Can I retire at age 35 with 794,000?

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 $794,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.9%
1 years$65,568$64,984$64,414$63,858$63,315$60,803
2 years$32,459$31,855$31,269$30,701$30,150$27,650
3 years$21,425$20,817$20,233$19,670$19,128$16,720
4 years$15,908$15,303$14,724$14,171$13,642$11,343
5 years$12,599$11,998$11,427$10,885$10,371$8,187
6 years$10,394$9,797$9,235$8,705$8,206$6,139
7 years$8,820$8,228$7,674$7,157$6,674$4,722
8 years$7,639$7,053$6,508$6,004$5,536$3,699
9 years$6,722$6,141$5,605$5,114$4,663$2,936
10 years$5,988$5,413$4,887$4,408$3,973$2,354
11 years$5,388$4,818$4,302$3,836$3,417$1,902
12 years$4,889$4,325$3,818$3,365$2,961$1,546
13 years$4,466$3,908$3,411$2,971$2,582$1,262
14 years$4,105$3,553$3,065$2,637$2,263$1,035
15 years$3,791$3,245$2,767$2,352$1,993$851
16 years$3,518$2,978$2,509$2,106$1,761$702
17 years$3,276$2,742$2,283$1,892$1,562$580
18 years$3,062$2,534$2,084$1,705$1,389$480
19 years$2,871$2,348$1,908$1,541$1,238$397
20 years$2,699$2,182$1,751$1,395$1,105$330
21 years$2,543$2,033$1,611$1,266$989$274
22 years$2,402$1,897$1,484$1,151$887$227
23 years$2,273$1,775$1,371$1,049$796$189
24 years$2,155$1,663$1,268$956$715$157
25 years$2,047$1,560$1,174$873$644$131
26 years$1,947$1,467$1,089$799$580$109
27 years$1,855$1,380$1,011$731$523$91
28 years$1,770$1,301$940$670$472$76
29 years$1,690$1,227$875$614$426$63
30 years$1,616$1,159$815$564$385$52
31 years$1,547$1,095$760$518$348$44
32 years$1,483$1,036$709$476$315$36
33 years$1,422$981$662$438$285$30
34 years$1,365$930$618$403$258$25
35 years$1,312$882$578$371$234$21
36 years$1,261$837$541$341$212$18
37 years$1,213$795$506$314$192$15
38 years$1,168$756$474$290$174$12
39 years$1,126$719$444$267$158$10
40 years$1,086$684$416$247$143$9
41 years$1,047$651$390$227$130$7
42 years$1,011$620$366$210$118$6
43 years$976$591$344$194$107$5
44 years$943$563$322$179$97$4
45 years$912$537$303$165$88$3
46 years$882$512$284$153$80$3
47 years$854$489$267$141$73$2
48 years$826$467$251$130$66$2
49 years$800$446$236$120$60$2
50 years$775$426$222$111$54$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $794,000, adding $2,356 every year, while hoping to spend $58,043 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: 48/36/16 Blend
34$794,000$794,000$794,000$794,000
35$877,418$835,336$823,029$915,497
36$905,158$814,510$788,843$921,271
37$933,781$790,719$751,567$921,403
38$963,317$763,755$711,035$920,286
39$993,797$733,400$667,076$917,825
40$1,025,250$699,422$619,509$913,919
41$1,057,709$661,577$568,146$908,462
42$1,091,207$619,606$512,790$901,341
43$1,125,779$573,236$453,238$892,437
44$1,161,460$522,176$389,273$881,626
45$1,198,287$466,121$320,672$868,773
46$1,236,299$404,747$247,201$853,739
47$1,275,535$337,714$168,616$836,375
48$1,316,038$264,660$84,662$816,525
49$1,357,849$185,203$0$794,024
50$1,401,013$98,942$0$769,540
51$1,445,577$5,451$0$757,526
52$1,491,589$0$0$743,370
53$1,539,099$0$0$764,836
54$1,588,159$0$0$789,234
55$1,638,823$0$0$814,432
56$1,691,149$0$0$840,458
57$1,745,194$0$0$867,342
58$1,801,021$0$0$895,115
59$1,858,693$0$0$923,808
60$1,918,277$0$0$953,456
61$1,979,845$0$0$984,094
62$2,043,468$0$0$1,015,758
63$2,109,223$0$0$1,048,488
64$2,177,192$0$0$1,082,323
65$2,247,457$0$0$1,117,307
66$2,320,107$0$0$1,153,483
67$2,395,235$0$0$1,190,899
68$2,472,937$0$0$1,229,605
69$2,553,318$0$0$1,269,650
70$2,636,483$0$0$1,311,092
71$2,722,548$0$0$1,353,986
72$2,811,631$0$0$1,398,394
73$2,903,859$0$0$1,444,380
74$2,999,365$0$0$1,492,013
75$3,098,292$0$0$1,541,363
76$3,200,788$0$0$1,592,508
77$3,307,013$0$0$1,645,529
78$3,417,135$0$0$1,700,510
79$3,531,333$0$0$1,757,545
80$3,649,796$0$0$1,816,731
81$3,772,729$0$0$1,878,170
82$3,900,346$0$0$1,941,975
83$4,032,878$0$0$2,008,263
84$4,170,572$0$0$2,077,161
85$4,313,689$0$0$2,148,804
86$4,462,514$0$0$2,223,337
87$4,617,346$0$0$2,300,917
88$4,778,510$0$0$2,381,710
89$4,946,354$0$0$2,465,896
90$5,121,252$0$0$2,553,669
91$5,303,607$0$0$2,645,236
92$5,493,851$0$0$2,740,822
93$5,692,452$0$0$2,840,670
94$5,899,914$0$0$2,945,042
95$6,116,783$0$0$3,054,220
96$6,343,648$0$0$3,168,511
97$6,581,146$0$0$3,288,246
98$6,829,967$0$0$3,413,786
99$7,090,861$0$0$3,545,520
100$7,364,640$0$0$3,683,873