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%13.1%
1 years$81,258$80,534$79,828$79,139$78,466$77,453
2 years$40,227$39,477$38,751$38,047$37,365$36,346
3 years$26,551$25,799$25,075$24,377$23,706$22,712
4 years$19,715$18,965$18,248$17,562$16,907$15,947
5 years$15,614$14,869$14,161$13,490$12,852$11,928
6 years$12,881$12,141$11,444$10,788$10,170$9,283
7 years$10,930$10,196$9,510$8,869$8,271$7,421
8 years$9,467$8,740$8,065$7,440$6,861$6,049
9 years$8,330$7,610$6,947$6,337$5,778$5,003
10 years$7,421$6,708$6,056$5,463$4,923$4,185
11 years$6,678$5,972$5,332$4,754$4,234$3,531
12 years$6,059$5,360$4,732$4,170$3,669$3,001
13 years$5,535$4,844$4,228$3,682$3,200$2,566
14 years$5,087$4,403$3,799$3,268$2,805$2,204
15 years$4,699$4,022$3,430$2,915$2,470$1,901
16 years$4,359$3,690$3,109$2,610$2,183$1,645
17 years$4,060$3,398$2,829$2,345$1,935$1,428
18 years$3,795$3,140$2,583$2,113$1,721$1,242
19 years$3,558$2,910$2,365$1,909$1,534$1,083
20 years$3,344$2,704$2,170$1,729$1,370$946
21 years$3,152$2,519$1,996$1,569$1,226$827
22 years$2,977$2,351$1,840$1,427$1,099$725
23 years$2,817$2,199$1,699$1,300$986$635
24 years$2,671$2,061$1,571$1,185$887$558
25 years$2,537$1,934$1,455$1,083$798$490
26 years$2,413$1,817$1,349$990$719$431
27 years$2,299$1,710$1,253$906$648$379
28 years$2,193$1,612$1,165$830$585$334
29 years$2,095$1,520$1,084$761$528$294
30 years$2,003$1,436$1,010$699$477$259
31 years$1,917$1,357$941$642$431$228
32 years$1,837$1,284$878$590$390$201
33 years$1,762$1,216$820$542$353$178
34 years$1,692$1,153$766$499$320$157
35 years$1,625$1,093$716$459$290$138
36 years$1,563$1,038$670$423$262$122
37 years$1,504$986$627$390$238$108
38 years$1,448$937$587$359$216$95
39 years$1,395$891$550$331$195$84
40 years$1,345$847$516$305$177$74
41 years$1,298$807$484$282$161$66
42 years$1,253$768$454$260$146$58
43 years$1,210$732$426$240$132$51
44 years$1,169$698$400$222$120$45
45 years$1,130$665$375$205$109$40
46 years$1,093$635$352$189$99$35
47 years$1,058$606$331$175$90$31
48 years$1,024$578$311$161$82$28
49 years$992$552$292$149$74$24
50 years$961$528$275$138$67$22

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $984,000, adding $4,250 every year, while hoping to spend $29,152 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: 49/41/10 Blend
34$984,000$984,000$984,000$984,000
35$1,088,752$1,036,600$1,021,348$1,138,970
36$1,168,787$1,056,376$1,024,546$1,193,622
37$1,256,009$1,076,144$1,026,873$1,249,535
38$1,351,119$1,095,872$1,028,271$1,309,596
39$1,454,892$1,115,528$1,028,676$1,374,203
40$1,568,176$1,135,075$1,028,023$1,443,792
41$1,691,910$1,154,473$1,026,241$1,518,846
42$1,827,123$1,173,681$1,023,259$1,599,895
43$1,974,952$1,192,653$1,019,000$1,687,526
44$2,136,645$1,211,341$1,013,384$1,782,383
45$2,313,578$1,229,692$1,006,328$1,885,179
46$2,507,267$1,247,651$997,744$1,996,698
47$2,719,380$1,265,158$987,540$2,117,808
48$2,951,754$1,282,148$975,620$2,249,461
49$3,206,413$1,298,553$961,883$2,392,712
50$3,485,584$1,314,300$946,224$2,548,721
51$3,791,723$1,329,309$928,532$2,718,767
52$4,127,532$1,343,499$908,691$2,904,264
53$4,495,989$1,356,779$886,581$3,106,768
54$4,900,374$1,369,055$862,075$3,327,996
55$5,344,298$1,380,224$835,040$3,569,841
56$5,831,740$1,390,180$805,338$3,834,392
57$6,367,086$1,398,806$772,825$4,123,951
58$6,955,162$1,405,981$737,348$4,441,057
59$7,601,289$1,411,575$698,750$4,788,512
60$8,311,327$1,415,449$656,865$5,169,402
61$9,091,733$1,417,456$611,520$5,587,133
62$9,949,618$1,417,440$562,534$6,045,460
63$10,892,819$1,415,235$509,719$6,548,523
64$11,929,970$1,410,664$452,878$7,100,889
65$13,070,581$1,403,541$391,803$7,707,592
66$14,325,133$1,393,667$326,282$8,374,183
67$15,705,172$1,380,832$256,087$9,106,784
68$17,223,419$1,364,813$180,986$9,912,143
69$18,893,892$1,345,372$100,733$10,797,703
70$20,732,034$1,322,261$15,073$11,771,670
71$22,754,862$1,295,212$0$12,843,089
72$24,981,125$1,263,945$0$14,030,083
73$27,431,483$1,228,161$0$15,337,748
74$30,128,700$1,187,547$0$16,776,631
75$33,097,858$1,141,767$0$18,360,132
76$36,366,594$1,090,469$0$20,103,023
77$39,965,364$1,033,279$0$22,021,589
78$43,927,723$969,802$0$24,133,779
79$48,290,649$899,620$0$26,459,379
80$53,094,886$822,292$0$29,020,202
81$58,385,330$737,350$0$31,840,289
82$64,211,455$644,301$0$34,946,143
83$70,627,775$542,624$0$38,366,975
84$77,694,363$431,767$0$42,134,987
85$85,477,413$311,149$0$46,285,672
86$94,049,869$180,154$0$50,858,154
87$103,492,108$38,135$0$55,895,555
88$113,892,704$0$0$61,445,409
89$125,349,259$0$0$67,612,260
90$137,969,328$0$0$74,424,518
91$151,871,428$0$0$81,928,976
92$167,186,163$0$0$90,196,152
93$184,057,453$0$0$99,303,758
94$202,643,890$0$0$109,337,430
95$223,120,240$0$0$120,391,533
96$245,679,088$0$0$132,570,059
97$270,532,658$0$0$145,987,599
98$297,914,811$0$0$160,770,434
99$328,083,261$0$0$177,057,719
100$361,321,998$0$0$195,002,801