Can I retire at age 35 with 947,000?

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 $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%19.8%
1 years$78,202$77,506$76,826$76,163$75,515$72,548
2 years$38,714$37,993$37,294$36,617$35,960$33,006
3 years$25,553$24,829$24,132$23,461$22,814$19,968
4 years$18,974$18,252$17,562$16,902$16,271$13,554
5 years$15,027$14,310$13,629$12,982$12,369$9,787
6 years$12,397$11,685$11,014$10,382$9,787$7,343
7 years$10,519$9,813$9,153$8,536$7,960$5,652
8 years$9,111$8,412$7,762$7,160$6,603$4,430
9 years$8,017$7,324$6,686$6,099$5,561$3,518
10 years$7,142$6,456$5,829$5,257$4,738$2,822
11 years$6,427$5,747$5,131$4,576$4,075$2,282
12 years$5,831$5,158$4,554$4,013$3,531$1,856
13 years$5,327$4,661$4,069$3,543$3,079$1,517
14 years$4,896$4,237$3,656$3,145$2,699$1,244
15 years$4,522$3,871$3,301$2,805$2,377$1,024
16 years$4,196$3,551$2,993$2,512$2,101$845
17 years$3,908$3,271$2,723$2,257$1,863$698
18 years$3,652$3,022$2,486$2,034$1,656$578
19 years$3,424$2,801$2,276$1,838$1,476$480
20 years$3,219$2,603$2,088$1,664$1,318$398
21 years$3,033$2,424$1,921$1,510$1,180$331
22 years$2,865$2,263$1,771$1,373$1,058$275
23 years$2,711$2,117$1,635$1,251$949$229
24 years$2,571$1,983$1,512$1,141$853$191
25 years$2,442$1,861$1,400$1,042$768$159
26 years$2,323$1,749$1,299$953$692$132
27 years$2,213$1,646$1,206$872$624$110
28 years$2,111$1,551$1,121$799$563$92
29 years$2,016$1,463$1,043$733$508$77
30 years$1,928$1,382$972$672$459$64
31 years$1,845$1,306$906$617$415$53
32 years$1,768$1,236$845$567$375$44
33 years$1,696$1,171$789$522$340$37
34 years$1,628$1,109$737$480$308$31
35 years$1,564$1,052$689$442$279$26
36 years$1,504$999$645$407$252$22
37 years$1,447$949$604$375$229$18
38 years$1,394$902$565$346$207$15
39 years$1,343$857$530$319$188$13
40 years$1,295$816$496$294$171$10
41 years$1,249$776$465$271$155$9
42 years$1,206$739$437$250$140$7
43 years$1,164$705$410$231$127$6
44 years$1,125$672$385$213$116$5
45 years$1,088$640$361$197$105$4
46 years$1,052$611$339$182$95$4
47 years$1,018$583$319$168$87$3
48 years$985$557$299$155$79$2
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 $6,052 every year, while hoping to spend $41,686 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: 41/37/22 Blend
34$947,000$947,000$947,000$947,000
35$1,049,837$999,646$984,967$1,085,861
36$1,112,566$1,004,275$973,610$1,116,824
37$1,180,297$1,007,733$960,475$1,145,877
38$1,253,496$1,009,921$945,459$1,176,481
39$1,332,674$1,010,728$928,454$1,208,802
40$1,418,395$1,010,042$909,345$1,243,025
41$1,511,278$1,007,741$888,015$1,279,355
42$1,612,003$1,003,695$864,338$1,318,021
43$1,721,320$997,768$838,186$1,359,279
44$1,840,051$989,815$809,421$1,403,414
45$1,969,102$979,682$777,903$1,450,742
46$2,109,469$967,205$743,481$1,501,618
47$2,262,248$952,212$706,001$1,556,434
48$2,428,646$934,518$665,301$1,615,627
49$2,609,989$913,931$621,209$1,679,682
50$2,807,738$890,244$573,550$1,749,140
51$3,023,501$863,240$522,138$1,824,600
52$3,259,047$832,687$466,778$1,906,729
53$3,516,324$798,343$407,269$1,996,266
54$3,797,476$759,949$343,400$2,094,031
55$4,104,864$717,231$274,949$2,200,936
56$4,441,086$669,902$201,687$2,317,990
57$4,809,006$617,656$123,372$2,446,314
58$5,211,774$560,171$39,754$2,587,149
59$5,652,859$497,104$0$2,741,871
60$6,136,085$428,096$0$2,923,619
61$6,665,658$352,765$0$3,133,182
62$7,246,214$270,709$0$3,363,155
63$7,882,858$181,504$0$3,615,679
64$8,581,211$84,700$0$3,893,120
65$9,347,467$0$0$4,198,091
66$10,188,447$0$0$4,541,695
67$11,111,664$0$0$4,956,881
68$12,125,395$0$0$5,412,901
69$13,238,757$0$0$5,913,874
70$14,461,794$0$0$6,464,336
71$15,805,571$0$0$7,069,283
72$17,282,276$0$0$7,734,220
73$18,905,338$0$0$8,465,213
74$20,689,551$0$0$9,268,943
75$22,651,213$0$0$10,152,772
76$24,808,282$0$0$11,124,812
77$27,180,541$0$0$12,193,998
78$29,789,788$0$0$13,370,176
79$32,660,038$0$0$14,664,195
80$35,817,752$0$0$16,088,007
81$39,292,083$0$0$17,654,782
82$43,115,156$0$0$19,379,030
83$47,322,364$0$0$21,276,741
84$51,952,704$0$0$23,365,531
85$57,049,149$0$0$25,664,813
86$62,659,044$0$0$28,195,975
87$68,834,562$0$0$30,982,587
88$75,633,188$0$0$34,050,617
89$83,118,265$0$0$37,428,683
90$91,359,591$0$0$41,148,316
91$100,434,074$0$0$45,244,261
92$110,426,463$0$0$49,754,805
93$121,430,141$0$0$54,722,137
94$133,548,009$0$0$60,192,746
95$146,893,458$0$0$66,217,859
96$161,591,435$0$0$72,853,925
97$177,779,623$0$0$80,163,148
98$195,609,741$0$0$88,214,073
99$215,248,973$0$0$97,082,232
100$236,881,549$0$0$106,850,858