Can I retire at age 35 with 975,000?

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 $975,000?

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$80,515$79,797$79,098$78,415$77,748$74,693
2 years$39,859$39,116$38,397$37,699$37,023$33,982
3 years$26,309$25,563$24,845$24,154$23,489$20,558
4 years$19,535$18,791$18,081$17,402$16,752$13,955
5 years$15,472$14,733$14,032$13,366$12,735$10,077
6 years$12,764$12,030$11,340$10,689$10,077$7,560
7 years$10,830$10,103$9,423$8,788$8,195$5,819
8 years$9,381$8,660$7,992$7,372$6,799$4,561
9 years$8,254$7,540$6,883$6,279$5,725$3,622
10 years$7,353$6,646$6,001$5,413$4,878$2,906
11 years$6,617$5,917$5,283$4,711$4,196$2,349
12 years$6,003$5,311$4,689$4,132$3,636$1,911
13 years$5,485$4,799$4,189$3,648$3,170$1,562
14 years$5,040$4,362$3,764$3,238$2,779$1,281
15 years$4,656$3,985$3,398$2,888$2,447$1,054
16 years$4,320$3,656$3,081$2,586$2,163$870
17 years$4,023$3,367$2,804$2,323$1,918$719
18 years$3,760$3,112$2,559$2,094$1,705$595
19 years$3,525$2,884$2,343$1,892$1,520$494
20 years$3,314$2,680$2,150$1,714$1,357$410
21 years$3,123$2,496$1,978$1,555$1,215$341
22 years$2,949$2,330$1,823$1,414$1,089$283
23 years$2,791$2,179$1,683$1,288$977$236
24 years$2,647$2,042$1,557$1,174$879$196
25 years$2,514$1,916$1,442$1,073$791$163
26 years$2,391$1,801$1,337$981$712$136
27 years$2,278$1,695$1,242$898$642$113
28 years$2,173$1,597$1,154$822$579$95
29 years$2,076$1,507$1,074$754$523$79
30 years$1,985$1,423$1,000$692$473$66
31 years$1,900$1,345$933$636$427$55
32 years$1,820$1,273$870$584$387$46
33 years$1,746$1,205$813$537$350$38
34 years$1,676$1,142$759$494$317$32
35 years$1,610$1,083$710$455$287$27
36 years$1,549$1,028$664$419$260$22
37 years$1,490$977$622$386$236$19
38 years$1,435$928$582$356$214$15
39 years$1,383$883$545$328$194$13
40 years$1,333$840$511$303$176$11
41 years$1,286$799$479$279$159$9
42 years$1,241$761$450$258$145$7
43 years$1,199$725$422$238$131$6
44 years$1,158$691$396$220$119$5
45 years$1,120$659$372$203$108$4
46 years$1,083$629$349$187$98$4
47 years$1,048$600$328$173$89$3
48 years$1,015$573$308$160$81$3
49 years$983$547$290$148$74$2
50 years$952$523$272$137$67$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $975,000, adding $2,798 every year, while hoping to spend $51,009 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: 68/24/8 Blend
34$975,000$975,000$975,000$975,000
35$1,077,336$1,025,661$1,010,549$1,148,843
36$1,132,951$1,021,645$990,129$1,192,610
37$1,192,529$1,015,723$967,315$1,234,021
38$1,256,421$1,007,747$941,974$1,277,944
39$1,325,011$997,562$913,965$1,324,615
40$1,398,721$985,001$883,141$1,374,296
41$1,478,013$969,889$849,350$1,427,278
42$1,563,397$952,040$812,429$1,483,883
43$1,655,431$931,257$772,213$1,544,465
44$1,754,728$907,332$728,526$1,609,416
45$1,861,963$880,044$681,184$1,679,173
46$1,977,875$849,158$629,995$1,754,214
47$2,103,279$814,428$574,761$1,835,072
48$2,239,070$775,591$515,272$1,922,334
49$2,386,231$732,371$451,309$2,016,649
50$2,545,844$684,474$382,645$2,118,735
51$2,719,098$631,592$309,042$2,229,387
52$2,907,302$573,395$230,251$2,349,481
53$3,111,894$509,540$146,012$2,479,989
54$3,334,459$439,658$56,055$2,621,981
55$3,576,737$363,365$0$2,776,644
56$3,840,646$280,252$0$2,948,696
57$4,128,295$189,887$0$3,141,501
58$4,442,005$91,815$0$3,351,896
59$4,784,330$0$0$3,581,673
60$5,158,085$0$0$3,836,627
61$5,566,363$0$0$4,141,673
62$6,012,573$0$0$4,475,115
63$6,500,468$0$0$4,839,764
64$7,034,179$0$0$5,238,715
65$7,618,254$0$0$5,675,376
66$8,257,701$0$0$6,153,500
67$8,958,038$0$0$6,677,218
68$9,725,338$0$0$7,251,081
69$10,566,290$0$0$7,880,101
70$11,488,262$0$0$8,569,797
71$12,499,368$0$0$9,326,249
72$13,608,544$0$0$10,156,152
73$14,825,635$0$0$11,066,883
74$16,161,483$0$0$12,066,564
75$17,628,032$0$0$13,164,145
76$19,238,439$0$0$14,369,483
77$21,007,196$0$0$15,693,438
78$22,950,269$0$0$17,147,971
79$25,085,246$0$0$18,746,261
80$27,431,504$0$0$20,502,826
81$30,010,388$0$0$22,433,661
82$32,845,415$0$0$24,556,388
83$35,962,495$0$0$26,890,418
84$39,390,174$0$0$29,457,142
85$43,159,899$0$0$32,280,125
86$47,306,323$0$0$35,385,331
87$51,867,621$0$0$38,801,365
88$56,885,858$0$0$42,559,747
89$62,407,378$0$0$46,695,204
90$68,483,247$0$0$51,246,000
91$75,169,729$0$0$56,254,295
92$82,528,821$0$0$61,766,545
93$90,628,831$0$0$67,833,935
94$99,545,027$0$0$74,512,865
95$109,360,344$0$0$81,865,482
96$120,166,169$0$0$89,960,264
97$132,063,196$0$0$98,872,665
98$145,162,382$0$0$108,685,830
99$159,585,991$0$0$119,491,374
100$175,468,744$0$0$131,390,251