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%19.5%
1 years$80,597$79,879$79,179$78,495$77,828$74,858
2 years$39,900$39,156$38,436$37,738$37,061$34,104
3 years$26,336$25,589$24,871$24,179$23,513$20,662
4 years$19,555$18,811$18,100$17,420$16,770$14,046
5 years$15,487$14,748$14,046$13,380$12,748$10,159
6 years$12,777$12,043$11,351$10,700$10,087$7,634
7 years$10,841$10,113$9,433$8,797$8,203$5,886
8 years$9,390$8,669$8,000$7,380$6,806$4,622
9 years$8,262$7,548$6,890$6,286$5,731$3,677
10 years$7,361$6,653$6,007$5,418$4,883$2,956
11 years$6,623$5,923$5,289$4,716$4,200$2,394
12 years$6,009$5,316$4,693$4,136$3,639$1,951
13 years$5,490$4,804$4,193$3,652$3,174$1,598
14 years$5,046$4,367$3,768$3,242$2,782$1,314
15 years$4,661$3,989$3,402$2,891$2,450$1,084
16 years$4,324$3,660$3,084$2,589$2,165$896
17 years$4,027$3,371$2,806$2,326$1,920$742
18 years$3,764$3,115$2,562$2,096$1,707$616
19 years$3,529$2,887$2,345$1,894$1,521$512
20 years$3,317$2,682$2,152$1,715$1,359$426
21 years$3,126$2,499$1,980$1,557$1,216$355
22 years$2,952$2,332$1,825$1,415$1,090$296
23 years$2,794$2,181$1,685$1,289$978$247
24 years$2,649$2,044$1,558$1,176$879$206
25 years$2,516$1,918$1,443$1,074$791$172
26 years$2,394$1,803$1,338$982$713$144
27 years$2,280$1,697$1,243$899$643$120
28 years$2,175$1,599$1,155$823$580$100
29 years$2,078$1,508$1,075$755$524$84
30 years$1,987$1,424$1,002$693$473$70
31 years$1,902$1,346$934$636$428$59
32 years$1,822$1,274$871$585$387$49
33 years$1,748$1,206$813$538$350$41
34 years$1,678$1,143$760$495$317$34
35 years$1,612$1,085$711$456$287$29
36 years$1,550$1,029$665$420$260$24
37 years$1,492$978$622$387$236$20
38 years$1,436$929$583$356$214$17
39 years$1,384$884$546$329$194$14
40 years$1,334$841$512$303$176$12
41 years$1,287$800$480$280$160$10
42 years$1,243$762$450$258$145$8
43 years$1,200$726$422$238$131$7
44 years$1,160$692$396$220$119$6
45 years$1,121$660$372$203$108$5
46 years$1,084$630$350$188$98$4
47 years$1,049$601$328$173$89$3
48 years$1,016$574$309$160$81$3
49 years$984$548$290$148$74$2
50 years$953$523$273$137$67$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $976,000, adding $2,461 every year, while hoping to spend $51,888 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: 52/29/19 Blend
34$976,000$976,000$976,000$976,000
35$1,078,091$1,026,363$1,011,235$1,128,403
36$1,132,847$1,021,446$989,902$1,158,347
37$1,191,450$1,014,549$966,117$1,185,288
38$1,254,237$1,005,521$939,740$1,213,474
39$1,321,577$994,200$910,630$1,243,038
40$1,393,878$980,415$878,636$1,274,134
41$1,471,584$963,986$843,601$1,306,931
42$1,555,186$944,722$805,362$1,341,618
43$1,645,220$922,419$763,747$1,378,409
44$1,742,278$896,862$718,577$1,417,541
45$1,847,006$867,824$669,665$1,459,280
46$1,960,117$835,064$616,816$1,503,923
47$2,082,395$798,328$559,824$1,551,801
48$2,214,698$757,345$498,478$1,603,283
49$2,357,973$711,831$432,553$1,658,780
50$2,513,260$661,484$361,817$1,718,751
51$2,681,702$605,986$286,027$1,783,706
52$2,864,555$544,999$204,928$1,854,215
53$3,063,203$478,167$118,257$1,930,908
54$3,279,166$405,114$25,735$2,014,489
55$3,514,119$325,442$0$2,105,740
56$3,769,902$238,731$0$2,220,328
57$4,048,540$144,538$0$2,350,947
58$4,352,265$42,394$0$2,493,511
59$4,683,529$0$0$2,649,274
60$5,045,032$0$0$2,841,386
61$5,439,749$0$0$3,066,011
62$5,870,950$0$0$3,311,494
63$6,342,238$0$0$3,579,898
64$6,857,581$0$0$3,873,495
65$7,421,343$0$0$4,194,784
66$8,038,335$0$0$4,546,519
67$8,713,851$0$0$4,931,734
68$9,453,720$0$0$5,353,767
69$10,264,365$0$0$5,816,295
70$11,152,855$0$0$6,323,370
71$12,126,980$0$0$6,879,451
72$13,195,316$0$0$7,489,452
73$14,367,312$0$0$8,158,784
74$15,653,372$0$0$8,893,409
75$17,064,959$0$0$9,699,892
76$18,614,698$0$0$10,585,466
77$20,316,498$0$0$11,558,098
78$22,185,680$0$0$12,626,566
79$24,239,120$0$0$13,800,537
80$26,495,412$0$0$15,090,665
81$28,975,038$0$0$16,508,684
82$31,700,565$0$0$18,067,522
83$34,696,853$0$0$19,781,422
84$37,991,291$0$0$21,666,078
85$41,614,056$0$0$23,738,777
86$45,598,394$0$0$26,018,568
87$49,980,935$0$0$28,526,438
88$54,802,038$0$0$31,285,512
89$60,106,169$0$0$34,321,267
90$65,942,323$0$0$37,661,774
91$72,364,482$0$0$41,337,965
92$79,432,127$0$0$45,383,920
93$87,210,795$0$0$49,837,191
94$95,772,700$0$0$54,739,156
95$105,197,411$0$0$60,135,406
96$115,572,604$0$0$66,076,178
97$126,994,885$0$0$72,616,828
98$139,570,706$0$0$79,818,353
99$153,417,364$0$0$87,747,963
100$168,664,111$0$0$96,479,719