Can I retire at age 35 with 893,000?

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 $893,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.6%
1 years$73,743$73,086$72,445$71,820$71,209$69,013
2 years$36,506$35,827$35,168$34,529$33,909$31,715
3 years$24,096$23,413$22,756$22,123$21,513$19,391
4 years$17,892$17,211$16,560$15,938$15,343$13,309
5 years$14,170$13,494$12,852$12,242$11,664$9,723
6 years$11,690$11,019$10,386$9,790$9,229$7,383
7 years$9,919$9,253$8,631$8,049$7,506$5,755
8 years$8,592$7,932$7,320$6,752$6,227$4,569
9 years$7,560$6,906$6,304$5,751$5,244$3,678
10 years$6,735$6,087$5,496$4,958$4,468$2,992
11 years$6,060$5,419$4,839$4,315$3,843$2,454
12 years$5,498$4,864$4,294$3,785$3,330$2,026
13 years$5,023$4,396$3,837$3,341$2,904$1,680
14 years$4,616$3,996$3,447$2,966$2,545$1,400
15 years$4,264$3,650$3,112$2,645$2,241$1,170
16 years$3,956$3,349$2,822$2,368$1,981$981
17 years$3,685$3,084$2,568$2,128$1,756$824
18 years$3,444$2,850$2,344$1,918$1,562$694
19 years$3,229$2,641$2,146$1,733$1,392$585
20 years$3,035$2,454$1,969$1,569$1,243$494
21 years$2,860$2,286$1,811$1,424$1,113$417
22 years$2,701$2,134$1,670$1,295$997$353
23 years$2,557$1,996$1,542$1,179$895$299
24 years$2,424$1,870$1,426$1,076$805$253
25 years$2,302$1,755$1,320$982$724$215
26 years$2,190$1,649$1,225$898$652$182
27 years$2,086$1,552$1,137$822$588$155
28 years$1,990$1,463$1,057$753$531$131
29 years$1,901$1,380$984$691$479$111
30 years$1,818$1,303$916$634$433$95
31 years$1,740$1,232$854$582$391$80
32 years$1,667$1,166$797$535$354$68
33 years$1,599$1,104$744$492$320$58
34 years$1,535$1,046$695$453$290$49
35 years$1,475$992$650$417$263$42
36 years$1,418$942$608$384$238$36
37 years$1,365$895$569$354$216$30
38 years$1,314$850$533$326$196$26
39 years$1,266$808$499$301$177$22
40 years$1,221$769$468$277$161$19
41 years$1,178$732$439$256$146$16
42 years$1,137$697$412$236$132$13
43 years$1,098$664$386$218$120$11
44 years$1,061$633$363$201$109$10
45 years$1,026$604$341$186$99$8
46 years$992$576$320$172$90$7
47 years$960$550$300$159$82$6
48 years$929$525$282$147$74$5
49 years$900$501$265$135$67$4
50 years$872$479$250$125$61$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $893,000, adding $4,260 every year, while hoping to spend $36,465 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: 42/39/19 Blend
34$893,000$893,000$893,000$893,000
35$988,480$941,151$927,310$1,024,334
36$1,050,507$948,469$919,576$1,057,468
37$1,117,638$954,923$910,361$1,089,453
38$1,190,356$960,433$899,577$1,123,333
39$1,269,190$964,913$887,131$1,159,298
40$1,354,725$968,271$872,927$1,197,563
41$1,447,600$970,410$856,864$1,238,365
42$1,548,521$971,226$838,835$1,281,966
43$1,658,265$970,610$818,730$1,328,661
44$1,777,684$968,446$796,433$1,378,772
45$1,907,717$964,609$771,823$1,432,662
46$2,049,398$958,969$744,773$1,490,728
47$2,203,863$951,385$715,150$1,553,416
48$2,372,365$941,711$682,816$1,621,216
49$2,556,282$929,790$647,625$1,694,674
50$2,757,128$915,456$609,427$1,774,393
51$2,976,575$898,532$568,062$1,861,044
52$3,216,459$878,834$523,365$1,955,369
53$3,478,803$856,162$475,163$2,058,190
54$3,765,836$830,309$423,276$2,170,416
55$4,080,011$801,054$367,515$2,293,056
56$4,424,028$768,162$307,683$2,427,226
57$4,800,862$731,385$243,574$2,574,161
58$5,213,790$690,462$174,974$2,735,228
59$5,666,418$645,117$101,657$2,911,939
60$6,162,720$595,055$23,390$3,105,969
61$6,707,072$539,967$0$3,319,166
62$7,304,295$479,527$0$3,565,771
63$7,959,696$413,387$0$3,841,709
64$8,679,125$341,183$0$4,144,788
65$9,469,024$262,529$0$4,477,834
66$10,336,488$177,016$0$4,843,962
67$11,289,334$84,215$0$5,246,615
68$12,336,174$0$0$5,689,591
69$13,486,495$0$0$6,184,093
70$14,750,747$0$0$6,767,412
71$16,140,445$0$0$7,408,736
72$17,668,274$0$0$8,113,932
73$19,348,208$0$0$8,889,468
74$21,195,646$0$0$9,742,468
75$23,227,550$0$0$10,680,781
76$25,462,612$0$0$11,713,057
77$27,921,425$0$0$12,848,824
78$30,626,678$0$0$14,098,582
79$33,603,371$0$0$15,473,899
80$36,879,049$0$0$16,987,522
81$40,484,062$0$0$18,653,497
82$44,451,852$0$0$20,487,298
83$48,819,266$0$0$22,505,978
84$53,626,907$0$0$24,728,327
85$58,919,511$0$0$27,175,047
86$64,746,375$0$0$29,868,952
87$71,161,817$0$0$32,835,179
88$78,225,690$0$0$36,101,430
89$86,003,947$0$0$39,698,225
90$94,569,262$0$0$43,659,199
91$104,001,717$0$0$48,021,412
92$114,389,553$0$0$52,825,703
93$125,830,007$0$0$58,117,075
94$138,430,229$0$0$63,945,116
95$152,308,288$0$0$70,364,470
96$167,594,292$0$0$77,435,352
97$184,431,611$0$0$85,224,116
98$202,978,232$0$0$93,803,881
99$223,408,247$0$0$103,255,218
100$245,913,501$0$0$113,666,918