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%18.3%
1 years$81,506$80,780$80,071$79,380$78,705$76,064
2 years$40,349$39,598$38,870$38,163$37,478$34,844
3 years$26,632$25,878$25,151$24,452$23,778$21,232
4 years$19,775$19,023$18,304$17,616$16,959$14,521
5 years$15,662$14,914$14,204$13,531$12,892$10,569
6 years$12,921$12,178$11,479$10,821$10,201$7,995
7 years$10,963$10,227$9,539$8,896$8,296$6,207
8 years$9,496$8,767$8,090$7,463$6,882$4,908
9 years$8,356$7,633$6,968$6,357$5,796$3,934
10 years$7,444$6,728$6,075$5,480$4,938$3,186
11 years$6,698$5,990$5,348$4,769$4,247$2,601
12 years$6,077$5,376$4,746$4,183$3,680$2,137
13 years$5,552$4,858$4,241$3,693$3,209$1,765
14 years$5,102$4,416$3,810$3,278$2,813$1,463
15 years$4,713$4,034$3,440$2,924$2,477$1,217
16 years$4,373$3,701$3,119$2,618$2,189$1,015
17 years$4,073$3,409$2,838$2,352$1,941$848
18 years$3,806$3,150$2,591$2,120$1,726$710
19 years$3,568$2,919$2,372$1,915$1,538$596
20 years$3,355$2,713$2,177$1,735$1,374$500
21 years$3,161$2,527$2,002$1,574$1,230$421
22 years$2,986$2,359$1,845$1,431$1,102$354
23 years$2,826$2,206$1,704$1,304$989$298
24 years$2,679$2,067$1,576$1,189$889$251
25 years$2,545$1,940$1,459$1,086$800$212
26 years$2,421$1,823$1,354$993$721$178
27 years$2,306$1,716$1,257$909$650$151
28 years$2,200$1,617$1,168$833$586$127
29 years$2,101$1,525$1,087$764$530$107
30 years$2,009$1,440$1,013$701$478$91
31 years$1,923$1,362$944$644$433$76
32 years$1,843$1,288$881$591$391$65
33 years$1,768$1,220$823$544$354$55
34 years$1,697$1,156$769$500$321$46
35 years$1,630$1,097$719$461$290$39
36 years$1,568$1,041$672$424$263$33
37 years$1,508$989$629$391$238$28
38 years$1,452$940$589$360$216$23
39 years$1,400$893$552$332$196$20
40 years$1,349$850$517$306$178$17
41 years$1,302$809$485$283$161$14
42 years$1,257$771$455$261$146$12
43 years$1,214$734$427$241$133$10
44 years$1,173$700$401$222$121$9
45 years$1,134$667$376$205$109$7
46 years$1,097$637$354$190$99$6
47 years$1,061$608$332$175$90$5
48 years$1,027$580$312$162$82$4
49 years$995$554$293$150$74$4
50 years$964$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 $987,000, adding $5,937 every year, while hoping to spend $32,155 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: 57/19/24 Blend
34$987,000$987,000$987,000$987,000
35$1,093,798$1,041,487$1,026,189$1,148,711
36$1,171,153$1,058,307$1,026,353$1,203,738
37$1,255,320$1,074,874$1,025,446$1,259,765
38$1,346,961$1,091,141$1,023,396$1,320,146
39$1,446,802$1,107,058$1,020,131$1,385,310
40$1,555,644$1,122,572$1,015,574$1,455,729
41$1,674,368$1,137,627$1,009,644$1,531,926
42$1,803,944$1,152,161$1,002,257$1,614,477
43$1,945,438$1,166,108$993,325$1,704,018
44$2,100,026$1,179,401$982,754$1,801,249
45$2,269,000$1,191,963$970,448$1,906,944
46$2,453,785$1,203,716$956,305$2,021,957
47$2,655,949$1,214,576$940,219$2,147,229
48$2,877,217$1,224,451$922,078$2,283,800
49$3,119,491$1,233,248$901,765$2,432,815
50$3,384,864$1,240,862$879,160$2,595,539
51$3,675,642$1,247,186$854,133$2,773,366
52$3,994,363$1,252,103$826,552$2,967,836
53$4,343,823$1,255,491$796,277$3,180,645
54$4,727,103$1,257,220$763,161$3,413,667
55$5,147,593$1,257,149$727,053$3,668,966
56$5,609,031$1,255,133$687,793$3,948,820
57$6,115,531$1,251,014$645,213$4,255,742
58$6,671,628$1,244,626$599,140$4,592,503
59$7,282,314$1,235,793$549,391$4,962,160
60$7,953,091$1,224,327$495,776$5,368,084
61$8,690,018$1,210,031$438,097$5,813,993
62$9,499,772$1,192,695$376,145$6,303,986
63$10,389,707$1,172,095$309,705$6,842,587
64$11,367,925$1,147,996$238,548$7,434,780
65$12,443,354$1,120,148$162,440$8,086,065
66$13,625,827$1,088,287$81,133$8,802,506
67$14,926,180$1,052,131$0$9,590,789
68$16,356,350$1,011,386$0$10,459,731
69$17,929,491$965,736$0$11,438,283
70$19,660,092$914,850$0$12,514,683
71$21,564,121$858,378$0$13,698,891
72$23,659,170$795,947$0$15,001,882
73$25,964,623$727,166$0$16,435,752
74$28,501,837$651,620$0$18,013,835
75$31,294,345$568,869$0$19,750,823
76$34,368,075$478,452$0$21,662,912
77$37,751,601$379,877$0$23,767,950
78$41,476,402$272,629$0$26,085,607
79$45,577,168$156,161$0$28,637,565
80$50,092,123$29,897$0$31,447,718
81$55,063,385$0$0$34,542,399
82$60,537,365$0$0$37,972,955
83$66,565,202$0$0$41,757,612
84$73,203,249$0$0$45,925,513
85$80,513,601$0$0$50,515,662
86$88,564,683$0$0$55,571,037
87$97,431,894$0$0$61,138,997
88$107,198,319$0$0$67,271,731
89$117,955,514$0$0$74,026,745
90$129,804,366$0$0$81,467,409
91$142,856,049$0$0$89,663,554
92$157,233,070$0$0$98,692,129
93$173,070,426$0$0$108,637,931
94$190,516,880$0$0$119,594,399
95$209,736,361$0$0$131,664,502
96$230,909,511$0$0$144,961,706
97$254,235,394$0$0$159,611,050
98$279,933,370$0$0$175,750,319
99$308,245,167$0$0$193,531,350
100$339,437,164$0$0$213,121,463