Can I retire at age 35 with 955,000?

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 $955,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.8%
1 years$78,863$78,161$77,475$76,806$76,153$73,160
2 years$39,041$38,314$37,609$36,926$36,263$33,285
3 years$25,769$25,039$24,336$23,659$23,007$20,137
4 years$19,134$18,406$17,710$17,045$16,409$13,668
5 years$15,154$14,431$13,744$13,092$12,474$9,870
6 years$12,502$11,784$11,107$10,470$9,870$7,405
7 years$10,608$9,896$9,230$8,608$8,027$5,700
8 years$9,188$8,483$7,828$7,221$6,659$4,467
9 years$8,085$7,386$6,742$6,151$5,608$3,548
10 years$7,202$6,510$5,878$5,302$4,778$2,846
11 years$6,481$5,796$5,175$4,614$4,109$2,301
12 years$5,880$5,202$4,592$4,047$3,561$1,872
13 years$5,372$4,701$4,103$3,573$3,105$1,530
14 years$4,937$4,273$3,687$3,172$2,722$1,255
15 years$4,560$3,903$3,329$2,829$2,397$1,033
16 years$4,231$3,581$3,018$2,533$2,118$852
17 years$3,941$3,298$2,746$2,276$1,878$704
18 years$3,683$3,048$2,507$2,051$1,670$583
19 years$3,453$2,825$2,295$1,853$1,489$484
20 years$3,246$2,625$2,106$1,678$1,330$401
21 years$3,059$2,445$1,937$1,523$1,190$334
22 years$2,889$2,282$1,785$1,385$1,067$277
23 years$2,734$2,134$1,649$1,261$957$231
24 years$2,592$2,000$1,525$1,150$861$192
25 years$2,462$1,877$1,412$1,051$774$160
26 years$2,342$1,764$1,310$961$697$133
27 years$2,231$1,660$1,216$879$629$111
28 years$2,128$1,564$1,131$806$567$93
29 years$2,033$1,476$1,052$739$512$77
30 years$1,944$1,394$980$678$463$64
31 years$1,861$1,317$914$623$419$54
32 years$1,783$1,247$852$572$379$45
33 years$1,710$1,181$796$526$343$37
34 years$1,642$1,119$744$484$310$31
35 years$1,577$1,061$695$446$281$26
36 years$1,517$1,007$650$411$255$22
37 years$1,460$957$609$378$231$18
38 years$1,405$909$570$349$209$15
39 years$1,354$865$534$321$190$13
40 years$1,306$823$501$296$172$11
41 years$1,260$783$469$274$156$9
42 years$1,216$746$440$252$142$7
43 years$1,174$710$413$233$129$6
44 years$1,135$677$388$215$117$5
45 years$1,097$646$364$199$106$4
46 years$1,061$616$342$184$96$4
47 years$1,027$588$321$170$87$3
48 years$994$561$302$157$79$2
49 years$962$536$284$145$72$2
50 years$932$512$267$134$65$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $955,000, adding $5,106 every year, while hoping to spend $28,586 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: 65/22/13 Blend
34$955,000$955,000$955,000$955,000
35$1,057,677$1,007,062$992,259$1,122,910
36$1,135,145$1,025,993$995,085$1,186,054
37$1,219,556$1,044,893$997,047$1,251,221
38$1,311,589$1,063,731$998,086$1,321,712
39$1,411,990$1,082,473$998,141$1,398,045
40$1,521,581$1,101,081$997,146$1,480,791
41$1,641,265$1,119,517$995,033$1,570,580
42$1,772,038$1,137,738$991,731$1,668,105
43$1,914,996$1,155,697$987,164$1,774,131
44$2,071,345$1,173,346$981,254$1,889,500
45$2,242,414$1,190,631$973,918$2,015,140
46$2,429,665$1,207,498$965,069$2,152,075
47$2,634,710$1,223,884$954,618$2,301,432
48$2,859,321$1,239,725$942,469$2,464,455
49$3,105,453$1,254,953$928,522$2,642,513
50$3,375,257$1,269,493$912,675$2,837,116
51$3,671,101$1,283,266$894,818$3,049,929
52$3,995,596$1,296,189$874,837$3,282,787
53$4,351,616$1,308,171$852,613$3,537,711
54$4,742,326$1,319,117$828,021$3,816,932
55$5,171,215$1,328,925$800,931$4,122,905
56$5,642,123$1,337,487$771,207$4,458,339
57$6,159,283$1,344,686$738,705$4,826,220
58$6,727,355$1,350,401$703,277$5,229,839
59$7,351,474$1,354,501$664,766$5,672,822
60$8,037,299$1,356,845$623,010$6,159,169
61$8,791,061$1,357,289$577,839$6,693,286
62$9,619,627$1,355,673$529,074$7,280,032
63$10,530,560$1,351,832$476,529$7,924,763
64$11,532,196$1,345,590$420,011$8,633,380
65$12,633,714$1,336,759$359,316$9,412,391
66$13,845,233$1,325,140$294,233$10,268,968
67$15,177,897$1,310,522$224,540$11,211,016
68$16,643,987$1,292,682$150,006$12,247,249
69$18,257,033$1,271,383$70,392$13,387,273
70$20,031,945$1,246,375$0$14,641,674
71$21,985,146$1,217,391$0$16,024,144
72$24,134,738$1,184,150$0$17,556,075
73$26,500,662$1,146,353$0$19,241,909
74$29,104,892$1,103,687$0$21,097,312
75$31,971,640$1,055,817$0$23,139,552
76$35,127,584$1,002,389$0$25,387,655
77$38,602,123$943,031$0$27,862,593
78$42,427,647$877,347$0$30,587,477
79$46,639,850$804,921$0$33,587,777
80$51,278,063$725,309$0$36,891,563
81$56,385,623$638,047$0$40,529,771
82$62,010,285$542,640$0$44,536,495
83$68,204,673$438,569$0$48,949,306
84$75,026,773$325,282$0$53,809,614
85$82,540,482$202,199$0$59,163,054
86$90,816,210$68,705$0$65,059,918
87$99,931,545$0$0$71,555,634
88$109,971,984$0$0$78,729,646
89$121,031,742$0$0$86,650,387
90$133,214,638$0$0$95,375,589
91$146,635,076$0$0$104,987,198
92$161,419,123$0$0$115,575,514
93$177,705,702$0$0$127,240,047
94$195,647,900$0$0$140,090,451
95$215,414,413$0$0$154,247,562
96$237,191,138$0$0$169,844,536
97$261,182,930$0$0$187,028,109
98$287,615,531$0$0$205,959,979
99$316,737,704$0$0$226,818,332
100$348,823,577$0$0$249,799,525