Can I retire at age 35 with 846,000?

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 $846,000?

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$69,862$69,240$68,632$68,040$67,461$65,197
2 years$34,585$33,941$33,317$32,711$32,124$29,866
3 years$22,828$22,181$21,558$20,959$20,381$18,199
4 years$16,950$16,305$15,689$15,099$14,536$12,447
5 years$13,425$12,784$12,175$11,598$11,050$9,059
6 years$11,075$10,439$9,839$9,275$8,743$6,853
7 years$9,397$8,766$8,177$7,625$7,111$5,320
8 years$8,140$7,514$6,934$6,397$5,899$4,207
9 years$7,162$6,543$5,973$5,449$4,968$3,372
10 years$6,380$5,767$5,207$4,697$4,233$2,731
11 years$5,741$5,134$4,584$4,088$3,640$2,230
12 years$5,209$4,608$4,068$3,585$3,155$1,832
13 years$4,759$4,164$3,635$3,165$2,751$1,513
14 years$4,373$3,785$3,266$2,810$2,411$1,254
15 years$4,040$3,458$2,949$2,506$2,123$1,043
16 years$3,748$3,173$2,673$2,244$1,877$870
17 years$3,491$2,922$2,433$2,016$1,664$727
18 years$3,263$2,700$2,221$1,817$1,479$609
19 years$3,059$2,502$2,033$1,642$1,319$511
20 years$2,875$2,325$1,866$1,487$1,178$429
21 years$2,710$2,166$1,716$1,349$1,054$361
22 years$2,559$2,022$1,582$1,227$945$303
23 years$2,422$1,891$1,460$1,117$848$255
24 years$2,296$1,772$1,351$1,019$762$215
25 years$2,181$1,663$1,251$931$686$181
26 years$2,075$1,563$1,160$851$618$153
27 years$1,977$1,471$1,077$779$557$129
28 years$1,886$1,386$1,002$714$503$109
29 years$1,801$1,307$932$654$454$92
30 years$1,722$1,235$868$601$410$78
31 years$1,648$1,167$809$552$371$66
32 years$1,580$1,104$755$507$335$55
33 years$1,515$1,046$705$466$304$47
34 years$1,454$991$659$429$275$40
35 years$1,397$940$616$395$249$33
36 years$1,344$892$576$364$226$28
37 years$1,293$847$539$335$204$24
38 years$1,245$805$505$309$185$20
39 years$1,200$766$473$285$168$17
40 years$1,157$729$443$263$152$14
41 years$1,116$694$416$242$138$12
42 years$1,077$661$390$224$125$10
43 years$1,040$629$366$206$114$9
44 years$1,005$600$344$191$103$7
45 years$972$572$323$176$94$6
46 years$940$546$303$163$85$5
47 years$909$521$285$150$77$4
48 years$880$497$268$139$70$4
49 years$853$475$251$128$64$3
50 years$826$454$236$119$58$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $846,000, adding $2,730 every year, while hoping to spend $52,641 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: 66/8/26 Blend
34$846,000$846,000$846,000$846,000
35$935,108$890,270$877,157$990,310
36$974,479$877,884$850,532$1,015,455
37$1,016,102$863,126$821,251$1,036,763
38$1,060,151$845,825$789,169$1,058,873
39$1,106,815$825,800$754,135$1,081,868
40$1,156,303$802,857$715,992$1,105,842
41$1,208,842$776,792$674,573$1,130,896
42$1,264,678$747,390$629,706$1,157,149
43$1,324,086$714,422$581,211$1,184,729
44$1,387,360$677,646$528,899$1,213,782
45$1,454,828$636,808$472,574$1,244,471
46$1,526,844$591,636$412,030$1,276,977
47$1,603,801$541,844$347,051$1,311,503
48$1,686,126$487,132$277,414$1,348,274
49$1,774,288$427,178$202,885$1,387,542
50$1,868,802$361,647$123,218$1,429,589
51$1,970,232$290,180$38,159$1,474,726
52$2,079,200$212,403$0$1,523,301
53$2,196,384$127,917$0$1,590,297
54$2,322,532$36,301$0$1,673,794
55$2,458,463$0$0$1,763,754
56$2,605,080$0$0$1,866,328
57$2,763,370$0$0$1,980,561
58$2,934,422$0$0$2,104,048
59$3,119,431$0$0$2,237,656
60$3,319,710$0$0$2,382,342
61$3,536,704$0$0$2,539,153
62$3,772,000$0$0$2,709,244
63$4,027,344$0$0$2,893,883
64$4,304,658$0$0$3,094,468
65$4,606,053$0$0$3,312,532
66$4,933,854$0$0$3,549,766
67$5,290,617$0$0$3,808,027
68$5,679,155$0$0$4,089,360
69$6,102,564$0$0$4,396,016
70$6,564,252$0$0$4,730,472
71$7,067,967$0$0$5,095,453
72$7,617,837$0$0$5,493,960
73$8,218,405$0$0$5,929,296
74$8,874,673$0$0$6,405,097
75$9,592,147$0$0$6,925,367
76$10,376,890$0$0$7,494,513
77$11,235,576$0$0$8,117,390
78$12,175,556$0$0$8,799,340
79$13,204,923$0$0$9,546,250
80$14,332,591$0$0$10,364,599
81$15,568,375$0$0$11,261,526
82$16,923,085$0$0$12,244,892
83$18,408,629$0$0$13,323,354
84$20,038,118$0$0$14,506,447
85$21,825,997$0$0$15,804,676
86$23,788,176$0$0$17,229,608
87$25,942,178$0$0$18,793,989
88$28,307,308$0$0$20,511,856
89$30,904,831$0$0$22,398,673
90$33,758,172$0$0$24,471,476
91$36,893,137$0$0$26,749,031
92$40,338,155$0$0$29,252,012
93$44,124,545$0$0$32,003,197
94$48,286,811$0$0$35,027,678
95$52,862,968$0$0$38,353,102
96$57,894,896$0$0$42,009,925
97$63,428,738$0$0$46,031,706
98$69,515,332$0$0$50,455,417
99$76,210,689$0$0$55,321,793
100$83,576,523$0$0$60,675,717