Can I retire at age 35 with 889,000?

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 $889,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.9%
1 years$73,413$72,759$72,121$71,498$70,890$69,744
2 years$36,343$35,666$35,010$34,374$33,757$32,606
3 years$23,988$23,308$22,654$22,024$21,417$20,296
4 years$17,812$17,134$16,486$15,867$15,275$14,193
5 years$14,107$13,433$12,794$12,187$11,612$10,572
6 years$11,638$10,969$10,339$9,746$9,188$8,192
7 years$9,875$9,212$8,592$8,013$7,472$6,520
8 years$8,553$7,896$7,287$6,722$6,199$5,290
9 years$7,526$6,875$6,276$5,726$5,220$4,354
10 years$6,705$6,060$5,472$4,935$4,448$3,624
11 years$6,033$5,395$4,817$4,295$3,825$3,043
12 years$5,474$4,842$4,275$3,768$3,315$2,573
13 years$5,001$4,376$3,820$3,326$2,891$2,188
14 years$4,596$3,978$3,432$2,953$2,534$1,870
15 years$4,245$3,634$3,099$2,633$2,231$1,604
16 years$3,939$3,334$2,809$2,358$1,972$1,380
17 years$3,668$3,070$2,556$2,118$1,748$1,191
18 years$3,429$2,837$2,334$1,909$1,555$1,030
19 years$3,214$2,629$2,136$1,725$1,386$893
20 years$3,021$2,443$1,961$1,562$1,238$775
21 years$2,847$2,276$1,803$1,418$1,108$674
22 years$2,689$2,124$1,662$1,289$993$587
23 years$2,545$1,987$1,535$1,174$891$511
24 years$2,413$1,862$1,419$1,071$801$446
25 years$2,292$1,747$1,315$978$721$390
26 years$2,180$1,642$1,219$894$649$340
27 years$2,077$1,545$1,132$819$585$298
28 years$1,981$1,456$1,052$750$528$260
29 years$1,892$1,374$979$688$477$228
30 years$1,810$1,297$912$631$431$199
31 years$1,732$1,226$850$580$390$175
32 years$1,660$1,160$793$533$352$153
33 years$1,592$1,099$741$490$319$134
34 years$1,528$1,042$692$451$289$117
35 years$1,468$988$647$415$262$103
36 years$1,412$938$605$382$237$90
37 years$1,359$891$567$352$215$79
38 years$1,308$846$531$325$195$69
39 years$1,261$805$497$299$177$61
40 years$1,215$766$466$276$160$53
41 years$1,173$729$437$255$145$47
42 years$1,132$694$410$235$132$41
43 years$1,093$661$385$217$120$36
44 years$1,056$630$361$200$109$32
45 years$1,021$601$339$185$99$28
46 years$988$573$318$171$90$24
47 years$956$547$299$158$81$21
48 years$925$522$281$146$74$19
49 years$896$499$264$135$67$17
50 years$868$477$248$125$61$14

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $889,000, adding $6,439 every year, while hoping to spend $26,377 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: 69/5/26 Blend
34$889,000$889,000$889,000$889,000
35$986,320$939,203$925,423$1,047,368
36$1,058,860$957,159$928,360$1,107,087
37$1,137,914$975,111$930,511$1,168,790
38$1,224,121$993,030$931,822$1,235,706
39$1,318,179$1,010,887$932,237$1,308,351
40$1,420,862$1,028,649$931,695$1,387,294
41$1,533,017$1,046,280$930,134$1,473,162
42$1,655,580$1,063,743$927,489$1,566,646
43$1,789,580$1,080,997$923,690$1,668,507
44$1,936,149$1,097,998$918,666$1,779,586
45$2,096,535$1,114,698$912,340$1,900,809
46$2,272,112$1,131,049$904,634$2,033,196
47$2,464,392$1,146,995$895,464$2,177,873
48$2,675,041$1,162,479$884,743$2,336,079
49$2,905,894$1,177,439$872,380$2,509,182
50$3,158,970$1,191,809$858,281$2,698,689
51$3,436,496$1,205,518$842,344$2,906,263
52$3,740,922$1,218,492$824,465$3,133,733
53$4,074,947$1,230,649$804,536$3,383,120
54$4,441,545$1,241,904$782,441$3,656,649
55$4,843,991$1,252,166$758,061$3,956,774
56$5,285,892$1,261,336$731,271$4,286,199
57$5,771,224$1,269,313$701,939$4,647,906
58$6,304,364$1,275,984$669,930$5,045,182
59$6,890,136$1,281,234$635,098$5,481,650
60$7,533,852$1,284,936$597,296$5,961,302
61$8,241,366$1,286,959$556,367$6,488,541
62$9,019,126$1,287,162$512,147$7,068,219
63$9,874,239$1,285,394$464,465$7,705,686
64$10,814,530$1,281,497$413,144$8,406,836
65$11,848,625$1,275,303$357,996$9,178,169
66$12,986,023$1,266,632$298,828$10,026,848
67$14,237,195$1,255,295$235,437$10,960,768
68$15,613,675$1,241,090$167,609$11,988,633
69$17,128,170$1,223,803$95,125$13,120,036
70$18,794,684$1,203,210$17,752$14,365,549
71$20,628,644$1,179,070$0$15,736,827
72$22,647,051$1,151,130$0$17,264,698
73$24,868,635$1,119,120$0$18,951,762
74$27,314,036$1,082,757$0$20,808,768
75$30,005,995$1,041,739$0$22,852,990
76$32,969,571$995,749$0$25,103,467
77$36,232,374$944,448$0$27,581,175
78$39,824,831$887,480$0$30,309,229
79$43,780,466$824,469$0$33,313,101
80$48,136,221$755,015$0$36,620,859
81$52,932,802$678,698$0$40,263,433
82$58,215,066$595,072$0$44,274,906
83$64,032,438$503,666$0$48,692,837
84$70,439,385$403,984$0$53,558,612
85$77,495,923$295,500$0$58,917,839
86$85,268,188$177,660$0$64,820,776
87$93,829,055$49,877$0$71,322,806
88$103,258,831$0$0$78,484,958
89$113,646,009$0$0$86,379,354
90$125,088,105$0$0$95,078,599
91$137,692,577$0$0$104,661,657
92$151,577,837$0$0$115,218,564
93$166,874,373$0$0$126,848,542
94$183,725,977$0$0$139,660,924
95$202,291,104$0$0$153,776,194
96$222,744,362$0$0$169,327,123
97$245,278,170$0$0$186,460,017
98$270,104,563$0$0$205,336,105
99$297,457,201$0$0$226,133,055
100$327,593,570$0$0$249,046,653