Can I retire at age 35 with 931,000?

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 $931,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.1%
1 years$76,881$76,196$75,528$74,876$74,239$72,681
2 years$38,060$37,351$36,664$35,998$35,352$33,789
3 years$25,121$24,409$23,724$23,064$22,429$20,911
4 years$18,653$17,943$17,265$16,617$15,996$14,534
5 years$14,773$14,068$13,398$12,763$12,160$10,758
6 years$12,188$11,487$10,828$10,207$9,622$8,282
7 years$10,341$9,647$8,998$8,392$7,825$6,547
8 years$8,957$8,269$7,631$7,039$6,492$5,275
9 years$7,882$7,200$6,573$5,996$5,467$4,311
10 years$7,021$6,346$5,730$5,169$4,658$3,562
11 years$6,318$5,650$5,045$4,498$4,006$2,969
12 years$5,732$5,071$4,477$3,946$3,472$2,491
13 years$5,237$4,583$4,000$3,483$3,027$2,101
14 years$4,813$4,166$3,594$3,092$2,654$1,781
15 years$4,446$3,805$3,245$2,758$2,337$1,515
16 years$4,125$3,491$2,942$2,469$2,065$1,293
17 years$3,842$3,215$2,677$2,219$1,831$1,106
18 years$3,591$2,971$2,444$1,999$1,628$949
19 years$3,366$2,754$2,237$1,807$1,451$815
20 years$3,164$2,559$2,053$1,636$1,296$701
21 years$2,982$2,383$1,889$1,485$1,160$604
22 years$2,816$2,225$1,741$1,350$1,040$521
23 years$2,665$2,081$1,607$1,230$933$450
24 years$2,527$1,950$1,486$1,121$839$389
25 years$2,400$1,830$1,377$1,024$755$336
26 years$2,283$1,720$1,277$936$680$291
27 years$2,175$1,618$1,186$857$613$252
28 years$2,075$1,525$1,102$785$553$218
29 years$1,982$1,439$1,026$720$499$189
30 years$1,895$1,359$955$661$451$164
31 years$1,814$1,284$891$607$408$142
32 years$1,738$1,215$831$558$369$123
33 years$1,667$1,151$776$513$334$107
34 years$1,601$1,091$725$472$302$93
35 years$1,538$1,035$678$435$274$81
36 years$1,479$982$634$400$248$70
37 years$1,423$933$593$369$225$61
38 years$1,370$886$556$340$204$53
39 years$1,320$843$521$313$185$46
40 years$1,273$802$488$289$168$40
41 years$1,228$763$458$267$152$34
42 years$1,185$727$429$246$138$30
43 years$1,145$693$403$227$125$26
44 years$1,106$660$378$210$114$23
45 years$1,069$630$355$194$103$20
46 years$1,034$601$333$179$94$17
47 years$1,001$573$313$165$85$15
48 years$969$547$294$153$77$13
49 years$938$522$277$141$70$11
50 years$909$499$260$130$64$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $931,000, adding $6,986 every year, while hoping to spend $54,015 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: 51/19/30 Blend
34$931,000$931,000$931,000$931,000
35$1,033,168$983,825$969,395$1,076,794
36$1,081,080$974,561$944,398$1,098,741
37$1,132,068$963,033$916,753$1,116,658
38$1,186,390$949,072$886,315$1,135,101
39$1,244,326$932,501$852,931$1,154,146
40$1,306,185$913,131$816,442$1,173,880
41$1,372,304$890,763$776,681$1,194,400
42$1,443,053$865,184$733,474$1,215,819
43$1,518,838$836,172$686,639$1,238,264
44$1,600,103$803,488$635,986$1,261,878
45$1,687,338$766,883$581,315$1,286,825
46$1,781,077$726,092$522,420$1,313,289
47$1,881,910$680,832$459,083$1,341,476
48$1,990,480$630,809$391,078$1,371,622
49$2,107,498$575,708$318,169$1,403,988
50$2,233,743$515,197$240,107$1,438,870
51$2,370,070$448,927$156,636$1,476,600
52$2,517,420$376,527$67,486$1,517,548
53$2,676,825$297,606$0$1,562,131
54$2,849,423$211,750$0$1,619,665
55$3,036,463$118,524$0$1,705,449
56$3,239,316$17,466$0$1,798,536
57$3,459,495$0$0$1,899,678
58$3,698,659$0$0$2,028,920
59$3,958,637$0$0$2,173,464
60$4,241,437$0$0$2,330,786
61$4,549,273$0$0$2,502,126
62$4,884,577$0$0$2,688,852
63$5,250,027$0$0$2,892,466
64$5,648,570$0$0$3,114,624
65$6,083,451$0$0$3,357,146
66$6,558,239$0$0$3,622,038
67$7,076,866$0$0$3,911,506
68$7,643,657$0$0$4,227,980
69$8,263,378$0$0$4,574,136
70$8,941,272$0$0$4,952,920
71$9,683,114$0$0$5,367,574
72$10,495,264$0$0$5,821,671
73$11,384,724$0$0$6,319,144
74$12,359,206$0$0$6,864,324
75$13,427,203$0$0$7,461,983
76$14,598,066$0$0$8,117,374
77$15,882,098$0$0$8,836,284
78$17,290,645$0$0$9,625,088
79$18,836,204$0$0$10,490,806
80$20,532,540$0$0$11,441,172
81$22,394,816$0$0$12,484,705
82$24,439,735$0$0$13,630,789
83$26,685,697$0$0$14,889,761
84$29,152,969$0$0$16,273,012
85$31,863,880$0$0$17,793,085
86$34,843,030$0$0$19,463,802
87$38,117,518$0$0$21,300,392
88$41,717,200$0$0$23,319,629
89$45,674,967$0$0$25,539,995
90$50,027,059$0$0$27,981,855
91$54,813,401$0$0$30,667,643
92$60,077,983$0$0$33,622,078
93$65,869,272$0$0$36,872,395
94$72,240,667$0$0$40,448,602
95$79,251,005$0$0$44,383,761
96$86,965,114$0$0$48,714,303
97$95,454,423$0$0$53,480,366
98$104,797,636$0$0$58,726,181
99$115,081,473$0$0$64,500,479
100$126,401,487$0$0$70,856,958