Can I retire at age 35 with 891,000?

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 $891,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.4%
1 years$73,578$72,923$72,283$71,659$71,050$68,913
2 years$36,425$35,746$35,089$34,451$33,833$31,699
3 years$24,042$23,361$22,705$22,073$21,465$19,400
4 years$17,852$17,173$16,523$15,903$15,309$13,328
5 years$14,139$13,463$12,823$12,215$11,638$9,747
6 years$11,664$10,994$10,363$9,768$9,209$7,410
7 years$9,897$9,233$8,611$8,031$7,489$5,782
8 years$8,573$7,914$7,303$6,737$6,213$4,597
9 years$7,543$6,891$6,290$5,738$5,232$3,705
10 years$6,720$6,074$5,484$4,947$4,458$3,018
11 years$6,046$5,407$4,828$4,305$3,834$2,478
12 years$5,486$4,853$4,285$3,776$3,323$2,048
13 years$5,012$4,386$3,828$3,334$2,897$1,701
14 years$4,606$3,987$3,440$2,959$2,540$1,419
15 years$4,255$3,642$3,105$2,639$2,236$1,188
16 years$3,947$3,341$2,816$2,363$1,976$997
17 years$3,677$3,077$2,562$2,123$1,752$839
18 years$3,436$2,843$2,339$1,913$1,558$707
19 years$3,221$2,635$2,141$1,729$1,389$597
20 years$3,028$2,449$1,965$1,566$1,240$505
21 years$2,854$2,281$1,807$1,421$1,110$428
22 years$2,695$2,129$1,666$1,292$995$362
23 years$2,551$1,991$1,538$1,177$893$307
24 years$2,419$1,866$1,422$1,073$803$261
25 years$2,297$1,751$1,317$980$722$221
26 years$2,185$1,646$1,222$896$651$188
27 years$2,082$1,549$1,135$820$587$160
28 years$1,986$1,459$1,055$752$529$136
29 years$1,897$1,377$982$689$478$116
30 years$1,814$1,300$914$633$432$98
31 years$1,736$1,229$852$581$391$84
32 years$1,664$1,163$795$534$353$71
33 years$1,596$1,101$743$491$320$61
34 years$1,532$1,044$694$452$289$52
35 years$1,472$990$649$416$262$44
36 years$1,415$940$607$383$238$37
37 years$1,362$893$568$353$215$32
38 years$1,311$848$532$325$195$27
39 years$1,263$807$498$300$177$23
40 years$1,218$767$467$277$161$20
41 years$1,175$730$438$255$146$17
42 years$1,134$696$411$236$132$14
43 years$1,096$663$385$217$120$12
44 years$1,059$632$362$201$109$10
45 years$1,023$603$340$185$99$9
46 years$990$575$319$171$90$7
47 years$958$549$300$158$81$6
48 years$927$524$282$146$74$5
49 years$898$500$265$135$67$5
50 years$870$478$249$125$61$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $891,000, adding $3,446 every year, while hoping to spend $46,263 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: 41/33/26 Blend
34$891,000$891,000$891,000$891,000
35$985,437$938,214$924,403$1,018,181
36$1,036,728$934,963$906,147$1,038,844
37$1,091,700$930,002$885,729$1,056,581
38$1,150,680$923,198$863,028$1,074,881
39$1,214,026$914,412$837,916$1,093,823
40$1,282,132$903,493$810,261$1,113,497
41$1,355,429$890,284$779,925$1,134,007
42$1,434,392$874,617$746,761$1,155,470
43$1,519,541$856,315$710,619$1,178,019
44$1,611,450$835,189$671,340$1,201,806
45$1,710,745$811,042$628,758$1,227,001
46$1,818,119$783,661$582,699$1,253,797
47$1,934,331$752,824$532,983$1,282,410
48$2,060,216$718,295$479,421$1,313,088
49$2,196,691$679,824$421,815$1,346,103
50$2,344,766$637,148$359,958$1,381,766
51$2,505,551$589,988$293,636$1,420,425
52$2,680,267$538,047$222,622$1,462,468
53$2,870,258$481,015$146,684$1,508,331
54$3,077,000$418,561$65,574$1,558,501
55$3,302,121$350,337$0$1,613,526
56$3,547,408$275,974$0$1,679,834
57$3,814,832$195,085$0$1,772,078
58$4,106,560$107,259$0$1,872,883
59$4,424,975$12,061$0$1,983,175
60$4,772,705$0$0$2,103,982
61$5,152,639$0$0$2,269,475
62$5,567,960$0$0$2,455,280
63$6,022,171$0$0$2,658,597
64$6,519,129$0$0$2,881,169
65$7,063,081$0$0$3,124,912
66$7,658,706$0$0$3,391,938
67$8,311,152$0$0$3,684,571
68$9,026,093$0$0$4,005,373
69$9,809,774$0$0$4,357,163
70$10,669,077$0$0$4,743,047
71$11,611,577$0$0$5,166,448
72$12,645,621$0$0$5,631,133
73$13,780,402$0$0$6,141,254
74$15,026,047$0$0$6,701,383
75$16,393,708$0$0$7,316,558
76$17,895,673$0$0$7,992,327
77$19,545,478$0$0$8,734,802
78$21,358,032$0$0$9,550,720
79$23,349,763$0$0$10,447,497
80$25,538,767$0$0$11,433,307
81$27,944,981$0$0$12,517,155
82$30,590,367$0$0$13,708,962
83$33,499,126$0$0$15,019,657
84$36,697,916$0$0$16,461,284
85$40,216,113$0$0$18,047,109
86$44,086,079$0$0$19,791,752
87$48,343,470$0$0$21,711,319
88$53,027,575$0$0$23,823,557
89$58,181,680$0$0$26,148,021
90$63,853,481$0$0$28,706,256
91$70,095,530$0$0$31,522,002
92$76,965,730$0$0$34,621,416
93$84,527,886$0$0$38,033,322
94$92,852,298$0$0$41,789,479
95$102,016,431$0$0$45,924,882
96$112,105,642$0$0$50,478,091
97$123,213,983$0$0$55,491,597
98$135,445,093$0$0$61,012,220
99$148,913,169$0$0$67,091,552
100$163,744,048$0$0$73,786,443