Can I retire at age 35 with 957,000?

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 $957,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.2%
1 years$79,028$78,324$77,637$76,967$76,313$75,610
2 years$39,123$38,394$37,688$37,003$36,339$35,631
3 years$25,823$25,091$24,387$23,708$23,055$22,364
4 years$19,174$18,445$17,747$17,081$16,443$15,774
5 years$15,186$14,461$13,773$13,120$12,500$11,855
6 years$12,528$11,808$11,130$10,492$9,891$9,270
7 years$10,630$9,917$9,249$8,626$8,044$7,448
8 years$9,208$8,500$7,844$7,236$6,673$6,103
9 years$8,102$7,401$6,756$6,164$5,620$5,074
10 years$7,217$6,524$5,890$5,313$4,788$4,267
11 years$6,494$5,808$5,186$4,624$4,118$3,621
12 years$5,892$5,213$4,602$4,056$3,569$3,095
13 years$5,383$4,711$4,112$3,581$3,112$2,661
14 years$4,947$4,282$3,694$3,178$2,728$2,300
15 years$4,570$3,912$3,336$2,835$2,402$1,996
16 years$4,240$3,589$3,024$2,538$2,123$1,738
17 years$3,949$3,305$2,752$2,280$1,882$1,518
18 years$3,691$3,054$2,512$2,055$1,674$1,329
19 years$3,460$2,831$2,300$1,857$1,492$1,166
20 years$3,253$2,630$2,111$1,682$1,332$1,025
21 years$3,065$2,450$1,941$1,526$1,192$903
22 years$2,895$2,287$1,789$1,388$1,069$796
23 years$2,740$2,139$1,652$1,264$959$703
24 years$2,598$2,004$1,528$1,153$862$621
25 years$2,467$1,881$1,415$1,053$776$550
26 years$2,347$1,768$1,312$963$699$487
27 years$2,236$1,663$1,219$881$630$432
28 years$2,133$1,568$1,133$807$569$383
29 years$2,037$1,479$1,054$740$513$340
30 years$1,948$1,397$982$679$464$301
31 years$1,865$1,320$916$624$419$268
32 years$1,787$1,249$854$573$379$238
33 years$1,714$1,183$798$527$343$211
34 years$1,645$1,121$745$485$311$188
35 years$1,581$1,063$697$447$282$167
36 years$1,520$1,009$652$411$255$149
37 years$1,463$959$610$379$231$132
38 years$1,408$911$571$349$210$118
39 years$1,357$866$535$322$190$105
40 years$1,308$824$502$297$172$93
41 years$1,262$785$470$274$156$83
42 years$1,218$747$441$253$142$74
43 years$1,177$712$414$234$129$66
44 years$1,137$679$389$216$117$59
45 years$1,099$647$365$199$106$52
46 years$1,063$617$343$184$96$46
47 years$1,029$589$322$170$88$41
48 years$996$562$303$157$79$37
49 years$964$537$284$145$72$33
50 years$934$513$267$134$66$29

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $957,000, adding $2,141 every year, while hoping to spend $23,852 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: 59/31/10 Blend
34$957,000$957,000$957,000$957,000
35$1,056,822$1,006,101$991,268$1,116,573
36$1,139,240$1,030,022$999,097$1,180,918
37$1,229,265$1,054,315$1,006,389$1,248,167
38$1,327,647$1,078,974$1,013,101$1,320,911
39$1,435,214$1,103,991$1,019,187$1,399,680
40$1,552,876$1,129,357$1,024,599$1,485,058
41$1,681,634$1,155,060$1,029,288$1,577,689
42$1,822,592$1,181,089$1,033,200$1,678,279
43$1,976,965$1,207,430$1,036,281$1,787,609
44$2,146,090$1,234,070$1,038,471$1,906,538
45$2,331,442$1,260,989$1,039,710$2,036,013
46$2,534,642$1,288,172$1,039,934$2,177,076
47$2,757,479$1,315,596$1,039,076$2,330,875
48$3,001,921$1,343,239$1,037,064$2,498,676
49$3,270,137$1,371,077$1,033,825$2,681,874
50$3,564,513$1,399,083$1,029,281$2,882,003
51$3,887,683$1,427,226$1,023,350$3,100,758
52$4,242,542$1,455,476$1,015,949$3,340,002
53$4,632,284$1,483,797$1,006,986$3,601,791
54$5,060,426$1,512,152$996,368$3,888,390
55$5,530,840$1,540,499$983,998$4,202,294
56$6,047,796$1,568,793$969,772$4,546,253
57$6,615,995$1,596,988$953,583$4,923,297
58$7,240,617$1,625,031$935,318$5,336,766
59$7,927,369$1,652,866$914,860$5,790,340
60$8,682,538$1,680,434$892,086$6,288,075
61$9,513,052$1,707,670$866,865$6,834,441
62$10,426,542$1,734,504$839,064$7,434,364
63$11,431,417$1,760,863$808,541$8,093,272
64$12,536,943$1,786,667$775,148$8,817,148
65$13,753,328$1,811,830$738,732$9,612,586
66$15,091,818$1,836,261$699,131$10,486,853
67$16,564,808$1,859,862$656,176$11,447,956
68$18,185,952$1,882,529$609,691$12,504,723
69$19,970,296$1,904,149$559,493$13,666,880
70$21,934,418$1,924,605$505,388$14,945,148
71$24,096,586$1,943,768$447,176$16,351,343
72$26,476,928$1,961,503$384,646$17,898,485
73$29,097,623$1,977,665$317,581$19,600,925
74$31,983,111$1,992,101$245,750$21,474,481
75$35,160,321$2,004,647$168,915$23,536,583
76$38,658,927$2,015,127$86,827$25,806,441
77$42,511,626$2,023,358$0$28,305,230
78$46,754,450$2,029,140$0$31,056,365
79$51,427,101$2,032,265$0$34,095,373
80$56,573,329$2,032,509$0$37,441,352
81$62,241,342$2,029,636$0$41,125,570
82$68,484,266$2,023,395$0$45,182,485
83$75,360,638$2,013,519$0$49,650,071
84$82,934,966$1,999,724$0$54,570,177
85$91,278,334$1,981,711$0$59,988,922
86$100,469,070$1,959,162$0$65,957,133
87$110,593,493$1,931,738$0$72,530,819
88$121,746,719$1,899,083$0$79,771,709
89$134,033,564$1,860,817$0$87,747,827
90$147,569,530$1,816,540$0$96,534,142
91$162,481,898$1,765,827$0$106,213,268
92$178,910,927$1,708,227$0$116,876,255
93$197,011,176$1,643,265$0$128,623,438
94$216,952,968$1,570,437$0$141,565,394
95$238,923,992$1,489,209$0$155,823,981
96$263,131,077$1,399,019$0$171,533,492
97$289,802,146$1,299,270$0$188,841,924
98$319,188,363$1,189,332$0$207,912,373
99$351,566,505$1,068,539$0$228,924,578
100$387,241,577$936,186$0$252,076,617