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%11.6%
1 years$80,597$79,879$79,179$78,495$77,828$77,305
2 years$39,900$39,156$38,436$37,738$37,061$36,533
3 years$26,336$25,589$24,871$24,179$23,513$22,997
4 years$19,555$18,811$18,100$17,420$16,770$16,270
5 years$15,487$14,748$14,046$13,380$12,748$12,266
6 years$12,777$12,043$11,351$10,700$10,087$9,623
7 years$10,841$10,113$9,433$8,797$8,203$7,757
8 years$9,390$8,669$8,000$7,380$6,806$6,377
9 years$8,262$7,548$6,890$6,286$5,731$5,321
10 years$7,361$6,653$6,007$5,418$4,883$4,491
11 years$6,623$5,923$5,289$4,716$4,200$3,825
12 years$6,009$5,316$4,693$4,136$3,639$3,282
13 years$5,490$4,804$4,193$3,652$3,174$2,833
14 years$5,046$4,367$3,768$3,242$2,782$2,458
15 years$4,661$3,989$3,402$2,891$2,450$2,141
16 years$4,324$3,660$3,084$2,589$2,165$1,872
17 years$4,027$3,371$2,806$2,326$1,920$1,642
18 years$3,764$3,115$2,562$2,096$1,707$1,444
19 years$3,529$2,887$2,345$1,894$1,521$1,273
20 years$3,317$2,682$2,152$1,715$1,359$1,124
21 years$3,126$2,499$1,980$1,557$1,216$994
22 years$2,952$2,332$1,825$1,415$1,090$880
23 years$2,794$2,181$1,685$1,289$978$781
24 years$2,649$2,044$1,558$1,176$879$694
25 years$2,516$1,918$1,443$1,074$791$617
26 years$2,394$1,803$1,338$982$713$549
27 years$2,280$1,697$1,243$899$643$488
28 years$2,175$1,599$1,155$823$580$435
29 years$2,078$1,508$1,075$755$524$388
30 years$1,987$1,424$1,002$693$473$346
31 years$1,902$1,346$934$636$428$309
32 years$1,822$1,274$871$585$387$276
33 years$1,748$1,206$813$538$350$246
34 years$1,678$1,143$760$495$317$220
35 years$1,612$1,085$711$456$287$197
36 years$1,550$1,029$665$420$260$176
37 years$1,492$978$622$387$236$157
38 years$1,436$929$583$356$214$141
39 years$1,384$884$546$329$194$126
40 years$1,334$841$512$303$176$113
41 years$1,287$800$480$280$160$101
42 years$1,243$762$450$258$145$90
43 years$1,200$726$422$238$131$81
44 years$1,160$692$396$220$119$72
45 years$1,121$660$372$203$108$65
46 years$1,084$630$350$188$98$58
47 years$1,049$601$328$173$89$52
48 years$1,016$574$309$160$81$46
49 years$984$548$290$148$74$42
50 years$953$523$273$137$67$37

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $976,000, adding $3,103 every year, while hoping to spend $50,938 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: 64/16/20 Blend
34$976,000$976,000$976,000$976,000
35$1,078,753$1,027,025$1,011,897$1,142,102
36$1,134,588$1,023,151$991,598$1,181,217
37$1,194,411$1,017,381$968,911$1,217,888
38$1,258,575$1,009,567$943,704$1,256,760
39$1,327,467$999,553$915,836$1,298,052
40$1,401,513$987,175$885,160$1,342,007
41$1,481,179$972,258$851,524$1,388,891
42$1,566,976$954,616$814,768$1,439,003
43$1,659,469$934,054$774,724$1,492,673
44$1,759,275$910,362$731,217$1,550,264
45$1,867,073$883,322$684,065$1,612,182
46$1,983,610$852,700$633,077$1,678,874
47$2,109,706$818,250$578,052$1,750,836
48$2,246,261$779,710$518,782$1,828,619
49$2,394,269$736,805$455,051$1,912,829
50$2,554,818$689,242$386,629$2,004,139
51$2,729,108$636,713$313,279$2,103,295
52$2,918,457$578,892$234,754$2,211,120
53$3,124,315$515,434$150,794$2,328,526
54$3,348,279$445,973$61,129$2,456,522
55$3,592,103$370,125$0$2,596,223
56$3,857,720$287,484$0$2,756,237
57$4,147,255$197,618$0$2,944,955
58$4,463,048$100,075$0$3,150,890
59$4,807,674$0$0$3,375,779
60$5,183,969$0$0$3,622,525
61$5,595,051$0$0$3,911,394
62$6,044,357$0$0$4,227,188
63$6,535,668$0$0$4,572,573
64$7,073,149$0$0$4,950,486
65$7,661,385$0$0$5,364,157
66$8,305,424$0$0$5,817,148
67$9,010,826$0$0$6,313,378
68$9,783,714$0$0$6,857,165
69$10,630,831$0$0$7,453,262
70$11,559,602$0$0$8,106,906
71$12,578,208$0$0$8,823,864
72$13,695,657$0$0$9,610,488
73$14,921,871$0$0$10,473,776
74$16,267,781$0$0$11,421,434
75$17,745,426$0$0$12,461,953
76$19,368,068$0$0$13,604,683
77$21,150,317$0$0$14,859,928
78$23,108,266$0$0$16,239,036
79$25,259,646$0$0$17,754,510
80$27,623,987$0$0$19,420,123
81$30,222,810$0$0$21,251,051
82$33,079,819$0$0$23,264,011
83$36,221,133$0$0$25,477,422
84$39,675,527$0$0$27,911,575
85$43,474,704$0$0$30,588,829
86$47,653,594$0$0$33,533,817
87$52,250,681$0$0$36,773,678
88$57,308,369$0$0$40,338,317
89$62,873,376$0$0$44,260,681
90$68,997,180$0$0$48,577,074
91$75,736,500$0$0$53,327,496
92$83,153,831$0$0$58,556,021
93$91,318,034$0$0$64,311,213
94$100,304,985$0$0$70,646,582
95$110,198,289$0$0$77,621,092
96$121,090,070$0$0$85,299,711
97$133,081,836$0$0$93,754,029
98$146,285,440$0$0$103,062,930
99$160,824,134$0$0$113,313,338
100$176,833,728$0$0$124,601,034