Can I retire at age 35 with 985,000?

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 $985,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.2%
1 years$81,340$80,616$79,909$79,219$78,545$77,822
2 years$40,268$39,518$38,791$38,086$37,403$36,674
3 years$26,578$25,825$25,100$24,402$23,730$23,018
4 years$19,735$18,984$18,267$17,580$16,924$16,235
5 years$15,630$14,884$14,176$13,503$12,866$12,201
6 years$12,895$12,154$11,456$10,799$10,180$9,541
7 years$10,941$10,207$9,520$8,878$8,279$7,666
8 years$9,477$8,749$8,074$7,448$6,868$6,281
9 years$8,339$7,618$6,954$6,344$5,784$5,222
10 years$7,429$6,715$6,063$5,468$4,928$4,392
11 years$6,684$5,978$5,337$4,759$4,239$3,727
12 years$6,065$5,365$4,737$4,174$3,673$3,186
13 years$5,541$4,849$4,232$3,685$3,203$2,739
14 years$5,092$4,407$3,802$3,271$2,808$2,367
15 years$4,704$4,026$3,433$2,918$2,472$2,054
16 years$4,364$3,694$3,113$2,612$2,185$1,789
17 years$4,065$3,402$2,832$2,347$1,937$1,562
18 years$3,799$3,143$2,586$2,115$1,723$1,368
19 years$3,561$2,913$2,367$1,911$1,535$1,200
20 years$3,348$2,707$2,172$1,731$1,371$1,055
21 years$3,155$2,522$1,998$1,571$1,227$929
22 years$2,980$2,354$1,842$1,428$1,100$820
23 years$2,820$2,202$1,700$1,301$987$724
24 years$2,674$2,063$1,573$1,187$888$640
25 years$2,539$1,936$1,456$1,084$799$566
26 years$2,416$1,819$1,351$991$719$501
27 years$2,301$1,712$1,254$907$649$444
28 years$2,195$1,613$1,166$831$585$394
29 years$2,097$1,522$1,085$762$528$349
30 years$2,005$1,437$1,011$699$477$310
31 years$1,919$1,359$942$642$432$275
32 years$1,839$1,286$879$590$391$245
33 years$1,764$1,218$821$543$353$218
34 years$1,693$1,154$767$499$320$193
35 years$1,627$1,095$717$460$290$172
36 years$1,564$1,039$671$423$263$153
37 years$1,505$987$628$390$238$136
38 years$1,450$938$588$360$216$121
39 years$1,397$892$551$332$196$108
40 years$1,347$848$516$306$177$96
41 years$1,299$808$484$282$161$85
42 years$1,254$769$454$260$146$76
43 years$1,211$733$426$240$133$68
44 years$1,170$698$400$222$120$60
45 years$1,131$666$376$205$109$54
46 years$1,094$635$353$189$99$48
47 years$1,059$606$331$175$90$43
48 years$1,025$579$311$162$82$38
49 years$993$553$293$149$74$34
50 years$962$528$275$138$67$30

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $985,000, adding $6,548 every year, while hoping to spend $33,577 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: 49/39/12 Blend
34$985,000$985,000$985,000$985,000
35$1,092,224$1,040,019$1,024,752$1,141,857
36$1,167,905$1,055,255$1,023,355$1,191,889
37$1,250,181$1,070,111$1,020,787$1,242,158
38$1,339,687$1,084,535$1,016,971$1,296,002
39$1,437,126$1,098,468$1,011,831$1,353,767
40$1,543,269$1,111,848$1,005,283$1,415,835
41$1,658,964$1,124,610$997,241$1,482,625
42$1,785,146$1,136,684$987,616$1,554,602
43$1,922,843$1,147,994$976,314$1,632,280
44$2,073,187$1,158,459$963,234$1,716,224
45$2,237,423$1,167,995$948,274$1,807,060
46$2,416,924$1,176,511$931,325$1,905,478
47$2,613,200$1,183,909$912,274$2,012,239
48$2,827,913$1,190,087$891,001$2,128,184
49$3,062,894$1,194,935$867,383$2,254,243
50$3,320,158$1,198,336$841,290$2,391,439
51$3,601,927$1,200,167$812,586$2,540,905
52$3,910,643$1,200,296$781,128$2,703,888
53$4,249,001$1,198,582$746,767$2,881,767
54$4,619,964$1,194,878$709,349$3,076,063
55$5,026,799$1,189,025$668,711$3,288,455
56$5,473,103$1,180,857$624,683$3,520,796
57$5,962,836$1,170,197$577,087$3,775,131
58$6,500,365$1,156,855$525,738$4,053,717
59$7,090,494$1,140,633$470,443$4,359,044
60$7,738,520$1,121,320$410,998$4,693,860
61$8,450,276$1,098,692$347,194$5,061,196
62$9,232,188$1,072,511$278,808$5,464,400
63$10,091,334$1,042,527$205,611$5,907,161
64$11,035,513$1,008,474$127,362$6,393,553
65$12,073,316$970,070$43,809$6,928,068
66$13,214,209$927,018$0$7,515,665
67$14,468,620$879,003$0$8,167,617
68$15,848,037$825,693$0$8,890,515
69$17,365,119$766,734$0$9,685,434
70$19,033,811$701,754$0$10,559,751
71$20,869,480$630,360$0$11,521,603
72$22,889,055$552,135$0$12,579,961
73$25,111,190$466,641$0$13,744,718
74$27,556,437$373,412$0$15,026,781
75$30,247,442$271,958$0$16,438,178
76$33,209,157$161,760$0$17,992,170
77$36,469,077$42,272$0$19,703,379
78$40,057,495$0$0$21,587,928
79$44,007,791$0$0$23,700,963
80$48,356,747$0$0$26,047,348
81$53,144,892$0$0$28,630,824
82$58,416,884$0$0$31,475,504
83$64,221,932$0$0$34,607,958
84$70,614,261$0$0$38,057,464
85$77,653,621$0$0$41,856,283
86$85,405,852$0$0$46,039,967
87$93,943,504$0$0$50,647,687
88$103,346,524$0$0$55,722,612
89$113,703,006$0$0$61,312,309
90$125,110,027$0$0$67,469,193
91$137,674,557$0$0$74,251,025
92$151,514,473$0$0$81,721,453
93$166,759,670$0$0$89,950,614
94$183,553,285$0$0$99,015,797
95$202,053,048$0$0$109,002,172
96$222,432,773$0$0$120,003,589
97$244,883,995$0$0$132,123,471
98$269,617,779$0$0$145,475,787
99$296,866,710$0$0$160,186,123
100$326,887,092$0$0$176,392,876