Can I retire at age 35 with 969,000?

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 $969,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.2%
1 years$80,019$79,306$78,611$77,932$77,269$75,927
2 years$39,613$38,876$38,161$37,467$36,795$35,447
3 years$26,147$25,406$24,692$24,006$23,344$22,032
4 years$19,415$18,676$17,970$17,295$16,649$15,384
5 years$15,376$14,642$13,945$13,284$12,657$11,441
6 years$12,685$11,956$11,270$10,623$10,015$8,851
7 years$10,764$10,041$9,365$8,734$8,145$7,032
8 years$9,323$8,607$7,943$7,327$6,757$5,696
9 years$8,203$7,494$6,841$6,241$5,690$4,680
10 years$7,308$6,606$5,964$5,380$4,848$3,888
11 years$6,576$5,880$5,251$4,682$4,170$3,259
12 years$5,966$5,278$4,660$4,107$3,613$2,750
13 years$5,451$4,770$4,163$3,626$3,151$2,334
14 years$5,009$4,336$3,741$3,218$2,762$1,990
15 years$4,627$3,961$3,377$2,870$2,432$1,704
16 years$4,293$3,634$3,062$2,570$2,149$1,463
17 years$3,999$3,347$2,786$2,309$1,906$1,260
18 years$3,737$3,092$2,544$2,081$1,695$1,087
19 years$3,503$2,866$2,329$1,880$1,510$940
20 years$3,293$2,663$2,137$1,703$1,349$815
21 years$3,104$2,481$1,966$1,546$1,207$707
22 years$2,931$2,316$1,812$1,405$1,082$614
23 years$2,774$2,166$1,673$1,280$971$534
24 years$2,630$2,029$1,547$1,167$873$465
25 years$2,498$1,904$1,433$1,066$786$405
26 years$2,377$1,790$1,329$975$708$353
27 years$2,264$1,684$1,234$892$638$308
28 years$2,160$1,587$1,147$817$576$268
29 years$2,063$1,497$1,068$750$520$234
30 years$1,972$1,414$994$688$470$205
31 years$1,888$1,337$927$632$425$179
32 years$1,809$1,265$865$581$384$156
33 years$1,735$1,198$808$534$348$137
34 years$1,666$1,135$755$491$315$119
35 years$1,601$1,077$705$452$285$104
36 years$1,539$1,022$660$417$258$91
37 years$1,481$971$618$384$234$80
38 years$1,426$922$578$354$212$70
39 years$1,374$877$542$326$192$61
40 years$1,325$835$508$301$175$53
41 years$1,278$794$476$278$158$47
42 years$1,234$757$447$256$144$41
43 years$1,191$721$419$236$130$36
44 years$1,151$687$394$218$118$31
45 years$1,113$655$370$202$107$27
46 years$1,077$625$347$186$98$24
47 years$1,042$597$326$172$89$21
48 years$1,008$569$306$159$80$18
49 years$977$544$288$147$73$16
50 years$946$519$271$136$66$14

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $969,000, adding $3,712 every year, while hoping to spend $41,411 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: 54/16/30 Blend
34$969,000$969,000$969,000$969,000
35$1,071,667$1,020,310$1,005,290$1,120,387
36$1,136,916$1,026,244$994,907$1,160,487
37$1,207,432$1,031,081$982,787$1,199,605
38$1,283,710$1,034,724$968,830$1,241,385
39$1,366,291$1,037,068$952,928$1,286,098
40$1,455,772$1,038,004$934,971$1,334,047
41$1,552,809$1,037,414$914,841$1,385,566
42$1,658,123$1,035,175$892,415$1,441,026
43$1,772,508$1,031,154$867,567$1,500,837
44$1,896,835$1,025,212$840,162$1,565,453
45$2,032,064$1,017,200$810,060$1,635,377
46$2,179,253$1,006,960$777,115$1,711,166
47$2,339,562$994,326$741,173$1,793,437
48$2,514,270$979,121$702,075$1,882,871
49$2,704,785$961,157$659,654$1,980,221
50$2,912,655$940,236$613,734$2,086,323
51$3,139,585$916,147$564,134$2,202,100
52$3,387,452$888,668$510,662$2,328,571
53$3,658,322$857,562$453,119$2,466,864
54$3,954,469$822,581$391,297$2,618,228
55$4,278,398$783,461$324,978$2,784,040
56$4,632,865$739,921$253,935$2,965,825
57$5,020,907$691,667$177,932$3,165,265
58$5,445,868$638,387$96,721$3,384,223
59$5,911,428$579,750$10,043$3,624,753
60$6,421,643$515,407$0$3,889,126
61$6,980,979$444,990$0$4,206,246
62$7,594,353$368,109$0$4,557,635
63$8,267,183$284,352$0$4,943,227
64$9,005,435$193,284$0$5,366,501
65$9,815,681$94,447$0$5,831,289
66$10,705,160$0$0$6,341,818
67$11,681,847$0$0$6,904,971
68$12,754,526$0$0$7,541,831
69$13,932,874$0$0$8,241,526
70$15,227,552$0$0$9,010,399
71$16,650,302$0$0$9,855,436
72$18,214,063$0$0$10,784,335
73$19,933,089$0$0$11,805,576
74$21,823,083$0$0$12,928,504
75$23,901,347$0$0$14,163,410
76$26,186,941$0$0$15,521,638
77$28,700,867$0$0$17,015,682
78$31,466,263$0$0$18,659,309
79$34,508,624$0$0$20,467,690
80$37,856,039$0$0$22,457,537
81$41,539,457$0$0$24,647,266
82$45,592,981$0$0$27,057,168
83$50,054,183$0$0$29,709,600
84$54,964,466$0$0$32,629,196
85$60,369,448$0$0$35,843,102
86$66,319,393$0$0$39,381,227
87$72,869,690$0$0$43,276,528
88$80,081,367$0$0$47,565,320
89$88,021,672$0$0$52,287,617
90$96,764,707$0$0$57,487,514
91$106,392,123$0$0$63,213,597
92$116,993,894$0$0$69,519,405
93$128,669,164$0$0$76,463,933
94$141,527,181$0$0$84,112,190
95$155,688,329$0$0$92,535,810
96$171,285,264$0$0$101,813,731
97$188,464,163$0$0$112,032,937
98$207,386,105$0$0$123,289,280
99$228,228,591$0$0$135,688,382
100$251,187,218$0$0$149,346,636