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%12.7%
1 years$65,072$64,493$63,927$63,375$62,836$62,128
2 years$32,214$31,614$31,033$30,469$29,922$29,209
3 years$21,263$20,660$20,080$19,522$18,984$18,288
4 years$15,788$15,187$14,613$14,064$13,539$12,867
5 years$12,504$11,907$11,340$10,803$10,292$9,645
6 years$10,316$9,723$9,165$8,639$8,144$7,522
7 years$8,753$8,165$7,616$7,103$6,623$6,027
8 years$7,582$6,999$6,459$5,958$5,495$4,924
9 years$6,671$6,094$5,563$5,075$4,627$4,082
10 years$5,943$5,372$4,850$4,375$3,943$3,422
11 years$5,348$4,782$4,270$3,807$3,391$2,895
12 years$4,852$4,292$3,789$3,340$2,938$2,467
13 years$4,433$3,879$3,386$2,948$2,562$2,114
14 years$4,074$3,526$3,042$2,617$2,246$1,821
15 years$3,763$3,221$2,746$2,334$1,978$1,575
16 years$3,491$2,955$2,490$2,090$1,748$1,367
17 years$3,252$2,721$2,266$1,878$1,550$1,190
18 years$3,039$2,515$2,068$1,692$1,378$1,038
19 years$2,849$2,331$1,894$1,529$1,228$907
20 years$2,678$2,166$1,738$1,385$1,097$795
21 years$2,524$2,017$1,598$1,257$982$697
22 years$2,384$1,883$1,473$1,143$880$613
23 years$2,256$1,761$1,360$1,041$790$539
24 years$2,139$1,650$1,258$949$710$475
25 years$2,032$1,549$1,165$867$639$418
26 years$1,933$1,455$1,081$793$576$369
27 years$1,841$1,370$1,003$726$519$326
28 years$1,756$1,291$933$665$468$288
29 years$1,677$1,218$868$610$423$254
30 years$1,604$1,150$809$559$382$225
31 years$1,535$1,087$754$514$345$199
32 years$1,471$1,029$703$472$312$176
33 years$1,411$974$657$434$283$156
34 years$1,355$923$614$400$256$138
35 years$1,302$876$574$368$232$122
36 years$1,252$831$537$339$210$108
37 years$1,204$789$502$312$190$96
38 years$1,160$750$470$288$173$85
39 years$1,117$713$441$265$157$75
40 years$1,077$679$413$245$142$67
41 years$1,039$646$387$226$129$59
42 years$1,003$615$363$208$117$52
43 years$969$586$341$192$106$46
44 years$936$559$320$178$96$41
45 years$905$533$300$164$87$37
46 years$875$508$282$151$79$32
47 years$847$485$265$140$72$29
48 years$820$463$249$129$65$25
49 years$794$442$234$119$59$23
50 years$769$422$220$110$54$20

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $788,000, adding $6,394 every year, while hoping to spend $52,556 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: 59/24/17 Blend
34$788,000$788,000$788,000$788,000
35$874,971$833,207$820,993$922,390
36$908,299$818,115$792,578$940,120
37$943,265$800,522$761,448$953,092
38$979,981$780,250$727,459$966,030
39$1,018,567$757,111$690,457$978,937
40$1,059,156$730,904$650,283$991,821
41$1,101,891$701,420$606,768$1,004,692
42$1,146,928$668,433$559,739$1,017,567
43$1,194,436$631,709$509,012$1,030,463
44$1,244,603$590,996$454,398$1,043,404
45$1,297,629$546,031$395,697$1,056,422
46$1,353,734$496,535$332,700$1,069,552
47$1,413,161$442,211$265,191$1,082,839
48$1,476,171$382,747$192,943$1,096,335
49$1,543,053$317,814$115,719$1,110,104
50$1,614,121$247,063$33,272$1,124,217
51$1,689,719$170,126$0$1,138,762
52$1,770,222$86,615$0$1,163,763
53$1,856,044$0$0$1,196,495
54$1,947,635$0$0$1,232,127
55$2,045,490$0$0$1,294,674
56$2,150,151$0$0$1,361,611
57$2,262,212$0$0$1,433,326
58$2,382,325$0$0$1,510,239
59$2,511,205$0$0$1,592,814
60$2,649,635$0$0$1,681,562
61$2,798,478$0$0$1,777,039
62$2,958,677$0$0$1,879,860
63$3,131,272$0$0$1,990,697
64$3,317,402$0$0$2,110,291
65$3,518,319$0$0$2,239,456
66$3,735,401$0$0$2,379,083
67$3,970,158$0$0$2,530,155
68$4,224,253$0$0$2,693,751
69$4,499,514$0$0$2,871,058
70$4,797,950$0$0$3,063,380
71$5,121,770$0$0$3,272,152
72$5,473,404$0$0$3,498,953
73$5,855,525$0$0$3,745,519
74$6,271,073$0$0$4,013,759
75$6,723,284$0$0$4,305,774
76$7,215,715$0$0$4,623,878
77$7,752,284$0$0$4,970,614
78$8,337,300$0$0$5,348,782
79$8,975,509$0$0$5,761,466
80$9,672,130$0$0$6,212,057
81$10,432,912$0$0$6,704,290
82$11,264,182$0$0$7,242,277
83$12,172,906$0$0$7,830,545
84$13,166,752$0$0$8,474,077
85$14,254,165$0$0$9,178,361
86$15,444,443$0$0$9,949,439
87$16,747,825$0$0$10,793,967
88$18,175,585$0$0$11,719,271
89$19,740,140$0$0$12,733,422
90$21,455,165$0$0$13,845,309
91$23,335,721$0$0$15,064,720
92$25,398,396$0$0$16,402,437
93$27,661,461$0$0$17,870,337
94$30,145,039$0$0$19,481,500
95$32,871,298$0$0$21,250,337
96$35,864,658$0$0$23,192,718
97$39,152,015$0$0$25,326,131
98$42,763,002$0$0$27,669,836
99$46,730,259$0$0$30,245,052
100$51,089,748$0$0$33,075,157