Can I retire at age 35 with 862,000?

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 $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%15%
1 years$71,183$70,549$69,930$69,327$68,737$67,322
2 years$35,239$34,583$33,947$33,330$32,732$31,312
3 years$23,259$22,600$21,966$21,355$20,766$19,387
4 years$17,271$16,614$15,986$15,385$14,811$13,482
5 years$13,678$13,025$12,405$11,817$11,259$9,985
6 years$11,284$10,636$10,025$9,450$8,909$7,691
7 years$9,575$8,932$8,331$7,770$7,245$6,083
8 years$8,294$7,657$7,065$6,518$6,011$4,904
9 years$7,297$6,666$6,086$5,552$5,062$4,011
10 years$6,501$5,876$5,305$4,786$4,313$3,316
11 years$5,850$5,231$4,671$4,165$3,709$2,765
12 years$5,307$4,695$4,145$3,653$3,214$2,321
13 years$4,849$4,243$3,704$3,225$2,803$1,960
14 years$4,456$3,857$3,328$2,863$2,457$1,662
15 years$4,116$3,523$3,004$2,553$2,163$1,415
16 years$3,819$3,233$2,724$2,286$1,912$1,208
17 years$3,557$2,977$2,479$2,054$1,695$1,035
18 years$3,324$2,751$2,263$1,851$1,507$888
19 years$3,117$2,550$2,071$1,673$1,344$763
20 years$2,930$2,369$1,901$1,515$1,200$657
21 years$2,761$2,207$1,749$1,375$1,074$567
22 years$2,608$2,060$1,612$1,250$963$489
23 years$2,468$1,927$1,488$1,138$864$423
24 years$2,340$1,805$1,376$1,038$777$366
25 years$2,222$1,694$1,275$948$699$316
26 years$2,114$1,592$1,182$867$630$274
27 years$2,014$1,498$1,098$794$568$237
28 years$1,921$1,412$1,020$727$512$206
29 years$1,835$1,332$950$667$462$178
30 years$1,755$1,258$885$612$418$155
31 years$1,680$1,189$825$562$378$134
32 years$1,609$1,125$769$517$342$117
33 years$1,544$1,066$718$475$309$101
34 years$1,482$1,010$671$437$280$88
35 years$1,424$958$628$402$254$76
36 years$1,369$909$587$371$230$66
37 years$1,317$863$549$341$208$58
38 years$1,269$821$515$315$189$50
39 years$1,222$780$482$290$171$44
40 years$1,178$742$452$268$155$38
41 years$1,137$707$424$247$141$33
42 years$1,097$673$397$228$128$29
43 years$1,060$641$373$210$116$25
44 years$1,024$611$350$194$105$22
45 years$990$583$329$179$96$19
46 years$958$556$309$166$87$16
47 years$927$531$290$153$79$14
48 years$897$507$273$141$72$12
49 years$869$484$256$131$65$11
50 years$842$462$241$121$59$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $862,000, adding $6,270 every year, while hoping to spend $45,598 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: 58/27/15 Blend
34$862,000$862,000$862,000$862,000
35$956,392$910,706$897,345$1,007,836
36$1,005,428$906,814$878,890$1,039,472
37$1,057,937$901,204$858,288$1,068,369
38$1,114,226$893,742$835,420$1,098,811
39$1,174,630$884,289$810,160$1,130,951
40$1,239,519$872,695$782,377$1,164,964
41$1,309,296$858,803$751,932$1,201,043
42$1,384,405$842,446$718,684$1,239,401
43$1,465,335$823,447$682,480$1,280,277
44$1,552,621$801,617$643,165$1,323,936
45$1,646,852$776,760$600,574$1,370,673
46$1,748,674$748,664$554,536$1,420,815
47$1,858,797$717,107$504,872$1,474,726
48$1,978,004$681,855$451,395$1,532,810
49$2,107,152$642,658$393,909$1,595,514
50$2,247,187$599,253$332,209$1,663,337
51$2,399,146$551,362$266,084$1,736,831
52$2,564,171$498,691$195,310$1,816,607
53$2,743,518$440,929$119,655$1,903,344
54$2,938,570$377,747$38,876$1,997,796
55$3,150,846$308,799$0$2,100,797
56$3,382,019$233,717$0$2,220,845
57$3,633,930$152,115$0$2,358,524
58$3,908,605$63,582$0$2,508,783
59$4,208,274$0$0$2,672,924
60$4,535,389$0$0$2,861,987
61$4,892,654$0$0$3,089,176
62$5,283,041$0$0$3,337,498
63$5,709,824$0$0$3,609,046
64$6,176,609$0$0$3,906,122
65$6,687,364$0$0$4,231,262
66$7,246,459$0$0$4,587,258
67$7,858,707$0$0$4,977,184
68$8,529,407$0$0$5,404,426
69$9,264,396$0$0$5,872,714
70$10,070,100$0$0$6,386,153
71$10,953,600$0$0$6,949,268
72$11,922,692$0$0$7,567,040
73$12,985,963$0$0$8,244,956
74$14,152,874$0$0$8,989,062
75$15,433,843$0$0$9,806,014
76$16,840,349$0$0$10,703,148
77$18,385,034$0$0$11,688,542
78$20,081,826$0$0$12,771,097
79$21,946,069$0$0$13,960,618
80$23,994,666$0$0$15,267,906
81$26,246,237$0$0$16,704,862
82$28,721,299$0$0$18,284,596
83$31,442,452$0$0$20,021,551
84$34,434,597$0$0$21,931,642
85$37,725,170$0$0$24,032,401
86$41,344,395$0$0$26,343,144
87$45,325,576$0$0$28,885,156
88$49,705,405$0$0$31,681,885
89$54,524,310$0$0$34,759,170
90$59,826,835$0$0$38,145,479
91$65,662,062$0$0$41,872,179
92$72,084,067$0$0$45,973,832
93$79,152,437$0$0$50,488,520
94$86,932,829$0$0$55,458,204
95$95,497,587$0$0$60,929,123
96$104,926,424$0$0$66,952,221
97$115,307,178$0$0$73,583,638
98$126,736,633$0$0$80,885,232
99$139,321,439$0$0$88,925,164
100$153,179,112$0$0$97,778,543