Can I retire at age 35 with 960,000?

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 $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%19.4%
1 years$79,276$78,570$77,881$77,208$76,552$73,660
2 years$39,245$38,515$37,806$37,119$36,453$33,573
3 years$25,904$25,170$24,463$23,783$23,127$20,350
4 years$19,234$18,502$17,803$17,134$16,495$13,841
5 years$15,234$14,506$13,816$13,161$12,539$10,016
6 years$12,567$11,845$11,165$10,525$9,922$7,531
7 years$10,664$9,948$9,278$8,653$8,069$5,810
8 years$9,236$8,527$7,869$7,259$6,694$4,564
9 years$8,127$7,424$6,777$6,183$5,637$3,634
10 years$7,240$6,544$5,909$5,330$4,803$2,923
11 years$6,515$5,826$5,202$4,638$4,131$2,369
12 years$5,911$5,229$4,617$4,068$3,580$1,932
13 years$5,400$4,725$4,125$3,592$3,122$1,583
14 years$4,963$4,295$3,706$3,188$2,736$1,303
15 years$4,584$3,924$3,346$2,844$2,409$1,075
16 years$4,253$3,600$3,034$2,546$2,129$890
17 years$3,961$3,316$2,760$2,288$1,888$738
18 years$3,702$3,064$2,520$2,062$1,679$613
19 years$3,471$2,839$2,307$1,863$1,496$510
20 years$3,263$2,639$2,117$1,687$1,337$424
21 years$3,075$2,458$1,947$1,531$1,196$354
22 years$2,904$2,294$1,795$1,392$1,072$295
23 years$2,748$2,146$1,657$1,268$962$246
24 years$2,606$2,010$1,533$1,156$865$206
25 years$2,475$1,887$1,420$1,056$778$172
26 years$2,354$1,773$1,317$966$701$144
27 years$2,243$1,669$1,223$884$632$120
28 years$2,140$1,572$1,136$810$570$100
29 years$2,044$1,483$1,058$743$515$84
30 years$1,954$1,401$985$682$465$70
31 years$1,871$1,324$918$626$421$59
32 years$1,792$1,253$857$575$381$49
33 years$1,719$1,187$800$529$344$41
34 years$1,650$1,125$748$487$312$35
35 years$1,586$1,067$699$448$282$29
36 years$1,525$1,013$654$413$256$24
37 years$1,467$962$612$380$232$20
38 years$1,413$914$573$350$210$17
39 years$1,361$869$537$323$191$14
40 years$1,312$827$503$298$173$12
41 years$1,266$787$472$275$157$10
42 years$1,222$750$443$254$142$8
43 years$1,180$714$415$234$129$7
44 years$1,141$681$390$216$117$6
45 years$1,103$649$366$200$106$5
46 years$1,067$619$344$185$97$4
47 years$1,032$591$323$170$88$3
48 years$999$564$304$158$80$3
49 years$967$539$285$146$72$2
50 years$937$515$268$135$66$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $960,000, adding $4,869 every year, while hoping to spend $23,876 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: 69/6/25 Blend
34$960,000$960,000$960,000$960,000
35$1,062,942$1,012,062$997,182$1,129,176
36$1,145,959$1,036,250$1,005,184$1,198,375
37$1,236,642$1,060,822$1,012,654$1,270,871
38$1,335,750$1,085,772$1,019,548$1,349,650
39$1,444,116$1,111,094$1,025,822$1,435,334
40$1,562,656$1,136,779$1,031,428$1,528,606
41$1,692,382$1,162,816$1,036,315$1,630,223
42$1,834,406$1,189,194$1,040,432$1,741,015
43$1,989,952$1,215,901$1,043,723$1,861,899
44$2,160,369$1,242,923$1,046,131$1,993,885
45$2,347,143$1,270,243$1,047,593$2,138,085
46$2,551,911$1,297,843$1,048,046$2,295,727
47$2,776,473$1,325,705$1,047,423$2,468,162
48$3,022,816$1,353,807$1,045,654$2,656,879
49$3,293,124$1,382,124$1,042,664$2,863,521
50$3,589,806$1,410,632$1,038,377$3,089,896
51$3,915,514$1,439,301$1,032,711$3,338,000
52$4,273,171$1,468,101$1,025,580$3,610,029
53$4,665,994$1,496,997$1,016,897$3,908,406
54$5,097,529$1,525,954$1,006,567$4,235,801
55$5,571,682$1,554,931$994,492$4,595,156
56$6,092,756$1,583,885$980,570$4,989,714
57$6,665,492$1,612,770$964,694$5,423,048
58$7,295,112$1,641,536$946,751$5,899,099
59$7,987,371$1,670,128$926,624$6,422,207
60$8,748,606$1,698,488$904,190$6,997,157
61$9,585,803$1,726,553$879,319$7,629,223
62$10,506,657$1,754,256$851,878$8,324,217
63$11,519,645$1,781,524$821,725$9,088,545
64$12,634,109$1,808,279$788,713$9,929,267
65$13,860,342$1,834,438$752,689$10,854,164
66$15,209,683$1,859,912$713,490$11,871,812
67$16,694,628$1,884,605$670,950$12,991,663
68$18,328,945$1,908,415$624,891$14,224,134
69$20,127,803$1,931,233$575,131$15,580,705
70$22,107,918$1,952,943$521,476$17,074,030
71$24,287,707$1,973,418$463,728$18,718,054
72$26,687,466$1,992,528$401,675$20,528,146
73$29,329,556$2,010,131$335,099$22,521,245
74$32,238,618$2,026,074$263,773$24,716,018
75$35,441,804$2,040,199$187,456$27,133,039
76$38,969,032$2,052,333$105,900$29,794,984
77$42,853,271$2,062,296$18,846$32,726,842
78$47,130,849$2,069,892$0$35,956,154
79$51,841,795$2,074,917$0$39,533,028
80$57,030,222$2,077,151$0$43,477,808
81$62,744,736$2,076,363$0$47,822,406
82$69,038,899$2,072,305$0$52,607,536
83$75,971,734$2,064,715$0$57,878,059
84$83,608,281$2,053,316$0$63,683,411
85$92,020,209$2,037,812$0$70,078,071
86$101,286,497$2,017,891$0$77,122,071
87$111,494,173$1,993,221$0$84,881,565
88$122,739,140$1,963,451$0$93,429,451
89$135,127,080$1,928,207$0$102,846,066
90$148,774,449$1,887,096$0$113,219,933
91$163,809,578$1,839,699$0$124,648,606
92$180,373,885$1,785,574$0$137,239,589
93$198,623,206$1,724,252$0$151,111,345
94$218,729,271$1,655,238$0$166,394,423
95$240,881,318$1,578,007$0$183,232,682
96$265,287,887$1,492,004$0$201,784,654
97$292,178,782$1,396,642$0$222,225,041
98$321,807,240$1,291,300$0$244,746,361
99$354,452,328$1,175,323$0$269,560,766
100$390,421,568$1,048,016$0$296,902,046