Can I retire at age 35 with 986,000?

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 $986,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.4%
1 years$81,423$80,698$79,990$79,299$78,625$76,880
2 years$40,308$39,558$38,830$38,125$37,440$35,692
3 years$26,605$25,851$25,126$24,427$23,754$22,056
4 years$19,755$19,004$18,285$17,598$16,941$15,307
5 years$15,646$14,899$14,190$13,517$12,879$11,313
6 years$12,908$12,166$11,468$10,810$10,190$8,694
7 years$10,952$10,217$9,530$8,887$8,288$6,862
8 years$9,487$8,758$8,082$7,455$6,875$5,519
9 years$8,347$7,625$6,961$6,350$5,790$4,503
10 years$7,436$6,721$6,069$5,474$4,933$3,713
11 years$6,691$5,984$5,343$4,764$4,243$3,088
12 years$6,071$5,371$4,742$4,179$3,677$2,586
13 years$5,546$4,853$4,236$3,689$3,206$2,178
14 years$5,097$4,412$3,806$3,275$2,811$1,842
15 years$4,708$4,030$3,437$2,921$2,475$1,564
16 years$4,368$3,698$3,116$2,615$2,187$1,331
17 years$4,069$3,405$2,835$2,350$1,939$1,137
18 years$3,803$3,147$2,588$2,117$1,724$973
19 years$3,565$2,916$2,369$1,913$1,537$834
20 years$3,351$2,710$2,174$1,733$1,373$716
21 years$3,158$2,524$2,000$1,573$1,228$615
22 years$2,983$2,356$1,843$1,430$1,101$529
23 years$2,823$2,204$1,702$1,302$988$456
24 years$2,676$2,065$1,574$1,188$888$393
25 years$2,542$1,938$1,458$1,085$799$339
26 years$2,418$1,821$1,352$992$720$293
27 years$2,304$1,714$1,256$908$649$253
28 years$2,198$1,615$1,167$832$586$219
29 years$2,099$1,524$1,086$763$529$189
30 years$2,007$1,439$1,012$700$478$163
31 years$1,921$1,360$943$643$432$141
32 years$1,841$1,287$880$591$391$122
33 years$1,766$1,219$822$543$354$106
34 years$1,695$1,155$768$500$320$92
35 years$1,629$1,096$718$460$290$79
36 years$1,566$1,040$672$424$263$69
37 years$1,507$988$629$391$238$59
38 years$1,451$939$589$360$216$51
39 years$1,398$893$551$332$196$45
40 years$1,348$849$517$306$178$39
41 years$1,300$808$485$282$161$33
42 years$1,255$770$455$261$146$29
43 years$1,212$734$427$241$133$25
44 years$1,172$699$400$222$120$22
45 years$1,133$667$376$205$109$19
46 years$1,095$636$353$190$99$16
47 years$1,060$607$332$175$90$14
48 years$1,026$579$312$162$82$12
49 years$994$553$293$150$74$11
50 years$963$529$276$138$68$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $986,000, adding $6,496 every year, while hoping to spend $44,598 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: 29/46/25 Blend
34$986,000$986,000$986,000$986,000
35$1,093,273$1,041,015$1,025,732$1,116,337
36$1,157,335$1,044,572$1,012,642$1,138,421
37$1,226,436$1,046,810$997,619$1,157,793
38$1,301,044$1,047,615$980,550$1,177,708
39$1,381,672$1,046,869$961,320$1,198,242
40$1,468,883$1,044,447$939,805$1,219,485
41$1,563,297$1,040,213$915,877$1,241,535
42$1,665,597$1,034,026$889,402$1,264,507
43$1,776,530$1,025,736$860,239$1,288,533
44$1,896,921$1,015,183$828,243$1,313,761
45$2,027,677$1,002,196$793,258$1,340,358
46$2,169,794$986,598$755,126$1,368,516
47$2,324,369$968,197$713,679$1,398,450
48$2,492,607$946,791$668,740$1,430,403
49$2,675,838$922,168$620,127$1,464,649
50$2,875,520$894,102$567,649$1,501,496
51$3,093,263$862,353$511,105$1,541,293
52$3,330,836$826,668$450,287$1,584,427
53$3,590,186$786,780$384,976$1,631,336
54$3,873,457$742,404$314,945$1,682,510
55$4,183,010$693,242$239,955$1,738,496
56$4,521,442$638,976$159,759$1,799,910
57$4,891,616$579,272$74,097$1,867,435
58$5,296,679$513,775$0$1,941,839
59$5,740,103$442,112$0$2,028,597
60$6,225,705$363,887$0$2,145,435
61$6,757,692$278,683$0$2,273,710
62$7,340,696$186,058$0$2,414,689
63$7,979,818$85,546$0$2,569,776
64$8,680,678$0$0$2,740,530
65$9,449,463$0$0$2,940,493
66$10,292,990$0$0$3,207,567
67$11,218,767$0$0$3,500,848
68$12,235,064$0$0$3,822,976
69$13,350,991$0$0$4,176,860
70$14,576,582$0$0$4,565,704
71$15,922,893$0$0$4,993,039
72$17,402,102$0$0$5,462,753
73$19,027,626$0$0$5,979,132
74$20,814,243$0$0$6,546,895
75$22,778,239$0$0$7,171,244
76$24,937,551$0$0$7,857,908
77$27,311,946$0$0$8,613,200
78$29,923,198$0$0$9,444,077
79$32,795,298$0$0$10,358,201
80$35,954,681$0$0$11,364,017
81$39,430,470$0$0$12,470,829
82$43,254,754$0$0$13,688,887
83$47,462,891$0$0$15,029,488
84$52,093,836$0$0$16,505,076
85$57,190,513$0$0$18,129,366
86$62,800,220$0$0$19,917,467
87$68,975,070$0$0$21,886,030
88$75,772,485$0$0$24,053,402
89$83,255,738$0$0$26,439,798
90$91,494,548$0$0$29,067,494
91$100,565,739$0$0$31,961,037
92$110,553,961$0$0$35,147,474
93$121,552,494$0$0$38,656,609
94$133,664,121$0$0$42,521,285
95$147,002,102$0$0$46,777,691
96$161,691,240$0$0$51,465,707
97$177,869,061$0$0$56,629,276
98$195,687,107$0$0$62,316,823
99$215,312,369$0$0$68,581,706
100$236,928,860$0$0$75,482,729