Can I retire at age 35 with 996,000?

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 $996,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.2%
1 years$82,249$81,516$80,801$80,104$79,422$78,365
2 years$40,717$39,959$39,224$38,511$37,820$36,757
3 years$26,875$26,114$25,380$24,675$23,995$22,958
4 years$19,956$19,196$18,470$17,777$17,113$16,111
5 years$15,805$15,050$14,334$13,654$13,009$12,045
6 years$13,039$12,290$11,584$10,919$10,294$9,368
7 years$11,063$10,321$9,626$8,977$8,372$7,485
8 years$9,583$8,847$8,164$7,531$6,945$6,098
9 years$8,432$7,703$7,032$6,415$5,849$5,040
10 years$7,511$6,790$6,130$5,530$4,983$4,213
11 years$6,759$6,044$5,397$4,812$4,286$3,553
12 years$6,132$5,425$4,790$4,221$3,714$3,018
13 years$5,603$4,903$4,279$3,727$3,239$2,578
14 years$5,149$4,456$3,845$3,308$2,839$2,213
15 years$4,756$4,071$3,471$2,950$2,500$1,908
16 years$4,413$3,735$3,147$2,642$2,209$1,650
17 years$4,110$3,440$2,864$2,373$1,959$1,431
18 years$3,841$3,179$2,614$2,139$1,742$1,244
19 years$3,601$2,946$2,393$1,933$1,552$1,084
20 years$3,385$2,737$2,197$1,750$1,387$946
21 years$3,190$2,550$2,020$1,589$1,241$827
22 years$3,013$2,380$1,862$1,444$1,112$723
23 years$2,851$2,226$1,719$1,315$998$634
24 years$2,704$2,086$1,590$1,200$897$556
25 years$2,568$1,957$1,473$1,096$808$488
26 years$2,443$1,840$1,366$1,002$727$429
27 years$2,327$1,731$1,268$917$656$377
28 years$2,220$1,631$1,179$840$592$332
29 years$2,120$1,539$1,097$770$534$292
30 years$2,027$1,453$1,022$707$483$257
31 years$1,941$1,374$953$649$437$226
32 years$1,860$1,300$889$597$395$199
33 years$1,784$1,231$830$549$357$176
34 years$1,712$1,167$776$505$324$155
35 years$1,645$1,107$725$465$293$137
36 years$1,582$1,050$678$428$266$121
37 years$1,522$998$635$394$241$106
38 years$1,466$948$595$364$218$94
39 years$1,412$902$557$335$198$83
40 years$1,362$858$522$309$179$73
41 years$1,314$817$490$285$163$65
42 years$1,268$778$459$263$148$57
43 years$1,225$741$431$243$134$50
44 years$1,183$706$404$224$122$44
45 years$1,144$674$380$207$110$39
46 years$1,107$643$357$191$100$35
47 years$1,071$613$335$177$91$31
48 years$1,036$585$315$163$83$27
49 years$1,004$559$296$151$75$24
50 years$972$534$278$140$68$21

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $996,000, adding $3,258 every year, while hoping to spend $53,500 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: 58/12/30 Blend
34$996,000$996,000$996,000$996,000
35$1,100,953$1,048,165$1,032,727$1,155,572
36$1,156,326$1,042,601$1,010,399$1,187,869
37$1,215,555$1,034,972$985,531$1,217,189
38$1,278,975$1,025,119$957,980$1,248,081
39$1,346,957$1,012,876$927,598$1,280,715
40$1,419,904$998,065$894,231$1,315,278
41$1,498,262$980,498$857,716$1,351,981
42$1,582,519$959,977$817,883$1,391,058
43$1,673,211$936,290$774,557$1,432,772
44$1,770,925$909,215$727,551$1,477,411
45$1,876,307$878,515$676,672$1,525,301
46$1,990,069$843,940$621,719$1,576,800
47$2,112,989$805,226$562,479$1,632,309
48$2,245,924$762,093$498,733$1,692,271
49$2,389,818$714,245$430,250$1,757,181
50$2,545,705$661,368$356,789$1,827,587
51$2,714,725$603,133$278,100$1,904,097
52$2,898,129$539,189$193,918$1,987,387
53$3,097,296$469,167$103,972$2,078,205
54$3,313,739$392,675$7,974$2,177,382
55$3,549,127$309,302$0$2,285,840
56$3,805,291$218,612$0$2,434,839
57$4,084,250$120,143$0$2,599,960
58$4,388,223$13,410$0$2,780,004
59$4,719,655$0$0$2,976,467
60$5,081,233$0$0$3,204,482
61$5,475,917$0$0$3,455,387
62$5,906,966$0$0$3,729,491
63$6,377,965$0$0$4,029,086
64$6,892,865$0$0$4,356,694
65$7,456,010$0$0$4,715,092
66$8,072,189$0$0$5,107,339
67$8,746,672$0$0$5,536,801
68$9,485,262$0$0$6,007,186
69$10,294,350$0$0$6,522,577
70$11,180,976$0$0$7,087,472
71$12,152,891$0$0$7,706,824
72$13,218,632$0$0$8,386,087
73$14,387,602$0$0$9,131,270
74$15,670,158$0$0$9,948,991
75$17,077,708$0$0$10,846,538
76$18,622,818$0$0$11,831,941
77$20,319,329$0$0$12,914,046
78$22,182,490$0$0$14,102,596
79$24,229,096$0$0$15,408,325
80$26,477,652$0$0$16,843,057
81$28,948,542$0$0$18,419,818
82$31,664,223$0$0$20,152,960
83$34,649,436$0$0$22,058,294
84$37,931,437$0$0$24,153,239
85$41,540,258$0$0$26,456,985
86$45,508,982$0$0$28,990,678
87$49,874,061$0$0$31,777,611
88$54,675,659$0$0$34,843,454
89$59,958,025$0$0$38,216,485
90$65,769,913$0$0$41,927,864
91$72,165,043$0$0$46,011,922
92$79,202,605$0$0$50,506,487
93$86,947,815$0$0$55,453,241
94$95,472,532$0$0$60,898,109
95$104,855,936$0$0$66,891,696
96$115,185,270$0$0$73,489,761
97$126,556,669$0$0$80,753,744
98$139,076,060$0$0$88,751,347
99$152,860,162$0$0$97,557,168
100$168,037,591$0$0$107,253,408