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%15.8%
1 years$78,780$78,079$77,394$76,726$76,073$74,264
2 years$39,000$38,274$37,570$36,887$36,225$34,414
3 years$25,742$25,012$24,310$23,634$22,983$21,225
4 years$19,114$18,387$17,692$17,027$16,392$14,701
5 years$15,138$14,415$13,729$13,078$12,461$10,842
6 years$12,489$11,771$11,095$10,459$9,860$8,314
7 years$10,597$9,886$9,220$8,599$8,019$6,547
8 years$9,179$8,474$7,820$7,213$6,652$5,254
9 years$8,076$7,378$6,735$6,144$5,602$4,276
10 years$7,195$6,503$5,872$5,296$4,773$3,517
11 years$6,474$5,789$5,169$4,609$4,105$2,918
12 years$5,874$5,196$4,588$4,043$3,557$2,437
13 years$5,366$4,696$4,099$3,569$3,102$2,047
14 years$4,932$4,268$3,683$3,169$2,719$1,726
15 years$4,556$3,899$3,325$2,826$2,394$1,461
16 years$4,227$3,578$3,015$2,530$2,116$1,241
17 years$3,937$3,295$2,743$2,273$1,876$1,056
18 years$3,679$3,045$2,504$2,049$1,668$901
19 years$3,449$2,822$2,292$1,851$1,487$770
20 years$3,242$2,622$2,104$1,677$1,328$659
21 years$3,055$2,442$1,935$1,522$1,189$565
22 years$2,886$2,280$1,784$1,384$1,065$485
23 years$2,731$2,132$1,647$1,260$956$416
24 years$2,590$1,998$1,523$1,149$860$358
25 years$2,460$1,875$1,411$1,050$774$308
26 years$2,340$1,762$1,308$960$697$265
27 years$2,229$1,658$1,215$878$628$228
28 years$2,126$1,563$1,129$805$567$196
29 years$2,031$1,474$1,051$738$512$169
30 years$1,942$1,392$979$677$462$146
31 years$1,859$1,316$913$622$418$126
32 years$1,781$1,245$852$572$378$108
33 years$1,708$1,179$795$526$342$93
34 years$1,640$1,118$743$484$310$81
35 years$1,576$1,060$695$445$281$70
36 years$1,515$1,006$650$410$254$60
37 years$1,458$956$608$378$230$52
38 years$1,404$908$569$348$209$45
39 years$1,353$864$534$321$189$39
40 years$1,304$822$500$296$172$33
41 years$1,258$782$469$273$156$29
42 years$1,215$745$440$252$141$25
43 years$1,173$710$413$233$128$21
44 years$1,133$677$387$215$117$18
45 years$1,096$645$364$199$106$16
46 years$1,060$615$342$183$96$14
47 years$1,026$587$321$169$87$12
48 years$993$561$302$157$79$10
49 years$961$535$284$145$72$9
50 years$931$511$267$134$65$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $954,000, adding $2,277 every year, while hoping to spend $28,503 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: 63/7/30 Blend
34$954,000$954,000$954,000$954,000
35$1,053,657$1,003,095$988,308$1,111,411
36$1,130,803$1,021,919$991,089$1,169,755
37$1,214,862$1,040,711$993,008$1,230,164
38$1,306,511$1,059,438$994,006$1,295,553
39$1,406,491$1,078,067$994,022$1,366,417
40$1,515,620$1,096,559$992,989$1,443,300
41$1,634,799$1,114,877$990,840$1,526,804
42$1,765,019$1,132,976$987,503$1,617,592
43$1,907,371$1,150,812$982,904$1,716,394
44$2,063,056$1,168,334$976,965$1,824,017
45$2,233,396$1,185,491$969,601$1,941,350
46$2,419,848$1,202,226$960,729$2,069,372
47$2,624,015$1,218,478$950,256$2,209,165
48$2,847,664$1,234,183$938,089$2,361,921
49$3,092,739$1,249,271$924,128$2,528,954
50$3,361,382$1,263,669$908,270$2,711,713
51$3,655,952$1,277,298$890,406$2,911,798
52$3,979,047$1,290,073$870,422$3,130,970
53$4,333,528$1,301,905$848,200$3,371,173
54$4,722,548$1,312,698$823,615$3,634,550
55$5,149,579$1,322,351$796,536$3,923,463
56$5,618,444$1,330,755$766,829$4,240,518
57$6,133,358$1,337,794$734,350$4,588,586
58$6,698,960$1,343,346$698,950$4,970,836
59$7,320,364$1,347,280$660,475$5,390,758
60$8,003,202$1,349,457$618,761$5,852,203
61$8,753,677$1,349,729$573,639$6,359,415
62$9,578,628$1,347,941$524,931$6,917,073
63$10,485,583$1,343,926$472,452$7,530,336
64$11,482,841$1,337,507$416,008$8,204,892
65$12,579,543$1,328,496$355,396$8,947,011
66$13,785,760$1,316,696$290,405$9,763,605
67$15,112,589$1,301,896$220,815$10,662,294
68$16,572,255$1,283,872$146,395$11,651,479
69$18,178,231$1,262,387$66,905$12,740,420
70$19,945,358$1,237,191$0$13,939,327
71$21,889,989$1,208,018$0$15,265,188
72$24,030,145$1,174,588$0$16,747,901
73$26,385,678$1,136,601$0$18,379,786
74$28,978,467$1,093,744$0$20,176,009
75$31,832,615$1,045,682$0$22,153,280
76$34,974,685$992,064$0$24,330,012
77$38,433,942$932,514$0$26,726,497
78$42,242,637$866,640$0$29,365,092
79$46,436,304$794,024$0$32,270,439
80$51,054,101$714,225$0$35,469,689
81$56,139,173$626,776$0$38,992,761
82$61,739,066$531,185$0$42,872,627
83$67,906,169$426,931$0$47,145,621
84$74,698,213$313,465$0$51,851,780
85$82,178,812$190,206$0$57,035,226
86$90,418,065$56,542$0$62,744,581
87$99,493,219$0$0$69,033,424
88$109,489,392$0$0$75,967,592
89$120,500,383$0$0$83,610,617
90$132,629,552$0$0$92,029,902
91$145,990,797$0$0$101,304,521
92$160,709,629$0$0$111,521,610
93$176,924,357$0$0$122,777,188
94$194,787,391$0$0$135,177,067
95$214,466,682$0$0$148,837,847
96$236,147,307$0$0$163,888,017
97$260,033,214$0$0$180,469,169
98$286,349,148$0$0$198,737,332
99$315,342,772$0$0$218,864,448
100$347,287,006$0$0$241,039,991