Can I retire at age 35 with 994,000?

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 $994,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.7%
1 years$82,084$81,352$80,639$79,943$79,263$76,481
2 years$40,635$39,879$39,145$38,434$37,744$34,971
3 years$26,821$26,061$25,330$24,625$23,947$21,269
4 years$19,915$19,158$18,433$17,741$17,079$14,517
5 years$15,773$15,020$14,305$13,627$12,983$10,544
6 years$13,012$12,265$11,561$10,897$10,273$7,958
7 years$11,041$10,300$9,607$8,959$8,355$6,164
8 years$9,564$8,829$8,147$7,516$6,931$4,863
9 years$8,415$7,687$7,017$6,402$5,837$3,889
10 years$7,496$6,776$6,118$5,518$4,973$3,141
11 years$6,745$6,032$5,386$4,803$4,277$2,558
12 years$6,120$5,414$4,780$4,213$3,707$2,096
13 years$5,591$4,893$4,271$3,719$3,232$1,726
14 years$5,139$4,447$3,837$3,301$2,833$1,427
15 years$4,747$4,063$3,464$2,944$2,495$1,183
16 years$4,404$3,728$3,141$2,636$2,205$984
17 years$4,102$3,433$2,858$2,369$1,955$820
18 years$3,833$3,172$2,609$2,135$1,738$685
19 years$3,594$2,940$2,389$1,929$1,549$573
20 years$3,378$2,732$2,192$1,747$1,384$479
21 years$3,184$2,545$2,016$1,585$1,238$402
22 years$3,007$2,375$1,858$1,442$1,110$337
23 years$2,846$2,222$1,716$1,313$996$283
24 years$2,698$2,082$1,587$1,197$896$238
25 years$2,563$1,953$1,470$1,094$806$200
26 years$2,438$1,836$1,363$1,000$726$168
27 years$2,322$1,728$1,266$915$655$141
28 years$2,215$1,628$1,177$839$591$119
29 years$2,116$1,536$1,095$769$533$100
30 years$2,023$1,451$1,020$706$482$84
31 years$1,937$1,371$951$648$436$71
32 years$1,856$1,297$887$596$394$60
33 years$1,780$1,229$828$548$357$50
34 years$1,709$1,165$774$504$323$42
35 years$1,642$1,105$724$464$292$36
36 years$1,579$1,048$677$427$265$30
37 years$1,519$996$634$394$240$25
38 years$1,463$946$593$363$218$21
39 years$1,409$900$556$335$197$18
40 years$1,359$856$521$309$179$15
41 years$1,311$815$489$285$162$13
42 years$1,266$776$458$263$147$11
43 years$1,222$739$430$243$134$9
44 years$1,181$705$404$224$121$8
45 years$1,142$672$379$207$110$6
46 years$1,104$641$356$191$100$5
47 years$1,069$612$334$177$91$5
48 years$1,034$584$314$163$83$4
49 years$1,002$558$295$151$75$3
50 years$970$533$278$139$68$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $994,000, adding $2,972 every year, while hoping to spend $25,123 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: 38/46/16 Blend
34$994,000$994,000$994,000$994,000
35$1,098,454$1,045,772$1,030,365$1,134,792
36$1,183,765$1,070,284$1,038,151$1,185,619
37$1,276,937$1,095,155$1,045,357$1,237,884
38$1,378,743$1,120,376$1,051,935$1,293,833
39$1,490,038$1,145,938$1,057,837$1,353,808
40$1,611,760$1,171,827$1,063,014$1,418,191
41$1,744,945$1,198,032$1,067,410$1,487,399
42$1,890,732$1,224,538$1,070,971$1,561,894
43$2,050,374$1,251,329$1,073,636$1,642,181
44$2,225,255$1,278,386$1,075,345$1,728,822
45$2,416,893$1,305,689$1,076,032$1,822,434
46$2,626,966$1,333,218$1,075,628$1,923,695
47$2,857,318$1,360,947$1,074,063$2,033,355
48$3,109,981$1,388,850$1,071,262$2,152,241
49$3,387,195$1,416,899$1,067,144$2,281,262
50$3,691,424$1,445,062$1,061,629$2,421,423
51$4,025,385$1,473,306$1,054,629$2,573,830
52$4,392,068$1,501,593$1,046,053$2,739,703
53$4,794,771$1,529,882$1,035,808$2,920,388
54$5,237,123$1,558,131$1,023,792$3,117,367
55$5,723,123$1,586,293$1,009,903$3,332,275
56$6,257,177$1,614,317$994,030$3,566,914
57$6,844,139$1,642,149$976,060$3,823,273
58$7,489,356$1,669,729$955,873$4,103,542
59$8,198,719$1,696,995$933,344$4,410,138
60$8,978,719$1,723,878$908,342$4,745,723
61$9,836,507$1,750,307$880,729$5,113,235
62$10,779,961$1,776,201$850,364$5,515,912
63$11,817,761$1,801,479$817,095$5,957,323
64$12,959,471$1,826,051$780,766$6,441,404
65$14,215,629$1,849,819$741,214$6,972,496
66$15,597,845$1,872,682$698,267$7,555,381
67$17,118,913$1,894,531$651,746$8,195,336
68$18,792,927$1,915,248$601,465$8,898,175
69$20,635,419$1,934,709$547,227$9,670,311
70$22,663,502$1,952,780$488,830$10,518,810
71$24,896,032$1,969,319$426,059$11,451,467
72$27,353,788$1,984,176$358,692$12,476,872
73$30,059,663$1,997,189$286,496$13,604,497
74$33,038,884$2,008,187$209,230$14,844,782
75$36,319,250$2,016,988$126,639$16,209,240
76$39,931,390$2,023,398$38,458$17,710,560
77$43,909,058$2,027,210$0$19,362,730
78$48,289,445$2,028,206$0$21,190,673
79$53,113,533$2,026,153$0$23,209,512
80$58,426,484$2,020,805$0$25,431,466
81$64,278,059$2,011,898$0$27,877,249
82$70,723,096$1,999,156$0$30,569,688
83$77,822,019$1,982,282$0$33,533,945
84$85,641,416$1,960,965$0$36,797,752
85$94,254,659$1,934,871$0$40,391,675
86$103,742,605$1,903,651$0$44,349,402
87$114,194,352$1,866,930$0$48,708,064
88$125,708,082$1,824,316$0$53,508,586
89$138,391,988$1,775,389$0$58,796,073
90$152,365,295$1,719,708$0$64,620,237
91$167,759,386$1,656,804$0$71,035,869
92$184,719,038$1,586,182$0$78,103,357
93$203,403,793$1,507,318$0$85,889,258
94$223,989,460$1,419,657$0$94,466,925
95$246,669,777$1,322,613$0$103,917,205
96$271,658,239$1,215,565$0$114,329,201
97$299,190,110$1,097,858$0$125,801,115
98$329,524,648$968,800$0$138,441,179
99$362,947,549$827,659$0$152,368,678
100$399,773,645$673,660$0$167,715,077