Can I retire at age 35 with 954,000?

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 $954,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.5%
1 years$78,780$78,079$77,394$76,726$76,073$74,660
2 years$39,000$38,274$37,570$36,887$36,225$34,806
3 years$25,742$25,012$24,310$23,634$22,983$21,603
4 years$19,114$18,387$17,692$17,027$16,392$15,061
5 years$15,138$14,415$13,729$13,078$12,461$11,183
6 years$12,489$11,771$11,095$10,459$9,860$8,637
7 years$10,597$9,886$9,220$8,599$8,019$6,851
8 years$9,179$8,474$7,820$7,213$6,652$5,540
9 years$8,076$7,378$6,735$6,144$5,602$4,544
10 years$7,195$6,503$5,872$5,296$4,773$3,768
11 years$6,474$5,789$5,169$4,609$4,105$3,152
12 years$5,874$5,196$4,588$4,043$3,557$2,655
13 years$5,366$4,696$4,099$3,569$3,102$2,249
14 years$4,932$4,268$3,683$3,169$2,719$1,914
15 years$4,556$3,899$3,325$2,826$2,394$1,635
16 years$4,227$3,578$3,015$2,530$2,116$1,401
17 years$3,937$3,295$2,743$2,273$1,876$1,204
18 years$3,679$3,045$2,504$2,049$1,668$1,037
19 years$3,449$2,822$2,292$1,851$1,487$895
20 years$3,242$2,622$2,104$1,677$1,328$773
21 years$3,055$2,442$1,935$1,522$1,189$669
22 years$2,886$2,280$1,784$1,384$1,065$580
23 years$2,731$2,132$1,647$1,260$956$503
24 years$2,590$1,998$1,523$1,149$860$437
25 years$2,460$1,875$1,411$1,050$774$380
26 years$2,340$1,762$1,308$960$697$330
27 years$2,229$1,658$1,215$878$628$287
28 years$2,126$1,563$1,129$805$567$250
29 years$2,031$1,474$1,051$738$512$218
30 years$1,942$1,392$979$677$462$190
31 years$1,859$1,316$913$622$418$165
32 years$1,781$1,245$852$572$378$144
33 years$1,708$1,179$795$526$342$126
34 years$1,640$1,118$743$484$310$110
35 years$1,576$1,060$695$445$281$96
36 years$1,515$1,006$650$410$254$83
37 years$1,458$956$608$378$230$73
38 years$1,404$908$569$348$209$63
39 years$1,353$864$534$321$189$55
40 years$1,304$822$500$296$172$48
41 years$1,258$782$469$273$156$42
42 years$1,215$745$440$252$141$37
43 years$1,173$710$413$233$128$32
44 years$1,133$677$387$215$117$28
45 years$1,096$645$364$199$106$25
46 years$1,060$615$342$183$96$21
47 years$1,026$587$321$169$87$19
48 years$993$561$302$157$79$16
49 years$961$535$284$145$72$14
50 years$931$511$267$134$65$12

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $954,000, adding $4,268 every year, while hoping to spend $47,902 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: 58/28/14 Blend
34$954,000$954,000$954,000$954,000
35$1,055,710$1,005,148$990,361$1,112,954
36$1,112,426$1,003,433$972,571$1,150,421
37$1,173,320$1,000,029$952,580$1,185,575
38$1,238,770$994,801$930,262$1,222,771
39$1,309,187$987,609$905,489$1,262,215
40$1,385,025$978,303$878,124$1,304,131
41$1,466,781$966,723$848,024$1,348,771
42$1,555,002$952,702$815,041$1,396,413
43$1,650,287$936,059$779,020$1,447,365
44$1,753,296$916,606$739,797$1,501,970
45$1,864,754$894,142$697,203$1,560,609
46$1,985,459$868,455$651,059$1,623,702
47$2,116,287$839,320$601,181$1,691,717
48$2,258,201$806,499$547,373$1,765,172
49$2,412,261$769,741$489,433$1,844,642
50$2,579,632$728,779$427,150$1,930,762
51$2,761,597$683,331$360,301$2,024,237
52$2,959,565$633,100$288,657$2,125,849
53$3,175,089$577,770$211,976$2,236,462
54$3,409,877$517,010$130,005$2,357,033
55$3,665,807$450,466$42,483$2,488,622
56$3,944,948$377,768$0$2,632,403
57$4,249,577$298,522$0$2,797,280
58$4,582,198$212,313$0$2,984,350
59$4,945,569$118,704$0$3,188,895
60$5,342,729$17,232$0$3,412,719
61$5,777,019$0$0$3,657,815
62$6,252,121$0$0$3,954,914
63$6,772,087$0$0$4,285,958
64$7,341,381$0$0$4,648,489
65$7,964,916$0$0$5,045,648
66$8,648,106$0$0$5,480,891
67$9,396,910$0$0$5,958,028
68$10,217,893$0$0$6,481,253
69$11,118,286$0$0$7,055,185
70$12,106,050$0$0$7,684,912
71$13,189,958$0$0$8,376,040
72$14,379,671$0$0$9,134,742
73$15,685,832$0$0$9,967,818
74$17,120,163$0$0$10,882,760
75$18,695,578$0$0$11,887,820
76$20,426,305$0$0$12,992,089
77$22,328,015$0$0$14,205,583
78$24,417,973$0$0$15,539,334
79$26,715,200$0$0$17,005,499
80$29,240,653$0$0$18,617,469
81$32,017,417$0$0$20,389,998
82$35,070,930$0$0$22,339,342
83$38,429,214$0$0$24,483,410
84$42,123,146$0$0$26,841,935
85$46,186,745$0$0$29,436,658
86$50,657,493$0$0$32,291,534
87$55,576,688$0$0$35,432,955
88$60,989,833$0$0$38,890,003
89$66,947,065$0$0$42,694,721
90$73,503,627$0$0$46,882,416
91$80,720,389$0$0$51,491,989
92$88,664,422$0$0$56,566,308
93$97,409,628$0$0$62,152,604
94$107,037,441$0$0$68,302,923
95$117,637,589$0$0$75,074,613
96$129,308,946$0$0$82,530,867
97$142,160,460$0$0$90,741,316
98$156,312,181$0$0$99,782,688
99$171,896,395$0$0$109,739,532
100$189,058,871$0$0$120,705,012