Can I retire at age 35 with 898,000?

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 $898,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.7%
1 years$74,156$73,495$72,851$72,222$71,608$69,933
2 years$36,711$36,027$35,365$34,722$34,099$32,422
3 years$24,231$23,544$22,883$22,247$21,634$20,006
4 years$17,992$17,307$16,653$16,028$15,429$13,863
5 years$14,250$13,569$12,924$12,311$11,729$10,230
6 years$11,756$11,080$10,444$9,845$9,281$7,849
7 years$9,975$9,305$8,679$8,094$7,548$6,184
8 years$8,640$7,976$7,361$6,790$6,262$4,965
9 years$7,602$6,945$6,340$5,784$5,273$4,044
10 years$6,772$6,122$5,527$4,985$4,493$3,328
11 years$6,094$5,450$4,866$4,339$3,864$2,763
12 years$5,529$4,891$4,318$3,806$3,349$2,309
13 years$5,051$4,420$3,858$3,360$2,920$1,941
14 years$4,642$4,018$3,467$2,983$2,560$1,638
15 years$4,288$3,670$3,130$2,660$2,254$1,388
16 years$3,978$3,368$2,838$2,382$1,992$1,179
17 years$3,706$3,101$2,582$2,140$1,766$1,004
18 years$3,463$2,866$2,357$1,928$1,570$858
19 years$3,247$2,656$2,158$1,743$1,400$733
20 years$3,052$2,468$1,980$1,578$1,250$628
21 years$2,876$2,299$1,822$1,432$1,119$539
22 years$2,716$2,146$1,679$1,302$1,003$463
23 years$2,571$2,007$1,550$1,186$900$398
24 years$2,438$1,881$1,434$1,082$809$342
25 years$2,315$1,765$1,328$988$728$294
26 years$2,202$1,659$1,231$903$656$253
27 years$2,098$1,561$1,144$827$591$218
28 years$2,001$1,471$1,063$758$534$188
29 years$1,912$1,388$989$695$482$162
30 years$1,828$1,310$921$638$435$140
31 years$1,750$1,239$859$586$394$121
32 years$1,677$1,172$802$538$356$104
33 years$1,608$1,110$748$495$322$90
34 years$1,544$1,052$699$455$292$78
35 years$1,483$998$654$419$264$67
36 years$1,426$947$612$386$239$58
37 years$1,372$900$572$356$217$50
38 years$1,322$855$536$328$197$43
39 years$1,273$813$502$302$178$37
40 years$1,228$773$471$279$162$32
41 years$1,184$736$441$257$147$28
42 years$1,143$701$414$237$133$24
43 years$1,104$668$389$219$121$21
44 years$1,067$637$365$202$110$18
45 years$1,031$607$342$187$100$16
46 years$998$579$322$173$90$13
47 years$965$553$302$159$82$12
48 years$935$528$284$147$75$10
49 years$905$504$267$136$68$9
50 years$877$481$251$126$62$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $898,000, adding $5,681 every year, while hoping to spend $30,006 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: 43/48/9 Blend
34$898,000$898,000$898,000$898,000
35$995,456$947,862$933,943$1,035,432
36$1,065,066$962,381$933,304$1,078,329
37$1,140,771$976,606$931,638$1,121,281
38$1,223,161$990,490$928,878$1,167,130
39$1,312,884$1,003,985$924,957$1,216,151
40$1,410,655$1,017,038$919,800$1,268,651
41$1,517,261$1,029,591$913,332$1,324,967
42$1,633,565$1,041,585$905,472$1,385,470
43$1,760,522$1,052,956$896,139$1,450,572
44$1,899,178$1,063,634$885,243$1,520,727
45$2,050,689$1,073,546$872,693$1,596,436
46$2,216,324$1,082,615$858,393$1,678,254
47$2,397,483$1,090,757$842,243$1,766,791
48$2,595,705$1,097,883$824,137$1,862,725
49$2,812,687$1,103,899$803,965$1,966,799
50$3,050,296$1,108,705$781,613$2,079,840
51$3,310,589$1,112,194$756,959$2,202,755
52$3,595,830$1,114,252$729,879$2,336,549
53$3,908,513$1,114,760$700,239$2,482,333
54$4,251,387$1,113,589$667,902$2,641,329
55$4,627,476$1,110,602$632,724$2,814,891
56$5,040,114$1,105,657$594,556$3,004,510
57$5,492,970$1,098,599$553,238$3,211,835
58$5,990,089$1,089,266$508,608$3,438,686
59$6,535,925$1,077,486$460,492$3,687,068
60$7,135,383$1,063,077$408,713$3,959,201
61$7,793,869$1,045,845$353,082$4,257,529
62$8,517,337$1,025,585$293,403$4,584,752
63$9,312,347$1,002,079$229,473$4,943,852
64$10,186,123$975,099$161,078$5,338,116
65$11,146,629$944,399$87,995$5,771,175
66$12,202,634$909,723$9,991$6,247,032
67$13,363,801$870,799$0$6,770,107
68$14,640,777$827,336$0$7,352,311
69$16,045,292$779,031$0$7,993,470
70$17,590,268$725,561$0$8,698,586
71$19,289,946$666,583$0$9,474,233
72$21,160,013$601,738$0$10,327,665
73$23,217,755$530,644$0$11,266,880
74$25,482,218$452,898$0$12,300,700
75$27,974,389$368,074$0$13,438,856
76$30,717,390$275,724$0$14,692,078
77$33,736,700$175,370$0$16,072,200
78$37,060,393$66,513$0$17,592,272
79$40,719,403$0$0$19,266,686
80$44,747,816$0$0$21,138,451
81$49,183,191$0$0$23,238,126
82$54,066,913$0$0$25,550,190
83$59,444,587$0$0$28,096,251
84$65,366,463$0$0$30,900,118
85$71,887,914$0$0$33,988,028
86$79,069,957$0$0$37,388,892
87$86,979,826$0$0$41,134,568
88$95,691,611$0$0$45,260,162
89$105,286,953$0$0$49,804,356
90$115,855,816$0$0$54,809,779
91$127,497,335$0$0$60,323,406
92$140,320,753$0$0$66,396,997
93$154,446,447$0$0$73,087,594
94$170,007,072$0$0$80,458,052
95$187,148,803$0$0$88,577,635
96$206,032,723$0$0$97,522,671
97$226,836,337$0$0$107,377,270
98$249,755,250$0$0$118,234,117
99$275,005,013$0$0$130,195,350
100$302,823,156$0$0$143,373,522