Can I retire at age 35 with 901,000?

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 $901,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.5%
1 years$74,404$73,741$73,094$72,463$71,847$69,106
2 years$36,834$36,148$35,483$34,838$34,213$31,483
3 years$24,312$23,623$22,960$22,321$21,706$19,074
4 years$18,052$17,365$16,709$16,081$15,481$12,967
5 years$14,297$13,615$12,967$12,352$11,768$9,378
6 years$11,795$11,117$10,479$9,878$9,312$7,048
7 years$10,008$9,336$8,708$8,121$7,573$5,434
8 years$8,669$8,003$7,385$6,813$6,283$4,266
9 years$7,628$6,968$6,361$5,803$5,291$3,395
10 years$6,795$6,142$5,546$5,002$4,508$2,729
11 years$6,114$5,468$4,882$4,353$3,877$2,210
12 years$5,548$4,908$4,333$3,818$3,360$1,801
13 years$5,068$4,435$3,871$3,371$2,930$1,475
14 years$4,658$4,031$3,478$2,993$2,568$1,213
15 years$4,302$3,683$3,140$2,669$2,261$1,000
16 years$3,992$3,379$2,847$2,390$1,999$827
17 years$3,718$3,112$2,591$2,147$1,772$685
18 years$3,475$2,875$2,365$1,935$1,576$569
19 years$3,258$2,665$2,165$1,748$1,404$473
20 years$3,062$2,476$1,987$1,583$1,254$393
21 years$2,886$2,307$1,828$1,437$1,123$328
22 years$2,726$2,153$1,685$1,307$1,006$273
23 years$2,579$2,014$1,555$1,190$903$228
24 years$2,446$1,887$1,438$1,085$812$190
25 years$2,323$1,771$1,332$991$731$159
26 years$2,210$1,664$1,236$906$658$133
27 years$2,105$1,566$1,147$830$593$111
28 years$2,008$1,476$1,067$760$535$93
29 years$1,918$1,392$993$697$483$77
30 years$1,834$1,315$925$640$437$65
31 years$1,756$1,243$862$587$395$54
32 years$1,682$1,176$804$540$357$45
33 years$1,614$1,114$751$496$323$38
34 years$1,549$1,056$702$457$293$32
35 years$1,488$1,001$656$421$265$26
36 years$1,431$950$614$387$240$22
37 years$1,377$903$574$357$218$19
38 years$1,326$858$538$329$197$15
39 years$1,278$816$504$303$179$13
40 years$1,232$776$472$280$162$11
41 years$1,188$739$443$258$147$9
42 years$1,147$704$415$238$134$8
43 years$1,108$670$390$220$121$6
44 years$1,071$639$366$203$110$5
45 years$1,035$609$344$187$100$4
46 years$1,001$581$323$173$91$4
47 years$969$555$303$160$82$3
48 years$938$530$285$148$75$3
49 years$908$506$268$137$68$2
50 years$880$483$252$126$62$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $901,000, adding $4,507 every year, while hoping to spend $53,391 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: 74/16/10 Blend
34$901,000$901,000$901,000$901,000
35$997,551$949,798$935,832$1,069,212
36$1,042,494$939,530$910,375$1,106,834
37$1,090,231$926,970$882,276$1,140,906
38$1,140,992$911,949$851,389$1,176,747
39$1,195,026$894,288$817,564$1,214,516
40$1,252,608$873,797$780,642$1,254,388
41$1,314,037$850,277$740,457$1,296,557
42$1,379,643$823,514$696,836$1,341,238
43$1,449,785$793,285$649,598$1,388,669
44$1,524,858$759,351$598,555$1,439,111
45$1,605,295$721,461$543,508$1,492,857
46$1,691,572$679,349$484,252$1,550,226
47$1,784,208$632,733$420,570$1,611,575
48$1,883,777$581,316$352,239$1,677,297
49$1,990,905$524,783$279,021$1,747,828
50$2,106,282$462,802$200,674$1,823,648
51$2,230,665$395,022$116,938$1,905,289
52$2,364,886$321,071$27,549$1,993,340
53$2,509,858$240,557$0$2,088,451
54$2,666,585$153,067$0$2,198,582
55$2,836,172$58,162$0$2,320,895
56$3,019,831$0$0$2,453,361
57$3,218,895$0$0$2,604,839
58$3,434,832$0$0$2,780,298
59$3,669,254$0$0$2,970,812
60$3,923,935$0$0$3,177,825
61$4,200,827$0$0$3,402,930
62$4,502,076$0$0$3,647,876
63$4,830,045$0$0$3,914,588
64$5,187,333$0$0$4,205,186
65$5,576,799$0$0$4,522,002
66$6,001,593$0$0$4,867,600
67$6,465,178$0$0$5,244,808
68$6,971,368$0$0$5,656,732
69$7,524,363$0$0$6,106,797
70$8,128,783$0$0$6,598,771
71$8,789,717$0$0$7,136,802
72$9,512,769$0$0$7,725,458
73$10,304,106$0$0$8,369,770
74$11,170,522$0$0$9,075,275
75$12,119,498$0$0$9,848,073
76$13,159,272$0$0$10,694,880
77$14,298,915$0$0$11,623,095
78$15,548,419$0$0$12,640,863
79$16,918,791$0$0$13,757,159
80$18,422,149$0$0$14,981,865
81$20,071,846$0$0$16,325,867
82$21,882,587$0$0$17,801,157
83$23,870,571$0$0$19,420,943
84$26,053,643$0$0$21,199,776
85$28,451,458$0$0$23,153,683
86$31,085,671$0$0$25,300,322
87$33,980,137$0$0$27,659,145
88$37,161,137$0$0$30,251,580
89$40,657,621$0$0$33,101,237
90$44,501,487$0$0$36,234,124
91$48,727,877$0$0$39,678,898
92$53,375,506$0$0$43,467,129
93$58,487,031$0$0$47,633,600
94$64,109,449$0$0$52,216,635
95$70,294,541$0$0$57,258,459
96$77,099,359$0$0$62,805,594
97$84,586,764$0$0$68,909,300
98$92,826,018$0$0$75,626,057
99$101,893,434$0$0$83,018,095
100$111,873,101$0$0$91,153,984