Can I retire at age 35 with 994,000?

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 $994,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.3%
1 years$82,084$81,352$80,639$79,943$79,263$77,536
2 years$40,635$39,879$39,145$38,434$37,744$36,013
3 years$26,821$26,061$25,330$24,625$23,947$22,265
4 years$19,915$19,158$18,433$17,741$17,079$15,460
5 years$15,773$15,020$14,305$13,627$12,983$11,432
6 years$13,012$12,265$11,561$10,897$10,273$8,791
7 years$11,041$10,300$9,607$8,959$8,355$6,942
8 years$9,564$8,829$8,147$7,516$6,931$5,587
9 years$8,415$7,687$7,017$6,402$5,837$4,560
10 years$7,496$6,776$6,118$5,518$4,973$3,763
11 years$6,745$6,032$5,386$4,803$4,277$3,132
12 years$6,120$5,414$4,780$4,213$3,707$2,624
13 years$5,591$4,893$4,271$3,719$3,232$2,211
14 years$5,139$4,447$3,837$3,301$2,833$1,872
15 years$4,747$4,063$3,464$2,944$2,495$1,590
16 years$4,404$3,728$3,141$2,636$2,205$1,355
17 years$4,102$3,433$2,858$2,369$1,955$1,158
18 years$3,833$3,172$2,609$2,135$1,738$991
19 years$3,594$2,940$2,389$1,929$1,549$850
20 years$3,378$2,732$2,192$1,747$1,384$730
21 years$3,184$2,545$2,016$1,585$1,238$628
22 years$3,007$2,375$1,858$1,442$1,110$541
23 years$2,846$2,222$1,716$1,313$996$467
24 years$2,698$2,082$1,587$1,197$896$403
25 years$2,563$1,953$1,470$1,094$806$348
26 years$2,438$1,836$1,363$1,000$726$300
27 years$2,322$1,728$1,266$915$655$260
28 years$2,215$1,628$1,177$839$591$224
29 years$2,116$1,536$1,095$769$533$194
30 years$2,023$1,451$1,020$706$482$168
31 years$1,937$1,371$951$648$436$145
32 years$1,856$1,297$887$596$394$126
33 years$1,780$1,229$828$548$357$109
34 years$1,709$1,165$774$504$323$95
35 years$1,642$1,105$724$464$292$82
36 years$1,579$1,048$677$427$265$71
37 years$1,519$996$634$394$240$61
38 years$1,463$946$593$363$218$53
39 years$1,409$900$556$335$197$46
40 years$1,359$856$521$309$179$40
41 years$1,311$815$489$285$162$35
42 years$1,266$776$458$263$147$30
43 years$1,222$739$430$243$134$26
44 years$1,181$705$404$224$121$23
45 years$1,142$672$379$207$110$20
46 years$1,104$641$356$191$100$17
47 years$1,069$612$334$177$91$15
48 years$1,034$584$314$163$83$13
49 years$1,002$558$295$151$75$11
50 years$970$533$278$139$68$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $994,000, adding $5,196 every year, while hoping to spend $34,336 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: 81/5/14 Blend
34$994,000$994,000$994,000$994,000
35$1,100,748$1,048,066$1,032,659$1,186,455
36$1,176,491$1,062,888$1,030,720$1,258,322
37$1,258,809$1,077,285$1,027,565$1,332,202
38$1,348,336$1,091,201$1,023,117$1,412,309
39$1,445,771$1,104,574$1,017,296$1,499,250
40$1,551,881$1,117,340$1,010,017$1,593,696
41$1,667,512$1,129,428$1,001,191$1,696,384
42$1,793,593$1,140,765$990,726$1,808,128
43$1,931,148$1,151,271$978,524$1,929,822
44$2,081,304$1,160,862$964,483$2,062,454
45$2,245,301$1,169,449$948,497$2,207,111
46$2,424,504$1,176,934$930,455$2,364,990
47$2,620,417$1,183,218$910,238$2,537,411
48$2,834,694$1,188,190$887,726$2,725,828
49$3,069,158$1,191,736$862,790$2,931,843
50$3,325,815$1,193,734$835,296$3,157,221
51$3,606,874$1,194,053$805,105$3,403,908
52$3,914,769$1,192,556$772,070$3,674,048
53$4,252,179$1,189,095$736,038$3,970,001
54$4,622,055$1,183,514$696,849$4,294,372
55$5,027,648$1,175,649$654,336$4,650,029
56$5,472,536$1,165,324$608,324$5,040,132
57$5,960,663$1,152,354$558,632$5,468,166
58$6,496,372$1,136,540$505,067$5,937,969
59$7,084,446$1,117,675$447,431$6,453,771
60$7,730,156$1,095,537$385,516$7,020,236
61$8,439,305$1,069,892$319,104$7,642,500
62$9,218,288$1,040,491$247,969$8,326,226
63$10,074,151$1,007,072$171,873$9,077,654
64$11,014,653$969,357$90,569$9,903,661
65$12,048,343$927,051$3,799$10,811,827
66$13,184,641$879,844$0$11,810,502
67$14,433,924$827,406$0$12,922,158
68$15,807,624$769,388$0$14,145,142
69$17,318,336$705,422$0$15,490,108
70$18,979,938$635,120$0$16,969,424
71$20,807,721$558,070$0$18,596,717
72$22,818,530$473,837$0$20,387,000
73$25,030,927$381,962$0$22,356,818
74$27,465,363$281,959$0$24,524,400
75$30,144,372$173,317$0$26,909,833
76$33,092,782$55,494$0$29,535,251
77$36,337,951$0$0$32,425,044
78$39,910,023$0$0$35,610,053
79$43,842,213$0$0$39,119,549
80$48,171,119$0$0$42,983,149
81$52,937,069$0$0$47,236,848
82$58,184,500$0$0$51,920,310
83$63,962,376$0$0$57,077,243
84$70,324,651$0$0$62,755,807
85$77,330,780$0$0$69,009,069
86$85,046,273$0$0$75,895,508
87$93,543,321$0$0$83,479,560
88$102,901,471$0$0$91,832,231
89$113,208,379$0$0$101,031,764
90$124,560,637$0$0$111,164,377
91$137,064,683$0$0$122,325,079
92$150,837,806$0$0$134,618,564
93$166,009,252$0$0$148,160,198
94$182,721,445$0$0$163,077,112
95$201,131,327$0$0$179,509,394
96$221,411,844$0$0$197,611,419
97$243,753,576$0$0$217,553,301
98$268,366,532$0$0$239,522,499
99$295,482,138$0$0$263,725,586
100$325,355,416$0$0$290,390,199