Can I retire at age 35 with 824,000?

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 $824,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.7%
1 years$68,045$67,439$66,848$66,271$65,707$64,171
2 years$33,686$33,058$32,450$31,861$31,289$29,750
3 years$22,234$21,604$20,998$20,414$19,851$18,357
4 years$16,509$15,881$15,281$14,707$14,158$12,721
5 years$13,075$12,451$11,859$11,296$10,763$9,387
6 years$10,787$10,167$9,583$9,034$8,516$7,202
7 years$9,153$8,538$7,964$7,427$6,926$5,674
8 years$7,928$7,319$6,754$6,230$5,746$4,556
9 years$6,976$6,373$5,817$5,307$4,839$3,710
10 years$6,214$5,617$5,072$4,575$4,123$3,054
11 years$5,592$5,001$4,465$3,981$3,546$2,535
12 years$5,073$4,488$3,963$3,492$3,073$2,119
13 years$4,635$4,056$3,540$3,083$2,679$1,781
14 years$4,260$3,687$3,181$2,737$2,349$1,503
15 years$3,935$3,368$2,872$2,441$2,068$1,273
16 years$3,651$3,090$2,604$2,185$1,828$1,082
17 years$3,400$2,846$2,369$1,964$1,621$922
18 years$3,178$2,630$2,163$1,770$1,441$787
19 years$2,979$2,437$1,980$1,599$1,284$673
20 years$2,801$2,265$1,817$1,448$1,147$576
21 years$2,639$2,110$1,671$1,314$1,027$494
22 years$2,493$1,969$1,541$1,195$920$424
23 years$2,359$1,842$1,422$1,088$826$365
24 years$2,237$1,726$1,315$993$742$314
25 years$2,124$1,619$1,218$906$668$270
26 years$2,021$1,522$1,130$829$602$233
27 years$1,925$1,432$1,049$759$543$200
28 years$1,837$1,350$975$695$490$173
29 years$1,754$1,273$908$637$442$149
30 years$1,677$1,202$846$585$399$128
31 years$1,606$1,137$788$537$361$111
32 years$1,539$1,076$735$494$327$96
33 years$1,476$1,019$687$454$296$83
34 years$1,417$965$642$418$268$71
35 years$1,361$916$600$385$242$62
36 years$1,309$869$561$354$220$53
37 years$1,259$825$525$326$199$46
38 years$1,213$784$492$301$180$40
39 years$1,168$746$461$277$164$34
40 years$1,127$710$432$256$148$30
41 years$1,087$676$405$236$135$26
42 years$1,049$643$380$218$122$22
43 years$1,013$613$357$201$111$19
44 years$979$584$335$186$101$16
45 years$946$557$314$171$91$14
46 years$915$532$295$158$83$12
47 years$886$507$277$146$75$11
48 years$857$484$261$135$68$9
49 years$830$462$245$125$62$8
50 years$805$442$230$116$56$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $824,000, adding $2,153 every year, while hoping to spend $44,042 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: 44/30/26 Blend
34$824,000$824,000$824,000$824,000
35$910,269$866,597$853,825$943,369
36$956,256$862,200$835,568$962,729
37$1,005,458$856,111$815,223$979,304
38$1,058,155$848,201$792,674$996,411
39$1,114,657$838,334$767,799$1,014,126
40$1,175,303$826,362$740,470$1,032,532
41$1,240,463$812,133$710,555$1,051,724
42$1,310,546$795,484$677,914$1,071,813
43$1,385,999$776,240$642,402$1,092,922
44$1,467,315$754,219$603,866$1,115,190
45$1,555,032$729,228$562,148$1,138,777
46$1,649,746$701,060$517,080$1,163,861
47$1,752,108$669,500$468,490$1,190,643
48$1,862,834$634,317$416,195$1,219,349
49$1,982,713$595,268$360,008$1,250,236
50$2,112,611$552,097$299,729$1,283,588
51$2,253,479$504,532$235,151$1,319,726
52$2,406,365$452,285$166,061$1,359,011
53$2,572,421$395,054$92,231$1,401,844
54$2,752,914$332,518$13,426$1,448,677
55$2,949,238$264,338$0$1,500,012
56$3,162,926$190,156$0$1,576,018
57$3,395,665$109,594$0$1,662,966
58$3,649,312$22,254$0$1,757,901
59$3,925,911$0$0$1,861,681
60$4,227,711$0$0$1,999,120
61$4,557,187$0$0$2,157,275
62$4,917,065$0$0$2,330,122
63$5,310,344$0$0$2,519,112
64$5,740,327$0$0$2,725,845
65$6,210,651$0$0$2,952,084
66$6,725,319$0$0$3,199,767
67$7,288,741$0$0$3,471,031
68$7,905,771$0$0$3,768,228
69$8,581,755$0$0$4,093,948
70$9,322,583$0$0$4,451,045
71$10,134,738$0$0$4,842,660
72$11,025,362$0$0$5,272,254
73$12,002,321$0$0$5,743,640
74$13,074,281$0$0$6,261,016
75$14,250,783$0$0$6,829,007
76$15,542,340$0$0$7,452,709
77$16,960,533$0$0$8,137,733
78$18,518,117$0$0$8,890,263
79$20,229,144$0$0$9,717,108
80$22,109,095$0$0$10,625,773
81$24,175,022$0$0$11,624,524
82$26,445,715$0$0$12,722,468
83$28,941,871$0$0$13,929,637
84$31,686,293$0$0$15,257,086
85$34,704,105$0$0$16,716,993
86$38,022,988$0$0$18,322,778
87$41,673,437$0$0$20,089,222
88$45,689,053$0$0$22,032,616
89$50,106,857$0$0$24,170,907
90$54,967,639$0$0$26,523,868
91$60,316,342$0$0$29,113,289
92$66,202,486$0$0$31,963,176
93$72,680,633$0$0$35,099,982
94$79,810,905$0$0$38,552,854
95$87,659,545$0$0$42,353,908
96$96,299,546$0$0$46,538,532
97$105,811,337$0$0$51,145,721
98$116,283,542$0$0$56,218,441
99$127,813,814$0$0$61,804,038
100$140,509,759$0$0$67,954,683