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%13.6%
1 years$70,110$69,485$68,876$68,281$67,700$66,689
2 years$34,708$34,061$33,435$32,827$32,238$31,221
3 years$22,909$22,259$21,635$21,033$20,453$19,463
4 years$17,010$16,363$15,744$15,153$14,587$13,631
5 years$13,472$12,829$12,218$11,639$11,089$10,169
6 years$11,114$10,476$9,874$9,308$8,774$7,892
7 years$9,431$8,797$8,206$7,652$7,136$6,292
8 years$8,168$7,541$6,959$6,419$5,920$5,114
9 years$7,187$6,566$5,994$5,468$4,985$4,217
10 years$6,403$5,787$5,225$4,713$4,248$3,516
11 years$5,761$5,152$4,600$4,102$3,653$2,958
12 years$5,227$4,624$4,083$3,598$3,166$2,506
13 years$4,776$4,179$3,648$3,177$2,761$2,136
14 years$4,389$3,799$3,277$2,820$2,420$1,828
15 years$4,054$3,470$2,959$2,515$2,131$1,572
16 years$3,761$3,184$2,683$2,252$1,883$1,355
17 years$3,503$2,932$2,441$2,023$1,670$1,172
18 years$3,274$2,709$2,229$1,823$1,485$1,016
19 years$3,070$2,511$2,040$1,647$1,323$883
20 years$2,885$2,333$1,872$1,492$1,182$768
21 years$2,719$2,174$1,722$1,354$1,058$669
22 years$2,568$2,029$1,587$1,231$948$584
23 years$2,431$1,898$1,466$1,121$851$510
24 years$2,305$1,778$1,355$1,023$765$446
25 years$2,189$1,668$1,255$934$688$390
26 years$2,082$1,568$1,164$854$620$342
27 years$1,984$1,476$1,081$782$559$300
28 years$1,892$1,391$1,005$716$504$263
29 years$1,807$1,312$935$657$455$230
30 years$1,728$1,239$871$603$412$202
31 years$1,654$1,171$812$554$372$178
32 years$1,585$1,108$758$509$337$156
33 years$1,520$1,049$708$468$305$137
34 years$1,460$995$661$430$276$120
35 years$1,402$943$618$396$250$106
36 years$1,348$895$578$365$226$93
37 years$1,298$850$541$336$205$82
38 years$1,249$808$507$310$186$72
39 years$1,204$769$475$286$169$63
40 years$1,161$731$445$264$153$56
41 years$1,120$696$417$243$139$49
42 years$1,081$663$391$224$126$43
43 years$1,044$632$367$207$114$38
44 years$1,009$602$345$191$104$33
45 years$975$574$324$177$94$29
46 years$943$548$304$163$86$26
47 years$913$523$286$151$78$23
48 years$884$499$268$139$71$20
49 years$856$476$252$129$64$18
50 years$829$455$237$119$58$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $849,000, adding $5,377 every year, while hoping to spend $49,603 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: 24/49/27 Blend
34$849,000$849,000$849,000$849,000
35$941,144$896,147$882,988$955,617
36$984,364$887,281$859,791$959,373
37$1,030,329$876,318$834,154$958,837
38$1,079,268$863,104$805,944$957,214
39$1,131,430$847,472$775,019$954,448
40$1,187,088$829,250$741,235$950,479
41$1,246,541$808,254$704,436$945,251
42$1,310,117$784,287$664,463$938,704
43$1,378,175$757,143$621,149$930,780
44$1,451,109$726,603$574,318$921,423
45$1,529,352$692,437$523,787$910,577
46$1,613,378$654,398$469,366$898,189
47$1,703,708$612,229$410,855$884,207
48$1,800,913$565,655$348,045$868,584
49$1,905,621$514,387$280,720$851,276
50$2,018,521$458,118$208,650$832,246
51$2,140,370$396,526$131,600$811,461
52$2,272,001$329,269$49,322$788,897
53$2,414,327$255,985$0$764,538
54$2,568,355$176,294$0$749,465
55$2,735,187$89,793$0$748,482
56$2,916,039$0$0$747,469
57$3,112,248$0$0$748,672
58$3,325,280$0$0$802,670
59$3,556,753$0$0$861,470
60$3,808,444$0$0$925,542
61$4,082,307$0$0$995,399
62$4,380,494$0$0$1,071,609
63$4,705,373$0$0$1,154,794
64$5,059,549$0$0$1,245,641
65$5,445,889$0$0$1,344,907
66$5,867,549$0$0$1,453,421
67$6,328,003$0$0$1,572,102
68$6,831,075$0$0$1,701,956
69$7,380,975$0$0$1,844,095
70$7,982,339$0$0$1,999,741
71$8,640,269$0$0$2,170,240
72$9,360,387$0$0$2,357,076
73$10,148,878$0$0$2,561,882
74$11,012,559$0$0$2,786,456
75$11,958,932$0$0$3,032,779
76$12,996,263$0$0$3,303,034
77$14,133,653$0$0$3,599,623
78$15,381,129$0$0$3,925,194
79$16,749,730$0$0$4,282,664
80$18,251,621$0$0$4,675,243
81$19,900,197$0$0$5,106,472
82$21,710,215$0$0$5,580,249
83$23,697,931$0$0$6,100,868
84$25,881,253$0$0$6,673,060
85$28,279,907$0$0$7,302,037
86$30,915,624$0$0$7,993,543
87$33,812,347$0$0$8,753,903
88$36,996,450$0$0$9,590,087
89$40,496,991$0$0$10,509,776
90$44,345,986$0$0$11,521,431
91$48,578,704$0$0$12,634,374
92$53,234,006$0$0$13,858,876
93$58,354,708$0$0$15,206,255
94$63,987,983$0$0$16,688,980
95$70,185,806$0$0$18,320,792
96$77,005,446$0$0$20,116,829
97$84,510,000$0$0$22,093,772
98$92,768,994$0$0$24,270,001
99$101,859,032$0$0$26,665,770
100$111,864,525$0$0$29,303,395