Can I retire at age 35 with 832,000?

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 $832,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.5%
1 years$68,706$68,094$67,497$66,914$66,345$64,584
2 years$34,013$33,379$32,765$32,170$31,593$29,831
3 years$22,450$21,814$21,201$20,612$20,044$18,336
4 years$16,670$16,035$15,429$14,850$14,295$12,655
5 years$13,202$12,572$11,974$11,406$10,867$9,299
6 years$10,892$10,266$9,677$9,121$8,599$7,104
7 years$9,242$8,621$8,041$7,499$6,993$5,572
8 years$8,005$7,390$6,820$6,291$5,801$4,453
9 years$7,043$6,434$5,874$5,358$4,886$3,609
10 years$6,275$5,672$5,121$4,619$4,163$2,956
11 years$5,646$5,049$4,508$4,020$3,580$2,441
12 years$5,123$4,532$4,001$3,526$3,103$2,030
13 years$4,680$4,095$3,575$3,113$2,705$1,696
14 years$4,301$3,723$3,212$2,763$2,372$1,424
15 years$3,973$3,401$2,900$2,464$2,088$1,200
16 years$3,686$3,120$2,629$2,207$1,845$1,014
17 years$3,433$2,873$2,392$1,983$1,636$858
18 years$3,209$2,655$2,184$1,787$1,455$729
19 years$3,008$2,461$1,999$1,614$1,297$619
20 years$2,828$2,287$1,835$1,462$1,158$527
21 years$2,665$2,130$1,688$1,327$1,037$449
22 years$2,517$1,988$1,555$1,207$929$384
23 years$2,382$1,860$1,436$1,099$834$328
24 years$2,258$1,742$1,328$1,002$750$280
25 years$2,145$1,635$1,230$915$675$239
26 years$2,041$1,537$1,141$837$608$205
27 years$1,944$1,446$1,060$766$548$175
28 years$1,854$1,363$985$702$494$150
29 years$1,771$1,286$917$644$446$129
30 years$1,694$1,214$854$591$403$110
31 years$1,621$1,148$796$542$365$94
32 years$1,553$1,086$743$499$330$81
33 years$1,490$1,028$693$458$299$69
34 years$1,430$975$648$422$270$60
35 years$1,374$925$606$388$245$51
36 years$1,321$878$567$358$222$44
37 years$1,272$833$530$330$201$38
38 years$1,224$792$497$304$182$32
39 years$1,180$753$465$280$165$28
40 years$1,137$717$436$258$150$24
41 years$1,097$682$409$238$136$20
42 years$1,059$650$384$220$123$17
43 years$1,023$619$360$203$112$15
44 years$989$590$338$187$102$13
45 years$956$563$317$173$92$11
46 years$924$537$298$160$84$9
47 years$894$512$280$148$76$8
48 years$866$489$263$137$69$7
49 years$838$467$247$126$63$6
50 years$812$446$232$117$57$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $832,000, adding $4,384 every year, while hoping to spend $56,346 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: 53/23/24 Blend
34$832,000$832,000$832,000$832,000
35$921,386$877,290$864,394$963,881
36$955,416$860,326$833,400$976,706
37$991,028$840,641$799,478$984,481
38$1,028,325$818,045$762,473$991,777
39$1,067,416$792,331$722,218$998,567
40$1,108,423$763,285$678,542$1,004,828
41$1,151,474$730,678$631,265$1,010,536
42$1,196,711$694,268$580,200$1,015,668
43$1,244,287$653,800$525,148$1,020,204
44$1,294,370$609,001$465,906$1,024,124
45$1,347,142$559,588$402,260$1,027,415
46$1,402,799$505,257$333,984$1,030,061
47$1,461,558$445,688$260,846$1,032,056
48$1,523,654$380,544$182,602$1,033,394
49$1,589,344$309,468$98,997$1,034,076
50$1,658,909$232,083$9,764$1,034,109
51$1,732,653$147,991$0$1,033,508
52$1,810,913$56,772$0$1,054,179
53$1,894,053$0$0$1,078,361
54$1,982,474$0$0$1,114,304
55$2,076,613$0$0$1,167,915
56$2,176,950$0$0$1,225,102
57$2,284,011$0$0$1,286,171
58$2,398,369$0$0$1,351,456
59$2,520,655$0$0$1,421,325
60$2,651,561$0$0$1,496,179
61$2,791,844$0$0$1,576,459
62$2,942,335$0$0$1,662,649
63$3,103,946$0$0$1,755,280
64$3,277,679$0$0$1,854,936
65$3,464,632$0$0$1,962,256
66$3,666,013$0$0$2,077,943
67$3,883,145$0$0$2,202,770
68$4,117,486$0$0$2,337,585
69$4,370,635$0$0$2,483,320
70$4,644,350$0$0$2,641,000
71$4,940,563$0$0$2,811,751
72$5,261,398$0$0$2,996,813
73$5,609,191$0$0$3,197,545
74$5,986,508$0$0$3,415,447
75$6,396,176$0$0$3,652,165
76$6,841,300$0$0$3,909,511
77$7,325,296$0$0$4,189,478
78$7,851,925$0$0$4,494,259
79$8,425,323$0$0$4,826,268
80$9,050,041$0$0$5,188,161
81$9,731,089$0$0$5,582,859
82$10,473,979$0$0$6,013,579
83$11,284,778$0$0$6,483,864
84$12,170,166$0$0$6,997,609
85$13,137,496$0$0$7,559,107
86$14,194,861$0$0$8,173,081
87$15,351,174$0$0$8,844,734
88$16,616,247$0$0$9,579,792
89$18,000,883$0$0$10,384,562
90$19,516,980$0$0$11,265,990
91$21,177,640$0$0$12,231,722
92$22,997,289$0$0$13,290,182
93$24,991,818$0$0$14,450,645
94$27,178,726$0$0$15,723,330
95$29,577,288$0$0$17,119,487
96$32,208,733$0$0$18,651,513
97$35,096,443$0$0$20,333,059
98$38,266,177$0$0$22,179,164
99$41,746,304$0$0$24,206,395
100$45,568,080$0$0$26,432,998