Can I retire at age 35 with 992,000?

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 $992,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.8%
1 years$81,918$81,189$80,477$79,782$79,103$77,857
2 years$40,554$39,798$39,066$38,357$37,668$36,416
3 years$26,767$26,009$25,279$24,576$23,898$22,679
4 years$19,875$19,119$18,396$17,705$17,044$15,867
5 years$15,741$14,990$14,276$13,599$12,957$11,825
6 years$12,986$12,240$11,537$10,876$10,252$9,168
7 years$11,019$10,279$9,588$8,941$8,338$7,301
8 years$9,544$8,811$8,131$7,501$6,917$5,927
9 years$8,398$7,672$7,003$6,389$5,825$4,882
10 years$7,481$6,762$6,106$5,507$4,963$4,066
11 years$6,732$6,020$5,375$4,793$4,269$3,416
12 years$6,108$5,403$4,770$4,204$3,699$2,890
13 years$5,580$4,883$4,262$3,712$3,226$2,460
14 years$5,128$4,439$3,829$3,295$2,828$2,103
15 years$4,737$4,055$3,458$2,938$2,490$1,805
16 years$4,395$3,720$3,135$2,631$2,200$1,554
17 years$4,093$3,426$2,852$2,364$1,951$1,342
18 years$3,826$3,166$2,604$2,130$1,735$1,162
19 years$3,587$2,934$2,384$1,925$1,546$1,008
20 years$3,371$2,726$2,188$1,743$1,381$876
21 years$3,177$2,540$2,012$1,582$1,236$762
22 years$3,001$2,371$1,855$1,439$1,108$664
23 years$2,840$2,217$1,712$1,310$994$579
24 years$2,693$2,077$1,584$1,195$894$506
25 years$2,558$1,950$1,467$1,091$804$442
26 years$2,433$1,832$1,360$998$725$386
27 years$2,318$1,724$1,263$913$653$338
28 years$2,211$1,625$1,174$837$589$296
29 years$2,112$1,533$1,093$767$532$259
30 years$2,019$1,448$1,018$704$481$227
31 years$1,933$1,368$949$647$435$199
32 years$1,852$1,295$885$594$393$174
33 years$1,777$1,226$827$547$356$153
34 years$1,705$1,162$772$503$322$134
35 years$1,639$1,102$722$463$292$118
36 years$1,576$1,046$676$426$264$103
37 years$1,516$994$632$393$240$91
38 years$1,460$944$592$362$217$80
39 years$1,407$898$555$334$197$70
40 years$1,356$854$520$308$179$61
41 years$1,308$813$488$284$162$54
42 years$1,263$775$457$262$147$47
43 years$1,220$738$429$242$134$42
44 years$1,179$703$403$224$121$37
45 years$1,139$671$378$206$110$32
46 years$1,102$640$355$191$100$28
47 years$1,066$611$334$176$91$25
48 years$1,032$583$314$163$82$22
49 years$1,000$557$295$150$75$19
50 years$969$532$277$139$68$17

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $992,000, adding $4,164 every year, while hoping to spend $41,296 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: 81/9/10 Blend
34$992,000$992,000$992,000$992,000
35$1,097,479$1,044,903$1,029,527$1,184,295
36$1,165,483$1,052,165$1,020,078$1,249,065
37$1,239,040$1,058,398$1,008,928$1,314,284
38$1,318,672$1,063,509$995,976$1,384,638
39$1,404,953$1,067,398$981,119$1,460,619
40$1,498,517$1,069,959$964,244$1,542,771
41$1,600,056$1,071,078$945,237$1,631,690
42$1,710,337$1,070,636$923,978$1,728,036
43$1,830,199$1,068,504$900,339$1,832,534
44$1,960,567$1,064,549$874,188$1,945,983
45$2,102,460$1,058,626$845,388$2,069,263
46$2,256,995$1,050,584$813,793$2,203,345
47$2,425,406$1,040,260$779,252$2,349,298
48$2,609,048$1,027,483$741,607$2,508,299
49$2,809,413$1,012,072$700,693$2,681,647
50$3,028,144$993,834$656,338$2,870,772
51$3,267,049$972,566$608,359$3,077,250
52$3,528,118$948,052$556,570$3,302,819
53$3,813,543$920,064$500,772$3,549,391
54$4,125,737$888,359$440,760$3,819,078
55$4,467,355$852,682$376,319$4,114,204
56$4,841,324$812,762$307,224$4,437,331
57$5,250,864$768,312$233,240$4,791,284
58$5,699,522$719,029$154,124$5,179,176
59$6,191,205$664,594$69,619$5,604,437
60$6,730,215$604,666$0$6,070,847
61$7,321,290$538,888$0$6,584,769
62$7,969,650$466,882$0$7,156,671
63$8,681,043$388,248$0$7,784,210
64$9,461,800$302,563$0$8,472,999
65$10,318,896$209,381$0$9,229,220
66$11,260,013$108,230$0$10,059,686
67$12,293,616$0$0$10,971,906
68$13,429,025$0$0$11,974,288
69$14,676,513$0$0$13,087,419
70$16,047,392$0$0$14,310,680
71$17,554,129$0$0$15,655,196
72$19,210,454$0$0$17,133,225
73$21,031,497$0$0$18,758,271
74$23,033,927$0$0$20,545,212
75$25,236,106$0$0$22,510,438
76$27,658,269$0$0$24,672,011
77$30,322,707$0$0$27,049,827
78$33,253,981$0$0$29,665,811
79$36,479,153$0$0$32,544,118
80$40,028,041$0$0$35,711,362
81$43,933,497$0$0$39,196,869
82$48,231,723$0$0$43,032,951
83$52,962,603$0$0$47,255,210
84$58,170,086$0$0$51,902,875
85$63,902,600$0$0$57,019,174
86$70,213,505$0$0$62,651,734
87$77,161,595$0$0$68,853,038
88$84,811,660$0$0$75,680,916
89$93,235,089$0$0$83,199,091
90$102,510,545$0$0$91,477,780
91$112,724,711$0$0$100,594,355
92$123,973,101$0$0$110,634,075
93$136,360,966$0$0$121,690,887
94$150,004,287$0$0$133,868,317
95$165,030,862$0$0$147,280,441
96$181,581,522$0$0$162,052,964
97$199,811,450$0$0$178,324,408
98$219,891,653$0$0$196,247,413
99$242,010,569$0$0$215,990,182
100$266,375,847$0$0$237,738,069