Can I retire at age 35 with 945,000?

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 $945,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18%
1 years$78,037$77,342$76,664$76,002$75,356$72,914
2 years$38,632$37,913$37,215$36,539$35,884$33,447
3 years$25,499$24,776$24,081$23,411$22,766$20,410
4 years$18,934$18,213$17,525$16,866$16,237$13,980
5 years$14,996$14,279$13,600$12,955$12,343$10,192
6 years$12,371$11,660$10,991$10,360$9,767$7,722
7 years$10,497$9,792$9,133$8,518$7,943$6,005
8 years$9,092$8,394$7,746$7,145$6,589$4,757
9 years$8,000$7,308$6,671$6,086$5,549$3,820
10 years$7,127$6,442$5,816$5,246$4,728$3,100
11 years$6,413$5,735$5,121$4,566$4,066$2,536
12 years$5,818$5,147$4,544$4,005$3,524$2,087
13 years$5,316$4,652$4,060$3,536$3,073$1,727
14 years$4,885$4,228$3,648$3,139$2,694$1,435
15 years$4,513$3,863$3,294$2,799$2,372$1,196
16 years$4,187$3,544$2,986$2,506$2,096$1,000
17 years$3,900$3,264$2,717$2,252$1,859$837
18 years$3,645$3,016$2,481$2,029$1,653$703
19 years$3,417$2,795$2,271$1,834$1,473$591
20 years$3,212$2,597$2,084$1,661$1,316$497
21 years$3,027$2,419$1,917$1,507$1,177$419
22 years$2,859$2,258$1,767$1,370$1,055$353
23 years$2,705$2,112$1,631$1,248$947$298
24 years$2,565$1,979$1,509$1,138$852$252
25 years$2,436$1,857$1,397$1,040$766$213
26 years$2,318$1,745$1,296$951$690$180
27 years$2,208$1,643$1,203$870$622$152
28 years$2,106$1,548$1,119$797$561$129
29 years$2,012$1,460$1,041$731$507$109
30 years$1,924$1,379$970$671$458$92
31 years$1,841$1,304$904$616$414$78
32 years$1,764$1,233$843$566$375$66
33 years$1,692$1,168$788$521$339$56
34 years$1,625$1,107$736$479$307$47
35 years$1,561$1,050$688$441$278$40
36 years$1,501$997$644$406$252$34
37 years$1,444$947$602$374$228$29
38 years$1,391$900$564$345$207$24
39 years$1,340$855$529$318$188$21
40 years$1,292$814$495$293$170$18
41 years$1,246$775$464$271$154$15
42 years$1,203$738$436$250$140$13
43 years$1,162$703$409$231$127$11
44 years$1,123$670$384$213$115$9
45 years$1,085$639$360$197$105$8
46 years$1,050$610$338$182$95$6
47 years$1,016$582$318$168$86$5
48 years$983$555$299$155$78$5
49 years$952$530$281$143$71$4
50 years$923$507$264$132$65$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $945,000, adding $5,097 every year, while hoping to spend $23,942 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: 56/18/26 Blend
34$945,000$945,000$945,000$945,000
35$1,046,648$996,563$981,915$1,097,536
36$1,127,932$1,019,920$989,335$1,156,396
37$1,216,704$1,043,620$996,201$1,217,559
38$1,313,704$1,067,653$1,002,470$1,283,704
39$1,419,743$1,092,010$1,008,094$1,355,317
40$1,535,718$1,116,679$1,013,027$1,432,937
41$1,662,615$1,141,650$1,017,216$1,517,156
42$1,801,517$1,166,906$1,020,609$1,608,626
43$1,953,621$1,192,434$1,023,148$1,708,067
44$2,120,243$1,218,215$1,024,776$1,816,272
45$2,302,831$1,244,232$1,025,430$1,934,116
46$2,502,983$1,270,462$1,025,045$2,062,563
47$2,722,456$1,296,884$1,023,553$2,202,674
48$2,963,187$1,323,471$1,020,882$2,355,620
49$3,227,308$1,350,197$1,016,958$2,522,693
50$3,517,169$1,377,032$1,011,701$2,705,316
51$3,835,356$1,403,943$1,005,029$2,905,057
52$4,184,721$1,430,895$996,856$3,123,645
53$4,568,403$1,457,849$987,091$3,362,987
54$4,989,861$1,484,765$975,640$3,625,184
55$5,452,906$1,511,597$962,403$3,912,552
56$5,961,734$1,538,297$947,275$4,227,645
57$6,520,971$1,564,814$930,149$4,573,278
58$7,135,712$1,591,091$910,910$4,952,553
59$7,811,568$1,617,068$889,439$5,368,891
60$8,554,723$1,642,680$865,611$5,826,063
61$9,371,992$1,667,858$839,296$6,328,225
62$10,270,879$1,692,527$810,356$6,879,958
63$11,259,656$1,716,608$778,650$7,486,313
64$12,347,434$1,740,015$744,028$8,152,858
65$13,544,253$1,762,657$706,334$8,885,728
66$14,861,175$1,784,436$665,405$9,691,688
67$16,310,389$1,805,247$621,070$10,578,195
68$17,905,324$1,824,979$573,151$11,553,468
69$19,660,777$1,843,513$521,462$12,626,565
70$21,593,054$1,860,722$465,808$13,807,473
71$23,720,119$1,876,472$405,986$15,107,198
72$26,061,769$1,890,617$341,785$16,537,874
73$28,639,817$1,903,004$272,981$18,112,873
74$31,478,297$1,913,470$199,346$19,846,934
75$34,603,695$1,921,842$120,635$21,756,305
76$38,045,194$1,927,934$36,598$23,858,892
77$41,834,951$1,931,550$0$26,174,433
78$46,008,401$1,932,482$0$28,739,410
79$50,604,592$1,930,507$0$31,574,865
80$55,666,549$1,925,390$0$34,697,143
81$61,241,684$1,916,882$0$38,135,454
82$67,382,244$1,904,717$0$41,921,991
83$74,145,798$1,888,614$0$46,092,226
84$81,595,789$1,868,275$0$50,685,255
85$89,802,122$1,843,383$0$55,744,157
86$98,841,834$1,813,604$0$61,316,410
87$108,799,812$1,778,583$0$67,454,331
88$119,769,603$1,737,943$0$74,215,577
89$131,854,286$1,691,286$0$81,663,685
90$145,167,455$1,638,191$0$89,868,677
91$159,834,284$1,578,211$0$98,907,714
92$175,992,712$1,510,874$0$108,865,831
93$193,794,743$1,435,680$0$119,836,738
94$213,407,879$1,352,102$0$131,923,703
95$235,016,708$1,259,579$0$145,240,532
96$258,824,635$1,157,522$0$159,912,639
97$285,055,812$1,045,305$0$176,078,233
98$313,957,247$922,267$0$193,889,622
99$345,801,140$787,712$0$213,514,653
100$380,887,447$640,901$0$235,138,296