Can I retire at age 35 with 849,000?

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 $849,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.2%
1 years$70,110$69,485$68,876$68,281$67,700$65,718
2 years$34,708$34,061$33,435$32,827$32,238$30,257
3 years$22,909$22,259$21,635$21,033$20,453$18,535
4 years$17,010$16,363$15,744$15,153$14,587$12,747
5 years$13,472$12,829$12,218$11,639$11,089$9,332
6 years$11,114$10,476$9,874$9,308$8,774$7,102
7 years$9,431$8,797$8,206$7,652$7,136$5,548
8 years$8,168$7,541$6,959$6,419$5,920$4,416
9 years$7,187$6,566$5,994$5,468$4,985$3,563
10 years$6,403$5,787$5,225$4,713$4,248$2,906
11 years$5,761$5,152$4,600$4,102$3,653$2,389
12 years$5,227$4,624$4,083$3,598$3,166$1,977
13 years$4,776$4,179$3,648$3,177$2,761$1,645
14 years$4,389$3,799$3,277$2,820$2,420$1,374
15 years$4,054$3,470$2,959$2,515$2,131$1,152
16 years$3,761$3,184$2,683$2,252$1,883$968
17 years$3,503$2,932$2,441$2,023$1,670$816
18 years$3,274$2,709$2,229$1,823$1,485$689
19 years$3,070$2,511$2,040$1,647$1,323$583
20 years$2,885$2,333$1,872$1,492$1,182$493
21 years$2,719$2,174$1,722$1,354$1,058$418
22 years$2,568$2,029$1,587$1,231$948$355
23 years$2,431$1,898$1,466$1,121$851$302
24 years$2,305$1,778$1,355$1,023$765$256
25 years$2,189$1,668$1,255$934$688$218
26 years$2,082$1,568$1,164$854$620$185
27 years$1,984$1,476$1,081$782$559$158
28 years$1,892$1,391$1,005$716$504$134
29 years$1,807$1,312$935$657$455$114
30 years$1,728$1,239$871$603$412$98
31 years$1,654$1,171$812$554$372$83
32 years$1,585$1,108$758$509$337$71
33 years$1,520$1,049$708$468$305$60
34 years$1,460$995$661$430$276$51
35 years$1,402$943$618$396$250$44
36 years$1,348$895$578$365$226$37
37 years$1,298$850$541$336$205$32
38 years$1,249$808$507$310$186$27
39 years$1,204$769$475$286$169$23
40 years$1,161$731$445$264$153$20
41 years$1,120$696$417$243$139$17
42 years$1,081$663$391$224$126$14
43 years$1,044$632$367$207$114$12
44 years$1,009$602$345$191$104$10
45 years$975$574$324$177$94$9
46 years$943$548$304$163$86$8
47 years$913$523$286$151$78$7
48 years$884$499$268$139$71$6
49 years$856$476$252$129$64$5
50 years$829$455$237$119$58$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $849,000, adding $2,326 every year, while hoping to spend $42,906 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: 60/34/6 Blend
34$849,000$849,000$849,000$849,000
35$937,997$893,000$879,841$993,069
36$988,021$891,106$863,664$1,028,303
37$1,041,710$887,680$845,507$1,061,569
38$1,099,391$882,603$825,258$1,096,761
39$1,161,426$875,748$802,801$1,134,063
40$1,228,210$866,978$778,014$1,173,682
41$1,300,178$856,151$750,768$1,215,846
42$1,377,808$843,114$720,930$1,260,809
43$1,461,624$827,706$688,361$1,308,851
44$1,552,202$809,756$652,914$1,360,284
45$1,650,177$789,084$614,436$1,415,453
46$1,756,243$765,498$572,768$1,474,740
47$1,871,168$738,795$527,744$1,538,569
48$1,995,792$708,761$479,188$1,607,409
49$2,131,041$675,169$426,920$1,681,780
50$2,277,934$637,778$370,748$1,762,259
51$2,437,590$596,336$310,475$1,849,482
52$2,611,241$550,573$245,892$1,944,157
53$2,800,242$500,206$176,784$2,047,064
54$3,006,085$444,935$102,925$2,159,069
55$3,230,411$384,442$24,078$2,281,129
56$3,475,026$318,392$0$2,414,304
57$3,741,918$246,433$0$2,563,613
58$4,033,274$168,189$0$2,728,400
59$4,351,504$83,266$0$2,908,576
60$4,699,259$0$0$3,105,745
61$5,079,457$0$0$3,324,953
62$5,495,314$0$0$3,598,860
63$5,950,366$0$0$3,898,649
64$6,448,512$0$0$4,226,898
65$6,994,042$0$0$4,586,441
66$7,591,681$0$0$4,980,402
67$8,246,633$0$0$5,412,221
68$8,964,629$0$0$5,885,686
69$9,751,981$0$0$6,404,969
70$10,615,641$0$0$6,974,665
71$11,563,267$0$0$7,599,836
72$12,603,292$0$0$8,286,059
73$13,745,008$0$0$9,039,473
74$14,998,649$0$0$9,866,846
75$16,375,488$0$0$10,775,629
76$17,887,945$0$0$11,774,032
77$19,549,700$0$0$12,871,100
78$21,375,826$0$0$14,076,797
79$23,382,926$0$0$15,402,099
80$25,589,293$0$0$16,859,100
81$28,015,081$0$0$18,461,124
82$30,682,494$0$0$20,222,850
83$33,615,993$0$0$22,160,451
84$36,842,532$0$0$24,291,746
85$40,391,806$0$0$26,636,367
86$44,296,533$0$0$29,215,945
87$48,592,761$0$0$32,054,314
88$53,320,212$0$0$35,177,735
89$58,522,649$0$0$38,615,142
90$64,248,293$0$0$42,398,417
91$70,550,277$0$0$46,562,689
92$77,487,146$0$0$51,146,664
93$85,123,410$0$0$56,192,995
94$93,530,148$0$0$61,748,676
95$102,785,685$0$0$67,865,493
96$112,976,323$0$0$74,600,507
97$124,197,161$0$0$82,016,592
98$136,552,988$0$0$90,183,034
99$150,159,273$0$0$99,176,177
100$165,143,252$0$0$109,080,146