Can I retire at age 35 with 920,000?

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 $920,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.3%
1 years$75,973$75,296$74,636$73,991$73,362$71,764
2 years$37,610$36,910$36,231$35,573$34,934$33,332
3 years$24,824$24,121$23,444$22,792$22,164$20,607
4 years$18,433$17,731$17,061$16,420$15,807$14,309
5 years$14,599$13,902$13,240$12,612$12,017$10,581
6 years$12,044$11,352$10,700$10,086$9,508$8,136
7 years$10,219$9,533$8,892$8,292$7,733$6,425
8 years$8,852$8,172$7,541$6,956$6,415$5,171
9 years$7,788$7,115$6,495$5,925$5,402$4,221
10 years$6,938$6,271$5,662$5,108$4,603$3,483
11 years$6,243$5,583$4,985$4,445$3,959$2,899
12 years$5,664$5,011$4,424$3,899$3,431$2,429
13 years$5,175$4,529$3,953$3,442$2,992$2,047
14 years$4,756$4,116$3,552$3,056$2,622$1,732
15 years$4,393$3,760$3,207$2,725$2,309$1,472
16 years$4,076$3,450$2,907$2,440$2,041$1,254
17 years$3,796$3,177$2,645$2,192$1,809$1,071
18 years$3,548$2,936$2,415$1,976$1,609$917
19 years$3,326$2,721$2,211$1,785$1,434$787
20 years$3,127$2,529$2,029$1,617$1,281$676
21 years$2,947$2,355$1,866$1,467$1,146$582
22 years$2,783$2,199$1,720$1,334$1,027$501
23 years$2,634$2,056$1,588$1,215$922$432
24 years$2,497$1,927$1,469$1,108$829$373
25 years$2,372$1,808$1,360$1,012$746$322
26 years$2,256$1,699$1,262$925$672$278
27 years$2,150$1,599$1,172$847$606$240
28 years$2,050$1,507$1,089$776$547$208
29 years$1,958$1,422$1,014$712$494$180
30 years$1,873$1,343$944$653$446$156
31 years$1,793$1,269$880$600$403$135
32 years$1,718$1,201$821$551$365$117
33 years$1,648$1,137$767$507$330$101
34 years$1,582$1,078$716$466$299$87
35 years$1,520$1,022$670$429$271$76
36 years$1,461$970$627$395$245$66
37 years$1,406$922$586$364$222$57
38 years$1,354$876$549$336$202$49
39 years$1,305$833$515$310$183$43
40 years$1,258$792$482$286$166$37
41 years$1,213$754$452$264$150$32
42 years$1,171$718$424$243$136$28
43 years$1,131$684$398$224$124$24
44 years$1,093$652$374$207$112$21
45 years$1,057$622$351$191$102$18
46 years$1,022$593$330$177$93$16
47 years$989$566$310$163$84$14
48 years$957$541$291$151$76$12
49 years$927$516$273$140$69$10
50 years$898$493$257$129$63$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $920,000, adding $5,664 every year, while hoping to spend $44,877 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: 31/40/29 Blend
34$920,000$920,000$920,000$920,000
35$1,019,682$970,922$956,662$1,042,113
36$1,075,941$970,749$940,962$1,059,819
37$1,136,434$969,063$923,231$1,074,555
38$1,201,546$965,742$903,355$1,089,543
39$1,271,699$960,659$881,213$1,104,836
40$1,347,357$953,676$856,678$1,120,500
41$1,429,030$944,648$829,619$1,136,606
42$1,517,276$933,421$799,896$1,153,241
43$1,612,712$919,833$767,367$1,170,503
44$1,716,014$903,709$731,878$1,188,505
45$1,827,924$884,868$693,274$1,207,377
46$1,949,262$863,116$651,387$1,227,268
47$2,080,924$838,247$606,047$1,248,347
48$2,223,901$810,043$557,072$1,270,807
49$2,379,279$778,275$504,274$1,294,866
50$2,548,254$742,700$447,456$1,320,772
51$2,732,144$703,059$386,413$1,348,805
52$2,932,394$659,081$320,930$1,379,282
53$3,150,600$610,478$250,783$1,412,558
54$3,388,515$556,945$175,737$1,449,035
55$3,648,069$498,160$95,549$1,489,164
56$3,931,385$433,784$9,964$1,533,452
57$4,240,803$363,456$0$1,582,467
58$4,578,897$286,797$0$1,662,026
59$4,948,500$203,406$0$1,752,588
60$5,352,734$112,860$0$1,851,956
61$5,795,033$14,710$0$1,961,115
62$6,279,181$0$0$2,081,158
63$6,809,344$0$0$2,253,579
64$7,390,108$0$0$2,449,692
65$8,026,525$0$0$2,664,745
66$8,724,160$0$0$2,900,637
67$9,489,140$0$0$3,159,458
68$10,328,214$0$0$3,443,513
69$11,248,815$0$0$3,755,337
70$12,259,133$0$0$4,097,726
71$13,368,185$0$0$4,473,758
72$14,585,907$0$0$4,886,824
73$15,923,243$0$0$5,340,661
74$17,392,249$0$0$5,839,383
75$19,006,206$0$0$6,387,525
76$20,779,745$0$0$6,990,082
77$22,728,985$0$0$7,652,557
78$24,871,682$0$0$8,381,014
79$27,227,402$0$0$9,182,132
80$29,817,697$0$0$10,063,271
81$32,666,315$0$0$11,032,540
82$35,799,420$0$0$12,098,873
83$39,245,837$0$0$13,272,113
84$43,037,327$0$0$14,563,108
85$47,208,884$0$0$15,983,807
86$51,799,065$0$0$17,547,379
87$56,850,353$0$0$19,268,331
88$62,409,558$0$0$21,162,651
89$68,528,256$0$0$23,247,953
90$75,263,279$0$0$25,543,647
91$82,677,246$0$0$28,071,121
92$90,839,156$0$0$30,853,941
93$99,825,040$0$0$33,918,074
94$109,718,673$0$0$37,292,136
95$120,612,368$0$0$41,007,657
96$132,607,845$0$0$45,099,380
97$145,817,191$0$0$49,605,590
98$160,363,915$0$0$54,568,475
99$176,384,117$0$0$60,034,522
100$194,027,766$0$0$66,054,958