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%15.9%
1 years$78,863$78,161$77,475$76,806$76,153$74,312
2 years$39,041$38,314$37,609$36,926$36,263$34,420
3 years$25,769$25,039$24,336$23,659$23,007$21,218
4 years$19,134$18,406$17,710$17,045$16,409$14,689
5 years$15,154$14,431$13,744$13,092$12,474$10,827
6 years$12,502$11,784$11,107$10,470$9,870$8,299
7 years$10,608$9,896$9,230$8,608$8,027$6,531
8 years$9,188$8,483$7,828$7,221$6,659$5,238
9 years$8,085$7,386$6,742$6,151$5,608$4,260
10 years$7,202$6,510$5,878$5,302$4,778$3,502
11 years$6,481$5,796$5,175$4,614$4,109$2,904
12 years$5,880$5,202$4,592$4,047$3,561$2,424
13 years$5,372$4,701$4,103$3,573$3,105$2,034
14 years$4,937$4,273$3,687$3,172$2,722$1,714
15 years$4,560$3,903$3,329$2,829$2,397$1,450
16 years$4,231$3,581$3,018$2,533$2,118$1,231
17 years$3,941$3,298$2,746$2,276$1,878$1,047
18 years$3,683$3,048$2,507$2,051$1,670$892
19 years$3,453$2,825$2,295$1,853$1,489$762
20 years$3,246$2,625$2,106$1,678$1,330$652
21 years$3,059$2,445$1,937$1,523$1,190$558
22 years$2,889$2,282$1,785$1,385$1,067$478
23 years$2,734$2,134$1,649$1,261$957$411
24 years$2,592$2,000$1,525$1,150$861$353
25 years$2,462$1,877$1,412$1,051$774$303
26 years$2,342$1,764$1,310$961$697$260
27 years$2,231$1,660$1,216$879$629$224
28 years$2,128$1,564$1,131$806$567$193
29 years$2,033$1,476$1,052$739$512$166
30 years$1,944$1,394$980$678$463$143
31 years$1,861$1,317$914$623$419$123
32 years$1,783$1,247$852$572$379$106
33 years$1,710$1,181$796$526$343$91
34 years$1,642$1,119$744$484$310$79
35 years$1,577$1,061$695$446$281$68
36 years$1,517$1,007$650$411$255$59
37 years$1,460$957$609$378$231$50
38 years$1,405$909$570$349$209$44
39 years$1,354$865$534$321$190$38
40 years$1,306$823$501$296$172$32
41 years$1,260$783$469$274$156$28
42 years$1,216$746$440$252$142$24
43 years$1,174$710$413$233$129$21
44 years$1,135$677$388$215$117$18
45 years$1,097$646$364$199$106$15
46 years$1,061$616$342$184$96$13
47 years$1,027$588$321$170$87$12
48 years$994$561$302$157$79$10
49 years$962$536$284$145$72$9
50 years$932$512$267$134$65$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $955,000, adding $3,509 every year, while hoping to spend $54,631 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: 24/46/30 Blend
34$955,000$955,000$955,000$955,000
35$1,056,030$1,005,415$990,612$1,071,384
36$1,105,618$996,553$965,671$1,076,014
37$1,158,433$985,426$938,063$1,076,158
38$1,214,746$971,865$907,641$1,075,184
39$1,274,855$955,692$874,252$1,073,036
40$1,339,086$936,716$837,735$1,069,660
41$1,407,796$914,738$797,922$1,065,001
42$1,481,376$889,545$754,637$1,059,007
43$1,560,255$860,912$707,697$1,051,624
44$1,644,906$828,601$656,909$1,042,804
45$1,735,844$792,360$602,073$1,032,500
46$1,833,637$751,923$542,980$1,020,668
47$1,938,908$707,007$479,410$1,007,269
48$2,052,342$657,316$411,135$992,270
49$2,174,689$602,533$337,916$975,643
50$2,306,775$542,325$259,505$957,370
51$2,449,508$476,340$175,640$937,438
52$2,603,884$404,207$86,049$915,849
53$2,770,998$325,531$0$892,615
54$2,952,056$239,899$0$870,822
55$3,148,383$146,870$0$877,047
56$3,361,433$45,983$0$883,877
57$3,592,811$0$0$891,500
58$3,844,277$0$0$932,149
59$4,117,770$0$0$1,001,818
60$4,415,422$0$0$1,077,793
61$4,739,581$0$0$1,160,691
62$5,092,828$0$0$1,251,194
63$5,478,006$0$0$1,350,049
64$5,898,241$0$0$1,458,082
65$6,356,977$0$0$1,576,199
66$6,858,003$0$0$1,705,400
67$7,405,492$0$0$1,846,785
68$8,004,035$0$0$2,001,565
69$8,658,690$0$0$2,171,075
70$9,375,024$0$0$2,356,783
71$10,159,169$0$0$2,560,308
72$11,017,875$0$0$2,783,431
73$11,958,576$0$0$3,028,115
74$12,989,461$0$0$3,296,521
75$14,119,547$0$0$3,591,029
76$15,358,763$0$0$3,914,263
77$16,718,049$0$0$4,269,110
78$18,209,452$0$0$4,658,753
79$19,846,241$0$0$5,086,697
80$21,643,036$0$0$5,556,803
81$23,615,936$0$0$6,073,324
82$25,782,680$0$0$6,640,947
83$28,162,806$0$0$7,264,834
84$30,777,839$0$0$7,950,673
85$33,651,492$0$0$8,704,729
86$36,809,888$0$0$9,533,905
87$40,281,808$0$0$10,445,809
88$44,098,959$0$0$11,448,820
89$48,296,274$0$0$12,552,170
90$52,912,240$0$0$13,766,032
91$57,989,263$0$0$15,101,615
92$63,574,061$0$0$16,571,267
93$69,718,110$0$0$18,188,597
94$76,478,126$0$0$19,968,597
95$83,916,600$0$0$21,927,787
96$92,102,385$0$0$24,084,370
97$101,111,350$0$0$26,458,402
98$111,027,086$0$0$29,071,985
99$121,941,702$0$0$31,949,470
100$133,956,689$0$0$35,117,691