Can I retire at age 35 with 995,000?

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 $995,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.6%
1 years$82,166$81,434$80,720$80,023$79,343$76,285
2 years$40,676$39,919$39,185$38,473$37,782$34,738
3 years$26,848$26,087$25,355$24,650$23,971$21,036
4 years$19,935$19,177$18,452$17,759$17,096$14,293
5 years$15,789$15,035$14,319$13,640$12,996$10,332
6 years$13,025$12,277$11,572$10,908$10,283$7,760
7 years$11,052$10,310$9,617$8,968$8,363$5,980
8 years$9,573$8,838$8,156$7,523$6,938$4,692
9 years$8,423$7,695$7,024$6,408$5,843$3,731
10 years$7,504$6,783$6,124$5,524$4,978$2,997
11 years$6,752$6,038$5,392$4,808$4,282$2,426
12 years$6,126$5,420$4,785$4,217$3,710$1,976
13 years$5,597$4,898$4,275$3,723$3,235$1,617
14 years$5,144$4,452$3,841$3,305$2,836$1,329
15 years$4,751$4,067$3,468$2,947$2,497$1,095
16 years$4,408$3,731$3,144$2,639$2,207$905
17 years$4,106$3,436$2,861$2,371$1,957$749
18 years$3,837$3,175$2,612$2,137$1,740$621
19 years$3,597$2,943$2,391$1,931$1,551$516
20 years$3,382$2,735$2,194$1,749$1,385$429
21 years$3,187$2,547$2,018$1,587$1,240$357
22 years$3,010$2,378$1,860$1,443$1,111$297
23 years$2,849$2,224$1,718$1,314$997$248
24 years$2,701$2,084$1,588$1,199$897$207
25 years$2,565$1,955$1,471$1,095$807$172
26 years$2,440$1,838$1,365$1,001$727$144
27 years$2,325$1,730$1,267$916$655$120
28 years$2,218$1,630$1,178$839$591$100
29 years$2,118$1,537$1,096$770$534$84
30 years$2,025$1,452$1,021$706$482$70
31 years$1,939$1,373$952$649$436$58
32 years$1,858$1,299$888$596$394$49
33 years$1,782$1,230$829$548$357$41
34 years$1,711$1,166$775$504$323$34
35 years$1,644$1,106$724$464$293$29
36 years$1,580$1,049$678$428$265$24
37 years$1,521$997$634$394$240$20
38 years$1,464$947$594$363$218$17
39 years$1,411$901$556$335$198$14
40 years$1,360$857$522$309$179$12
41 years$1,312$816$489$285$163$10
42 years$1,267$777$459$263$148$8
43 years$1,223$740$430$243$134$7
44 years$1,182$706$404$224$122$6
45 years$1,143$673$379$207$110$5
46 years$1,105$642$356$191$100$4
47 years$1,070$613$335$177$91$3
48 years$1,035$585$315$163$83$3
49 years$1,003$558$296$151$75$2
50 years$971$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 $995,000, adding $3,263 every year, while hoping to spend $47,676 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: 37/38/25 Blend
34$995,000$995,000$995,000$995,000
35$1,099,856$1,047,121$1,031,698$1,132,206
36$1,161,314$1,047,703$1,015,533$1,156,822
37$1,227,443$1,046,715$997,229$1,178,766
38$1,298,670$1,044,031$976,663$1,201,531
39$1,375,461$1,039,516$953,708$1,225,221
40$1,458,331$1,033,025$928,230$1,249,953
41$1,547,845$1,024,408$900,090$1,275,863
42$1,644,623$1,013,502$869,142$1,303,101
43$1,749,348$1,000,137$835,231$1,331,837
44$1,862,770$984,132$798,200$1,362,264
45$1,985,713$965,295$757,880$1,394,599
46$2,119,084$943,422$714,097$1,429,085
47$2,263,879$918,299$666,668$1,465,996
48$2,421,196$889,697$615,403$1,505,639
49$2,592,242$857,375$560,102$1,548,358
50$2,778,342$821,078$500,557$1,594,540
51$2,980,958$780,536$436,551$1,644,616
52$3,201,696$735,463$367,856$1,699,068
53$3,442,325$685,557$294,235$1,758,437
54$3,704,791$630,498$215,441$1,823,324
55$3,991,236$569,949$131,215$1,894,402
56$4,304,018$503,552$41,286$1,972,420
57$4,645,733$430,931$0$2,058,213
58$5,019,237$351,686$0$2,167,299
59$5,427,678$265,397$0$2,298,828
60$5,874,519$171,619$0$2,443,010
61$6,363,574$69,883$0$2,601,211
62$6,899,042$0$0$2,774,947
63$7,485,550$0$0$2,982,749
64$8,128,190$0$0$3,242,592
65$8,832,571$0$0$3,527,541
66$9,604,872$0$0$3,840,113
67$10,451,895$0$0$4,183,078
68$11,381,135$0$0$4,559,492
69$12,400,847$0$0$4,972,716
70$13,520,124$0$0$5,426,456
71$14,748,979$0$0$5,924,793
72$16,098,447$0$0$6,472,223
73$17,580,680$0$0$7,073,698
74$19,209,067$0$0$7,734,675
75$20,998,356$0$0$8,461,165
76$22,964,798$0$0$9,259,789
77$25,126,291$0$0$10,137,845
78$27,502,558$0$0$11,103,369
79$30,115,326$0$0$12,165,217
80$32,988,532$0$0$13,333,147
81$36,148,551$0$0$14,617,909
82$39,624,441$0$0$16,031,347
83$43,448,216$0$0$17,586,512
84$47,655,152$0$0$19,297,783
85$52,284,115$0$0$21,181,002
86$57,377,929$0$0$23,253,628
87$62,983,778$0$0$25,534,895
88$69,153,652$0$0$28,045,997
89$75,944,838$0$0$30,810,288
90$83,420,456$0$0$33,853,499
91$91,650,058$0$0$37,203,986
92$100,710,283$0$0$40,892,992
93$110,685,576$0$0$44,954,943
94$121,668,988$0$0$49,427,776
95$133,763,053$0$0$54,353,291
96$147,080,754$0$0$59,777,552
97$161,746,586$0$0$65,751,314
98$177,897,737$0$0$72,330,509
99$195,685,375$0$0$79,576,766
100$215,276,077$0$0$87,558,001