Can I retire at age 35 with 949,000?

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 $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%11.9%
1 years$78,368$77,669$76,988$76,324$75,675$75,072
2 years$38,796$38,073$37,373$36,694$36,036$35,428
3 years$25,607$24,881$24,183$23,510$22,862$22,269
4 years$19,014$18,290$17,599$16,938$16,306$15,731
5 years$15,059$14,340$13,657$13,010$12,395$11,841
6 years$12,423$11,710$11,037$10,404$9,808$9,274
7 years$10,541$9,834$9,172$8,554$7,977$7,464
8 years$9,131$8,429$7,779$7,176$6,617$6,126
9 years$8,034$7,339$6,700$6,112$5,573$5,102
10 years$7,157$6,469$5,841$5,269$4,748$4,299
11 years$6,440$5,759$5,142$4,585$4,084$3,654
12 years$5,843$5,169$4,564$4,022$3,539$3,130
13 years$5,338$4,671$4,077$3,551$3,086$2,696
14 years$4,906$4,246$3,663$3,152$2,705$2,335
15 years$4,532$3,879$3,308$2,811$2,382$2,030
16 years$4,204$3,559$2,999$2,517$2,105$1,771
17 years$3,916$3,278$2,729$2,261$1,866$1,550
18 years$3,660$3,029$2,491$2,038$1,660$1,360
19 years$3,431$2,807$2,280$1,842$1,479$1,196
20 years$3,225$2,608$2,093$1,668$1,321$1,054
21 years$3,039$2,430$1,925$1,514$1,182$930
22 years$2,871$2,268$1,774$1,376$1,060$822
23 years$2,717$2,121$1,638$1,253$951$728
24 years$2,576$1,987$1,515$1,143$855$645
25 years$2,447$1,865$1,403$1,044$769$572
26 years$2,327$1,753$1,301$955$693$508
27 years$2,217$1,650$1,209$874$625$451
28 years$2,115$1,554$1,123$801$564$401
29 years$2,020$1,466$1,045$734$509$356
30 years$1,932$1,385$974$674$460$317
31 years$1,849$1,309$908$619$416$282
32 years$1,772$1,239$847$569$376$251
33 years$1,700$1,173$791$523$340$224
34 years$1,632$1,112$739$481$308$200
35 years$1,568$1,055$691$443$279$178
36 years$1,507$1,001$646$408$253$159
37 years$1,450$951$605$376$229$142
38 years$1,397$903$566$346$208$126
39 years$1,346$859$531$319$189$113
40 years$1,297$817$497$295$171$101
41 years$1,252$778$466$272$155$90
42 years$1,208$741$438$251$141$80
43 years$1,167$706$411$232$128$72
44 years$1,128$673$385$214$116$64
45 years$1,090$642$362$197$105$57
46 years$1,054$612$340$182$96$51
47 years$1,020$584$319$169$87$46
48 years$988$558$300$156$79$41
49 years$956$533$282$144$72$36
50 years$927$509$265$133$65$32

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $949,000, adding $5,959 every year, while hoping to spend $46,958 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: 62/31/7 Blend
34$949,000$949,000$949,000$949,000
35$1,051,945$1,001,648$986,938$1,115,360
36$1,109,280$1,000,765$970,038$1,157,557
37$1,170,890$998,266$950,997$1,197,588
38$1,237,160$994,021$929,695$1,240,076
39$1,308,516$987,893$906,005$1,285,258
40$1,385,423$979,738$879,795$1,333,395
41$1,468,392$969,402$850,924$1,384,777
42$1,557,987$956,721$819,248$1,439,724
43$1,654,824$941,523$784,616$1,498,593
44$1,759,583$923,625$746,868$1,561,776
45$1,873,011$902,832$705,838$1,629,707
46$1,995,928$878,941$661,353$1,702,869
47$2,129,236$851,733$613,232$1,781,795
48$2,273,928$820,977$561,286$1,867,074
49$2,431,095$786,432$505,315$1,959,358
50$2,601,938$747,838$445,114$2,059,369
51$2,787,777$704,924$380,467$2,167,906
52$2,990,066$657,400$311,148$2,285,851
53$3,210,403$604,963$236,922$2,414,181
54$3,450,548$547,290$157,543$2,553,976
55$3,712,437$484,041$72,754$2,706,429
56$3,998,202$414,855$0$2,872,861
57$4,310,189$339,353$0$3,056,055
58$4,650,979$257,133$0$3,262,185
59$5,023,416$167,770$0$3,487,616
60$5,430,631$70,816$0$3,734,339
61$5,876,068$0$0$4,004,557
62$6,363,522$0$0$4,312,366
63$6,897,171$0$0$4,675,860
64$7,481,617$0$0$5,074,025
65$8,121,926$0$0$5,510,321
66$8,823,677$0$0$5,988,561
67$9,593,017$0$0$6,512,940
68$10,436,713$0$0$7,088,083
69$11,362,220$0$0$7,719,082
70$12,377,749$0$0$8,411,544
71$13,492,344$0$0$9,171,649
72$14,715,968$0$0$10,006,202
73$16,059,595$0$0$10,922,699
74$17,535,314$0$0$11,929,399
75$19,156,442$0$0$13,035,398
76$20,937,649$0$0$14,250,719
77$22,895,098$0$0$15,586,403
78$25,046,594$0$0$17,054,613
79$27,411,752$0$0$18,668,749
80$30,012,184$0$0$20,443,577
81$32,871,700$0$0$22,395,361
82$36,016,532$0$0$24,542,024
83$39,475,583$0$0$26,903,309
84$43,280,696$0$0$29,500,973
85$47,466,956$0$0$32,358,984
86$52,073,021$0$0$35,503,754
87$57,141,485$0$0$38,964,380
88$62,719,277$0$0$42,772,927
89$68,858,110$0$0$46,964,722
90$75,614,959$0$0$51,578,692
91$83,052,607$0$0$56,657,730
92$91,240,230$0$0$62,249,096
93$100,254,053$0$0$68,404,869
94$110,178,066$0$0$75,182,432
95$121,104,818$0$0$82,645,014
96$133,136,290$0$0$90,862,290
97$146,384,854$0$0$99,911,033
98$160,974,334$0$0$109,875,843
99$177,041,175$0$0$120,849,941
100$194,735,729$0$0$132,936,051