Can I retire at age 35 with 951,000?

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 $951,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.8%
1 years$78,533$77,833$77,151$76,485$75,834$72,854
2 years$38,878$38,154$37,452$36,771$36,111$33,146
3 years$25,661$24,934$24,234$23,560$22,911$20,052
4 years$19,054$18,329$17,636$16,974$16,340$13,611
5 years$15,091$14,370$13,686$13,037$12,421$9,829
6 years$12,449$11,734$11,061$10,426$9,829$7,374
7 years$10,564$9,854$9,191$8,572$7,993$5,676
8 years$9,150$8,447$7,795$7,191$6,631$4,448
9 years$8,051$7,355$6,714$6,125$5,584$3,533
10 years$7,172$6,483$5,853$5,280$4,758$2,834
11 years$6,454$5,771$5,153$4,595$4,092$2,292
12 years$5,855$5,180$4,573$4,030$3,546$1,864
13 years$5,350$4,681$4,086$3,558$3,092$1,523
14 years$4,916$4,255$3,671$3,159$2,711$1,250
15 years$4,541$3,887$3,315$2,817$2,387$1,028
16 years$4,213$3,566$3,005$2,522$2,109$848
17 years$3,924$3,284$2,735$2,266$1,870$701
18 years$3,668$3,035$2,496$2,042$1,663$581
19 years$3,438$2,813$2,285$1,845$1,482$482
20 years$3,232$2,614$2,097$1,671$1,324$400
21 years$3,046$2,435$1,929$1,517$1,185$332
22 years$2,877$2,273$1,778$1,379$1,062$276
23 years$2,723$2,126$1,642$1,256$953$230
24 years$2,581$1,992$1,518$1,146$857$191
25 years$2,452$1,869$1,406$1,046$771$159
26 years$2,332$1,756$1,304$957$695$133
27 years$2,222$1,653$1,211$876$626$111
28 years$2,120$1,558$1,126$802$565$92
29 years$2,024$1,469$1,048$736$510$77
30 years$1,936$1,388$976$675$461$64
31 years$1,853$1,312$910$620$417$54
32 years$1,776$1,241$849$570$377$45
33 years$1,703$1,176$793$524$341$37
34 years$1,635$1,114$741$482$309$31
35 years$1,571$1,057$692$444$280$26
36 years$1,510$1,003$648$409$254$22
37 years$1,453$953$606$377$230$18
38 years$1,399$905$568$347$208$15
39 years$1,348$861$532$320$189$13
40 years$1,300$819$499$295$171$10
41 years$1,254$780$467$272$155$9
42 years$1,211$743$438$251$141$7
43 years$1,169$707$411$232$128$6
44 years$1,130$674$386$214$116$5
45 years$1,092$643$363$198$105$4
46 years$1,057$613$341$183$96$4
47 years$1,022$585$320$169$87$3
48 years$990$559$301$156$79$2
49 years$958$534$283$144$72$2
50 years$929$510$266$133$65$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $951,000, adding $5,421 every year, while hoping to spend $47,879 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: 67/24/9 Blend
34$951,000$951,000$951,000$951,000
35$1,053,594$1,003,191$988,450$1,121,950
36$1,110,117$1,001,404$970,620$1,166,274
37$1,170,802$997,925$950,589$1,208,474
38$1,236,021$992,621$928,231$1,253,350
39$1,306,185$985,349$903,416$1,301,158
40$1,381,744$975,960$876,009$1,352,180
41$1,463,194$964,294$845,867$1,406,728
42$1,551,078$950,182$812,842$1,465,147
43$1,645,993$933,446$776,777$1,527,820
44$1,748,596$913,897$737,511$1,595,167
45$1,859,607$891,332$694,872$1,667,655
46$1,979,821$865,541$648,684$1,745,800
47$2,110,107$836,298$598,760$1,830,172
48$2,251,427$803,365$544,907$1,921,401
49$2,404,832$766,489$486,921$2,020,183
50$2,571,483$725,406$424,591$2,127,287
51$2,752,656$679,832$357,696$2,243,563
52$2,949,752$629,469$286,005$2,369,953
53$3,164,317$574,003$209,276$2,507,492
54$3,398,049$513,101$127,258$2,657,330
55$3,652,817$446,410$39,688$2,820,733
56$3,930,678$373,558$0$2,999,101
57$4,233,898$294,153$0$3,199,145
58$4,564,968$207,779$0$3,421,811
59$4,926,632$113,998$0$3,665,201
60$5,321,912$12,347$0$3,931,427
61$5,754,132$0$0$4,222,823
62$6,226,954$0$0$4,567,754
63$6,744,409$0$0$4,948,871
64$7,310,938$0$0$5,366,192
65$7,931,429$0$0$5,823,325
66$8,611,265$0$0$6,324,243
67$9,356,375$0$0$6,873,323
68$10,173,290$0$0$7,475,386
69$11,069,201$0$0$8,135,740
70$12,052,029$0$0$8,860,233
71$13,130,500$0$0$9,655,305
72$14,314,223$0$0$10,528,052
73$15,613,784$0$0$11,486,288
74$17,040,846$0$0$12,538,622
75$18,608,253$0$0$13,694,537
76$20,330,157$0$0$14,964,480
77$22,222,147$0$0$16,359,960
78$24,301,397$0$0$17,893,656
79$26,586,826$0$0$19,579,535
80$29,099,280$0$0$21,432,987
81$31,861,724$0$0$23,470,966
82$34,899,457$0$0$25,712,151
83$38,240,356$0$0$28,177,122
84$41,915,134$0$0$30,888,553
85$45,957,628$0$0$33,871,427
86$50,405,121$0$0$37,153,270
87$55,298,693$0$0$40,764,411
88$60,683,605$0$0$44,738,265
89$66,609,728$0$0$49,111,652
90$73,132,012$0$0$53,925,143
91$80,311,005$0$0$59,223,439
92$88,213,419$0$0$65,055,795
93$96,912,766$0$0$71,476,487
94$106,490,047$0$0$78,545,317
95$117,034,514$0$0$86,328,181
96$128,644,515$0$0$94,897,692
97$141,428,419$0$0$104,333,860
98$155,505,639$0$0$114,724,850
99$171,007,758$0$0$126,167,813
100$188,079,771$0$0$138,769,801