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%19.3%
1 years$79,854$79,143$78,449$77,771$77,110$74,226
2 years$39,532$38,795$38,082$37,390$36,719$33,847
3 years$26,093$25,353$24,642$23,956$23,296$20,526
4 years$19,374$18,637$17,933$17,259$16,615$13,968
5 years$15,345$14,612$13,917$13,257$12,630$10,113
6 years$12,659$11,932$11,247$10,601$9,994$7,608
7 years$10,741$10,020$9,346$8,716$8,128$5,873
8 years$9,304$8,589$7,926$7,312$6,743$4,616
9 years$8,186$7,478$6,827$6,228$5,678$3,678
10 years$7,293$6,592$5,952$5,369$4,838$2,960
11 years$6,562$5,868$5,240$4,672$4,161$2,401
12 years$5,954$5,267$4,650$4,098$3,606$1,959
13 years$5,440$4,760$4,155$3,618$3,144$1,607
14 years$4,999$4,327$3,733$3,212$2,756$1,323
15 years$4,618$3,952$3,370$2,864$2,427$1,093
16 years$4,284$3,626$3,056$2,565$2,145$905
17 years$3,990$3,340$2,781$2,304$1,902$751
18 years$3,729$3,086$2,538$2,077$1,691$624
19 years$3,496$2,860$2,324$1,876$1,507$519
20 years$3,287$2,658$2,133$1,699$1,346$433
21 years$3,097$2,476$1,962$1,542$1,205$361
22 years$2,925$2,311$1,808$1,402$1,080$301
23 years$2,768$2,161$1,669$1,277$969$252
24 years$2,625$2,025$1,544$1,165$871$210
25 years$2,493$1,900$1,430$1,064$784$176
26 years$2,372$1,786$1,326$973$706$147
27 years$2,259$1,681$1,231$890$637$123
28 years$2,155$1,584$1,145$816$575$103
29 years$2,059$1,494$1,065$748$519$86
30 years$1,968$1,411$992$687$469$72
31 years$1,884$1,334$925$631$424$61
32 years$1,806$1,262$863$579$383$51
33 years$1,732$1,195$806$533$347$42
34 years$1,662$1,133$753$490$314$36
35 years$1,597$1,075$704$451$285$30
36 years$1,536$1,020$659$416$258$25
37 years$1,478$969$616$383$234$21
38 years$1,423$921$577$353$212$18
39 years$1,371$875$541$325$192$15
40 years$1,322$833$507$300$174$12
41 years$1,275$793$475$277$158$10
42 years$1,231$755$446$256$143$9
43 years$1,189$719$418$236$130$7
44 years$1,149$686$393$218$118$6
45 years$1,111$654$369$201$107$5
46 years$1,074$624$346$186$97$4
47 years$1,040$595$325$172$88$4
48 years$1,006$568$306$159$80$3
49 years$975$543$287$147$73$3
50 years$944$518$270$136$66$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $967,000, adding $5,292 every year, while hoping to spend $38,518 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: 47/34/19 Blend
34$967,000$967,000$967,000$967,000
35$1,071,093$1,019,842$1,004,853$1,115,429
36$1,139,361$1,028,831$997,533$1,155,853
37$1,213,302$1,036,970$988,676$1,195,405
38$1,293,454$1,044,176$978,192$1,237,524
39$1,380,407$1,050,362$965,982$1,282,467
40$1,474,813$1,055,434$951,947$1,330,517
41$1,577,386$1,059,293$935,980$1,381,989
42$1,688,915$1,061,833$917,970$1,437,230
43$1,810,264$1,062,943$897,802$1,496,628
44$1,942,387$1,062,503$875,355$1,560,609
45$2,086,333$1,060,388$850,501$1,629,646
46$2,243,254$1,056,462$823,108$1,704,264
47$2,414,420$1,050,583$793,037$1,785,041
48$2,601,230$1,042,601$760,142$1,872,620
49$2,805,221$1,032,354$724,273$1,967,710
50$3,028,088$1,019,673$685,270$2,071,097
51$3,271,694$1,004,378$642,967$2,183,650
52$3,538,092$986,278$597,192$2,306,330
53$3,829,542$965,171$547,763$2,440,200
54$4,148,533$940,842$494,491$2,586,435
55$4,497,805$913,064$437,178$2,746,336
56$4,880,376$881,599$375,617$2,921,339
57$5,299,568$846,191$309,595$3,113,033
58$5,759,042$806,572$238,884$3,323,173
59$6,262,828$762,458$163,250$3,553,699
60$6,815,365$713,548$82,448$3,806,756
61$7,421,544$659,523$0$4,084,713
62$8,086,750$600,049$0$4,390,954
63$8,816,916$534,768$0$4,745,491
64$9,618,576$463,306$0$5,134,841
65$10,498,929$385,267$0$5,562,591
66$11,465,904$300,229$0$6,032,699
67$12,528,238$207,752$0$6,549,531
68$13,695,553$107,367$0$7,117,904
69$14,978,452$0$0$7,743,131
70$16,388,614$0$0$8,431,609
71$17,938,907$0$0$9,232,781
72$19,643,507$0$0$10,113,819
73$21,518,033$0$0$11,082,811
74$23,579,694$0$0$12,148,667
75$25,847,450$0$0$13,321,206
76$28,342,189$0$0$14,611,245
77$31,086,929$0$0$16,030,704
78$34,107,027$0$0$17,592,714
79$37,430,426$0$0$19,311,746
80$41,087,914$0$0$21,203,744
81$45,113,411$0$0$23,286,274
82$49,544,298$0$0$25,578,695
83$54,421,758$0$0$28,102,335
84$59,791,173$0$0$30,880,696
85$65,702,548$0$0$33,939,676
86$72,210,983$0$0$37,307,810
87$79,377,192$0$0$41,016,542
88$87,268,075$0$0$45,100,520
89$95,957,352$0$0$49,597,922
90$105,526,256$0$0$54,550,820
91$116,064,297$0$0$60,005,572
92$127,670,111$0$0$66,013,261
93$140,452,387$0$0$72,630,178
94$154,530,892$0$0$79,918,354
95$170,037,604$0$0$87,946,140
96$187,117,955$0$0$96,788,858
97$205,932,201$0$0$106,529,508
98$226,656,940$0$0$117,259,552
99$249,486,770$0$0$129,079,777
100$274,636,135$0$0$142,101,248