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%16.8%
1 years$71,183$70,549$69,930$69,327$68,737$66,832
2 years$35,239$34,583$33,947$33,330$32,732$30,826
3 years$23,259$22,600$21,966$21,355$20,766$18,921
4 years$17,271$16,614$15,986$15,385$14,811$13,039
5 years$13,678$13,025$12,405$11,817$11,259$9,565
6 years$11,284$10,636$10,025$9,450$8,909$7,296
7 years$9,575$8,932$8,331$7,770$7,245$5,712
8 years$8,294$7,657$7,065$6,518$6,011$4,557
9 years$7,297$6,666$6,086$5,552$5,062$3,687
10 years$6,501$5,876$5,305$4,786$4,313$3,014
11 years$5,850$5,231$4,671$4,165$3,709$2,484
12 years$5,307$4,695$4,145$3,653$3,214$2,062
13 years$4,849$4,243$3,704$3,225$2,803$1,720
14 years$4,456$3,857$3,328$2,863$2,457$1,441
15 years$4,116$3,523$3,004$2,553$2,163$1,211
16 years$3,819$3,233$2,724$2,286$1,912$1,021
17 years$3,557$2,977$2,479$2,054$1,695$863
18 years$3,324$2,751$2,263$1,851$1,507$731
19 years$3,117$2,550$2,071$1,673$1,344$620
20 years$2,930$2,369$1,901$1,515$1,200$526
21 years$2,761$2,207$1,749$1,375$1,074$448
22 years$2,608$2,060$1,612$1,250$963$381
23 years$2,468$1,927$1,488$1,138$864$325
24 years$2,340$1,805$1,376$1,038$777$277
25 years$2,222$1,694$1,275$948$699$236
26 years$2,114$1,592$1,182$867$630$202
27 years$2,014$1,498$1,098$794$568$172
28 years$1,921$1,412$1,020$727$512$147
29 years$1,835$1,332$950$667$462$126
30 years$1,755$1,258$885$612$418$107
31 years$1,680$1,189$825$562$378$92
32 years$1,609$1,125$769$517$342$79
33 years$1,544$1,066$718$475$309$67
34 years$1,482$1,010$671$437$280$57
35 years$1,424$958$628$402$254$49
36 years$1,369$909$587$371$230$42
37 years$1,317$863$549$341$208$36
38 years$1,269$821$515$315$189$31
39 years$1,222$780$482$290$171$26
40 years$1,178$742$452$268$155$23
41 years$1,137$707$424$247$141$19
42 years$1,097$673$397$228$128$17
43 years$1,060$641$373$210$116$14
44 years$1,024$611$350$194$105$12
45 years$990$583$329$179$96$10
46 years$958$556$309$166$87$9
47 years$927$531$290$153$79$8
48 years$897$507$273$141$72$7
49 years$869$484$256$131$65$6
50 years$842$462$241$121$59$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $862,000, adding $5,573 every year, while hoping to spend $39,966 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: 56/15/29 Blend
34$862,000$862,000$862,000$862,000
35$955,673$909,987$896,626$1,001,257
36$1,010,628$912,052$884,139$1,035,334
37$1,069,849$912,880$869,895$1,067,841
38$1,133,729$912,366$853,791$1,102,458
39$1,202,699$910,402$835,724$1,139,402
40$1,277,234$906,872$815,580$1,178,916
41$1,357,856$901,652$793,246$1,221,266
42$1,445,136$894,613$768,599$1,266,750
43$1,539,706$885,615$741,513$1,315,697
44$1,642,258$874,512$711,855$1,368,471
45$1,753,553$861,148$679,488$1,425,477
46$1,874,430$845,358$644,265$1,487,163
47$2,005,810$826,968$606,035$1,554,024
48$2,148,706$805,793$564,641$1,626,609
49$2,304,234$781,637$519,916$1,705,527
50$2,473,621$754,293$471,689$1,791,451
51$2,658,218$723,541$419,778$1,885,126
52$2,859,511$689,150$363,996$1,987,376
53$3,079,136$650,872$304,144$2,099,112
54$3,318,893$608,450$240,018$2,221,345
55$3,580,764$561,609$171,403$2,355,189
56$3,866,932$510,057$98,075$2,501,879
57$4,179,798$453,489$19,799$2,662,778
58$4,522,007$391,580$0$2,839,395
59$4,896,471$323,987$0$3,053,118
60$5,306,398$250,348$0$3,293,888
61$5,755,317$170,282$0$3,557,691
62$6,247,117$83,383$0$3,846,861
63$6,786,080$0$0$4,163,974
64$7,376,924$0$0$4,513,647
65$8,024,841$0$0$4,912,268
66$8,735,553$0$0$5,349,602
67$9,515,361$0$0$5,829,536
68$10,371,207$0$0$6,356,354
69$11,310,734$0$0$6,934,772
70$12,342,367$0$0$7,569,986
71$13,475,380$0$0$8,267,719
72$14,719,995$0$0$9,034,277
73$16,087,470$0$0$9,876,607
74$17,590,207$0$0$10,802,361
75$19,241,871$0$0$11,819,969
76$21,057,514$0$0$12,938,719
77$23,053,722$0$0$14,168,846
78$25,248,765$0$0$15,521,622
79$27,662,776$0$0$17,009,469
80$30,317,932$0$0$18,646,073
81$33,238,671$0$0$20,446,512
82$36,451,918$0$0$22,427,400
83$39,987,337$0$0$24,607,042
84$43,877,614$0$0$27,005,607
85$48,158,764$0$0$29,645,317
86$52,870,469$0$0$32,550,660
87$58,056,452$0$0$35,748,616
88$63,764,891$0$0$39,268,914
89$70,048,872$0$0$43,144,312
90$76,966,887$0$0$47,410,903
91$84,583,391$0$0$52,108,463
92$92,969,403$0$0$57,280,815
93$102,203,181$0$0$62,976,251
94$112,370,958$0$0$69,247,985
95$123,567,754$0$0$76,154,653
96$135,898,274$0$0$83,760,867
97$149,477,896$0$0$92,137,826
98$164,433,757$0$0$101,363,986
99$180,905,952$0$0$111,525,799
100$199,048,859$0$0$122,718,531