Can I retire at age 35 with 949,000?

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 $949,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.1%
1 years$78,368$77,669$76,988$76,324$75,675$73,785
2 years$38,796$38,073$37,373$36,694$36,036$34,144
3 years$25,607$24,881$24,183$23,510$22,862$21,028
4 years$19,014$18,290$17,599$16,938$16,306$14,542
5 years$15,059$14,340$13,657$13,010$12,395$10,708
6 years$12,423$11,710$11,037$10,404$9,808$8,198
7 years$10,541$9,834$9,172$8,554$7,977$6,445
8 years$9,131$8,429$7,779$7,176$6,617$5,163
9 years$8,034$7,339$6,700$6,112$5,573$4,194
10 years$7,157$6,469$5,841$5,269$4,748$3,444
11 years$6,440$5,759$5,142$4,585$4,084$2,852
12 years$5,843$5,169$4,564$4,022$3,539$2,377
13 years$5,338$4,671$4,077$3,551$3,086$1,992
14 years$4,906$4,246$3,663$3,152$2,705$1,677
15 years$4,532$3,879$3,308$2,811$2,382$1,417
16 years$4,204$3,559$2,999$2,517$2,105$1,200
17 years$3,916$3,278$2,729$2,261$1,866$1,020
18 years$3,660$3,029$2,491$2,038$1,660$868
19 years$3,431$2,807$2,280$1,842$1,479$740
20 years$3,225$2,608$2,093$1,668$1,321$632
21 years$3,039$2,430$1,925$1,514$1,182$540
22 years$2,871$2,268$1,774$1,376$1,060$462
23 years$2,717$2,121$1,638$1,253$951$396
24 years$2,576$1,987$1,515$1,143$855$340
25 years$2,447$1,865$1,403$1,044$769$291
26 years$2,327$1,753$1,301$955$693$250
27 years$2,217$1,650$1,209$874$625$215
28 years$2,115$1,554$1,123$801$564$185
29 years$2,020$1,466$1,045$734$509$159
30 years$1,932$1,385$974$674$460$136
31 years$1,849$1,309$908$619$416$117
32 years$1,772$1,239$847$569$376$101
33 years$1,700$1,173$791$523$340$87
34 years$1,632$1,112$739$481$308$75
35 years$1,568$1,055$691$443$279$64
36 years$1,507$1,001$646$408$253$55
37 years$1,450$951$605$376$229$48
38 years$1,397$903$566$346$208$41
39 years$1,346$859$531$319$189$35
40 years$1,297$817$497$295$171$30
41 years$1,252$778$466$272$155$26
42 years$1,208$741$438$251$141$23
43 years$1,167$706$411$232$128$19
44 years$1,128$673$385$214$116$17
45 years$1,090$642$362$197$105$14
46 years$1,054$612$340$182$96$12
47 years$1,020$584$319$169$87$11
48 years$988$558$300$156$79$9
49 years$956$533$282$144$72$8
50 years$927$509$265$133$65$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $949,000, adding $4,457 every year, while hoping to spend $46,580 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: 52/19/29 Blend
34$949,000$949,000$949,000$949,000
35$1,050,395$1,000,098$985,389$1,096,253
36$1,107,975$999,542$968,839$1,128,080
37$1,169,866$997,398$950,173$1,157,637
38$1,236,461$993,538$929,271$1,188,880
39$1,308,186$987,828$906,009$1,221,991
40$1,385,515$980,125$880,253$1,257,172
41$1,468,963$970,277$851,868$1,294,649
42$1,559,100$958,124$820,708$1,334,671
43$1,656,551$943,494$786,624$1,377,518
44$1,762,002$926,208$749,459$1,423,501
45$1,876,208$906,074$709,048$1,472,966
46$1,999,999$882,890$665,219$1,526,295
47$2,134,288$856,441$617,793$1,583,915
48$2,280,079$826,500$566,582$1,646,301
49$2,438,475$792,827$511,391$1,713,979
50$2,610,692$755,167$452,015$1,787,532
51$2,798,064$713,253$388,239$1,867,609
52$3,002,063$666,798$319,841$1,954,929
53$3,224,305$615,503$246,588$2,050,289
54$3,466,571$559,049$168,235$2,154,572
55$3,730,820$497,101$84,530$2,268,759
56$4,019,208$429,303$0$2,393,935
57$4,334,108$355,280$0$2,532,788
58$4,678,134$274,636$0$2,713,174
59$5,054,162$186,952$0$2,910,473
60$5,465,359$91,785$0$3,126,413
61$5,915,211$0$0$3,362,896
62$6,407,559$0$0$3,624,393
63$6,946,630$0$0$3,931,810
64$7,537,079$0$0$4,268,620
65$8,184,033$0$0$4,637,763
66$8,893,139$0$0$5,042,471
67$9,670,616$0$0$5,486,306
68$10,523,312$0$0$5,973,191
69$11,458,771$0$0$6,507,449
70$12,485,303$0$0$7,093,837
71$13,612,060$0$0$7,737,601
72$14,849,123$0$0$8,444,514
73$16,207,599$0$0$9,220,939
74$17,699,721$0$0$10,073,885
75$19,338,966$0$0$11,011,072
76$21,140,182$0$0$12,041,006
77$23,119,723$0$0$13,173,058
78$25,295,610$0$0$14,417,551
79$27,687,694$0$0$15,785,859
80$30,317,847$0$0$17,290,512
81$33,210,164$0$0$18,945,317
82$36,391,195$0$0$20,765,483
83$39,890,189$0$0$22,767,771
84$43,739,374$0$0$24,970,644
85$47,974,258$0$0$27,394,448
86$52,633,964$0$0$30,061,600
87$57,761,599$0$0$32,996,797
88$63,404,661$0$0$36,227,256
89$69,615,484$0$0$39,782,962
90$76,451,732$0$0$43,696,957
91$83,976,945$0$0$48,005,647
92$92,261,135$0$0$52,749,149
93$101,381,446$0$0$57,971,667
94$111,422,883$0$0$63,721,907
95$122,479,114$0$0$70,053,542
96$134,653,350$0$0$77,025,712
97$148,059,321$0$0$84,703,584
98$162,822,347$0$0$93,158,968
99$179,080,524$0$0$102,470,994
100$196,986,018$0$0$112,726,855