Can I retire at age 35 with 789,000?

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 $789,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.2%
1 years$65,155$64,575$64,008$63,456$62,916$62,337
2 years$32,255$31,654$31,072$30,508$29,960$29,376
3 years$21,290$20,686$20,106$19,546$19,008$18,438
4 years$15,808$15,207$14,632$14,082$13,557$13,005
5 years$12,520$11,922$11,355$10,816$10,305$9,774
6 years$10,329$9,735$9,176$8,650$8,154$7,643
7 years$8,764$8,176$7,626$7,112$6,632$6,141
8 years$7,591$7,008$6,467$5,966$5,502$5,031
9 years$6,679$6,102$5,570$5,082$4,633$4,183
10 years$5,950$5,378$4,856$4,380$3,948$3,518
11 years$5,354$4,788$4,275$3,812$3,395$2,985
12 years$4,858$4,298$3,794$3,344$2,942$2,552
13 years$4,438$3,884$3,390$2,952$2,566$2,194
14 years$4,079$3,530$3,046$2,621$2,249$1,896
15 years$3,768$3,225$2,750$2,337$1,980$1,645
16 years$3,496$2,959$2,493$2,093$1,750$1,433
17 years$3,256$2,725$2,269$1,880$1,552$1,251
18 years$3,043$2,518$2,071$1,694$1,380$1,096
19 years$2,853$2,334$1,896$1,531$1,230$961
20 years$2,682$2,169$1,740$1,387$1,098$845
21 years$2,527$2,020$1,600$1,258$983$744
22 years$2,387$1,885$1,475$1,144$881$656
23 years$2,259$1,763$1,362$1,042$791$580
24 years$2,142$1,652$1,260$950$711$512
25 years$2,034$1,551$1,167$868$640$453
26 years$1,935$1,457$1,082$794$576$401
27 years$1,843$1,371$1,005$726$520$356
28 years$1,759$1,292$934$666$469$315
29 years$1,680$1,219$869$610$423$280
30 years$1,606$1,151$810$560$382$248
31 years$1,537$1,088$755$514$346$221
32 years$1,473$1,030$704$473$313$196
33 years$1,413$975$658$435$283$174
34 years$1,356$924$614$400$256$155
35 years$1,303$877$574$368$232$138
36 years$1,253$832$537$339$210$123
37 years$1,206$790$503$312$191$109
38 years$1,161$751$471$288$173$97
39 years$1,119$714$441$266$157$86
40 years$1,079$680$414$245$142$77
41 years$1,041$647$388$226$129$68
42 years$1,005$616$364$209$117$61
43 years$970$587$341$193$106$54
44 years$937$560$320$178$96$48
45 years$906$534$301$164$88$43
46 years$877$509$283$152$79$38
47 years$848$486$265$140$72$34
48 years$821$464$249$129$66$30
49 years$795$443$234$120$60$27
50 years$770$423$220$111$54$24

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $789,000, adding $2,822 every year, while hoping to spend $37,518 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: 50/34/16 Blend
34$789,000$789,000$789,000$789,000
35$872,389$830,572$818,342$912,027
36$921,454$831,351$805,838$940,399
37$974,266$830,911$791,657$967,088
38$1,031,167$829,152$775,704$995,271
39$1,092,535$825,969$757,879$1,025,099
40$1,158,782$821,251$738,077$1,056,745
41$1,230,363$814,877$716,188$1,090,397
42$1,307,777$806,723$692,097$1,126,267
43$1,391,573$796,654$665,684$1,164,590
44$1,482,353$784,530$636,824$1,205,628
45$1,580,781$770,201$605,386$1,249,670
46$1,687,587$753,506$571,233$1,297,040
47$1,803,572$734,279$534,220$1,348,095
48$1,929,619$712,342$494,199$1,403,234
49$2,066,698$687,505$451,013$1,462,898
50$2,215,878$659,569$404,498$1,527,578
51$2,378,333$628,323$354,484$1,597,818
52$2,555,356$593,544$300,792$1,674,221
53$2,748,370$554,995$243,237$1,757,456
54$2,958,940$512,427$181,622$1,848,265
55$3,188,792$465,575$115,746$1,947,471
56$3,439,821$414,161$45,396$2,055,983
57$3,714,118$357,890$0$2,174,812
58$4,013,981$296,449$0$2,310,142
59$4,341,942$229,510$0$2,466,745
60$4,700,789$156,725$0$2,638,273
61$5,093,592$77,727$0$2,826,287
62$5,523,729$0$0$3,032,511
63$5,994,925$0$0$3,261,795
64$6,511,278$0$0$3,545,001
65$7,077,302$0$0$3,855,534
66$7,697,969$0$0$4,196,134
67$8,378,756$0$0$4,569,816
68$9,125,695$0$0$4,979,903
69$9,945,429$0$0$5,430,053
70$10,845,276$0$0$5,924,298
71$11,833,299$0$0$6,467,078
72$12,918,377$0$0$7,063,284
73$14,110,292$0$0$7,718,305
74$15,419,821$0$0$8,438,077
75$16,858,836$0$0$9,229,139
76$18,440,416$0$0$10,098,697
77$20,178,968$0$0$11,054,688
78$22,090,369$0$0$12,105,856
79$24,192,107$0$0$13,261,836
80$26,503,450$0$0$14,533,244
81$29,045,629$0$0$15,931,775
82$31,842,032$0$0$17,470,313
83$34,918,432$0$0$19,163,058
84$38,303,223$0$0$21,025,653
85$42,027,691$0$0$23,075,333
86$46,126,307$0$0$25,331,089
87$50,637,053$0$0$27,813,848
88$55,601,779$0$0$30,546,667
89$61,066,600$0$0$33,554,951
90$67,082,326$0$0$36,866,695
91$73,704,945$0$0$40,512,744
92$80,996,147$0$0$44,527,088
93$89,023,911$0$0$48,947,180
94$97,863,141$0$0$53,814,288
95$107,596,374$0$0$59,173,888
96$118,314,560$0$0$65,076,089
97$130,117,916$0$0$71,576,108
98$143,116,876$0$0$78,734,791
99$157,433,128$0$0$86,619,184
100$173,200,764$0$0$95,303,168