Can I retire at age 35 with 963,000?

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 $963,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.3%
1 years$79,524$78,815$78,124$77,450$76,791$74,813
2 years$39,368$38,635$37,924$37,235$36,567$34,588
3 years$25,985$25,248$24,540$23,857$23,200$21,281
4 years$19,294$18,560$17,859$17,188$16,546$14,702
5 years$15,281$14,551$13,859$13,202$12,578$10,814
6 years$12,607$11,882$11,200$10,558$9,953$8,271
7 years$10,697$9,979$9,307$8,680$8,094$6,494
8 years$9,265$8,554$7,893$7,281$6,715$5,196
9 years$8,152$7,447$6,799$6,202$5,655$4,216
10 years$7,263$6,565$5,927$5,346$4,818$3,458
11 years$6,535$5,844$5,218$4,653$4,144$2,859
12 years$5,929$5,245$4,631$4,081$3,591$2,380
13 years$5,417$4,740$4,137$3,603$3,131$1,992
14 years$4,978$4,309$3,718$3,198$2,745$1,675
15 years$4,598$3,936$3,356$2,852$2,417$1,413
16 years$4,266$3,611$3,043$2,554$2,136$1,195
17 years$3,974$3,326$2,769$2,295$1,894$1,014
18 years$3,714$3,073$2,528$2,068$1,684$862
19 years$3,482$2,848$2,314$1,869$1,501$734
20 years$3,273$2,647$2,124$1,692$1,341$626
21 years$3,084$2,465$1,953$1,536$1,200$534
22 years$2,913$2,301$1,800$1,397$1,075$456
23 years$2,757$2,152$1,662$1,272$965$390
24 years$2,614$2,017$1,537$1,160$868$334
25 years$2,483$1,893$1,424$1,059$781$286
26 years$2,362$1,779$1,321$969$703$245
27 years$2,250$1,674$1,226$887$634$210
28 years$2,146$1,577$1,140$812$572$180
29 years$2,050$1,488$1,061$745$517$155
30 years$1,960$1,405$988$684$467$133
31 years$1,876$1,328$921$628$422$114
32 years$1,798$1,257$860$577$382$98
33 years$1,725$1,190$803$531$346$84
34 years$1,656$1,128$750$488$313$72
35 years$1,591$1,070$701$449$283$62
36 years$1,529$1,016$656$414$257$53
37 years$1,472$965$614$381$233$46
38 years$1,417$917$575$352$211$39
39 years$1,366$872$539$324$191$34
40 years$1,317$829$505$299$174$29
41 years$1,270$790$473$276$157$25
42 years$1,226$752$444$255$143$22
43 years$1,184$716$417$235$130$18
44 years$1,144$683$391$217$118$16
45 years$1,106$651$367$200$107$14
46 years$1,070$621$345$185$97$12
47 years$1,035$593$324$171$88$10
48 years$1,002$566$305$158$80$9
49 years$971$540$286$146$73$7
50 years$940$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 $963,000, adding $2,930 every year, while hoping to spend $30,835 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: 64/31/5 Blend
34$963,000$963,000$963,000$963,000
35$1,064,248$1,013,209$998,283$1,131,417
36$1,139,993$1,030,048$998,917$1,193,290
37$1,222,431$1,046,679$998,539$1,256,905
38$1,312,211$1,063,059$997,083$1,325,564
39$1,410,050$1,079,141$994,478$1,399,753
40$1,516,733$1,094,878$990,651$1,480,008
41$1,633,129$1,110,215$985,526$1,566,918
42$1,760,189$1,125,098$979,023$1,661,134
43$1,898,966$1,139,464$971,057$1,763,373
44$2,050,613$1,153,251$961,541$1,874,424
45$2,216,404$1,166,389$950,381$1,995,157
46$2,397,739$1,178,804$937,481$2,126,532
47$2,596,162$1,190,418$922,739$2,269,606
48$2,813,370$1,201,148$906,050$2,425,545
49$3,051,233$1,210,904$887,303$2,595,632
50$3,311,812$1,219,592$866,381$2,781,285
51$3,597,375$1,227,109$843,162$2,984,062
52$3,910,419$1,233,350$817,521$3,205,686
53$4,253,697$1,238,199$789,322$3,448,052
54$4,630,238$1,241,535$758,428$3,713,250
55$5,043,380$1,243,228$724,694$4,003,587
56$5,496,799$1,243,140$687,966$4,321,601
57$5,994,546$1,241,127$648,086$4,670,095
58$6,541,081$1,237,034$604,887$5,052,154
59$7,141,317$1,230,694$558,197$5,471,182
60$7,800,669$1,221,936$507,834$5,930,932
61$8,525,099$1,210,572$453,608$6,435,540
62$9,321,177$1,196,408$395,322$6,989,564
63$10,196,140$1,179,235$332,768$7,598,031
64$11,157,961$1,158,833$265,731$8,266,482
65$12,215,426$1,134,969$193,986$9,001,025
66$13,378,212$1,107,394$117,297$9,808,394
67$14,656,981$1,075,849$35,418$10,696,010
68$16,063,482$1,040,054$0$11,672,056
69$17,610,658$999,717$0$12,748,325
70$19,312,770$954,528$0$13,934,183
71$21,185,531$904,159$0$15,238,714
72$23,246,253$848,261$0$16,674,017
73$25,514,013$786,468$0$18,253,424
74$28,009,829$718,391$0$19,991,634
75$30,756,859$643,620$0$21,904,847
76$33,780,623$561,721$0$24,010,920
77$37,109,237$472,236$0$26,329,534
78$40,773,684$374,680$0$28,882,384
79$44,808,102$268,542$0$31,693,379
80$49,250,110$153,282$0$34,788,876
81$54,141,157$28,329$0$38,197,924
82$59,526,919$0$0$41,952,539
83$65,457,724$0$0$46,124,485
84$71,989,031$0$0$50,729,577
85$79,181,953$0$0$55,801,251
86$87,103,828$0$0$61,387,000
87$95,828,863$0$0$67,539,156
88$105,438,825$0$0$74,315,389
89$116,023,818$0$0$81,779,245
90$127,683,134$0$0$90,000,751
91$140,526,183$0$0$99,057,071
92$154,673,534$0$0$109,033,238
93$170,258,045$0$0$120,022,952
94$187,426,123$0$0$132,129,470
95$206,339,100$0$0$145,466,574
96$227,174,759$0$0$160,159,649
97$250,129,011$0$0$176,346,866
98$275,417,743$0$0$194,180,483
99$303,278,857$0$0$213,828,286
100$333,974,512$0$0$235,475,168