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%18%
1 years$80,515$79,797$79,098$78,415$77,748$75,229
2 years$39,859$39,116$38,397$37,699$37,023$34,509
3 years$26,309$25,563$24,845$24,154$23,489$21,058
4 years$19,535$18,791$18,081$17,402$16,752$14,424
5 years$15,472$14,733$14,032$13,366$12,735$10,515
6 years$12,764$12,030$11,340$10,689$10,077$7,968
7 years$10,830$10,103$9,423$8,788$8,195$6,196
8 years$9,381$8,660$7,992$7,372$6,799$4,908
9 years$8,254$7,540$6,883$6,279$5,725$3,942
10 years$7,353$6,646$6,001$5,413$4,878$3,198
11 years$6,617$5,917$5,283$4,711$4,196$2,616
12 years$6,003$5,311$4,689$4,132$3,636$2,154
13 years$5,485$4,799$4,189$3,648$3,170$1,782
14 years$5,040$4,362$3,764$3,238$2,779$1,480
15 years$4,656$3,985$3,398$2,888$2,447$1,234
16 years$4,320$3,656$3,081$2,586$2,163$1,031
17 years$4,023$3,367$2,804$2,323$1,918$864
18 years$3,760$3,112$2,559$2,094$1,705$725
19 years$3,525$2,884$2,343$1,892$1,520$610
20 years$3,314$2,680$2,150$1,714$1,357$513
21 years$3,123$2,496$1,978$1,555$1,215$432
22 years$2,949$2,330$1,823$1,414$1,089$365
23 years$2,791$2,179$1,683$1,288$977$308
24 years$2,647$2,042$1,557$1,174$879$260
25 years$2,514$1,916$1,442$1,073$791$220
26 years$2,391$1,801$1,337$981$712$186
27 years$2,278$1,695$1,242$898$642$157
28 years$2,173$1,597$1,154$822$579$133
29 years$2,076$1,507$1,074$754$523$112
30 years$1,985$1,423$1,000$692$473$95
31 years$1,900$1,345$933$636$427$81
32 years$1,820$1,273$870$584$387$68
33 years$1,746$1,205$813$537$350$58
34 years$1,676$1,142$759$494$317$49
35 years$1,610$1,083$710$455$287$41
36 years$1,549$1,028$664$419$260$35
37 years$1,490$977$622$386$236$30
38 years$1,435$928$582$356$214$25
39 years$1,383$883$545$328$194$21
40 years$1,333$840$511$303$176$18
41 years$1,286$799$479$279$159$15
42 years$1,241$761$450$258$145$13
43 years$1,199$725$422$238$131$11
44 years$1,158$691$396$220$119$9
45 years$1,120$659$372$203$108$8
46 years$1,083$629$349$187$98$7
47 years$1,048$600$328$173$89$6
48 years$1,015$573$308$160$81$5
49 years$983$547$290$148$74$4
50 years$952$523$272$137$67$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $975,000, adding $4,731 every year, while hoping to spend $58,474 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: 36/47/17 Blend
34$975,000$975,000$975,000$975,000
35$1,079,330$1,027,655$1,012,543$1,112,436
36$1,127,206$1,015,794$984,247$1,125,001
37$1,178,005$1,001,392$953,043$1,132,700
38$1,231,964$984,263$918,773$1,139,772
39$1,289,342$964,210$881,270$1,146,196
40$1,350,422$941,023$840,359$1,151,948
41$1,415,513$914,481$795,859$1,157,012
42$1,484,955$884,350$747,580$1,161,373
43$1,559,119$850,382$695,322$1,165,021
44$1,638,413$812,315$638,880$1,167,953
45$1,723,283$769,870$578,034$1,170,171
46$1,814,220$722,755$512,560$1,171,684
47$1,911,759$670,659$442,219$1,172,511
48$2,016,491$613,254$366,766$1,172,681
49$2,129,062$550,192$285,942$1,172,235
50$2,250,182$481,108$199,477$1,171,226
51$2,380,631$405,613$107,090$1,169,722
52$2,521,266$323,298$8,487$1,167,811
53$2,673,026$233,730$0$1,165,598
54$2,836,945$136,453$0$1,180,761
55$3,014,158$30,985$0$1,198,688
56$3,205,915$0$0$1,218,084
57$3,413,587$0$0$1,282,248
58$3,638,683$0$0$1,369,280
59$3,882,860$0$0$1,463,811
60$4,147,945$0$0$1,566,563
61$4,435,942$0$0$1,678,328
62$4,749,060$0$0$1,799,981
63$5,089,727$0$0$1,932,482
64$5,460,614$0$0$2,076,889
65$5,864,660$0$0$2,234,365
66$6,305,103$0$0$2,406,191
67$6,785,501$0$0$2,593,777
68$7,309,773$0$0$2,798,674
69$7,882,235$0$0$3,022,591
70$8,507,634$0$0$3,267,409
71$9,191,198$0$0$3,535,199
72$9,938,682$0$0$3,828,240
73$10,756,425$0$0$4,149,044
74$11,651,403$0$0$4,500,375
75$12,631,300$0$0$4,885,278
76$13,704,578$0$0$5,307,106
77$14,880,554$0$0$5,769,551
78$16,169,490$0$0$6,276,681
79$17,582,687$0$0$6,832,975
80$19,132,594$0$0$7,443,368
81$20,832,920$0$0$8,113,293
82$22,698,767$0$0$8,848,738
83$24,746,768$0$0$9,656,297
84$26,995,247$0$0$10,543,235
85$29,464,385$0$0$11,517,552
86$32,176,418$0$0$12,588,066
87$35,155,839$0$0$13,764,487
88$38,429,629$0$0$15,057,515
89$42,027,514$0$0$16,478,937
90$45,982,243$0$0$18,041,739
91$50,329,893$0$0$19,760,229
92$55,110,214$0$0$21,650,168
93$60,366,998$0$0$23,728,925
94$66,148,493$0$0$26,015,634
95$72,507,859$0$0$28,531,378
96$79,503,665$0$0$31,299,385
97$87,200,444$0$0$34,345,249
98$95,669,297$0$0$37,697,172
99$104,988,567$0$0$41,386,225
100$115,244,574$0$0$45,446,646