Can I retire at age 35 with 848,000?

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 $848,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.8%
1 years$70,027$69,403$68,795$68,201$67,621$66,555
2 years$34,667$34,021$33,395$32,789$32,200$31,130
3 years$22,882$22,233$21,609$21,008$20,429$19,387
4 years$16,990$16,344$15,726$15,135$14,570$13,564
5 years$13,456$12,814$12,204$11,625$11,076$10,109
6 years$11,101$10,463$9,863$9,297$8,764$7,837
7 years$9,419$8,787$8,196$7,643$7,128$6,241
8 years$8,159$7,532$6,951$6,412$5,913$5,067
9 years$7,179$6,558$5,987$5,461$4,980$4,173
10 years$6,395$5,781$5,219$4,708$4,243$3,475
11 years$5,755$5,146$4,595$4,097$3,649$2,920
12 years$5,221$4,619$4,078$3,594$3,162$2,471
13 years$4,770$4,174$3,643$3,173$2,757$2,102
14 years$4,384$3,794$3,274$2,816$2,417$1,798
15 years$4,049$3,466$2,956$2,512$2,128$1,543
16 years$3,757$3,180$2,680$2,249$1,881$1,329
17 years$3,499$2,929$2,438$2,021$1,668$1,148
18 years$3,270$2,706$2,226$1,821$1,483$993
19 years$3,066$2,508$2,038$1,646$1,322$862
20 years$2,882$2,331$1,870$1,490$1,181$749
21 years$2,716$2,171$1,720$1,353$1,057$651
22 years$2,565$2,026$1,585$1,230$947$568
23 years$2,428$1,895$1,464$1,120$850$495
24 years$2,302$1,776$1,354$1,022$764$432
25 years$2,186$1,667$1,254$933$688$378
26 years$2,080$1,566$1,163$853$619$330
27 years$1,981$1,474$1,080$781$558$289
28 years$1,890$1,389$1,004$715$504$253
29 years$1,805$1,310$934$656$455$221
30 years$1,726$1,237$870$602$411$194
31 years$1,652$1,170$811$553$372$170
32 years$1,583$1,107$757$508$336$149
33 years$1,519$1,048$707$467$304$131
34 years$1,458$993$660$430$275$115
35 years$1,401$942$617$396$250$101
36 years$1,347$894$578$365$226$88
37 years$1,296$849$541$336$205$78
38 years$1,248$807$506$310$186$68
39 years$1,202$768$474$285$168$60
40 years$1,159$730$445$263$153$52
41 years$1,118$695$417$243$139$46
42 years$1,080$662$391$224$126$40
43 years$1,043$631$367$207$114$36
44 years$1,008$601$344$191$104$31
45 years$974$573$323$176$94$27
46 years$942$547$304$163$85$24
47 years$912$522$285$151$78$21
48 years$882$498$268$139$70$19
49 years$855$476$252$129$64$16
50 years$828$455$237$119$58$14

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $848,000, adding $2,541 every year, while hoping to spend $31,917 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: 56/15/29 Blend
34$848,000$848,000$848,000$848,000
35$937,117$892,173$879,029$981,961
36$998,744$901,930$874,517$1,022,888
37$1,065,586$911,095$868,784$1,063,942
38$1,138,143$919,607$861,756$1,108,033
39$1,216,963$927,397$853,354$1,155,466
40$1,302,649$934,394$843,497$1,206,578
41$1,395,863$940,524$832,098$1,261,741
42$1,497,336$945,704$819,068$1,321,364
43$1,607,871$949,850$804,314$1,385,903
44$1,728,351$952,871$787,735$1,455,859
45$1,859,750$954,668$769,231$1,531,786
46$2,003,136$955,139$748,693$1,614,296
47$2,159,690$954,174$726,008$1,704,066
48$2,330,707$951,658$701,058$1,801,842
49$2,517,617$947,466$673,720$1,908,450
50$2,721,990$941,468$643,866$2,024,799
51$2,945,557$933,524$611,360$2,151,898
52$3,190,225$923,489$576,062$2,290,855
53$3,458,093$911,204$537,824$2,442,898
54$3,751,470$896,505$496,493$2,609,381
55$4,072,902$879,216$451,908$2,791,799
56$4,425,192$859,151$403,901$2,991,802
57$4,811,427$836,115$352,297$3,211,211
58$5,235,006$809,898$296,912$3,452,038
59$5,699,673$780,280$237,556$3,716,500
60$6,209,554$747,027$174,028$4,007,046
61$6,769,190$709,893$106,120$4,326,380
62$7,383,587$668,618$33,614$4,677,483
63$8,058,256$622,923$0$5,063,646
64$8,799,270$572,518$0$5,502,040
65$9,613,319$517,094$0$5,995,109
66$10,507,770$456,325$0$6,536,938
67$11,490,744$389,866$0$7,132,482
68$12,571,183$317,352$0$7,787,201
69$13,758,940$238,400$0$8,507,116
70$15,064,872$152,602$0$9,298,861
71$16,500,939$59,529$0$10,169,749
72$18,080,317$0$0$11,127,840
73$19,817,525$0$0$12,188,828
74$21,728,557$0$0$13,366,875
75$23,831,039$0$0$14,663,027
76$26,144,388$0$0$16,089,269
77$28,690,001$0$0$17,658,801
78$31,491,450$0$0$19,386,171
79$34,574,713$0$0$21,287,407
80$37,968,408$0$0$23,380,170
81$41,704,074$0$0$25,683,920
82$45,816,458$0$0$28,220,101
83$50,343,851$0$0$31,012,340
84$55,328,442$0$0$34,086,671
85$60,816,721$0$0$37,471,783
86$66,859,915$0$0$41,199,287
87$73,514,471$0$0$45,304,016
88$80,842,590$0$0$49,824,353
89$88,912,811$0$0$54,802,593
90$97,800,659$0$0$60,285,342
91$107,589,358$0$0$66,323,958
92$118,370,614$0$0$72,975,032
93$130,245,484$0$0$80,300,926
94$143,325,324$0$0$88,370,357
95$157,732,844$0$0$97,259,051
96$173,603,263$0$0$107,050,451
97$191,085,588$0$0$117,836,511
98$210,344,016$0$0$129,718,555
99$231,559,486$0$0$142,808,245
100$254,931,386$0$0$157,228,622