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%19.5%
1 years$78,533$77,833$77,151$76,485$75,834$72,941
2 years$38,878$38,154$37,452$36,771$36,111$33,230
3 years$25,661$24,934$24,234$23,560$22,911$20,132
4 years$19,054$18,329$17,636$16,974$16,340$13,686
5 years$15,091$14,370$13,686$13,037$12,421$9,899
6 years$12,449$11,734$11,061$10,426$9,829$7,439
7 years$10,564$9,854$9,191$8,572$7,993$5,735
8 years$9,150$8,447$7,795$7,191$6,631$4,503
9 years$8,051$7,355$6,714$6,125$5,584$3,583
10 years$7,172$6,483$5,853$5,280$4,758$2,880
11 years$6,454$5,771$5,153$4,595$4,092$2,333
12 years$5,855$5,180$4,573$4,030$3,546$1,901
13 years$5,350$4,681$4,086$3,558$3,092$1,557
14 years$4,916$4,255$3,671$3,159$2,711$1,280
15 years$4,541$3,887$3,315$2,817$2,387$1,056
16 years$4,213$3,566$3,005$2,522$2,109$873
17 years$3,924$3,284$2,735$2,266$1,870$723
18 years$3,668$3,035$2,496$2,042$1,663$600
19 years$3,438$2,813$2,285$1,845$1,482$499
20 years$3,232$2,614$2,097$1,671$1,324$415
21 years$3,046$2,435$1,929$1,517$1,185$346
22 years$2,877$2,273$1,778$1,379$1,062$288
23 years$2,723$2,126$1,642$1,256$953$240
24 years$2,581$1,992$1,518$1,146$857$201
25 years$2,452$1,869$1,406$1,046$771$167
26 years$2,332$1,756$1,304$957$695$140
27 years$2,222$1,653$1,211$876$626$117
28 years$2,120$1,558$1,126$802$565$98
29 years$2,024$1,469$1,048$736$510$82
30 years$1,936$1,388$976$675$461$68
31 years$1,853$1,312$910$620$417$57
32 years$1,776$1,241$849$570$377$48
33 years$1,703$1,176$793$524$341$40
34 years$1,635$1,114$741$482$309$33
35 years$1,571$1,057$692$444$280$28
36 years$1,510$1,003$648$409$254$23
37 years$1,453$953$606$377$230$20
38 years$1,399$905$568$347$208$16
39 years$1,348$861$532$320$189$14
40 years$1,300$819$499$295$171$11
41 years$1,254$780$467$272$155$10
42 years$1,211$743$438$251$141$8
43 years$1,169$707$411$232$128$7
44 years$1,130$674$386$214$116$6
45 years$1,092$643$363$198$105$5
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$3
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 $4,835 every year, while hoping to spend $28,353 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: 66/20/14 Blend
34$951,000$951,000$951,000$951,000
35$1,052,989$1,002,586$987,846$1,118,726
36$1,130,227$1,021,546$990,771$1,182,180
37$1,214,392$1,040,484$992,844$1,247,746
38$1,306,162$1,059,370$994,007$1,318,703
39$1,406,282$1,078,170$994,197$1,395,576
40$1,515,571$1,096,848$993,351$1,478,946
41$1,634,932$1,115,366$991,401$1,569,450
42$1,765,357$1,133,682$988,275$1,667,792
43$1,907,942$1,151,750$983,900$1,774,748
44$2,063,889$1,169,523$978,198$1,891,173
45$2,234,526$1,186,950$971,088$2,018,006
46$2,421,310$1,203,973$962,482$2,156,288
47$2,625,852$1,220,535$952,293$2,307,161
48$2,849,919$1,236,573$940,426$2,471,887
49$3,095,463$1,252,017$926,782$2,651,855
50$3,364,630$1,266,795$911,259$2,848,597
51$3,659,786$1,280,831$893,749$3,063,800
52$3,983,533$1,294,042$874,140$3,299,327
53$4,338,743$1,306,339$852,312$3,557,227
54$4,728,574$1,317,629$828,144$3,839,762
55$5,156,506$1,327,811$801,505$4,149,424
56$5,626,375$1,336,779$772,261$4,488,959
57$6,142,404$1,344,419$740,270$4,861,396
58$6,709,245$1,350,611$705,384$5,270,071
59$7,332,023$1,355,227$667,450$5,718,664
60$8,016,386$1,358,129$626,306$6,211,229
61$8,768,553$1,359,174$581,783$6,752,236
62$9,595,378$1,358,206$533,706$7,346,612
63$10,504,411$1,355,062$481,889$7,999,787
64$11,503,970$1,349,569$426,141$8,717,747
65$12,603,219$1,341,542$366,261$9,507,090
66$13,812,255$1,330,786$302,039$10,375,088
67$15,142,204$1,317,093$233,256$11,329,759
68$16,605,323$1,300,244$159,683$12,379,937
69$18,215,115$1,280,005$81,082$13,535,362
70$19,986,462$1,256,131$0$14,806,770
71$21,935,759$1,228,359$0$16,206,409
72$24,081,070$1,196,412$0$17,759,858
73$26,442,301$1,159,998$0$19,469,406
74$29,041,384$1,118,806$0$21,350,940
75$31,902,485$1,072,507$0$23,421,969
76$35,052,233$1,020,755$0$25,701,785
77$38,519,969$963,181$0$28,211,654
78$42,338,026$899,397$0$30,975,008
79$46,542,029$828,991$0$34,017,672
80$51,171,234$751,530$0$37,368,108
81$56,268,898$666,553$0$41,057,679
82$61,882,687$573,576$0$45,120,952
83$68,065,125$472,085$0$49,596,021
84$74,874,090$361,539$0$54,524,868
85$82,373,358$241,365$0$59,953,759
86$90,633,208$110,960$0$65,933,680
87$99,731,082$0$0$72,520,825
88$109,752,318$0$0$79,783,790
89$120,790,953$0$0$87,811,110
90$132,950,612$0$0$96,653,732
91$146,345,483$0$0$106,394,707
92$161,101,400$0$0$117,125,554
93$177,357,024$0$0$128,947,123
94$195,265,154$0$0$141,970,546
95$214,994,172$0$0$156,318,290
96$236,729,627$0$0$172,125,306
97$260,675,989$0$0$189,540,308
98$287,058,578$0$0$208,727,174
99$316,125,690$0$0$229,866,494
100$348,150,943$0$0$253,157,272