Can I retire at age 35 with 797,000?

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 $797,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.7%
1 years$65,816$65,229$64,657$64,099$63,554$61,817
2 years$32,582$31,975$31,387$30,817$30,264$28,527
3 years$21,506$20,896$20,309$19,745$19,201$17,517
4 years$15,968$15,361$14,780$14,225$13,694$12,078
5 years$12,647$12,043$11,470$10,926$10,410$8,865
6 years$10,433$9,834$9,269$8,738$8,237$6,765
7 years$8,853$8,259$7,703$7,184$6,699$5,300
8 years$7,668$7,079$6,533$6,026$5,557$4,231
9 years$6,747$6,164$5,627$5,133$4,680$3,425
10 years$6,011$5,433$4,905$4,425$3,988$2,801
11 years$5,409$4,837$4,319$3,851$3,430$2,311
12 years$4,907$4,341$3,833$3,378$2,972$1,919
13 years$4,483$3,923$3,424$2,982$2,592$1,602
14 years$4,120$3,566$3,077$2,647$2,272$1,343
15 years$3,806$3,258$2,778$2,361$2,000$1,129
16 years$3,531$2,989$2,519$2,114$1,768$953
17 years$3,289$2,753$2,292$1,899$1,568$806
18 years$3,074$2,544$2,092$1,712$1,394$683
19 years$2,882$2,357$1,915$1,547$1,242$580
20 years$2,709$2,191$1,758$1,401$1,110$493
21 years$2,553$2,040$1,617$1,271$993$419
22 years$2,411$1,905$1,490$1,156$890$357
23 years$2,282$1,781$1,376$1,053$799$305
24 years$2,163$1,669$1,272$960$718$260
25 years$2,055$1,566$1,178$877$646$222
26 years$1,955$1,472$1,093$802$582$190
27 years$1,862$1,385$1,015$734$525$162
28 years$1,776$1,305$944$672$474$139
29 years$1,697$1,232$878$617$428$119
30 years$1,622$1,163$818$566$386$101
31 years$1,553$1,099$762$520$349$87
32 years$1,488$1,040$711$478$316$74
33 years$1,427$985$664$439$286$64
34 years$1,370$934$621$404$259$54
35 years$1,316$886$580$372$234$47
36 years$1,266$841$543$343$212$40
37 years$1,218$798$508$316$193$34
38 years$1,173$759$476$291$175$29
39 years$1,130$721$446$268$158$25
40 years$1,090$686$418$247$144$21
41 years$1,051$653$392$228$130$18
42 years$1,015$622$367$211$118$16
43 years$980$593$345$194$107$14
44 years$947$565$324$180$97$12
45 years$915$539$304$166$88$10
46 years$885$514$285$153$80$8
47 years$857$491$268$142$73$7
48 years$829$468$252$131$66$6
49 years$803$447$237$121$60$5
50 years$778$427$223$112$55$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $797,000, adding $5,864 every year, while hoping to spend $27,865 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: 43/48/9 Blend
34$797,000$797,000$797,000$797,000
35$884,343$842,102$829,748$919,823
36$944,898$853,717$827,897$956,706
37$1,010,695$864,967$825,049$993,351
38$1,082,241$875,805$821,143$1,032,415
39$1,160,090$886,180$816,112$1,074,131
40$1,244,855$896,039$809,888$1,118,755
41$1,337,209$905,323$802,398$1,166,570
42$1,437,892$913,972$793,566$1,217,890
43$1,547,721$921,920$783,314$1,273,061
44$1,667,591$929,097$771,558$1,332,465
45$1,798,491$935,429$758,211$1,396,524
46$1,941,509$940,836$743,182$1,465,706
47$2,097,840$945,235$726,376$1,540,527
48$2,268,804$948,535$707,694$1,621,556
49$2,455,851$950,643$687,031$1,709,425
50$2,660,580$951,456$664,278$1,804,829
51$2,884,748$950,867$639,321$1,908,537
52$3,130,295$948,762$612,041$2,021,399
53$3,399,354$945,020$582,313$2,144,354
54$3,694,275$939,512$550,007$2,278,439
55$4,017,645$932,103$514,987$2,424,797
56$4,372,316$922,646$477,109$2,584,696
57$4,761,426$910,990$436,227$2,759,530
58$5,188,434$896,972$392,183$2,950,843
59$5,657,150$880,419$344,817$3,160,338
60$6,171,768$861,148$293,957$3,389,895
61$6,736,912$838,968$239,428$3,641,593
62$7,357,673$813,673$181,045$3,917,722
63$8,039,659$785,047$118,613$4,220,814
64$8,789,050$752,860$51,933$4,553,664
65$9,612,654$716,871$0$4,919,355
66$10,517,970$676,822$0$5,323,138
67$11,513,259$632,443$0$5,772,367
68$12,607,626$583,447$0$6,266,218
69$13,811,098$529,531$0$6,809,290
70$15,134,726$470,373$0$7,406,659
71$16,590,683$405,637$0$8,063,922
72$18,192,383$334,963$0$8,787,255
73$19,954,603$257,973$0$9,583,470
74$21,893,628$174,269$0$10,460,083
75$24,027,398$83,429$0$11,425,383
76$26,375,683$0$0$12,488,513
77$28,960,263$0$0$13,667,477
78$31,805,140$0$0$15,013,797
79$34,936,758$0$0$16,495,939
80$38,384,258$0$0$18,127,706
81$42,179,747$0$0$19,924,313
82$46,358,606$0$0$21,902,523
83$50,959,818$0$0$24,080,807
84$56,026,342$0$0$26,479,519
85$61,605,513$0$0$29,121,088
86$67,749,491$0$0$32,030,227
87$74,515,751$0$0$35,234,171
88$81,967,628$0$0$38,762,928
89$90,174,911$0$0$42,649,566
90$99,214,505$0$0$46,930,525
91$109,171,153$0$0$51,645,960
92$120,138,237$0$0$56,840,117
93$132,218,659$0$0$62,561,755
94$145,525,814$0$0$68,864,605
95$160,184,655$0$0$75,807,875
96$176,332,878$0$0$83,456,809
97$194,122,214$0$0$91,883,305
98$213,719,870$0$0$101,166,591
99$235,310,098$0$0$111,393,975
100$259,095,939$0$0$122,661,667