Can I retire at age 35 with 982,000?

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 $982,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12%
1 years$81,093$80,370$79,666$78,978$78,306$77,650
2 years$40,145$39,397$38,673$37,970$37,289$36,627
3 years$26,497$25,747$25,024$24,328$23,657$23,011
4 years$19,675$18,926$18,211$17,527$16,873$16,247
5 years$15,583$14,839$14,132$13,462$12,826$12,223
6 years$12,855$12,117$11,421$10,766$10,149$9,568
7 years$10,908$10,176$9,491$8,851$8,254$7,696
8 years$9,448$8,722$8,049$7,425$6,847$6,313
9 years$8,313$7,594$6,933$6,325$5,767$5,255
10 years$7,406$6,694$6,044$5,452$4,913$4,425
11 years$6,664$5,959$5,321$4,745$4,226$3,759
12 years$6,046$5,349$4,722$4,162$3,662$3,218
13 years$5,524$4,834$4,219$3,674$3,193$2,770
14 years$5,077$4,394$3,791$3,262$2,799$2,397
15 years$4,689$4,014$3,423$2,909$2,465$2,083
16 years$4,351$3,683$3,103$2,604$2,178$1,816
17 years$4,052$3,392$2,824$2,340$1,931$1,588
18 years$3,787$3,134$2,578$2,109$1,717$1,393
19 years$3,550$2,904$2,360$1,906$1,531$1,224
20 years$3,338$2,699$2,166$1,726$1,367$1,078
21 years$3,145$2,514$1,992$1,566$1,223$950
22 years$2,971$2,347$1,836$1,424$1,097$839
23 years$2,811$2,195$1,695$1,297$984$742
24 years$2,666$2,056$1,568$1,183$885$657
25 years$2,532$1,930$1,452$1,080$796$582
26 years$2,408$1,814$1,347$988$717$517
27 years$2,294$1,707$1,251$904$647$458
28 years$2,189$1,608$1,163$828$583$407
29 years$2,090$1,517$1,082$760$527$362
30 years$1,999$1,433$1,008$697$476$322
31 years$1,913$1,355$939$640$430$286
32 years$1,834$1,282$877$588$389$255
33 years$1,759$1,214$818$541$352$227
34 years$1,688$1,150$765$498$319$202
35 years$1,622$1,091$715$458$289$180
36 years$1,560$1,036$669$422$262$160
37 years$1,501$984$626$389$237$143
38 years$1,445$935$586$358$215$127
39 years$1,392$889$549$331$195$114
40 years$1,343$846$515$305$177$101
41 years$1,295$805$483$281$161$90
42 years$1,250$767$453$260$146$81
43 years$1,207$731$425$240$132$72
44 years$1,167$696$399$221$120$64
45 years$1,128$664$374$204$109$57
46 years$1,091$633$352$189$99$51
47 years$1,056$605$330$174$90$46
48 years$1,022$577$311$161$82$41
49 years$990$551$292$149$74$36
50 years$959$526$274$138$67$32

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $982,000, adding $4,242 every year, while hoping to spend $52,438 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: 51/40/9 Blend
34$982,000$982,000$982,000$982,000
35$1,086,540$1,034,494$1,019,273$1,139,212
36$1,141,573$1,029,390$997,625$1,170,477
37$1,200,462$1,022,279$973,494$1,198,477
38$1,263,546$1,013,007$946,742$1,227,687
39$1,331,193$1,001,410$917,224$1,258,235
40$1,403,812$987,317$884,788$1,290,261
41$1,481,849$970,543$849,276$1,323,926
42$1,565,792$950,894$810,522$1,359,408
43$1,656,181$928,167$768,353$1,396,908
44$1,753,607$902,141$722,587$1,436,649
45$1,858,717$872,589$673,036$1,478,882
46$1,972,225$839,264$619,502$1,523,886
47$2,094,914$801,911$561,777$1,571,976
48$2,227,645$760,254$499,647$1,623,500
49$2,371,366$714,007$432,886$1,678,849
50$2,527,115$662,864$361,258$1,738,458
51$2,696,038$606,501$284,517$1,802,810
52$2,879,392$544,578$202,407$1,872,447
53$3,078,562$476,734$114,659$1,947,971
54$3,295,069$402,588$20,994$2,030,051
55$3,530,589$321,738$0$2,119,432
56$3,786,964$233,758$0$2,224,527
57$4,066,221$138,198$0$2,341,318
58$4,370,591$34,585$0$2,468,843
59$4,702,529$0$0$2,608,270
60$5,064,739$0$0$2,795,045
61$5,460,195$0$0$3,015,678
62$5,892,171$0$0$3,256,786
63$6,364,272$0$0$3,520,392
64$6,880,467$0$0$3,808,726
65$7,445,126$0$0$4,124,241
66$8,063,060$0$0$4,469,640
67$8,739,566$0$0$4,847,899
68$9,480,480$0$0$5,262,294
69$10,292,226$0$0$5,716,434
70$11,181,878$0$0$6,214,295
71$12,157,231$0$0$6,760,253
72$13,226,865$0$0$7,359,130
73$14,400,235$0$0$8,016,236
74$15,687,752$0$0$8,737,421
75$17,100,884$0$0$9,529,128
76$18,652,264$0$0$10,398,455
77$20,355,809$0$0$11,353,220
78$22,226,847$0$0$12,402,035
79$24,282,266$0$0$13,554,390
80$26,540,668$0$0$14,820,736
81$29,022,548$0$0$16,212,589
82$31,750,484$0$0$17,742,636
83$34,749,349$0$0$19,424,853
84$38,046,549$0$0$21,274,638
85$41,672,276$0$0$23,308,958
86$45,659,793$0$0$25,546,504
87$50,045,751$0$0$28,007,871
88$54,870,529$0$0$30,715,749
89$60,178,618$0$0$33,695,140
90$66,019,038$0$0$36,973,590
91$72,445,801$0$0$40,581,450
92$79,518,417$0$0$44,552,164
93$87,302,458$0$0$48,922,580
94$95,870,177$0$0$53,733,300
95$105,301,184$0$0$59,029,063
96$115,683,198$0$0$64,859,165
97$127,112,879$0$0$71,277,926
98$139,696,733$0$0$78,345,198
99$153,552,117$0$0$86,126,936
100$168,808,349$0$0$94,695,812