Can I retire at age 35 with 977,000?

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 $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%15%
1 years$80,680$79,961$79,260$78,576$77,907$76,303
2 years$39,940$39,197$38,476$37,777$37,099$35,490
3 years$26,362$25,615$24,896$24,204$23,537$21,974
4 years$19,575$18,830$18,118$17,438$16,787$15,281
5 years$15,503$14,763$14,060$13,394$12,761$11,317
6 years$12,790$12,055$11,363$10,711$10,097$8,717
7 years$10,852$10,124$9,443$8,806$8,212$6,895
8 years$9,400$8,678$8,008$7,387$6,813$5,559
9 years$8,271$7,556$6,897$6,292$5,737$4,546
10 years$7,368$6,660$6,013$5,424$4,888$3,758
11 years$6,630$5,929$5,294$4,721$4,204$3,134
12 years$6,015$5,322$4,698$4,141$3,643$2,631
13 years$5,496$4,809$4,198$3,655$3,177$2,221
14 years$5,051$4,371$3,772$3,245$2,785$1,884
15 years$4,665$3,993$3,405$2,894$2,452$1,604
16 years$4,328$3,664$3,087$2,591$2,167$1,369
17 years$4,032$3,374$2,809$2,328$1,922$1,173
18 years$3,768$3,118$2,565$2,098$1,709$1,006
19 years$3,532$2,890$2,348$1,896$1,523$865
20 years$3,321$2,685$2,155$1,717$1,360$745
21 years$3,129$2,501$1,982$1,558$1,217$642
22 years$2,955$2,335$1,827$1,417$1,091$554
23 years$2,797$2,184$1,687$1,290$979$479
24 years$2,652$2,046$1,560$1,177$880$414
25 years$2,519$1,920$1,445$1,075$792$359
26 years$2,396$1,805$1,340$983$714$311
27 years$2,283$1,698$1,244$900$643$269
28 years$2,178$1,600$1,157$824$580$233
29 years$2,080$1,510$1,076$756$524$202
30 years$1,989$1,426$1,003$694$474$176
31 years$1,904$1,348$935$637$428$152
32 years$1,824$1,275$872$585$387$132
33 years$1,750$1,208$814$538$351$115
34 years$1,680$1,145$761$495$317$100
35 years$1,614$1,086$711$456$287$87
36 years$1,552$1,030$665$420$260$75
37 years$1,493$979$623$387$236$65
38 years$1,438$930$583$357$214$57
39 years$1,385$884$546$329$194$49
40 years$1,336$841$512$303$176$43
41 years$1,289$801$480$280$160$37
42 years$1,244$763$450$258$145$32
43 years$1,201$727$423$238$132$28
44 years$1,161$693$397$220$119$24
45 years$1,122$661$373$203$108$21
46 years$1,085$630$350$188$98$19
47 years$1,050$601$329$173$89$16
48 years$1,017$574$309$160$81$14
49 years$985$548$290$148$74$12
50 years$954$524$273$137$67$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $977,000, adding $4,003 every year, while hoping to spend $54,238 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: 29/44/27 Blend
34$977,000$977,000$977,000$977,000
35$1,080,783$1,029,002$1,013,859$1,103,007
36$1,133,314$1,021,714$990,114$1,113,527
37$1,189,386$1,012,252$963,756$1,119,833
38$1,249,301$1,000,450$934,640$1,125,522
39$1,313,394$986,137$902,615$1,130,578
40$1,382,029$969,126$867,522$1,134,988
41$1,455,607$949,225$829,195$1,138,745
42$1,534,568$926,225$787,461$1,141,846
43$1,619,392$899,909$742,140$1,144,293
44$1,710,610$870,044$693,042$1,146,096
45$1,808,803$836,387$639,969$1,147,272
46$1,914,608$798,677$582,715$1,147,848
47$2,028,727$756,641$521,065$1,147,861
48$2,151,929$709,988$454,792$1,147,362
49$2,285,059$658,411$383,661$1,146,412
50$2,429,049$601,587$307,428$1,145,092
51$2,584,919$539,172$225,834$1,143,497
52$2,753,794$470,805$138,612$1,141,746
53$2,936,908$396,101$45,483$1,139,978
54$3,135,620$314,657$0$1,138,359
55$3,351,423$226,045$0$1,152,613
56$3,585,962$129,815$0$1,182,434
57$3,841,043$25,489$0$1,215,060
58$4,118,656$0$0$1,250,895
59$4,420,989$0$0$1,332,727
60$4,750,450$0$0$1,435,492
61$5,109,689$0$0$1,547,694
62$5,501,624$0$0$1,670,262
63$5,929,465$0$0$1,804,222
64$6,396,746$0$0$1,950,698
65$6,907,357$0$0$2,110,931
66$7,465,582$0$0$2,286,288
67$8,076,137$0$0$2,478,273
68$8,744,215$0$0$2,688,542
69$9,475,531$0$0$2,918,920
70$10,276,384$0$0$3,171,414
71$11,153,705$0$0$3,448,238
72$12,115,131$0$0$3,751,828
73$13,169,070$0$0$4,084,868
74$14,324,785$0$0$4,450,315
75$15,592,474$0$0$4,851,424
76$16,983,375$0$0$5,291,782
77$18,509,863$0$0$5,775,340
78$20,185,569$0$0$6,306,451
79$22,025,509$0$0$6,889,909
80$24,046,226$0$0$7,530,996
81$26,265,940$0$0$8,235,531
82$28,704,726$0$0$9,009,924
83$31,384,696$0$0$9,861,238
84$34,330,215$0$0$10,797,253
85$37,568,122$0$0$11,826,542
86$41,127,985$0$0$12,958,550
87$45,042,385$0$0$14,203,682
88$49,347,212$0$0$15,573,403
89$54,082,013$0$0$17,080,346
90$59,290,357$0$0$18,738,429
91$65,020,250$0$0$20,562,986
92$71,324,583$0$0$22,570,915
93$78,261,635$0$0$24,780,833
94$85,895,617$0$0$27,213,256
95$94,297,281$0$0$29,890,786
96$103,544,585$0$0$32,838,330
97$113,723,426$0$0$36,083,332
98$124,928,455$0$0$39,656,032
99$137,263,961$0$0$43,589,752
100$150,844,862$0$0$47,921,209