Can I retire at age 35 with 992,000?

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 $992,000?

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%
1 years$81,918$81,189$80,477$79,782$79,103$78,737
2 years$40,554$39,798$39,066$38,357$37,668$37,298
3 years$26,767$26,009$25,279$24,576$23,898$23,536
4 years$19,875$19,119$18,396$17,705$17,044$16,693
5 years$15,741$14,990$14,276$13,599$12,957$12,618
6 years$12,986$12,240$11,537$10,876$10,252$9,925
7 years$11,019$10,279$9,588$8,941$8,338$8,023
8 years$9,544$8,811$8,131$7,501$6,917$6,615
9 years$8,398$7,672$7,003$6,389$5,825$5,536
10 years$7,481$6,762$6,106$5,507$4,963$4,686
11 years$6,732$6,020$5,375$4,793$4,269$4,003
12 years$6,108$5,403$4,770$4,204$3,699$3,446
13 years$5,580$4,883$4,262$3,712$3,226$2,984
14 years$5,128$4,439$3,829$3,295$2,828$2,597
15 years$4,737$4,055$3,458$2,938$2,490$2,270
16 years$4,395$3,720$3,135$2,631$2,200$1,992
17 years$4,093$3,426$2,852$2,364$1,951$1,753
18 years$3,826$3,166$2,604$2,130$1,735$1,547
19 years$3,587$2,934$2,384$1,925$1,546$1,368
20 years$3,371$2,726$2,188$1,743$1,381$1,212
21 years$3,177$2,540$2,012$1,582$1,236$1,076
22 years$3,001$2,371$1,855$1,439$1,108$957
23 years$2,840$2,217$1,712$1,310$994$852
24 years$2,693$2,077$1,584$1,195$894$760
25 years$2,558$1,950$1,467$1,091$804$678
26 years$2,433$1,832$1,360$998$725$605
27 years$2,318$1,724$1,263$913$653$541
28 years$2,211$1,625$1,174$837$589$484
29 years$2,112$1,533$1,093$767$532$433
30 years$2,019$1,448$1,018$704$481$388
31 years$1,933$1,368$949$647$435$348
32 years$1,852$1,295$885$594$393$312
33 years$1,777$1,226$827$547$356$280
34 years$1,705$1,162$772$503$322$251
35 years$1,639$1,102$722$463$292$225
36 years$1,576$1,046$676$426$264$202
37 years$1,516$994$632$393$240$182
38 years$1,460$944$592$362$217$163
39 years$1,407$898$555$334$197$147
40 years$1,356$854$520$308$179$132
41 years$1,308$813$488$284$162$118
42 years$1,263$775$457$262$147$106
43 years$1,220$738$429$242$134$96
44 years$1,179$703$403$224$121$86
45 years$1,139$671$378$206$110$77
46 years$1,102$640$355$191$100$70
47 years$1,066$611$334$176$91$63
48 years$1,032$583$314$163$82$56
49 years$1,000$557$295$150$75$51
50 years$969$532$277$139$68$46

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $992,000, adding $4,147 every year, while hoping to spend $37,276 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: 46/34/20 Blend
34$992,000$992,000$992,000$992,000
35$1,097,462$1,044,886$1,029,510$1,141,493
36$1,169,741$1,056,424$1,024,337$1,184,267
37$1,248,144$1,067,278$1,017,741$1,226,607
38$1,333,256$1,077,375$1,009,636$1,271,768
39$1,425,719$1,086,638$999,930$1,320,030
40$1,526,242$1,094,983$988,528$1,371,704
41$1,635,605$1,102,323$975,330$1,427,131
42$1,754,664$1,108,564$960,230$1,486,692
43$1,884,361$1,113,605$943,120$1,550,805
44$2,025,736$1,117,342$923,884$1,619,937
45$2,179,930$1,119,660$902,403$1,694,600
46$2,348,200$1,120,441$878,551$1,775,363
47$2,531,930$1,119,556$852,196$1,862,856
48$2,732,643$1,116,870$823,201$1,957,774
49$2,952,016$1,112,241$791,421$2,060,886
50$3,191,895$1,105,514$756,708$2,173,043
51$3,454,314$1,096,530$718,903$2,295,185
52$3,741,510$1,085,115$677,842$2,428,352
53$4,055,947$1,071,090$633,353$2,573,692
54$4,400,341$1,054,260$585,258$2,732,478
55$4,777,680$1,034,423$533,368$2,906,111
56$5,191,255$1,011,361$477,487$3,096,143
57$5,644,691$984,847$417,411$3,304,287
58$6,141,982$954,636$352,927$3,532,439
59$6,687,525$920,474$283,811$3,782,688
60$7,286,163$882,088$209,829$4,057,347
61$7,943,233$839,192$130,740$4,358,966
62$8,664,611$791,480$46,288$4,690,365
63$9,456,772$738,633$0$5,054,656
64$10,326,846$680,310$0$5,464,630
65$11,282,691$616,152$0$5,925,878
66$12,332,961$545,779$0$6,432,763
67$13,487,191$468,789$0$6,989,974
68$14,755,884$384,760$0$7,602,685
69$16,150,614$293,243$0$8,276,601
70$17,684,130$193,765$0$9,018,016
71$19,370,478$85,826$0$9,833,873
72$21,225,134$0$0$10,731,828
73$23,265,150$0$0$11,731,960
74$25,509,311$0$0$12,867,630
75$27,978,317$0$0$14,117,217
76$30,694,974$0$0$15,492,280
77$33,684,410$0$0$17,005,555
78$36,974,314$0$0$18,671,075
79$40,595,191$0$0$20,504,304
80$44,580,656$0$0$22,522,279
81$48,967,749$0$0$24,743,773
82$53,797,282$0$0$27,189,472
83$59,114,223$0$0$29,882,171
84$64,968,126$0$0$32,846,984
85$71,413,590$0$0$36,111,590
86$78,510,782$0$0$39,706,482
87$86,325,997$0$0$43,665,266
88$94,932,287$0$0$48,024,971
89$104,410,152$0$0$52,826,401
90$114,848,295$0$0$58,114,516
91$126,344,460$0$0$63,938,864
92$139,006,355$0$0$70,354,040
93$152,952,669$0$0$77,420,207
94$168,314,188$0$0$85,203,660
95$185,235,033$0$0$93,777,452
96$203,874,017$0$0$103,222,087
97$224,406,145$0$0$113,626,273
98$247,024,266$0$0$125,087,765
99$271,940,888$0$0$137,714,285
100$299,390,191$0$0$151,624,539