Can I retire at age 35 with 952,000?

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 $952,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.6%
1 years$78,615$77,915$77,232$76,565$75,914$74,779
2 years$38,918$38,194$37,491$36,810$36,149$35,009
3 years$25,688$24,960$24,259$23,585$22,935$21,824
4 years$19,074$18,348$17,655$16,991$16,357$15,284
5 years$15,107$14,385$13,701$13,051$12,434$11,403
6 years$12,463$11,747$11,072$10,437$9,839$8,850
7 years$10,575$9,865$9,201$8,581$8,002$7,055
8 years$9,159$8,456$7,803$7,198$6,638$5,734
9 years$8,059$7,362$6,721$6,131$5,590$4,729
10 years$7,180$6,490$5,859$5,285$4,763$3,943
11 years$6,460$5,777$5,159$4,600$4,097$3,317
12 years$5,862$5,185$4,578$4,035$3,550$2,810
13 years$5,355$4,686$4,090$3,562$3,096$2,395
14 years$4,921$4,260$3,675$3,162$2,714$2,050
15 years$4,546$3,891$3,318$2,820$2,389$1,762
16 years$4,218$3,570$3,008$2,525$2,112$1,520
17 years$3,928$3,288$2,737$2,269$1,872$1,314
18 years$3,671$3,038$2,499$2,044$1,665$1,139
19 years$3,442$2,816$2,288$1,847$1,484$990
20 years$3,236$2,617$2,100$1,673$1,325$861
21 years$3,049$2,437$1,931$1,518$1,186$750
22 years$2,880$2,275$1,780$1,381$1,063$655
23 years$2,725$2,128$1,643$1,257$954$572
24 years$2,584$1,994$1,520$1,147$858$500
25 years$2,454$1,871$1,408$1,047$772$438
26 years$2,335$1,758$1,306$958$695$383
27 years$2,224$1,655$1,212$877$627$336
28 years$2,122$1,559$1,127$803$566$295
29 years$2,027$1,471$1,049$736$511$258
30 years$1,938$1,389$977$676$461$227
31 years$1,855$1,313$911$621$417$199
32 years$1,778$1,243$850$570$377$175
33 years$1,705$1,177$793$525$342$154
34 years$1,637$1,115$741$483$309$135
35 years$1,572$1,058$693$444$280$119
36 years$1,512$1,004$648$409$254$104
37 years$1,455$954$607$377$230$92
38 years$1,401$906$568$348$209$81
39 years$1,350$862$532$320$189$71
40 years$1,302$820$499$296$172$62
41 years$1,256$781$468$273$156$55
42 years$1,212$743$439$252$141$48
43 years$1,171$708$412$232$128$42
44 years$1,131$675$387$214$116$37
45 years$1,094$644$363$198$106$33
46 years$1,058$614$341$183$96$29
47 years$1,023$586$320$169$87$25
48 years$991$559$301$156$79$22
49 years$959$534$283$144$72$20
50 years$929$510$266$133$65$17

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $952,000, adding $6,894 every year, while hoping to spend $49,393 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: 43/28/29 Blend
34$952,000$952,000$952,000$952,000
35$1,056,215$1,005,759$991,003$1,092,450
36$1,111,395$1,002,488$971,648$1,115,851
37$1,170,548$997,400$949,989$1,136,006
38$1,234,028$990,356$925,897$1,156,912
39$1,302,220$981,205$899,236$1,178,666
40$1,375,552$969,789$869,866$1,201,381
41$1,454,489$955,940$837,637$1,225,185
42$1,539,544$939,479$802,395$1,250,222
43$1,631,282$920,217$763,979$1,276,655
44$1,730,319$897,954$722,220$1,304,669
45$1,837,337$872,479$676,939$1,334,469
46$1,953,082$843,568$627,954$1,366,290
47$2,078,376$810,982$575,069$1,400,392
48$2,214,121$774,471$518,085$1,437,070
49$2,361,311$733,769$456,790$1,476,653
50$2,521,036$688,595$390,964$1,519,510
51$2,694,498$638,652$320,377$1,566,053
52$2,883,016$583,626$244,790$1,616,745
53$3,088,045$523,185$163,951$1,672,101
54$3,311,182$456,977$77,600$1,732,698
55$3,554,185$384,632$0$1,799,179
56$3,818,991$305,758$0$1,876,762
57$4,107,729$219,941$0$1,987,662
58$4,422,742$126,743$0$2,108,822
59$4,766,612$25,704$0$2,241,330
60$5,142,179$0$0$2,386,387
61$5,552,568$0$0$2,571,101
62$6,001,223$0$0$2,781,809
63$6,491,932$0$0$3,012,386
64$7,028,869$0$0$3,264,806
65$7,616,629$0$0$3,541,247
66$8,260,271$0$0$3,844,102
67$8,965,367$0$0$4,176,010
68$9,738,053$0$0$4,539,877
69$10,585,087$0$0$4,938,903
70$11,513,912$0$0$5,376,612
71$12,532,725$0$0$5,856,886
72$13,650,555$0$0$6,384,002
73$14,877,347$0$0$6,962,670
74$16,224,058$0$0$7,598,078
75$17,702,753$0$0$8,295,942
76$19,326,726$0$0$9,062,559
77$21,110,621$0$0$9,904,864
78$23,070,569$0$0$10,830,498
79$25,224,341$0$0$11,847,880
80$27,591,516$0$0$12,966,285
81$30,193,664$0$0$14,195,929
82$33,054,546$0$0$15,548,070
83$36,200,344$0$0$17,035,111
84$39,659,902$0$0$18,670,715
85$43,465,000$0$0$20,469,939
86$47,650,650$0$0$22,449,370
87$52,255,432$0$0$24,627,286
88$57,321,850$0$0$27,023,823
89$62,896,739$0$0$29,661,170
90$69,031,700$0$0$32,563,776
91$75,783,591$0$0$35,758,578
92$83,215,061$0$0$39,275,259
93$91,395,140$0$0$43,146,525
94$100,399,889$0$0$47,408,413
95$110,313,119$0$0$52,100,633
96$121,227,181$0$0$57,266,942
97$133,243,834$0$0$62,955,553
98$146,475,207$0$0$69,219,595
99$161,044,856$0$0$76,117,611
100$177,088,928$0$0$83,714,109