Can I retire at age 35 with 862,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $862,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.5%
1 years$71,183$70,549$69,930$69,327$68,737$67,460
2 years$35,239$34,583$33,947$33,330$32,732$31,450
3 years$23,259$22,600$21,966$21,355$20,766$19,519
4 years$17,271$16,614$15,986$15,385$14,811$13,609
5 years$13,678$13,025$12,405$11,817$11,259$10,105
6 years$11,284$10,636$10,025$9,450$8,909$7,804
7 years$9,575$8,932$8,331$7,770$7,245$6,190
8 years$8,294$7,657$7,065$6,518$6,011$5,005
9 years$7,297$6,666$6,086$5,552$5,062$4,105
10 years$6,501$5,876$5,305$4,786$4,313$3,405
11 years$5,850$5,231$4,671$4,165$3,709$2,848
12 years$5,307$4,695$4,145$3,653$3,214$2,399
13 years$4,849$4,243$3,704$3,225$2,803$2,032
14 years$4,456$3,857$3,328$2,863$2,457$1,729
15 years$4,116$3,523$3,004$2,553$2,163$1,477
16 years$3,819$3,233$2,724$2,286$1,912$1,266
17 years$3,557$2,977$2,479$2,054$1,695$1,088
18 years$3,324$2,751$2,263$1,851$1,507$937
19 years$3,117$2,550$2,071$1,673$1,344$808
20 years$2,930$2,369$1,901$1,515$1,200$699
21 years$2,761$2,207$1,749$1,375$1,074$605
22 years$2,608$2,060$1,612$1,250$963$524
23 years$2,468$1,927$1,488$1,138$864$455
24 years$2,340$1,805$1,376$1,038$777$395
25 years$2,222$1,694$1,275$948$699$343
26 years$2,114$1,592$1,182$867$630$298
27 years$2,014$1,498$1,098$794$568$259
28 years$1,921$1,412$1,020$727$512$226
29 years$1,835$1,332$950$667$462$197
30 years$1,755$1,258$885$612$418$171
31 years$1,680$1,189$825$562$378$149
32 years$1,609$1,125$769$517$342$130
33 years$1,544$1,066$718$475$309$113
34 years$1,482$1,010$671$437$280$99
35 years$1,424$958$628$402$254$86
36 years$1,369$909$587$371$230$75
37 years$1,317$863$549$341$208$66
38 years$1,269$821$515$315$189$57
39 years$1,222$780$482$290$171$50
40 years$1,178$742$452$268$155$44
41 years$1,137$707$424$247$141$38
42 years$1,097$673$397$228$128$33
43 years$1,060$641$373$210$116$29
44 years$1,024$611$350$194$105$25
45 years$990$583$329$179$96$22
46 years$958$556$309$166$87$19
47 years$927$531$290$153$79$17
48 years$897$507$273$141$72$15
49 years$869$484$256$131$65$13
50 years$842$462$241$121$59$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $862,000, adding $2,575 every year, while hoping to spend $49,002 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: 73/17/10 Blend
34$862,000$862,000$862,000$862,000
35$952,580$906,894$893,533$1,020,157
36$997,606$899,194$871,329$1,057,430
37$1,045,581$889,475$846,738$1,091,891
38$1,096,756$877,585$819,630$1,128,284
39$1,151,404$863,365$789,866$1,166,784
40$1,209,823$846,646$757,302$1,207,588
41$1,272,342$827,248$721,788$1,250,912
42$1,339,319$804,982$683,167$1,296,996
43$1,411,150$779,647$641,274$1,346,104
44$1,488,268$751,029$595,937$1,398,529
45$1,571,146$718,905$546,976$1,454,594
46$1,660,307$683,035$494,203$1,514,657
47$1,756,323$643,169$437,424$1,579,113
48$1,859,823$599,038$376,432$1,648,400
49$1,971,496$550,363$311,014$1,723,001
50$2,092,103$496,845$240,947$1,803,450
51$2,222,476$438,168$165,997$1,890,339
52$2,363,532$374,002$85,921$1,984,319
53$2,516,278$303,994$465$2,086,113
54$2,681,821$227,773$0$2,196,518
55$2,861,380$144,947$0$2,326,097
56$3,056,293$55,101$0$2,466,823
57$3,268,034$0$0$2,619,756
58$3,498,222$0$0$2,794,009
59$3,748,639$0$0$2,994,825
60$4,021,248$0$0$3,213,472
61$4,318,206$0$0$3,451,687
62$4,641,888$0$0$3,711,379
63$4,994,906$0$0$3,994,648
64$5,380,138$0$0$4,303,810
65$5,800,750$0$0$4,641,410
66$6,260,227$0$0$5,010,252
67$6,762,407$0$0$5,413,421
68$7,311,513$0$0$5,854,315
69$7,912,197$0$0$6,336,676
70$8,569,581$0$0$6,864,621
71$9,289,304$0$0$7,442,687
72$10,077,576$0$0$8,075,870
73$10,941,236$0$0$8,769,668
74$11,887,815$0$0$9,530,141
75$12,925,607$0$0$10,363,961
76$14,063,750$0$0$11,278,475
77$15,312,305$0$0$12,281,777
78$16,682,355$0$0$13,382,782
79$18,186,108$0$0$14,591,310
80$19,837,012$0$0$15,918,177
81$21,649,880$0$0$17,375,300
82$23,641,029$0$0$18,975,803
83$25,828,436$0$0$20,734,147
84$28,231,903$0$0$22,666,260
85$30,873,245$0$0$24,789,692
86$33,776,498$0$0$27,123,774
87$36,968,140$0$0$29,689,808
88$40,477,341$0$0$32,511,259
89$44,336,243$0$0$35,613,980
90$48,580,254$0$0$39,026,455
91$53,248,388$0$0$42,780,068
92$58,383,630$0$0$46,909,397
93$64,033,340$0$0$51,452,538
94$70,249,699$0$0$56,451,469
95$77,090,203$0$0$61,952,441
96$84,618,202$0$0$68,006,413
97$92,903,498$0$0$74,669,538
98$102,023,002$0$0$82,003,685
99$112,061,462$0$0$90,077,027
100$123,112,256$0$0$98,964,683