Can I retire at age 35 with 991,000?

Use the below retirement simulation to view the chances of a successful retirement.
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%19.8%
1 years$81,836$81,107$80,396$79,702$79,024$75,918
2 years$40,513$39,758$39,027$38,318$37,630$34,540
3 years$26,740$25,982$25,253$24,551$23,874$20,896
4 years$19,855$19,100$18,378$17,687$17,027$14,184
5 years$15,725$14,975$14,262$13,586$12,944$10,242
6 years$12,973$12,228$11,526$10,865$10,242$7,684
7 years$11,008$10,269$9,578$8,932$8,330$5,914
8 years$9,535$8,802$8,123$7,493$6,910$4,635
9 years$8,389$7,664$6,996$6,382$5,819$3,682
10 years$7,474$6,755$6,099$5,502$4,958$2,954
11 years$6,725$6,014$5,370$4,788$4,264$2,388
12 years$6,102$5,398$4,766$4,200$3,695$1,942
13 years$5,575$4,878$4,258$3,708$3,222$1,587
14 years$5,123$4,434$3,826$3,291$2,825$1,302
15 years$4,732$4,051$3,454$2,935$2,487$1,072
16 years$4,391$3,716$3,132$2,628$2,198$884
17 years$4,089$3,423$2,850$2,362$1,949$731
18 years$3,822$3,163$2,601$2,128$1,733$605
19 years$3,583$2,931$2,381$1,923$1,545$502
20 years$3,368$2,724$2,186$1,742$1,380$417
21 years$3,174$2,537$2,010$1,581$1,235$346
22 years$2,998$2,368$1,853$1,437$1,107$288
23 years$2,837$2,215$1,711$1,309$993$240
24 years$2,690$2,075$1,582$1,194$893$199
25 years$2,555$1,948$1,465$1,090$804$166
26 years$2,430$1,830$1,359$997$724$138
27 years$2,315$1,723$1,262$912$653$115
28 years$2,209$1,623$1,173$836$589$96
29 years$2,110$1,531$1,092$767$532$80
30 years$2,017$1,446$1,017$704$480$67
31 years$1,931$1,367$948$646$434$56
32 years$1,850$1,294$885$594$393$47
33 years$1,775$1,225$826$546$356$39
34 years$1,704$1,161$772$502$322$32
35 years$1,637$1,101$721$463$292$27
36 years$1,574$1,045$675$426$264$23
37 years$1,515$993$632$392$239$19
38 years$1,458$943$592$362$217$16
39 years$1,405$897$554$334$197$13
40 years$1,355$854$519$308$179$11
41 years$1,307$812$487$284$162$9
42 years$1,262$774$457$262$147$8
43 years$1,219$737$429$242$133$6
44 years$1,177$703$402$223$121$5
45 years$1,138$670$378$206$110$4
46 years$1,101$639$355$190$100$4
47 years$1,065$610$333$176$91$3
48 years$1,031$582$313$163$82$3
49 years$999$556$295$150$75$2
50 years$968$531$277$139$68$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $991,000, adding $6,704 every year, while hoping to spend $24,599 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: 45/38/17 Blend
34$991,000$991,000$991,000$991,000
35$1,098,997$1,046,474$1,031,114$1,142,814
36$1,184,922$1,071,578$1,039,483$1,199,225
37$1,278,786$1,097,088$1,047,308$1,257,374
38$1,381,374$1,122,997$1,054,545$1,319,906
39$1,493,549$1,149,299$1,061,147$1,387,240
40$1,616,261$1,175,984$1,067,065$1,459,833
41$1,750,556$1,203,044$1,072,248$1,538,193
42$1,897,587$1,230,467$1,076,642$1,622,877
43$2,058,622$1,258,241$1,080,191$1,714,498
44$2,235,057$1,286,351$1,082,833$1,813,734
45$2,428,433$1,314,782$1,084,508$1,921,331
46$2,640,443$1,343,516$1,085,149$2,038,109
47$2,872,954$1,372,534$1,084,687$2,164,976
48$3,128,021$1,401,814$1,083,050$2,302,930
49$3,407,909$1,431,333$1,080,162$2,453,070
50$3,715,112$1,461,064$1,075,943$2,616,608
51$4,052,376$1,490,980$1,070,311$2,794,882
52$4,422,729$1,521,048$1,063,177$2,989,365
53$4,829,504$1,551,236$1,054,449$3,201,679
54$5,276,372$1,581,505$1,044,033$3,433,616
55$5,767,381$1,611,818$1,031,826$3,687,147
56$6,306,986$1,642,129$1,017,725$3,964,446
57$6,900,098$1,672,393$1,001,618$4,267,912
58$7,552,126$1,702,558$983,390$4,600,186
59$8,269,030$1,732,570$962,920$4,964,180
60$9,057,375$1,762,371$940,083$5,363,105
61$9,924,396$1,791,895$914,744$5,800,500
62$10,878,063$1,821,077$886,767$6,280,266
63$11,927,158$1,849,842$856,005$6,806,703
64$13,081,355$1,878,111$822,309$7,384,552
65$14,351,316$1,905,801$785,519$8,019,037
66$15,748,786$1,932,822$745,470$8,715,919
67$17,286,708$1,959,075$701,988$9,481,547
68$18,979,341$1,984,459$654,894$10,322,920
69$20,842,399$2,008,863$603,998$11,247,752
70$22,893,194$2,032,168$549,103$12,264,547
71$25,150,804$2,054,248$490,002$13,382,680
72$27,636,249$2,074,969$426,480$14,612,483
73$30,372,691$2,094,187$358,312$15,965,346
74$33,385,653$2,111,750$285,263$17,453,822
75$36,703,258$2,127,494$207,087$19,091,752
76$40,356,496$2,141,246$123,530$20,894,387
77$44,379,512$2,152,822$34,322$22,878,542
78$48,809,937$2,162,024$0$25,062,749
79$53,689,231$2,168,644$0$27,478,478
80$59,063,085$2,172,460$0$30,144,563
81$64,981,845$2,173,235$0$33,079,645
82$71,500,989$2,170,720$0$36,311,135
83$78,681,653$2,164,648$0$39,869,244
84$86,591,203$2,154,737$0$43,787,265
85$95,303,873$2,140,687$0$48,101,893
86$104,901,468$2,122,180$0$52,853,565
87$115,474,130$2,098,879$0$58,086,850
88$127,121,193$2,070,427$0$63,850,864
89$139,952,122$2,036,445$0$70,199,739
90$154,087,539$1,996,531$0$77,193,132
91$169,660,368$1,950,261$0$84,896,790
92$186,817,087$1,897,185$0$93,383,171
93$205,719,108$1,836,826$0$102,732,129
94$226,544,307$1,768,679$0$113,031,671
95$249,488,693$1,692,212$0$124,378,785
96$274,768,269$1,606,859$0$136,880,362
97$302,621,060$1,512,024$0$150,654,198
98$333,309,369$1,407,074$0$165,830,119
99$367,122,246$1,291,341$0$182,551,196
100$404,378,219$1,164,121$0$200,975,107