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%11.3%
1 years$82,249$81,516$80,801$80,104$79,422$78,988
2 years$40,717$39,959$39,224$38,511$37,820$37,382
3 years$26,875$26,114$25,380$24,675$23,995$23,566
4 years$19,956$19,196$18,470$17,777$17,113$16,698
5 years$15,805$15,050$14,334$13,654$13,009$12,608
6 years$13,039$12,290$11,584$10,919$10,294$9,907
7 years$11,063$10,321$9,626$8,977$8,372$8,000
8 years$9,583$8,847$8,164$7,531$6,945$6,588
9 years$8,432$7,703$7,032$6,415$5,849$5,506
10 years$7,511$6,790$6,130$5,530$4,983$4,656
11 years$6,759$6,044$5,397$4,812$4,286$3,973
12 years$6,132$5,425$4,790$4,221$3,714$3,415
13 years$5,603$4,903$4,279$3,727$3,239$2,954
14 years$5,149$4,456$3,845$3,308$2,839$2,567
15 years$4,756$4,071$3,471$2,950$2,500$2,241
16 years$4,413$3,735$3,147$2,642$2,209$1,964
17 years$4,110$3,440$2,864$2,373$1,959$1,726
18 years$3,841$3,179$2,614$2,139$1,742$1,521
19 years$3,601$2,946$2,393$1,933$1,552$1,343
20 years$3,385$2,737$2,197$1,750$1,387$1,189
21 years$3,190$2,550$2,020$1,589$1,241$1,054
22 years$3,013$2,380$1,862$1,444$1,112$935
23 years$2,851$2,226$1,719$1,315$998$832
24 years$2,704$2,086$1,590$1,200$897$740
25 years$2,568$1,957$1,473$1,096$808$660
26 years$2,443$1,840$1,366$1,002$727$588
27 years$2,327$1,731$1,268$917$656$525
28 years$2,220$1,631$1,179$840$592$469
29 years$2,120$1,539$1,097$770$534$419
30 years$2,027$1,453$1,022$707$483$375
31 years$1,941$1,374$953$649$437$335
32 years$1,860$1,300$889$597$395$300
33 years$1,784$1,231$830$549$357$269
34 years$1,712$1,167$776$505$324$241
35 years$1,645$1,107$725$465$293$216
36 years$1,582$1,050$678$428$266$193
37 years$1,522$998$635$394$241$173
38 years$1,466$948$595$364$218$155
39 years$1,412$902$557$335$198$139
40 years$1,362$858$522$309$179$125
41 years$1,314$817$490$285$163$112
42 years$1,268$778$459$263$148$101
43 years$1,225$741$431$243$134$90
44 years$1,183$706$404$224$122$81
45 years$1,144$674$380$207$110$73
46 years$1,107$643$357$191$100$65
47 years$1,071$613$335$177$91$59
48 years$1,036$585$315$163$83$53
49 years$1,004$559$296$151$75$47
50 years$972$534$278$140$68$42

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $996,000, adding $4,794 every year, while hoping to spend $55,743 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: 77/15/8 Blend
34$996,000$996,000$996,000$996,000
35$1,102,537$1,049,749$1,034,311$1,185,804
36$1,155,686$1,041,877$1,009,650$1,233,316
37$1,212,387$1,031,750$982,295$1,277,740
38$1,272,945$1,019,200$952,097$1,324,825
39$1,337,692$1,004,048$918,898$1,374,812
40$1,406,993$986,102$882,538$1,427,968
41$1,481,248$965,163$842,844$1,484,587
42$1,560,894$941,015$799,639$1,544,992
43$1,646,415$913,434$752,736$1,609,541
44$1,738,337$882,180$701,941$1,678,628
45$1,837,241$847,001$647,049$1,752,690
46$1,943,763$807,627$587,849$1,832,208
47$2,058,603$763,777$524,118$1,917,710
48$2,182,529$715,151$455,624$2,009,785
49$2,316,385$661,431$382,125$2,109,077
50$2,461,098$602,282$303,368$2,216,301
51$2,617,687$537,352$219,088$2,332,243
52$2,787,274$466,265$129,011$2,457,775
53$2,971,090$388,626$32,846$2,593,854
54$3,170,489$304,017$0$2,741,541
55$3,386,963$211,997$0$2,907,961
56$3,622,149$112,101$0$3,091,827
57$3,877,850$3,836$0$3,291,784
58$4,156,049$0$0$3,509,434
59$4,458,928$0$0$3,765,246
60$4,788,888$0$0$4,044,653
61$5,148,572$0$0$4,349,263
62$5,540,886$0$0$4,681,543
63$5,969,032$0$0$5,044,209
64$6,436,532$0$0$5,440,248
65$6,947,266$0$0$5,872,951
66$7,505,501$0$0$6,345,941
67$8,115,940$0$0$6,863,205
68$8,783,757$0$0$7,429,134
69$9,514,651$0$0$8,048,563
70$10,314,897$0$0$8,726,817
71$11,191,405$0$0$9,469,757
72$12,151,786$0$0$10,283,840
73$13,204,419$0$0$11,176,178
74$14,358,535$0$0$12,154,600
75$15,624,300$0$0$13,227,733
76$17,012,911$0$0$14,405,076
77$18,536,700$0$0$15,697,093
78$20,209,252$0$0$17,115,312
79$22,045,532$0$0$18,672,428
80$24,062,023$0$0$20,382,427
81$26,276,883$0$0$22,260,717
82$28,710,116$0$0$24,324,270
83$31,383,758$0$0$26,591,783
84$34,322,085$0$0$29,083,856
85$37,551,843$0$0$31,823,180
86$41,102,496$0$0$34,834,759
87$45,006,508$0$0$38,146,135
88$49,299,643$0$0$41,787,656
89$54,021,306$0$0$45,792,756
90$59,214,911$0$0$50,198,273
91$64,928,292$0$0$55,044,795
92$71,214,151$0$0$60,377,040
93$78,130,558$0$0$66,244,281
94$85,741,495$0$0$72,700,808
95$94,117,458$0$0$79,806,438
96$103,336,125$0$0$87,627,082
97$113,483,084$0$0$96,235,363
98$124,652,644$0$0$105,711,305
99$136,948,718$0$0$116,143,080
100$150,485,810$0$0$127,627,847