Can I retire at age 35 with 965,000?

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 $965,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.1%
1 years$79,689$78,979$78,286$77,610$76,950$74,132
2 years$39,450$38,715$38,003$37,313$36,643$33,835
3 years$26,039$25,301$24,591$23,907$23,248$20,538
4 years$19,334$18,599$17,896$17,223$16,581$13,990
5 years$15,313$14,582$13,888$13,229$12,604$10,140
6 years$12,633$11,907$11,223$10,580$9,973$7,637
7 years$10,719$9,999$9,327$8,698$8,111$5,902
8 years$9,285$8,571$7,910$7,297$6,729$4,645
9 years$8,169$7,463$6,813$6,215$5,667$3,705
10 years$7,278$6,578$5,939$5,357$4,828$2,985
11 years$6,549$5,856$5,229$4,663$4,152$2,425
12 years$5,942$5,256$4,641$4,090$3,598$1,981
13 years$5,428$4,750$4,146$3,611$3,138$1,627
14 years$4,989$4,318$3,725$3,205$2,751$1,341
15 years$4,608$3,944$3,363$2,858$2,422$1,109
16 years$4,275$3,619$3,049$2,559$2,141$920
17 years$3,982$3,333$2,775$2,300$1,898$764
18 years$3,722$3,080$2,533$2,072$1,688$636
19 years$3,489$2,854$2,319$1,873$1,504$531
20 years$3,280$2,652$2,128$1,696$1,344$443
21 years$3,091$2,470$1,958$1,539$1,202$370
22 years$2,919$2,306$1,804$1,399$1,078$309
23 years$2,763$2,157$1,666$1,275$967$259
24 years$2,619$2,021$1,541$1,162$870$217
25 years$2,488$1,896$1,427$1,062$782$181
26 years$2,367$1,782$1,323$971$705$152
27 years$2,255$1,677$1,229$888$635$127
28 years$2,151$1,581$1,142$814$573$107
29 years$2,054$1,491$1,063$746$518$90
30 years$1,964$1,408$990$685$468$75
31 years$1,880$1,331$923$629$423$63
32 years$1,802$1,260$861$578$383$53
33 years$1,728$1,193$804$532$346$44
34 years$1,659$1,131$751$489$313$37
35 years$1,594$1,072$703$450$284$31
36 years$1,533$1,018$657$415$257$26
37 years$1,475$967$615$382$233$22
38 years$1,420$919$576$352$211$18
39 years$1,368$874$540$325$192$16
40 years$1,319$831$506$300$174$13
41 years$1,273$791$474$276$158$11
42 years$1,229$753$445$255$143$9
43 years$1,187$718$418$235$130$8
44 years$1,147$684$392$217$118$6
45 years$1,108$653$368$201$107$5
46 years$1,072$623$346$185$97$5
47 years$1,037$594$325$171$88$4
48 years$1,004$567$305$158$80$3
49 years$973$542$287$146$73$3
50 years$942$517$270$135$66$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $965,000, adding $5,268 every year, while hoping to spend $31,102 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: 88/6/6 Blend
34$965,000$965,000$965,000$965,000
35$1,068,864$1,017,719$1,002,761$1,162,263
36$1,144,796$1,034,495$1,003,262$1,240,635
37$1,227,430$1,051,050$1,002,736$1,321,878
38$1,317,418$1,067,342$1,001,118$1,410,172
39$1,415,476$1,083,323$998,336$1,506,203
40$1,522,391$1,098,942$994,318$1,610,727
41$1,639,032$1,114,147$988,984$1,724,579
42$1,766,353$1,128,880$982,254$1,848,675
43$1,905,405$1,143,079$974,044$1,984,025
44$2,057,345$1,156,679$964,263$2,131,743
45$2,223,447$1,169,609$952,819$2,293,053
46$2,405,113$1,181,795$939,613$2,469,304
47$2,603,888$1,193,156$924,544$2,661,983
48$2,821,472$1,203,608$907,503$2,872,727
49$3,059,737$1,213,059$888,379$3,103,339
50$3,320,744$1,221,414$867,054$3,355,805
51$3,606,766$1,228,569$843,406$3,632,314
52$3,920,302$1,234,414$817,306$3,935,275
53$4,264,106$1,238,834$788,619$4,267,344
54$4,641,212$1,241,704$757,205$4,631,446
55$5,054,961$1,242,893$722,917$5,030,805
56$5,509,034$1,242,262$685,601$5,468,971
57$6,007,484$1,239,661$645,097$5,949,855
58$6,554,776$1,234,933$601,237$6,477,769
59$7,155,829$1,227,911$553,845$7,057,462
60$7,816,063$1,218,418$502,738$7,694,165
61$8,541,447$1,206,265$447,725$8,393,644
62$9,338,556$1,191,254$388,605$9,162,252
63$10,214,635$1,173,172$325,170$10,006,989
64$11,177,666$1,151,796$257,201$10,935,566
65$12,236,442$1,126,888$184,472$11,956,482
66$13,400,652$1,098,198$106,744$13,079,103
67$14,680,967$1,065,458$23,769$14,313,745
68$16,089,148$1,028,388$0$15,671,781
69$17,638,151$986,689$0$17,169,887
70$19,342,252$940,046$0$18,819,615
71$21,217,179$888,126$0$20,634,674
72$23,280,262$830,575$0$22,631,848
73$25,550,596$767,020$0$24,829,631
74$28,049,219$697,067$0$27,248,401
75$30,799,316$620,299$0$29,910,613
76$33,826,427$536,275$0$32,841,011
77$37,158,700$444,530$0$36,066,859
78$40,827,147$344,571$0$39,618,203
79$44,865,941$235,880$0$43,528,148
80$49,312,736$117,908$0$47,833,176
81$54,209,024$0$0$52,573,488
82$59,600,525$0$0$57,794,038
83$65,537,618$0$0$63,551,461
84$72,075,816$0$0$69,891,809
85$79,276,290$0$0$76,874,401
86$87,206,449$0$0$84,564,608
87$95,940,569$0$0$93,034,460
88$105,560,500$0$0$102,363,331
89$116,156,435$0$0$112,638,686
90$127,827,761$0$0$123,956,908
91$140,683,998$0$0$136,424,205
92$154,845,833$0$0$150,157,612
93$170,446,254$0$0$165,286,098
94$187,631,813$0$0$181,951,780
95$206,563,999$0$0$200,311,267
96$227,420,772$0$0$220,537,134
97$250,398,233$0$0$242,819,554
98$275,712,483$0$0$267,368,092
99$303,601,655$0$0$294,413,680
100$334,328,168$0$0$324,210,801