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%14.9%
1 years$67,385$66,784$66,199$65,627$65,069$63,755
2 years$33,359$32,737$32,135$31,551$30,985$29,667
3 years$22,018$21,394$20,794$20,215$19,658$18,377
4 years$16,349$15,727$15,132$14,564$14,020$12,787
5 years$12,949$12,330$11,743$11,187$10,658$9,475
6 years$10,682$10,069$9,490$8,946$8,433$7,302
7 years$9,064$8,456$7,887$7,355$6,859$5,779
8 years$7,851$7,248$6,688$6,170$5,690$4,662
9 years$6,908$6,311$5,761$5,255$4,792$3,814
10 years$6,154$5,563$5,022$4,530$4,083$3,155
11 years$5,538$4,952$4,422$3,943$3,511$2,633
12 years$5,024$4,445$3,924$3,458$3,043$2,212
13 years$4,590$4,017$3,506$3,053$2,653$1,869
14 years$4,218$3,651$3,150$2,710$2,326$1,586
15 years$3,897$3,335$2,844$2,417$2,048$1,351
16 years$3,615$3,060$2,579$2,164$1,810$1,154
17 years$3,367$2,818$2,346$1,944$1,605$989
18 years$3,147$2,604$2,142$1,752$1,427$849
19 years$2,950$2,413$1,961$1,583$1,272$731
20 years$2,773$2,243$1,800$1,434$1,136$630
21 years$2,613$2,089$1,655$1,302$1,017$543
22 years$2,468$1,950$1,526$1,183$911$469
23 years$2,336$1,824$1,409$1,078$818$406
24 years$2,215$1,709$1,303$983$735$351
25 years$2,104$1,604$1,207$898$662$304
26 years$2,001$1,507$1,119$821$596$264
27 years$1,907$1,418$1,039$751$537$229
28 years$1,819$1,337$966$688$485$198
29 years$1,737$1,261$899$631$438$172
30 years$1,661$1,191$837$579$396$150
31 years$1,590$1,126$781$532$358$130
32 years$1,524$1,065$728$489$324$113
33 years$1,461$1,009$680$450$293$98
34 years$1,403$956$635$414$265$85
35 years$1,348$907$594$381$240$74
36 years$1,296$861$556$351$218$64
37 years$1,247$817$520$323$197$56
38 years$1,201$777$487$298$179$49
39 years$1,157$739$456$275$162$42
40 years$1,116$703$428$253$147$37
41 years$1,076$669$401$234$133$32
42 years$1,039$637$376$216$121$28
43 years$1,003$607$353$199$110$24
44 years$970$579$331$184$100$21
45 years$937$552$311$170$91$18
46 years$907$526$292$157$82$16
47 years$877$502$275$145$75$14
48 years$849$480$258$134$68$12
49 years$822$458$243$124$62$11
50 years$797$437$228$114$56$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $816,000, adding $6,001 every year, while hoping to spend $58,441 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: 25/48/27 Blend
34$816,000$816,000$816,000$816,000
35$905,422$862,174$849,526$920,262
36$935,594$842,240$815,804$913,097
37$966,885$819,370$778,994$900,045
38$999,348$793,359$738,931$884,829
39$1,033,038$763,990$695,441$867,308
40$1,068,014$731,032$648,345$847,332
41$1,104,340$694,242$597,453$824,743
42$1,142,085$653,361$542,570$799,375
43$1,181,320$608,118$483,488$771,054
44$1,222,123$558,225$419,994$739,597
45$1,264,578$503,377$351,863$704,810
46$1,308,775$443,251$278,859$666,491
47$1,354,808$377,509$200,739$624,427
48$1,402,782$305,790$117,247$578,394
49$1,452,807$227,716$28,117$528,157
50$1,505,004$142,884$0$473,470
51$1,559,500$50,872$0$433,377
52$1,616,437$0$0$398,203
53$1,675,964$0$0$385,402
54$1,738,244$0$0$400,156
55$1,803,454$0$0$415,641
56$1,871,784$0$0$431,908
57$1,943,442$0$0$449,011
58$2,018,652$0$0$467,010
59$2,097,658$0$0$485,969
60$2,180,726$0$0$505,958
61$2,268,143$0$0$527,054
62$2,360,224$0$0$549,341
63$2,457,311$0$0$572,910
64$2,559,775$0$0$597,860
65$2,668,022$0$0$624,301
66$2,782,496$0$0$652,350
67$2,903,680$0$0$682,138
68$3,032,102$0$0$713,807
69$3,168,339$0$0$747,512
70$3,313,021$0$0$783,423
71$3,466,839$0$0$821,726
72$3,630,546$0$0$862,625
73$3,804,969$0$0$906,345
74$3,991,013$0$0$953,129
75$4,189,668$0$0$1,003,248
76$4,402,021$0$0$1,056,994
77$4,629,261$0$0$1,114,692
78$4,872,695$0$0$1,176,697
79$5,133,752$0$0$1,243,398
80$5,414,005$0$0$1,315,223
81$5,715,177$0$0$1,392,641
82$6,039,160$0$0$1,476,169
83$6,388,033$0$0$1,566,373
84$6,764,075$0$0$1,663,876
85$7,169,795$0$0$1,769,364
86$7,607,945$0$0$1,883,588
87$8,081,552$0$0$2,007,376
88$8,593,941$0$0$2,141,638
89$9,148,768$0$0$2,287,374
90$9,750,052$0$0$2,445,685
91$10,402,212$0$0$2,617,781
92$11,110,109$0$0$2,804,993
93$11,879,088$0$0$3,008,788
94$12,715,029$0$0$3,230,777
95$13,624,400$0$0$3,472,734
96$14,614,319$0$0$3,736,612
97$15,692,617$0$0$4,024,559
98$16,867,912$0$0$4,338,942
99$18,149,688$0$0$4,682,364
100$19,548,385$0$0$5,057,692