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%13.7%
1 years$79,606$78,897$78,205$77,530$76,871$75,691
2 years$39,409$38,675$37,964$37,274$36,605$35,419
3 years$26,012$25,275$24,565$23,882$23,224$22,069
4 years$19,314$18,579$17,877$17,206$16,563$15,448
5 years$15,297$14,567$13,873$13,215$12,591$11,519
6 years$12,620$11,895$11,212$10,569$9,963$8,935
7 years$10,708$9,989$9,317$8,689$8,103$7,119
8 years$9,275$8,563$7,902$7,289$6,722$5,783
9 years$8,161$7,455$6,806$6,209$5,661$4,766
10 years$7,270$6,571$5,933$5,352$4,823$3,972
11 years$6,542$5,850$5,224$4,658$4,148$3,339
12 years$5,935$5,251$4,636$4,085$3,595$2,827
13 years$5,423$4,745$4,142$3,607$3,135$2,407
14 years$4,984$4,313$3,721$3,202$2,748$2,060
15 years$4,603$3,940$3,360$2,855$2,419$1,769
16 years$4,271$3,615$3,046$2,557$2,138$1,525
17 years$3,978$3,329$2,772$2,297$1,896$1,318
18 years$3,718$3,076$2,530$2,070$1,686$1,141
19 years$3,485$2,851$2,317$1,871$1,503$991
20 years$3,276$2,650$2,126$1,694$1,342$861
21 years$3,088$2,468$1,955$1,538$1,201$750
22 years$2,916$2,304$1,802$1,398$1,077$654
23 years$2,760$2,155$1,664$1,273$966$571
24 years$2,617$2,019$1,539$1,161$869$499
25 years$2,485$1,894$1,425$1,061$782$436
26 years$2,364$1,781$1,322$970$704$382
27 years$2,252$1,676$1,228$888$635$334
28 years$2,149$1,579$1,141$813$573$293
29 years$2,052$1,490$1,062$746$517$257
30 years$1,962$1,407$989$684$467$225
31 years$1,878$1,330$922$629$422$197
32 years$1,800$1,258$860$578$382$173
33 years$1,726$1,192$803$531$346$152
34 years$1,657$1,129$751$489$313$133
35 years$1,592$1,071$702$450$284$117
36 years$1,531$1,017$657$414$257$103
37 years$1,473$966$614$382$233$90
38 years$1,419$918$575$352$211$79
39 years$1,367$873$539$324$191$70
40 years$1,318$830$505$299$174$61
41 years$1,271$790$474$276$158$54
42 years$1,227$753$444$255$143$47
43 years$1,185$717$417$235$130$42
44 years$1,145$684$392$217$118$37
45 years$1,107$652$368$201$107$32
46 years$1,071$622$345$185$97$28
47 years$1,036$593$324$171$88$25
48 years$1,003$567$305$158$80$22
49 years$972$541$287$146$73$19
50 years$941$517$269$135$66$17

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $964,000, adding $2,969 every year, while hoping to spend $27,329 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: 80/13/7 Blend
34$964,000$964,000$964,000$964,000
35$1,065,391$1,014,299$999,357$1,149,590
36$1,144,983$1,034,921$1,003,757$1,225,792
37$1,231,777$1,055,639$1,007,389$1,305,480
38$1,326,480$1,076,426$1,010,198$1,392,094
39$1,429,867$1,097,258$1,012,127$1,486,309
40$1,542,795$1,118,105$1,013,114$1,588,871
41$1,666,205$1,138,937$1,013,098$1,700,603
42$1,801,133$1,159,720$1,012,012$1,822,407
43$1,948,720$1,180,418$1,009,786$1,955,281
44$2,110,224$1,200,992$1,006,348$2,100,322
45$2,287,026$1,221,401$1,001,620$2,258,739
46$2,480,652$1,241,598$995,524$2,431,862
47$2,692,778$1,261,537$987,974$2,621,158
48$2,925,253$1,281,164$978,882$2,828,243
49$3,180,112$1,300,423$968,158$3,054,897
50$3,459,595$1,319,256$955,703$3,303,080
51$3,766,172$1,337,597$941,417$3,574,954
52$4,102,561$1,355,379$925,194$3,872,897
53$4,471,757$1,372,527$906,922$4,199,533
54$4,877,059$1,388,964$886,487$4,557,751
55$5,322,101$1,404,606$863,767$4,950,734
56$5,810,887$1,419,363$838,635$5,381,991
57$6,347,825$1,433,140$810,957$5,855,386
58$6,937,775$1,445,835$780,595$6,375,179
59$7,586,087$1,457,340$747,404$6,946,062
60$8,298,658$1,467,539$711,232$7,573,207
61$9,081,982$1,476,310$671,920$8,262,312
62$9,943,217$1,483,522$629,302$9,019,657
63$10,890,247$1,489,036$583,205$9,852,161
64$11,931,757$1,492,704$533,447$10,767,448
65$13,077,319$1,494,369$479,840$11,773,921
66$14,337,476$1,493,864$422,186$12,880,839
67$15,723,847$1,491,011$360,277$14,098,406
68$17,249,232$1,485,624$293,900$15,437,865
69$18,927,736$1,477,501$222,827$16,911,607
70$20,774,898$1,466,431$146,824$18,533,287
71$22,807,841$1,452,190$65,646$20,317,953
72$25,045,432$1,434,539$0$22,282,185
73$27,508,460$1,413,225$0$24,445,826
74$30,219,831$1,387,982$0$26,832,780
75$33,204,786$1,358,525$0$29,460,353
76$36,491,136$1,324,554$0$32,353,022
77$40,109,527$1,285,752$0$35,537,760
78$44,093,726$1,241,782$0$39,044,293
79$48,480,945$1,192,288$0$42,905,376
80$53,312,184$1,136,893$0$47,157,105
81$58,632,624$1,075,198$0$51,839,256
82$64,492,051$1,006,782$0$56,995,663
83$70,945,325$931,198$0$62,674,631
84$78,052,898$847,977$0$68,929,389
85$85,881,384$756,619$0$75,818,597
86$94,504,190$656,597$0$83,406,897
87$104,002,203$547,356$0$91,765,526
88$114,464,559$428,308$0$100,972,985
89$125,989,480$298,832$0$111,115,781
90$138,685,204$158,271$0$122,289,248
91$152,671,003$5,934$0$134,598,442
92$168,078,310$0$0$148,159,135
93$185,051,961$0$0$163,121,641
94$203,751,558$0$0$179,606,571
95$224,352,980$0$0$197,768,129
96$247,050,038$0$0$217,777,179
97$272,056,307$0$0$239,822,009
98$299,607,142$0$0$264,110,105
99$329,961,895$0$0$290,870,114
100$363,406,371$0$0$320,353,999