Can I retire at age 35 with 991,000?

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 $991,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.8%
1 years$81,836$81,107$80,396$79,702$79,024$78,427
2 years$40,513$39,758$39,027$38,318$37,630$37,029
3 years$26,740$25,982$25,253$24,551$23,874$23,286
4 years$19,855$19,100$18,378$17,687$17,027$16,458
5 years$15,725$14,975$14,262$13,586$12,944$12,394
6 years$12,973$12,228$11,526$10,865$10,242$9,713
7 years$11,008$10,269$9,578$8,932$8,330$7,822
8 years$9,535$8,802$8,123$7,493$6,910$6,423
9 years$8,389$7,664$6,996$6,382$5,819$5,353
10 years$7,474$6,755$6,099$5,502$4,958$4,513
11 years$6,725$6,014$5,370$4,788$4,264$3,839
12 years$6,102$5,398$4,766$4,200$3,695$3,290
13 years$5,575$4,878$4,258$3,708$3,222$2,836
14 years$5,123$4,434$3,826$3,291$2,825$2,457
15 years$4,732$4,051$3,454$2,935$2,487$2,138
16 years$4,391$3,716$3,132$2,628$2,198$1,867
17 years$4,089$3,423$2,850$2,362$1,949$1,635
18 years$3,822$3,163$2,601$2,128$1,733$1,436
19 years$3,583$2,931$2,381$1,923$1,545$1,263
20 years$3,368$2,724$2,186$1,742$1,380$1,114
21 years$3,174$2,537$2,010$1,581$1,235$984
22 years$2,998$2,368$1,853$1,437$1,107$870
23 years$2,837$2,215$1,711$1,309$993$771
24 years$2,690$2,075$1,582$1,194$893$683
25 years$2,555$1,948$1,465$1,090$804$607
26 years$2,430$1,830$1,359$997$724$539
27 years$2,315$1,723$1,262$912$653$479
28 years$2,209$1,623$1,173$836$589$426
29 years$2,110$1,531$1,092$767$532$379
30 years$2,017$1,446$1,017$704$480$338
31 years$1,931$1,367$948$646$434$301
32 years$1,850$1,294$885$594$393$268
33 years$1,775$1,225$826$546$356$239
34 years$1,704$1,161$772$502$322$213
35 years$1,637$1,101$721$463$292$190
36 years$1,574$1,045$675$426$264$170
37 years$1,515$993$632$392$239$152
38 years$1,458$943$592$362$217$135
39 years$1,405$897$554$334$197$121
40 years$1,355$854$519$308$179$108
41 years$1,307$812$487$284$162$97
42 years$1,262$774$457$262$147$86
43 years$1,219$737$429$242$133$77
44 years$1,177$703$402$223$121$69
45 years$1,138$670$378$206$110$62
46 years$1,101$639$355$190$100$55
47 years$1,065$610$333$176$91$49
48 years$1,031$582$313$163$82$44
49 years$999$556$295$150$75$39
50 years$968$531$277$139$68$35

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $991,000, adding $4,141 every year, while hoping to spend $56,609 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: 56/22/22 Blend
34$991,000$991,000$991,000$991,000
35$1,096,353$1,043,830$1,028,470$1,150,999
36$1,147,950$1,034,747$1,002,692$1,179,737
37$1,202,912$1,023,320$974,154$1,204,673
38$1,261,523$1,009,377$942,702$1,230,621
39$1,324,094$992,732$908,178$1,257,696
40$1,390,965$973,189$870,415$1,286,023
41$1,462,508$950,541$829,239$1,315,747
42$1,539,134$924,567$784,468$1,347,027
43$1,621,290$895,035$735,912$1,380,044
44$1,709,468$861,699$683,372$1,414,999
45$1,804,210$824,297$626,641$1,452,118
46$1,906,106$782,555$565,500$1,491,654
47$2,015,809$736,180$499,725$1,533,891
48$2,134,033$684,865$429,077$1,579,144
49$2,261,563$628,282$353,310$1,627,768
50$2,399,262$566,087$272,165$1,680,155
51$2,548,077$497,915$185,372$1,736,745
52$2,709,050$423,382$92,652$1,798,030
53$2,883,326$342,081$0$1,864,554
54$3,072,163$253,581$0$1,938,404
55$3,276,946$157,429$0$2,042,086
56$3,499,197$53,146$0$2,154,655
57$3,740,590$0$0$2,277,026
58$4,002,966$0$0$2,424,684
59$4,288,350$0$0$2,599,364
60$4,598,972$0$0$2,789,572
61$4,937,283$0$0$2,996,821
62$5,305,982$0$0$3,222,775
63$5,708,039$0$0$3,469,266
64$6,146,722$0$0$3,738,308
65$6,625,630$0$0$4,032,120
66$7,148,722$0$0$4,353,145
67$7,720,359$0$0$4,704,072
68$8,345,341$0$0$5,087,861
69$9,028,953$0$0$5,507,771
70$9,777,013$0$0$5,967,393
71$10,595,929$0$0$6,470,677
72$11,492,756$0$0$7,021,976
73$12,475,266$0$0$7,626,084
74$13,552,014$0$0$8,288,278
75$14,732,425$0$0$9,014,373
76$16,026,879$0$0$9,810,771
77$17,446,806$0$0$10,684,525
78$19,004,800$0$0$11,643,403
79$20,714,729$0$0$12,695,963
80$22,591,872$0$0$13,851,628
81$24,653,056$0$0$15,120,783
82$26,916,821$0$0$16,514,864
83$29,403,588$0$0$18,046,473
84$32,135,855$0$0$19,729,489
85$35,138,406$0$0$21,579,204
86$38,438,545$0$0$23,612,465
87$42,066,352$0$0$25,847,833
88$46,054,969$0$0$28,305,755
89$50,440,908$0$0$31,008,761
90$55,264,394$0$0$33,981,672
91$60,569,749$0$0$37,251,835
92$66,405,804$0$0$40,849,382
93$72,826,362$0$0$44,807,512
94$79,890,703$0$0$49,162,802
95$87,664,143$0$0$53,955,558
96$96,218,647$0$0$59,230,186
97$105,633,513$0$0$65,035,618
98$115,996,114$0$0$71,425,768
99$127,402,720$0$0$78,460,044
100$139,959,414$0$0$86,203,905