Can I retire at age 35 with 887,000?

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 $887,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.1%
1 years$73,248$72,595$71,959$71,337$70,731$68,412
2 years$36,261$35,586$34,931$34,297$33,681$31,367
3 years$23,934$23,256$22,603$21,974$21,369$19,132
4 years$17,772$17,095$16,449$15,831$15,240$13,098
5 years$14,075$13,403$12,765$12,160$11,585$9,544
6 years$11,612$10,945$10,316$9,724$9,167$7,227
7 years$9,853$9,191$8,573$7,995$7,455$5,617
8 years$8,534$7,879$7,270$6,707$6,185$4,447
9 years$7,509$6,860$6,262$5,713$5,209$3,569
10 years$6,689$6,047$5,459$4,924$4,438$2,894
11 years$6,019$5,383$4,806$4,286$3,817$2,366
12 years$5,461$4,831$4,265$3,759$3,308$1,946
13 years$4,990$4,366$3,811$3,319$2,884$1,609
14 years$4,585$3,969$3,424$2,946$2,528$1,336
15 years$4,236$3,625$3,092$2,627$2,226$1,113
16 years$3,930$3,326$2,803$2,352$1,967$929
17 years$3,660$3,063$2,551$2,114$1,745$778
18 years$3,421$2,831$2,328$1,905$1,551$653
19 years$3,207$2,623$2,131$1,721$1,383$548
20 years$3,015$2,438$1,956$1,559$1,235$461
21 years$2,841$2,271$1,799$1,415$1,105$388
22 years$2,683$2,120$1,658$1,286$991$327
23 years$2,539$1,983$1,531$1,172$889$276
24 years$2,408$1,857$1,416$1,068$799$233
25 years$2,287$1,743$1,312$976$719$197
26 years$2,175$1,638$1,216$892$648$166
27 years$2,072$1,542$1,130$817$584$140
28 years$1,977$1,453$1,050$748$527$119
29 years$1,888$1,371$977$686$476$100
30 years$1,806$1,294$910$630$430$85
31 years$1,728$1,224$849$578$389$72
32 years$1,656$1,158$792$532$352$61
33 years$1,588$1,096$739$489$318$51
34 years$1,525$1,039$691$450$288$43
35 years$1,465$986$646$414$261$37
36 years$1,409$936$604$381$236$31
37 years$1,356$889$565$351$214$26
38 years$1,305$844$529$324$194$22
39 years$1,258$803$496$299$176$19
40 years$1,213$764$465$275$160$16
41 years$1,170$727$436$254$145$14
42 years$1,129$693$409$234$132$11
43 years$1,091$660$384$216$119$10
44 years$1,054$629$360$200$108$8
45 years$1,019$600$338$185$98$7
46 years$985$572$318$170$89$6
47 years$954$546$298$158$81$5
48 years$923$521$280$146$74$4
49 years$894$498$264$135$67$4
50 years$866$476$248$124$61$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $887,000, adding $2,001 every year, while hoping to spend $41,782 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: 67/27/6 Blend
34$887,000$887,000$887,000$887,000
35$979,538$932,527$918,779$1,044,153
36$1,034,995$933,765$905,102$1,088,490
37$1,094,709$933,664$889,567$1,131,703
38$1,159,068$932,113$872,067$1,177,819
39$1,228,503$928,996$852,490$1,227,113
40$1,303,483$924,189$830,721$1,279,891
41$1,384,525$917,561$806,638$1,336,490
42$1,472,199$908,974$780,112$1,397,282
43$1,567,128$898,279$751,011$1,462,680
44$1,670,001$885,320$719,195$1,533,137
45$1,781,572$869,931$684,519$1,609,155
46$1,902,671$851,937$646,830$1,691,289
47$2,034,214$831,152$605,969$1,780,151
48$2,177,204$807,379$561,769$1,876,417
49$2,332,747$780,409$514,057$1,980,833
50$2,502,060$750,022$462,650$2,094,224
51$2,686,481$715,984$407,360$2,217,501
52$2,887,483$678,048$347,987$2,351,669
53$3,106,687$635,953$284,326$2,497,838
54$3,345,877$589,423$216,159$2,657,235
55$3,607,018$538,166$143,262$2,831,212
56$3,892,271$481,873$65,398$3,021,264
57$4,204,015$420,218$0$3,229,041
58$4,544,872$352,855$0$3,457,497
59$4,917,725$279,422$0$3,712,051
60$5,325,752$199,532$0$3,990,748
61$5,772,449$112,780$0$4,296,055
62$6,261,669$18,736$0$4,630,695
63$6,797,653$0$0$4,997,672
64$7,385,072$0$0$5,424,974
65$8,029,071$0$0$5,899,590
66$8,735,315$0$0$6,420,138
67$9,510,046$0$0$6,991,224
68$10,360,136$0$0$7,617,921
69$11,293,158$0$0$8,305,820
70$12,317,451$0$0$9,061,077
71$13,442,202$0$0$9,890,474
72$14,677,532$0$0$10,801,482
73$16,034,588$0$0$11,802,332
74$17,525,653$0$0$12,902,090
75$19,164,255$0$0$14,110,745
76$20,965,301$0$0$15,439,301
77$22,945,211$0$0$16,899,881
78$25,122,079$0$0$18,505,843
79$27,515,835$0$0$20,271,900
80$30,148,440$0$0$22,214,268
81$33,044,090$0$0$24,350,808
82$36,229,442$0$0$26,701,201
83$39,733,868$0$0$29,287,133
84$43,589,729$0$0$32,132,495
85$47,832,683$0$0$35,263,614
86$52,502,018$0$0$38,709,496
87$57,641,022$0$0$42,502,101
88$63,297,395$0$0$46,676,645
89$69,523,692$0$0$51,271,932
90$76,377,826$0$0$56,330,717
91$83,923,607$0$0$61,900,113
92$92,231,348$0$0$68,032,033
93$101,378,526$0$0$74,783,679
94$111,450,512$0$0$82,218,083
95$122,541,380$0$0$90,404,701
96$134,754,788$0$0$99,420,064
97$148,204,960$0$0$109,348,509
98$163,017,764$0$0$120,282,964
99$179,331,894$0$0$132,325,833
100$197,300,184$0$0$145,589,955