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%20%
1 years$78,037$77,342$76,664$76,002$75,356$72,337
2 years$38,632$37,913$37,215$36,539$35,884$32,881
3 years$25,499$24,776$24,081$23,411$22,766$19,873
4 years$18,934$18,213$17,525$16,866$16,237$13,476
5 years$14,996$14,279$13,600$12,955$12,343$9,721
6 years$12,371$11,660$10,991$10,360$9,767$7,285
7 years$10,497$9,792$9,133$8,518$7,943$5,601
8 years$9,092$8,394$7,746$7,145$6,589$4,384
9 years$8,000$7,308$6,671$6,086$5,549$3,478
10 years$7,127$6,442$5,816$5,246$4,728$2,787
11 years$6,413$5,735$5,121$4,566$4,066$2,250
12 years$5,818$5,147$4,544$4,005$3,524$1,828
13 years$5,316$4,652$4,060$3,536$3,073$1,492
14 years$4,885$4,228$3,648$3,139$2,694$1,222
15 years$4,513$3,863$3,294$2,799$2,372$1,004
16 years$4,187$3,544$2,986$2,506$2,096$827
17 years$3,900$3,264$2,717$2,252$1,859$683
18 years$3,645$3,016$2,481$2,029$1,653$565
19 years$3,417$2,795$2,271$1,834$1,473$467
20 years$3,212$2,597$2,084$1,661$1,316$387
21 years$3,027$2,419$1,917$1,507$1,177$321
22 years$2,859$2,258$1,767$1,370$1,055$267
23 years$2,705$2,112$1,631$1,248$947$222
24 years$2,565$1,979$1,509$1,138$852$184
25 years$2,436$1,857$1,397$1,040$766$153
26 years$2,318$1,745$1,296$951$690$127
27 years$2,208$1,643$1,203$870$622$106
28 years$2,106$1,548$1,119$797$561$88
29 years$2,012$1,460$1,041$731$507$74
30 years$1,924$1,379$970$671$458$61
31 years$1,841$1,304$904$616$414$51
32 years$1,764$1,233$843$566$375$42
33 years$1,692$1,168$788$521$339$35
34 years$1,625$1,107$736$479$307$29
35 years$1,561$1,050$688$441$278$25
36 years$1,501$997$644$406$252$20
37 years$1,444$947$602$374$228$17
38 years$1,391$900$564$345$207$14
39 years$1,340$855$529$318$188$12
40 years$1,292$814$495$293$170$10
41 years$1,246$775$464$271$154$8
42 years$1,203$738$436$250$140$7
43 years$1,162$703$409$231$127$6
44 years$1,123$670$384$213$115$5
45 years$1,085$639$360$197$105$4
46 years$1,050$610$338$182$95$3
47 years$1,016$582$318$168$86$3
48 years$983$555$299$155$78$2
49 years$952$530$281$143$71$2
50 years$923$507$264$132$65$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $945,000, adding $4,915 every year, while hoping to spend $34,165 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: 66/18/16 Blend
34$945,000$945,000$945,000$945,000
35$1,046,460$996,375$981,727$1,111,172
36$1,116,847$1,008,846$978,264$1,167,524
37$1,193,270$1,020,783$973,539$1,224,673
38$1,276,305$1,032,124$967,475$1,286,302
39$1,366,593$1,042,802$959,990$1,352,848
40$1,464,833$1,052,747$950,997$1,424,793
41$1,571,797$1,061,883$940,407$1,502,669
42$1,688,334$1,070,129$928,124$1,587,064
43$1,815,379$1,077,400$914,051$1,678,625
44$1,953,960$1,083,604$898,084$1,778,064
45$2,105,208$1,088,646$880,114$1,886,170
46$2,270,370$1,092,420$860,029$2,003,810
47$2,450,817$1,094,818$837,709$2,131,942
48$2,648,059$1,095,723$813,031$2,271,622
49$2,863,758$1,095,011$785,865$2,424,013
50$3,099,746$1,092,550$756,075$2,590,400
51$3,358,036$1,088,201$723,520$2,772,199
52$3,640,848$1,081,815$688,050$2,970,972
53$3,950,626$1,073,236$649,512$3,188,441
54$4,290,062$1,062,296$607,742$3,426,505
55$4,662,119$1,048,820$562,573$3,687,258
56$5,070,062$1,032,618$513,825$3,973,011
57$5,517,485$1,013,494$461,316$4,286,311
58$6,008,350$991,236$404,851$4,629,966
59$6,547,017$965,623$344,229$5,007,073
60$7,138,292$936,417$279,240$5,421,048
61$7,787,466$903,370$209,663$5,875,657
62$8,500,370$866,217$135,268$6,375,052
63$9,283,425$824,679$55,817$6,923,811
64$10,143,706$778,460$0$7,526,984
65$11,089,008$727,248$0$8,195,083
66$12,127,915$670,712$0$8,939,789
67$13,269,887$608,502$0$9,758,379
68$14,525,346$540,249$0$10,658,360
69$15,905,772$465,562$0$11,648,011
70$17,423,816$384,029$0$12,736,451
71$19,093,412$295,214$0$13,933,737
72$20,929,918$198,656$0$15,250,948
73$22,950,249$93,871$0$16,700,296
74$25,173,047$0$0$18,295,243
75$27,618,850$0$0$20,054,516
76$30,310,286$0$0$22,011,005
77$33,272,289$0$0$24,164,249
78$36,532,333$0$0$26,534,231
79$40,120,689$0$0$29,142,965
80$44,070,712$0$0$32,014,711
81$48,419,155$0$0$35,176,199
82$53,206,516$0$0$38,656,882
83$58,477,419$0$0$42,489,214
84$64,281,036$0$0$46,708,959
85$70,671,547$0$0$51,355,522
86$77,708,656$0$0$56,472,325
87$85,458,152$0$0$62,107,217
88$93,992,527$0$0$68,312,920
89$103,391,665$0$0$75,147,534
90$113,743,589$0$0$82,675,080
91$125,145,298$0$0$90,966,105
92$137,703,677$0$0$100,098,346
93$151,536,508$0$0$110,157,467
94$166,773,580$0$0$121,237,865
95$183,557,914$0$0$133,443,560
96$202,047,113$0$0$146,889,178
97$222,414,848$0$0$161,701,032
98$244,852,499$0$0$178,018,314
99$269,570,957$0$0$195,994,407
100$296,802,619$0$0$215,798,336