Can I retire at age 35 with 945,000?

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 $945,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.3%
1 years$78,037$77,342$76,664$76,002$75,356$73,415
2 years$38,632$37,913$37,215$36,539$35,884$33,941
3 years$25,499$24,776$24,081$23,411$22,766$20,883
4 years$18,934$18,213$17,525$16,866$16,237$14,427
5 years$14,996$14,279$13,600$12,955$12,343$10,612
6 years$12,371$11,660$10,991$10,360$9,767$8,116
7 years$10,497$9,792$9,133$8,518$7,943$6,373
8 years$9,092$8,394$7,746$7,145$6,589$5,099
9 years$8,000$7,308$6,671$6,086$5,549$4,137
10 years$7,127$6,442$5,816$5,246$4,728$3,393
11 years$6,413$5,735$5,121$4,566$4,066$2,806
12 years$5,818$5,147$4,544$4,005$3,524$2,336
13 years$5,316$4,652$4,060$3,536$3,073$1,955
14 years$4,885$4,228$3,648$3,139$2,694$1,643
15 years$4,513$3,863$3,294$2,799$2,372$1,386
16 years$4,187$3,544$2,986$2,506$2,096$1,173
17 years$3,900$3,264$2,717$2,252$1,859$995
18 years$3,645$3,016$2,481$2,029$1,653$846
19 years$3,417$2,795$2,271$1,834$1,473$720
20 years$3,212$2,597$2,084$1,661$1,316$614
21 years$3,027$2,419$1,917$1,507$1,177$524
22 years$2,859$2,258$1,767$1,370$1,055$448
23 years$2,705$2,112$1,631$1,248$947$383
24 years$2,565$1,979$1,509$1,138$852$328
25 years$2,436$1,857$1,397$1,040$766$281
26 years$2,318$1,745$1,296$951$690$241
27 years$2,208$1,643$1,203$870$622$206
28 years$2,106$1,548$1,119$797$561$177
29 years$2,012$1,460$1,041$731$507$152
30 years$1,924$1,379$970$671$458$130
31 years$1,841$1,304$904$616$414$112
32 years$1,764$1,233$843$566$375$96
33 years$1,692$1,168$788$521$339$83
34 years$1,625$1,107$736$479$307$71
35 years$1,561$1,050$688$441$278$61
36 years$1,501$997$644$406$252$52
37 years$1,444$947$602$374$228$45
38 years$1,391$900$564$345$207$39
39 years$1,340$855$529$318$188$33
40 years$1,292$814$495$293$170$29
41 years$1,246$775$464$271$154$25
42 years$1,203$738$436$250$140$21
43 years$1,162$703$409$231$127$18
44 years$1,123$670$384$213$115$16
45 years$1,085$639$360$197$105$13
46 years$1,050$610$338$182$95$12
47 years$1,016$582$318$168$86$10
48 years$983$555$299$155$78$9
49 years$952$530$281$143$71$7
50 years$923$507$264$132$65$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $945,000, adding $4,262 every year, while hoping to spend $47,692 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: 49/44/7 Blend
34$945,000$945,000$945,000$945,000
35$1,045,786$995,701$981,054$1,094,929
36$1,101,713$993,747$963,175$1,127,007
37$1,161,745$990,098$943,099$1,156,404
38$1,226,252$984,622$920,702$1,187,211
39$1,295,638$977,176$895,853$1,219,569
40$1,370,346$967,612$868,418$1,253,641
41$1,450,866$955,769$838,255$1,289,605
42$1,537,732$941,479$805,214$1,327,663
43$1,631,533$924,564$769,141$1,368,039
44$1,732,916$904,834$729,874$1,410,983
45$1,842,591$882,089$687,242$1,456,774
46$1,961,340$856,116$641,070$1,505,724
47$2,090,022$826,691$591,171$1,558,179
48$2,229,581$793,576$537,352$1,614,526
49$2,381,056$756,518$479,411$1,675,195
50$2,545,589$715,253$417,136$1,740,665
51$2,724,437$669,499$350,308$1,811,468
52$2,918,982$618,957$278,696$1,888,198
53$3,130,746$563,313$202,060$1,971,513
54$3,361,401$502,234$120,148$2,062,145
55$3,612,790$435,369$32,698$2,160,907
56$3,886,938$362,347$0$2,268,704
57$4,186,078$282,774$0$2,391,065
58$4,512,664$196,236$0$2,527,477
59$4,869,400$102,295$0$2,676,753
60$5,259,260$489$0$2,840,285
61$5,685,522$0$0$3,019,618
62$6,151,791$0$0$3,269,561
63$6,662,040$0$0$3,543,438
64$7,220,641$0$0$3,843,373
65$7,832,410$0$0$4,171,964
66$8,502,651$0$0$4,532,073
67$9,237,203$0$0$4,926,852
68$10,042,499$0$0$5,359,773
69$10,925,623$0$0$5,834,658
70$11,894,378$0$0$6,355,720
71$12,957,357$0$0$6,927,597
72$14,124,027$0$0$7,555,398
73$15,404,815$0$0$8,244,752
74$16,811,209$0$0$9,001,860
75$18,355,860$0$0$9,833,551
76$20,052,708$0$0$10,747,351
77$21,917,107$0$0$11,751,547
78$23,965,975$0$0$12,855,272
79$26,217,946$0$0$14,068,586
80$28,693,554$0$0$15,402,574
81$31,415,416$0$0$16,869,448
82$34,408,455$0$0$18,482,660
83$37,700,127$0$0$20,257,034
84$41,320,682$0$0$22,208,903
85$45,303,451$0$0$24,356,260
86$49,685,157$0$0$26,718,933
87$54,506,260$0$0$29,318,765
88$59,811,342$0$0$32,179,828
89$65,649,524$0$0$35,328,640
90$72,074,930$0$0$38,794,426
91$79,147,195$0$0$42,609,383
92$86,932,030$0$0$46,808,990
93$95,501,842$0$0$51,432,341
94$104,936,410$0$0$56,522,512
95$115,323,646$0$0$62,126,968
96$126,760,418$0$0$68,298,013
97$139,353,463$0$0$75,093,278
98$153,220,399$0$0$82,576,270
99$168,490,828$0$0$90,816,967
100$185,307,562$0$0$99,892,478