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%18.4%
1 years$78,533$77,833$77,151$76,485$75,834$73,260
2 years$38,878$38,154$37,452$36,771$36,111$33,544
3 years$25,661$24,934$24,234$23,560$22,911$20,430
4 years$19,054$18,329$17,636$16,974$16,340$13,966
5 years$15,091$14,370$13,686$13,037$12,421$10,160
6 years$12,449$11,734$11,061$10,426$9,829$7,681
7 years$10,564$9,854$9,191$8,572$7,993$5,960
8 years$9,150$8,447$7,795$7,191$6,631$4,710
9 years$8,051$7,355$6,714$6,125$5,584$3,773
10 years$7,172$6,483$5,853$5,280$4,758$3,054
11 years$6,454$5,771$5,153$4,595$4,092$2,492
12 years$5,855$5,180$4,573$4,030$3,546$2,046
13 years$5,350$4,681$4,086$3,558$3,092$1,688
14 years$4,916$4,255$3,671$3,159$2,711$1,398
15 years$4,541$3,887$3,315$2,817$2,387$1,162
16 years$4,213$3,566$3,005$2,522$2,109$969
17 years$3,924$3,284$2,735$2,266$1,870$809
18 years$3,668$3,035$2,496$2,042$1,663$677
19 years$3,438$2,813$2,285$1,845$1,482$567
20 years$3,232$2,614$2,097$1,671$1,324$476
21 years$3,046$2,435$1,929$1,517$1,185$400
22 years$2,877$2,273$1,778$1,379$1,062$336
23 years$2,723$2,126$1,642$1,256$953$283
24 years$2,581$1,992$1,518$1,146$857$238
25 years$2,452$1,869$1,406$1,046$771$201
26 years$2,332$1,756$1,304$957$695$169
27 years$2,222$1,653$1,211$876$626$142
28 years$2,120$1,558$1,126$802$565$120
29 years$2,024$1,469$1,048$736$510$101
30 years$1,936$1,388$976$675$461$85
31 years$1,853$1,312$910$620$417$72
32 years$1,776$1,241$849$570$377$61
33 years$1,703$1,176$793$524$341$51
34 years$1,635$1,114$741$482$309$43
35 years$1,571$1,057$692$444$280$37
36 years$1,510$1,003$648$409$254$31
37 years$1,453$953$606$377$230$26
38 years$1,399$905$568$347$208$22
39 years$1,348$861$532$320$189$19
40 years$1,300$819$499$295$171$16
41 years$1,254$780$467$272$155$13
42 years$1,211$743$438$251$141$11
43 years$1,169$707$411$232$128$9
44 years$1,130$674$386$214$116$8
45 years$1,092$643$363$198$105$7
46 years$1,057$613$341$183$96$6
47 years$1,022$585$320$169$87$5
48 years$990$559$301$156$79$4
49 years$958$534$283$144$72$3
50 years$929$510$266$133$65$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $951,000, adding $2,294 every year, while hoping to spend $35,903 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: 63/13/24 Blend
34$951,000$951,000$951,000$951,000
35$1,050,368$999,965$985,225$1,109,783
36$1,119,305$1,010,763$980,029$1,161,018
37$1,194,071$1,020,887$973,456$1,212,770
38$1,275,221$1,030,265$965,422$1,268,493
39$1,363,368$1,038,823$955,838$1,328,580
40$1,459,185$1,046,479$944,613$1,393,466
41$1,563,414$1,053,148$931,649$1,463,629
42$1,676,869$1,058,739$916,846$1,539,598
43$1,800,447$1,063,154$900,098$1,621,955
44$1,935,134$1,066,291$881,293$1,711,344
45$2,082,018$1,068,039$860,316$1,808,476
46$2,242,293$1,068,282$837,046$1,914,135
47$2,417,275$1,066,896$811,355$2,029,186
48$2,608,413$1,063,750$783,111$2,154,583
49$2,817,301$1,058,703$752,175$2,291,382
50$3,045,694$1,051,609$718,402$2,440,743
51$3,295,527$1,042,309$681,640$2,603,951
52$3,568,926$1,030,638$641,730$2,782,421
53$3,868,235$1,016,418$598,507$2,977,715
54$4,196,035$999,462$551,797$3,191,556
55$4,555,168$979,573$501,420$3,425,845
56$4,948,763$956,540$447,185$3,682,680
57$5,380,267$930,141$388,897$3,964,374
58$5,853,477$900,141$326,347$4,273,480
59$6,372,574$866,290$259,322$4,612,814
60$6,942,162$828,324$187,595$4,985,481
61$7,567,316$785,965$110,933$5,394,908
62$8,253,623$738,918$29,089$5,844,873
63$9,007,237$686,870$0$6,339,542
64$9,834,941$629,491$0$6,898,431
65$10,744,202$566,434$0$7,520,610
66$11,743,250$497,329$0$8,204,285
67$12,841,150$421,787$0$8,955,694
68$14,047,889$339,395$0$9,781,716
69$15,374,469$249,721$0$10,689,928
70$16,833,011$152,303$0$11,688,684
71$18,436,870$46,659$0$12,787,187
72$20,200,760$0$0$13,995,584
73$22,140,892$0$0$15,334,741
74$24,275,127$0$0$16,815,296
75$26,623,143$0$0$18,444,234
76$29,206,623$0$0$20,236,608
77$32,049,457$0$0$22,209,002
78$35,177,969$0$0$24,379,691
79$38,621,163$0$0$26,768,809
80$42,410,996$0$0$29,398,542
81$46,582,682$0$0$32,293,337
82$51,175,021$0$0$35,480,129
83$56,230,768$0$0$38,988,599
84$61,797,032$0$0$42,851,453
85$67,925,722$0$0$47,104,727
86$74,674,038$0$0$51,788,132
87$82,105,010$0$0$56,945,424
88$90,288,088$0$0$62,624,818
89$99,299,804$0$0$68,879,447
90$109,224,489$0$0$75,767,855
91$120,155,068$0$0$83,354,555
92$132,193,942$0$0$91,710,638
93$145,453,947$0$0$100,914,440
94$160,059,424$0$0$111,052,283
95$176,147,388$0$0$122,219,290
96$193,868,825$0$0$134,520,281
97$213,390,111$0$0$148,070,765
98$234,894,589$0$0$162,998,024
99$258,584,293$0$0$179,442,321
100$284,681,855$0$0$197,558,218