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%13.7%
1 years$65,816$65,229$64,657$64,099$63,554$62,578
2 years$32,582$31,975$31,387$30,817$30,264$29,283
3 years$21,506$20,896$20,309$19,745$19,201$18,246
4 years$15,968$15,361$14,780$14,225$13,694$12,772
5 years$12,647$12,043$11,470$10,926$10,410$9,524
6 years$10,433$9,834$9,269$8,738$8,237$7,387
7 years$8,853$8,259$7,703$7,184$6,699$5,886
8 years$7,668$7,079$6,533$6,026$5,557$4,781
9 years$6,747$6,164$5,627$5,133$4,680$3,940
10 years$6,011$5,433$4,905$4,425$3,988$3,284
11 years$5,409$4,837$4,319$3,851$3,430$2,761
12 years$4,907$4,341$3,833$3,378$2,972$2,337
13 years$4,483$3,923$3,424$2,982$2,592$1,990
14 years$4,120$3,566$3,077$2,647$2,272$1,703
15 years$3,806$3,258$2,778$2,361$2,000$1,463
16 years$3,531$2,989$2,519$2,114$1,768$1,261
17 years$3,289$2,753$2,292$1,899$1,568$1,089
18 years$3,074$2,544$2,092$1,712$1,394$944
19 years$2,882$2,357$1,915$1,547$1,242$819
20 years$2,709$2,191$1,758$1,401$1,110$712
21 years$2,553$2,040$1,617$1,271$993$620
22 years$2,411$1,905$1,490$1,156$890$541
23 years$2,282$1,781$1,376$1,053$799$472
24 years$2,163$1,669$1,272$960$718$412
25 years$2,055$1,566$1,178$877$646$361
26 years$1,955$1,472$1,093$802$582$316
27 years$1,862$1,385$1,015$734$525$276
28 years$1,776$1,305$944$672$474$242
29 years$1,697$1,232$878$617$428$212
30 years$1,622$1,163$818$566$386$186
31 years$1,553$1,099$762$520$349$163
32 years$1,488$1,040$711$478$316$143
33 years$1,427$985$664$439$286$126
34 years$1,370$934$621$404$259$110
35 years$1,316$886$580$372$234$97
36 years$1,266$841$543$343$212$85
37 years$1,218$798$508$316$193$75
38 years$1,173$759$476$291$175$66
39 years$1,130$721$446$268$158$58
40 years$1,090$686$418$247$144$51
41 years$1,051$653$392$228$130$45
42 years$1,015$622$367$211$118$39
43 years$980$593$345$194$107$34
44 years$947$565$324$180$97$30
45 years$915$539$304$166$88$27
46 years$885$514$285$153$80$23
47 years$857$491$268$142$73$21
48 years$829$468$252$131$66$18
49 years$803$447$237$121$60$16
50 years$778$427$223$112$55$14

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $797,000, adding $4,951 every year, while hoping to spend $20,124 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: 38/39/23 Blend
34$797,000$797,000$797,000$797,000
35$883,401$841,160$828,806$910,736
36$952,096$860,965$835,160$950,855
37$1,027,124$881,066$841,051$991,942
38$1,109,108$901,456$846,445$1,035,943
39$1,198,738$922,128$851,301$1,083,135
40$1,296,769$943,073$855,580$1,133,821
41$1,404,036$964,280$859,238$1,188,335
42$1,521,457$985,738$862,232$1,247,049
43$1,650,042$1,007,436$864,513$1,310,367
44$1,790,905$1,029,359$866,033$1,378,740
45$1,945,271$1,051,492$866,739$1,452,662
46$2,114,492$1,073,818$866,577$1,532,678
47$2,300,053$1,096,317$865,490$1,619,391
48$2,503,592$1,118,971$863,418$1,713,462
49$2,726,914$1,141,756$860,299$1,815,625
50$2,972,005$1,164,648$856,065$1,926,685
51$3,241,055$1,187,621$850,648$2,047,531
52$3,536,473$1,210,646$843,975$2,179,144
53$3,860,917$1,233,690$835,972$2,322,606
54$4,217,311$1,256,722$826,557$2,479,109
55$4,608,878$1,279,703$815,649$2,649,968
56$5,039,170$1,302,594$803,159$2,836,633
57$5,512,097$1,325,353$788,996$3,040,702
58$6,031,969$1,347,933$773,066$3,263,939
59$6,603,533$1,370,285$755,267$3,508,289
60$7,232,021$1,392,357$735,496$3,775,895
61$7,923,194$1,414,089$713,642$4,069,120
62$8,683,403$1,435,423$689,592$4,390,572
63$9,519,642$1,456,291$663,226$4,743,124
64$10,439,620$1,476,623$634,418$5,129,947
65$11,451,828$1,496,344$603,038$5,554,533
66$12,565,623$1,515,374$568,948$6,020,737
67$13,791,315$1,533,626$532,006$6,532,806
68$15,140,264$1,551,008$492,063$7,095,424
69$16,624,985$1,567,422$448,962$7,713,755
70$18,259,272$1,582,764$402,540$8,393,494
71$20,058,320$1,596,921$352,627$9,140,917
72$22,038,873$1,609,775$299,045$9,962,947
73$24,219,383$1,621,199$241,608$10,867,213
74$26,620,180$1,631,058$180,122$11,862,128
75$29,263,667$1,639,209$114,385$12,956,966
76$32,174,529$1,645,497$44,184$14,161,953
77$35,379,966$1,649,762$0$15,488,359
78$38,909,953$1,651,831$0$16,956,154
79$42,797,517$1,651,519$0$18,583,555
80$47,079,053$1,648,633$0$20,374,870
81$51,794,666$1,642,965$0$22,346,807
82$56,988,548$1,634,297$0$24,517,782
83$62,709,397$1,622,395$0$26,908,092
84$69,010,875$1,607,012$0$29,540,107
85$75,952,115$1,587,886$0$32,438,482
86$83,598,279$1,564,741$0$35,630,390
87$92,021,172$1,537,281$0$39,145,779
88$101,299,919$1,505,196$0$43,017,656
89$111,521,716$1,468,155$0$47,282,399
90$122,782,645$1,425,809$0$51,980,101
91$135,188,589$1,377,788$0$57,154,949
92$148,856,227$1,323,701$0$62,855,642
93$163,914,132$1,263,133$0$69,135,852
94$180,503,994$1,195,646$0$76,054,733
95$198,781,945$1,120,777$0$83,677,477
96$218,920,044$1,038,035$0$92,075,933
97$241,107,892$946,903$0$101,329,287
98$265,554,429$846,833$0$111,524,809
99$292,489,898$737,245$0$122,758,678
100$322,168,026$617,528$0$135,136,894