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%19.2%
1 years$82,331$81,598$80,882$80,184$79,502$76,560
2 years$40,758$39,999$39,263$38,550$37,858$34,927
3 years$26,902$26,140$25,406$24,699$24,019$21,191
4 years$19,976$19,216$18,489$17,795$17,130$14,427
5 years$15,821$15,065$14,348$13,668$13,022$10,451
6 years$13,052$12,302$11,596$10,930$10,304$7,867
7 years$11,075$10,331$9,636$8,986$8,380$6,076
8 years$9,592$8,856$8,172$7,538$6,952$4,779
9 years$8,440$7,710$7,039$6,421$5,855$3,810
10 years$7,519$6,796$6,136$5,535$4,988$3,068
11 years$6,766$6,050$5,402$4,817$4,290$2,490
12 years$6,139$5,431$4,794$4,225$3,718$2,034
13 years$5,608$4,908$4,284$3,730$3,242$1,669
14 years$5,154$4,461$3,849$3,311$2,842$1,375
15 years$4,761$4,075$3,475$2,953$2,502$1,136
16 years$4,417$3,739$3,151$2,644$2,211$942
17 years$4,114$3,443$2,867$2,376$1,961$782
18 years$3,845$3,182$2,617$2,141$1,744$650
19 years$3,605$2,949$2,396$1,935$1,554$542
20 years$3,388$2,740$2,199$1,752$1,388$452
21 years$3,193$2,552$2,022$1,590$1,242$377
22 years$3,016$2,383$1,864$1,446$1,113$315
23 years$2,854$2,228$1,721$1,317$999$263
24 years$2,706$2,088$1,592$1,201$898$220
25 years$2,570$1,959$1,474$1,097$808$184
26 years$2,445$1,841$1,367$1,003$728$154
27 years$2,329$1,733$1,270$918$657$129
28 years$2,222$1,633$1,180$841$592$108
29 years$2,122$1,541$1,098$771$535$91
30 years$2,029$1,455$1,023$708$483$76
31 years$1,943$1,375$954$650$437$64
32 years$1,862$1,301$890$597$395$53
33 years$1,785$1,232$831$549$358$45
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$26
37 years$1,524$999$636$395$241$22
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$6
45 years$1,145$674$380$207$111$5
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 $5,366 every year, while hoping to spend $24,364 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: 61/28/11 Blend
34$997,000$997,000$997,000$997,000
35$1,104,229$1,051,388$1,035,935$1,168,428
36$1,190,937$1,076,983$1,044,715$1,237,736
37$1,285,673$1,103,015$1,052,974$1,310,069
38$1,389,230$1,129,481$1,060,666$1,388,397
39$1,502,481$1,156,375$1,067,748$1,473,300
40$1,626,387$1,183,690$1,074,170$1,565,417
41$1,762,006$1,211,420$1,079,883$1,665,451
42$1,910,506$1,239,554$1,084,835$1,774,178
43$2,073,169$1,268,084$1,088,968$1,892,451
44$2,251,409$1,296,997$1,092,225$2,021,211
45$2,446,783$1,326,280$1,094,545$2,161,494
46$2,661,006$1,355,918$1,095,863$2,314,440
47$2,895,966$1,385,896$1,096,112$2,481,306
48$3,153,743$1,416,193$1,095,220$2,663,479
49$3,436,629$1,446,791$1,093,114$2,862,482
50$3,747,147$1,477,666$1,089,715$3,079,998
51$4,088,077$1,508,792$1,084,942$3,317,878
52$4,462,482$1,540,144$1,078,709$3,578,165
53$4,873,736$1,571,691$1,070,925$3,863,105
54$5,325,553$1,603,401$1,061,498$4,175,178
55$5,822,029$1,635,236$1,050,327$4,517,113
56$6,367,673$1,667,160$1,037,310$4,891,920
57$6,967,454$1,699,130$1,022,339$5,302,914
58$7,626,847$1,731,100$1,005,300$5,753,749
59$8,351,883$1,763,021$986,075$6,248,451
60$9,149,205$1,794,840$964,539$6,791,458
61$10,026,136$1,826,499$940,563$7,387,658
62$10,990,741$1,857,936$914,010$8,042,441
63$12,051,906$1,889,084$884,739$8,761,744
64$13,219,424$1,919,873$852,601$9,552,113
65$14,504,082$1,950,224$817,441$10,420,758
66$15,917,768$1,980,054$779,095$11,375,629
67$17,473,580$2,009,277$737,394$12,425,484
68$19,185,949$2,037,795$692,161$13,579,977
69$21,070,776$2,065,508$643,209$14,849,745
70$23,145,584$2,092,306$590,344$16,246,515
71$25,429,678$2,118,073$533,365$17,783,206
72$27,944,332$2,142,685$472,060$19,474,058
73$30,712,986$2,166,009$406,206$21,334,766
74$33,761,471$2,187,904$335,574$23,382,624
75$37,118,247$2,208,218$259,923$25,636,694
76$40,814,678$2,226,790$178,999$28,117,982
77$44,885,321$2,243,449$92,542$30,849,639
78$49,368,258$2,258,011$276$33,857,178
79$54,305,450$2,270,284$0$37,168,719
80$59,743,137$2,280,058$0$40,826,774
81$65,732,271$2,287,116$0$44,854,754
82$72,329,001$2,291,223$0$49,290,302
83$79,595,196$2,292,129$0$54,174,934
84$87,599,035$2,289,573$0$59,554,404
85$96,415,647$2,283,273$0$65,479,133
86$106,127,821$2,272,931$0$72,004,686
87$116,826,787$2,258,233$0$79,192,297
88$128,613,076$2,238,843$0$87,109,446
89$141,597,471$2,214,407$0$95,830,499
90$155,902,048$2,184,548$0$105,437,408
91$171,661,334$2,148,868$0$116,020,486
92$189,023,570$2,106,943$0$127,679,262
93$208,152,118$2,058,327$0$140,523,417
94$229,226,994$2,002,545$0$154,673,823
95$252,446,574$1,939,096$0$170,263,684
96$278,029,460$1,867,448$0$187,439,794
97$306,216,552$1,787,039$0$206,363,924
98$337,273,311$1,697,275$0$227,214,349
99$371,492,274$1,597,527$0$250,187,532
100$409,195,810$1,487,129$0$275,499,980