Can I retire at age 35 with 972,000?

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 $972,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.8%
1 years$80,267$79,552$78,854$78,173$77,509$74,463
2 years$39,736$38,996$38,279$37,583$36,909$33,878
3 years$26,228$25,484$24,769$24,080$23,417$20,495
4 years$19,475$18,734$18,025$17,348$16,701$13,912
5 years$15,424$14,687$13,988$13,325$12,696$10,046
6 years$12,724$11,993$11,305$10,656$10,046$7,537
7 years$10,797$10,072$9,394$8,761$8,170$5,801
8 years$9,352$8,634$7,967$7,349$6,778$4,547
9 years$8,229$7,517$6,862$6,260$5,708$3,611
10 years$7,330$6,626$5,983$5,396$4,863$2,897
11 years$6,596$5,899$5,267$4,696$4,183$2,342
12 years$5,985$5,294$4,674$4,119$3,625$1,905
13 years$5,468$4,785$4,176$3,637$3,161$1,557
14 years$5,025$4,349$3,752$3,228$2,771$1,277
15 years$4,641$3,973$3,388$2,879$2,439$1,051
16 years$4,306$3,645$3,072$2,578$2,156$867
17 years$4,011$3,357$2,795$2,316$1,912$717
18 years$3,749$3,102$2,551$2,087$1,700$594
19 years$3,514$2,875$2,336$1,886$1,515$492
20 years$3,304$2,671$2,144$1,708$1,353$409
21 years$3,113$2,488$1,972$1,550$1,211$340
22 years$2,940$2,323$1,817$1,410$1,086$282
23 years$2,783$2,172$1,678$1,284$974$235
24 years$2,638$2,035$1,552$1,171$876$196
25 years$2,506$1,910$1,437$1,069$788$163
26 years$2,384$1,795$1,333$978$710$136
27 years$2,271$1,690$1,238$895$640$113
28 years$2,166$1,592$1,151$820$578$94
29 years$2,069$1,502$1,071$752$521$79
30 years$1,979$1,418$997$690$471$66
31 years$1,894$1,341$930$634$426$55
32 years$1,815$1,269$868$582$385$46
33 years$1,741$1,202$810$536$349$38
34 years$1,671$1,139$757$493$316$32
35 years$1,606$1,080$708$454$286$27
36 years$1,544$1,025$662$418$259$22
37 years$1,485$974$620$385$235$18
38 years$1,430$925$580$355$213$15
39 years$1,378$880$544$327$193$13
40 years$1,329$837$510$302$175$11
41 years$1,282$797$478$278$159$9
42 years$1,237$759$448$257$144$7
43 years$1,195$723$421$237$131$6
44 years$1,155$689$395$219$119$5
45 years$1,116$657$371$202$108$4
46 years$1,080$627$348$187$98$4
47 years$1,045$598$327$173$89$3
48 years$1,012$571$307$159$81$3
49 years$980$545$289$147$73$2
50 years$949$521$272$136$67$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $972,000, adding $2,271 every year, while hoping to spend $29,582 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: 41/44/15 Blend
34$972,000$972,000$972,000$972,000
35$1,073,487$1,021,971$1,006,905$1,112,659
36$1,151,507$1,040,572$1,009,161$1,159,159
37$1,236,494$1,059,094$1,010,501$1,206,382
38$1,329,128$1,077,500$1,010,864$1,256,857
39$1,430,155$1,095,753$1,010,184$1,310,895
40$1,540,398$1,113,813$1,008,393$1,368,838
41$1,660,764$1,131,635$1,005,419$1,431,063
42$1,792,250$1,149,173$1,001,188$1,497,989
43$1,935,952$1,166,376$995,621$1,570,076
44$2,093,081$1,183,190$988,636$1,647,832
45$2,264,966$1,199,557$980,146$1,731,818
46$2,453,073$1,215,415$970,061$1,822,654
47$2,659,014$1,230,699$958,287$1,921,024
48$2,884,568$1,245,337$944,723$2,027,682
49$3,131,689$1,259,253$929,266$2,143,462
50$3,402,532$1,272,368$911,808$2,269,283
51$3,699,471$1,284,595$892,234$2,406,160
52$4,025,119$1,295,842$870,426$2,555,212
53$4,382,355$1,306,012$846,259$2,717,677
54$4,774,349$1,315,000$819,602$2,894,919
55$5,204,593$1,322,696$790,320$3,088,444
56$5,676,936$1,328,982$758,269$3,299,912
57$6,195,613$1,333,732$723,302$3,531,159
58$6,765,294$1,336,814$685,261$3,784,207
59$7,391,121$1,338,085$643,984$4,061,290
60$8,078,759$1,337,394$599,301$4,364,872
61$8,834,449$1,334,583$551,034$4,697,670
62$9,665,067$1,329,482$498,998$5,062,685
63$10,578,187$1,321,909$442,997$5,463,227
64$11,582,154$1,311,675$382,830$5,902,945
65$12,686,164$1,298,577$318,285$6,385,868
66$13,900,345$1,282,400$249,140$6,916,441
67$15,235,859$1,262,916$175,165$7,499,564
68$16,705,002$1,239,885$96,118$8,140,645
69$18,321,323$1,213,050$11,749$8,845,649
70$20,099,750$1,182,141$0$9,621,155
71$22,056,730$1,146,872$0$10,486,950
72$24,210,387$1,106,939$0$11,441,329
73$26,580,689$1,062,021$0$12,491,284
74$29,189,637$1,011,778$0$13,646,599
75$32,061,477$955,852$0$14,918,061
76$35,222,921$893,862$0$16,317,565
77$38,703,404$825,407$0$17,858,223
78$42,535,361$750,061$0$19,554,495
79$46,754,529$667,376$0$21,422,320
80$51,400,291$576,877$0$23,479,271
81$56,516,040$478,063$0$25,744,724
82$62,149,591$370,403$0$28,240,037
83$68,353,636$253,340$0$30,988,759
84$75,186,234$126,281$0$34,016,849
85$82,711,364$0$0$37,352,926
86$90,999,525$0$0$41,034,057
87$100,128,405$0$0$45,156,105
88$110,183,608$0$0$49,696,603
89$121,259,468$0$0$54,698,172
90$133,459,935$0$0$60,207,775
91$146,899,559$0$0$66,277,164
92$161,704,565$0$0$72,963,370
93$178,014,051$0$0$80,329,236
94$195,981,297$0$0$88,444,013
95$215,775,211$0$0$97,384,015
96$237,581,925$0$0$107,233,337
97$261,606,549$0$0$118,084,648
98$288,075,110$0$0$130,040,069
99$317,236,682$0$0$143,212,133
100$349,365,739$0$0$157,724,848