Can I retire at age 35 with 964,000?

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 $964,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16%
1 years$79,606$78,897$78,205$77,530$76,871$74,982
2 years$39,409$38,675$37,964$37,274$36,605$34,714
3 years$26,012$25,275$24,565$23,882$23,224$21,389
4 years$19,314$18,579$17,877$17,206$16,563$14,800
5 years$15,297$14,567$13,873$13,215$12,591$10,903
6 years$12,620$11,895$11,212$10,569$9,963$8,352
7 years$10,708$9,989$9,317$8,689$8,103$6,569
8 years$9,275$8,563$7,902$7,289$6,722$5,266
9 years$8,161$7,455$6,806$6,209$5,661$4,280
10 years$7,270$6,571$5,933$5,352$4,823$3,517
11 years$6,542$5,850$5,224$4,658$4,148$2,914
12 years$5,935$5,251$4,636$4,085$3,595$2,431
13 years$5,423$4,745$4,142$3,607$3,135$2,038
14 years$4,984$4,313$3,721$3,202$2,748$1,717
15 years$4,603$3,940$3,360$2,855$2,419$1,451
16 years$4,271$3,615$3,046$2,557$2,138$1,231
17 years$3,978$3,329$2,772$2,297$1,896$1,046
18 years$3,718$3,076$2,530$2,070$1,686$891
19 years$3,485$2,851$2,317$1,871$1,503$760
20 years$3,276$2,650$2,126$1,694$1,342$650
21 years$3,088$2,468$1,955$1,538$1,201$556
22 years$2,916$2,304$1,802$1,398$1,077$476
23 years$2,760$2,155$1,664$1,273$966$408
24 years$2,617$2,019$1,539$1,161$869$350
25 years$2,485$1,894$1,425$1,061$782$301
26 years$2,364$1,781$1,322$970$704$258
27 years$2,252$1,676$1,228$888$635$222
28 years$2,149$1,579$1,141$813$573$191
29 years$2,052$1,490$1,062$746$517$164
30 years$1,962$1,407$989$684$467$141
31 years$1,878$1,330$922$629$422$122
32 years$1,800$1,258$860$578$382$105
33 years$1,726$1,192$803$531$346$90
34 years$1,657$1,129$751$489$313$78
35 years$1,592$1,071$702$450$284$67
36 years$1,531$1,017$657$414$257$58
37 years$1,473$966$614$382$233$50
38 years$1,419$918$575$352$211$43
39 years$1,367$873$539$324$191$37
40 years$1,318$830$505$299$174$32
41 years$1,271$790$474$276$158$27
42 years$1,227$753$444$255$143$24
43 years$1,185$717$417$235$130$20
44 years$1,145$684$392$217$118$18
45 years$1,107$652$368$201$107$15
46 years$1,071$622$345$185$97$13
47 years$1,036$593$324$171$88$11
48 years$1,003$567$305$158$80$10
49 years$972$541$287$146$73$8
50 years$941$517$269$135$66$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $964,000, adding $4,274 every year, while hoping to spend $29,611 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: 58/35/7 Blend
34$964,000$964,000$964,000$964,000
35$1,066,737$1,015,645$1,000,703$1,126,758
36$1,144,038$1,033,905$1,002,720$1,185,842
37$1,228,231$1,052,068$1,003,813$1,246,480
38$1,319,989$1,070,098$1,003,919$1,311,836
39$1,420,050$1,087,955$1,002,972$1,382,361
40$1,529,228$1,105,597$1,000,905$1,458,557
41$1,648,419$1,122,981$997,644$1,540,974
42$1,778,608$1,140,057$993,116$1,630,219
43$1,920,881$1,156,775$987,240$1,726,961
44$2,076,432$1,173,079$979,935$1,831,938
45$2,246,579$1,188,910$971,112$1,945,963
46$2,432,768$1,204,205$960,683$2,069,931
47$2,636,595$1,218,895$948,550$2,204,832
48$2,859,816$1,232,910$934,616$2,351,753
49$3,104,366$1,246,172$918,774$2,511,896
50$3,372,375$1,258,598$900,917$2,686,584
51$3,666,189$1,270,101$880,929$2,877,276
52$3,988,392$1,280,587$858,692$3,085,580
53$4,341,829$1,289,957$834,079$3,313,271
54$4,729,635$1,298,105$806,961$3,562,303
55$5,155,264$1,304,917$777,199$3,834,832
56$5,622,517$1,310,274$744,652$4,133,235
57$6,135,585$1,314,049$709,168$4,460,131
58$6,699,082$1,316,105$670,593$4,818,410
59$7,318,092$1,316,298$628,762$5,211,256
60$7,998,216$1,314,475$583,504$5,642,180
61$8,745,624$1,310,474$534,641$6,115,053
62$9,567,112$1,304,122$481,986$6,634,143
63$10,470,169$1,295,236$425,345$7,204,156
64$11,463,046$1,283,621$364,513$7,830,278
65$12,554,830$1,269,073$299,278$8,518,228
66$13,755,537$1,251,371$229,418$9,274,311
67$15,076,200$1,230,287$154,702$10,105,477
68$16,528,975$1,205,573$74,886$11,019,389
69$18,127,255$1,176,971$0$12,024,494
70$19,885,798$1,144,206$0$13,130,873
71$21,820,864$1,106,986$0$14,354,042
72$23,950,368$1,065,004$0$15,699,741
73$26,294,051$1,017,935$0$17,180,466
74$28,873,662$965,432$0$18,809,994
75$31,713,169$907,131$0$20,603,509
76$34,838,979$842,647$0$22,577,747
77$38,280,190$771,572$0$24,751,158
78$42,068,865$693,475$0$27,144,077
79$46,240,334$607,900$0$29,778,917
80$50,833,527$514,366$0$32,680,385
81$55,891,341$412,364$0$35,875,712
82$61,461,045$301,357$0$39,394,913
83$67,594,726$180,777$0$43,271,071
84$74,349,778$50,026$0$47,540,652
85$81,789,448$0$0$52,243,847
86$89,983,429$0$0$57,460,208
87$99,008,516$0$0$63,226,994
88$108,949,336$0$0$69,579,027
89$119,899,141$0$0$76,575,908
90$131,960,690$0$0$84,283,315
91$145,247,221$0$0$92,773,622
92$159,883,513$0$0$102,126,583
93$176,007,071$0$0$112,430,083
94$193,769,419$0$0$123,780,967
95$213,337,529$0$0$136,285,957
96$234,895,401$0$0$150,062,654
97$258,645,795$0$0$165,240,654
98$284,812,148$0$0$181,962,765
99$313,640,680$0$0$200,386,360
100$345,402,720$0$0$220,684,858