Can I retire at age 35 with 966,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $966,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.4%
1 years$79,771$79,061$78,368$77,691$77,030$75,321
2 years$39,491$38,755$38,043$37,351$36,681$34,968
3 years$26,066$25,327$24,616$23,931$23,272$21,608
4 years$19,354$18,618$17,914$17,241$16,598$14,997
5 years$15,329$14,597$13,902$13,243$12,617$11,083
6 years$12,646$11,919$11,235$10,590$9,984$8,518
7 years$10,730$10,010$9,336$8,707$8,119$6,722
8 years$9,294$8,580$7,918$7,304$6,736$5,407
9 years$8,178$7,471$6,820$6,221$5,673$4,411
10 years$7,285$6,585$5,946$5,363$4,833$3,638
11 years$6,555$5,862$5,234$4,667$4,157$3,026
12 years$5,948$5,262$4,645$4,094$3,602$2,534
13 years$5,434$4,755$4,150$3,614$3,141$2,133
14 years$4,994$4,322$3,729$3,208$2,754$1,804
15 years$4,613$3,948$3,367$2,861$2,424$1,532
16 years$4,280$3,623$3,053$2,562$2,143$1,304
17 years$3,986$3,336$2,778$2,302$1,900$1,114
18 years$3,725$3,083$2,536$2,075$1,689$953
19 years$3,493$2,857$2,321$1,874$1,506$817
20 years$3,283$2,655$2,130$1,698$1,345$701
21 years$3,094$2,473$1,960$1,541$1,204$603
22 years$2,922$2,308$1,806$1,401$1,079$519
23 years$2,766$2,159$1,668$1,276$968$447
24 years$2,622$2,023$1,542$1,164$870$385
25 years$2,490$1,898$1,428$1,063$783$332
26 years$2,369$1,784$1,325$972$706$287
27 years$2,257$1,679$1,230$889$636$248
28 years$2,153$1,582$1,144$815$574$214
29 years$2,056$1,493$1,064$747$518$185
30 years$1,966$1,410$991$686$468$160
31 years$1,882$1,333$924$630$423$138
32 years$1,804$1,261$862$579$383$120
33 years$1,730$1,194$805$532$347$104
34 years$1,661$1,132$752$490$314$90
35 years$1,596$1,073$703$451$284$78
36 years$1,534$1,019$658$415$258$67
37 years$1,476$968$616$383$233$58
38 years$1,422$920$577$353$212$50
39 years$1,370$874$540$325$192$44
40 years$1,321$832$506$300$174$38
41 years$1,274$792$475$277$158$33
42 years$1,230$754$445$255$143$28
43 years$1,188$719$418$236$130$25
44 years$1,148$685$392$218$118$21
45 years$1,110$653$368$201$107$18
46 years$1,073$623$346$186$97$16
47 years$1,038$595$325$172$88$14
48 years$1,005$568$305$159$80$12
49 years$974$542$287$146$73$10
50 years$943$518$270$135$66$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $966,000, adding $2,458 every year, while hoping to spend $32,151 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: 57/21/22 Blend
34$966,000$966,000$966,000$966,000
35$1,067,067$1,015,869$1,000,896$1,121,435
36$1,141,700$1,031,439$1,000,218$1,174,376
37$1,222,867$1,046,693$998,439$1,228,398
38$1,311,202$1,061,584$995,490$1,286,578
39$1,407,401$1,076,057$991,294$1,349,326
40$1,512,229$1,090,057$985,776$1,417,092
41$1,626,530$1,103,524$978,853$1,490,374
42$1,751,231$1,116,391$970,440$1,569,720
43$1,887,354$1,128,592$960,447$1,655,739
44$2,036,022$1,140,051$948,780$1,749,096
45$2,198,474$1,150,691$935,342$1,850,532
46$2,376,071$1,160,428$920,028$1,960,859
47$2,570,314$1,169,172$902,733$2,080,976
48$2,782,854$1,176,829$883,342$2,211,873
49$3,015,509$1,183,298$861,738$2,354,645
50$3,270,283$1,188,472$837,798$2,510,497
51$3,549,380$1,192,235$811,393$2,680,760
52$3,855,229$1,194,467$782,387$2,866,903
53$4,190,505$1,195,038$750,639$3,070,545
54$4,558,153$1,193,812$716,003$3,293,472
55$4,961,418$1,190,642$678,322$3,537,656
56$5,403,874$1,185,375$637,437$3,805,271
57$5,889,457$1,177,846$593,179$4,098,716
58$6,422,502$1,167,881$545,371$4,420,634
59$7,007,786$1,155,296$493,830$4,773,945
60$7,650,570$1,139,895$438,363$5,161,865
61$8,356,650$1,121,471$378,769$5,587,946
62$9,132,410$1,099,805$314,840$6,056,101
63$9,984,883$1,074,664$246,355$6,570,647
64$10,921,820$1,045,801$173,086$7,136,346
65$11,951,757$1,012,956$94,796$7,758,448
66$13,084,098$975,852$11,233$8,442,744
67$14,329,205$934,199$0$9,195,620
68$15,698,495$887,686$0$10,042,413
69$17,204,546$835,987$0$10,976,594
70$18,861,216$778,756$0$12,004,153
71$20,683,772$715,627$0$13,134,598
72$22,689,039$646,215$0$14,378,412
73$24,895,551$570,110$0$15,747,147
74$27,323,734$486,882$0$17,253,536
75$29,996,089$396,073$0$18,911,614
76$32,937,413$297,203$0$20,736,850
77$36,175,025$189,763$0$22,746,291
78$39,739,032$73,215$0$24,958,729
79$43,662,602$0$0$27,394,874
80$47,982,288$0$0$30,089,803
81$52,738,364$0$0$33,075,716
82$57,975,209$0$0$36,363,570
83$63,741,725$0$0$39,984,080
84$70,091,796$0$0$43,971,092
85$77,084,799$0$0$48,361,902
86$84,786,163$0$0$53,197,605
87$93,267,986$0$0$58,523,488
88$102,609,714$0$0$64,389,452
89$112,898,893$0$0$70,850,487
90$124,231,993$0$0$77,967,187
91$136,715,317$0$0$85,806,323
92$150,466,007$0$0$94,441,476
93$165,613,149$0$0$103,953,726
94$182,298,986$0$0$114,432,420
95$200,680,268$0$0$125,976,017
96$220,929,724$0$0$138,693,013
97$243,237,696$0$0$152,702,967
98$267,813,936$0$0$168,137,629
99$294,889,582$0$0$185,142,184
100$324,719,339$0$0$203,876,620