Can I retire at age 35 with 838,000?

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 $838,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.4%
1 years$69,201$68,585$67,983$67,396$66,823$65,076
2 years$34,258$33,620$33,002$32,402$31,821$30,072
3 years$22,612$21,971$21,354$20,760$20,188$18,493
4 years$16,790$16,151$15,540$14,957$14,398$12,770
5 years$13,298$12,663$12,060$11,488$10,945$9,388
6 years$10,970$10,340$9,746$9,187$8,661$7,176
7 years$9,308$8,684$8,099$7,553$7,044$5,631
8 years$8,063$7,443$6,869$6,336$5,843$4,503
9 years$7,094$6,481$5,916$5,397$4,921$3,652
10 years$6,320$5,712$5,158$4,652$4,193$2,993
11 years$5,687$5,086$4,541$4,049$3,606$2,473
12 years$5,160$4,564$4,030$3,551$3,125$2,058
13 years$4,714$4,125$3,600$3,135$2,725$1,721
14 years$4,332$3,749$3,235$2,783$2,389$1,446
15 years$4,002$3,425$2,921$2,482$2,103$1,219
16 years$3,713$3,143$2,648$2,223$1,859$1,030
17 years$3,458$2,894$2,410$1,997$1,648$873
18 years$3,232$2,674$2,200$1,800$1,465$742
19 years$3,030$2,479$2,014$1,626$1,306$631
20 years$2,848$2,303$1,848$1,473$1,167$538
21 years$2,684$2,145$1,700$1,337$1,044$459
22 years$2,535$2,003$1,567$1,215$936$392
23 years$2,399$1,873$1,447$1,107$840$335
24 years$2,275$1,755$1,338$1,009$755$286
25 years$2,160$1,647$1,239$922$679$245
26 years$2,055$1,548$1,149$843$612$210
27 years$1,958$1,457$1,067$772$552$180
28 years$1,868$1,373$992$707$498$154
29 years$1,784$1,295$923$648$450$132
30 years$1,706$1,223$860$595$406$113
31 years$1,633$1,156$802$546$367$97
32 years$1,565$1,094$748$502$332$83
33 years$1,501$1,036$698$462$301$72
34 years$1,441$982$653$425$272$61
35 years$1,384$931$610$391$247$53
36 years$1,331$884$571$360$223$45
37 years$1,281$839$534$332$202$39
38 years$1,233$798$500$306$184$33
39 years$1,188$759$469$282$166$29
40 years$1,146$722$439$260$151$25
41 years$1,105$687$412$240$137$21
42 years$1,067$654$386$222$124$18
43 years$1,030$623$363$204$113$16
44 years$996$594$340$189$102$13
45 years$963$567$320$174$93$12
46 years$931$541$300$161$84$10
47 years$901$516$282$149$77$8
48 years$872$492$265$138$70$7
49 years$845$470$249$127$63$6
50 years$818$449$234$117$57$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $838,000, adding $4,826 every year, while hoping to spend $54,709 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: 49/21/30 Blend
34$838,000$838,000$838,000$838,000
35$928,454$884,040$871,051$965,811
36$964,946$869,148$842,021$977,678
37$1,003,327$851,693$810,185$984,816
38$1,043,732$831,491$775,392$991,529
39$1,086,307$808,348$737,481$997,803
40$1,131,212$782,059$696,289$1,003,630
41$1,178,621$752,405$651,640$1,009,000
42$1,228,725$719,158$603,355$1,013,911
43$1,281,731$682,073$551,244$1,018,362
44$1,337,866$640,892$495,108$1,022,357
45$1,397,376$595,344$434,742$1,025,906
46$1,460,532$545,140$369,930$1,029,025
47$1,527,630$489,975$300,446$1,031,737
48$1,598,993$429,528$226,056$1,034,072
49$1,674,974$363,459$146,513$1,036,071
50$1,755,961$291,409$61,561$1,037,784
51$1,842,379$212,997$0$1,039,275
52$1,934,691$127,824$0$1,049,932
53$2,033,408$35,465$0$1,082,169
54$2,139,086$0$0$1,116,462
55$2,252,340$0$0$1,167,947
56$2,373,840$0$0$1,232,034
57$2,504,324$0$0$1,300,925
58$2,644,600$0$0$1,375,053
59$2,795,557$0$0$1,454,898
60$2,958,169$0$0$1,540,984
61$3,133,507$0$0$1,633,887
62$3,322,749$0$0$1,734,243
63$3,527,187$0$0$1,842,746
64$3,748,241$0$0$1,960,162
65$3,987,473$0$0$2,087,332
66$4,246,600$0$0$2,225,182
67$4,527,508$0$0$2,374,728
68$4,832,273$0$0$2,537,089
69$5,163,177$0$0$2,713,495
70$5,522,730$0$0$2,905,299
71$5,913,695$0$0$3,113,991
72$6,339,110$0$0$3,341,209
73$6,802,316$0$0$3,588,755
74$7,306,993$0$0$3,858,613
75$7,857,188$0$0$4,152,966
76$8,457,357$0$0$4,474,218
77$9,112,403$0$0$4,825,013
78$9,827,725$0$0$5,208,264
79$10,609,264$0$0$5,627,177
80$11,463,561$0$0$6,085,280
81$12,397,820$0$0$6,586,459
82$13,419,970$0$0$7,134,994
83$14,538,743$0$0$7,735,596
84$15,763,754$0$0$8,393,454
85$17,105,591$0$0$9,114,281
86$18,575,914$0$0$9,904,371
87$20,187,565$0$0$10,770,653
88$21,954,687$0$0$11,720,762
89$23,892,857$0$0$12,763,103
90$26,019,232$0$0$13,906,939
91$28,352,711$0$0$15,162,468
92$30,914,109$0$0$16,540,928
93$33,726,357$0$0$18,054,695
94$36,814,713$0$0$19,717,405
95$40,207,001$0$0$21,544,076
96$43,933,874$0$0$23,551,255
97$48,029,100$0$0$25,757,172
98$52,529,879$0$0$28,181,909
99$57,477,194$0$0$30,847,590
100$62,916,198$0$0$33,778,592