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%13%
1 years$80,515$79,797$79,098$78,415$77,748$76,776
2 years$39,859$39,116$38,397$37,699$37,023$36,045
3 years$26,309$25,563$24,845$24,154$23,489$22,536
4 years$19,535$18,791$18,081$17,402$16,752$15,831
5 years$15,472$14,733$14,032$13,366$12,735$11,848
6 years$12,764$12,030$11,340$10,689$10,077$9,225
7 years$10,830$10,103$9,423$8,788$8,195$7,379
8 years$9,381$8,660$7,992$7,372$6,799$6,018
9 years$8,254$7,540$6,883$6,279$5,725$4,980
10 years$7,353$6,646$6,001$5,413$4,878$4,168
11 years$6,617$5,917$5,283$4,711$4,196$3,520
12 years$6,003$5,311$4,689$4,132$3,636$2,993
13 years$5,485$4,799$4,189$3,648$3,170$2,561
14 years$5,040$4,362$3,764$3,238$2,779$2,201
15 years$4,656$3,985$3,398$2,888$2,447$1,900
16 years$4,320$3,656$3,081$2,586$2,163$1,645
17 years$4,023$3,367$2,804$2,323$1,918$1,429
18 years$3,760$3,112$2,559$2,094$1,705$1,244
19 years$3,525$2,884$2,343$1,892$1,520$1,085
20 years$3,314$2,680$2,150$1,714$1,357$948
21 years$3,123$2,496$1,978$1,555$1,215$830
22 years$2,949$2,330$1,823$1,414$1,089$728
23 years$2,791$2,179$1,683$1,288$977$639
24 years$2,647$2,042$1,557$1,174$879$561
25 years$2,514$1,916$1,442$1,073$791$493
26 years$2,391$1,801$1,337$981$712$434
27 years$2,278$1,695$1,242$898$642$382
28 years$2,173$1,597$1,154$822$579$337
29 years$2,076$1,507$1,074$754$523$297
30 years$1,985$1,423$1,000$692$473$262
31 years$1,900$1,345$933$636$427$231
32 years$1,820$1,273$870$584$387$204
33 years$1,746$1,205$813$537$350$180
34 years$1,676$1,142$759$494$317$159
35 years$1,610$1,083$710$455$287$140
36 years$1,549$1,028$664$419$260$124
37 years$1,490$977$622$386$236$110
38 years$1,435$928$582$356$214$97
39 years$1,383$883$545$328$194$86
40 years$1,333$840$511$303$176$76
41 years$1,286$799$479$279$159$67
42 years$1,241$761$450$258$145$59
43 years$1,199$725$422$238$131$52
44 years$1,158$691$396$220$119$46
45 years$1,120$659$372$203$108$41
46 years$1,083$629$349$187$98$36
47 years$1,048$600$328$173$89$32
48 years$1,015$573$308$160$81$28
49 years$983$547$290$148$74$25
50 years$952$523$272$137$67$22

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $975,000, adding $3,276 every year, while hoping to spend $59,294 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: 72/15/13 Blend
34$975,000$975,000$975,000$975,000
35$1,077,829$1,026,154$1,011,042$1,152,209
36$1,124,679$1,013,347$981,823$1,189,100
37$1,174,321$997,926$949,639$1,221,907
38$1,226,976$979,699$914,326$1,256,247
39$1,282,888$958,464$875,716$1,292,261
40$1,342,321$934,008$833,631$1,330,101
41$1,405,567$906,103$787,887$1,369,938
42$1,472,944$874,511$738,290$1,411,960
43$1,544,799$838,977$684,638$1,456,377
44$1,621,514$799,232$626,719$1,503,421
45$1,703,507$754,993$564,313$1,553,349
46$1,791,237$705,960$497,189$1,606,446
47$1,885,205$651,814$425,106$1,663,031
48$1,985,962$592,219$347,814$1,723,452
49$2,094,114$526,821$265,049$1,788,098
50$2,210,322$455,244$176,537$1,857,402
51$2,335,316$377,092$81,992$1,931,839
52$2,469,895$291,947$0$2,011,937
53$2,614,937$199,365$0$2,100,906
54$2,771,407$98,879$0$2,209,078
55$2,940,363$0$0$2,325,831
56$3,122,970$0$0$2,453,658
57$3,320,508$0$0$2,609,629
58$3,534,384$0$0$2,778,539
59$3,766,143$0$0$2,961,614
60$4,017,485$0$0$3,160,201
61$4,290,281$0$0$3,375,785
62$4,586,588$0$0$3,609,995
63$4,908,666$0$0$3,864,626
64$5,259,006$0$0$4,141,650
65$5,640,344$0$0$4,443,241
66$6,055,694$0$0$4,771,787
67$6,508,370$0$0$5,129,918
68$7,002,022$0$0$5,520,527
69$7,540,665$0$0$5,946,801
70$8,128,719$0$0$6,412,244
71$8,771,050$0$0$6,920,717
72$9,473,015$0$0$7,476,469
73$10,240,511$0$0$8,084,177
74$11,080,031$0$0$8,748,992
75$11,998,724$0$0$9,476,586
76$13,004,462$0$0$10,273,203
77$14,105,914$0$0$11,145,720
78$15,312,627$0$0$12,101,711
79$16,635,114$0$0$13,149,514
80$18,084,954$0$0$14,298,317
81$19,674,898$0$0$15,558,236
82$21,418,993$0$0$16,940,413
83$23,332,709$0$0$18,457,123
84$25,433,087$0$0$20,121,883
85$27,738,898$0$0$21,949,586
86$30,270,817$0$0$23,956,636
87$33,051,623$0$0$26,161,104
88$36,106,407$0$0$28,582,895
89$39,462,809$0$0$31,243,939
90$43,151,281$0$0$34,168,396
91$47,205,369$0$0$37,382,881
92$51,662,034$0$0$40,916,717
93$56,561,993$0$0$44,802,209
94$61,950,106$0$0$49,074,949
95$67,875,798$0$0$53,774,150
96$74,393,524$0$0$58,943,016
97$81,563,282$0$0$64,629,150
98$89,451,177$0$0$70,884,999
99$98,130,042$0$0$77,768,350
100$107,680,130$0$0$85,342,874