Can I retire at age 35 with 953,000?

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 $953,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.3%
1 years$78,698$77,997$77,313$76,645$75,994$75,578
2 years$38,959$38,234$37,531$36,849$36,187$35,768
3 years$25,715$24,986$24,285$23,609$22,959$22,549
4 years$19,094$18,367$17,673$17,009$16,374$15,977
5 years$15,122$14,400$13,715$13,065$12,448$12,063
6 years$12,476$11,759$11,084$10,448$9,849$9,479
7 years$10,586$9,875$9,211$8,590$8,010$7,654
8 years$9,169$8,465$7,811$7,206$6,645$6,304
9 years$8,068$7,370$6,728$6,138$5,596$5,269
10 years$7,187$6,496$5,866$5,291$4,768$4,455
11 years$6,467$5,783$5,164$4,605$4,101$3,801
12 years$5,868$5,191$4,583$4,039$3,554$3,268
13 years$5,361$4,691$4,095$3,566$3,099$2,826
14 years$4,927$4,264$3,679$3,165$2,716$2,457
15 years$4,551$3,895$3,322$2,823$2,392$2,145
16 years$4,222$3,574$3,012$2,528$2,114$1,879
17 years$3,933$3,291$2,740$2,271$1,874$1,651
18 years$3,675$3,041$2,502$2,047$1,667$1,455
19 years$3,446$2,819$2,290$1,849$1,485$1,285
20 years$3,239$2,619$2,102$1,675$1,327$1,137
21 years$3,052$2,440$1,933$1,520$1,187$1,008
22 years$2,883$2,277$1,782$1,382$1,064$895
23 years$2,728$2,130$1,645$1,259$955$796
24 years$2,587$1,996$1,521$1,148$859$708
25 years$2,457$1,873$1,409$1,048$773$631
26 years$2,337$1,760$1,307$959$696$563
27 years$2,227$1,657$1,214$877$628$502
28 years$2,124$1,561$1,128$804$566$449
29 years$2,029$1,473$1,050$737$511$401
30 years$1,940$1,391$978$677$462$358
31 years$1,857$1,315$912$621$418$321
32 years$1,779$1,244$851$571$378$287
33 years$1,707$1,178$794$525$342$257
34 years$1,638$1,117$742$483$310$230
35 years$1,574$1,059$694$445$280$206
36 years$1,514$1,005$649$410$254$185
37 years$1,456$955$607$377$230$166
38 years$1,402$907$569$348$209$149
39 years$1,351$863$533$321$189$133
40 years$1,303$821$500$296$172$120
41 years$1,257$781$468$273$156$107
42 years$1,213$744$439$252$141$96
43 years$1,172$709$412$233$128$86
44 years$1,132$676$387$215$116$78
45 years$1,095$644$363$198$106$70
46 years$1,059$615$341$183$96$62
47 years$1,024$587$321$169$87$56
48 years$992$560$301$156$79$50
49 years$960$535$283$145$72$45
50 years$930$511$266$134$65$41

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $953,000, adding $3,249 every year, while hoping to spend $51,352 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: 70/16/14 Blend
34$953,000$953,000$953,000$953,000
35$1,053,557$1,003,048$988,277$1,123,778
36$1,106,382$997,560$966,746$1,165,358
37$1,162,874$990,081$942,773$1,204,356
38$1,223,352$980,460$916,221$1,245,702
39$1,288,169$968,537$886,949$1,289,618
40$1,357,707$954,141$854,807$1,336,352
41$1,432,390$937,090$819,640$1,386,176
42$1,512,681$917,195$781,285$1,439,392
43$1,599,088$894,251$739,572$1,496,334
44$1,692,171$868,045$694,323$1,557,372
45$1,792,542$838,349$645,352$1,622,914
46$1,900,876$804,923$592,466$1,693,411
47$2,017,913$767,512$535,462$1,769,363
48$2,144,467$725,846$474,126$1,851,322
49$2,281,432$679,643$408,239$1,939,899
50$2,429,792$628,599$337,569$2,035,768
51$2,590,628$572,397$261,875$2,139,674
52$2,765,128$510,701$180,904$2,252,443
53$2,954,601$443,155$94,394$2,374,985
54$3,160,483$369,383$2,069$2,508,308
55$3,384,358$288,989$0$2,653,523
56$3,627,966$201,552$0$2,826,268
57$3,893,221$106,631$0$3,014,760
58$4,182,231$3,757$0$3,220,236
59$4,497,316$0$0$3,444,401
60$4,841,026$0$0$3,708,075
61$5,216,172$0$0$3,996,634
62$5,625,846$0$0$4,311,802
63$6,073,451$0$0$4,656,204
64$6,562,736$0$0$5,032,729
65$7,097,827$0$0$5,444,561
66$7,683,266$0$0$5,895,201
67$8,324,056$0$0$6,388,509
68$9,025,705$0$0$6,928,732
69$9,794,279$0$0$7,520,548
70$10,636,458$0$0$8,169,110
71$11,559,598$0$0$8,880,092
72$12,571,804$0$0$9,659,742
73$13,681,997$0$0$10,514,944
74$14,900,009$0$0$11,453,278
75$16,236,664$0$0$12,483,096
76$17,703,890$0$0$13,613,595
77$19,314,821$0$0$14,854,907
78$21,083,929$0$0$16,218,194
79$23,027,155$0$0$17,715,751
80$25,162,059$0$0$19,361,122
81$27,507,986$0$0$21,169,230
82$30,086,248$0$0$23,156,514
83$32,920,326$0$0$25,341,082
84$36,036,086$0$0$27,742,889
85$39,462,026$0$0$30,383,916
86$43,229,546$0$0$33,288,383
87$47,373,238$0$0$36,482,972
88$51,931,217$0$0$39,997,083
89$56,945,475$0$0$43,863,109
90$62,462,282$0$0$48,116,738
91$68,532,617$0$0$52,797,294
92$75,212,651$0$0$57,948,106
93$82,564,273$0$0$63,616,913
94$90,655,679$0$0$69,856,318
95$99,562,009$0$0$76,724,284
96$109,366,056$0$0$84,284,674
97$120,159,052$0$0$92,607,861
98$132,041,519$0$0$101,771,387
99$145,124,225$0$0$111,860,695
100$159,529,222$0$0$122,969,934