Can I retire at age 35 with 956,000?

Use the below retirement simulation to view the chances of a successful retirement.
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%19.1%
1 years$78,946$78,242$77,556$76,887$76,233$73,440
2 years$39,082$38,354$37,649$36,965$36,301$33,519
3 years$25,796$25,065$24,361$23,684$23,031$20,347
4 years$19,154$18,425$17,729$17,063$16,426$13,860
5 years$15,170$14,446$13,758$13,106$12,487$10,045
6 years$12,515$11,796$11,119$10,481$9,880$7,565
7 years$10,619$9,906$9,240$8,617$8,035$5,846
8 years$9,198$8,491$7,836$7,228$6,666$4,601
9 years$8,093$7,393$6,749$6,157$5,614$3,670
10 years$7,210$6,517$5,884$5,307$4,783$2,958
11 years$6,488$5,802$5,180$4,619$4,114$2,402
12 years$5,886$5,207$4,597$4,052$3,565$1,963
13 years$5,378$4,706$4,107$3,577$3,109$1,612
14 years$4,942$4,277$3,691$3,175$2,725$1,329
15 years$4,565$3,908$3,332$2,832$2,399$1,099
16 years$4,235$3,585$3,021$2,535$2,121$911
17 years$3,945$3,302$2,749$2,278$1,880$757
18 years$3,687$3,051$2,509$2,053$1,672$630
19 years$3,456$2,828$2,297$1,855$1,490$526
20 years$3,249$2,628$2,108$1,680$1,331$439
21 years$3,062$2,447$1,939$1,525$1,191$366
22 years$2,892$2,285$1,787$1,386$1,068$306
23 years$2,737$2,137$1,650$1,263$958$256
24 years$2,595$2,002$1,526$1,152$861$215
25 years$2,465$1,879$1,414$1,052$775$180
26 years$2,345$1,766$1,311$962$698$151
27 years$2,234$1,662$1,217$880$630$126
28 years$2,131$1,566$1,132$806$568$106
29 years$2,035$1,477$1,053$740$513$89
30 years$1,946$1,395$981$679$463$74
31 years$1,863$1,319$915$623$419$62
32 years$1,785$1,248$853$573$379$52
33 years$1,712$1,182$797$527$343$44
34 years$1,644$1,120$744$485$311$37
35 years$1,579$1,062$696$446$281$31
36 years$1,518$1,008$651$411$255$26
37 years$1,461$958$609$379$231$22
38 years$1,407$910$571$349$209$18
39 years$1,356$865$535$322$190$15
40 years$1,307$823$501$297$172$13
41 years$1,261$784$470$274$156$11
42 years$1,217$746$441$253$142$9
43 years$1,175$711$414$233$129$8
44 years$1,136$678$388$215$117$6
45 years$1,098$646$365$199$106$5
46 years$1,062$617$342$184$96$5
47 years$1,028$589$322$170$87$4
48 years$995$562$302$157$79$3
49 years$963$537$284$145$72$3
50 years$933$513$267$134$65$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $956,000, adding $3,615 every year, while hoping to spend $47,744 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: 53/26/21 Blend
34$956,000$956,000$956,000$956,000
35$1,057,241$1,006,573$991,755$1,106,995
36$1,114,280$1,005,096$974,179$1,140,118
37$1,175,537$1,001,946$954,415$1,170,865
38$1,241,392$996,991$932,338$1,203,308
39$1,312,262$990,091$907,819$1,237,622
40$1,388,603$981,097$880,722$1,274,006
41$1,470,921$969,850$850,906$1,312,679
42$1,559,766$956,184$818,222$1,353,887
43$1,655,745$939,921$782,516$1,397,902
44$1,759,527$920,872$743,626$1,445,028
45$1,871,843$898,840$701,382$1,495,601
46$1,993,501$873,612$655,608$1,549,998
47$2,125,385$844,967$606,118$1,608,633
48$2,268,471$812,667$552,719$1,671,971
49$2,423,830$776,462$495,210$1,740,526
50$2,592,641$736,089$433,380$1,814,867
51$2,776,200$691,267$367,008$1,895,629
52$2,975,934$641,701$295,864$1,983,515
53$3,193,413$587,078$219,709$2,079,303
54$3,430,363$527,067$138,292$2,183,859
55$3,688,686$461,319$51,351$2,298,140
56$3,970,473$389,465$0$2,423,209
57$4,278,027$311,115$0$2,569,525
58$4,613,883$225,856$0$2,741,992
59$4,980,830$133,254$0$2,930,602
60$5,381,940$32,848$0$3,137,022
61$5,820,594$0$0$3,363,095
62$6,300,517$0$0$3,632,555
63$6,825,808$0$0$3,937,866
64$7,400,982$0$0$4,272,264
65$8,031,010$0$0$4,638,653
66$8,721,368$0$0$5,040,227
67$9,478,084$0$0$5,480,507
68$10,307,801$0$0$5,963,370
69$11,217,832$0$0$6,493,087
70$12,216,232$0$0$7,074,361
71$13,311,877$0$0$7,712,373
72$14,514,539$0$0$8,412,829
73$15,834,986$0$0$9,182,016
74$17,285,077$0$0$10,026,859
75$18,877,877$0$0$10,954,988
76$20,627,779$0$0$11,974,804
77$22,550,639$0$0$13,095,569
78$24,663,923$0$0$14,327,480
79$26,986,875$0$0$15,681,775
80$29,540,697$0$0$17,170,834
81$32,348,744$0$0$18,808,297
82$35,436,752$0$0$20,609,192
83$38,833,073$0$0$22,590,074
84$42,568,943$0$0$24,769,188
85$46,678,782$0$0$27,166,631
86$51,200,511$0$0$29,804,550
87$56,175,911$0$0$32,707,344
88$61,651,020$0$0$35,901,899
89$67,676,563$0$0$39,417,839
90$74,308,431$0$0$43,287,804
91$81,608,208$0$0$47,547,759
92$89,643,753$0$0$52,237,335
93$98,489,836$0$0$57,400,198
94$108,228,846$0$0$63,084,466
95$118,951,566$0$0$69,343,155
96$130,758,029$0$0$76,234,690
97$143,758,464$0$0$83,823,445
98$158,074,332$0$0$92,180,357
99$173,839,471$0$0$101,383,591
100$191,201,365$0$0$111,519,282