Can I retire at age 35 with 997,000?

Use the below retirement simulation to view the chances of a successful retirement.
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%16.6%
1 years$82,331$81,598$80,882$80,184$79,502$77,361
2 years$40,758$39,999$39,263$38,550$37,858$35,716
3 years$26,902$26,140$25,406$24,699$24,019$21,943
4 years$19,976$19,216$18,489$17,795$17,130$15,137
5 years$15,821$15,065$14,348$13,668$13,022$11,116
6 years$13,052$12,302$11,596$10,930$10,304$8,488
7 years$11,075$10,331$9,636$8,986$8,380$6,653
8 years$9,592$8,856$8,172$7,538$6,952$5,314
9 years$8,440$7,710$7,039$6,421$5,855$4,304
10 years$7,519$6,796$6,136$5,535$4,988$3,523
11 years$6,766$6,050$5,402$4,817$4,290$2,908
12 years$6,139$5,431$4,794$4,225$3,718$2,416
13 years$5,608$4,908$4,284$3,730$3,242$2,018
14 years$5,154$4,461$3,849$3,311$2,842$1,693
15 years$4,761$4,075$3,475$2,953$2,502$1,425
16 years$4,417$3,739$3,151$2,644$2,211$1,203
17 years$4,114$3,443$2,867$2,376$1,961$1,018
18 years$3,845$3,182$2,617$2,141$1,744$864
19 years$3,605$2,949$2,396$1,935$1,554$734
20 years$3,388$2,740$2,199$1,752$1,388$624
21 years$3,193$2,552$2,022$1,590$1,242$532
22 years$3,016$2,383$1,864$1,446$1,113$453
23 years$2,854$2,228$1,721$1,317$999$387
24 years$2,706$2,088$1,592$1,201$898$330
25 years$2,570$1,959$1,474$1,097$808$282
26 years$2,445$1,841$1,367$1,003$728$241
27 years$2,329$1,733$1,270$918$657$206
28 years$2,222$1,633$1,180$841$592$177
29 years$2,122$1,541$1,098$771$535$151
30 years$2,029$1,455$1,023$708$483$129
31 years$1,943$1,375$954$650$437$111
32 years$1,862$1,301$890$597$395$95
33 years$1,785$1,232$831$549$358$81
34 years$1,714$1,168$776$505$324$70
35 years$1,647$1,108$726$465$293$60
36 years$1,583$1,052$679$429$266$51
37 years$1,524$999$636$395$241$44
38 years$1,467$949$595$364$218$38
39 years$1,414$903$558$336$198$32
40 years$1,363$859$523$310$180$28
41 years$1,315$817$490$286$163$24
42 years$1,269$778$460$264$148$20
43 years$1,226$742$431$243$134$17
44 years$1,185$707$405$225$122$15
45 years$1,145$674$380$207$111$13
46 years$1,108$643$357$192$100$11
47 years$1,072$614$335$177$91$9
48 years$1,038$586$315$164$83$8
49 years$1,005$560$296$151$75$7
50 years$973$534$279$140$68$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $997,000, adding $6,645 every year, while hoping to spend $32,850 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: 73/12/15 Blend
34$997,000$997,000$997,000$997,000
35$1,105,548$1,052,707$1,037,254$1,182,099
36$1,183,362$1,069,338$1,037,050$1,250,328
37$1,268,012$1,085,682$1,035,738$1,320,373
38$1,360,160$1,101,692$1,033,246$1,396,229
39$1,460,536$1,117,315$1,029,500$1,478,463
40$1,569,942$1,132,494$1,024,419$1,567,703
41$1,689,262$1,147,172$1,017,922$1,664,637
42$1,819,466$1,161,282$1,009,922$1,770,027
43$1,961,624$1,174,758$1,000,327$1,884,710
44$2,116,915$1,187,527$989,044$2,009,610
45$2,286,635$1,199,509$975,971$2,145,745
46$2,472,210$1,210,624$961,004$2,294,236
47$2,675,213$1,220,782$944,035$2,456,320
48$2,897,373$1,229,889$924,949$2,633,358
49$3,140,597$1,237,845$903,626$2,826,854
50$3,406,981$1,244,543$879,941$3,038,462
51$3,698,837$1,249,869$853,763$3,270,006
52$4,018,709$1,253,704$824,955$3,523,496
53$4,369,400$1,255,918$793,374$3,801,150
54$4,753,996$1,256,375$758,869$4,105,410
55$5,175,896$1,254,930$721,284$4,438,968
56$5,638,846$1,251,430$680,455$4,804,791
57$6,146,969$1,245,711$636,211$5,206,152
58$6,704,809$1,237,600$588,374$5,646,656
59$7,317,371$1,226,913$536,755$6,130,275
60$7,990,167$1,213,456$481,161$6,661,392
61$8,729,270$1,197,022$421,386$7,244,834
62$9,541,371$1,177,392$357,218$7,885,922
63$10,433,841$1,154,334$288,435$8,590,523
64$11,414,799$1,127,603$214,804$9,365,102
65$12,493,191$1,096,938$136,082$10,216,786
66$13,678,873$1,062,064$52,017$11,153,428
67$14,982,702$1,022,689$0$12,183,687
68$16,416,643$978,506$0$13,323,138
69$17,993,875$929,188$0$14,585,543
70$19,728,921$874,388$0$15,974,207
71$21,637,781$813,744$0$17,501,955
72$23,738,086$746,868$0$19,182,920
73$26,049,258$673,352$0$21,032,677
74$28,592,702$592,765$0$23,068,390
75$31,391,999$504,652$0$25,308,972
76$34,473,134$408,531$0$27,775,265
77$37,864,737$303,894$0$30,490,237
78$41,598,358$190,202$0$33,479,201
79$45,708,758$66,889$0$36,770,048
80$50,234,241$0$0$40,393,518
81$55,217,013$0$0$44,392,284
82$60,703,583$0$0$48,805,140
83$66,745,197$0$0$53,664,481
84$73,398,327$0$0$59,015,733
85$80,725,197$0$0$64,908,953
86$88,794,375$0$0$71,399,300
87$97,681,419$0$0$78,547,556
88$107,469,586$0$0$86,420,698
89$118,250,624$0$0$95,092,532
90$130,125,630$0$0$104,644,385
91$143,206,011$0$0$115,165,879
92$157,614,528$0$0$126,755,770
93$173,486,462$0$0$139,522,883
94$190,970,883$0$0$153,587,139
95$210,232,063$0$0$169,080,687
96$231,451,020$0$0$186,149,148
97$254,827,233$0$0$204,952,992
98$280,580,518$0$0$225,669,052
99$308,953,107$0$0$248,492,192
100$340,211,931$0$0$273,637,146