Can I retire at age 35 with 973,000?

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 $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%13.5%
1 years$80,349$79,634$78,935$78,254$77,588$76,460
2 years$39,777$39,036$38,318$37,622$36,947$35,813
3 years$26,255$25,511$24,794$24,105$23,441$22,336
4 years$19,495$18,753$18,044$17,366$16,718$15,651
5 years$15,440$14,703$14,003$13,339$12,709$11,682
6 years$12,737$12,006$11,316$10,667$10,056$9,072
7 years$10,808$10,082$9,404$8,770$8,178$7,236
8 years$9,361$8,642$7,975$7,357$6,785$5,885
9 years$8,237$7,525$6,869$6,267$5,714$4,856
10 years$7,338$6,633$5,989$5,402$4,868$4,051
11 years$6,603$5,905$5,272$4,701$4,187$3,410
12 years$5,991$5,300$4,679$4,124$3,628$2,891
13 years$5,473$4,789$4,180$3,641$3,164$2,465
14 years$5,030$4,353$3,756$3,232$2,773$2,112
15 years$4,646$3,977$3,391$2,882$2,442$1,816
16 years$4,311$3,649$3,075$2,581$2,158$1,568
17 years$4,015$3,360$2,798$2,319$1,914$1,357
18 years$3,752$3,105$2,554$2,090$1,702$1,177
19 years$3,518$2,878$2,338$1,888$1,517$1,023
20 years$3,307$2,674$2,146$1,710$1,355$891
21 years$3,116$2,491$1,974$1,552$1,212$777
22 years$2,943$2,325$1,819$1,411$1,087$678
23 years$2,786$2,175$1,680$1,285$975$593
24 years$2,641$2,038$1,553$1,172$877$519
25 years$2,509$1,912$1,439$1,070$789$455
26 years$2,386$1,797$1,334$979$711$398
27 years$2,273$1,691$1,239$896$641$349
28 years$2,169$1,594$1,152$821$578$307
29 years$2,071$1,503$1,072$753$522$269
30 years$1,981$1,420$998$691$472$236
31 years$1,896$1,342$931$634$426$208
32 years$1,817$1,270$868$583$386$183
33 years$1,743$1,203$811$536$349$161
34 years$1,673$1,140$758$493$316$141
35 years$1,607$1,081$708$454$286$124
36 years$1,545$1,026$663$418$259$109
37 years$1,487$975$620$385$235$96
38 years$1,432$926$581$355$213$85
39 years$1,380$881$544$328$193$74
40 years$1,330$838$510$302$175$66
41 years$1,283$798$478$279$159$58
42 years$1,239$760$449$257$144$51
43 years$1,196$724$421$237$131$45
44 years$1,156$690$395$219$119$39
45 years$1,118$658$371$202$108$35
46 years$1,081$628$348$187$98$31
47 years$1,046$599$327$173$89$27
48 years$1,013$572$308$160$81$24
49 years$981$546$289$148$73$21
50 years$950$522$272$136$67$18

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $973,000, adding $6,821 every year, while hoping to spend $33,527 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: 40/50/10 Blend
34$973,000$973,000$973,000$973,000
35$1,079,282$1,027,713$1,012,631$1,118,955
36$1,153,696$1,042,398$1,010,882$1,162,211
37$1,234,577$1,056,680$1,007,950$1,205,128
38$1,322,549$1,070,502$1,003,762$1,250,802
39$1,418,298$1,083,806$998,237$1,299,497
40$1,522,580$1,096,528$991,294$1,351,505
41$1,636,227$1,108,602$982,846$1,407,147
42$1,760,154$1,119,955$972,803$1,466,781
43$1,895,368$1,130,511$961,070$1,530,800
44$2,042,977$1,140,188$947,548$1,599,640
45$2,204,203$1,148,899$932,132$1,673,783
46$2,380,388$1,156,551$914,715$1,753,761
47$2,573,012$1,163,047$895,182$1,840,163
48$2,783,703$1,168,279$873,415$1,933,639
49$3,014,253$1,172,138$849,287$2,034,908
50$3,266,639$1,174,505$822,670$2,144,766
51$3,543,033$1,175,252$793,426$2,264,089
52$3,845,830$1,174,247$761,414$2,393,849
53$4,177,667$1,171,348$726,483$2,535,118
54$4,541,447$1,166,402$688,479$2,689,082
55$4,940,369$1,159,250$647,237$2,857,048
56$5,377,955$1,149,722$602,588$3,040,463
57$5,858,086$1,137,638$554,354$3,240,925
58$6,385,035$1,122,806$502,349$3,460,198
59$6,963,510$1,105,025$446,379$3,700,231
60$7,598,696$1,084,079$386,241$3,963,177
61$8,296,305$1,059,741$321,722$4,251,413
62$9,062,630$1,031,771$252,602$4,567,563
63$9,904,604$999,913$178,650$4,914,525
64$10,829,864$963,899$99,625$5,295,501
65$11,846,822$923,442$15,274$5,714,022
66$12,964,747$878,240$0$6,173,990
67$14,193,852$827,974$0$6,687,685
68$15,545,386$772,306$0$7,254,142
69$17,031,746$710,879$0$7,877,005
70$18,666,587$643,316$0$8,562,097
71$20,464,956$569,216$0$9,315,841
72$22,443,432$488,158$0$10,145,323
73$24,620,281$399,696$0$11,058,361
74$27,015,628$303,359$0$12,063,578
75$29,651,649$198,651$0$13,170,490
76$32,552,778$85,045$0$14,389,591
77$35,745,937$0$0$15,732,457
78$39,260,790$0$0$17,232,771
79$43,130,024$0$0$18,936,018
80$47,389,656$0$0$20,811,279
81$52,079,373$0$0$22,876,047
82$57,242,903$0$0$25,149,594
83$62,928,434$0$0$27,653,159
84$69,189,062$0$0$30,410,144
85$76,083,294$0$0$33,446,338
86$83,675,603$0$0$36,790,155
87$92,037,028$0$0$40,472,909
88$101,245,854$0$0$44,529,103
89$111,388,344$0$0$48,996,761
90$122,559,553$0$0$53,917,778
91$134,864,228$0$0$59,338,325
92$148,417,793$0$0$65,309,277
93$163,347,440$0$0$71,886,697
94$179,793,328$0$0$79,132,363
95$197,909,907$0$0$87,114,355
96$217,867,374$0$0$95,907,689
97$239,853,278$0$0$105,595,036
98$264,074,292$0$0$116,267,492
99$290,758,164$0$0$128,025,444
100$320,155,861$0$0$140,979,515