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%13.1%
1 years$78,863$78,161$77,475$76,806$76,153$75,170
2 years$39,041$38,314$37,609$36,926$36,263$35,275
3 years$25,769$25,039$24,336$23,659$23,007$22,043
4 years$19,134$18,406$17,710$17,045$16,409$15,477
5 years$15,154$14,431$13,744$13,092$12,474$11,577
6 years$12,502$11,784$11,107$10,470$9,870$9,009
7 years$10,608$9,896$9,230$8,608$8,027$7,202
8 years$9,188$8,483$7,828$7,221$6,659$5,871
9 years$8,085$7,386$6,742$6,151$5,608$4,856
10 years$7,202$6,510$5,878$5,302$4,778$4,061
11 years$6,481$5,796$5,175$4,614$4,109$3,427
12 years$5,880$5,202$4,592$4,047$3,561$2,913
13 years$5,372$4,701$4,103$3,573$3,105$2,490
14 years$4,937$4,273$3,687$3,172$2,722$2,139
15 years$4,560$3,903$3,329$2,829$2,397$1,845
16 years$4,231$3,581$3,018$2,533$2,118$1,596
17 years$3,941$3,298$2,746$2,276$1,878$1,386
18 years$3,683$3,048$2,507$2,051$1,670$1,205
19 years$3,453$2,825$2,295$1,853$1,489$1,051
20 years$3,246$2,625$2,106$1,678$1,330$918
21 years$3,059$2,445$1,937$1,523$1,190$803
22 years$2,889$2,282$1,785$1,385$1,067$703
23 years$2,734$2,134$1,649$1,261$957$617
24 years$2,592$2,000$1,525$1,150$861$541
25 years$2,462$1,877$1,412$1,051$774$476
26 years$2,342$1,764$1,310$961$697$418
27 years$2,231$1,660$1,216$879$629$368
28 years$2,128$1,564$1,131$806$567$324
29 years$2,033$1,476$1,052$739$512$285
30 years$1,944$1,394$980$678$463$251
31 years$1,861$1,317$914$623$419$222
32 years$1,783$1,247$852$572$379$195
33 years$1,710$1,181$796$526$343$172
34 years$1,642$1,119$744$484$310$152
35 years$1,577$1,061$695$446$281$134
36 years$1,517$1,007$650$411$255$119
37 years$1,460$957$609$378$231$105
38 years$1,405$909$570$349$209$92
39 years$1,354$865$534$321$190$82
40 years$1,306$823$501$296$172$72
41 years$1,260$783$469$274$156$64
42 years$1,216$746$440$252$142$56
43 years$1,174$710$413$233$129$50
44 years$1,135$677$388$215$117$44
45 years$1,097$646$364$199$106$39
46 years$1,061$616$342$184$96$34
47 years$1,027$588$321$170$87$30
48 years$994$561$302$157$79$27
49 years$962$536$284$145$72$24
50 years$932$512$267$134$65$21

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $955,000, adding $5,621 every year, while hoping to spend $56,500 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: 38/50/12 Blend
34$955,000$955,000$955,000$955,000
35$1,058,208$1,007,593$992,791$1,094,354
36$1,106,030$996,850$965,933$1,109,848
37$1,156,836$983,686$936,283$1,120,670
38$1,210,870$967,924$903,686$1,131,119
39$1,268,402$949,375$867,982$1,141,189
40$1,329,723$927,839$829,004$1,150,878
41$1,395,156$903,104$786,576$1,160,187
42$1,465,051$874,945$740,516$1,169,124
43$1,539,794$843,126$690,632$1,177,701
44$1,619,809$807,395$636,724$1,185,940
45$1,705,558$767,486$578,583$1,193,869
46$1,797,551$723,118$515,990$1,201,526
47$1,896,344$673,994$448,719$1,208,962
48$2,002,551$619,799$376,531$1,216,239
49$2,116,843$560,202$299,177$1,223,432
50$2,239,960$494,850$216,398$1,230,636
51$2,372,710$423,372$127,922$1,237,960
52$2,515,987$345,377$33,467$1,245,539
53$2,670,767$260,450$0$1,253,527
54$2,838,126$168,153$0$1,270,729
55$3,019,246$68,025$0$1,293,870
56$3,215,427$0$0$1,318,947
57$3,428,098$0$0$1,368,532
58$3,658,829$0$0$1,463,041
59$3,909,348$0$0$1,565,771
60$4,181,555$0$0$1,677,515
61$4,477,542$0$0$1,799,145
62$4,799,607$0$0$1,931,623
63$5,150,282$0$0$2,076,006
64$5,532,350$0$0$2,233,459
65$5,948,877$0$0$2,405,260
66$6,403,235$0$0$2,592,822
67$6,899,136$0$0$2,797,694
68$7,440,666$0$0$3,021,587
69$8,032,323$0$0$3,266,380
70$8,679,060$0$0$3,534,144
71$9,386,328$0$0$3,827,160
72$10,160,131$0$0$4,147,939
73$11,007,078$0$0$4,499,245
74$11,934,448$0$0$4,884,123
75$12,950,256$0$0$5,305,926
76$14,063,329$0$0$5,768,347
77$15,283,388$0$0$6,275,454
78$16,621,140$0$0$6,831,725
79$18,088,376$0$0$7,442,096
80$19,698,084$0$0$8,112,000
81$21,464,571$0$0$8,847,426
82$23,403,593$0$0$9,654,967
83$25,532,509$0$0$10,541,888
84$27,870,440$0$0$11,516,192
85$30,438,448$0$0$12,586,694
86$33,259,738$0$0$13,763,106
87$36,359,872$0$0$15,056,129
88$39,767,009$0$0$16,477,549
89$43,512,176$0$0$18,040,353
90$47,629,550$0$0$19,758,850
91$52,156,790$0$0$21,648,802
92$57,135,382$0$0$23,727,577
93$62,611,037$0$0$26,014,311
94$68,634,115$0$0$28,530,088
95$75,260,105$0$0$31,298,137
96$82,550,144$0$0$34,344,053
97$90,571,592$0$0$37,696,039
98$99,398,669$0$0$41,385,166
99$109,113,155$0$0$45,445,675
100$119,805,157$0$0$49,915,292