Can I retire at age 35 with 957,000?

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 $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%
1 years$79,028$78,324$77,637$76,967$76,313$74,437
2 years$39,123$38,394$37,688$37,003$36,339$34,462
3 years$25,823$25,091$24,387$23,708$23,055$21,234
4 years$19,174$18,445$17,747$17,081$16,443$14,692
5 years$15,186$14,461$13,773$13,120$12,500$10,824
6 years$12,528$11,808$11,130$10,492$9,891$8,292
7 years$10,630$9,917$9,249$8,626$8,044$6,522
8 years$9,208$8,500$7,844$7,236$6,673$5,227
9 years$8,102$7,401$6,756$6,164$5,620$4,249
10 years$7,217$6,524$5,890$5,313$4,788$3,491
11 years$6,494$5,808$5,186$4,624$4,118$2,893
12 years$5,892$5,213$4,602$4,056$3,569$2,413
13 years$5,383$4,711$4,112$3,581$3,112$2,024
14 years$4,947$4,282$3,694$3,178$2,728$1,704
15 years$4,570$3,912$3,336$2,835$2,402$1,441
16 years$4,240$3,589$3,024$2,538$2,123$1,222
17 years$3,949$3,305$2,752$2,280$1,882$1,039
18 years$3,691$3,054$2,512$2,055$1,674$885
19 years$3,460$2,831$2,300$1,857$1,492$755
20 years$3,253$2,630$2,111$1,682$1,332$645
21 years$3,065$2,450$1,941$1,526$1,192$552
22 years$2,895$2,287$1,789$1,388$1,069$473
23 years$2,740$2,139$1,652$1,264$959$405
24 years$2,598$2,004$1,528$1,153$862$348
25 years$2,467$1,881$1,415$1,053$776$299
26 years$2,347$1,768$1,312$963$699$257
27 years$2,236$1,663$1,219$881$630$221
28 years$2,133$1,568$1,133$807$569$190
29 years$2,037$1,479$1,054$740$513$163
30 years$1,948$1,397$982$679$464$140
31 years$1,865$1,320$916$624$419$121
32 years$1,787$1,249$854$573$379$104
33 years$1,714$1,183$798$527$343$90
34 years$1,645$1,121$745$485$311$77
35 years$1,581$1,063$697$447$282$66
36 years$1,520$1,009$652$411$255$57
37 years$1,463$959$610$379$231$49
38 years$1,408$911$571$349$210$42
39 years$1,357$866$535$322$190$37
40 years$1,308$824$502$297$172$32
41 years$1,262$785$470$274$156$27
42 years$1,218$747$441$253$142$23
43 years$1,177$712$414$234$129$20
44 years$1,137$679$389$216$117$17
45 years$1,099$647$365$199$106$15
46 years$1,063$617$343$184$96$13
47 years$1,029$589$322$170$88$11
48 years$996$562$303$157$79$10
49 years$964$537$284$145$72$8
50 years$934$513$267$134$66$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $957,000, adding $4,827 every year, while hoping to spend $39,848 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: 71/11/18 Blend
34$957,000$957,000$957,000$957,000
35$1,059,593$1,008,872$994,039$1,129,964
36$1,125,274$1,015,909$984,941$1,184,445
37$1,196,318$1,021,955$974,203$1,238,844
38$1,273,231$1,026,920$961,728$1,297,390
39$1,356,569$1,030,706$947,413$1,360,488
40$1,446,941$1,033,213$931,154$1,428,585
41$1,545,019$1,034,331$912,838$1,502,171
42$1,651,542$1,033,944$892,348$1,581,791
43$1,767,321$1,031,929$869,564$1,668,043
44$1,893,250$1,028,156$844,357$1,761,587
45$2,030,313$1,022,487$816,594$1,863,152
46$2,179,590$1,014,774$786,135$1,973,542
47$2,342,273$1,004,862$752,835$2,093,642
48$2,519,670$992,586$716,541$2,224,430
49$2,713,225$977,771$677,093$2,366,986
50$2,924,523$960,231$634,325$2,522,497
51$3,155,312$939,770$588,062$2,692,276
52$3,407,514$916,180$538,123$2,877,771
53$3,683,248$889,240$484,318$3,080,577
54$3,984,844$858,717$426,447$3,302,453
55$4,314,869$824,365$364,304$3,545,342
56$4,676,149$785,922$297,671$3,811,385
57$5,071,795$743,112$226,323$4,102,943
58$5,505,237$695,642$150,023$4,422,619
59$5,980,247$643,205$68,524$4,773,286
60$6,500,982$585,472$0$5,158,110
61$7,072,021$522,099$0$5,584,128
62$7,698,407$452,721$0$6,065,923
63$8,385,692$376,952$0$6,594,620
64$9,139,995$294,385$0$7,174,959
65$9,968,054$204,590$0$7,812,162
66$10,877,292$107,111$0$8,511,985
67$11,875,886$1,470$0$9,280,769
68$12,972,844$0$0$10,125,503
69$14,178,088$0$0$11,067,548
70$15,502,551$0$0$12,103,026
71$16,958,275$0$0$13,241,179
72$18,558,529$0$0$14,492,389
73$20,317,929$0$0$15,868,092
74$22,252,581$0$0$17,380,887
75$24,380,228$0$0$19,044,656
76$26,720,418$0$0$20,874,693
77$29,294,689$0$0$22,887,850
78$32,126,773$0$0$25,102,693
79$35,242,817$0$0$27,539,679
80$38,671,629$0$0$30,221,347
81$42,444,952$0$0$33,172,533
82$46,597,762$0$0$36,420,602
83$51,168,596$0$0$39,995,704
84$56,199,919$0$0$43,931,063
85$61,738,518$0$0$48,263,286
86$67,835,949$0$0$53,032,710
87$74,549,022$0$0$58,283,782
88$81,940,333$0$0$64,065,479
89$90,078,859$0$0$70,431,766
90$99,040,603$0$0$77,442,110
91$108,909,316$0$0$85,162,038
92$119,777,286$0$0$93,663,755
93$131,746,203$0$0$103,026,825
94$144,928,127$0$0$113,338,924
95$159,446,537$0$0$124,696,662
96$175,437,501$0$0$137,206,501
97$193,050,957$0$0$150,985,753
98$212,452,128$0$0$166,163,690
99$233,823,083$0$0$182,882,765
100$257,364,451$0$0$201,299,952