Can I retire at age 35 with 985,000?

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 $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%19.8%
1 years$81,340$80,616$79,909$79,219$78,545$75,459
2 years$40,268$39,518$38,791$38,086$37,403$34,331
3 years$26,578$25,825$25,100$24,402$23,730$20,769
4 years$19,735$18,984$18,267$17,580$16,924$14,098
5 years$15,630$14,884$14,176$13,503$12,866$10,180
6 years$12,895$12,154$11,456$10,799$10,180$7,637
7 years$10,941$10,207$9,520$8,878$8,279$5,879
8 years$9,477$8,749$8,074$7,448$6,868$4,607
9 years$8,339$7,618$6,954$6,344$5,784$3,659
10 years$7,429$6,715$6,063$5,468$4,928$2,936
11 years$6,684$5,978$5,337$4,759$4,239$2,373
12 years$6,065$5,365$4,737$4,174$3,673$1,930
13 years$5,541$4,849$4,232$3,685$3,203$1,578
14 years$5,092$4,407$3,802$3,271$2,808$1,294
15 years$4,704$4,026$3,433$2,918$2,472$1,065
16 years$4,364$3,694$3,113$2,612$2,185$879
17 years$4,065$3,402$2,832$2,347$1,937$726
18 years$3,799$3,143$2,586$2,115$1,723$602
19 years$3,561$2,913$2,367$1,911$1,535$499
20 years$3,348$2,707$2,172$1,731$1,371$414
21 years$3,155$2,522$1,998$1,571$1,227$344
22 years$2,980$2,354$1,842$1,428$1,100$286
23 years$2,820$2,202$1,700$1,301$987$238
24 years$2,674$2,063$1,573$1,187$888$198
25 years$2,539$1,936$1,456$1,084$799$165
26 years$2,416$1,819$1,351$991$719$138
27 years$2,301$1,712$1,254$907$649$115
28 years$2,195$1,613$1,166$831$585$96
29 years$2,097$1,522$1,085$762$528$80
30 years$2,005$1,437$1,011$699$477$66
31 years$1,919$1,359$942$642$432$55
32 years$1,839$1,286$879$590$391$46
33 years$1,764$1,218$821$543$353$39
34 years$1,693$1,154$767$499$320$32
35 years$1,627$1,095$717$460$290$27
36 years$1,564$1,039$671$423$263$22
37 years$1,505$987$628$390$238$19
38 years$1,450$938$588$360$216$16
39 years$1,397$892$551$332$196$13
40 years$1,347$848$516$306$177$11
41 years$1,299$808$484$282$161$9
42 years$1,254$769$454$260$146$8
43 years$1,211$733$426$240$133$6
44 years$1,170$698$400$222$120$5
45 years$1,131$666$376$205$109$4
46 years$1,094$635$353$189$99$4
47 years$1,059$606$331$175$90$3
48 years$1,025$579$311$162$82$3
49 years$993$553$293$149$74$2
50 years$962$528$275$138$67$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $985,000, adding $3,647 every year, while hoping to spend $45,577 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: 48/29/23 Blend
34$985,000$985,000$985,000$985,000
35$1,089,232$1,037,027$1,021,759$1,134,245
36$1,151,840$1,039,348$1,007,495$1,168,381
37$1,219,307$1,040,255$991,225$1,200,585
38$1,292,079$1,039,630$972,834$1,234,628
39$1,370,649$1,037,350$952,202$1,270,706
40$1,455,557$1,033,282$929,202$1,309,033
41$1,547,395$1,027,284$903,702$1,349,849
42$1,646,818$1,019,210$875,565$1,393,421
43$1,754,542$1,008,899$844,644$1,440,046
44$1,871,356$996,186$810,791$1,490,056
45$1,998,127$980,892$773,845$1,543,817
46$2,135,809$962,829$733,642$1,601,737
47$2,285,452$941,798$690,009$1,664,270
48$2,448,210$917,588$642,766$1,731,920
49$2,625,352$889,975$591,724$1,805,245
50$2,818,278$858,723$536,687$1,884,867
51$3,028,523$823,582$477,447$1,971,474
52$3,257,782$784,286$413,790$2,065,829
53$3,507,915$740,556$345,492$2,168,780
54$3,780,974$692,095$272,318$2,281,264
55$4,079,216$638,590$194,023$2,404,324
56$4,405,125$579,709$110,351$2,539,110
57$4,761,436$515,103$21,036$2,686,901
58$5,151,160$444,402$0$2,849,111
59$5,577,615$367,214$0$3,045,535
60$6,044,450$283,126$0$3,266,372
61$6,555,688$191,702$0$3,508,448
62$7,115,754$92,482$0$3,773,963
63$7,729,526$0$0$4,065,350
64$8,402,374$0$0$4,390,084
65$9,140,212$0$0$4,778,656
66$9,949,554$0$0$5,204,997
67$10,837,576$0$0$5,672,901
68$11,812,181$0$0$6,186,546
69$12,882,075$0$0$6,750,536
70$14,056,847$0$0$7,369,941
71$15,347,061$0$0$8,050,347
72$16,764,354$0$0$8,797,908
73$18,321,545$0$0$9,619,402
74$20,032,758$0$0$10,522,299
75$21,913,550$0$0$11,514,824
76$23,981,063$0$0$12,606,044
77$26,254,180$0$0$13,805,944
78$28,753,708$0$0$15,125,528
79$31,502,568$0$0$16,576,918
80$34,526,015$0$0$18,173,470
81$37,851,874$0$0$19,929,900
82$41,510,803$0$0$21,862,423
83$45,536,582$0$0$23,988,902
84$49,966,428$0$0$26,329,022
85$54,841,349$0$0$28,904,472
86$60,206,530$0$0$31,739,149
87$66,111,757$0$0$34,859,386
88$72,611,889$0$0$38,294,196
89$79,767,371$0$0$42,075,550
90$87,644,808$0$0$46,238,676
91$96,317,590$0$0$50,822,390
92$105,866,586$0$0$55,869,466
93$116,380,904$0$0$61,427,033
94$127,958,735$0$0$67,547,027
95$140,708,274$0$0$74,286,676
96$154,748,745$0$0$81,709,039
97$170,211,524$0$0$89,883,604
98$187,241,375$0$0$98,886,943
99$205,997,822$0$0$108,803,431
100$226,656,649$0$0$119,726,047