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%15.9%
1 years$73,000$72,350$71,715$71,096$70,491$68,787
2 years$36,139$35,466$34,813$34,181$33,567$31,861
3 years$23,853$23,177$22,526$21,900$21,296$19,641
4 years$17,712$17,038$16,393$15,778$15,189$13,597
5 years$14,028$13,358$12,722$12,119$11,546$10,022
6 years$11,572$10,908$10,281$9,691$9,136$7,682
7 years$9,819$9,160$8,544$7,968$7,430$6,045
8 years$8,505$7,852$7,246$6,684$6,164$4,848
9 years$7,484$6,837$6,241$5,693$5,191$3,943
10 years$6,667$6,026$5,441$4,908$4,423$3,242
11 years$5,999$5,365$4,790$4,271$3,804$2,688
12 years$5,443$4,815$4,251$3,746$3,296$2,244
13 years$4,973$4,351$3,798$3,308$2,875$1,883
14 years$4,570$3,955$3,413$2,936$2,520$1,587
15 years$4,221$3,613$3,081$2,618$2,219$1,343
16 years$3,916$3,315$2,793$2,345$1,961$1,139
17 years$3,648$3,053$2,542$2,107$1,739$969
18 years$3,409$2,821$2,320$1,898$1,546$826
19 years$3,196$2,615$2,124$1,715$1,378$705
20 years$3,004$2,430$1,950$1,554$1,231$603
21 years$2,831$2,263$1,793$1,410$1,101$517
22 years$2,674$2,113$1,653$1,282$987$443
23 years$2,531$1,976$1,526$1,168$886$380
24 years$2,400$1,851$1,411$1,065$797$326
25 years$2,279$1,737$1,307$973$717$280
26 years$2,168$1,633$1,212$889$646$241
27 years$2,065$1,537$1,126$814$582$207
28 years$1,970$1,448$1,047$746$525$178
29 years$1,882$1,366$974$684$474$154
30 years$1,799$1,290$907$628$429$132
31 years$1,723$1,219$846$576$387$114
32 years$1,651$1,154$789$530$350$98
33 years$1,583$1,093$737$487$317$85
34 years$1,520$1,036$688$448$287$73
35 years$1,460$982$644$413$260$63
36 years$1,404$932$602$380$236$54
37 years$1,351$886$563$350$214$47
38 years$1,301$842$528$323$194$40
39 years$1,253$800$494$298$176$35
40 years$1,209$761$463$274$159$30
41 years$1,166$725$435$253$144$26
42 years$1,125$690$408$234$131$22
43 years$1,087$658$382$216$119$19
44 years$1,050$627$359$199$108$17
45 years$1,015$598$337$184$98$14
46 years$982$570$317$170$89$12
47 years$950$544$297$157$81$11
48 years$920$520$280$145$73$9
49 years$891$496$263$134$67$8
50 years$863$474$247$124$61$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $884,000, adding $3,158 every year, while hoping to spend $52,981 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: 57/13/30 Blend
34$884,000$884,000$884,000$884,000
35$977,425$930,573$916,871$1,024,895
36$1,020,752$919,800$891,215$1,047,132
37$1,066,721$906,723$862,924$1,065,585
38$1,115,548$891,174$831,853$1,084,638
39$1,167,466$872,974$797,852$1,104,366
40$1,222,730$851,932$760,763$1,124,857
41$1,281,622$827,850$720,422$1,146,207
42$1,344,447$800,514$676,655$1,168,526
43$1,411,541$769,700$629,284$1,191,941
44$1,483,272$735,169$578,119$1,216,590
45$1,560,044$696,671$522,964$1,242,633
46$1,642,300$653,939$463,615$1,270,247
47$1,730,524$606,692$399,856$1,299,633
48$1,825,249$554,631$331,463$1,331,015
49$1,927,061$497,444$258,203$1,364,646
50$2,036,599$434,797$179,831$1,400,807
51$2,154,569$366,339$96,092$1,439,815
52$2,281,745$291,699$6,721$1,482,021
53$2,418,976$210,486$0$1,527,822
54$2,567,196$122,284$0$1,606,035
55$2,727,431$26,657$0$1,692,913
56$2,900,809$0$0$1,786,949
57$3,088,570$0$0$1,899,848
58$3,292,077$0$0$2,026,412
59$3,512,828$0$0$2,163,769
60$3,752,472$0$0$2,312,951
61$4,012,822$0$0$2,475,097
62$4,295,872$0$0$2,651,459
63$4,603,816$0$0$2,843,411
64$4,939,067$0$0$3,052,471
65$5,304,283$0$0$3,280,304
66$5,702,386$0$0$3,528,745
67$6,136,593$0$0$3,799,814
68$6,610,445$0$0$4,095,732
69$7,127,839$0$0$4,418,947
70$7,693,066$0$0$4,772,151
71$8,310,849$0$0$5,158,309
72$8,986,388$0$0$5,580,687
73$9,725,409$0$0$6,042,879
74$10,534,215$0$0$6,548,843
75$11,419,750$0$0$7,102,937
76$12,389,658$0$0$7,709,961
77$13,452,356$0$0$8,375,202
78$14,617,116$0$0$9,104,479
79$15,894,150$0$0$9,904,206
80$17,294,703$0$0$10,781,444
81$18,831,162$0$0$11,743,970
82$20,517,170$0$0$12,800,353
83$22,367,755$0$0$13,960,030
84$24,399,473$0$0$15,233,396
85$26,630,556$0$0$16,631,903
86$29,081,095$0$0$18,168,166
87$31,773,215$0$0$19,856,082
88$34,731,297$0$0$21,710,960
89$37,982,195$0$0$23,749,666
90$41,555,496$0$0$25,990,783
91$45,483,796$0$0$28,454,781
92$49,803,007$0$0$31,164,214
93$54,552,692$0$0$34,143,932
94$59,776,444$0$0$37,421,311
95$65,522,288$0$0$41,026,516
96$71,843,141$0$0$44,992,781
97$78,797,305$0$0$49,356,724
98$86,449,018$0$0$54,158,692
99$94,869,058$0$0$59,443,140
100$104,135,414$0$0$65,259,049