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%11.7%
1 years$65,072$64,493$63,927$63,375$62,836$62,388
2 years$32,214$31,614$31,033$30,469$29,922$29,470
3 years$21,263$20,660$20,080$19,522$18,984$18,542
4 years$15,788$15,187$14,613$14,064$13,539$13,111
5 years$12,504$11,907$11,340$10,803$10,292$9,879
6 years$10,316$9,723$9,165$8,639$8,144$7,746
7 years$8,753$8,165$7,616$7,103$6,623$6,241
8 years$7,582$6,999$6,459$5,958$5,495$5,128
9 years$6,671$6,094$5,563$5,075$4,627$4,276
10 years$5,943$5,372$4,850$4,375$3,943$3,607
11 years$5,348$4,782$4,270$3,807$3,391$3,070
12 years$4,852$4,292$3,789$3,340$2,938$2,633
13 years$4,433$3,879$3,386$2,948$2,562$2,271
14 years$4,074$3,526$3,042$2,617$2,246$1,969
15 years$3,763$3,221$2,746$2,334$1,978$1,714
16 years$3,491$2,955$2,490$2,090$1,748$1,498
17 years$3,252$2,721$2,266$1,878$1,550$1,313
18 years$3,039$2,515$2,068$1,692$1,378$1,154
19 years$2,849$2,331$1,894$1,529$1,228$1,016
20 years$2,678$2,166$1,738$1,385$1,097$896
21 years$2,524$2,017$1,598$1,257$982$792
22 years$2,384$1,883$1,473$1,143$880$701
23 years$2,256$1,761$1,360$1,041$790$622
24 years$2,139$1,650$1,258$949$710$552
25 years$2,032$1,549$1,165$867$639$490
26 years$1,933$1,455$1,081$793$576$436
27 years$1,841$1,370$1,003$726$519$388
28 years$1,756$1,291$933$665$468$345
29 years$1,677$1,218$868$610$423$307
30 years$1,604$1,150$809$559$382$274
31 years$1,535$1,087$754$514$345$244
32 years$1,471$1,029$703$472$312$218
33 years$1,411$974$657$434$283$195
34 years$1,355$923$614$400$256$174
35 years$1,302$876$574$368$232$155
36 years$1,252$831$537$339$210$139
37 years$1,204$789$502$312$190$124
38 years$1,160$750$470$288$173$111
39 years$1,117$713$441$265$157$99
40 years$1,077$679$413$245$142$88
41 years$1,039$646$387$226$129$79
42 years$1,003$615$363$208$117$71
43 years$969$586$341$192$106$63
44 years$936$559$320$178$96$57
45 years$905$533$300$164$87$51
46 years$875$508$282$151$79$45
47 years$847$485$265$140$72$40
48 years$820$463$249$129$65$36
49 years$794$442$234$119$59$32
50 years$769$422$220$110$54$29

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $788,000, adding $6,840 every year, while hoping to spend $46,553 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: 55/26/19 Blend
34$788,000$788,000$788,000$788,000
35$875,431$833,667$821,453$918,748
36$915,193$824,985$799,440$940,412
37$957,451$814,317$775,129$958,458
38$1,002,409$801,517$748,394$977,088
39$1,050,293$786,429$719,104$996,368
40$1,101,349$768,890$687,119$1,016,378
41$1,155,846$748,725$652,297$1,037,204
42$1,214,080$725,750$614,487$1,058,945
43$1,276,374$699,770$573,530$1,081,715
44$1,343,084$670,579$529,263$1,105,639
45$1,414,598$637,957$481,513$1,130,861
46$1,491,344$601,674$430,101$1,157,541
47$1,573,791$561,486$374,839$1,185,859
48$1,662,453$517,134$315,532$1,216,020
49$1,757,894$468,345$251,973$1,248,250
50$1,860,736$414,830$183,951$1,282,805
51$1,971,659$356,284$111,241$1,319,971
52$2,091,411$292,385$33,610$1,360,068
53$2,220,815$222,793$0$1,403,454
54$2,360,776$147,146$0$1,460,511
55$2,512,285$65,067$0$1,529,624
56$2,676,436$0$0$1,604,524
57$2,854,428$0$0$1,692,647
58$3,047,584$0$0$1,808,540
59$3,257,354$0$0$1,934,466
60$3,485,337$0$0$2,071,392
61$3,733,290$0$0$2,220,383
62$4,003,146$0$0$2,382,608
63$4,297,033$0$0$2,559,356
64$4,617,292$0$0$2,752,045
65$4,966,499$0$0$2,962,235
66$5,347,489$0$0$3,191,642
67$5,763,384$0$0$3,442,158
68$6,217,620$0$0$3,715,863
69$6,713,979$0$0$4,015,048
70$7,256,624$0$0$4,342,235
71$7,850,141$0$0$4,700,201
72$8,499,576$0$0$5,092,004
73$9,210,489$0$0$5,521,012
74$9,988,999$0$0$5,990,930
75$10,841,847$0$0$6,505,844
76$11,776,456$0$0$7,070,251
77$12,801,000$0$0$7,689,102
78$13,924,483$0$0$8,367,853
79$15,156,821$0$0$9,112,512
80$16,508,937$0$0$9,929,698
81$17,992,862$0$0$10,826,699
82$19,621,847$0$0$11,811,545
83$21,410,491$0$0$12,893,083
84$23,374,874$0$0$14,081,055
85$25,532,710$0$0$15,386,196
86$27,903,513$0$0$16,820,331
87$30,508,783$0$0$18,396,487
88$33,372,202$0$0$20,129,016
89$36,519,862$0$0$22,033,730
90$39,980,511$0$0$24,128,049
91$43,785,817$0$0$26,431,165
92$47,970,675$0$0$28,964,224
93$52,573,527$0$0$31,750,522
94$57,636,730$0$0$34,815,729
95$63,206,952$0$0$38,188,127
96$69,335,612$0$0$41,898,878
97$76,079,365$0$0$45,982,314
98$83,500,632$0$0$50,476,269
99$91,668,196$0$0$55,422,426
100$100,657,843$0$0$60,866,714