Can I retire at age 35 with 896,000?

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 $896,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16%
1 years$73,991$73,332$72,689$72,061$71,448$69,693
2 years$36,629$35,947$35,286$34,645$34,023$32,265
3 years$24,177$23,492$22,832$22,197$21,586$19,880
4 years$17,952$17,269$16,616$15,992$15,395$13,756
5 years$14,218$13,539$12,895$12,283$11,703$10,134
6 years$11,729$11,056$10,421$9,823$9,260$7,763
7 years$9,953$9,285$8,660$8,076$7,531$6,106
8 years$8,621$7,959$7,344$6,775$6,248$4,894
9 years$7,585$6,929$6,326$5,771$5,261$3,978
10 years$6,757$6,108$5,515$4,974$4,483$3,269
11 years$6,080$5,437$4,855$4,329$3,856$2,708
12 years$5,517$4,880$4,309$3,797$3,341$2,259
13 years$5,040$4,410$3,850$3,352$2,914$1,895
14 years$4,632$4,009$3,459$2,976$2,554$1,596
15 years$4,279$3,662$3,123$2,654$2,249$1,349
16 years$3,970$3,360$2,831$2,376$1,987$1,144
17 years$3,697$3,094$2,576$2,135$1,762$972
18 years$3,456$2,859$2,352$1,924$1,567$828
19 years$3,239$2,650$2,153$1,739$1,397$707
20 years$3,045$2,463$1,976$1,575$1,247$604
21 years$2,870$2,294$1,818$1,429$1,116$517
22 years$2,710$2,141$1,675$1,299$1,001$443
23 years$2,565$2,003$1,547$1,183$898$380
24 years$2,432$1,876$1,430$1,079$807$326
25 years$2,310$1,761$1,325$986$726$280
26 years$2,197$1,655$1,229$901$654$240
27 years$2,093$1,557$1,141$825$590$206
28 years$1,997$1,468$1,061$756$532$178
29 years$1,907$1,384$987$693$481$153
30 years$1,824$1,308$919$636$434$131
31 years$1,746$1,236$857$584$393$113
32 years$1,673$1,170$800$537$355$97
33 years$1,605$1,108$747$494$321$84
34 years$1,540$1,050$698$454$291$72
35 years$1,480$996$652$418$264$62
36 years$1,423$945$610$385$239$54
37 years$1,369$898$571$355$216$46
38 years$1,319$853$535$327$196$40
39 years$1,271$811$501$302$178$34
40 years$1,225$772$470$278$161$30
41 years$1,182$735$440$257$146$25
42 years$1,141$700$413$237$133$22
43 years$1,102$667$388$219$121$19
44 years$1,065$635$364$202$109$16
45 years$1,029$606$342$186$99$14
46 years$995$578$321$172$90$12
47 years$963$552$301$159$82$10
48 years$932$527$283$147$74$9
49 years$903$503$266$136$68$8
50 years$875$480$250$126$61$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $896,000, adding $5,129 every year, while hoping to spend $39,118 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: 55/29/16 Blend
34$896,000$896,000$896,000$896,000
35$992,683$945,195$931,307$1,042,803
36$1,052,315$949,888$920,884$1,082,200
37$1,116,719$953,500$908,801$1,120,436
38$1,186,339$955,937$894,962$1,161,188
39$1,261,666$957,098$879,263$1,204,706
40$1,343,238$956,877$861,600$1,251,268
41$1,431,645$955,162$841,861$1,301,178
42$1,527,539$951,831$819,929$1,354,775
43$1,631,635$946,757$795,684$1,412,435
44$1,744,720$939,807$768,997$1,474,571
45$1,867,659$930,835$739,736$1,541,644
46$2,001,405$919,690$707,762$1,614,161
47$2,147,005$906,212$672,929$1,692,684
48$2,305,612$890,229$635,085$1,777,835
49$2,478,495$871,561$594,071$1,870,302
50$2,667,050$850,015$549,720$1,970,846
51$2,872,814$825,391$501,860$2,080,307
52$3,097,477$797,471$450,309$2,199,616
53$3,342,903$766,031$394,878$2,329,801
54$3,611,141$730,828$335,368$2,471,999
55$3,904,449$691,610$271,574$2,627,466
56$4,225,310$648,106$203,279$2,797,591
57$4,576,461$600,033$130,258$2,983,909
58$4,960,915$547,089$52,277$3,188,116
59$5,381,989$488,957$0$3,412,085
60$5,843,337$425,302$0$3,663,169
61$6,348,983$355,767$0$3,948,241
62$6,903,358$279,978$0$4,260,936
63$7,511,343$197,539$0$4,604,094
64$8,178,313$108,032$0$4,980,844
65$8,910,190$11,014$0$5,394,640
66$9,713,495$0$0$5,849,295
67$10,595,413$0$0$6,379,001
68$11,563,858$0$0$6,964,625
69$12,627,548$0$0$7,607,933
70$13,796,085$0$0$8,314,747
71$15,080,049$0$0$9,091,475
72$16,491,096$0$0$9,945,181
73$18,042,065$0$0$10,883,647
74$19,747,103$0$0$11,915,443
75$21,621,795$0$0$13,050,016
76$23,683,310$0$0$14,297,769
77$25,950,567$0$0$15,670,168
78$28,444,408$0$0$17,179,843
79$31,187,797$0$0$18,840,711
80$34,206,038$0$0$20,668,107
81$37,527,007$0$0$22,678,925
82$41,181,421$0$0$24,891,780
83$45,203,125$0$0$27,327,185
84$49,629,411$0$0$30,007,738
85$54,501,368$0$0$32,958,343
86$59,864,273$0$0$36,206,439
87$65,768,012$0$0$39,782,260
88$72,267,557$0$0$43,719,123
89$79,423,478$0$0$48,053,736
90$87,302,519$0$0$52,826,550
91$95,978,224$0$0$58,082,139
92$105,531,633$0$0$63,869,617
93$116,052,045$0$0$70,243,105
94$127,637,857$0$0$77,262,241
95$140,397,501$0$0$84,992,741
96$154,450,457$0$0$93,507,018
97$169,928,385$0$0$102,884,870
98$186,976,367$0$0$113,214,227
99$205,754,275$0$0$124,591,985
100$226,438,278$0$0$137,124,915