
8 years$9,082$8,385$7,738$7,138$6,582$5,349
9 years$7,992$7,301$6,664$6,080$5,543$4,372
10 years$7,119$6,435$5,810$5,241$4,723$3,612
11 years$6,406$5,729$5,115$4,561$4,062$3,010
12 years$5,812$5,142$4,540$4,001$3,520$2,525
13 years$5,310$4,647$4,056$3,532$3,070$2,131
14 years$4,880$4,224$3,644$3,135$2,691$1,806
15 years$4,508$3,858$3,290$2,796$2,369$1,536
16 years$4,182$3,540$2,983$2,504$2,094$1,311
17 years$3,895$3,260$2,714$2,250$1,857$1,122
18 years$3,641$3,013$2,478$2,027$1,651$962
19 years$3,413$2,792$2,268$1,832$1,471$826
20 years$3,208$2,595$2,082$1,659$1,314$711
21 years$3,023$2,417$1,915$1,506$1,176$613
22 years$2,856$2,256$1,765$1,369$1,054$528
23 years$2,703$2,110$1,630$1,247$946$456
24 years$2,562$1,977$1,507$1,137$851$394
25 years$2,434$1,855$1,396$1,039$765$341
26 years$2,315$1,744$1,295$950$689$295
27 years$2,206$1,641$1,202$869$622$255
28 years$2,104$1,546$1,118$796$561$221
29 years$2,010$1,459$1,040$730$506$192
30 years$1,922$1,378$969$670$458$166
31 years$1,839$1,302$903$616$414$144
32 years$1,763$1,232$843$566$374$125
33 years$1,691$1,167$787$520$339$108
34 years$1,623$1,106$735$479$307$94
35 years$1,559$1,049$687$441$278$82
36 years$1,499$996$643$406$252$71
37 years$1,443$946$602$374$228$62
38 years$1,389$899$564$345$207$53
39 years$1,339$855$528$318$188$46
40 years$1,291$813$495$293$170$40
41 years$1,245$774$464$270$154$35
42 years$1,202$737$435$250$140$30
43 years$1,161$702$408$230$127$26
44 years$1,122$669$383$213$115$23
45 years$1,084$638$360$196$105$20
46 years$1,049$609$338$181$95$17
47 years$1,015$581$318$168$86$15
48 years$982$555$298$155$78$13
49 years$951$530$281$143$71$11
50 years$922$506$264$132$65$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $944,000, adding $5,798 every year, while hoping to spend $46,882 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: 48/46/6 Blend
34$944,000$944,000$944,000$944,000
35$1,046,269$996,237$981,605$1,094,588
36$1,103,106$995,170$964,606$1,127,190
37$1,164,169$992,480$945,467$1,157,121
38$1,229,841$988,037$924,066$1,188,507
39$1,300,538$981,705$900,276$1,221,495
40$1,376,723$973,338$873,965$1,256,252
41$1,458,899$962,783$844,994$1,292,960
42$1,547,623$949,875$813,217$1,331,827
43$1,643,503$934,442$778,483$1,373,083
44$1,747,212$916,301$740,633$1,416,983
45$1,859,484$895,256$699,501$1,463,813
46$1,981,132$871,104$654,915$1,513,893
47$2,113,044$843,625$606,692$1,567,578
48$2,256,202$812,590$554,643$1,625,261
49$2,411,682$777,755$498,571$1,687,385
50$2,580,670$738,860$438,269$1,754,438
51$2,764,468$695,635$373,521$1,826,966
52$2,964,512$647,789$304,102$1,905,573
53$3,182,380$595,018$229,777$1,990,933
54$3,419,808$536,999$150,300$2,083,794
55$3,678,708$473,392$65,414$2,184,986
56$3,961,183$403,834$0$2,295,432
57$4,269,548$327,947$0$2,417,768
58$4,606,353$245,328$0$2,556,092
59$4,974,404$155,552$0$2,707,491
60$5,376,789$58,170$0$2,873,383
61$5,816,910$0$0$3,055,338
62$6,298,511$0$0$3,279,034
63$6,825,716$0$0$3,556,247
64$7,403,066$0$0$3,859,932
65$8,035,562$0$0$4,192,733
66$8,728,709$0$0$4,557,561
67$9,488,573$0$0$4,957,622
68$10,321,834$0$0$5,396,448
69$11,235,849$0$0$5,877,928
70$12,238,720$0$0$6,406,347
71$13,339,374$0$0$6,986,424
72$14,547,642$0$0$7,623,358
73$15,874,354$0$0$8,322,876
74$17,331,441$0$0$9,091,285
75$18,932,045$0$0$9,935,535
76$20,690,643$0$0$10,863,282
77$22,623,186$0$0$11,882,961
78$24,747,244$0$0$13,003,863
79$27,082,175$0$0$14,236,226
80$29,649,307$0$0$15,591,327
81$32,472,136$0$0$17,081,594
82$35,576,550$0$0$18,720,716
83$38,991,070$0$0$20,523,778
84$42,747,120$0$0$22,507,399
85$46,879,326$0$0$24,689,890
86$51,425,834$0$0$27,091,428
87$56,428,677$0$0$29,734,243
88$61,934,169$0$0$32,642,828
89$67,993,339$0$0$35,844,174
90$74,662,414$0$0$39,368,018
91$82,003,347$0$0$43,247,127
92$90,084,405$0$0$47,517,609
93$98,980,807$0$0$52,219,246
94$108,775,438$0$0$57,395,879
95$119,559,626$0$0$63,095,811
96$131,434,008$0$0$69,372,271
97$144,509,475$0$0$76,283,911
98$158,908,220$0$0$83,895,363
99$174,764,888$0$0$92,277,843
100$192,227,849$0$0$101,509,828