Can I retire at age 35 with 816,000?

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 $816,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%20%
1 years$67,385$66,784$66,199$65,627$65,069$62,463
2 years$33,359$32,737$32,135$31,551$30,985$28,392
3 years$22,018$21,394$20,794$20,215$19,658$17,160
4 years$16,349$15,727$15,132$14,564$14,020$11,636
5 years$12,949$12,330$11,743$11,187$10,658$8,394
6 years$10,682$10,069$9,490$8,946$8,433$6,290
7 years$9,064$8,456$7,887$7,355$6,859$4,836
8 years$7,851$7,248$6,688$6,170$5,690$3,786
9 years$6,908$6,311$5,761$5,255$4,792$3,003
10 years$6,154$5,563$5,022$4,530$4,083$2,406
11 years$5,538$4,952$4,422$3,943$3,511$1,943
12 years$5,024$4,445$3,924$3,458$3,043$1,578
13 years$4,590$4,017$3,506$3,053$2,653$1,288
14 years$4,218$3,651$3,150$2,710$2,326$1,055
15 years$3,897$3,335$2,844$2,417$2,048$867
16 years$3,615$3,060$2,579$2,164$1,810$714
17 years$3,367$2,818$2,346$1,944$1,605$590
18 years$3,147$2,604$2,142$1,752$1,427$488
19 years$2,950$2,413$1,961$1,583$1,272$404
20 years$2,773$2,243$1,800$1,434$1,136$335
21 years$2,613$2,089$1,655$1,302$1,017$278
22 years$2,468$1,950$1,526$1,183$911$230
23 years$2,336$1,824$1,409$1,078$818$191
24 years$2,215$1,709$1,303$983$735$159
25 years$2,104$1,604$1,207$898$662$132
26 years$2,001$1,507$1,119$821$596$110
27 years$1,907$1,418$1,039$751$537$92
28 years$1,819$1,337$966$688$485$76
29 years$1,737$1,261$899$631$438$63
30 years$1,661$1,191$837$579$396$53
31 years$1,590$1,126$781$532$358$44
32 years$1,524$1,065$728$489$324$37
33 years$1,461$1,009$680$450$293$31
34 years$1,403$956$635$414$265$25
35 years$1,348$907$594$381$240$21
36 years$1,296$861$556$351$218$18
37 years$1,247$817$520$323$197$15
38 years$1,201$777$487$298$179$12
39 years$1,157$739$456$275$162$10
40 years$1,116$703$428$253$147$9
41 years$1,076$669$401$234$133$7
42 years$1,039$637$376$216$121$6
43 years$1,003$607$353$199$110$5
44 years$970$579$331$184$100$4
45 years$937$552$311$170$91$3
46 years$907$526$292$157$82$3
47 years$877$502$275$145$75$2
48 years$849$480$258$134$68$2
49 years$822$458$243$124$62$2
50 years$797$437$228$114$56$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $816,000, adding $2,481 every year, while hoping to spend $38,419 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: 53/42/5 Blend
34$816,000$816,000$816,000$816,000
35$901,791$858,543$845,895$948,473
36$952,896$859,734$833,355$981,514
37$1,007,927$859,696$819,107$1,013,000
38$1,067,242$858,328$803,054$1,046,312
39$1,131,237$855,522$785,093$1,081,630
40$1,200,347$851,166$765,117$1,119,150
41$1,275,048$845,139$743,014$1,159,094
42$1,355,865$837,313$718,667$1,201,704
43$1,443,374$827,553$691,954$1,247,253
44$1,538,209$815,714$662,745$1,296,039
45$1,641,067$801,645$630,908$1,348,397
46$1,752,715$785,184$596,302$1,404,695
47$1,873,995$766,161$558,781$1,465,344
48$2,005,834$744,395$518,192$1,530,797
49$2,149,253$719,694$474,375$1,601,557
50$2,305,373$691,855$427,163$1,678,183
51$2,475,430$660,665$376,382$1,761,292
52$2,660,782$625,895$321,849$1,851,569
53$2,862,925$587,308$263,374$1,949,771
54$3,083,505$544,647$200,759$2,056,739
55$3,324,334$497,647$133,796$2,173,401
56$3,587,406$446,022$62,268$2,300,787
57$3,874,917$389,473$0$2,440,036
58$4,189,285$327,683$0$2,593,157
59$4,533,171$260,318$0$2,764,390
60$4,909,505$187,025$0$2,951,965
61$5,321,515$107,429$0$3,157,603
62$5,772,754$21,138$0$3,383,204
63$6,267,136$0$0$3,630,872
64$6,808,969$0$0$3,936,328
65$7,403,001$0$0$4,282,002
66$8,054,459$0$0$4,661,176
67$8,769,101$0$0$5,077,212
68$9,553,269$0$0$5,533,812
69$10,413,947$0$0$6,035,055
70$11,358,832$0$0$6,585,434
71$12,396,399$0$0$7,189,898
72$13,535,985$0$0$7,853,899
73$14,787,876$0$0$8,583,442
74$16,163,404$0$0$9,385,146
75$17,675,051$0$0$10,266,298
76$19,336,570$0$0$11,234,929
77$21,163,111$0$0$12,299,887
78$23,171,368$0$0$13,470,920
79$25,379,730$0$0$14,758,765
80$27,808,458$0$0$16,175,256
81$30,479,877$0$0$17,733,428
82$33,418,581$0$0$19,447,646
83$36,651,671$0$0$21,333,733
84$40,209,004$0$0$23,409,129
85$44,123,479$0$0$25,693,044
86$48,431,345$0$0$28,206,648
87$53,172,543$0$0$30,973,267
88$58,391,081$0$0$34,018,601
89$64,135,450$0$0$37,370,971
90$70,459,082$0$0$41,061,580
91$77,420,851$0$0$45,124,812
92$85,085,632$0$0$49,598,555
93$93,524,908$0$0$54,524,557
94$102,817,446$0$0$59,948,820
95$113,050,044$0$0$65,922,034
96$124,318,340$0$0$72,500,057
97$136,727,724$0$0$79,744,439
98$150,394,327$0$0$87,723,003
99$165,446,114$0$0$96,510,486
100$182,024,098$0$0$106,189,245