Can I retire at age 35 with 996,000?

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 $996,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.6%
1 years$82,249$81,516$80,801$80,104$79,422$78,236
2 years$40,717$39,959$39,224$38,511$37,820$36,627
3 years$26,875$26,114$25,380$24,675$23,995$22,833
4 years$19,956$19,196$18,470$17,777$17,113$15,991
5 years$15,805$15,050$14,334$13,654$13,009$11,930
6 years$13,039$12,290$11,584$10,919$10,294$9,259
7 years$11,063$10,321$9,626$8,977$8,372$7,381
8 years$9,583$8,847$8,164$7,531$6,945$5,999
9 years$8,432$7,703$7,032$6,415$5,849$4,947
10 years$7,511$6,790$6,130$5,530$4,983$4,125
11 years$6,759$6,044$5,397$4,812$4,286$3,470
12 years$6,132$5,425$4,790$4,221$3,714$2,940
13 years$5,603$4,903$4,279$3,727$3,239$2,505
14 years$5,149$4,456$3,845$3,308$2,839$2,145
15 years$4,756$4,071$3,471$2,950$2,500$1,844
16 years$4,413$3,735$3,147$2,642$2,209$1,590
17 years$4,110$3,440$2,864$2,373$1,959$1,375
18 years$3,841$3,179$2,614$2,139$1,742$1,192
19 years$3,601$2,946$2,393$1,933$1,552$1,035
20 years$3,385$2,737$2,197$1,750$1,387$901
21 years$3,190$2,550$2,020$1,589$1,241$785
22 years$3,013$2,380$1,862$1,444$1,112$685
23 years$2,851$2,226$1,719$1,315$998$598
24 years$2,704$2,086$1,590$1,200$897$523
25 years$2,568$1,957$1,473$1,096$808$458
26 years$2,443$1,840$1,366$1,002$727$401
27 years$2,327$1,731$1,268$917$656$351
28 years$2,220$1,631$1,179$840$592$308
29 years$2,120$1,539$1,097$770$534$270
30 years$2,027$1,453$1,022$707$483$237
31 years$1,941$1,374$953$649$437$208
32 years$1,860$1,300$889$597$395$183
33 years$1,784$1,231$830$549$357$161
34 years$1,712$1,167$776$505$324$141
35 years$1,645$1,107$725$465$293$124
36 years$1,582$1,050$678$428$266$109
37 years$1,522$998$635$394$241$96
38 years$1,466$948$595$364$218$84
39 years$1,412$902$557$335$198$74
40 years$1,362$858$522$309$179$65
41 years$1,314$817$490$285$163$57
42 years$1,268$778$459$263$148$50
43 years$1,225$741$431$243$134$44
44 years$1,183$706$404$224$122$39
45 years$1,144$674$380$207$110$34
46 years$1,107$643$357$191$100$30
47 years$1,071$613$335$177$91$27
48 years$1,036$585$315$163$83$23
49 years$1,004$559$296$151$75$21
50 years$972$534$278$140$68$18

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $996,000, adding $2,998 every year, while hoping to spend $35,796 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: 31/48/21 Blend
34$996,000$996,000$996,000$996,000
35$1,100,684$1,047,896$1,032,458$1,127,540
36$1,174,868$1,061,157$1,028,959$1,161,360
37$1,255,418$1,073,867$1,024,143$1,194,307
38$1,342,946$1,085,963$1,017,928$1,229,027
39$1,438,126$1,097,374$1,010,228$1,265,696
40$1,541,698$1,108,028$1,000,953$1,304,512
41$1,654,476$1,117,847$990,010$1,345,692
42$1,777,356$1,126,745$977,299$1,389,479
43$1,911,325$1,134,634$962,717$1,436,143
44$2,057,469$1,141,419$946,156$1,485,984
45$2,216,981$1,146,999$927,503$1,539,333
46$2,391,177$1,151,266$906,639$1,596,561
47$2,581,506$1,154,107$883,439$1,658,078
48$2,789,560$1,155,399$857,775$1,724,339
49$3,017,095$1,155,013$829,511$1,795,849
50$3,266,044$1,152,814$798,505$1,873,170
51$3,538,533$1,148,654$764,607$1,956,921
52$3,836,906$1,142,381$727,664$2,047,793
53$4,163,742$1,133,829$687,512$2,146,550
54$4,521,883$1,122,826$643,983$2,254,036
55$4,914,457$1,109,187$596,899$2,371,191
56$5,344,912$1,092,717$546,075$2,499,054
57$5,817,041$1,073,209$491,317$2,638,775
58$6,335,027$1,050,444$432,424$2,791,628
59$6,903,474$1,024,190$369,184$2,959,024
60$7,527,455$994,201$301,378$3,142,523
61$8,212,555$960,217$228,774$3,343,856
62$8,964,931$921,963$151,134$3,564,932
63$9,791,362$879,147$68,205$3,807,867
64$10,699,318$831,462$0$4,075,002
65$11,697,026$778,581$0$4,373,471
66$12,793,551$720,160$0$4,718,193
67$13,998,879$655,834$0$5,097,096
68$15,324,013$585,218$0$5,513,746
69$16,781,074$507,906$0$5,972,078
70$18,383,417$423,466$0$6,476,436
71$20,145,755$331,445$0$7,031,619
72$22,084,299$231,363$0$7,642,920
73$24,216,910$122,713$0$8,316,188
74$26,563,268$4,959$0$9,057,874
75$29,145,057$0$0$9,875,101
76$31,986,165$0$0$10,840,414
77$35,112,919$0$0$11,905,845
78$38,554,323$0$0$13,078,680
79$42,342,337$0$0$14,369,835
80$46,512,176$0$0$15,791,338
81$51,102,642$0$0$17,356,441
82$56,156,491$0$0$19,079,748
83$61,720,837$0$0$20,977,350
84$67,847,592$0$0$23,066,979
85$74,593,960$0$0$25,368,173
86$82,022,973$0$0$27,902,463
87$90,204,090$0$0$30,693,571
88$99,213,845$0$0$33,767,643
89$109,136,578$0$0$37,153,484
90$120,065,221$0$0$40,882,840
91$132,102,182$0$0$44,990,691
92$145,360,307$0$0$49,515,583
93$159,963,949$0$0$54,499,993
94$176,050,133$0$0$59,990,728
95$193,769,860$0$0$66,039,368
96$213,289,520$0$0$72,702,752
97$234,792,473$0$0$80,043,512
98$258,480,771$0$0$88,130,670
99$284,577,068$0$0$97,040,284
100$313,326,722$0$0$106,856,167