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%19.7%
1 years$82,084$81,352$80,639$79,943$79,263$76,178
2 years$40,635$39,879$39,145$38,434$37,744$34,674
3 years$26,821$26,061$25,330$24,625$23,947$20,987
4 years$19,915$19,158$18,433$17,741$17,079$14,253
5 years$15,773$15,020$14,305$13,627$12,983$10,297
6 years$13,012$12,265$11,561$10,897$10,273$7,730
7 years$11,041$10,300$9,607$8,959$8,355$5,953
8 years$9,564$8,829$8,147$7,516$6,931$4,668
9 years$8,415$7,687$7,017$6,402$5,837$3,710
10 years$7,496$6,776$6,118$5,518$4,973$2,978
11 years$6,745$6,032$5,386$4,803$4,277$2,410
12 years$6,120$5,414$4,780$4,213$3,707$1,961
13 years$5,591$4,893$4,271$3,719$3,232$1,604
14 years$5,139$4,447$3,837$3,301$2,833$1,317
15 years$4,747$4,063$3,464$2,944$2,495$1,084
16 years$4,404$3,728$3,141$2,636$2,205$895
17 years$4,102$3,433$2,858$2,369$1,955$741
18 years$3,833$3,172$2,609$2,135$1,738$614
19 years$3,594$2,940$2,389$1,929$1,549$509
20 years$3,378$2,732$2,192$1,747$1,384$423
21 years$3,184$2,545$2,016$1,585$1,238$352
22 years$3,007$2,375$1,858$1,442$1,110$293
23 years$2,846$2,222$1,716$1,313$996$244
24 years$2,698$2,082$1,587$1,197$896$203
25 years$2,563$1,953$1,470$1,094$806$169
26 years$2,438$1,836$1,363$1,000$726$141
27 years$2,322$1,728$1,266$915$655$118
28 years$2,215$1,628$1,177$839$591$98
29 years$2,116$1,536$1,095$769$533$82
30 years$2,023$1,451$1,020$706$482$68
31 years$1,937$1,371$951$648$436$57
32 years$1,856$1,297$887$596$394$48
33 years$1,780$1,229$828$548$357$40
34 years$1,709$1,165$774$504$323$33
35 years$1,642$1,105$724$464$292$28
36 years$1,579$1,048$677$427$265$23
37 years$1,519$996$634$394$240$19
38 years$1,463$946$593$363$218$16
39 years$1,409$900$556$335$197$14
40 years$1,359$856$521$309$179$11
41 years$1,311$815$489$285$162$9
42 years$1,266$776$458$263$147$8
43 years$1,222$739$430$243$134$7
44 years$1,181$705$404$224$121$5
45 years$1,142$672$379$207$110$5
46 years$1,104$641$356$191$100$4
47 years$1,069$612$334$177$91$3
48 years$1,034$584$314$163$83$3
49 years$1,002$558$295$151$75$2
50 years$970$533$278$139$68$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $994,000, adding $6,528 every year, while hoping to spend $38,244 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: 54/40/6 Blend
34$994,000$994,000$994,000$994,000
35$1,102,122$1,049,440$1,034,033$1,159,799
36$1,173,847$1,060,171$1,027,981$1,210,246
37$1,251,606$1,070,146$1,020,446$1,260,336
38$1,335,975$1,079,288$1,011,335$1,313,914
39$1,427,585$1,087,514$1,000,556$1,371,318
40$1,527,133$1,094,736$988,009$1,432,917
41$1,635,383$1,100,862$973,590$1,499,122
42$1,753,179$1,105,790$957,192$1,570,386
43$1,881,446$1,109,416$938,700$1,647,208
44$2,021,203$1,111,628$917,997$1,730,141
45$2,173,573$1,112,304$894,957$1,819,794
46$2,339,790$1,111,320$869,450$1,916,842
47$2,521,213$1,108,540$841,342$2,022,028
48$2,719,339$1,103,820$810,488$2,136,173
49$2,935,813$1,097,009$776,742$2,260,185
50$3,172,450$1,087,947$739,947$2,395,065
51$3,431,245$1,076,461$699,940$2,541,921
52$3,714,396$1,062,372$656,552$2,701,973
53$4,024,324$1,045,487$609,606$2,876,570
54$4,363,692$1,025,603$558,914$3,067,201
55$4,735,435$1,002,505$504,285$3,275,510
56$5,142,786$975,964$445,515$3,503,313
57$5,589,304$945,739$382,393$3,752,613
58$6,078,907$911,575$314,698$4,025,621
59$6,615,915$873,201$242,199$4,324,781
60$7,205,081$830,331$164,656$4,652,785
61$7,851,644$782,661$81,816$5,012,610
62$8,561,373$729,873$0$5,407,538
63$9,340,623$671,628$0$5,841,613
64$10,196,396$607,567$0$6,324,030
65$11,136,404$537,312$0$6,853,976
66$12,169,141$460,465$0$7,436,338
67$13,303,967$376,602$0$8,076,509
68$14,551,193$285,276$0$8,780,438
69$15,922,179$186,019$0$9,554,686
70$17,429,437$78,330$0$10,406,491
71$19,086,757$0$0$11,343,839
72$20,909,328$0$0$12,392,400
73$22,913,887$0$0$13,583,688
74$25,118,873$0$0$14,894,196
75$27,544,602$0$0$16,336,012
76$30,213,459$0$0$17,922,456
77$33,150,107$0$0$19,668,202
78$36,381,722$0$0$21,589,420
79$39,938,247$0$0$23,703,928
80$43,852,673$0$0$26,031,355
81$48,161,353$0$0$28,593,333
82$52,904,344$0$0$31,413,696
83$58,125,781$0$0$34,518,707
84$63,874,298$0$0$37,937,305
85$70,203,485$0$0$41,701,378
86$77,172,390$0$0$45,846,061
87$84,846,079$0$0$50,410,074
88$93,296,252$0$0$55,436,078
89$102,601,912$0$0$60,971,087
90$112,850,117$0$0$67,066,903
91$124,136,797$0$0$73,780,610
92$136,567,661$0$0$81,175,111
93$150,259,195$0$0$89,319,722
94$165,339,756$0$0$98,290,822
95$181,950,789$0$0$108,172,579
96$200,248,159$0$0$119,057,743
97$220,403,620$0$0$131,048,518
98$242,606,437$0$0$144,257,528
99$267,065,173$0$0$158,808,883
100$294,009,657$0$0$174,839,344