Can I retire at age 35 with 883,000?

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 $883,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.5%
1 years$72,917$72,268$71,634$71,016$70,412$69,968
2 years$36,098$35,425$34,774$34,142$33,529$33,082
3 years$23,826$23,151$22,501$21,875$21,272$20,835
4 years$17,691$17,018$16,375$15,760$15,172$14,747
5 years$14,012$13,343$12,708$12,105$11,533$11,124
6 years$11,559$10,895$10,270$9,681$9,126$8,731
7 years$9,808$9,150$8,534$7,959$7,422$7,043
8 years$8,496$7,843$7,238$6,677$6,157$5,793
9 years$7,475$6,829$6,234$5,687$5,185$4,837
10 years$6,659$6,019$5,435$4,902$4,418$4,085
11 years$5,992$5,359$4,785$4,266$3,800$3,481
12 years$5,437$4,810$4,246$3,742$3,293$2,989
13 years$4,967$4,346$3,794$3,304$2,871$2,581
14 years$4,565$3,951$3,409$2,933$2,517$2,241
15 years$4,216$3,609$3,078$2,615$2,216$1,954
16 years$3,912$3,311$2,790$2,342$1,959$1,709
17 years$3,644$3,050$2,539$2,104$1,737$1,500
18 years$3,405$2,818$2,318$1,896$1,544$1,320
19 years$3,192$2,612$2,122$1,713$1,376$1,164
20 years$3,001$2,427$1,947$1,552$1,229$1,029
21 years$2,828$2,261$1,791$1,408$1,100$911
22 years$2,671$2,110$1,651$1,281$986$807
23 years$2,528$1,974$1,524$1,166$885$717
24 years$2,397$1,849$1,410$1,064$796$637
25 years$2,277$1,735$1,306$971$716$567
26 years$2,166$1,631$1,211$888$645$504
27 years$2,063$1,535$1,124$813$581$450
28 years$1,968$1,446$1,045$745$525$401
29 years$1,880$1,364$973$683$474$358
30 years$1,797$1,289$906$627$428$319
31 years$1,721$1,218$845$576$387$285
32 years$1,649$1,153$788$529$350$255
33 years$1,581$1,092$736$487$317$228
34 years$1,518$1,034$688$448$287$204
35 years$1,459$981$643$412$260$182
36 years$1,402$931$601$380$235$163
37 years$1,349$885$563$350$213$146
38 years$1,299$841$527$322$193$131
39 years$1,252$799$494$297$175$117
40 years$1,207$761$463$274$159$105
41 years$1,165$724$434$253$144$94
42 years$1,124$689$407$233$131$84
43 years$1,086$657$382$215$119$75
44 years$1,049$626$359$199$108$67
45 years$1,014$597$337$184$98$60
46 years$981$570$316$170$89$54
47 years$949$544$297$157$81$49
48 years$919$519$279$145$73$44
49 years$890$496$262$134$67$39
50 years$862$473$247$124$60$35

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $883,000, adding $4,190 every year, while hoping to spend $56,991 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: 60/30/10 Blend
34$883,000$883,000$883,000$883,000
35$977,388$930,589$916,902$1,033,525
36$1,016,444$915,550$886,981$1,056,671
37$1,057,573$897,864$854,147$1,075,058
38$1,100,927$877,341$818,242$1,093,710
39$1,146,671$853,780$779,103$1,112,658
40$1,194,984$826,968$736,555$1,131,934
41$1,246,063$796,680$690,421$1,151,579
42$1,300,122$762,677$640,510$1,171,640
43$1,357,393$724,708$586,626$1,192,173
44$1,418,134$682,505$528,564$1,213,240
45$1,482,621$635,786$466,109$1,234,916
46$1,551,162$584,252$399,037$1,257,286
47$1,624,089$527,589$327,113$1,280,446
48$1,701,767$465,462$250,093$1,304,509
49$1,784,598$397,520$167,722$1,329,602
50$1,873,019$323,391$79,732$1,355,870
51$1,967,510$242,680$0$1,383,478
52$2,068,597$154,973$0$1,414,126
53$2,176,859$59,831$0$1,455,692
54$2,292,926$0$0$1,499,931
55$2,417,495$0$0$1,561,413
56$2,551,326$0$0$1,648,736
57$2,695,256$0$0$1,742,699
58$2,850,203$0$0$1,843,909
59$3,017,176$0$0$1,953,031
60$3,197,283$0$0$2,070,797
61$3,391,739$0$0$2,198,009
62$3,601,882$0$0$2,335,551
63$3,829,182$0$0$2,484,392
64$4,075,253$0$0$2,645,599
65$4,341,872$0$0$2,820,345
66$4,630,991$0$0$3,009,920
67$4,944,757$0$0$3,215,741
68$5,285,530$0$0$3,439,368
69$5,655,910$0$0$3,682,517
70$6,058,753$0$0$3,947,076
71$6,497,203$0$0$4,235,122
72$6,974,719$0$0$4,548,939
73$7,495,109$0$0$4,891,044
74$8,062,560$0$0$5,264,204
75$8,681,685$0$0$5,671,467
76$9,357,557$0$0$6,116,184
77$10,095,765$0$0$6,602,049
78$10,902,457$0$0$7,133,126
79$11,784,405$0$0$7,713,890
80$12,749,063$0$0$8,349,266
81$13,804,640$0$0$9,044,680
82$14,960,174$0$0$9,806,106
83$16,225,617$0$0$10,640,122
84$17,611,930$0$0$11,553,972
85$19,131,182$0$0$12,555,634
86$20,796,668$0$0$13,653,896
87$22,623,027$0$0$14,858,433
88$24,626,386$0$0$16,179,907
89$26,824,506$0$0$17,630,057
90$29,236,950$0$0$19,221,817
91$31,885,268$0$0$20,969,430
92$34,793,198$0$0$22,888,591
93$37,986,889$0$0$24,996,584
94$41,495,148$0$0$27,312,454
95$45,349,707$0$0$29,857,178
96$49,585,526$0$0$32,653,869
97$54,241,119$0$0$35,727,986
98$59,358,915$0$0$39,107,581
99$64,985,659$0$0$42,823,557
100$71,172,854$0$0$46,909,964