Can I retire at age 35 with 884,000?

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 $884,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.2%
1 years$73,000$72,350$71,715$71,096$70,491$68,704
2 years$36,139$35,466$34,813$34,181$33,567$31,778
3 years$23,853$23,177$22,526$21,900$21,296$19,561
4 years$17,712$17,038$16,393$15,778$15,189$13,521
5 years$14,028$13,358$12,722$12,119$11,546$9,951
6 years$11,572$10,908$10,281$9,691$9,136$7,614
7 years$9,819$9,160$8,544$7,968$7,430$5,982
8 years$8,505$7,852$7,246$6,684$6,164$4,789
9 years$7,484$6,837$6,241$5,693$5,191$3,888
10 years$6,667$6,026$5,441$4,908$4,423$3,191
11 years$5,999$5,365$4,790$4,271$3,804$2,640
12 years$5,443$4,815$4,251$3,746$3,296$2,200
13 years$4,973$4,351$3,798$3,308$2,875$1,842
14 years$4,570$3,955$3,413$2,936$2,520$1,550
15 years$4,221$3,613$3,081$2,618$2,219$1,308
16 years$3,916$3,315$2,793$2,345$1,961$1,108
17 years$3,648$3,053$2,542$2,107$1,739$940
18 years$3,409$2,821$2,320$1,898$1,546$800
19 years$3,196$2,615$2,124$1,715$1,378$681
20 years$3,004$2,430$1,950$1,554$1,231$581
21 years$2,831$2,263$1,793$1,410$1,101$497
22 years$2,674$2,113$1,653$1,282$987$425
23 years$2,531$1,976$1,526$1,168$886$364
24 years$2,400$1,851$1,411$1,065$797$312
25 years$2,279$1,737$1,307$973$717$267
26 years$2,168$1,633$1,212$889$646$229
27 years$2,065$1,537$1,126$814$582$197
28 years$1,970$1,448$1,047$746$525$169
29 years$1,882$1,366$974$684$474$145
30 years$1,799$1,290$907$628$429$124
31 years$1,723$1,219$846$576$387$107
32 years$1,651$1,154$789$530$350$92
33 years$1,583$1,093$737$487$317$79
34 years$1,520$1,036$688$448$287$68
35 years$1,460$982$644$413$260$58
36 years$1,404$932$602$380$236$50
37 years$1,351$886$563$350$214$43
38 years$1,301$842$528$323$194$37
39 years$1,253$800$494$298$176$32
40 years$1,209$761$463$274$159$27
41 years$1,166$725$435$253$144$24
42 years$1,125$690$408$234$131$20
43 years$1,087$658$382$216$119$18
44 years$1,050$627$359$199$108$15
45 years$1,015$598$337$184$98$13
46 years$982$570$317$170$89$11
47 years$950$544$297$157$81$10
48 years$920$520$280$145$73$8
49 years$891$496$263$134$67$7
50 years$863$474$247$124$61$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $884,000, adding $5,348 every year, while hoping to spend $52,051 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: 63/29/8 Blend
34$884,000$884,000$884,000$884,000
35$979,684$932,832$919,130$1,039,479
36$1,024,230$923,159$894,539$1,070,371
37$1,071,576$911,268$867,380$1,097,520
38$1,121,950$896,994$837,512$1,125,827
39$1,175,607$880,165$804,786$1,155,404
40$1,232,823$860,596$769,050$1,186,374
41$1,293,899$838,094$730,141$1,218,875
42$1,359,168$812,452$687,892$1,253,060
43$1,428,993$783,452$642,127$1,289,101
44$1,503,772$750,863$592,660$1,327,190
45$1,583,944$714,442$539,301$1,367,540
46$1,669,986$673,930$481,848$1,410,389
47$1,762,427$629,054$420,091$1,456,001
48$1,861,842$579,525$353,812$1,504,673
49$1,968,866$525,039$282,781$1,556,733
50$2,084,196$465,271$206,760$1,612,547
51$2,208,597$399,882$125,499$1,672,521
52$2,342,909$328,511$38,739$1,737,109
53$2,488,055$250,778$0$1,806,813
54$2,645,050$166,280$0$1,886,788
55$2,815,010$74,592$0$1,976,888
56$2,999,161$0$0$2,074,516
57$3,198,852$0$0$2,188,358
58$3,415,565$0$0$2,337,791
59$3,650,932$0$0$2,500,141
60$3,906,745$0$0$2,676,654
61$4,184,980$0$0$2,868,698
62$4,487,806$0$0$3,077,780
63$4,817,613$0$0$3,305,557
64$5,177,031$0$0$3,553,854
65$5,568,951$0$0$3,824,677
66$5,996,559$0$0$4,120,237
67$6,463,360$0$0$4,442,966
68$6,973,211$0$0$4,795,541
69$7,530,361$0$0$5,180,909
70$8,139,486$0$0$5,602,315
71$8,805,733$0$0$6,063,333
72$9,534,773$0$0$6,567,897
73$10,332,846$0$0$7,120,338
74$11,206,827$0$0$7,725,428
75$12,164,285$0$0$8,388,420
76$13,213,556$0$0$9,115,099
77$14,363,821$0$0$9,911,838
78$15,625,192$0$0$10,785,654
79$17,008,804$0$0$11,744,279
80$18,526,925$0$0$12,796,225
81$20,193,065$0$0$13,950,872
82$22,022,108$0$0$15,218,550
83$24,030,449$0$0$16,610,639
84$26,236,145$0$0$18,139,675
85$28,659,093$0$0$19,819,467
86$31,321,207$0$0$21,665,228
87$34,246,631$0$0$23,693,719
88$37,461,965$0$0$25,923,402
89$40,996,512$0$0$28,374,621
90$44,882,555$0$0$31,069,785
91$49,155,663$0$0$34,033,586
92$53,855,023$0$0$37,293,228
93$59,023,811$0$0$40,878,681
94$64,709,595$0$0$44,822,970
95$70,964,789$0$0$49,162,477
96$77,847,139$0$0$53,937,293
97$85,420,272$0$0$59,191,588
98$93,754,297$0$0$64,974,030
99$102,926,458$0$0$71,338,246
100$113,021,870$0$0$78,343,324