Can I retire at age 35 with 881,000?

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 $881,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.2%
1 years$72,752$72,104$71,472$70,855$70,252$69,032
2 years$36,016$35,345$34,695$34,065$33,453$32,228
3 years$23,772$23,098$22,450$21,826$21,224$20,031
4 years$17,651$16,980$16,338$15,724$15,137$13,987
5 years$13,980$13,312$12,679$12,078$11,507$10,402
6 years$11,533$10,871$10,246$9,659$9,105$8,047
7 years$9,786$9,129$8,515$7,941$7,405$6,394
8 years$8,476$7,825$7,221$6,661$6,143$5,179
9 years$7,458$6,813$6,220$5,674$5,173$4,255
10 years$6,644$6,006$5,422$4,891$4,408$3,535
11 years$5,979$5,346$4,774$4,257$3,791$2,963
12 years$5,424$4,799$4,237$3,734$3,285$2,500
13 years$4,956$4,337$3,785$3,296$2,865$2,122
14 years$4,554$3,942$3,401$2,926$2,511$1,810
15 years$4,207$3,601$3,071$2,610$2,211$1,549
16 years$3,903$3,304$2,784$2,337$1,954$1,330
17 years$3,635$3,043$2,533$2,099$1,733$1,146
18 years$3,398$2,812$2,313$1,892$1,541$989
19 years$3,185$2,606$2,117$1,710$1,373$855
20 years$2,994$2,421$1,943$1,548$1,227$741
21 years$2,822$2,255$1,787$1,405$1,098$643
22 years$2,665$2,105$1,647$1,278$984$558
23 years$2,522$1,969$1,521$1,164$883$485
24 years$2,391$1,845$1,406$1,061$794$422
25 years$2,271$1,731$1,303$969$714$368
26 years$2,161$1,627$1,208$886$643$321
27 years$2,058$1,531$1,122$811$580$280
28 years$1,964$1,443$1,043$743$523$244
29 years$1,875$1,361$971$682$473$213
30 years$1,793$1,286$904$625$427$186
31 years$1,717$1,215$843$574$386$162
32 years$1,645$1,150$786$528$349$142
33 years$1,578$1,089$734$485$316$124
34 years$1,515$1,032$686$447$286$109
35 years$1,455$979$641$411$259$95
36 years$1,399$929$600$379$235$83
37 years$1,346$883$562$349$213$73
38 years$1,296$839$526$322$193$64
39 years$1,249$798$493$297$175$56
40 years$1,204$759$462$274$159$49
41 years$1,162$722$433$252$144$43
42 years$1,122$688$406$233$131$37
43 years$1,083$655$381$215$119$33
44 years$1,047$625$358$199$108$29
45 years$1,012$596$336$183$98$25
46 years$979$568$316$169$89$22
47 years$947$542$296$156$81$19
48 years$917$518$279$145$73$17
49 years$888$494$262$134$66$15
50 years$860$472$246$123$60$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $881,000, adding $3,591 every year, while hoping to spend $37,601 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: 57/35/8 Blend
34$881,000$881,000$881,000$881,000
35$974,566$927,873$914,218$1,028,131
36$1,033,965$933,332$904,837$1,070,079
37$1,098,162$937,798$893,881$1,111,235
38$1,167,607$941,182$881,259$1,155,157
39$1,242,795$943,392$866,873$1,202,112
40$1,324,268$944,327$850,622$1,252,396
41$1,412,626$943,881$832,400$1,306,338
42$1,508,524$941,942$812,096$1,364,300
43$1,612,686$938,389$789,593$1,426,681
44$1,725,906$933,097$764,771$1,493,926
45$1,849,060$925,930$737,503$1,566,525
46$1,983,110$916,746$707,655$1,645,017
47$2,129,114$905,394$675,088$1,730,001
48$2,288,239$891,713$639,658$1,822,139
49$2,461,765$875,533$601,213$1,922,162
50$2,651,105$856,674$559,593$2,030,876
51$2,857,812$834,945$514,634$2,149,174
52$3,083,597$810,146$466,162$2,278,042
53$3,330,342$782,061$413,997$2,418,569
54$3,600,120$750,465$357,948$2,571,959
55$3,895,212$715,118$297,820$2,739,541
56$4,218,132$675,767$233,406$2,922,784
57$4,571,647$632,145$164,490$3,123,310
58$4,958,803$583,968$90,849$3,342,910
59$5,382,956$530,938$12,247$3,583,562
60$5,847,801$472,737$0$3,847,453
61$6,357,407$409,031$0$4,143,108
62$6,916,256$339,467$0$4,468,590
63$7,529,285$263,672$0$4,825,817
64$8,201,932$181,252$0$5,218,059
65$8,940,186$91,790$0$5,648,926
66$9,750,644$0$0$6,122,399
67$10,640,573$0$0$6,644,859
68$11,617,978$0$0$7,257,581
69$12,691,679$0$0$7,930,751
70$13,871,391$0$0$8,670,471
71$15,167,816$0$0$9,483,462
72$16,592,745$0$0$10,377,130
73$18,159,167$0$0$11,359,631
74$19,881,394$0$0$12,439,955
75$21,775,194$0$0$13,628,003
76$23,857,937$0$0$14,934,686
77$26,148,762$0$0$16,372,025
78$28,668,757$0$0$17,953,263
79$31,441,155$0$0$19,692,993
80$34,491,555$0$0$21,607,293
81$37,848,164$0$0$23,713,879
82$41,542,058$0$0$26,032,270
83$45,607,482$0$0$28,583,973
84$50,082,164$0$0$31,392,687
85$55,007,680$0$0$34,484,524
86$60,429,838$0$0$37,888,256
87$66,399,115$0$0$41,635,588
88$72,971,129$0$0$45,761,454
89$80,207,167$0$0$50,304,348
90$88,174,759$0$0$55,306,687
91$96,948,319$0$0$60,815,210
92$106,609,845$0$0$66,881,420
93$117,249,688$0$0$73,562,070
94$128,967,414$0$0$80,919,697
95$141,872,733$0$0$89,023,212
96$156,086,539$0$0$97,948,552
97$171,742,051$0$0$107,779,392
98$188,986,069$0$0$118,607,942
99$207,980,355$0$0$130,535,807
100$228,903,167$0$0$143,674,955