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%14.9%
1 years$73,743$73,086$72,445$71,820$71,209$69,771
2 years$36,506$35,827$35,168$34,529$33,909$32,467
3 years$24,096$23,413$22,756$22,123$21,513$20,112
4 years$17,892$17,211$16,560$15,938$15,343$13,993
5 years$14,170$13,494$12,852$12,242$11,664$10,369
6 years$11,690$11,019$10,386$9,790$9,229$7,991
7 years$9,919$9,253$8,631$8,049$7,506$6,324
8 years$8,592$7,932$7,320$6,752$6,227$5,102
9 years$7,560$6,906$6,304$5,751$5,244$4,174
10 years$6,735$6,087$5,496$4,958$4,468$3,453
11 years$6,060$5,419$4,839$4,315$3,843$2,881
12 years$5,498$4,864$4,294$3,785$3,330$2,421
13 years$5,023$4,396$3,837$3,341$2,904$2,045
14 years$4,616$3,996$3,447$2,966$2,545$1,736
15 years$4,264$3,650$3,112$2,645$2,241$1,478
16 years$3,956$3,349$2,822$2,368$1,981$1,263
17 years$3,685$3,084$2,568$2,128$1,756$1,083
18 years$3,444$2,850$2,344$1,918$1,562$930
19 years$3,229$2,641$2,146$1,733$1,392$800
20 years$3,035$2,454$1,969$1,569$1,243$689
21 years$2,860$2,286$1,811$1,424$1,113$595
22 years$2,701$2,134$1,670$1,295$997$514
23 years$2,557$1,996$1,542$1,179$895$444
24 years$2,424$1,870$1,426$1,076$805$385
25 years$2,302$1,755$1,320$982$724$333
26 years$2,190$1,649$1,225$898$652$289
27 years$2,086$1,552$1,137$822$588$250
28 years$1,990$1,463$1,057$753$531$217
29 years$1,901$1,380$984$691$479$189
30 years$1,818$1,303$916$634$433$164
31 years$1,740$1,232$854$582$391$142
32 years$1,667$1,166$797$535$354$124
33 years$1,599$1,104$744$492$320$107
34 years$1,535$1,046$695$453$290$93
35 years$1,475$992$650$417$263$81
36 years$1,418$942$608$384$238$71
37 years$1,365$895$569$354$216$61
38 years$1,314$850$533$326$196$53
39 years$1,266$808$499$301$177$46
40 years$1,221$769$468$277$161$40
41 years$1,178$732$439$256$146$35
42 years$1,137$697$412$236$132$31
43 years$1,098$664$386$218$120$27
44 years$1,061$633$363$201$109$23
45 years$1,026$604$341$186$99$20
46 years$992$576$320$172$90$17
47 years$960$550$300$159$82$15
48 years$929$525$282$147$74$13
49 years$900$501$265$135$67$12
50 years$872$479$250$125$61$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $893,000, adding $2,575 every year, while hoping to spend $25,659 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: 73/17/10 Blend
34$893,000$893,000$893,000$893,000
35$986,742$939,413$925,572$1,056,749
36$1,060,089$958,143$929,277$1,122,057
37$1,140,057$976,931$932,247$1,190,120
38$1,227,295$995,753$934,429$1,263,958
39$1,322,516$1,014,582$935,770$1,344,134
40$1,426,505$1,033,390$936,211$1,431,271
41$1,540,129$1,052,145$935,694$1,526,051
42$1,664,337$1,070,816$934,155$1,629,229
43$1,800,179$1,089,365$931,528$1,741,634
44$1,948,808$1,107,755$927,746$1,864,181
45$2,111,495$1,125,944$922,734$1,997,876
46$2,289,640$1,143,887$916,417$2,143,831
47$2,484,782$1,161,537$908,717$2,303,268
48$2,698,620$1,178,841$899,548$2,477,535
49$2,933,021$1,195,747$888,825$2,668,115
50$3,190,044$1,212,193$876,456$2,876,645
51$3,471,955$1,228,118$862,344$3,104,928
52$3,781,253$1,243,453$846,391$3,354,949
53$4,120,686$1,258,128$828,490$3,628,898
54$4,493,284$1,272,065$808,533$3,929,187
55$4,902,385$1,285,181$786,404$4,258,473
56$5,351,663$1,297,390$761,984$4,619,686
57$5,845,169$1,308,599$735,146$5,016,055
58$6,387,363$1,318,707$705,760$5,451,136
59$6,983,159$1,327,608$673,689$5,928,849
60$7,637,971$1,335,191$638,787$6,453,516
61$8,357,764$1,341,336$600,907$7,029,898
62$9,149,109$1,345,914$559,889$7,663,241
63$10,019,244$1,348,790$515,572$8,359,329
64$10,976,147$1,349,820$467,783$9,124,534
65$12,028,604$1,348,852$416,344$9,965,882
66$13,186,298$1,345,722$361,068$10,891,111
67$14,459,896$1,340,258$301,760$11,908,754
68$15,861,152$1,332,277$238,215$13,028,211
69$17,403,016$1,321,585$170,222$14,259,845
70$19,099,757$1,307,975$97,557$15,615,074
71$20,967,096$1,291,231$19,990$17,106,485
72$23,022,359$1,271,120$0$18,747,945
73$25,284,631$1,247,396$0$20,561,442
74$27,774,946$1,219,801$0$22,559,833
75$30,516,478$1,188,059$0$24,759,578
76$33,534,764$1,151,880$0$27,181,167
77$36,857,942$1,110,954$0$29,847,181
78$40,517,017$1,064,955$0$32,782,505
79$44,546,154$1,013,539$0$36,014,561
80$48,982,999$956,340$0$39,573,569
81$53,869,037$892,973$0$43,492,832
82$59,249,978$823,028$0$47,809,051
83$65,176,194$746,074$0$52,562,670
84$71,703,189$661,655$0$57,798,258
85$78,892,127$569,288$0$63,564,934
86$86,810,405$468,465$0$69,916,825
87$95,532,294$358,647$0$76,913,582
88$105,139,633$239,266$0$84,620,940
89$115,722,606$109,721$0$93,111,343
90$127,380,593$0$0$102,464,623
91$140,223,104$0$0$112,774,487
92$154,370,817$0$0$124,154,830
93$169,956,712$0$0$136,692,104
94$187,127,331$0$0$150,504,195
95$206,044,156$0$0$165,721,009
96$226,885,138$0$0$182,485,697
97$249,846,371$0$0$200,956,009
98$275,143,947$0$0$221,305,781
99$303,015,992$0$0$243,726,577
100$333,724,918$0$0$268,429,493