Can I retire at age 35 with 981,000?

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 $981,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.6%
1 years$81,010$80,288$79,584$78,897$78,226$76,428
2 years$40,104$39,357$38,633$37,931$37,251$35,449
3 years$26,470$25,720$24,998$24,303$23,633$21,885
4 years$19,655$18,907$18,192$17,509$16,855$15,173
5 years$15,567$14,823$14,118$13,449$12,813$11,202
6 years$12,842$12,104$11,409$10,755$10,139$8,600
7 years$10,897$10,165$9,481$8,842$8,245$6,779
8 years$9,438$8,714$8,041$7,418$6,840$5,447
9 years$8,305$7,587$6,926$6,318$5,761$4,438
10 years$7,398$6,687$6,038$5,446$4,908$3,655
11 years$6,657$5,953$5,316$4,740$4,221$3,037
12 years$6,040$5,343$4,718$4,157$3,658$2,539
13 years$5,518$4,829$4,215$3,670$3,190$2,135
14 years$5,071$4,389$3,787$3,258$2,796$1,804
15 years$4,684$4,010$3,419$2,906$2,462$1,529
16 years$4,346$3,679$3,100$2,602$2,176$1,300
17 years$4,048$3,388$2,821$2,338$1,929$1,108
18 years$3,783$3,131$2,575$2,107$1,716$947
19 years$3,547$2,902$2,357$1,904$1,529$810
20 years$3,334$2,696$2,163$1,724$1,366$695
21 years$3,142$2,511$1,990$1,565$1,222$596
22 years$2,968$2,344$1,834$1,423$1,096$512
23 years$2,808$2,193$1,693$1,296$983$441
24 years$2,663$2,054$1,566$1,182$884$379
25 years$2,529$1,928$1,451$1,079$795$327
26 years$2,406$1,812$1,345$987$716$282
27 years$2,292$1,705$1,249$903$646$243
28 years$2,186$1,607$1,161$828$583$209
29 years$2,088$1,516$1,081$759$526$181
30 years$1,997$1,432$1,007$696$476$156
31 years$1,912$1,353$938$640$430$135
32 years$1,832$1,280$876$588$389$116
33 years$1,757$1,213$818$541$352$101
34 years$1,687$1,149$764$497$319$87
35 years$1,620$1,090$714$458$289$75
36 years$1,558$1,035$668$422$262$65
37 years$1,499$983$625$389$237$56
38 years$1,444$934$586$358$215$49
39 years$1,391$888$549$330$195$42
40 years$1,341$845$514$305$177$36
41 years$1,294$804$482$281$160$31
42 years$1,249$766$452$259$146$27
43 years$1,206$730$424$239$132$23
44 years$1,166$696$398$221$120$20
45 years$1,127$663$374$204$109$18
46 years$1,090$633$351$189$99$15
47 years$1,055$604$330$174$90$13
48 years$1,021$577$310$161$81$11
49 years$989$551$292$149$74$10
50 years$958$526$274$138$67$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $981,000, adding $3,060 every year, while hoping to spend $48,130 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: 39/45/16 Blend
34$981,000$981,000$981,000$981,000
35$1,084,218$1,032,225$1,017,020$1,121,200
36$1,143,599$1,031,594$999,880$1,147,241
37$1,207,423$1,029,320$980,553$1,170,510
38$1,276,093$1,025,269$958,915$1,194,645
39$1,350,051$1,019,304$934,835$1,219,748
40$1,429,782$1,011,276$908,178$1,245,936
41$1,515,820$1,001,029$878,802$1,273,342
42$1,608,750$988,396$846,558$1,302,112
43$1,709,216$973,200$811,292$1,332,417
44$1,817,926$955,256$772,839$1,364,443
45$1,935,656$934,366$731,031$1,398,405
46$2,063,262$910,319$685,690$1,434,542
47$2,201,684$882,894$636,630$1,473,123
48$2,351,957$851,857$583,657$1,514,449
49$2,515,216$816,958$526,570$1,558,858
50$2,692,714$777,935$465,156$1,606,729
51$2,885,827$734,509$399,195$1,658,486
52$3,096,069$686,388$328,455$1,714,603
53$3,325,105$633,258$252,696$1,775,609
54$3,574,771$574,792$171,666$1,842,096
55$3,847,083$510,643$85,102$1,914,723
56$4,144,263$440,442$0$1,994,228
57$4,468,756$363,802$0$2,082,672
58$4,823,253$280,312$0$2,195,313
59$5,210,718$189,540$0$2,318,675
60$5,634,412$91,028$0$2,453,945
61$6,097,927$0$0$2,602,437
62$6,605,218$0$0$2,773,388
63$7,160,639$0$0$3,010,037
64$7,768,987$0$0$3,269,367
65$8,435,542$0$0$3,553,647
66$9,166,121$0$0$3,865,374
67$9,967,128$0$0$4,207,299
68$10,845,619$0$0$4,582,451
69$11,809,365$0$0$4,994,168
70$12,866,923$0$0$5,446,126
71$14,027,722$0$0$5,942,373
72$15,302,146$0$0$6,487,372
73$16,701,634$0$0$7,086,035
74$18,238,789$0$0$7,743,775
75$19,927,491$0$0$8,466,557
76$21,783,034$0$0$9,260,949
77$23,822,265$0$0$10,134,189
78$26,063,744$0$0$11,094,251
79$28,527,920$0$0$12,149,921
80$31,237,320$0$0$13,310,876
81$34,216,765$0$0$14,587,782
82$37,493,601$0$0$15,992,386
83$41,097,955$0$0$17,537,635
84$45,063,024$0$0$19,237,791
85$49,425,382$0$0$21,108,569
86$54,225,328$0$0$23,167,285
87$59,507,262$0$0$25,433,018
88$65,320,108$0$0$27,926,790
89$71,717,773$0$0$30,671,764
90$78,759,652$0$0$33,693,463
91$86,511,193$0$0$37,020,011
92$95,044,510$0$0$40,682,396
93$104,439,065$0$0$44,714,763
94$114,782,414$0$0$49,154,740
95$126,171,038$0$0$54,043,784
96$138,711,247$0$0$59,427,582
97$152,520,186$0$0$65,356,475
98$167,726,940$0$0$71,885,933
99$184,473,748$0$0$79,077,084
100$202,917,348$0$0$86,997,284