Can I retire at age 35 with 975,000?

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 $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%14.2%
1 years$80,515$79,797$79,098$78,415$77,748$76,397
2 years$39,859$39,116$38,397$37,699$37,023$35,666
3 years$26,309$25,563$24,845$24,154$23,489$22,169
4 years$19,535$18,791$18,081$17,402$16,752$15,479
5 years$15,472$14,733$14,032$13,366$12,735$11,512
6 years$12,764$12,030$11,340$10,689$10,077$8,905
7 years$10,830$10,103$9,423$8,788$8,195$7,076
8 years$9,381$8,660$7,992$7,372$6,799$5,731
9 years$8,254$7,540$6,883$6,279$5,725$4,709
10 years$7,353$6,646$6,001$5,413$4,878$3,912
11 years$6,617$5,917$5,283$4,711$4,196$3,279
12 years$6,003$5,311$4,689$4,132$3,636$2,767
13 years$5,485$4,799$4,189$3,648$3,170$2,349
14 years$5,040$4,362$3,764$3,238$2,779$2,003
15 years$4,656$3,985$3,398$2,888$2,447$1,714
16 years$4,320$3,656$3,081$2,586$2,163$1,472
17 years$4,023$3,367$2,804$2,323$1,918$1,268
18 years$3,760$3,112$2,559$2,094$1,705$1,094
19 years$3,525$2,884$2,343$1,892$1,520$946
20 years$3,314$2,680$2,150$1,714$1,357$820
21 years$3,123$2,496$1,978$1,555$1,215$711
22 years$2,949$2,330$1,823$1,414$1,089$618
23 years$2,791$2,179$1,683$1,288$977$537
24 years$2,647$2,042$1,557$1,174$879$467
25 years$2,514$1,916$1,442$1,073$791$407
26 years$2,391$1,801$1,337$981$712$355
27 years$2,278$1,695$1,242$898$642$309
28 years$2,173$1,597$1,154$822$579$270
29 years$2,076$1,507$1,074$754$523$236
30 years$1,985$1,423$1,000$692$473$206
31 years$1,900$1,345$933$636$427$180
32 years$1,820$1,273$870$584$387$157
33 years$1,746$1,205$813$537$350$137
34 years$1,676$1,142$759$494$317$120
35 years$1,610$1,083$710$455$287$105
36 years$1,549$1,028$664$419$260$92
37 years$1,490$977$622$386$236$80
38 years$1,435$928$582$356$214$70
39 years$1,383$883$545$328$194$61
40 years$1,333$840$511$303$176$54
41 years$1,286$799$479$279$159$47
42 years$1,241$761$450$258$145$41
43 years$1,199$725$422$238$131$36
44 years$1,158$691$396$220$119$32
45 years$1,120$659$372$203$108$28
46 years$1,083$629$349$187$98$24
47 years$1,048$600$328$173$89$21
48 years$1,015$573$308$160$81$19
49 years$983$547$290$148$74$16
50 years$952$523$272$137$67$14

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $975,000, adding $6,671 every year, while hoping to spend $50,831 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: 68/15/17 Blend
34$975,000$975,000$975,000$975,000
35$1,081,331$1,029,656$1,014,544$1,150,006
36$1,137,543$1,026,025$994,447$1,193,051
37$1,197,785$1,020,513$971,974$1,233,518
38$1,262,414$1,012,974$946,990$1,276,518
39$1,331,823$1,003,252$919,357$1,322,295
40$1,406,442$991,184$888,928$1,371,120
41$1,486,743$976,596$855,551$1,423,294
42$1,573,246$959,304$819,067$1,479,149
43$1,666,520$939,113$779,309$1,539,051
44$1,767,191$915,816$736,101$1,603,407
45$1,875,947$889,193$689,263$1,672,666
46$1,993,544$859,014$638,604$1,747,325
47$2,120,813$825,033$583,925$1,827,933
48$2,258,667$786,991$525,017$1,915,097
49$2,408,110$744,613$461,665$2,009,488
50$2,570,247$697,608$393,640$2,111,849
51$2,746,292$645,671$320,707$2,223,001
52$2,937,580$588,476$242,617$2,343,849
53$3,145,582$525,680$159,114$2,475,396
54$3,371,914$456,920$69,926$2,618,748
55$3,618,354$381,814$0$2,775,130
56$3,886,860$299,957$0$2,950,474
57$4,179,586$210,921$0$3,155,525
58$4,498,902$114,254$0$3,379,293
59$4,847,418$9,481$0$3,623,656
60$5,228,006$0$0$3,890,688
61$5,643,827$0$0$4,199,824
62$6,098,363$0$0$4,539,508
63$6,595,446$0$0$4,911,046
64$7,139,296$0$0$5,317,599
65$7,734,558$0$0$5,762,647
66$8,386,349$0$0$6,250,024
67$9,100,304$0$0$6,783,950
68$9,882,625$0$0$7,369,073
69$10,740,148$0$0$8,010,515
70$11,680,397$0$0$8,713,911
71$12,711,661$0$0$9,485,473
72$13,843,069$0$0$10,332,041
73$15,084,678$0$0$11,261,150
74$16,447,565$0$0$12,281,097
75$17,943,929$0$0$13,401,025
76$19,587,212$0$0$14,631,004
77$21,392,219$0$0$15,982,128
78$23,375,261$0$0$17,466,618
79$25,554,307$0$0$19,097,936
80$27,949,150$0$0$20,890,915
81$30,581,598$0$0$22,861,895
82$33,475,678$0$0$25,028,879
83$36,657,858$0$0$27,411,700
84$40,157,303$0$0$30,032,209
85$44,006,142$0$0$32,914,482
86$48,239,775$0$0$36,085,046
87$52,897,206$0$0$39,573,126
88$58,021,410$0$0$43,410,923
89$63,659,737$0$0$47,633,917
90$69,864,358$0$0$52,281,202
91$76,692,756$0$0$57,395,852
92$84,208,272$0$0$63,025,328
93$92,480,695$0$0$69,221,926
94$101,586,925$0$0$76,043,269
95$111,611,697$0$0$83,552,852
96$122,648,377$0$0$91,820,637
97$134,799,846$0$0$100,923,716
98$148,179,466$0$0$110,947,037
99$162,912,153$0$0$121,984,203
100$179,135,554$0$0$134,138,357