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%13.1%
1 years$78,615$77,915$77,232$76,565$75,914$74,934
2 years$38,918$38,194$37,491$36,810$36,149$35,164
3 years$25,688$24,960$24,259$23,585$22,935$21,974
4 years$19,074$18,348$17,655$16,991$16,357$15,428
5 years$15,107$14,385$13,701$13,051$12,434$11,541
6 years$12,463$11,747$11,072$10,437$9,839$8,981
7 years$10,575$9,865$9,201$8,581$8,002$7,180
8 years$9,159$8,456$7,803$7,198$6,638$5,852
9 years$8,059$7,362$6,721$6,131$5,590$4,840
10 years$7,180$6,490$5,859$5,285$4,763$4,048
11 years$6,460$5,777$5,159$4,600$4,097$3,416
12 years$5,862$5,185$4,578$4,035$3,550$2,904
13 years$5,355$4,686$4,090$3,562$3,096$2,482
14 years$4,921$4,260$3,675$3,162$2,714$2,132
15 years$4,546$3,891$3,318$2,820$2,389$1,839
16 years$4,218$3,570$3,008$2,525$2,112$1,591
17 years$3,928$3,288$2,737$2,269$1,872$1,381
18 years$3,671$3,038$2,499$2,044$1,665$1,202
19 years$3,442$2,816$2,288$1,847$1,484$1,048
20 years$3,236$2,617$2,100$1,673$1,325$915
21 years$3,049$2,437$1,931$1,518$1,186$800
22 years$2,880$2,275$1,780$1,381$1,063$701
23 years$2,725$2,128$1,643$1,257$954$615
24 years$2,584$1,994$1,520$1,147$858$540
25 years$2,454$1,871$1,408$1,047$772$474
26 years$2,335$1,758$1,306$958$695$417
27 years$2,224$1,655$1,212$877$627$367
28 years$2,122$1,559$1,127$803$566$323
29 years$2,027$1,471$1,049$736$511$284
30 years$1,938$1,389$977$676$461$251
31 years$1,855$1,313$911$621$417$221
32 years$1,778$1,243$850$570$377$195
33 years$1,705$1,177$793$525$342$172
34 years$1,637$1,115$741$483$309$152
35 years$1,572$1,058$693$444$280$134
36 years$1,512$1,004$648$409$254$118
37 years$1,455$954$607$377$230$104
38 years$1,401$906$568$348$209$92
39 years$1,350$862$532$320$189$81
40 years$1,302$820$499$296$172$72
41 years$1,256$781$468$273$156$64
42 years$1,212$743$439$252$141$56
43 years$1,171$708$412$232$128$50
44 years$1,131$675$387$214$116$44
45 years$1,094$644$363$198$106$39
46 years$1,058$614$341$183$96$34
47 years$1,023$586$320$169$87$30
48 years$991$559$301$156$79$27
49 years$959$534$283$144$72$24
50 years$929$510$266$133$65$21

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $952,000, adding $3,986 every year, while hoping to spend $57,507 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: 40/39/21 Blend
34$952,000$952,000$952,000$952,000
35$1,053,216$1,002,760$988,004$1,088,652
36$1,099,457$990,708$959,915$1,102,380
37$1,148,487$976,138$928,957$1,111,442
38$1,200,530$958,866$894,975$1,120,075
39$1,255,831$938,698$857,803$1,128,270
40$1,314,657$915,425$817,271$1,136,024
41$1,377,301$888,831$773,199$1,143,338
42$1,444,085$858,682$725,400$1,150,219
43$1,515,359$824,735$673,678$1,156,678
44$1,591,508$786,729$617,829$1,162,736
45$1,672,954$744,391$557,639$1,168,418
46$1,760,160$697,431$492,884$1,173,763
47$1,853,632$645,541$423,332$1,178,818
48$1,953,928$588,398$348,739$1,183,642
49$2,061,657$525,658$268,850$1,188,310
50$2,177,490$456,959$183,401$1,192,912
51$2,302,163$381,919$92,114$1,197,555
52$2,436,484$300,133$0$1,202,367
53$2,581,339$211,174$0$1,208,688
54$2,737,704$114,590$0$1,237,611
55$2,906,650$9,905$0$1,268,749
56$3,089,355$0$0$1,302,416
57$3,287,111$0$0$1,383,332
58$3,501,341$0$0$1,475,697
59$3,733,610$0$0$1,575,949
60$3,985,636$0$0$1,684,843
61$4,259,313$0$0$1,803,210
62$4,556,719$0$0$1,931,967
63$4,880,143$0$0$2,072,118
64$5,232,105$0$0$2,224,773
65$5,615,373$0$0$2,391,149
66$6,032,996$0$0$2,572,588
67$6,488,330$0$0$2,770,566
68$6,985,068$0$0$2,986,709
69$7,527,272$0$0$3,222,805
70$8,119,418$0$0$3,480,824
71$8,766,431$0$0$3,762,933
72$9,473,731$0$0$4,071,520
73$10,247,290$0$0$4,409,213
74$11,093,680$0$0$4,778,906
75$12,020,139$0$0$5,183,787
76$13,034,635$0$0$5,627,364
77$14,145,946$0$0$6,113,504
78$15,363,737$0$0$6,646,462
79$16,698,653$0$0$7,230,928
80$18,162,415$0$0$7,872,064
81$19,767,937$0$0$8,575,560
82$21,529,441$0$0$9,347,679
83$23,462,591$0$0$10,195,323
84$25,584,642$0$0$11,126,093
85$27,914,602$0$0$12,148,363
86$30,473,408$0$0$13,271,358
87$33,284,125$0$0$14,505,241
88$36,372,161$0$0$15,861,206
89$39,765,509$0$0$17,351,587
90$43,495,005$0$0$18,989,971
91$47,594,622$0$0$20,791,330
92$52,101,788$0$0$22,772,155
93$57,057,740$0$0$24,950,617
94$62,507,908$0$0$27,346,738
95$68,502,347$0$0$29,982,574
96$75,096,205$0$0$32,882,429
97$82,350,246$0$0$36,073,081
98$90,331,417$0$0$39,584,033
99$99,113,483$0$0$43,447,795
100$108,777,720$0$0$47,700,186