Can I retire at age 35 with 789,000?

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 $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%19.1%
1 years$65,155$64,575$64,008$63,456$62,916$60,611
2 years$32,255$31,654$31,072$30,508$29,960$27,664
3 years$21,290$20,686$20,106$19,546$19,008$16,792
4 years$15,808$15,207$14,632$14,082$13,557$11,438
5 years$12,520$11,922$11,355$10,816$10,305$8,290
6 years$10,329$9,735$9,176$8,650$8,154$6,244
7 years$8,764$8,176$7,626$7,112$6,632$4,825
8 years$7,591$7,008$6,467$5,966$5,502$3,798
9 years$6,679$6,102$5,570$5,082$4,633$3,029
10 years$5,950$5,378$4,856$4,380$3,948$2,441
11 years$5,354$4,788$4,275$3,812$3,395$1,982
12 years$4,858$4,298$3,794$3,344$2,942$1,620
13 years$4,438$3,884$3,390$2,952$2,566$1,330
14 years$4,079$3,530$3,046$2,621$2,249$1,097
15 years$3,768$3,225$2,750$2,337$1,980$907
16 years$3,496$2,959$2,493$2,093$1,750$752
17 years$3,256$2,725$2,269$1,880$1,552$625
18 years$3,043$2,518$2,071$1,694$1,380$520
19 years$2,853$2,334$1,896$1,531$1,230$434
20 years$2,682$2,169$1,740$1,387$1,098$362
21 years$2,527$2,020$1,600$1,258$983$302
22 years$2,387$1,885$1,475$1,144$881$253
23 years$2,259$1,763$1,362$1,042$791$212
24 years$2,142$1,652$1,260$950$711$177
25 years$2,034$1,551$1,167$868$640$148
26 years$1,935$1,457$1,082$794$576$124
27 years$1,843$1,371$1,005$726$520$104
28 years$1,759$1,292$934$666$469$87
29 years$1,680$1,219$869$610$423$73
30 years$1,606$1,151$810$560$382$61
31 years$1,537$1,088$755$514$346$52
32 years$1,473$1,030$704$473$313$43
33 years$1,413$975$658$435$283$36
34 years$1,356$924$614$400$256$30
35 years$1,303$877$574$368$232$26
36 years$1,253$832$537$339$210$21
37 years$1,206$790$503$312$191$18
38 years$1,161$751$471$288$173$15
39 years$1,119$714$441$266$157$13
40 years$1,079$680$414$245$142$11
41 years$1,041$647$388$226$129$9
42 years$1,005$616$364$209$117$8
43 years$970$587$341$193$106$6
44 years$937$560$320$178$96$5
45 years$906$534$301$164$88$4
46 years$877$509$283$152$79$4
47 years$848$486$265$140$72$3
48 years$821$464$249$129$66$3
49 years$795$443$234$120$60$2
50 years$770$423$220$111$54$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $789,000, adding $2,030 every year, while hoping to spend $58,551 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: 67/15/18 Blend
34$789,000$789,000$789,000$789,000
35$871,572$829,755$817,525$925,992
36$898,174$808,115$782,615$940,996
37$925,528$783,453$744,572$950,395
38$953,648$755,557$703,231$959,242
39$982,547$724,207$658,417$967,481
40$1,012,241$689,167$609,948$975,050
41$1,042,742$650,189$557,633$981,887
42$1,074,062$607,009$501,275$987,920
43$1,106,214$559,350$440,665$993,078
44$1,139,207$506,917$375,586$997,280
45$1,173,050$449,399$305,812$1,000,443
46$1,207,750$386,470$231,106$1,002,476
47$1,243,314$317,780$151,222$1,003,284
48$1,279,746$242,965$65,901$1,002,764
49$1,317,046$161,637$0$1,000,807
50$1,355,215$73,386$0$1,002,125
51$1,394,247$0$0$1,015,585
52$1,434,135$0$0$1,032,105
53$1,474,869$0$0$1,061,337
54$1,516,433$0$0$1,091,155
55$1,558,807$0$0$1,121,544
56$1,601,965$0$0$1,152,485
57$1,645,877$0$0$1,183,952
58$1,690,504$0$0$1,215,917
59$1,735,801$0$0$1,248,345
60$1,781,713$0$0$1,281,196
61$1,828,177$0$0$1,314,421
62$1,875,119$0$0$1,347,965
63$1,922,454$0$0$1,381,765
64$1,970,084$0$0$1,415,745
65$2,017,895$0$0$1,449,823
66$2,065,760$0$0$1,483,901
67$2,113,530$0$0$1,517,870
68$2,161,041$0$0$1,551,606
69$2,208,104$0$0$1,584,969
70$2,254,506$0$0$1,617,801
71$2,300,009$0$0$1,649,923
72$2,344,342$0$0$1,681,136
73$2,387,203$0$0$1,711,214
74$2,428,255$0$0$1,739,906
75$2,467,116$0$0$1,766,931
76$2,503,364$0$0$1,791,973
77$2,536,524$0$0$1,814,681
78$2,566,067$0$0$1,834,662
79$2,591,405$0$0$1,851,481
80$2,611,880$0$0$1,864,651
81$2,626,763$0$0$1,873,629
82$2,635,241$0$0$1,877,815
83$2,636,410$0$0$1,876,540
84$2,629,269$0$0$1,869,062
85$2,612,703$0$0$1,854,556
86$2,585,479$0$0$1,832,107
87$2,546,225$0$0$1,800,704
88$2,493,423$0$0$1,759,221
89$2,425,392$0$0$1,706,415
90$2,340,266$0$0$1,640,906
91$2,235,984$0$0$1,561,170
92$2,110,261$0$0$1,465,517
93$1,960,570$0$0$1,352,078
94$1,784,115$0$0$1,218,786
95$1,577,803$0$0$1,063,355
96$1,338,217$0$0$883,258
97$1,061,576$0$0$675,702
98$743,704$0$0$437,600
99$379,986$0$0$165,539
100$0$0$0$0