Can I retire at age 35 with 834,000?

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 $834,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.8%
1 years$68,871$68,257$67,659$67,075$66,504$63,891
2 years$34,095$33,460$32,844$32,247$31,669$29,068
3 years$22,504$21,866$21,252$20,661$20,092$17,585
4 years$16,710$16,074$15,466$14,885$14,330$11,936
5 years$13,234$12,602$12,002$11,433$10,893$8,619
6 years$10,918$10,291$9,700$9,143$8,619$6,467
7 years$9,264$8,642$8,061$7,517$7,010$4,977
8 years$8,024$7,408$6,836$6,306$5,815$3,901
9 years$7,060$6,450$5,888$5,371$4,897$3,098
10 years$6,290$5,685$5,133$4,630$4,173$2,486
11 years$5,660$5,061$4,519$4,030$3,589$2,010
12 years$5,135$4,543$4,011$3,535$3,110$1,635
13 years$4,691$4,105$3,583$3,120$2,712$1,336
14 years$4,311$3,732$3,220$2,770$2,377$1,096
15 years$3,982$3,409$2,907$2,470$2,093$902
16 years$3,695$3,128$2,635$2,212$1,850$744
17 years$3,441$2,880$2,398$1,987$1,640$615
18 years$3,216$2,662$2,189$1,791$1,458$509
19 years$3,015$2,467$2,004$1,618$1,300$422
20 years$2,835$2,292$1,839$1,466$1,161$351
21 years$2,671$2,135$1,692$1,330$1,039$291
22 years$2,523$1,993$1,559$1,209$931$242
23 years$2,388$1,864$1,440$1,102$836$202
24 years$2,264$1,746$1,331$1,005$751$168
25 years$2,150$1,639$1,233$918$676$140
26 years$2,045$1,540$1,144$839$609$116
27 years$1,949$1,450$1,062$768$549$97
28 years$1,859$1,366$987$704$496$81
29 years$1,775$1,289$919$645$447$67
30 years$1,698$1,217$856$592$404$56
31 years$1,625$1,151$798$544$366$47
32 years$1,557$1,089$744$500$331$39
33 years$1,494$1,031$695$460$299$33
34 years$1,434$977$649$423$271$27
35 years$1,378$927$607$389$245$23
36 years$1,325$880$568$358$222$19
37 years$1,275$835$532$330$202$16
38 years$1,227$794$498$304$183$13
39 years$1,183$755$466$281$166$11
40 years$1,140$718$437$259$150$9
41 years$1,100$684$410$239$136$8
42 years$1,062$651$385$220$124$6
43 years$1,025$620$361$204$112$5
44 years$991$591$339$188$102$4
45 years$958$564$318$174$93$4
46 years$927$538$299$160$84$3
47 years$897$513$281$148$76$3
48 years$868$490$264$137$69$2
49 years$840$468$248$126$63$2
50 years$814$447$233$117$57$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $834,000, adding $2,880 every year, while hoping to spend $54,922 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: 69/9/22 Blend
34$834,000$834,000$834,000$834,000
35$922,039$877,837$864,910$980,387
36$957,650$862,414$835,448$1,004,355
37$995,053$844,395$803,158$1,023,904
38$1,034,372$823,594$767,887$1,043,975
39$1,075,744$799,816$729,477$1,064,615
40$1,119,315$772,852$687,760$1,085,881
41$1,165,246$742,483$642,561$1,107,833
42$1,213,713$708,476$593,698$1,130,543
43$1,264,906$670,586$540,982$1,154,088
44$1,319,034$628,552$484,212$1,178,557
45$1,376,324$582,100$423,182$1,204,051
46$1,437,024$530,938$357,673$1,230,681
47$1,501,405$474,758$287,460$1,258,573
48$1,569,764$413,237$212,306$1,287,869
49$1,642,425$346,031$131,963$1,318,726
50$1,719,742$272,776$46,174$1,351,321
51$1,802,105$193,091$0$1,385,852
52$1,889,937$106,570$0$1,433,194
53$1,983,704$12,786$0$1,495,200
54$2,083,917$0$0$1,561,364
55$2,191,135$0$0$1,640,854
56$2,305,971$0$0$1,727,377
57$2,429,098$0$0$1,820,180
58$2,561,252$0$0$1,919,822
59$2,703,245$0$0$2,026,917
60$2,855,964$0$0$2,142,142
61$3,020,386$0$0$2,266,236
62$3,197,582$0$0$2,400,015
63$3,388,729$0$0$2,544,371
64$3,595,120$0$0$2,700,288
65$3,818,176$0$0$2,868,845
66$4,059,460$0$0$3,051,228
67$4,320,687$0$0$3,248,741
68$4,603,745$0$0$3,462,819
69$4,910,708$0$0$3,695,038
70$5,243,860$0$0$3,947,132
71$5,605,709$0$0$4,221,009
72$5,999,016$0$0$4,518,766
73$6,426,819$0$0$4,842,711
74$6,892,459$0$0$5,195,385
75$7,399,612$0$0$5,579,581
76$7,952,325$0$0$5,998,374
77$8,555,049$0$0$6,455,149
78$9,212,687$0$0$6,953,630
79$9,930,632$0$0$7,497,919
80$10,714,823$0$0$8,092,527
81$11,571,795$0$0$8,742,426
82$12,508,747$0$0$9,453,084
83$13,533,601$0$0$10,230,526
84$14,655,084$0$0$11,081,384
85$15,882,800$0$0$12,012,961
86$17,227,330$0$0$13,033,298
87$18,700,323$0$0$14,151,253
88$20,314,609$0$0$15,376,579
89$22,084,319$0$0$16,720,018
90$24,025,014$0$0$18,193,401
91$26,153,834$0$0$19,809,759
92$28,489,660$0$0$21,583,446
93$31,053,286$0$0$23,530,271
94$33,867,620$0$0$25,667,650
95$36,957,892$0$0$28,014,766
96$40,351,899$0$0$30,592,752
97$44,080,260$0$0$33,424,888
98$48,176,707$0$0$36,536,819
99$52,678,400$0$0$39,956,799
100$57,626,277$0$0$43,715,953