Can I retire at age 35 with 957,000?

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 $957,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.9%
1 years$79,028$78,324$77,637$76,967$76,313$74,167
2 years$39,123$38,394$37,688$37,003$36,339$34,194
3 years$25,823$25,091$24,387$23,708$23,055$20,977
4 years$19,174$18,445$17,747$17,081$16,443$14,449
5 years$15,186$14,461$13,773$13,120$12,500$10,594
6 years$12,528$11,808$11,130$10,492$9,891$8,076
7 years$10,630$9,917$9,249$8,626$8,044$6,320
8 years$9,208$8,500$7,844$7,236$6,673$5,039
9 years$8,102$7,401$6,756$6,164$5,620$4,074
10 years$7,217$6,524$5,890$5,313$4,788$3,328
11 years$6,494$5,808$5,186$4,624$4,118$2,742
12 years$5,892$5,213$4,602$4,056$3,569$2,274
13 years$5,383$4,711$4,112$3,581$3,112$1,895
14 years$4,947$4,282$3,694$3,178$2,728$1,587
15 years$4,570$3,912$3,336$2,835$2,402$1,333
16 years$4,240$3,589$3,024$2,538$2,123$1,123
17 years$3,949$3,305$2,752$2,280$1,882$948
18 years$3,691$3,054$2,512$2,055$1,674$802
19 years$3,460$2,831$2,300$1,857$1,492$680
20 years$3,253$2,630$2,111$1,682$1,332$577
21 years$3,065$2,450$1,941$1,526$1,192$491
22 years$2,895$2,287$1,789$1,388$1,069$417
23 years$2,740$2,139$1,652$1,264$959$355
24 years$2,598$2,004$1,528$1,153$862$303
25 years$2,467$1,881$1,415$1,053$776$258
26 years$2,347$1,768$1,312$963$699$220
27 years$2,236$1,663$1,219$881$630$188
28 years$2,133$1,568$1,133$807$569$160
29 years$2,037$1,479$1,054$740$513$137
30 years$1,948$1,397$982$679$464$117
31 years$1,865$1,320$916$624$419$100
32 years$1,787$1,249$854$573$379$85
33 years$1,714$1,183$798$527$343$73
34 years$1,645$1,121$745$485$311$62
35 years$1,581$1,063$697$447$282$53
36 years$1,520$1,009$652$411$255$46
37 years$1,463$959$610$379$231$39
38 years$1,408$911$571$349$210$33
39 years$1,357$866$535$322$190$28
40 years$1,308$824$502$297$172$24
41 years$1,262$785$470$274$156$21
42 years$1,218$747$441$253$142$18
43 years$1,177$712$414$234$129$15
44 years$1,137$679$389$216$117$13
45 years$1,099$647$365$199$106$11
46 years$1,063$617$343$184$96$10
47 years$1,029$589$322$170$88$8
48 years$996$562$303$157$79$7
49 years$964$537$284$145$72$6
50 years$934$513$267$134$66$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $957,000, adding $2,551 every year, while hoping to spend $47,683 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: 40/40/20 Blend
34$957,000$957,000$957,000$957,000
35$1,057,245$1,006,524$991,691$1,093,177
36$1,114,350$1,005,110$974,178$1,117,716
37$1,175,681$1,002,028$954,481$1,139,494
38$1,241,620$997,146$932,475$1,162,073
39$1,312,584$990,325$908,031$1,185,553
40$1,389,032$981,415$881,015$1,210,047
41$1,471,469$970,260$851,285$1,235,680
42$1,560,448$956,692$818,692$1,262,598
43$1,656,578$940,535$783,082$1,290,961
44$1,760,527$921,599$744,294$1,320,952
45$1,873,032$899,688$702,159$1,352,778
46$1,994,899$874,591$656,499$1,386,670
47$2,127,017$846,084$607,130$1,422,888
48$2,270,363$813,933$553,860$1,461,724
49$2,426,012$777,888$496,486$1,503,506
50$2,595,146$737,685$434,798$1,548,601
51$2,779,064$693,044$368,577$1,597,418
52$2,979,197$643,672$297,593$1,650,419
53$3,197,118$589,255$221,606$1,708,115
54$3,434,560$529,464$140,365$1,771,080
55$3,693,428$463,951$53,611$1,839,955
56$3,975,820$392,347$0$1,915,453
57$4,284,044$314,262$0$2,006,686
58$4,620,641$229,286$0$2,118,975
59$4,988,410$136,984$0$2,241,916
60$5,390,429$36,898$0$2,376,675
61$5,830,091$0$0$2,524,543
62$6,311,128$0$0$2,718,402
63$6,837,651$0$0$2,948,492
64$7,414,188$0$0$3,200,564
65$8,045,722$0$0$3,476,815
66$8,737,745$0$0$3,779,662
67$9,496,302$0$0$4,111,768
68$10,328,052$0$0$4,476,066
69$11,240,329$0$0$4,875,787
70$12,241,211$0$0$5,314,488
71$13,339,595$0$0$5,796,091
72$14,545,283$0$0$6,324,912
73$15,869,070$0$0$6,905,708
74$17,322,848$0$0$7,543,718
75$18,919,719$0$0$8,244,715
76$20,674,113$0$0$9,015,056
77$22,601,930$0$0$9,861,748
78$24,720,685$0$0$10,792,508
79$27,049,673$0$0$11,815,838
80$29,610,154$0$0$12,941,107
81$32,425,549$0$0$14,178,635
82$35,521,661$0$0$15,539,793
83$38,926,921$0$0$17,037,109
84$42,672,652$0$0$18,684,388
85$46,793,366$0$0$20,496,839
86$51,327,088$0$0$22,491,219
87$56,315,714$0$0$24,685,992
88$61,805,409$0$0$27,101,503
89$67,847,035$0$0$29,760,169
90$74,496,638$0$0$32,686,689
91$81,815,970$0$0$35,908,281
92$89,873,075$0$0$39,454,933
93$98,742,929$0$0$43,359,689
94$108,508,146$0$0$47,658,962
95$119,259,759$0$0$52,392,873
96$131,098,076$0$0$57,605,633
97$144,133,626$0$0$63,345,957
98$158,488,204$0$0$69,667,529
99$174,296,017$0$0$76,629,499
100$191,704,950$0$0$84,297,051