Can I retire at age 35 with 928,000?

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 $928,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.2%
1 years$76,633$75,951$75,285$74,635$74,000$71,545
2 years$37,937$37,231$36,546$35,882$35,238$32,789
3 years$25,040$24,331$23,648$22,990$22,357$19,990
4 years$18,593$17,886$17,209$16,563$15,945$13,678
5 years$14,726$14,023$13,355$12,722$12,121$9,961
6 years$12,148$11,450$10,793$10,174$9,591$7,539
7 years$10,308$9,616$8,969$8,364$7,800$5,856
8 years$8,929$8,243$7,606$7,017$6,471$4,634
9 years$7,856$7,177$6,551$5,977$5,449$3,717
10 years$6,999$6,326$5,712$5,152$4,643$3,012
11 years$6,298$5,632$5,028$4,484$3,993$2,461
12 years$5,714$5,055$4,463$3,933$3,460$2,023
13 years$5,220$4,568$3,987$3,472$3,018$1,671
14 years$4,797$4,152$3,582$3,082$2,645$1,387
15 years$4,431$3,793$3,234$2,749$2,329$1,154
16 years$4,111$3,480$2,933$2,461$2,058$963
17 years$3,829$3,205$2,668$2,211$1,825$806
18 years$3,579$2,962$2,436$1,993$1,623$675
19 years$3,355$2,745$2,230$1,801$1,446$567
20 years$3,154$2,551$2,047$1,631$1,292$476
21 years$2,972$2,376$1,882$1,480$1,156$401
22 years$2,807$2,218$1,735$1,346$1,036$337
23 years$2,657$2,074$1,602$1,226$930$284
24 years$2,519$1,943$1,482$1,118$836$240
25 years$2,393$1,824$1,372$1,021$752$202
26 years$2,276$1,714$1,273$933$678$171
27 years$2,168$1,613$1,182$854$611$144
28 years$2,068$1,520$1,099$783$551$122
29 years$1,975$1,434$1,022$718$498$103
30 years$1,889$1,354$952$659$450$87
31 years$1,808$1,280$888$605$407$73
32 years$1,733$1,211$828$556$368$62
33 years$1,662$1,147$773$511$333$52
34 years$1,595$1,087$723$471$301$44
35 years$1,533$1,031$676$433$273$38
36 years$1,474$979$632$399$247$32
37 years$1,418$930$592$368$224$27
38 years$1,366$883$554$339$203$23
39 years$1,316$840$519$312$184$19
40 years$1,269$799$486$288$167$16
41 years$1,224$761$456$266$152$14
42 years$1,181$725$428$245$138$12
43 years$1,141$690$402$226$125$10
44 years$1,103$658$377$209$113$8
45 years$1,066$628$354$193$103$7
46 years$1,031$599$332$178$93$6
47 years$998$571$312$165$85$5
48 years$966$545$293$152$77$4
49 years$935$521$276$141$70$4
50 years$906$497$259$130$64$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $928,000, adding $6,309 every year, while hoping to spend $50,560 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: 42/33/25 Blend
34$928,000$928,000$928,000$928,000
35$1,029,164$979,980$965,596$1,064,625
36$1,080,343$974,203$944,148$1,084,835
37$1,135,048$966,449$920,287$1,101,420
38$1,193,585$956,567$893,878$1,118,387
39$1,256,290$944,398$864,782$1,135,800
40$1,323,530$929,773$832,852$1,153,734
41$1,395,711$912,513$797,933$1,172,275
42$1,473,276$892,428$759,866$1,191,520
43$1,556,711$869,318$718,483$1,211,582
44$1,646,551$842,970$673,607$1,232,590
45$1,743,383$813,159$625,057$1,254,690
46$1,847,852$779,648$572,640$1,278,050
47$1,960,666$742,183$516,156$1,302,857
48$2,082,603$700,500$455,397$1,329,327
49$2,214,520$654,315$390,144$1,357,701
50$2,357,355$603,331$320,168$1,388,253
51$2,512,144$547,233$245,233$1,421,291
52$2,680,024$485,688$165,088$1,457,162
53$2,862,243$418,344$79,476$1,496,255
54$3,060,178$344,829$0$1,539,009
55$3,275,341$264,751$0$1,589,086
56$3,509,396$177,693$0$1,666,696
57$3,764,173$83,219$0$1,751,312
58$4,041,688$0$0$1,843,704
59$4,344,156$0$0$1,951,678
60$4,674,019$0$0$2,102,494
61$5,033,959$0$0$2,267,173
62$5,426,935$0$0$2,447,081
63$5,856,198$0$0$2,643,722
64$6,325,332$0$0$2,858,753
65$6,838,278$0$0$3,093,996
66$7,399,380$0$0$3,351,459
67$8,013,418$0$0$3,633,352
68$8,685,655$0$0$3,942,110
69$9,421,889$0$0$4,280,413
70$10,228,503$0$0$4,651,213
71$11,112,528$0$0$5,057,762
72$12,081,705$0$0$5,503,641
73$13,144,564$0$0$5,992,794
74$14,310,495$0$0$6,529,567
75$15,589,845$0$0$7,118,743
76$16,994,009$0$0$7,765,595
77$18,535,538$0$0$8,475,929
78$20,228,259$0$0$9,256,142
79$22,087,404$0$0$10,113,280
80$24,129,752$0$0$11,055,106
81$26,373,786$0$0$12,090,171
82$28,839,869$0$0$13,227,899
83$31,550,436$0$0$14,478,666
84$34,530,201$0$0$15,853,911
85$37,806,394$0$0$17,366,230
86$41,409,012$0$0$19,029,505
87$45,371,108$0$0$20,859,030
88$49,729,097$0$0$22,871,655
89$54,523,099$0$0$25,085,945
90$59,797,322$0$0$27,522,356
91$65,600,470$0$0$30,203,427
92$71,986,210$0$0$33,153,991
93$79,013,672$0$0$36,401,412
94$86,748,009$0$0$39,975,840
95$95,261,008$0$0$43,910,497
96$104,631,772$0$0$48,241,987
97$114,947,459$0$0$53,010,648
98$126,304,108$0$0$58,260,923
99$138,807,543$0$0$64,041,786
100$152,574,373$0$0$70,407,203