Can I retire at age 35 with 953,000?

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 $953,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.2%
1 years$78,698$77,997$77,313$76,645$75,994$75,294
2 years$38,959$38,234$37,531$36,849$36,187$35,483
3 years$25,715$24,986$24,285$23,609$22,959$22,270
4 years$19,094$18,367$17,673$17,009$16,374$15,708
5 years$15,122$14,400$13,715$13,065$12,448$11,805
6 years$12,476$11,759$11,084$10,448$9,849$9,231
7 years$10,586$9,875$9,211$8,590$8,010$7,417
8 years$9,169$8,465$7,811$7,206$6,645$6,077
9 years$8,068$7,370$6,728$6,138$5,596$5,053
10 years$7,187$6,496$5,866$5,291$4,768$4,249
11 years$6,467$5,783$5,164$4,605$4,101$3,606
12 years$5,868$5,191$4,583$4,039$3,554$3,082
13 years$5,361$4,691$4,095$3,566$3,099$2,650
14 years$4,927$4,264$3,679$3,165$2,716$2,290
15 years$4,551$3,895$3,322$2,823$2,392$1,987
16 years$4,222$3,574$3,012$2,528$2,114$1,731
17 years$3,933$3,291$2,740$2,271$1,874$1,511
18 years$3,675$3,041$2,502$2,047$1,667$1,323
19 years$3,446$2,819$2,290$1,849$1,485$1,161
20 years$3,239$2,619$2,102$1,675$1,327$1,021
21 years$3,052$2,440$1,933$1,520$1,187$899
22 years$2,883$2,277$1,782$1,382$1,064$793
23 years$2,728$2,130$1,645$1,259$955$700
24 years$2,587$1,996$1,521$1,148$859$619
25 years$2,457$1,873$1,409$1,048$773$548
26 years$2,337$1,760$1,307$959$696$485
27 years$2,227$1,657$1,214$877$628$430
28 years$2,124$1,561$1,128$804$566$381
29 years$2,029$1,473$1,050$737$511$338
30 years$1,940$1,391$978$677$462$300
31 years$1,857$1,315$912$621$418$267
32 years$1,779$1,244$851$571$378$237
33 years$1,707$1,178$794$525$342$210
34 years$1,638$1,117$742$483$310$187
35 years$1,574$1,059$694$445$280$166
36 years$1,514$1,005$649$410$254$148
37 years$1,456$955$607$377$230$132
38 years$1,402$907$569$348$209$117
39 years$1,351$863$533$321$189$104
40 years$1,303$821$500$296$172$93
41 years$1,257$781$468$273$156$83
42 years$1,213$744$439$252$141$74
43 years$1,172$709$412$233$128$66
44 years$1,132$676$387$215$116$58
45 years$1,095$644$363$198$106$52
46 years$1,059$615$341$183$96$46
47 years$1,024$587$321$169$87$41
48 years$992$560$301$156$79$37
49 years$960$535$283$145$72$33
50 years$930$511$266$134$65$29

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $953,000, adding $6,809 every year, while hoping to spend $29,318 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: 56/17/27 Blend
34$953,000$953,000$953,000$953,000
35$1,057,229$1,006,720$991,949$1,108,241
36$1,133,873$1,024,856$993,985$1,162,188
37$1,217,351$1,042,897$995,107$1,217,308
38$1,308,331$1,060,808$995,253$1,276,764
39$1,407,544$1,078,552$994,358$1,340,983
40$1,515,800$1,096,087$992,355$1,410,438
41$1,633,985$1,113,369$989,172$1,485,649
42$1,763,077$1,130,350$984,735$1,567,190
43$1,904,153$1,146,979$978,966$1,655,695
44$2,058,398$1,163,203$971,783$1,751,862
45$2,227,117$1,178,962$963,100$1,856,463
46$2,411,746$1,194,194$952,827$1,970,348
47$2,613,868$1,208,833$940,870$2,094,455
48$2,835,223$1,222,807$927,130$2,229,819
49$3,077,732$1,236,040$911,504$2,377,581
50$3,343,505$1,248,451$893,885$2,539,002
51$3,634,871$1,259,953$874,158$2,715,469
52$3,954,391$1,270,454$852,206$2,908,514
53$4,304,888$1,279,856$827,904$3,119,829
54$4,689,472$1,288,053$801,123$3,351,276
55$5,111,565$1,294,935$771,728$3,604,911
56$5,574,941$1,300,383$739,577$3,883,001
57$6,083,754$1,304,271$704,522$4,188,047
58$6,642,581$1,306,464$666,408$4,522,806
59$7,256,464$1,306,821$625,073$4,890,320
60$7,930,958$1,305,190$580,347$5,293,942
61$8,672,183$1,301,411$532,056$5,737,371
62$9,486,878$1,295,313$480,012$6,224,685
63$10,382,472$1,286,716$424,025$6,760,382
64$11,367,146$1,275,427$363,892$7,349,420
65$12,449,915$1,261,243$299,402$7,997,268
66$13,640,711$1,243,949$230,337$8,709,956
67$14,950,477$1,223,316$156,467$9,494,131
68$16,391,269$1,199,101$77,552$10,357,126
69$17,976,371$1,171,050$0$11,307,020
70$19,720,419$1,138,889$0$12,354,647
71$21,639,539$1,102,332$0$13,531,879
72$23,751,500$1,061,075$0$14,827,259
73$26,075,880$1,014,794$0$16,252,814
74$28,634,251$963,150$0$17,821,793
75$31,450,383$905,783$0$19,548,801
76$34,550,467$842,311$0$21,449,932
77$37,963,362$772,331$0$23,542,923
78$41,720,867$695,418$0$25,847,322
79$45,858,024$611,121$0$28,384,672
80$50,413,441$518,965$0$31,178,714
81$55,429,665$418,448$0$34,255,614
82$60,953,576$309,037$0$37,644,208
83$67,036,834$190,173$0$41,376,274
84$73,736,363$61,264$0$45,486,835
85$81,114,890$0$0$50,014,490
86$89,241,536$0$0$55,016,425
87$98,192,466$0$0$60,538,449
88$108,051,612$0$0$66,620,896
89$118,911,462$0$0$73,320,839
90$130,873,933$0$0$80,701,172
91$144,051,330$0$0$88,831,200
92$158,567,412$0$0$97,787,293
93$174,558,555$0$0$107,653,610
94$192,175,037$0$0$118,522,890
95$211,582,464$0$0$130,497,328
96$232,963,323$0$0$143,689,539
97$256,518,713$0$0$158,223,622
98$282,470,236$0$0$174,236,331
99$311,062,092$0$0$191,878,364
100$342,563,385$0$0$211,315,787