Can I retire at age 35 with 890,000?

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 $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%18.9%
1 years$73,495$72,841$72,202$71,579$70,970$68,425
2 years$36,384$35,706$35,050$34,413$33,795$31,258
3 years$24,015$23,334$22,679$22,049$21,441$18,992
4 years$17,832$17,153$16,505$15,885$15,292$12,950
5 years$14,123$13,448$12,808$12,201$11,625$9,396
6 years$11,651$10,982$10,351$9,757$9,198$7,084
7 years$9,886$9,222$8,602$8,022$7,481$5,481
8 years$8,563$7,905$7,295$6,729$6,206$4,319
9 years$7,534$6,883$6,283$5,732$5,226$3,449
10 years$6,712$6,067$5,478$4,941$4,453$2,783
11 years$6,040$5,401$4,823$4,300$3,830$2,263
12 years$5,480$4,848$4,280$3,772$3,319$1,852
13 years$5,006$4,381$3,824$3,330$2,894$1,523
14 years$4,601$3,982$3,436$2,956$2,537$1,257
15 years$4,250$3,638$3,102$2,636$2,234$1,041
16 years$3,943$3,338$2,812$2,360$1,974$865
17 years$3,673$3,074$2,559$2,121$1,750$720
18 years$3,432$2,840$2,336$1,911$1,556$600
19 years$3,218$2,632$2,139$1,727$1,387$501
20 years$3,025$2,446$1,963$1,564$1,239$419
21 years$2,851$2,278$1,805$1,420$1,109$350
22 years$2,692$2,127$1,664$1,291$994$293
23 years$2,548$1,989$1,536$1,175$892$246
24 years$2,416$1,864$1,421$1,072$802$206
25 years$2,295$1,749$1,316$979$722$173
26 years$2,183$1,644$1,221$895$650$145
27 years$2,079$1,547$1,133$819$586$122
28 years$1,984$1,458$1,054$751$529$102
29 years$1,895$1,375$980$688$477$86
30 years$1,812$1,299$913$632$431$72
31 years$1,734$1,228$851$580$390$61
32 years$1,662$1,162$794$533$353$51
33 years$1,594$1,100$742$490$319$43
34 years$1,530$1,043$693$451$289$36
35 years$1,470$989$648$415$262$30
36 years$1,414$939$606$383$237$25
37 years$1,360$892$567$352$215$21
38 years$1,310$847$531$325$195$18
39 years$1,262$806$498$300$177$15
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$9
43 years$1,094$662$385$217$120$8
44 years$1,057$631$361$201$109$6
45 years$1,022$602$339$185$99$5
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 $3,825 every year, while hoping to spend $42,416 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: 22/49/29 Blend
34$890,000$890,000$890,000$890,000
35$984,725$937,555$923,760$997,293
36$1,040,037$938,365$909,576$1,009,624
37$1,099,569$937,793$893,495$1,019,023
38$1,163,707$935,727$875,409$1,028,172
39$1,232,874$932,047$855,204$1,037,079
40$1,307,536$926,626$832,762$1,045,755
41$1,388,204$919,330$807,960$1,054,219
42$1,475,441$910,017$780,666$1,062,494
43$1,569,863$898,535$750,745$1,070,612
44$1,672,150$884,724$718,056$1,078,614
45$1,783,048$868,414$682,450$1,086,547
46$1,903,378$849,426$643,771$1,094,473
47$2,034,044$827,569$601,859$1,102,464
48$2,176,038$802,641$556,542$1,110,606
49$2,330,453$774,430$507,646$1,119,002
50$2,498,490$742,708$454,983$1,127,771
51$2,681,473$707,238$398,362$1,137,055
52$2,880,856$667,765$337,580$1,147,014
53$3,098,242$624,024$272,427$1,157,837
54$3,335,392$575,731$202,683$1,169,741
55$3,594,247$522,587$128,118$1,182,972
56$3,876,943$464,276$48,492$1,197,815
57$4,185,830$400,464$0$1,214,594
58$4,523,497$330,799$0$1,244,965
59$4,892,793$254,908$0$1,294,803
60$5,296,857$172,398$0$1,349,646
61$5,739,142$82,851$0$1,410,118
62$6,223,454$0$0$1,476,913
63$6,753,982$0$0$1,558,449
64$7,335,339$0$0$1,696,905
65$7,972,606$0$0$1,848,837
66$8,671,381$0$0$2,015,601
67$9,437,826$0$0$2,198,687
68$10,278,730$0$0$2,399,739
69$11,201,571$0$0$2,620,567
70$12,214,586$0$0$2,863,166
71$13,326,847$0$0$3,129,731
72$14,548,350$0$0$3,422,684
73$15,890,105$0$0$3,744,689
74$17,364,240$0$0$4,098,686
75$18,984,117$0$0$4,487,909
76$20,764,457$0$0$4,915,925
77$22,721,475$0$0$5,386,661
78$24,873,040$0$0$5,904,445
79$27,238,834$0$0$6,474,046
80$29,840,545$0$0$7,100,719
81$32,702,066$0$0$7,790,250
82$35,849,722$0$0$8,549,020
83$39,312,518$0$0$9,384,055
84$43,122,413$0$0$10,303,099
85$47,314,618$0$0$11,314,685
86$51,927,929$0$0$12,428,214
87$57,005,096$0$0$13,654,045
88$62,593,220$0$0$15,003,592
89$68,744,201$0$0$16,489,433
90$75,515,226$0$0$18,125,428
91$82,969,308$0$0$19,926,847
92$91,175,880$0$0$21,910,519
93$100,211,448$0$0$24,094,986
94$110,160,317$0$0$26,500,681
95$121,115,380$0$0$29,150,119
96$133,178,999$0$0$32,068,111
97$146,463,968$0$0$35,281,995
98$161,094,575$0$0$38,821,897
99$177,207,780$0$0$42,721,016
100$194,954,501$0$0$47,015,932