Can I retire at age 35 with 950,000?

Use the below retirement simulation to view the chances of a successful retirement.
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%12.8%
1 years$78,450$77,751$77,070$76,404$75,754$74,870
2 years$38,837$38,113$37,412$36,733$36,073$35,183
3 years$25,634$24,908$24,208$23,535$22,887$22,018
4 years$19,034$18,310$17,617$16,956$16,323$15,483
5 years$15,075$14,355$13,672$13,024$12,408$11,599
6 years$12,436$11,722$11,049$10,415$9,818$9,041
7 years$10,552$9,844$9,182$8,563$7,985$7,240
8 years$9,140$8,438$7,787$7,183$6,624$5,912
9 years$8,042$7,347$6,707$6,118$5,579$4,898
10 years$7,165$6,476$5,847$5,274$4,753$4,104
11 years$6,447$5,765$5,148$4,590$4,088$3,470
12 years$5,849$5,175$4,568$4,026$3,543$2,955
13 years$5,344$4,676$4,082$3,554$3,089$2,531
14 years$4,911$4,251$3,667$3,155$2,708$2,178
15 years$4,536$3,883$3,311$2,814$2,384$1,883
16 years$4,209$3,563$3,002$2,520$2,107$1,633
17 years$3,920$3,281$2,732$2,264$1,868$1,420
18 years$3,664$3,032$2,494$2,040$1,661$1,238
19 years$3,435$2,810$2,283$1,843$1,481$1,082
20 years$3,229$2,611$2,095$1,670$1,323$947
21 years$3,043$2,432$1,927$1,515$1,184$830
22 years$2,874$2,270$1,776$1,378$1,061$729
23 years$2,720$2,123$1,640$1,255$952$640
24 years$2,579$1,989$1,517$1,144$856$564
25 years$2,449$1,867$1,405$1,045$770$496
26 years$2,330$1,755$1,303$956$694$437
27 years$2,220$1,651$1,210$875$626$386
28 years$2,117$1,556$1,125$801$564$340
29 years$2,022$1,468$1,047$735$510$301
30 years$1,934$1,386$975$674$461$266
31 years$1,851$1,311$909$619$416$235
32 years$1,774$1,240$848$569$377$207
33 years$1,701$1,174$792$523$341$183
34 years$1,633$1,113$740$482$309$162
35 years$1,569$1,056$692$443$280$144
36 years$1,509$1,002$647$408$253$127
37 years$1,452$952$606$376$230$112
38 years$1,398$904$567$347$208$100
39 years$1,347$860$531$320$189$88
40 years$1,299$818$498$295$171$78
41 years$1,253$779$467$272$155$69
42 years$1,209$742$438$251$141$61
43 years$1,168$707$411$232$128$54
44 years$1,129$674$386$214$116$48
45 years$1,091$642$362$198$105$43
46 years$1,055$613$340$183$96$38
47 years$1,021$585$320$169$87$33
48 years$989$558$300$156$79$30
49 years$957$533$282$144$72$26
50 years$928$509$265$133$65$23

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $950,000, adding $2,863 every year, while hoping to spend $59,879 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: 23/50/27 Blend
34$950,000$950,000$950,000$950,000
35$1,049,853$999,503$984,778$1,064,964
36$1,093,227$984,768$954,057$1,063,457
37$1,139,019$967,304$920,301$1,056,598
38$1,187,411$946,914$883,343$1,047,974
39$1,238,604$923,390$843,012$1,037,479
40$1,292,816$896,510$799,127$1,025,001
41$1,350,285$866,042$751,500$1,010,426
42$1,411,273$831,736$699,934$993,635
43$1,476,065$793,333$644,224$974,506
44$1,544,971$750,554$584,153$952,914
45$1,618,334$703,107$519,498$928,727
46$1,696,527$650,683$450,024$901,814
47$1,779,959$592,952$375,486$872,038
48$1,869,079$529,570$295,629$839,259
49$1,964,376$460,171$210,184$803,337
50$2,066,391$384,368$118,873$764,126
51$2,175,713$301,752$21,406$721,481
52$2,292,990$211,892$0$675,256
53$2,418,933$114,333$0$649,103
54$2,554,322$8,593$0$627,203
55$2,700,014$0$0$603,334
56$2,856,948$0$0$635,682
57$3,026,158$0$0$675,784
58$3,208,778$0$0$719,197
59$3,406,055$0$0$766,235
60$3,619,359$0$0$817,241
61$3,850,195$0$0$872,595
62$4,100,218$0$0$932,713
63$4,371,249$0$0$998,053
64$4,665,288$0$0$1,069,118
65$4,984,537$0$0$1,146,465
66$5,331,417$0$0$1,230,702
67$5,708,589$0$0$1,322,501
68$6,118,984$0$0$1,422,601
69$6,565,824$0$0$1,531,816
70$7,052,658$0$0$1,651,039
71$7,583,388$0$0$1,781,258
72$8,162,311$0$0$1,923,555
73$8,794,154$0$0$2,079,126
74$9,484,123$0$0$2,249,286
75$10,237,946$0$0$2,435,481
76$11,061,933$0$0$2,639,307
77$11,963,028$0$0$2,862,518
78$12,948,877$0$0$3,107,048
79$14,027,899$0$0$3,375,025
80$15,209,366$0$0$3,668,795
81$16,503,487$0$0$3,990,938
82$17,921,506$0$0$4,344,300
83$19,475,805$0$0$4,732,013
84$21,180,020$0$0$5,157,527
85$23,049,173$0$0$5,624,644
86$25,099,806$0$0$6,137,549
87$27,350,142$0$0$6,700,856
88$29,820,252$0$0$7,319,643
89$32,532,245$0$0$7,999,509
90$35,510,477$0$0$8,746,620
91$38,781,777$0$0$9,567,766
92$42,375,701$0$0$10,470,434
93$46,324,807$0$0$11,462,866
94$50,664,966$0$0$12,554,146
95$55,435,695$0$0$13,754,282
96$60,680,529$0$0$15,074,299
97$66,447,434$0$0$16,526,347
98$72,789,254$0$0$18,123,808
99$79,764,211$0$0$19,881,432
100$87,436,453$0$0$21,815,467