Can I retire at age 35 with 946,000?

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 $946,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.3%
1 years$78,120$77,424$76,745$76,082$75,435$74,094
2 years$38,673$37,953$37,255$36,578$35,922$34,575
3 years$25,526$24,803$24,106$23,436$22,790$21,480
4 years$18,954$18,233$17,543$16,884$16,254$14,991
5 years$15,011$14,295$13,614$12,969$12,356$11,143
6 years$12,384$11,673$11,002$10,371$9,777$8,615
7 years$10,508$9,803$9,143$8,527$7,951$6,841
8 years$9,102$8,403$7,754$7,153$6,596$5,538
9 years$8,008$7,316$6,679$6,093$5,555$4,548
10 years$7,134$6,449$5,822$5,252$4,733$3,776
11 years$6,420$5,741$5,126$4,571$4,071$3,163
12 years$5,825$5,153$4,549$4,009$3,528$2,667
13 years$5,321$4,657$4,064$3,539$3,076$2,262
14 years$4,890$4,233$3,652$3,142$2,697$1,928
15 years$4,517$3,867$3,297$2,802$2,374$1,649
16 years$4,191$3,548$2,989$2,509$2,098$1,415
17 years$3,904$3,267$2,720$2,254$1,861$1,218
18 years$3,648$3,019$2,483$2,032$1,654$1,050
19 years$3,420$2,798$2,273$1,836$1,475$908
20 years$3,215$2,600$2,086$1,663$1,317$786
21 years$3,030$2,422$1,919$1,509$1,179$681
22 years$2,862$2,261$1,769$1,372$1,056$591
23 years$2,708$2,114$1,633$1,249$948$514
24 years$2,568$1,981$1,510$1,140$852$447
25 years$2,439$1,859$1,399$1,041$767$389
26 years$2,320$1,747$1,297$952$691$339
27 years$2,210$1,644$1,205$871$623$295
28 years$2,108$1,549$1,120$798$562$257
29 years$2,014$1,462$1,042$732$508$224
30 years$1,926$1,380$971$672$459$196
31 years$1,843$1,305$905$617$415$171
32 years$1,766$1,235$844$567$375$149
33 years$1,694$1,169$788$521$339$130
34 years$1,626$1,108$737$480$307$114
35 years$1,563$1,051$689$442$278$99
36 years$1,502$998$644$407$252$87
37 years$1,446$948$603$375$229$76
38 years$1,392$901$565$345$207$66
39 years$1,341$856$529$318$188$58
40 years$1,293$815$496$294$170$51
41 years$1,248$776$465$271$155$44
42 years$1,204$739$436$250$140$39
43 years$1,163$704$409$231$127$34
44 years$1,124$671$384$213$116$30
45 years$1,087$640$361$197$105$26
46 years$1,051$610$339$182$95$23
47 years$1,017$582$318$168$87$20
48 years$984$556$299$155$79$17
49 years$953$531$281$143$71$15
50 years$924$507$264$133$65$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $946,000, adding $4,620 every year, while hoping to spend $35,333 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: 40/35/25 Blend
34$946,000$946,000$946,000$946,000
35$1,047,258$997,120$982,457$1,081,250
36$1,116,484$1,008,384$977,775$1,117,500
37$1,191,587$1,019,017$971,752$1,153,032
38$1,273,129$1,028,949$964,306$1,190,779
39$1,361,728$1,038,108$955,350$1,230,966
40$1,458,065$1,046,416$944,795$1,273,841
41$1,562,888$1,053,790$932,546$1,319,678
42$1,677,019$1,060,143$918,503$1,368,783
43$1,801,366$1,065,380$902,564$1,421,494
44$1,936,925$1,069,403$884,619$1,478,187
45$2,084,793$1,072,106$864,555$1,539,276
46$2,246,178$1,073,375$842,254$1,605,222
47$2,422,409$1,073,092$817,591$1,676,536
48$2,614,951$1,071,129$790,436$1,753,782
49$2,825,413$1,067,352$760,653$1,837,586
50$3,055,570$1,061,617$728,100$1,928,640
51$3,307,376$1,053,774$692,628$2,027,712
52$3,582,979$1,043,660$654,083$2,135,651
53$3,884,750$1,031,106$612,301$2,253,396
54$4,215,294$1,015,930$567,113$2,381,986
55$4,577,485$997,941$518,342$2,522,571
56$4,974,484$976,936$465,802$2,676,423
57$5,409,775$952,699$409,300$2,844,948
58$5,887,195$925,004$348,634$3,029,702
59$6,410,968$893,609$283,593$3,232,405
60$6,985,749$858,258$213,956$3,454,958
61$7,616,666$818,683$139,494$3,699,462
62$8,309,364$774,597$59,966$3,968,239
63$9,070,066$725,699$0$4,263,858
64$9,905,623$671,668$0$4,595,796
65$10,823,585$612,168$0$4,978,046
66$11,832,268$546,842$0$5,398,130
67$12,940,834$475,312$0$5,859,947
68$14,159,377$397,180$0$6,367,800
69$15,499,016$312,024$0$6,926,434
70$16,972,003$219,401$0$7,541,087
71$18,591,835$118,839$0$8,217,535
72$20,373,384$9,844$0$8,962,151
73$22,333,034$0$0$9,781,964
74$24,488,837$0$0$10,726,364
75$26,860,684$0$0$11,769,723
76$29,470,491$0$0$12,917,906
77$32,342,403$0$0$14,181,555
78$35,503,026$0$0$15,572,396
79$38,981,677$0$0$17,103,349
80$42,810,657$0$0$18,788,650
81$47,025,557$0$0$20,643,986
82$51,665,595$0$0$22,686,641
83$56,773,986$0$0$24,935,662
84$62,398,345$0$0$27,412,035
85$68,591,141$0$0$30,138,885
86$75,410,190$0$0$33,141,695
87$82,919,198$0$0$36,448,543
88$91,188,366$0$0$40,090,372
89$100,295,049$0$0$44,101,276
90$110,324,485$0$0$48,518,825
91$121,370,604$0$0$53,384,419
92$133,536,906$0$0$58,743,680
93$146,937,446$0$0$64,646,877
94$161,697,904$0$0$71,149,408
95$177,956,774$0$0$78,312,316
96$195,866,667$0$0$86,202,869
97$215,595,755$0$0$94,895,194
98$237,329,358$0$0$104,470,974
99$261,271,687$0$0$115,020,223
100$287,647,777$0$0$126,642,131