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%18.8%
1 years$73,991$73,332$72,689$72,061$71,448$68,913
2 years$36,629$35,947$35,286$34,645$34,023$31,496
3 years$24,177$23,492$22,832$22,197$21,586$19,146
4 years$17,952$17,269$16,616$15,992$15,395$13,062
5 years$14,218$13,539$12,895$12,283$11,703$9,482
6 years$11,729$11,056$10,421$9,823$9,260$7,153
7 years$9,953$9,285$8,660$8,076$7,531$5,537
8 years$8,621$7,959$7,344$6,775$6,248$4,366
9 years$7,585$6,929$6,326$5,771$5,261$3,489
10 years$6,757$6,108$5,515$4,974$4,483$2,817
11 years$6,080$5,437$4,855$4,329$3,856$2,292
12 years$5,517$4,880$4,309$3,797$3,341$1,877
13 years$5,040$4,410$3,850$3,352$2,914$1,544
14 years$4,632$4,009$3,459$2,976$2,554$1,276
15 years$4,279$3,662$3,123$2,654$2,249$1,058
16 years$3,970$3,360$2,831$2,376$1,987$879
17 years$3,697$3,094$2,576$2,135$1,762$732
18 years$3,456$2,859$2,352$1,924$1,567$611
19 years$3,239$2,650$2,153$1,739$1,397$510
20 years$3,045$2,463$1,976$1,575$1,247$427
21 years$2,870$2,294$1,818$1,429$1,116$357
22 years$2,710$2,141$1,675$1,299$1,001$300
23 years$2,565$2,003$1,547$1,183$898$251
24 years$2,432$1,876$1,430$1,079$807$211
25 years$2,310$1,761$1,325$986$726$177
26 years$2,197$1,655$1,229$901$654$149
27 years$2,093$1,557$1,141$825$590$125
28 years$1,997$1,468$1,061$756$532$105
29 years$1,907$1,384$987$693$481$88
30 years$1,824$1,308$919$636$434$74
31 years$1,746$1,236$857$584$393$62
32 years$1,673$1,170$800$537$355$52
33 years$1,605$1,108$747$494$321$44
34 years$1,540$1,050$698$454$291$37
35 years$1,480$996$652$418$264$31
36 years$1,423$945$610$385$239$26
37 years$1,369$898$571$355$216$22
38 years$1,319$853$535$327$196$19
39 years$1,271$811$501$302$178$16
40 years$1,225$772$470$278$161$13
41 years$1,182$735$440$257$146$11
42 years$1,141$700$413$237$133$9
43 years$1,102$667$388$219$121$8
44 years$1,065$635$364$202$109$7
45 years$1,029$606$342$186$99$6
46 years$995$578$321$172$90$5
47 years$963$552$301$159$82$4
48 years$932$527$283$147$74$3
49 years$903$503$266$136$68$3
50 years$875$480$250$126$61$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $896,000, adding $5,694 every year, while hoping to spend $59,459 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: 75/18/7 Blend
34$896,000$896,000$896,000$896,000
35$993,265$945,777$931,889$1,066,418
36$1,031,315$928,857$899,844$1,098,413
37$1,071,252$909,114$864,732$1,125,328
38$1,113,207$886,348$826,388$1,153,112
39$1,157,322$860,346$784,639$1,181,829
40$1,203,749$830,884$739,305$1,211,549
41$1,252,655$797,721$690,196$1,242,354
42$1,304,223$760,607$637,115$1,274,331
43$1,358,651$719,273$579,855$1,307,578
44$1,416,154$673,438$518,200$1,342,207
45$1,476,968$622,803$451,927$1,378,338
46$1,541,351$567,053$380,799$1,416,109
47$1,609,584$505,853$304,570$1,455,671
48$1,681,973$438,852$222,985$1,497,193
49$1,758,855$365,676$135,776$1,540,863
50$1,840,596$285,932$42,662$1,586,891
51$1,927,599$199,205$0$1,635,507
52$2,020,302$105,054$0$1,691,208
53$2,119,189$3,017$0$1,753,721
54$2,224,785$0$0$1,820,200
55$2,337,669$0$0$1,912,297
56$2,458,475$0$0$2,011,520
57$2,587,898$0$0$2,117,845
58$2,726,700$0$0$2,231,901
59$2,875,716$0$0$2,354,380
60$3,035,866$0$0$2,486,038
61$3,208,156$0$0$2,627,707
62$3,393,692$0$0$2,780,302
63$3,593,690$0$0$2,944,826
64$3,809,483$0$0$3,122,381
65$4,042,539$0$0$3,314,177
66$4,294,467$0$0$3,521,546
67$4,567,039$0$0$3,745,950
68$4,862,202$0$0$3,988,997
69$5,182,094$0$0$4,252,456
70$5,529,070$0$0$4,538,269
71$5,905,718$0$0$4,848,576
72$6,314,882$0$0$5,185,727
73$6,759,696$0$0$5,552,309
74$7,243,602$0$0$5,951,168
75$7,770,390$0$0$6,385,436
76$8,344,232$0$0$6,858,556
77$8,969,715$0$0$7,374,322
78$9,651,889$0$0$7,936,907
79$10,396,315$0$0$8,550,902
80$11,209,109$0$0$9,221,365
81$12,097,009$0$0$9,953,861
82$13,067,428$0$0$10,754,516
83$14,128,530$0$0$11,630,077
84$15,289,304$0$0$12,587,971
85$16,559,646$0$0$13,636,377
86$17,950,454$0$0$14,784,300
87$19,473,730$0$0$16,041,657
88$21,142,687$0$0$17,419,368
89$22,971,881$0$0$18,929,463
90$24,977,342$0$0$20,585,187
91$27,176,722$0$0$22,401,129
92$29,589,468$0$0$24,393,360
93$32,236,996$0$0$26,579,579
94$35,142,899$0$0$28,979,282
95$38,333,161$0$0$31,613,945
96$41,836,410$0$0$34,507,225
97$45,684,179$0$0$37,685,182
98$49,911,203$0$0$41,176,526
99$54,555,753$0$0$45,012,881
100$59,659,985$0$0$49,229,089