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%14.5%
1 years$82,331$81,598$80,882$80,184$79,502$78,025
2 years$40,758$39,999$39,263$38,550$37,858$36,375
3 years$26,902$26,140$25,406$24,699$24,019$22,576
4 years$19,976$19,216$18,489$17,795$17,130$15,740
5 years$15,821$15,065$14,348$13,668$13,022$11,687
6 years$13,052$12,302$11,596$10,930$10,304$9,027
7 years$11,075$10,331$9,636$8,986$8,380$7,160
8 years$9,592$8,856$8,172$7,538$6,952$5,789
9 years$8,440$7,710$7,039$6,421$5,855$4,748
10 years$7,519$6,796$6,136$5,535$4,988$3,938
11 years$6,766$6,050$5,402$4,817$4,290$3,294
12 years$6,139$5,431$4,794$4,225$3,718$2,775
13 years$5,608$4,908$4,284$3,730$3,242$2,350
14 years$5,154$4,461$3,849$3,311$2,842$2,000
15 years$4,761$4,075$3,475$2,953$2,502$1,708
16 years$4,417$3,739$3,151$2,644$2,211$1,464
17 years$4,114$3,443$2,867$2,376$1,961$1,258
18 years$3,845$3,182$2,617$2,141$1,744$1,083
19 years$3,605$2,949$2,396$1,935$1,554$935
20 years$3,388$2,740$2,199$1,752$1,388$808
21 years$3,193$2,552$2,022$1,590$1,242$699
22 years$3,016$2,383$1,864$1,446$1,113$606
23 years$2,854$2,228$1,721$1,317$999$526
24 years$2,706$2,088$1,592$1,201$898$457
25 years$2,570$1,959$1,474$1,097$808$397
26 years$2,445$1,841$1,367$1,003$728$345
27 years$2,329$1,733$1,270$918$657$300
28 years$2,222$1,633$1,180$841$592$261
29 years$2,122$1,541$1,098$771$535$227
30 years$2,029$1,455$1,023$708$483$198
31 years$1,943$1,375$954$650$437$173
32 years$1,862$1,301$890$597$395$151
33 years$1,785$1,232$831$549$358$131
34 years$1,714$1,168$776$505$324$114
35 years$1,647$1,108$726$465$293$100
36 years$1,583$1,052$679$429$266$87
37 years$1,524$999$636$395$241$76
38 years$1,467$949$595$364$218$66
39 years$1,414$903$558$336$198$58
40 years$1,363$859$523$310$180$51
41 years$1,315$817$490$286$163$44
42 years$1,269$778$460$264$148$38
43 years$1,226$742$431$243$134$34
44 years$1,185$707$405$225$122$29
45 years$1,145$674$380$207$111$26
46 years$1,108$643$357$192$100$22
47 years$1,072$614$335$177$91$20
48 years$1,038$586$315$164$83$17
49 years$1,005$560$296$151$75$15
50 years$973$534$279$140$68$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $997,000, adding $4,530 every year, while hoping to spend $34,732 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: 49/23/28 Blend
34$997,000$997,000$997,000$997,000
35$1,103,367$1,050,526$1,035,072$1,148,455
36$1,178,956$1,065,047$1,032,793$1,195,056
37$1,261,090$1,079,116$1,029,272$1,241,865
38$1,350,402$1,092,673$1,024,434$1,292,047
39$1,447,585$1,105,656$1,018,194$1,345,938
40$1,553,403$1,117,997$1,010,468$1,403,910
41$1,668,697$1,129,626$1,001,166$1,466,373
42$1,794,392$1,140,465$990,192$1,533,781
43$1,931,505$1,150,433$977,449$1,606,636
44$2,081,157$1,159,443$962,832$1,685,491
45$2,244,582$1,167,403$946,234$1,770,960
46$2,423,138$1,174,214$927,541$1,863,719
47$2,618,318$1,179,771$906,634$1,964,516
48$2,831,770$1,183,963$883,390$2,074,176
49$3,065,305$1,186,672$857,678$2,193,613
50$3,320,919$1,187,771$829,363$2,323,834
51$3,600,808$1,187,127$798,302$2,465,951
52$3,907,392$1,184,598$764,346$2,621,195
53$4,243,336$1,180,033$727,342$2,790,924
54$4,611,574$1,173,272$687,125$2,976,635
55$5,015,338$1,164,146$643,527$3,179,985
56$5,458,187$1,152,474$596,370$3,402,800
57$5,944,042$1,138,065$545,469$3,647,099
58$6,477,222$1,120,718$490,630$3,915,108
59$7,062,483$1,100,218$431,650$4,209,287
60$7,705,066$1,076,337$368,319$4,532,348
61$8,410,741$1,048,836$300,417$4,887,287
62$9,185,867$1,017,460$227,711$5,277,408
63$10,037,449$981,940$149,963$5,706,361
64$10,973,203$941,989$66,921$6,178,170
65$12,001,630$897,307$0$6,697,277
66$13,132,096$847,573$0$7,275,066
67$14,374,916$792,452$0$7,932,219
68$15,741,461$731,584$0$8,654,774
69$17,244,252$664,594$0$9,449,402
70$18,897,088$591,082$0$10,323,456
71$20,715,172$510,627$0$11,285,042
72$22,715,255$422,782$0$12,343,099
73$24,915,790$327,078$0$13,507,475
74$27,337,113$223,017$0$14,789,032
75$30,001,628$110,074$0$16,199,740
76$32,934,021$0$0$17,752,794
77$36,161,494$0$0$19,465,854
78$39,714,017$0$0$21,382,236
79$43,624,616$0$0$23,491,911
80$47,929,678$0$0$25,814,526
81$52,669,300$0$0$28,371,731
82$57,887,663$0$0$31,187,381
83$63,633,452$0$0$34,287,762
84$69,960,310$0$0$37,701,838
85$76,927,350$0$0$41,461,528
86$84,599,707$0$0$45,601,999
87$93,049,156$0$0$50,162,008
88$102,354,787$0$0$55,184,259
89$112,603,754$0$0$60,715,809
90$123,892,091$0$0$66,808,515
91$136,325,626$0$0$73,519,517
92$150,020,972$0$0$80,911,781
93$165,106,633$0$0$89,054,695
94$181,724,212$0$0$98,024,719
95$200,029,751$0$0$107,906,108
96$220,195,199$0$0$118,791,709
97$242,410,038$0$0$130,783,835
98$266,883,072$0$0$143,995,232
99$293,844,392$0$0$158,550,143
100$323,547,553$0$0$174,585,477