Can I retire at age 35 with 874,000?

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 $874,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.5%
1 years$72,174$71,531$70,904$70,292$69,694$67,302
2 years$35,730$35,064$34,419$33,794$33,188$30,802
3 years$23,583$22,915$22,272$21,652$21,056$18,751
4 years$17,511$16,845$16,208$15,599$15,017$12,811
5 years$13,869$13,207$12,578$11,982$11,416$9,315
6 years$11,441$10,784$10,165$9,582$9,033$7,039
7 years$9,708$9,057$8,447$7,878$7,346$5,458
8 years$8,409$7,763$7,164$6,608$6,094$4,311
9 years$7,399$6,759$6,170$5,629$5,132$3,451
10 years$6,591$5,958$5,379$4,852$4,373$2,792
11 years$5,931$5,304$4,736$4,223$3,761$2,276
12 years$5,381$4,761$4,203$3,704$3,259$1,868
13 years$4,916$4,302$3,755$3,270$2,842$1,540
14 years$4,518$3,911$3,374$2,903$2,491$1,275
15 years$4,174$3,572$3,046$2,589$2,194$1,059
16 years$3,872$3,278$2,762$2,318$1,939$882
17 years$3,607$3,019$2,513$2,083$1,719$736
18 years$3,371$2,789$2,294$1,877$1,528$615
19 years$3,160$2,585$2,100$1,696$1,362$515
20 years$2,970$2,402$1,927$1,536$1,217$432
21 years$2,799$2,238$1,773$1,394$1,089$363
22 years$2,644$2,089$1,634$1,268$976$305
23 years$2,502$1,953$1,509$1,154$876$256
24 years$2,372$1,830$1,395$1,053$788$215
25 years$2,253$1,718$1,292$962$709$181
26 years$2,144$1,614$1,199$879$638$153
27 years$2,042$1,519$1,113$805$576$129
28 years$1,948$1,432$1,035$737$519$108
29 years$1,861$1,351$963$676$469$91
30 years$1,779$1,275$897$620$424$77
31 years$1,703$1,206$836$570$383$65
32 years$1,632$1,141$780$524$346$55
33 years$1,565$1,080$728$482$314$46
34 years$1,503$1,024$681$443$284$39
35 years$1,444$971$636$408$257$33
36 years$1,388$922$595$376$233$28
37 years$1,336$876$557$346$211$23
38 years$1,286$832$522$319$191$20
39 years$1,239$791$489$294$174$17
40 years$1,195$753$458$271$157$14
41 years$1,153$717$430$250$143$12
42 years$1,113$682$403$231$130$10
43 years$1,075$650$378$213$118$8
44 years$1,038$620$355$197$107$7
45 years$1,004$591$333$182$97$6
46 years$971$564$313$168$88$5
47 years$940$538$294$155$80$4
48 years$910$514$276$143$73$4
49 years$881$490$260$133$66$3
50 years$853$469$244$123$60$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $874,000, adding $5,015 every year, while hoping to spend $38,964 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: 48/30/22 Blend
34$874,000$874,000$874,000$874,000
35$968,321$921,999$908,452$1,008,543
36$1,025,632$925,720$897,428$1,040,835
37$1,087,484$928,316$884,728$1,071,575
38$1,154,296$929,694$870,256$1,104,155
39$1,226,535$929,749$853,910$1,138,765
40$1,304,708$928,373$835,583$1,175,618
41$1,389,377$925,452$815,164$1,214,947
42$1,481,157$920,863$792,535$1,257,014
43$1,580,726$914,476$767,576$1,302,109
44$1,688,828$906,153$740,157$1,350,552
45$1,806,283$895,749$710,147$1,402,703
46$1,933,992$883,109$677,405$1,458,956
47$2,072,946$868,068$641,785$1,519,751
48$2,224,237$850,454$603,136$1,585,578
49$2,389,065$830,082$561,296$1,656,975
50$2,568,751$806,757$516,101$1,734,545
51$2,764,749$780,274$467,376$1,818,950
52$2,978,659$750,413$414,939$1,910,928
53$3,212,243$716,944$358,600$2,011,294
54$3,467,440$679,623$298,161$2,120,954
55$3,746,385$638,191$233,416$2,240,907
56$4,051,428$592,374$164,147$2,372,261
57$4,385,158$541,884$90,130$2,516,245
58$4,750,423$486,415$11,128$2,674,215
59$5,150,361$425,645$0$2,847,674
60$5,588,428$359,232$0$3,055,462
61$6,068,429$286,816$0$3,286,144
62$6,594,555$208,015$0$3,539,201
63$7,171,420$122,429$0$3,816,949
64$7,804,109$29,631$0$4,121,941
65$8,498,220$0$0$4,456,997
66$9,259,920$0$0$4,848,612
67$10,096,002$0$0$5,289,306
68$11,013,949$0$0$5,773,255
69$12,022,003$0$0$6,304,816
70$13,129,245$0$0$6,888,790
71$14,345,677$0$0$7,530,469
72$15,682,318$0$0$8,235,677
73$17,151,309$0$0$9,010,835
74$18,766,022$0$0$9,863,016
75$20,541,192$0$0$10,800,011
76$22,493,052$0$0$11,830,406
77$24,639,487$0$0$12,963,657
78$27,000,201$0$0$14,210,186
79$29,596,903$0$0$15,581,475
80$32,453,514$0$0$17,090,173
81$35,596,387$0$0$18,750,219
82$39,054,560$0$0$20,576,971
83$42,860,028$0$0$22,587,350
84$47,048,045$0$0$24,800,000
85$51,657,452$0$0$27,235,467
86$56,731,049$0$0$29,916,385
87$62,315,996$0$0$32,867,699
88$68,464,257$0$0$36,116,891
89$75,233,090$0$0$39,694,247
90$82,685,586$0$0$43,633,136
91$90,891,266$0$0$47,970,330
92$99,926,736$0$0$52,746,345
93$109,876,408$0$0$58,005,830
94$120,833,295$0$0$63,797,982
95$132,899,895$0$0$70,177,013
96$146,189,148$0$0$77,202,663
97$160,825,510$0$0$84,940,758
98$176,946,119$0$0$93,463,836
99$194,702,098$0$0$102,851,831
100$214,259,972$0$0$113,192,823