Can I retire at age 35 with 990,000?

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 $990,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.3%
1 years$81,753$81,025$80,315$79,621$78,944$76,601
2 years$40,472$39,718$38,988$38,279$37,592$35,251
3 years$26,713$25,956$25,228$24,526$23,850$21,584
4 years$19,835$19,081$18,359$17,670$17,010$14,837
5 years$15,710$14,959$14,248$13,572$12,931$10,856
6 years$12,960$12,215$11,514$10,854$10,232$8,257
7 years$10,997$10,259$9,568$8,923$8,321$6,447
8 years$9,525$8,793$8,115$7,486$6,903$5,128
9 years$8,381$7,656$6,989$6,376$5,813$4,136
10 years$7,466$6,749$6,093$5,496$4,953$3,371
11 years$6,718$6,008$5,364$4,783$4,260$2,770
12 years$6,095$5,392$4,761$4,196$3,692$2,291
13 years$5,569$4,873$4,253$3,704$3,219$1,904
14 years$5,118$4,430$3,822$3,288$2,822$1,590
15 years$4,727$4,046$3,451$2,932$2,485$1,332
16 years$4,386$3,713$3,128$2,626$2,196$1,119
17 years$4,085$3,419$2,847$2,359$1,947$942
18 years$3,818$3,159$2,599$2,126$1,731$795
19 years$3,579$2,928$2,379$1,921$1,543$672
20 years$3,365$2,721$2,183$1,740$1,378$568
21 years$3,171$2,534$2,008$1,579$1,233$481
22 years$2,995$2,366$1,851$1,436$1,106$408
23 years$2,834$2,213$1,709$1,308$992$346
24 years$2,687$2,073$1,581$1,193$892$294
25 years$2,552$1,946$1,464$1,089$803$250
26 years$2,428$1,829$1,358$996$723$213
27 years$2,313$1,721$1,261$912$652$181
28 years$2,206$1,622$1,172$835$588$154
29 years$2,107$1,530$1,091$766$531$131
30 years$2,015$1,445$1,016$703$480$111
31 years$1,929$1,366$947$646$434$95
32 years$1,848$1,292$884$593$392$81
33 years$1,773$1,224$825$546$355$69
34 years$1,702$1,160$771$502$322$59
35 years$1,635$1,100$721$462$291$50
36 years$1,572$1,044$674$426$264$43
37 years$1,513$992$631$392$239$36
38 years$1,457$942$591$361$217$31
39 years$1,404$896$554$333$197$26
40 years$1,353$853$519$307$178$22
41 years$1,306$812$487$284$162$19
42 years$1,260$773$456$262$147$16
43 years$1,217$737$428$242$133$14
44 years$1,176$702$402$223$121$12
45 years$1,137$669$378$206$110$10
46 years$1,100$639$355$190$100$9
47 years$1,064$609$333$176$91$7
48 years$1,030$582$313$162$82$6
49 years$998$556$294$150$75$5
50 years$967$531$277$139$68$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $990,000, adding $4,753 every year, while hoping to spend $28,230 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: 57/30/13 Blend
34$990,000$990,000$990,000$990,000
35$1,095,883$1,043,413$1,028,068$1,154,477
36$1,177,626$1,064,503$1,032,471$1,215,750
37$1,266,761$1,085,681$1,036,077$1,278,961
38$1,364,013$1,106,921$1,038,827$1,347,178
39$1,470,177$1,128,195$1,040,662$1,420,883
40$1,586,131$1,149,473$1,041,520$1,500,610
41$1,712,841$1,170,722$1,041,337$1,586,947
42$1,851,371$1,191,908$1,040,042$1,680,542
43$2,002,892$1,212,992$1,037,564$1,782,108
44$2,168,692$1,233,934$1,033,827$1,892,433
45$2,350,191$1,254,689$1,028,753$2,012,383
46$2,548,952$1,275,211$1,022,258$2,142,915
47$2,766,697$1,295,447$1,014,255$2,285,082
48$3,005,321$1,315,345$1,004,653$2,440,046
49$3,266,912$1,334,845$993,357$2,609,086
50$3,553,769$1,353,884$980,267$2,793,615
51$3,868,424$1,372,396$965,277$2,995,187
52$4,213,668$1,390,308$948,278$3,215,518
53$4,592,573$1,407,544$929,157$3,456,498
54$5,008,524$1,424,021$907,791$3,720,212
55$5,465,247$1,439,653$884,056$4,008,956
56$5,966,851$1,454,344$857,821$4,325,264
57$6,517,859$1,467,996$828,947$4,671,927
58$7,123,255$1,480,503$797,291$5,052,023
59$7,788,530$1,491,750$762,703$5,468,946
60$8,519,732$1,501,618$725,025$5,926,435
61$9,323,525$1,509,977$684,094$6,428,615
62$10,207,250$1,516,692$639,737$6,980,030
63$11,178,996$1,521,616$591,774$7,585,692
64$12,247,674$1,524,596$540,020$8,251,124
65$13,423,103$1,525,467$484,276$8,982,417
66$14,716,099$1,524,055$424,339$9,786,282
67$16,138,582$1,520,175$359,996$10,670,120
68$17,703,684$1,513,630$291,022$11,642,087
69$19,425,874$1,504,211$217,185$12,711,176
70$21,321,094$1,491,699$138,242$13,887,299
71$23,406,911$1,475,857$53,938$15,181,381
72$25,702,679$1,456,438$0$16,605,468
73$28,229,726$1,433,177$0$18,177,832
74$31,011,552$1,405,796$0$19,916,421
75$34,074,048$1,373,998$0$21,829,915
76$37,445,748$1,337,471$0$23,936,138
77$41,158,091$1,295,883$0$26,254,734
78$45,245,717$1,248,883$0$28,807,352
79$49,746,801$1,196,099$0$31,617,853
80$54,703,405$1,137,138$0$34,712,534
81$60,161,879$1,071,584$0$38,120,378
82$66,173,297$998,999$0$41,873,330
83$72,793,940$918,916$0$46,006,593
84$80,085,823$830,845$0$50,558,968
85$88,117,286$734,265$0$55,573,218
86$96,963,634$628,629$0$61,096,472
87$106,707,848$513,355$0$67,180,671
88$117,441,371$387,831$0$73,883,061
89$129,264,967$251,411$0$81,266,731
90$142,289,673$103,410$0$89,401,215
91$156,637,850$0$0$98,363,142
92$172,444,331$0$0$108,255,751
93$189,857,700$0$0$119,191,786
94$209,041,691$0$0$131,239,957
95$230,176,731$0$0$144,513,595
96$253,461,648$0$0$159,137,590
97$279,115,544$0$0$175,249,566
98$307,379,863$0$0$193,001,182
99$338,520,670$0$0$212,559,562
100$372,831,163$0$0$234,108,872