Can I retire at age 35 with 967,000?

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 $967,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.2%
1 years$79,854$79,143$78,449$77,771$77,110$74,852
2 years$39,532$38,795$38,082$37,390$36,719$34,462
3 years$26,093$25,353$24,642$23,956$23,296$21,111
4 years$19,374$18,637$17,933$17,259$16,615$14,519
5 years$15,345$14,612$13,917$13,257$12,630$10,629
6 years$12,659$11,932$11,247$10,601$9,994$8,089
7 years$10,741$10,020$9,346$8,716$8,128$6,319
8 years$9,304$8,589$7,926$7,312$6,743$5,030
9 years$8,186$7,478$6,827$6,228$5,678$4,059
10 years$7,293$6,592$5,952$5,369$4,838$3,310
11 years$6,562$5,868$5,240$4,672$4,161$2,722
12 years$5,954$5,267$4,650$4,098$3,606$2,252
13 years$5,440$4,760$4,155$3,618$3,144$1,874
14 years$4,999$4,327$3,733$3,212$2,756$1,565
15 years$4,618$3,952$3,370$2,864$2,427$1,312
16 years$4,284$3,626$3,056$2,565$2,145$1,103
17 years$3,990$3,340$2,781$2,304$1,902$929
18 years$3,729$3,086$2,538$2,077$1,691$785
19 years$3,496$2,860$2,324$1,876$1,507$664
20 years$3,287$2,658$2,133$1,699$1,346$562
21 years$3,097$2,476$1,962$1,542$1,205$476
22 years$2,925$2,311$1,808$1,402$1,080$404
23 years$2,768$2,161$1,669$1,277$969$343
24 years$2,625$2,025$1,544$1,165$871$292
25 years$2,493$1,900$1,430$1,064$784$248
26 years$2,372$1,786$1,326$973$706$211
27 years$2,259$1,681$1,231$890$637$180
28 years$2,155$1,584$1,145$816$575$153
29 years$2,059$1,494$1,065$748$519$130
30 years$1,968$1,411$992$687$469$111
31 years$1,884$1,334$925$631$424$95
32 years$1,806$1,262$863$579$383$81
33 years$1,732$1,195$806$533$347$69
34 years$1,662$1,133$753$490$314$59
35 years$1,597$1,075$704$451$285$50
36 years$1,536$1,020$659$416$258$43
37 years$1,478$969$616$383$234$36
38 years$1,423$921$577$353$212$31
39 years$1,371$875$541$325$192$26
40 years$1,322$833$507$300$174$23
41 years$1,275$793$475$277$158$19
42 years$1,231$755$446$256$143$16
43 years$1,189$719$418$236$130$14
44 years$1,149$686$393$218$118$12
45 years$1,111$654$369$201$107$10
46 years$1,074$624$346$186$97$9
47 years$1,040$595$325$172$88$7
48 years$1,006$568$306$159$80$6
49 years$975$543$287$147$73$5
50 years$944$518$270$136$66$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $967,000, adding $6,133 every year, while hoping to spend $46,480 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: 62/19/19 Blend
34$967,000$967,000$967,000$967,000
35$1,071,960$1,020,709$1,005,721$1,132,833
36$1,131,846$1,021,270$989,958$1,175,167
37$1,196,282$1,020,300$972,109$1,215,617
38$1,265,684$1,017,675$952,056$1,258,701
39$1,340,507$1,013,265$929,673$1,304,680
40$1,421,252$1,006,928$904,831$1,353,843
41$1,508,470$998,518$877,393$1,406,508
42$1,602,765$987,877$847,217$1,463,031
43$1,704,802$974,837$814,153$1,523,804
44$1,815,311$959,223$778,046$1,589,258
45$1,935,095$940,848$738,734$1,659,875
46$2,065,038$919,513$696,044$1,736,185
47$2,206,110$895,008$649,801$1,818,774
48$2,359,382$867,111$599,817$1,908,293
49$2,526,026$835,587$545,898$2,005,459
50$2,707,337$800,187$487,842$2,111,066
51$2,904,737$760,647$425,436$2,225,992
52$3,119,790$716,690$358,459$2,351,208
53$3,354,221$668,020$286,680$2,487,787
54$3,609,924$614,325$209,856$2,636,915
55$3,888,987$555,277$127,737$2,799,902
56$4,193,706$490,528$40,058$2,978,197
57$4,526,609$419,709$0$3,173,401
58$4,890,481$342,433$0$3,398,131
59$5,288,385$258,287$0$3,652,862
60$5,723,697$166,840$0$3,931,684
61$6,200,131$67,632$0$4,237,045
62$6,721,779$0$0$4,571,642
63$7,293,146$0$0$4,946,777
64$7,919,193$0$0$5,373,378
65$8,605,384$0$0$5,841,036
66$9,357,738$0$0$6,353,861
67$10,182,882$0$0$6,916,381
68$11,088,116$0$0$7,533,583
69$12,081,482$0$0$8,210,958
70$13,171,835$0$0$8,954,558
71$14,368,933$0$0$9,771,047
72$15,683,523$0$0$10,667,766
73$17,127,443$0$0$11,652,803
74$18,713,735$0$0$12,735,066
75$20,456,766$0$0$13,924,372
76$22,372,365$0$0$15,231,531
77$24,477,969$0$0$16,668,458
78$26,792,788$0$0$18,248,275
79$29,337,988$0$0$19,985,443
80$32,136,887$0$0$21,895,890
81$35,215,176$0$0$23,997,169
82$38,601,161$0$0$26,308,617
83$42,326,029$0$0$28,851,540
84$46,424,141$0$0$31,649,414
85$50,933,357$0$0$34,728,105
86$55,895,393$0$0$38,116,111
87$61,356,212$0$0$41,844,834
88$67,366,458$0$0$45,948,875
89$73,981,935$0$0$50,466,358
90$81,264,129$0$0$55,439,291
91$89,280,792$0$0$60,913,962
92$98,106,579$0$0$66,941,375
93$107,823,748$0$0$73,577,732
94$118,522,943$0$0$80,884,959
95$130,304,043$0$0$88,931,296
96$143,277,106$0$0$97,791,936
97$157,563,405$0$0$107,549,735
98$173,296,577$0$0$118,295,994
99$190,623,875$0$0$130,131,322
100$209,707,566$0$0$143,166,581