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%12.2%
1 years$73,413$72,759$72,121$71,498$70,890$70,237
2 years$36,343$35,666$35,010$34,374$33,757$33,100
3 years$23,988$23,308$22,654$22,024$21,417$20,775
4 years$17,812$17,134$16,486$15,867$15,275$14,653
5 years$14,107$13,433$12,794$12,187$11,612$11,012
6 years$11,638$10,969$10,339$9,746$9,188$8,611
7 years$9,875$9,212$8,592$8,013$7,472$6,919
8 years$8,553$7,896$7,287$6,722$6,199$5,669
9 years$7,526$6,875$6,276$5,726$5,220$4,713
10 years$6,705$6,060$5,472$4,935$4,448$3,964
11 years$6,033$5,395$4,817$4,295$3,825$3,364
12 years$5,474$4,842$4,275$3,768$3,315$2,875
13 years$5,001$4,376$3,820$3,326$2,891$2,472
14 years$4,596$3,978$3,432$2,953$2,534$2,137
15 years$4,245$3,634$3,099$2,633$2,231$1,854
16 years$3,939$3,334$2,809$2,358$1,972$1,614
17 years$3,668$3,070$2,556$2,118$1,748$1,410
18 years$3,429$2,837$2,334$1,909$1,555$1,235
19 years$3,214$2,629$2,136$1,725$1,386$1,083
20 years$3,021$2,443$1,961$1,562$1,238$952
21 years$2,847$2,276$1,803$1,418$1,108$839
22 years$2,689$2,124$1,662$1,289$993$740
23 years$2,545$1,987$1,535$1,174$891$653
24 years$2,413$1,862$1,419$1,071$801$577
25 years$2,292$1,747$1,315$978$721$511
26 years$2,180$1,642$1,219$894$649$452
27 years$2,077$1,545$1,132$819$585$401
28 years$1,981$1,456$1,052$750$528$355
29 years$1,892$1,374$979$688$477$315
30 years$1,810$1,297$912$631$431$280
31 years$1,732$1,226$850$580$390$249
32 years$1,660$1,160$793$533$352$221
33 years$1,592$1,099$741$490$319$196
34 years$1,528$1,042$692$451$289$175
35 years$1,468$988$647$415$262$155
36 years$1,412$938$605$382$237$138
37 years$1,359$891$567$352$215$123
38 years$1,308$846$531$325$195$109
39 years$1,261$805$497$299$177$97
40 years$1,215$766$466$276$160$87
41 years$1,173$729$437$255$145$77
42 years$1,132$694$410$235$132$69
43 years$1,093$661$385$217$120$61
44 years$1,056$630$361$200$109$54
45 years$1,021$601$339$185$99$48
46 years$988$573$318$171$90$43
47 years$956$547$299$158$81$38
48 years$925$522$281$146$74$34
49 years$896$499$264$135$67$31
50 years$868$477$248$125$61$27

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $889,000, adding $3,287 every year, while hoping to spend $54,978 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: 43/40/17 Blend
34$889,000$889,000$889,000$889,000
35$983,069$935,952$922,172$1,020,349
36$1,024,845$923,317$894,569$1,034,274
37$1,069,041$908,221$864,198$1,043,673
38$1,115,843$890,484$830,909$1,052,691
39$1,165,460$869,918$794,544$1,061,319
40$1,218,114$846,321$754,939$1,069,551
41$1,274,053$819,483$711,922$1,077,383
42$1,333,547$789,178$665,311$1,084,818
43$1,396,889$755,168$614,919$1,091,863
44$1,464,403$717,202$560,550$1,098,530
45$1,536,441$675,014$501,998$1,104,841
46$1,613,392$628,324$439,049$1,110,822
47$1,695,679$576,833$371,478$1,116,510
48$1,783,768$520,227$299,052$1,121,954
49$1,878,168$458,174$221,526$1,127,213
50$1,979,439$390,322$138,645$1,132,360
51$2,088,195$316,302$50,143$1,137,484
52$2,205,111$235,720$0$1,142,691
53$2,330,925$148,163$0$1,156,143
54$2,466,451$53,194$0$1,180,181
55$2,612,580$0$0$1,205,930
56$2,770,292$0$0$1,255,502
57$2,940,665$0$0$1,334,432
58$3,124,881$0$0$1,419,865
59$3,324,243$0$0$1,512,417
60$3,540,178$0$0$1,612,761
61$3,774,260$0$0$1,721,643
62$4,028,218$0$0$1,839,878
63$4,303,952$0$0$1,968,366
64$4,603,554$0$0$2,108,096
65$4,929,325$0$0$2,260,155
66$5,283,794$0$0$2,425,741
67$5,669,748$0$0$2,606,171
68$6,090,249$0$0$2,802,894
69$6,548,670$0$0$3,017,506
70$7,048,723$0$0$3,251,763
71$7,594,491$0$0$3,507,598
72$8,190,473$0$0$3,787,139
73$8,841,616$0$0$4,092,729
74$9,553,372$0$0$4,426,947
75$10,331,738$0$0$4,792,633
76$11,183,322$0$0$5,192,915
77$12,115,396$0$0$5,631,236
78$13,135,970$0$0$6,111,387
79$14,253,863$0$0$6,637,546
80$15,478,790$0$0$7,214,310
81$16,821,447$0$0$7,846,747
82$18,293,615$0$0$8,540,434
83$19,908,270$0$0$9,301,517
84$21,679,704$0$0$10,136,764
85$23,623,659$0$0$11,053,631
86$25,757,476$0$0$12,060,330
87$28,100,254$0$0$13,165,908
88$30,673,035$0$0$14,380,331
89$33,498,995$0$0$15,714,577
90$36,603,669$0$0$17,180,741
91$40,015,185$0$0$18,792,147
92$43,764,530$0$0$20,563,474
93$47,885,844$0$0$22,510,894
94$52,416,738$0$0$24,652,225
95$57,398,649$0$0$27,007,095
96$62,877,230$0$0$29,597,133
97$68,902,780$0$0$32,446,167
98$75,530,716$0$0$35,580,452
99$82,822,097$0$0$39,028,914
100$90,844,198$0$0$42,823,426