Can I retire at age 35 with 943,000?

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 $943,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.7%
1 years$77,872$77,178$76,502$75,841$75,196$73,141
2 years$38,551$37,833$37,137$36,462$35,808$33,752
3 years$25,445$24,724$24,030$23,362$22,718$20,726
4 years$18,894$18,175$17,488$16,831$16,203$14,290
5 years$14,964$14,249$13,571$12,928$12,317$10,489
6 years$12,345$11,636$10,967$10,338$9,746$8,005
7 years$10,475$9,772$9,114$8,500$7,926$6,271
8 years$9,073$8,376$7,729$7,130$6,575$5,006
9 years$7,983$7,293$6,657$6,073$5,537$4,052
10 years$7,112$6,428$5,804$5,235$4,718$3,315
11 years$6,399$5,723$5,110$4,556$4,058$2,734
12 years$5,806$5,136$4,535$3,996$3,516$2,270
13 years$5,305$4,642$4,052$3,528$3,066$1,895
14 years$4,875$4,219$3,640$3,132$2,688$1,588
15 years$4,503$3,854$3,287$2,793$2,367$1,336
16 years$4,178$3,536$2,980$2,501$2,092$1,127
17 years$3,891$3,257$2,712$2,247$1,855$953
18 years$3,637$3,009$2,475$2,025$1,649$808
19 years$3,409$2,789$2,266$1,830$1,470$686
20 years$3,205$2,592$2,080$1,657$1,313$583
21 years$3,020$2,414$1,913$1,504$1,175$496
22 years$2,853$2,254$1,763$1,368$1,053$423
23 years$2,700$2,108$1,628$1,245$945$360
24 years$2,560$1,975$1,505$1,136$850$308
25 years$2,431$1,853$1,394$1,037$765$263
26 years$2,313$1,742$1,293$949$689$224
27 years$2,203$1,639$1,201$868$621$192
28 years$2,102$1,545$1,116$795$560$164
29 years$2,007$1,457$1,039$729$506$140
30 years$1,920$1,376$968$669$457$120
31 years$1,837$1,301$902$615$413$103
32 years$1,761$1,231$842$565$374$88
33 years$1,689$1,166$786$520$338$75
34 years$1,621$1,105$734$478$306$64
35 years$1,558$1,048$687$440$277$55
36 years$1,498$995$642$405$251$47
37 years$1,441$945$601$373$228$40
38 years$1,388$898$563$344$207$35
39 years$1,337$854$527$317$187$30
40 years$1,289$812$494$293$170$25
41 years$1,244$773$464$270$154$22
42 years$1,201$736$435$249$140$19
43 years$1,160$702$408$230$127$16
44 years$1,120$669$383$212$115$14
45 years$1,083$638$360$196$105$12
46 years$1,048$608$338$181$95$10
47 years$1,014$581$317$167$86$9
48 years$981$554$298$155$78$7
49 years$950$529$280$143$71$6
50 years$921$506$263$132$65$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $943,000, adding $2,765 every year, while hoping to spend $36,291 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: 39/33/28 Blend
34$943,000$943,000$943,000$943,000
35$1,042,038$992,059$977,443$1,073,934
36$1,109,713$1,002,057$971,574$1,107,491
37$1,183,074$1,011,328$964,292$1,140,202
38$1,262,663$1,019,799$955,511$1,174,881
39$1,349,076$1,027,390$945,142$1,211,731
40$1,442,968$1,034,019$933,091$1,250,979
41$1,545,061$1,039,596$919,259$1,292,874
42$1,656,146$1,044,025$903,544$1,337,695
43$1,777,098$1,047,206$885,837$1,385,750
44$1,908,874$1,049,033$866,025$1,437,383
45$2,052,534$1,049,389$843,991$1,492,974
46$2,209,238$1,048,156$819,611$1,552,945
47$2,380,268$1,045,203$792,756$1,617,766
48$2,567,033$1,040,395$763,290$1,687,953
49$2,771,082$1,033,586$731,072$1,764,085
50$2,994,124$1,024,623$695,955$1,846,798
51$3,238,039$1,013,344$657,783$1,936,800
52$3,504,896$999,575$616,396$2,034,873
53$3,796,975$983,134$571,625$2,141,886
54$4,116,785$963,826$523,293$2,258,798
55$4,467,090$941,446$471,216$2,386,674
56$4,850,933$915,778$415,203$2,526,691
57$5,271,667$886,589$355,051$2,680,151
58$5,732,983$853,638$290,551$2,848,496
59$6,238,947$816,666$221,483$3,033,321
60$6,794,036$775,399$147,620$3,236,389
61$7,403,185$729,551$68,722$3,459,654
62$8,071,825$678,814$0$3,705,270
63$8,805,943$622,868$0$3,980,249
64$9,612,130$561,370$0$4,304,814
65$10,497,650$493,959$0$4,661,408
66$11,470,504$420,256$0$5,053,337
67$12,539,504$339,858$0$5,484,249
68$13,714,361$252,338$0$5,958,170
69$15,005,772$157,249$0$6,479,540
70$16,425,522$54,115$0$7,053,260
71$17,986,595$0$0$7,684,737
72$19,703,296$0$0$8,400,836
73$21,591,386$0$0$9,210,181
74$23,668,229$0$0$10,100,581
75$25,952,958$0$0$11,080,258
76$28,466,652$0$0$12,158,269
77$31,232,537$0$0$13,344,593
78$34,276,204$0$0$14,650,227
79$37,625,851$0$0$16,087,286
80$41,312,547$0$0$17,669,122
81$45,370,524$0$0$19,410,445
82$49,837,504$0$0$21,327,463
83$54,755,050$0$0$23,438,038
84$60,168,961$0$0$25,761,849
85$66,129,702$0$0$28,320,583
86$72,692,878$0$0$31,138,134
87$79,919,763$0$0$34,240,835
88$87,877,875$0$0$37,657,700
89$96,641,613$0$0$41,420,700
90$106,292,959$0$0$45,565,066
91$116,922,250$0$0$50,129,621
92$128,629,031$0$0$55,157,143
93$141,522,997$0$0$60,694,773
94$155,725,022$0$0$66,794,456
95$171,368,305$0$0$73,513,435
96$188,599,621$0$0$80,914,787
97$207,580,711$0$0$89,068,021
98$228,489,806$0$0$98,049,732
99$251,523,308$0$0$107,944,327
100$276,897,646$0$0$118,844,816