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%11.9%
1 years$79,689$78,979$78,286$77,610$76,950$76,338
2 years$39,450$38,715$38,003$37,313$36,643$36,025
3 years$26,039$25,301$24,591$23,907$23,248$22,644
4 years$19,334$18,599$17,896$17,223$16,581$15,996
5 years$15,313$14,582$13,888$13,229$12,604$12,040
6 years$12,633$11,907$11,223$10,580$9,973$9,431
7 years$10,719$9,999$9,327$8,698$8,111$7,590
8 years$9,285$8,571$7,910$7,297$6,729$6,229
9 years$8,169$7,463$6,813$6,215$5,667$5,188
10 years$7,278$6,578$5,939$5,357$4,828$4,371
11 years$6,549$5,856$5,229$4,663$4,152$3,716
12 years$5,942$5,256$4,641$4,090$3,598$3,182
13 years$5,428$4,750$4,146$3,611$3,138$2,742
14 years$4,989$4,318$3,725$3,205$2,751$2,374
15 years$4,608$3,944$3,363$2,858$2,422$2,064
16 years$4,275$3,619$3,049$2,559$2,141$1,801
17 years$3,982$3,333$2,775$2,300$1,898$1,576
18 years$3,722$3,080$2,533$2,072$1,688$1,383
19 years$3,489$2,854$2,319$1,873$1,504$1,216
20 years$3,280$2,652$2,128$1,696$1,344$1,072
21 years$3,091$2,470$1,958$1,539$1,202$946
22 years$2,919$2,306$1,804$1,399$1,078$836
23 years$2,763$2,157$1,666$1,275$967$740
24 years$2,619$2,021$1,541$1,162$870$656
25 years$2,488$1,896$1,427$1,062$782$581
26 years$2,367$1,782$1,323$971$705$516
27 years$2,255$1,677$1,229$888$635$458
28 years$2,151$1,581$1,142$814$573$407
29 years$2,054$1,491$1,063$746$518$362
30 years$1,964$1,408$990$685$468$323
31 years$1,880$1,331$923$629$423$287
32 years$1,802$1,260$861$578$383$256
33 years$1,728$1,193$804$532$346$228
34 years$1,659$1,131$751$489$313$203
35 years$1,594$1,072$703$450$284$181
36 years$1,533$1,018$657$415$257$161
37 years$1,475$967$615$382$233$144
38 years$1,420$919$576$352$211$128
39 years$1,368$874$540$325$192$115
40 years$1,319$831$506$300$174$102
41 years$1,273$791$474$276$158$91
42 years$1,229$753$445$255$143$82
43 years$1,187$718$418$235$130$73
44 years$1,147$684$392$217$118$65
45 years$1,108$653$368$201$107$58
46 years$1,072$623$346$185$97$52
47 years$1,037$594$325$171$88$46
48 years$1,004$567$305$158$80$41
49 years$973$542$287$146$73$37
50 years$942$517$270$135$66$33

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $965,000, adding $6,569 every year, while hoping to spend $22,256 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: 46/49/5 Blend
34$965,000$965,000$965,000$965,000
35$1,070,206$1,019,061$1,004,103$1,117,711
36$1,155,687$1,045,315$1,014,061$1,177,264
37$1,249,141$1,072,109$1,023,606$1,238,957
38$1,351,357$1,099,447$1,032,701$1,305,351
39$1,463,207$1,127,330$1,041,307$1,376,884
40$1,585,646$1,155,762$1,049,383$1,454,042
41$1,719,729$1,184,742$1,056,885$1,537,357
42$1,866,618$1,214,271$1,063,767$1,627,415
43$2,027,592$1,244,348$1,069,982$1,724,862
44$2,204,057$1,274,972$1,075,477$1,830,408
45$2,397,567$1,306,142$1,080,201$1,944,836
46$2,609,828$1,337,852$1,084,097$2,069,008
47$2,842,722$1,370,099$1,087,107$2,203,872
48$3,098,323$1,402,876$1,089,167$2,350,471
49$3,378,912$1,436,178$1,090,215$2,509,958
50$3,687,006$1,469,995$1,090,182$2,683,598
51$4,025,373$1,504,318$1,088,996$2,872,788
52$4,397,066$1,539,134$1,086,582$3,079,064
53$4,805,447$1,574,432$1,082,862$3,304,120
54$5,254,218$1,610,195$1,077,754$3,549,822
55$5,747,461$1,646,407$1,071,172$3,818,225
56$6,289,670$1,683,049$1,063,024$4,111,592
57$6,885,797$1,720,099$1,053,216$4,432,419
58$7,541,298$1,757,534$1,041,649$4,783,454
59$8,262,185$1,795,327$1,028,218$5,167,725
60$9,055,080$1,833,450$1,012,816$5,588,569
61$9,927,280$1,871,871$995,327$6,049,664
62$10,886,825$1,910,555$975,632$6,555,060
63$11,942,572$1,949,464$953,608$7,109,222
64$13,104,283$1,988,556$929,122$7,717,070
65$14,382,710$2,027,785$902,038$8,384,025
66$15,789,704$2,067,104$872,213$9,116,060
67$17,338,319$2,106,458$839,498$9,919,759
68$19,042,943$2,145,789$803,736$10,802,377
69$20,919,425$2,185,035$764,763$11,771,908
70$22,985,233$2,224,128$722,409$12,837,164
71$25,259,612$2,262,995$676,495$14,007,853
72$27,763,769$2,301,559$626,835$15,294,677
73$30,521,072$2,339,734$573,232$16,709,427
74$33,557,270$2,377,429$515,484$18,265,099
75$36,900,736$2,414,548$453,377$19,976,015
76$40,582,736$2,450,985$386,690$21,857,958
77$44,637,720$2,486,629$315,189$23,928,325
78$49,103,653$2,521,359$238,633$26,206,283
79$54,022,366$2,555,046$156,768$28,712,962
80$59,439,958$2,587,554$69,330$31,471,644
81$65,407,224$2,618,734$0$34,507,989
82$71,980,139$2,648,431$0$37,851,556
83$79,220,386$2,676,476$0$41,536,263
84$87,195,933$2,702,691$0$45,592,769
85$95,981,681$2,726,886$0$50,058,945
86$105,660,165$2,748,856$0$54,976,527
87$116,322,338$2,768,386$0$60,391,508
88$128,068,425$2,785,245$0$66,354,576
89$141,008,871$2,799,189$0$72,921,592
90$155,265,382$2,809,956$0$80,154,118
91$170,972,076$2,817,269$0$88,119,998
92$188,276,747$2,820,834$0$96,894,000
93$207,342,257$2,820,337$0$106,558,522
94$228,348,080$2,815,446$0$117,204,371
95$251,491,990$2,805,808$0$128,931,622
96$276,991,929$2,791,049$0$141,850,562
97$305,088,066$2,770,771$0$156,082,733
98$336,045,063$2,744,553$0$171,762,081
99$370,154,570$2,711,947$0$189,036,220
100$407,737,984$2,672,481$0$208,067,828