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%15.1%
1 years$79,689$78,979$78,286$77,610$76,950$75,335
2 years$39,450$38,715$38,003$37,313$36,643$35,023
3 years$26,039$25,301$24,591$23,907$23,248$21,674
4 years$19,334$18,599$17,896$17,223$16,581$15,065
5 years$15,313$14,582$13,888$13,229$12,604$11,151
6 years$12,633$11,907$11,223$10,580$9,973$8,584
7 years$10,719$9,999$9,327$8,698$8,111$6,786
8 years$9,285$8,571$7,910$7,297$6,729$5,468
9 years$8,169$7,463$6,813$6,215$5,667$4,469
10 years$7,278$6,578$5,939$5,357$4,828$3,692
11 years$6,549$5,856$5,229$4,663$4,152$3,077
12 years$5,942$5,256$4,641$4,090$3,598$2,582
13 years$5,428$4,750$4,146$3,611$3,138$2,178
14 years$4,989$4,318$3,725$3,205$2,751$1,846
15 years$4,608$3,944$3,363$2,858$2,422$1,570
16 years$4,275$3,619$3,049$2,559$2,141$1,340
17 years$3,982$3,333$2,775$2,300$1,898$1,147
18 years$3,722$3,080$2,533$2,072$1,688$983
19 years$3,489$2,854$2,319$1,873$1,504$845
20 years$3,280$2,652$2,128$1,696$1,344$727
21 years$3,091$2,470$1,958$1,539$1,202$626
22 years$2,919$2,306$1,804$1,399$1,078$540
23 years$2,763$2,157$1,666$1,275$967$466
24 years$2,619$2,021$1,541$1,162$870$403
25 years$2,488$1,896$1,427$1,062$782$348
26 years$2,367$1,782$1,323$971$705$302
27 years$2,255$1,677$1,229$888$635$261
28 years$2,151$1,581$1,142$814$573$226
29 years$2,054$1,491$1,063$746$518$196
30 years$1,964$1,408$990$685$468$170
31 years$1,880$1,331$923$629$423$147
32 years$1,802$1,260$861$578$383$128
33 years$1,728$1,193$804$532$346$111
34 years$1,659$1,131$751$489$313$96
35 years$1,594$1,072$703$450$284$83
36 years$1,533$1,018$657$415$257$72
37 years$1,475$967$615$382$233$63
38 years$1,420$919$576$352$211$55
39 years$1,368$874$540$325$192$47
40 years$1,319$831$506$300$174$41
41 years$1,273$791$474$276$158$36
42 years$1,229$753$445$255$143$31
43 years$1,187$718$418$235$130$27
44 years$1,147$684$392$217$118$23
45 years$1,108$653$368$201$107$20
46 years$1,072$623$346$185$97$18
47 years$1,037$594$325$171$88$15
48 years$1,004$567$305$158$80$13
49 years$973$542$287$146$73$12
50 years$942$517$270$135$66$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $965,000, adding $3,202 every year, while hoping to spend $35,986 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: 30/49/21 Blend
34$965,000$965,000$965,000$965,000
35$1,066,733$1,015,588$1,000,630$1,091,652
36$1,137,251$1,027,063$995,863$1,122,393
37$1,213,755$1,037,894$989,729$1,151,996
38$1,296,819$1,048,012$982,146$1,183,088
39$1,387,073$1,057,342$973,026$1,215,822
40$1,485,208$1,065,806$962,276$1,250,364
41$1,591,988$1,073,319$949,801$1,286,904
42$1,708,251$1,079,792$935,499$1,325,651
43$1,834,920$1,085,129$919,266$1,366,837
44$1,973,011$1,089,229$900,990$1,410,723
45$2,123,641$1,091,985$880,557$1,457,599
46$2,288,041$1,093,281$857,844$1,507,784
47$2,467,565$1,092,995$832,726$1,561,638
48$2,663,705$1,091,000$805,070$1,619,558
49$2,878,100$1,087,156$774,737$1,681,987
50$3,112,559$1,081,320$741,584$1,749,415
51$3,369,071$1,073,335$705,458$1,822,387
52$3,649,827$1,063,039$666,201$1,901,511
53$3,957,238$1,050,257$623,648$1,987,458
54$4,293,962$1,034,805$577,626$2,080,974
55$4,662,924$1,016,489$527,954$2,182,888
56$5,067,346$995,101$474,444$2,294,116
57$5,510,777$970,422$416,899$2,415,678
58$5,997,124$942,220$355,113$2,548,702
59$6,530,692$910,251$288,871$2,694,437
60$7,116,223$874,253$217,949$2,854,269
61$7,758,939$833,953$142,111$3,029,734
62$8,464,594$789,059$61,115$3,222,529
63$9,239,523$739,264$0$3,434,538
64$10,090,709$684,243$0$3,673,518
65$11,025,842$623,651$0$3,951,081
66$12,053,394$557,126$0$4,256,134
67$13,182,697$484,283$0$4,591,565
68$14,424,036$404,715$0$4,960,563
69$15,788,736$317,996$0$5,366,652
70$17,289,280$223,670$0$5,813,726
71$18,939,418$121,261$0$6,306,084
72$20,754,298$10,262$0$6,848,475
73$22,750,612$0$0$7,446,140
74$24,946,751$0$0$8,164,107
75$27,362,977$0$0$8,960,287
76$30,021,615$0$0$9,836,527
77$32,947,263$0$0$10,800,955
78$36,167,027$0$0$11,862,529
79$39,710,769$0$0$13,031,120
80$43,611,396$0$0$14,317,604
81$47,905,167$0$0$15,733,964
82$52,632,032$0$0$17,293,406
83$57,836,014$0$0$19,010,480
84$63,565,622$0$0$20,901,220
85$69,874,304$0$0$22,983,293
86$76,820,960$0$0$25,276,167
87$84,470,488$0$0$27,801,294
88$92,894,402$0$0$30,582,314
89$102,171,505$0$0$33,645,274
90$112,388,632$0$0$37,018,878
91$123,641,468$0$0$40,734,757
92$136,035,453$0$0$44,827,763
93$149,686,774$0$0$49,336,305
94$164,723,466$0$0$54,302,706
95$181,286,612$0$0$59,773,603
96$199,531,681$0$0$65,800,391
97$219,629,994$0$0$72,439,703
98$241,770,336$0$0$79,753,945
99$266,160,742$0$0$87,811,891
100$293,030,460$0$0$96,689,323