Can I retire at age 35 with 935,000?

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 $935,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.7%
1 years$77,211$76,524$75,853$75,198$74,558$71,657
2 years$38,223$37,512$36,822$36,153$35,504$32,616
3 years$25,229$24,514$23,826$23,163$22,525$19,741
4 years$18,733$18,021$17,339$16,688$16,065$13,407
5 years$14,837$14,128$13,456$12,818$12,212$9,686
6 years$12,240$11,537$10,874$10,251$9,663$7,271
7 years$10,386$9,689$9,037$8,428$7,859$5,600
8 years$8,996$8,305$7,664$7,070$6,520$4,391
9 years$7,915$7,231$6,601$6,022$5,491$3,490
10 years$7,051$6,374$5,755$5,191$4,678$2,802
11 years$6,345$5,674$5,066$4,518$4,023$2,266
12 years$5,757$5,093$4,496$3,963$3,487$1,845
13 years$5,260$4,602$4,017$3,498$3,040$1,509
14 years$4,834$4,183$3,609$3,105$2,665$1,239
15 years$4,465$3,822$3,259$2,769$2,347$1,020
16 years$4,142$3,506$2,955$2,480$2,074$842
17 years$3,858$3,229$2,689$2,228$1,839$697
18 years$3,606$2,984$2,454$2,008$1,635$577
19 years$3,380$2,765$2,247$1,814$1,457$479
20 years$3,178$2,570$2,062$1,643$1,302$398
21 years$2,995$2,394$1,897$1,491$1,165$331
22 years$2,828$2,234$1,748$1,356$1,044$275
23 years$2,677$2,090$1,614$1,235$937$229
24 years$2,538$1,958$1,493$1,126$842$191
25 years$2,411$1,837$1,383$1,029$758$159
26 years$2,293$1,727$1,282$941$683$133
27 years$2,185$1,625$1,191$861$616$111
28 years$2,084$1,531$1,107$789$556$92
29 years$1,990$1,445$1,030$723$502$77
30 years$1,903$1,364$959$664$453$64
31 years$1,822$1,290$894$610$410$54
32 years$1,746$1,220$835$560$371$45
33 years$1,674$1,156$779$515$335$37
34 years$1,607$1,095$728$474$304$31
35 years$1,544$1,039$681$436$275$26
36 years$1,485$986$637$402$249$22
37 years$1,429$937$596$370$226$18
38 years$1,376$890$558$341$205$15
39 years$1,326$846$523$315$186$13
40 years$1,278$805$490$290$168$11
41 years$1,233$767$460$268$153$9
42 years$1,190$730$431$247$139$7
43 years$1,150$696$405$228$126$6
44 years$1,111$663$380$211$114$5
45 years$1,074$632$357$195$104$4
46 years$1,039$603$335$180$94$4
47 years$1,005$576$315$166$86$3
48 years$973$549$296$153$78$3
49 years$942$525$278$142$71$2
50 years$913$501$261$131$64$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $935,000, adding $6,080 every year, while hoping to spend $54,599 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: 74/20/6 Blend
34$935,000$935,000$935,000$935,000
35$1,036,642$987,087$972,594$1,112,214
36$1,084,286$977,361$947,083$1,153,063
37$1,134,960$965,329$918,887$1,190,274
38$1,188,916$950,819$887,860$1,229,471
39$1,246,428$933,652$853,846$1,270,830
40$1,307,798$913,635$816,684$1,314,547
41$1,373,356$890,566$776,205$1,360,839
42$1,443,464$864,229$732,234$1,409,945
43$1,518,519$834,398$684,585$1,462,130
44$1,598,955$800,832$633,067$1,517,686
45$1,685,251$763,275$577,477$1,576,937
46$1,777,931$721,459$517,606$1,640,240
47$1,877,568$675,099$453,234$1,707,992
48$1,984,794$623,893$384,132$1,780,630
49$2,100,302$567,523$310,059$1,858,637
50$2,224,854$505,652$230,767$1,942,547
51$2,359,284$437,925$145,993$2,032,954
52$2,504,513$363,965$55,466$2,130,509
53$2,661,550$283,375$0$2,235,936
54$2,831,504$195,737$0$2,352,667
55$3,015,595$100,606$0$2,482,912
56$3,215,165$0$0$2,624,112
57$3,431,688$0$0$2,777,913
58$3,666,787$0$0$2,968,984
59$3,922,245$0$0$3,176,637
60$4,200,026$0$0$3,402,473
61$4,502,289$0$0$3,648,251
62$4,831,408$0$0$3,915,908
63$5,190,000$0$0$4,207,576
64$5,580,939$0$0$4,525,600
65$6,007,394$0$0$4,872,560
66$6,472,850$0$0$5,251,300
67$6,981,141$0$0$5,664,945
68$7,536,492$0$0$6,116,940
69$8,143,553$0$0$6,611,075
70$8,807,441$0$0$7,151,522
71$9,533,793$0$0$7,742,879
72$10,328,814$0$0$8,390,203
73$11,199,339$0$0$9,099,067
74$12,152,893$0$0$9,875,607
75$13,197,762$0$0$10,726,580
76$14,343,074$0$0$11,659,428
77$15,598,881$0$0$12,682,345
78$16,976,254$0$0$13,804,361
79$18,487,387$0$0$15,035,418
80$20,145,711$0$0$16,386,467
81$21,966,022$0$0$17,869,572
82$23,964,617$0$0$19,498,023
83$26,159,446$0$0$21,286,456
84$28,570,287$0$0$23,250,998
85$31,218,925$0$0$25,409,414
86$34,129,360$0$0$27,781,272
87$37,328,032$0$0$30,388,132
88$40,844,069$0$0$33,253,748
89$44,709,561$0$0$36,404,286
90$48,959,865$0$0$39,868,576
91$53,633,933$0$0$43,678,383
92$58,774,680$0$0$47,868,701
93$64,429,392$0$0$52,478,087
94$70,650,164$0$0$57,549,025
95$77,494,398$0$0$63,128,321
96$85,025,339$0$0$69,267,547
97$93,312,670$0$0$76,023,529
98$102,433,174$0$0$83,458,878
99$112,471,451$0$0$91,642,583
100$123,520,720$0$0$100,650,658