Can I retire at age 35 with 908,000?

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 $908,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.4%
1 years$74,982$74,314$73,662$73,026$72,405$71,089
2 years$37,120$36,428$35,758$35,109$34,479$33,157
3 years$24,501$23,806$23,138$22,495$21,875$20,589
4 years$18,192$17,500$16,839$16,206$15,601$14,362
5 years$14,408$13,720$13,067$12,448$11,860$10,670
6 years$11,887$11,204$10,560$9,955$9,384$8,245
7 years$10,086$9,409$8,776$8,184$7,632$6,544
8 years$8,736$8,065$7,443$6,866$6,331$5,294
9 years$7,687$7,022$6,410$5,848$5,332$4,345
10 years$6,848$6,190$5,589$5,041$4,543$3,605
11 years$6,162$5,510$4,920$4,387$3,907$3,018
12 years$5,591$4,946$4,366$3,848$3,386$2,543
13 years$5,108$4,470$3,901$3,397$2,953$2,156
14 years$4,694$4,063$3,505$3,016$2,588$1,836
15 years$4,336$3,711$3,165$2,690$2,279$1,569
16 years$4,023$3,405$2,869$2,408$2,014$1,346
17 years$3,747$3,136$2,611$2,164$1,786$1,157
18 years$3,502$2,898$2,383$1,950$1,588$997
19 years$3,283$2,686$2,182$1,762$1,415$861
20 years$3,086$2,496$2,002$1,596$1,264$745
21 years$2,908$2,325$1,842$1,448$1,131$645
22 years$2,747$2,170$1,698$1,317$1,014$560
23 years$2,599$2,029$1,567$1,199$910$486
24 years$2,465$1,901$1,450$1,094$818$422
25 years$2,341$1,784$1,343$999$736$367
26 years$2,227$1,677$1,245$913$663$319
27 years$2,121$1,578$1,156$836$598$278
28 years$2,024$1,487$1,075$766$539$242
29 years$1,933$1,403$1,000$702$487$211
30 years$1,848$1,325$932$645$440$184
31 years$1,769$1,253$869$592$398$161
32 years$1,695$1,185$810$544$360$140
33 years$1,626$1,122$757$500$326$122
34 years$1,561$1,064$707$460$295$107
35 years$1,500$1,009$661$424$267$93
36 years$1,442$958$618$390$242$81
37 years$1,388$910$579$360$219$71
38 years$1,336$864$542$331$199$62
39 years$1,288$822$508$306$180$54
40 years$1,241$782$476$282$164$47
41 years$1,198$744$446$260$148$41
42 years$1,156$709$419$240$135$36
43 years$1,116$676$393$222$122$32
44 years$1,079$644$369$205$111$28
45 years$1,043$614$346$189$101$24
46 years$1,009$586$325$175$91$21
47 years$976$559$306$161$83$18
48 years$945$534$287$149$75$16
49 years$915$510$270$138$68$14
50 years$887$487$254$127$62$12

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $908,000, adding $3,933 every year, while hoping to spend $56,463 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: 48/30/22 Blend
34$908,000$908,000$908,000$908,000
35$1,004,673$956,549$942,475$1,046,460
36$1,047,073$943,344$913,972$1,062,807
37$1,091,906$927,599$882,621$1,074,573
38$1,139,360$909,131$848,268$1,086,190
39$1,189,641$887,744$810,751$1,097,669
40$1,242,973$863,232$769,900$1,109,025
41$1,299,603$835,377$725,539$1,120,280
42$1,359,799$803,948$677,481$1,131,460
43$1,423,856$768,698$625,534$1,142,602
44$1,492,095$729,371$569,495$1,153,747
45$1,564,870$685,691$509,154$1,164,948
46$1,642,566$637,369$444,290$1,176,269
47$1,725,606$584,098$374,672$1,187,784
48$1,814,455$525,556$300,061$1,199,582
49$1,909,620$461,399$220,204$1,211,769
50$2,011,661$391,267$134,840$1,224,465
51$2,121,188$314,777$43,694$1,237,813
52$2,238,873$231,525$0$1,251,976
53$2,365,454$141,086$0$1,279,717
54$2,501,740$43,009$0$1,320,441
55$2,648,620$0$0$1,364,200
56$2,807,071$0$0$1,432,209
57$2,978,165$0$0$1,521,053
58$3,163,080$0$0$1,617,156
59$3,363,113$0$0$1,721,202
60$3,579,688$0$0$1,833,942
61$3,814,369$0$0$1,956,203
62$4,068,879$0$0$2,088,893
63$4,345,110$0$0$2,233,012
64$4,645,145$0$0$2,389,659
65$4,971,274$0$0$2,560,044
66$5,326,016$0$0$2,745,497
67$5,712,143$0$0$2,947,483
68$6,132,706$0$0$3,167,612
69$6,591,061$0$0$3,407,659
70$7,090,902$0$0$3,669,574
71$7,636,295$0$0$3,955,506
72$8,231,714$0$0$4,267,820
73$8,882,087$0$0$4,609,119
74$9,592,836$0$0$4,982,268
75$10,369,932$0$0$5,390,424
76$11,219,948$0$0$5,837,061
77$12,150,122$0$0$6,326,004
78$13,168,426$0$0$6,861,466
79$14,283,634$0$0$7,448,088
80$15,505,413$0$0$8,090,977
81$16,844,406$0$0$8,795,762
82$18,312,336$0$0$9,568,639
83$19,922,113$0$0$10,416,434
84$21,687,957$0$0$11,346,666
85$23,625,533$0$0$12,367,616
86$25,752,091$0$0$13,488,406
87$28,086,636$0$0$14,719,084
88$30,650,101$0$0$16,070,719
89$33,465,546$0$0$17,555,505
90$36,558,375$0$0$19,186,875
91$39,956,571$0$0$20,979,628
92$43,690,964$0$0$22,950,065
93$47,795,519$0$0$25,116,148
94$52,307,652$0$0$27,497,664
95$57,268,589$0$0$30,116,415
96$62,723,746$0$0$32,996,418
97$68,723,162$0$0$36,164,139
98$75,321,969$0$0$39,648,732
99$82,580,909$0$0$43,482,324
100$90,566,908$0$0$47,700,308