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%18.7%
1 years$73,826$73,168$72,527$71,900$71,289$68,787
2 years$36,547$35,867$35,207$34,567$33,947$31,453
3 years$24,123$23,439$22,781$22,148$21,537$19,129
4 years$17,912$17,230$16,579$15,956$15,361$13,056
5 years$14,186$13,509$12,866$12,256$11,677$9,483
6 years$11,703$11,031$10,398$9,801$9,240$7,158
7 years$9,930$9,264$8,640$8,058$7,514$5,544
8 years$8,601$7,941$7,328$6,760$6,234$4,374
9 years$7,568$6,914$6,311$5,758$5,250$3,497
10 years$6,742$6,094$5,502$4,963$4,473$2,825
11 years$6,067$5,425$4,844$4,320$3,847$2,301
12 years$5,504$4,869$4,299$3,789$3,334$1,885
13 years$5,029$4,401$3,841$3,345$2,907$1,552
14 years$4,622$4,000$3,451$2,969$2,548$1,283
15 years$4,269$3,654$3,116$2,648$2,244$1,064
16 years$3,961$3,353$2,825$2,371$1,983$885
17 years$3,689$3,088$2,571$2,130$1,758$738
18 years$3,448$2,853$2,347$1,920$1,563$616
19 years$3,232$2,644$2,148$1,735$1,393$515
20 years$3,038$2,457$1,972$1,571$1,245$431
21 years$2,863$2,289$1,813$1,426$1,114$361
22 years$2,704$2,136$1,671$1,297$998$303
23 years$2,559$1,998$1,543$1,181$896$254
24 years$2,427$1,872$1,427$1,077$806$214
25 years$2,305$1,757$1,322$984$725$180
26 years$2,193$1,651$1,226$899$653$151
27 years$2,089$1,554$1,138$823$589$127
28 years$1,993$1,464$1,058$754$531$107
29 years$1,903$1,381$985$692$480$90
30 years$1,820$1,305$917$635$433$76
31 years$1,742$1,233$855$583$392$64
32 years$1,669$1,167$798$536$354$54
33 years$1,601$1,105$745$493$321$45
34 years$1,537$1,047$696$453$290$38
35 years$1,477$993$651$417$263$32
36 years$1,420$943$609$384$238$27
37 years$1,366$896$570$354$216$23
38 years$1,316$851$534$326$196$19
39 years$1,268$809$500$301$178$16
40 years$1,222$770$469$278$161$14
41 years$1,179$733$439$256$146$11
42 years$1,138$698$412$236$133$10
43 years$1,099$665$387$218$120$8
44 years$1,062$634$363$201$109$7
45 years$1,027$605$341$186$99$6
46 years$993$577$320$172$90$5
47 years$961$550$301$159$82$4
48 years$930$525$283$147$74$3
49 years$901$502$266$136$67$3
50 years$873$479$250$125$61$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $894,000, adding $5,100 every year, while hoping to spend $36,698 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: 43/38/19 Blend
34$894,000$894,000$894,000$894,000
35$990,449$943,067$929,210$1,027,361
36$1,052,428$950,231$921,292$1,061,082
37$1,119,499$956,515$911,879$1,093,606
38$1,192,143$961,840$900,882$1,128,079
39$1,270,888$966,116$888,207$1,164,699
40$1,356,315$969,252$873,759$1,203,686
41$1,449,063$971,150$857,434$1,245,282
42$1,549,835$971,704$839,125$1,289,758
43$1,659,405$970,803$818,722$1,337,415
44$1,778,622$968,331$796,107$1,388,586
45$1,908,423$964,160$771,159$1,443,641
46$2,049,838$958,160$743,748$1,502,990
47$2,204,000$950,188$713,742$1,567,087
48$2,372,156$940,096$681,001$1,636,436
49$2,555,680$927,725$645,379$1,711,597
50$2,756,083$912,906$606,722$1,793,189
51$2,975,028$895,463$564,872$1,881,898
52$3,214,347$875,207$519,661$1,978,484
53$3,476,056$851,938$470,915$2,083,789
54$3,762,375$825,445$418,453$2,198,745
55$4,075,750$795,504$362,083$2,324,385
56$4,418,872$761,879$301,608$2,461,850
57$4,794,705$724,319$236,820$2,612,406
58$5,206,513$682,559$167,503$2,777,450
59$5,657,893$636,320$93,430$2,958,532
60$6,152,804$585,306$14,365$3,157,362
61$6,695,607$529,202$0$3,375,834
62$7,291,104$467,679$0$3,630,237
63$7,944,588$400,386$0$3,912,721
64$8,661,885$326,954$0$4,222,986
65$9,449,416$246,993$0$4,563,917
66$10,314,251$160,091$0$4,938,701
67$11,264,181$65,811$0$5,350,856
68$12,307,786$0$0$5,804,263
69$13,454,522$0$0$6,318,390
70$14,714,801$0$0$6,913,785
71$16,100,099$0$0$7,568,364
72$17,623,054$0$0$8,288,116
73$19,297,595$0$0$9,079,638
74$21,139,065$0$0$9,950,198
75$23,164,367$0$0$10,907,805
76$25,392,127$0$0$11,961,282
77$27,842,867$0$0$13,120,352
78$30,539,195$0$0$14,395,726
79$33,506,023$0$0$15,799,207
80$36,770,801$0$0$17,343,799
81$40,363,772$0$0$19,043,831
82$44,318,260$0$0$20,915,091
83$48,670,983$0$0$22,974,978
84$53,462,401$0$0$25,242,659
85$58,737,092$0$0$27,739,257
86$64,544,180$0$0$30,488,045
87$70,937,793$0$0$33,514,671
88$77,977,571$0$0$36,847,394
89$85,729,238$0$0$40,517,352
90$94,265,210$0$0$44,558,859
91$103,665,286$0$0$49,009,725
92$114,017,398$0$0$53,911,614
93$125,418,440$0$0$59,310,437
94$137,975,184$0$0$65,256,785
95$151,805,284$0$0$71,806,405
96$167,038,387$0$0$79,020,730
97$183,817,360$0$0$86,967,454
98$202,299,631$0$0$95,721,171
99$222,658,680$0$0$105,364,084
100$245,085,673$0$0$115,986,772