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%19.6%
1 years$79,358$78,652$77,962$77,289$76,631$73,678
2 years$39,286$38,555$37,846$37,158$36,491$33,551
3 years$25,931$25,196$24,489$23,808$23,152$20,317
4 years$19,254$18,522$17,821$17,152$16,512$13,805
5 years$15,249$14,521$13,830$13,174$12,552$9,979
6 years$12,580$11,858$11,177$10,536$9,932$7,495
7 years$10,675$9,958$9,288$8,662$8,077$5,775
8 years$9,246$8,536$7,877$7,266$6,701$4,532
9 years$8,135$7,432$6,784$6,189$5,643$3,604
10 years$7,248$6,551$5,915$5,335$4,808$2,895
11 years$6,522$5,832$5,207$4,643$4,135$2,343
12 years$5,917$5,234$4,621$4,073$3,584$1,909
13 years$5,406$4,730$4,129$3,596$3,125$1,562
14 years$4,968$4,300$3,710$3,192$2,739$1,283
15 years$4,589$3,928$3,349$2,847$2,412$1,058
16 years$4,258$3,604$3,037$2,549$2,132$874
17 years$3,966$3,319$2,763$2,290$1,890$723
18 years$3,706$3,067$2,523$2,064$1,681$600
19 years$3,474$2,842$2,309$1,865$1,498$498
20 years$3,266$2,641$2,119$1,689$1,338$414
21 years$3,078$2,460$1,949$1,533$1,197$345
22 years$2,907$2,297$1,797$1,394$1,073$287
23 years$2,751$2,148$1,659$1,269$963$239
24 years$2,609$2,012$1,534$1,158$866$200
25 years$2,478$1,889$1,421$1,057$779$166
26 years$2,357$1,775$1,318$967$702$139
27 years$2,245$1,670$1,224$885$633$116
28 years$2,142$1,574$1,138$811$571$97
29 years$2,046$1,485$1,059$743$516$81
30 years$1,956$1,402$986$682$466$68
31 years$1,873$1,326$919$627$421$56
32 years$1,794$1,254$858$576$381$47
33 years$1,721$1,188$801$530$345$39
34 years$1,652$1,126$748$487$312$33
35 years$1,587$1,068$700$449$283$28
36 years$1,526$1,014$654$413$256$23
37 years$1,469$963$613$381$232$19
38 years$1,414$915$574$351$211$16
39 years$1,363$870$537$323$191$13
40 years$1,314$828$504$298$173$11
41 years$1,268$788$472$275$157$9
42 years$1,223$750$443$254$143$8
43 years$1,182$715$416$235$129$7
44 years$1,142$681$390$217$117$5
45 years$1,104$650$366$200$107$5
46 years$1,068$620$344$185$97$4
47 years$1,033$592$323$171$88$3
48 years$1,000$565$304$158$80$3
49 years$968$539$286$146$72$2
50 years$938$515$269$135$66$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $961,000, adding $2,229 every year, while hoping to spend $27,816 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: 29/43/28 Blend
34$961,000$961,000$961,000$961,000
35$1,061,321$1,010,388$995,493$1,082,871
36$1,139,980$1,030,301$999,246$1,119,991
37$1,225,730$1,050,258$1,002,192$1,157,305
38$1,319,264$1,070,230$1,004,276$1,196,867
39$1,421,347$1,090,190$1,005,437$1,238,889
40$1,532,820$1,110,104$1,005,614$1,283,609
41$1,654,607$1,129,939$1,004,742$1,331,288
42$1,787,728$1,149,657$1,002,752$1,382,214
43$1,933,304$1,169,218$999,572$1,436,708
44$2,092,570$1,188,579$995,127$1,495,123
45$2,266,887$1,207,694$989,339$1,557,850
46$2,457,752$1,226,514$982,124$1,625,322
47$2,666,814$1,244,984$973,396$1,698,016
48$2,895,889$1,263,048$963,065$1,776,461
49$3,146,977$1,280,645$951,034$1,861,240
50$3,422,280$1,297,708$937,206$1,953,001
51$3,724,226$1,314,169$921,475$2,052,456
52$4,055,485$1,329,951$903,733$2,160,393
53$4,419,002$1,344,976$883,865$2,277,686
54$4,818,017$1,359,157$861,752$2,405,296
55$5,256,103$1,372,404$837,269$2,544,288
56$5,737,194$1,384,620$810,285$2,695,837
57$6,265,622$1,395,700$780,664$2,861,242
58$6,846,161$1,405,536$748,262$3,041,938
59$7,484,071$1,414,008$712,931$3,239,510
60$8,185,145$1,420,994$674,513$3,455,707
61$8,955,767$1,426,359$632,846$3,692,462
62$9,802,967$1,429,963$587,758$3,951,910
63$10,734,494$1,431,655$539,072$4,236,408
64$11,758,883$1,431,277$486,602$4,548,556
65$12,885,537$1,428,658$430,151$4,891,229
66$14,124,819$1,423,619$369,519$5,267,598
67$15,488,144$1,415,970$304,491$5,681,163
68$16,988,090$1,405,507$234,846$6,135,789
69$18,638,514$1,392,017$160,353$6,635,740
70$20,454,688$1,375,271$80,770$7,185,726
71$22,453,436$1,355,029$0$7,790,940
72$24,653,295$1,331,034$0$8,458,358
73$27,074,693$1,303,016$0$9,218,898
74$29,740,136$1,270,689$0$10,055,464
75$32,674,425$1,233,747$0$10,975,847
76$35,904,887$1,191,871$0$11,988,632
77$39,461,632$1,144,720$0$13,103,288
78$43,377,840$1,091,933$0$14,330,257
79$47,690,072$1,033,129$0$15,681,049
80$52,438,614$967,907$0$17,168,357
81$57,667,858$895,840$0$18,806,174
82$63,426,720$816,477$0$20,609,930
83$69,769,104$729,343$0$22,596,635
84$76,754,407$633,935$0$24,785,044
85$84,448,079$529,720$0$27,195,832
86$92,922,244$416,138$0$29,851,795
87$102,256,379$292,594$0$32,778,063
88$112,538,061$158,463$0$36,002,340
89$123,863,799$13,083$0$39,555,170
90$136,339,937$0$0$43,470,222
91$150,083,666$0$0$47,852,867
92$165,224,122$0$0$52,687,961
93$181,903,610$0$0$58,014,790
94$200,278,945$0$0$63,883,463
95$220,522,931$0$0$70,349,203
96$242,825,992$0$0$77,472,862
97$267,397,972$0$0$85,321,497
98$294,470,112$0$0$93,969,005
99$324,297,233$0$0$103,496,817
100$357,160,141$0$0$113,994,669