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%15.9%
1 years$81,918$81,189$80,477$79,782$79,103$77,191
2 years$40,554$39,798$39,066$38,357$37,668$35,753
3 years$26,767$26,009$25,279$24,576$23,898$22,040
4 years$19,875$19,119$18,396$17,705$17,044$15,258
5 years$15,741$14,990$14,276$13,599$12,957$11,247
6 years$12,986$12,240$11,537$10,876$10,252$8,620
7 years$11,019$10,279$9,588$8,941$8,338$6,784
8 years$9,544$8,811$8,131$7,501$6,917$5,441
9 years$8,398$7,672$7,003$6,389$5,825$4,425
10 years$7,481$6,762$6,106$5,507$4,963$3,638
11 years$6,732$6,020$5,375$4,793$4,269$3,016
12 years$6,108$5,403$4,770$4,204$3,699$2,518
13 years$5,580$4,883$4,262$3,712$3,226$2,113
14 years$5,128$4,439$3,829$3,295$2,828$1,781
15 years$4,737$4,055$3,458$2,938$2,490$1,507
16 years$4,395$3,720$3,135$2,631$2,200$1,278
17 years$4,093$3,426$2,852$2,364$1,951$1,087
18 years$3,826$3,166$2,604$2,130$1,735$927
19 years$3,587$2,934$2,384$1,925$1,546$792
20 years$3,371$2,726$2,188$1,743$1,381$677
21 years$3,177$2,540$2,012$1,582$1,236$580
22 years$3,001$2,371$1,855$1,439$1,108$497
23 years$2,840$2,217$1,712$1,310$994$426
24 years$2,693$2,077$1,584$1,195$894$366
25 years$2,558$1,950$1,467$1,091$804$315
26 years$2,433$1,832$1,360$998$725$271
27 years$2,318$1,724$1,263$913$653$233
28 years$2,211$1,625$1,174$837$589$200
29 years$2,112$1,533$1,093$767$532$172
30 years$2,019$1,448$1,018$704$481$148
31 years$1,933$1,368$949$647$435$128
32 years$1,852$1,295$885$594$393$110
33 years$1,777$1,226$827$547$356$95
34 years$1,705$1,162$772$503$322$82
35 years$1,639$1,102$722$463$292$71
36 years$1,576$1,046$676$426$264$61
37 years$1,516$994$632$393$240$52
38 years$1,460$944$592$362$217$45
39 years$1,407$898$555$334$197$39
40 years$1,356$854$520$308$179$34
41 years$1,308$813$488$284$162$29
42 years$1,263$775$457$262$147$25
43 years$1,220$738$429$242$134$22
44 years$1,179$703$403$224$121$19
45 years$1,139$671$378$206$110$16
46 years$1,102$640$355$191$100$14
47 years$1,066$611$334$176$91$12
48 years$1,032$583$314$163$82$10
49 years$1,000$557$295$150$75$9
50 years$969$532$277$139$68$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $992,000, adding $6,653 every year, while hoping to spend $58,517 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: 64/18/18 Blend
34$992,000$992,000$992,000$992,000
35$1,100,047$1,047,471$1,032,095$1,165,075
36$1,149,990$1,036,535$1,004,408$1,198,622
37$1,203,066$1,023,102$973,833$1,227,989
38$1,259,533$1,006,988$940,210$1,258,678
39$1,319,672$987,998$903,375$1,290,823
40$1,383,794$965,925$863,153$1,324,568
41$1,452,235$940,550$819,363$1,360,079
42$1,525,368$911,641$771,816$1,397,538
43$1,603,597$878,954$720,314$1,437,148
44$1,687,369$842,228$664,650$1,479,136
45$1,777,173$801,189$604,607$1,523,755
46$1,873,543$755,546$539,960$1,571,287
47$1,977,069$704,992$470,474$1,622,044
48$2,088,396$649,203$395,901$1,676,374
49$2,208,233$587,834$315,984$1,734,666
50$2,337,358$520,523$230,454$1,797,350
51$2,476,627$446,887$139,032$1,864,905
52$2,626,977$366,519$41,425$1,937,861
53$2,789,442$278,992$0$2,016,810
54$2,965,156$183,853$0$2,114,457
55$3,155,365$80,625$0$2,228,753
56$3,361,440$0$0$2,352,605
57$3,584,887$0$0$2,493,154
58$3,827,365$0$0$2,663,060
59$4,090,695$0$0$2,847,638
60$4,376,882$0$0$3,048,300
61$4,688,132$0$0$3,266,602
62$5,026,871$0$0$3,504,252
63$5,395,768$0$0$3,763,134
64$5,797,762$0$0$4,045,317
65$6,236,085$0$0$4,353,080
66$6,714,297$0$0$4,688,932
67$7,236,313$0$0$5,055,634
68$7,806,445$0$0$5,456,225
69$8,429,440$0$0$5,894,052
70$9,110,523$0$0$6,372,797
71$9,855,446$0$0$6,896,517
72$10,670,544$0$0$7,469,678
73$11,562,792$0$0$8,097,197
74$12,539,871$0$0$8,784,491
75$13,610,239$0$0$9,537,521
76$14,783,210$0$0$10,362,857
77$16,069,043$0$0$11,267,731
78$17,479,037$0$0$12,260,110
79$19,025,634$0$0$13,348,768
80$20,722,543$0$0$14,543,370
81$22,584,859$0$0$15,854,562
82$24,629,213$0$0$17,294,070
83$26,873,923$0$0$18,874,812
84$29,339,169$0$0$20,611,017
85$32,047,178$0$0$22,518,361
86$35,022,440$0$0$24,614,112
87$38,291,933$0$0$26,917,294
88$41,885,375$0$0$29,448,866
89$45,835,509$0$0$32,231,917
90$50,178,409$0$0$35,291,887
91$54,953,817$0$0$38,656,801
92$60,205,518$0$0$42,357,539
93$65,981,755$0$0$46,428,120
94$72,335,679$0$0$50,906,030
95$79,325,853$0$0$55,832,567
96$87,016,800$0$0$61,253,235
97$95,479,615$0$0$67,218,173
98$104,792,630$0$0$73,782,624
99$115,042,158$0$0$81,007,456
100$126,323,298$0$0$88,959,740