Can I retire at age 35 with 958,000?

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 $958,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.6%
1 years$79,111$78,406$77,719$77,048$76,392$73,448
2 years$39,164$38,434$37,727$37,042$36,377$33,446
3 years$25,850$25,117$24,412$23,733$23,079$20,254
4 years$19,194$18,464$17,766$17,098$16,460$13,762
5 years$15,202$14,476$13,787$13,133$12,513$9,948
6 years$12,541$11,821$11,142$10,503$9,901$7,472
7 years$10,641$9,927$9,259$8,635$8,052$5,757
8 years$9,217$8,509$7,852$7,244$6,680$4,518
9 years$8,110$7,409$6,763$6,170$5,626$3,593
10 years$7,225$6,531$5,896$5,319$4,793$2,886
11 years$6,501$5,814$5,191$4,629$4,122$2,336
12 years$5,898$5,218$4,607$4,060$3,572$1,903
13 years$5,389$4,716$4,116$3,584$3,115$1,557
14 years$4,952$4,286$3,698$3,182$2,731$1,279
15 years$4,575$3,916$3,339$2,838$2,404$1,054
16 years$4,244$3,593$3,027$2,541$2,125$871
17 years$3,953$3,309$2,755$2,283$1,884$721
18 years$3,695$3,057$2,515$2,057$1,675$598
19 years$3,464$2,833$2,302$1,859$1,493$497
20 years$3,256$2,633$2,113$1,684$1,334$413
21 years$3,068$2,453$1,943$1,528$1,194$344
22 years$2,898$2,289$1,791$1,389$1,070$286
23 years$2,743$2,141$1,654$1,265$960$239
24 years$2,600$2,006$1,529$1,154$863$199
25 years$2,470$1,883$1,417$1,054$777$166
26 years$2,350$1,769$1,314$964$700$138
27 years$2,238$1,665$1,220$882$631$116
28 years$2,135$1,569$1,134$808$569$97
29 years$2,039$1,480$1,055$741$514$81
30 years$1,950$1,398$983$680$464$67
31 years$1,867$1,322$916$625$420$56
32 years$1,789$1,250$855$574$380$47
33 years$1,716$1,184$798$528$344$39
34 years$1,647$1,122$746$486$311$33
35 years$1,582$1,065$697$447$282$27
36 years$1,522$1,010$652$412$255$23
37 years$1,464$960$611$379$231$19
38 years$1,410$912$572$350$210$16
39 years$1,358$867$536$322$190$13
40 years$1,310$825$502$297$173$11
41 years$1,264$785$471$274$157$9
42 years$1,220$748$442$253$142$8
43 years$1,178$713$414$234$129$7
44 years$1,138$679$389$216$117$5
45 years$1,100$648$365$199$106$5
46 years$1,064$618$343$184$96$4
47 years$1,030$590$322$170$88$3
48 years$997$563$303$157$80$3
49 years$965$538$285$145$72$2
50 years$935$514$268$134$66$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $958,000, adding $3,101 every year, while hoping to spend $29,459 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: 84/8/8 Blend
34$958,000$958,000$958,000$958,000
35$1,058,915$1,008,141$993,292$1,146,649
36$1,135,580$1,026,195$995,223$1,222,479
37$1,219,077$1,044,148$996,231$1,301,452
38$1,310,073$1,061,961$996,255$1,387,276
39$1,409,300$1,079,596$995,229$1,480,621
40$1,517,565$1,097,013$993,085$1,582,224
41$1,635,755$1,114,164$989,752$1,692,897
42$1,764,847$1,131,004$985,154$1,813,534
43$1,905,917$1,147,479$979,212$1,945,121
44$2,060,150$1,163,534$971,845$2,088,743
45$2,228,849$1,179,112$962,966$2,245,594
46$2,413,451$1,194,147$952,484$2,416,991
47$2,615,535$1,208,572$940,304$2,604,384
48$2,836,843$1,222,316$926,328$2,809,371
49$3,079,292$1,235,300$910,451$3,033,710
50$3,344,993$1,247,443$892,564$3,279,341
51$3,636,271$1,258,657$872,554$3,548,399
52$3,955,688$1,268,848$850,302$3,843,237
53$4,306,064$1,277,917$825,682$4,166,448
54$4,690,504$1,285,757$798,565$4,520,887
55$5,112,433$1,292,256$768,814$4,909,703
56$5,575,618$1,297,294$736,286$5,336,362
57$6,084,212$1,300,742$700,833$5,804,685
58$6,642,789$1,302,466$662,298$6,318,882
59$7,256,388$1,302,321$620,519$6,883,591
60$7,930,559$1,300,154$575,326$7,503,925
61$8,671,416$1,295,802$526,540$8,185,515
62$9,485,698$1,289,093$473,976$8,934,568
63$10,380,824$1,279,845$417,440$9,757,922
64$11,364,973$1,267,861$356,728$10,663,114
65$12,447,152$1,252,938$291,630$11,658,448
66$13,637,286$1,234,856$221,924$12,753,074
67$14,946,310$1,213,385$147,380$13,957,078
68$16,386,272$1,188,280$67,756$15,281,570
69$17,970,447$1,159,281$0$16,738,797
70$19,713,460$1,126,113$0$18,343,722
71$21,631,426$1,088,486$0$20,116,015
72$23,742,101$1,046,091$0$22,066,295
73$26,065,050$998,604$0$24,212,646
74$28,621,829$945,679$0$26,574,994
75$31,436,190$886,953$0$29,175,295
76$34,534,308$822,040$0$32,037,744
77$37,945,019$750,532$0$35,189,003
78$41,700,102$671,998$0$38,658,451
79$45,834,571$585,985$0$42,478,463
80$50,387,009$492,010$0$46,684,714
81$55,399,931$389,565$0$51,316,515
82$60,920,185$278,115$0$56,417,189
83$66,999,392$157,091$0$62,034,473
84$73,694,437$25,896$0$68,220,973
85$81,068,002$0$0$75,034,660
86$89,189,157$0$0$82,549,636
87$98,134,016$0$0$90,829,366
88$107,986,447$0$0$99,949,209
89$118,838,874$0$0$109,994,715
90$130,793,140$0$0$121,060,160
91$143,961,471$0$0$133,249,429
92$158,467,535$0$0$146,676,999
93$174,447,611$0$0$161,469,019
94$192,051,871$0$0$177,764,500
95$211,445,799$0$0$195,716,628
96$232,811,754$0$0$215,494,208
97$256,350,689$0$0$237,283,258
98$282,284,048$0$0$261,288,762
99$310,855,855$0$0$287,736,610
100$342,335,019$0$0$316,875,726