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%
1 years$70,027$69,403$68,795$68,201$67,621$66,776
2 years$34,667$34,021$33,395$32,789$32,200$31,350
3 years$22,882$22,233$21,609$21,008$20,429$19,600
4 years$16,990$16,344$15,726$15,135$14,570$13,769
5 years$13,456$12,814$12,204$11,625$11,076$10,304
6 years$11,101$10,463$9,863$9,297$8,764$8,023
7 years$9,419$8,787$8,196$7,643$7,128$6,418
8 years$8,159$7,532$6,951$6,412$5,913$5,234
9 years$7,179$6,558$5,987$5,461$4,980$4,332
10 years$6,395$5,781$5,219$4,708$4,243$3,625
11 years$5,755$5,146$4,595$4,097$3,649$3,061
12 years$5,221$4,619$4,078$3,594$3,162$2,603
13 years$4,770$4,174$3,643$3,173$2,757$2,227
14 years$4,384$3,794$3,274$2,816$2,417$1,914
15 years$4,049$3,466$2,956$2,512$2,128$1,652
16 years$3,757$3,180$2,680$2,249$1,881$1,431
17 years$3,499$2,929$2,438$2,021$1,668$1,243
18 years$3,270$2,706$2,226$1,821$1,483$1,082
19 years$3,066$2,508$2,038$1,646$1,322$944
20 years$2,882$2,331$1,870$1,490$1,181$825
21 years$2,716$2,171$1,720$1,353$1,057$722
22 years$2,565$2,026$1,585$1,230$947$633
23 years$2,428$1,895$1,464$1,120$850$556
24 years$2,302$1,776$1,354$1,022$764$488
25 years$2,186$1,667$1,254$933$688$429
26 years$2,080$1,566$1,163$853$619$378
27 years$1,981$1,474$1,080$781$558$332
28 years$1,890$1,389$1,004$715$504$293
29 years$1,805$1,310$934$656$455$258
30 years$1,726$1,237$870$602$411$228
31 years$1,652$1,170$811$553$372$201
32 years$1,583$1,107$757$508$336$177
33 years$1,519$1,048$707$467$304$157
34 years$1,458$993$660$430$275$138
35 years$1,401$942$617$396$250$122
36 years$1,347$894$578$365$226$108
37 years$1,296$849$541$336$205$95
38 years$1,248$807$506$310$186$84
39 years$1,202$768$474$285$168$75
40 years$1,159$730$445$263$153$66
41 years$1,118$695$417$243$139$58
42 years$1,080$662$391$224$126$52
43 years$1,043$631$367$207$114$46
44 years$1,008$601$344$191$104$40
45 years$974$573$323$176$94$36
46 years$942$547$304$163$85$32
47 years$912$522$285$151$78$28
48 years$882$498$268$139$70$25
49 years$855$476$252$129$64$22
50 years$828$455$237$119$58$19

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $848,000, adding $3,865 every year, while hoping to spend $45,591 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: 54/41/5 Blend
34$848,000$848,000$848,000$848,000
35$938,483$893,539$880,395$987,962
36$985,700$888,814$861,380$1,017,079
37$1,036,204$882,329$840,199$1,043,368
38$1,090,285$873,951$816,733$1,070,855
39$1,148,255$863,536$790,855$1,099,660
40$1,210,462$850,933$762,434$1,129,918
41$1,277,284$835,984$731,330$1,161,779
42$1,349,137$818,518$697,400$1,195,409
43$1,426,479$798,355$660,493$1,230,996
44$1,509,811$775,306$620,450$1,268,749
45$1,599,685$749,169$577,109$1,308,900
46$1,696,706$719,731$530,295$1,351,711
47$1,801,539$686,767$479,829$1,397,470
48$1,914,916$650,039$425,523$1,446,501
49$2,037,641$609,294$367,182$1,499,163
50$2,170,596$564,266$304,599$1,555,858
51$2,314,755$514,672$237,560$1,617,031
52$2,471,184$460,216$165,843$1,683,179
53$2,641,060$400,581$89,213$1,754,853
54$2,825,673$335,435$7,428$1,832,667
55$3,026,447$264,427$0$1,917,303
56$3,244,946$187,184$0$2,013,779
57$3,482,890$103,316$0$2,119,375
58$3,742,174$12,407$0$2,234,645
59$4,024,881$0$0$2,360,639
60$4,333,307$0$0$2,537,317
61$4,669,975$0$0$2,736,359
62$5,037,665$0$0$2,953,820
63$5,439,438$0$0$3,191,521
64$5,878,661$0$0$3,451,465
65$6,359,043$0$0$3,735,856
66$6,884,669$0$0$4,047,125
67$7,460,033$0$0$4,387,944
68$8,090,089$0$0$4,761,259
69$8,780,288$0$0$5,170,313
70$9,536,635$0$0$5,618,679
71$10,365,743$0$0$6,110,288
72$11,274,896$0$0$6,649,475
73$12,272,116$0$0$7,241,011
74$13,366,238$0$0$7,890,152
75$14,566,995$0$0$8,602,688
76$15,885,108$0$0$9,384,997
77$17,332,385$0$0$10,244,103
78$18,921,835$0$0$11,187,746
79$20,667,787$0$0$12,224,451
80$22,586,028$0$0$13,363,610
81$24,693,949$0$0$14,615,570
82$27,010,708$0$0$15,991,729
83$29,557,413$0$0$17,504,645
84$32,357,317$0$0$19,168,154
85$35,436,041$0$0$20,997,499
86$38,821,810$0$0$23,009,475
87$42,545,724$0$0$25,222,584
88$46,642,045$0$0$27,657,214
89$51,148,526$0$0$30,335,827
90$56,106,762$0$0$33,283,172
91$61,562,581$0$0$36,526,519
92$67,566,482$0$0$40,095,913
93$74,174,102$0$0$44,024,462
94$81,446,749$0$0$48,348,645
95$89,451,973$0$0$53,108,655
96$98,264,205$0$0$58,348,782
97$107,965,462$0$0$64,117,827
98$118,646,114$0$0$70,469,566
99$130,405,739$0$0$77,463,252
100$143,354,064$0$0$85,164,176