Can I retire at age 35 with 960,000?

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 $960,000?

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$79,276$78,570$77,881$77,208$76,552$75,408
2 years$39,245$38,515$37,806$37,119$36,453$35,303
3 years$25,904$25,170$24,463$23,783$23,127$22,007
4 years$19,234$18,502$17,803$17,134$16,495$15,413
5 years$15,234$14,506$13,816$13,161$12,539$11,499
6 years$12,567$11,845$11,165$10,525$9,922$8,924
7 years$10,664$9,948$9,278$8,653$8,069$7,115
8 years$9,236$8,527$7,869$7,259$6,694$5,783
9 years$8,127$7,424$6,777$6,183$5,637$4,768
10 years$7,240$6,544$5,909$5,330$4,803$3,976
11 years$6,515$5,826$5,202$4,638$4,131$3,345
12 years$5,911$5,229$4,617$4,068$3,580$2,834
13 years$5,400$4,725$4,125$3,592$3,122$2,415
14 years$4,963$4,295$3,706$3,188$2,736$2,067
15 years$4,584$3,924$3,346$2,844$2,409$1,777
16 years$4,253$3,600$3,034$2,546$2,129$1,532
17 years$3,961$3,316$2,760$2,288$1,888$1,325
18 years$3,702$3,064$2,520$2,062$1,679$1,149
19 years$3,471$2,839$2,307$1,863$1,496$998
20 years$3,263$2,639$2,117$1,687$1,337$868
21 years$3,075$2,458$1,947$1,531$1,196$757
22 years$2,904$2,294$1,795$1,392$1,072$660
23 years$2,748$2,146$1,657$1,268$962$577
24 years$2,606$2,010$1,533$1,156$865$504
25 years$2,475$1,887$1,420$1,056$778$441
26 years$2,354$1,773$1,317$966$701$387
27 years$2,243$1,669$1,223$884$632$339
28 years$2,140$1,572$1,136$810$570$297
29 years$2,044$1,483$1,058$743$515$261
30 years$1,954$1,401$985$682$465$229
31 years$1,871$1,324$918$626$421$201
32 years$1,792$1,253$857$575$381$176
33 years$1,719$1,187$800$529$344$155
34 years$1,650$1,125$748$487$312$136
35 years$1,586$1,067$699$448$282$120
36 years$1,525$1,013$654$413$256$105
37 years$1,467$962$612$380$232$92
38 years$1,413$914$573$350$210$81
39 years$1,361$869$537$323$191$71
40 years$1,312$827$503$298$173$63
41 years$1,266$787$472$275$157$55
42 years$1,222$750$443$254$142$49
43 years$1,180$714$415$234$129$43
44 years$1,141$681$390$216$117$38
45 years$1,103$649$366$200$106$33
46 years$1,067$619$344$185$97$29
47 years$1,032$591$323$170$88$26
48 years$999$564$304$158$80$23
49 years$967$539$285$146$72$20
50 years$937$515$268$135$66$17

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $960,000, adding $5,132 every year, while hoping to spend $23,790 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: 28/45/27 Blend
34$960,000$960,000$960,000$960,000
35$1,063,214$1,012,334$997,454$1,083,956
36$1,146,349$1,036,626$1,005,556$1,125,162
37$1,237,167$1,061,311$1,013,132$1,166,999
38$1,336,426$1,086,383$1,020,140$1,211,466
39$1,444,961$1,111,835$1,026,534$1,258,805
40$1,563,691$1,137,659$1,032,268$1,309,283
41$1,693,629$1,163,846$1,037,290$1,363,194
42$1,835,890$1,190,385$1,041,550$1,420,862
43$1,991,701$1,217,264$1,044,992$1,482,645
44$2,162,414$1,244,470$1,047,559$1,548,938
45$2,349,518$1,271,987$1,049,190$1,620,176
46$2,554,653$1,299,798$1,049,822$1,696,840
47$2,779,624$1,327,884$1,049,387$1,779,458
48$3,026,420$1,356,225$1,047,816$1,868,617
49$3,297,233$1,384,798$1,045,036$1,964,960
50$3,594,475$1,413,578$1,040,969$2,069,199
51$3,920,806$1,442,537$1,035,536$2,182,119
52$4,279,152$1,471,646$1,028,650$2,304,585
53$4,672,740$1,500,871$1,020,225$2,437,554
54$5,105,123$1,530,177$1,010,166$2,582,078
55$5,580,216$1,559,526$998,377$2,739,320
56$6,102,331$1,588,876$984,755$2,910,563
57$6,676,219$1,618,181$969,195$3,097,222
58$7,307,114$1,647,393$951,584$3,300,857
59$8,000,783$1,676,458$931,805$3,523,191
60$8,763,580$1,705,321$909,737$3,766,123
61$9,602,503$1,733,920$885,251$4,031,749
62$10,525,264$1,762,188$858,214$4,322,379
63$11,540,362$1,790,056$828,484$4,640,563
64$12,657,158$1,817,448$795,917$4,989,114
65$13,885,966$1,844,281$760,359$5,371,133
66$15,238,153$1,870,469$721,650$5,790,041
67$16,726,242$1,895,919$679,622$6,249,612
68$18,364,030$1,920,531$634,100$6,754,008
69$20,166,721$1,944,197$584,903$7,307,818
70$22,151,068$1,966,804$531,839$7,916,105
71$24,335,530$1,988,230$474,708$8,584,451
72$26,740,445$2,008,345$413,302$9,319,013
73$29,388,228$2,027,011$347,405$10,126,581
74$32,303,571$2,044,079$276,787$11,014,641
75$35,513,689$2,059,393$201,214$11,991,449
76$39,048,567$2,072,784$120,435$13,066,111
77$42,941,245$2,084,074$34,194$14,248,665
78$47,228,132$2,093,075$0$15,550,180
79$51,949,349$2,099,582$0$16,999,526
80$57,149,104$2,103,384$0$18,605,093
81$62,876,113$2,104,250$0$20,371,943
82$69,184,058$2,101,940$0$22,316,526
83$76,132,093$2,096,195$0$24,456,971
84$83,785,402$2,086,744$0$26,813,263
85$92,215,815$2,073,297$0$29,407,429
86$101,502,486$2,055,546$0$32,263,745
87$111,732,637$2,033,166$0$35,408,971
88$123,002,387$2,005,812$0$38,872,602
89$135,417,652$1,973,117$0$42,687,145
90$149,095,147$1,934,695$0$46,888,431
91$164,163,491$1,890,134$0$51,515,950
92$180,764,417$1,839,000$0$56,613,231
93$199,054,108$1,780,833$0$62,228,247
94$219,204,678$1,715,144$0$68,413,873
95$241,405,787$1,641,418$0$75,228,389
96$265,866,440$1,559,111$0$82,736,024
97$292,816,954$1,467,644$0$91,007,573
98$322,511,132$1,366,407$0$100,121,060
99$355,228,662$1,254,756$0$110,162,479
100$391,277,754$1,132,007$0$121,226,609