Can I retire at age 35 with 887,000?

Use the below retirement simulation to view the chances of a successful retirement.
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%11.7%
1 years$73,248$72,595$71,959$71,337$70,731$70,226
2 years$36,261$35,586$34,931$34,297$33,681$33,172
3 years$23,934$23,256$22,603$21,974$21,369$20,871
4 years$17,772$17,095$16,449$15,831$15,240$14,758
5 years$14,075$13,403$12,765$12,160$11,585$11,120
6 years$11,612$10,945$10,316$9,724$9,167$8,719
7 years$9,853$9,191$8,573$7,995$7,455$7,025
8 years$8,534$7,879$7,270$6,707$6,185$5,772
9 years$7,509$6,860$6,262$5,713$5,209$4,814
10 years$6,689$6,047$5,459$4,924$4,438$4,060
11 years$6,019$5,383$4,806$4,286$3,817$3,456
12 years$5,461$4,831$4,265$3,759$3,308$2,963
13 years$4,990$4,366$3,811$3,319$2,884$2,556
14 years$4,585$3,969$3,424$2,946$2,528$2,216
15 years$4,236$3,625$3,092$2,627$2,226$1,930
16 years$3,930$3,326$2,803$2,352$1,967$1,686
17 years$3,660$3,063$2,551$2,114$1,745$1,478
18 years$3,421$2,831$2,328$1,905$1,551$1,299
19 years$3,207$2,623$2,131$1,721$1,383$1,144
20 years$3,015$2,438$1,956$1,559$1,235$1,009
21 years$2,841$2,271$1,799$1,415$1,105$892
22 years$2,683$2,120$1,658$1,286$991$790
23 years$2,539$1,983$1,531$1,172$889$700
24 years$2,408$1,857$1,416$1,068$799$621
25 years$2,287$1,743$1,312$976$719$552
26 years$2,175$1,638$1,216$892$648$490
27 years$2,072$1,542$1,130$817$584$436
28 years$1,977$1,453$1,050$748$527$388
29 years$1,888$1,371$977$686$476$346
30 years$1,806$1,294$910$630$430$308
31 years$1,728$1,224$849$578$389$275
32 years$1,656$1,158$792$532$352$245
33 years$1,588$1,096$739$489$318$219
34 years$1,525$1,039$691$450$288$195
35 years$1,465$986$646$414$261$175
36 years$1,409$936$604$381$236$156
37 years$1,356$889$565$351$214$139
38 years$1,305$844$529$324$194$125
39 years$1,258$803$496$299$176$111
40 years$1,213$764$465$275$160$99
41 years$1,170$727$436$254$145$89
42 years$1,129$693$409$234$132$80
43 years$1,091$660$384$216$119$71
44 years$1,054$629$360$200$108$64
45 years$1,019$600$338$185$98$57
46 years$985$572$318$170$89$51
47 years$954$546$298$158$81$46
48 years$923$521$280$146$74$41
49 years$894$498$264$135$67$36
50 years$866$476$248$124$61$33

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $887,000, adding $6,399 every year, while hoping to spend $54,247 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: 67/8/25 Blend
34$887,000$887,000$887,000$887,000
35$984,075$937,064$923,315$1,043,249
36$1,026,732$925,261$896,528$1,072,020
37$1,071,922$911,063$867,025$1,096,717
38$1,119,846$894,293$834,658$1,122,483
39$1,170,724$874,767$799,273$1,149,423
40$1,224,796$852,288$760,707$1,177,656
41$1,282,325$826,651$718,790$1,207,317
42$1,343,599$797,633$673,347$1,238,552
43$1,408,933$765,004$624,191$1,271,529
44$1,478,672$728,517$571,129$1,306,430
45$1,553,194$687,912$513,960$1,343,462
46$1,632,914$642,914$452,471$1,382,853
47$1,718,287$593,232$386,444$1,424,858
48$1,809,810$538,558$315,648$1,469,759
49$1,908,030$478,567$239,842$1,517,871
50$2,013,548$412,916$158,775$1,569,543
51$2,127,022$341,241$72,186$1,625,164
52$2,249,175$263,159$0$1,685,166
53$2,380,802$178,264$0$1,755,420
54$2,522,774$86,130$0$1,851,964
55$2,676,050$0$0$1,956,192
56$2,841,683$0$0$2,070,045
57$3,020,829$0$0$2,201,432
58$3,214,761$0$0$2,343,707
59$3,424,877$0$0$2,497,903
60$3,652,715$0$0$2,665,154
61$3,899,965$0$0$2,846,707
62$4,168,486$0$0$3,043,934
63$4,460,325$0$0$3,258,345
64$4,777,730$0$0$3,491,599
65$5,123,179$0$0$3,745,523
66$5,499,393$0$0$4,022,128
67$5,909,372$0$0$4,323,626
68$6,356,413$0$0$4,652,450
69$6,844,148$0$0$5,011,280
70$7,376,572$0$0$5,403,066
71$7,958,084$0$0$5,831,054
72$8,593,527$0$0$6,298,819
73$9,288,232$0$0$6,810,295
74$10,048,070$0$0$7,369,814
75$10,879,503$0$0$7,982,149
76$11,789,648$0$0$8,652,550
77$12,786,341$0$0$9,386,804
78$13,878,212$0$0$10,191,280
79$15,074,766$0$0$11,072,993
80$16,386,469$0$0$12,039,671
81$17,824,850$0$0$13,099,822
82$19,402,604$0$0$14,262,821
83$21,133,717$0$0$15,538,990
84$23,033,594$0$0$16,939,701
85$25,119,201$0$0$18,477,480
86$27,409,230$0$0$20,166,125
87$29,924,270$0$0$22,020,837
88$32,687,001$0$0$24,058,359
89$35,722,411$0$0$26,297,136
90$39,058,025$0$0$28,757,492
91$42,724,166$0$0$31,461,812
92$46,754,245$0$0$34,434,760
93$51,185,066$0$0$37,703,511
94$56,057,180$0$0$41,298,001
95$61,415,264$0$0$45,251,214
96$67,308,541$0$0$49,599,491
97$73,791,242$0$0$54,382,870
98$80,923,122$0$0$59,645,468
99$88,770,017$0$0$65,435,890
100$97,404,466$0$0$71,807,692