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%14.2%
1 years$79,606$78,897$78,205$77,530$76,871$75,535
2 years$39,409$38,675$37,964$37,274$36,605$35,264
3 years$26,012$25,275$24,565$23,882$23,224$21,919
4 years$19,314$18,579$17,877$17,206$16,563$15,304
5 years$15,297$14,567$13,873$13,215$12,591$11,382
6 years$12,620$11,895$11,212$10,569$9,963$8,805
7 years$10,708$9,989$9,317$8,689$8,103$6,996
8 years$9,275$8,563$7,902$7,289$6,722$5,667
9 years$8,161$7,455$6,806$6,209$5,661$4,656
10 years$7,270$6,571$5,933$5,352$4,823$3,868
11 years$6,542$5,850$5,224$4,658$4,148$3,242
12 years$5,935$5,251$4,636$4,085$3,595$2,736
13 years$5,423$4,745$4,142$3,607$3,135$2,322
14 years$4,984$4,313$3,721$3,202$2,748$1,980
15 years$4,603$3,940$3,360$2,855$2,419$1,695
16 years$4,271$3,615$3,046$2,557$2,138$1,456
17 years$3,978$3,329$2,772$2,297$1,896$1,253
18 years$3,718$3,076$2,530$2,070$1,686$1,082
19 years$3,485$2,851$2,317$1,871$1,503$936
20 years$3,276$2,650$2,126$1,694$1,342$810
21 years$3,088$2,468$1,955$1,538$1,201$703
22 years$2,916$2,304$1,802$1,398$1,077$611
23 years$2,760$2,155$1,664$1,273$966$531
24 years$2,617$2,019$1,539$1,161$869$462
25 years$2,485$1,894$1,425$1,061$782$403
26 years$2,364$1,781$1,322$970$704$351
27 years$2,252$1,676$1,228$888$635$306
28 years$2,149$1,579$1,141$813$573$267
29 years$2,052$1,490$1,062$746$517$233
30 years$1,962$1,407$989$684$467$204
31 years$1,878$1,330$922$629$422$178
32 years$1,800$1,258$860$578$382$155
33 years$1,726$1,192$803$531$346$136
34 years$1,657$1,129$751$489$313$119
35 years$1,592$1,071$702$450$284$104
36 years$1,531$1,017$657$414$257$91
37 years$1,473$966$614$382$233$79
38 years$1,419$918$575$352$211$69
39 years$1,367$873$539$324$191$61
40 years$1,318$830$505$299$174$53
41 years$1,271$790$474$276$158$47
42 years$1,227$753$444$255$143$41
43 years$1,185$717$417$235$130$36
44 years$1,145$684$392$217$118$31
45 years$1,107$652$368$201$107$27
46 years$1,071$622$345$185$97$24
47 years$1,036$593$324$171$88$21
48 years$1,003$567$305$158$80$18
49 years$972$541$287$146$73$16
50 years$941$517$269$135$66$14

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $964,000, adding $3,221 every year, while hoping to spend $38,478 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: 34/38/28 Blend
34$964,000$964,000$964,000$964,000
35$1,065,650$1,014,558$999,616$1,092,762
36$1,133,407$1,023,332$992,163$1,122,264
37$1,206,784$1,031,245$983,171$1,150,390
38$1,286,316$1,038,216$972,547$1,179,976
39$1,372,588$1,044,156$960,195$1,211,180
40$1,466,244$1,048,972$946,014$1,244,176
41$1,567,993$1,052,564$929,898$1,279,159
42$1,678,615$1,054,826$911,736$1,316,347
43$1,798,967$1,055,646$891,412$1,355,983
44$1,929,992$1,054,903$868,805$1,398,338
45$2,072,730$1,052,471$843,788$1,443,714
46$2,228,321$1,048,215$816,228$1,492,446
47$2,398,024$1,041,993$785,986$1,544,909
48$2,583,224$1,033,651$752,917$1,601,518
49$2,785,442$1,023,029$716,870$1,662,737
50$3,006,357$1,009,957$677,684$1,729,080
51$3,247,814$994,254$635,195$1,801,119
52$3,511,846$975,728$589,230$1,879,489
53$3,800,691$954,175$539,606$1,964,895
54$4,116,814$929,382$486,135$2,058,120
55$4,462,927$901,120$428,619$2,160,033
56$4,842,019$869,148$366,851$2,271,598
57$5,257,380$833,212$300,616$2,393,884
58$5,712,635$793,041$229,689$2,528,077
59$6,211,775$748,351$153,834$2,675,489
60$6,759,195$698,839$72,806$2,837,577
61$7,359,737$644,186$0$3,015,953
62$8,018,734$584,055$0$3,216,488
63$8,742,060$518,090$0$3,460,553
64$9,536,186$445,912$0$3,728,650
65$10,408,240$367,124$0$4,023,288
66$11,366,073$281,306$0$4,347,241
67$12,418,335$188,013$0$4,703,573
68$13,574,555$86,775$0$5,095,666
69$14,845,230$0$0$5,527,254
70$16,241,926$0$0$6,012,038
71$17,777,382$0$0$6,585,028
72$19,465,637$0$0$7,215,196
73$21,322,154$0$0$7,908,333
74$23,363,974$0$0$8,670,821
75$25,609,869$0$0$9,509,693
76$28,080,522$0$0$10,432,694
77$30,798,723$0$0$11,448,361
78$33,789,581$0$0$12,566,100
79$37,080,763$0$0$13,796,273
80$40,702,751$0$0$15,150,299
81$44,689,134$0$0$16,640,761
82$49,076,921$0$0$18,281,521
83$53,906,892$0$0$20,087,856
84$59,223,979$0$0$22,076,598
85$65,077,695$0$0$24,266,295
86$71,522,596$0$0$26,677,384
87$78,618,796$0$0$29,332,386
88$86,432,536$0$0$32,256,116
89$95,036,809$0$0$35,475,920
90$104,512,044$0$0$39,021,928
91$114,946,870$0$0$42,927,345
92$126,438,948$0$0$47,228,757
93$139,095,894$0$0$51,966,481
94$153,036,295$0$0$57,184,947
95$168,390,823$0$0$62,933,108
96$185,303,475$0$0$69,264,915
97$203,932,927$0$0$76,239,813
98$224,454,031$0$0$83,923,312
99$247,059,465$0$0$92,387,600
100$271,961,554$0$0$101,712,225