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%18.7%
1 years$81,423$80,698$79,990$79,299$78,625$75,866
2 years$40,308$39,558$38,830$38,125$37,440$34,689
3 years$26,605$25,851$25,126$24,427$23,754$21,097
4 years$19,755$19,004$18,285$17,598$16,941$14,400
5 years$15,646$14,899$14,190$13,517$12,879$10,459
6 years$12,908$12,166$11,468$10,810$10,190$7,894
7 years$10,952$10,217$9,530$8,887$8,288$6,115
8 years$9,487$8,758$8,082$7,455$6,875$4,824
9 years$8,347$7,625$6,961$6,350$5,790$3,857
10 years$7,436$6,721$6,069$5,474$4,933$3,116
11 years$6,691$5,984$5,343$4,764$4,243$2,537
12 years$6,071$5,371$4,742$4,179$3,677$2,079
13 years$5,546$4,853$4,236$3,689$3,206$1,712
14 years$5,097$4,412$3,806$3,275$2,811$1,415
15 years$4,708$4,030$3,437$2,921$2,475$1,174
16 years$4,368$3,698$3,116$2,615$2,187$976
17 years$4,069$3,405$2,835$2,350$1,939$814
18 years$3,803$3,147$2,588$2,117$1,724$679
19 years$3,565$2,916$2,369$1,913$1,537$568
20 years$3,351$2,710$2,174$1,733$1,373$476
21 years$3,158$2,524$2,000$1,573$1,228$399
22 years$2,983$2,356$1,843$1,430$1,101$334
23 years$2,823$2,204$1,702$1,302$988$281
24 years$2,676$2,065$1,574$1,188$888$236
25 years$2,542$1,938$1,458$1,085$799$198
26 years$2,418$1,821$1,352$992$720$166
27 years$2,304$1,714$1,256$908$649$140
28 years$2,198$1,615$1,167$832$586$118
29 years$2,099$1,524$1,086$763$529$99
30 years$2,007$1,439$1,012$700$478$83
31 years$1,921$1,360$943$643$432$70
32 years$1,841$1,287$880$591$391$59
33 years$1,766$1,219$822$543$354$50
34 years$1,695$1,155$768$500$320$42
35 years$1,629$1,096$718$460$290$35
36 years$1,566$1,040$672$424$263$30
37 years$1,507$988$629$391$238$25
38 years$1,451$939$589$360$216$21
39 years$1,398$893$551$332$196$18
40 years$1,348$849$517$306$178$15
41 years$1,300$808$485$282$161$13
42 years$1,255$770$455$261$146$11
43 years$1,212$734$427$241$133$9
44 years$1,172$699$400$222$120$8
45 years$1,133$667$376$205$109$6
46 years$1,095$636$353$190$99$5
47 years$1,060$607$332$175$90$4
48 years$1,026$579$312$162$82$4
49 years$994$553$293$150$74$3
50 years$963$529$276$138$68$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $986,000, adding $5,868 every year, while hoping to spend $50,565 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: 45/35/20 Blend
34$986,000$986,000$986,000$986,000
35$1,092,625$1,040,367$1,025,084$1,135,266
36$1,150,272$1,037,544$1,005,623$1,162,969
37$1,212,104$1,032,888$983,816$1,187,533
38$1,278,495$1,026,256$959,531$1,213,123
39$1,349,855$1,017,496$932,628$1,239,859
40$1,426,633$1,006,446$902,964$1,267,875
41$1,509,324$992,937$870,388$1,297,322
42$1,598,471$976,787$834,742$1,328,370
43$1,694,670$957,804$795,860$1,361,211
44$1,798,575$935,785$753,570$1,396,059
45$1,910,906$910,515$707,692$1,433,155
46$2,032,455$881,766$658,036$1,472,768
47$2,164,091$849,298$604,405$1,515,201
48$2,306,770$812,856$546,595$1,560,793
49$2,461,543$772,168$484,388$1,609,920
50$2,629,567$726,951$417,562$1,663,005
51$2,812,113$676,902$345,880$1,720,520
52$3,010,580$621,702$269,099$1,782,991
53$3,226,508$561,014$186,962$1,851,004
54$3,461,588$494,480$99,202$1,925,213
55$3,717,686$421,725$5,541$2,006,347
56$3,996,850$342,350$0$2,095,215
57$4,301,337$255,934$0$2,212,867
58$4,633,632$162,033$0$2,342,731
59$4,996,468$60,178$0$2,484,806
60$5,392,854$0$0$2,640,403
61$5,826,105$0$0$2,830,276
62$6,299,867$0$0$3,063,360
63$6,818,158$0$0$3,318,467
64$7,385,398$0$0$3,597,788
65$8,006,459$0$0$3,903,736
66$8,686,702$0$0$4,238,968
67$9,432,032$0$0$4,606,411
68$10,248,954$0$0$5,009,288
69$11,144,629$0$0$5,451,149
70$12,126,947$0$0$5,935,903
71$13,204,598$0$0$6,467,858
72$14,387,150$0$0$7,051,756
73$15,685,147$0$0$7,692,823
74$17,110,201$0$0$8,396,816
75$18,675,103$0$0$9,170,075
76$20,393,944$0$0$10,019,585
77$22,282,248$0$0$10,953,041
78$24,357,114$0$0$11,978,920
79$26,637,382$0$0$13,106,562
80$29,143,806$0$0$14,346,256
81$31,899,253$0$0$15,709,338
82$34,928,912$0$0$17,208,296
83$38,260,538$0$0$18,856,892
84$41,924,710$0$0$20,670,285
85$45,955,118$0$0$22,665,178
86$50,388,881$0$0$24,859,977
87$55,266,898$0$0$27,274,957
88$60,634,230$0$0$29,932,463
89$66,540,529$0$0$32,857,111
90$73,040,501$0$0$36,076,026
91$80,194,425$0$0$39,619,097
92$88,068,718$0$0$43,519,255
93$96,736,564$0$0$47,812,789
94$106,278,604$0$0$52,539,682
95$116,783,691$0$0$57,743,992
96$128,349,733$0$0$63,474,268
97$141,084,617$0$0$69,784,004
98$155,107,220$0$0$76,732,148
99$170,548,536$0$0$84,383,652
100$187,552,907$0$0$92,810,092