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%16.4%
1 years$65,155$64,575$64,008$63,456$62,916$61,271
2 years$32,255$31,654$31,072$30,508$29,960$28,314
3 years$21,290$20,686$20,106$19,546$19,008$17,412
4 years$15,808$15,207$14,632$14,082$13,557$12,023
5 years$12,520$11,922$11,355$10,816$10,305$8,839
6 years$10,329$9,735$9,176$8,650$8,154$6,756
7 years$8,764$8,176$7,626$7,112$6,632$5,302
8 years$7,591$7,008$6,467$5,966$5,502$4,240
9 years$6,679$6,102$5,570$5,082$4,633$3,438
10 years$5,950$5,378$4,856$4,380$3,948$2,818
11 years$5,354$4,788$4,275$3,812$3,395$2,329
12 years$4,858$4,298$3,794$3,344$2,942$1,937
13 years$4,438$3,884$3,390$2,952$2,566$1,620
14 years$4,079$3,530$3,046$2,621$2,249$1,361
15 years$3,768$3,225$2,750$2,337$1,980$1,148
16 years$3,496$2,959$2,493$2,093$1,750$970
17 years$3,256$2,725$2,269$1,880$1,552$822
18 years$3,043$2,518$2,071$1,694$1,380$698
19 years$2,853$2,334$1,896$1,531$1,230$594
20 years$2,682$2,169$1,740$1,387$1,098$506
21 years$2,527$2,020$1,600$1,258$983$432
22 years$2,387$1,885$1,475$1,144$881$369
23 years$2,259$1,763$1,362$1,042$791$315
24 years$2,142$1,652$1,260$950$711$270
25 years$2,034$1,551$1,167$868$640$231
26 years$1,935$1,457$1,082$794$576$198
27 years$1,843$1,371$1,005$726$520$169
28 years$1,759$1,292$934$666$469$145
29 years$1,680$1,219$869$610$423$124
30 years$1,606$1,151$810$560$382$107
31 years$1,537$1,088$755$514$346$92
32 years$1,473$1,030$704$473$313$79
33 years$1,413$975$658$435$283$67
34 years$1,356$924$614$400$256$58
35 years$1,303$877$574$368$232$50
36 years$1,253$832$537$339$210$43
37 years$1,206$790$503$312$191$37
38 years$1,161$751$471$288$173$31
39 years$1,119$714$441$266$157$27
40 years$1,079$680$414$245$142$23
41 years$1,041$647$388$226$129$20
42 years$1,005$616$364$209$117$17
43 years$970$587$341$193$106$15
44 years$937$560$320$178$96$13
45 years$906$534$301$164$88$11
46 years$877$509$283$152$79$9
47 years$848$486$265$140$72$8
48 years$821$464$249$129$66$7
49 years$795$443$234$120$60$6
50 years$770$423$220$111$54$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $789,000, adding $4,682 every year, while hoping to spend $58,752 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: 74/12/14 Blend
34$789,000$789,000$789,000$789,000
35$874,307$832,490$820,261$936,042
36$900,975$810,771$785,228$955,781
37$928,394$786,018$747,052$969,670
38$956,578$758,021$705,567$983,302
39$985,542$726,557$660,596$996,634
40$1,015,299$691,390$611,958$1,009,622
41$1,045,862$652,271$559,461$1,022,217
42$1,077,243$608,935$502,906$1,034,368
43$1,109,454$561,104$442,085$1,046,018
44$1,142,503$508,483$376,780$1,057,106
45$1,176,399$450,760$306,763$1,067,568
46$1,211,150$387,605$231,798$1,077,334
47$1,246,760$318,671$151,636$1,086,328
48$1,283,233$243,589$66,019$1,094,470
49$1,320,569$161,971$0$1,101,672
50$1,358,766$73,407$0$1,111,628
51$1,397,820$0$0$1,131,220
52$1,437,721$0$0$1,153,487
53$1,478,459$0$0$1,186,111
54$1,520,015$0$0$1,219,384
55$1,562,369$0$0$1,253,287
56$1,605,493$0$0$1,287,799
57$1,649,354$0$0$1,322,892
58$1,693,913$0$0$1,358,531
59$1,739,121$0$0$1,394,679
60$1,784,921$0$0$1,431,286
61$1,831,248$0$0$1,468,300
62$1,878,024$0$0$1,505,657
63$1,925,162$0$0$1,543,283
64$1,972,558$0$0$1,581,094
65$2,020,096$0$0$1,618,994
66$2,067,643$0$0$1,656,874
67$2,115,046$0$0$1,694,610
68$2,162,135$0$0$1,732,059
69$2,208,714$0$0$1,769,063
70$2,254,565$0$0$1,805,443
71$2,299,440$0$0$1,840,994
72$2,343,062$0$0$1,875,491
73$2,385,119$0$0$1,908,679
74$2,425,263$0$0$1,940,270
75$2,463,103$0$0$1,969,947
76$2,498,201$0$0$1,997,352
77$2,530,072$0$0$2,022,085
78$2,558,171$0$0$2,043,703
79$2,581,891$0$0$2,061,710
80$2,600,559$0$0$2,075,555
81$2,613,423$0$0$2,084,623
82$2,619,650$0$0$2,088,233
83$2,618,310$0$0$2,085,628
84$2,608,375$0$0$2,075,965
85$2,588,701$0$0$2,058,311
86$2,558,019$0$0$2,031,630
87$2,514,925$0$0$1,994,774
88$2,457,858$0$0$1,946,470
89$2,385,092$0$0$1,885,308
90$2,294,715$0$0$1,809,727
91$2,184,609$0$0$1,717,999
92$2,052,431$0$0$1,608,210
93$1,895,588$0$0$1,478,245
94$1,711,212$0$0$1,325,761
95$1,496,132$0$0$1,148,172
96$1,246,840$0$0$942,615
97$959,460$0$0$705,927
98$629,710$0$0$434,612
99$252,855$0$0$124,809
100$0$0$0$0