Can I retire at age 35 with 964,000?

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 $964,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.9%
1 years$79,606$78,897$78,205$77,530$76,871$75,319
2 years$39,409$38,675$37,964$37,274$36,605$35,048
3 years$26,012$25,275$24,565$23,882$23,224$21,711
4 years$19,314$18,579$17,877$17,206$16,563$15,106
5 years$15,297$14,567$13,873$13,215$12,591$11,193
6 years$12,620$11,895$11,212$10,569$9,963$8,626
7 years$10,708$9,989$9,317$8,689$8,103$6,827
8 years$9,275$8,563$7,902$7,289$6,722$5,507
9 years$8,161$7,455$6,806$6,209$5,661$4,506
10 years$7,270$6,571$5,933$5,352$4,823$3,728
11 years$6,542$5,850$5,224$4,658$4,148$3,110
12 years$5,935$5,251$4,636$4,085$3,595$2,613
13 years$5,423$4,745$4,142$3,607$3,135$2,208
14 years$4,984$4,313$3,721$3,202$2,748$1,874
15 years$4,603$3,940$3,360$2,855$2,419$1,596
16 years$4,271$3,615$3,046$2,557$2,138$1,364
17 years$3,978$3,329$2,772$2,297$1,896$1,169
18 years$3,718$3,076$2,530$2,070$1,686$1,004
19 years$3,485$2,851$2,317$1,871$1,503$863
20 years$3,276$2,650$2,126$1,694$1,342$744
21 years$3,088$2,468$1,955$1,538$1,201$642
22 years$2,916$2,304$1,802$1,398$1,077$555
23 years$2,760$2,155$1,664$1,273$966$480
24 years$2,617$2,019$1,539$1,161$869$415
25 years$2,485$1,894$1,425$1,061$782$360
26 years$2,364$1,781$1,322$970$704$312
27 years$2,252$1,676$1,228$888$635$270
28 years$2,149$1,579$1,141$813$573$234
29 years$2,052$1,490$1,062$746$517$204
30 years$1,962$1,407$989$684$467$177
31 years$1,878$1,330$922$629$422$153
32 years$1,800$1,258$860$578$382$133
33 years$1,726$1,192$803$531$346$116
34 years$1,657$1,129$751$489$313$101
35 years$1,592$1,071$702$450$284$88
36 years$1,531$1,017$657$414$257$76
37 years$1,473$966$614$382$233$66
38 years$1,419$918$575$352$211$58
39 years$1,367$873$539$324$191$50
40 years$1,318$830$505$299$174$44
41 years$1,271$790$474$276$158$38
42 years$1,227$753$444$255$143$33
43 years$1,185$717$417$235$130$29
44 years$1,145$684$392$217$118$25
45 years$1,107$652$368$201$107$22
46 years$1,071$622$345$185$97$19
47 years$1,036$593$324$171$88$16
48 years$1,003$567$305$158$80$14
49 years$972$541$287$146$73$12
50 years$941$517$269$135$66$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $964,000, adding $3,644 every year, while hoping to spend $28,256 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: 80/14/6 Blend
34$964,000$964,000$964,000$964,000
35$1,066,087$1,014,995$1,000,053$1,150,597
36$1,144,763$1,034,665$1,003,490$1,226,121
37$1,230,518$1,054,353$1,006,096$1,304,861
38$1,324,043$1,074,028$1,007,812$1,390,396
39$1,426,100$1,093,660$1,008,578$1,483,391
40$1,537,527$1,113,214$1,008,331$1,584,576
41$1,659,247$1,132,654$1,007,003$1,694,755
42$1,792,278$1,151,941$1,004,524$1,814,813
43$1,937,736$1,171,033$1,000,822$1,945,727
44$2,096,855$1,189,883$995,819$2,088,570
45$2,270,990$1,208,443$989,435$2,244,527
46$2,461,635$1,226,661$981,585$2,414,902
47$2,670,435$1,244,480$972,181$2,601,130
48$2,899,200$1,261,840$961,130$2,804,794
49$3,149,924$1,278,677$948,334$3,027,637
50$3,424,806$1,294,921$933,692$3,271,578
51$3,726,264$1,310,500$917,099$3,538,734
52$4,056,962$1,325,334$898,441$3,831,436
53$4,419,836$1,339,339$877,602$4,152,251
54$4,818,118$1,352,426$854,461$4,504,009
55$5,255,371$1,364,499$828,890$4,889,828
56$5,735,516$1,375,457$800,755$5,313,143
57$6,262,875$1,385,190$769,917$5,777,739
58$6,842,208$1,393,584$736,229$6,287,787
59$7,478,759$1,400,516$699,539$6,847,883
60$8,178,306$1,405,855$659,687$7,463,091
61$8,947,213$1,409,462$616,506$8,138,992
62$9,792,493$1,411,189$569,823$8,881,735
63$10,721,869$1,410,880$519,454$9,698,097
64$11,743,855$1,408,368$465,211$10,595,545
65$12,867,826$1,403,476$406,893$11,582,307
66$14,104,114$1,396,016$344,294$12,667,452
67$15,464,103$1,385,790$277,197$13,860,973
68$16,960,333$1,372,585$205,375$15,173,880
69$18,606,624$1,356,179$128,592$16,618,311
70$20,418,201$1,336,333$46,601$18,207,637
71$22,411,840$1,312,797$0$19,956,596
72$24,606,027$1,285,303$0$21,884,046
73$27,021,129$1,253,570$0$24,008,622
74$29,679,587$1,217,298$0$26,347,077
75$32,606,131$1,176,171$0$28,921,166
76$35,828,008$1,129,855$0$31,754,861
77$39,375,242$1,077,995$0$34,874,579
78$43,280,916$1,020,216$0$38,309,432
79$47,581,485$956,123$0$42,091,500
80$52,317,118$885,295$0$46,256,135
81$57,532,080$807,289$0$50,842,294
82$63,275,143$721,638$0$55,892,909
83$69,600,055$627,845$0$61,455,290
84$76,566,040$525,389$0$67,581,571
85$84,238,359$413,716$0$74,329,206
86$92,688,925$292,242$0$81,761,509
87$101,996,985$160,351$0$89,948,252
88$112,249,860$17,391$0$98,966,323
89$123,543,779$0$0$108,900,456
90$135,984,777$0$0$119,865,180
91$149,689,701$0$0$131,946,843
92$164,787,315$0$0$145,256,281
93$181,419,506$0$0$159,918,584
94$199,742,633$0$0$176,071,597
95$219,928,997$0$0$193,867,218
96$242,168,468$0$0$213,472,836
97$266,670,276$0$0$235,072,909
98$293,664,988$0$0$258,870,704
99$323,406,682$0$0$285,090,215
100$356,175,348$0$0$313,978,279