Can I retire at age 35 with 950,000?

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 $950,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11%
1 years$78,450$77,751$77,070$76,404$75,754$75,435
2 years$38,837$38,113$37,412$36,733$36,073$35,751
3 years$25,634$24,908$24,208$23,535$22,887$22,571
4 years$19,034$18,310$17,617$16,956$16,323$16,017
5 years$15,075$14,355$13,672$13,024$12,408$12,113
6 years$12,436$11,722$11,049$10,415$9,818$9,533
7 years$10,552$9,844$9,182$8,563$7,985$7,711
8 years$9,140$8,438$7,787$7,183$6,624$6,361
9 years$8,042$7,347$6,707$6,118$5,579$5,326
10 years$7,165$6,476$5,847$5,274$4,753$4,511
11 years$6,447$5,765$5,148$4,590$4,088$3,856
12 years$5,849$5,175$4,568$4,026$3,543$3,321
13 years$5,344$4,676$4,082$3,554$3,089$2,878
14 years$4,911$4,251$3,667$3,155$2,708$2,507
15 years$4,536$3,883$3,311$2,814$2,384$2,193
16 years$4,209$3,563$3,002$2,520$2,107$1,925
17 years$3,920$3,281$2,732$2,264$1,868$1,695
18 years$3,664$3,032$2,494$2,040$1,661$1,497
19 years$3,435$2,810$2,283$1,843$1,481$1,325
20 years$3,229$2,611$2,095$1,670$1,323$1,175
21 years$3,043$2,432$1,927$1,515$1,184$1,044
22 years$2,874$2,270$1,776$1,378$1,061$929
23 years$2,720$2,123$1,640$1,255$952$828
24 years$2,579$1,989$1,517$1,144$856$738
25 years$2,449$1,867$1,405$1,045$770$659
26 years$2,330$1,755$1,303$956$694$589
27 years$2,220$1,651$1,210$875$626$527
28 years$2,117$1,556$1,125$801$564$472
29 years$2,022$1,468$1,047$735$510$423
30 years$1,934$1,386$975$674$461$379
31 years$1,851$1,311$909$619$416$340
32 years$1,774$1,240$848$569$377$305
33 years$1,701$1,174$792$523$341$274
34 years$1,633$1,113$740$482$309$246
35 years$1,569$1,056$692$443$280$221
36 years$1,509$1,002$647$408$253$198
37 years$1,452$952$606$376$230$178
38 years$1,398$904$567$347$208$160
39 years$1,347$860$531$320$189$144
40 years$1,299$818$498$295$171$130
41 years$1,253$779$467$272$155$117
42 years$1,209$742$438$251$141$105
43 years$1,168$707$411$232$128$94
44 years$1,129$674$386$214$116$85
45 years$1,091$642$362$198$105$76
46 years$1,055$613$340$183$96$69
47 years$1,021$585$320$169$87$62
48 years$989$558$300$156$79$56
49 years$957$533$282$144$72$50
50 years$928$509$265$133$65$45

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $950,000, adding $6,402 every year, while hoping to spend $35,433 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: 43/45/12 Blend
34$950,000$950,000$950,000$950,000
35$1,053,504$1,003,154$988,429$1,094,875
36$1,123,261$1,014,608$983,841$1,135,866
37$1,198,945$1,025,436$977,911$1,176,189
38$1,281,125$1,035,569$970,558$1,219,088
39$1,370,423$1,044,935$961,695$1,264,813
40$1,467,526$1,053,457$951,232$1,313,643
41$1,573,189$1,061,052$939,074$1,365,884
42$1,688,244$1,067,633$925,122$1,421,876
43$1,813,603$1,073,105$909,272$1,481,997
44$1,950,273$1,077,370$891,416$1,546,661
45$2,099,362$1,080,322$871,439$1,616,331
46$2,262,088$1,081,849$849,224$1,691,516
47$2,439,793$1,081,832$824,644$1,772,780
48$2,633,953$1,080,143$797,571$1,860,746
49$2,846,195$1,076,648$767,868$1,956,106
50$3,078,307$1,071,205$735,393$2,059,622
51$3,332,263$1,063,661$699,996$2,172,139
52$3,610,230$1,053,858$661,523$2,294,589
53$3,914,600$1,041,623$619,810$2,428,006
54$4,248,003$1,026,776$574,687$2,573,528
55$4,613,338$1,009,127$525,978$2,732,419
56$5,013,796$988,472$473,496$2,906,071
57$5,452,893$964,597$417,048$3,096,025
58$5,934,500$937,274$356,431$3,303,983
59$6,462,881$906,263$291,434$3,531,826
60$7,042,734$871,309$221,836$3,781,633
61$7,679,232$832,142$147,406$4,055,699
62$8,378,074$788,477$67,905$4,356,561
63$9,145,538$740,013$0$4,687,020
64$9,988,540$686,430$0$5,052,339
65$10,914,698$627,392$0$5,463,186
66$11,932,404$562,542$0$5,914,667
67$13,050,906$491,503$0$6,410,983
68$14,280,389$413,877$0$6,956,774
69$15,632,075$329,244$0$7,557,160
70$17,118,329$237,158$0$8,217,788
71$18,752,771$137,152$0$8,944,893
72$20,550,410$28,729$0$9,745,351
73$22,527,782$0$0$10,626,751
74$24,703,104$0$0$11,641,355
75$27,096,450$0$0$12,773,435
76$29,729,937$0$0$14,019,245
77$32,627,933$0$0$15,390,329
78$35,817,289$0$0$16,899,409
79$39,327,591$0$0$18,560,502
80$43,191,437$0$0$20,389,053
81$47,444,747$0$0$22,402,080
82$52,127,099$0$0$24,618,337
83$57,282,106$0$0$27,058,487
84$62,957,822$0$0$29,745,297
85$69,207,199$0$0$32,703,858
86$76,088,584$0$0$35,961,815
87$83,666,271$0$0$39,549,632
88$92,011,107$0$0$43,500,877
89$101,201,158$0$0$47,852,541
90$111,322,450$0$0$52,645,383
91$122,469,775$0$0$57,924,319
92$134,747,589$0$0$63,738,844
93$148,270,995$0$0$70,143,497
94$163,166,833$0$0$77,198,378
95$179,574,869$0$0$84,969,715
96$197,649,124$0$0$93,530,487
97$217,559,318$0$0$102,961,114
98$239,492,476$0$0$113,350,217
99$263,654,692$0$0$124,795,451
100$290,273,075$0$0$137,404,429