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%11.4%
1 years$80,762$80,043$79,341$78,656$77,987$77,528
2 years$39,981$39,237$38,515$37,815$37,137$36,674
3 years$26,389$25,642$24,922$24,229$23,561$23,108
4 years$19,595$18,849$18,137$17,455$16,804$16,365
5 years$15,519$14,778$14,075$13,407$12,774$12,350
6 years$12,803$12,067$11,375$10,722$10,108$9,699
7 years$10,863$10,134$9,452$8,815$8,220$7,828
8 years$9,410$8,687$8,016$7,395$6,820$6,443
9 years$8,279$7,563$6,904$6,299$5,743$5,382
10 years$7,376$6,667$6,019$5,430$4,893$4,548
11 years$6,637$5,935$5,299$4,725$4,208$3,878
12 years$6,022$5,327$4,703$4,145$3,647$3,332
13 years$5,501$4,814$4,202$3,659$3,180$2,880
14 years$5,056$4,376$3,775$3,248$2,788$2,502
15 years$4,670$3,997$3,409$2,897$2,455$2,182
16 years$4,333$3,668$3,091$2,594$2,169$1,911
17 years$4,036$3,378$2,812$2,331$1,923$1,678
18 years$3,772$3,121$2,567$2,100$1,710$1,478
19 years$3,536$2,893$2,350$1,898$1,524$1,304
20 years$3,324$2,688$2,157$1,719$1,362$1,153
21 years$3,132$2,504$1,984$1,560$1,219$1,022
22 years$2,958$2,337$1,828$1,418$1,092$906
23 years$2,800$2,186$1,688$1,292$980$805
24 years$2,655$2,048$1,561$1,178$881$716
25 years$2,521$1,922$1,446$1,076$793$638
26 years$2,399$1,806$1,341$984$714$568
27 years$2,285$1,700$1,245$900$644$507
28 years$2,180$1,602$1,158$825$581$452
29 years$2,082$1,511$1,077$757$525$404
30 years$1,991$1,427$1,004$694$474$361
31 years$1,906$1,349$936$638$429$322
32 years$1,826$1,277$873$586$388$288
33 years$1,751$1,209$815$539$351$258
34 years$1,681$1,146$762$496$318$231
35 years$1,615$1,087$712$456$288$207
36 years$1,553$1,032$666$420$261$185
37 years$1,495$980$623$387$236$166
38 years$1,439$931$584$357$214$149
39 years$1,387$885$547$329$194$133
40 years$1,337$842$513$304$176$119
41 years$1,290$802$481$280$160$107
42 years$1,245$764$451$259$145$96
43 years$1,203$728$423$239$132$86
44 years$1,162$694$397$220$119$77
45 years$1,123$661$373$204$108$69
46 years$1,087$631$350$188$98$62
47 years$1,051$602$329$174$89$56
48 years$1,018$575$309$160$81$50
49 years$986$549$291$148$74$45
50 years$955$524$273$137$67$40

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $978,000, adding $2,502 every year, while hoping to spend $39,185 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: 60/35/5 Blend
34$978,000$978,000$978,000$978,000
35$1,080,337$1,028,503$1,013,344$1,144,092
36$1,148,839$1,037,207$1,005,598$1,195,723
37$1,223,014$1,045,024$996,280$1,247,262
38$1,303,401$1,051,870$985,295$1,302,468
39$1,390,590$1,057,654$972,544$1,361,694
40$1,485,231$1,062,279$957,925$1,425,329
41$1,588,039$1,065,645$941,330$1,493,802
42$1,699,799$1,067,642$922,645$1,567,588
43$1,821,377$1,068,155$901,752$1,647,211
44$1,953,724$1,067,061$878,527$1,733,248
45$2,097,888$1,064,231$852,841$1,826,337
46$2,255,019$1,059,525$824,559$1,927,182
47$2,426,388$1,052,799$793,538$2,036,562
48$2,613,389$1,043,895$759,631$2,155,333
49$2,817,558$1,032,649$722,682$2,284,445
50$3,040,587$1,018,888$682,530$2,424,941
51$3,284,338$1,002,424$639,006$2,577,978
52$3,550,860$983,062$591,932$2,744,828
53$3,842,411$960,595$541,124$2,926,900
54$4,161,474$934,802$486,390$3,125,744
55$4,510,786$905,449$427,526$3,343,074
56$4,893,361$872,291$364,323$3,580,782
57$5,312,517$835,066$296,560$3,840,955
58$5,771,908$793,498$224,009$4,125,895
59$6,275,558$747,295$146,429$4,438,143
60$6,827,900$696,147$63,569$4,780,506
61$7,433,816$639,729$0$5,156,077
62$8,098,684$577,695$0$5,569,598
63$8,828,428$509,680$0$6,027,216
64$9,629,571$435,297$0$6,529,708
65$10,509,301$354,141$0$7,081,678
66$11,475,535$265,779$0$7,688,201
67$12,536,995$169,757$0$8,354,879
68$13,703,288$65,596$0$9,087,887
69$14,985,001$0$0$9,894,038
70$16,393,794$0$0$10,799,030
71$17,942,513$0$0$11,821,766
72$19,645,314$0$0$12,946,340
73$21,517,789$0$0$14,183,062
74$23,577,119$0$0$15,543,289
75$25,842,233$0$0$17,039,537
76$28,333,987$0$0$18,685,593
77$31,075,358$0$0$20,496,649
78$34,091,666$0$0$22,489,445
79$37,410,805$0$0$24,682,423
80$41,063,513$0$0$27,095,905
81$45,083,657$0$0$29,752,282
82$49,508,552$0$0$32,676,227
83$54,379,318$0$0$35,894,924
84$59,741,260$0$0$39,438,328
85$65,644,300$0$0$43,339,447
86$72,143,447$0$0$47,634,649
87$79,299,316$0$0$52,364,011
88$87,178,696$0$0$57,571,693
89$95,855,184$0$0$63,306,355
90$105,409,879$0$0$69,621,617
91$115,932,142$0$0$76,576,563
92$127,520,446$0$0$84,236,300
93$140,283,298$0$0$92,672,571
94$154,340,268$0$0$101,964,433
95$169,823,113$0$0$112,199,001
96$186,877,023$0$0$123,472,273
97$205,661,988$0$0$135,890,031
98$226,354,310$0$0$149,568,844
99$249,148,265$0$0$164,637,163
100$274,257,937$0$0$181,236,538