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%19.3%
1 years$68,706$68,094$67,497$66,914$66,345$63,864
2 years$34,013$33,379$32,765$32,170$31,593$29,122
3 years$22,450$21,814$21,201$20,612$20,044$17,660
4 years$16,670$16,035$15,429$14,850$14,295$12,018
5 years$13,202$12,572$11,974$11,406$10,867$8,701
6 years$10,892$10,266$9,677$9,121$8,599$6,546
7 years$9,242$8,621$8,041$7,499$6,993$5,053
8 years$8,005$7,390$6,820$6,291$5,801$3,972
9 years$7,043$6,434$5,874$5,358$4,886$3,164
10 years$6,275$5,672$5,121$4,619$4,163$2,547
11 years$5,646$5,049$4,508$4,020$3,580$2,066
12 years$5,123$4,532$4,001$3,526$3,103$1,686
13 years$4,680$4,095$3,575$3,113$2,705$1,382
14 years$4,301$3,723$3,212$2,763$2,372$1,138
15 years$3,973$3,401$2,900$2,464$2,088$940
16 years$3,686$3,120$2,629$2,207$1,845$778
17 years$3,433$2,873$2,392$1,983$1,636$646
18 years$3,209$2,655$2,184$1,787$1,455$537
19 years$3,008$2,461$1,999$1,614$1,297$447
20 years$2,828$2,287$1,835$1,462$1,158$372
21 years$2,665$2,130$1,688$1,327$1,037$311
22 years$2,517$1,988$1,555$1,207$929$259
23 years$2,382$1,860$1,436$1,099$834$217
24 years$2,258$1,742$1,328$1,002$750$181
25 years$2,145$1,635$1,230$915$675$151
26 years$2,041$1,537$1,141$837$608$127
27 years$1,944$1,446$1,060$766$548$106
28 years$1,854$1,363$985$702$494$89
29 years$1,771$1,286$917$644$446$74
30 years$1,694$1,214$854$591$403$62
31 years$1,621$1,148$796$542$365$52
32 years$1,553$1,086$743$499$330$44
33 years$1,490$1,028$693$458$299$37
34 years$1,430$975$648$422$270$31
35 years$1,374$925$606$388$245$26
36 years$1,321$878$567$358$222$22
37 years$1,272$833$530$330$201$18
38 years$1,224$792$497$304$182$15
39 years$1,180$753$465$280$165$13
40 years$1,137$717$436$258$150$11
41 years$1,097$682$409$238$136$9
42 years$1,059$650$384$220$123$7
43 years$1,023$619$360$203$112$6
44 years$989$590$338$187$102$5
45 years$956$563$317$173$92$4
46 years$924$537$298$160$84$4
47 years$894$512$280$148$76$3
48 years$866$489$263$137$69$3
49 years$838$467$247$126$63$2
50 years$812$446$232$117$57$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $832,000, adding $6,552 every year, while hoping to spend $54,534 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: 49/42/9 Blend
34$832,000$832,000$832,000$832,000
35$923,622$879,526$866,630$966,352
36$959,808$864,599$837,639$981,384
37$997,857$847,113$805,848$991,404
38$1,037,902$826,885$771,107$1,001,022
39$1,080,086$803,721$733,258$1,010,218
40$1,124,567$777,416$692,134$1,018,970
41$1,171,517$747,752$647,564$1,027,259
42$1,221,120$714,501$599,367$1,035,068
43$1,273,582$677,419$547,353$1,042,382
44$1,329,124$636,249$491,326$1,049,191
45$1,387,989$590,720$431,079$1,055,486
46$1,450,441$540,543$366,398$1,061,264
47$1,516,772$485,415$297,058$1,066,526
48$1,587,297$425,015$222,824$1,071,282
49$1,662,364$359,003$143,452$1,075,545
50$1,742,353$287,022$58,685$1,079,341
51$1,827,679$208,692$0$1,082,701
52$1,918,797$123,613$0$1,088,721
53$2,016,208$31,364$0$1,100,619
54$2,120,458$0$0$1,112,853
55$2,232,147$0$0$1,157,198
56$2,351,934$0$0$1,220,365
57$2,480,540$0$0$1,288,246
58$2,618,759$0$0$1,361,269
59$2,767,459$0$0$1,439,901
60$2,927,598$0$0$1,524,656
61$3,100,222$0$0$1,616,100
62$3,286,486$0$0$1,714,853
63$3,487,655$0$0$1,821,597
64$3,705,121$0$0$1,937,082
65$3,940,412$0$0$2,062,131
66$4,195,211$0$0$2,197,650
67$4,471,364$0$0$2,344,635
68$4,770,905$0$0$2,504,182
69$5,096,068$0$0$2,677,495
70$5,449,311$0$0$2,865,900
71$5,833,338$0$0$3,070,853
72$6,251,124$0$0$3,293,960
73$6,705,943$0$0$3,536,985
74$7,201,395$0$0$3,801,870
75$7,741,443$0$0$4,090,753
76$8,330,450$0$0$4,405,987
77$8,973,216$0$0$4,750,161
78$9,675,025$0$0$5,126,125
79$10,441,695$0$0$5,537,018
80$11,279,630$0$0$5,986,296
81$12,195,880$0$0$6,477,761
82$13,198,207$0$0$7,015,603
83$14,295,160$0$0$7,604,434
84$15,496,151$0$0$8,249,333
85$16,811,543$0$0$8,955,893
86$18,252,751$0$0$9,730,273
87$19,832,345$0$0$10,579,258
88$21,564,168$0$0$11,510,319
89$23,463,469$0$0$12,531,686
90$25,547,041$0$0$13,652,422
91$27,833,381$0$0$14,882,512
92$30,342,865$0$0$16,232,954
93$33,097,937$0$0$17,715,863
94$36,123,319$0$0$19,344,583
95$39,446,245$0$0$21,133,817
96$43,096,719$0$0$23,099,759
97$47,107,789$0$0$25,260,251
98$51,515,868$0$0$27,634,949
99$56,361,068$0$0$30,245,509
100$61,687,582$0$0$33,115,787