Can I retire at age 35 with 894,000?

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 $894,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.3%
1 years$73,826$73,168$72,527$71,900$71,289$70,311
2 years$36,547$35,867$35,207$34,567$33,947$32,963
3 years$24,123$23,439$22,781$22,148$21,537$20,579
4 years$17,912$17,230$16,579$15,956$15,361$14,434
5 years$14,186$13,509$12,866$12,256$11,677$10,786
6 years$11,703$11,031$10,398$9,801$9,240$8,384
7 years$9,930$9,264$8,640$8,058$7,514$6,695
8 years$8,601$7,941$7,328$6,760$6,234$5,451
9 years$7,568$6,914$6,311$5,758$5,250$4,503
10 years$6,742$6,094$5,502$4,963$4,473$3,762
11 years$6,067$5,425$4,844$4,320$3,847$3,171
12 years$5,504$4,869$4,299$3,789$3,334$2,691
13 years$5,029$4,401$3,841$3,345$2,907$2,298
14 years$4,622$4,000$3,451$2,969$2,548$1,971
15 years$4,269$3,654$3,116$2,648$2,244$1,698
16 years$3,961$3,353$2,825$2,371$1,983$1,467
17 years$3,689$3,088$2,571$2,130$1,758$1,272
18 years$3,448$2,853$2,347$1,920$1,563$1,105
19 years$3,232$2,644$2,148$1,735$1,393$962
20 years$3,038$2,457$1,972$1,571$1,245$839
21 years$2,863$2,289$1,813$1,426$1,114$732
22 years$2,704$2,136$1,671$1,297$998$641
23 years$2,559$1,998$1,543$1,181$896$561
24 years$2,427$1,872$1,427$1,077$806$492
25 years$2,305$1,757$1,322$984$725$431
26 years$2,193$1,651$1,226$899$653$379
27 years$2,089$1,554$1,138$823$589$333
28 years$1,993$1,464$1,058$754$531$292
29 years$1,903$1,381$985$692$480$257
30 years$1,820$1,305$917$635$433$226
31 years$1,742$1,233$855$583$392$199
32 years$1,669$1,167$798$536$354$175
33 years$1,601$1,105$745$493$321$154
34 years$1,537$1,047$696$453$290$136
35 years$1,477$993$651$417$263$120
36 years$1,420$943$609$384$238$106
37 years$1,366$896$570$354$216$93
38 years$1,316$851$534$326$196$82
39 years$1,268$809$500$301$178$72
40 years$1,222$770$469$278$161$64
41 years$1,179$733$439$256$146$56
42 years$1,138$698$412$236$133$50
43 years$1,099$665$387$218$120$44
44 years$1,062$634$363$201$109$39
45 years$1,027$605$341$186$99$34
46 years$993$577$320$172$90$30
47 years$961$550$301$159$82$27
48 years$930$525$283$147$74$23
49 years$901$502$266$136$67$21
50 years$873$479$250$125$61$18

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $894,000, adding $6,418 every year, while hoping to spend $53,905 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: 44/27/29 Blend
34$894,000$894,000$894,000$894,000
35$991,808$944,426$930,569$1,026,854
36$1,035,618$933,349$904,389$1,041,452
37$1,082,090$919,921$875,525$1,051,654
38$1,131,438$903,973$843,830$1,061,692
39$1,183,898$885,321$809,151$1,071,582
40$1,239,726$863,771$771,328$1,081,347
41$1,299,203$839,121$730,192$1,091,014
42$1,362,637$811,153$685,569$1,100,619
43$1,430,364$779,639$637,274$1,110,206
44$1,502,756$744,335$585,117$1,119,828
45$1,580,216$704,986$528,897$1,129,549
46$1,663,188$661,321$468,406$1,139,446
47$1,752,160$613,053$403,424$1,149,606
48$1,847,666$559,878$333,725$1,160,137
49$1,950,293$501,476$259,069$1,171,160
50$2,060,683$437,509$179,208$1,182,816
51$2,179,544$367,619$93,883$1,195,271
52$2,307,652$291,427$2,823$1,208,711
53$2,445,860$208,534$0$1,223,353
54$2,595,104$118,518$0$1,268,639
55$2,756,414$20,935$0$1,318,484
56$2,930,920$0$0$1,372,428
57$3,119,867$0$0$1,456,094
58$3,324,621$0$0$1,553,590
59$3,546,685$0$0$1,659,424
60$3,787,713$0$0$1,774,394
61$4,049,523$0$0$1,899,381
62$4,334,114$0$0$2,035,353
63$4,643,688$0$0$2,183,375
64$4,980,664$0$0$2,344,617
65$5,347,705$0$0$2,520,371
66$5,747,745$0$0$2,712,054
67$6,184,007$0$0$2,921,229
68$6,660,042$0$0$3,149,615
69$7,179,760$0$0$3,399,105
70$7,747,460$0$0$3,671,782
71$8,367,881$0$0$3,969,940
72$9,046,235$0$0$4,296,105
73$9,788,263$0$0$4,653,057
74$10,600,286$0$0$5,043,859
75$11,489,264$0$0$5,471,882
76$12,462,863$0$0$5,940,841
77$13,529,522$0$0$6,454,825
78$14,698,537$0$0$7,018,338
79$15,980,144$0$0$7,636,340
80$17,385,620$0$0$8,314,296
81$18,927,383$0$0$9,058,223
82$20,619,112$0$0$9,874,751
83$22,475,872$0$0$10,771,181
84$24,514,261$0$0$11,755,557
85$26,752,559$0$0$12,836,739
86$29,210,906$0$0$14,024,488
87$31,911,486$0$0$15,329,558
88$34,878,740$0$0$16,763,794
89$38,139,590$0$0$18,340,246
90$41,723,698$0$0$20,073,293
91$45,663,742$0$0$21,978,774
92$49,995,723$0$0$24,074,141
93$54,759,307$0$0$26,378,623
94$59,998,192$0$0$28,913,402
95$65,760,528$0$0$31,701,819
96$72,099,360$0$0$34,769,592
97$79,073,139$0$0$38,145,054
98$86,746,261$0$0$41,859,426
99$95,189,684$0$0$45,947,107
100$104,481,587$0$0$50,445,998