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%19.3%
1 years$72,587$71,940$71,310$70,694$70,093$67,472
2 years$35,934$35,265$34,616$33,987$33,377$30,767
3 years$23,718$23,046$22,399$21,776$21,176$18,658
4 years$17,611$16,941$16,301$15,688$15,103$12,697
5 years$13,948$13,282$12,650$12,050$11,481$9,193
6 years$11,507$10,846$10,223$9,637$9,085$6,916
7 years$9,764$9,108$8,495$7,923$7,388$5,338
8 years$8,457$7,808$7,205$6,646$6,129$4,196
9 years$7,441$6,798$6,206$5,661$5,162$3,343
10 years$6,629$5,992$5,410$4,880$4,398$2,691
11 years$5,965$5,334$4,763$4,247$3,782$2,182
12 years$5,412$4,788$4,227$3,725$3,278$1,781
13 years$4,945$4,327$3,777$3,289$2,858$1,461
14 years$4,544$3,933$3,393$2,919$2,506$1,202
15 years$4,197$3,593$3,064$2,604$2,206$993
16 years$3,894$3,296$2,778$2,331$1,950$822
17 years$3,627$3,036$2,528$2,095$1,729$682
18 years$3,390$2,805$2,307$1,888$1,537$567
19 years$3,178$2,600$2,112$1,706$1,370$472
20 years$2,987$2,416$1,939$1,545$1,224$393
21 years$2,815$2,250$1,783$1,402$1,095$328
22 years$2,659$2,101$1,643$1,275$982$274
23 years$2,516$1,965$1,517$1,161$881$229
24 years$2,386$1,841$1,403$1,059$792$191
25 years$2,266$1,727$1,300$967$713$160
26 years$2,156$1,624$1,205$884$642$134
27 years$2,054$1,528$1,119$809$579$112
28 years$1,959$1,440$1,041$742$522$94
29 years$1,871$1,358$968$680$472$78
30 years$1,789$1,283$902$624$426$66
31 years$1,713$1,213$841$573$385$55
32 years$1,641$1,147$785$527$348$46
33 years$1,574$1,087$733$484$315$39
34 years$1,511$1,030$684$446$286$32
35 years$1,452$977$640$410$259$27
36 years$1,396$927$599$378$234$23
37 years$1,343$881$560$348$212$19
38 years$1,294$837$525$321$193$16
39 years$1,246$796$492$296$175$13
40 years$1,202$757$461$273$158$11
41 years$1,159$721$432$252$144$9
42 years$1,119$686$405$232$130$8
43 years$1,081$654$380$214$118$7
44 years$1,044$623$357$198$107$6
45 years$1,010$594$335$183$97$5
46 years$977$567$315$169$89$4
47 years$945$541$296$156$80$3
48 years$915$517$278$144$73$3
49 years$886$493$261$133$66$2
50 years$858$471$246$123$60$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $879,000, adding $5,200 every year, while hoping to spend $24,721 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: 35/49/16 Blend
34$879,000$879,000$879,000$879,000
35$974,022$927,435$913,810$1,003,150
36$1,047,069$946,576$918,120$1,043,936
37$1,126,739$965,827$921,746$1,085,213
38$1,213,680$985,166$924,638$1,129,221
39$1,308,607$1,004,572$926,746$1,176,215
40$1,412,308$1,024,019$928,014$1,226,477
41$1,525,649$1,043,481$928,388$1,280,319
42$1,649,582$1,062,929$927,806$1,338,084
43$1,785,159$1,082,332$926,207$1,400,149
44$1,933,536$1,101,656$923,525$1,466,934
45$2,095,984$1,120,865$919,692$1,538,900
46$2,273,908$1,139,920$914,634$1,616,554
47$2,468,849$1,158,780$908,277$1,700,460
48$2,682,510$1,177,397$900,542$1,791,235
49$2,916,761$1,195,725$891,346$1,889,564
50$3,173,666$1,213,711$880,602$1,996,201
51$3,455,497$1,231,300$868,218$2,111,979
52$3,764,755$1,248,431$854,101$2,237,817
53$4,104,196$1,265,040$838,149$2,374,728
54$4,476,856$1,281,060$820,260$2,523,830
55$4,886,080$1,296,416$800,323$2,686,359
56$5,335,551$1,311,031$778,225$2,863,675
57$5,829,328$1,324,822$753,846$3,057,282
58$6,371,881$1,337,700$727,061$3,268,838
59$6,968,134$1,349,569$697,739$3,500,172
60$7,623,515$1,360,329$665,745$3,753,303
61$8,344,001$1,369,872$630,934$4,030,456
62$9,136,177$1,378,084$593,158$4,334,090
63$10,007,299$1,384,842$552,261$4,666,914
64$10,965,361$1,390,017$508,080$5,031,917
65$12,019,171$1,393,471$460,444$5,432,399
66$13,178,434$1,395,058$409,176$5,871,997
67$14,453,840$1,394,622$354,089$6,354,724
68$15,857,171$1,391,998$294,990$6,885,008
69$17,401,406$1,387,009$231,676$7,467,732
70$19,100,847$1,379,471$163,935$8,108,280
71$20,971,253$1,369,184$91,547$8,812,593
72$23,029,988$1,355,941$14,280$9,587,222
73$25,296,182$1,339,518$0$10,439,393
74$27,790,919$1,319,680$0$11,388,714
75$30,537,426$1,296,178$0$12,435,691
76$33,561,299$1,268,746$0$13,587,621
77$36,890,743$1,237,106$0$14,855,236
78$40,556,835$1,200,961$0$16,250,373
79$44,593,820$1,159,996$0$17,786,076
80$49,039,434$1,113,880$0$19,476,730
81$53,935,258$1,062,261$0$21,338,191
82$59,327,110$1,004,768$0$23,387,941
83$65,265,480$941,007$0$25,645,250
84$71,806,005$870,562$0$28,131,365
85$79,009,992$792,994$0$30,869,703
86$86,944,999$707,838$0$33,886,085
87$95,685,469$614,603$0$37,208,969
88$105,313,439$512,770$0$40,869,729
89$115,919,304$401,791$0$44,902,950
90$127,602,681$281,087$0$49,346,756
91$140,473,340$150,045$0$54,243,169
92$154,652,245$8,021$0$59,638,513
93$170,272,692$0$0$65,583,850
94$187,481,572$0$0$72,214,008
95$206,440,750$0$0$79,523,488
96$227,328,601$0$0$87,576,760
97$250,341,686$0$0$96,449,634
98$275,696,610$0$0$106,225,653
99$303,632,070$0$0$116,996,878
100$334,411,100$0$0$128,864,759