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%11.1%
1 years$82,331$81,598$80,882$80,184$79,502$79,134
2 years$40,758$39,999$39,263$38,550$37,858$37,486
3 years$26,902$26,140$25,406$24,699$24,019$23,655
4 years$19,976$19,216$18,489$17,795$17,130$16,778
5 years$15,821$15,065$14,348$13,668$13,022$12,681
6 years$13,052$12,302$11,596$10,930$10,304$9,975
7 years$11,075$10,331$9,636$8,986$8,380$8,064
8 years$9,592$8,856$8,172$7,538$6,952$6,648
9 years$8,440$7,710$7,039$6,421$5,855$5,563
10 years$7,519$6,796$6,136$5,535$4,988$4,710
11 years$6,766$6,050$5,402$4,817$4,290$4,024
12 years$6,139$5,431$4,794$4,225$3,718$3,463
13 years$5,608$4,908$4,284$3,730$3,242$2,999
14 years$5,154$4,461$3,849$3,311$2,842$2,610
15 years$4,761$4,075$3,475$2,953$2,502$2,282
16 years$4,417$3,739$3,151$2,644$2,211$2,002
17 years$4,114$3,443$2,867$2,376$1,961$1,762
18 years$3,845$3,182$2,617$2,141$1,744$1,555
19 years$3,605$2,949$2,396$1,935$1,554$1,375
20 years$3,388$2,740$2,199$1,752$1,388$1,218
21 years$3,193$2,552$2,022$1,590$1,242$1,082
22 years$3,016$2,383$1,864$1,446$1,113$962
23 years$2,854$2,228$1,721$1,317$999$856
24 years$2,706$2,088$1,592$1,201$898$763
25 years$2,570$1,959$1,474$1,097$808$681
26 years$2,445$1,841$1,367$1,003$728$608
27 years$2,329$1,733$1,270$918$657$544
28 years$2,222$1,633$1,180$841$592$487
29 years$2,122$1,541$1,098$771$535$436
30 years$2,029$1,455$1,023$708$483$390
31 years$1,943$1,375$954$650$437$350
32 years$1,862$1,301$890$597$395$313
33 years$1,785$1,232$831$549$358$281
34 years$1,714$1,168$776$505$324$252
35 years$1,647$1,108$726$465$293$226
36 years$1,583$1,052$679$429$266$203
37 years$1,524$999$636$395$241$182
38 years$1,467$949$595$364$218$164
39 years$1,414$903$558$336$198$147
40 years$1,363$859$523$310$180$132
41 years$1,315$817$490$286$163$119
42 years$1,269$778$460$264$148$107
43 years$1,226$742$431$243$134$96
44 years$1,185$707$405$225$122$86
45 years$1,145$674$380$207$111$78
46 years$1,108$643$357$192$100$70
47 years$1,072$614$335$177$91$63
48 years$1,038$586$315$164$83$57
49 years$1,005$560$296$151$75$51
50 years$973$534$279$140$68$46

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $997,000, adding $4,933 every year, while hoping to spend $45,884 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: 32/50/18 Blend
34$997,000$997,000$997,000$997,000
35$1,103,782$1,050,941$1,035,488$1,132,767
36$1,167,548$1,053,617$1,021,357$1,157,433
37$1,236,280$1,054,886$1,005,214$1,179,431
38$1,310,436$1,054,632$986,944$1,202,149
39$1,390,520$1,052,728$966,426$1,225,678
40$1,477,085$1,049,043$943,533$1,250,119
41$1,570,738$1,043,437$918,132$1,275,589
42$1,672,148$1,035,760$890,085$1,302,220
43$1,782,050$1,025,855$859,245$1,330,160
44$1,901,250$1,013,554$825,461$1,359,579
45$2,030,639$998,679$788,575$1,390,667
46$2,171,192$981,042$748,420$1,423,640
47$2,323,985$960,444$704,823$1,458,739
48$2,490,199$936,674$657,603$1,496,237
49$2,671,136$909,507$606,569$1,536,441
50$2,868,227$878,708$551,524$1,579,695
51$3,083,047$844,026$492,262$1,626,384
52$3,317,330$805,196$428,565$1,676,940
53$3,572,984$761,937$360,208$1,731,848
54$3,852,110$713,953$286,956$1,791,648
55$4,157,018$660,930$208,562$1,856,947
56$4,490,255$602,536$124,771$1,928,420
57$4,854,623$538,422$35,312$2,006,821
58$5,253,207$468,217$0$2,092,993
59$5,689,403$391,529$0$2,199,428
60$6,166,953$307,946$0$2,323,606
61$6,689,977$217,029$0$2,459,961
62$7,263,009$118,318$0$2,609,851
63$7,891,046$11,326$0$2,774,782
64$8,579,591$0$0$2,956,423
65$9,334,702$0$0$3,214,101
66$10,163,054$0$0$3,503,764
67$11,071,999$0$0$3,821,770
68$12,069,633$0$0$4,170,972
69$13,164,878$0$0$4,554,514
70$14,367,559$0$0$4,975,857
71$15,688,498$0$0$5,438,815
72$17,139,620$0$0$5,947,591
73$18,734,059$0$0$6,506,814
74$20,486,287$0$0$7,121,583
75$22,412,244$0$0$7,797,517
76$24,529,495$0$0$8,540,807
77$26,857,387$0$0$9,358,273
78$29,417,240$0$0$10,257,429
79$32,232,541$0$0$11,246,555
80$35,329,166$0$0$12,334,771
81$38,735,628$0$0$13,532,129
82$42,483,341$0$0$14,849,703
83$46,606,915$0$0$16,299,694
84$51,144,487$0$0$17,895,546
85$56,138,077$0$0$19,652,075
86$61,633,984$0$0$21,585,601
87$67,683,223$0$0$23,714,111
88$74,342,006$0$0$26,057,422
89$81,672,270$0$0$28,637,373
90$89,742,263$0$0$31,478,024
91$98,627,187$0$0$34,605,890
92$108,409,907$0$0$38,050,187
93$119,181,730$0$0$41,843,109
94$131,043,272$0$0$46,020,131
95$144,105,398$0$0$50,620,344
96$158,490,275$0$0$55,686,822
97$174,332,524$0$0$61,267,032
98$191,780,483$0$0$67,413,278
99$210,997,614$0$0$74,183,197
100$232,164,042$0$0$81,640,302