Can I retire at age 35 with 986,000?

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 $986,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.1%
1 years$81,423$80,698$79,990$79,299$78,625$77,291
2 years$40,308$39,558$38,830$38,125$37,440$36,100
3 years$26,605$25,851$25,126$24,427$23,754$22,449
4 years$19,755$19,004$18,285$17,598$16,941$15,683
5 years$15,646$14,899$14,190$13,517$12,879$11,670
6 years$12,908$12,166$11,468$10,810$10,190$9,032
7 years$10,952$10,217$9,530$8,887$8,288$7,181
8 years$9,487$8,758$8,082$7,455$6,875$5,820
9 years$8,347$7,625$6,961$6,350$5,790$4,785
10 years$7,436$6,721$6,069$5,474$4,933$3,978
11 years$6,691$5,984$5,343$4,764$4,243$3,336
12 years$6,071$5,371$4,742$4,179$3,677$2,817
13 years$5,546$4,853$4,236$3,689$3,206$2,392
14 years$5,097$4,412$3,806$3,275$2,811$2,041
15 years$4,708$4,030$3,437$2,921$2,475$1,749
16 years$4,368$3,698$3,116$2,615$2,187$1,503
17 years$4,069$3,405$2,835$2,350$1,939$1,295
18 years$3,803$3,147$2,588$2,117$1,724$1,118
19 years$3,565$2,916$2,369$1,913$1,537$968
20 years$3,351$2,710$2,174$1,733$1,373$839
21 years$3,158$2,524$2,000$1,573$1,228$729
22 years$2,983$2,356$1,843$1,430$1,101$633
23 years$2,823$2,204$1,702$1,302$988$551
24 years$2,676$2,065$1,574$1,188$888$480
25 years$2,542$1,938$1,458$1,085$799$418
26 years$2,418$1,821$1,352$992$720$365
27 years$2,304$1,714$1,256$908$649$319
28 years$2,198$1,615$1,167$832$586$278
29 years$2,099$1,524$1,086$763$529$243
30 years$2,007$1,439$1,012$700$478$212
31 years$1,921$1,360$943$643$432$186
32 years$1,841$1,287$880$591$391$162
33 years$1,766$1,219$822$543$354$142
34 years$1,695$1,155$768$500$320$124
35 years$1,629$1,096$718$460$290$109
36 years$1,566$1,040$672$424$263$95
37 years$1,507$988$629$391$238$83
38 years$1,451$939$589$360$216$73
39 years$1,398$893$551$332$196$64
40 years$1,348$849$517$306$178$56
41 years$1,300$808$485$282$161$49
42 years$1,255$770$455$261$146$43
43 years$1,212$734$427$241$133$38
44 years$1,172$699$400$222$120$33
45 years$1,133$667$376$205$109$29
46 years$1,095$636$353$190$99$25
47 years$1,060$607$332$175$90$22
48 years$1,026$579$312$162$82$19
49 years$994$553$293$150$74$17
50 years$963$529$276$138$68$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $986,000, adding $6,299 every year, while hoping to spend $59,859 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: 50/28/22 Blend
34$986,000$986,000$986,000$986,000
35$1,093,069$1,040,811$1,025,528$1,140,694
36$1,140,873$1,028,122$996,194$1,161,697
37$1,191,546$1,012,804$963,871$1,177,914
38$1,245,319$994,666$928,395$1,194,298
39$1,302,442$973,505$889,597$1,210,890
40$1,363,189$949,105$847,297$1,227,736
41$1,427,862$921,239$801,308$1,244,893
42$1,496,788$889,664$751,437$1,262,427
43$1,570,328$854,125$697,478$1,280,415
44$1,648,877$814,353$639,219$1,298,946
45$1,732,867$770,060$576,436$1,318,126
46$1,822,771$720,945$508,899$1,338,072
47$1,919,110$666,687$436,363$1,358,923
48$2,022,453$606,949$358,576$1,380,836
49$2,133,427$541,373$275,272$1,403,990
50$2,252,718$469,582$186,174$1,428,591
51$2,381,079$391,175$90,995$1,454,871
52$2,519,338$305,732$0$1,483,094
53$2,668,405$212,807$0$1,516,041
54$2,829,277$111,930$0$1,574,524
55$3,003,053$2,604$0$1,637,619
56$3,190,936$0$0$1,705,834
57$3,394,254$0$0$1,815,385
58$3,614,462$0$0$1,934,992
59$3,853,162$0$0$2,064,733
60$4,112,115$0$0$2,205,578
61$4,393,258$0$0$2,358,592
62$4,698,722$0$0$2,524,947
63$5,030,849$0$0$2,705,931
64$5,392,219$0$0$2,902,965
65$5,785,667$0$0$3,117,608
66$6,214,315$0$0$3,351,579
67$6,681,599$0$0$3,606,768
68$7,191,298$0$0$3,885,256
69$7,747,574$0$0$4,189,334
70$8,355,008$0$0$4,521,523
71$9,018,641$0$0$4,884,599
72$9,744,024$0$0$5,281,618
73$10,537,269$0$0$5,715,945
74$11,405,104$0$0$6,191,285
75$12,354,939$0$0$6,711,717
76$13,394,933$0$0$7,281,734
77$14,534,070$0$0$7,906,284
78$15,782,243$0$0$8,590,814
79$17,150,349$0$0$9,341,327
80$18,650,390$0$0$10,164,431
81$20,295,581$0$0$11,067,406
82$22,100,482$0$0$12,058,269
83$24,081,128$0$0$13,145,853
84$26,255,181$0$0$14,339,887
85$28,642,097$0$0$15,651,086
86$31,263,309$0$0$17,091,256
87$34,142,425$0$0$18,673,403
88$37,305,455$0$0$20,411,851
89$40,781,049$0$0$22,322,385
90$44,600,773$0$0$24,422,391
91$48,799,400$0$0$26,731,027
92$53,415,242$0$0$29,269,396
93$58,490,506$0$0$32,060,751
94$64,071,695$0$0$35,130,709
95$70,210,042$0$0$38,507,496
96$76,961,997$0$0$42,222,208
97$84,389,752$0$0$46,309,110
98$92,561,835$0$0$50,805,954
99$101,553,745$0$0$55,754,335
100$111,448,675$0$0$61,200,085