Can I retire at age 35 with 934,000?

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 $934,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.9%
1 years$77,129$76,442$75,772$75,117$74,478$72,678
2 years$38,183$37,471$36,782$36,114$35,466$33,663
3 years$25,202$24,488$23,801$23,139$22,501$20,752
4 years$18,713$18,001$17,321$16,670$16,048$14,366
5 years$14,821$14,113$13,442$12,804$12,199$10,589
6 years$12,227$11,525$10,863$10,240$9,653$8,116
7 years$10,375$9,678$9,027$8,419$7,850$6,387
8 years$8,986$8,296$7,656$7,062$6,513$5,123
9 years$7,907$7,223$6,594$6,015$5,485$4,166
10 years$7,044$6,367$5,749$5,185$4,673$3,425
11 years$6,338$5,668$5,061$4,513$4,019$2,840
12 years$5,751$5,087$4,492$3,958$3,483$2,370
13 years$5,254$4,597$4,013$3,495$3,037$1,989
14 years$4,828$4,179$3,606$3,102$2,662$1,677
15 years$4,460$3,818$3,255$2,767$2,344$1,419
16 years$4,138$3,503$2,951$2,477$2,072$1,204
17 years$3,854$3,226$2,686$2,226$1,837$1,024
18 years$3,602$2,981$2,452$2,006$1,633$873
19 years$3,377$2,763$2,244$1,812$1,456$745
20 years$3,174$2,567$2,060$1,641$1,300$637
21 years$2,991$2,391$1,895$1,490$1,164$546
22 years$2,825$2,232$1,746$1,355$1,043$468
23 years$2,674$2,088$1,612$1,234$936$402
24 years$2,535$1,956$1,491$1,125$842$345
25 years$2,408$1,836$1,381$1,028$757$296
26 years$2,291$1,725$1,281$940$682$255
27 years$2,182$1,624$1,189$860$615$219
28 years$2,082$1,530$1,106$788$555$189
29 years$1,988$1,443$1,029$723$501$162
30 years$1,901$1,363$958$663$453$140
31 years$1,820$1,288$894$609$409$120
32 years$1,744$1,219$834$560$370$104
33 years$1,673$1,155$778$515$335$89
34 years$1,606$1,094$727$474$303$77
35 years$1,543$1,038$680$436$275$66
36 years$1,483$985$636$401$249$57
37 years$1,427$936$595$370$226$49
38 years$1,374$889$558$341$205$43
39 years$1,324$846$522$314$186$37
40 years$1,277$804$490$290$168$32
41 years$1,232$766$459$268$153$27
42 years$1,189$729$431$247$139$24
43 years$1,148$695$404$228$126$20
44 years$1,110$662$379$210$114$18
45 years$1,073$632$356$194$104$15
46 years$1,038$603$335$180$94$13
47 years$1,004$575$314$166$85$11
48 years$972$549$295$153$78$10
49 years$941$524$278$142$70$8
50 years$912$501$261$131$64$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $934,000, adding $3,030 every year, while hoping to spend $50,920 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: 65/21/14 Blend
34$934,000$934,000$934,000$934,000
35$1,032,393$982,891$968,414$1,095,890
36$1,083,519$976,875$946,678$1,132,699
37$1,138,153$968,856$922,506$1,166,708
38$1,196,599$958,685$895,765$1,202,606
39$1,259,191$946,199$866,312$1,240,576
40$1,326,294$931,229$833,999$1,280,821
41$1,398,310$913,592$798,671$1,323,566
42$1,475,678$893,099$760,168$1,369,062
43$1,558,882$869,546$718,318$1,417,584
44$1,648,453$842,718$672,947$1,469,441
45$1,744,972$812,389$623,868$1,524,974
46$1,849,081$778,317$570,889$1,584,559
47$1,961,481$740,249$513,807$1,648,615
48$2,082,946$697,915$452,414$1,717,607
49$2,214,324$651,030$386,487$1,792,047
50$2,356,548$599,294$315,798$1,872,505
51$2,510,645$542,389$240,106$1,959,611
52$2,677,742$479,977$159,161$2,054,063
53$2,859,080$411,704$72,701$2,156,633
54$3,056,023$337,194$0$2,268,178
55$3,270,072$256,051$0$2,392,565
56$3,502,877$167,855$0$2,539,699
57$3,756,255$72,165$0$2,699,913
58$4,032,204$0$0$2,874,534
59$4,332,923$0$0$3,072,305
60$4,660,833$0$0$3,306,199
61$5,018,597$0$0$3,561,447
62$5,409,148$0$0$3,840,147
63$5,835,712$0$0$4,144,610
64$6,301,843$0$0$4,477,381
65$6,811,452$0$0$4,841,261
66$7,368,847$0$0$5,239,332
67$7,978,768$0$0$5,674,991
68$8,646,438$0$0$6,151,976
69$9,377,606$0$0$6,674,406
70$10,178,603$0$0$7,246,813
71$11,056,404$0$0$7,874,192
72$12,018,687$0$0$8,562,042
73$13,073,911$0$0$9,316,420
74$14,231,391$0$0$10,143,998
75$15,501,389$0$0$11,052,123
76$16,895,205$0$0$12,048,891
77$18,425,290$0$0$13,143,217
78$20,105,357$0$0$14,344,922
79$21,950,513$0$0$15,664,826
80$23,977,398$0$0$17,114,847
81$26,204,345$0$0$18,708,114
82$28,651,551$0$0$20,459,093
83$31,341,264$0$0$22,383,717
84$34,297,996$0$0$24,499,545
85$37,548,753$0$0$26,825,916
86$41,123,286$0$0$29,384,141
87$45,054,375$0$0$32,197,698
88$49,378,135$0$0$35,292,452
89$54,134,358$0$0$38,696,906
90$59,366,884$0$0$42,442,459
91$65,124,019$0$0$46,563,711
92$71,458,986$0$0$51,098,782
93$78,430,427$0$0$56,089,675
94$86,102,958$0$0$61,582,673
95$94,547,775$0$0$67,628,770
96$103,843,326$0$0$74,284,155
97$114,076,051$0$0$81,610,743
98$125,341,196$0$0$89,676,756
99$137,743,712$0$0$98,557,366
100$151,399,243$0$0$108,335,407