Can I retire at age 35 with 941,000?

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 $941,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.8%
1 years$77,707$77,015$76,339$75,680$75,037$72,088
2 years$38,469$37,752$37,058$36,385$35,732$32,797
3 years$25,391$24,672$23,979$23,312$22,670$19,841
4 years$18,854$18,136$17,451$16,795$16,168$13,468
5 years$14,932$14,219$13,542$12,900$12,291$9,725
6 years$12,319$11,611$10,944$10,316$9,725$7,296
7 years$10,453$9,751$9,095$8,482$7,909$5,616
8 years$9,054$8,358$7,713$7,115$6,562$4,402
9 years$7,966$7,277$6,643$6,060$5,526$3,496
10 years$7,097$6,415$5,792$5,224$4,708$2,805
11 years$6,386$5,711$5,099$4,547$4,049$2,267
12 years$5,794$5,125$4,525$3,988$3,509$1,844
13 years$5,293$4,632$4,043$3,521$3,060$1,507
14 years$4,865$4,210$3,633$3,125$2,682$1,237
15 years$4,493$3,846$3,280$2,787$2,362$1,018
16 years$4,169$3,529$2,974$2,496$2,087$840
17 years$3,883$3,250$2,706$2,242$1,851$694
18 years$3,629$3,003$2,470$2,021$1,646$575
19 years$3,402$2,783$2,261$1,826$1,467$477
20 years$3,198$2,586$2,075$1,654$1,310$396
21 years$3,014$2,409$1,909$1,501$1,172$329
22 years$2,847$2,249$1,759$1,365$1,051$273
23 years$2,694$2,103$1,624$1,243$943$227
24 years$2,554$1,971$1,502$1,134$848$189
25 years$2,426$1,849$1,391$1,035$763$158
26 years$2,308$1,738$1,290$947$687$131
27 years$2,199$1,636$1,198$866$620$110
28 years$2,097$1,541$1,114$794$559$91
29 years$2,003$1,454$1,037$728$505$76
30 years$1,915$1,373$966$668$456$63
31 years$1,834$1,298$900$614$412$53
32 years$1,757$1,228$840$564$373$44
33 years$1,685$1,163$784$519$338$37
34 years$1,618$1,102$733$477$306$31
35 years$1,554$1,046$685$439$277$26
36 years$1,495$992$641$404$251$21
37 years$1,438$943$600$373$227$18
38 years$1,385$896$562$344$206$15
39 years$1,334$852$526$317$187$12
40 years$1,286$810$493$292$170$10
41 years$1,241$771$463$270$154$9
42 years$1,198$735$434$249$140$7
43 years$1,157$700$407$230$127$6
44 years$1,118$667$382$212$115$5
45 years$1,081$636$359$196$104$4
46 years$1,045$607$337$181$95$4
47 years$1,012$579$317$167$86$3
48 years$979$553$298$154$78$2
49 years$948$528$280$143$71$2
50 years$919$504$263$132$64$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $941,000, adding $4,823 every year, while hoping to spend $34,580 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$941,000$941,000$941,000$941,000
35$1,041,957$992,084$977,498$1,118,015
36$1,111,444$1,003,903$973,452$1,180,554
37$1,186,859$1,015,143$968,111$1,244,182
38$1,268,771$1,025,737$961,395$1,312,891
39$1,357,806$1,035,618$953,221$1,387,170
40$1,454,649$1,044,711$943,502$1,467,560
41$1,560,059$1,052,937$932,145$1,554,656
42$1,674,867$1,060,213$919,054$1,649,113
43$1,799,990$1,066,450$904,128$1,751,652
44$1,936,435$1,071,552$887,262$1,863,071
45$2,085,312$1,075,419$868,346$1,984,245
46$2,247,843$1,077,943$847,265$2,116,142
47$2,425,371$1,079,010$823,896$2,259,825
48$2,619,377$1,078,500$798,115$2,416,469
49$2,831,490$1,076,283$769,788$2,587,369
50$3,063,504$1,072,223$738,778$2,773,948
51$3,317,394$1,066,175$704,940$2,977,779
52$3,595,336$1,057,985$668,123$3,200,595
53$3,899,724$1,047,490$628,169$3,444,304
54$4,233,196$1,034,517$584,913$3,711,011
55$4,598,656$1,018,883$538,182$4,003,036
56$4,999,305$1,000,394$487,797$4,322,936
57$5,438,664$978,844$433,569$4,673,529
58$5,920,616$954,014$375,301$5,057,922
59$6,449,433$925,676$312,788$5,479,541
60$7,029,825$893,583$245,815$5,942,159
61$7,666,976$857,478$174,160$6,449,938
62$8,366,601$817,088$97,587$7,007,466
63$9,134,992$772,123$15,854$7,619,797
64$9,979,081$722,276$0$8,292,507
65$10,906,505$667,226$0$9,036,307
66$11,925,677$606,629$0$9,854,780
67$13,045,866$540,124$0$10,754,393
68$14,277,283$467,329$0$11,743,394
69$15,631,178$387,840$0$12,830,871
70$17,119,946$301,231$0$14,026,841
71$18,757,240$207,052$0$15,342,348
72$20,558,107$104,826$0$16,789,559
73$22,539,123$0$0$18,381,886
74$24,718,552$0$0$20,135,423
75$27,116,515$0$0$22,090,219
76$29,755,187$0$0$24,241,286
77$32,658,995$0$0$26,608,544
78$35,854,858$0$0$29,213,944
79$39,372,436$0$0$32,081,672
80$43,244,409$0$0$35,238,377
81$47,506,787$0$0$38,713,424
82$52,199,247$0$0$42,539,168
83$57,365,512$0$0$46,751,263
84$63,053,757$0$0$51,388,995
85$69,317,068$0$0$56,495,651
86$76,213,939$0$0$62,118,934
87$83,808,826$0$0$68,311,404
88$92,172,755$0$0$75,130,981
89$101,383,991$0$0$82,641,487
90$111,528,776$0$0$90,913,250
91$122,702,143$0$0$100,023,765
92$135,008,812$0$0$110,058,431
93$148,564,180$0$0$121,111,348
94$163,495,406$0$0$133,286,211
95$179,942,614$0$0$146,697,288
96$198,060,214$0$0$161,470,496
97$218,018,358$0$0$177,744,588
98$240,004,546$0$0$195,672,466
99$264,225,397$0$0$215,422,624
100$290,908,598$0$0$237,180,731