Can I retire at age 35 with 967,000?

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 $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%16.8%
1 years$79,854$79,143$78,449$77,771$77,110$74,972
2 years$39,532$38,795$38,082$37,390$36,719$34,581
3 years$26,093$25,353$24,642$23,956$23,296$21,225
4 years$19,374$18,637$17,933$17,259$16,615$14,627
5 years$15,345$14,612$13,917$13,257$12,630$10,731
6 years$12,659$11,932$11,247$10,601$9,994$8,184
7 years$10,741$10,020$9,346$8,716$8,128$6,408
8 years$9,304$8,589$7,926$7,312$6,743$5,112
9 years$8,186$7,478$6,827$6,228$5,678$4,136
10 years$7,293$6,592$5,952$5,369$4,838$3,381
11 years$6,562$5,868$5,240$4,672$4,161$2,787
12 years$5,954$5,267$4,650$4,098$3,606$2,313
13 years$5,440$4,760$4,155$3,618$3,144$1,929
14 years$4,999$4,327$3,733$3,212$2,756$1,616
15 years$4,618$3,952$3,370$2,864$2,427$1,358
16 years$4,284$3,626$3,056$2,565$2,145$1,145
17 years$3,990$3,340$2,781$2,304$1,902$968
18 years$3,729$3,086$2,538$2,077$1,691$820
19 years$3,496$2,860$2,324$1,876$1,507$695
20 years$3,287$2,658$2,133$1,699$1,346$591
21 years$3,097$2,476$1,962$1,542$1,205$502
22 years$2,925$2,311$1,808$1,402$1,080$428
23 years$2,768$2,161$1,669$1,277$969$364
24 years$2,625$2,025$1,544$1,165$871$311
25 years$2,493$1,900$1,430$1,064$784$265
26 years$2,372$1,786$1,326$973$706$226
27 years$2,259$1,681$1,231$890$637$193
28 years$2,155$1,584$1,145$816$575$165
29 years$2,059$1,494$1,065$748$519$141
30 years$1,968$1,411$992$687$469$121
31 years$1,884$1,334$925$631$424$103
32 years$1,806$1,262$863$579$383$88
33 years$1,732$1,195$806$533$347$75
34 years$1,662$1,133$753$490$314$64
35 years$1,597$1,075$704$451$285$55
36 years$1,536$1,020$659$416$258$47
37 years$1,478$969$616$383$234$40
38 years$1,423$921$577$353$212$35
39 years$1,371$875$541$325$192$30
40 years$1,322$833$507$300$174$25
41 years$1,275$793$475$277$158$22
42 years$1,231$755$446$256$143$19
43 years$1,189$719$418$236$130$16
44 years$1,149$686$393$218$118$14
45 years$1,111$654$369$201$107$12
46 years$1,074$624$346$186$97$10
47 years$1,040$595$325$172$88$9
48 years$1,006$568$306$159$80$7
49 years$975$543$287$147$73$6
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 $2,488 every year, while hoping to spend $44,342 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: 65/21/14 Blend
34$967,000$967,000$967,000$967,000
35$1,068,200$1,016,949$1,001,961$1,133,941
36$1,129,977$1,019,600$988,347$1,180,849
37$1,196,569$1,020,895$972,791$1,226,704
38$1,268,421$1,020,720$955,181$1,275,709
39$1,346,020$1,018,956$935,399$1,328,171
40$1,429,903$1,015,473$913,324$1,384,428
41$1,520,659$1,010,138$888,827$1,444,854
42$1,618,938$1,002,806$861,774$1,509,862
43$1,725,450$993,325$832,024$1,579,910
44$1,840,981$981,532$799,432$1,655,501
45$1,966,391$967,257$763,843$1,737,192
46$2,102,628$950,318$725,097$1,825,601
47$2,250,734$930,522$683,026$1,921,406
48$2,411,857$907,666$637,456$2,025,360
49$2,587,259$881,533$588,202$2,138,293
50$2,778,327$851,896$535,075$2,261,120
51$2,986,590$818,513$477,874$2,394,855
52$3,213,730$781,127$416,390$2,540,615
53$3,461,596$739,469$350,405$2,699,636
54$3,732,227$693,251$279,692$2,873,281
55$4,027,865$642,171$204,012$3,063,055
56$4,350,980$585,910$123,119$3,270,621
57$4,704,288$524,128$36,752$3,497,814
58$5,090,783$456,468$0$3,746,660
59$5,513,761$382,553$0$4,027,674
60$5,976,850$301,983$0$4,341,444
61$6,484,045$214,336$0$4,685,241
62$7,039,747$119,168$0$5,062,122
63$7,648,802$16,008$0$5,475,452
64$8,316,547$0$0$5,928,945
65$9,048,861$0$0$6,448,797
66$9,852,217$0$0$7,023,205
67$10,733,747$0$0$7,653,576
68$11,701,307$0$0$8,345,536
69$12,763,548$0$0$9,105,282
70$13,930,003$0$0$9,939,640
71$15,211,169$0$0$10,856,129
72$16,618,614$0$0$11,863,034
73$18,165,080$0$0$12,969,480
74$19,864,603$0$0$14,185,520
75$21,732,648$0$0$15,522,230
76$23,786,252$0$0$16,991,814
77$26,044,186$0$0$18,607,714
78$28,527,128$0$0$20,384,741
79$31,257,863$0$0$22,339,216
80$34,261,493$0$0$24,489,116
81$37,565,677$0$0$26,854,253
82$41,200,887$0$0$29,456,451
83$45,200,699$0$0$32,319,761
84$49,602,107$0$0$35,470,678
85$54,445,874$0$0$38,938,400
86$59,776,912$0$0$42,755,095
87$65,644,709$0$0$46,956,210
88$72,103,793$0$0$51,580,802
89$79,214,249$0$0$56,671,907
90$87,042,281$0$0$62,276,944
91$95,660,840$0$0$68,448,168
92$105,150,310$0$0$75,243,154
93$115,599,266$0$0$82,725,347
94$127,105,310$0$0$90,964,656
95$139,775,990$0$0$100,038,116
96$153,729,816$0$0$110,030,614
97$169,097,378$0$0$121,035,688
98$186,022,575$0$0$133,156,411
99$204,663,977$0$0$146,506,362
100$225,196,315$0$0$161,210,701