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%17.9%
1 years$72,752$72,104$71,472$70,855$70,252$68,003
2 years$36,016$35,345$34,695$34,065$33,453$31,209
3 years$23,772$23,098$22,450$21,826$21,224$19,054
4 years$17,651$16,980$16,338$15,724$15,137$13,058
5 years$13,980$13,312$12,679$12,078$11,507$9,524
6 years$11,533$10,871$10,246$9,659$9,105$7,220
7 years$9,786$9,129$8,515$7,941$7,405$5,618
8 years$8,476$7,825$7,221$6,661$6,143$4,453
9 years$7,458$6,813$6,220$5,674$5,173$3,578
10 years$6,644$6,006$5,422$4,891$4,408$2,905
11 years$5,979$5,346$4,774$4,257$3,791$2,378
12 years$5,424$4,799$4,237$3,734$3,285$1,959
13 years$4,956$4,337$3,785$3,296$2,865$1,622
14 years$4,554$3,942$3,401$2,926$2,511$1,348
15 years$4,207$3,601$3,071$2,610$2,211$1,125
16 years$3,903$3,304$2,784$2,337$1,954$941
17 years$3,635$3,043$2,533$2,099$1,733$789
18 years$3,398$2,812$2,313$1,892$1,541$662
19 years$3,185$2,606$2,117$1,710$1,373$557
20 years$2,994$2,421$1,943$1,548$1,227$469
21 years$2,822$2,255$1,787$1,405$1,098$396
22 years$2,665$2,105$1,647$1,278$984$334
23 years$2,522$1,969$1,521$1,164$883$282
24 years$2,391$1,845$1,406$1,061$794$238
25 years$2,271$1,731$1,303$969$714$202
26 years$2,161$1,627$1,208$886$643$171
27 years$2,058$1,531$1,122$811$580$144
28 years$1,964$1,443$1,043$743$523$122
29 years$1,875$1,361$971$682$473$104
30 years$1,793$1,286$904$625$427$88
31 years$1,717$1,215$843$574$386$74
32 years$1,645$1,150$786$528$349$63
33 years$1,578$1,089$734$485$316$53
34 years$1,515$1,032$686$447$286$45
35 years$1,455$979$641$411$259$38
36 years$1,399$929$600$379$235$33
37 years$1,346$883$562$349$213$28
38 years$1,296$839$526$322$193$23
39 years$1,249$798$493$297$175$20
40 years$1,204$759$462$274$159$17
41 years$1,162$722$433$252$144$14
42 years$1,122$688$406$233$131$12
43 years$1,083$655$381$215$119$10
44 years$1,047$625$358$199$108$9
45 years$1,012$596$336$183$98$7
46 years$979$568$316$169$89$6
47 years$947$542$296$156$81$5
48 years$917$518$279$145$73$4
49 years$888$494$262$134$66$4
50 years$860$472$246$123$60$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $881,000, adding $6,991 every year, while hoping to spend $34,493 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: 73/22/5 Blend
34$881,000$881,000$881,000$881,000
35$978,073$931,380$917,725$1,048,561
36$1,041,136$940,318$911,768$1,104,865
37$1,109,476$948,537$904,456$1,161,460
38$1,183,594$955,966$895,707$1,222,451
39$1,264,041$962,530$885,434$1,288,259
40$1,351,426$968,146$873,548$1,359,349
41$1,446,415$972,729$859,956$1,436,232
42$1,549,743$976,186$844,558$1,519,475
43$1,662,218$978,420$827,252$1,609,699
44$1,784,729$979,328$807,929$1,707,590
45$1,918,254$978,798$786,478$1,813,904
46$2,063,871$976,714$762,780$1,929,474
47$2,222,765$972,951$736,712$2,055,219
48$2,396,239$967,378$708,144$2,192,151
49$2,585,730$959,855$676,942$2,341,387
50$2,792,820$950,233$642,964$2,504,156
51$3,019,248$938,355$606,064$2,681,815
52$3,266,931$924,053$566,087$2,875,860
53$3,537,978$907,153$522,871$3,087,938
54$3,834,714$887,465$476,249$3,319,868
55$4,159,696$864,793$426,045$3,573,652
56$4,515,743$838,925$372,075$3,851,500
57$4,905,957$809,640$314,148$4,155,846
58$5,333,755$776,703$252,062$4,489,376
59$5,802,901$739,865$185,610$4,855,049
60$6,317,541$698,863$114,572$5,256,128
61$6,882,241$653,418$38,721$5,696,211
62$7,502,030$603,236$0$6,179,263
63$8,182,449$548,006$0$6,711,909
64$8,929,599$487,398$0$7,299,069
65$9,750,203$421,066$0$7,944,001
66$10,651,667$348,642$0$8,652,579
67$11,642,150$269,737$0$9,431,276
68$12,730,638$183,943$0$10,287,228
69$13,927,033$90,826$0$11,228,301
70$15,242,243$0$0$12,263,163
71$16,688,286$0$0$13,403,810
72$18,278,402$0$0$14,682,326
73$20,027,180$0$0$16,088,457
74$21,950,690$0$0$17,635,132
75$24,066,643$0$0$19,336,596
76$26,394,547$0$0$21,208,544
77$28,955,900$0$0$23,268,269
78$31,774,389$0$0$25,534,824
79$34,876,110$0$0$28,029,203
80$38,289,820$0$0$30,774,538
81$42,047,203$0$0$33,796,318
82$46,183,172$0$0$37,122,627
83$50,736,194$0$0$40,784,410
84$55,748,659$0$0$44,815,766
85$61,267,273$0$0$49,254,268
86$67,343,501$0$0$54,141,318
87$74,034,053$0$0$59,522,534
88$81,401,420$0$0$65,448,186
89$89,514,459$0$0$71,973,667
90$98,449,046$0$0$79,160,015
91$108,288,790$0$0$87,074,489
92$119,125,823$0$0$95,791,204
93$131,061,668$0$0$105,391,831
94$144,208,198$0$0$115,966,363
95$158,688,687$0$0$127,613,972
96$174,638,982$0$0$140,443,937
97$192,208,773$0$0$154,576,678
98$211,563,017$0$0$170,144,894
99$232,883,486$0$0$187,294,812
100$256,370,485$0$0$206,187,569