Can I retire at age 35 with 997,000?

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 $997,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.1%
1 years$82,331$81,598$80,882$80,184$79,502$76,590
2 years$40,758$39,999$39,263$38,550$37,858$34,957
3 years$26,902$26,140$25,406$24,699$24,019$21,219
4 years$19,976$19,216$18,489$17,795$17,130$14,454
5 years$15,821$15,065$14,348$13,668$13,022$10,476
6 years$13,052$12,302$11,596$10,930$10,304$7,890
7 years$11,075$10,331$9,636$8,986$8,380$6,097
8 years$9,592$8,856$8,172$7,538$6,952$4,799
9 years$8,440$7,710$7,039$6,421$5,855$3,828
10 years$7,519$6,796$6,136$5,535$4,988$3,084
11 years$6,766$6,050$5,402$4,817$4,290$2,505
12 years$6,139$5,431$4,794$4,225$3,718$2,047
13 years$5,608$4,908$4,284$3,730$3,242$1,681
14 years$5,154$4,461$3,849$3,311$2,842$1,386
15 years$4,761$4,075$3,475$2,953$2,502$1,146
16 years$4,417$3,739$3,151$2,644$2,211$951
17 years$4,114$3,443$2,867$2,376$1,961$790
18 years$3,845$3,182$2,617$2,141$1,744$657
19 years$3,605$2,949$2,396$1,935$1,554$548
20 years$3,388$2,740$2,199$1,752$1,388$457
21 years$3,193$2,552$2,022$1,590$1,242$382
22 years$3,016$2,383$1,864$1,446$1,113$320
23 years$2,854$2,228$1,721$1,317$999$267
24 years$2,706$2,088$1,592$1,201$898$224
25 years$2,570$1,959$1,474$1,097$808$187
26 years$2,445$1,841$1,367$1,003$728$157
27 years$2,329$1,733$1,270$918$657$132
28 years$2,222$1,633$1,180$841$592$110
29 years$2,122$1,541$1,098$771$535$93
30 years$2,029$1,455$1,023$708$483$78
31 years$1,943$1,375$954$650$437$65
32 years$1,862$1,301$890$597$395$55
33 years$1,785$1,232$831$549$358$46
34 years$1,714$1,168$776$505$324$38
35 years$1,647$1,108$726$465$293$32
36 years$1,583$1,052$679$429$266$27
37 years$1,524$999$636$395$241$23
38 years$1,467$949$595$364$218$19
39 years$1,414$903$558$336$198$16
40 years$1,363$859$523$310$180$13
41 years$1,315$817$490$286$163$11
42 years$1,269$778$460$264$148$9
43 years$1,226$742$431$243$134$8
44 years$1,185$707$405$225$122$7
45 years$1,145$674$380$207$111$6
46 years$1,108$643$357$192$100$5
47 years$1,072$614$335$177$91$4
48 years$1,038$586$315$164$83$3
49 years$1,005$560$296$151$75$3
50 years$973$534$279$140$68$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $997,000, adding $6,253 every year, while hoping to spend $41,024 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: 38/35/27 Blend
34$997,000$997,000$997,000$997,000
35$1,105,144$1,052,303$1,036,849$1,138,052
36$1,174,219$1,060,217$1,027,935$1,170,650
37$1,248,966$1,067,143$1,017,346$1,201,628
38$1,329,918$1,072,991$1,004,985$1,234,318
39$1,417,664$1,077,662$990,747$1,268,899
40$1,512,851$1,081,053$974,522$1,305,575
41$1,616,191$1,083,053$956,198$1,344,572
42$1,728,466$1,083,547$935,654$1,386,141
43$1,850,537$1,082,408$912,766$1,430,562
44$1,983,351$1,079,505$887,402$1,478,147
45$2,127,949$1,074,697$859,427$1,529,242
46$2,285,479$1,067,837$828,697$1,584,234
47$2,457,203$1,058,765$795,063$1,643,550
48$2,644,508$1,047,315$758,368$1,707,668
49$2,848,923$1,033,309$718,448$1,777,117
50$3,072,131$1,016,558$675,134$1,852,485
51$3,315,983$996,865$628,246$1,934,424
52$3,582,519$974,017$577,598$2,023,659
53$3,873,984$947,791$522,995$2,120,994
54$4,192,848$917,951$464,234$2,227,320
55$4,541,833$884,246$401,100$2,343,625
56$4,923,937$846,410$333,374$2,471,005
57$5,342,458$804,164$260,822$2,610,676
58$5,801,032$757,211$183,202$2,763,981
59$6,303,659$705,236$100,261$2,932,411
60$6,854,749$647,909$11,736$3,117,618
61$7,459,155$584,879$0$3,321,428
62$8,122,225$515,774$0$3,569,700
63$8,849,849$440,204$0$3,845,995
64$9,648,515$357,755$0$4,149,492
65$10,525,367$267,989$0$4,483,024
66$11,488,278$170,444$0$4,849,715
67$12,545,920$64,634$0$5,253,019
68$13,707,846$0$0$5,696,745
69$14,984,578$0$0$6,204,340
70$16,387,711$0$0$6,789,692
71$17,930,017$0$0$7,433,254
72$19,625,567$0$0$8,140,916
73$21,489,864$0$0$8,919,168
74$23,539,987$0$0$9,775,160
75$25,794,755$0$0$10,716,770
76$28,274,900$0$0$11,752,677
77$31,003,266$0$0$12,892,444
78$34,005,022$0$0$14,146,609
79$37,307,899$0$0$15,526,782
80$40,942,452$0$0$17,045,754
81$44,942,347$0$0$18,717,622
82$49,344,680$0$0$20,557,917
83$54,190,325$0$0$22,583,751
84$59,524,318$0$0$24,813,981
85$65,396,287$0$0$27,269,385
86$71,860,912$0$0$29,972,858
87$78,978,446$0$0$32,949,629
88$86,815,281$0$0$36,227,495
89$95,444,576$0$0$39,837,090
90$104,946,945$0$0$43,812,167
91$115,411,217$0$0$48,189,919
92$126,935,274$0$0$53,011,334
93$139,626,977$0$0$58,321,572
94$153,605,179$0$0$64,170,403
95$169,000,849$0$0$70,612,665
96$185,958,308$0$0$77,708,789
97$204,636,588$0$0$85,525,368
98$225,210,935$0$0$94,135,781
99$247,874,459$0$0$103,620,892
100$272,839,961$0$0$114,069,806