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%15.4%
1 years$70,110$69,485$68,876$68,281$67,700$66,198
2 years$34,708$34,061$33,435$32,827$32,238$30,733
3 years$22,909$22,259$21,635$21,033$20,453$18,991
4 years$17,010$16,363$15,744$15,153$14,587$13,180
5 years$13,472$12,829$12,218$11,639$11,089$9,741
6 years$11,114$10,476$9,874$9,308$8,774$7,486
7 years$9,431$8,797$8,206$7,652$7,136$5,908
8 years$8,168$7,541$6,959$6,419$5,920$4,752
9 years$7,187$6,566$5,994$5,468$4,985$3,877
10 years$6,403$5,787$5,225$4,713$4,248$3,197
11 years$5,761$5,152$4,600$4,102$3,653$2,659
12 years$5,227$4,624$4,083$3,598$3,166$2,227
13 years$4,776$4,179$3,648$3,177$2,761$1,875
14 years$4,389$3,799$3,277$2,820$2,420$1,586
15 years$4,054$3,470$2,959$2,515$2,131$1,346
16 years$3,761$3,184$2,683$2,252$1,883$1,146
17 years$3,503$2,932$2,441$2,023$1,670$979
18 years$3,274$2,709$2,229$1,823$1,485$837
19 years$3,070$2,511$2,040$1,647$1,323$718
20 years$2,885$2,333$1,872$1,492$1,182$616
21 years$2,719$2,174$1,722$1,354$1,058$530
22 years$2,568$2,029$1,587$1,231$948$456
23 years$2,431$1,898$1,466$1,121$851$393
24 years$2,305$1,778$1,355$1,023$765$339
25 years$2,189$1,668$1,255$934$688$292
26 years$2,082$1,568$1,164$854$620$252
27 years$1,984$1,476$1,081$782$559$218
28 years$1,892$1,391$1,005$716$504$188
29 years$1,807$1,312$935$657$455$163
30 years$1,728$1,239$871$603$412$141
31 years$1,654$1,171$812$554$372$122
32 years$1,585$1,108$758$509$337$105
33 years$1,520$1,049$708$468$305$91
34 years$1,460$995$661$430$276$79
35 years$1,402$943$618$396$250$68
36 years$1,348$895$578$365$226$59
37 years$1,298$850$541$336$205$51
38 years$1,249$808$507$310$186$44
39 years$1,204$769$475$286$169$38
40 years$1,161$731$445$264$153$33
41 years$1,120$696$417$243$139$29
42 years$1,081$663$391$224$126$25
43 years$1,044$632$367$207$114$22
44 years$1,009$602$345$191$104$19
45 years$975$574$324$177$94$16
46 years$943$548$304$163$86$14
47 years$913$523$286$151$78$12
48 years$884$499$268$139$71$11
49 years$856$476$252$129$64$9
50 years$829$455$237$119$58$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $849,000, adding $3,096 every year, while hoping to spend $52,448 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: 68/27/5 Blend
34$849,000$849,000$849,000$849,000
35$938,792$893,795$880,635$1,001,880
36$978,744$881,786$854,332$1,032,030
37$1,021,014$867,432$825,390$1,058,292
38$1,065,782$850,560$793,665$1,085,574
39$1,113,246$830,992$759,007$1,113,967
40$1,163,622$808,536$721,259$1,143,568
41$1,217,147$782,989$680,257$1,174,491
42$1,274,078$754,138$635,828$1,206,858
43$1,334,699$721,756$587,793$1,240,810
44$1,399,320$685,603$535,965$1,276,500
45$1,468,278$645,426$480,148$1,314,101
46$1,541,947$600,956$420,137$1,353,805
47$1,620,733$551,911$355,719$1,395,826
48$1,705,083$497,989$286,671$1,440,403
49$1,795,486$438,875$212,759$1,487,799
50$1,892,479$374,233$133,740$1,538,312
51$1,996,652$303,711$49,360$1,592,270
52$2,108,651$226,934$0$1,650,037
53$2,229,188$143,507$0$1,714,191
54$2,359,040$53,015$0$1,785,964
55$2,499,066$0$0$1,863,238
56$2,650,205$0$0$1,959,950
57$2,813,492$0$0$2,081,492
58$2,990,063$0$0$2,212,962
59$3,181,166$0$0$2,355,295
60$3,388,175$0$0$2,509,520
61$3,612,598$0$0$2,676,766
62$3,856,095$0$0$2,858,276
63$4,120,492$0$0$3,055,418
64$4,407,796$0$0$3,269,694
65$4,720,216$0$0$3,502,759
66$5,060,182$0$0$3,756,433
67$5,430,367$0$0$4,032,718
68$5,833,714$0$0$4,333,818
69$6,273,460$0$0$4,662,157
70$6,753,168$0$0$5,020,405
71$7,276,760$0$0$5,411,500
72$7,848,555$0$0$5,838,675
73$8,473,303$0$0$6,305,491
74$9,156,238$0$0$6,815,867
75$9,903,120$0$0$7,374,119
76$10,720,292$0$0$7,984,998
77$11,614,738$0$0$8,653,736
78$12,594,147$0$0$9,386,095
79$13,666,990$0$0$10,188,420
80$14,842,592$0$0$11,067,698
81$16,131,226$0$0$12,031,623
82$17,544,202$0$0$13,088,672
83$19,093,981$0$0$14,248,180
84$20,794,286$0$0$15,520,428
85$22,660,233$0$0$16,916,742
86$24,708,472$0$0$18,449,596
87$26,957,344$0$0$20,132,733
88$29,427,051$0$0$21,981,290
89$32,139,851$0$0$24,011,944
90$35,120,260$0$0$26,243,063
91$38,395,288$0$0$28,694,887
92$41,994,691$0$0$31,389,710
93$45,951,251$0$0$34,352,095
94$50,301,082$0$0$37,609,104
95$55,083,974$0$0$41,190,550
96$60,343,765$0$0$45,129,281
97$66,128,753$0$0$49,461,487
98$72,492,153$0$0$54,227,042
99$79,492,595$0$0$59,469,880
100$87,194,679$0$0$65,238,404