Can I retire at age 35 with 840,000?

Use the below retirement simulation to view the chances of a successful retirement.
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%20%
1 years$69,366$68,749$68,146$67,557$66,983$64,300
2 years$34,340$33,700$33,080$32,479$31,897$29,227
3 years$22,666$22,023$21,405$20,810$20,236$17,665
4 years$16,830$16,190$15,578$14,992$14,433$11,978
5 years$13,329$12,693$12,089$11,516$10,972$8,641
6 years$10,996$10,365$9,770$9,209$8,681$6,475
7 years$9,331$8,704$8,119$7,571$7,060$4,978
8 years$8,082$7,461$6,885$6,351$5,857$3,897
9 years$7,111$6,496$5,930$5,410$4,933$3,091
10 years$6,335$5,726$5,170$4,663$4,203$2,477
11 years$5,700$5,098$4,552$4,059$3,615$2,000
12 years$5,172$4,575$4,039$3,560$3,132$1,625
13 years$4,725$4,135$3,609$3,143$2,731$1,326
14 years$4,342$3,758$3,243$2,790$2,394$1,086
15 years$4,011$3,433$2,928$2,488$2,108$893
16 years$3,722$3,150$2,654$2,228$1,863$735
17 years$3,466$2,901$2,415$2,002$1,652$607
18 years$3,240$2,681$2,205$1,804$1,469$502
19 years$3,037$2,484$2,019$1,630$1,309$416
20 years$2,855$2,309$1,853$1,476$1,169$344
21 years$2,690$2,150$1,704$1,340$1,047$286
22 years$2,541$2,007$1,570$1,218$938$237
23 years$2,405$1,877$1,450$1,109$842$197
24 years$2,280$1,759$1,341$1,012$757$164
25 years$2,166$1,651$1,242$924$681$136
26 years$2,060$1,551$1,152$845$613$113
27 years$1,963$1,460$1,070$773$553$94
28 years$1,872$1,376$994$709$499$78
29 years$1,788$1,298$925$650$451$65
30 years$1,710$1,226$862$596$407$54
31 years$1,637$1,159$804$548$368$45
32 years$1,568$1,096$750$503$333$38
33 years$1,504$1,038$700$463$301$31
34 years$1,444$984$654$426$273$26
35 years$1,387$933$612$392$247$22
36 years$1,334$886$572$361$224$18
37 years$1,284$841$535$333$203$15
38 years$1,236$800$501$307$184$13
39 years$1,191$760$470$283$167$11
40 years$1,148$723$440$261$151$9
41 years$1,108$689$413$241$137$7
42 years$1,069$656$387$222$125$6
43 years$1,033$625$363$205$113$5
44 years$998$596$341$189$103$4
45 years$965$568$320$175$93$4
46 years$933$542$301$161$85$3
47 years$903$517$283$149$77$2
48 years$874$494$266$138$70$2
49 years$847$471$250$127$63$2
50 years$820$450$235$118$58$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $840,000, adding $2,563 every year, while hoping to spend $23,601 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: 82/6/12 Blend
34$840,000$840,000$840,000$840,000
35$928,324$883,804$870,784$1,002,252
36$997,901$901,999$874,844$1,069,289
37$1,073,785$920,294$878,249$1,139,506
38$1,156,593$938,671$880,952$1,215,900
39$1,247,006$957,106$882,904$1,299,079
40$1,345,772$975,576$884,053$1,389,712
41$1,453,718$994,056$884,346$1,488,536
42$1,571,750$1,012,517$883,724$1,596,364
43$1,700,868$1,030,931$882,129$1,714,088
44$1,842,174$1,049,264$879,497$1,842,694
45$1,996,879$1,067,481$875,764$1,983,267
46$2,166,319$1,085,546$870,860$2,137,003
47$2,351,963$1,103,416$864,713$2,305,218
48$2,555,429$1,121,050$857,248$2,489,364
49$2,778,502$1,138,401$848,384$2,691,038
50$3,023,144$1,155,418$838,040$2,912,002
51$3,291,519$1,172,047$826,129$3,154,196
52$3,586,009$1,188,232$812,558$3,419,759
53$3,909,237$1,203,911$797,234$3,711,045
54$4,264,094$1,219,017$780,057$4,030,650
55$4,653,765$1,233,482$760,922$4,381,434
56$5,081,755$1,247,229$739,719$4,766,548
57$5,551,930$1,260,180$716,336$5,189,466
58$6,068,546$1,272,247$690,652$5,654,012
59$6,636,292$1,283,341$662,543$6,164,403
60$7,260,333$1,293,364$631,877$6,725,286
61$7,946,361$1,302,214$598,520$7,341,780
62$8,700,647$1,309,779$562,327$8,019,526
63$9,530,098$1,315,944$523,150$8,764,741
64$10,442,326$1,320,583$480,834$9,584,276
65$11,445,716$1,323,564$435,214$10,485,680
66$12,549,508$1,324,747$386,122$11,477,272
67$13,763,880$1,323,983$333,380$12,568,221
68$15,100,050$1,321,112$276,802$13,768,627
69$16,570,375$1,315,966$216,195$15,089,624
70$18,188,472$1,308,367$151,356$16,543,481
71$19,969,344$1,298,125$82,075$18,143,718
72$21,929,524$1,285,039$8,131$19,905,232
73$24,087,225$1,268,896$0$21,844,443
74$26,462,520$1,249,470$0$23,988,506
75$29,077,525$1,226,522$0$26,349,999
76$31,956,609$1,199,798$0$28,949,884
77$35,126,624$1,169,030$0$31,812,409
78$38,617,160$1,133,932$0$34,964,293
79$42,460,821$1,094,205$0$38,434,981
80$46,693,534$1,049,530$0$42,256,917
81$51,354,886$999,570$0$46,465,854
82$56,488,504$943,967$0$51,101,190
83$62,142,456$882,346$0$56,206,338
84$68,369,713$814,308$0$61,829,141
85$75,228,645$739,430$0$68,022,316
86$82,783,572$657,268$0$74,843,959
87$91,105,373$567,350$0$82,358,087
88$100,272,150$469,180$0$90,635,246
89$110,369,971$362,231$0$99,753,177
90$121,493,676$245,949$0$109,797,546
91$133,747,778$119,747$0$120,862,758
92$147,247,442$0$0$133,052,843
93$162,119,581$0$0$146,483,563
94$178,504,043$0$0$161,288,773
95$196,554,942$0$0$177,599,826
96$216,442,101$0$0$195,570,184
97$238,352,666$0$0$215,368,956
98$262,492,862$0$0$237,182,498
99$289,089,948$0$0$261,216,167
100$318,394,355$0$0$287,696,263