Can I retire at age 35 with 987,000?

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 $987,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.5%
1 years$81,506$80,780$80,071$79,380$78,705$76,308
2 years$40,349$39,598$38,870$38,163$37,478$35,084
3 years$26,632$25,878$25,151$24,452$23,778$21,461
4 years$19,775$19,023$18,304$17,616$16,959$14,737
5 years$15,662$14,914$14,204$13,531$12,892$10,772
6 years$12,921$12,178$11,479$10,821$10,201$8,184
7 years$10,963$10,227$9,539$8,896$8,296$6,383
8 years$9,496$8,767$8,090$7,463$6,882$5,071
9 years$8,356$7,633$6,968$6,357$5,796$4,085
10 years$7,444$6,728$6,075$5,480$4,938$3,325
11 years$6,698$5,990$5,348$4,769$4,247$2,729
12 years$6,077$5,376$4,746$4,183$3,680$2,254
13 years$5,552$4,858$4,241$3,693$3,209$1,871
14 years$5,102$4,416$3,810$3,278$2,813$1,560
15 years$4,713$4,034$3,440$2,924$2,477$1,305
16 years$4,373$3,701$3,119$2,618$2,189$1,094
17 years$4,073$3,409$2,838$2,352$1,941$920
18 years$3,806$3,150$2,591$2,120$1,726$775
19 years$3,568$2,919$2,372$1,915$1,538$654
20 years$3,355$2,713$2,177$1,735$1,374$553
21 years$3,161$2,527$2,002$1,574$1,230$467
22 years$2,986$2,359$1,845$1,431$1,102$396
23 years$2,826$2,206$1,704$1,304$989$335
24 years$2,679$2,067$1,576$1,189$889$284
25 years$2,545$1,940$1,459$1,086$800$241
26 years$2,421$1,823$1,354$993$721$205
27 years$2,306$1,716$1,257$909$650$174
28 years$2,200$1,617$1,168$833$586$148
29 years$2,101$1,525$1,087$764$530$125
30 years$2,009$1,440$1,013$701$478$107
31 years$1,923$1,362$944$644$433$91
32 years$1,843$1,288$881$591$391$77
33 years$1,768$1,220$823$544$354$66
34 years$1,697$1,156$769$500$321$56
35 years$1,630$1,097$719$461$290$47
36 years$1,568$1,041$672$424$263$40
37 years$1,508$989$629$391$238$34
38 years$1,452$940$589$360$216$29
39 years$1,400$893$552$332$196$25
40 years$1,349$850$517$306$178$21
41 years$1,302$809$485$283$161$18
42 years$1,257$771$455$261$146$15
43 years$1,214$734$427$241$133$13
44 years$1,173$700$401$222$121$11
45 years$1,134$667$376$205$109$9
46 years$1,097$637$354$190$99$8
47 years$1,061$608$332$175$90$7
48 years$1,027$580$312$162$82$6
49 years$995$554$293$150$74$5
50 years$964$529$276$138$68$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $987,000, adding $4,087 every year, while hoping to spend $29,086 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: 51/44/5 Blend
34$987,000$987,000$987,000$987,000
35$1,091,890$1,039,579$1,024,280$1,146,104
36$1,172,315$1,059,571$1,027,646$1,203,353
37$1,259,969$1,079,568$1,030,150$1,262,048
38$1,355,558$1,099,539$1,031,733$1,325,147
39$1,459,861$1,119,451$1,032,331$1,393,067
40$1,573,732$1,139,270$1,031,879$1,466,269
41$1,698,114$1,158,956$1,030,309$1,545,262
42$1,834,045$1,178,468$1,027,547$1,630,607
43$1,982,666$1,197,762$1,023,519$1,722,921
44$2,145,236$1,216,790$1,018,145$1,822,884
45$2,323,139$1,235,501$1,011,341$1,931,248
46$2,517,898$1,253,840$1,003,021$2,048,839
47$2,731,195$1,271,749$993,093$2,176,568
48$2,964,876$1,289,164$981,461$2,315,442
49$3,220,978$1,306,018$968,025$2,466,568
50$3,501,744$1,322,239$952,679$2,631,167
51$3,809,643$1,337,749$935,315$2,810,588
52$4,147,395$1,352,468$915,817$3,006,314
53$4,517,997$1,366,307$894,065$3,219,984
54$4,924,749$1,379,172$869,932$3,453,402
55$5,371,285$1,390,963$843,287$3,708,558
56$5,861,612$1,401,576$813,992$3,987,648
57$6,400,138$1,410,895$781,903$4,293,090
58$6,991,725$1,418,802$746,870$4,627,554
59$7,641,725$1,425,167$708,734$4,993,979
60$8,356,036$1,429,855$667,331$5,395,610
61$9,141,154$1,432,720$622,489$5,836,022
62$10,004,237$1,433,609$574,028$6,319,157
63$10,953,172$1,432,358$521,760$6,849,363
64$11,996,645$1,428,794$465,489$7,431,433
65$13,144,230$1,422,732$405,010$8,070,650
66$14,406,473$1,413,977$340,109$8,772,841
67$15,794,992$1,402,321$270,562$9,544,429
68$17,322,590$1,387,544$196,135$10,392,495
69$19,003,374$1,369,413$116,585$11,324,848
70$20,852,885$1,347,680$31,657$12,350,095
71$22,888,247$1,322,085$0$13,477,726
72$25,128,330$1,292,349$0$14,721,350
73$27,593,925$1,258,179$0$16,091,361
74$30,307,938$1,219,263$0$17,598,802
75$33,295,614$1,175,273$0$19,257,706
76$36,584,764$1,125,859$0$21,083,544
77$40,206,038$1,070,654$0$23,093,371
78$44,193,204$1,009,266$0$25,305,986
79$48,583,476$941,285$0$27,742,114
80$53,417,856$866,273$0$30,424,597
81$58,741,526$783,770$0$33,378,616
82$64,604,276$693,288$0$36,631,928
83$71,060,965$594,313$0$40,215,130
84$78,172,050$486,300$0$44,161,946
85$86,004,145$368,675$0$48,509,551
86$94,630,658$240,831$0$53,298,921
87$104,132,479$102,126$0$58,575,222
88$114,598,745$0$0$64,388,239
89$126,127,680$0$0$70,816,142
90$138,827,522$0$0$77,951,498
91$152,817,545$0$0$85,811,892
92$168,229,183$0$0$94,471,190
93$185,207,272$0$0$104,010,791
94$203,911,415$0$0$114,520,392
95$224,517,491$0$0$126,098,839
96$247,219,310$0$0$138,855,054
97$272,230,447$0$0$152,909,068
98$299,786,256$0$0$168,393,152
99$330,146,088$0$0$185,453,065
100$363,595,745$0$0$204,249,428