Can I retire at age 35 with 966,000?

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 $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%15.9%
1 years$79,771$79,061$78,368$77,691$77,030$75,168
2 years$39,491$38,755$38,043$37,351$36,681$34,816
3 years$26,066$25,327$24,616$23,931$23,272$21,463
4 years$19,354$18,618$17,914$17,241$16,598$14,858
5 years$15,329$14,597$13,902$13,243$12,617$10,952
6 years$12,646$11,919$11,235$10,590$9,984$8,394
7 years$10,730$10,010$9,336$8,707$8,119$6,606
8 years$9,294$8,580$7,918$7,304$6,736$5,298
9 years$8,178$7,471$6,820$6,221$5,673$4,309
10 years$7,285$6,585$5,946$5,363$4,833$3,543
11 years$6,555$5,862$5,234$4,667$4,157$2,937
12 years$5,948$5,262$4,645$4,094$3,602$2,452
13 years$5,434$4,755$4,150$3,614$3,141$2,057
14 years$4,994$4,322$3,729$3,208$2,754$1,734
15 years$4,613$3,948$3,367$2,861$2,424$1,467
16 years$4,280$3,623$3,053$2,562$2,143$1,245
17 years$3,986$3,336$2,778$2,302$1,900$1,059
18 years$3,725$3,083$2,536$2,075$1,689$903
19 years$3,493$2,857$2,321$1,874$1,506$771
20 years$3,283$2,655$2,130$1,698$1,345$659
21 years$3,094$2,473$1,960$1,541$1,204$565
22 years$2,922$2,308$1,806$1,401$1,079$484
23 years$2,766$2,159$1,668$1,276$968$415
24 years$2,622$2,023$1,542$1,164$870$357
25 years$2,490$1,898$1,428$1,063$783$306
26 years$2,369$1,784$1,325$972$706$263
27 years$2,257$1,679$1,230$889$636$227
28 years$2,153$1,582$1,144$815$574$195
29 years$2,056$1,493$1,064$747$518$168
30 years$1,966$1,410$991$686$468$145
31 years$1,882$1,333$924$630$423$125
32 years$1,804$1,261$862$579$383$107
33 years$1,730$1,194$805$532$347$92
34 years$1,661$1,132$752$490$314$80
35 years$1,596$1,073$703$451$284$69
36 years$1,534$1,019$658$415$258$59
37 years$1,476$968$616$383$233$51
38 years$1,422$920$577$353$212$44
39 years$1,370$874$540$325$192$38
40 years$1,321$832$506$300$174$33
41 years$1,274$792$475$277$158$28
42 years$1,230$754$445$255$143$24
43 years$1,188$719$418$236$130$21
44 years$1,148$685$392$218$118$18
45 years$1,110$653$368$201$107$16
46 years$1,073$623$346$186$97$13
47 years$1,038$595$325$172$88$12
48 years$1,005$568$305$159$80$10
49 years$974$542$287$146$73$9
50 years$943$518$270$135$66$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $966,000, adding $2,791 every year, while hoping to spend $57,248 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: 51/23/26 Blend
34$966,000$966,000$966,000$966,000
35$1,067,411$1,016,213$1,001,240$1,113,924
36$1,115,375$1,005,096$973,870$1,135,437
37$1,166,314$991,515$943,665$1,152,810
38$1,220,468$975,290$910,468$1,170,554
39$1,278,105$956,229$874,118$1,188,728
40$1,339,515$934,128$834,444$1,207,400
41$1,405,017$908,771$791,269$1,226,650
42$1,474,960$879,932$744,408$1,246,570
43$1,549,725$847,368$693,665$1,267,265
44$1,629,733$810,825$638,838$1,288,853
45$1,715,442$770,032$579,716$1,311,472
46$1,807,358$724,703$516,077$1,335,276
47$1,906,032$674,538$447,689$1,360,441
48$2,012,072$619,215$374,312$1,387,167
49$2,126,144$558,398$295,692$1,415,679
50$2,248,981$491,729$211,568$1,446,232
51$2,381,385$418,831$121,663$1,479,113
52$2,524,238$339,306$25,691$1,514,644
53$2,678,512$252,733$0$1,553,188
54$2,845,270$158,667$0$1,616,440
55$3,025,684$56,639$0$1,692,561
56$3,221,042$0$0$1,775,019
57$3,432,759$0$0$1,878,110
58$3,662,391$0$0$2,005,556
59$3,911,649$0$0$2,143,982
60$4,182,416$0$0$2,294,443
61$4,476,762$0$0$2,458,102
62$4,796,965$0$0$2,636,238
63$5,145,532$0$0$2,830,258
64$5,525,219$0$0$3,041,708
65$5,939,062$0$0$3,272,294
66$6,390,401$0$0$3,523,889
67$6,882,911$0$0$3,798,559
68$7,420,639$0$0$4,098,575
69$8,008,039$0$0$4,426,438
70$8,650,014$0$0$4,784,903
71$9,351,963$0$0$5,177,000
72$10,119,830$0$0$5,606,068
73$10,960,159$0$0$6,075,783
74$11,880,157$0$0$6,590,193
75$12,887,760$0$0$7,153,755
76$13,991,707$0$0$7,771,379
77$15,201,622$0$0$8,448,470
78$16,528,106$0$0$9,190,983
79$17,982,833$0$0$10,005,477
80$19,578,660$0$0$10,899,175
81$21,329,752$0$0$11,880,034
82$23,251,708$0$0$12,956,819
83$25,361,714$0$0$14,139,184
84$27,678,696$0$0$15,437,765
85$30,223,509$0$0$16,864,277
86$33,019,123$0$0$18,431,627
87$36,090,843$0$0$20,154,033
88$39,466,548$0$0$22,047,159
89$43,176,949$0$0$24,128,263
90$47,255,882$0$0$26,416,357
91$51,740,626$0$0$28,932,387
92$56,672,250$0$0$31,699,432
93$62,096,003$0$0$34,742,917
94$68,061,739$0$0$38,090,857
95$74,624,386$0$0$41,774,118
96$81,844,464$0$0$45,826,709
97$89,788,655$0$0$50,286,100
98$98,530,429$0$0$55,193,579
99$108,150,738$0$0$60,594,637
100$118,738,781$0$0$66,539,399