Can I retire at age 35 with 978,000?

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 $978,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.5%
1 years$80,762$80,043$79,341$78,656$77,987$75,612
2 years$39,981$39,237$38,515$37,815$37,137$34,764
3 years$26,389$25,642$24,922$24,229$23,561$21,265
4 years$19,595$18,849$18,137$17,455$16,804$14,603
5 years$15,519$14,778$14,075$13,407$12,774$10,674
6 years$12,803$12,067$11,375$10,722$10,108$8,110
7 years$10,863$10,134$9,452$8,815$8,220$6,325
8 years$9,410$8,687$8,016$7,395$6,820$5,025
9 years$8,279$7,563$6,904$6,299$5,743$4,048
10 years$7,376$6,667$6,019$5,430$4,893$3,295
11 years$6,637$5,935$5,299$4,725$4,208$2,704
12 years$6,022$5,327$4,703$4,145$3,647$2,233
13 years$5,501$4,814$4,202$3,659$3,180$1,854
14 years$5,056$4,376$3,775$3,248$2,788$1,546
15 years$4,670$3,997$3,409$2,897$2,455$1,293
16 years$4,333$3,668$3,091$2,594$2,169$1,085
17 years$4,036$3,378$2,812$2,331$1,923$912
18 years$3,772$3,121$2,567$2,100$1,710$768
19 years$3,536$2,893$2,350$1,898$1,524$648
20 years$3,324$2,688$2,157$1,719$1,362$548
21 years$3,132$2,504$1,984$1,560$1,219$463
22 years$2,958$2,337$1,828$1,418$1,092$392
23 years$2,800$2,186$1,688$1,292$980$332
24 years$2,655$2,048$1,561$1,178$881$282
25 years$2,521$1,922$1,446$1,076$793$239
26 years$2,399$1,806$1,341$984$714$203
27 years$2,285$1,700$1,245$900$644$172
28 years$2,180$1,602$1,158$825$581$146
29 years$2,082$1,511$1,077$757$525$124
30 years$1,991$1,427$1,004$694$474$106
31 years$1,906$1,349$936$638$429$90
32 years$1,826$1,277$873$586$388$76
33 years$1,751$1,209$815$539$351$65
34 years$1,681$1,146$762$496$318$55
35 years$1,615$1,087$712$456$288$47
36 years$1,553$1,032$666$420$261$40
37 years$1,495$980$623$387$236$34
38 years$1,439$931$584$357$214$29
39 years$1,387$885$547$329$194$25
40 years$1,337$842$513$304$176$21
41 years$1,290$802$481$280$160$18
42 years$1,245$764$451$259$145$15
43 years$1,203$728$423$239$132$13
44 years$1,162$694$397$220$119$11
45 years$1,123$661$373$204$108$9
46 years$1,087$631$350$188$98$8
47 years$1,051$602$329$174$89$7
48 years$1,018$575$309$160$81$6
49 years$986$549$291$148$74$5
50 years$955$524$273$137$67$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $978,000, adding $2,253 every year, while hoping to spend $43,462 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: 68/20/12 Blend
34$978,000$978,000$978,000$978,000
35$1,080,080$1,028,246$1,013,087$1,150,544
36$1,144,005$1,032,387$1,000,782$1,201,830
37$1,212,994$1,035,274$986,608$1,252,496
38$1,287,516$1,036,800$970,457$1,306,783
39$1,368,091$1,036,851$952,215$1,365,039
40$1,455,285$1,035,305$931,764$1,427,651
41$1,549,724$1,032,035$908,978$1,495,045
42$1,652,095$1,026,904$883,727$1,567,691
43$1,763,153$1,019,767$855,877$1,646,108
44$1,883,729$1,010,470$825,283$1,730,869
45$2,014,737$998,850$791,797$1,822,606
46$2,157,182$984,736$755,265$1,922,017
47$2,312,170$967,944$715,522$2,029,872
48$2,480,918$948,280$672,398$2,147,022
49$2,664,765$925,538$625,717$2,274,404
50$2,865,184$899,503$575,292$2,413,056
51$3,083,798$869,943$520,929$2,564,119
52$3,322,390$836,616$462,425$2,728,856
53$3,582,927$799,262$399,569$2,908,659
54$3,867,570$757,611$332,139$3,105,063
55$4,178,701$711,373$259,904$3,319,764
56$4,518,941$660,243$182,624$3,554,634
57$4,891,178$603,899$100,046$3,811,736
58$5,298,588$542,001$11,908$4,093,349
59$5,744,673$474,187$0$4,401,985
60$6,233,285$400,078$0$4,750,936
61$6,768,670$319,272$0$5,135,053
62$7,355,501$231,343$0$5,556,224
63$7,998,926$135,843$0$6,018,212
64$8,704,615$32,298$0$6,525,166
65$9,478,813$0$0$7,081,661
66$10,328,399$0$0$7,710,301
67$11,260,949$0$0$8,408,191
68$12,284,809$0$0$9,174,475
69$13,409,173$0$0$10,016,044
70$14,644,169$0$0$10,940,484
71$16,000,952$0$0$11,956,156
72$17,491,815$0$0$13,072,268
73$19,130,297$0$0$14,298,965
74$20,931,315$0$0$15,647,426
75$22,911,303$0$0$17,129,964
76$25,088,368$0$0$18,760,145
77$27,482,456$0$0$20,552,916
78$30,115,546$0$0$22,524,747
79$33,011,853$0$0$24,693,780
80$36,198,055$0$0$27,080,007
81$39,703,549$0$0$29,705,455
82$43,560,721$0$0$32,594,391
83$47,805,258$0$0$35,773,557
84$52,476,481$0$0$39,272,416
85$57,617,713$0$0$43,123,432
86$63,276,693$0$0$47,362,377
87$69,506,022$0$0$52,028,665
88$76,363,657$0$0$57,165,727
89$83,913,464$0$0$62,821,419
90$92,225,814$0$0$69,048,472
91$101,378,248$0$0$75,904,991
92$111,456,211$0$0$83,455,004
93$122,553,854$0$0$91,769,060
94$134,774,923$0$0$100,924,901
95$148,233,739$0$0$111,008,194
96$163,056,275$0$0$122,113,334
97$179,381,345$0$0$134,344,341
98$197,361,913$0$0$147,815,838
99$217,166,533$0$0$162,654,131
100$238,980,947$0$0$178,998,404