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%17.6%
1 years$69,366$68,749$68,146$67,557$66,983$64,917
2 years$34,340$33,700$33,080$32,479$31,897$29,833
3 years$22,666$22,023$21,405$20,810$20,236$18,240
4 years$16,830$16,190$15,578$14,992$14,433$12,519
5 years$13,329$12,693$12,089$11,516$10,972$9,146
6 years$10,996$10,365$9,770$9,209$8,681$6,945
7 years$9,331$8,704$8,119$7,571$7,060$5,413
8 years$8,082$7,461$6,885$6,351$5,857$4,298
9 years$7,111$6,496$5,930$5,410$4,933$3,460
10 years$6,335$5,726$5,170$4,663$4,203$2,815
11 years$5,700$5,098$4,552$4,059$3,615$2,308
12 years$5,172$4,575$4,039$3,560$3,132$1,905
13 years$4,725$4,135$3,609$3,143$2,731$1,581
14 years$4,342$3,758$3,243$2,790$2,394$1,317
15 years$4,011$3,433$2,928$2,488$2,108$1,101
16 years$3,722$3,150$2,654$2,228$1,863$923
17 years$3,466$2,901$2,415$2,002$1,652$775
18 years$3,240$2,681$2,205$1,804$1,469$653
19 years$3,037$2,484$2,019$1,630$1,309$550
20 years$2,855$2,309$1,853$1,476$1,169$465
21 years$2,690$2,150$1,704$1,340$1,047$393
22 years$2,541$2,007$1,570$1,218$938$332
23 years$2,405$1,877$1,450$1,109$842$281
24 years$2,280$1,759$1,341$1,012$757$238
25 years$2,166$1,651$1,242$924$681$202
26 years$2,060$1,551$1,152$845$613$171
27 years$1,963$1,460$1,070$773$553$145
28 years$1,872$1,376$994$709$499$123
29 years$1,788$1,298$925$650$451$105
30 years$1,710$1,226$862$596$407$89
31 years$1,637$1,159$804$548$368$76
32 years$1,568$1,096$750$503$333$64
33 years$1,504$1,038$700$463$301$55
34 years$1,444$984$654$426$273$46
35 years$1,387$933$612$392$247$39
36 years$1,334$886$572$361$224$33
37 years$1,284$841$535$333$203$28
38 years$1,236$800$501$307$184$24
39 years$1,191$760$470$283$167$21
40 years$1,148$723$440$261$151$17
41 years$1,108$689$413$241$137$15
42 years$1,069$656$387$222$125$13
43 years$1,033$625$363$205$113$11
44 years$998$596$341$189$103$9
45 years$965$568$320$175$93$8
46 years$933$542$301$161$85$7
47 years$903$517$283$149$77$6
48 years$874$494$266$138$70$5
49 years$847$471$250$127$63$4
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 $3,563 every year, while hoping to spend $49,248 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: 43/40/17 Blend
34$840,000$840,000$840,000$840,000
35$929,355$884,835$871,815$964,581
36$971,750$875,793$848,622$980,678
37$1,016,818$864,656$823,000$992,974
38$1,064,781$851,272$794,818$1,005,252
39$1,115,880$835,475$763,936$1,017,533
40$1,170,379$817,093$730,207$1,029,844
41$1,228,569$795,942$693,480$1,042,220
42$1,290,767$771,827$653,595$1,054,699
43$1,357,320$744,542$610,386$1,067,334
44$1,428,612$713,869$563,679$1,080,181
45$1,505,059$679,577$513,291$1,093,311
46$1,587,122$641,424$459,034$1,106,807
47$1,675,305$599,150$400,708$1,120,763
48$1,770,161$552,483$338,106$1,135,292
49$1,872,298$501,135$271,013$1,150,522
50$1,982,382$444,800$199,201$1,166,602
51$2,101,146$383,157$122,436$1,183,704
52$2,229,397$315,865$40,471$1,202,021
53$2,368,017$242,565$0$1,221,779
54$2,517,981$162,876$0$1,251,757
55$2,680,356$76,398$0$1,292,107
56$2,856,318$0$0$1,335,858
57$3,047,159$0$0$1,391,048
58$3,254,300$0$0$1,487,538
59$3,479,304$0$0$1,592,440
60$3,723,890$0$0$1,706,567
61$3,989,949$0$0$1,830,814
62$4,279,561$0$0$1,966,164
63$4,595,018$0$0$2,113,701
64$4,938,838$0$0$2,274,617
65$5,313,793$0$0$2,450,224
66$5,722,937$0$0$2,641,967
67$6,169,629$0$0$2,851,434
68$6,657,566$0$0$3,080,376
69$7,190,819$0$0$3,330,721
70$7,773,871$0$0$3,604,589
71$8,411,657$0$0$3,904,317
72$9,109,609$0$0$4,232,478
73$9,873,711$0$0$4,591,903
74$10,710,552$0$0$4,985,712
75$11,627,387$0$0$5,417,342
76$12,632,206$0$0$5,890,574
77$13,733,810$0$0$6,409,578
78$14,941,891$0$0$6,978,942
79$16,267,124$0$0$7,603,722
80$17,721,267$0$0$8,289,486
81$19,317,272$0$0$9,042,370
82$21,069,405$0$0$9,869,129
83$22,993,381$0$0$10,777,208
84$25,106,512$0$0$11,774,806
85$27,427,869$0$0$12,870,955
86$29,978,459$0$0$14,075,609
87$32,781,428$0$0$15,399,729
88$35,862,272$0$0$16,855,394
89$39,249,082$0$0$18,455,912
90$42,972,806$0$0$20,215,941
91$47,067,539$0$0$22,151,637
92$51,570,848$0$0$24,280,793
93$56,524,121$0$0$26,623,019
94$61,972,958$0$0$29,199,918
95$67,967,603$0$0$32,035,293
96$74,563,414$0$0$35,155,371
97$81,821,386$0$0$38,589,050
98$89,808,725$0$0$42,368,171
99$98,599,481$0$0$46,527,819
100$108,275,248$0$0$51,106,650