Can I retire at age 35 with 986,000?

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 $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%14.5%
1 years$81,423$80,698$79,990$79,299$78,625$77,164
2 years$40,308$39,558$38,830$38,125$37,440$35,974
3 years$26,605$25,851$25,126$24,427$23,754$22,327
4 years$19,755$19,004$18,285$17,598$16,941$15,566
5 years$15,646$14,899$14,190$13,517$12,879$11,559
6 years$12,908$12,166$11,468$10,810$10,190$8,927
7 years$10,952$10,217$9,530$8,887$8,288$7,081
8 years$9,487$8,758$8,082$7,455$6,875$5,725
9 years$8,347$7,625$6,961$6,350$5,790$4,696
10 years$7,436$6,721$6,069$5,474$4,933$3,894
11 years$6,691$5,984$5,343$4,764$4,243$3,258
12 years$6,071$5,371$4,742$4,179$3,677$2,744
13 years$5,546$4,853$4,236$3,689$3,206$2,324
14 years$5,097$4,412$3,806$3,275$2,811$1,978
15 years$4,708$4,030$3,437$2,921$2,475$1,690
16 years$4,368$3,698$3,116$2,615$2,187$1,448
17 years$4,069$3,405$2,835$2,350$1,939$1,244
18 years$3,803$3,147$2,588$2,117$1,724$1,072
19 years$3,565$2,916$2,369$1,913$1,537$925
20 years$3,351$2,710$2,174$1,733$1,373$799
21 years$3,158$2,524$2,000$1,573$1,228$692
22 years$2,983$2,356$1,843$1,430$1,101$599
23 years$2,823$2,204$1,702$1,302$988$520
24 years$2,676$2,065$1,574$1,188$888$451
25 years$2,542$1,938$1,458$1,085$799$392
26 years$2,418$1,821$1,352$992$720$341
27 years$2,304$1,714$1,256$908$649$297
28 years$2,198$1,615$1,167$832$586$258
29 years$2,099$1,524$1,086$763$529$225
30 years$2,007$1,439$1,012$700$478$196
31 years$1,921$1,360$943$643$432$171
32 years$1,841$1,287$880$591$391$149
33 years$1,766$1,219$822$543$354$130
34 years$1,695$1,155$768$500$320$113
35 years$1,629$1,096$718$460$290$99
36 years$1,566$1,040$672$424$263$86
37 years$1,507$988$629$391$238$75
38 years$1,451$939$589$360$216$66
39 years$1,398$893$551$332$196$57
40 years$1,348$849$517$306$178$50
41 years$1,300$808$485$282$161$44
42 years$1,255$770$455$261$146$38
43 years$1,212$734$427$241$133$33
44 years$1,172$699$400$222$120$29
45 years$1,133$667$376$205$109$25
46 years$1,095$636$353$190$99$22
47 years$1,060$607$332$175$90$19
48 years$1,026$579$312$162$82$17
49 years$994$553$293$150$74$15
50 years$963$529$276$138$68$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $986,000, adding $2,970 every year, while hoping to spend $54,813 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: 82/11/7 Blend
34$986,000$986,000$986,000$986,000
35$1,089,636$1,037,378$1,022,095$1,178,005
36$1,142,458$1,029,888$998,014$1,228,740
37$1,198,831$1,020,195$971,290$1,276,797
38$1,259,059$1,008,132$941,775$1,327,867
39$1,323,475$993,523$909,318$1,382,221
40$1,392,446$976,182$873,756$1,440,157
41$1,466,373$955,912$834,924$1,502,001
42$1,545,694$932,503$792,645$1,568,115
43$1,630,894$905,734$746,737$1,638,897
44$1,722,501$875,371$697,009$1,714,785
45$1,821,097$841,166$643,260$1,796,260
46$1,927,322$802,857$585,283$1,883,856
47$2,041,877$760,164$522,858$1,978,159
48$2,165,533$712,796$455,757$2,079,815
49$2,299,136$660,442$383,744$2,189,537
50$2,443,617$602,773$306,568$2,308,109
51$2,599,999$539,442$223,972$2,436,398
52$2,769,406$470,082$135,682$2,575,358
53$2,953,076$394,307$41,418$2,726,042
54$3,152,368$311,706$0$2,889,610
55$3,368,777$221,847$0$3,071,761
56$3,603,948$124,273$0$3,273,075
57$3,859,690$18,502$0$3,492,034
58$4,137,995$0$0$3,730,379
59$4,441,052$0$0$4,001,643
60$4,771,271$0$0$4,299,682
61$5,131,306$0$0$4,624,651
62$5,524,076$0$0$4,979,189
63$5,952,793$0$0$5,366,199
64$6,420,996$0$0$5,788,876
65$6,932,577$0$0$6,250,739
66$7,491,823$0$0$6,755,661
67$8,103,454$0$0$7,307,907
68$8,772,667$0$0$7,912,172
69$9,505,184$0$0$8,573,625
70$10,307,304$0$0$9,297,961
71$11,185,968$0$0$10,091,449
72$12,148,816$0$0$10,960,993
73$13,204,264$0$0$11,914,197
74$14,361,580$0$0$12,959,436
75$15,630,972$0$0$14,105,934
76$17,023,685$0$0$15,363,852
77$18,552,102$0$0$16,744,379
78$20,229,866$0$0$18,259,842
79$22,072,003$0$0$19,923,819
80$24,095,067$0$0$21,751,269
81$26,317,293$0$0$23,758,668
82$28,758,768$0$0$25,964,169
83$31,441,623$0$0$28,387,766
84$34,390,237$0$0$31,051,492
85$37,631,470$0$0$33,979,614
86$41,194,911$0$0$37,198,873
87$45,113,161$0$0$40,738,726
88$49,422,139$0$0$44,631,630
89$54,161,416$0$0$48,913,343
90$59,374,594$0$0$53,623,263
91$65,109,710$0$0$58,804,798
92$71,419,694$0$0$64,505,777
93$78,362,863$0$0$70,778,897
94$86,003,474$0$0$77,682,222
95$94,412,327$0$0$85,279,728
96$103,667,432$0$0$93,641,908
97$113,854,746$0$0$102,846,435
98$125,068,984$0$0$112,978,894
99$137,414,508$0$0$124,133,592
100$151,006,312$0$0$136,414,441