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%13.7%
1 years$79,193$78,488$77,800$77,128$76,472$75,298
2 years$39,205$38,474$37,767$37,081$36,415$35,235
3 years$25,877$25,143$24,438$23,758$23,103$21,954
4 years$19,214$18,483$17,784$17,116$16,477$15,368
5 years$15,218$14,491$13,801$13,147$12,526$11,459
6 years$12,554$11,833$11,154$10,514$9,911$8,889
7 years$10,652$9,937$9,269$8,644$8,061$7,082
8 years$9,227$8,518$7,861$7,251$6,687$5,753
9 years$8,119$7,417$6,770$6,176$5,631$4,741
10 years$7,232$6,537$5,903$5,324$4,798$3,951
11 years$6,508$5,820$5,196$4,634$4,127$3,322
12 years$5,905$5,224$4,612$4,064$3,576$2,812
13 years$5,395$4,721$4,120$3,588$3,118$2,395
14 years$4,958$4,291$3,702$3,185$2,734$2,049
15 years$4,579$3,920$3,342$2,841$2,407$1,760
16 years$4,249$3,596$3,030$2,543$2,127$1,517
17 years$3,957$3,312$2,758$2,285$1,886$1,311
18 years$3,698$3,061$2,517$2,059$1,677$1,135
19 years$3,467$2,836$2,304$1,861$1,495$986
20 years$3,259$2,636$2,115$1,685$1,335$857
21 years$3,071$2,455$1,945$1,530$1,195$746
22 years$2,901$2,292$1,793$1,391$1,071$651
23 years$2,745$2,143$1,655$1,267$961$568
24 years$2,603$2,008$1,531$1,155$864$496
25 years$2,472$1,885$1,418$1,055$778$434
26 years$2,352$1,771$1,315$965$700$380
27 years$2,241$1,667$1,221$883$631$332
28 years$2,137$1,571$1,135$809$570$291
29 years$2,041$1,482$1,056$742$515$255
30 years$1,952$1,399$984$681$465$224
31 years$1,869$1,323$917$625$420$196
32 years$1,791$1,252$856$575$380$172
33 years$1,717$1,185$799$528$344$151
34 years$1,649$1,124$747$486$312$133
35 years$1,584$1,066$698$448$282$117
36 years$1,523$1,011$653$412$256$102
37 years$1,466$961$611$380$232$90
38 years$1,411$913$572$350$210$79
39 years$1,360$868$536$323$190$69
40 years$1,311$826$503$298$173$61
41 years$1,265$786$471$275$157$54
42 years$1,221$749$442$254$142$47
43 years$1,179$713$415$234$129$41
44 years$1,139$680$389$216$117$36
45 years$1,102$649$366$200$106$32
46 years$1,065$619$343$184$97$28
47 years$1,031$590$323$170$88$25
48 years$998$564$303$157$80$22
49 years$966$538$285$145$72$19
50 years$936$514$268$134$66$17

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $959,000, adding $3,896 every year, while hoping to spend $31,476 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: 34/48/18 Blend
34$959,000$959,000$959,000$959,000
35$1,060,837$1,010,010$995,145$1,090,903
36$1,135,552$1,026,010$994,992$1,129,335
37$1,216,833$1,041,739$993,779$1,167,551
38$1,305,317$1,057,151$991,438$1,208,099
39$1,401,703$1,072,196$987,895$1,251,201
40$1,506,763$1,086,820$983,076$1,297,106
41$1,621,345$1,100,966$976,901$1,346,089
42$1,746,383$1,114,574$969,288$1,398,452
43$1,882,903$1,127,577$960,148$1,454,533
44$2,032,038$1,139,907$949,392$1,514,702
45$2,195,033$1,151,490$936,923$1,579,373
46$2,373,258$1,162,245$922,643$1,648,998
47$2,568,224$1,172,088$906,445$1,724,084
48$2,781,593$1,180,931$888,220$1,805,186
49$3,015,195$1,188,675$867,855$1,892,921
50$3,271,045$1,195,221$845,229$1,987,971
51$3,551,363$1,200,459$820,216$2,091,090
52$3,858,594$1,204,273$792,685$2,203,110
53$4,195,430$1,206,542$762,499$2,324,954
54$4,564,836$1,207,134$729,515$2,457,640
55$4,970,078$1,205,912$693,582$2,602,294
56$5,414,752$1,202,728$654,543$2,760,162
57$5,902,822$1,197,427$612,235$2,932,618
58$6,438,651$1,189,842$566,487$3,121,183
59$7,027,048$1,179,799$517,119$3,327,536
60$7,673,309$1,167,111$463,944$3,553,535
61$8,383,267$1,151,580$406,767$3,801,228
62$9,163,351$1,132,998$345,383$4,072,881
63$10,020,640$1,111,142$279,581$4,370,996
64$10,962,935$1,085,778$209,137$4,698,336
65$11,998,831$1,056,657$133,820$5,057,952
66$13,137,794$1,023,517$53,385$5,453,215
67$14,390,257$986,077$0$5,887,846
68$15,767,713$944,044$0$6,372,187
69$17,282,822$897,105$0$6,915,887
70$18,949,537$844,930$0$7,513,743
71$20,783,229$787,170$0$8,171,338
72$22,800,834$723,457$0$8,894,833
73$25,021,012$653,400$0$9,691,022
74$27,464,325$576,587$0$10,567,401
75$30,153,428$492,581$0$11,532,238
76$33,113,283$400,923$0$12,594,654
77$36,371,397$301,127$0$13,764,710
78$39,958,075$192,678$0$15,053,502
79$43,906,713$75,034$0$16,473,269
80$48,254,109$0$0$18,037,510
81$53,040,811$0$0$19,788,777
82$58,311,497$0$0$21,760,934
83$64,115,399$0$0$23,932,792
84$70,506,767$0$0$26,324,676
85$77,545,380$0$0$28,958,981
86$85,297,110$0$0$31,860,384
87$93,834,542$0$0$35,056,079
88$103,237,662$0$0$38,576,031
89$113,594,608$0$0$42,453,263
90$125,002,504$0$0$46,724,159
91$137,568,374$0$0$51,428,819
92$151,410,155$0$0$56,611,425
93$166,657,806$0$0$62,320,669
94$183,454,538$0$0$68,610,204
95$201,958,163$0$0$75,539,156
96$222,342,581$0$0$83,172,678
97$244,799,429$0$0$91,582,569
98$269,539,878$0$0$100,847,946
99$296,796,637$0$0$111,055,995
100$326,826,142$0$0$122,302,795