Can I retire at age 35 with 968,000?

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 $968,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.8%
1 years$79,937$79,225$78,530$77,852$77,190$75,973
2 years$39,573$38,836$38,121$37,429$36,757$35,535
3 years$26,120$25,379$24,667$23,981$23,320$22,130
4 years$19,395$18,657$17,951$17,277$16,632$15,483
5 years$15,360$14,627$13,931$13,270$12,643$11,539
6 years$12,672$11,944$11,258$10,612$10,004$8,946
7 years$10,752$10,031$9,356$8,725$8,136$7,124
8 years$9,313$8,598$7,934$7,319$6,750$5,784
9 years$8,195$7,486$6,834$6,234$5,684$4,764
10 years$7,300$6,599$5,958$5,374$4,843$3,967
11 years$6,569$5,874$5,245$4,677$4,165$3,333
12 years$5,960$5,273$4,655$4,102$3,610$2,820
13 years$5,445$4,765$4,159$3,622$3,148$2,400
14 years$5,004$4,331$3,737$3,215$2,759$2,052
15 years$4,622$3,957$3,374$2,867$2,429$1,761
16 years$4,289$3,630$3,059$2,567$2,147$1,517
17 years$3,994$3,343$2,783$2,307$1,904$1,310
18 years$3,733$3,089$2,541$2,079$1,693$1,134
19 years$3,500$2,863$2,326$1,878$1,509$984
20 years$3,290$2,660$2,135$1,701$1,348$855
21 years$3,100$2,478$1,964$1,544$1,206$744
22 years$2,928$2,313$1,810$1,404$1,081$648
23 years$2,771$2,164$1,671$1,278$970$565
24 years$2,628$2,027$1,545$1,166$872$493
25 years$2,496$1,902$1,431$1,065$785$431
26 years$2,374$1,788$1,327$974$707$377
27 years$2,262$1,683$1,233$891$637$330
28 years$2,157$1,586$1,146$817$575$289
29 years$2,061$1,496$1,066$749$519$253
30 years$1,970$1,413$993$687$469$221
31 years$1,886$1,335$926$631$424$194
32 years$1,807$1,264$864$580$384$170
33 years$1,734$1,197$807$533$347$149
34 years$1,664$1,134$754$491$314$131
35 years$1,599$1,076$705$452$285$115
36 years$1,537$1,021$659$416$258$101
37 years$1,479$970$617$383$234$88
38 years$1,425$922$578$353$212$78
39 years$1,373$876$541$326$192$68
40 years$1,323$834$507$301$174$60
41 years$1,277$794$476$277$158$53
42 years$1,232$756$446$256$144$46
43 years$1,190$720$419$236$130$41
44 years$1,150$686$393$218$118$36
45 years$1,112$655$369$201$107$31
46 years$1,075$624$347$186$97$27
47 years$1,041$596$326$172$89$24
48 years$1,007$569$306$159$80$21
49 years$976$543$288$147$73$19
50 years$945$519$270$136$66$16

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $968,000, adding $3,876 every year, while hoping to spend $37,078 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: 66/16/18 Blend
34$968,000$968,000$968,000$968,000
35$1,070,734$1,019,430$1,004,426$1,136,396
36$1,140,498$1,029,931$998,624$1,191,348
37$1,216,136$1,039,705$991,384$1,246,755
38$1,298,206$1,048,675$982,620$1,306,426
39$1,387,326$1,056,763$972,241$1,370,778
40$1,484,172$1,063,883$960,149$1,440,273
41$1,589,489$1,069,945$946,246$1,515,417
42$1,704,098$1,074,853$930,426$1,596,773
43$1,828,899$1,078,504$912,579$1,684,958
44$1,964,887$1,080,791$892,590$1,780,655
45$2,113,153$1,081,597$870,339$1,884,617
46$2,274,899$1,080,799$845,700$1,997,674
47$2,451,448$1,078,268$818,541$2,120,742
48$2,644,258$1,073,865$788,724$2,254,832
49$2,854,931$1,067,444$756,105$2,401,060
50$3,085,233$1,058,847$720,533$2,560,654
51$3,337,107$1,047,912$681,852$2,734,972
52$3,612,694$1,034,461$639,896$2,925,509
53$3,914,350$1,018,310$594,493$3,133,918
54$4,244,668$999,263$545,464$3,362,019
55$4,606,508$977,110$492,621$3,611,820
56$5,003,015$951,632$435,767$3,885,537
57$5,437,656$922,595$374,698$4,185,612
58$5,914,246$889,751$309,199$4,514,742
59$6,436,989$852,839$239,048$4,875,898
60$7,010,516$811,583$164,010$5,272,358
61$7,639,928$765,689$83,843$5,707,738
62$8,330,840$714,848$0$6,186,023
63$9,089,443$658,732$0$6,711,940
64$9,922,552$596,996$0$7,307,214
65$10,837,677$529,273$0$7,961,125
66$11,843,089$455,177$0$8,679,626
67$12,947,903$374,300$0$9,469,274
68$14,162,158$286,209$0$10,337,300
69$15,496,914$190,449$0$11,291,671
70$16,964,357$86,539$0$12,341,168
71$18,577,912$0$0$13,495,472
72$20,352,370$0$0$14,769,831
73$22,304,027$0$0$16,188,275
74$24,450,839$0$0$17,748,627
75$26,812,587$0$0$19,465,272
76$29,411,068$0$0$21,354,063
77$32,270,297$0$0$23,432,466
78$35,416,735$0$0$25,719,725
79$38,879,539$0$0$28,237,045
80$42,690,833$0$0$31,007,790
81$46,886,015$0$0$34,057,703
82$51,504,087$0$0$37,415,151
83$56,588,028$0$0$41,111,392
84$62,185,192$0$0$45,180,866
85$68,347,760$0$0$49,661,523
86$75,133,231$0$0$54,595,182
87$82,604,960$0$0$60,027,923
88$90,832,761$0$0$66,010,519
89$99,893,565$0$0$72,598,923
90$109,872,140$0$0$79,854,787
91$120,861,897$0$0$87,846,048
92$132,965,767$0$0$96,647,570
93$146,297,175$0$0$106,341,845
94$160,981,107$0$0$117,019,777
95$177,155,290$0$0$128,781,537
96$194,971,495$0$0$141,737,507
97$214,596,963$0$0$156,009,324
98$236,215,988$0$0$171,731,026
99$260,031,653$0$0$189,050,317
100$286,267,747$0$0$208,129,962