Can I retire at age 35 with 972,000?

Use the below retirement simulation to view the chances of a successful retirement.
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%17.6%
1 years$80,267$79,552$78,854$78,173$77,509$75,118
2 years$39,736$38,996$38,279$37,583$36,909$34,521
3 years$26,228$25,484$24,769$24,080$23,417$21,107
4 years$19,475$18,734$18,025$17,348$16,701$14,487
5 years$15,424$14,687$13,988$13,325$12,696$10,583
6 years$12,724$11,993$11,305$10,656$10,046$8,036
7 years$10,797$10,072$9,394$8,761$8,170$6,264
8 years$9,352$8,634$7,967$7,349$6,778$4,974
9 years$8,229$7,517$6,862$6,260$5,708$4,004
10 years$7,330$6,626$5,983$5,396$4,863$3,257
11 years$6,596$5,899$5,267$4,696$4,183$2,671
12 years$5,985$5,294$4,674$4,119$3,625$2,205
13 years$5,468$4,785$4,176$3,637$3,161$1,829
14 years$5,025$4,349$3,752$3,228$2,771$1,524
15 years$4,641$3,973$3,388$2,879$2,439$1,274
16 years$4,306$3,645$3,072$2,578$2,156$1,068
17 years$4,011$3,357$2,795$2,316$1,912$897
18 years$3,749$3,102$2,551$2,087$1,700$755
19 years$3,514$2,875$2,336$1,886$1,515$637
20 years$3,304$2,671$2,144$1,708$1,353$538
21 years$3,113$2,488$1,972$1,550$1,211$454
22 years$2,940$2,323$1,817$1,410$1,086$384
23 years$2,783$2,172$1,678$1,284$974$325
24 years$2,638$2,035$1,552$1,171$876$276
25 years$2,506$1,910$1,437$1,069$788$234
26 years$2,384$1,795$1,333$978$710$198
27 years$2,271$1,690$1,238$895$640$168
28 years$2,166$1,592$1,151$820$578$143
29 years$2,069$1,502$1,071$752$521$121
30 years$1,979$1,418$997$690$471$103
31 years$1,894$1,341$930$634$426$87
32 years$1,815$1,269$868$582$385$74
33 years$1,741$1,202$810$536$349$63
34 years$1,671$1,139$757$493$316$54
35 years$1,606$1,080$708$454$286$46
36 years$1,544$1,025$662$418$259$39
37 years$1,485$974$620$385$235$33
38 years$1,430$925$580$355$213$28
39 years$1,378$880$544$327$193$24
40 years$1,329$837$510$302$175$20
41 years$1,282$797$478$278$159$17
42 years$1,237$759$448$257$144$15
43 years$1,195$723$421$237$131$12
44 years$1,155$689$395$219$119$11
45 years$1,116$657$371$202$108$9
46 years$1,080$627$348$187$98$8
47 years$1,045$598$327$173$89$6
48 years$1,012$571$307$159$81$6
49 years$980$545$289$147$73$5
50 years$949$521$272$136$67$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $972,000, adding $4,667 every year, while hoping to spend $45,937 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: 51/36/13 Blend
34$972,000$972,000$972,000$972,000
35$1,075,958$1,024,442$1,009,376$1,126,839
36$1,136,829$1,025,763$994,313$1,163,498
37$1,202,369$1,025,609$977,207$1,198,091
38$1,273,007$1,023,860$957,939$1,234,659
39$1,349,211$1,020,386$936,387$1,273,401
40$1,431,498$1,015,053$912,424$1,314,540
41$1,520,436$1,007,716$885,915$1,358,321
42$1,616,647$998,221$856,720$1,405,018
43$1,720,818$986,406$824,693$1,454,937
44$1,833,701$972,099$789,680$1,508,414
45$1,956,125$955,118$751,520$1,565,825
46$2,089,000$935,270$710,047$1,627,587
47$2,233,330$912,350$665,085$1,694,162
48$2,390,216$886,141$616,452$1,766,064
49$2,560,870$856,414$563,955$1,843,861
50$2,746,627$822,927$507,396$1,928,185
51$2,948,954$785,422$446,565$2,019,737
52$3,169,467$743,627$381,244$2,119,291
53$3,409,944$697,256$311,207$2,227,710
54$3,672,340$646,004$236,215$2,345,944
55$3,958,811$589,550$156,020$2,475,052
56$4,271,726$527,554$70,363$2,616,201
57$4,613,696$459,657$0$2,770,688
58$4,987,593$385,481$0$2,942,865
59$5,396,582$304,624$0$3,142,007
60$5,844,146$216,663$0$3,360,139
61$6,334,120$121,151$0$3,599,250
62$6,870,729$17,616$0$3,861,534
63$7,458,624$0$0$4,149,418
64$8,102,926$0$0$4,502,992
65$8,809,279$0$0$4,898,369
66$9,583,895$0$0$5,332,062
67$10,433,618$0$0$5,807,913
68$11,365,986$0$0$6,330,159
69$12,389,302$0$0$6,903,464
70$13,512,711$0$0$7,532,966
71$14,746,289$0$0$8,224,326
72$16,101,134$0$0$8,983,779
73$17,589,470$0$0$9,818,194
74$19,224,766$0$0$10,735,139
75$21,021,859$0$0$11,742,950
76$22,997,095$0$0$12,850,812
77$25,168,482$0$0$14,068,843
78$27,555,859$0$0$15,408,192
79$30,181,085$0$0$16,881,141
80$33,068,242$0$0$18,501,221
81$36,243,862$0$0$20,283,344
82$39,737,179$0$0$22,243,935
83$43,580,402$0$0$24,401,095
84$47,809,020$0$0$26,774,766
85$52,462,135$0$0$29,386,922
86$57,582,830$0$0$32,261,773
87$63,218,577$0$0$35,425,996
88$69,421,683$0$0$38,908,986
89$76,249,782$0$0$42,743,132
90$83,766,380$0$0$46,964,121
91$92,041,454$0$0$51,611,279
92$101,152,109$0$0$56,727,937
93$111,183,307$0$0$62,361,841
94$122,228,668$0$0$68,565,605
95$134,391,353$0$0$75,397,202
96$147,785,036$0$0$82,920,517
97$162,534,976$0$0$91,205,943
98$178,779,199$0$0$100,331,050
99$196,669,802$0$0$110,381,313
100$216,374,382$0$0$121,450,924