Can I retire at age 35 with 880,000?

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 $880,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.2%
1 years$72,670$72,022$71,391$70,774$70,172$68,671
2 years$35,975$35,305$34,656$34,026$33,415$31,911
3 years$23,745$23,072$22,425$21,801$21,200$19,738
4 years$17,631$16,961$16,319$15,706$15,120$13,713
5 years$13,964$13,297$12,664$12,064$11,494$10,145
6 years$11,520$10,858$10,235$9,648$9,095$7,805
7 years$9,775$9,119$8,505$7,932$7,397$6,167
8 years$8,467$7,816$7,213$6,654$6,136$4,966
9 years$7,450$6,806$6,213$5,668$5,168$4,056
10 years$6,637$5,999$5,416$4,886$4,403$3,349
11 years$5,972$5,340$4,768$4,252$3,787$2,789
12 years$5,418$4,793$4,232$3,729$3,281$2,339
13 years$4,950$4,332$3,781$3,293$2,862$1,972
14 years$4,549$3,937$3,397$2,923$2,508$1,670
15 years$4,202$3,597$3,067$2,607$2,209$1,420
16 years$3,899$3,300$2,781$2,334$1,952$1,211
17 years$3,631$3,039$2,530$2,097$1,731$1,035
18 years$3,394$2,808$2,310$1,890$1,539$887
19 years$3,182$2,603$2,115$1,708$1,372$761
20 years$2,991$2,419$1,941$1,547$1,225$655
21 years$2,818$2,253$1,785$1,404$1,096$564
22 years$2,662$2,103$1,645$1,276$983$486
23 years$2,519$1,967$1,519$1,162$882$419
24 years$2,389$1,843$1,405$1,060$793$362
25 years$2,269$1,729$1,301$968$714$313
26 years$2,158$1,625$1,207$885$643$270
27 years$2,056$1,530$1,121$810$579$234
28 years$1,961$1,441$1,042$742$523$202
29 years$1,873$1,360$969$681$472$175
30 years$1,791$1,284$903$625$427$152
31 years$1,715$1,214$842$574$386$132
32 years$1,643$1,149$785$527$349$114
33 years$1,576$1,088$733$485$316$99
34 years$1,513$1,031$685$446$286$86
35 years$1,454$978$641$411$259$74
36 years$1,398$928$599$378$235$64
37 years$1,345$882$561$349$213$56
38 years$1,295$838$525$321$193$48
39 years$1,248$797$492$296$175$42
40 years$1,203$758$461$273$159$36
41 years$1,161$721$433$252$144$32
42 years$1,120$687$406$233$131$27
43 years$1,082$655$381$215$118$24
44 years$1,046$624$357$198$108$21
45 years$1,011$595$336$183$98$18
46 years$978$568$315$169$89$16
47 years$946$542$296$156$80$14
48 years$916$517$278$144$73$12
49 years$887$494$262$133$66$10
50 years$859$472$246$123$60$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $880,000, adding $6,654 every year, while hoping to spend $44,181 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: 46/37/17 Blend
34$880,000$880,000$880,000$880,000
35$976,624$929,984$916,344$1,016,536
36$1,029,231$928,545$900,033$1,043,591
37$1,085,724$925,554$881,695$1,067,950
38$1,146,451$920,890$861,215$1,093,434
39$1,211,797$914,422$838,474$1,120,164
40$1,282,183$906,011$813,346$1,148,280
41$1,358,073$895,512$785,700$1,177,936
42$1,439,973$882,770$755,398$1,209,306
43$1,528,444$867,620$722,298$1,242,584
44$1,624,100$849,887$686,249$1,277,988
45$1,727,614$829,388$647,094$1,315,760
46$1,839,730$805,926$604,671$1,356,173
47$1,961,262$779,296$558,807$1,399,528
48$2,093,107$749,279$509,324$1,446,166
49$2,236,253$715,642$456,034$1,496,463
50$2,391,783$678,141$398,744$1,550,840
51$2,560,891$636,516$337,248$1,609,766
52$2,744,890$590,494$271,335$1,673,763
53$2,945,226$539,784$200,781$1,743,411
54$3,163,486$484,081$125,354$1,819,357
55$3,401,422$423,061$44,814$1,902,320
56$3,660,957$356,382$0$1,993,099
57$3,944,212$283,682$0$2,100,043
58$4,253,519$204,579$0$2,225,836
59$4,591,445$118,671$0$2,363,487
60$4,960,818$25,531$0$2,514,262
61$5,364,749$0$0$2,679,564
62$5,806,667$0$0$2,891,601
63$6,290,344$0$0$3,135,151
64$6,819,934$0$0$3,401,924
65$7,400,015$0$0$3,694,238
66$8,035,623$0$0$4,014,646
67$8,732,309$0$0$4,365,959
68$9,496,184$0$0$4,751,273
69$10,333,979$0$0$5,173,998
70$11,253,109$0$0$5,637,892
71$12,261,740$0$0$6,147,091
72$13,368,866$0$0$6,706,154
73$14,584,397$0$0$7,320,101
74$15,919,248$0$0$7,994,463
75$17,385,441$0$0$8,735,333
76$18,996,222$0$0$9,549,423
77$20,766,183$0$0$10,444,127
78$22,711,399$0$0$11,427,592
79$24,849,580$0$0$12,508,793
80$27,200,236$0$0$13,697,617
81$29,784,863$0$0$15,004,958
82$32,627,144$0$0$16,442,819
83$35,753,170$0$0$18,024,423
84$39,191,689$0$0$19,764,341
85$42,974,376$0$0$21,678,625
86$47,136,129$0$0$23,784,964
87$51,715,399$0$0$26,102,845
88$56,754,554$0$0$28,653,742
89$62,300,273$0$0$31,461,316
90$68,403,994$0$0$34,551,636
91$75,122,391$0$0$37,953,428
92$82,517,912$0$0$41,698,346
93$90,659,367$0$0$45,821,266
94$99,622,576$0$0$50,360,619
95$109,491,085$0$0$55,358,751
96$120,356,952$0$0$60,862,326
97$132,321,618$0$0$66,922,760
98$145,496,860$0$0$73,596,712
99$160,005,847$0$0$80,946,613
100$175,984,303$0$0$89,041,260