Can I retire at age 35 with 790,000?

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 $790,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.4%
1 years$65,237$64,656$64,089$63,536$62,996$60,857
2 years$32,296$31,694$31,111$30,546$29,998$27,865
3 years$21,317$20,713$20,131$19,571$19,032$16,972
4 years$15,828$15,226$14,650$14,100$13,574$11,602
5 years$12,536$11,937$11,369$10,830$10,319$8,440
6 years$10,342$9,748$9,188$8,661$8,165$6,381
7 years$8,775$8,186$7,635$7,121$6,640$4,951
8 years$7,601$7,017$6,475$5,973$5,509$3,913
9 years$6,688$6,110$5,577$5,088$4,639$3,134
10 years$5,958$5,385$4,862$4,386$3,953$2,537
11 years$5,361$4,794$4,281$3,817$3,399$2,070
12 years$4,864$4,303$3,799$3,348$2,946$1,699
13 years$4,444$3,889$3,394$2,956$2,569$1,402
14 years$4,084$3,535$3,050$2,624$2,252$1,162
15 years$3,772$3,229$2,753$2,340$1,983$966
16 years$3,500$2,963$2,496$2,095$1,752$805
17 years$3,260$2,728$2,272$1,883$1,554$672
18 years$3,047$2,521$2,074$1,697$1,382$562
19 years$2,856$2,337$1,898$1,533$1,231$471
20 years$2,685$2,171$1,742$1,388$1,100$396
21 years$2,530$2,022$1,603$1,260$984$332
22 years$2,390$1,888$1,477$1,146$882$279
23 years$2,262$1,766$1,364$1,043$792$235
24 years$2,144$1,654$1,261$952$712$198
25 years$2,037$1,553$1,168$869$641$167
26 years$1,938$1,459$1,083$795$577$140
27 years$1,846$1,373$1,006$727$520$118
28 years$1,761$1,294$935$666$469$100
29 years$1,682$1,221$870$611$424$84
30 years$1,608$1,153$811$561$383$71
31 years$1,539$1,090$756$515$346$60
32 years$1,475$1,031$705$473$313$51
33 years$1,415$977$658$435$283$43
34 years$1,358$926$615$401$257$36
35 years$1,305$878$575$369$232$30
36 years$1,255$833$538$340$211$26
37 years$1,207$791$504$313$191$22
38 years$1,163$752$472$288$173$18
39 years$1,120$715$442$266$157$15
40 years$1,080$680$414$245$142$13
41 years$1,042$648$388$226$129$11
42 years$1,006$617$364$209$117$9
43 years$971$588$342$193$106$8
44 years$939$560$321$178$97$7
45 years$907$534$301$164$88$6
46 years$878$510$283$152$80$5
47 years$849$486$266$140$72$4
48 years$822$464$250$130$66$3
49 years$796$443$235$120$60$3
50 years$771$424$221$111$54$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $790,000, adding $5,969 every year, while hoping to spend $49,476 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: 23/50/27 Blend
34$790,000$790,000$790,000$790,000
35$876,737$834,867$822,622$889,303
36$913,522$823,133$797,538$888,825
37$952,401$809,167$769,955$883,751
38$993,535$792,805$739,738$877,261
39$1,037,101$773,877$706,744$869,269
40$1,083,290$752,202$670,825$859,688
41$1,132,313$727,588$631,825$848,428
42$1,184,401$699,831$589,583$835,394
43$1,239,803$668,717$543,928$820,491
44$1,298,797$634,018$494,683$803,620
45$1,361,683$595,493$441,663$784,679
46$1,428,791$552,889$384,675$763,565
47$1,500,483$505,935$323,517$740,172
48$1,577,155$454,349$257,978$714,393
49$1,659,241$397,829$187,837$686,119
50$1,747,219$336,058$112,865$655,239
51$1,841,611$268,700$32,821$621,645
52$1,942,990$195,401$0$585,225
53$2,051,987$115,787$0$561,023
54$2,169,291$29,463$0$544,854
55$2,295,663$0$0$527,225
56$2,431,935$0$0$543,323
57$2,579,024$0$0$578,302
58$2,737,935$0$0$616,205
59$2,909,774$0$0$657,311
60$3,095,757$0$0$701,924
61$3,297,220$0$0$750,380
62$3,515,631$0$0$803,051
63$3,752,606$0$0$860,342
64$4,009,921$0$0$922,701
65$4,289,532$0$0$990,621
66$4,593,586$0$0$1,064,643
67$4,924,449$0$0$1,145,365
68$5,284,723$0$0$1,233,442
69$5,677,271$0$0$1,329,598
70$6,105,245$0$0$1,434,627
71$6,572,112$0$0$1,549,406
72$7,081,690$0$0$1,674,898
73$7,638,181$0$0$1,812,166
74$8,246,209$0$0$1,962,376
75$8,910,868$0$0$2,126,818
76$9,637,763$0$0$2,306,908
77$10,433,069$0$0$2,504,205
78$11,303,581$0$0$2,720,430
79$12,256,786$0$0$2,957,476
80$13,300,925$0$0$3,217,426
81$14,445,075$0$0$3,502,576
82$15,699,234$0$0$3,815,457
83$17,074,411$0$0$4,158,854
84$18,582,732$0$0$4,535,835
85$20,237,555$0$0$4,949,781
86$22,053,589$0$0$5,404,415
87$24,047,041$0$0$5,903,838
88$26,235,761$0$0$6,452,571
89$28,639,412$0$0$7,055,590
90$31,279,654$0$0$7,718,380
91$34,180,350$0$0$8,446,983
92$37,367,788$0$0$9,248,056
93$40,870,927$0$0$10,128,931
94$44,721,673$0$0$11,097,689
95$48,955,175$0$0$12,163,232
96$53,610,159$0$0$13,335,369
97$58,729,290$0$0$14,624,905
98$64,359,576$0$0$16,043,748
99$70,552,807$0$0$17,605,016
100$77,366,048$0$0$19,323,165