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%16%
1 years$80,680$79,961$79,260$78,576$77,907$75,993
2 years$39,940$39,197$38,476$37,777$37,099$35,182
3 years$26,362$25,615$24,896$24,204$23,537$21,678
4 years$19,575$18,830$18,118$17,438$16,787$14,999
5 years$15,503$14,763$14,060$13,394$12,761$11,050
6 years$12,790$12,055$11,363$10,711$10,097$8,465
7 years$10,852$10,124$9,443$8,806$8,212$6,658
8 years$9,400$8,678$8,008$7,387$6,813$5,337
9 years$8,271$7,556$6,897$6,292$5,737$4,338
10 years$7,368$6,660$6,013$5,424$4,888$3,564
11 years$6,630$5,929$5,294$4,721$4,204$2,953
12 years$6,015$5,322$4,698$4,141$3,643$2,463
13 years$5,496$4,809$4,198$3,655$3,177$2,066
14 years$5,051$4,371$3,772$3,245$2,785$1,740
15 years$4,665$3,993$3,405$2,894$2,452$1,471
16 years$4,328$3,664$3,087$2,591$2,167$1,247
17 years$4,032$3,374$2,809$2,328$1,922$1,060
18 years$3,768$3,118$2,565$2,098$1,709$903
19 years$3,532$2,890$2,348$1,896$1,523$771
20 years$3,321$2,685$2,155$1,717$1,360$659
21 years$3,129$2,501$1,982$1,558$1,217$564
22 years$2,955$2,335$1,827$1,417$1,091$483
23 years$2,797$2,184$1,687$1,290$979$414
24 years$2,652$2,046$1,560$1,177$880$355
25 years$2,519$1,920$1,445$1,075$792$305
26 years$2,396$1,805$1,340$983$714$262
27 years$2,283$1,698$1,244$900$643$225
28 years$2,178$1,600$1,157$824$580$194
29 years$2,080$1,510$1,076$756$524$167
30 years$1,989$1,426$1,003$694$474$143
31 years$1,904$1,348$935$637$428$123
32 years$1,824$1,275$872$585$387$106
33 years$1,750$1,208$814$538$351$91
34 years$1,680$1,145$761$495$317$79
35 years$1,614$1,086$711$456$287$68
36 years$1,552$1,030$665$420$260$58
37 years$1,493$979$623$387$236$50
38 years$1,438$930$583$357$214$43
39 years$1,385$884$546$329$194$37
40 years$1,336$841$512$303$176$32
41 years$1,289$801$480$280$160$28
42 years$1,244$763$450$258$145$24
43 years$1,201$727$423$238$132$21
44 years$1,161$693$397$220$119$18
45 years$1,122$661$373$203$108$15
46 years$1,085$630$350$188$98$13
47 years$1,050$601$329$173$89$11
48 years$1,017$574$309$160$81$10
49 years$985$548$290$148$74$8
50 years$954$524$273$137$67$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $977,000, adding $6,842 every year, while hoping to spend $33,322 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: 65/15/20 Blend
34$977,000$977,000$977,000$977,000
35$1,083,712$1,031,931$1,016,787$1,148,240
36$1,158,796$1,047,041$1,015,395$1,207,528
37$1,240,422$1,061,775$1,012,840$1,267,877
38$1,329,222$1,076,078$1,009,047$1,333,043
39$1,425,891$1,089,895$1,003,938$1,403,501
40$1,531,195$1,103,163$997,433$1,479,772
41$1,645,975$1,115,816$989,446$1,562,430
42$1,771,159$1,127,785$979,886$1,652,112
43$1,907,766$1,138,996$968,662$1,749,516
44$2,056,920$1,149,368$955,673$1,855,413
45$2,219,856$1,158,818$940,819$1,970,656
46$2,397,935$1,167,254$923,990$2,096,182
47$2,592,655$1,174,580$905,075$2,233,025
48$2,805,666$1,180,695$883,955$2,382,328
49$3,038,784$1,185,488$860,507$2,545,348
50$3,294,008$1,188,846$834,602$2,723,473
51$3,573,541$1,190,643$806,106$2,918,234
52$3,879,808$1,190,751$774,876$3,131,317
53$4,215,480$1,189,029$740,766$3,364,585
54$4,583,499$1,185,331$703,621$3,620,089
55$4,987,103$1,179,500$663,280$3,900,092
56$5,429,862$1,171,369$619,574$4,207,088
57$5,915,706$1,160,764$572,328$4,543,831
58$6,448,964$1,147,497$521,356$4,913,352
59$7,034,404$1,131,371$466,468$5,318,997
60$7,677,280$1,112,175$407,462$5,764,456
61$8,383,379$1,089,688$344,128$6,253,793
62$9,159,074$1,063,673$276,247$6,791,495
63$10,011,390$1,033,883$203,591$7,382,504
64$10,948,061$1,000,053$125,921$8,032,271
65$11,977,611$961,903$42,987$8,746,806
66$13,109,430$919,139$0$9,532,736
67$14,353,863$871,448$0$10,407,078
68$15,722,307$818,499$0$11,378,594
69$17,227,319$759,943$0$12,447,040
70$18,882,735$695,409$0$13,622,267
71$20,703,797$624,507$0$14,915,133
72$22,707,301$546,825$0$16,337,601
73$24,911,752$461,925$0$17,902,859
74$27,337,538$369,347$0$19,625,438
75$30,007,125$268,603$0$21,521,352
76$32,945,266$159,179$0$23,608,252
77$36,179,236$40,532$0$25,905,588
78$39,739,089$0$0$28,434,796
79$43,657,937$0$0$31,234,012
80$47,972,270$0$0$34,323,166
81$52,722,294$0$0$37,724,368
82$57,952,311$0$0$41,469,350
83$63,711,138$0$0$45,593,078
84$70,052,568$0$0$50,134,084
85$77,035,876$0$0$55,134,823
86$84,726,375$0$0$60,642,079
87$93,196,041$0$0$66,707,407
88$102,524,180$0$0$73,387,612
89$112,798,188$0$0$80,745,295
90$124,114,365$0$0$88,849,433
91$136,578,831$0$0$97,776,039
92$150,308,524$0$0$107,608,874
93$165,432,304$0$0$118,440,238
94$182,092,167$0$0$130,371,841
95$200,444,587$0$0$143,515,765
96$220,661,993$0$0$157,995,519
97$242,934,395$0$0$173,947,203
98$267,471,175$0$0$191,520,797
99$294,503,067$0$0$210,881,575
100$324,284,332$0$0$232,211,659