Can I retire at age 35 with 999,000?

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 $999,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.6%
1 years$82,496$81,762$81,045$80,345$79,662$78,471
2 years$40,840$40,079$39,342$38,627$37,934$36,737
3 years$26,956$26,192$25,457$24,749$24,067$22,901
4 years$20,016$19,254$18,526$17,830$17,165$16,039
5 years$15,852$15,095$14,377$13,695$13,048$11,966
6 years$13,078$12,327$11,619$10,952$10,325$9,287
7 years$11,097$10,352$9,655$9,004$8,397$7,404
8 years$9,612$8,873$8,188$7,554$6,966$6,018
9 years$8,457$7,726$7,053$6,434$5,866$4,962
10 years$7,534$6,810$6,149$5,546$4,998$4,138
11 years$6,779$6,063$5,413$4,827$4,299$3,481
12 years$6,151$5,441$4,804$4,234$3,725$2,949
13 years$5,620$4,917$4,292$3,738$3,248$2,513
14 years$5,164$4,470$3,857$3,318$2,848$2,151
15 years$4,770$4,083$3,482$2,959$2,507$1,849
16 years$4,426$3,746$3,157$2,650$2,216$1,595
17 years$4,122$3,450$2,873$2,381$1,965$1,379
18 years$3,853$3,188$2,622$2,145$1,747$1,196
19 years$3,612$2,955$2,401$1,939$1,557$1,038
20 years$3,395$2,746$2,203$1,756$1,391$904
21 years$3,200$2,558$2,026$1,593$1,245$787
22 years$3,022$2,387$1,868$1,449$1,116$687
23 years$2,860$2,233$1,725$1,319$1,001$600
24 years$2,712$2,092$1,595$1,203$900$525
25 years$2,576$1,963$1,477$1,099$810$459
26 years$2,450$1,845$1,370$1,005$730$402
27 years$2,334$1,736$1,272$920$658$352
28 years$2,227$1,636$1,183$843$594$309
29 years$2,127$1,544$1,101$773$536$271
30 years$2,034$1,458$1,025$709$484$238
31 years$1,947$1,378$956$651$438$209
32 years$1,865$1,304$892$599$396$183
33 years$1,789$1,235$833$550$358$161
34 years$1,717$1,170$778$507$325$142
35 years$1,650$1,110$727$466$294$124
36 years$1,587$1,054$680$429$266$109
37 years$1,527$1,001$637$396$241$96
38 years$1,470$951$596$365$219$85
39 years$1,417$904$559$336$198$74
40 years$1,366$860$524$310$180$65
41 years$1,318$819$491$286$163$58
42 years$1,272$780$461$264$148$51
43 years$1,228$743$432$244$134$45
44 years$1,187$708$406$225$122$39
45 years$1,147$676$381$208$111$34
46 years$1,110$644$358$192$101$30
47 years$1,074$615$336$177$91$27
48 years$1,040$587$316$164$83$23
49 years$1,007$561$297$151$75$21
50 years$975$536$279$140$68$18

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $999,000, adding $6,969 every year, while hoping to spend $55,262 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: 54/41/5 Blend
34$999,000$999,000$999,000$999,000
35$1,108,087$1,055,140$1,039,655$1,166,377
36$1,162,313$1,048,043$1,015,685$1,199,426
37$1,220,218$1,038,747$989,060$1,228,653
38$1,282,120$1,027,084$959,633$1,259,099
39$1,348,364$1,012,880$927,249$1,290,889
40$1,419,333$995,946$891,747$1,324,160
41$1,495,444$976,087$852,959$1,359,067
42$1,577,155$953,091$810,710$1,395,784
43$1,664,970$926,737$764,813$1,434,506
44$1,759,441$896,791$715,078$1,475,451
45$1,861,174$863,004$661,304$1,518,863
46$1,970,835$825,113$603,279$1,565,013
47$2,089,156$782,840$540,785$1,614,207
48$2,216,941$735,889$473,592$1,666,784
49$2,355,073$683,952$401,461$1,723,125
50$2,504,522$626,697$324,141$1,783,652
51$2,666,355$563,778$241,373$1,848,838
52$2,841,747$494,826$152,882$1,919,208
53$3,031,986$419,453$58,384$1,995,349
54$3,238,492$337,250$0$2,077,914
55$3,462,824$247,781$0$2,169,893
56$3,706,700$150,590$0$2,273,302
57$3,972,006$45,192$0$2,385,937
58$4,260,822$0$0$2,508,815
59$4,575,432$0$0$2,674,161
60$4,918,353$0$0$2,876,695
61$5,292,353$0$0$3,097,677
62$5,700,479$0$0$3,338,916
63$6,146,086$0$0$3,602,408
64$6,632,866$0$0$3,890,348
65$7,164,883$0$0$4,205,154
66$7,746,614$0$0$4,549,486
67$8,382,984$0$0$4,926,276
68$9,079,420$0$0$5,338,750
69$9,841,896$0$0$5,790,461
70$10,676,990$0$0$6,285,321
71$11,591,948$0$0$6,827,641
72$12,594,747$0$0$7,422,166
73$13,694,174$0$0$8,074,123
74$14,899,908$0$0$8,789,269
75$16,222,609$0$0$9,573,944
76$17,674,016$0$0$10,435,134
77$19,267,064$0$0$11,380,531
78$21,015,996$0$0$12,418,611
79$22,936,506$0$0$13,558,709
80$25,045,879$0$0$14,811,109
81$27,363,159$0$0$16,187,141
82$29,909,323$0$0$17,699,284
83$32,707,482$0$0$19,361,289
84$35,783,097$0$0$21,188,304
85$39,164,218$0$0$23,197,018
86$42,881,747$0$0$25,405,817
87$46,969,731$0$0$27,834,959
88$51,465,682$0$0$30,506,762
89$56,410,929$0$0$33,445,818
90$61,851,007$0$0$36,679,219
91$67,836,087$0$0$40,236,817
92$74,421,449$0$0$44,151,505
93$81,667,998$0$0$48,459,522
94$89,642,846$0$0$53,200,802
95$98,419,937$0$0$58,419,341
96$108,080,746$0$0$64,163,621
97$118,715,051$0$0$70,487,062
98$130,421,772$0$0$77,448,524
99$143,309,909$0$0$85,112,866
100$157,499,567$0$0$93,551,556