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%14.1%
1 years$73,413$72,759$72,121$71,498$70,890$69,687
2 years$36,343$35,666$35,010$34,374$33,757$32,549
3 years$23,988$23,308$22,654$22,024$21,417$20,241
4 years$17,812$17,134$16,486$15,867$15,275$14,140
5 years$14,107$13,433$12,794$12,187$11,612$10,522
6 years$11,638$10,969$10,339$9,746$9,188$8,144
7 years$9,875$9,212$8,592$8,013$7,472$6,474
8 years$8,553$7,896$7,287$6,722$6,199$5,247
9 years$7,526$6,875$6,276$5,726$5,220$4,314
10 years$6,705$6,060$5,472$4,935$4,448$3,586
11 years$6,033$5,395$4,817$4,295$3,825$3,007
12 years$5,474$4,842$4,275$3,768$3,315$2,540
13 years$5,001$4,376$3,820$3,326$2,891$2,157
14 years$4,596$3,978$3,432$2,953$2,534$1,841
15 years$4,245$3,634$3,099$2,633$2,231$1,577
16 years$3,939$3,334$2,809$2,358$1,972$1,355
17 years$3,668$3,070$2,556$2,118$1,748$1,168
18 years$3,429$2,837$2,334$1,909$1,555$1,008
19 years$3,214$2,629$2,136$1,725$1,386$873
20 years$3,021$2,443$1,961$1,562$1,238$757
21 years$2,847$2,276$1,803$1,418$1,108$657
22 years$2,689$2,124$1,662$1,289$993$571
23 years$2,545$1,987$1,535$1,174$891$497
24 years$2,413$1,862$1,419$1,071$801$433
25 years$2,292$1,747$1,315$978$721$377
26 years$2,180$1,642$1,219$894$649$329
27 years$2,077$1,545$1,132$819$585$287
28 years$1,981$1,456$1,052$750$528$251
29 years$1,892$1,374$979$688$477$219
30 years$1,810$1,297$912$631$431$192
31 years$1,732$1,226$850$580$390$167
32 years$1,660$1,160$793$533$352$146
33 years$1,592$1,099$741$490$319$128
34 years$1,528$1,042$692$451$289$112
35 years$1,468$988$647$415$262$98
36 years$1,412$938$605$382$237$86
37 years$1,359$891$567$352$215$75
38 years$1,308$846$531$325$195$66
39 years$1,261$805$497$299$177$58
40 years$1,215$766$466$276$160$50
41 years$1,173$729$437$255$145$44
42 years$1,132$694$410$235$132$39
43 years$1,093$661$385$217$120$34
44 years$1,056$630$361$200$109$30
45 years$1,021$601$339$185$99$26
46 years$988$573$318$171$90$23
47 years$956$547$299$158$81$20
48 years$925$522$281$146$74$18
49 years$896$499$264$135$67$15
50 years$868$477$248$125$61$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $889,000, adding $2,287 every year, while hoping to spend $36,427 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: 62/8/30 Blend
34$889,000$889,000$889,000$889,000
35$982,037$934,920$921,141$1,034,843
36$1,043,447$941,973$913,241$1,078,118
37$1,109,899$948,151$903,855$1,121,224
38$1,181,871$953,372$892,896$1,167,535
39$1,259,884$957,550$880,271$1,217,373
40$1,344,515$960,593$865,883$1,271,094
41$1,436,397$962,402$849,631$1,329,091
42$1,536,224$962,875$831,408$1,391,797
43$1,644,764$961,900$811,105$1,459,692
44$1,762,857$959,361$788,604$1,533,306
45$1,891,431$955,133$763,786$1,613,224
46$2,031,506$949,083$736,521$1,700,092
47$2,184,204$941,072$706,679$1,794,625
48$2,350,759$930,952$674,119$1,897,611
49$2,532,532$918,564$638,698$2,009,920
50$2,731,019$903,742$600,262$2,132,514
51$2,947,866$886,309$558,655$2,266,455
52$3,184,888$866,077$513,709$2,412,915
53$3,444,081$842,849$465,253$2,573,188
54$3,727,643$816,415$413,105$2,748,701
55$4,037,995$786,551$357,076$2,941,033
56$4,377,802$753,023$296,969$3,151,923
57$4,749,999$715,583$232,579$3,383,292
58$5,157,818$673,966$163,690$3,637,260
59$5,604,820$627,894$90,077$3,916,166
60$6,094,924$577,074$11,508$4,222,591
61$6,632,449$521,193$0$4,559,385
62$7,222,150$459,923$0$4,952,846
63$7,869,267$392,916$0$5,388,722
64$8,579,568$319,805$0$5,867,236
65$9,359,411$240,203$0$6,392,699
66$10,215,797$153,699$0$6,969,858
67$11,156,439$59,860$0$7,603,946
68$12,189,833$0$0$8,300,730
69$13,325,339$0$0$9,070,240
70$14,573,270$0$0$9,921,800
71$15,944,985$0$0$10,857,901
72$17,453,000$0$0$11,887,092
73$19,111,104$0$0$13,018,793
74$20,934,488$0$0$14,263,384
75$22,939,890$0$0$15,632,298
76$25,145,750$0$0$17,138,134
77$27,572,388$0$0$18,794,773
78$30,242,187$0$0$20,617,507
79$33,179,816$0$0$22,623,190
80$36,412,449$0$0$24,830,387
81$39,970,032$0$0$27,259,556
82$43,885,559$0$0$29,933,239
83$48,195,386$0$0$32,876,275
84$52,939,570$0$0$36,116,030
85$58,162,251$0$0$39,682,660
86$63,912,064$0$0$43,609,395
87$70,242,603$0$0$47,932,849
88$77,212,919$0$0$52,693,367
89$84,888,083$0$0$57,935,406
90$93,339,796$0$0$63,707,954
91$102,647,067$0$0$70,064,990
92$112,896,959$0$0$77,065,996
93$124,185,406$0$0$84,776,518
94$136,618,122$0$0$93,268,782
95$150,311,598$0$0$102,622,376
96$165,394,200$0$0$112,925,002
97$182,007,378$0$0$124,273,304
98$200,307,003$0$0$136,773,775
99$220,464,839$0$0$150,543,769
100$242,670,159$0$0$165,712,603