Can I retire at age 35 with 791,000?

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 $791,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.1%
1 years$65,320$64,738$64,171$63,616$63,075$61,501
2 years$32,337$31,734$31,151$30,585$30,036$28,459
3 years$21,344$20,739$20,157$19,596$19,056$17,527
4 years$15,848$15,245$14,669$14,118$13,591$12,121
5 years$12,552$11,952$11,384$10,844$10,332$8,925
6 years$10,355$9,760$9,200$8,672$8,175$6,833
7 years$8,786$8,196$7,645$7,130$6,648$5,372
8 years$7,610$7,026$6,484$5,981$5,516$4,303
9 years$6,696$6,117$5,584$5,094$4,645$3,496
10 years$5,965$5,392$4,868$4,391$3,958$2,870
11 years$5,368$4,800$4,286$3,822$3,404$2,377
12 years$4,870$4,308$3,804$3,352$2,950$1,981
13 years$4,449$3,894$3,398$2,960$2,572$1,660
14 years$4,089$3,539$3,054$2,627$2,255$1,398
15 years$3,777$3,233$2,757$2,343$1,985$1,181
16 years$3,504$2,966$2,500$2,098$1,755$1,000
17 years$3,264$2,732$2,275$1,885$1,556$850
18 years$3,051$2,524$2,076$1,699$1,383$723
19 years$2,860$2,340$1,901$1,535$1,233$617
20 years$2,688$2,174$1,744$1,390$1,101$527
21 years$2,533$2,025$1,605$1,262$986$450
22 years$2,393$1,890$1,479$1,147$883$385
23 years$2,265$1,768$1,365$1,045$793$330
24 years$2,147$1,656$1,263$953$713$283
25 years$2,039$1,554$1,170$870$641$243
26 years$1,940$1,461$1,085$796$578$209
27 years$1,848$1,375$1,007$728$521$179
28 years$1,763$1,296$936$667$470$154
29 years$1,684$1,222$871$612$424$132
30 years$1,610$1,154$812$562$383$114
31 years$1,541$1,091$757$516$347$98
32 years$1,477$1,032$706$474$314$84
33 years$1,417$978$659$436$284$72
34 years$1,360$927$616$401$257$62
35 years$1,307$879$576$369$233$54
36 years$1,256$834$539$340$211$46
37 years$1,209$792$504$313$191$40
38 years$1,164$753$472$289$173$34
39 years$1,122$716$442$266$157$29
40 years$1,081$681$415$246$143$25
41 years$1,043$649$389$227$129$22
42 years$1,007$618$365$209$117$19
43 years$973$588$342$193$106$16
44 years$940$561$321$178$97$14
45 years$909$535$302$165$88$12
46 years$879$510$283$152$80$10
47 years$850$487$266$140$72$9
48 years$823$465$250$130$66$8
49 years$797$444$235$120$60$7
50 years$772$424$221$111$54$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $791,000, adding $2,524 every year, while hoping to spend $40,208 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: 56/28/16 Blend
34$791,000$791,000$791,000$791,000
35$874,286$832,363$820,102$919,434
36$920,682$830,367$804,794$948,407
37$970,463$826,927$787,626$975,381
38$1,023,931$821,927$768,493$1,003,851
39$1,081,420$815,249$747,285$1,033,970
40$1,143,293$806,765$723,888$1,065,905
41$1,209,952$796,339$698,181$1,099,844
42$1,281,836$783,829$670,039$1,135,997
43$1,359,429$769,083$639,332$1,174,596
44$1,443,263$751,940$605,921$1,215,899
45$1,533,920$732,230$569,664$1,260,192
46$1,632,043$709,772$530,411$1,307,795
47$1,738,337$684,376$488,005$1,359,059
48$1,853,577$655,841$442,283$1,414,379
49$1,978,617$623,952$393,075$1,474,189
50$2,114,394$588,483$340,201$1,538,972
51$2,261,940$549,197$283,475$1,609,265
52$2,422,390$505,839$222,703$1,685,661
53$2,596,992$458,144$157,682$1,768,819
54$2,787,120$405,828$88,200$1,859,469
55$2,994,287$348,594$14,035$1,958,420
56$3,220,155$286,125$0$2,066,568
57$3,466,555$218,091$0$2,196,022
58$3,735,504$144,137$0$2,340,044
59$4,029,220$63,894$0$2,497,495
60$4,350,145$0$0$2,669,767
61$4,700,967$0$0$2,865,494
62$5,084,646$0$0$3,101,150
63$5,504,443$0$0$3,359,059
64$5,963,946$0$0$3,641,435
65$6,467,106$0$0$3,950,716
66$7,018,276$0$0$4,289,586
67$7,622,249$0$0$4,661,001
68$8,284,302$0$0$5,068,218
69$9,010,250$0$0$5,514,823
70$9,806,493$0$0$6,004,765
71$10,680,086$0$0$6,542,395
72$11,638,794$0$0$7,132,505
73$12,691,175$0$0$7,780,375
74$13,846,653$0$0$8,491,818
75$15,115,612$0$0$9,273,241
76$16,509,486$0$0$10,131,699
77$18,040,877$0$0$11,074,967
78$19,723,663$0$0$12,111,608
79$21,573,135$0$0$13,251,056
80$23,606,141$0$0$14,503,706
81$25,841,237$0$0$15,881,010
82$28,298,873$0$0$17,395,583
83$31,001,576$0$0$19,061,326
84$33,974,164$0$0$20,893,553
85$37,243,986$0$0$22,909,139
86$40,841,169$0$0$25,126,674
87$44,798,912$0$0$27,566,644
88$49,153,790$0$0$30,251,617
89$53,946,106$0$0$33,206,462
90$59,220,265$0$0$36,458,581
91$65,025,195$0$0$40,038,166
92$71,414,809$0$0$43,978,484
93$78,448,510$0$0$48,316,191
94$86,191,754$0$0$53,091,680
95$94,716,667$0$0$58,349,456
96$104,102,721$0$0$64,138,562
97$114,437,489$0$0$70,513,037
98$125,817,467$0$0$77,532,426
99$138,348,983$0$0$85,262,347
100$152,149,206$0$0$93,775,099