Can I retire at age 35 with 972,000?

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 $972,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13%
1 years$80,267$79,552$78,854$78,173$77,509$76,540
2 years$39,736$38,996$38,279$37,583$36,909$35,934
3 years$26,228$25,484$24,769$24,080$23,417$22,466
4 years$19,475$18,734$18,025$17,348$16,701$15,782
5 years$15,424$14,687$13,988$13,325$12,696$11,811
6 years$12,724$11,993$11,305$10,656$10,046$9,197
7 years$10,797$10,072$9,394$8,761$8,170$7,356
8 years$9,352$8,634$7,967$7,349$6,778$6,000
9 years$8,229$7,517$6,862$6,260$5,708$4,965
10 years$7,330$6,626$5,983$5,396$4,863$4,155
11 years$6,596$5,899$5,267$4,696$4,183$3,509
12 years$5,985$5,294$4,674$4,119$3,625$2,984
13 years$5,468$4,785$4,176$3,637$3,161$2,553
14 years$5,025$4,349$3,752$3,228$2,771$2,194
15 years$4,641$3,973$3,388$2,879$2,439$1,894
16 years$4,306$3,645$3,072$2,578$2,156$1,640
17 years$4,011$3,357$2,795$2,316$1,912$1,424
18 years$3,749$3,102$2,551$2,087$1,700$1,240
19 years$3,514$2,875$2,336$1,886$1,515$1,082
20 years$3,304$2,671$2,144$1,708$1,353$946
21 years$3,113$2,488$1,972$1,550$1,211$828
22 years$2,940$2,323$1,817$1,410$1,086$726
23 years$2,783$2,172$1,678$1,284$974$637
24 years$2,638$2,035$1,552$1,171$876$559
25 years$2,506$1,910$1,437$1,069$788$492
26 years$2,384$1,795$1,333$978$710$433
27 years$2,271$1,690$1,238$895$640$381
28 years$2,166$1,592$1,151$820$578$336
29 years$2,069$1,502$1,071$752$521$296
30 years$1,979$1,418$997$690$471$261
31 years$1,894$1,341$930$634$426$230
32 years$1,815$1,269$868$582$385$203
33 years$1,741$1,202$810$536$349$179
34 years$1,671$1,139$757$493$316$158
35 years$1,606$1,080$708$454$286$140
36 years$1,544$1,025$662$418$259$124
37 years$1,485$974$620$385$235$109
38 years$1,430$925$580$355$213$97
39 years$1,378$880$544$327$193$85
40 years$1,329$837$510$302$175$76
41 years$1,282$797$478$278$159$67
42 years$1,237$759$448$257$144$59
43 years$1,195$723$421$237$131$52
44 years$1,155$689$395$219$119$46
45 years$1,116$657$371$202$108$41
46 years$1,080$627$348$187$98$36
47 years$1,045$598$327$173$89$32
48 years$1,012$571$307$159$81$28
49 years$980$545$289$147$73$25
50 years$949$521$272$136$67$22

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $972,000, adding $3,039 every year, while hoping to spend $37,749 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: 67/12/21 Blend
34$972,000$972,000$972,000$972,000
35$1,074,279$1,022,763$1,007,697$1,140,379
36$1,143,691$1,032,713$1,001,290$1,195,009
37$1,218,917$1,041,887$993,403$1,250,098
38$1,300,512$1,050,204$983,947$1,309,443
39$1,389,083$1,057,583$972,829$1,373,464
40$1,485,300$1,063,935$959,949$1,442,622
41$1,589,899$1,069,166$945,205$1,517,426
42$1,703,689$1,073,176$928,490$1,598,439
43$1,827,562$1,075,858$909,692$1,686,281
44$1,962,498$1,077,100$888,691$1,781,636
45$2,109,576$1,076,782$865,366$1,885,259
46$2,269,984$1,074,775$839,586$1,997,982
47$2,445,028$1,070,944$811,218$2,120,726
48$2,636,147$1,065,147$780,120$2,254,502
49$2,844,924$1,057,229$746,144$2,400,429
50$3,073,103$1,047,030$709,137$2,559,741
51$3,322,604$1,034,379$668,937$2,733,798
52$3,595,539$1,019,092$625,375$2,924,102
53$3,894,235$1,000,979$578,277$3,132,308
54$4,221,254$979,835$527,457$3,360,242
55$4,579,419$955,443$472,723$3,609,920
56$4,971,835$927,576$413,875$3,883,562
57$5,401,926$895,990$350,703$4,183,619
58$5,873,459$860,430$282,988$4,512,796
59$6,390,585$820,625$210,502$4,874,071
60$6,957,876$776,287$133,005$5,270,734
61$7,580,368$727,113$50,249$5,706,410
62$8,263,607$672,783$0$6,185,098
63$9,013,702$612,957$0$6,719,736
64$9,837,384$547,276$0$7,319,229
65$10,742,067$475,362$0$7,977,730
66$11,735,917$396,814$0$8,701,220
67$12,827,932$311,210$0$9,496,287
68$14,028,023$218,101$0$10,370,192
69$15,347,111$117,017$0$11,330,940
70$16,797,224$7,460$0$12,387,347
71$18,391,618$0$0$13,549,135
72$20,144,893$0$0$14,841,683
73$22,073,139$0$0$16,264,373
74$24,194,080$0$0$17,829,305
75$26,527,245$0$0$19,550,899
76$29,094,153$0$0$21,445,040
77$31,918,511$0$0$23,529,231
78$35,026,440$0$0$25,822,760
79$38,446,725$0$0$28,346,875
80$42,211,077$0$0$31,124,990
81$46,354,441$0$0$34,182,906
82$50,915,320$0$0$37,549,049
83$55,936,140$0$0$41,254,742
84$61,463,647$0$0$45,334,500
85$67,549,355$0$0$49,826,354
86$74,250,022$0$0$54,772,211
87$81,628,191$0$0$60,218,248
88$89,752,781$0$0$66,215,348
89$98,699,732$0$0$72,819,579
90$108,552,726$0$0$80,092,725
91$119,403,972$0$0$88,102,867
92$131,355,079$0$0$96,925,025
93$144,518,015$0$0$106,641,867
94$159,016,158$0$0$117,344,487
95$174,985,467$0$0$129,133,266
96$192,575,760$0$0$142,118,819
97$211,952,129$0$0$156,423,039
98$233,296,497$0$0$172,180,244
99$256,809,335$0$0$189,538,449
100$282,711,557$0$0$208,660,760