Can I retire at age 35 with 960,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $960,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.8%
1 years$79,276$78,570$77,881$77,208$76,552$74,131
2 years$39,245$38,515$37,806$37,119$36,453$34,036
3 years$25,904$25,170$24,463$23,783$23,127$20,790
4 years$19,234$18,502$17,803$17,134$16,495$14,255
5 years$15,234$14,506$13,816$13,161$12,539$10,403
6 years$12,567$11,845$11,165$10,525$9,922$7,891
7 years$10,664$9,948$9,278$8,653$8,069$6,143
8 years$9,236$8,527$7,869$7,259$6,694$4,872
9 years$8,127$7,424$6,777$6,183$5,637$3,918
10 years$7,240$6,544$5,909$5,330$4,803$3,183
11 years$6,515$5,826$5,202$4,638$4,131$2,607
12 years$5,911$5,229$4,617$4,068$3,580$2,149
13 years$5,400$4,725$4,125$3,592$3,122$1,780
14 years$4,963$4,295$3,706$3,188$2,736$1,481
15 years$4,584$3,924$3,346$2,844$2,409$1,236
16 years$4,253$3,600$3,034$2,546$2,129$1,035
17 years$3,961$3,316$2,760$2,288$1,888$868
18 years$3,702$3,064$2,520$2,062$1,679$730
19 years$3,471$2,839$2,307$1,863$1,496$614
20 years$3,263$2,639$2,117$1,687$1,337$518
21 years$3,075$2,458$1,947$1,531$1,196$437
22 years$2,904$2,294$1,795$1,392$1,072$369
23 years$2,748$2,146$1,657$1,268$962$312
24 years$2,606$2,010$1,533$1,156$865$264
25 years$2,475$1,887$1,420$1,056$778$223
26 years$2,354$1,773$1,317$966$701$189
27 years$2,243$1,669$1,223$884$632$160
28 years$2,140$1,572$1,136$810$570$136
29 years$2,044$1,483$1,058$743$515$115
30 years$1,954$1,401$985$682$465$98
31 years$1,871$1,324$918$626$421$83
32 years$1,792$1,253$857$575$381$70
33 years$1,719$1,187$800$529$344$60
34 years$1,650$1,125$748$487$312$50
35 years$1,586$1,067$699$448$282$43
36 years$1,525$1,013$654$413$256$36
37 years$1,467$962$612$380$232$31
38 years$1,413$914$573$350$210$26
39 years$1,361$869$537$323$191$22
40 years$1,312$827$503$298$173$19
41 years$1,266$787$472$275$157$16
42 years$1,222$750$443$254$142$14
43 years$1,180$714$415$234$129$12
44 years$1,141$681$390$216$117$10
45 years$1,103$649$366$200$106$8
46 years$1,067$619$344$185$97$7
47 years$1,032$591$323$170$88$6
48 years$999$564$304$158$80$5
49 years$967$539$285$146$72$4
50 years$937$515$268$135$66$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $960,000, adding $6,354 every year, while hoping to spend $28,626 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: 45/47/8 Blend
34$960,000$960,000$960,000$960,000
35$1,064,474$1,013,594$998,714$1,109,709
36$1,142,593$1,032,802$1,001,713$1,160,817
37$1,227,720$1,051,992$1,003,853$1,212,739
38$1,320,540$1,071,133$1,005,076$1,268,377
39$1,421,808$1,090,191$1,005,318$1,328,085
40$1,532,351$1,109,130$1,004,515$1,392,250
41$1,653,084$1,127,910$1,002,600$1,461,300
42$1,785,012$1,146,491$999,500$1,535,707
43$1,929,240$1,164,826$995,140$1,615,992
44$2,086,988$1,182,867$989,442$1,702,729
45$2,259,596$1,200,563$982,324$1,796,549
46$2,448,542$1,217,858$973,699$1,898,152
47$2,655,452$1,234,692$963,477$2,008,307
48$2,882,118$1,251,001$951,563$2,127,863
49$3,130,511$1,266,718$937,858$2,257,757
50$3,402,805$1,281,769$922,257$2,399,021
51$3,701,392$1,296,076$904,653$2,552,794
52$4,028,906$1,309,556$884,932$2,720,334
53$4,388,251$1,322,121$862,974$2,903,025
54$4,782,625$1,333,677$838,655$3,102,398
55$5,215,547$1,344,121$811,845$3,320,137
56$5,690,898$1,353,348$782,407$3,558,103
57$6,212,951$1,361,244$750,198$3,818,346
58$6,786,412$1,367,686$715,071$4,103,129
59$7,416,469$1,372,545$676,869$4,414,948
60$8,108,834$1,375,684$635,429$4,756,553
61$8,869,800$1,376,958$590,581$5,130,981
62$9,706,302$1,376,211$542,147$5,541,578
63$10,625,978$1,373,279$489,942$5,992,037
64$11,637,244$1,367,986$433,772$6,486,429
65$12,749,373$1,360,147$373,433$7,029,244
66$13,972,581$1,349,566$308,715$7,625,434
67$15,318,123$1,336,034$239,396$8,280,460
68$16,798,402$1,319,330$165,246$9,000,343
69$18,427,080$1,299,218$86,023$9,791,724
70$20,219,214$1,275,451$1,476$10,661,927
71$22,191,391$1,247,766$0$11,619,025
72$24,361,890$1,215,883$0$12,679,498
73$26,750,849$1,179,508$0$13,846,217
74$29,380,459$1,138,328$0$15,129,904
75$32,275,173$1,092,012$0$16,542,523
76$35,461,930$1,040,211$0$18,097,261
77$38,970,420$982,554$0$19,808,658
78$42,833,354$918,651$0$21,692,743
79$47,086,778$848,086$0$23,767,186
80$51,770,411$770,424$0$26,051,469
81$56,928,018$685,200$0$28,567,067
82$62,607,828$591,927$0$31,337,655
83$68,862,983$490,088$0$34,389,333
84$75,752,042$379,136$0$37,750,869
85$83,339,533$258,497$0$41,453,980
86$91,696,564$127,562$0$45,533,628
87$100,901,488$0$0$50,028,351
88$111,040,648$0$0$54,988,035
89$122,209,189$0$0$60,524,089
90$134,511,958$0$0$66,622,529
91$148,064,488$0$0$73,340,647
92$162,994,093$0$0$80,741,576
93$179,441,070$0$0$88,894,885
94$197,560,018$0$0$97,877,238
95$217,521,301$0$0$107,773,116
96$239,512,656$0$0$118,675,614
97$263,740,960$0$0$130,687,321
98$290,434,189$0$0$143,921,286
99$319,843,565$0$0$158,502,087
100$352,245,926$0$0$174,567,005