Can I retire at age 35 with 947,000?

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 $947,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.3%
1 years$78,202$77,506$76,826$76,163$75,515$72,691
2 years$38,714$37,993$37,294$36,617$35,960$33,147
3 years$25,553$24,829$24,132$23,461$22,814$20,101
4 years$18,974$18,252$17,562$16,902$16,271$13,679
5 years$15,027$14,310$13,629$12,982$12,369$9,904
6 years$12,397$11,685$11,014$10,382$9,787$7,451
7 years$10,519$9,813$9,153$8,536$7,960$5,751
8 years$9,111$8,412$7,762$7,160$6,603$4,521
9 years$8,017$7,324$6,686$6,099$5,561$3,602
10 years$7,142$6,456$5,829$5,257$4,738$2,899
11 years$6,427$5,747$5,131$4,576$4,075$2,351
12 years$5,831$5,158$4,554$4,013$3,531$1,919
13 years$5,327$4,661$4,069$3,543$3,079$1,574
14 years$4,896$4,237$3,656$3,145$2,699$1,295
15 years$4,522$3,871$3,301$2,805$2,377$1,070
16 years$4,196$3,551$2,993$2,512$2,101$886
17 years$3,908$3,271$2,723$2,257$1,863$735
18 years$3,652$3,022$2,486$2,034$1,656$611
19 years$3,424$2,801$2,276$1,838$1,476$509
20 years$3,219$2,603$2,088$1,664$1,318$424
21 years$3,033$2,424$1,921$1,510$1,180$354
22 years$2,865$2,263$1,771$1,373$1,058$295
23 years$2,711$2,117$1,635$1,251$949$247
24 years$2,571$1,983$1,512$1,141$853$206
25 years$2,442$1,861$1,400$1,042$768$172
26 years$2,323$1,749$1,299$953$692$144
27 years$2,213$1,646$1,206$872$624$121
28 years$2,111$1,551$1,121$799$563$101
29 years$2,016$1,463$1,043$733$508$85
30 years$1,928$1,382$972$672$459$71
31 years$1,845$1,306$906$617$415$59
32 years$1,768$1,236$845$567$375$50
33 years$1,696$1,171$789$522$340$42
34 years$1,628$1,109$737$480$308$35
35 years$1,564$1,052$689$442$279$29
36 years$1,504$999$645$407$252$24
37 years$1,447$949$604$375$229$21
38 years$1,394$902$565$346$207$17
39 years$1,343$857$530$319$188$14
40 years$1,295$816$496$294$171$12
41 years$1,249$776$465$271$155$10
42 years$1,206$739$437$250$140$8
43 years$1,164$705$410$231$127$7
44 years$1,125$672$385$213$116$6
45 years$1,088$640$361$197$105$5
46 years$1,052$611$339$182$95$4
47 years$1,018$583$319$168$87$4
48 years$985$557$299$155$79$3
49 years$954$531$281$144$71$2
50 years$925$508$265$133$65$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $947,000, adding $4,727 every year, while hoping to spend $20,804 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: 43/34/23 Blend
34$947,000$947,000$947,000$947,000
35$1,048,470$998,279$983,600$1,086,348
36$1,133,279$1,025,059$994,416$1,140,501
37$1,226,040$1,052,455$1,004,896$1,196,767
38$1,327,545$1,080,473$1,015,008$1,257,311
39$1,438,661$1,109,123$1,024,717$1,322,541
40$1,560,345$1,138,411$1,033,987$1,392,904
41$1,693,652$1,168,345$1,042,777$1,468,892
42$1,839,742$1,198,931$1,051,047$1,551,049
43$1,999,893$1,230,176$1,058,755$1,639,972
44$2,175,514$1,262,086$1,065,855$1,736,319
45$2,368,154$1,294,666$1,072,299$1,840,816
46$2,579,522$1,327,921$1,078,036$1,954,262
47$2,811,498$1,361,854$1,083,016$2,077,538
48$3,066,155$1,396,469$1,087,181$2,211,612
49$3,345,776$1,431,769$1,090,475$2,357,555
50$3,652,874$1,467,755$1,092,835$2,516,544
51$3,990,220$1,504,428$1,094,198$2,689,876
52$4,360,865$1,541,787$1,094,496$2,878,981
53$4,768,171$1,579,832$1,093,659$3,085,435
54$5,215,840$1,618,560$1,091,612$3,310,974
55$5,707,953$1,657,967$1,088,279$3,557,513
56$6,249,005$1,698,048$1,083,577$3,827,159
57$6,843,947$1,738,796$1,077,420$4,122,237
58$7,498,237$1,780,204$1,069,721$4,445,308
59$8,217,884$1,822,261$1,060,383$4,799,194
60$9,009,512$1,864,956$1,049,310$5,187,008
61$9,880,419$1,908,275$1,036,399$5,612,177
62$10,838,644$1,952,203$1,021,541$6,078,480
63$11,893,047$1,996,722$1,004,623$6,590,083
64$13,053,387$2,041,811$985,528$7,151,574
65$14,330,421$2,087,448$964,131$7,768,013
66$15,735,998$2,133,607$940,304$8,444,976
67$17,283,176$2,180,260$913,910$9,188,608
68$18,986,343$2,227,375$884,809$10,005,682
69$20,861,351$2,274,918$852,851$10,903,662
70$22,925,670$2,322,850$817,883$11,890,776
71$25,198,548$2,371,130$779,742$12,976,091
72$27,701,195$2,419,710$738,258$14,169,602
73$30,456,983$2,468,542$693,255$15,482,324
74$33,491,664$2,517,569$644,549$16,926,396
75$36,833,617$2,566,733$591,944$18,515,199
76$40,514,112$2,615,969$535,240$20,263,479
77$44,567,606$2,665,207$474,226$22,187,490
78$49,032,070$2,714,370$408,681$24,305,145
79$53,949,345$2,763,378$338,375$26,636,187
80$59,365,535$2,812,140$263,068$29,202,374
81$65,331,448$2,860,564$182,509$32,027,689
82$71,903,069$2,908,544$96,436$35,138,562
83$79,142,091$2,955,972$4,575$38,564,123
84$87,116,498$3,002,728$0$42,336,477
85$95,901,205$3,048,686$0$46,513,942
86$105,578,764$3,093,708$0$51,115,268
87$116,240,148$3,137,649$0$56,182,386
88$127,985,601$3,180,353$0$61,762,742
89$140,925,593$3,221,651$0$67,908,623
90$155,181,857$3,261,364$0$74,677,649
91$170,888,537$3,299,302$0$82,133,317
92$188,193,460$3,335,260$0$90,345,602
93$207,259,525$3,369,020$0$99,391,617
94$228,266,245$3,400,350$0$109,356,343
95$251,411,436$3,429,002$0$120,333,429
96$276,913,092$3,454,712$0$132,426,076
97$305,011,433$3,477,198$0$145,748,017
98$335,971,181$3,496,163$0$160,424,583
99$370,084,054$3,511,287$0$176,593,895
100$407,671,519$3,522,233$0$194,408,161