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%11.3%
1 years$72,917$72,268$71,634$71,016$70,412$70,027
2 years$36,098$35,425$34,774$34,142$33,529$33,141
3 years$23,826$23,151$22,501$21,875$21,272$20,892
4 years$17,691$17,018$16,375$15,760$15,172$14,803
5 years$14,012$13,343$12,708$12,105$11,533$11,177
6 years$11,559$10,895$10,270$9,681$9,126$8,783
7 years$9,808$9,150$8,534$7,959$7,422$7,092
8 years$8,496$7,843$7,238$6,677$6,157$5,841
9 years$7,475$6,829$6,234$5,687$5,185$4,882
10 years$6,659$6,019$5,435$4,902$4,418$4,128
11 years$5,992$5,359$4,785$4,266$3,800$3,522
12 years$5,437$4,810$4,246$3,742$3,293$3,028
13 years$4,967$4,346$3,794$3,304$2,871$2,619
14 years$4,565$3,951$3,409$2,933$2,517$2,276
15 years$4,216$3,609$3,078$2,615$2,216$1,987
16 years$3,912$3,311$2,790$2,342$1,959$1,741
17 years$3,644$3,050$2,539$2,104$1,737$1,530
18 years$3,405$2,818$2,318$1,896$1,544$1,348
19 years$3,192$2,612$2,122$1,713$1,376$1,191
20 years$3,001$2,427$1,947$1,552$1,229$1,054
21 years$2,828$2,261$1,791$1,408$1,100$934
22 years$2,671$2,110$1,651$1,281$986$829
23 years$2,528$1,974$1,524$1,166$885$737
24 years$2,397$1,849$1,410$1,064$796$656
25 years$2,277$1,735$1,306$971$716$585
26 years$2,166$1,631$1,211$888$645$521
27 years$2,063$1,535$1,124$813$581$465
28 years$1,968$1,446$1,045$745$525$416
29 years$1,880$1,364$973$683$474$371
30 years$1,797$1,289$906$627$428$332
31 years$1,721$1,218$845$576$387$297
32 years$1,649$1,153$788$529$350$266
33 years$1,581$1,092$736$487$317$238
34 years$1,518$1,034$688$448$287$213
35 years$1,459$981$643$412$260$191
36 years$1,402$931$601$380$235$171
37 years$1,349$885$563$350$213$154
38 years$1,299$841$527$322$193$138
39 years$1,252$799$494$297$175$124
40 years$1,207$761$463$274$159$111
41 years$1,165$724$434$253$144$99
42 years$1,124$689$407$233$131$89
43 years$1,086$657$382$215$119$80
44 years$1,049$626$359$199$108$72
45 years$1,014$597$337$184$98$65
46 years$981$570$316$170$89$58
47 years$949$544$297$157$81$52
48 years$919$519$279$145$73$47
49 years$890$496$262$134$67$42
50 years$862$473$247$124$60$38

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $883,000, adding $6,580 every year, while hoping to spend $21,393 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: 88/5/7 Blend
34$883,000$883,000$883,000$883,000
35$979,853$933,054$919,368$1,065,031
36$1,057,036$956,012$927,405$1,144,460
37$1,141,375$979,378$934,994$1,228,090
38$1,233,577$1,003,148$942,097$1,319,335
39$1,334,420$1,027,321$948,676$1,418,944
40$1,444,763$1,051,892$954,688$1,527,748
41$1,565,548$1,076,854$960,090$1,646,658
42$1,697,817$1,102,203$964,836$1,776,679
43$1,842,713$1,127,930$968,877$1,918,917
44$2,001,498$1,154,026$972,163$2,074,591
45$2,175,560$1,180,483$974,639$2,245,043
46$2,366,429$1,207,288$976,251$2,431,752
47$2,575,788$1,234,429$976,939$2,636,346
48$2,805,493$1,261,891$976,642$2,860,619
49$3,057,589$1,289,658$975,294$3,106,548
50$3,334,324$1,317,713$972,828$3,376,310
51$3,638,180$1,346,036$969,173$3,672,303
52$3,971,888$1,374,605$964,254$3,997,170
53$4,338,456$1,403,397$957,992$4,353,822
54$4,741,200$1,432,384$950,305$4,745,465
55$5,183,770$1,461,538$941,108$5,175,634
56$5,670,189$1,490,829$930,310$5,648,222
57$6,204,891$1,520,222$917,818$6,167,518
58$6,792,756$1,549,679$903,531$6,738,248
59$7,439,166$1,579,162$887,348$7,365,620
60$8,150,046$1,608,626$869,159$8,055,370
61$8,931,926$1,638,024$848,852$8,813,822
62$9,792,001$1,667,306$826,307$9,647,941
63$10,738,198$1,696,417$801,401$10,565,402
64$11,779,251$1,725,297$774,004$11,574,662
65$12,924,782$1,753,885$743,981$12,685,042
66$14,185,395$1,782,110$711,190$13,906,808
67$15,572,772$1,809,901$675,482$15,251,278
68$17,099,787$1,837,178$636,702$16,730,918
69$18,780,623$1,863,857$594,689$18,359,468
70$20,630,909$1,889,848$549,274$20,152,068
71$22,667,865$1,915,055$500,279$22,125,399
72$24,910,469$1,939,374$447,519$24,297,845
73$27,379,628$1,962,695$390,802$26,689,664
74$30,098,382$1,984,899$329,927$29,323,178
75$33,092,120$2,005,862$264,682$32,222,984
76$36,388,815$2,025,448$194,848$35,416,190
77$40,019,295$2,043,515$120,195$38,932,665
78$44,017,526$2,059,910$40,485$42,805,324
79$48,420,938$2,074,471$0$47,070,440
80$53,270,778$2,087,025$0$51,771,313
81$58,612,496$2,097,387$0$56,952,103
82$64,496,173$2,105,361$0$62,658,341
83$70,977,000$2,110,741$0$68,943,535
84$78,115,790$2,113,304$0$75,866,652
85$85,979,560$2,112,815$0$83,492,666
86$94,642,158$2,109,026$0$91,893,181
87$104,184,959$2,101,669$0$101,147,097
88$114,697,640$2,090,466$0$111,341,364
89$126,279,017$2,075,117$0$122,571,796
90$139,037,985$2,055,305$0$134,943,975
91$153,094,540$2,030,696$0$148,574,254
92$168,580,916$2,000,933$0$163,590,849
93$185,642,831$1,965,640$0$180,135,051
94$204,440,860$1,924,417$0$198,362,559
95$225,151,957$1,876,842$0$218,444,953
96$247,971,116$1,822,467$0$240,571,308
97$273,113,220$1,760,818$0$264,949,984
98$300,815,063$1,691,393$0$291,810,588
99$331,337,590$1,613,662$0$321,406,145
100$364,968,355$1,527,062$0$354,015,486