Can I retire at age 35 with 938,000?

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 $938,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.6%
1 years$77,459$76,769$76,096$75,439$74,797$71,915
2 years$38,346$37,632$36,940$36,269$35,618$32,748
3 years$25,310$24,593$23,903$23,238$22,597$19,831
4 years$18,793$18,078$17,395$16,741$16,117$13,474
5 years$14,884$14,174$13,499$12,859$12,252$9,740
6 years$12,279$11,574$10,909$10,283$9,694$7,316
7 years$10,419$9,720$9,066$8,455$7,884$5,637
8 years$9,025$8,332$7,688$7,092$6,541$4,423
9 years$7,941$7,254$6,622$6,041$5,508$3,518
10 years$7,074$6,394$5,773$5,208$4,693$2,826
11 years$6,365$5,692$5,083$4,532$4,036$2,287
12 years$5,775$5,109$4,511$3,975$3,498$1,863
13 years$5,276$4,617$4,030$3,510$3,050$1,525
14 years$4,849$4,197$3,621$3,115$2,674$1,253
15 years$4,479$3,834$3,269$2,778$2,354$1,032
16 years$4,156$3,518$2,964$2,488$2,081$853
17 years$3,871$3,240$2,697$2,235$1,845$706
18 years$3,618$2,993$2,462$2,014$1,640$586
19 years$3,391$2,774$2,254$1,820$1,462$486
20 years$3,188$2,578$2,069$1,649$1,306$404
21 years$3,004$2,401$1,903$1,496$1,169$336
22 years$2,837$2,242$1,754$1,360$1,048$280
23 years$2,685$2,096$1,619$1,239$940$234
24 years$2,546$1,964$1,497$1,130$845$195
25 years$2,418$1,843$1,387$1,032$761$162
26 years$2,300$1,732$1,286$944$685$136
27 years$2,192$1,630$1,194$864$618$113
28 years$2,091$1,536$1,110$791$557$95
29 years$1,997$1,449$1,033$726$503$79
30 years$1,909$1,369$963$666$455$66
31 years$1,828$1,294$897$612$411$55
32 years$1,751$1,224$837$562$372$46
33 years$1,680$1,159$782$517$337$38
34 years$1,613$1,099$730$476$305$32
35 years$1,549$1,042$683$438$276$27
36 years$1,490$989$639$403$250$22
37 years$1,434$940$598$371$227$19
38 years$1,380$893$560$342$205$16
39 years$1,330$849$525$316$186$13
40 years$1,282$808$492$291$169$11
41 years$1,237$769$461$269$153$9
42 years$1,194$732$432$248$139$8
43 years$1,153$698$406$229$126$6
44 years$1,114$665$381$211$115$5
45 years$1,077$634$358$195$104$4
46 years$1,042$605$336$180$94$4
47 years$1,008$577$316$167$86$3
48 years$976$551$297$154$78$3
49 years$945$526$279$142$71$2
50 years$916$503$262$131$64$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $938,000, adding $4,087 every year, while hoping to spend $34,718 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: 50/33/17 Blend
34$938,000$938,000$938,000$938,000
35$1,037,892$988,178$973,639$1,084,712
36$1,106,817$999,659$969,316$1,128,904
37$1,181,609$1,010,539$963,685$1,172,976
38$1,262,830$1,020,752$956,665$1,220,118
39$1,351,097$1,030,227$948,171$1,270,631
40$1,447,090$1,038,889$938,116$1,324,848
41$1,551,557$1,046,659$926,407$1,383,138
42$1,665,321$1,053,451$912,947$1,445,907
43$1,789,288$1,059,173$897,635$1,513,606
44$1,924,453$1,063,731$880,363$1,586,730
45$2,071,914$1,067,020$861,022$1,665,830
46$2,232,877$1,068,933$839,495$1,751,513
47$2,408,673$1,069,352$815,660$1,844,450
48$2,600,762$1,068,155$789,389$1,945,380
49$2,810,757$1,065,212$760,551$2,055,125
50$3,040,430$1,060,382$729,005$2,174,587
51$3,291,732$1,053,520$694,605$2,304,766
52$3,566,815$1,044,469$657,201$2,446,767
53$3,868,046$1,033,063$616,632$2,601,808
54$4,198,030$1,019,127$572,733$2,771,236
55$4,559,639$1,002,474$525,329$2,956,537
56$4,956,035$982,908$474,241$3,159,355
57$5,390,699$960,219$419,276$3,381,501
58$5,867,467$934,187$360,239$3,624,979
59$6,390,564$904,577$296,922$3,891,999
60$6,964,642$871,141$229,109$4,185,000
61$7,594,826$833,618$156,575$4,506,677
62$8,286,762$791,730$79,085$4,860,002
63$9,046,670$745,183$0$5,248,260
64$9,881,400$693,666$0$5,675,726
65$10,798,500$636,853$0$6,161,096
66$11,806,284$574,395$0$6,694,469
67$12,913,911$505,927$0$7,280,767
68$14,131,472$431,060$0$7,925,413
69$15,470,086$349,385$0$8,634,394
70$16,942,000$260,471$0$9,414,306
71$18,560,710$163,859$0$10,272,427
72$20,341,082$59,069$0$11,216,783
73$22,299,499$0$0$12,256,222
74$24,454,009$0$0$13,420,261
75$26,824,497$0$0$14,724,702
76$29,432,874$0$0$16,160,167
77$32,303,283$0$0$17,739,956
78$35,462,324$0$0$19,478,724
79$38,939,306$0$0$21,392,619
80$42,766,525$0$0$23,499,434
81$46,979,566$0$0$25,818,775
82$51,617,638$0$0$28,372,243
83$56,723,948$0$0$31,183,644
84$62,346,103$0$0$34,279,207
85$68,536,562$0$0$37,687,835
86$75,353,129$0$0$41,441,375
87$82,859,499$0$0$45,574,922
88$91,125,860$0$0$50,127,146
89$100,229,553$0$0$55,140,660
90$110,255,802$0$0$60,662,419
91$121,298,517$0$0$66,744,167
92$133,461,183$0$0$73,442,919
93$146,857,833$0$0$80,821,506
94$161,614,124$0$0$88,949,162
95$177,868,526$0$0$97,902,181
96$195,773,625$0$0$107,764,634
97$215,497,563$0$0$118,629,165
98$237,225,626$0$0$130,597,863
99$261,161,991$0$0$143,783,226
100$287,531,656$0$0$158,309,225