Can I retire at age 35 with 975,000?

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 $975,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.7%
1 years$80,515$79,797$79,098$78,415$77,748$75,623
2 years$39,859$39,116$38,397$37,699$37,023$34,898
3 years$26,309$25,563$24,845$24,154$23,489$21,430
4 years$19,535$18,791$18,081$17,402$16,752$14,775
5 years$15,472$14,733$14,032$13,366$12,735$10,845
6 years$12,764$12,030$11,340$10,689$10,077$8,276
7 years$10,830$10,103$9,423$8,788$8,195$6,484
8 years$9,381$8,660$7,992$7,372$6,799$5,176
9 years$8,254$7,540$6,883$6,279$5,725$4,189
10 years$7,353$6,646$6,001$5,413$4,878$3,427
11 years$6,617$5,917$5,283$4,711$4,196$2,827
12 years$6,003$5,311$4,689$4,132$3,636$2,347
13 years$5,485$4,799$4,189$3,648$3,170$1,959
14 years$5,040$4,362$3,764$3,238$2,779$1,642
15 years$4,656$3,985$3,398$2,888$2,447$1,382
16 years$4,320$3,656$3,081$2,586$2,163$1,166
17 years$4,023$3,367$2,804$2,323$1,918$986
18 years$3,760$3,112$2,559$2,094$1,705$835
19 years$3,525$2,884$2,343$1,892$1,520$709
20 years$3,314$2,680$2,150$1,714$1,357$603
21 years$3,123$2,496$1,978$1,555$1,215$513
22 years$2,949$2,330$1,823$1,414$1,089$437
23 years$2,791$2,179$1,683$1,288$977$373
24 years$2,647$2,042$1,557$1,174$879$318
25 years$2,514$1,916$1,442$1,073$791$272
26 years$2,391$1,801$1,337$981$712$232
27 years$2,278$1,695$1,242$898$642$198
28 years$2,173$1,597$1,154$822$579$170
29 years$2,076$1,507$1,074$754$523$145
30 years$1,985$1,423$1,000$692$473$124
31 years$1,900$1,345$933$636$427$106
32 years$1,820$1,273$870$584$387$91
33 years$1,746$1,205$813$537$350$78
34 years$1,676$1,142$759$494$317$67
35 years$1,610$1,083$710$455$287$57
36 years$1,549$1,028$664$419$260$49
37 years$1,490$977$622$386$236$42
38 years$1,435$928$582$356$214$36
39 years$1,383$883$545$328$194$31
40 years$1,333$840$511$303$176$26
41 years$1,286$799$479$279$159$23
42 years$1,241$761$450$258$145$19
43 years$1,199$725$422$238$131$17
44 years$1,158$691$396$220$119$14
45 years$1,120$659$372$203$108$12
46 years$1,083$629$349$187$98$10
47 years$1,048$600$328$173$89$9
48 years$1,015$573$308$160$81$8
49 years$983$547$290$148$74$7
50 years$952$523$272$137$67$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $975,000, adding $4,224 every year, while hoping to spend $54,708 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: 28/48/24 Blend
34$975,000$975,000$975,000$975,000
35$1,078,807$1,027,132$1,012,020$1,100,818
36$1,130,636$1,019,253$987,713$1,110,575
37$1,185,919$1,009,154$960,759$1,115,973
38$1,244,949$996,668$931,011$1,120,635
39$1,308,049$981,620$898,315$1,124,536
40$1,375,573$963,823$862,511$1,127,650
41$1,447,908$943,077$823,433$1,129,956
42$1,525,481$919,174$780,904$1,131,435
43$1,608,758$891,891$734,741$1,132,076
44$1,698,250$860,993$684,755$1,131,871
45$1,794,521$826,231$630,743$1,130,817
46$1,898,187$787,341$572,498$1,128,921
47$2,009,928$744,046$509,802$1,126,199
48$2,130,486$696,050$442,427$1,122,675
49$2,260,682$643,043$370,134$1,118,386
50$2,401,413$584,693$292,675$1,113,382
51$2,553,668$520,654$209,790$1,107,729
52$2,718,534$450,558$121,210$1,101,508
53$2,897,204$374,015$26,650$1,094,824
54$3,090,992$290,615$0$1,087,802
55$3,301,342$199,924$0$1,099,609
56$3,529,842$101,483$0$1,119,927
57$3,778,240$0$0$1,142,220
58$4,048,457$0$0$1,169,564
59$4,342,609$0$0$1,257,819
60$4,663,023$0$0$1,354,099
61$5,012,259$0$0$1,459,190
62$5,393,136$0$0$1,573,961
63$5,808,756$0$0$1,699,365
64$6,262,533$0$0$1,836,453
65$6,758,225$0$0$1,986,383
66$7,299,971$0$0$2,150,427
67$7,892,326$0$0$2,329,990
68$8,540,305$0$0$2,526,614
69$9,249,431$0$0$2,742,002
70$10,025,786$0$0$2,978,026
71$10,876,066$0$0$3,236,749
72$11,807,645$0$0$3,520,443
73$12,828,645$0$0$3,831,611
74$13,948,011$0$0$4,173,008
75$15,175,593$0$0$4,547,671
76$16,522,243$0$0$4,958,944
77$17,999,912$0$0$5,410,510
78$19,621,763$0$0$5,906,427
79$21,402,298$0$0$6,451,164
80$23,357,490$0$0$7,049,647
81$25,504,934$0$0$7,707,300
82$27,864,014$0$0$8,430,099
83$30,456,084$0$0$9,224,628
84$33,304,668$0$0$10,098,141
85$36,435,683$0$0$11,058,629
86$39,877,681$0$0$12,114,897
87$43,662,117$0$0$13,276,645
88$47,823,648$0$0$14,554,561
89$52,400,458$0$0$15,960,422
90$57,434,614$0$0$17,507,201
91$62,972,468$0$0$19,209,194
92$69,065,087$0$0$21,082,153
93$75,768,741$0$0$23,143,432
94$83,145,427$0$0$25,412,155
95$91,263,454$0$0$27,909,393
96$100,198,093$0$0$30,658,363
97$110,032,276$0$0$33,684,648
98$120,857,386$0$0$37,016,436
99$132,774,114$0$0$40,684,789
100$145,893,411$0$0$44,723,934