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%17.4%
1 years$79,854$79,143$78,449$77,771$77,110$74,791
2 years$39,532$38,795$38,082$37,390$36,719$34,403
3 years$26,093$25,353$24,642$23,956$23,296$21,055
4 years$19,374$18,637$17,933$17,259$16,615$14,465
5 years$15,345$14,612$13,917$13,257$12,630$10,579
6 years$12,659$11,932$11,247$10,601$9,994$8,042
7 years$10,741$10,020$9,346$8,716$8,128$6,275
8 years$9,304$8,589$7,926$7,312$6,743$4,989
9 years$8,186$7,478$6,827$6,228$5,678$4,021
10 years$7,293$6,592$5,952$5,369$4,838$3,275
11 years$6,562$5,868$5,240$4,672$4,161$2,689
12 years$5,954$5,267$4,650$4,098$3,606$2,223
13 years$5,440$4,760$4,155$3,618$3,144$1,846
14 years$4,999$4,327$3,733$3,212$2,756$1,540
15 years$4,618$3,952$3,370$2,864$2,427$1,289
16 years$4,284$3,626$3,056$2,565$2,145$1,082
17 years$3,990$3,340$2,781$2,304$1,902$911
18 years$3,729$3,086$2,538$2,077$1,691$768
19 years$3,496$2,860$2,324$1,876$1,507$648
20 years$3,287$2,658$2,133$1,699$1,346$548
21 years$3,097$2,476$1,962$1,542$1,205$464
22 years$2,925$2,311$1,808$1,402$1,080$393
23 years$2,768$2,161$1,669$1,277$969$333
24 years$2,625$2,025$1,544$1,165$871$283
25 years$2,493$1,900$1,430$1,064$784$240
26 years$2,372$1,786$1,326$973$706$204
27 years$2,259$1,681$1,231$890$637$173
28 years$2,155$1,584$1,145$816$575$147
29 years$2,059$1,494$1,065$748$519$125
30 years$1,968$1,411$992$687$469$107
31 years$1,884$1,334$925$631$424$91
32 years$1,806$1,262$863$579$383$77
33 years$1,732$1,195$806$533$347$66
34 years$1,662$1,133$753$490$314$56
35 years$1,597$1,075$704$451$285$48
36 years$1,536$1,020$659$416$258$41
37 years$1,478$969$616$383$234$35
38 years$1,423$921$577$353$212$29
39 years$1,371$875$541$325$192$25
40 years$1,322$833$507$300$174$21
41 years$1,275$793$475$277$158$18
42 years$1,231$755$446$256$143$15
43 years$1,189$719$418$236$130$13
44 years$1,149$686$393$218$118$11
45 years$1,111$654$369$201$107$10
46 years$1,074$624$346$186$97$8
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$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $967,000, adding $3,623 every year, while hoping to spend $56,592 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: 31/44/25 Blend
34$967,000$967,000$967,000$967,000
35$1,069,371$1,018,120$1,003,132$1,094,196
36$1,118,234$1,007,795$976,523$1,103,184
37$1,170,183$995,066$947,126$1,107,578
38$1,225,475$979,758$914,789$1,111,166
39$1,284,389$961,681$879,349$1,113,916
40$1,347,230$940,637$840,641$1,115,798
41$1,414,334$916,415$798,489$1,116,783
42$1,486,068$888,791$752,710$1,116,846
43$1,562,833$857,528$703,112$1,115,968
44$1,645,072$822,377$649,497$1,114,130
45$1,733,269$783,073$591,654$1,111,323
46$1,827,955$739,336$529,367$1,107,543
47$1,929,712$690,869$462,406$1,102,793
48$2,039,180$637,359$390,534$1,097,086
49$2,157,062$578,475$313,503$1,090,445
50$2,284,129$513,868$231,052$1,082,905
51$2,421,230$443,166$142,912$1,074,515
52$2,569,294$365,980$48,798$1,065,340
53$2,729,345$281,897$0$1,055,463
54$2,902,509$190,480$0$1,058,761
55$3,090,020$91,268$0$1,076,375
56$3,293,238$0$0$1,095,511
57$3,513,657$0$0$1,124,299
58$3,752,921$0$0$1,203,641
59$4,012,838$0$0$1,289,963
60$4,295,395$0$0$1,383,942
61$4,602,781$0$0$1,486,322
62$4,937,401$0$0$1,597,924
63$5,301,905$0$0$1,719,649
64$5,699,206$0$0$1,852,490
65$6,132,511$0$0$1,997,539
66$6,605,352$0$0$2,156,001
67$7,121,612$0$0$2,329,200
68$7,685,571$0$0$2,518,594
69$8,301,936$0$0$2,725,787
70$8,975,892$0$0$2,952,549
71$9,713,148$0$0$3,200,826
72$10,519,987$0$0$3,472,761
73$11,403,331$0$0$3,770,715
74$12,370,801$0$0$4,097,288
75$13,430,789$0$0$4,455,343
76$14,592,538$0$0$4,848,034
77$15,866,227$0$0$5,278,834
78$17,263,068$0$0$5,751,569
79$18,795,409$0$0$6,270,453
80$20,476,852$0$0$6,840,129
81$22,322,377$0$0$7,465,710
82$24,348,488$0$0$8,152,828
83$26,573,363$0$0$8,907,689
84$29,017,027$0$0$9,737,129
85$31,701,540$0$0$10,648,678
86$34,651,204$0$0$11,650,635
87$37,892,791$0$0$12,752,138
88$41,455,796$0$0$13,963,258
89$45,372,712$0$0$15,295,091
90$49,679,338$0$0$16,759,859
91$54,415,117$0$0$18,371,031
92$59,623,503$0$0$20,143,444
93$65,352,373$0$0$22,093,449
94$71,654,476$0$0$24,239,058
95$78,587,933$0$0$26,600,120
96$86,216,780$0$0$29,198,503
97$94,611,576$0$0$32,058,305
98$103,850,062$0$0$35,206,075
99$114,017,899$0$0$38,671,069
100$125,209,473$0$0$42,485,523