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%18.6%
1 years$79,358$78,652$77,962$77,289$76,631$73,971
2 years$39,286$38,555$37,846$37,158$36,491$33,839
3 years$25,931$25,196$24,489$23,808$23,152$20,590
4 years$19,254$18,522$17,821$17,152$16,512$14,061
5 years$15,249$14,521$13,830$13,174$12,552$10,218
6 years$12,580$11,858$11,177$10,536$9,932$7,717
7 years$10,675$9,958$9,288$8,662$8,077$5,980
8 years$9,246$8,536$7,877$7,266$6,701$4,721
9 years$8,135$7,432$6,784$6,189$5,643$3,777
10 years$7,248$6,551$5,915$5,335$4,808$3,053
11 years$6,522$5,832$5,207$4,643$4,135$2,488
12 years$5,917$5,234$4,621$4,073$3,584$2,040
13 years$5,406$4,730$4,129$3,596$3,125$1,681
14 years$4,968$4,300$3,710$3,192$2,739$1,391
15 years$4,589$3,928$3,349$2,847$2,412$1,154
16 years$4,258$3,604$3,037$2,549$2,132$961
17 years$3,966$3,319$2,763$2,290$1,890$801
18 years$3,706$3,067$2,523$2,064$1,681$669
19 years$3,474$2,842$2,309$1,865$1,498$560
20 years$3,266$2,641$2,119$1,689$1,338$469
21 years$3,078$2,460$1,949$1,533$1,197$394
22 years$2,907$2,297$1,797$1,394$1,073$330
23 years$2,751$2,148$1,659$1,269$963$278
24 years$2,609$2,012$1,534$1,158$866$233
25 years$2,478$1,889$1,421$1,057$779$196
26 years$2,357$1,775$1,318$967$702$165
27 years$2,245$1,670$1,224$885$633$139
28 years$2,142$1,574$1,138$811$571$117
29 years$2,046$1,485$1,059$743$516$98
30 years$1,956$1,402$986$682$466$83
31 years$1,873$1,326$919$627$421$70
32 years$1,794$1,254$858$576$381$59
33 years$1,721$1,188$801$530$345$50
34 years$1,652$1,126$748$487$312$42
35 years$1,587$1,068$700$449$283$35
36 years$1,526$1,014$654$413$256$30
37 years$1,469$963$613$381$232$25
38 years$1,414$915$574$351$211$21
39 years$1,363$870$537$323$191$18
40 years$1,314$828$504$298$173$15
41 years$1,268$788$472$275$157$13
42 years$1,223$750$443$254$143$11
43 years$1,182$715$416$235$129$9
44 years$1,142$681$390$217$117$8
45 years$1,104$650$366$200$107$6
46 years$1,068$620$344$185$97$5
47 years$1,033$592$323$171$88$5
48 years$1,000$565$304$158$80$4
49 years$968$539$286$146$72$3
50 years$938$515$269$135$66$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $961,000, adding $3,068 every year, while hoping to spend $22,371 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: 55/36/9 Blend
34$961,000$961,000$961,000$961,000
35$1,062,187$1,011,254$996,358$1,118,114
36$1,146,727$1,037,002$1,005,934$1,182,039
37$1,239,141$1,063,263$1,015,080$1,248,876
38$1,340,208$1,090,037$1,023,759$1,321,110
39$1,450,785$1,117,326$1,031,932$1,399,258
40$1,571,819$1,145,128$1,039,555$1,483,888
41$1,704,349$1,173,444$1,046,585$1,575,627
42$1,849,522$1,202,272$1,052,975$1,675,165
43$2,008,599$1,231,610$1,058,676$1,783,260
44$2,182,971$1,261,453$1,063,636$1,900,750
45$2,374,168$1,291,798$1,067,801$2,028,554
46$2,583,875$1,322,639$1,071,115$2,167,689
47$2,813,951$1,353,968$1,073,517$2,319,271
48$3,066,439$1,385,778$1,074,946$2,484,530
49$3,343,593$1,418,058$1,075,334$2,664,824
50$3,647,895$1,450,799$1,074,613$2,861,644
51$3,982,078$1,483,986$1,072,710$3,076,637
52$4,349,154$1,517,605$1,069,550$3,311,616
53$4,752,441$1,551,640$1,065,053$3,568,577
54$5,195,592$1,586,073$1,059,134$3,849,721
55$5,682,634$1,620,882$1,051,707$4,157,473
56$6,218,003$1,656,046$1,042,680$4,494,503
57$6,806,586$1,691,538$1,031,955$4,863,756
58$7,453,765$1,727,332$1,019,434$5,268,474
59$8,165,474$1,763,396$1,005,010$5,712,232
60$8,948,247$1,799,696$988,572$6,198,968
61$9,809,284$1,836,198$970,005$6,733,021
62$10,756,520$1,872,860$949,189$7,319,174
63$11,798,693$1,909,638$925,995$7,962,696
64$12,945,437$1,946,487$900,293$8,669,395
65$14,207,361$1,983,355$871,942$9,445,670
66$15,596,159$2,020,186$840,799$10,298,574
67$17,124,712$2,056,921$806,711$11,235,878
68$18,807,218$2,093,495$769,521$12,266,148
69$20,659,316$2,129,838$729,062$13,398,821
70$22,698,241$2,165,875$685,160$14,644,299
71$24,942,985$2,201,526$637,636$16,014,046
72$27,414,472$2,236,704$586,300$17,520,695
73$30,135,761$2,271,315$530,954$19,178,167
74$33,132,260$2,305,261$471,392$21,001,805
75$36,431,965$2,338,433$407,399$23,008,518
76$40,065,727$2,370,717$338,748$25,216,940
77$44,067,540$2,401,992$265,205$27,647,608
78$48,474,864$2,432,124$186,524$30,323,153
79$53,328,976$2,460,974$102,449$33,268,517
80$58,675,363$2,488,393$12,712$36,511,188
81$64,564,147$2,514,221$0$40,081,459
82$71,050,559$2,538,287$0$44,020,691
83$78,195,462$2,560,410$0$48,359,520
84$86,065,925$2,580,396$0$53,137,303
85$94,735,853$2,598,038$0$58,398,754
86$104,286,686$2,613,118$0$64,193,153
87$114,808,169$2,625,402$0$70,574,806
88$126,399,196$2,634,641$0$77,603,557
89$139,168,748$2,640,572$0$85,345,361
90$153,236,914$2,642,914$0$93,872,898
91$168,736,031$2,641,368$0$103,266,263
92$185,811,929$2,635,619$0$113,613,727
93$204,625,312$2,625,329$0$125,012,564
94$225,353,267$2,610,144$0$137,569,971
95$248,190,943$2,589,684$0$151,404,086
96$273,353,388$2,563,548$0$166,645,099
97$301,077,583$2,531,311$0$183,436,481
98$331,624,673$2,492,522$0$201,936,343
99$365,282,438$2,446,703$0$222,318,928
100$402,368,004$2,393,349$0$244,776,255