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%18.6%
1 years$82,166$81,434$80,720$80,023$79,343$76,588
2 years$40,676$39,919$39,185$38,473$37,782$35,036
3 years$26,848$26,087$25,355$24,650$23,971$21,318
4 years$19,935$19,177$18,452$17,759$17,096$14,558
5 years$15,789$15,035$14,319$13,640$12,996$10,579
6 years$13,025$12,277$11,572$10,908$10,283$7,990
7 years$11,052$10,310$9,617$8,968$8,363$6,192
8 years$9,573$8,838$8,156$7,523$6,938$4,888
9 years$8,423$7,695$7,024$6,408$5,843$3,911
10 years$7,504$6,783$6,124$5,524$4,978$3,161
11 years$6,752$6,038$5,392$4,808$4,282$2,576
12 years$6,126$5,420$4,785$4,217$3,710$2,112
13 years$5,597$4,898$4,275$3,723$3,235$1,740
14 years$5,144$4,452$3,841$3,305$2,836$1,440
15 years$4,751$4,067$3,468$2,947$2,497$1,195
16 years$4,408$3,731$3,144$2,639$2,207$995
17 years$4,106$3,436$2,861$2,371$1,957$830
18 years$3,837$3,175$2,612$2,137$1,740$693
19 years$3,597$2,943$2,391$1,931$1,551$580
20 years$3,382$2,735$2,194$1,749$1,385$486
21 years$3,187$2,547$2,018$1,587$1,240$408
22 years$3,010$2,378$1,860$1,443$1,111$342
23 years$2,849$2,224$1,718$1,314$997$287
24 years$2,701$2,084$1,588$1,199$897$242
25 years$2,565$1,955$1,471$1,095$807$203
26 years$2,440$1,838$1,365$1,001$727$171
27 years$2,325$1,730$1,267$916$655$144
28 years$2,218$1,630$1,178$839$591$121
29 years$2,118$1,537$1,096$770$534$102
30 years$2,025$1,452$1,021$706$482$86
31 years$1,939$1,373$952$649$436$72
32 years$1,858$1,299$888$596$394$61
33 years$1,782$1,230$829$548$357$51
34 years$1,711$1,166$775$504$323$43
35 years$1,644$1,106$724$464$293$36
36 years$1,580$1,049$678$428$265$31
37 years$1,521$997$634$394$240$26
38 years$1,464$947$594$363$218$22
39 years$1,411$901$556$335$198$18
40 years$1,360$857$522$309$179$16
41 years$1,312$816$489$285$163$13
42 years$1,267$777$459$263$148$11
43 years$1,223$740$430$243$134$9
44 years$1,182$706$404$224$122$8
45 years$1,143$673$379$207$110$7
46 years$1,105$642$356$191$100$6
47 years$1,070$613$335$177$91$5
48 years$1,035$585$315$163$83$4
49 years$1,003$558$296$151$75$3
50 years$971$533$278$139$68$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $995,000, adding $5,864 every year, while hoping to spend $53,037 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: 32/40/28 Blend
34$995,000$995,000$995,000$995,000
35$1,102,539$1,049,804$1,034,381$1,128,253
36$1,158,567$1,044,813$1,012,602$1,143,465
37$1,218,532$1,037,800$988,316$1,154,750
38$1,282,780$1,028,611$961,382$1,165,869
39$1,351,690$1,017,079$931,655$1,176,845
40$1,425,678$1,003,032$898,981$1,187,707
41$1,505,201$986,283$863,200$1,198,492
42$1,590,759$966,639$824,145$1,209,246
43$1,682,903$943,891$781,640$1,220,027
44$1,782,237$917,819$735,503$1,230,901
45$1,889,425$888,192$685,542$1,241,951
46$2,005,196$854,763$631,558$1,253,273
47$2,130,352$817,273$573,341$1,264,979
48$2,265,773$775,444$510,673$1,277,202
49$2,412,428$728,988$443,327$1,290,096
50$2,571,382$677,594$371,065$1,303,838
51$2,743,805$620,939$293,638$1,318,631
52$2,930,985$558,676$210,786$1,334,712
53$3,134,338$490,443$122,240$1,352,348
54$3,355,421$415,856$27,715$1,371,846
55$3,595,947$334,506$0$1,393,553
56$3,857,803$245,966$0$1,439,724
57$4,143,063$149,783$0$1,499,207
58$4,454,010$45,477$0$1,564,316
59$4,793,157$0$0$1,635,725
60$5,163,270$0$0$1,743,876
61$5,567,391$0$0$1,883,963
62$6,008,874$0$0$2,037,149
63$6,491,406$0$0$2,204,732
64$7,019,051$0$0$2,388,141
65$7,596,278$0$0$2,588,953
66$8,228,013$0$0$2,808,899
67$8,919,678$0$0$3,049,890
68$9,677,244$0$0$3,314,028
69$10,507,286$0$0$3,603,630
70$11,417,046$0$0$3,921,245
71$12,414,498$0$0$4,269,684
72$13,508,427$0$0$4,652,040
73$14,708,509$0$0$5,071,722
74$16,025,398$0$0$5,532,485
75$17,470,834$0$0$6,038,464
76$19,057,746$0$0$6,594,215
77$20,800,377$0$0$7,204,758
78$22,714,416$0$0$7,875,620
79$24,817,148$0$0$8,612,895
80$27,127,613$0$0$9,423,290
81$29,666,789$0$0$10,314,201
82$32,457,782$0$0$11,293,771
83$35,526,055$0$0$12,370,974
84$38,899,654$0$0$13,555,697
85$42,609,484$0$0$14,858,832
86$46,689,592$0$0$16,292,381
87$51,177,490$0$0$17,869,568
88$56,114,509$0$0$19,604,962
89$61,546,186$0$0$21,514,616
90$67,522,696$0$0$23,616,218
91$74,099,323$0$0$25,929,258
92$81,336,978$0$0$28,475,209
93$89,302,780$0$0$31,277,734
94$98,070,680$0$0$34,362,906
95$107,722,166$0$0$37,759,452
96$118,347,023$0$0$41,499,030
97$130,044,188$0$0$45,616,520
98$142,922,675$0$0$50,150,358
99$157,102,608$0$0$55,142,898
100$172,716,352$0$0$60,640,809