Can I retire at age 35 with 788,000?

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 $788,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.9%
1 years$65,072$64,493$63,927$63,375$62,836$60,343
2 years$32,214$31,614$31,033$30,469$29,922$27,441
3 years$21,263$20,660$20,080$19,522$18,984$16,593
4 years$15,788$15,187$14,613$14,064$13,539$11,257
5 years$12,504$11,907$11,340$10,803$10,292$8,125
6 years$10,316$9,723$9,165$8,639$8,144$6,092
7 years$8,753$8,165$7,616$7,103$6,623$4,686
8 years$7,582$6,999$6,459$5,958$5,495$3,671
9 years$6,671$6,094$5,563$5,075$4,627$2,914
10 years$5,943$5,372$4,850$4,375$3,943$2,336
11 years$5,348$4,782$4,270$3,807$3,391$1,887
12 years$4,852$4,292$3,789$3,340$2,938$1,534
13 years$4,433$3,879$3,386$2,948$2,562$1,253
14 years$4,074$3,526$3,042$2,617$2,246$1,027
15 years$3,763$3,221$2,746$2,334$1,978$845
16 years$3,491$2,955$2,490$2,090$1,748$696
17 years$3,252$2,721$2,266$1,878$1,550$575
18 years$3,039$2,515$2,068$1,692$1,378$476
19 years$2,849$2,331$1,894$1,529$1,228$394
20 years$2,678$2,166$1,738$1,385$1,097$327
21 years$2,524$2,017$1,598$1,257$982$272
22 years$2,384$1,883$1,473$1,143$880$226
23 years$2,256$1,761$1,360$1,041$790$188
24 years$2,139$1,650$1,258$949$710$156
25 years$2,032$1,549$1,165$867$639$130
26 years$1,933$1,455$1,081$793$576$108
27 years$1,841$1,370$1,003$726$519$90
28 years$1,756$1,291$933$665$468$75
29 years$1,677$1,218$868$610$423$63
30 years$1,604$1,150$809$559$382$52
31 years$1,535$1,087$754$514$345$43
32 years$1,471$1,029$703$472$312$36
33 years$1,411$974$657$434$283$30
34 years$1,355$923$614$400$256$25
35 years$1,302$876$574$368$232$21
36 years$1,252$831$537$339$210$17
37 years$1,204$789$502$312$190$15
38 years$1,160$750$470$288$173$12
39 years$1,117$713$441$265$157$10
40 years$1,077$679$413$245$142$8
41 years$1,039$646$387$226$129$7
42 years$1,003$615$363$208$117$6
43 years$969$586$341$192$106$5
44 years$936$559$320$178$96$4
45 years$905$533$300$164$87$3
46 years$875$508$282$151$79$3
47 years$847$485$265$140$72$2
48 years$820$463$249$129$65$2
49 years$794$442$234$119$59$2
50 years$769$422$220$110$54$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $788,000, adding $3,341 every year, while hoping to spend $58,271 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: 72/12/16 Blend
34$788,000$788,000$788,000$788,000
35$871,822$830,058$817,844$931,173
36$898,748$808,731$783,242$949,673
37$926,468$784,406$745,528$962,534
38$955,000$756,875$704,536$975,099
39$984,365$725,916$660,092$987,327
40$1,014,581$691,297$612,016$999,176
41$1,045,668$652,771$560,119$1,010,598
42$1,077,646$610,076$504,203$1,021,543
43$1,110,533$562,937$444,061$1,031,957
44$1,144,349$511,062$379,478$1,041,783
45$1,179,110$454,142$310,228$1,050,960
46$1,214,835$391,851$236,076$1,059,422
47$1,251,541$323,844$156,778$1,067,098
48$1,289,244$249,758$72,076$1,073,913
49$1,327,959$169,209$0$1,079,787
50$1,367,700$81,789$0$1,087,762
51$1,408,480$0$0$1,107,952
52$1,450,309$0$0$1,129,698
53$1,493,198$0$0$1,163,065
54$1,537,152$0$0$1,197,257
55$1,582,176$0$0$1,232,276
56$1,628,272$0$0$1,268,123
57$1,675,439$0$0$1,304,797
58$1,723,671$0$0$1,342,292
59$1,772,958$0$0$1,380,600
60$1,823,287$0$0$1,419,710
61$1,874,639$0$0$1,459,605
62$1,926,987$0$0$1,500,265
63$1,980,301$0$0$1,541,663
64$2,034,541$0$0$1,583,767
65$2,089,660$0$0$1,626,539
66$2,145,600$0$0$1,669,932
67$2,202,293$0$0$1,713,892
68$2,259,662$0$0$1,758,356
69$2,317,613$0$0$1,803,248
70$2,376,040$0$0$1,848,484
71$2,434,821$0$0$1,893,965
72$2,493,815$0$0$1,939,579
73$2,552,861$0$0$1,985,197
74$2,611,778$0$0$2,030,672
75$2,670,358$0$0$2,075,841
76$2,728,366$0$0$2,120,515
77$2,785,539$0$0$2,164,483
78$2,841,577$0$0$2,207,508
79$2,896,148$0$0$2,249,322
80$2,948,873$0$0$2,289,625
81$2,999,332$0$0$2,328,082
82$3,047,052$0$0$2,364,317
83$3,091,506$0$0$2,397,908
84$3,132,105$0$0$2,428,388
85$3,168,190$0$0$2,455,232
86$3,199,030$0$0$2,477,857
87$3,223,807$0$0$2,495,614
88$3,241,613$0$0$2,507,781
89$3,251,438$0$0$2,513,553
90$3,252,160$0$0$2,512,038
91$3,242,532$0$0$2,502,245
92$3,221,168$0$0$2,483,074
93$3,186,535$0$0$2,453,303
94$3,136,928$0$0$2,411,580
95$3,070,460$0$0$2,356,404
96$2,985,040$0$0$2,286,114
97$2,878,351$0$0$2,198,869
98$2,747,828$0$0$2,092,632
99$2,590,632$0$0$1,965,147
100$2,403,622$0$0$1,813,919