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%13.9%
1 years$78,368$77,669$76,988$76,324$75,675$74,452
2 years$38,796$38,073$37,373$36,694$36,036$34,807
3 years$25,607$24,881$24,183$23,510$22,862$21,666
4 years$19,014$18,290$17,599$16,938$16,306$15,151
5 years$15,059$14,340$13,657$13,010$12,395$11,286
6 years$12,423$11,710$11,037$10,404$9,808$8,745
7 years$10,541$9,834$9,172$8,554$7,977$6,960
8 years$9,131$8,429$7,779$7,176$6,617$5,647
9 years$8,034$7,339$6,700$6,112$5,573$4,648
10 years$7,157$6,469$5,841$5,269$4,748$3,869
11 years$6,440$5,759$5,142$4,585$4,084$3,249
12 years$5,843$5,169$4,564$4,022$3,539$2,747
13 years$5,338$4,671$4,077$3,551$3,086$2,336
14 years$4,906$4,246$3,663$3,152$2,705$1,996
15 years$4,532$3,879$3,308$2,811$2,382$1,712
16 years$4,204$3,559$2,999$2,517$2,105$1,473
17 years$3,916$3,278$2,729$2,261$1,866$1,271
18 years$3,660$3,029$2,491$2,038$1,660$1,100
19 years$3,431$2,807$2,280$1,842$1,479$953
20 years$3,225$2,608$2,093$1,668$1,321$828
21 years$3,039$2,430$1,925$1,514$1,182$720
22 years$2,871$2,268$1,774$1,376$1,060$626
23 years$2,717$2,121$1,638$1,253$951$546
24 years$2,576$1,987$1,515$1,143$855$476
25 years$2,447$1,865$1,403$1,044$769$416
26 years$2,327$1,753$1,301$955$693$363
27 years$2,217$1,650$1,209$874$625$318
28 years$2,115$1,554$1,123$801$564$278
29 years$2,020$1,466$1,045$734$509$243
30 years$1,932$1,385$974$674$460$213
31 years$1,849$1,309$908$619$416$186
32 years$1,772$1,239$847$569$376$163
33 years$1,700$1,173$791$523$340$143
34 years$1,632$1,112$739$481$308$125
35 years$1,568$1,055$691$443$279$110
36 years$1,507$1,001$646$408$253$96
37 years$1,450$951$605$376$229$85
38 years$1,397$903$566$346$208$74
39 years$1,346$859$531$319$189$65
40 years$1,297$817$497$295$171$57
41 years$1,252$778$466$272$155$50
42 years$1,208$741$438$251$141$44
43 years$1,167$706$411$232$128$39
44 years$1,128$673$385$214$116$34
45 years$1,090$642$362$197$105$30
46 years$1,054$612$340$182$96$26
47 years$1,020$584$319$169$87$23
48 years$988$558$300$156$79$20
49 years$956$533$282$144$72$18
50 years$927$509$265$133$65$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $949,000, adding $4,002 every year, while hoping to spend $43,632 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: 33/45/22 Blend
34$949,000$949,000$949,000$949,000
35$1,049,926$999,629$984,920$1,077,372
36$1,110,594$1,002,187$971,490$1,100,777
37$1,175,989$1,003,407$956,149$1,121,739
38$1,246,545$1,003,180$938,785$1,143,437
39$1,322,741$1,001,384$919,283$1,165,963
40$1,405,105$997,897$897,523$1,189,423
41$1,494,214$992,582$873,379$1,213,934
42$1,590,705$985,300$846,718$1,239,632
43$1,695,277$975,899$817,403$1,266,669
44$1,808,698$964,221$785,289$1,295,216
45$1,931,814$950,096$750,225$1,325,466
46$2,065,554$933,346$712,052$1,357,638
47$2,210,942$913,781$670,607$1,391,977
48$2,369,102$891,201$625,717$1,428,757
49$2,541,273$865,392$577,201$1,468,289
50$2,728,817$836,131$524,871$1,510,918
51$2,933,233$803,178$468,531$1,557,032
52$3,156,170$766,281$407,975$1,607,067
53$3,399,446$725,175$342,988$1,661,508
54$3,665,058$679,577$273,347$1,720,898
55$3,955,206$629,189$198,817$1,785,843
56$4,272,314$573,696$119,154$1,857,020
57$4,619,048$512,765$34,103$1,935,184
58$4,998,343$446,043$0$2,021,176
59$5,413,434$373,158$0$2,129,234
60$5,867,879$293,718$0$2,256,507
61$6,365,599$207,307$0$2,396,212
62$6,910,912$113,487$0$2,549,711
63$7,508,571$11,794$0$2,718,514
64$8,163,813$0$0$2,904,293
65$8,882,405$0$0$3,157,558
66$9,670,698$0$0$3,441,941
67$10,535,689$0$0$3,754,145
68$11,485,085$0$0$4,096,968
69$12,527,374$0$0$4,473,496
70$13,671,907$0$0$4,887,127
71$14,928,985$0$0$5,341,605
72$16,309,954$0$0$5,841,053
73$17,827,316$0$0$6,390,015
74$19,494,842$0$0$6,993,496
75$21,327,704$0$0$7,657,011
76$23,342,616$0$0$8,386,634
77$25,557,993$0$0$9,189,061
78$27,994,122$0$0$10,071,665
79$30,673,357$0$0$11,042,572
80$33,620,325$0$0$12,110,735
81$36,862,160$0$0$13,286,018
82$40,428,757$0$0$14,579,290
83$44,353,057$0$0$16,002,525
84$48,671,354$0$0$17,568,920
85$53,423,636$0$0$19,293,011
86$58,653,968$0$0$21,190,820
87$64,410,898$0$0$23,279,998
88$70,747,923$0$0$25,579,995
89$77,723,990$0$0$28,112,243
90$85,404,047$0$0$30,900,358
91$93,859,666$0$0$33,970,361
92$103,169,706$0$0$37,350,927
93$113,421,066$0$0$41,073,652
94$124,709,498$0$0$45,173,352
95$137,140,513$0$0$49,688,392
96$150,830,378$0$0$54,661,048
97$165,907,207$0$0$60,137,905
98$182,512,174$0$0$66,170,296
99$200,800,845$0$0$72,814,789
100$220,944,642$0$0$80,133,716