Can I retire at age 35 with 892,000?

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 $892,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.7%
1 years$73,661$73,004$72,364$71,739$71,129$70,622
2 years$36,466$35,786$35,128$34,490$33,871$33,359
3 years$24,069$23,387$22,730$22,098$21,489$20,989
4 years$17,872$17,192$16,542$15,920$15,326$14,842
5 years$14,154$13,479$12,837$12,228$11,651$11,183
6 years$11,677$11,006$10,374$9,779$9,219$8,769
7 years$9,908$9,243$8,621$8,040$7,497$7,065
8 years$8,582$7,923$7,311$6,745$6,220$5,805
9 years$7,551$6,898$6,297$5,745$5,238$4,841
10 years$6,727$6,081$5,490$4,952$4,463$4,083
11 years$6,053$5,413$4,833$4,310$3,838$3,476
12 years$5,492$4,859$4,290$3,780$3,326$2,980
13 years$5,018$4,391$3,832$3,337$2,901$2,571
14 years$4,611$3,991$3,443$2,963$2,543$2,229
15 years$4,259$3,646$3,109$2,642$2,239$1,941
16 years$3,952$3,345$2,819$2,366$1,979$1,696
17 years$3,681$3,081$2,565$2,126$1,754$1,486
18 years$3,440$2,847$2,341$1,916$1,560$1,306
19 years$3,225$2,638$2,143$1,731$1,390$1,150
20 years$3,032$2,452$1,967$1,568$1,242$1,015
21 years$2,857$2,284$1,809$1,423$1,111$897
22 years$2,698$2,132$1,668$1,294$996$794
23 years$2,554$1,994$1,540$1,178$894$704
24 years$2,421$1,868$1,424$1,075$804$624
25 years$2,300$1,753$1,319$981$723$555
26 years$2,188$1,648$1,223$897$651$493
27 years$2,084$1,551$1,136$821$587$439
28 years$1,988$1,461$1,056$752$530$391
29 years$1,899$1,378$983$690$479$348
30 years$1,816$1,302$915$633$432$310
31 years$1,738$1,231$853$582$391$277
32 years$1,666$1,164$796$535$354$247
33 years$1,597$1,103$743$492$320$220
34 years$1,534$1,045$695$452$290$197
35 years$1,473$991$649$416$262$176
36 years$1,417$941$607$383$238$157
37 years$1,363$894$569$353$216$140
38 years$1,313$849$532$326$195$125
39 years$1,265$807$499$300$177$112
40 years$1,220$768$468$277$161$100
41 years$1,176$731$438$255$146$89
42 years$1,136$696$411$236$132$80
43 years$1,097$664$386$218$120$72
44 years$1,060$633$362$201$109$64
45 years$1,025$603$340$186$99$57
46 years$991$575$319$171$90$51
47 years$959$549$300$158$82$46
48 years$928$524$282$146$74$41
49 years$899$501$265$135$67$37
50 years$871$478$249$125$61$33

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $892,000, adding $6,326 every year, while hoping to spend $37,813 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: 52/18/30 Blend
34$892,000$892,000$892,000$892,000
35$989,509$942,233$928,407$1,032,324
36$1,050,206$948,170$919,276$1,068,758
37$1,115,827$953,130$908,572$1,104,071
38$1,186,835$957,026$896,202$1,141,755
39$1,263,736$959,765$882,069$1,182,055
40$1,347,090$961,247$866,071$1,225,240
41$1,437,512$961,366$848,103$1,271,610
42$1,535,677$960,012$828,054$1,321,497
43$1,642,328$957,065$805,805$1,375,267
44$1,758,283$952,398$781,238$1,433,329
45$1,884,442$945,879$754,222$1,496,133
46$2,021,793$937,365$724,627$1,564,177
47$2,171,425$926,706$692,312$1,638,015
48$2,334,538$913,742$657,131$1,718,257
49$2,512,449$898,304$618,934$1,805,582
50$2,706,611$880,212$577,560$1,900,737
51$2,918,621$859,278$532,843$2,004,550
52$3,150,237$835,300$484,611$2,117,939
53$3,403,397$808,066$432,681$2,241,916
54$3,680,232$777,350$376,865$2,377,602
55$3,983,090$742,914$316,963$2,526,237
56$4,314,554$704,505$252,771$2,689,188
57$4,677,471$661,859$184,071$2,867,971
58$5,074,975$614,692$110,640$3,064,258
59$5,510,517$562,706$32,241$3,279,898
60$5,987,898$505,587$0$3,516,933
61$6,511,305$443,001$0$3,794,082
62$7,085,346$374,597$0$4,109,459
63$7,715,102$300,002$0$4,455,573
64$8,406,164$218,825$0$4,835,555
65$9,164,695$130,649$0$5,252,854
66$9,997,481$35,038$0$5,711,279
67$10,911,997$0$0$6,215,023
68$11,916,479$0$0$6,782,277
69$13,020,000$0$0$7,413,178
70$14,232,553$0$0$8,106,514
71$15,565,148$0$0$8,868,591
72$17,029,916$0$0$9,706,359
73$18,640,220$0$0$10,627,475
74$20,410,781$0$0$11,640,373
75$22,357,822$0$0$12,754,347
76$24,499,213$0$0$13,979,636
77$26,854,644$0$0$15,327,521
78$29,445,809$0$0$16,810,432
79$32,296,610$0$0$18,442,065
80$35,433,384$0$0$20,237,509
81$38,885,149$0$0$22,213,390
82$42,683,876$0$0$24,388,028
83$46,864,796$0$0$26,781,609
84$51,466,725$0$0$29,416,374
85$56,532,435$0$0$32,316,830
86$62,109,055$0$0$35,509,983
87$68,248,515$0$0$39,025,588
88$75,008,036$0$0$42,896,433
89$82,450,671$0$0$47,158,646
90$90,645,897$0$0$51,852,038
91$99,670,272$0$0$57,020,478
92$109,608,155$0$0$62,712,303
93$120,552,505$0$0$68,980,781
94$132,605,755$0$0$75,884,605
95$145,880,778$0$0$83,488,455
96$160,501,955$0$0$91,863,602
97$176,606,344$0$0$101,088,582
98$194,344,976$0$0$111,249,939
99$213,884,280$0$0$122,443,040
100$235,407,650$0$0$134,772,974