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%18.5%
1 years$80,019$79,306$78,611$77,932$77,269$74,617
2 years$39,613$38,876$38,161$37,467$36,795$34,150
3 years$26,147$25,406$24,692$24,006$23,344$20,789
4 years$19,415$18,676$17,970$17,295$16,649$14,204
5 years$15,376$14,642$13,945$13,284$12,657$10,327
6 years$12,685$11,956$11,270$10,623$10,015$7,804
7 years$10,764$10,041$9,365$8,734$8,145$6,051
8 years$9,323$8,607$7,943$7,327$6,757$4,780
9 years$8,203$7,494$6,841$6,241$5,690$3,827
10 years$7,308$6,606$5,964$5,380$4,848$3,095
11 years$6,576$5,880$5,251$4,682$4,170$2,524
12 years$5,966$5,278$4,660$4,107$3,613$2,071
13 years$5,451$4,770$4,163$3,626$3,151$1,707
14 years$5,009$4,336$3,741$3,218$2,762$1,413
15 years$4,627$3,961$3,377$2,870$2,432$1,174
16 years$4,293$3,634$3,062$2,570$2,149$978
17 years$3,999$3,347$2,786$2,309$1,906$816
18 years$3,737$3,092$2,544$2,081$1,695$682
19 years$3,503$2,866$2,329$1,880$1,510$571
20 years$3,293$2,663$2,137$1,703$1,349$479
21 years$3,104$2,481$1,966$1,546$1,207$402
22 years$2,931$2,316$1,812$1,405$1,082$338
23 years$2,774$2,166$1,673$1,280$971$284
24 years$2,630$2,029$1,547$1,167$873$239
25 years$2,498$1,904$1,433$1,066$786$201
26 years$2,377$1,790$1,329$975$708$169
27 years$2,264$1,684$1,234$892$638$143
28 years$2,160$1,587$1,147$817$576$120
29 years$2,063$1,497$1,068$750$520$101
30 years$1,972$1,414$994$688$470$85
31 years$1,888$1,337$927$632$425$72
32 years$1,809$1,265$865$581$384$61
33 years$1,735$1,198$808$534$348$51
34 years$1,666$1,135$755$491$315$43
35 years$1,601$1,077$705$452$285$36
36 years$1,539$1,022$660$417$258$31
37 years$1,481$971$618$384$234$26
38 years$1,426$922$578$354$212$22
39 years$1,374$877$542$326$192$18
40 years$1,325$835$508$301$175$16
41 years$1,278$794$476$278$158$13
42 years$1,234$757$447$256$144$11
43 years$1,191$721$419$236$130$9
44 years$1,151$687$394$218$118$8
45 years$1,113$655$370$202$107$7
46 years$1,077$625$347$186$98$6
47 years$1,042$597$326$172$89$5
48 years$1,008$569$306$159$80$4
49 years$977$544$288$147$73$3
50 years$946$519$271$136$66$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $969,000, adding $2,143 every year, while hoping to spend $37,008 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: 64/12/24 Blend
34$969,000$969,000$969,000$969,000
35$1,070,049$1,018,692$1,003,672$1,131,692
36$1,139,817$1,029,231$997,919$1,184,092
37$1,215,462$1,039,047$990,732$1,236,994
38$1,297,543$1,048,064$982,026$1,293,961
39$1,386,677$1,056,204$971,708$1,355,396
40$1,483,541$1,063,381$959,683$1,421,740
41$1,588,881$1,069,505$945,852$1,493,486
42$1,703,517$1,074,481$930,108$1,571,173
43$1,828,352$1,078,207$912,343$1,655,397
44$1,964,379$1,080,575$892,442$1,746,818
45$2,112,692$1,081,468$870,284$1,846,162
46$2,274,492$1,080,766$845,745$1,954,232
47$2,451,105$1,078,338$818,692$2,071,911
48$2,643,987$1,074,047$788,988$2,200,178
49$2,854,745$1,067,745$756,489$2,340,109
50$3,085,143$1,059,279$721,046$2,492,894
51$3,337,126$1,048,483$682,500$2,659,845
52$3,612,837$1,035,183$640,688$2,842,409
53$3,914,634$1,019,194$595,438$3,042,185
54$4,245,112$1,000,320$546,570$3,260,934
55$4,607,131$978,353$493,898$3,500,601
56$5,003,840$953,074$437,226$3,763,330
57$5,438,707$924,250$376,348$4,051,487
58$5,915,552$891,635$311,052$4,367,683
59$6,438,581$854,968$241,115$4,714,796
60$7,012,427$813,972$166,304$5,096,002
61$7,642,195$768,357$86,375$5,514,804
62$8,333,506$717,814$1,076$5,975,065
63$9,092,553$662,016$0$6,481,046
64$9,926,156$600,618$0$7,060,482
65$10,841,832$533,255$0$7,697,311
66$11,847,857$459,543$0$8,397,047
67$12,953,352$379,075$0$9,166,070
68$14,168,363$291,419$0$10,011,411
69$15,503,960$196,121$0$10,940,819
70$16,972,335$92,703$0$11,962,834
71$18,586,924$0$0$13,086,866
72$20,362,529$0$0$14,325,841
73$22,315,457$0$0$15,702,086
74$24,463,677$0$0$17,216,030
75$26,826,984$0$0$18,881,636
76$29,427,191$0$0$20,714,284
77$32,288,330$0$0$22,730,925
78$35,436,882$0$0$24,950,232
79$38,902,023$0$0$27,392,782
80$42,715,902$0$0$30,081,247
81$46,913,941$0$0$33,040,609
82$51,535,173$0$0$36,298,395
83$56,622,604$0$0$39,884,937
84$62,223,625$0$0$43,833,654
85$68,390,454$0$0$48,181,375
86$75,180,630$0$0$52,968,680
87$82,657,556$0$0$58,240,283
88$90,891,096$0$0$64,045,456
89$99,958,235$0$0$70,438,494
90$109,943,804$0$0$77,479,225
91$120,941,281$0$0$85,233,574
92$133,053,672$0$0$93,774,188
93$146,394,482$0$0$103,181,119
94$161,088,789$0$0$113,542,578
95$177,274,420$0$0$124,955,771
96$195,103,255$0$0$137,527,814
97$214,742,657$0$0$151,376,741
98$236,377,052$0$0$166,632,623
99$260,209,671$0$0$183,438,791
100$286,464,465$0$0$201,953,193