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%13.5%
1 years$73,082$72,431$71,796$71,176$70,571$69,545
2 years$36,179$35,506$34,853$34,219$33,605$32,574
3 years$23,880$23,203$22,552$21,925$21,321$20,316
4 years$17,732$17,057$16,412$15,796$15,206$14,235
5 years$14,043$13,373$12,736$12,132$11,559$10,626
6 years$11,585$10,920$10,293$9,702$9,147$8,251
7 years$9,830$9,171$8,553$7,977$7,439$6,582
8 years$8,515$7,861$7,254$6,692$6,171$5,353
9 years$7,492$6,844$6,248$5,700$5,197$4,416
10 years$6,674$6,033$5,447$4,913$4,428$3,685
11 years$6,006$5,371$4,795$4,276$3,808$3,102
12 years$5,449$4,820$4,256$3,751$3,300$2,630
13 years$4,978$4,356$3,802$3,311$2,878$2,242
14 years$4,575$3,960$3,416$2,939$2,523$1,921
15 years$4,226$3,617$3,085$2,621$2,221$1,652
16 years$3,921$3,319$2,797$2,347$1,963$1,426
17 years$3,652$3,057$2,545$2,109$1,741$1,234
18 years$3,413$2,824$2,323$1,901$1,548$1,070
19 years$3,200$2,618$2,127$1,717$1,379$931
20 years$3,008$2,432$1,952$1,555$1,232$810
21 years$2,834$2,266$1,795$1,412$1,103$707
22 years$2,677$2,115$1,655$1,283$988$617
23 years$2,534$1,978$1,528$1,169$887$539
24 years$2,402$1,853$1,413$1,066$797$472
25 years$2,282$1,739$1,309$974$718$413
26 years$2,170$1,635$1,214$890$646$362
27 years$2,068$1,538$1,127$815$583$318
28 years$1,972$1,450$1,048$747$526$279
29 years$1,884$1,368$975$685$475$245
30 years$1,801$1,291$908$628$429$215
31 years$1,724$1,221$847$577$388$189
32 years$1,652$1,155$790$530$351$166
33 years$1,585$1,094$738$488$318$146
34 years$1,521$1,037$689$449$287$128
35 years$1,462$983$644$413$260$113
36 years$1,406$933$603$380$236$99
37 years$1,353$887$564$351$214$87
38 years$1,302$843$528$323$194$77
39 years$1,255$801$495$298$176$68
40 years$1,210$762$464$275$159$60
41 years$1,167$726$435$253$145$53
42 years$1,127$691$408$234$131$46
43 years$1,088$658$383$216$119$41
44 years$1,052$628$359$199$108$36
45 years$1,017$598$337$184$98$32
46 years$983$571$317$170$89$28
47 years$951$545$298$157$81$24
48 years$921$520$280$145$73$22
49 years$892$497$263$134$67$19
50 years$864$474$247$124$61$17

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $885,000, adding $2,357 every year, while hoping to spend $59,985 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: 79/11/10 Blend
34$885,000$885,000$885,000$885,000
35$977,701$930,796$917,079$1,053,135
36$1,013,603$912,582$883,977$1,084,785
37$1,051,157$891,464$847,757$1,111,478
38$1,090,467$867,238$808,249$1,139,007
39$1,131,648$839,686$765,278$1,167,429
40$1,174,822$808,577$718,661$1,196,806
41$1,220,125$773,668$668,207$1,227,206
42$1,267,701$734,701$613,715$1,258,706
43$1,317,707$691,403$554,976$1,291,390
44$1,370,317$643,485$491,771$1,325,353
45$1,425,716$590,642$423,872$1,360,698
46$1,484,108$532,553$351,041$1,397,540
47$1,545,715$468,876$273,029$1,436,008
48$1,610,778$399,250$189,575$1,476,244
49$1,679,560$323,296$100,409$1,518,405
50$1,752,349$240,612$5,246$1,562,667
51$1,829,459$150,773$0$1,609,223
52$1,911,233$53,330$0$1,668,565
53$1,998,046$0$0$1,731,920
54$2,090,308$0$0$1,805,345
55$2,188,467$0$0$1,890,345
56$2,293,014$0$0$1,980,893
57$2,404,486$0$0$2,077,454
58$2,523,472$0$0$2,180,542
59$2,650,618$0$0$2,290,718
60$2,786,629$0$0$2,408,596
61$2,932,282$0$0$2,534,850
62$3,088,425$0$0$2,670,221
63$3,255,993$0$0$2,815,519
64$3,436,007$0$0$2,971,635
65$3,629,592$0$0$3,139,546
66$3,837,981$0$0$3,320,326
67$4,062,528$0$0$3,515,152
68$4,304,720$0$0$3,725,319
69$4,566,193$0$0$3,952,250
70$4,848,740$0$0$4,197,506
71$5,154,337$0$0$4,462,805
72$5,485,151$0$0$4,750,036
73$5,843,569$0$0$5,061,272
74$6,232,211$0$0$5,398,797
75$6,653,962$0$0$5,765,119
76$7,111,993$0$0$6,162,999
77$7,609,791$0$0$6,595,473
78$8,151,195$0$0$7,065,880
79$8,740,426$0$0$7,577,896
80$9,382,129$0$0$8,135,562
81$10,081,417$0$0$8,743,330
82$10,843,915$0$0$9,406,095
83$11,675,815$0$0$10,129,246
84$12,583,932$0$0$10,918,717
85$13,575,768$0$0$11,781,037
86$14,659,582$0$0$12,723,394
87$15,844,466$0$0$13,753,704
88$17,140,431$0$0$14,880,680
89$18,558,499$0$0$16,113,917
90$20,110,807$0$0$17,463,979
91$21,810,720$0$0$18,942,500
92$23,672,955$0$0$20,562,292
93$25,713,721$0$0$22,337,464
94$27,950,867$0$0$24,283,555
95$30,404,055$0$0$26,417,679
96$33,094,937$0$0$28,758,685
97$36,047,363$0$0$31,327,335
98$39,287,604$0$0$34,146,499
99$42,844,598$0$0$37,241,367
100$46,750,219$0$0$40,639,686