Can I retire at age 35 with 885,000?

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 $885,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.6%
1 years$73,082$72,431$71,796$71,176$70,571$68,949
2 years$36,179$35,506$34,853$34,219$33,605$31,980
3 years$23,880$23,203$22,552$21,925$21,321$19,743
4 years$17,732$17,057$16,412$15,796$15,206$13,688
5 years$14,043$13,373$12,736$12,132$11,559$10,105
6 years$11,585$10,920$10,293$9,702$9,147$7,758
7 years$9,830$9,171$8,553$7,977$7,439$6,116
8 years$8,515$7,861$7,254$6,692$6,171$4,914
9 years$7,492$6,844$6,248$5,700$5,197$4,004
10 years$6,674$6,033$5,447$4,913$4,428$3,298
11 years$6,006$5,371$4,795$4,276$3,808$2,739
12 years$5,449$4,820$4,256$3,751$3,300$2,291
13 years$4,978$4,356$3,802$3,311$2,878$1,926
14 years$4,575$3,960$3,416$2,939$2,523$1,627
15 years$4,226$3,617$3,085$2,621$2,221$1,379
16 years$3,921$3,319$2,797$2,347$1,963$1,173
17 years$3,652$3,057$2,545$2,109$1,741$1,000
18 years$3,413$2,824$2,323$1,901$1,548$854
19 years$3,200$2,618$2,127$1,717$1,379$731
20 years$3,008$2,432$1,952$1,555$1,232$627
21 years$2,834$2,266$1,795$1,412$1,103$538
22 years$2,677$2,115$1,655$1,283$988$462
23 years$2,534$1,978$1,528$1,169$887$398
24 years$2,402$1,853$1,413$1,066$797$342
25 years$2,282$1,739$1,309$974$718$295
26 years$2,170$1,635$1,214$890$646$254
27 years$2,068$1,538$1,127$815$583$219
28 years$1,972$1,450$1,048$747$526$189
29 years$1,884$1,368$975$685$475$163
30 years$1,801$1,291$908$628$429$141
31 years$1,724$1,221$847$577$388$122
32 years$1,652$1,155$790$530$351$105
33 years$1,585$1,094$738$488$318$91
34 years$1,521$1,037$689$449$287$78
35 years$1,462$983$644$413$260$68
36 years$1,406$933$603$380$236$59
37 years$1,353$887$564$351$214$51
38 years$1,302$843$528$323$194$44
39 years$1,255$801$495$298$176$38
40 years$1,210$762$464$275$159$33
41 years$1,167$726$435$253$145$28
42 years$1,127$691$408$234$131$24
43 years$1,088$658$383$216$119$21
44 years$1,052$628$359$199$108$18
45 years$1,017$598$337$184$98$16
46 years$983$571$317$170$89$14
47 years$951$545$298$157$81$12
48 years$921$520$280$145$73$10
49 years$892$497$263$134$67$9
50 years$864$474$247$124$61$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $885,000, adding $6,352 every year, while hoping to spend $32,723 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: 51/21/28 Blend
34$885,000$885,000$885,000$885,000
35$981,822$934,917$921,200$1,023,864
36$1,047,151$945,911$917,243$1,064,822
37$1,118,047$956,347$912,057$1,105,544
38$1,195,042$966,163$905,565$1,149,182
39$1,278,725$975,293$897,690$1,196,029
40$1,369,739$983,667$888,347$1,246,408
41$1,468,795$991,209$877,449$1,300,677
42$1,576,674$997,840$864,906$1,359,230
43$1,694,236$1,003,476$850,621$1,422,504
44$1,822,426$1,008,024$834,496$1,490,983
45$1,962,287$1,011,390$816,424$1,565,200
46$2,114,963$1,013,471$796,297$1,645,745
47$2,281,717$1,014,159$774,000$1,733,270
48$2,463,936$1,013,337$749,414$1,828,497
49$2,663,151$1,010,884$722,413$1,932,220
50$2,881,045$1,006,670$692,866$2,045,319
51$3,119,471$1,000,556$660,636$2,168,767
52$3,380,470$992,396$625,580$2,303,637
53$3,666,289$982,035$587,549$2,451,114
54$3,979,403$969,307$546,385$2,612,508
55$4,322,539$954,040$501,925$2,789,266
56$4,698,698$936,047$453,999$2,982,983
57$5,111,185$915,134$402,428$3,195,425
58$5,563,642$891,092$347,026$3,428,538
59$6,060,081$863,702$287,598$3,684,470
60$6,604,917$832,732$223,941$3,965,597
61$7,203,019$797,936$155,843$4,274,536
62$7,859,745$759,053$83,083$4,614,179
63$8,581,001$715,809$5,428$4,987,717
64$9,373,292$667,912$0$5,398,673
65$10,243,782$615,054$0$5,874,070
66$11,200,367$556,911$0$6,398,294
67$12,251,742$493,137$0$6,974,534
68$13,407,489$423,370$0$7,608,094
69$14,678,164$347,226$0$8,304,820
70$16,075,395$264,299$0$9,071,160
71$17,611,996$174,160$0$9,914,218
72$19,302,082$76,357$0$10,841,829
73$21,161,208$0$0$11,862,627
74$23,206,510$0$0$12,992,969
75$25,456,868$0$0$14,256,154
76$27,933,087$0$0$15,646,229
77$30,658,088$0$0$17,176,073
78$33,657,128$0$0$18,859,880
79$36,958,035$0$0$20,713,289
80$40,591,473$0$0$22,753,531
81$44,591,228$0$0$24,999,593
82$48,994,531$0$0$27,472,398
83$53,842,403$0$0$30,194,998
84$59,180,046$0$0$33,192,797
85$65,057,269$0$0$36,493,785
86$71,528,956$0$0$40,128,807
87$78,655,584$0$0$44,131,850
88$86,503,794$0$0$48,540,365
89$95,147,020$0$0$53,395,621
90$104,666,180$0$0$58,743,094
91$115,150,440$0$0$64,632,894
92$126,698,057$0$0$71,120,241
93$139,417,302$0$0$78,265,983
94$153,427,485$0$0$86,137,173
95$168,860,081$0$0$94,807,697
96$185,859,965$0$0$104,358,978
97$204,586,786$0$0$114,880,738
98$225,216,470$0$0$126,471,848
99$247,942,879$0$0$139,241,258
100$272,979,644$0$0$153,309,031