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%13.4%
1 years$79,193$78,488$77,800$77,128$76,472$75,391
2 years$39,205$38,474$37,767$37,081$36,415$35,329
3 years$25,877$25,143$24,438$23,758$23,103$22,045
4 years$19,214$18,483$17,784$17,116$16,477$15,455
5 years$15,218$14,491$13,801$13,147$12,526$11,542
6 years$12,554$11,833$11,154$10,514$9,911$8,968
7 years$10,652$9,937$9,269$8,644$8,061$7,157
8 years$9,227$8,518$7,861$7,251$6,687$5,824
9 years$8,119$7,417$6,770$6,176$5,631$4,808
10 years$7,232$6,537$5,903$5,324$4,798$4,014
11 years$6,508$5,820$5,196$4,634$4,127$3,381
12 years$5,905$5,224$4,612$4,064$3,576$2,868
13 years$5,395$4,721$4,120$3,588$3,118$2,447
14 years$4,958$4,291$3,702$3,185$2,734$2,098
15 years$4,579$3,920$3,342$2,841$2,407$1,806
16 years$4,249$3,596$3,030$2,543$2,127$1,559
17 years$3,957$3,312$2,758$2,285$1,886$1,351
18 years$3,698$3,061$2,517$2,059$1,677$1,172
19 years$3,467$2,836$2,304$1,861$1,495$1,020
20 years$3,259$2,636$2,115$1,685$1,335$889
21 years$3,071$2,455$1,945$1,530$1,195$776
22 years$2,901$2,292$1,793$1,391$1,071$678
23 years$2,745$2,143$1,655$1,267$961$593
24 years$2,603$2,008$1,531$1,155$864$519
25 years$2,472$1,885$1,418$1,055$778$455
26 years$2,352$1,771$1,315$965$700$399
27 years$2,241$1,667$1,221$883$631$350
28 years$2,137$1,571$1,135$809$570$308
29 years$2,041$1,482$1,056$742$515$270
30 years$1,952$1,399$984$681$465$238
31 years$1,869$1,323$917$625$420$209
32 years$1,791$1,252$856$575$380$184
33 years$1,717$1,185$799$528$344$162
34 years$1,649$1,124$747$486$312$142
35 years$1,584$1,066$698$448$282$125
36 years$1,523$1,011$653$412$256$110
37 years$1,466$961$611$380$232$97
38 years$1,411$913$572$350$210$86
39 years$1,360$868$536$323$190$75
40 years$1,311$826$503$298$173$66
41 years$1,265$786$471$275$157$59
42 years$1,221$749$442$254$142$52
43 years$1,179$713$415$234$129$46
44 years$1,139$680$389$216$117$40
45 years$1,102$649$366$200$106$35
46 years$1,065$619$343$184$97$31
47 years$1,031$590$323$170$88$27
48 years$998$564$303$157$80$24
49 years$966$538$285$145$72$21
50 years$936$514$268$134$66$19

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $959,000, adding $3,345 every year, while hoping to spend $42,139 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: 39/33/28 Blend
34$959,000$959,000$959,000$959,000
35$1,060,268$1,009,441$994,577$1,092,706
36$1,123,580$1,014,068$983,060$1,121,339
37$1,191,937$1,017,510$969,744$1,148,148
38$1,265,810$1,019,663$954,526$1,176,334
39$1,345,716$1,020,419$937,295$1,206,049
40$1,432,221$1,019,662$917,937$1,237,465
41$1,525,951$1,017,270$896,332$1,270,773
42$1,627,593$1,013,110$872,353$1,306,185
43$1,737,901$1,007,046$845,871$1,343,941
44$1,857,705$998,930$816,746$1,384,308
45$1,987,920$988,606$784,835$1,427,582
46$2,129,549$975,909$749,989$1,474,094
47$2,283,699$960,664$712,049$1,524,214
48$2,451,585$942,686$670,852$1,578,353
49$2,634,547$921,777$626,225$1,636,968
50$2,834,057$897,731$577,990$1,700,569
51$3,051,737$870,326$525,959$1,769,722
52$3,289,371$839,329$469,936$1,845,057
53$3,548,924$804,493$409,716$1,927,274
54$3,832,559$765,558$345,086$2,017,150
55$4,142,656$722,247$275,823$2,115,549
56$4,481,838$674,267$201,693$2,223,428
57$4,852,990$621,311$122,454$2,341,851
58$5,259,290$563,051$37,852$2,471,998
59$5,704,239$499,141$0$2,615,176
60$6,191,690$429,218$0$2,788,501
61$6,725,889$352,896$0$2,991,002
62$7,311,509$269,767$0$3,213,226
63$7,953,699$179,402$0$3,457,236
64$8,658,129$81,346$0$3,725,311
65$9,431,046$0$0$4,019,969
66$10,279,329$0$0$4,353,025
67$11,210,555$0$0$4,751,206
68$12,233,073$0$0$5,188,557
69$13,356,077$0$0$5,669,029
70$14,589,698$0$0$6,196,973
71$15,945,093$0$0$6,777,184
72$17,434,558$0$0$7,414,941
73$19,071,634$0$0$8,116,064
74$20,871,243$0$0$8,886,963
75$22,849,822$0$0$9,734,700
76$25,025,482$0$0$10,667,055
77$27,418,177$0$0$11,692,603
78$30,049,889$0$0$12,820,788
79$32,944,840$0$0$14,062,018
80$36,129,717$0$0$15,427,758
81$39,633,924$0$0$16,930,644
82$43,489,857$0$0$18,584,595
83$47,733,213$0$0$20,404,951
84$52,403,325$0$0$22,408,612
85$57,543,530$0$0$24,614,200
86$63,201,580$0$0$27,042,236
87$69,430,092$0$0$29,715,329
88$76,287,044$0$0$32,658,393
89$83,836,320$0$0$35,898,882
90$92,148,315$0$0$39,467,043
91$101,300,595$0$0$43,396,212
92$111,378,631$0$0$47,723,116
93$122,476,606$0$0$52,488,231
94$134,698,302$0$0$57,736,153
95$148,158,077$0$0$63,516,029
96$162,981,946$0$0$69,882,012
97$179,308,769$0$0$76,893,777
98$197,291,563$0$0$84,617,081
99$217,098,940$0$0$93,124,387
100$238,916,705$0$0$102,495,543