Can I retire at age 35 with 976,000?

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 $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%18.8%
1 years$80,597$79,879$79,179$78,495$77,828$75,066
2 years$39,900$39,156$38,436$37,738$37,061$34,308
3 years$26,336$25,589$24,871$24,179$23,513$20,856
4 years$19,555$18,811$18,100$17,420$16,770$14,228
5 years$15,487$14,748$14,046$13,380$12,748$10,328
6 years$12,777$12,043$11,351$10,700$10,087$7,792
7 years$10,841$10,113$9,433$8,797$8,203$6,032
8 years$9,390$8,669$8,000$7,380$6,806$4,755
9 years$8,262$7,548$6,890$6,286$5,731$3,800
10 years$7,361$6,653$6,007$5,418$4,883$3,068
11 years$6,623$5,923$5,289$4,716$4,200$2,497
12 years$6,009$5,316$4,693$4,136$3,639$2,044
13 years$5,490$4,804$4,193$3,652$3,174$1,682
14 years$5,046$4,367$3,768$3,242$2,782$1,390
15 years$4,661$3,989$3,402$2,891$2,450$1,152
16 years$4,324$3,660$3,084$2,589$2,165$957
17 years$4,027$3,371$2,806$2,326$1,920$797
18 years$3,764$3,115$2,562$2,096$1,707$665
19 years$3,529$2,887$2,345$1,894$1,521$556
20 years$3,317$2,682$2,152$1,715$1,359$465
21 years$3,126$2,499$1,980$1,557$1,216$389
22 years$2,952$2,332$1,825$1,415$1,090$326
23 years$2,794$2,181$1,685$1,289$978$274
24 years$2,649$2,044$1,558$1,176$879$230
25 years$2,516$1,918$1,443$1,074$791$193
26 years$2,394$1,803$1,338$982$713$162
27 years$2,280$1,697$1,243$899$643$136
28 years$2,175$1,599$1,155$823$580$114
29 years$2,078$1,508$1,075$755$524$96
30 years$1,987$1,424$1,002$693$473$81
31 years$1,902$1,346$934$636$428$68
32 years$1,822$1,274$871$585$387$57
33 years$1,748$1,206$813$538$350$48
34 years$1,678$1,143$760$495$317$40
35 years$1,612$1,085$711$456$287$34
36 years$1,550$1,029$665$420$260$29
37 years$1,492$978$622$387$236$24
38 years$1,436$929$583$356$214$20
39 years$1,384$884$546$329$194$17
40 years$1,334$841$512$303$176$14
41 years$1,287$800$480$280$160$12
42 years$1,243$762$450$258$145$10
43 years$1,200$726$422$238$131$9
44 years$1,160$692$396$220$119$7
45 years$1,121$660$372$203$108$6
46 years$1,084$630$350$188$98$5
47 years$1,049$601$328$173$89$4
48 years$1,016$574$309$160$81$4
49 years$984$548$290$148$74$3
50 years$953$523$273$137$67$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $976,000, adding $2,311 every year, while hoping to spend $34,180 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: 68/6/26 Blend
34$976,000$976,000$976,000$976,000
35$1,077,936$1,026,208$1,011,080$1,143,846
36$1,151,518$1,040,125$1,008,584$1,202,330
37$1,231,460$1,053,578$1,004,858$1,262,173
38$1,318,374$1,066,509$999,827$1,326,861
39$1,412,935$1,078,854$993,408$1,396,872
40$1,515,884$1,090,548$985,516$1,472,735
41$1,628,037$1,101,517$976,063$1,555,033
42$1,750,291$1,111,686$964,956$1,644,410
43$1,883,636$1,120,974$952,097$1,741,574
44$2,029,158$1,129,293$937,384$1,847,308
45$2,188,056$1,136,552$920,710$1,962,475
46$2,361,647$1,142,652$901,963$2,088,026
47$2,551,381$1,147,489$881,025$2,225,010
48$2,758,858$1,150,951$857,775$2,374,586
49$2,985,835$1,152,921$832,084$2,538,028
50$3,234,249$1,153,273$803,818$2,716,746
51$3,506,233$1,151,874$772,837$2,912,290
52$3,804,135$1,148,583$738,993$3,126,372
53$4,130,542$1,143,248$702,134$3,360,881
54$4,488,301$1,135,711$662,100$3,617,897
55$4,880,550$1,125,803$618,722$3,899,715
56$5,310,743$1,113,344$571,826$4,208,866
57$5,782,685$1,098,145$521,229$4,548,141
58$6,300,569$1,080,003$466,740$4,920,616
59$6,869,010$1,058,707$408,158$5,329,685
60$7,493,094$1,034,029$345,277$5,779,088
61$8,178,424$1,005,730$277,878$6,272,950
62$8,931,169$973,557$205,733$6,815,818
63$9,758,129$937,242$128,605$7,412,706
64$10,666,792$896,501$46,248$8,069,141
65$11,665,409$851,033$0$8,791,219
66$12,763,069$800,522$0$9,597,210
67$13,969,785$744,631$0$10,497,412
68$15,296,590$683,005$0$11,487,225
69$16,755,639$615,268$0$12,575,735
70$18,360,323$541,025$0$13,772,949
71$20,125,396$459,856$0$15,089,899
72$22,067,115$371,317$0$16,538,736
73$24,203,390$274,941$0$18,132,853
74$26,553,957$170,234$0$19,887,005
75$29,140,559$56,674$0$21,817,455
76$31,987,154$0$0$23,942,119
77$35,120,141$0$0$26,285,120
78$38,568,607$0$0$28,868,238
79$42,364,602$0$0$31,711,749
80$46,543,442$0$0$34,842,115
81$51,144,039$0$0$38,288,494
82$56,209,272$0$0$42,083,018
83$61,786,387$0$0$46,261,090
84$67,927,448$0$0$50,861,721
85$74,689,820$0$0$55,927,900
86$82,136,718$0$0$61,506,995
87$90,337,798$0$0$67,651,203
88$99,369,818$0$0$74,418,041
89$109,317,356$0$0$81,870,888
90$120,273,616$0$0$90,079,585
91$132,341,300$0$0$99,121,092
92$145,633,580$0$0$109,080,215
93$160,275,168$0$0$120,050,404
94$176,403,486$0$0$132,134,639
95$194,169,971$0$0$145,446,397
96$213,741,497$0$0$160,110,726
97$235,301,954$0$0$176,265,424
98$259,053,981$0$0$194,062,339
99$285,220,878$0$0$213,668,801
100$314,048,715$0$0$235,269,203