Can I retire at age 35 with 979,000?

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 $979,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.4%
1 years$80,845$80,125$79,422$78,736$78,067$77,284
2 years$40,022$39,277$38,554$37,854$37,175$36,386
3 years$26,416$25,668$24,947$24,253$23,585$22,815
4 years$19,615$18,869$18,155$17,473$16,821$16,076
5 years$15,535$14,793$14,089$13,421$12,787$12,069
6 years$12,816$12,080$11,386$10,733$10,118$9,428
7 years$10,875$10,145$9,462$8,824$8,229$7,566
8 years$9,419$8,696$8,024$7,402$6,826$6,192
9 years$8,288$7,571$6,911$6,305$5,749$5,143
10 years$7,383$6,674$6,026$5,435$4,898$4,320
11 years$6,644$5,941$5,305$4,730$4,213$3,661
12 years$6,028$5,332$4,708$4,149$3,651$3,125
13 years$5,507$4,819$4,206$3,663$3,183$2,684
14 years$5,061$4,380$3,779$3,252$2,791$2,316
15 years$4,675$4,002$3,412$2,900$2,457$2,007
16 years$4,337$3,671$3,094$2,596$2,172$1,745
17 years$4,040$3,381$2,815$2,333$1,925$1,522
18 years$3,776$3,124$2,570$2,102$1,712$1,331
19 years$3,540$2,896$2,353$1,900$1,526$1,166
20 years$3,327$2,691$2,159$1,721$1,363$1,024
21 years$3,136$2,506$1,986$1,562$1,220$900
22 years$2,961$2,340$1,830$1,420$1,093$793
23 years$2,803$2,188$1,690$1,293$981$699
24 years$2,657$2,050$1,563$1,179$882$617
25 years$2,524$1,924$1,448$1,077$794$545
26 years$2,401$1,808$1,343$985$715$482
27 years$2,287$1,702$1,247$901$645$426
28 years$2,182$1,604$1,159$826$582$377
29 years$2,084$1,513$1,079$757$525$334
30 years$1,993$1,429$1,005$695$475$296
31 years$1,908$1,351$937$638$429$263
32 years$1,828$1,278$874$587$388$233
33 years$1,753$1,210$816$539$351$207
34 years$1,683$1,147$762$496$318$184
35 years$1,617$1,088$713$457$288$163
36 years$1,555$1,033$667$421$261$145
37 years$1,496$981$624$388$237$129
38 years$1,441$932$584$357$214$114
39 years$1,388$886$548$330$194$101
40 years$1,338$843$513$304$176$90
41 years$1,291$803$481$280$160$80
42 years$1,246$764$451$259$145$71
43 years$1,204$728$424$239$132$63
44 years$1,163$694$398$221$120$56
45 years$1,125$662$373$204$109$50
46 years$1,088$632$351$188$99$44
47 years$1,052$603$329$174$90$40
48 years$1,019$575$310$161$81$35
49 years$987$549$291$148$74$31
50 years$956$525$274$137$67$28

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $979,000, adding $5,684 every year, while hoping to spend $20,794 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: 62/18/20 Blend
34$979,000$979,000$979,000$979,000
35$1,084,721$1,032,834$1,017,660$1,146,033
36$1,173,238$1,061,318$1,029,626$1,216,568
37$1,270,087$1,090,501$1,041,297$1,290,716
38$1,376,095$1,120,395$1,052,640$1,371,191
39$1,492,175$1,151,013$1,063,622$1,458,611
40$1,619,330$1,182,366$1,074,206$1,553,656
41$1,758,665$1,214,466$1,084,356$1,657,077
42$1,911,400$1,247,325$1,094,033$1,769,700
43$2,078,873$1,280,954$1,103,194$1,892,434
44$2,262,563$1,315,366$1,111,796$2,026,283
45$2,464,097$1,350,571$1,119,792$2,172,349
46$2,685,265$1,386,579$1,127,136$2,331,849
47$2,928,042$1,423,402$1,133,775$2,506,124
48$3,194,602$1,461,048$1,139,656$2,696,650
49$3,487,340$1,499,528$1,144,724$2,905,053
50$3,808,894$1,538,851$1,148,918$3,133,126
51$4,162,172$1,579,025$1,152,176$3,382,843
52$4,550,373$1,620,057$1,154,434$3,656,380
53$4,977,026$1,661,955$1,155,623$3,956,133
54$5,446,018$1,704,725$1,155,671$4,284,746
55$5,961,628$1,748,373$1,154,502$4,645,128
56$6,528,575$1,792,904$1,152,039$5,040,486
57$7,152,054$1,838,321$1,148,196$5,474,355
58$7,837,791$1,884,626$1,142,889$5,950,630
59$8,592,094$1,931,822$1,136,024$6,473,601
60$9,421,914$1,979,907$1,127,508$7,047,999
61$10,334,909$2,028,882$1,117,239$7,679,034
62$11,339,516$2,078,744$1,105,112$8,372,449
63$12,445,032$2,129,488$1,091,019$9,134,573
64$13,661,701$2,181,108$1,074,843$9,972,380
65$15,000,808$2,233,596$1,056,465$10,893,555
66$16,474,792$2,286,944$1,035,758$11,906,567
67$18,097,355$2,341,138$1,012,590$13,020,750
68$19,883,597$2,396,165$986,823$14,246,390
69$21,850,155$2,452,009$958,312$15,594,820
70$24,015,362$2,508,649$926,907$17,078,533
71$26,399,420$2,566,064$892,450$18,711,293
72$29,024,589$2,624,228$854,775$20,508,271
73$31,915,396$2,683,115$813,709$22,486,184
74$35,098,870$2,742,691$769,072$24,663,456
75$38,604,793$2,802,922$720,675$27,060,391
76$42,465,985$2,863,768$668,320$29,699,363
77$46,718,609$2,925,185$611,802$32,605,030
78$51,402,514$2,987,127$550,905$35,804,566
79$56,561,614$3,049,540$485,404$39,327,917
80$62,244,298$3,112,366$415,064$43,208,086
81$68,503,888$3,175,543$339,639$47,481,441
82$75,399,141$3,239,002$258,874$52,188,064
83$82,994,809$3,302,668$172,502$57,372,125
84$91,362,240$3,366,460$80,241$63,082,299
85$100,580,061$3,430,289$0$69,372,231
86$110,734,914$3,494,060$0$76,304,925
87$121,922,277$3,557,670$0$83,960,170
88$134,247,361$3,621,008$0$92,392,686
89$147,826,107$3,683,953$0$101,681,667
90$162,786,280$3,746,376$0$111,914,380
91$179,268,670$3,808,138$0$123,186,994
92$197,428,427$3,869,090$0$135,605,485
93$217,436,521$3,929,070$0$149,286,634
94$239,481,359$3,987,906$0$164,359,136
95$263,770,558$4,045,415$0$180,964,809
96$290,532,912$4,101,397$0$199,259,934
97$320,020,546$4,155,642$0$219,416,734
98$352,511,296$4,207,923$0$241,624,995
99$388,311,336$4,257,999$0$266,093,859
100$427,758,062$4,305,610$0$293,053,801