Can I retire at age 35 with 956,000?

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 $956,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.2%
1 years$78,946$78,242$77,556$76,887$76,233$74,908
2 years$39,082$38,354$37,649$36,965$36,301$34,971
3 years$25,796$25,065$24,361$23,684$23,031$21,737
4 years$19,154$18,425$17,729$17,063$16,426$15,177
5 years$15,170$14,446$13,758$13,106$12,487$11,288
6 years$12,515$11,796$11,119$10,481$9,880$8,732
7 years$10,619$9,906$9,240$8,617$8,035$6,938
8 years$9,198$8,491$7,836$7,228$6,666$5,619
9 years$8,093$7,393$6,749$6,157$5,614$4,617
10 years$7,210$6,517$5,884$5,307$4,783$3,836
11 years$6,488$5,802$5,180$4,619$4,114$3,215
12 years$5,886$5,207$4,597$4,052$3,565$2,713
13 years$5,378$4,706$4,107$3,577$3,109$2,303
14 years$4,942$4,277$3,691$3,175$2,725$1,964
15 years$4,565$3,908$3,332$2,832$2,399$1,681
16 years$4,235$3,585$3,021$2,535$2,121$1,444
17 years$3,945$3,302$2,749$2,278$1,880$1,243
18 years$3,687$3,051$2,509$2,053$1,672$1,073
19 years$3,456$2,828$2,297$1,855$1,490$928
20 years$3,249$2,628$2,108$1,680$1,331$804
21 years$3,062$2,447$1,939$1,525$1,191$697
22 years$2,892$2,285$1,787$1,386$1,068$606
23 years$2,737$2,137$1,650$1,263$958$527
24 years$2,595$2,002$1,526$1,152$861$458
25 years$2,465$1,879$1,414$1,052$775$399
26 years$2,345$1,766$1,311$962$698$348
27 years$2,234$1,662$1,217$880$630$303
28 years$2,131$1,566$1,132$806$568$265
29 years$2,035$1,477$1,053$740$513$231
30 years$1,946$1,395$981$679$463$202
31 years$1,863$1,319$915$623$419$176
32 years$1,785$1,248$853$573$379$154
33 years$1,712$1,182$797$527$343$135
34 years$1,644$1,120$744$485$311$118
35 years$1,579$1,062$696$446$281$103
36 years$1,518$1,008$651$411$255$90
37 years$1,461$958$609$379$231$79
38 years$1,407$910$571$349$209$69
39 years$1,356$865$535$322$190$60
40 years$1,307$823$501$297$172$53
41 years$1,261$784$470$274$156$46
42 years$1,217$746$441$253$142$40
43 years$1,175$711$414$233$129$35
44 years$1,136$678$388$215$117$31
45 years$1,098$646$365$199$106$27
46 years$1,062$617$342$184$96$24
47 years$1,028$589$322$170$87$21
48 years$995$562$302$157$79$18
49 years$963$537$284$145$72$16
50 years$933$513$267$134$65$14

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $956,000, adding $3,588 every year, while hoping to spend $25,387 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: 51/33/16 Blend
34$956,000$956,000$956,000$956,000
35$1,057,213$1,006,545$991,727$1,106,330
36$1,138,037$1,028,854$997,938$1,162,764
37$1,226,255$1,051,406$1,003,507$1,221,134
38$1,322,592$1,074,184$1,008,384$1,284,034
39$1,427,851$1,097,174$1,012,520$1,351,900
40$1,542,913$1,120,356$1,015,860$1,425,213
41$1,668,748$1,143,711$1,018,349$1,504,502
42$1,806,424$1,167,217$1,019,927$1,590,350
43$1,957,118$1,190,850$1,020,534$1,683,400
44$2,122,126$1,214,583$1,020,104$1,784,360
45$2,302,874$1,238,389$1,018,568$1,894,011
46$2,500,934$1,262,237$1,015,857$2,013,215
47$2,718,036$1,286,093$1,011,895$2,142,918
48$2,956,085$1,309,921$1,006,603$2,284,168
49$3,217,180$1,333,682$999,899$2,438,117
50$3,503,634$1,357,334$991,697$2,606,035
51$3,817,993$1,380,831$981,907$2,789,323
52$4,163,062$1,404,125$970,434$2,989,524
53$4,541,930$1,427,163$957,179$3,208,342
54$4,958,001$1,449,888$942,039$3,447,651
55$5,415,024$1,472,240$924,904$3,709,521
56$5,917,130$1,494,153$905,662$3,996,231
57$6,468,868$1,515,558$884,193$4,310,295
58$7,075,252$1,536,379$860,373$4,654,483
59$7,741,803$1,556,538$834,071$5,031,851
60$8,474,607$1,575,947$805,152$5,445,766
61$9,280,365$1,594,517$773,472$5,899,940
62$10,166,463$1,612,149$738,885$6,398,465
63$11,141,037$1,628,740$701,232$6,945,852
64$12,213,052$1,644,177$660,353$7,547,075
65$13,392,385$1,658,343$616,076$8,207,615
66$14,689,918$1,671,112$568,225$8,933,516
67$16,117,643$1,682,349$516,613$9,731,440
68$17,688,769$1,691,912$461,047$10,608,730
69$19,417,856$1,699,647$401,324$11,573,482
70$21,320,941$1,705,394$337,232$12,634,619
71$23,415,698$1,708,980$268,551$13,801,978
72$25,721,602$1,710,222$195,049$15,086,403
73$28,260,109$1,708,926$116,487$16,499,847
74$31,054,863$1,704,887$32,612$18,055,483
75$34,131,917$1,697,884$0$19,767,837
76$37,519,979$1,687,686$0$21,662,630
77$41,250,680$1,674,047$0$23,754,368
78$45,358,879$1,656,705$0$26,056,976
79$49,882,984$1,635,383$0$28,591,945
80$54,865,319$1,609,787$0$31,382,960
81$60,352,522$1,579,607$0$34,456,124
82$66,395,984$1,544,512$0$37,840,206
83$73,052,335$1,504,154$0$41,566,913
84$80,383,979$1,458,164$0$45,671,187
85$88,459,680$1,406,149$0$50,191,541
86$97,355,214$1,347,697$0$55,170,417
87$107,154,081$1,282,369$0$60,654,593
88$117,948,294$1,209,701$0$66,695,622
89$129,839,248$1,129,205$0$73,350,319
90$142,938,677$1,040,362$0$80,681,300
91$157,369,706$942,623$0$88,757,576
92$173,268,015$835,411$0$97,655,200
93$190,783,120$718,114$0$107,457,991
94$210,079,781$590,084$0$118,258,323
95$231,339,561$450,640$0$130,158,001
96$254,762,534$299,060$0$143,269,221
97$280,569,181$134,582$0$157,715,633
98$309,002,463$0$0$173,633,508
99$340,330,119$0$0$191,188,857
100$374,847,192$0$0$210,585,513