Can I retire at age 35 with 958,000?

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 $958,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.7%
1 years$79,111$78,406$77,719$77,048$76,392$74,006
2 years$39,164$38,434$37,727$37,042$36,377$33,995
3 years$25,850$25,117$24,412$23,733$23,079$20,775
4 years$19,194$18,464$17,766$17,098$16,460$14,252
5 years$15,202$14,476$13,787$13,133$12,513$10,406
6 years$12,541$11,821$11,142$10,503$9,901$7,898
7 years$10,641$9,927$9,259$8,635$8,052$6,152
8 years$9,217$8,509$7,852$7,244$6,680$4,882
9 years$8,110$7,409$6,763$6,170$5,626$3,928
10 years$7,225$6,531$5,896$5,319$4,793$3,193
11 years$6,501$5,814$5,191$4,629$4,122$2,617
12 years$5,898$5,218$4,607$4,060$3,572$2,159
13 years$5,389$4,716$4,116$3,584$3,115$1,790
14 years$4,952$4,286$3,698$3,182$2,731$1,490
15 years$4,575$3,916$3,339$2,838$2,404$1,245
16 years$4,244$3,593$3,027$2,541$2,125$1,042
17 years$3,953$3,309$2,755$2,283$1,884$875
18 years$3,695$3,057$2,515$2,057$1,675$736
19 years$3,464$2,833$2,302$1,859$1,493$620
20 years$3,256$2,633$2,113$1,684$1,334$523
21 years$3,068$2,453$1,943$1,528$1,194$442
22 years$2,898$2,289$1,791$1,389$1,070$374
23 years$2,743$2,141$1,654$1,265$960$316
24 years$2,600$2,006$1,529$1,154$863$268
25 years$2,470$1,883$1,417$1,054$777$227
26 years$2,350$1,769$1,314$964$700$192
27 years$2,238$1,665$1,220$882$631$163
28 years$2,135$1,569$1,134$808$569$138
29 years$2,039$1,480$1,055$741$514$117
30 years$1,950$1,398$983$680$464$99
31 years$1,867$1,322$916$625$420$84
32 years$1,789$1,250$855$574$380$72
33 years$1,716$1,184$798$528$344$61
34 years$1,647$1,122$746$486$311$52
35 years$1,582$1,065$697$447$282$44
36 years$1,522$1,010$652$412$255$37
37 years$1,464$960$611$379$231$32
38 years$1,410$912$572$350$210$27
39 years$1,358$867$536$322$190$23
40 years$1,310$825$502$297$173$19
41 years$1,264$785$471$274$157$16
42 years$1,220$748$442$253$142$14
43 years$1,178$713$414$234$129$12
44 years$1,138$679$389$216$117$10
45 years$1,100$648$365$199$106$9
46 years$1,064$618$343$184$96$7
47 years$1,030$590$322$170$88$6
48 years$997$563$303$157$80$5
49 years$965$538$285$145$72$4
50 years$935$514$268$134$66$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $958,000, adding $4,560 every year, while hoping to spend $37,572 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: 72/11/17 Blend
34$958,000$958,000$958,000$958,000
35$1,060,420$1,009,646$994,797$1,132,266
36$1,128,606$1,019,142$988,146$1,190,071
37$1,202,488$1,027,844$980,013$1,248,374
38$1,282,608$1,035,674$970,309$1,311,252
39$1,369,559$1,042,548$958,940$1,379,152
40$1,463,998$1,048,376$945,808$1,452,566
41$1,566,644$1,053,065$930,811$1,532,036
42$1,678,289$1,056,513$913,841$1,618,160
43$1,799,805$1,058,613$894,785$1,711,599
44$1,932,152$1,059,251$873,527$1,813,078
45$2,076,384$1,058,306$849,942$1,923,401
46$2,233,662$1,055,651$823,903$2,043,452
47$2,405,266$1,051,148$795,274$2,174,205
48$2,592,603$1,044,654$763,915$2,316,736
49$2,797,221$1,036,014$729,679$2,472,230
50$3,020,825$1,025,067$692,410$2,641,995
51$3,265,292$1,011,639$651,950$2,827,472
52$3,532,691$995,547$608,129$3,030,250
53$3,825,296$976,599$560,771$3,252,082
54$4,145,612$954,590$509,694$3,494,901
55$4,496,401$929,300$454,705$3,760,837
56$4,880,700$900,502$395,603$4,052,240
57$5,301,856$867,951$332,180$4,371,701
58$5,763,554$831,390$264,218$4,722,075
59$6,269,855$790,546$191,487$5,106,514
60$6,825,228$745,131$113,750$5,528,488
61$7,434,598$694,839$30,757$5,991,826
62$8,103,390$639,350$0$6,500,750
63$8,837,579$578,320$0$7,070,400
64$9,643,745$511,391$0$7,702,057
65$10,529,139$438,182$0$8,395,843
66$11,501,748$358,290$0$9,158,049
67$12,570,371$271,290$0$9,995,607
68$13,744,699$176,733$0$10,916,154
69$15,035,411$74,147$0$11,928,110
70$16,454,272$0$0$13,040,750
71$18,014,242$0$0$14,268,771
72$19,729,601$0$0$15,629,035
73$21,616,080$0$0$17,125,048
74$23,691,013$0$0$18,770,563
75$25,973,497$0$0$20,580,732
76$28,484,573$0$0$22,572,249
77$31,247,425$0$0$24,763,507
78$34,287,597$0$0$27,174,773
79$37,633,234$0$0$29,828,378
80$41,315,347$0$0$32,748,927
81$45,368,107$0$0$35,963,531
82$49,829,164$0$0$39,502,062
83$54,740,005$0$0$43,397,436
84$60,146,342$0$0$47,685,923
85$66,098,545$0$0$52,407,486
86$72,652,117$0$0$57,606,163
87$79,868,216$0$0$63,330,478
88$87,814,233$0$0$69,633,901
89$96,564,427$0$0$76,575,350
90$106,200,625$0$0$84,219,749
91$116,812,993$0$0$92,638,638
92$128,500,890$0$0$101,910,851
93$141,373,801$0$0$112,123,257
94$155,552,373$0$0$123,371,579
95$171,169,550$0$0$135,761,300
96$188,371,830$0$0$149,408,656
97$207,320,646$0$0$164,441,733
98$228,193,892$0$0$181,001,675
99$251,187,594$0$0$199,244,019
100$276,517,768$0$0$219,340,157