Can I retire at age 35 with 954,000?

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 $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%11.9%
1 years$78,780$78,079$77,394$76,726$76,073$75,467
2 years$39,000$38,274$37,570$36,887$36,225$35,615
3 years$25,742$25,012$24,310$23,634$22,983$22,386
4 years$19,114$18,387$17,692$17,027$16,392$15,814
5 years$15,138$14,415$13,729$13,078$12,461$11,903
6 years$12,489$11,771$11,095$10,459$9,860$9,323
7 years$10,597$9,886$9,220$8,599$8,019$7,503
8 years$9,179$8,474$7,820$7,213$6,652$6,158
9 years$8,076$7,378$6,735$6,144$5,602$5,129
10 years$7,195$6,503$5,872$5,296$4,773$4,321
11 years$6,474$5,789$5,169$4,609$4,105$3,674
12 years$5,874$5,196$4,588$4,043$3,557$3,146
13 years$5,366$4,696$4,099$3,569$3,102$2,711
14 years$4,932$4,268$3,683$3,169$2,719$2,347
15 years$4,556$3,899$3,325$2,826$2,394$2,041
16 years$4,227$3,578$3,015$2,530$2,116$1,781
17 years$3,937$3,295$2,743$2,273$1,876$1,558
18 years$3,679$3,045$2,504$2,049$1,668$1,367
19 years$3,449$2,822$2,292$1,851$1,487$1,203
20 years$3,242$2,622$2,104$1,677$1,328$1,060
21 years$3,055$2,442$1,935$1,522$1,189$935
22 years$2,886$2,280$1,784$1,384$1,065$827
23 years$2,731$2,132$1,647$1,260$956$732
24 years$2,590$1,998$1,523$1,149$860$648
25 years$2,460$1,875$1,411$1,050$774$575
26 years$2,340$1,762$1,308$960$697$510
27 years$2,229$1,658$1,215$878$628$453
28 years$2,126$1,563$1,129$805$567$403
29 years$2,031$1,474$1,051$738$512$358
30 years$1,942$1,392$979$677$462$319
31 years$1,859$1,316$913$622$418$284
32 years$1,781$1,245$852$572$378$253
33 years$1,708$1,179$795$526$342$225
34 years$1,640$1,118$743$484$310$201
35 years$1,576$1,060$695$445$281$179
36 years$1,515$1,006$650$410$254$160
37 years$1,458$956$608$378$230$142
38 years$1,404$908$569$348$209$127
39 years$1,353$864$534$321$189$113
40 years$1,304$822$500$296$172$101
41 years$1,258$782$469$273$156$90
42 years$1,215$745$440$252$141$81
43 years$1,173$710$413$233$128$72
44 years$1,133$677$387$215$117$64
45 years$1,096$645$364$199$106$57
46 years$1,060$615$342$183$96$51
47 years$1,026$587$321$169$87$46
48 years$993$561$302$157$79$41
49 years$961$535$284$145$72$37
50 years$931$511$267$134$65$33

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $954,000, adding $5,613 every year, while hoping to spend $32,902 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: 85/5/10 Blend
34$954,000$954,000$954,000$954,000
35$1,057,098$1,006,536$991,749$1,144,938
36$1,129,914$1,020,849$989,965$1,217,485
37$1,209,055$1,034,760$987,019$1,292,144
38$1,295,131$1,048,216$982,836$1,373,150
39$1,388,814$1,061,157$977,340$1,461,122
40$1,490,842$1,073,523$970,450$1,556,739
41$1,602,028$1,085,246$962,080$1,660,753
42$1,723,267$1,096,255$952,142$1,773,987
43$1,855,545$1,106,476$940,544$1,897,352
44$1,999,945$1,115,828$927,186$2,031,848
45$2,157,660$1,124,224$911,968$2,178,578
46$2,330,005$1,131,575$894,782$2,338,758
47$2,518,425$1,137,781$875,517$2,513,724
48$2,724,512$1,142,741$854,055$2,704,952
49$2,950,021$1,146,344$830,274$2,914,066
50$3,196,881$1,148,473$804,047$3,142,853
51$3,467,219$1,149,004$775,238$3,393,287
52$3,763,376$1,147,805$743,708$3,667,537
53$4,087,928$1,144,736$709,311$3,967,998
54$4,443,718$1,139,648$671,894$4,297,304
55$4,833,870$1,132,384$631,295$4,658,361
56$5,261,830$1,122,777$587,349$5,054,370
57$5,731,392$1,110,647$539,880$5,488,855
58$6,246,733$1,095,809$488,706$5,965,704
59$6,812,458$1,078,062$433,636$6,489,198
60$7,433,636$1,057,194$374,470$7,064,055
61$8,115,854$1,032,983$311,001$7,695,473
62$8,865,263$1,005,191$243,012$8,389,182
63$9,688,642$973,568$170,275$9,151,493
64$10,593,457$937,847$92,553$9,989,364
65$11,587,937$897,748$9,600$10,910,459
66$12,681,142$852,973$0$11,923,227
67$13,883,058$803,209$0$13,045,396
68$15,204,686$748,122$0$14,280,443
69$16,658,144$687,360$0$15,638,679
70$18,256,787$620,553$0$17,132,590
71$20,015,326$547,306$0$18,775,937
72$21,949,970$467,206$0$20,583,882
73$24,078,581$379,813$0$22,573,131
74$26,420,836$284,663$0$24,762,093
75$28,998,417$181,267$0$27,171,051
76$31,835,215$69,109$0$29,822,357
77$34,957,554$0$0$32,740,640
78$38,394,438$0$0$35,955,918
79$42,177,828$0$0$39,499,563
80$46,342,940$0$0$43,400,758
81$50,928,576$0$0$47,695,850
82$55,977,495$0$0$52,424,890
83$61,536,811$0$0$57,632,011
84$67,658,440$0$0$63,365,841
85$74,399,588$0$0$69,679,966
86$81,823,294$0$0$76,633,431
87$89,999,018$0$0$84,291,303
88$99,003,303$0$0$92,725,277
89$108,920,493$0$0$102,014,360
90$119,843,531$0$0$112,245,608
91$131,874,833$0$0$123,514,955
92$145,127,256$0$0$135,928,116
93$159,725,164$0$0$149,601,580
94$175,805,598$0$0$164,663,714
95$193,519,574$0$0$181,255,973
96$213,033,502$0$0$199,534,234
97$234,530,761$0$0$219,670,268
98$258,213,427$0$0$241,853,359
99$284,304,182$0$0$266,292,092
100$313,048,414$0$0$293,216,321