Can I retire at age 35 with 789,000?

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 $789,000?

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$65,155$64,575$64,008$63,456$62,916$62,572
2 years$32,255$31,654$31,072$30,508$29,960$29,613
3 years$21,290$20,686$20,106$19,546$19,008$18,668
4 years$15,808$15,207$14,632$14,082$13,557$13,227
5 years$12,520$11,922$11,355$10,816$10,305$9,987
6 years$10,329$9,735$9,176$8,650$8,154$7,848
7 years$8,764$8,176$7,626$7,112$6,632$6,337
8 years$7,591$7,008$6,467$5,966$5,502$5,219
9 years$6,679$6,102$5,570$5,082$4,633$4,362
10 years$5,950$5,378$4,856$4,380$3,948$3,688
11 years$5,354$4,788$4,275$3,812$3,395$3,147
12 years$4,858$4,298$3,794$3,344$2,942$2,705
13 years$4,438$3,884$3,390$2,952$2,566$2,340
14 years$4,079$3,530$3,046$2,621$2,249$2,034
15 years$3,768$3,225$2,750$2,337$1,980$1,776
16 years$3,496$2,959$2,493$2,093$1,750$1,556
17 years$3,256$2,725$2,269$1,880$1,552$1,367
18 years$3,043$2,518$2,071$1,694$1,380$1,205
19 years$2,853$2,334$1,896$1,531$1,230$1,064
20 years$2,682$2,169$1,740$1,387$1,098$942
21 years$2,527$2,020$1,600$1,258$983$835
22 years$2,387$1,885$1,475$1,144$881$741
23 years$2,259$1,763$1,362$1,042$791$659
24 years$2,142$1,652$1,260$950$711$586
25 years$2,034$1,551$1,167$868$640$522
26 years$1,935$1,457$1,082$794$576$466
27 years$1,843$1,371$1,005$726$520$416
28 years$1,759$1,292$934$666$469$371
29 years$1,680$1,219$869$610$423$332
30 years$1,606$1,151$810$560$382$297
31 years$1,537$1,088$755$514$346$266
32 years$1,473$1,030$704$473$313$238
33 years$1,413$975$658$435$283$213
34 years$1,356$924$614$400$256$191
35 years$1,303$877$574$368$232$171
36 years$1,253$832$537$339$210$153
37 years$1,206$790$503$312$191$137
38 years$1,161$751$471$288$173$123
39 years$1,119$714$441$266$157$110
40 years$1,079$680$414$245$142$99
41 years$1,041$647$388$226$129$89
42 years$1,005$616$364$209$117$80
43 years$970$587$341$193$106$72
44 years$937$560$320$178$96$64
45 years$906$534$301$164$88$58
46 years$877$509$283$152$79$52
47 years$848$486$265$140$72$46
48 years$821$464$249$129$66$42
49 years$795$443$234$120$60$37
50 years$770$423$220$111$54$34

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $789,000, adding $4,367 every year, while hoping to spend $35,941 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: 39/38/23 Blend
34$789,000$789,000$789,000$789,000
35$873,983$832,166$819,936$901,943
36$924,888$834,701$809,163$925,097
37$979,781$836,156$796,824$946,415
38$1,039,030$836,439$782,830$968,748
39$1,103,042$835,455$767,085$992,209
40$1,172,260$833,100$749,491$1,016,924
41$1,247,175$829,267$729,943$1,043,036
42$1,328,325$823,839$708,334$1,070,706
43$1,416,301$816,694$684,550$1,100,110
44$1,511,754$807,702$658,473$1,131,450
45$1,615,400$796,726$629,978$1,164,948
46$1,728,024$783,619$598,936$1,200,854
47$1,850,494$768,228$565,212$1,239,446
48$1,983,762$750,388$528,664$1,281,035
49$2,128,875$729,927$489,143$1,325,966
50$2,286,986$706,660$446,496$1,374,627
51$2,459,366$680,393$400,561$1,427,445
52$2,647,410$650,921$351,169$1,484,901
53$2,852,657$618,027$298,143$1,547,526
54$3,076,797$581,480$241,300$1,615,911
55$3,321,695$541,036$180,448$1,690,716
56$3,589,400$496,440$115,386$1,772,672
57$3,882,172$447,419$45,905$1,862,590
58$4,202,496$393,685$0$1,961,374
59$4,553,110$334,935$0$2,076,956
60$4,937,029$270,847$0$2,215,988
61$5,357,571$201,084$0$2,368,484
62$5,818,393$125,287$0$2,535,873
63$6,323,521$43,078$0$2,719,734
64$6,877,388$0$0$2,921,812
65$7,484,880$0$0$3,163,250
66$8,151,375$0$0$3,448,008
67$8,882,798$0$0$3,760,617
68$9,685,676$0$0$4,103,881
69$10,567,197$0$0$4,480,889
70$11,535,282$0$0$4,895,040
71$12,598,653$0$0$5,350,084
72$13,766,921$0$0$5,850,149
73$15,050,674$0$0$6,399,783
74$16,461,575$0$0$7,003,996
75$18,012,473$0$0$7,668,308
76$19,717,525$0$0$8,398,803
77$21,592,327$0$0$9,202,181
78$23,654,063$0$0$10,085,824
79$25,921,665$0$0$11,057,867
80$28,415,991$0$0$12,127,272
81$31,160,023$0$0$13,303,914
82$34,179,083$0$0$14,598,672
83$37,501,071$0$0$16,023,535
84$41,156,726$0$0$17,591,712
85$45,179,920$0$0$19,317,756
86$49,607,974$0$0$21,217,706
87$54,482,011$0$0$23,309,231
88$59,847,340$0$0$25,611,802
89$65,753,891$0$0$28,146,873
90$72,256,676$0$0$30,938,086
91$79,416,317$0$0$34,011,490
92$87,299,608$0$0$37,395,789
93$95,980,154$0$0$41,122,613
94$105,539,060$0$0$45,226,816
95$116,065,695$0$0$49,746,803
96$127,658,538$0$0$54,724,894
97$140,426,108$0$0$60,207,724
98$154,487,981$0$0$66,246,681
99$169,975,925$0$0$72,898,391
100$187,035,140$0$0$80,225,253