Can I retire at age 35 with 973,000?

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 $973,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.8%
1 years$80,349$79,634$78,935$78,254$77,588$76,366
2 years$39,777$39,036$38,318$37,622$36,947$35,718
3 years$26,255$25,511$24,794$24,105$23,441$22,244
4 years$19,495$18,753$18,044$17,366$16,718$15,563
5 years$15,440$14,703$14,003$13,339$12,709$11,599
6 years$12,737$12,006$11,316$10,667$10,056$8,992
7 years$10,808$10,082$9,404$8,770$8,178$7,161
8 years$9,361$8,642$7,975$7,357$6,785$5,813
9 years$8,237$7,525$6,869$6,267$5,714$4,788
10 years$7,338$6,633$5,989$5,402$4,868$3,988
11 years$6,603$5,905$5,272$4,701$4,187$3,350
12 years$5,991$5,300$4,679$4,124$3,628$2,835
13 years$5,473$4,789$4,180$3,641$3,164$2,412
14 years$5,030$4,353$3,756$3,232$2,773$2,063
15 years$4,646$3,977$3,391$2,882$2,442$1,770
16 years$4,311$3,649$3,075$2,581$2,158$1,525
17 years$4,015$3,360$2,798$2,319$1,914$1,317
18 years$3,752$3,105$2,554$2,090$1,702$1,140
19 years$3,518$2,878$2,338$1,888$1,517$989
20 years$3,307$2,674$2,146$1,710$1,355$859
21 years$3,116$2,491$1,974$1,552$1,212$747
22 years$2,943$2,325$1,819$1,411$1,087$651
23 years$2,786$2,175$1,680$1,285$975$568
24 years$2,641$2,038$1,553$1,172$877$496
25 years$2,509$1,912$1,439$1,070$789$433
26 years$2,386$1,797$1,334$979$711$379
27 years$2,273$1,691$1,239$896$641$331
28 years$2,169$1,594$1,152$821$578$290
29 years$2,071$1,503$1,072$753$522$254
30 years$1,981$1,420$998$691$472$223
31 years$1,896$1,342$931$634$426$195
32 years$1,817$1,270$868$583$386$171
33 years$1,743$1,203$811$536$349$150
34 years$1,673$1,140$758$493$316$132
35 years$1,607$1,081$708$454$286$115
36 years$1,545$1,026$663$418$259$101
37 years$1,487$975$620$385$235$89
38 years$1,432$926$581$355$213$78
39 years$1,380$881$544$328$193$69
40 years$1,330$838$510$302$175$60
41 years$1,283$798$478$279$159$53
42 years$1,239$760$449$257$144$46
43 years$1,196$724$421$237$131$41
44 years$1,156$690$395$219$119$36
45 years$1,118$658$371$202$108$31
46 years$1,081$628$348$187$98$28
47 years$1,046$599$327$173$89$24
48 years$1,013$572$308$160$81$21
49 years$981$546$289$148$73$19
50 years$950$522$272$136$67$16

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $973,000, adding $3,997 every year, while hoping to spend $23,871 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: 68/13/19 Blend
34$973,000$973,000$973,000$973,000
35$1,076,369$1,024,800$1,009,718$1,144,275
36$1,160,760$1,049,617$1,018,145$1,214,977
37$1,252,959$1,074,849$1,026,055$1,289,126
38$1,353,737$1,100,493$1,033,404$1,369,653
39$1,463,943$1,126,542$1,040,148$1,457,184
40$1,584,512$1,152,989$1,046,239$1,552,408
41$1,716,473$1,179,827$1,051,629$1,656,087
42$1,860,960$1,207,045$1,056,266$1,769,059
43$2,019,221$1,234,634$1,060,094$1,892,247
44$2,192,631$1,262,580$1,063,056$2,026,667
45$2,382,703$1,290,870$1,065,092$2,173,442
46$2,591,105$1,319,489$1,066,139$2,333,805
47$2,819,673$1,348,419$1,066,130$2,509,117
48$3,070,429$1,377,641$1,064,995$2,700,879
49$3,345,602$1,407,134$1,062,661$2,910,741
50$3,647,645$1,436,876$1,059,052$3,140,526
51$3,979,261$1,466,839$1,054,087$3,392,238
52$4,343,429$1,496,997$1,047,681$3,668,090
53$4,743,427$1,527,318$1,039,747$3,970,517
54$5,182,870$1,557,770$1,030,192$4,302,206
55$5,665,737$1,588,316$1,018,918$4,666,114
56$6,196,415$1,618,916$1,005,825$5,065,503
57$6,779,734$1,649,527$990,805$5,503,966
58$7,421,018$1,680,105$973,747$5,985,465
59$8,126,129$1,710,597$954,535$6,514,363
60$8,901,529$1,740,952$933,047$7,095,470
61$9,754,336$1,771,109$909,155$7,734,089
62$10,692,391$1,801,007$882,725$8,436,060
63$11,724,337$1,830,578$853,618$9,207,823
64$12,859,693$1,859,749$821,687$10,056,473
65$14,108,948$1,888,444$786,780$10,989,830
66$15,483,661$1,916,577$748,738$12,016,512
67$16,996,565$1,944,061$707,392$13,146,018
68$18,661,694$1,970,799$662,568$14,388,815
69$20,494,507$1,996,688$614,085$15,756,439
70$22,512,041$2,021,620$561,750$17,261,605
71$24,733,066$2,045,477$505,367$18,918,322
72$27,178,268$2,068,134$444,725$20,742,035
73$29,870,436$2,089,458$379,608$22,749,760
74$32,834,686$2,109,306$309,790$24,960,254
75$36,098,688$2,127,527$235,033$27,394,185
76$39,692,938$2,143,959$155,089$30,074,335
77$43,651,034$2,158,429$69,702$33,025,807
78$48,010,003$2,170,756$0$36,276,270
79$52,810,643$2,180,743$0$39,860,558
80$58,097,913$2,188,184$0$43,823,295
81$63,921,353$2,192,857$0$48,187,427
82$70,335,553$2,194,530$0$52,993,831
83$77,400,670$2,192,952$0$58,287,551
84$85,182,992$2,187,860$0$64,118,225
85$93,755,565$2,178,974$0$70,540,551
86$103,198,884$2,165,995$0$77,614,809
87$113,601,650$2,148,608$0$85,407,423
88$125,061,606$2,126,478$0$93,991,594
89$137,686,465$2,099,250$0$103,447,986
90$151,594,920$2,066,548$0$113,865,493
91$166,917,766$2,027,974$0$125,342,073
92$183,799,138$1,983,104$0$137,985,676
93$202,397,867$1,931,493$0$151,915,261
94$222,888,979$1,872,666$0$167,261,923
95$245,465,350$1,806,122$0$184,170,126
96$270,339,524$1,731,330$0$202,799,068
97$297,745,721$1,647,730$0$223,324,187
98$327,942,043$1,554,729$0$245,938,815
99$361,212,918$1,451,697$0$270,856,002
100$397,871,777$1,337,971$0$298,310,530