Can I retire at age 35 with 951,000?

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 $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%17.5%
1 years$78,533$77,833$77,151$76,485$75,834$73,524
2 years$38,878$38,154$37,452$36,771$36,111$33,804
3 years$25,661$24,934$24,234$23,560$22,911$20,678
4 years$19,054$18,329$17,636$16,974$16,340$14,200
5 years$15,091$14,370$13,686$13,037$12,421$10,379
6 years$12,449$11,734$11,061$10,426$9,829$7,886
7 years$10,564$9,854$9,191$8,572$7,993$6,150
8 years$9,150$8,447$7,795$7,191$6,631$4,886
9 years$8,051$7,355$6,714$6,125$5,584$3,936
10 years$7,172$6,483$5,853$5,280$4,758$3,204
11 years$6,454$5,771$5,153$4,595$4,092$2,629
12 years$5,855$5,180$4,573$4,030$3,546$2,171
13 years$5,350$4,681$4,086$3,558$3,092$1,803
14 years$4,916$4,255$3,671$3,159$2,711$1,503
15 years$4,541$3,887$3,315$2,817$2,387$1,257
16 years$4,213$3,566$3,005$2,522$2,109$1,055
17 years$3,924$3,284$2,735$2,266$1,870$887
18 years$3,668$3,035$2,496$2,042$1,663$747
19 years$3,438$2,813$2,285$1,845$1,482$630
20 years$3,232$2,614$2,097$1,671$1,324$533
21 years$3,046$2,435$1,929$1,517$1,185$450
22 years$2,877$2,273$1,778$1,379$1,062$381
23 years$2,723$2,126$1,642$1,256$953$323
24 years$2,581$1,992$1,518$1,146$857$274
25 years$2,452$1,869$1,406$1,046$771$232
26 years$2,332$1,756$1,304$957$695$197
27 years$2,222$1,653$1,211$876$626$168
28 years$2,120$1,558$1,126$802$565$142
29 years$2,024$1,469$1,048$736$510$121
30 years$1,936$1,388$976$675$461$103
31 years$1,853$1,312$910$620$417$87
32 years$1,776$1,241$849$570$377$74
33 years$1,703$1,176$793$524$341$63
34 years$1,635$1,114$741$482$309$54
35 years$1,571$1,057$692$444$280$46
36 years$1,510$1,003$648$409$254$39
37 years$1,453$953$606$377$230$33
38 years$1,399$905$568$347$208$28
39 years$1,348$861$532$320$189$24
40 years$1,300$819$499$295$171$20
41 years$1,254$780$467$272$155$17
42 years$1,211$743$438$251$141$15
43 years$1,169$707$411$232$128$13
44 years$1,130$674$386$214$116$11
45 years$1,092$643$363$198$105$9
46 years$1,057$613$341$183$96$8
47 years$1,022$585$320$169$87$7
48 years$990$559$301$156$79$6
49 years$958$534$283$144$72$5
50 years$929$510$266$133$65$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $951,000, adding $5,776 every year, while hoping to spend $58,208 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: 82/9/9 Blend
34$951,000$951,000$951,000$951,000
35$1,053,960$1,003,557$988,816$1,138,578
36$1,099,531$990,798$960,009$1,182,057
37$1,147,799$975,464$928,285$1,221,453
38$1,198,979$957,365$893,487$1,262,939
39$1,253,303$936,304$855,447$1,306,690
40$1,311,027$912,070$813,992$1,352,903
41$1,372,430$884,440$768,939$1,401,792
42$1,437,818$853,178$720,099$1,453,592
43$1,507,526$818,035$667,272$1,508,566
44$1,581,921$778,745$610,253$1,566,999
45$1,661,403$735,030$548,822$1,629,209
46$1,746,413$686,594$482,755$1,695,544
47$1,837,435$633,124$411,815$1,766,390
48$1,934,996$574,290$335,753$1,842,171
49$2,039,678$509,742$254,314$1,923,355
50$2,152,118$439,113$167,226$2,010,457
51$2,273,015$362,010$74,209$2,104,048
52$2,403,137$278,024$0$2,204,755
53$2,543,328$186,717$0$2,315,676
54$2,694,512$87,631$0$2,442,931
55$2,857,708$0$0$2,580,260
56$3,034,034$0$0$2,730,577
57$3,224,716$0$0$2,902,536
58$3,431,107$0$0$3,088,678
59$3,654,690$0$0$3,290,345
60$3,897,096$0$0$3,509,010
61$4,160,122$0$0$3,746,294
62$4,445,740$0$0$4,003,982
63$4,756,122$0$0$4,284,034
64$5,093,655$0$0$4,588,609
65$5,460,968$0$0$4,920,079
66$5,860,951$0$0$5,281,058
67$6,296,786$0$0$5,674,419
68$6,771,974$0$0$6,103,326
69$7,290,367$0$0$6,571,260
70$7,856,208$0$0$7,082,053
71$8,474,164$0$0$7,639,924
72$9,149,376$0$0$8,249,515
73$9,887,501$0$0$8,915,940
74$10,694,768$0$0$9,644,827
75$11,578,038$0$0$10,442,374
76$12,544,861$0$0$11,315,404
77$13,603,555$0$0$12,271,433
78$14,763,278$0$0$13,318,734
79$16,034,116$0$0$14,466,423
80$17,427,177$0$0$15,724,535
81$18,954,693$0$0$17,104,124
82$20,630,140$0$0$18,617,365
83$22,468,357$0$0$20,277,669
84$24,485,691$0$0$22,099,805
85$26,700,149$0$0$24,100,045
86$29,131,564$0$0$26,296,309
87$31,801,786$0$0$28,708,342
88$34,734,882$0$0$31,357,891
89$37,957,368$0$0$34,268,915
90$41,498,452$0$0$37,467,808
91$45,390,314$0$0$40,983,647
92$49,668,406$0$0$44,848,466
93$54,371,783$0$0$49,097,558
94$59,543,476$0$0$53,769,806
95$65,230,895$0$0$58,908,049
96$71,486,270$0$0$64,559,485
97$78,367,151$0$0$70,776,115
98$85,936,944$0$0$77,615,237
99$94,265,511$0$0$85,139,977
100$103,429,826$0$0$93,419,892