Can I retire at age 35 with 993,000?

Use the below retirement simulation to view the chances of a successful retirement.
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%19.5%
1 years$82,001$81,271$80,558$79,862$79,183$76,162
2 years$40,595$39,839$39,106$38,395$37,706$34,698
3 years$26,794$26,035$25,304$24,600$23,922$21,022
4 years$19,895$19,138$18,415$17,723$17,062$14,291
5 years$15,757$15,005$14,291$13,613$12,970$10,336
6 years$12,999$12,253$11,549$10,886$10,263$7,767
7 years$11,030$10,290$9,597$8,950$8,346$5,989
8 years$9,554$8,820$8,139$7,508$6,924$4,702
9 years$8,406$7,680$7,010$6,395$5,831$3,741
10 years$7,489$6,769$6,112$5,513$4,968$3,007
11 years$6,739$6,026$5,381$4,798$4,273$2,436
12 years$6,114$5,409$4,775$4,208$3,703$1,985
13 years$5,586$4,888$4,266$3,715$3,229$1,626
14 years$5,133$4,443$3,833$3,298$2,831$1,337
15 years$4,742$4,059$3,461$2,941$2,492$1,102
16 years$4,399$3,724$3,138$2,634$2,203$911
17 years$4,098$3,429$2,855$2,366$1,953$755
18 years$3,830$3,169$2,607$2,132$1,737$627
19 years$3,590$2,937$2,386$1,927$1,548$521
20 years$3,375$2,729$2,190$1,745$1,383$433
21 years$3,180$2,542$2,014$1,584$1,237$361
22 years$3,004$2,373$1,857$1,440$1,109$301
23 years$2,843$2,219$1,714$1,312$995$251
24 years$2,695$2,079$1,585$1,196$895$209
25 years$2,560$1,951$1,468$1,092$805$175
26 years$2,435$1,834$1,362$999$725$146
27 years$2,320$1,726$1,265$914$654$122
28 years$2,213$1,626$1,176$838$590$102
29 years$2,114$1,534$1,094$768$533$85
30 years$2,021$1,449$1,019$705$481$71
31 years$1,935$1,370$950$647$435$60
32 years$1,854$1,296$886$595$394$50
33 years$1,778$1,227$828$547$356$42
34 years$1,707$1,163$773$503$323$35
35 years$1,640$1,103$723$463$292$29
36 years$1,577$1,047$676$427$265$24
37 years$1,518$995$633$393$240$20
38 years$1,461$945$593$362$218$17
39 years$1,408$899$555$334$197$14
40 years$1,358$855$521$308$179$12
41 years$1,310$814$488$284$162$10
42 years$1,264$775$458$262$147$8
43 years$1,221$739$430$242$134$7
44 years$1,180$704$403$224$121$6
45 years$1,141$671$379$207$110$5
46 years$1,103$641$356$191$100$4
47 years$1,067$611$334$176$91$3
48 years$1,033$584$314$163$82$3
49 years$1,001$557$295$151$75$2
50 years$970$532$277$139$68$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $993,000, adding $5,176 every year, while hoping to spend $31,249 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: 44/29/27 Blend
34$993,000$993,000$993,000$993,000
35$1,099,625$1,046,996$1,031,605$1,139,193
36$1,178,538$1,065,050$1,032,915$1,185,944
37$1,264,453$1,082,942$1,033,221$1,233,202
38$1,358,051$1,100,629$1,032,458$1,283,827
39$1,460,081$1,118,070$1,030,554$1,338,149
40$1,571,369$1,135,215$1,027,438$1,396,535
41$1,692,823$1,152,014$1,023,031$1,459,388
42$1,825,442$1,168,414$1,017,254$1,527,152
43$1,970,327$1,184,356$1,010,021$1,600,321
44$2,128,689$1,199,778$1,001,246$1,679,439
45$2,301,861$1,214,613$990,833$1,765,106
46$2,491,313$1,228,791$978,688$1,857,985
47$2,698,660$1,242,235$964,707$1,958,810
48$2,925,683$1,254,865$948,785$2,068,388
49$3,174,344$1,266,594$930,810$2,187,614
50$3,446,800$1,277,330$910,665$2,317,475
51$3,745,430$1,286,976$888,229$2,459,058
52$4,072,853$1,295,426$863,374$2,613,567
53$4,431,952$1,302,570$835,965$2,782,330
54$4,825,905$1,308,290$805,864$2,966,811
55$5,258,211$1,312,460$772,924$3,168,629
56$5,732,724$1,314,947$736,993$3,389,570
57$6,253,691$1,315,607$697,910$3,631,604
58$6,825,786$1,314,291$655,510$3,896,907
59$7,454,164$1,310,839$609,616$4,187,879
60$8,144,499$1,305,080$560,049$4,507,170
61$8,903,043$1,296,834$506,616$4,857,705
62$9,736,684$1,285,910$449,118$5,242,708
63$10,653,011$1,272,105$387,349$5,665,741
64$11,660,384$1,255,204$321,091$6,130,730
65$12,768,013$1,234,979$250,117$6,642,010
66$13,986,046$1,211,188$174,192$7,204,361
67$15,325,663$1,183,576$93,067$7,823,058
68$16,799,181$1,151,872$6,485$8,503,919
69$18,420,172$1,115,789$0$9,253,363
70$20,203,590$1,075,023$0$10,103,220
71$22,165,910$1,029,253$0$11,040,152
72$24,325,286$978,140$0$12,070,987
73$26,701,720$921,323$0$13,205,313
74$29,317,250$858,422$0$14,453,701
75$32,196,161$789,036$0$15,827,802
76$35,365,210$712,740$0$17,340,460
77$38,853,881$629,084$0$19,005,833
78$42,694,661$537,593$0$20,839,531
79$46,923,348$437,766$0$22,858,755
80$51,579,386$329,074$0$25,082,472
81$56,706,241$210,956$0$27,531,584
82$62,351,806$82,822$0$30,229,134
83$68,568,858$0$0$33,200,521
84$75,415,549$0$0$36,491,598
85$82,955,962$0$0$40,145,402
86$91,260,709$0$0$44,169,742
87$100,407,603$0$0$48,602,345
88$110,482,387$0$0$53,484,782
89$121,579,545$0$0$58,862,866
90$133,803,193$0$0$64,787,077
91$147,268,064$0$0$71,313,043
92$162,100,585$0$0$78,502,066
93$178,440,075$0$0$86,421,694
94$196,440,058$0$0$95,146,365
95$216,269,711$0$0$104,758,107
96$238,115,460$0$0$115,347,312
97$262,182,743$0$0$127,013,587
98$288,697,942$0$0$139,866,699
99$317,910,528$0$0$154,027,607
100$350,095,407$0$0$169,629,605