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%16.9%
1 years$73,991$73,332$72,689$72,061$71,448$69,440
2 years$36,629$35,947$35,286$34,645$34,023$32,015
3 years$24,177$23,492$22,832$22,197$21,586$19,640
4 years$17,952$17,269$16,616$15,992$15,395$13,528
5 years$14,218$13,539$12,895$12,283$11,703$9,919
6 years$11,729$11,056$10,421$9,823$9,260$7,561
7 years$9,953$9,285$8,660$8,076$7,531$5,917
8 years$8,621$7,959$7,344$6,775$6,248$4,718
9 years$7,585$6,929$6,326$5,771$5,261$3,814
10 years$6,757$6,108$5,515$4,974$4,483$3,116
11 years$6,080$5,437$4,855$4,329$3,856$2,567
12 years$5,517$4,880$4,309$3,797$3,341$2,129
13 years$5,040$4,410$3,850$3,352$2,914$1,774
14 years$4,632$4,009$3,459$2,976$2,554$1,485
15 years$4,279$3,662$3,123$2,654$2,249$1,248
16 years$3,970$3,360$2,831$2,376$1,987$1,051
17 years$3,697$3,094$2,576$2,135$1,762$888
18 years$3,456$2,859$2,352$1,924$1,567$751
19 years$3,239$2,650$2,153$1,739$1,397$637
20 years$3,045$2,463$1,976$1,575$1,247$540
21 years$2,870$2,294$1,818$1,429$1,116$459
22 years$2,710$2,141$1,675$1,299$1,001$391
23 years$2,565$2,003$1,547$1,183$898$333
24 years$2,432$1,876$1,430$1,079$807$283
25 years$2,310$1,761$1,325$986$726$242
26 years$2,197$1,655$1,229$901$654$206
27 years$2,093$1,557$1,141$825$590$176
28 years$1,997$1,468$1,061$756$532$150
29 years$1,907$1,384$987$693$481$128
30 years$1,824$1,308$919$636$434$109
31 years$1,746$1,236$857$584$393$93
32 years$1,673$1,170$800$537$355$80
33 years$1,605$1,108$747$494$321$68
34 years$1,540$1,050$698$454$291$58
35 years$1,480$996$652$418$264$50
36 years$1,423$945$610$385$239$43
37 years$1,369$898$571$355$216$36
38 years$1,319$853$535$327$196$31
39 years$1,271$811$501$302$178$27
40 years$1,225$772$470$278$161$23
41 years$1,182$735$440$257$146$19
42 years$1,141$700$413$237$133$17
43 years$1,102$667$388$219$121$14
44 years$1,065$635$364$202$109$12
45 years$1,029$606$342$186$99$10
46 years$995$578$321$172$90$9
47 years$963$552$301$159$82$8
48 years$932$527$283$147$74$7
49 years$903$503$266$136$68$6
50 years$875$480$250$126$61$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $896,000, adding $6,770 every year, while hoping to spend $21,134 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: 52/34/14 Blend
34$896,000$896,000$896,000$896,000
35$994,375$946,887$932,999$1,042,010
36$1,073,315$970,798$941,768$1,099,235
37$1,159,599$995,173$950,123$1,158,633
38$1,253,952$1,020,011$958,027$1,222,758
39$1,357,176$1,045,312$965,441$1,292,063
40$1,470,152$1,071,076$972,327$1,367,046
41$1,593,849$1,097,301$978,642$1,448,256
42$1,729,336$1,123,983$984,341$1,536,298
43$1,877,790$1,151,120$989,378$1,631,839
44$2,040,506$1,178,706$993,703$1,735,611
45$2,218,911$1,206,736$997,266$1,848,425
46$2,414,577$1,235,203$1,000,012$1,971,169
47$2,629,235$1,264,099$1,001,883$2,104,826
48$2,864,792$1,293,415$1,002,821$2,250,475
49$3,123,348$1,323,140$1,002,763$2,409,308
50$3,407,217$1,353,261$1,001,643$2,582,636
51$3,718,947$1,383,764$999,392$2,771,904
52$4,061,345$1,414,635$995,937$2,978,707
53$4,437,505$1,445,854$991,203$3,204,798
54$4,850,833$1,477,403$985,111$3,452,111
55$5,305,082$1,509,261$977,577$3,722,778
56$5,804,388$1,541,402$968,513$4,019,148
57$6,353,307$1,573,801$957,829$4,343,807
58$6,956,856$1,606,430$945,428$4,699,609
59$7,620,566$1,639,255$931,211$5,089,696
60$8,350,528$1,672,244$915,071$5,517,532
61$9,153,456$1,705,358$896,900$5,986,934
62$10,036,745$1,738,556$876,582$6,502,109
63$11,008,542$1,771,795$853,997$7,067,693
64$12,077,827$1,805,026$829,019$7,688,796
65$13,254,490$1,838,197$801,517$8,371,048
66$14,549,432$1,871,253$771,352$9,120,656
67$15,974,662$1,904,132$738,380$9,944,460
68$17,543,413$1,936,770$702,451$10,849,996
69$19,270,266$1,969,096$663,407$11,845,574
70$21,171,286$2,001,035$621,085$12,940,350
71$23,264,178$2,032,506$575,311$14,144,413
72$25,568,446$2,063,422$525,907$15,468,885
73$28,105,587$2,093,689$472,684$16,926,023
74$30,899,285$2,123,208$415,447$18,529,337
75$33,975,639$2,151,871$353,991$20,293,712
76$37,363,406$2,179,565$288,102$22,235,559
77$41,094,276$2,206,166$217,556$24,372,959
78$45,203,169$2,231,545$142,121$26,725,844
79$49,728,563$2,255,562$61,553$29,316,178
80$54,712,860$2,278,067$0$32,168,169
81$60,202,782$2,298,903$0$35,312,146
82$66,249,816$2,317,900$0$38,783,913
83$72,910,698$2,334,878$0$42,606,713
84$80,247,947$2,349,645$0$46,816,303
85$88,330,457$2,361,996$0$51,452,089
86$97,234,145$2,371,716$0$56,557,497
87$107,042,669$2,378,572$0$62,180,385
88$117,848,219$2,382,319$0$68,373,491
89$129,752,381$2,382,696$0$75,194,937
90$142,867,102$2,379,427$0$82,708,773
91$157,315,745$2,372,217$0$90,985,586
92$173,234,249$2,360,753$0$100,103,163
93$190,772,418$2,344,706$0$110,147,229
94$210,095,330$2,323,723$0$121,212,255
95$231,384,900$2,297,431$0$133,402,352
96$254,841,592$2,265,437$0$146,832,253
97$280,686,311$2,227,321$0$161,628,397
98$309,162,495$2,182,639$0$177,930,123
99$340,538,404$2,130,924$0$195,890,988
100$375,109,659$2,071,676$0$215,680,217