Can I retire at age 35 with 993,000?

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 $993,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.1%
1 years$82,001$81,271$80,558$79,862$79,183$76,587
2 years$40,595$39,839$39,106$38,395$37,706$35,116
3 years$26,794$26,035$25,304$24,600$23,922$21,418
4 years$19,895$19,138$18,415$17,723$17,062$14,664
5 years$15,757$15,005$14,291$13,613$12,970$10,684
6 years$12,999$12,253$11,549$10,886$10,263$8,091
7 years$11,030$10,290$9,597$8,950$8,346$6,288
8 years$9,554$8,820$8,139$7,508$6,924$4,979
9 years$8,406$7,680$7,010$6,395$5,831$3,996
10 years$7,489$6,769$6,112$5,513$4,968$3,240
11 years$6,739$6,026$5,381$4,798$4,273$2,649
12 years$6,114$5,409$4,775$4,208$3,703$2,179
13 years$5,586$4,888$4,266$3,715$3,229$1,802
14 years$5,133$4,443$3,833$3,298$2,831$1,496
15 years$4,742$4,059$3,461$2,941$2,492$1,246
16 years$4,399$3,724$3,138$2,634$2,203$1,041
17 years$4,098$3,429$2,855$2,366$1,953$871
18 years$3,830$3,169$2,607$2,132$1,737$731
19 years$3,590$2,937$2,386$1,927$1,548$614
20 years$3,375$2,729$2,190$1,745$1,383$516
21 years$3,180$2,542$2,014$1,584$1,237$435
22 years$3,004$2,373$1,857$1,440$1,109$366
23 years$2,843$2,219$1,714$1,312$995$309
24 years$2,695$2,079$1,585$1,196$895$261
25 years$2,560$1,951$1,468$1,092$805$220
26 years$2,435$1,834$1,362$999$725$186
27 years$2,320$1,726$1,265$914$654$157
28 years$2,213$1,626$1,176$838$590$133
29 years$2,114$1,534$1,094$768$533$112
30 years$2,021$1,449$1,019$705$481$95
31 years$1,935$1,370$950$647$435$80
32 years$1,854$1,296$886$595$394$68
33 years$1,778$1,227$828$547$356$57
34 years$1,707$1,163$773$503$323$49
35 years$1,640$1,103$723$463$292$41
36 years$1,577$1,047$676$427$265$35
37 years$1,518$995$633$393$240$29
38 years$1,461$945$593$362$218$25
39 years$1,408$899$555$334$197$21
40 years$1,358$855$521$308$179$18
41 years$1,310$814$488$284$162$15
42 years$1,264$775$458$262$147$13
43 years$1,221$739$430$242$134$11
44 years$1,180$704$403$224$121$9
45 years$1,141$671$379$207$110$8
46 years$1,103$641$356$191$100$7
47 years$1,067$611$334$176$91$6
48 years$1,033$584$314$163$82$5
49 years$1,001$557$295$151$75$4
50 years$970$532$277$139$68$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $993,000, adding $6,389 every year, while hoping to spend $37,213 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: 44/38/18 Blend
34$993,000$993,000$993,000$993,000
35$1,100,876$1,048,247$1,032,856$1,143,329
36$1,173,571$1,060,017$1,027,862$1,185,551
37$1,252,434$1,071,116$1,021,454$1,227,109
38$1,338,054$1,081,473$1,013,545$1,271,371
39$1,431,081$1,091,010$1,004,043$1,318,604
40$1,532,227$1,099,646$992,855$1,369,104
41$1,642,278$1,107,292$979,879$1,423,198
42$1,762,098$1,113,857$965,013$1,481,249
43$1,892,638$1,119,242$948,146$1,543,658
44$2,034,942$1,123,340$929,165$1,610,869
45$2,190,164$1,126,041$907,949$1,683,374
46$2,359,569$1,127,226$884,374$1,761,717
47$2,544,553$1,126,767$858,308$1,846,498
48$2,746,650$1,124,533$829,615$1,938,385
49$2,967,553$1,120,378$798,151$2,038,112
50$3,209,120$1,114,154$763,766$2,146,496
51$3,473,403$1,105,700$726,305$2,264,436
52$3,762,656$1,094,845$685,602$2,392,928
53$4,079,364$1,081,410$641,487$2,533,074
54$4,426,263$1,065,203$593,781$2,686,090
55$4,806,367$1,046,023$542,297$2,853,323
56$5,222,992$1,023,654$486,840$3,036,260
57$5,679,795$997,870$427,207$3,236,544
58$6,180,799$968,431$363,183$3,455,991
59$6,730,438$935,081$294,547$3,696,610
60$7,333,594$897,553$221,066$3,960,616
61$7,995,648$855,559$142,499$4,250,459
62$8,722,522$808,800$58,591$4,568,846
63$9,520,744$756,956$0$4,918,764
64$10,397,504$699,691$0$5,309,460
65$11,360,721$636,647$0$5,751,028
66$12,419,120$567,448$0$6,236,283
67$13,582,313$491,696$0$6,769,727
68$14,860,890$408,970$0$7,356,327
69$16,266,517$318,826$0$8,001,562
70$17,812,047$220,794$0$8,711,477
71$19,511,641$114,378$0$9,492,740
72$21,380,900$0$0$10,352,706
73$23,437,015$0$0$11,299,886
74$25,698,925$0$0$12,394,616
75$28,187,496$0$0$13,599,187
76$30,925,721$0$0$14,924,744
77$33,938,933$0$0$16,383,569
78$37,255,044$0$0$17,989,193
79$40,904,810$0$0$19,756,528
80$44,922,119$0$0$21,702,003
81$49,344,312$0$0$23,843,721
82$54,212,533$0$0$26,201,630
83$59,572,118$0$0$28,797,710
84$65,473,022$0$0$31,656,181
85$71,970,293$0$0$34,803,730
86$79,124,584$0$0$38,269,766
87$87,002,732$0$0$42,086,694
88$95,678,387$0$0$46,290,221
89$105,232,701$0$0$50,919,693
90$115,755,101$0$0$56,018,470
91$127,344,129$0$0$61,634,329
92$140,108,371$0$0$67,819,918
93$154,167,483$0$0$74,633,251
94$169,653,318$0$0$82,138,259
95$186,711,172$0$0$90,405,390
96$205,501,154$0$0$99,512,271
97$226,199,694$0$0$109,544,449
98$249,001,215$0$0$120,596,190
99$274,119,960$0$0$132,771,372
100$301,792,015$0$0$146,184,465