Can I retire at age 35 with 961,000?

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 $961,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.6%
1 years$79,358$78,652$77,962$77,289$76,631$75,486
2 years$39,286$38,555$37,846$37,158$36,491$35,340
3 years$25,931$25,196$24,489$23,808$23,152$22,030
4 years$19,254$18,522$17,821$17,152$16,512$15,429
5 years$15,249$14,521$13,830$13,174$12,552$11,511
6 years$12,580$11,858$11,177$10,536$9,932$8,934
7 years$10,675$9,958$9,288$8,662$8,077$7,122
8 years$9,246$8,536$7,877$7,266$6,701$5,789
9 years$8,135$7,432$6,784$6,189$5,643$4,773
10 years$7,248$6,551$5,915$5,335$4,808$3,980
11 years$6,522$5,832$5,207$4,643$4,135$3,348
12 years$5,917$5,234$4,621$4,073$3,584$2,837
13 years$5,406$4,730$4,129$3,596$3,125$2,417
14 years$4,968$4,300$3,710$3,192$2,739$2,069
15 years$4,589$3,928$3,349$2,847$2,412$1,779
16 years$4,258$3,604$3,037$2,549$2,132$1,534
17 years$3,966$3,319$2,763$2,290$1,890$1,327
18 years$3,706$3,067$2,523$2,064$1,681$1,150
19 years$3,474$2,842$2,309$1,865$1,498$999
20 years$3,266$2,641$2,119$1,689$1,338$869
21 years$3,078$2,460$1,949$1,533$1,197$757
22 years$2,907$2,297$1,797$1,394$1,073$661
23 years$2,751$2,148$1,659$1,269$963$577
24 years$2,609$2,012$1,534$1,158$866$505
25 years$2,478$1,889$1,421$1,057$779$442
26 years$2,357$1,775$1,318$967$702$387
27 years$2,245$1,670$1,224$885$633$339
28 years$2,142$1,574$1,138$811$571$297
29 years$2,046$1,485$1,059$743$516$261
30 years$1,956$1,402$986$682$466$229
31 years$1,873$1,326$919$627$421$201
32 years$1,794$1,254$858$576$381$176
33 years$1,721$1,188$801$530$345$155
34 years$1,652$1,126$748$487$312$136
35 years$1,587$1,068$700$449$283$120
36 years$1,526$1,014$654$413$256$105
37 years$1,469$963$613$381$232$93
38 years$1,414$915$574$351$211$81
39 years$1,363$870$537$323$191$72
40 years$1,314$828$504$298$173$63
41 years$1,268$788$472$275$157$55
42 years$1,223$750$443$254$143$49
43 years$1,182$715$416$235$129$43
44 years$1,142$681$390$217$117$38
45 years$1,104$650$366$200$107$33
46 years$1,068$620$344$185$97$29
47 years$1,033$592$323$171$88$26
48 years$1,000$565$304$158$80$23
49 years$968$539$286$146$72$20
50 years$938$515$269$135$66$18

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $961,000, adding $2,704 every year, while hoping to spend $31,477 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: 70/17/13 Blend
34$961,000$961,000$961,000$961,000
35$1,061,811$1,010,878$995,983$1,132,932
36$1,136,625$1,026,920$995,857$1,196,537
37$1,218,014$1,042,693$994,672$1,262,063
38$1,306,617$1,058,150$992,359$1,332,949
39$1,403,135$1,073,243$988,846$1,409,717
40$1,508,340$1,087,917$984,057$1,492,943
41$1,623,082$1,102,116$977,914$1,583,262
42$1,748,295$1,115,778$970,333$1,681,373
43$1,885,009$1,128,839$961,228$1,788,047
44$2,034,358$1,141,230$950,506$1,904,133
45$2,197,587$1,152,876$938,074$2,030,569
46$2,376,072$1,163,697$923,830$2,168,385
47$2,571,323$1,173,611$907,670$2,318,720
48$2,785,007$1,182,526$889,485$2,482,827
49$3,018,955$1,190,347$869,161$2,662,087
50$3,275,187$1,196,973$846,576$2,858,025
51$3,555,926$1,202,295$821,607$3,072,318
52$3,863,621$1,206,197$794,121$3,306,818
53$4,200,968$1,208,559$763,981$3,563,565
54$4,570,937$1,209,248$731,045$3,844,807
55$4,976,799$1,208,128$695,161$4,153,023
56$5,422,157$1,205,050$656,174$4,490,945
57$5,910,980$1,199,861$613,919$4,861,585
58$6,447,639$1,192,394$568,224$5,268,264
59$7,036,951$1,182,473$518,912$5,714,640
60$7,684,219$1,169,914$465,795$6,204,747
61$8,395,288$1,154,518$408,678$6,743,033
62$9,176,595$1,136,077$347,356$7,334,398
63$10,035,233$1,114,370$281,617$7,984,247
64$10,979,014$1,089,161$211,239$8,698,534
65$12,016,547$1,060,204$135,989$9,483,824
66$13,157,315$1,027,234$55,625$10,347,353
67$14,411,766$989,974$0$11,297,099
68$15,791,412$948,129$0$12,346,033
69$17,308,936$901,387$0$13,508,173
70$18,978,312$849,419$0$14,786,514
71$20,814,936$791,876$0$16,192,872
72$22,835,771$728,390$0$17,740,266
73$25,059,510$658,571$0$19,443,045
74$27,506,746$582,008$0$21,317,022
75$30,200,173$498,265$0$23,379,625
76$33,164,792$406,881$0$25,650,059
77$36,428,155$307,373$0$28,149,488
78$40,020,619$199,226$0$30,901,240
79$43,975,633$81,899$0$33,931,020
80$48,330,055$0$0$37,267,157
81$53,124,499$0$0$40,949,326
82$58,403,716$0$0$45,020,741
83$64,217,020$0$0$49,504,119
84$70,618,749$0$0$54,441,377
85$77,668,779$0$0$59,878,702
86$85,433,090$0$0$65,866,989
87$93,984,388$0$0$72,462,323
88$103,402,786$0$0$79,726,503
89$113,776,570$0$0$87,727,629
90$125,203,020$0$0$96,540,745
91$137,789,337$0$0$106,248,543
92$151,653,650$0$0$116,942,146
93$166,926,132$0$0$128,721,969
94$183,750,226$0$0$141,698,663
95$202,284,004$0$0$155,994,162
96$222,701,652$0$0$171,742,832
97$245,195,117$0$0$189,092,741
98$269,975,920$0$0$208,207,052
99$297,277,147$0$0$229,265,570
100$327,355,656$0$0$252,466,430