Can I retire at age 35 with 889,000?

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 $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%19%
1 years$73,413$72,759$72,121$71,498$70,890$68,321
2 years$36,343$35,666$35,010$34,374$33,757$31,197
3 years$23,988$23,308$22,654$22,024$21,417$18,946
4 years$17,812$17,134$16,486$15,867$15,275$12,912
5 years$14,107$13,433$12,794$12,187$11,612$9,363
6 years$11,638$10,969$10,339$9,746$9,188$7,056
7 years$9,875$9,212$8,592$8,013$7,472$5,456
8 years$8,553$7,896$7,287$6,722$6,199$4,296
9 years$7,526$6,875$6,276$5,726$5,220$3,429
10 years$6,705$6,060$5,472$4,935$4,448$2,765
11 years$6,033$5,395$4,817$4,295$3,825$2,247
12 years$5,474$4,842$4,275$3,768$3,315$1,838
13 years$5,001$4,376$3,820$3,326$2,891$1,510
14 years$4,596$3,978$3,432$2,953$2,534$1,246
15 years$4,245$3,634$3,099$2,633$2,231$1,031
16 years$3,939$3,334$2,809$2,358$1,972$856
17 years$3,668$3,070$2,556$2,118$1,748$712
18 years$3,429$2,837$2,334$1,909$1,555$593
19 years$3,214$2,629$2,136$1,725$1,386$494
20 years$3,021$2,443$1,961$1,562$1,238$413
21 years$2,847$2,276$1,803$1,418$1,108$345
22 years$2,689$2,124$1,662$1,289$993$289
23 years$2,545$1,987$1,535$1,174$891$242
24 years$2,413$1,862$1,419$1,071$801$203
25 years$2,292$1,747$1,315$978$721$170
26 years$2,180$1,642$1,219$894$649$143
27 years$2,077$1,545$1,132$819$585$120
28 years$1,981$1,456$1,052$750$528$100
29 years$1,892$1,374$979$688$477$84
30 years$1,810$1,297$912$631$431$71
31 years$1,732$1,226$850$580$390$59
32 years$1,660$1,160$793$533$352$50
33 years$1,592$1,099$741$490$319$42
34 years$1,528$1,042$692$451$289$35
35 years$1,468$988$647$415$262$30
36 years$1,412$938$605$382$237$25
37 years$1,359$891$567$352$215$21
38 years$1,308$846$531$325$195$18
39 years$1,261$805$497$299$177$15
40 years$1,215$766$466$276$160$12
41 years$1,173$729$437$255$145$10
42 years$1,132$694$410$235$132$9
43 years$1,093$661$385$217$120$7
44 years$1,056$630$361$200$109$6
45 years$1,021$601$339$185$99$5
46 years$988$573$318$171$90$4
47 years$956$547$299$158$81$4
48 years$925$522$281$146$74$3
49 years$896$499$264$135$67$3
50 years$868$477$248$125$61$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $889,000, adding $3,102 every year, while hoping to spend $57,043 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: 81/6/13 Blend
34$889,000$889,000$889,000$889,000
35$982,878$935,761$921,981$1,059,818
36$1,022,438$920,920$892,174$1,095,937
37$1,064,121$903,440$859,457$1,127,820
38$1,108,085$883,131$823,672$1,161,154
39$1,154,498$859,793$784,653$1,196,055
40$1,203,547$833,213$742,229$1,232,653
41$1,255,435$803,167$696,220$1,271,091
42$1,310,383$769,415$646,437$1,311,526
43$1,368,632$731,707$592,683$1,354,133
44$1,430,448$689,776$534,753$1,399,102
45$1,496,119$643,340$472,432$1,446,645
46$1,565,960$592,101$405,497$1,496,996
47$1,640,319$535,745$333,711$1,550,413
48$1,719,573$473,938$256,832$1,607,179
49$1,804,137$406,328$174,603$1,667,609
50$1,894,465$332,545$86,759$1,732,049
51$1,991,056$252,194$0$1,800,881
52$2,094,454$164,863$0$1,875,498
53$2,205,259$70,111$0$1,968,301
54$2,324,126$0$0$2,067,801
55$2,451,778$0$0$2,176,757
56$2,589,003$0$0$2,298,877
57$2,736,670$0$0$2,430,306
58$2,895,732$0$0$2,571,894
59$3,067,236$0$0$2,724,576
60$3,252,332$0$0$2,889,377
61$3,452,283$0$0$3,067,426
62$3,668,478$0$0$3,259,960
63$3,902,442$0$0$3,468,341
64$4,155,855$0$0$3,694,068
65$4,430,559$0$0$3,938,785
66$4,728,583$0$0$4,204,303
67$5,052,158$0$0$4,492,612
68$5,403,738$0$0$4,805,902
69$5,786,021$0$0$5,146,582
70$6,201,976$0$0$5,517,301
71$6,654,871$0$0$5,920,974
72$7,148,301$0$0$6,360,812
73$7,686,221$0$0$6,840,343
74$8,272,986$0$0$7,363,455
75$8,913,389$0$0$7,934,424
76$9,612,704$0$0$8,557,958
77$10,376,739$0$0$9,239,241
78$11,211,887$0$0$9,983,979
79$12,125,187$0$0$10,798,453
80$13,124,388$0$0$11,689,581
81$14,218,025$0$0$12,664,980
82$15,415,494$0$0$13,733,035
83$16,727,142$0$0$14,902,984
84$18,164,365$0$0$16,184,996
85$19,739,713$0$0$17,590,273
86$21,467,008$0$0$19,131,153
87$23,361,473$0$0$20,821,223
88$25,439,876$0$0$22,675,448
89$27,720,685$0$0$24,710,314
90$30,224,244$0$0$26,943,979
91$32,972,961$0$0$29,396,443
92$35,991,522$0$0$32,089,740
93$39,307,118$0$0$35,048,142
94$42,949,706$0$0$38,298,386
95$46,952,285$0$0$41,869,928
96$51,351,212$0$0$45,795,218
97$56,186,537$0$0$50,110,007
98$61,502,387$0$0$54,853,679
99$67,347,375$0$0$60,069,628
100$73,775,063$0$0$65,805,662