Can I retire at age 35 with 841,000?

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 $841,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.4%
1 years$69,449$68,830$68,227$67,638$67,063$66,390
2 years$34,381$33,740$33,120$32,518$31,935$31,257
3 years$22,693$22,050$21,431$20,835$20,261$19,599
4 years$16,850$16,209$15,596$15,010$14,450$13,810
5 years$13,345$12,708$12,103$11,529$10,985$10,368
6 years$11,009$10,377$9,781$9,220$8,692$8,099
7 years$9,342$8,715$8,128$7,580$7,069$6,500
8 years$8,091$7,470$6,893$6,359$5,864$5,319
9 years$7,120$6,504$5,937$5,416$4,939$4,418
10 years$6,343$5,733$5,176$4,669$4,208$3,711
11 years$5,707$5,104$4,557$4,063$3,619$3,145
12 years$5,178$4,581$4,044$3,564$3,136$2,685
13 years$4,731$4,140$3,613$3,147$2,735$2,306
14 years$4,348$3,763$3,247$2,793$2,397$1,990
15 years$4,016$3,437$2,931$2,491$2,111$1,724
16 years$3,726$3,154$2,658$2,230$1,865$1,499
17 years$3,470$2,905$2,418$2,004$1,654$1,308
18 years$3,243$2,684$2,208$1,806$1,471$1,143
19 years$3,041$2,487$2,021$1,632$1,311$1,002
20 years$2,858$2,311$1,855$1,478$1,171$880
21 years$2,694$2,153$1,706$1,341$1,048$773
22 years$2,544$2,010$1,572$1,220$939$681
23 years$2,408$1,880$1,452$1,111$843$600
24 years$2,283$1,761$1,343$1,013$758$530
25 years$2,168$1,653$1,244$925$682$468
26 years$2,063$1,553$1,153$846$614$414
27 years$1,965$1,462$1,071$774$554$366
28 years$1,874$1,378$996$709$500$324
29 years$1,790$1,300$926$651$451$287
30 years$1,712$1,227$863$597$408$255
31 years$1,639$1,160$805$548$369$226
32 years$1,570$1,098$751$504$333$200
33 years$1,506$1,040$701$463$302$178
34 years$1,446$985$655$426$273$158
35 years$1,389$935$612$393$247$140
36 years$1,336$887$573$362$224$124
37 years$1,285$842$536$333$203$110
38 years$1,238$801$502$307$184$98
39 years$1,193$761$470$283$167$87
40 years$1,150$724$441$261$152$77
41 years$1,109$689$413$241$137$69
42 years$1,071$657$388$222$125$61
43 years$1,034$626$364$205$113$54
44 years$999$596$342$189$103$48
45 years$966$569$321$175$93$43
46 years$934$543$301$162$85$38
47 years$904$518$283$149$77$34
48 years$875$494$266$138$70$30
49 years$848$472$250$128$63$27
50 years$821$451$235$118$58$24

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $841,000, adding $5,004 every year, while hoping to spend $51,317 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: 66/28/6 Blend
34$841,000$841,000$841,000$841,000
35$931,944$887,371$874,335$992,249
36$972,401$876,251$849,024$1,021,802
37$1,015,265$862,866$821,146$1,047,460
38$1,060,727$847,052$790,559$1,074,132
39$1,108,996$828,633$757,118$1,101,907
40$1,160,302$807,423$720,669$1,130,889
41$1,214,893$783,227$681,052$1,161,192
42$1,273,044$755,837$638,099$1,192,945
43$1,335,054$725,033$591,636$1,226,290
44$1,401,253$690,583$541,479$1,261,386
45$1,472,000$652,241$487,437$1,298,412
46$1,547,689$609,746$429,312$1,337,565
47$1,628,754$562,824$366,894$1,379,067
48$1,715,667$511,183$299,965$1,423,164
49$1,808,951$454,516$228,300$1,470,130
50$1,909,175$392,499$151,659$1,520,270
51$2,016,967$324,787$69,796$1,573,926
52$2,133,015$251,020$0$1,631,474
53$2,258,075$170,812$0$1,694,461
54$2,392,978$83,760$0$1,767,070
55$2,538,634$0$0$1,845,368
56$2,696,047$0$0$1,933,205
57$2,866,318$0$0$2,056,174
58$3,050,658$0$0$2,189,348
59$3,250,398$0$0$2,333,695
60$3,467,001$0$0$2,490,278
61$3,702,077$0$0$2,660,266
62$3,957,397$0$0$2,844,947
63$4,234,906$0$0$3,045,735
64$4,536,749$0$0$3,264,187
65$4,865,280$0$0$3,502,017
66$5,223,094$0$0$3,761,109
67$5,613,043$0$0$4,043,538
68$6,038,270$0$0$4,351,587
69$6,502,229$0$0$4,687,769
70$7,008,726$0$0$5,054,849
71$7,561,948$0$0$5,455,873
72$8,166,507$0$0$5,894,191
73$8,827,477$0$0$6,373,496
74$9,550,449$0$0$6,897,850
75$10,341,574$0$0$7,471,727
76$11,207,629$0$0$8,100,054
77$12,156,074$0$0$8,788,256
78$13,195,127$0$0$9,542,308
79$14,333,837$0$0$10,368,788
80$15,582,168$0$0$11,274,945
81$16,951,096$0$0$12,268,758
82$18,452,711$0$0$13,359,019
83$20,100,328$0$0$14,555,411
84$21,908,613$0$0$15,868,598
85$23,893,721$0$0$17,310,329
86$26,073,450$0$0$18,893,545
87$28,467,401$0$0$20,632,503
88$31,097,171$0$0$22,542,906
89$33,986,550$0$0$24,642,056
90$37,161,745$0$0$26,949,013
91$40,651,630$0$0$29,484,773
92$44,488,015$0$0$32,272,470
93$48,705,942$0$0$35,337,589
94$53,344,023$0$0$38,708,211
95$58,444,796$0$0$42,415,271
96$64,055,128$0$0$46,492,855
97$70,226,656$0$0$50,978,515
98$77,016,273$0$0$55,913,629
99$84,486,666$0$0$61,343,788
100$92,706,904$0$0$67,319,222