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%18.6%
1 years$70,027$69,403$68,795$68,201$67,621$65,273
2 years$34,667$34,021$33,395$32,789$32,200$29,860
3 years$22,882$22,233$21,609$21,008$20,429$18,169
4 years$16,990$16,344$15,726$15,135$14,570$12,407
5 years$13,456$12,814$12,204$11,625$11,076$9,016
6 years$11,101$10,463$9,863$9,297$8,764$6,809
7 years$9,419$8,787$8,196$7,643$7,128$5,277
8 years$8,159$7,532$6,951$6,412$5,913$4,166
9 years$7,179$6,558$5,987$5,461$4,980$3,333
10 years$6,395$5,781$5,219$4,708$4,243$2,694
11 years$5,755$5,146$4,595$4,097$3,649$2,195
12 years$5,221$4,619$4,078$3,594$3,162$1,800
13 years$4,770$4,174$3,643$3,173$2,757$1,483
14 years$4,384$3,794$3,274$2,816$2,417$1,227
15 years$4,049$3,466$2,956$2,512$2,128$1,019
16 years$3,757$3,180$2,680$2,249$1,881$848
17 years$3,499$2,929$2,438$2,021$1,668$707
18 years$3,270$2,706$2,226$1,821$1,483$591
19 years$3,066$2,508$2,038$1,646$1,322$494
20 years$2,882$2,331$1,870$1,490$1,181$414
21 years$2,716$2,171$1,720$1,353$1,057$347
22 years$2,565$2,026$1,585$1,230$947$292
23 years$2,428$1,895$1,464$1,120$850$245
24 years$2,302$1,776$1,354$1,022$764$206
25 years$2,186$1,667$1,254$933$688$173
26 years$2,080$1,566$1,163$853$619$146
27 years$1,981$1,474$1,080$781$558$123
28 years$1,890$1,389$1,004$715$504$103
29 years$1,805$1,310$934$656$455$87
30 years$1,726$1,237$870$602$411$73
31 years$1,652$1,170$811$553$372$62
32 years$1,583$1,107$757$508$336$52
33 years$1,519$1,048$707$467$304$44
34 years$1,458$993$660$430$275$37
35 years$1,401$942$617$396$250$31
36 years$1,347$894$578$365$226$26
37 years$1,296$849$541$336$205$22
38 years$1,248$807$506$310$186$19
39 years$1,202$768$474$285$168$16
40 years$1,159$730$445$263$153$13
41 years$1,118$695$417$243$139$11
42 years$1,080$662$391$224$126$9
43 years$1,043$631$367$207$114$8
44 years$1,008$601$344$191$104$7
45 years$974$573$323$176$94$6
46 years$942$547$304$163$85$5
47 years$912$522$285$151$78$4
48 years$882$498$268$139$70$3
49 years$855$476$252$129$64$3
50 years$828$455$237$119$58$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $848,000, adding $5,788 every year, while hoping to spend $52,296 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: 65/6/29 Blend
34$848,000$848,000$848,000$848,000
35$940,466$895,522$882,378$994,011
36$980,751$883,760$856,295$1,019,174
37$1,023,393$869,669$827,586$1,040,365
38$1,068,576$853,080$796,107$1,062,393
39$1,116,502$833,813$761,708$1,085,348
40$1,167,394$811,678$724,234$1,109,328
41$1,221,492$786,474$683,520$1,134,446
42$1,279,061$757,988$639,395$1,160,827
43$1,340,391$725,996$591,681$1,188,610
44$1,405,800$690,258$540,190$1,217,953
45$1,475,633$650,523$484,729$1,249,028
46$1,550,273$606,523$425,092$1,282,032
47$1,630,135$557,978$361,067$1,317,182
48$1,715,678$504,588$292,433$1,354,720
49$1,807,404$446,039$218,955$1,394,916
50$1,905,863$381,998$140,394$1,438,073
51$2,011,658$312,114$56,495$1,484,523
52$2,125,454$236,014$0$1,534,641
53$2,247,978$153,307$0$1,599,064
54$2,380,030$63,577$0$1,687,350
55$2,522,488$0$0$1,782,599
56$2,676,317$0$0$1,887,693
57$2,842,578$0$0$2,005,861
58$3,022,436$0$0$2,133,739
59$3,217,171$0$0$2,272,244
60$3,428,192$0$0$2,422,384
61$3,657,048$0$0$2,585,267
62$3,905,441$0$0$2,762,111
63$4,175,245$0$0$2,954,258
64$4,468,520$0$0$3,163,182
65$4,787,531$0$0$3,390,505
66$5,134,773$0$0$3,638,012
67$5,512,990$0$0$3,907,668
68$5,925,201$0$0$4,201,634
69$6,374,728$0$0$4,522,289
70$6,865,230$0$0$4,872,251
71$7,400,731$0$0$5,254,404
72$7,985,665$0$0$5,671,919
73$8,624,908$0$0$6,128,290
74$9,323,832$0$0$6,627,363
75$10,088,351$0$0$7,173,372
76$10,924,975$0$0$7,770,980
77$11,840,875$0$0$8,425,320
78$12,843,946$0$0$9,142,046
79$13,942,882$0$0$9,927,384
80$15,147,259$0$0$10,788,192
81$16,467,621$0$0$11,732,021
82$17,915,583$0$0$12,767,189
83$19,503,938$0$0$13,902,857
84$21,246,775$0$0$15,149,115
85$23,159,615$0$0$16,517,079
86$25,259,554$0$0$18,018,992
87$27,565,422$0$0$19,668,341
88$30,097,965$0$0$21,479,983
89$32,880,034$0$0$23,470,285
90$35,936,805$0$0$25,657,277
91$39,296,011$0$0$28,060,822
92$42,988,207$0$0$30,702,804
93$47,047,052$0$0$33,607,331
94$51,509,633$0$0$36,800,964
95$56,416,805$0$0$40,312,967
96$61,813,585$0$0$44,175,581
97$67,749,567$0$0$48,424,329
98$74,279,396$0$0$53,098,348
99$81,463,278$0$0$58,240,761
100$89,367,548$0$0$63,899,081