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%17.3%
1 years$81,836$81,107$80,396$79,702$79,024$76,678
2 years$40,513$39,758$39,027$38,318$37,630$35,287
3 years$26,740$25,982$25,253$24,551$23,874$21,606
4 years$19,855$19,100$18,378$17,687$17,027$14,852
5 years$15,725$14,975$14,262$13,586$12,944$10,867
6 years$12,973$12,228$11,526$10,865$10,242$8,266
7 years$11,008$10,269$9,578$8,932$8,330$6,454
8 years$9,535$8,802$8,123$7,493$6,910$5,133
9 years$8,389$7,664$6,996$6,382$5,819$4,140
10 years$7,474$6,755$6,099$5,502$4,958$3,374
11 years$6,725$6,014$5,370$4,788$4,264$2,772
12 years$6,102$5,398$4,766$4,200$3,695$2,293
13 years$5,575$4,878$4,258$3,708$3,222$1,906
14 years$5,123$4,434$3,826$3,291$2,825$1,591
15 years$4,732$4,051$3,454$2,935$2,487$1,333
16 years$4,391$3,716$3,132$2,628$2,198$1,120
17 years$4,089$3,423$2,850$2,362$1,949$943
18 years$3,822$3,163$2,601$2,128$1,733$796
19 years$3,583$2,931$2,381$1,923$1,545$672
20 years$3,368$2,724$2,186$1,742$1,380$569
21 years$3,174$2,537$2,010$1,581$1,235$482
22 years$2,998$2,368$1,853$1,437$1,107$409
23 years$2,837$2,215$1,711$1,309$993$347
24 years$2,690$2,075$1,582$1,194$893$295
25 years$2,555$1,948$1,465$1,090$804$250
26 years$2,430$1,830$1,359$997$724$213
27 years$2,315$1,723$1,262$912$653$181
28 years$2,209$1,623$1,173$836$589$154
29 years$2,110$1,531$1,092$767$532$131
30 years$2,017$1,446$1,017$704$480$112
31 years$1,931$1,367$948$646$434$95
32 years$1,850$1,294$885$594$393$81
33 years$1,775$1,225$826$546$356$69
34 years$1,704$1,161$772$502$322$59
35 years$1,637$1,101$721$463$292$50
36 years$1,574$1,045$675$426$264$43
37 years$1,515$993$632$392$239$36
38 years$1,458$943$592$362$217$31
39 years$1,405$897$554$334$197$26
40 years$1,355$854$519$308$179$22
41 years$1,307$812$487$284$162$19
42 years$1,262$774$457$262$147$16
43 years$1,219$737$429$242$133$14
44 years$1,177$703$402$223$121$12
45 years$1,138$670$378$206$110$10
46 years$1,101$639$355$190$100$9
47 years$1,065$610$333$176$91$7
48 years$1,031$582$313$163$82$6
49 years$999$556$295$150$75$5
50 years$968$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 $991,000, adding $3,382 every year, while hoping to spend $45,378 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: 73/5/22 Blend
34$991,000$991,000$991,000$991,000
35$1,095,571$1,043,048$1,027,687$1,169,422
36$1,159,037$1,045,875$1,013,833$1,221,839
37$1,227,456$1,047,320$997,993$1,273,482
38$1,301,285$1,047,267$980,055$1,328,925
39$1,381,026$1,045,594$959,897$1,388,540
40$1,467,232$1,042,169$937,394$1,452,733
41$1,560,509$1,036,855$912,417$1,521,958
42$1,661,524$1,029,504$884,826$1,596,712
43$1,771,011$1,019,961$854,479$1,677,543
44$1,889,776$1,008,061$821,226$1,765,059
45$2,018,706$993,628$784,909$1,859,928
46$2,158,776$976,478$745,366$1,962,888
47$2,311,060$956,414$702,424$2,074,753
48$2,476,737$933,227$655,904$2,196,420
49$2,657,106$906,698$605,619$2,328,881
50$2,853,597$876,592$551,374$2,473,230
51$3,067,783$842,664$492,963$2,630,671
52$3,301,393$804,651$430,174$2,802,535
53$3,556,334$762,277$362,784$2,990,290
54$3,834,702$715,251$290,559$3,195,555
55$4,138,805$663,262$213,256$3,420,115
56$4,471,185$605,984$130,623$3,665,940
57$4,834,641$543,072$42,393$3,935,203
58$5,232,251$474,159$0$4,230,300
59$5,667,409$398,861$0$4,566,025
60$6,143,849$316,770$0$4,944,553
61$6,665,685$227,455$0$5,359,206
62$7,237,445$130,461$0$5,813,604
63$7,864,119$25,307$0$6,311,736
64$8,551,200$0$0$6,857,992
65$9,304,738$0$0$7,462,082
66$10,131,399$0$0$8,126,367
67$11,038,523$0$0$8,855,358
68$12,034,196$0$0$9,655,559
69$13,127,325$0$0$10,534,135
70$14,327,720$0$0$11,498,977
71$15,646,190$0$0$12,558,780
72$17,094,641$0$0$13,723,120
73$18,686,188$0$0$15,002,548
74$20,435,283$0$0$16,408,688
75$22,357,842$0$0$17,954,344
76$24,471,405$0$0$19,653,624
77$26,795,293$0$0$21,522,070
78$29,350,793$0$0$23,576,807
79$32,161,359$0$0$25,836,701
80$35,252,831$0$0$28,322,538
81$38,653,680$0$0$31,057,221
82$42,395,276$0$0$34,065,985
83$46,512,180$0$0$37,376,631
84$51,042,475$0$0$41,019,794
85$56,028,121$0$0$45,029,229
86$61,515,351$0$0$49,442,127
87$67,555,108$0$0$54,299,468
88$74,203,524$0$0$59,646,406
89$81,522,448$0$0$65,532,696
90$89,580,033$0$0$72,013,162
91$98,451,374$0$0$79,148,213
92$108,219,218$0$0$87,004,416
93$118,974,746$0$0$95,655,119
94$130,818,427$0$0$105,181,145
95$143,860,975$0$0$115,671,556
96$158,224,383$0$0$127,224,489
97$174,043,080$0$0$139,948,087
98$191,465,199$0$0$153,961,512
99$210,653,971$0$0$169,396,077
100$231,789,265$0$0$186,396,477