Can I retire at age 35 with 977,000?

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 $977,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14%
1 years$80,680$79,961$79,260$78,576$77,907$76,617
2 years$39,940$39,197$38,476$37,777$37,099$35,802
3 years$26,362$25,615$24,896$24,204$23,537$22,275
4 years$19,575$18,830$18,118$17,438$16,787$15,569
5 years$15,503$14,763$14,060$13,394$12,761$11,591
6 years$12,790$12,055$11,363$10,711$10,097$8,976
7 years$10,852$10,124$9,443$8,806$8,212$7,140
8 years$9,400$8,678$8,008$7,387$6,813$5,790
9 years$8,271$7,556$6,897$6,292$5,737$4,763
10 years$7,368$6,660$6,013$5,424$4,888$3,962
11 years$6,630$5,929$5,294$4,721$4,204$3,325
12 years$6,015$5,322$4,698$4,141$3,643$2,809
13 years$5,496$4,809$4,198$3,655$3,177$2,388
14 years$5,051$4,371$3,772$3,245$2,785$2,039
15 years$4,665$3,993$3,405$2,894$2,452$1,748
16 years$4,328$3,664$3,087$2,591$2,167$1,503
17 years$4,032$3,374$2,809$2,328$1,922$1,296
18 years$3,768$3,118$2,565$2,098$1,709$1,120
19 years$3,532$2,890$2,348$1,896$1,523$970
20 years$3,321$2,685$2,155$1,717$1,360$842
21 years$3,129$2,501$1,982$1,558$1,217$731
22 years$2,955$2,335$1,827$1,417$1,091$636
23 years$2,797$2,184$1,687$1,290$979$554
24 years$2,652$2,046$1,560$1,177$880$483
25 years$2,519$1,920$1,445$1,075$792$421
26 years$2,396$1,805$1,340$983$714$368
27 years$2,283$1,698$1,244$900$643$321
28 years$2,178$1,600$1,157$824$580$281
29 years$2,080$1,510$1,076$756$524$245
30 years$1,989$1,426$1,003$694$474$215
31 years$1,904$1,348$935$637$428$188
32 years$1,824$1,275$872$585$387$164
33 years$1,750$1,208$814$538$351$144
34 years$1,680$1,145$761$495$317$126
35 years$1,614$1,086$711$456$287$110
36 years$1,552$1,030$665$420$260$97
37 years$1,493$979$623$387$236$85
38 years$1,438$930$583$357$214$74
39 years$1,385$884$546$329$194$65
40 years$1,336$841$512$303$176$57
41 years$1,289$801$480$280$160$50
42 years$1,244$763$450$258$145$44
43 years$1,201$727$423$238$132$38
44 years$1,161$693$397$220$119$34
45 years$1,122$661$373$203$108$30
46 years$1,085$630$350$188$98$26
47 years$1,050$601$329$173$89$23
48 years$1,017$574$309$160$81$20
49 years$985$548$290$148$74$17
50 years$954$524$273$137$67$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $977,000, adding $6,732 every year, while hoping to spend $55,850 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: 45/26/29 Blend
34$977,000$977,000$977,000$977,000
35$1,083,598$1,031,817$1,016,674$1,123,012
36$1,134,701$1,022,952$991,308$1,142,870
37$1,189,145$1,011,781$963,221$1,158,532
38$1,247,211$998,132$932,262$1,174,457
39$1,309,208$981,822$898,275$1,190,703
40$1,375,475$962,658$861,094$1,207,335
41$1,446,381$940,437$820,549$1,224,430
42$1,522,335$914,941$776,460$1,242,076
43$1,603,781$885,941$728,639$1,260,377
44$1,691,208$853,194$676,891$1,279,450
45$1,785,154$816,443$621,010$1,299,430
46$1,886,209$775,417$560,782$1,320,472
47$1,995,018$729,829$495,984$1,342,750
48$2,112,293$679,373$426,383$1,366,465
49$2,238,814$623,730$351,734$1,391,843
50$2,375,439$562,559$271,783$1,419,140
51$2,523,110$495,500$186,264$1,448,647
52$2,682,863$422,175$94,899$1,480,690
53$2,855,836$342,183$0$1,515,639
54$3,043,281$255,100$0$1,554,712
55$3,246,574$160,478$0$1,628,961
56$3,467,228$57,846$0$1,709,611
57$3,706,909$0$0$1,797,351
58$3,967,447$0$0$1,908,192
59$4,250,857$0$0$2,046,868
60$4,559,354$0$0$2,197,926
61$4,895,377$0$0$2,362,573
62$5,261,611$0$0$2,542,140
63$5,661,008$0$0$2,738,087
64$6,096,818$0$0$2,952,026
65$6,572,621$0$0$3,185,728
66$7,092,354$0$0$3,441,144
67$7,660,354$0$0$3,720,422
68$8,281,394$0$0$4,025,928
69$8,960,730$0$0$4,360,265
70$9,704,150$0$0$4,726,301
71$10,518,025$0$0$5,127,193
72$11,409,373$0$0$5,566,419
73$12,385,922$0$0$6,047,807
74$13,456,181$0$0$6,575,576
75$14,629,524$0$0$7,154,371
76$15,916,274$0$0$7,789,307
77$17,327,800$0$0$8,486,020
78$18,876,626$0$0$9,250,718
79$20,576,546$0$0$10,090,237
80$22,442,755$0$0$11,012,109
81$24,491,990$0$0$12,024,631
82$26,742,689$0$0$13,136,943
83$29,215,164$0$0$14,359,114
84$31,931,790$0$0$15,702,235
85$34,917,218$0$0$17,178,527
86$38,198,603$0$0$18,801,453
87$41,805,864$0$0$20,585,845
88$45,771,962$0$0$22,548,044
89$50,133,213$0$0$24,706,054
90$54,929,624$0$0$27,079,712
91$60,205,279$0$0$29,690,873
92$66,008,745$0$0$32,563,617
93$72,393,534$0$0$35,724,475
94$79,418,606$0$0$39,202,680
95$87,148,925$0$0$43,030,444
96$95,656,069$0$0$47,243,255
97$105,018,908$0$0$51,880,220
98$115,324,343$0$0$56,984,428
99$126,668,127$0$0$62,603,356
100$139,155,770$0$0$68,789,320