Can I retire at age 35 with 984,000?

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 $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%11.1%
1 years$81,258$80,534$79,828$79,139$78,466$78,102
2 years$40,227$39,477$38,751$38,047$37,365$36,998
3 years$26,551$25,799$25,075$24,377$23,706$23,347
4 years$19,715$18,965$18,248$17,562$16,907$16,559
5 years$15,614$14,869$14,161$13,490$12,852$12,516
6 years$12,881$12,141$11,444$10,788$10,170$9,845
7 years$10,930$10,196$9,510$8,869$8,271$7,959
8 years$9,467$8,740$8,065$7,440$6,861$6,562
9 years$8,330$7,610$6,947$6,337$5,778$5,491
10 years$7,421$6,708$6,056$5,463$4,923$4,648
11 years$6,678$5,972$5,332$4,754$4,234$3,971
12 years$6,059$5,360$4,732$4,170$3,669$3,418
13 years$5,535$4,844$4,228$3,682$3,200$2,960
14 years$5,087$4,403$3,799$3,268$2,805$2,576
15 years$4,699$4,022$3,430$2,915$2,470$2,252
16 years$4,359$3,690$3,109$2,610$2,183$1,976
17 years$4,060$3,398$2,829$2,345$1,935$1,739
18 years$3,795$3,140$2,583$2,113$1,721$1,534
19 years$3,558$2,910$2,365$1,909$1,534$1,357
20 years$3,344$2,704$2,170$1,729$1,370$1,203
21 years$3,152$2,519$1,996$1,569$1,226$1,068
22 years$2,977$2,351$1,840$1,427$1,099$949
23 years$2,817$2,199$1,699$1,300$986$845
24 years$2,671$2,061$1,571$1,185$887$753
25 years$2,537$1,934$1,455$1,083$798$672
26 years$2,413$1,817$1,349$990$719$600
27 years$2,299$1,710$1,253$906$648$537
28 years$2,193$1,612$1,165$830$585$480
29 years$2,095$1,520$1,084$761$528$430
30 years$2,003$1,436$1,010$699$477$385
31 years$1,917$1,357$941$642$431$345
32 years$1,837$1,284$878$590$390$309
33 years$1,762$1,216$820$542$353$277
34 years$1,692$1,153$766$499$320$249
35 years$1,625$1,093$716$459$290$223
36 years$1,563$1,038$670$423$262$201
37 years$1,504$986$627$390$238$180
38 years$1,448$937$587$359$216$162
39 years$1,395$891$550$331$195$145
40 years$1,345$847$516$305$177$131
41 years$1,298$807$484$282$161$117
42 years$1,253$768$454$260$146$105
43 years$1,210$732$426$240$132$95
44 years$1,169$698$400$222$120$85
45 years$1,130$665$375$205$109$77
46 years$1,093$635$352$189$99$69
47 years$1,058$606$331$175$90$62
48 years$1,024$578$311$161$82$56
49 years$992$552$292$149$74$50
50 years$961$528$275$138$67$45

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $984,000, adding $2,890 every year, while hoping to spend $24,087 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: 53/39/8 Blend
34$984,000$984,000$984,000$984,000
35$1,087,349$1,035,197$1,019,945$1,142,689
36$1,172,630$1,060,293$1,028,485$1,205,642
37$1,265,803$1,085,812$1,036,503$1,271,225
38$1,367,646$1,111,748$1,043,958$1,341,998
39$1,479,019$1,138,097$1,050,803$1,418,456
40$1,600,866$1,164,850$1,056,992$1,501,146
41$1,734,226$1,192,000$1,062,474$1,590,667
42$1,880,248$1,219,538$1,067,196$1,687,680
43$2,040,190$1,247,453$1,071,105$1,792,914
44$2,215,444$1,275,733$1,074,142$1,907,169
45$2,407,540$1,304,364$1,076,245$2,031,330
46$2,618,161$1,333,331$1,077,352$2,166,369
47$2,849,166$1,362,616$1,077,395$2,313,357
48$3,102,597$1,392,200$1,076,305$2,473,475
49$3,380,707$1,422,063$1,074,006$2,648,024
50$3,685,976$1,452,181$1,070,422$2,838,436
51$4,021,136$1,482,529$1,065,472$3,046,291
52$4,389,197$1,513,078$1,059,070$3,273,327
53$4,793,475$1,543,798$1,051,128$3,521,461
54$5,237,620$1,574,655$1,041,552$3,792,805
55$5,725,658$1,605,614$1,030,245$4,089,686
56$6,262,021$1,636,634$1,017,103$4,414,668
57$6,851,591$1,667,673$1,002,021$4,770,578
58$7,499,749$1,698,685$984,884$5,160,529
59$8,212,422$1,729,619$965,576$5,587,953
60$8,996,140$1,760,422$943,974$6,056,632
61$9,858,098$1,791,034$919,949$6,570,733
62$10,806,223$1,821,394$893,366$7,134,850
63$11,849,248$1,851,433$864,084$7,754,045
64$12,996,797$1,881,078$831,957$8,433,896
65$14,259,472$1,910,253$796,829$9,180,551
66$15,648,956$1,938,872$758,540$10,000,786
67$17,178,119$1,966,847$716,921$10,902,069
68$18,861,146$1,994,082$671,797$11,892,629
69$20,713,664$2,020,473$622,983$12,981,536
70$22,752,892$2,045,910$570,287$14,178,788
71$24,997,804$2,070,277$513,509$15,495,401
72$27,469,307$2,093,447$452,438$16,943,518
73$30,190,438$2,115,287$386,856$18,536,521
74$33,186,580$2,135,654$316,534$20,289,159
75$36,485,706$2,154,396$241,232$22,217,687
76$40,118,636$2,171,349$160,702$24,340,019
77$44,119,334$2,186,343$74,682$26,675,901
78$48,525,224$2,199,191$0$29,247,091
79$53,377,545$2,209,700$0$32,079,035
80$58,721,739$2,217,660$0$35,203,601
81$64,607,881$2,222,850$0$38,643,563
82$71,091,151$2,225,035$0$42,431,052
83$78,232,351$2,223,965$0$46,601,481
84$86,098,486$2,219,374$0$51,193,874
85$94,763,389$2,210,981$0$56,251,239
86$104,308,423$2,198,487$0$61,820,975
87$114,823,243$2,181,574$0$67,955,316
88$126,406,650$2,159,907$0$74,711,829
89$139,167,513$2,133,128$0$82,153,956
90$153,225,808$2,100,859$0$90,351,614
91$168,713,740$2,062,701$0$99,381,855
92$185,776,996$2,018,228$0$109,329,596
93$204,576,120$1,966,991$0$120,288,419
94$225,288,025$1,908,515$0$132,361,459
95$248,107,666$1,842,295$0$145,662,374
96$273,249,879$1,767,798$0$160,316,423
97$300,951,408$1,684,461$0$176,461,649
98$331,473,139$1,591,687$0$194,250,179
99$365,102,564$1,488,845$0$213,849,670
100$402,156,494$1,375,267$0$235,444,883