Can I retire at age 35 with 969,000?

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 $969,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.6%
1 years$80,019$79,306$78,611$77,932$77,269$75,188
2 years$39,613$38,876$38,161$37,467$36,795$34,713
3 years$26,147$25,406$24,692$24,006$23,344$21,327
4 years$19,415$18,676$17,970$17,295$16,649$14,712
5 years$15,376$14,642$13,945$13,284$12,657$10,804
6 years$12,685$11,956$11,270$10,623$10,015$8,249
7 years$10,764$10,041$9,365$8,734$8,145$6,466
8 years$9,323$8,607$7,943$7,327$6,757$5,165
9 years$8,203$7,494$6,841$6,241$5,690$4,183
10 years$7,308$6,606$5,964$5,380$4,848$3,424
11 years$6,576$5,880$5,251$4,682$4,170$2,826
12 years$5,966$5,278$4,660$4,107$3,613$2,348
13 years$5,451$4,770$4,163$3,626$3,151$1,961
14 years$5,009$4,336$3,741$3,218$2,762$1,645
15 years$4,627$3,961$3,377$2,870$2,432$1,385
16 years$4,293$3,634$3,062$2,570$2,149$1,169
17 years$3,999$3,347$2,786$2,309$1,906$990
18 years$3,737$3,092$2,544$2,081$1,695$839
19 years$3,503$2,866$2,329$1,880$1,510$713
20 years$3,293$2,663$2,137$1,703$1,349$607
21 years$3,104$2,481$1,966$1,546$1,207$517
22 years$2,931$2,316$1,812$1,405$1,082$441
23 years$2,774$2,166$1,673$1,280$971$376
24 years$2,630$2,029$1,547$1,167$873$321
25 years$2,498$1,904$1,433$1,066$786$274
26 years$2,377$1,790$1,329$975$708$235
27 years$2,264$1,684$1,234$892$638$201
28 years$2,160$1,587$1,147$817$576$172
29 years$2,063$1,497$1,068$750$520$147
30 years$1,972$1,414$994$688$470$126
31 years$1,888$1,337$927$632$425$108
32 years$1,809$1,265$865$581$384$92
33 years$1,735$1,198$808$534$348$79
34 years$1,666$1,135$755$491$315$68
35 years$1,601$1,077$705$452$285$58
36 years$1,539$1,022$660$417$258$50
37 years$1,481$971$618$384$234$43
38 years$1,426$922$578$354$212$37
39 years$1,374$877$542$326$192$31
40 years$1,325$835$508$301$175$27
41 years$1,278$794$476$278$158$23
42 years$1,234$757$447$256$144$20
43 years$1,191$721$419$236$130$17
44 years$1,151$687$394$218$118$15
45 years$1,113$655$370$202$107$12
46 years$1,077$625$347$186$98$11
47 years$1,042$597$326$172$89$9
48 years$1,008$569$306$159$80$8
49 years$977$544$288$147$73$7
50 years$946$519$271$136$66$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $969,000, adding $4,247 every year, while hoping to spend $54,099 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: 33/41/26 Blend
34$969,000$969,000$969,000$969,000
35$1,072,219$1,020,862$1,005,842$1,098,992
36$1,124,024$1,013,323$981,977$1,112,045
37$1,179,301$1,003,602$955,499$1,120,964
38$1,238,345$991,534$926,264$1,129,507
39$1,301,482$976,946$894,120$1,137,677
40$1,369,070$959,652$858,910$1,145,481
41$1,441,499$939,459$820,467$1,152,934
42$1,519,199$916,159$778,619$1,160,056
43$1,602,639$889,533$733,186$1,166,876
44$1,692,338$859,350$683,977$1,173,433
45$1,788,863$825,364$630,796$1,179,773
46$1,892,836$787,316$573,437$1,185,956
47$2,004,941$744,931$511,683$1,192,056
48$2,125,931$697,919$445,311$1,198,160
49$2,256,632$645,972$374,084$1,204,374
50$2,397,950$588,767$297,758$1,210,822
51$2,550,884$525,959$216,076$1,217,651
52$2,716,530$457,187$128,770$1,225,032
53$2,896,094$382,067$35,561$1,233,163
54$3,090,901$300,194$0$1,242,276
55$3,302,409$211,140$0$1,270,362
56$3,532,223$114,454$0$1,311,679
57$3,782,107$9,659$0$1,356,785
58$4,054,001$0$0$1,406,169
59$4,350,041$0$0$1,507,186
60$4,672,577$0$0$1,622,125
61$5,024,195$0$0$1,747,566
62$5,407,740$0$0$1,884,540
63$5,826,346$0$0$2,034,187
64$6,283,462$0$0$2,197,755
65$6,782,882$0$0$2,376,625
66$7,328,785$0$0$2,572,312
67$7,925,774$0$0$2,786,487
68$8,578,913$0$0$3,020,990
69$9,293,780$0$0$3,277,846
70$10,076,519$0$0$3,559,286
71$10,933,892$0$0$3,867,766
72$11,873,348$0$0$4,205,993
73$12,903,092$0$0$4,576,946
74$14,032,157$0$0$4,983,906
75$15,270,494$0$0$5,430,491
76$16,629,064$0$0$5,920,681
77$18,119,940$0$0$6,458,863
78$19,756,418$0$0$7,049,870
79$21,553,146$0$0$7,699,024
80$23,526,260$0$0$8,412,188
81$25,693,535$0$0$9,195,823
82$28,074,551$0$0$10,057,045
83$30,690,880$0$0$11,003,694
84$33,566,284$0$0$12,044,407
85$36,726,946$0$0$13,188,700
86$40,201,707$0$0$14,447,058
87$44,022,345$0$0$15,831,032
88$48,223,871$0$0$17,353,347
89$52,844,856$0$0$19,028,027
90$57,927,800$0$0$20,870,520
91$63,519,525$0$0$22,897,848
92$69,671,625$0$0$25,128,768
93$76,440,941$0$0$27,583,946
94$83,890,106$0$0$30,286,150
95$92,088,130$0$0$33,260,472
96$101,111,051$0$0$36,534,556
97$111,042,653$0$0$40,138,864
98$121,975,254$0$0$44,106,962
99$134,010,577$0$0$48,475,835
100$147,260,710$0$0$53,286,237