Can I retire at age 35 with 959,000?

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 $959,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.3%
1 years$79,193$78,488$77,800$77,128$76,472$74,202
2 years$39,205$38,474$37,767$37,081$36,415$34,147
3 years$25,877$25,143$24,438$23,758$23,103$20,908
4 years$19,214$18,483$17,784$17,116$16,477$14,372
5 years$15,218$14,491$13,801$13,147$12,526$10,516
6 years$12,554$11,833$11,154$10,514$9,911$7,999
7 years$10,652$9,937$9,269$8,644$8,061$6,245
8 years$9,227$8,518$7,861$7,251$6,687$4,968
9 years$8,119$7,417$6,770$6,176$5,631$4,006
10 years$7,232$6,537$5,903$5,324$4,798$3,265
11 years$6,508$5,820$5,196$4,634$4,127$2,683
12 years$5,905$5,224$4,612$4,064$3,576$2,219
13 years$5,395$4,721$4,120$3,588$3,118$1,845
14 years$4,958$4,291$3,702$3,185$2,734$1,540
15 years$4,579$3,920$3,342$2,841$2,407$1,290
16 years$4,249$3,596$3,030$2,543$2,127$1,084
17 years$3,957$3,312$2,758$2,285$1,886$912
18 years$3,698$3,061$2,517$2,059$1,677$770
19 years$3,467$2,836$2,304$1,861$1,495$651
20 years$3,259$2,636$2,115$1,685$1,335$550
21 years$3,071$2,455$1,945$1,530$1,195$466
22 years$2,901$2,292$1,793$1,391$1,071$395
23 years$2,745$2,143$1,655$1,267$961$336
24 years$2,603$2,008$1,531$1,155$864$285
25 years$2,472$1,885$1,418$1,055$778$242
26 years$2,352$1,771$1,315$965$700$206
27 years$2,241$1,667$1,221$883$631$175
28 years$2,137$1,571$1,135$809$570$149
29 years$2,041$1,482$1,056$742$515$127
30 years$1,952$1,399$984$681$465$108
31 years$1,869$1,323$917$625$420$92
32 years$1,791$1,252$856$575$380$78
33 years$1,717$1,185$799$528$344$67
34 years$1,649$1,124$747$486$312$57
35 years$1,584$1,066$698$448$282$48
36 years$1,523$1,011$653$412$256$41
37 years$1,466$961$611$380$232$35
38 years$1,411$913$572$350$210$30
39 years$1,360$868$536$323$190$26
40 years$1,311$826$503$298$173$22
41 years$1,265$786$471$275$157$19
42 years$1,221$749$442$254$142$16
43 years$1,179$713$415$234$129$13
44 years$1,139$680$389$216$117$11
45 years$1,102$649$366$200$106$10
46 years$1,065$619$343$184$97$8
47 years$1,031$590$323$170$88$7
48 years$998$564$303$157$80$6
49 years$966$538$285$145$72$5
50 years$936$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 $959,000, adding $6,842 every year, while hoping to spend $28,876 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: 35/37/28 Blend
34$959,000$959,000$959,000$959,000
35$1,063,876$1,013,049$998,184$1,091,940
36$1,141,667$1,031,964$1,000,899$1,132,459
37$1,226,425$1,050,839$1,002,738$1,173,070
38$1,318,831$1,069,640$1,003,640$1,216,332
39$1,419,632$1,088,333$1,003,542$1,262,503
40$1,529,653$1,106,879$1,002,379$1,311,867
41$1,649,800$1,125,239$1,000,081$1,364,738
42$1,781,072$1,143,368$996,576$1,421,463
43$1,924,568$1,161,219$991,788$1,482,426
44$2,081,498$1,178,743$985,637$1,548,052
45$2,253,194$1,195,886$978,040$1,618,809
46$2,441,125$1,212,588$968,909$1,695,215
47$2,646,904$1,228,790$958,152$1,777,843
48$2,872,312$1,244,424$945,673$1,867,326
49$3,119,307$1,259,420$931,373$1,964,363
50$3,390,047$1,273,703$915,145$2,069,726
51$3,686,909$1,287,191$896,879$2,184,269
52$4,012,509$1,299,799$876,460$2,308,936
53$4,369,731$1,311,436$853,768$2,444,767
54$4,761,750$1,322,003$828,675$2,592,912
55$5,192,064$1,331,396$801,051$2,754,643
56$5,664,525$1,339,505$770,757$2,931,362
57$6,183,378$1,346,211$737,648$3,124,619
58$6,753,297$1,351,391$701,574$3,336,126
59$7,379,433$1,354,909$662,377$3,567,770
60$8,067,460$1,356,624$619,891$3,821,638
61$8,823,629$1,356,386$573,945$4,100,033
62$9,654,825$1,354,035$524,359$4,405,497
63$10,568,636$1,349,402$470,943$4,740,835
64$11,573,420$1,342,305$413,503$5,109,144
65$12,678,385$1,332,554$351,831$5,513,844
66$13,893,677$1,319,947$285,715$5,958,707
67$15,230,476$1,304,268$214,930$6,447,896
68$16,701,096$1,285,289$139,242$6,986,005
69$18,319,109$1,262,769$58,408$7,578,106
70$20,099,467$1,236,453$0$8,229,791
71$22,058,642$1,206,069$0$8,955,555
72$24,214,788$1,171,331$0$9,773,049
73$26,587,905$1,131,934$0$10,672,401
74$29,200,031$1,087,559$0$11,661,985
75$32,075,449$1,037,864$0$12,751,034
76$35,240,915$982,490$0$13,949,729
77$38,725,913$921,056$0$15,269,291
78$42,562,928$853,160$0$16,722,095
79$46,787,759$778,378$0$18,321,782
80$51,439,851$696,258$0$20,083,390
81$56,562,667$606,326$0$22,023,498
82$62,204,103$508,080$0$24,160,384
83$68,416,935$400,990$0$26,514,197
84$75,259,319$284,494$0$29,107,148
85$82,795,337$158,002$0$31,963,725
86$91,095,605$20,888$0$35,110,920
87$100,237,937$0$0$38,578,489
88$110,308,081$0$0$42,451,147
89$121,400,525$0$0$46,726,520
90$133,619,389$0$0$51,436,260
91$147,079,413$0$0$56,624,618
92$161,907,030$0$0$62,340,357
93$178,241,568$0$0$68,637,212
94$196,236,560$0$0$75,574,397
95$216,061,193$0$0$83,217,166
96$237,901,906$0$0$91,637,423
97$261,964,150$0$0$100,914,409
98$288,474,324$0$0$111,135,440
99$317,681,917$0$0$122,396,742
100$349,861,854$0$0$134,804,349