Can I retire at age 35 with 897,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $897,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.3%
1 years$74,073$73,414$72,770$72,142$71,528$71,137
2 years$36,670$35,987$35,325$34,683$34,061$33,666
3 years$24,204$23,518$22,858$22,222$21,610$21,224
4 years$17,972$17,288$16,635$16,010$15,412$15,038
5 years$14,234$13,554$12,909$12,297$11,716$11,355
6 years$11,743$11,068$10,432$9,834$9,271$8,922
7 years$9,964$9,295$8,669$8,085$7,539$7,204
8 years$8,630$7,967$7,352$6,782$6,255$5,933
9 years$7,594$6,937$6,333$5,777$5,267$4,959
10 years$6,765$6,115$5,521$4,980$4,488$4,193
11 years$6,087$5,444$4,861$4,334$3,860$3,578
12 years$5,523$4,886$4,314$3,802$3,345$3,076
13 years$5,046$4,415$3,854$3,356$2,917$2,660
14 years$4,637$4,013$3,463$2,979$2,557$2,312
15 years$4,283$3,666$3,126$2,657$2,251$2,019
16 years$3,974$3,364$2,835$2,379$1,990$1,769
17 years$3,701$3,098$2,579$2,138$1,764$1,554
18 years$3,459$2,863$2,355$1,926$1,569$1,370
19 years$3,243$2,653$2,156$1,741$1,398$1,210
20 years$3,049$2,465$1,978$1,576$1,249$1,070
21 years$2,873$2,296$1,820$1,431$1,118$949
22 years$2,713$2,144$1,677$1,301$1,002$842
23 years$2,568$2,005$1,548$1,185$899$749
24 years$2,435$1,878$1,432$1,081$808$667
25 years$2,313$1,763$1,326$987$727$594
26 years$2,200$1,657$1,230$902$655$530
27 years$2,096$1,559$1,142$826$591$473
28 years$1,999$1,469$1,062$757$533$422
29 years$1,909$1,386$988$694$481$377
30 years$1,826$1,309$920$637$435$337
31 years$1,748$1,237$858$585$393$302
32 years$1,675$1,171$801$538$356$270
33 years$1,606$1,109$748$494$322$242
34 years$1,542$1,051$698$455$291$217
35 years$1,482$997$653$419$264$194
36 years$1,425$946$611$386$239$174
37 years$1,371$899$572$355$217$156
38 years$1,320$854$535$327$196$140
39 years$1,272$812$502$302$178$125
40 years$1,226$773$470$278$162$113
41 years$1,183$735$441$257$147$101
42 years$1,142$700$414$237$133$91
43 years$1,103$667$388$219$121$81
44 years$1,066$636$364$202$110$73
45 years$1,030$607$342$187$99$66
46 years$997$579$321$172$90$59
47 years$964$552$302$159$82$53
48 years$933$527$284$147$74$47
49 years$904$503$267$136$68$43
50 years$876$481$251$126$61$38

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $897,000, adding $4,581 every year, while hoping to spend $42,036 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: 33/41/26 Blend
34$897,000$897,000$897,000$897,000
35$993,219$945,678$931,775$1,018,003
36$1,049,802$947,291$918,263$1,038,731
37$1,110,747$947,573$902,890$1,056,973
38$1,176,455$946,416$885,549$1,075,802
39$1,247,366$943,703$866,128$1,095,298
40$1,323,964$939,311$844,510$1,115,552
41$1,406,780$933,109$820,572$1,136,669
42$1,496,398$924,958$794,188$1,158,767
43$1,593,460$914,710$765,223$1,181,979
44$1,698,672$902,210$733,537$1,206,460
45$1,812,810$887,292$698,984$1,232,379
46$1,936,727$869,780$661,411$1,259,931
47$2,071,363$849,489$620,658$1,289,335
48$2,217,750$826,222$576,558$1,320,837
49$2,377,025$799,771$528,936$1,354,714
50$2,550,437$769,915$477,611$1,391,276
51$2,739,362$736,422$422,392$1,430,873
52$2,945,314$699,044$363,079$1,473,896
53$3,169,960$657,520$299,465$1,520,783
54$3,415,132$611,575$231,334$1,572,023
55$3,682,849$560,916$158,457$1,628,164
56$3,975,334$505,235$80,600$1,689,819
57$4,295,032$444,206$0$1,757,670
58$4,644,638$377,484$0$1,833,171
59$5,027,116$304,706$0$1,940,386
60$5,445,732$225,486$0$2,057,956
61$5,904,080$139,419$0$2,187,010
62$6,406,121$46,076$0$2,328,806
63$6,956,215$0$0$2,484,731
64$7,559,163$0$0$2,681,141
65$8,220,255$0$0$2,919,417
66$8,945,315$0$0$3,180,888
67$9,740,758$0$0$3,467,886
68$10,613,652$0$0$3,782,978
69$11,571,781$0$0$4,128,992
70$12,623,718$0$0$4,509,045
71$13,778,908$0$0$4,926,568
72$15,047,756$0$0$5,385,343
73$16,441,724$0$0$5,889,535
74$17,973,438$0$0$6,443,733
75$19,656,808$0$0$7,052,995
76$21,507,160$0$0$7,722,889
77$23,541,376$0$0$8,459,552
78$25,778,058$0$0$9,269,746
79$28,237,699$0$0$10,160,921
80$30,942,876$0$0$11,141,284
81$33,918,467$0$0$12,219,878
82$37,191,880$0$0$13,406,668
83$40,793,314$0$0$14,712,631
84$44,756,041$0$0$16,149,865
85$49,116,724$0$0$17,731,699
86$53,915,756$0$0$19,472,817
87$59,197,648$0$0$21,389,403
88$65,011,440$0$0$23,499,286
89$71,411,172$0$0$25,822,116
90$78,456,387$0$0$28,379,539
91$86,212,693$0$0$31,195,412
92$94,752,386$0$0$34,296,021
93$104,155,126$0$0$37,710,330
94$114,508,693$0$0$41,470,257
95$125,909,811$0$0$45,610,970
96$138,465,061$0$0$50,171,224
97$152,291,889$0$0$55,193,725
98$167,519,711$0$0$60,725,529
99$184,291,133$0$0$66,818,492
100$202,763,298$0$0$73,529,753