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%15.8%
1 years$80,019$79,306$78,611$77,932$77,269$75,432
2 years$39,613$38,876$38,161$37,467$36,795$34,955
3 years$26,147$25,406$24,692$24,006$23,344$21,558
4 years$19,415$18,676$17,970$17,295$16,649$14,932
5 years$15,376$14,642$13,945$13,284$12,657$11,012
6 years$12,685$11,956$11,270$10,623$10,015$8,445
7 years$10,764$10,041$9,365$8,734$8,145$6,650
8 years$9,323$8,607$7,943$7,327$6,757$5,336
9 years$8,203$7,494$6,841$6,241$5,690$4,343
10 years$7,308$6,606$5,964$5,380$4,848$3,573
11 years$6,576$5,880$5,251$4,682$4,170$2,964
12 years$5,966$5,278$4,660$4,107$3,613$2,476
13 years$5,451$4,770$4,163$3,626$3,151$2,079
14 years$5,009$4,336$3,741$3,218$2,762$1,753
15 years$4,627$3,961$3,377$2,870$2,432$1,484
16 years$4,293$3,634$3,062$2,570$2,149$1,260
17 years$3,999$3,347$2,786$2,309$1,906$1,073
18 years$3,737$3,092$2,544$2,081$1,695$915
19 years$3,503$2,866$2,329$1,880$1,510$782
20 years$3,293$2,663$2,137$1,703$1,349$670
21 years$3,104$2,481$1,966$1,546$1,207$574
22 years$2,931$2,316$1,812$1,405$1,082$492
23 years$2,774$2,166$1,673$1,280$971$423
24 years$2,630$2,029$1,547$1,167$873$363
25 years$2,498$1,904$1,433$1,066$786$312
26 years$2,377$1,790$1,329$975$708$269
27 years$2,264$1,684$1,234$892$638$231
28 years$2,160$1,587$1,147$817$576$199
29 years$2,063$1,497$1,068$750$520$172
30 years$1,972$1,414$994$688$470$148
31 years$1,888$1,337$927$632$425$128
32 years$1,809$1,265$865$581$384$110
33 years$1,735$1,198$808$534$348$95
34 years$1,666$1,135$755$491$315$82
35 years$1,601$1,077$705$452$285$71
36 years$1,539$1,022$660$417$258$61
37 years$1,481$971$618$384$234$53
38 years$1,426$922$578$354$212$45
39 years$1,374$877$542$326$192$39
40 years$1,325$835$508$301$175$34
41 years$1,278$794$476$278$158$29
42 years$1,234$757$447$256$144$25
43 years$1,191$721$419$236$130$22
44 years$1,151$687$394$218$118$19
45 years$1,113$655$370$202$107$16
46 years$1,077$625$347$186$98$14
47 years$1,042$597$326$172$89$12
48 years$1,008$569$306$159$80$10
49 years$977$544$288$147$73$9
50 years$946$519$271$136$66$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $969,000, adding $5,405 every year, while hoping to spend $32,742 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: 44/47/9 Blend
34$969,000$969,000$969,000$969,000
35$1,073,413$1,022,056$1,007,037$1,117,655
36$1,148,064$1,037,300$1,005,935$1,164,131
37$1,229,232$1,052,193$1,003,699$1,210,700
38$1,317,547$1,066,684$1,000,257$1,260,427
39$1,413,703$1,080,717$995,531$1,313,613
40$1,518,462$1,094,234$989,443$1,370,592
41$1,632,664$1,107,170$981,909$1,431,732
42$1,757,234$1,119,459$972,840$1,497,440
43$1,893,188$1,131,029$962,146$1,568,164
44$2,041,645$1,141,802$949,731$1,644,401
45$2,203,839$1,151,696$935,493$1,726,699
46$2,381,126$1,160,625$919,327$1,815,664
47$2,575,000$1,168,494$901,124$1,911,962
48$2,787,105$1,175,206$880,767$2,016,333
49$3,019,253$1,180,654$858,136$2,129,591
50$3,273,438$1,184,727$833,104$2,252,636
51$3,551,856$1,187,306$805,540$2,386,463
52$3,856,925$1,188,263$775,305$2,532,168
53$4,191,308$1,187,465$742,255$2,690,964
54$4,557,939$1,184,769$706,238$2,864,189
55$4,960,049$1,180,023$667,097$3,053,319
56$5,401,196$1,173,066$624,667$3,259,986
57$5,885,300$1,163,727$578,775$3,485,990
58$6,416,677$1,151,826$529,240$3,733,319
59$7,000,083$1,137,171$475,875$4,004,166
60$7,640,758$1,119,559$418,483$4,300,953
61$8,344,471$1,098,773$356,858$4,626,354
62$9,117,580$1,074,586$290,786$4,983,317
63$9,967,089$1,046,756$220,043$5,375,100
64$10,900,712$1,015,028$144,395$5,805,295
65$11,926,950$979,129$63,597$6,277,868
66$13,055,166$938,774$0$6,797,195
67$14,295,678$893,659$0$7,370,276
68$15,659,852$843,463$0$8,006,925
69$17,160,211$787,847$0$8,706,934
70$18,810,553$726,452$0$9,476,815
71$20,626,080$658,899$0$10,323,752
72$22,623,542$584,786$0$11,255,670
73$24,821,393$503,690$0$12,281,307
74$27,239,968$415,164$0$13,410,303
75$29,901,671$318,734$0$14,653,288
76$32,831,190$213,900$0$16,021,985
77$36,055,725$100,135$0$17,529,325
78$39,605,249$0$0$19,189,564
79$43,512,788$0$0$21,030,383
80$47,814,731$0$0$23,114,165
81$52,551,178$0$0$25,408,560
82$57,766,311$0$0$27,934,992
83$63,508,817$0$0$30,717,064
84$69,832,345$0$0$33,780,788
85$76,796,011$0$0$37,154,825
86$84,464,954$0$0$40,870,758
87$92,910,955$0$0$44,963,390
88$102,213,112$0$0$49,471,071
89$112,458,584$0$0$54,436,060
90$123,743,415$0$0$59,904,924
91$136,173,442$0$0$65,928,978
92$149,865,290$0$0$72,564,769
93$164,947,475$0$0$79,874,609
94$181,561,614$0$0$87,927,161
95$199,863,764$0$0$96,798,092
96$220,025,894$0$0$106,570,782
97$242,237,506$0$0$117,337,114
98$266,707,425$0$0$129,198,340
99$293,665,770$0$0$142,266,035
100$323,366,122$0$0$156,663,153