Can I retire at age 35 with 879,000?

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 $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%13.7%
1 years$72,587$71,940$71,310$70,694$70,093$69,017
2 years$35,934$35,265$34,616$33,987$33,377$32,296
3 years$23,718$23,046$22,399$21,776$21,176$20,123
4 years$17,611$16,941$16,301$15,688$15,103$14,086
5 years$13,948$13,282$12,650$12,050$11,481$10,503
6 years$11,507$10,846$10,223$9,637$9,085$8,147
7 years$9,764$9,108$8,495$7,923$7,388$6,492
8 years$8,457$7,808$7,205$6,646$6,129$5,273
9 years$7,441$6,798$6,206$5,661$5,162$4,346
10 years$6,629$5,992$5,410$4,880$4,398$3,622
11 years$5,965$5,334$4,763$4,247$3,782$3,045
12 years$5,412$4,788$4,227$3,725$3,278$2,578
13 years$4,945$4,327$3,777$3,289$2,858$2,195
14 years$4,544$3,933$3,393$2,919$2,506$1,878
15 years$4,197$3,593$3,064$2,604$2,206$1,613
16 years$3,894$3,296$2,778$2,331$1,950$1,390
17 years$3,627$3,036$2,528$2,095$1,729$1,201
18 years$3,390$2,805$2,307$1,888$1,537$1,041
19 years$3,178$2,600$2,112$1,706$1,370$903
20 years$2,987$2,416$1,939$1,545$1,224$785
21 years$2,815$2,250$1,783$1,402$1,095$684
22 years$2,659$2,101$1,643$1,275$982$596
23 years$2,516$1,965$1,517$1,161$881$521
24 years$2,386$1,841$1,403$1,059$792$455
25 years$2,266$1,727$1,300$967$713$398
26 years$2,156$1,624$1,205$884$642$348
27 years$2,054$1,528$1,119$809$579$305
28 years$1,959$1,440$1,041$742$522$267
29 years$1,871$1,358$968$680$472$234
30 years$1,789$1,283$902$624$426$205
31 years$1,713$1,213$841$573$385$180
32 years$1,641$1,147$785$527$348$158
33 years$1,574$1,087$733$484$315$139
34 years$1,511$1,030$684$446$286$122
35 years$1,452$977$640$410$259$107
36 years$1,396$927$599$378$234$94
37 years$1,343$881$560$348$212$82
38 years$1,294$837$525$321$193$72
39 years$1,246$796$492$296$175$64
40 years$1,202$757$461$273$158$56
41 years$1,159$721$432$252$144$49
42 years$1,119$686$405$232$130$43
43 years$1,081$654$380$214$118$38
44 years$1,044$623$357$198$107$33
45 years$1,010$594$335$183$97$29
46 years$977$567$315$169$89$26
47 years$945$541$296$156$80$23
48 years$915$517$278$144$73$20
49 years$886$493$261$133$66$18
50 years$858$471$246$123$60$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $879,000, adding $3,497 every year, while hoping to spend $49,051 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: 57/33/10 Blend
34$879,000$879,000$879,000$879,000
35$972,265$925,678$912,054$1,025,141
36$1,019,246$918,847$890,418$1,054,384
37$1,069,376$910,036$866,413$1,080,469
38$1,122,922$899,098$839,908$1,107,710
39$1,180,182$885,875$810,766$1,136,224
40$1,241,477$870,200$778,844$1,166,140
41$1,307,163$851,896$743,991$1,197,607
42$1,377,630$830,775$706,050$1,230,786
43$1,453,304$806,638$664,859$1,265,861
44$1,534,654$779,277$620,245$1,303,037
45$1,622,195$748,468$572,029$1,342,540
46$1,716,492$713,976$520,025$1,384,626
47$1,818,166$675,552$464,037$1,429,578
48$1,927,898$632,933$403,862$1,477,711
49$2,046,437$585,840$339,285$1,529,380
50$2,174,607$533,979$270,084$1,584,975
51$2,313,312$477,040$196,027$1,644,934
52$2,463,548$414,692$116,872$1,709,743
53$2,626,407$346,590$32,364$1,779,942
54$2,803,092$272,365$0$1,856,133
55$2,994,927$191,630$0$1,945,153
56$3,203,365$103,975$0$2,045,662
57$3,430,007$8,968$0$2,155,057
58$3,676,613$0$0$2,274,288
59$3,945,120$0$0$2,438,482
60$4,237,660$0$0$2,620,991
61$4,556,579$0$0$2,820,029
62$4,904,457$0$0$3,037,218
63$5,284,138$0$0$3,274,341
64$5,698,747$0$0$3,533,362
65$6,151,729$0$0$3,816,441
66$6,646,874$0$0$4,125,958
67$7,188,355$0$0$4,464,534
68$7,780,767$0$0$4,835,053
69$8,429,171$0$0$5,240,692
70$9,139,136$0$0$5,684,949
71$9,916,799$0$0$6,171,675
72$10,768,916$0$0$6,705,114
73$11,702,928$0$0$7,289,937
74$12,727,030$0$0$7,931,291
75$13,850,249$0$0$8,634,842
76$15,082,524$0$0$9,406,835
77$16,434,808$0$0$10,254,145
78$17,919,162$0$0$11,184,346
79$19,548,872$0$0$12,205,783
80$21,338,573$0$0$13,327,647
81$23,304,390$0$0$14,560,062
82$25,464,082$0$0$15,914,182
83$27,837,216$0$0$17,402,297
84$30,445,347$0$0$19,037,942
85$33,312,223$0$0$20,836,033
86$36,464,006$0$0$22,812,999
87$39,929,519$0$0$24,986,945
88$43,740,520$0$0$27,377,814
89$47,931,996$0$0$30,007,581
90$52,542,496$0$0$32,900,456
91$57,614,492$0$0$36,083,117
92$63,194,780$0$0$39,584,953
93$69,334,921$0$0$43,438,350
94$76,091,727$0$0$47,678,989
95$83,527,793$0$0$52,346,185
96$91,712,091$0$0$57,483,260
97$100,720,617$0$0$63,137,946
98$110,637,112$0$0$69,362,838
99$121,553,843$0$0$76,215,892
100$133,572,480$0$0$83,760,965