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%12.1%
1 years$81,258$80,534$79,828$79,139$78,466$77,776
2 years$40,227$39,477$38,751$38,047$37,365$36,669
3 years$26,551$25,799$25,075$24,377$23,706$23,027
4 years$19,715$18,965$18,248$17,562$16,907$16,250
5 years$15,614$14,869$14,161$13,490$12,852$12,218
6 years$12,881$12,141$11,444$10,788$10,170$9,560
7 years$10,930$10,196$9,510$8,869$8,271$7,685
8 years$9,467$8,740$8,065$7,440$6,861$6,300
9 years$8,330$7,610$6,947$6,337$5,778$5,242
10 years$7,421$6,708$6,056$5,463$4,923$4,411
11 years$6,678$5,972$5,332$4,754$4,234$3,745
12 years$6,059$5,360$4,732$4,170$3,669$3,203
13 years$5,535$4,844$4,228$3,682$3,200$2,756
14 years$5,087$4,403$3,799$3,268$2,805$2,383
15 years$4,699$4,022$3,430$2,915$2,470$2,070
16 years$4,359$3,690$3,109$2,610$2,183$1,803
17 years$4,060$3,398$2,829$2,345$1,935$1,576
18 years$3,795$3,140$2,583$2,113$1,721$1,381
19 years$3,558$2,910$2,365$1,909$1,534$1,213
20 years$3,344$2,704$2,170$1,729$1,370$1,067
21 years$3,152$2,519$1,996$1,569$1,226$940
22 years$2,977$2,351$1,840$1,427$1,099$830
23 years$2,817$2,199$1,699$1,300$986$733
24 years$2,671$2,061$1,571$1,185$887$649
25 years$2,537$1,934$1,455$1,083$798$574
26 years$2,413$1,817$1,349$990$719$509
27 years$2,299$1,710$1,253$906$648$451
28 years$2,193$1,612$1,165$830$585$401
29 years$2,095$1,520$1,084$761$528$356
30 years$2,003$1,436$1,010$699$477$316
31 years$1,917$1,357$941$642$431$281
32 years$1,837$1,284$878$590$390$250
33 years$1,762$1,216$820$542$353$222
34 years$1,692$1,153$766$499$320$198
35 years$1,625$1,093$716$459$290$176
36 years$1,563$1,038$670$423$262$157
37 years$1,504$986$627$390$238$140
38 years$1,448$937$587$359$216$124
39 years$1,395$891$550$331$195$111
40 years$1,345$847$516$305$177$99
41 years$1,298$807$484$282$161$88
42 years$1,253$768$454$260$146$78
43 years$1,210$732$426$240$132$70
44 years$1,169$698$400$222$120$62
45 years$1,130$665$375$205$109$55
46 years$1,093$635$352$189$99$49
47 years$1,058$606$331$175$90$44
48 years$1,024$578$311$161$82$39
49 years$992$552$292$149$74$35
50 years$961$528$275$138$67$31

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $984,000, adding $2,272 every year, while hoping to spend $30,785 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: 46/40/14 Blend
34$984,000$984,000$984,000$984,000
35$1,086,712$1,034,560$1,019,308$1,132,294
36$1,164,801$1,052,498$1,020,699$1,182,107
37$1,249,824$1,070,284$1,021,106$1,232,802
38$1,342,455$1,087,876$1,020,462$1,287,123
39$1,443,437$1,105,234$1,018,699$1,345,418
40$1,553,586$1,122,309$1,015,744$1,408,073
41$1,673,802$1,139,052$1,011,522$1,475,511
42$1,805,076$1,155,412$1,005,954$1,548,201
43$1,948,497$1,171,330$998,956$1,626,659
44$2,105,264$1,186,746$990,442$1,711,456
45$2,276,700$1,201,596$980,321$1,803,220
46$2,464,258$1,215,809$968,496$1,902,647
47$2,669,540$1,229,311$954,869$2,010,503
48$2,894,310$1,242,024$939,333$2,127,633
49$3,140,509$1,253,862$921,780$2,254,971
50$3,410,276$1,264,737$902,095$2,393,546
51$3,705,967$1,274,552$880,158$2,544,495
52$4,030,176$1,283,204$855,843$2,709,072
53$4,385,758$1,290,586$829,019$2,888,661
54$4,775,863$1,296,582$799,548$3,084,789
55$5,203,954$1,301,068$767,286$3,299,140
56$5,673,851$1,303,914$732,084$3,533,573
57$6,189,759$1,304,981$693,784$3,790,140
58$6,756,311$1,304,121$652,222$4,071,103
59$7,378,609$1,301,178$607,226$4,378,958
60$8,062,277$1,295,985$558,617$4,716,461
61$8,813,506$1,288,365$506,208$5,086,648
62$9,639,121$1,278,132$449,803$5,492,873
63$10,546,637$1,265,086$389,198$5,938,833
64$11,544,336$1,249,018$324,178$6,428,607
65$12,641,342$1,229,703$254,521$6,966,693
66$13,847,706$1,206,906$179,995$7,558,054
67$15,174,503$1,180,375$100,356$8,208,165
68$16,633,934$1,149,846$15,350$8,923,063
69$18,239,445$1,115,037$0$9,709,406
70$20,005,845$1,075,652$0$10,585,798
71$21,949,458$1,031,374$0$11,552,257
72$24,088,263$981,873$0$12,615,465
73$26,442,076$926,794$0$13,785,317
74$29,032,726$865,766$0$15,072,724
75$31,884,271$798,395$0$16,489,713
76$35,023,214$724,264$0$18,049,547
77$38,478,762$642,933$0$19,766,845
78$42,283,096$553,937$0$21,657,725
79$46,471,677$456,785$0$23,739,956
80$51,083,577$350,957$0$26,033,128
81$56,161,853$235,904$0$28,558,834
82$61,753,947$111,049$0$31,340,883
83$67,912,137$0$0$34,405,518
84$74,694,031$0$0$37,792,330
85$82,163,105$0$0$41,576,299
86$90,389,310$0$0$45,744,001
87$99,449,722$0$0$50,334,507
88$109,429,278$0$0$55,390,869
89$120,421,573$0$0$60,960,531
90$132,529,744$0$0$67,095,773
91$145,867,441$0$0$73,854,202
92$160,559,902$0$0$81,299,304
93$176,745,134$0$0$89,501,032
94$194,575,216$0$0$98,536,477
95$214,217,732$0$0$108,490,588
96$235,857,354$0$0$119,456,974
97$259,697,584$0$0$131,538,792
98$285,962,674$0$0$144,849,718
99$314,899,746$0$0$159,515,018
100$346,781,119$0$0$175,672,734