Can I retire at age 35 with 968,000?

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 $968,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.4%
1 years$79,937$79,225$78,530$77,852$77,190$76,099
2 years$39,573$38,836$38,121$37,429$36,757$35,660
3 years$26,120$25,379$24,667$23,981$23,320$22,251
4 years$19,395$18,657$17,951$17,277$16,632$15,600
5 years$15,360$14,627$13,931$13,270$12,643$11,650
6 years$12,672$11,944$11,258$10,612$10,004$9,052
7 years$10,752$10,031$9,356$8,725$8,136$7,224
8 years$9,313$8,598$7,934$7,319$6,750$5,879
9 years$8,195$7,486$6,834$6,234$5,684$4,853
10 years$7,300$6,599$5,958$5,374$4,843$4,052
11 years$6,569$5,874$5,245$4,677$4,165$3,413
12 years$5,960$5,273$4,655$4,102$3,610$2,895
13 years$5,445$4,765$4,159$3,622$3,148$2,470
14 years$5,004$4,331$3,737$3,215$2,759$2,118
15 years$4,622$3,957$3,374$2,867$2,429$1,823
16 years$4,289$3,630$3,059$2,567$2,147$1,574
17 years$3,994$3,343$2,783$2,307$1,904$1,363
18 years$3,733$3,089$2,541$2,079$1,693$1,183
19 years$3,500$2,863$2,326$1,878$1,509$1,029
20 years$3,290$2,660$2,135$1,701$1,348$897
21 years$3,100$2,478$1,964$1,544$1,206$783
22 years$2,928$2,313$1,810$1,404$1,081$684
23 years$2,771$2,164$1,671$1,278$970$599
24 years$2,628$2,027$1,545$1,166$872$524
25 years$2,496$1,902$1,431$1,065$785$460
26 years$2,374$1,788$1,327$974$707$403
27 years$2,262$1,683$1,233$891$637$354
28 years$2,157$1,586$1,146$817$575$311
29 years$2,061$1,496$1,066$749$519$273
30 years$1,970$1,413$993$687$469$240
31 years$1,886$1,335$926$631$424$211
32 years$1,807$1,264$864$580$384$186
33 years$1,734$1,197$807$533$347$163
34 years$1,664$1,134$754$491$314$144
35 years$1,599$1,076$705$452$285$127
36 years$1,537$1,021$659$416$258$111
37 years$1,479$970$617$383$234$98
38 years$1,425$922$578$353$212$86
39 years$1,373$876$541$326$192$76
40 years$1,323$834$507$301$174$67
41 years$1,277$794$476$277$158$59
42 years$1,232$756$446$256$144$52
43 years$1,190$720$419$236$130$46
44 years$1,150$686$393$218$118$40
45 years$1,112$655$369$201$107$36
46 years$1,075$624$347$186$97$31
47 years$1,041$596$326$172$89$28
48 years$1,007$569$306$159$80$24
49 years$976$543$288$147$73$22
50 years$945$519$270$136$66$19

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $968,000, adding $5,076 every year, while hoping to spend $48,899 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: 47/34/19 Blend
34$968,000$968,000$968,000$968,000
35$1,071,972$1,020,668$1,005,664$1,116,354
36$1,129,285$1,018,652$987,325$1,145,783
37$1,190,805$1,014,899$966,734$1,172,381
38$1,256,909$1,009,272$943,762$1,200,221
39$1,328,013$1,001,625$918,277$1,229,440
40$1,404,570$991,805$890,139$1,260,192
41$1,487,081$979,648$859,203$1,292,649
42$1,576,094$964,981$825,317$1,327,003
43$1,672,212$947,622$788,322$1,363,471
44$1,776,099$927,376$748,051$1,402,293
45$1,888,481$904,038$704,331$1,443,741
46$2,010,159$877,389$656,980$1,488,114
47$2,142,014$847,200$605,807$1,535,750
48$2,285,013$813,226$550,616$1,587,023
49$2,440,220$775,210$491,197$1,642,354
50$2,608,806$732,878$427,335$1,702,206
51$2,792,057$685,942$358,804$1,767,102
52$2,991,390$634,096$285,367$1,837,618
53$3,208,363$577,019$206,778$1,914,398
54$3,444,691$514,367$122,780$1,998,160
55$3,702,260$445,782$33,103$2,089,697
56$3,983,147$370,881$0$2,189,896
57$4,289,637$289,263$0$2,312,429
58$4,624,245$200,502$0$2,453,685
59$4,989,741$104,150$0$2,608,218
60$5,389,173$0$0$2,777,438
61$5,825,897$0$0$2,963,006
62$6,303,608$0$0$3,208,716
63$6,826,375$0$0$3,477,709
64$7,398,678$0$0$3,772,302
65$8,025,450$0$0$4,095,050
66$8,712,125$0$0$4,448,764
67$9,464,685$0$0$4,836,541
68$10,289,719$0$0$5,261,793
69$11,194,485$0$0$5,728,277
70$12,186,977$0$0$6,240,130
71$13,275,999$0$0$6,801,910
72$14,471,248$0$0$7,418,638
73$15,783,408$0$0$8,095,845
74$17,224,244$0$0$8,839,623
75$18,806,721$0$0$9,656,683
76$20,545,116$0$0$10,554,419
77$22,455,161$0$0$11,540,976
78$24,554,185$0$0$12,625,327
79$26,861,281$0$0$13,817,358
80$29,397,482$0$0$15,127,960
81$32,185,960$0$0$16,569,132
82$35,252,245$0$0$18,154,094
83$38,624,467$0$0$19,897,412
84$42,333,614$0$0$21,815,134
85$46,413,833$0$0$23,924,942
86$50,902,742$0$0$26,246,316
87$55,841,793$0$0$28,800,724
88$61,276,657$0$0$31,611,815
89$67,257,656$0$0$34,705,650
90$73,840,236$0$0$38,110,944
91$81,085,492$0$0$41,859,335
92$89,060,741$0$0$45,985,685
93$97,840,158$0$0$50,528,410
94$107,505,475$0$0$55,529,836
95$118,146,751$0$0$61,036,605
96$129,863,222$0$0$67,100,110
97$142,764,237$0$0$73,776,982
98$156,970,287$0$0$81,129,624
99$172,614,143$0$0$89,226,799
100$189,842,108$0$0$98,144,276