Can I retire at age 35 with 989,000?

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 $989,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.4%
1 years$81,671$80,943$80,233$79,541$78,864$78,400
2 years$40,431$39,678$38,948$38,241$37,554$37,086
3 years$26,686$25,930$25,202$24,501$23,826$23,368
4 years$19,815$19,061$18,341$17,652$16,993$16,549
5 years$15,694$14,944$14,233$13,558$12,918$12,489
6 years$12,947$12,203$11,502$10,843$10,221$9,808
7 years$10,986$10,248$9,559$8,914$8,313$7,916
8 years$9,515$8,785$8,106$7,478$6,896$6,515
9 years$8,373$7,649$6,982$6,370$5,808$5,442
10 years$7,459$6,742$6,087$5,491$4,948$4,599
11 years$6,712$6,002$5,359$4,779$4,256$3,922
12 years$6,089$5,387$4,756$4,191$3,688$3,369
13 years$5,563$4,868$4,249$3,700$3,216$2,912
14 years$5,113$4,425$3,818$3,285$2,819$2,530
15 years$4,723$4,042$3,447$2,929$2,482$2,207
16 years$4,382$3,709$3,125$2,623$2,194$1,932
17 years$4,081$3,416$2,844$2,357$1,945$1,697
18 years$3,814$3,156$2,596$2,124$1,730$1,494
19 years$3,576$2,925$2,377$1,919$1,542$1,319
20 years$3,361$2,718$2,181$1,738$1,377$1,166
21 years$3,168$2,532$2,006$1,577$1,232$1,033
22 years$2,992$2,363$1,849$1,434$1,104$917
23 years$2,831$2,210$1,707$1,306$991$814
24 years$2,685$2,071$1,579$1,191$891$724
25 years$2,550$1,944$1,462$1,088$802$645
26 years$2,426$1,827$1,356$995$722$574
27 years$2,311$1,719$1,259$911$651$512
28 years$2,204$1,620$1,171$834$588$457
29 years$2,105$1,528$1,090$765$531$408
30 years$2,013$1,443$1,015$702$479$365
31 years$1,927$1,364$946$645$433$326
32 years$1,847$1,291$883$593$392$292
33 years$1,771$1,223$824$545$355$261
34 years$1,700$1,159$770$501$321$234
35 years$1,634$1,099$720$462$291$209
36 years$1,571$1,043$674$425$264$187
37 years$1,511$991$630$392$239$168
38 years$1,455$942$590$361$217$150
39 years$1,402$895$553$333$196$135
40 years$1,352$852$518$307$178$121
41 years$1,304$811$486$283$162$108
42 years$1,259$772$456$261$147$97
43 years$1,216$736$428$241$133$87
44 years$1,175$701$402$223$121$78
45 years$1,136$669$377$206$110$70
46 years$1,099$638$354$190$100$63
47 years$1,063$609$333$176$90$56
48 years$1,029$581$313$162$82$50
49 years$997$555$294$150$75$45
50 years$966$530$276$139$68$41

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $989,000, adding $4,241 every year, while hoping to spend $57,409 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: 69/9/22 Blend
34$989,000$989,000$989,000$989,000
35$1,094,253$1,041,836$1,026,506$1,163,445
36$1,144,784$1,031,803$999,811$1,200,229
37$1,198,545$1,019,354$970,298$1,233,380
38$1,255,805$1,004,311$937,812$1,268,276
39$1,316,858$986,484$902,189$1,305,085
40$1,382,027$965,671$863,262$1,343,996
41$1,451,665$941,660$820,853$1,385,217
42$1,526,159$914,226$774,776$1,428,979
43$1,605,934$883,129$724,838$1,475,538
44$1,691,456$848,119$670,836$1,525,180
45$1,783,234$808,927$612,559$1,578,218
46$1,881,831$765,271$549,786$1,635,004
47$1,987,860$716,852$482,287$1,695,924
48$2,101,999$663,354$409,820$1,761,407
49$2,224,987$604,443$332,134$1,831,929
50$2,357,641$539,766$248,965$1,908,017
51$2,500,855$468,950$160,041$1,990,254
52$2,655,614$391,599$65,073$2,079,285
53$2,822,997$307,298$0$2,175,826
54$3,004,194$215,607$0$2,289,183
55$3,200,510$116,060$0$2,428,571
56$3,413,381$8,166$0$2,579,745
57$3,644,388$0$0$2,743,855
58$3,895,267$0$0$2,932,925
59$4,167,929$0$0$3,139,340
60$4,464,476$0$0$3,363,887
61$4,787,220$0$0$3,608,325
62$5,138,706$0$0$3,874,587
63$5,521,735$0$0$4,164,801
64$5,939,386$0$0$4,481,310
65$6,395,054$0$0$4,826,692
66$6,892,469$0$0$5,203,783
67$7,435,742$0$0$5,615,708
68$8,029,397$0$0$6,065,905
69$8,678,413$0$0$6,558,161
70$9,388,275$0$0$7,096,642
71$10,165,019$0$0$7,685,940
72$11,015,294$0$0$8,331,107
73$11,946,421$0$0$9,037,709
74$12,966,461$0$0$9,811,874
75$14,084,293$0$0$10,660,353
76$15,309,694$0$0$11,590,578
77$16,653,433$0$0$12,610,736
78$18,127,371$0$0$13,729,845
79$19,744,572$0$0$14,957,836
80$21,519,427$0$0$16,305,651
81$23,467,785$0$0$17,785,339
82$25,607,108$0$0$19,410,175
83$27,956,628$0$0$21,194,783
84$30,537,533$0$0$23,155,271
85$33,373,164$0$0$25,309,385
86$36,489,235$0$0$27,676,676
87$39,914,073$0$0$30,278,681
88$43,678,888$0$0$33,139,128
89$47,818,061$0$0$36,284,160
90$52,369,474$0$0$39,742,577
91$57,374,861$0$0$43,546,112
92$62,880,203$0$0$47,729,727
93$68,936,164$0$0$52,331,940
94$75,598,561$0$0$57,395,192
95$82,928,897$0$0$62,966,247
96$90,994,934$0$0$69,096,627
97$99,871,337$0$0$75,843,101
98$109,640,372$0$0$83,268,223
99$120,392,687$0$0$91,440,915
100$132,228,162$0$0$100,437,120