Can I retire at age 35 with 974,000?

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 $974,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.3%
1 years$80,432$79,716$79,017$78,334$77,668$77,243
2 years$39,818$39,076$38,358$37,661$36,985$36,556
3 years$26,282$25,537$24,820$24,130$23,465$23,046
4 years$19,515$18,772$18,063$17,384$16,735$16,329
5 years$15,456$14,718$14,017$13,353$12,722$12,329
6 years$12,751$12,018$11,328$10,678$10,066$9,688
7 years$10,819$10,093$9,414$8,779$8,187$7,823
8 years$9,371$8,651$7,984$7,365$6,792$6,442
9 years$8,246$7,533$6,876$6,273$5,720$5,385
10 years$7,346$6,640$5,995$5,407$4,873$4,553
11 years$6,610$5,911$5,278$4,706$4,191$3,885
12 years$5,997$5,305$4,684$4,128$3,632$3,340
13 years$5,479$4,794$4,185$3,644$3,167$2,888
14 years$5,035$4,358$3,760$3,235$2,776$2,511
15 years$4,651$3,981$3,395$2,885$2,445$2,192
16 years$4,315$3,653$3,078$2,583$2,160$1,920
17 years$4,019$3,364$2,801$2,321$1,916$1,688
18 years$3,756$3,108$2,557$2,092$1,703$1,487
19 years$3,521$2,881$2,341$1,890$1,518$1,313
20 years$3,310$2,677$2,148$1,712$1,356$1,162
21 years$3,120$2,494$1,976$1,554$1,214$1,030
22 years$2,946$2,328$1,821$1,413$1,088$915
23 years$2,788$2,177$1,681$1,286$976$813
24 years$2,644$2,040$1,555$1,173$878$724
25 years$2,511$1,914$1,440$1,072$790$645
26 years$2,389$1,799$1,336$980$711$575
27 years$2,276$1,693$1,240$897$641$513
28 years$2,171$1,595$1,153$822$579$458
29 years$2,073$1,505$1,073$753$523$410
30 years$1,983$1,421$999$691$472$366
31 years$1,898$1,344$932$635$427$328
32 years$1,819$1,271$869$584$386$293
33 years$1,744$1,204$812$537$349$263
34 years$1,674$1,141$758$494$316$235
35 years$1,609$1,082$709$455$287$211
36 years$1,547$1,027$663$419$260$189
37 years$1,489$976$621$386$235$169
38 years$1,433$927$581$356$213$152
39 years$1,381$882$545$328$193$136
40 years$1,332$839$511$302$175$122
41 years$1,285$799$479$279$159$110
42 years$1,240$761$449$257$144$98
43 years$1,198$725$421$238$131$88
44 years$1,157$691$396$219$119$79
45 years$1,119$659$371$203$108$71
46 years$1,082$628$349$187$98$64
47 years$1,047$600$328$173$89$57
48 years$1,014$572$308$160$81$51
49 years$982$547$289$148$73$46
50 years$951$522$272$137$67$42

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $974,000, adding $3,230 every year, while hoping to spend $27,789 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: 56/39/5 Blend
34$974,000$974,000$974,000$974,000
35$1,076,680$1,025,058$1,009,961$1,135,732
36$1,156,934$1,045,718$1,014,227$1,196,494
37$1,244,442$1,066,460$1,017,705$1,259,236
38$1,339,916$1,087,257$1,020,339$1,326,874
39$1,444,137$1,108,082$1,022,070$1,399,877
40$1,557,967$1,128,906$1,022,837$1,478,762
41$1,682,352$1,149,695$1,022,575$1,564,097
42$1,818,338$1,170,416$1,021,217$1,656,507
43$1,967,072$1,191,030$1,018,691$1,756,685
44$2,129,820$1,211,497$1,014,924$1,865,388
45$2,307,974$1,231,773$1,009,836$1,983,456
46$2,503,069$1,251,811$1,003,347$2,111,812
47$2,716,794$1,271,562$995,371$2,251,472
48$2,951,008$1,290,970$985,818$2,403,559
49$3,207,761$1,309,977$974,593$2,569,308
50$3,489,309$1,328,523$961,598$2,750,081
51$3,798,137$1,346,539$946,730$2,947,379
52$4,136,983$1,363,955$929,881$3,162,857
53$4,508,861$1,380,694$910,938$3,398,339
54$4,917,092$1,396,676$889,782$3,655,835
55$5,365,336$1,411,813$866,289$3,937,561
56$5,857,621$1,426,013$840,331$4,245,959
57$6,398,388$1,439,177$811,772$4,583,721
58$6,992,526$1,451,199$780,469$4,953,816
59$7,645,424$1,461,968$746,275$5,359,515
60$8,363,017$1,471,364$709,034$5,804,423
61$9,151,844$1,479,260$668,586$6,292,517
62$10,019,108$1,485,521$624,760$6,828,177
63$10,972,748$1,490,002$577,380$7,416,235
64$12,021,507$1,492,551$526,261$8,062,014
65$13,175,020$1,493,005$471,210$8,771,384
66$14,443,902$1,491,192$412,026$9,550,814
67$15,839,848$1,486,929$348,497$10,407,438
68$17,375,745$1,480,020$280,404$11,349,115
69$19,065,791$1,470,261$207,517$12,384,513
70$20,925,629$1,457,432$129,597$13,523,183
71$22,972,498$1,441,300$46,393$14,775,656
72$25,225,389$1,421,621$0$16,153,538
73$27,705,231$1,398,132$0$17,671,885
74$30,435,083$1,370,559$0$19,345,328
75$33,440,353$1,338,607$0$21,186,948
76$36,749,038$1,301,969$0$23,213,896
77$40,391,989$1,260,314$0$25,445,077
78$44,403,200$1,213,297$0$27,901,328
79$48,820,127$1,160,550$0$30,605,612
80$53,684,047$1,101,684$0$33,583,245
81$59,040,441$1,036,287$0$36,862,124
82$64,939,427$963,926$0$40,473,001
83$71,436,230$884,141$0$44,449,769
84$78,591,707$796,445$0$48,829,784
85$86,472,915$700,324$0$53,654,220
86$95,153,749$595,237$0$58,968,455
87$104,715,637$480,609$0$64,822,507
88$115,248,308$355,835$0$71,271,502
89$126,850,639$220,274$0$78,376,196
90$139,631,588$73,252$0$86,203,554
91$153,711,224$0$0$94,827,379
92$169,221,854$0$0$104,365,899
93$186,309,279$0$0$114,908,866
94$205,134,166$0$0$126,523,991
95$225,873,563$0$0$139,320,533
96$248,722,574$0$0$153,418,892
97$273,896,196$0$0$168,951,745
98$301,631,350$0$0$186,065,299
99$332,189,120$0$0$204,920,670
100$365,857,210$0$0$225,695,406