Can I retire at age 35 with 984,000?

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 $984,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.8%
1 years$81,258$80,534$79,828$79,139$78,466$75,984
2 years$40,227$39,477$38,751$38,047$37,365$34,887
3 years$26,551$25,799$25,075$24,377$23,706$21,310
4 years$19,715$18,965$18,248$17,562$16,907$14,611
5 years$15,614$14,869$14,161$13,490$12,852$10,663
6 years$12,881$12,141$11,444$10,788$10,170$8,088
7 years$10,930$10,196$9,510$8,869$8,271$6,297
8 years$9,467$8,740$8,065$7,440$6,861$4,994
9 years$8,330$7,610$6,947$6,337$5,778$4,015
10 years$7,421$6,708$6,056$5,463$4,923$3,262
11 years$6,678$5,972$5,332$4,754$4,234$2,672
12 years$6,059$5,360$4,732$4,170$3,669$2,203
13 years$5,535$4,844$4,228$3,682$3,200$1,825
14 years$5,087$4,403$3,799$3,268$2,805$1,518
15 years$4,699$4,022$3,430$2,915$2,470$1,267
16 years$4,359$3,690$3,109$2,610$2,183$1,061
17 years$4,060$3,398$2,829$2,345$1,935$890
18 years$3,795$3,140$2,583$2,113$1,721$748
19 years$3,558$2,910$2,365$1,909$1,534$630
20 years$3,344$2,704$2,170$1,729$1,370$531
21 years$3,152$2,519$1,996$1,569$1,226$448
22 years$2,977$2,351$1,840$1,427$1,099$378
23 years$2,817$2,199$1,699$1,300$986$320
24 years$2,671$2,061$1,571$1,185$887$271
25 years$2,537$1,934$1,455$1,083$798$229
26 years$2,413$1,817$1,349$990$719$194
27 years$2,299$1,710$1,253$906$648$164
28 years$2,193$1,612$1,165$830$585$139
29 years$2,095$1,520$1,084$761$528$118
30 years$2,003$1,436$1,010$699$477$100
31 years$1,917$1,357$941$642$431$85
32 years$1,837$1,284$878$590$390$72
33 years$1,762$1,216$820$542$353$61
34 years$1,692$1,153$766$499$320$52
35 years$1,625$1,093$716$459$290$44
36 years$1,563$1,038$670$423$262$37
37 years$1,504$986$627$390$238$32
38 years$1,448$937$587$359$216$27
39 years$1,395$891$550$331$195$23
40 years$1,345$847$516$305$177$19
41 years$1,298$807$484$282$161$16
42 years$1,253$768$454$260$146$14
43 years$1,210$732$426$240$132$12
44 years$1,169$698$400$222$120$10
45 years$1,130$665$375$205$109$9
46 years$1,093$635$352$189$99$7
47 years$1,058$606$331$175$90$6
48 years$1,024$578$311$161$82$5
49 years$992$552$292$149$74$4
50 years$961$528$275$138$67$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $984,000, adding $5,233 every year, while hoping to spend $20,828 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: 34/36/30 Blend
34$984,000$984,000$984,000$984,000
35$1,089,766$1,037,614$1,022,362$1,116,805
36$1,178,761$1,066,296$1,034,450$1,166,448
37$1,276,136$1,095,686$1,046,245$1,217,731
38$1,382,723$1,125,795$1,057,716$1,272,639
39$1,499,439$1,156,638$1,068,827$1,331,509
40$1,627,294$1,188,225$1,079,545$1,394,713
41$1,767,400$1,220,570$1,089,832$1,462,662
42$1,920,981$1,253,685$1,099,648$1,535,805
43$2,089,387$1,287,581$1,108,952$1,614,642
44$2,274,103$1,322,271$1,117,701$1,699,718
45$2,476,766$1,357,766$1,125,848$1,791,638
46$2,699,177$1,394,078$1,133,345$1,891,065
47$2,943,322$1,431,217$1,140,141$1,998,734
48$3,211,388$1,469,194$1,146,183$2,115,449
49$3,505,784$1,508,019$1,151,415$2,242,100
50$3,829,164$1,547,702$1,155,777$2,379,668
51$4,184,451$1,588,252$1,159,208$2,529,231
52$4,574,866$1,629,677$1,161,642$2,691,979
53$5,003,956$1,671,985$1,163,011$2,869,224
54$5,475,631$1,715,183$1,163,243$3,062,410
55$5,994,197$1,759,279$1,162,263$3,273,131
56$6,564,398$1,804,276$1,159,992$3,503,141
57$7,191,462$1,850,181$1,156,347$3,754,376
58$7,881,147$1,896,996$1,151,240$4,028,966
59$8,639,799$1,944,724$1,144,582$4,329,264
60$9,474,409$1,993,366$1,136,276$4,657,858
61$10,392,680$2,042,922$1,126,222$5,017,604
62$11,403,098$2,093,390$1,114,316$5,411,650
63$12,515,016$2,144,768$1,100,447$5,843,463
64$13,738,737$2,197,050$1,084,501$6,316,867
65$15,085,613$2,250,231$1,066,357$6,836,077
66$16,568,155$2,304,302$1,045,890$7,405,736
67$18,200,147$2,359,252$1,022,966$8,030,965
68$19,996,775$2,415,070$997,449$8,717,407
69$21,974,777$2,471,738$969,194$9,471,282
70$24,152,592$2,529,241$938,050$10,299,446
71$26,550,540$2,587,558$903,859$11,209,456
72$29,191,013$2,646,666$866,456$12,209,641
73$32,098,681$2,706,538$825,667$13,309,183
74$35,300,733$2,767,144$781,313$14,518,200
75$38,827,125$2,828,452$733,204$15,847,847
76$42,710,869$2,890,424$681,144$17,310,416
77$46,988,342$2,953,018$624,927$18,919,458
78$51,699,627$3,016,191$564,336$20,689,908
79$56,888,896$3,079,890$499,148$22,638,227
80$62,604,821$3,144,062$429,127$24,782,559
81$68,901,037$3,208,647$354,028$27,142,901
82$75,836,650$3,273,577$273,594$29,741,294
83$83,476,787$3,338,781$187,559$32,602,030
84$91,893,220$3,404,182$95,643$35,751,886
85$101,165,036$3,469,694$0$39,220,370
86$111,379,386$3,535,226$0$43,040,793
87$122,632,309$3,600,677$0$47,280,940
88$135,029,635$3,665,941$0$51,949,775
89$148,687,986$3,730,901$0$57,090,950
90$163,735,877$3,795,431$0$62,752,568
91$180,314,927$3,859,398$0$68,987,640
92$198,581,196$3,922,655$0$75,854,583
93$218,706,661$3,985,048$0$83,417,772
94$240,880,834$4,046,409$0$91,748,151
95$265,312,555$4,106,559$0$100,923,898
96$292,231,960$4,165,305$0$111,031,168
97$321,892,656$4,222,441$0$122,164,903
98$354,574,114$4,277,748$0$134,429,731
99$390,584,306$4,330,990$0$147,940,954
100$430,262,612$4,381,915$0$162,825,632