Can I retire at age 35 with 956,000?

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 $956,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12%
1 years$78,946$78,242$77,556$76,887$76,233$75,594
2 years$39,082$38,354$37,649$36,965$36,301$35,658
3 years$25,796$25,065$24,361$23,684$23,031$22,402
4 years$19,154$18,425$17,729$17,063$16,426$15,817
5 years$15,170$14,446$13,758$13,106$12,487$11,899
6 years$12,515$11,796$11,119$10,481$9,880$9,315
7 years$10,619$9,906$9,240$8,617$8,035$7,493
8 years$9,198$8,491$7,836$7,228$6,666$6,146
9 years$8,093$7,393$6,749$6,157$5,614$5,116
10 years$7,210$6,517$5,884$5,307$4,783$4,308
11 years$6,488$5,802$5,180$4,619$4,114$3,660
12 years$5,886$5,207$4,597$4,052$3,565$3,132
13 years$5,378$4,706$4,107$3,577$3,109$2,697
14 years$4,942$4,277$3,691$3,175$2,725$2,334
15 years$4,565$3,908$3,332$2,832$2,399$2,028
16 years$4,235$3,585$3,021$2,535$2,121$1,768
17 years$3,945$3,302$2,749$2,278$1,880$1,546
18 years$3,687$3,051$2,509$2,053$1,672$1,356
19 years$3,456$2,828$2,297$1,855$1,490$1,192
20 years$3,249$2,628$2,108$1,680$1,331$1,049
21 years$3,062$2,447$1,939$1,525$1,191$925
22 years$2,892$2,285$1,787$1,386$1,068$817
23 years$2,737$2,137$1,650$1,263$958$723
24 years$2,595$2,002$1,526$1,152$861$640
25 years$2,465$1,879$1,414$1,052$775$567
26 years$2,345$1,766$1,311$962$698$503
27 years$2,234$1,662$1,217$880$630$446
28 years$2,131$1,566$1,132$806$568$396
29 years$2,035$1,477$1,053$740$513$352
30 years$1,946$1,395$981$679$463$313
31 years$1,863$1,319$915$623$419$279
32 years$1,785$1,248$853$573$379$248
33 years$1,712$1,182$797$527$343$221
34 years$1,644$1,120$744$485$311$197
35 years$1,579$1,062$696$446$281$175
36 years$1,518$1,008$651$411$255$156
37 years$1,461$958$609$379$231$139
38 years$1,407$910$571$349$209$124
39 years$1,356$865$535$322$190$111
40 years$1,307$823$501$297$172$99
41 years$1,261$784$470$274$156$88
42 years$1,217$746$441$253$142$78
43 years$1,175$711$414$233$129$70
44 years$1,136$678$388$215$117$62
45 years$1,098$646$365$199$106$56
46 years$1,062$617$342$184$96$50
47 years$1,028$589$322$170$87$44
48 years$995$562$302$157$79$40
49 years$963$537$284$145$72$35
50 years$933$513$267$134$65$31

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $956,000, adding $4,867 every year, while hoping to spend $29,509 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: 77/15/8 Blend
34$956,000$956,000$956,000$956,000
35$1,058,532$1,007,864$993,046$1,138,455
36$1,135,105$1,025,852$994,916$1,209,641
37$1,218,500$1,043,733$995,859$1,283,383
38$1,309,380$1,061,469$995,814$1,363,376
39$1,408,478$1,079,022$994,715$1,450,229
40$1,516,598$1,096,350$992,494$1,544,613
41$1,634,628$1,113,407$989,078$1,647,266
42$1,763,541$1,130,145$984,394$1,759,002
43$1,904,412$1,146,512$978,361$1,880,719
44$2,058,423$1,162,452$970,897$2,013,404
45$2,226,875$1,177,906$961,915$2,158,144
46$2,411,203$1,192,810$951,325$2,316,138
47$2,612,983$1,207,095$939,032$2,488,707
48$2,833,953$1,220,689$924,936$2,677,307
49$3,076,028$1,233,514$908,933$2,883,538
50$3,341,314$1,245,487$890,913$3,109,170
51$3,632,132$1,256,520$870,763$3,356,146
52$3,951,040$1,266,519$848,364$3,626,612
53$4,300,851$1,275,384$823,589$3,922,931
54$4,684,667$1,283,007$796,308$4,247,707
55$5,105,904$1,289,276$766,386$4,603,809
56$5,568,324$1,294,068$733,678$4,994,399
57$6,076,073$1,297,257$698,035$5,422,961
58$6,633,714$1,298,705$659,302$5,893,336
59$7,246,279$1,298,267$617,314$6,409,754
60$7,919,306$1,295,789$571,901$6,976,879
61$8,658,901$1,291,108$522,885$7,599,850
62$9,471,786$1,284,050$470,079$8,284,329
63$10,365,371$1,274,431$413,289$9,036,559
64$11,347,816$1,262,056$352,312$9,863,417
65$12,428,114$1,246,717$286,935$10,772,483
66$13,616,172$1,228,196$216,937$11,772,110
67$14,922,903$1,206,259$142,087$12,871,506
68$16,360,334$1,180,661$62,142$14,080,815
69$17,941,715$1,151,140$0$15,411,219
70$19,681,645$1,117,421$0$16,877,020
71$21,596,208$1,079,210$0$18,495,608
72$23,703,129$1,036,199$0$20,276,664
73$26,021,935$988,059$0$22,236,706
74$28,574,143$934,445$0$24,393,939
75$31,383,463$874,990$0$26,768,423
76$34,476,018$809,306$0$29,382,264
77$37,880,594$736,985$0$32,259,823
78$41,628,909$657,592$0$35,427,947
79$45,755,915$570,671$0$38,916,221
80$50,300,122$475,737$0$42,757,246
81$55,303,967$372,281$0$46,986,953
82$60,814,210$259,761$0$51,644,934
83$66,882,380$137,610$0$56,774,822
84$73,565,254$5,224$0$62,424,702
85$80,925,399$0$0$68,647,564
86$89,031,758$0$0$75,524,587
87$97,960,303$0$0$83,100,108
88$107,794,749$0$0$91,444,301
89$118,627,348$0$0$100,635,442
90$130,559,754$0$0$110,759,791
91$143,703,986$0$0$121,912,398
92$158,183,485$0$0$134,198,008
93$174,134,276$0$0$147,732,041
94$191,706,254$0$0$162,641,690
95$211,064,598$0$0$179,067,114
96$232,391,329$0$0$197,162,764
97$255,887,027$0$0$217,098,841
98$281,772,728$0$0$239,062,901
99$310,292,005$0$0$263,261,623
100$341,713,270$0$0$289,922,766