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%14%
1 years$73,826$73,168$72,527$71,900$71,289$70,108
2 years$36,547$35,867$35,207$34,567$33,947$32,761
3 years$24,123$23,439$22,781$22,148$21,537$20,383
4 years$17,912$17,230$16,579$15,956$15,361$14,246
5 years$14,186$13,509$12,866$12,256$11,677$10,606
6 years$11,703$11,031$10,398$9,801$9,240$8,214
7 years$9,930$9,264$8,640$8,058$7,514$6,534
8 years$8,601$7,941$7,328$6,760$6,234$5,298
9 years$7,568$6,914$6,311$5,758$5,250$4,358
10 years$6,742$6,094$5,502$4,963$4,473$3,626
11 years$6,067$5,425$4,844$4,320$3,847$3,042
12 years$5,504$4,869$4,299$3,789$3,334$2,571
13 years$5,029$4,401$3,841$3,345$2,907$2,185
14 years$4,622$4,000$3,451$2,969$2,548$1,866
15 years$4,269$3,654$3,116$2,648$2,244$1,599
16 years$3,961$3,353$2,825$2,371$1,983$1,375
17 years$3,689$3,088$2,571$2,130$1,758$1,186
18 years$3,448$2,853$2,347$1,920$1,563$1,025
19 years$3,232$2,644$2,148$1,735$1,393$888
20 years$3,038$2,457$1,972$1,571$1,245$770
21 years$2,863$2,289$1,813$1,426$1,114$669
22 years$2,704$2,136$1,671$1,297$998$582
23 years$2,559$1,998$1,543$1,181$896$507
24 years$2,427$1,872$1,427$1,077$806$442
25 years$2,305$1,757$1,322$984$725$385
26 years$2,193$1,651$1,226$899$653$337
27 years$2,089$1,554$1,138$823$589$294
28 years$1,993$1,464$1,058$754$531$257
29 years$1,903$1,381$985$692$480$225
30 years$1,820$1,305$917$635$433$196
31 years$1,742$1,233$855$583$392$172
32 years$1,669$1,167$798$536$354$151
33 years$1,601$1,105$745$493$321$132
34 years$1,537$1,047$696$453$290$115
35 years$1,477$993$651$417$263$101
36 years$1,420$943$609$384$238$89
37 years$1,366$896$570$354$216$78
38 years$1,316$851$534$326$196$68
39 years$1,268$809$500$301$178$60
40 years$1,222$770$469$278$161$52
41 years$1,179$733$439$256$146$46
42 years$1,138$698$412$236$133$40
43 years$1,099$665$387$218$120$35
44 years$1,062$634$363$201$109$31
45 years$1,027$605$341$186$99$27
46 years$993$577$320$172$90$24
47 years$961$550$301$159$82$21
48 years$930$525$283$147$74$18
49 years$901$502$266$136$67$16
50 years$873$479$250$125$61$14

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $894,000, adding $3,583 every year, while hoping to spend $48,343 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: 81/14/5 Blend
34$894,000$894,000$894,000$894,000
35$988,884$941,502$927,645$1,068,566
36$1,038,313$936,199$907,284$1,115,882
37$1,091,165$929,016$884,622$1,160,980
38$1,147,735$919,809$859,528$1,208,980
39$1,208,352$908,428$831,870$1,260,144
40$1,273,374$894,711$801,508$1,314,762
41$1,343,193$878,487$768,294$1,373,153
42$1,418,243$859,576$732,075$1,435,667
43$1,498,995$837,787$692,691$1,502,691
44$1,585,971$812,918$649,975$1,574,651
45$1,679,742$784,753$603,751$1,652,018
46$1,780,936$753,066$553,837$1,735,308
47$1,890,243$717,617$500,042$1,825,092
48$2,008,419$678,152$442,165$1,922,000
49$2,136,299$634,402$379,999$2,026,725
50$2,274,798$586,084$313,325$2,140,031
51$2,424,922$532,897$241,916$2,262,762
52$2,587,779$474,524$165,535$2,395,847
53$2,764,586$410,630$83,934$2,540,311
54$2,956,683$340,859$0$2,697,284
55$3,165,541$264,838$0$2,868,180
56$3,392,783$182,172$0$3,058,996
57$3,640,190$92,441$0$3,266,777
58$3,909,725$0$0$3,493,213
59$4,203,548$0$0$3,740,899
60$4,524,033$0$0$4,026,616
61$4,873,797$0$0$4,338,456
62$5,255,719$0$0$4,678,990
63$5,672,969$0$0$5,051,045
64$6,129,034$0$0$5,457,736
65$6,627,757$0$0$5,902,491
66$7,173,367$0$0$6,389,086
67$7,770,520$0$0$6,921,676
68$8,424,346$0$0$7,504,839
69$9,140,491$0$0$8,143,614
70$9,925,173$0$0$8,843,554
71$10,785,242$0$0$9,610,769
72$11,728,241$0$0$10,451,994
73$12,762,478$0$0$11,374,643
74$13,897,102$0$0$12,386,883
75$15,142,192$0$0$13,497,710
76$16,508,851$0$0$14,717,034
77$18,009,307$0$0$16,055,769
78$19,657,031$0$0$17,525,940
79$21,466,862$0$0$19,140,791
80$23,455,147$0$0$20,914,914
81$25,639,896$0$0$22,864,383
82$28,040,947$0$0$25,006,907
83$30,680,157$0$0$27,361,994
84$33,581,606$0$0$29,951,138
85$36,771,824$0$0$32,798,019
86$40,280,037$0$0$35,928,726
87$44,138,450$0$0$39,372,002
88$48,382,540$0$0$43,159,516
89$53,051,400$0$0$47,326,161
90$58,188,100$0$0$51,910,382
91$63,840,095$0$0$56,954,537
92$70,059,673$0$0$62,505,298
93$76,904,446$0$0$68,614,092
94$84,437,895$0$0$75,337,580
95$92,729,966$0$0$82,738,196
96$101,857,728$0$0$90,884,735
97$111,906,106$0$0$99,853,000
98$122,968,673$0$0$109,726,515
99$135,148,539$0$0$120,597,316
100$148,559,318$0$0$132,566,818