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%14.2%
1 years$81,918$81,189$80,477$79,782$79,103$77,729
2 years$40,554$39,798$39,066$38,357$37,668$36,288
3 years$26,767$26,009$25,279$24,576$23,898$22,555
4 years$19,875$19,119$18,396$17,705$17,044$15,749
5 years$15,741$14,990$14,276$13,599$12,957$11,713
6 years$12,986$12,240$11,537$10,876$10,252$9,061
7 years$11,019$10,279$9,588$8,941$8,338$7,199
8 years$9,544$8,811$8,131$7,501$6,917$5,831
9 years$8,398$7,672$7,003$6,389$5,825$4,791
10 years$7,481$6,762$6,106$5,507$4,963$3,981
11 years$6,732$6,020$5,375$4,793$4,269$3,336
12 years$6,108$5,403$4,770$4,204$3,699$2,815
13 years$5,580$4,883$4,262$3,712$3,226$2,390
14 years$5,128$4,439$3,829$3,295$2,828$2,038
15 years$4,737$4,055$3,458$2,938$2,490$1,744
16 years$4,395$3,720$3,135$2,631$2,200$1,498
17 years$4,093$3,426$2,852$2,364$1,951$1,290
18 years$3,826$3,166$2,604$2,130$1,735$1,113
19 years$3,587$2,934$2,384$1,925$1,546$963
20 years$3,371$2,726$2,188$1,743$1,381$834
21 years$3,177$2,540$2,012$1,582$1,236$724
22 years$3,001$2,371$1,855$1,439$1,108$628
23 years$2,840$2,217$1,712$1,310$994$546
24 years$2,693$2,077$1,584$1,195$894$476
25 years$2,558$1,950$1,467$1,091$804$414
26 years$2,433$1,832$1,360$998$725$361
27 years$2,318$1,724$1,263$913$653$315
28 years$2,211$1,625$1,174$837$589$275
29 years$2,112$1,533$1,093$767$532$240
30 years$2,019$1,448$1,018$704$481$209
31 years$1,933$1,368$949$647$435$183
32 years$1,852$1,295$885$594$393$160
33 years$1,777$1,226$827$547$356$140
34 years$1,705$1,162$772$503$322$122
35 years$1,639$1,102$722$463$292$107
36 years$1,576$1,046$676$426$264$93
37 years$1,516$994$632$393$240$82
38 years$1,460$944$592$362$217$72
39 years$1,407$898$555$334$197$63
40 years$1,356$854$520$308$179$55
41 years$1,308$813$488$284$162$48
42 years$1,263$775$457$262$147$42
43 years$1,220$738$429$242$134$37
44 years$1,179$703$403$224$121$32
45 years$1,139$671$378$206$110$28
46 years$1,102$640$355$191$100$25
47 years$1,066$611$334$176$91$22
48 years$1,032$583$314$163$82$19
49 years$1,000$557$295$150$75$17
50 years$969$532$277$139$68$14

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $992,000, adding $2,259 every year, while hoping to spend $35,845 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: 47/32/21 Blend
34$992,000$992,000$992,000$992,000
35$1,095,514$1,042,938$1,027,562$1,140,356
36$1,169,118$1,055,903$1,023,847$1,184,884
37$1,249,028$1,068,302$1,018,805$1,229,425
38$1,335,849$1,080,070$1,012,356$1,277,031
39$1,430,248$1,091,136$1,004,412$1,328,005
40$1,532,957$1,101,425$994,884$1,382,681
41$1,644,783$1,110,859$983,676$1,441,431
42$1,766,611$1,119,352$970,690$1,504,662
43$1,899,420$1,126,814$955,822$1,572,829
44$2,044,281$1,133,149$938,964$1,646,432
45$2,202,380$1,138,255$920,000$1,726,024
46$2,375,016$1,142,022$898,814$1,812,218
47$2,563,622$1,144,337$875,279$1,905,690
48$2,769,777$1,145,074$849,266$2,007,187
49$2,995,217$1,144,105$820,639$2,117,536
50$3,241,853$1,141,291$789,254$2,237,649
51$3,511,792$1,136,483$754,964$2,368,537
52$3,807,351$1,129,528$717,612$2,511,312
53$4,131,084$1,120,258$677,035$2,667,208
54$4,485,803$1,108,499$633,064$2,837,584
55$4,874,603$1,094,064$585,520$3,023,943
56$5,300,895$1,076,756$534,218$3,227,946
57$5,768,436$1,056,365$478,963$3,451,425
58$6,281,361$1,032,672$419,553$3,696,404
59$6,844,227$1,005,441$355,776$3,965,121
60$7,462,055$974,423$287,410$4,260,042
61$8,140,371$939,357$214,226$4,583,893
62$8,885,268$899,964$135,981$4,939,684
63$9,703,453$855,950$52,424$5,330,735
64$10,602,317$807,004$0$5,760,714
65$11,590,003$752,796$0$6,241,902
66$12,675,479$692,980$0$6,783,602
67$13,868,628$627,186$0$7,379,049
68$15,180,336$555,025$0$8,033,753
69$16,622,597$476,088$0$8,753,785
70$18,208,625$389,940$0$9,545,845
71$19,952,980$296,122$0$10,417,319
72$21,871,702$194,150$0$11,376,351
73$23,982,464$83,512$0$12,431,923
74$26,304,739$0$0$13,593,939
75$28,859,982$0$0$14,886,113
76$31,671,833$0$0$16,340,542
77$34,766,340$0$0$17,941,308
78$38,172,201$0$0$19,703,274
79$41,921,040$0$0$21,642,817
80$46,047,702$0$0$23,777,983
81$50,590,581$0$0$26,128,655
82$55,591,983$0$0$28,716,743
83$61,098,525$0$0$31,566,389
84$67,161,574$0$0$34,704,197
85$73,837,729$0$0$38,159,478
86$81,189,361$0$0$41,964,536
87$89,285,196$0$0$46,154,962
88$98,200,963$0$0$50,769,978
89$108,020,112$0$0$55,852,802
90$118,834,597$0$0$61,451,060
91$130,745,747$0$0$67,617,230
92$143,865,221$0$0$74,409,142
93$158,316,058$0$0$81,890,519
94$174,233,842$0$0$90,131,584
95$191,767,982$0$0$99,209,717
96$211,083,116$0$0$109,210,188
97$232,360,669$0$0$120,226,961
98$255,800,566$0$0$132,363,580
99$281,623,115$0$0$145,734,149
100$310,071,086$0$0$160,464,405