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%19.5%
1 years$79,524$78,815$78,124$77,450$76,791$73,861
2 years$39,368$38,635$37,924$37,235$36,567$33,650
3 years$25,985$25,248$24,540$23,857$23,200$20,387
4 years$19,294$18,560$17,859$17,188$16,546$13,859
5 years$15,281$14,551$13,859$13,202$12,578$10,024
6 years$12,607$11,882$11,200$10,558$9,953$7,532
7 years$10,697$9,979$9,307$8,680$8,094$5,808
8 years$9,265$8,554$7,893$7,281$6,715$4,560
9 years$8,152$7,447$6,799$6,202$5,655$3,628
10 years$7,263$6,565$5,927$5,346$4,818$2,916
11 years$6,535$5,844$5,218$4,653$4,144$2,362
12 years$5,929$5,245$4,631$4,081$3,591$1,925
13 years$5,417$4,740$4,137$3,603$3,131$1,577
14 years$4,978$4,309$3,718$3,198$2,745$1,296
15 years$4,598$3,936$3,356$2,852$2,417$1,069
16 years$4,266$3,611$3,043$2,554$2,136$884
17 years$3,974$3,326$2,769$2,295$1,894$732
18 years$3,714$3,073$2,528$2,068$1,684$608
19 years$3,482$2,848$2,314$1,869$1,501$505
20 years$3,273$2,647$2,124$1,692$1,341$420
21 years$3,084$2,465$1,953$1,536$1,200$350
22 years$2,913$2,301$1,800$1,397$1,075$292
23 years$2,757$2,152$1,662$1,272$965$243
24 years$2,614$2,017$1,537$1,160$868$203
25 years$2,483$1,893$1,424$1,059$781$170
26 years$2,362$1,779$1,321$969$703$142
27 years$2,250$1,674$1,226$887$634$118
28 years$2,146$1,577$1,140$812$572$99
29 years$2,050$1,488$1,061$745$517$83
30 years$1,960$1,405$988$684$467$69
31 years$1,876$1,328$921$628$422$58
32 years$1,798$1,257$860$577$382$48
33 years$1,725$1,190$803$531$346$40
34 years$1,656$1,128$750$488$313$34
35 years$1,591$1,070$701$449$283$28
36 years$1,529$1,016$656$414$257$24
37 years$1,472$965$614$381$233$20
38 years$1,417$917$575$352$211$17
39 years$1,366$872$539$324$191$14
40 years$1,317$829$505$299$174$12
41 years$1,270$790$473$276$157$10
42 years$1,226$752$444$255$143$8
43 years$1,184$716$417$235$130$7
44 years$1,144$683$391$217$118$6
45 years$1,106$651$367$200$107$5
46 years$1,070$621$345$185$97$4
47 years$1,035$593$324$171$88$3
48 years$1,002$566$305$158$80$3
49 years$971$540$286$146$73$2
50 years$940$516$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 $963,000, adding $6,178 every year, while hoping to spend $50,791 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: 53/29/18 Blend
34$963,000$963,000$963,000$963,000
35$1,067,599$1,016,560$1,001,633$1,118,650
36$1,122,452$1,012,330$981,147$1,150,078
37$1,181,199$1,006,190$958,271$1,178,393
38$1,244,182$997,994$932,874$1,208,092
39$1,311,778$987,585$904,815$1,239,320
40$1,384,400$974,798$873,947$1,272,242
41$1,462,503$959,457$840,118$1,307,042
42$1,546,584$941,377$803,168$1,343,924
43$1,637,191$920,360$762,930$1,383,117
44$1,734,925$896,198$719,229$1,424,877
45$1,840,447$868,670$671,882$1,469,488
46$1,954,481$837,544$620,698$1,517,267
47$2,077,825$802,570$565,479$1,568,568
48$2,211,356$763,489$506,015$1,623,785
49$2,356,037$720,023$442,089$1,683,356
50$2,512,928$671,880$373,475$1,747,769
51$2,683,194$618,749$299,934$1,817,567
52$2,868,117$560,305$221,218$1,893,351
53$3,069,106$496,200$137,070$1,975,793
54$3,287,711$426,071$47,218$2,065,637
55$3,525,639$349,530$0$2,163,709
56$3,784,768$266,170$0$2,280,275
57$4,067,162$175,560$0$2,417,292
58$4,375,095$77,245$0$2,566,871
59$4,711,069$0$0$2,730,325
60$5,077,839$0$0$2,918,445
61$5,478,436$0$0$3,150,928
62$5,916,197$0$0$3,405,069
63$6,394,798$0$0$3,683,015
64$6,918,282$0$0$3,987,125
65$7,491,106$0$0$4,320,001
66$8,118,173$0$0$4,684,506
67$8,804,884$0$0$5,083,791
68$9,557,188$0$0$5,521,330
69$10,381,635$0$0$6,000,946
70$11,285,437$0$0$6,526,850
71$12,276,542$0$0$7,103,682
72$13,363,698$0$0$7,736,550
73$14,556,545$0$0$8,431,082
74$15,865,700$0$0$9,193,477
75$17,302,857$0$0$10,030,561
76$18,880,898$0$0$10,949,859
77$20,614,013$0$0$11,959,654
78$22,517,835$0$0$13,069,075
79$24,609,584$0$0$14,288,177
80$26,908,232$0$0$15,628,038
81$29,434,678$0$0$17,100,863
82$32,211,950$0$0$18,720,097
83$35,265,413$0$0$20,500,554
84$38,623,017$0$0$22,458,555
85$42,315,552$0$0$24,612,080
86$46,376,946$0$0$26,980,941
87$50,844,576$0$0$29,586,966
88$55,759,626$0$0$32,454,207
89$61,167,470$0$0$35,609,161
90$67,118,107$0$0$39,081,025
91$73,666,622$0$0$42,901,972
92$80,873,714$0$0$47,107,448
93$88,806,261$0$0$51,736,510
94$97,537,957$0$0$56,832,197
95$107,149,999$0$0$62,441,928
96$117,731,860$0$0$68,617,956
97$129,382,125$0$0$75,417,858
98$142,209,429$0$0$82,905,078
99$156,333,473$0$0$91,149,523
100$171,886,159$0$0$100,228,229