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%11.8%
1 years$80,267$79,552$78,854$78,173$77,509$76,923
2 years$39,736$38,996$38,279$37,583$36,909$36,319
3 years$26,228$25,484$24,769$24,080$23,417$22,840
4 years$19,475$18,734$18,025$17,348$16,701$16,142
5 years$15,424$14,687$13,988$13,325$12,696$12,157
6 years$12,724$11,993$11,305$10,656$10,046$9,527
7 years$10,797$10,072$9,394$8,761$8,170$7,672
8 years$9,352$8,634$7,967$7,349$6,778$6,300
9 years$8,229$7,517$6,862$6,260$5,708$5,250
10 years$7,330$6,626$5,983$5,396$4,863$4,426
11 years$6,596$5,899$5,267$4,696$4,183$3,765
12 years$5,985$5,294$4,674$4,119$3,625$3,226
13 years$5,468$4,785$4,176$3,637$3,161$2,782
14 years$5,025$4,349$3,752$3,228$2,771$2,410
15 years$4,641$3,973$3,388$2,879$2,439$2,097
16 years$4,306$3,645$3,072$2,578$2,156$1,831
17 years$4,011$3,357$2,795$2,316$1,912$1,604
18 years$3,749$3,102$2,551$2,087$1,700$1,408
19 years$3,514$2,875$2,336$1,886$1,515$1,239
20 years$3,304$2,671$2,144$1,708$1,353$1,093
21 years$3,113$2,488$1,972$1,550$1,211$965
22 years$2,940$2,323$1,817$1,410$1,086$854
23 years$2,783$2,172$1,678$1,284$974$756
24 years$2,638$2,035$1,552$1,171$876$670
25 years$2,506$1,910$1,437$1,069$788$595
26 years$2,384$1,795$1,333$978$710$528
27 years$2,271$1,690$1,238$895$640$470
28 years$2,166$1,592$1,151$820$578$418
29 years$2,069$1,502$1,071$752$521$372
30 years$1,979$1,418$997$690$471$331
31 years$1,894$1,341$930$634$426$295
32 years$1,815$1,269$868$582$385$263
33 years$1,741$1,202$810$536$349$235
34 years$1,671$1,139$757$493$316$209
35 years$1,606$1,080$708$454$286$187
36 years$1,544$1,025$662$418$259$167
37 years$1,485$974$620$385$235$149
38 years$1,430$925$580$355$213$133
39 years$1,378$880$544$327$193$119
40 years$1,329$837$510$302$175$106
41 years$1,282$797$478$278$159$95
42 years$1,237$759$448$257$144$85
43 years$1,195$723$421$237$131$76
44 years$1,155$689$395$219$119$68
45 years$1,116$657$371$202$108$60
46 years$1,080$627$348$187$98$54
47 years$1,045$598$327$173$89$48
48 years$1,012$571$307$159$81$43
49 years$980$545$289$147$73$39
50 years$949$521$272$136$67$34

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $972,000, adding $3,890 every year, while hoping to spend $49,111 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: 47/30/23 Blend
34$972,000$972,000$972,000$972,000
35$1,075,157$1,023,641$1,008,575$1,118,467
36$1,132,569$1,021,545$990,108$1,147,112
37$1,194,191$1,017,701$969,377$1,173,007
38$1,260,401$1,011,971$946,254$1,200,120
39$1,331,613$1,004,209$920,604$1,228,587
40$1,408,282$994,260$892,289$1,258,562
41$1,490,908$981,960$861,162$1,290,219
42$1,580,040$967,135$827,070$1,323,749
43$1,676,281$949,601$789,853$1,359,371
44$1,780,293$929,163$749,345$1,397,326
45$1,892,804$905,614$705,370$1,437,885
46$2,014,616$878,735$657,746$1,481,350
47$2,146,609$848,294$606,282$1,528,059
48$2,289,749$814,047$550,778$1,578,389
49$2,445,102$775,733$491,027$1,632,760
50$2,613,837$733,079$426,812$1,691,640
51$2,797,242$685,793$357,904$1,755,551
52$2,996,733$633,570$284,066$1,825,074
53$3,213,869$576,084$205,052$1,900,855
54$3,450,364$512,993$120,601$1,983,612
55$3,708,106$443,933$30,445$2,074,145
56$3,989,169$368,523$0$2,173,343
57$4,295,840$286,357$0$2,298,331
58$4,630,635$197,007$0$2,443,088
59$4,996,323$100,023$0$2,601,426
60$5,395,951$0$0$2,774,774
61$5,832,877$0$0$2,966,385
62$6,310,795$0$0$3,212,195
63$6,833,774$0$0$3,481,290
64$7,406,294$0$0$3,775,988
65$8,033,289$0$0$4,098,842
66$8,720,191$0$0$4,452,666
67$9,472,983$0$0$4,840,555
68$10,298,256$0$0$5,265,922
69$11,203,265$0$0$5,732,522
70$12,196,005$0$0$6,244,493
71$13,285,280$0$0$6,806,395
72$14,480,787$0$0$7,423,246
73$15,793,209$0$0$8,100,578
74$17,234,312$0$0$8,844,484
75$18,817,059$0$0$9,661,673
76$20,555,729$0$0$10,559,540
77$22,466,052$0$0$11,546,229
78$24,565,357$0$0$12,630,714
79$26,872,737$0$0$13,822,879
80$29,409,223$0$0$15,133,616
81$32,197,988$0$0$16,574,923
82$35,264,561$0$0$18,160,020
83$38,637,069$0$0$19,903,472
84$42,346,503$0$0$21,821,328
85$46,427,004$0$0$23,931,267
86$50,916,194$0$0$26,252,771
87$55,855,520$0$0$28,807,305
88$61,290,653$0$0$31,618,518
89$67,271,912$0$0$34,712,471
90$73,854,743$0$0$38,117,877
91$81,100,236$0$0$41,866,372
92$89,075,708$0$0$45,992,820
93$97,855,330$0$0$50,535,631
94$107,520,831$0$0$55,537,133
95$118,162,268$0$0$61,043,964
96$129,878,872$0$0$67,107,516
97$142,779,987$0$0$73,784,419
98$156,986,101$0$0$81,137,071
99$172,629,978$0$0$89,234,233
100$189,857,917$0$0$98,151,673