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%16.7%
1 years$78,863$78,161$77,475$76,806$76,153$74,072
2 years$39,041$38,314$37,609$36,926$36,263$34,182
3 years$25,769$25,039$24,336$23,659$23,007$20,990
4 years$19,134$18,406$17,710$17,045$16,409$14,472
5 years$15,154$14,431$13,744$13,092$12,474$10,623
6 years$12,502$11,784$11,107$10,470$9,870$8,106
7 years$10,608$9,896$9,230$8,608$8,027$6,351
8 years$9,188$8,483$7,828$7,221$6,659$5,070
9 years$8,085$7,386$6,742$6,151$5,608$4,103
10 years$7,202$6,510$5,878$5,302$4,778$3,357
11 years$6,481$5,796$5,175$4,614$4,109$2,769
12 years$5,880$5,202$4,592$4,047$3,561$2,299
13 years$5,372$4,701$4,103$3,573$3,105$1,919
14 years$4,937$4,273$3,687$3,172$2,722$1,609
15 years$4,560$3,903$3,329$2,829$2,397$1,353
16 years$4,231$3,581$3,018$2,533$2,118$1,142
17 years$3,941$3,298$2,746$2,276$1,878$966
18 years$3,683$3,048$2,507$2,051$1,670$818
19 years$3,453$2,825$2,295$1,853$1,489$695
20 years$3,246$2,625$2,106$1,678$1,330$590
21 years$3,059$2,445$1,937$1,523$1,190$503
22 years$2,889$2,282$1,785$1,385$1,067$428
23 years$2,734$2,134$1,649$1,261$957$365
24 years$2,592$2,000$1,525$1,150$861$312
25 years$2,462$1,877$1,412$1,051$774$266
26 years$2,342$1,764$1,310$961$697$227
27 years$2,231$1,660$1,216$879$629$194
28 years$2,128$1,564$1,131$806$567$166
29 years$2,033$1,476$1,052$739$512$142
30 years$1,944$1,394$980$678$463$121
31 years$1,861$1,317$914$623$419$104
32 years$1,783$1,247$852$572$379$89
33 years$1,710$1,181$796$526$343$76
34 years$1,642$1,119$744$484$310$65
35 years$1,577$1,061$695$446$281$56
36 years$1,517$1,007$650$411$255$48
37 years$1,460$957$609$378$231$41
38 years$1,405$909$570$349$209$35
39 years$1,354$865$534$321$190$30
40 years$1,306$823$501$296$172$26
41 years$1,260$783$469$274$156$22
42 years$1,216$746$440$252$142$19
43 years$1,174$710$413$233$129$16
44 years$1,135$677$388$215$117$14
45 years$1,097$646$364$199$106$12
46 years$1,061$616$342$184$96$10
47 years$1,027$588$321$170$87$9
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 $5,487 every year, while hoping to spend $33,940 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: 67/15/18 Blend
34$955,000$955,000$955,000$955,000
35$1,058,070$1,007,455$992,652$1,123,939
36$1,129,881$1,020,708$989,794$1,181,927
37$1,207,880$1,033,474$985,703$1,240,857
38$1,292,660$1,045,691$980,301$1,304,468
39$1,384,879$1,057,297$973,508$1,373,218
40$1,485,255$1,068,223$965,239$1,447,612
41$1,594,581$1,078,396$955,405$1,528,209
42$1,713,731$1,087,740$943,914$1,615,623
43$1,843,664$1,096,172$930,667$1,710,532
44$1,985,436$1,103,603$915,563$1,813,683
45$2,140,212$1,109,940$898,496$1,925,902
46$2,309,271$1,115,085$879,353$2,048,096
47$2,494,023$1,118,930$858,017$2,181,268
48$2,696,019$1,121,363$834,367$2,326,524
49$2,916,968$1,122,266$808,274$2,485,083
50$3,158,752$1,121,510$779,604$2,658,288
51$3,423,442$1,118,961$748,218$2,847,623
52$3,713,320$1,114,476$713,969$3,054,722
53$4,030,896$1,107,903$676,705$3,281,387
54$4,378,937$1,099,081$636,264$3,529,606
55$4,760,491$1,087,838$592,482$3,801,571
56$5,178,913$1,073,994$545,181$4,099,699
57$5,637,899$1,057,356$494,181$4,426,654
58$6,141,519$1,037,721$439,291$4,785,374
59$6,694,258$1,014,874$380,312$5,179,101
60$7,301,055$988,585$317,035$5,611,405
61$7,967,351$958,614$249,244$6,086,227
62$8,699,139$924,705$176,712$6,607,908
63$9,503,022$886,586$99,202$7,181,238
64$10,386,273$843,971$16,468$7,811,495
65$11,356,904$796,557$0$8,504,502
66$12,423,744$744,024$0$9,280,468
67$13,596,517$686,032$0$10,136,947
68$14,885,938$622,224$0$11,078,628
69$16,303,810$552,220$0$12,114,165
70$17,863,141$475,620$0$13,253,098
71$19,578,257$392,002$0$14,505,939
72$21,464,948$300,919$0$15,884,275
73$23,540,607$201,898$0$17,400,873
74$25,824,399$94,441$0$19,069,807
75$28,337,442$0$0$20,906,583
76$31,103,002$0$0$22,931,920
77$34,146,717$0$0$25,178,187
78$37,496,833$0$0$27,650,650
79$41,184,476$0$0$30,372,290
80$45,243,942$0$0$33,368,427
81$49,713,022$0$0$36,666,962
82$54,633,354$0$0$40,298,638
83$60,050,823$0$0$44,297,333
84$66,015,988$0$0$48,700,374
85$72,584,558$0$0$53,548,893
86$79,817,923$0$0$58,888,215
87$87,783,729$0$0$64,768,285
88$96,556,514$0$0$71,244,135
89$106,218,417$0$0$78,376,412
90$116,859,948$0$0$86,231,940
91$128,580,843$0$0$94,884,357
92$141,491,008$0$0$104,414,809
93$155,711,548$0$0$114,912,713
94$171,375,921$0$0$126,476,602
95$188,631,186$0$0$139,215,055
96$207,639,398$0$0$153,247,723
97$228,579,134$0$0$168,706,455
98$251,647,179$0$0$185,736,542
99$277,060,384$0$0$204,498,091
100$305,057,710$0$0$225,167,536