Can I retire at age 35 with 918,000?

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 $918,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.3%
1 years$75,808$75,132$74,474$73,830$73,203$72,802
2 years$37,529$36,830$36,152$35,495$34,858$34,454
3 years$24,770$24,069$23,393$22,742$22,116$21,721
4 years$18,393$17,693$17,024$16,385$15,773$15,390
5 years$14,567$13,871$13,211$12,585$11,990$11,620
6 years$12,017$11,327$10,677$10,064$9,488$9,131
7 years$10,197$9,512$8,872$8,274$7,716$7,373
8 years$8,832$8,154$7,525$6,941$6,401$6,072
9 years$7,771$7,099$6,481$5,912$5,391$5,075
10 years$6,923$6,258$5,650$5,096$4,593$4,291
11 years$6,230$5,571$4,974$4,435$3,950$3,662
12 years$5,652$5,000$4,415$3,890$3,423$3,148
13 years$5,164$4,519$3,944$3,435$2,985$2,722
14 years$4,746$4,107$3,544$3,049$2,617$2,366
15 years$4,384$3,752$3,200$2,719$2,304$2,066
16 years$4,067$3,443$2,901$2,435$2,036$1,810
17 years$3,788$3,170$2,640$2,188$1,805$1,591
18 years$3,540$2,930$2,410$1,971$1,605$1,402
19 years$3,319$2,715$2,206$1,781$1,431$1,238
20 years$3,120$2,523$2,025$1,613$1,278$1,096
21 years$2,940$2,350$1,862$1,464$1,144$971
22 years$2,777$2,194$1,716$1,331$1,025$862
23 years$2,628$2,052$1,585$1,212$920$767
24 years$2,492$1,922$1,466$1,106$827$682
25 years$2,367$1,804$1,357$1,010$744$608
26 years$2,251$1,696$1,259$923$670$542
27 years$2,145$1,596$1,169$845$604$484
28 years$2,046$1,504$1,087$774$545$432
29 years$1,954$1,418$1,011$710$493$386
30 years$1,869$1,340$942$652$445$345
31 years$1,789$1,266$878$599$402$309
32 years$1,714$1,198$819$550$364$277
33 years$1,644$1,135$765$506$329$248
34 years$1,578$1,076$715$465$298$222
35 years$1,516$1,020$668$428$270$199
36 years$1,458$968$625$395$245$178
37 years$1,403$920$585$364$222$160
38 years$1,351$874$548$335$201$143
39 years$1,302$831$513$309$182$128
40 years$1,255$791$481$285$165$115
41 years$1,211$753$451$263$150$103
42 years$1,169$717$423$243$136$93
43 years$1,129$683$397$224$124$83
44 years$1,091$651$373$207$112$75
45 years$1,054$621$350$191$102$67
46 years$1,020$592$329$176$92$60
47 years$987$565$309$163$84$54
48 years$955$539$290$151$76$49
49 years$925$515$273$139$69$44
50 years$896$492$257$129$63$39

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $918,000, adding $5,502 every year, while hoping to spend $36,340 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: 43/43/14 Blend
34$918,000$918,000$918,000$918,000
35$1,017,311$968,657$954,428$1,056,697
36$1,082,412$977,456$947,736$1,093,632
37$1,152,934$985,468$939,602$1,129,572
38$1,229,394$992,616$929,939$1,167,717
39$1,312,356$998,819$918,656$1,208,285
40$1,402,444$1,003,988$905,659$1,251,518
41$1,500,342$1,008,033$890,847$1,297,685
42$1,606,804$1,010,853$874,117$1,347,084
43$1,722,657$1,012,344$855,359$1,400,043
44$1,848,814$1,012,395$834,460$1,456,928
45$1,986,278$1,010,887$811,300$1,518,144
46$2,136,154$1,007,696$785,753$1,584,141
47$2,299,656$1,002,687$757,690$1,655,414
48$2,478,122$995,720$726,974$1,732,514
49$2,673,024$986,645$693,462$1,816,051
50$2,885,984$975,301$657,004$1,906,699
51$3,118,785$961,522$617,444$2,005,206
52$3,373,393$945,128$574,620$2,112,398
53$3,651,970$925,931$528,361$2,229,192
54$3,956,899$903,729$478,489$2,356,598
55$4,290,802$878,311$424,817$2,495,738
56$4,656,567$849,451$367,152$2,647,851
57$5,057,375$816,913$305,291$2,814,308
58$5,496,730$780,445$239,020$2,996,625
59$5,978,490$739,779$168,121$3,196,478
60$6,506,903$694,636$92,360$3,415,721
61$7,086,651$644,717$11,498$3,656,401
62$7,722,888$589,707$0$3,920,785
63$8,421,293$529,273$0$4,222,547
64$9,188,122$463,065$0$4,555,841
65$10,030,265$390,709$0$4,922,044
66$10,955,313$311,815$0$5,324,575
67$11,971,628$225,966$0$5,767,210
68$13,088,420$132,725$0$6,254,117
69$14,315,840$31,630$0$6,789,894
70$15,665,068$0$0$7,379,620
71$17,148,420$0$0$8,065,716
72$18,779,468$0$0$8,836,707
73$20,573,164$0$0$9,684,710
74$22,545,979$0$0$10,617,529
75$24,716,063$0$0$11,643,763
76$27,103,413$0$0$12,772,885
77$29,730,062$0$0$14,015,333
78$32,620,286$0$0$15,382,609
79$35,800,831$0$0$16,887,385
80$39,301,170$0$0$18,543,624
81$43,153,777$0$0$20,366,711
82$47,394,431$0$0$22,373,601
83$52,062,561$0$0$24,582,972
84$57,201,607$0$0$27,015,407
85$62,859,438$0$0$29,693,587
86$69,088,802$0$0$32,642,505
87$75,947,818$0$0$35,889,697
88$83,500,530$0$0$39,465,508
89$91,817,509$0$0$43,403,377
90$100,976,518$0$0$47,740,149
91$111,063,244$0$0$52,516,425
92$122,172,111$0$0$57,776,945
93$134,407,166$0$0$63,571,009
94$147,883,061$0$0$69,952,942
95$162,726,139$0$0$76,982,611
96$179,075,618$0$0$84,725,981
97$197,084,915$0$0$93,255,746
98$216,923,082$0$0$102,652,011
99$238,776,411$0$0$113,003,046
100$262,850,185$0$0$124,406,123