Can I retire at age 35 with 976,000?

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 $976,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.4%
1 years$80,597$79,879$79,179$78,495$77,828$76,101
2 years$39,900$39,156$38,436$37,738$37,061$35,330
3 years$26,336$25,589$24,871$24,179$23,513$21,832
4 years$19,555$18,811$18,100$17,420$16,770$15,152
5 years$15,487$14,748$14,046$13,380$12,748$11,198
6 years$12,777$12,043$11,351$10,700$10,087$8,606
7 years$10,841$10,113$9,433$8,797$8,203$6,792
8 years$9,390$8,669$8,000$7,380$6,806$5,463
9 years$8,262$7,548$6,890$6,286$5,731$4,457
10 years$7,361$6,653$6,007$5,418$4,883$3,676
11 years$6,623$5,923$5,289$4,716$4,200$3,057
12 years$6,009$5,316$4,693$4,136$3,639$2,560
13 years$5,490$4,804$4,193$3,652$3,174$2,156
14 years$5,046$4,367$3,768$3,242$2,782$1,823
15 years$4,661$3,989$3,402$2,891$2,450$1,548
16 years$4,324$3,660$3,084$2,589$2,165$1,318
17 years$4,027$3,371$2,806$2,326$1,920$1,125
18 years$3,764$3,115$2,562$2,096$1,707$963
19 years$3,529$2,887$2,345$1,894$1,521$825
20 years$3,317$2,682$2,152$1,715$1,359$708
21 years$3,126$2,499$1,980$1,557$1,216$609
22 years$2,952$2,332$1,825$1,415$1,090$524
23 years$2,794$2,181$1,685$1,289$978$451
24 years$2,649$2,044$1,558$1,176$879$389
25 years$2,516$1,918$1,443$1,074$791$336
26 years$2,394$1,803$1,338$982$713$290
27 years$2,280$1,697$1,243$899$643$250
28 years$2,175$1,599$1,155$823$580$216
29 years$2,078$1,508$1,075$755$524$187
30 years$1,987$1,424$1,002$693$473$162
31 years$1,902$1,346$934$636$428$140
32 years$1,822$1,274$871$585$387$121
33 years$1,748$1,206$813$538$350$105
34 years$1,678$1,143$760$495$317$91
35 years$1,612$1,085$711$456$287$78
36 years$1,550$1,029$665$420$260$68
37 years$1,492$978$622$387$236$59
38 years$1,436$929$583$356$214$51
39 years$1,384$884$546$329$194$44
40 years$1,334$841$512$303$176$38
41 years$1,287$800$480$280$160$33
42 years$1,243$762$450$258$145$29
43 years$1,200$726$422$238$131$25
44 years$1,160$692$396$220$119$22
45 years$1,121$660$372$203$108$19
46 years$1,084$630$350$188$98$16
47 years$1,049$601$328$173$89$14
48 years$1,016$574$309$160$81$12
49 years$984$548$290$148$74$11
50 years$953$523$273$137$67$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $976,000, adding $2,542 every year, while hoping to spend $35,566 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: 58/20/22 Blend
34$976,000$976,000$976,000$976,000
35$1,078,174$1,026,446$1,011,318$1,134,217
36$1,150,306$1,038,900$1,007,355$1,185,122
37$1,228,603$1,050,772$1,002,068$1,236,546
38$1,313,657$1,061,996$995,373$1,291,835
39$1,406,118$1,072,502$987,187$1,351,372
40$1,506,702$1,082,215$977,417$1,415,578
41$1,616,196$1,091,054$965,971$1,484,917
42$1,735,467$1,098,934$952,750$1,559,903
43$1,865,467$1,105,764$937,649$1,641,104
44$2,007,246$1,111,448$920,562$1,729,144
45$2,161,959$1,115,883$901,375$1,824,714
46$2,330,877$1,118,960$879,969$1,928,579
47$2,515,399$1,120,561$856,221$2,041,578
48$2,717,066$1,120,565$830,000$2,164,642
49$2,937,573$1,118,839$801,172$2,298,797
50$3,178,788$1,115,245$769,593$2,445,174
51$3,442,767$1,109,634$735,117$2,605,023
52$3,731,774$1,101,850$697,588$2,779,724
53$4,048,301$1,091,727$656,843$2,970,797
54$4,395,094$1,079,089$612,714$3,179,922
55$4,775,178$1,063,748$565,024$3,408,953
56$5,191,880$1,045,506$513,587$3,659,935
57$5,648,871$1,024,154$458,211$3,935,123
58$6,150,187$999,470$398,693$4,237,008
59$6,700,280$971,217$334,822$4,568,336
60$7,304,050$939,148$266,380$4,932,137
61$7,966,894$902,998$193,135$5,331,754
62$8,694,761$862,488$114,849$5,770,876
63$9,494,200$817,324$31,270$6,253,570
64$10,372,428$767,192$0$6,784,325
65$11,337,395$711,764$0$7,381,687
66$12,397,858$650,689$0$8,046,237
67$13,563,466$583,599$0$8,776,715
68$14,844,848$510,104$0$9,579,833
69$16,253,715$429,792$0$10,462,989
70$17,802,969$342,227$0$11,434,339
71$19,506,826$246,950$0$12,502,870
72$21,380,947$143,475$0$13,678,491
73$23,442,588$31,289$0$14,972,122
74$25,710,760$0$0$16,395,802
75$28,206,412$0$0$17,982,640
76$30,952,626$0$0$19,736,468
77$33,974,832$0$0$21,666,654
78$37,301,051$0$0$23,791,106
79$40,962,159$0$0$26,129,558
80$44,992,178$0$0$28,703,752
81$49,428,592$0$0$31,537,647
82$54,312,707$0$0$34,657,641
83$59,690,038$0$0$38,092,825
84$65,610,736$0$0$41,875,251
85$72,130,064$0$0$46,040,238
86$79,308,914$0$0$50,626,705
87$87,214,386$0$0$55,677,539
88$95,920,420$0$0$61,239,996
89$105,508,489$0$0$67,366,148
90$116,068,373$0$0$74,113,378
91$127,699,003$0$0$81,544,916
92$140,509,394$0$0$89,730,437
93$154,619,676$0$0$98,746,722
94$170,162,223$0$0$108,678,377
95$187,282,908$0$0$119,618,635
96$206,142,473$0$0$131,670,234
97$226,918,050$0$0$144,946,386
98$249,804,830$0$0$159,571,848
99$275,017,908$0$0$175,684,097
100$302,794,309$0$0$193,434,626