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%16.6%
1 years$78,946$78,242$77,556$76,887$76,233$74,179
2 years$39,082$38,354$37,649$36,965$36,301$34,247
3 years$25,796$25,065$24,361$23,684$23,031$21,040
4 years$19,154$18,425$17,729$17,063$16,426$14,514
5 years$15,170$14,446$13,758$13,106$12,487$10,659
6 years$12,515$11,796$11,119$10,481$9,880$8,139
7 years$10,619$9,906$9,240$8,617$8,035$6,380
8 years$9,198$8,491$7,836$7,228$6,666$5,096
9 years$8,093$7,393$6,749$6,157$5,614$4,127
10 years$7,210$6,517$5,884$5,307$4,783$3,378
11 years$6,488$5,802$5,180$4,619$4,114$2,788
12 years$5,886$5,207$4,597$4,052$3,565$2,317
13 years$5,378$4,706$4,107$3,577$3,109$1,935
14 years$4,942$4,277$3,691$3,175$2,725$1,623
15 years$4,565$3,908$3,332$2,832$2,399$1,367
16 years$4,235$3,585$3,021$2,535$2,121$1,154
17 years$3,945$3,302$2,749$2,278$1,880$976
18 years$3,687$3,051$2,509$2,053$1,672$828
19 years$3,456$2,828$2,297$1,855$1,490$703
20 years$3,249$2,628$2,108$1,680$1,331$598
21 years$3,062$2,447$1,939$1,525$1,191$510
22 years$2,892$2,285$1,787$1,386$1,068$435
23 years$2,737$2,137$1,650$1,263$958$371
24 years$2,595$2,002$1,526$1,152$861$317
25 years$2,465$1,879$1,414$1,052$775$271
26 years$2,345$1,766$1,311$962$698$231
27 years$2,234$1,662$1,217$880$630$198
28 years$2,131$1,566$1,132$806$568$169
29 years$2,035$1,477$1,053$740$513$145
30 years$1,946$1,395$981$679$463$124
31 years$1,863$1,319$915$623$419$106
32 years$1,785$1,248$853$573$379$91
33 years$1,712$1,182$797$527$343$78
34 years$1,644$1,120$744$485$311$67
35 years$1,579$1,062$696$446$281$57
36 years$1,518$1,008$651$411$255$49
37 years$1,461$958$609$379$231$42
38 years$1,407$910$571$349$209$36
39 years$1,356$865$535$322$190$31
40 years$1,307$823$501$297$172$27
41 years$1,261$784$470$274$156$23
42 years$1,217$746$441$253$142$19
43 years$1,175$711$414$233$129$17
44 years$1,136$678$388$215$117$14
45 years$1,098$646$365$199$106$12
46 years$1,062$617$342$184$96$11
47 years$1,028$589$322$170$87$9
48 years$995$562$302$157$79$8
49 years$963$537$284$145$72$7
50 years$933$513$267$134$65$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $956,000, adding $5,043 every year, while hoping to spend $48,090 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: 77/7/16 Blend
34$956,000$956,000$956,000$956,000
35$1,058,714$1,008,046$993,228$1,136,168
36$1,115,535$1,006,273$975,334$1,186,217
37$1,176,541$1,002,801$955,228$1,234,543
38$1,242,106$997,496$932,787$1,286,223
39$1,312,644$990,217$907,878$1,341,574
40$1,388,609$980,812$880,367$1,400,947
41$1,470,496$969,122$850,109$1,464,730
42$1,558,855$954,976$816,955$1,533,349
43$1,654,284$938,197$780,749$1,607,275
44$1,757,445$918,592$741,328$1,687,027
45$1,869,062$895,961$698,521$1,773,179
46$1,989,934$870,090$652,148$1,866,362
47$2,120,937$840,754$602,025$1,967,272
48$2,263,034$807,713$547,955$2,076,679
49$2,417,288$770,715$489,735$2,195,429
50$2,584,863$729,492$427,153$2,324,458
51$2,767,043$683,761$359,986$2,464,798
52$2,965,238$633,222$288,003$2,617,584
53$3,181,002$577,560$210,961$2,784,073
54$3,416,043$516,439$128,607$2,965,647
55$3,672,242$449,507$40,678$3,163,833
56$3,951,667$376,390$0$3,380,314
57$4,256,597$296,693$0$3,626,021
58$4,589,539$209,999$0$3,901,928
59$4,953,251$115,868$0$4,203,392
60$5,350,773$13,836$0$4,532,956
61$5,785,449$0$0$4,893,423
62$6,260,963$0$0$5,295,320
63$6,781,369$0$0$5,736,358
64$7,351,132$0$0$6,219,261
65$7,975,171$0$0$6,748,201
66$8,658,900$0$0$7,327,772
67$9,408,282$0$0$7,963,034
68$10,229,885$0$0$8,659,559
69$11,130,944$0$0$9,423,485
70$12,119,425$0$0$10,261,572
71$13,204,106$0$0$11,181,265
72$14,394,651$0$0$12,190,768
73$15,701,709$0$0$13,299,113
74$17,137,009$0$0$14,516,254
75$18,713,473$0$0$15,853,153
76$20,445,333$0$0$17,321,887
77$22,348,270$0$0$18,935,761
78$24,439,558$0$0$20,709,433
79$26,738,228$0$0$22,659,048
80$29,265,247$0$0$24,802,398
81$32,043,712$0$0$27,159,082
82$35,099,074$0$0$29,750,692
83$38,459,369$0$0$32,601,021
84$42,155,491$0$0$35,736,279
85$46,221,475$0$0$39,185,348
86$50,694,823$0$0$42,980,046
87$55,616,852$0$0$47,155,434
88$61,033,090$0$0$51,750,142
89$66,993,700$0$0$56,806,732
90$73,553,951$0$0$62,372,104
91$80,774,744$0$0$68,497,934
92$88,723,185$0$0$75,241,160
93$97,473,214$0$0$82,664,523
94$107,106,303$0$0$90,837,155
95$117,712,229$0$0$99,835,232
96$129,389,913$0$0$109,742,692
97$142,248,359$0$0$120,652,028
98$156,407,678$0$0$132,665,158
99$172,000,221$0$0$145,894,384
100$189,171,831$0$0$160,463,460