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%13.6%
1 years$81,258$80,534$79,828$79,139$78,466$77,293
2 years$40,227$39,477$38,751$38,047$37,365$36,186
3 years$26,551$25,799$25,075$24,377$23,706$22,557
4 years$19,715$18,965$18,248$17,562$16,907$15,798
5 years$15,614$14,869$14,161$13,490$12,852$11,786
6 years$12,881$12,141$11,444$10,788$10,170$9,147
7 years$10,930$10,196$9,510$8,869$8,271$7,293
8 years$9,467$8,740$8,065$7,440$6,861$5,927
9 years$8,330$7,610$6,947$6,337$5,778$4,888
10 years$7,421$6,708$6,056$5,463$4,923$4,076
11 years$6,678$5,972$5,332$4,754$4,234$3,429
12 years$6,059$5,360$4,732$4,170$3,669$2,905
13 years$5,535$4,844$4,228$3,682$3,200$2,475
14 years$5,087$4,403$3,799$3,268$2,805$2,119
15 years$4,699$4,022$3,430$2,915$2,470$1,821
16 years$4,359$3,690$3,109$2,610$2,183$1,571
17 years$4,060$3,398$2,829$2,345$1,935$1,358
18 years$3,795$3,140$2,583$2,113$1,721$1,178
19 years$3,558$2,910$2,365$1,909$1,534$1,023
20 years$3,344$2,704$2,170$1,729$1,370$890
21 years$3,152$2,519$1,996$1,569$1,226$776
22 years$2,977$2,351$1,840$1,427$1,099$677
23 years$2,817$2,199$1,699$1,300$986$591
24 years$2,671$2,061$1,571$1,185$887$517
25 years$2,537$1,934$1,455$1,083$798$452
26 years$2,413$1,817$1,349$990$719$396
27 years$2,299$1,710$1,253$906$648$347
28 years$2,193$1,612$1,165$830$585$304
29 years$2,095$1,520$1,084$761$528$267
30 years$2,003$1,436$1,010$699$477$234
31 years$1,917$1,357$941$642$431$206
32 years$1,837$1,284$878$590$390$181
33 years$1,762$1,216$820$542$353$159
34 years$1,692$1,153$766$499$320$139
35 years$1,625$1,093$716$459$290$123
36 years$1,563$1,038$670$423$262$108
37 years$1,504$986$627$390$238$95
38 years$1,448$937$587$359$216$83
39 years$1,395$891$550$331$195$73
40 years$1,345$847$516$305$177$64
41 years$1,298$807$484$282$161$57
42 years$1,253$768$454$260$146$50
43 years$1,210$732$426$240$132$44
44 years$1,169$698$400$222$120$39
45 years$1,130$665$375$205$109$34
46 years$1,093$635$352$189$99$30
47 years$1,058$606$331$175$90$26
48 years$1,024$578$311$161$82$23
49 years$992$552$292$149$74$20
50 years$961$528$275$138$67$18

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $984,000, adding $2,424 every year, while hoping to spend $20,195 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: 58/21/21 Blend
34$984,000$984,000$984,000$984,000
35$1,086,868$1,034,716$1,019,464$1,143,689
36$1,176,242$1,063,930$1,032,129$1,211,831
37$1,274,054$1,093,899$1,044,541$1,283,697
38$1,381,145$1,124,637$1,056,671$1,361,602
39$1,498,440$1,156,162$1,068,487$1,446,136
40$1,626,955$1,188,489$1,079,956$1,537,945
41$1,767,813$1,221,633$1,091,043$1,637,742
42$1,922,248$1,255,611$1,101,711$1,746,312
43$2,091,620$1,290,439$1,111,921$1,864,518
44$2,277,427$1,326,132$1,121,632$1,993,313
45$2,481,319$1,362,707$1,130,801$2,133,746
46$2,705,113$1,400,179$1,139,382$2,286,972
47$2,950,811$1,438,564$1,147,328$2,454,263
48$3,220,618$1,477,878$1,154,588$2,637,022
49$3,516,963$1,518,137$1,161,109$2,836,794
50$3,842,523$1,559,355$1,166,836$3,055,279
51$4,200,245$1,601,548$1,171,710$3,294,353
52$4,593,377$1,644,731$1,175,669$3,556,081
53$5,025,497$1,688,918$1,178,649$3,842,741
54$5,500,546$1,734,123$1,180,582$4,156,838
55$6,022,867$1,780,361$1,181,397$4,501,138
56$6,597,245$1,827,644$1,181,019$4,878,685
57$7,228,950$1,875,985$1,179,370$5,292,833
58$7,923,792$1,925,397$1,176,368$5,747,281
59$8,688,168$1,975,891$1,171,926$6,246,101
60$9,529,130$2,027,478$1,165,953$6,793,784
61$10,454,444$2,080,167$1,158,356$7,395,275
62$11,472,671$2,133,969$1,149,035$8,056,026
63$12,593,241$2,188,892$1,137,885$8,782,045
64$13,826,546$2,244,941$1,124,798$9,579,950
65$15,184,035$2,302,124$1,109,660$10,457,038
66$16,678,324$2,360,446$1,092,351$11,421,345
67$18,323,314$2,419,908$1,072,746$12,481,732
68$20,134,322$2,480,515$1,050,713$13,647,961
69$22,128,228$2,542,265$1,026,117$14,930,790
70$24,323,628$2,605,157$998,813$16,342,075
71$26,741,017$2,669,188$968,652$17,894,881
72$29,402,974$2,734,352$935,476$19,603,606
73$32,334,385$2,800,642$899,121$21,484,117
74$35,562,667$2,868,048$859,416$23,553,900
75$39,118,034$2,936,558$816,182$25,832,226
76$43,033,780$3,006,156$769,230$28,340,329
77$47,346,591$3,076,823$718,366$31,101,613
78$52,096,896$3,148,540$663,383$34,141,867
79$57,329,241$3,221,281$604,068$37,489,514
80$63,092,718$3,295,017$540,198$41,175,876
81$69,441,419$3,369,717$471,539$45,235,469
82$76,434,955$3,445,345$397,847$49,706,332
83$84,139,014$3,521,859$318,868$54,630,388
84$92,625,978$3,599,215$234,335$60,053,833
85$101,975,613$3,677,363$143,971$66,027,578
86$112,275,818$3,756,245$47,486$72,607,730
87$123,623,452$3,835,802$0$79,856,119
88$136,125,253$3,915,966$0$87,853,315
89$149,898,843$3,996,662$0$96,674,142
90$165,073,836$4,077,809$0$106,390,774
91$181,793,066$4,159,320$0$117,094,485
92$200,213,930$4,241,099$0$128,885,856
93$220,509,879$4,323,041$0$141,875,726
94$242,872,050$4,405,033$0$156,186,236
95$267,511,073$4,486,953$0$171,951,985
96$294,659,057$4,568,669$0$189,321,299
97$324,571,784$4,650,037$0$208,457,630
98$357,531,120$4,730,903$0$229,541,103
99$393,847,679$4,811,101$0$252,770,210
100$433,863,751$4,890,454$0$278,363,692