Can I retire at age 35 with 890,000?

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 $890,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.7%
1 years$73,495$72,841$72,202$71,579$70,970$68,479
2 years$36,384$35,706$35,050$34,413$33,795$31,312
3 years$24,015$23,334$22,679$22,049$21,441$19,043
4 years$17,832$17,153$16,505$15,885$15,292$12,998
5 years$14,123$13,448$12,808$12,201$11,625$9,441
6 years$11,651$10,982$10,351$9,757$9,198$7,126
7 years$9,886$9,222$8,602$8,022$7,481$5,519
8 years$8,563$7,905$7,295$6,729$6,206$4,354
9 years$7,534$6,883$6,283$5,732$5,226$3,482
10 years$6,712$6,067$5,478$4,941$4,453$2,813
11 years$6,040$5,401$4,823$4,300$3,830$2,290
12 years$5,480$4,848$4,280$3,772$3,319$1,877
13 years$5,006$4,381$3,824$3,330$2,894$1,545
14 years$4,601$3,982$3,436$2,956$2,537$1,278
15 years$4,250$3,638$3,102$2,636$2,234$1,060
16 years$3,943$3,338$2,812$2,360$1,974$881
17 years$3,673$3,074$2,559$2,121$1,750$734
18 years$3,432$2,840$2,336$1,911$1,556$613
19 years$3,218$2,632$2,139$1,727$1,387$513
20 years$3,025$2,446$1,963$1,564$1,239$429
21 years$2,851$2,278$1,805$1,420$1,109$360
22 years$2,692$2,127$1,664$1,291$994$302
23 years$2,548$1,989$1,536$1,175$892$253
24 years$2,416$1,864$1,421$1,072$802$213
25 years$2,295$1,749$1,316$979$722$179
26 years$2,183$1,644$1,221$895$650$150
27 years$2,079$1,547$1,133$819$586$126
28 years$1,984$1,458$1,054$751$529$106
29 years$1,895$1,375$980$688$477$89
30 years$1,812$1,299$913$632$431$75
31 years$1,734$1,228$851$580$390$63
32 years$1,662$1,162$794$533$353$53
33 years$1,594$1,100$742$490$319$45
34 years$1,530$1,043$693$451$289$38
35 years$1,470$989$648$415$262$32
36 years$1,414$939$606$383$237$27
37 years$1,360$892$567$352$215$23
38 years$1,310$847$531$325$195$19
39 years$1,262$806$498$300$177$16
40 years$1,217$767$467$276$160$13
41 years$1,174$730$437$255$145$11
42 years$1,133$695$410$235$132$10
43 years$1,094$662$385$217$120$8
44 years$1,057$631$361$201$109$7
45 years$1,022$602$339$185$99$6
46 years$989$574$319$171$90$5
47 years$957$548$299$158$81$4
48 years$926$523$281$146$74$3
49 years$897$499$265$135$67$3
50 years$869$477$249$125$61$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $890,000, adding $4,459 every year, while hoping to spend $27,522 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: 39/45/16 Blend
34$890,000$890,000$890,000$890,000
35$985,379$938,209$924,414$1,018,930
36$1,056,605$954,899$926,099$1,059,975
37$1,134,173$971,483$926,918$1,101,338
38$1,218,702$987,929$926,813$1,145,476
39$1,310,871$1,004,198$925,722$1,192,655
40$1,411,429$1,020,253$923,583$1,243,165
41$1,521,199$1,036,051$920,328$1,297,332
42$1,641,089$1,051,545$915,887$1,355,510
43$1,772,097$1,066,687$910,185$1,418,094
44$1,915,321$1,081,425$903,147$1,485,520
45$2,071,972$1,095,703$894,691$1,558,266
46$2,243,382$1,109,462$884,732$1,636,865
47$2,431,019$1,122,637$873,182$1,721,901
48$2,636,496$1,135,159$859,947$1,814,021
49$2,861,594$1,146,958$844,930$1,913,940
50$3,108,272$1,157,953$828,030$2,022,445
51$3,378,686$1,168,064$809,140$2,140,409
52$3,675,214$1,177,201$788,149$2,268,791
53$4,000,473$1,185,271$764,939$2,408,654
54$4,357,346$1,192,174$739,388$2,561,169
55$4,749,007$1,197,802$711,370$2,727,630
56$5,178,955$1,202,044$680,750$2,909,464
57$5,651,043$1,204,778$647,390$3,108,247
58$6,169,514$1,205,877$611,142$3,325,719
59$6,739,044$1,205,205$571,855$3,563,801
60$7,364,784$1,202,618$529,370$3,824,611
61$8,052,408$1,197,962$483,520$4,110,489
62$8,808,167$1,191,075$434,130$4,424,015
63$9,638,947$1,181,785$381,021$4,768,039
64$10,552,335$1,169,908$324,001$5,145,703
65$11,556,691$1,155,251$262,872$5,560,476
66$12,661,223$1,137,608$197,429$6,016,184
67$13,876,080$1,116,762$127,454$6,517,051
68$15,212,438$1,092,483$52,722$7,067,734
69$16,682,617$1,064,524$0$7,673,374
70$18,300,188$1,032,629$0$8,344,256
71$20,080,102$996,524$0$9,091,924
72$22,038,837$955,918$0$9,914,312
73$24,194,546$910,505$0$10,819,079
74$26,567,230$859,961$0$11,814,667
75$29,178,931$803,942$0$12,910,386
76$32,053,934$742,087$0$14,116,503
77$35,218,998$674,012$0$15,444,336
78$38,703,608$599,311$0$16,906,366
79$42,540,255$517,557$0$18,516,355
80$46,764,740$428,296$0$20,289,475
81$51,416,512$331,050$0$22,242,454
82$56,539,040$225,316$0$24,393,737
83$62,180,225$110,559$0$26,763,657
84$68,392,848$0$0$29,374,633
85$75,235,070$0$0$32,258,206
86$82,770,984$0$0$35,494,587
87$91,071,211$0$0$39,059,378
88$100,213,576$0$0$42,986,026
89$110,283,834$0$0$47,311,383
90$121,376,486$0$0$52,076,061
91$133,595,665$0$0$57,324,812
92$147,056,121$0$0$63,106,952
93$161,884,306$0$0$69,476,822
94$178,219,562$0$0$76,494,307
95$196,215,440$0$0$84,225,397
96$216,041,149$0$0$92,742,812
97$237,883,150$0$0$102,126,685
98$261,946,917$0$0$112,465,323
99$288,458,879$0$0$123,856,036
100$317,668,553$0$0$136,406,058