Can I retire at age 35 with 798,000?

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 $798,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.2%
1 years$65,898$65,311$64,738$64,179$63,634$62,272
2 years$32,623$32,015$31,426$30,856$30,302$28,937
3 years$21,533$20,922$20,335$19,769$19,225$17,899
4 years$15,988$15,380$14,799$14,243$13,711$12,435
5 years$12,663$12,058$11,484$10,940$10,423$9,199
6 years$10,447$9,846$9,281$8,749$8,247$7,078
7 years$8,864$8,269$7,713$7,193$6,707$5,592
8 years$7,678$7,088$6,541$6,034$5,564$4,503
9 years$6,756$6,171$5,634$5,139$4,686$3,678
10 years$6,018$5,440$4,912$4,430$3,993$3,037
11 years$5,415$4,843$4,324$3,856$3,434$2,529
12 years$4,913$4,347$3,838$3,382$2,976$2,121
13 years$4,489$3,928$3,429$2,986$2,595$1,788
14 years$4,125$3,570$3,081$2,650$2,275$1,514
15 years$3,811$3,262$2,781$2,364$2,003$1,287
16 years$3,535$2,993$2,522$2,116$1,770$1,098
17 years$3,293$2,756$2,295$1,902$1,569$939
18 years$3,078$2,547$2,095$1,714$1,395$804
19 years$2,885$2,360$1,918$1,548$1,244$690
20 years$2,712$2,193$1,760$1,402$1,111$594
21 years$2,556$2,043$1,619$1,273$994$511
22 years$2,414$1,907$1,492$1,157$891$440
23 years$2,285$1,784$1,378$1,054$800$380
24 years$2,166$1,671$1,274$961$719$328
25 years$2,057$1,568$1,180$878$647$284
26 years$1,957$1,474$1,094$803$583$245
27 years$1,864$1,387$1,016$735$525$212
28 years$1,779$1,307$945$673$474$184
29 years$1,699$1,233$879$617$428$159
30 years$1,624$1,165$819$567$387$138
31 years$1,555$1,101$763$520$350$119
32 years$1,490$1,042$712$478$316$103
33 years$1,429$986$665$440$286$90
34 years$1,372$935$621$405$259$78
35 years$1,318$887$581$372$235$67
36 years$1,267$842$543$343$213$58
37 years$1,220$799$509$316$193$51
38 years$1,174$760$476$291$175$44
39 years$1,132$722$446$269$159$38
40 years$1,091$687$418$248$144$33
41 years$1,053$654$392$229$130$29
42 years$1,016$623$368$211$118$25
43 years$981$594$345$195$107$22
44 years$948$566$324$180$98$19
45 years$917$540$304$166$89$16
46 years$887$515$286$153$80$14
47 years$858$491$269$142$73$12
48 years$830$469$252$131$66$11
49 years$804$448$237$121$60$9
50 years$779$428$223$112$55$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $798,000, adding $6,573 every year, while hoping to spend $25,472 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: 51/31/18 Blend
34$798,000$798,000$798,000$798,000
35$886,176$843,882$831,513$926,660
36$949,464$858,130$832,267$969,485
37$1,018,354$872,223$832,192$1,012,833
38$1,093,389$886,126$831,234$1,059,412
39$1,175,170$899,801$829,336$1,109,535
40$1,264,356$913,210$826,437$1,163,549
41$1,361,672$926,309$822,474$1,221,836
42$1,467,918$939,053$817,382$1,284,818
43$1,583,972$951,393$811,091$1,352,961
44$1,710,803$963,277$803,529$1,426,778
45$1,849,477$974,650$794,619$1,506,836
46$2,001,167$985,451$784,282$1,593,761
47$2,167,165$995,617$772,434$1,688,243
48$2,348,894$1,005,081$758,989$1,791,042
49$2,547,921$1,013,769$743,855$1,903,000
50$2,765,971$1,021,606$726,936$2,025,043
51$3,004,944$1,028,509$708,133$2,158,194
52$3,266,933$1,034,390$687,340$2,303,581
53$3,554,243$1,039,158$664,448$2,462,450
54$3,869,412$1,042,713$639,343$2,636,173
55$4,215,236$1,044,950$611,905$2,826,265
56$4,594,795$1,045,758$582,009$3,034,399
57$5,011,482$1,045,017$549,524$3,262,418
58$5,469,033$1,042,603$514,314$3,512,355
59$5,971,566$1,038,382$476,234$3,786,456
60$6,523,615$1,032,212$435,137$4,087,194
61$7,130,176$1,023,942$390,866$4,417,300
62$7,796,752$1,013,414$343,258$4,779,785
63$8,529,406$1,000,457$292,144$5,177,969
64$9,334,820$984,893$237,344$5,615,516
65$10,220,351$966,532$178,675$6,096,466
66$11,194,107$945,173$115,941$6,625,274
67$12,265,022$920,603$48,941$7,206,855
68$13,442,938$892,595$0$7,846,626
69$14,738,697$860,913$0$8,554,896
70$16,164,249$825,302$0$9,344,236
71$17,732,756$785,495$0$10,212,548
72$19,458,723$741,211$0$11,167,890
73$21,358,131$692,149$0$12,219,147
74$23,448,590$637,993$0$13,376,112
75$25,749,501$578,409$0$14,649,581
76$28,282,243$513,045$0$16,051,454
77$31,070,373$441,526$0$17,594,849
78$34,139,848$363,457$0$19,294,225
79$37,519,269$278,423$0$21,165,520
80$41,240,151$185,982$0$23,226,304
81$45,337,221$85,670$0$25,495,942
82$49,848,746$0$0$27,995,780
83$54,816,890$0$0$30,757,196
84$60,288,118$0$0$33,830,529
85$66,313,628$0$0$37,215,329
86$72,949,838$0$0$40,943,303
87$80,258,917$0$0$45,049,388
88$88,309,369$0$0$49,572,085
89$97,176,685$0$0$54,553,819
90$106,944,050$0$0$60,041,338
91$117,703,129$0$0$66,086,160
92$129,554,934$0$0$72,745,053
93$142,610,775$0$0$80,080,573
94$156,993,311$0$0$88,161,655
95$172,837,706$0$0$97,064,263
96$190,292,909$0$0$106,872,106
97$209,523,055$0$0$117,677,428
98$230,709,013$0$0$129,581,881
99$254,050,099$0$0$142,697,480
100$279,765,952$0$0$157,147,666