Can I retire at age 35 with 977,000?

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 $977,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11%
1 years$80,680$79,961$79,260$78,576$77,907$77,579
2 years$39,940$39,197$38,476$37,777$37,099$36,767
3 years$26,362$25,615$24,896$24,204$23,537$23,213
4 years$19,575$18,830$18,118$17,438$16,787$16,472
5 years$15,503$14,763$14,060$13,394$12,761$12,457
6 years$12,790$12,055$11,363$10,711$10,097$9,804
7 years$10,852$10,124$9,443$8,806$8,212$7,930
8 years$9,400$8,678$8,008$7,387$6,813$6,542
9 years$8,271$7,556$6,897$6,292$5,737$5,477
10 years$7,368$6,660$6,013$5,424$4,888$4,639
11 years$6,630$5,929$5,294$4,721$4,204$3,966
12 years$6,015$5,322$4,698$4,141$3,643$3,416
13 years$5,496$4,809$4,198$3,655$3,177$2,960
14 years$5,051$4,371$3,772$3,245$2,785$2,578
15 years$4,665$3,993$3,405$2,894$2,452$2,255
16 years$4,328$3,664$3,087$2,591$2,167$1,980
17 years$4,032$3,374$2,809$2,328$1,922$1,743
18 years$3,768$3,118$2,565$2,098$1,709$1,539
19 years$3,532$2,890$2,348$1,896$1,523$1,362
20 years$3,321$2,685$2,155$1,717$1,360$1,208
21 years$3,129$2,501$1,982$1,558$1,217$1,074
22 years$2,955$2,335$1,827$1,417$1,091$955
23 years$2,797$2,184$1,687$1,290$979$851
24 years$2,652$2,046$1,560$1,177$880$759
25 years$2,519$1,920$1,445$1,075$792$678
26 years$2,396$1,805$1,340$983$714$606
27 years$2,283$1,698$1,244$900$643$542
28 years$2,178$1,600$1,157$824$580$485
29 years$2,080$1,510$1,076$756$524$435
30 years$1,989$1,426$1,003$694$474$390
31 years$1,904$1,348$935$637$428$350
32 years$1,824$1,275$872$585$387$314
33 years$1,750$1,208$814$538$351$282
34 years$1,680$1,145$761$495$317$253
35 years$1,614$1,086$711$456$287$227
36 years$1,552$1,030$665$420$260$204
37 years$1,493$979$623$387$236$183
38 years$1,438$930$583$357$214$165
39 years$1,385$884$546$329$194$148
40 years$1,336$841$512$303$176$133
41 years$1,289$801$480$280$160$120
42 years$1,244$763$450$258$145$108
43 years$1,201$727$423$238$132$97
44 years$1,161$693$397$220$119$87
45 years$1,122$661$373$203$108$79
46 years$1,085$630$350$188$98$71
47 years$1,050$601$329$173$89$64
48 years$1,017$574$309$160$81$57
49 years$985$548$290$148$74$52
50 years$954$524$273$137$67$46

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $977,000, adding $5,398 every year, while hoping to spend $33,972 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: 68/22/10 Blend
34$977,000$977,000$977,000$977,000
35$1,082,222$1,030,441$1,015,298$1,153,245
36$1,156,463$1,044,787$1,013,164$1,215,451
37$1,237,137$1,058,697$1,009,821$1,278,865
38$1,324,866$1,072,114$1,005,190$1,347,322
39$1,420,332$1,084,977$999,194$1,421,310
40$1,524,286$1,097,221$991,747$1,501,369
41$1,637,554$1,108,775$982,761$1,588,093
42$1,761,046$1,119,567$972,145$1,682,137
43$1,895,763$1,129,516$959,802$1,784,223
44$2,042,806$1,138,537$945,630$1,895,147
45$2,203,388$1,146,541$929,525$2,015,785
46$2,378,844$1,153,433$911,375$2,147,106
47$2,570,645$1,159,109$891,064$2,290,174
48$2,780,407$1,163,462$868,471$2,446,165
49$3,009,913$1,166,376$843,470$2,616,374
50$3,261,125$1,167,729$815,927$2,802,230
51$3,536,203$1,167,391$785,703$3,005,307
52$3,837,525$1,165,223$752,654$3,227,342
53$4,167,713$1,161,079$716,628$3,470,248
54$4,529,650$1,154,803$677,466$3,736,134
55$4,926,515$1,146,229$635,002$4,027,328
56$5,361,808$1,135,182$589,063$4,346,393
57$5,839,384$1,121,478$539,468$4,696,158
58$6,363,489$1,104,917$486,027$5,079,738
59$6,938,799$1,085,293$428,544$5,500,571
60$7,570,468$1,062,384$366,811$5,962,445
61$8,264,170$1,035,955$300,614$6,469,537
62$9,026,157$1,005,759$229,726$7,026,452
63$9,863,317$971,533$153,914$7,638,265
64$10,783,237$932,999$72,932$8,310,573
65$11,794,275$889,864$0$9,049,546
66$12,905,640$841,816$0$9,863,425
67$14,127,478$788,528$0$10,766,666
68$15,470,965$729,650$0$11,759,774
69$16,948,415$664,815$0$12,851,893
70$18,573,398$593,635$0$14,053,100
71$20,360,860$515,699$0$15,374,501
72$22,327,272$430,572$0$16,828,339
73$24,490,781$337,797$0$18,428,107
74$26,871,380$236,889$0$20,188,674
75$29,491,101$127,336$0$22,126,432
76$32,374,216$8,599$0$24,259,445
77$35,547,473$0$0$26,607,625
78$39,040,341$0$0$29,221,941
79$42,885,293$0$0$32,102,145
80$47,118,109$0$0$35,272,965
81$51,778,216$0$0$38,763,946
82$56,909,057$0$0$42,607,640
83$62,558,502$0$0$46,839,920
84$68,779,298$0$0$51,500,310
85$75,629,571$0$0$56,632,365
86$83,173,367$0$0$62,284,080
87$91,481,262$0$0$68,508,339
88$100,631,024$0$0$75,363,417
89$110,708,351$0$0$82,913,531
90$121,807,674$0$0$91,229,443
91$134,033,050$0$0$100,389,127
92$147,499,146$0$0$110,478,510
93$162,332,317$0$0$121,592,274
94$178,671,802$0$0$133,834,759
95$196,671,035$0$0$147,320,940
96$216,499,093$0$0$162,177,514
97$238,342,292$0$0$178,544,100
98$262,405,947$0$0$196,574,547
99$288,916,306$0$0$216,438,398
100$318,122,688$0$0$238,322,478