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%19.8%
1 years$78,037$77,342$76,664$76,002$75,356$72,394
2 years$38,632$37,913$37,215$36,539$35,884$32,936
3 years$25,499$24,776$24,081$23,411$22,766$19,926
4 years$18,934$18,213$17,525$16,866$16,237$13,525
5 years$14,996$14,279$13,600$12,955$12,343$9,767
6 years$12,371$11,660$10,991$10,360$9,767$7,327
7 years$10,497$9,792$9,133$8,518$7,943$5,640
8 years$9,092$8,394$7,746$7,145$6,589$4,420
9 years$8,000$7,308$6,671$6,086$5,549$3,511
10 years$7,127$6,442$5,816$5,246$4,728$2,817
11 years$6,413$5,735$5,121$4,566$4,066$2,277
12 years$5,818$5,147$4,544$4,005$3,524$1,852
13 years$5,316$4,652$4,060$3,536$3,073$1,514
14 years$4,885$4,228$3,648$3,139$2,694$1,242
15 years$4,513$3,863$3,294$2,799$2,372$1,022
16 years$4,187$3,544$2,986$2,506$2,096$843
17 years$3,900$3,264$2,717$2,252$1,859$697
18 years$3,645$3,016$2,481$2,029$1,653$577
19 years$3,417$2,795$2,271$1,834$1,473$479
20 years$3,212$2,597$2,084$1,661$1,316$397
21 years$3,027$2,419$1,917$1,507$1,177$330
22 years$2,859$2,258$1,767$1,370$1,055$275
23 years$2,705$2,112$1,631$1,248$947$228
24 years$2,565$1,979$1,509$1,138$852$190
25 years$2,436$1,857$1,397$1,040$766$158
26 years$2,318$1,745$1,296$951$690$132
27 years$2,208$1,643$1,203$870$622$110
28 years$2,106$1,548$1,119$797$561$92
29 years$2,012$1,460$1,041$731$507$76
30 years$1,924$1,379$970$671$458$64
31 years$1,841$1,304$904$616$414$53
32 years$1,764$1,233$843$566$375$44
33 years$1,692$1,168$788$521$339$37
34 years$1,625$1,107$736$479$307$31
35 years$1,561$1,050$688$441$278$26
36 years$1,501$997$644$406$252$22
37 years$1,444$947$602$374$228$18
38 years$1,391$900$564$345$207$15
39 years$1,340$855$529$318$188$13
40 years$1,292$814$495$293$170$10
41 years$1,246$775$464$271$154$9
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$4
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 $2,443 every year, while hoping to spend $27,655 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: 64/26/10 Blend
34$945,000$945,000$945,000$945,000
35$1,043,910$993,825$979,177$1,108,298
36$1,120,964$1,013,098$982,555$1,170,847
37$1,204,951$1,032,388$985,119$1,235,683
38$1,296,548$1,051,667$986,813$1,305,796
39$1,396,502$1,070,905$987,577$1,381,698
40$1,505,634$1,090,068$987,350$1,463,952
41$1,624,849$1,109,121$986,066$1,553,181
42$1,755,140$1,128,025$983,656$1,650,068
43$1,897,606$1,146,739$980,050$1,755,368
44$2,053,450$1,165,219$975,171$1,869,912
45$2,224,004$1,183,416$968,940$1,994,615
46$2,410,728$1,201,279$961,276$2,130,488
47$2,615,234$1,218,754$952,090$2,278,642
48$2,839,297$1,235,781$941,294$2,440,303
49$3,084,868$1,252,298$928,791$2,616,822
50$3,354,101$1,268,237$914,482$2,809,687
51$3,649,365$1,283,526$898,262$3,020,541
52$3,973,270$1,298,089$880,024$3,251,192
53$4,328,691$1,311,842$859,652$3,503,633
54$4,718,795$1,324,700$837,027$3,780,061
55$5,147,069$1,336,567$812,024$4,082,899
56$5,617,356$1,347,345$784,513$4,414,815
57$6,133,889$1,356,928$754,357$4,778,753
58$6,701,331$1,365,202$721,413$5,177,955
59$7,324,817$1,372,048$685,532$5,615,996
60$8,010,008$1,377,338$646,557$6,096,816
61$8,763,138$1,380,936$604,325$6,624,758
62$9,591,074$1,382,698$558,666$7,204,610
63$10,501,383$1,382,470$509,401$7,841,649
64$11,502,403$1,380,090$456,345$8,541,690
65$12,603,318$1,375,384$399,302$9,311,144
66$13,814,248$1,368,169$338,070$10,157,078
67$15,146,342$1,358,251$272,436$11,087,280
68$16,611,886$1,345,422$202,180$12,110,336
69$18,224,415$1,329,464$127,070$13,235,709
70$19,998,842$1,310,145$46,863$14,473,828
71$21,951,601$1,287,218$0$15,836,192
72$24,100,796$1,260,424$0$17,339,602
73$26,466,379$1,229,486$0$18,999,500
74$29,070,331$1,194,112$0$20,826,303
75$31,936,874$1,153,993$0$22,837,010
76$35,092,697$1,108,801$0$25,050,356
77$38,567,210$1,058,190$0$27,486,986
78$42,392,817$1,001,794$0$30,169,656
79$46,605,227$939,224$0$33,123,444
80$51,243,785$870,071$0$36,375,988
81$56,351,848$793,901$0$39,957,748
82$61,977,191$710,257$0$43,902,295
83$68,172,459$618,654$0$48,246,625
84$74,995,662$518,581$0$53,031,513
85$82,510,726$409,496$0$58,301,894
86$90,788,088$290,831$0$64,107,295
87$99,905,372$161,980$0$70,502,294
88$109,948,112$22,309$0$77,547,044
89$121,010,560$0$0$85,307,837
90$133,196,583$0$0$93,894,599
91$146,620,633$0$0$103,360,855
92$161,408,832$0$0$113,789,172
93$177,700,165$0$0$125,277,572
94$195,647,783$0$0$137,934,068
95$215,420,458$0$0$151,877,689
96$237,204,169$0$0$167,239,602
97$261,203,859$0$0$184,164,347
98$287,645,371$0$0$202,811,205
99$316,777,576$0$0$223,355,699
100$348,874,727$0$0$245,991,249