Can I retire at age 35 with 978,000?

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 $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%12.6%
1 years$80,762$80,043$79,341$78,656$77,987$77,141
2 years$39,981$39,237$38,515$37,815$37,137$36,284
3 years$26,389$25,642$24,922$24,229$23,561$22,729
4 years$19,595$18,849$18,137$17,455$16,804$15,999
5 years$15,519$14,778$14,075$13,407$12,774$11,999
6 years$12,803$12,067$11,375$10,722$10,108$9,363
7 years$10,863$10,134$9,452$8,815$8,220$7,506
8 years$9,410$8,687$8,016$7,395$6,820$6,136
9 years$8,279$7,563$6,904$6,299$5,743$5,090
10 years$7,376$6,667$6,019$5,430$4,893$4,270
11 years$6,637$5,935$5,299$4,725$4,208$3,614
12 years$6,022$5,327$4,703$4,145$3,647$3,082
13 years$5,501$4,814$4,202$3,659$3,180$2,643
14 years$5,056$4,376$3,775$3,248$2,788$2,278
15 years$4,670$3,997$3,409$2,897$2,455$1,971
16 years$4,333$3,668$3,091$2,594$2,169$1,712
17 years$4,036$3,378$2,812$2,331$1,923$1,491
18 years$3,772$3,121$2,567$2,100$1,710$1,302
19 years$3,536$2,893$2,350$1,898$1,524$1,139
20 years$3,324$2,688$2,157$1,719$1,362$999
21 years$3,132$2,504$1,984$1,560$1,219$877
22 years$2,958$2,337$1,828$1,418$1,092$771
23 years$2,800$2,186$1,688$1,292$980$679
24 years$2,655$2,048$1,561$1,178$881$598
25 years$2,521$1,922$1,446$1,076$793$527
26 years$2,399$1,806$1,341$984$714$466
27 years$2,285$1,700$1,245$900$644$411
28 years$2,180$1,602$1,158$825$581$364
29 years$2,082$1,511$1,077$757$525$321
30 years$1,991$1,427$1,004$694$474$284
31 years$1,906$1,349$936$638$429$252
32 years$1,826$1,277$873$586$388$223
33 years$1,751$1,209$815$539$351$198
34 years$1,681$1,146$762$496$318$175
35 years$1,615$1,087$712$456$288$155
36 years$1,553$1,032$666$420$261$138
37 years$1,495$980$623$387$236$122
38 years$1,439$931$584$357$214$108
39 years$1,387$885$547$329$194$96
40 years$1,337$842$513$304$176$85
41 years$1,290$802$481$280$160$75
42 years$1,245$764$451$259$145$67
43 years$1,203$728$423$239$132$59
44 years$1,162$694$397$220$119$53
45 years$1,123$661$373$204$108$47
46 years$1,087$631$350$188$98$42
47 years$1,051$602$329$174$89$37
48 years$1,018$575$309$160$81$33
49 years$986$549$291$148$74$29
50 years$955$524$273$137$67$26

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $978,000, adding $5,651 every year, while hoping to spend $28,064 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: 65/21/14 Blend
34$978,000$978,000$978,000$978,000
35$1,083,585$1,031,751$1,016,592$1,150,073
36$1,164,251$1,052,447$1,020,788$1,215,921
37$1,252,204$1,073,216$1,024,184$1,284,065
38$1,348,158$1,094,033$1,026,723$1,357,829
39$1,452,899$1,114,869$1,028,347$1,437,761
40$1,567,291$1,135,694$1,028,993$1,524,465
41$1,692,286$1,156,475$1,028,596$1,618,606
42$1,828,932$1,177,175$1,027,087$1,720,916
43$1,978,383$1,197,757$1,024,394$1,832,205
44$2,141,910$1,218,178$1,020,443$1,953,361
45$2,320,910$1,238,395$1,015,154$2,085,365
46$2,516,926$1,258,359$1,008,444$2,229,299
47$2,731,652$1,278,019$1,000,227$2,386,354
48$2,966,958$1,297,318$990,411$2,557,842
49$3,224,900$1,316,199$978,902$2,745,211
50$3,507,744$1,334,598$965,600$2,950,055
51$3,817,987$1,352,446$950,401$3,174,132
52$4,158,376$1,369,670$933,194$3,419,380
53$4,531,940$1,386,194$913,866$3,687,933
54$4,942,015$1,401,934$892,297$3,982,145
55$5,392,273$1,416,801$868,361$4,304,610
56$5,886,762$1,430,702$841,928$4,658,188
57$6,429,939$1,443,534$812,861$5,046,030
58$7,026,717$1,455,191$781,016$5,471,609
59$7,682,505$1,465,559$746,243$5,938,753
60$8,403,265$1,474,515$708,386$6,451,685
61$9,195,561$1,481,930$667,280$7,015,053
62$10,066,630$1,487,665$622,755$7,633,987
63$11,024,440$1,491,576$574,632$8,314,137
64$12,077,775$1,493,504$522,724$9,061,731
65$13,236,308$1,493,286$466,835$9,883,636
66$14,510,699$1,490,745$406,762$10,787,419
67$15,912,694$1,485,695$342,292$11,781,420
68$17,455,232$1,477,937$273,202$12,874,834
69$19,152,571$1,467,261$199,259$14,077,794
70$21,020,421$1,453,445$120,222$15,401,468
71$23,076,092$1,436,251$35,838$16,858,168
72$25,338,656$1,415,431$0$18,461,461
73$27,829,129$1,390,717$0$20,234,401
74$30,570,668$1,361,829$0$22,191,614
75$33,588,786$1,328,470$0$24,345,949
76$36,911,600$1,290,322$0$26,717,478
77$40,570,089$1,247,054$0$29,328,315
78$44,598,389$1,198,311$0$32,202,837
79$49,034,116$1,143,719$0$35,367,902
80$53,918,717$1,082,883$0$38,853,114
81$59,297,866$1,015,384$0$42,691,096
82$65,221,891$940,780$0$46,917,799
83$71,746,249$858,603$0$51,572,846
84$78,932,050$768,359$0$56,699,899
85$86,846,636$669,525$0$62,347,081
86$95,564,210$561,549$0$68,567,420
87$105,166,542$443,847$0$75,419,361
88$115,743,738$315,804$0$82,967,309
89$127,395,088$176,768$0$91,282,245
90$140,230,010$26,052$0$100,442,389
91$154,369,073$0$0$110,533,948
92$169,945,143$0$0$121,683,597
93$187,104,629$0$0$133,973,422
94$206,008,874$0$0$147,512,969
95$226,835,668$0$0$162,429,589
96$249,780,932$0$0$178,863,618
97$275,060,566$0$0$196,969,705
98$302,912,485$0$0$216,918,265
99$333,598,866$0$0$238,897,094
100$367,408,620$0$0$263,113,138