Can I retire at age 35 with 840,000?

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 $840,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.3%
1 years$69,366$68,749$68,146$67,557$66,983$64,735
2 years$34,340$33,700$33,080$32,479$31,897$29,654
3 years$22,666$22,023$21,405$20,810$20,236$18,070
4 years$16,830$16,190$15,578$14,992$14,433$12,359
5 years$13,329$12,693$12,089$11,516$10,972$8,995
6 years$10,996$10,365$9,770$9,209$8,681$6,804
7 years$9,331$8,704$8,119$7,571$7,060$5,282
8 years$8,082$7,461$6,885$6,351$5,857$4,177
9 years$7,111$6,496$5,930$5,410$4,933$3,348
10 years$6,335$5,726$5,170$4,663$4,203$2,712
11 years$5,700$5,098$4,552$4,059$3,615$2,214
12 years$5,172$4,575$4,039$3,560$3,132$1,819
13 years$4,725$4,135$3,609$3,143$2,731$1,502
14 years$4,342$3,758$3,243$2,790$2,394$1,245
15 years$4,011$3,433$2,928$2,488$2,108$1,036
16 years$3,722$3,150$2,654$2,228$1,863$864
17 years$3,466$2,901$2,415$2,002$1,652$722
18 years$3,240$2,681$2,205$1,804$1,469$605
19 years$3,037$2,484$2,019$1,630$1,309$507
20 years$2,855$2,309$1,853$1,476$1,169$426
21 years$2,690$2,150$1,704$1,340$1,047$358
22 years$2,541$2,007$1,570$1,218$938$301
23 years$2,405$1,877$1,450$1,109$842$254
24 years$2,280$1,759$1,341$1,012$757$214
25 years$2,166$1,651$1,242$924$681$180
26 years$2,060$1,551$1,152$845$613$152
27 years$1,963$1,460$1,070$773$553$128
28 years$1,872$1,376$994$709$499$108
29 years$1,788$1,298$925$650$451$91
30 years$1,710$1,226$862$596$407$77
31 years$1,637$1,159$804$548$368$65
32 years$1,568$1,096$750$503$333$55
33 years$1,504$1,038$700$463$301$46
34 years$1,444$984$654$426$273$39
35 years$1,387$933$612$392$247$33
36 years$1,334$886$572$361$224$28
37 years$1,284$841$535$333$203$24
38 years$1,236$800$501$307$184$20
39 years$1,191$760$470$283$167$17
40 years$1,148$723$440$261$151$14
41 years$1,108$689$413$241$137$12
42 years$1,069$656$387$222$125$10
43 years$1,033$625$363$205$113$9
44 years$998$596$341$189$103$7
45 years$965$568$320$175$93$6
46 years$933$542$301$161$85$5
47 years$903$517$283$149$77$4
48 years$874$494$266$138$70$4
49 years$847$471$250$127$63$3
50 years$820$450$235$118$58$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $840,000, adding $2,898 every year, while hoping to spend $48,166 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: 54/29/17 Blend
34$840,000$840,000$840,000$840,000
35$928,669$884,149$871,129$974,428
36$972,145$876,224$849,064$998,080
37$1,018,442$866,297$824,645$1,018,440
38$1,067,795$854,218$797,743$1,039,533
39$1,120,465$839,829$768,222$1,061,441
40$1,176,735$822,963$735,940$1,084,256
41$1,236,917$803,444$700,750$1,108,086
42$1,301,353$781,083$662,495$1,133,048
43$1,370,417$755,682$621,014$1,159,277
44$1,444,519$727,030$576,138$1,186,924
45$1,524,111$694,906$527,690$1,216,158
46$1,609,688$659,073$475,485$1,247,170
47$1,701,792$619,284$419,329$1,280,174
48$1,801,019$575,274$359,022$1,315,408
49$1,908,026$526,765$294,352$1,353,143
50$2,023,532$473,463$225,099$1,393,677
51$2,148,327$415,058$151,035$1,437,346
52$2,283,281$351,220$71,919$1,484,527
53$2,429,348$281,602$0$1,535,638
54$2,587,579$205,839$0$1,593,415
55$2,759,129$123,541$0$1,670,181
56$2,945,266$34,301$0$1,753,507
57$3,147,388$0$0$1,844,092
58$3,367,030$0$0$1,962,597
59$3,605,882$0$0$2,103,439
60$3,865,802$0$0$2,256,779
61$4,148,836$0$0$2,423,830
62$4,457,233$0$0$2,605,932
63$4,793,472$0$0$2,804,557
64$5,160,278$0$0$3,021,326
65$5,560,650$0$0$3,258,022
66$5,997,893$0$0$3,516,609
67$6,475,640$0$0$3,799,250
68$6,997,896$0$0$4,108,324
69$7,569,067$0$0$4,446,453
70$8,194,005$0$0$4,816,522
71$8,878,053$0$0$5,221,709
72$9,627,094$0$0$5,665,513
73$10,447,607$0$0$6,151,787
74$11,346,726$0$0$6,684,776
75$12,332,309$0$0$7,269,152
76$13,413,011$0$0$7,910,065
77$14,598,363$0$0$8,613,184
78$15,898,863$0$0$9,384,755
79$17,326,076$0$0$10,231,656
80$18,892,738$0$0$11,161,465
81$20,612,881$0$0$12,182,529
82$22,501,961$0$0$13,304,043
83$24,577,004$0$0$14,536,137
84$26,856,766$0$0$15,889,970
85$29,361,910$0$0$17,377,835
86$32,115,201$0$0$19,013,275
87$35,141,716$0$0$20,811,212
88$38,469,085$0$0$22,788,083
89$42,127,747$0$0$24,962,001
90$46,151,239$0$0$27,352,918
91$50,576,511$0$0$29,982,820
92$55,444,272$0$0$32,875,929
93$60,799,378$0$0$36,058,933
94$66,691,248$0$0$39,561,238
95$73,174,334$0$0$43,415,243
96$80,308,633$0$0$47,656,647
97$88,160,252$0$0$52,324,786
98$96,802,031$0$0$57,463,001
99$106,314,227$0$0$63,119,047
100$116,785,278$0$0$69,345,548