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%12.6%
1 years$78,202$77,506$76,826$76,163$75,515$74,695
2 years$38,714$37,993$37,294$36,617$35,960$35,134
3 years$25,553$24,829$24,132$23,461$22,814$22,009
4 years$18,974$18,252$17,562$16,902$16,271$15,492
5 years$15,027$14,310$13,629$12,982$12,369$11,618
6 years$12,397$11,685$11,014$10,382$9,787$9,066
7 years$10,519$9,813$9,153$8,536$7,960$7,268
8 years$9,111$8,412$7,762$7,160$6,603$5,941
9 years$8,017$7,324$6,686$6,099$5,561$4,928
10 years$7,142$6,456$5,829$5,257$4,738$4,135
11 years$6,427$5,747$5,131$4,576$4,075$3,500
12 years$5,831$5,158$4,554$4,013$3,531$2,984
13 years$5,327$4,661$4,069$3,543$3,079$2,559
14 years$4,896$4,237$3,656$3,145$2,699$2,206
15 years$4,522$3,871$3,301$2,805$2,377$1,909
16 years$4,196$3,551$2,993$2,512$2,101$1,658
17 years$3,908$3,271$2,723$2,257$1,863$1,444
18 years$3,652$3,022$2,486$2,034$1,656$1,261
19 years$3,424$2,801$2,276$1,838$1,476$1,103
20 years$3,219$2,603$2,088$1,664$1,318$967
21 years$3,033$2,424$1,921$1,510$1,180$849
22 years$2,865$2,263$1,771$1,373$1,058$746
23 years$2,711$2,117$1,635$1,251$949$657
24 years$2,571$1,983$1,512$1,141$853$579
25 years$2,442$1,861$1,400$1,042$768$511
26 years$2,323$1,749$1,299$953$692$451
27 years$2,213$1,646$1,206$872$624$398
28 years$2,111$1,551$1,121$799$563$352
29 years$2,016$1,463$1,043$733$508$311
30 years$1,928$1,382$972$672$459$275
31 years$1,845$1,306$906$617$415$244
32 years$1,768$1,236$845$567$375$216
33 years$1,696$1,171$789$522$340$191
34 years$1,628$1,109$737$480$308$169
35 years$1,564$1,052$689$442$279$150
36 years$1,504$999$645$407$252$133
37 years$1,447$949$604$375$229$118
38 years$1,394$902$565$346$207$105
39 years$1,343$857$530$319$188$93
40 years$1,295$816$496$294$171$82
41 years$1,249$776$465$271$155$73
42 years$1,206$739$437$250$140$65
43 years$1,164$705$410$231$127$58
44 years$1,125$672$385$213$116$51
45 years$1,088$640$361$197$105$45
46 years$1,052$611$339$182$95$40
47 years$1,018$583$319$168$87$36
48 years$985$557$299$155$79$32
49 years$954$531$281$144$71$28
50 years$925$508$265$133$65$25

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $947,000, adding $2,114 every year, while hoping to spend $20,903 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: 34/48/18 Blend
34$947,000$947,000$947,000$947,000
35$1,045,775$995,584$980,905$1,075,465
36$1,130,203$1,022,127$991,525$1,124,007
37$1,222,542$1,049,270$1,001,800$1,174,229
38$1,323,578$1,077,020$1,011,696$1,227,945
39$1,434,174$1,105,385$1,021,179$1,285,477
40$1,555,281$1,134,370$1,030,210$1,347,178
41$1,687,949$1,163,983$1,038,751$1,413,436
42$1,833,330$1,194,229$1,046,759$1,484,680
43$1,992,696$1,225,113$1,054,193$1,561,379
44$2,167,448$1,256,640$1,061,004$1,644,052
45$2,359,126$1,288,814$1,067,147$1,733,270
46$2,569,429$1,321,638$1,072,568$1,829,663
47$2,800,228$1,355,115$1,077,216$1,933,921
48$3,053,583$1,389,247$1,081,035$2,046,808
49$3,331,763$1,424,035$1,083,964$2,169,163
50$3,637,270$1,459,480$1,085,944$2,301,913
51$3,972,856$1,495,579$1,086,908$2,446,076
52$4,341,557$1,532,332$1,086,789$2,602,776
53$4,746,715$1,569,736$1,085,515$2,773,251
54$5,192,012$1,607,785$1,083,012$2,958,864
55$5,681,504$1,646,474$1,079,201$3,161,117
56$6,219,662$1,685,795$1,073,998$3,381,667
57$6,811,410$1,725,741$1,067,319$3,622,338
58$7,462,172$1,766,301$1,059,073$3,885,140
59$8,177,926$1,807,462$1,049,164$4,172,290
60$8,965,256$1,849,210$1,037,493$4,486,228
61$9,831,420$1,891,529$1,023,957$4,829,648
62$10,784,412$1,934,400$1,008,446$5,205,513
63$11,833,039$1,977,803$990,846$5,617,094
64$12,987,008$2,021,714$971,038$6,067,992
65$14,257,012$2,066,108$948,898$6,562,179
66$15,654,834$2,110,954$924,293$7,104,029
67$17,193,458$2,156,222$897,087$7,698,367
68$18,887,189$2,201,875$867,138$8,350,508
69$20,751,791$2,247,875$834,296$9,066,310
70$22,804,632$2,294,180$798,403$9,852,233
71$25,064,853$2,340,742$759,298$10,715,392
72$27,553,541$2,387,512$716,808$11,663,632
73$30,293,936$2,434,434$670,755$12,705,599
74$33,311,644$2,481,448$620,952$13,850,823
75$36,634,882$2,528,489$567,204$15,109,808
76$40,294,742$2,575,487$509,307$16,494,129
77$44,325,485$2,622,365$447,048$18,016,545
78$48,764,866$2,669,042$380,205$19,691,121
79$53,654,485$2,715,429$308,545$21,533,355
80$59,040,188$2,761,430$231,827$23,560,331
81$64,972,490$2,806,943$149,796$25,790,878
82$71,507,058$2,851,857$62,188$28,245,750
83$78,705,235$2,896,055$0$30,947,818
84$86,634,616$2,939,408$0$33,928,305
85$95,369,689$2,981,782$0$37,222,120
86$104,992,537$3,023,029$0$40,847,988
87$115,593,613$3,062,995$0$44,839,720
88$127,272,592$3,101,512$0$49,234,579
89$140,139,312$3,138,401$0$54,073,628
90$154,314,812$3,173,474$0$59,402,122
91$169,932,474$3,206,525$0$65,269,935
92$187,139,281$3,237,339$0$71,732,026
93$206,097,202$3,265,684$0$78,848,968
94$226,984,729$3,291,313$0$86,687,512
95$249,998,549$3,313,966$0$95,321,220
96$275,355,412$3,333,362$0$104,831,164
97$303,294,172$3,349,204$0$115,306,687
98$334,078,039$3,361,176$0$126,846,249
99$367,997,068$3,368,943$0$139,558,357
100$405,370,894$3,372,147$0$153,562,594