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%12.4%
1 years$78,450$77,751$77,070$76,404$75,754$74,994
2 years$38,837$38,113$37,412$36,733$36,073$35,308
3 years$25,634$24,908$24,208$23,535$22,887$22,139
4 years$19,034$18,310$17,617$16,956$16,323$15,600
5 years$15,075$14,355$13,672$13,024$12,408$11,711
6 years$12,436$11,722$11,049$10,415$9,818$9,148
7 years$10,552$9,844$9,182$8,563$7,985$7,342
8 years$9,140$8,438$7,787$7,183$6,624$6,009
9 years$8,042$7,347$6,707$6,118$5,579$4,990
10 years$7,165$6,476$5,847$5,274$4,753$4,192
11 years$6,447$5,765$5,148$4,590$4,088$3,553
12 years$5,849$5,175$4,568$4,026$3,543$3,033
13 years$5,344$4,676$4,082$3,554$3,089$2,604
14 years$4,911$4,251$3,667$3,155$2,708$2,248
15 years$4,536$3,883$3,311$2,814$2,384$1,948
16 years$4,209$3,563$3,002$2,520$2,107$1,694
17 years$3,920$3,281$2,732$2,264$1,868$1,477
18 years$3,664$3,032$2,494$2,040$1,661$1,292
19 years$3,435$2,810$2,283$1,843$1,481$1,132
20 years$3,229$2,611$2,095$1,670$1,323$994
21 years$3,043$2,432$1,927$1,515$1,184$874
22 years$2,874$2,270$1,776$1,378$1,061$769
23 years$2,720$2,123$1,640$1,255$952$678
24 years$2,579$1,989$1,517$1,144$856$599
25 years$2,449$1,867$1,405$1,045$770$529
26 years$2,330$1,755$1,303$956$694$468
27 years$2,220$1,651$1,210$875$626$414
28 years$2,117$1,556$1,125$801$564$366
29 years$2,022$1,468$1,047$735$510$324
30 years$1,934$1,386$975$674$461$288
31 years$1,851$1,311$909$619$416$255
32 years$1,774$1,240$848$569$377$226
33 years$1,701$1,174$792$523$341$201
34 years$1,633$1,113$740$482$309$178
35 years$1,569$1,056$692$443$280$158
36 years$1,509$1,002$647$408$253$140
37 years$1,452$952$606$376$230$125
38 years$1,398$904$567$347$208$111
39 years$1,347$860$531$320$189$98
40 years$1,299$818$498$295$171$87
41 years$1,253$779$467$272$155$78
42 years$1,209$742$438$251$141$69
43 years$1,168$707$411$232$128$61
44 years$1,129$674$386$214$116$55
45 years$1,091$642$362$198$105$49
46 years$1,055$613$340$183$96$43
47 years$1,021$585$320$169$87$38
48 years$989$558$300$156$79$34
49 years$957$533$282$144$72$30
50 years$928$509$265$133$65$27

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $950,000, adding $4,804 every year, while hoping to spend $40,086 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: 79/16/5 Blend
34$950,000$950,000$950,000$950,000
35$1,051,855$1,001,505$986,780$1,134,362
36$1,116,493$1,007,928$977,186$1,195,506
37$1,186,381$1,013,322$965,927$1,256,793
38$1,262,011$1,017,594$952,905$1,322,805
39$1,343,926$1,020,646$938,018$1,393,990
40$1,432,722$1,022,373$921,157$1,470,846
41$1,529,055$1,022,664$902,210$1,553,917
42$1,633,644$1,021,400$881,060$1,643,807
43$1,747,283$1,018,456$857,582$1,741,177
44$1,870,844$1,013,698$831,649$1,846,758
45$2,005,286$1,006,986$803,126$1,961,356
46$2,151,665$998,168$771,871$2,085,856
47$2,311,143$987,086$737,737$2,221,235
48$2,484,998$973,572$700,569$2,368,571
49$2,674,637$957,446$660,207$2,529,050
50$2,881,608$938,519$616,483$2,703,980
51$3,107,617$916,591$569,219$2,894,803
52$3,354,539$891,449$518,233$3,103,106
53$3,624,440$862,869$463,332$3,330,642
54$3,919,595$830,611$404,316$3,579,339
55$4,242,508$794,425$340,974$3,851,326
56$4,595,936$754,044$273,089$4,148,946
57$4,982,915$709,186$200,432$4,474,784
58$5,406,790$659,554$122,763$4,831,689
59$5,871,241$604,831$39,835$5,222,800
60$6,380,325$544,685$0$5,651,580
61$6,938,507$478,764$0$6,124,440
62$7,550,707$406,695$0$6,645,424
63$8,222,342$328,086$0$7,217,058
64$8,959,380$242,521$0$7,844,466
65$9,768,393$149,561$0$8,533,298
66$10,656,624$48,744$0$9,289,780
67$11,632,048$0$0$10,120,773
68$12,703,451$0$0$11,044,478
69$13,880,512$0$0$12,068,735
70$15,173,895$0$0$13,194,245
71$16,595,347$0$0$14,431,233
72$18,157,808$0$0$15,790,966
73$19,875,538$0$0$17,285,856
74$21,764,243$0$0$18,929,577
75$23,841,230$0$0$20,737,196
76$26,125,567$0$0$22,725,311
77$28,638,261$0$0$24,912,210
78$31,402,457$0$0$27,318,045
79$34,443,660$0$0$29,965,015
80$37,789,966$0$0$32,877,583
81$41,472,338$0$0$36,082,701
82$45,524,886$0$0$39,610,067
83$49,985,200$0$0$43,492,402
84$54,894,693$0$0$47,765,762
85$60,299,002$0$0$52,469,874
86$66,248,409$0$0$57,648,514
87$72,798,321$0$0$63,349,917
88$80,009,790$0$0$69,627,233
89$87,950,090$0$0$76,539,026
90$96,693,348$0$0$84,149,832
91$106,321,247$0$0$92,530,761
92$116,923,796$0$0$101,760,170
93$128,600,174$0$0$111,924,404
94$141,459,673$0$0$123,118,608
95$155,622,722$0$0$135,447,625
96$171,222,028$0$0$149,026,985
97$188,403,826$0$0$163,983,997
98$207,329,258$0$0$180,458,946
99$228,175,894$0$0$198,606,421
100$251,139,406$0$0$218,596,768