Can I retire at age 35 with 944,000?

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 $944,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.6%
1 years$77,955$77,260$76,583$75,922$75,276$74,770
2 years$38,591$37,873$37,176$36,501$35,846$35,336
3 years$25,472$24,750$24,055$23,386$22,742$22,243
4 years$18,914$18,194$17,506$16,849$16,220$15,736
5 years$14,980$14,264$13,586$12,941$12,330$11,863
6 years$12,358$11,648$10,979$10,349$9,756$9,307
7 years$10,486$9,782$9,124$8,509$7,934$7,503
8 years$9,082$8,385$7,738$7,138$6,582$6,168
9 years$7,992$7,301$6,664$6,080$5,543$5,147
10 years$7,119$6,435$5,810$5,241$4,723$4,344
11 years$6,406$5,729$5,115$4,561$4,062$3,700
12 years$5,812$5,142$4,540$4,001$3,520$3,174
13 years$5,310$4,647$4,056$3,532$3,070$2,740
14 years$4,880$4,224$3,644$3,135$2,691$2,377
15 years$4,508$3,858$3,290$2,796$2,369$2,071
16 years$4,182$3,540$2,983$2,504$2,094$1,811
17 years$3,895$3,260$2,714$2,250$1,857$1,588
18 years$3,641$3,013$2,478$2,027$1,651$1,397
19 years$3,413$2,792$2,268$1,832$1,471$1,231
20 years$3,208$2,595$2,082$1,659$1,314$1,087
21 years$3,023$2,417$1,915$1,506$1,176$961
22 years$2,856$2,256$1,765$1,369$1,054$852
23 years$2,703$2,110$1,630$1,247$946$755
24 years$2,562$1,977$1,507$1,137$851$671
25 years$2,434$1,855$1,396$1,039$765$596
26 years$2,315$1,744$1,295$950$689$531
27 years$2,206$1,641$1,202$869$622$472
28 years$2,104$1,546$1,118$796$561$421
29 years$2,010$1,459$1,040$730$506$375
30 years$1,922$1,378$969$670$458$335
31 years$1,839$1,302$903$616$414$299
32 years$1,763$1,232$843$566$374$267
33 years$1,691$1,167$787$520$339$238
34 years$1,623$1,106$735$479$307$213
35 years$1,559$1,049$687$441$278$190
36 years$1,499$996$643$406$252$170
37 years$1,443$946$602$374$228$152
38 years$1,389$899$564$345$207$136
39 years$1,339$855$528$318$188$122
40 years$1,291$813$495$293$170$109
41 years$1,245$774$464$270$154$97
42 years$1,202$737$435$250$140$87
43 years$1,161$702$408$230$127$78
44 years$1,122$669$383$213$115$70
45 years$1,084$638$360$196$105$63
46 years$1,049$609$338$181$95$56
47 years$1,015$581$318$168$86$50
48 years$982$555$298$155$78$45
49 years$951$530$281$143$71$40
50 years$922$506$264$132$65$36

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $944,000, adding $5,454 every year, while hoping to spend $25,773 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: 35/46/19 Blend
34$944,000$944,000$944,000$944,000
35$1,045,914$995,882$981,250$1,076,281
36$1,125,175$1,017,258$986,699$1,120,372
37$1,211,656$1,038,817$991,468$1,165,124
38$1,306,068$1,060,542$995,505$1,212,872
39$1,409,191$1,082,413$998,758$1,263,898
40$1,521,884$1,104,407$1,001,172$1,318,512
41$1,645,095$1,126,501$1,002,689$1,377,056
42$1,779,863$1,148,668$1,003,249$1,439,909
43$1,927,338$1,170,882$1,002,786$1,507,485
44$2,088,782$1,193,110$1,001,235$1,580,245
45$2,265,587$1,215,321$998,525$1,658,695
46$2,459,283$1,237,479$994,582$1,743,395
47$2,671,558$1,259,544$989,329$1,834,962
48$2,904,271$1,281,475$982,685$1,934,076
49$3,159,467$1,303,228$974,566$2,041,488
50$3,439,400$1,324,753$964,881$2,158,027
51$3,746,553$1,346,000$953,539$2,284,607
52$4,083,660$1,366,913$940,441$2,422,238
53$4,453,734$1,387,432$925,486$2,572,031
54$4,860,091$1,407,492$908,566$2,735,215
55$5,306,387$1,427,026$889,570$2,913,145
56$5,796,648$1,445,960$868,380$3,107,314
57$6,335,310$1,464,216$844,874$3,319,373
58$6,927,258$1,481,709$818,924$3,551,140
59$7,577,876$1,498,350$790,396$3,804,622
60$8,293,094$1,514,044$759,149$4,082,033
61$9,079,446$1,528,689$725,037$4,385,815
62$9,944,130$1,542,176$687,907$4,718,661
63$10,895,078$1,554,388$647,598$5,083,545
64$11,941,026$1,565,204$603,943$5,483,743
65$13,091,603$1,574,491$556,767$5,922,871
66$14,357,415$1,582,110$505,887$6,404,917
67$15,750,150$1,587,912$451,113$6,934,280
68$17,282,685$1,591,739$392,244$7,515,812
69$18,969,207$1,593,423$329,073$8,154,862
70$20,825,351$1,592,785$261,382$8,857,332
71$22,868,343$1,589,637$188,944$9,629,731
72$25,117,162$1,583,777$111,522$10,479,235
73$27,592,722$1,574,992$28,867$11,413,759
74$30,318,068$1,563,055$0$12,442,033
75$33,318,592$1,547,726$0$13,585,710
76$36,622,274$1,528,751$0$14,850,402
77$40,259,946$1,505,859$0$16,242,012
78$44,265,579$1,478,765$0$17,773,505
79$48,676,609$1,447,165$0$19,459,172
80$53,534,286$1,410,739$0$21,314,769
81$58,884,065$1,369,147$0$23,357,664
82$64,776,033$1,322,029$0$25,607,000
83$71,265,386$1,269,006$0$28,083,883
84$78,412,941$1,209,673$0$30,811,576
85$86,285,719$1,143,605$0$33,815,722
86$94,957,572$1,070,352$0$37,124,588
87$104,509,882$989,436$0$40,769,332
88$115,032,326$900,355$0$44,784,300
89$126,623,727$802,575$0$49,207,350
90$139,392,980$695,535$0$54,080,211
91$153,460,087$578,639$0$59,448,879
92$168,957,283$451,259$0$65,364,055
93$186,030,287$312,733$0$71,881,622
94$204,839,678$162,358$0$79,063,176
95$225,562,407$0$0$86,976,609
96$248,393,471$0$0$95,697,059
97$273,547,749$0$0$105,395,653
98$301,262,036$0$0$116,081,534
99$331,797,270$0$0$127,855,344
100$365,441,004$0$0$140,827,988