Can I retire at age 35 with 879,000?

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 $879,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.2%
1 years$72,587$71,940$71,310$70,694$70,093$68,315
2 years$35,934$35,265$34,616$33,987$33,377$31,598
3 years$23,718$23,046$22,399$21,776$21,176$19,451
4 years$17,611$16,941$16,301$15,688$15,103$13,445
5 years$13,948$13,282$12,650$12,050$11,481$9,894
6 years$11,507$10,846$10,223$9,637$9,085$7,571
7 years$9,764$9,108$8,495$7,923$7,388$5,948
8 years$8,457$7,808$7,205$6,646$6,129$4,762
9 years$7,441$6,798$6,206$5,661$5,162$3,866
10 years$6,629$5,992$5,410$4,880$4,398$3,173
11 years$5,965$5,334$4,763$4,247$3,782$2,626
12 years$5,412$4,788$4,227$3,725$3,278$2,187
13 years$4,945$4,327$3,777$3,289$2,858$1,832
14 years$4,544$3,933$3,393$2,919$2,506$1,541
15 years$4,197$3,593$3,064$2,604$2,206$1,301
16 years$3,894$3,296$2,778$2,331$1,950$1,101
17 years$3,627$3,036$2,528$2,095$1,729$935
18 years$3,390$2,805$2,307$1,888$1,537$795
19 years$3,178$2,600$2,112$1,706$1,370$678
20 years$2,987$2,416$1,939$1,545$1,224$578
21 years$2,815$2,250$1,783$1,402$1,095$494
22 years$2,659$2,101$1,643$1,275$982$422
23 years$2,516$1,965$1,517$1,161$881$362
24 years$2,386$1,841$1,403$1,059$792$310
25 years$2,266$1,727$1,300$967$713$266
26 years$2,156$1,624$1,205$884$642$228
27 years$2,054$1,528$1,119$809$579$195
28 years$1,959$1,440$1,041$742$522$168
29 years$1,871$1,358$968$680$472$144
30 years$1,789$1,283$902$624$426$124
31 years$1,713$1,213$841$573$385$106
32 years$1,641$1,147$785$527$348$91
33 years$1,574$1,087$733$484$315$79
34 years$1,511$1,030$684$446$286$68
35 years$1,452$977$640$410$259$58
36 years$1,396$927$599$378$234$50
37 years$1,343$881$560$348$212$43
38 years$1,294$837$525$321$193$37
39 years$1,246$796$492$296$175$32
40 years$1,202$757$461$273$158$27
41 years$1,159$721$432$252$144$24
42 years$1,119$686$405$232$130$20
43 years$1,081$654$380$214$118$17
44 years$1,044$623$357$198$107$15
45 years$1,010$594$335$183$97$13
46 years$977$567$315$169$89$11
47 years$945$541$296$156$80$10
48 years$915$517$278$144$73$8
49 years$886$493$261$133$66$7
50 years$858$471$246$123$60$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $879,000, adding $5,191 every year, while hoping to spend $52,598 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: 62/18/20 Blend
34$879,000$879,000$879,000$879,000
35$974,013$927,426$913,801$1,029,062
36$1,017,398$916,906$888,449$1,056,307
37$1,063,446$904,107$860,486$1,079,711
38$1,112,372$888,863$829,767$1,104,055
39$1,164,413$870,997$796,143$1,129,436
40$1,219,828$850,320$759,459$1,155,963
41$1,278,899$826,635$719,549$1,183,758
42$1,341,937$799,730$676,244$1,212,959
43$1,409,281$769,383$629,365$1,243,719
44$1,481,305$735,360$578,726$1,276,209
45$1,558,415$697,409$524,130$1,310,621
46$1,641,060$655,269$465,375$1,347,169
47$1,729,731$608,660$402,248$1,386,093
48$1,824,967$557,288$334,527$1,427,659
49$1,927,359$500,841$261,979$1,472,165
50$2,037,557$438,989$184,363$1,519,942
51$2,156,274$371,386$101,425$1,571,360
52$2,284,292$297,662$12,901$1,626,831
53$2,422,474$217,431$0$1,686,811
54$2,571,762$130,282$0$1,769,218
55$2,733,198$35,781$0$1,861,279
56$2,907,922$0$0$1,960,933
57$3,097,190$0$0$2,082,123
58$3,302,382$0$0$2,221,248
59$3,525,016$0$0$2,372,255
60$3,766,762$0$0$2,536,286
61$4,029,454$0$0$2,714,592
62$4,315,113$0$0$2,908,553
63$4,625,961$0$0$3,119,687
64$4,964,443$0$0$3,349,661
65$5,333,248$0$0$3,600,313
66$5,735,339$0$0$3,873,665
67$6,173,973$0$0$4,171,941
68$6,652,737$0$0$4,497,591
69$7,175,579$0$0$4,853,311
70$7,746,845$0$0$5,242,069
71$8,371,320$0$0$5,667,133
72$9,054,272$0$0$6,132,099
73$9,801,501$0$0$6,640,930
74$10,619,393$0$0$7,197,988
75$11,514,982$0$0$7,808,076
76$12,496,012$0$0$8,476,483
77$13,571,012$0$0$9,209,035
78$14,749,375$0$0$10,012,148
79$16,041,445$0$0$10,892,888
80$17,458,617$0$0$11,859,038
81$19,013,440$0$0$12,919,169
82$20,719,738$0$0$14,082,726
83$22,592,736$0$0$15,360,107
84$24,649,207$0$0$16,762,772
85$26,907,627$0$0$18,303,340
86$29,388,347$0$0$19,995,715
87$32,113,790$0$0$21,855,213
88$35,108,654$0$0$23,898,709
89$38,400,151$0$0$26,144,790
90$42,018,259$0$0$28,613,937
91$45,996,005$0$0$31,328,711
92$50,369,774$0$0$34,313,971
93$55,179,658$0$0$37,597,105
94$60,469,822$0$0$41,208,285
95$66,288,931$0$0$45,180,759
96$72,690,601$0$0$49,551,156
97$79,733,909$0$0$54,359,835
98$87,483,943$0$0$59,651,265
99$96,012,421$0$0$65,474,443
100$105,398,365$0$0$71,883,355