Can I retire at age 35 with 991,000?

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 $991,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13%
1 years$81,836$81,107$80,396$79,702$79,024$78,036
2 years$40,513$39,758$39,027$38,318$37,630$36,637
3 years$26,740$25,982$25,253$24,551$23,874$22,905
4 years$19,855$19,100$18,378$17,687$17,027$16,091
5 years$15,725$14,975$14,262$13,586$12,944$12,042
6 years$12,973$12,228$11,526$10,865$10,242$9,376
7 years$11,008$10,269$9,578$8,932$8,330$7,500
8 years$9,535$8,802$8,123$7,493$6,910$6,117
9 years$8,389$7,664$6,996$6,382$5,819$5,062
10 years$7,474$6,755$6,099$5,502$4,958$4,237
11 years$6,725$6,014$5,370$4,788$4,264$3,577
12 years$6,102$5,398$4,766$4,200$3,695$3,042
13 years$5,575$4,878$4,258$3,708$3,222$2,603
14 years$5,123$4,434$3,826$3,291$2,825$2,237
15 years$4,732$4,051$3,454$2,935$2,487$1,931
16 years$4,391$3,716$3,132$2,628$2,198$1,672
17 years$4,089$3,423$2,850$2,362$1,949$1,452
18 years$3,822$3,163$2,601$2,128$1,733$1,264
19 years$3,583$2,931$2,381$1,923$1,545$1,103
20 years$3,368$2,724$2,186$1,742$1,380$964
21 years$3,174$2,537$2,010$1,581$1,235$844
22 years$2,998$2,368$1,853$1,437$1,107$740
23 years$2,837$2,215$1,711$1,309$993$649
24 years$2,690$2,075$1,582$1,194$893$570
25 years$2,555$1,948$1,465$1,090$804$501
26 years$2,430$1,830$1,359$997$724$441
27 years$2,315$1,723$1,262$912$653$389
28 years$2,209$1,623$1,173$836$589$342
29 years$2,110$1,531$1,092$767$532$302
30 years$2,017$1,446$1,017$704$480$266
31 years$1,931$1,367$948$646$434$235
32 years$1,850$1,294$885$594$393$207
33 years$1,775$1,225$826$546$356$183
34 years$1,704$1,161$772$502$322$162
35 years$1,637$1,101$721$463$292$143
36 years$1,574$1,045$675$426$264$126
37 years$1,515$993$632$392$239$111
38 years$1,458$943$592$362$217$99
39 years$1,405$897$554$334$197$87
40 years$1,355$854$519$308$179$77
41 years$1,307$812$487$284$162$68
42 years$1,262$774$457$262$147$60
43 years$1,219$737$429$242$133$53
44 years$1,177$703$402$223$121$47
45 years$1,138$670$378$206$110$42
46 years$1,101$639$355$190$100$37
47 years$1,065$610$333$176$91$33
48 years$1,031$582$313$163$82$29
49 years$999$556$295$150$75$25
50 years$968$531$277$139$68$23

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $991,000, adding $2,592 every year, while hoping to spend $34,108 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: 52/18/30 Blend
34$991,000$991,000$991,000$991,000
35$1,094,756$1,042,233$1,026,872$1,142,323
36$1,170,130$1,057,011$1,024,982$1,190,521
37$1,252,050$1,071,371$1,021,885$1,239,298
38$1,341,146$1,085,255$1,017,505$1,291,702
39$1,438,113$1,098,604$1,011,762$1,348,096
40$1,543,717$1,111,351$1,004,572$1,408,879
41$1,658,798$1,123,429$995,847$1,474,493
42$1,784,282$1,134,765$985,495$1,545,428
43$1,921,189$1,145,278$973,419$1,622,221
44$2,070,640$1,154,886$959,519$1,705,469
45$2,233,870$1,163,501$943,687$1,795,829
46$2,412,239$1,171,026$925,814$1,894,030
47$2,607,242$1,177,361$905,784$2,000,872
48$2,820,527$1,182,398$883,474$2,117,243
49$3,053,909$1,186,024$858,759$2,244,121
50$3,309,385$1,188,116$831,505$2,382,586
51$3,589,155$1,188,546$801,573$2,533,834
52$3,895,641$1,187,177$768,817$2,699,179
53$4,231,511$1,183,864$733,088$2,880,077
54$4,599,703$1,178,451$694,224$3,078,133
55$5,003,452$1,170,775$652,060$3,295,120
56$5,446,324$1,160,662$606,424$3,532,992
57$5,932,243$1,147,928$557,133$3,793,908
58$6,465,532$1,132,378$503,998$4,080,252
59$7,050,956$1,113,804$446,821$4,394,651
60$7,693,760$1,091,987$385,396$4,740,007
61$8,399,724$1,066,694$319,507$5,119,521
62$9,175,214$1,037,680$248,928$5,536,724
63$10,027,243$1,004,684$173,425$5,995,515
64$10,963,538$967,430$92,751$6,500,193
65$11,992,611$925,627$6,651$7,055,500
66$13,123,840$878,965$0$7,666,669
67$14,367,555$827,117$0$8,366,757
68$15,735,140$769,740$0$9,138,891
69$17,239,134$706,467$0$9,988,058
70$18,893,354$636,913$0$10,922,102
71$20,713,023$560,668$0$11,949,667
72$22,714,914$477,304$0$13,080,284
73$24,917,506$386,362$0$14,324,454
74$27,341,162$287,364$0$15,693,755
75$30,008,315$179,800$0$17,200,946
76$32,943,686$63,133$0$18,860,089
77$36,174,512$0$0$20,686,686
78$39,730,806$0$0$22,710,339
79$43,645,636$0$0$24,951,898
80$47,955,441$0$0$27,419,737
81$52,700,372$0$0$30,136,861
82$57,924,670$0$0$33,128,622
83$63,677,085$0$0$36,422,954
84$70,011,336$0$0$40,050,636
85$76,986,615$0$0$44,045,587
86$84,668,148$0$0$48,445,181
87$93,127,806$0$0$53,290,603
88$102,444,791$0$0$58,627,234
89$112,706,373$0$0$64,505,083
90$124,008,722$0$0$70,979,255
91$136,457,808$0$0$78,110,474
92$150,170,408$0$0$85,965,655
93$165,275,200$0$0$94,618,534
94$181,913,985$0$0$104,150,364
95$200,243,018$0$0$114,650,684
96$220,434,488$0$0$126,218,161
97$242,678,138$0$0$138,961,525
98$267,183,059$0$0$153,000,588
99$294,179,662$0$0$168,467,383
100$323,921,853$0$0$185,507,404