Can I retire at age 35 with 962,000?

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 $962,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.5%
1 years$79,441$78,733$78,043$77,369$76,711$74,675
2 years$39,327$38,595$37,885$37,197$36,529$34,492
3 years$25,958$25,222$24,514$23,832$23,176$21,201
4 years$19,274$18,541$17,840$17,170$16,529$14,632
5 years$15,265$14,536$13,845$13,188$12,565$10,752
6 years$12,593$11,870$11,188$10,547$9,942$8,214
7 years$10,686$9,968$9,298$8,671$8,086$6,442
8 years$9,256$8,545$7,885$7,274$6,708$5,149
9 years$8,144$7,440$6,791$6,196$5,649$4,172
10 years$7,255$6,558$5,921$5,341$4,813$3,418
11 years$6,528$5,838$5,213$4,648$4,140$2,823
12 years$5,923$5,240$4,626$4,077$3,587$2,347
13 years$5,411$4,735$4,133$3,599$3,128$1,961
14 years$4,973$4,304$3,714$3,195$2,742$1,647
15 years$4,594$3,932$3,353$2,849$2,414$1,387
16 years$4,262$3,608$3,040$2,551$2,134$1,172
17 years$3,970$3,322$2,766$2,292$1,892$993
18 years$3,710$3,070$2,525$2,066$1,682$842
19 years$3,478$2,845$2,312$1,867$1,499$716
20 years$3,270$2,644$2,122$1,691$1,339$610
21 years$3,081$2,463$1,951$1,534$1,199$520
22 years$2,910$2,299$1,799$1,395$1,074$443
23 years$2,754$2,150$1,661$1,271$964$379
24 years$2,611$2,015$1,536$1,159$867$324
25 years$2,480$1,891$1,422$1,058$780$277
26 years$2,359$1,777$1,319$968$703$237
27 years$2,248$1,672$1,225$886$633$203
28 years$2,144$1,576$1,139$812$572$174
29 years$2,048$1,486$1,060$744$516$149
30 years$1,958$1,404$987$683$466$127
31 years$1,875$1,327$920$627$422$109
32 years$1,796$1,256$859$576$381$94
33 years$1,723$1,189$802$530$345$80
34 years$1,654$1,127$749$488$312$69
35 years$1,589$1,069$700$449$283$59
36 years$1,528$1,015$655$414$256$51
37 years$1,470$964$613$381$232$43
38 years$1,416$916$574$351$211$37
39 years$1,364$871$538$324$191$32
40 years$1,315$829$504$299$173$27
41 years$1,269$789$473$276$157$24
42 years$1,225$751$444$254$143$20
43 years$1,183$716$416$235$129$17
44 years$1,143$682$391$217$118$15
45 years$1,105$651$367$200$107$13
46 years$1,069$621$345$185$97$11
47 years$1,034$592$324$171$88$9
48 years$1,001$565$304$158$80$8
49 years$969$540$286$146$73$7
50 years$939$516$269$135$66$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $962,000, adding $2,506 every year, while hoping to spend $25,451 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: 63/30/7 Blend
34$962,000$962,000$962,000$962,000
35$1,062,709$1,011,723$996,812$1,128,090
36$1,144,026$1,034,218$1,003,125$1,194,492
37$1,232,784$1,056,962$1,008,797$1,263,751
38$1,329,715$1,079,940$1,013,780$1,338,710
39$1,435,626$1,103,137$1,018,021$1,419,920
40$1,551,403$1,126,535$1,021,468$1,507,988
41$1,678,024$1,150,113$1,024,066$1,603,583
42$1,816,565$1,173,850$1,025,754$1,707,439
43$1,968,209$1,197,723$1,026,471$1,820,368
44$2,134,260$1,221,706$1,026,152$1,943,261
45$2,316,156$1,245,771$1,024,730$2,077,104
46$2,515,478$1,269,888$1,022,132$2,222,978
47$2,733,967$1,294,023$1,018,284$2,382,078
48$2,973,543$1,318,141$1,013,107$2,555,718
49$3,236,317$1,342,203$1,006,519$2,745,348
50$3,524,618$1,366,167$998,434$2,952,565
51$3,841,009$1,389,989$988,761$3,179,126
52$4,188,313$1,413,620$977,406$3,426,971
53$4,569,641$1,437,008$964,270$3,698,236
54$4,988,420$1,460,096$949,248$3,995,274
55$5,448,423$1,482,825$932,232$4,320,679
56$5,953,809$1,505,130$913,109$4,677,309
57$6,509,158$1,526,942$891,758$5,068,314
58$7,119,517$1,548,187$868,057$5,497,166
59$7,790,444$1,568,785$841,874$5,967,689
60$8,528,066$1,588,651$813,072$6,484,100
61$9,339,129$1,607,696$781,511$7,051,045
62$10,231,068$1,625,821$747,040$7,673,643
63$11,212,075$1,642,924$709,503$8,357,539
64$12,291,174$1,658,894$668,738$9,108,951
65$13,478,308$1,673,614$624,575$9,934,733
66$14,784,432$1,686,959$576,836$10,842,440
67$16,221,619$1,698,794$525,335$11,840,396
68$17,803,168$1,708,979$469,877$12,937,776
69$19,543,733$1,717,361$410,260$14,144,693
70$21,459,462$1,723,780$346,272$15,472,291
71$23,568,147$1,728,065$277,692$16,932,853
72$25,889,393$1,730,035$204,289$18,539,915
73$28,444,800$1,729,495$125,822$20,308,398
74$31,258,171$1,726,242$42,039$22,254,742
75$34,355,734$1,720,058$0$24,397,071
76$37,766,390$1,710,711$0$26,758,893
77$41,521,982$1,697,957$0$29,362,264
78$45,657,604$1,681,536$0$32,228,320
79$50,211,920$1,661,173$0$35,383,819
80$55,227,540$1,636,574$0$38,858,251
81$60,751,414$1,607,431$0$42,684,115
82$66,835,279$1,573,416$0$46,897,226
83$73,536,146$1,534,182$0$51,537,055
84$80,916,837$1,489,361$0$56,647,101
85$89,046,579$1,438,564$0$62,275,303
86$98,001,655$1,381,379$0$68,474,493
87$107,866,128$1,317,370$0$75,302,894
88$118,732,628$1,246,076$0$82,824,672
89$130,703,232$1,167,010$0$91,110,539
90$143,890,424$1,079,656$0$100,238,428
91$158,418,156$983,468$0$110,294,222
92$174,423,021$877,871$0$121,372,570
93$192,055,537$762,255$0$133,577,780
94$211,481,574$635,977$0$147,024,805
95$232,883,911$498,357$0$161,840,330
96$256,463,971$348,677$0$178,163,965
97$282,443,712$186,179$0$196,149,571
98$311,067,731$10,061$0$215,966,709
99$342,605,564$0$0$237,802,241
100$377,354,237$0$0$261,921,693