Can I retire at age 35 with 946,000?

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 $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%12.7%
1 years$78,120$77,424$76,745$76,082$75,435$74,586
2 years$38,673$37,953$37,255$36,578$35,922$35,066
3 years$25,526$24,803$24,106$23,436$22,790$21,955
4 years$18,954$18,233$17,543$16,884$16,254$15,447
5 years$15,011$14,295$13,614$12,969$12,356$11,578
6 years$12,384$11,673$11,002$10,371$9,777$9,030
7 years$10,508$9,803$9,143$8,527$7,951$7,235
8 years$9,102$8,403$7,754$7,153$6,596$5,911
9 years$8,008$7,316$6,679$6,093$5,555$4,900
10 years$7,134$6,449$5,822$5,252$4,733$4,109
11 years$6,420$5,741$5,126$4,571$4,071$3,476
12 years$5,825$5,153$4,549$4,009$3,528$2,962
13 years$5,321$4,657$4,064$3,539$3,076$2,538
14 years$4,890$4,233$3,652$3,142$2,697$2,186
15 years$4,517$3,867$3,297$2,802$2,374$1,891
16 years$4,191$3,548$2,989$2,509$2,098$1,641
17 years$3,904$3,267$2,720$2,254$1,861$1,428
18 years$3,648$3,019$2,483$2,032$1,654$1,246
19 years$3,420$2,798$2,273$1,836$1,475$1,089
20 years$3,215$2,600$2,086$1,663$1,317$954
21 years$3,030$2,422$1,919$1,509$1,179$837
22 years$2,862$2,261$1,769$1,372$1,056$736
23 years$2,708$2,114$1,633$1,249$948$647
24 years$2,568$1,981$1,510$1,140$852$570
25 years$2,439$1,859$1,399$1,041$767$502
26 years$2,320$1,747$1,297$952$691$443
27 years$2,210$1,644$1,205$871$623$391
28 years$2,108$1,549$1,120$798$562$345
29 years$2,014$1,462$1,042$732$508$305
30 years$1,926$1,380$971$672$459$270
31 years$1,843$1,305$905$617$415$239
32 years$1,766$1,235$844$567$375$211
33 years$1,694$1,169$788$521$339$187
34 years$1,626$1,108$737$480$307$165
35 years$1,563$1,051$689$442$278$146
36 years$1,502$998$644$407$252$130
37 years$1,446$948$603$375$229$115
38 years$1,392$901$565$345$207$102
39 years$1,341$856$529$318$188$90
40 years$1,293$815$496$294$170$80
41 years$1,248$776$465$271$155$71
42 years$1,204$739$436$250$140$63
43 years$1,163$704$409$231$127$56
44 years$1,124$671$384$213$116$49
45 years$1,087$640$361$197$105$44
46 years$1,051$610$339$182$95$39
47 years$1,017$582$318$168$87$34
48 years$984$556$299$155$79$31
49 years$953$531$281$143$71$27
50 years$924$507$264$133$65$24

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $946,000, adding $5,293 every year, while hoping to spend $54,085 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: 27/48/25 Blend
34$946,000$946,000$946,000$946,000
35$1,047,952$997,814$983,151$1,067,924
36$1,097,297$989,161$958,540$1,075,635
37$1,149,862$978,271$931,293$1,078,860
38$1,205,920$964,977$901,262$1,081,198
39$1,265,766$949,104$868,297$1,082,609
40$1,329,728$930,464$832,239$1,083,056
41$1,398,161$908,858$792,920$1,082,502
42$1,471,458$884,076$750,167$1,080,912
43$1,550,048$855,897$703,799$1,078,256
44$1,634,402$824,084$653,625$1,074,507
45$1,725,036$788,390$599,447$1,069,641
46$1,822,519$748,551$541,058$1,063,642
47$1,927,474$704,287$478,241$1,056,499
48$2,040,584$655,305$410,769$1,048,209
49$2,162,601$601,293$338,408$1,038,778
50$2,294,351$541,921$260,910$1,028,222
51$2,436,742$476,842$178,017$1,016,569
52$2,590,769$405,687$89,460$1,003,861
53$2,757,531$328,068$0$990,157
54$2,938,230$243,575$0$976,879
55$3,134,194$151,774$0$988,332
56$3,346,877$52,207$0$1,000,830
57$3,577,884$0$0$1,014,605
58$3,828,977$0$0$1,059,298
59$4,102,095$0$0$1,138,042
60$4,399,372$0$0$1,223,895
61$4,723,155$0$0$1,317,553
62$5,076,028$0$0$1,419,782
63$5,460,834$0$0$1,531,425
64$5,880,702$0$0$1,653,411
65$6,339,077$0$0$1,786,761
66$6,839,751$0$0$1,932,602
67$7,386,897$0$0$2,092,171
68$7,985,110$0$0$2,266,833
69$8,639,452$0$0$2,458,090
70$9,355,491$0$0$2,667,597
71$10,139,363$0$0$2,897,176
72$10,997,824$0$0$3,148,832
73$11,938,310$0$0$3,424,775
74$12,969,016$0$0$3,727,440
75$14,098,963$0$0$4,059,506
76$15,338,089$0$0$4,423,927
77$16,697,338$0$0$4,823,956
78$18,188,765$0$0$5,263,174
79$19,825,649$0$0$5,745,528
80$21,622,617$0$0$6,275,366
81$23,595,781$0$0$6,857,476
82$25,762,888$0$0$7,497,136
83$28,143,491$0$0$8,200,158
84$30,759,128$0$0$8,972,944
85$33,633,527$0$0$9,822,551
86$36,792,830$0$0$10,756,749
87$40,265,835$0$0$11,784,104
88$44,084,271$0$0$12,914,049
89$48,283,094$0$0$14,156,979
90$52,900,818$0$0$15,524,347
91$57,979,873$0$0$17,028,773
92$63,567,013$0$0$18,684,160
93$69,713,746$0$0$20,505,827
94$76,476,827$0$0$22,510,655
95$83,918,789$0$0$24,717,242
96$92,108,534$0$0$27,146,082
97$101,121,978$0$0$29,819,756
98$111,042,772$0$0$32,763,145
99$121,963,087$0$0$36,003,665
100$133,984,483$0$0$39,571,526