Can I retire at age 35 with 955,000?

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 $955,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17%
1 years$78,863$78,161$77,475$76,806$76,153$73,982
2 years$39,041$38,314$37,609$36,926$36,263$34,093
3 years$25,769$25,039$24,336$23,659$23,007$20,905
4 years$19,134$18,406$17,710$17,045$16,409$14,392
5 years$15,154$14,431$13,744$13,092$12,474$10,547
6 years$12,502$11,784$11,107$10,470$9,870$8,036
7 years$10,608$9,896$9,230$8,608$8,027$6,285
8 years$9,188$8,483$7,828$7,221$6,659$5,008
9 years$8,085$7,386$6,742$6,151$5,608$4,046
10 years$7,202$6,510$5,878$5,302$4,778$3,304
11 years$6,481$5,796$5,175$4,614$4,109$2,720
12 years$5,880$5,202$4,592$4,047$3,561$2,254
13 years$5,372$4,701$4,103$3,573$3,105$1,878
14 years$4,937$4,273$3,687$3,172$2,722$1,571
15 years$4,560$3,903$3,329$2,829$2,397$1,319
16 years$4,231$3,581$3,018$2,533$2,118$1,110
17 years$3,941$3,298$2,746$2,276$1,878$937
18 years$3,683$3,048$2,507$2,051$1,670$792
19 years$3,453$2,825$2,295$1,853$1,489$671
20 years$3,246$2,625$2,106$1,678$1,330$569
21 years$3,059$2,445$1,937$1,523$1,190$483
22 years$2,889$2,282$1,785$1,385$1,067$411
23 years$2,734$2,134$1,649$1,261$957$349
24 years$2,592$2,000$1,525$1,150$861$297
25 years$2,462$1,877$1,412$1,051$774$253
26 years$2,342$1,764$1,310$961$697$216
27 years$2,231$1,660$1,216$879$629$184
28 years$2,128$1,564$1,131$806$567$157
29 years$2,033$1,476$1,052$739$512$134
30 years$1,944$1,394$980$678$463$114
31 years$1,861$1,317$914$623$419$98
32 years$1,783$1,247$852$572$379$83
33 years$1,710$1,181$796$526$343$71
34 years$1,642$1,119$744$484$310$61
35 years$1,577$1,061$695$446$281$52
36 years$1,517$1,007$650$411$255$44
37 years$1,460$957$609$378$231$38
38 years$1,405$909$570$349$209$32
39 years$1,354$865$534$321$190$28
40 years$1,306$823$501$296$172$24
41 years$1,260$783$469$274$156$20
42 years$1,216$746$440$252$142$17
43 years$1,174$710$413$233$129$15
44 years$1,135$677$388$215$117$13
45 years$1,097$646$364$199$106$11
46 years$1,061$616$342$184$96$9
47 years$1,027$588$321$170$87$8
48 years$994$561$302$157$79$7
49 years$962$536$284$145$72$6
50 years$932$512$267$134$65$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $955,000, adding $5,372 every year, while hoping to spend $58,333 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: 57/28/15 Blend
34$955,000$955,000$955,000$955,000
35$1,057,951$1,007,336$992,534$1,113,858
36$1,103,796$994,630$963,718$1,139,654
37$1,152,363$979,346$931,981$1,160,901
38$1,203,866$961,296$897,165$1,182,709
39$1,258,543$940,282$859,102$1,205,140
40$1,316,651$916,092$817,619$1,228,269
41$1,378,472$888,504$772,532$1,252,179
42$1,444,316$857,281$723,652$1,276,966
43$1,514,522$822,173$670,780$1,302,737
44$1,589,459$782,915$613,707$1,329,617
45$1,669,535$739,229$552,217$1,357,744
46$1,755,193$690,817$486,082$1,387,276
47$1,846,923$637,367$415,066$1,418,391
48$1,945,259$578,548$338,921$1,451,291
49$2,050,789$514,010$257,388$1,486,201
50$2,164,157$443,384$170,198$1,523,376
51$2,286,070$366,280$77,069$1,563,102
52$2,417,306$282,284$0$1,605,701
53$2,558,716$190,960$0$1,655,104
54$2,711,238$91,850$0$1,721,539
55$2,875,900$0$0$1,793,163
56$3,053,833$0$0$1,875,319
57$3,246,281$0$0$1,994,851
58$3,454,608$0$0$2,124,315
59$3,680,316$0$0$2,264,653
60$3,925,057$0$0$2,416,901
61$4,190,645$0$0$2,582,198
62$4,479,079$0$0$2,761,796
63$4,792,554$0$0$2,957,074
64$5,133,487$0$0$3,169,547
65$5,504,535$0$0$3,400,885
66$5,908,625$0$0$3,652,923
67$6,348,975$0$0$3,927,681
68$6,829,127$0$0$4,227,382
69$7,352,980$0$0$4,554,474
70$7,924,825$0$0$4,911,650
71$8,549,387$0$0$5,301,875
72$9,231,865$0$0$5,728,414
73$9,977,985$0$0$6,194,861
74$10,794,050$0$0$6,705,174
75$11,687,000$0$0$7,263,709
76$12,664,477$0$0$7,875,265
77$13,734,898$0$0$8,545,126
78$14,907,529$0$0$9,279,109
79$16,192,576$0$0$10,083,624
80$17,601,279$0$0$10,965,728
81$19,146,017$0$0$11,933,194
82$20,840,424$0$0$12,994,583
83$22,699,519$0$0$14,159,327
84$24,739,842$0$0$15,437,813
85$26,979,615$0$0$16,841,482
86$29,438,909$0$0$18,382,940
87$32,139,833$0$0$20,076,071
88$35,106,743$0$0$21,936,170
89$38,366,471$0$0$23,980,088
90$41,948,574$0$0$26,226,388
91$45,885,616$0$0$28,695,522
92$50,213,472$0$0$31,410,019
93$54,971,667$0$0$34,394,703
94$60,203,746$0$0$37,676,921
95$65,957,682$0$0$41,286,806
96$72,286,335$0$0$45,257,555
97$79,247,940$0$0$49,625,743
98$86,906,664$0$0$54,431,673
99$95,333,204$0$0$59,719,747
100$104,605,456$0$0$65,538,889