Can I retire at age 35 with 788,000?

Use the below retirement simulation to view the chances of a successful retirement.
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%14.8%
1 years$65,072$64,493$63,927$63,375$62,836$61,593
2 years$32,214$31,614$31,033$30,469$29,922$28,674
3 years$21,263$20,660$20,080$19,522$18,984$17,771
4 years$15,788$15,187$14,613$14,064$13,539$12,371
5 years$12,504$11,907$11,340$10,803$10,292$9,171
6 years$10,316$9,723$9,165$8,639$8,144$7,072
7 years$8,753$8,165$7,616$7,103$6,623$5,600
8 years$7,582$6,999$6,459$5,958$5,495$4,520
9 years$6,671$6,094$5,563$5,075$4,627$3,701
10 years$5,943$5,372$4,850$4,375$3,943$3,063
11 years$5,348$4,782$4,270$3,807$3,391$2,558
12 years$4,852$4,292$3,789$3,340$2,938$2,150
13 years$4,433$3,879$3,386$2,948$2,562$1,818
14 years$4,074$3,526$3,042$2,617$2,246$1,544
15 years$3,763$3,221$2,746$2,334$1,978$1,316
16 years$3,491$2,955$2,490$2,090$1,748$1,125
17 years$3,252$2,721$2,266$1,878$1,550$965
18 years$3,039$2,515$2,068$1,692$1,378$829
19 years$2,849$2,331$1,894$1,529$1,228$714
20 years$2,678$2,166$1,738$1,385$1,097$616
21 years$2,524$2,017$1,598$1,257$982$532
22 years$2,384$1,883$1,473$1,143$880$460
23 years$2,256$1,761$1,360$1,041$790$398
24 years$2,139$1,650$1,258$949$710$345
25 years$2,032$1,549$1,165$867$639$299
26 years$1,933$1,455$1,081$793$576$259
27 years$1,841$1,370$1,003$726$519$225
28 years$1,756$1,291$933$665$468$195
29 years$1,677$1,218$868$610$423$170
30 years$1,604$1,150$809$559$382$147
31 years$1,535$1,087$754$514$345$128
32 years$1,471$1,029$703$472$312$111
33 years$1,411$974$657$434$283$97
34 years$1,355$923$614$400$256$84
35 years$1,302$876$574$368$232$73
36 years$1,252$831$537$339$210$64
37 years$1,204$789$502$312$190$56
38 years$1,160$750$470$288$173$48
39 years$1,117$713$441$265$157$42
40 years$1,077$679$413$245$142$37
41 years$1,039$646$387$226$129$32
42 years$1,003$615$363$208$117$28
43 years$969$586$341$192$106$24
44 years$936$559$320$178$96$21
45 years$905$533$300$164$87$18
46 years$875$508$282$151$79$16
47 years$847$485$265$140$72$14
48 years$820$463$249$129$65$12
49 years$794$442$234$119$59$11
50 years$769$422$220$110$54$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $788,000, adding $5,608 every year, while hoping to spend $21,537 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: 61/19/20 Blend
34$788,000$788,000$788,000$788,000
35$874,161$832,397$820,183$922,612
36$940,410$850,269$824,744$973,897
37$1,012,695$868,295$828,735$1,026,962
38$1,091,608$886,460$832,116$1,084,387
39$1,177,802$904,747$834,843$1,146,597
40$1,271,996$923,138$836,868$1,214,062
41$1,374,981$941,612$838,144$1,287,300
42$1,487,627$960,149$838,620$1,366,882
43$1,610,894$978,725$838,243$1,453,437
44$1,745,837$997,315$836,956$1,547,657
45$1,893,619$1,015,890$834,700$1,650,308
46$2,055,520$1,034,421$831,415$1,762,230
47$2,232,951$1,052,876$827,036$1,884,353
48$2,427,465$1,071,219$821,494$2,017,699
49$2,640,772$1,089,415$814,720$2,163,397
50$2,874,756$1,107,421$806,638$2,322,688
51$3,131,492$1,125,196$797,172$2,496,944
52$3,413,266$1,142,692$786,238$2,687,676
53$3,722,595$1,159,860$773,753$2,896,547
54$4,062,253$1,176,646$759,627$3,125,393
55$4,435,294$1,192,993$743,766$3,376,237
56$4,845,085$1,208,840$726,073$3,651,309
57$5,295,331$1,224,122$706,444$3,953,068
58$5,790,119$1,238,767$684,774$4,284,222
59$6,333,946$1,252,702$660,949$4,647,758
60$6,931,771$1,265,847$634,853$5,046,969
61$7,589,055$1,278,117$606,364$5,485,484
62$8,311,814$1,289,420$575,353$5,967,303
63$9,106,678$1,299,660$541,686$6,496,835
64$9,980,951$1,308,735$505,224$7,078,941
65$10,942,679$1,316,534$465,820$7,718,978
66$12,000,729$1,322,941$423,322$8,422,851
67$13,164,870$1,327,832$377,569$9,197,071
68$14,445,865$1,331,074$328,396$10,048,811
69$15,855,574$1,332,528$275,629$10,985,981
70$17,407,065$1,332,044$219,085$12,017,298
71$19,114,737$1,329,465$158,575$13,152,369
72$20,994,453$1,324,622$93,900$14,401,786
73$23,063,696$1,317,337$24,854$15,777,221
74$25,341,727$1,307,421$0$17,291,541
75$27,849,772$1,294,674$0$18,969,347
76$30,611,219$1,278,882$0$20,822,189
77$33,651,836$1,259,821$0$22,862,033
78$37,000,023$1,237,251$0$25,107,922
79$40,687,069$1,210,920$0$27,580,839
80$44,747,455$1,180,560$0$30,303,908
81$49,219,175$1,145,887$0$33,302,614
82$54,144,095$1,106,600$0$36,605,040
83$59,568,352$1,062,382$0$40,242,134
84$65,542,781$1,012,897$0$44,248,004
85$72,123,404$957,788$0$48,660,235
86$79,371,951$896,679$0$53,520,250
87$87,356,447$829,173$0$58,873,696
88$96,151,850$754,849$0$64,770,878
89$105,840,764$673,261$0$71,267,233
90$116,514,212$583,941$0$78,423,856
91$128,272,499$486,391$0$86,308,074
92$141,226,157$380,087$0$94,994,083
93$155,496,988$264,475$0$104,563,653
94$171,219,216$138,970$0$115,106,891
95$188,540,750$2,953$0$126,723,103
96$207,624,581$0$0$139,521,723
97$228,650,322$0$0$153,653,508
98$251,815,902$0$0$169,224,305
99$277,339,433$0$0$186,380,115
100$305,461,271$0$0$205,282,507