Can I retire at age 35 with 914,000?

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 $914,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.6%
1 years$75,477$74,805$74,149$73,509$72,884$70,354
2 years$37,365$36,669$35,995$35,341$34,706$32,184
3 years$24,663$23,964$23,291$22,643$22,019$19,583
4 years$18,313$17,616$16,950$16,313$15,704$13,373
5 years$14,504$13,811$13,154$12,530$11,938$9,718
6 years$11,965$11,278$10,630$10,020$9,446$7,339
7 years$10,153$9,471$8,834$8,238$7,682$5,688
8 years$8,794$8,118$7,492$6,911$6,373$4,490
9 years$7,738$7,069$6,453$5,887$5,367$3,592
10 years$6,893$6,231$5,626$5,074$4,573$2,904
11 years$6,203$5,547$4,953$4,416$3,933$2,366
12 years$5,628$4,978$4,395$3,874$3,408$1,940
13 years$5,141$4,499$3,927$3,420$2,972$1,599
14 years$4,725$4,090$3,528$3,036$2,605$1,323
15 years$4,365$3,736$3,186$2,707$2,294$1,098
16 years$4,049$3,428$2,888$2,424$2,027$914
17 years$3,772$3,157$2,628$2,178$1,798$762
18 years$3,525$2,917$2,399$1,963$1,598$637
19 years$3,305$2,703$2,196$1,774$1,425$533
20 years$3,106$2,512$2,016$1,606$1,273$446
21 years$2,927$2,340$1,854$1,458$1,139$374
22 years$2,765$2,184$1,709$1,326$1,021$314
23 years$2,617$2,043$1,578$1,207$916$264
24 years$2,481$1,914$1,459$1,101$824$222
25 years$2,356$1,796$1,351$1,006$741$187
26 years$2,242$1,688$1,253$919$668$157
27 years$2,135$1,589$1,164$842$602$132
28 years$2,037$1,497$1,082$771$543$111
29 years$1,946$1,412$1,007$707$490$94
30 years$1,861$1,334$938$649$443$79
31 years$1,781$1,261$874$596$401$66
32 years$1,707$1,193$816$548$362$56
33 years$1,637$1,130$762$504$328$47
34 years$1,571$1,071$712$463$297$40
35 years$1,510$1,016$665$427$269$33
36 years$1,452$964$622$393$244$28
37 years$1,397$916$583$362$221$24
38 years$1,345$870$546$334$200$20
39 years$1,296$827$511$308$182$17
40 years$1,250$787$479$284$165$14
41 years$1,206$749$449$262$149$12
42 years$1,164$714$421$242$136$10
43 years$1,124$680$395$223$123$9
44 years$1,086$648$371$206$112$7
45 years$1,050$618$349$190$101$6
46 years$1,015$590$327$176$92$5
47 years$983$563$308$162$84$4
48 years$951$537$289$150$76$4
49 years$921$513$272$139$69$3
50 years$892$490$255$128$63$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $914,000, adding $5,821 every year, while hoping to spend $41,163 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: 38/37/25 Blend
34$914,000$914,000$914,000$914,000
35$1,013,232$964,790$950,623$1,043,991
36$1,072,785$968,268$938,672$1,070,441
37$1,137,032$970,536$924,941$1,094,768
38$1,206,410$971,493$909,327$1,120,250
39$1,281,396$971,028$891,721$1,147,018
40$1,362,516$969,027$872,012$1,175,218
41$1,450,350$965,366$850,081$1,205,013
42$1,545,531$959,914$825,804$1,236,588
43$1,648,758$952,533$799,052$1,270,147
44$1,760,801$943,077$769,690$1,305,921
45$1,882,504$931,389$737,576$1,344,167
46$2,014,797$917,304$702,562$1,385,172
47$2,158,702$900,649$664,494$1,429,256
48$2,315,346$881,236$623,210$1,476,778
49$2,485,965$858,871$578,542$1,528,135
50$2,671,923$833,345$530,313$1,583,773
51$2,874,719$804,438$478,338$1,644,186
52$3,096,003$771,919$422,425$1,709,926
53$3,337,592$735,540$362,373$1,781,606
54$3,601,486$695,041$297,972$1,859,908
55$3,889,886$650,146$229,002$1,945,591
56$4,205,216$600,565$155,235$2,039,497
57$4,550,144$545,988$76,432$2,142,563
58$4,927,609$486,092$0$2,255,829
59$5,340,845$420,531$0$2,382,493
60$5,793,417$348,942$0$2,543,682
61$6,289,246$270,941$0$2,720,480
62$6,832,655$186,122$0$2,914,539
63$7,428,401$94,058$0$3,127,684
64$8,081,726$0$0$3,361,934
65$8,798,402$0$0$3,621,843
66$9,584,788$0$0$3,949,178
67$10,447,887$0$0$4,308,577
68$11,395,414$0$0$4,703,266
69$12,435,867$0$0$5,136,803
70$13,578,607$0$0$5,613,105
71$14,833,946$0$0$6,136,489
72$16,213,245$0$0$6,711,710
73$17,729,019$0$0$7,344,006
74$19,395,055$0$0$8,039,149
75$21,226,545$0$0$8,803,498
76$23,240,221$0$0$9,644,057
77$25,454,523$0$0$10,568,546
78$27,889,762$0$0$11,585,467
79$30,568,321$0$0$12,704,190
80$33,514,858$0$0$13,935,039
81$36,756,542$0$0$15,289,388
82$40,323,307$0$0$16,779,768
83$44,248,136$0$0$18,419,990
84$48,567,372$0$0$20,225,269
85$53,321,056$0$0$22,212,368
86$58,553,309$0$0$24,399,761
87$64,312,749$0$0$26,807,803
88$70,652,941$0$0$29,458,923
89$77,632,912$0$0$32,377,833
90$85,317,702$0$0$35,591,766
91$93,778,976$0$0$39,130,729
92$103,095,705$0$0$43,027,788
93$113,354,906$0$0$47,319,376
94$124,652,463$0$0$52,045,644
95$137,094,034$0$0$57,250,831
96$150,796,047$0$0$62,983,688
97$165,886,796$0$0$69,297,935
98$182,507,652$0$0$76,252,766
99$200,814,398$0$0$83,913,414
100$220,978,697$0$0$92,351,758