Can I retire at age 35 with 897,000?

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 $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%19.7%
1 years$74,073$73,414$72,770$72,142$71,528$68,744
2 years$36,670$35,987$35,325$34,683$34,061$31,290
3 years$24,204$23,518$22,858$22,222$21,610$18,939
4 years$17,972$17,288$16,635$16,010$15,412$12,862
5 years$14,234$13,554$12,909$12,297$11,716$9,293
6 years$11,743$11,068$10,432$9,834$9,271$6,975
7 years$9,964$9,295$8,669$8,085$7,539$5,372
8 years$8,630$7,967$7,352$6,782$6,255$4,213
9 years$7,594$6,937$6,333$5,777$5,267$3,348
10 years$6,765$6,115$5,521$4,980$4,488$2,688
11 years$6,087$5,444$4,861$4,334$3,860$2,174
12 years$5,523$4,886$4,314$3,802$3,345$1,770
13 years$5,046$4,415$3,854$3,356$2,917$1,447
14 years$4,637$4,013$3,463$2,979$2,557$1,188
15 years$4,283$3,666$3,126$2,657$2,251$979
16 years$3,974$3,364$2,835$2,379$1,990$808
17 years$3,701$3,098$2,579$2,138$1,764$668
18 years$3,459$2,863$2,355$1,926$1,569$554
19 years$3,243$2,653$2,156$1,741$1,398$460
20 years$3,049$2,465$1,978$1,576$1,249$382
21 years$2,873$2,296$1,820$1,431$1,118$318
22 years$2,713$2,144$1,677$1,301$1,002$264
23 years$2,568$2,005$1,548$1,185$899$220
24 years$2,435$1,878$1,432$1,081$808$183
25 years$2,313$1,763$1,326$987$727$153
26 years$2,200$1,657$1,230$902$655$127
27 years$2,096$1,559$1,142$826$591$106
28 years$1,999$1,469$1,062$757$533$89
29 years$1,909$1,386$988$694$481$74
30 years$1,826$1,309$920$637$435$62
31 years$1,748$1,237$858$585$393$52
32 years$1,675$1,171$801$538$356$43
33 years$1,606$1,109$748$494$322$36
34 years$1,542$1,051$698$455$291$30
35 years$1,482$997$653$419$264$25
36 years$1,425$946$611$386$239$21
37 years$1,371$899$572$355$217$17
38 years$1,320$854$535$327$196$15
39 years$1,272$812$502$302$178$12
40 years$1,226$773$470$278$162$10
41 years$1,183$735$441$257$147$9
42 years$1,142$700$414$237$133$7
43 years$1,103$667$388$219$121$6
44 years$1,066$636$364$202$110$5
45 years$1,030$607$342$187$99$4
46 years$997$579$321$172$90$3
47 years$964$552$302$159$82$3
48 years$933$527$284$147$74$2
49 years$904$503$267$136$68$2
50 years$876$481$251$126$61$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $897,000, adding $3,940 every year, while hoping to spend $25,038 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: 70/5/25 Blend
34$897,000$897,000$897,000$897,000
35$992,558$945,017$931,114$1,055,468
36$1,067,159$964,683$935,666$1,117,747
37$1,148,530$984,473$939,531$1,182,622
38$1,237,335$1,004,367$942,660$1,253,049
39$1,334,305$1,024,343$945,002$1,329,578
40$1,440,245$1,044,377$946,500$1,412,814
41$1,556,041$1,064,443$947,099$1,503,425
42$1,682,669$1,084,511$946,738$1,602,145
43$1,821,201$1,104,553$945,354$1,709,786
44$1,972,822$1,124,534$942,881$1,827,241
45$2,138,832$1,144,418$939,250$1,955,494
46$2,320,665$1,164,168$934,388$2,095,631
47$2,519,902$1,183,740$928,219$2,248,849
48$2,738,280$1,203,092$920,662$2,416,466
49$2,977,715$1,222,174$911,635$2,599,935
50$3,240,317$1,240,936$901,050$2,800,858
51$3,528,409$1,259,321$888,814$3,021,002
52$3,844,550$1,277,271$874,833$3,262,312
53$4,191,559$1,294,722$859,005$3,526,933
54$4,572,541$1,311,606$841,224$3,817,231
55$4,990,917$1,327,852$821,382$4,135,812
56$5,450,454$1,343,380$799,362$4,485,549
57$5,955,304$1,358,109$775,044$4,869,607
58$6,510,038$1,371,950$748,302$5,291,479
59$7,119,696$1,384,810$719,004$5,755,010
60$7,789,826$1,396,586$687,011$6,264,440
61$8,526,543$1,407,174$652,181$6,824,445
62$9,336,583$1,416,458$614,361$7,440,175
63$10,227,367$1,424,317$573,395$8,117,308
64$11,207,073$1,430,623$529,118$8,862,103
65$12,284,708$1,435,238$481,358$9,681,458
66$13,470,200$1,438,016$429,935$10,582,975
67$14,774,485$1,438,802$374,662$11,575,035
68$16,209,611$1,437,433$315,342$12,666,873
69$17,788,856$1,433,732$251,771$13,868,670
70$19,526,850$1,427,515$183,735$15,191,645
71$21,439,709$1,418,584$111,012$16,648,165
72$23,545,196$1,406,731$33,367$18,251,859
73$25,862,879$1,391,734$0$20,017,748
74$28,414,323$1,373,359$0$21,975,592
75$31,223,286$1,351,356$0$24,140,792
76$34,315,952$1,325,463$0$26,524,620
77$37,721,167$1,295,399$0$29,149,316
78$41,470,722$1,260,869$0$32,039,384
79$45,599,644$1,221,560$0$35,221,829
80$50,146,531$1,177,140$0$38,726,407
81$55,153,917$1,127,259$0$42,585,909
82$60,668,667$1,071,546$0$46,836,469
83$66,742,428$1,009,608$0$51,517,903
84$73,432,107$941,030$0$56,674,090
85$80,800,414$865,374$0$62,353,379
86$88,916,454$782,174$0$68,609,052
87$97,856,373$690,941$0$75,499,824
88$107,704,082$591,157$0$83,090,394
89$118,552,048$482,273$0$91,452,063
90$130,502,165$363,712$0$100,663,399
91$143,666,714$234,862$0$110,810,985
92$158,169,427$95,079$0$121,990,233
93$174,146,651$0$0$134,306,283
94$191,748,636$0$0$147,878,100
95$211,140,953$0$0$162,836,174
96$232,506,056$0$0$179,316,019
97$256,045,005$0$0$197,472,730
98$281,979,361$0$0$217,477,220
99$310,553,281$0$0$239,517,830
100$342,035,819$0$0$263,802,106