Can I retire at age 35 with 951,000?

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 $951,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14%
1 years$78,533$77,833$77,151$76,485$75,834$74,578
2 years$38,878$38,154$37,452$36,771$36,111$34,849
3 years$25,661$24,934$24,234$23,560$22,911$21,682
4 years$19,054$18,329$17,636$16,974$16,340$15,155
5 years$15,091$14,370$13,686$13,037$12,421$11,282
6 years$12,449$11,734$11,061$10,426$9,829$8,737
7 years$10,564$9,854$9,191$8,572$7,993$6,950
8 years$9,150$8,447$7,795$7,191$6,631$5,636
9 years$8,051$7,355$6,714$6,125$5,584$4,636
10 years$7,172$6,483$5,853$5,280$4,758$3,857
11 years$6,454$5,771$5,153$4,595$4,092$3,236
12 years$5,855$5,180$4,573$4,030$3,546$2,735
13 years$5,350$4,681$4,086$3,558$3,092$2,324
14 years$4,916$4,255$3,671$3,159$2,711$1,984
15 years$4,541$3,887$3,315$2,817$2,387$1,701
16 years$4,213$3,566$3,005$2,522$2,109$1,463
17 years$3,924$3,284$2,735$2,266$1,870$1,262
18 years$3,668$3,035$2,496$2,042$1,663$1,090
19 years$3,438$2,813$2,285$1,845$1,482$944
20 years$3,232$2,614$2,097$1,671$1,324$819
21 years$3,046$2,435$1,929$1,517$1,185$712
22 years$2,877$2,273$1,778$1,379$1,062$619
23 years$2,723$2,126$1,642$1,256$953$539
24 years$2,581$1,992$1,518$1,146$857$470
25 years$2,452$1,869$1,406$1,046$771$410
26 years$2,332$1,756$1,304$957$695$358
27 years$2,222$1,653$1,211$876$626$313
28 years$2,120$1,558$1,126$802$565$273
29 years$2,024$1,469$1,048$736$510$239
30 years$1,936$1,388$976$675$461$209
31 years$1,853$1,312$910$620$417$183
32 years$1,776$1,241$849$570$377$160
33 years$1,703$1,176$793$524$341$140
34 years$1,635$1,114$741$482$309$123
35 years$1,571$1,057$692$444$280$108
36 years$1,510$1,003$648$409$254$94
37 years$1,453$953$606$377$230$83
38 years$1,399$905$568$347$208$72
39 years$1,348$861$532$320$189$63
40 years$1,300$819$499$295$171$56
41 years$1,254$780$467$272$155$49
42 years$1,211$743$438$251$141$43
43 years$1,169$707$411$232$128$37
44 years$1,130$674$386$214$116$33
45 years$1,092$643$363$198$105$29
46 years$1,057$613$341$183$96$25
47 years$1,022$585$320$169$87$22
48 years$990$559$301$156$79$19
49 years$958$534$283$144$72$17
50 years$929$510$266$133$65$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $951,000, adding $2,398 every year, while hoping to spend $25,463 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: 62/18/20 Blend
34$951,000$951,000$951,000$951,000
35$1,050,476$1,000,073$985,332$1,110,034
36$1,130,532$1,021,984$991,248$1,172,420
37$1,217,900$1,044,115$996,509$1,237,447
38$1,313,300$1,066,451$1,001,066$1,307,857
39$1,417,522$1,088,972$1,004,868$1,384,176
40$1,531,439$1,111,661$1,007,860$1,466,984
41$1,656,008$1,134,496$1,009,986$1,556,923
42$1,792,288$1,157,453$1,011,187$1,654,695
43$1,941,440$1,180,506$1,011,401$1,761,080
44$2,104,745$1,203,629$1,010,561$1,876,933
45$2,283,613$1,226,792$1,008,599$2,003,197
46$2,479,598$1,249,961$1,005,444$2,140,913
47$2,694,409$1,273,101$1,001,018$2,291,227
48$2,929,931$1,296,176$995,245$2,455,403
49$3,188,238$1,319,142$988,039$2,634,834
50$3,471,616$1,341,957$979,316$2,831,053
51$3,782,580$1,364,572$968,982$3,045,755
52$4,123,903$1,386,937$956,943$3,280,802
53$4,498,640$1,408,995$943,100$3,538,251
54$4,910,154$1,430,689$927,346$3,820,368
55$5,362,151$1,451,954$909,574$4,129,650
56$5,858,714$1,472,723$889,667$4,468,849
57$6,404,339$1,492,922$867,507$4,841,000
58$7,003,980$1,512,475$842,968$5,249,448
59$7,663,097$1,531,297$815,918$5,697,879
60$8,387,702$1,549,299$786,221$6,190,356
61$9,184,421$1,566,388$753,732$6,731,358
62$10,060,551$1,582,460$718,302$7,325,823
63$11,024,136$1,597,409$679,773$7,979,192
64$12,084,034$1,611,119$637,982$8,697,463
65$13,250,008$1,623,466$592,757$9,487,247
66$14,532,814$1,634,321$543,919$10,355,831
67$15,944,302$1,643,544$491,282$11,311,248
68$17,497,530$1,650,987$434,649$12,362,350
69$19,206,885$1,656,492$373,816$13,518,897
70$21,088,219$1,659,892$308,571$14,791,642
71$23,159,000$1,661,009$238,690$16,192,442
72$25,438,473$1,659,653$163,942$17,734,362
73$27,947,846$1,655,625$84,083$19,431,803
74$30,710,486$1,648,711$0$21,300,641
75$33,752,143$1,638,685$0$23,358,612
76$37,101,188$1,625,307$0$25,643,921
77$40,788,885$1,608,323$0$28,159,919
78$44,849,683$1,587,462$0$30,930,090
79$49,321,543$1,562,440$0$33,980,318
80$54,246,294$1,532,954$0$37,339,123
81$59,670,030$1,498,682$0$41,037,938
82$65,643,541$1,459,286$0$45,111,399
83$72,222,796$1,414,404$0$49,597,680
84$79,469,468$1,363,658$0$54,538,846
85$87,451,520$1,306,643$0$59,981,253
86$96,243,840$1,242,933$0$65,975,990
87$105,928,953$1,172,078$0$72,579,353
88$116,597,797$1,093,601$0$79,853,385
89$128,350,583$1,006,998$0$87,866,458
90$141,297,736$911,734$0$96,693,918
91$155,560,944$807,248$0$106,418,800
92$171,274,301$692,944$0$117,132,610
93$188,585,573$568,192$0$128,936,188
94$207,657,596$432,327$0$141,940,663
95$228,669,808$284,649$0$156,268,503
96$251,819,947$124,415$0$172,054,668
97$277,325,913$0$0$189,447,889
98$305,427,829$0$0$208,621,805
99$336,390,302$0$0$229,774,756
100$370,504,925$0$0$253,081,324