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%16%
1 years$78,368$77,669$76,988$76,324$75,675$73,815
2 years$38,796$38,073$37,373$36,694$36,036$34,174
3 years$25,607$24,881$24,183$23,510$22,862$21,056
4 years$19,014$18,290$17,599$16,938$16,306$14,569
5 years$15,059$14,340$13,657$13,010$12,395$10,733
6 years$12,423$11,710$11,037$10,404$9,808$8,222
7 years$10,541$9,834$9,172$8,554$7,977$6,467
8 years$9,131$8,429$7,779$7,176$6,617$5,184
9 years$8,034$7,339$6,700$6,112$5,573$4,214
10 years$7,157$6,469$5,841$5,269$4,748$3,462
11 years$6,440$5,759$5,142$4,585$4,084$2,869
12 years$5,843$5,169$4,564$4,022$3,539$2,393
13 years$5,338$4,671$4,077$3,551$3,086$2,007
14 years$4,906$4,246$3,663$3,152$2,705$1,690
15 years$4,532$3,879$3,308$2,811$2,382$1,429
16 years$4,204$3,559$2,999$2,517$2,105$1,212
17 years$3,916$3,278$2,729$2,261$1,866$1,030
18 years$3,660$3,029$2,491$2,038$1,660$877
19 years$3,431$2,807$2,280$1,842$1,479$749
20 years$3,225$2,608$2,093$1,668$1,321$640
21 years$3,039$2,430$1,925$1,514$1,182$547
22 years$2,871$2,268$1,774$1,376$1,060$469
23 years$2,717$2,121$1,638$1,253$951$402
24 years$2,576$1,987$1,515$1,143$855$345
25 years$2,447$1,865$1,403$1,044$769$296
26 years$2,327$1,753$1,301$955$693$254
27 years$2,217$1,650$1,209$874$625$219
28 years$2,115$1,554$1,123$801$564$188
29 years$2,020$1,466$1,045$734$509$162
30 years$1,932$1,385$974$674$460$139
31 years$1,849$1,309$908$619$416$120
32 years$1,772$1,239$847$569$376$103
33 years$1,700$1,173$791$523$340$89
34 years$1,632$1,112$739$481$308$76
35 years$1,568$1,055$691$443$279$66
36 years$1,507$1,001$646$408$253$57
37 years$1,450$951$605$376$229$49
38 years$1,397$903$566$346$208$42
39 years$1,346$859$531$319$189$36
40 years$1,297$817$497$295$171$31
41 years$1,252$778$466$272$155$27
42 years$1,208$741$438$251$141$23
43 years$1,167$706$411$232$128$20
44 years$1,128$673$385$214$116$17
45 years$1,090$642$362$197$105$15
46 years$1,054$612$340$182$96$13
47 years$1,020$584$319$169$87$11
48 years$988$558$300$156$79$10
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 $6,504 every year, while hoping to spend $49,306 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: 46/45/9 Blend
34$949,000$949,000$949,000$949,000
35$1,052,507$1,002,210$987,500$1,097,999
36$1,107,401$998,857$968,120$1,126,700
37$1,166,243$993,687$946,439$1,152,190
38$1,229,381$986,560$922,326$1,178,712
39$1,297,201$977,324$895,647$1,206,377
40$1,370,126$965,823$866,261$1,235,311
41$1,448,617$951,887$834,020$1,265,658
42$1,533,186$935,339$798,769$1,297,576
43$1,624,389$915,989$760,347$1,331,244
44$1,722,842$893,638$718,584$1,366,864
45$1,829,220$868,074$673,304$1,404,662
46$1,944,263$839,073$624,323$1,444,891
47$2,068,788$806,397$571,447$1,487,835
48$2,203,689$769,796$514,476$1,533,809
49$2,349,953$729,003$453,198$1,583,170
50$2,508,663$683,739$387,395$1,636,314
51$2,681,010$633,706$316,836$1,693,682
52$2,868,305$578,589$241,282$1,755,770
53$3,071,990$518,058$160,483$1,823,128
54$3,293,651$451,761$74,177$1,896,370
55$3,535,033$379,327$0$1,976,182
56$3,798,058$300,365$0$2,065,047
57$4,084,838$214,461$0$2,169,806
58$4,397,700$121,178$0$2,284,301
59$4,739,204$20,055$0$2,409,613
60$5,112,170$0$0$2,546,940
61$5,519,699$0$0$2,741,878
62$5,965,209$0$0$2,965,947
63$6,452,459$0$0$3,211,118
64$6,985,590$0$0$3,479,491
65$7,569,163$0$0$3,773,374
66$8,208,198$0$0$4,095,311
67$8,908,225$0$0$4,448,102
68$9,675,332$0$0$4,834,833
69$10,516,226$0$0$5,258,901
70$11,438,292$0$0$5,724,047
71$12,449,666$0$0$6,234,394
72$13,559,307$0$0$6,794,480
73$14,777,084$0$0$7,409,307
74$16,113,868$0$0$8,084,383
75$17,581,635$0$0$8,825,775
76$19,193,574$0$0$9,640,168
77$20,964,217$0$0$10,534,925
78$22,909,572$0$0$11,518,158
79$25,047,274$0$0$12,598,805
80$27,396,751$0$0$13,786,709
81$29,979,406$0$0$15,092,720
82$32,818,820$0$0$16,528,785
83$35,940,972$0$0$18,108,073
84$39,374,484$0$0$19,845,088
85$43,150,891$0$0$21,755,814
86$47,304,939$0$0$23,857,860
87$51,874,908$0$0$26,170,627
88$56,902,978$0$0$28,715,493
89$62,435,620$0$0$31,516,013
90$68,524,042$0$0$34,598,139
91$75,224,661$0$0$37,990,468
92$82,599,646$0$0$41,724,509
93$90,717,495$0$0$45,834,981
94$99,653,683$0$0$50,360,141
95$109,491,377$0$0$55,342,141
96$120,322,217$0$0$60,827,431
97$132,247,177$0$0$66,867,194
98$145,377,525$0$0$73,517,826
99$159,835,863$0$0$80,841,473
100$175,757,292$0$0$88,906,614