Can I retire at age 35 with 794,000?

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 $794,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.7%
1 years$65,568$64,984$64,414$63,858$63,315$61,093
2 years$32,459$31,855$31,269$30,701$30,150$27,934
3 years$21,425$20,817$20,233$19,670$19,128$16,989
4 years$15,908$15,303$14,724$14,171$13,642$11,596
5 years$12,599$11,998$11,427$10,885$10,371$8,422
6 years$10,394$9,797$9,235$8,705$8,206$6,357
7 years$8,820$8,228$7,674$7,157$6,674$4,924
8 years$7,639$7,053$6,508$6,004$5,536$3,885
9 years$6,722$6,141$5,605$5,114$4,663$3,106
10 years$5,988$5,413$4,887$4,408$3,973$2,509
11 years$5,388$4,818$4,302$3,836$3,417$2,043
12 years$4,889$4,325$3,818$3,365$2,961$1,674
13 years$4,466$3,908$3,411$2,971$2,582$1,379
14 years$4,105$3,553$3,065$2,637$2,263$1,140
15 years$3,791$3,245$2,767$2,352$1,993$945
16 years$3,518$2,978$2,509$2,106$1,761$786
17 years$3,276$2,742$2,283$1,892$1,562$655
18 years$3,062$2,534$2,084$1,705$1,389$547
19 years$2,871$2,348$1,908$1,541$1,238$457
20 years$2,699$2,182$1,751$1,395$1,105$383
21 years$2,543$2,033$1,611$1,266$989$321
22 years$2,402$1,897$1,484$1,151$887$269
23 years$2,273$1,775$1,371$1,049$796$226
24 years$2,155$1,663$1,268$956$715$190
25 years$2,047$1,560$1,174$873$644$159
26 years$1,947$1,467$1,089$799$580$134
27 years$1,855$1,380$1,011$731$523$113
28 years$1,770$1,301$940$670$472$95
29 years$1,690$1,227$875$614$426$80
30 years$1,616$1,159$815$564$385$67
31 years$1,547$1,095$760$518$348$56
32 years$1,483$1,036$709$476$315$48
33 years$1,422$981$662$438$285$40
34 years$1,365$930$618$403$258$34
35 years$1,312$882$578$371$234$28
36 years$1,261$837$541$341$212$24
37 years$1,213$795$506$314$192$20
38 years$1,168$756$474$290$174$17
39 years$1,126$719$444$267$158$14
40 years$1,086$684$416$247$143$12
41 years$1,047$651$390$227$130$10
42 years$1,011$620$366$210$118$9
43 years$976$591$344$194$107$7
44 years$943$563$322$179$97$6
45 years$912$537$303$165$88$5
46 years$882$512$284$153$80$4
47 years$854$489$267$141$73$4
48 years$826$467$251$130$66$3
49 years$800$446$236$120$60$3
50 years$775$426$222$111$54$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $794,000, adding $2,200 every year, while hoping to spend $52,761 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: 38/41/21 Blend
34$794,000$794,000$794,000$794,000
35$877,257$835,175$822,868$905,003
36$910,600$819,962$794,297$910,069
37$945,576$802,234$763,000$910,415
38$982,295$781,814$728,831$909,713
39$1,020,878$758,512$691,636$907,900
40$1,061,456$732,127$651,254$904,908
41$1,104,170$702,447$607,517$900,669
42$1,149,177$669,249$560,250$895,115
43$1,196,644$632,293$509,270$888,174
44$1,246,756$591,330$454,385$879,774
45$1,299,713$546,093$395,395$869,841
46$1,355,734$496,301$332,091$858,300
47$1,415,058$441,659$264,254$845,078
48$1,477,946$381,852$191,659$830,098
49$1,544,682$316,549$114,065$813,287
50$1,615,579$245,399$31,226$794,571
51$1,690,978$168,034$0$773,876
52$1,771,252$84,061$0$763,946
53$1,856,809$0$0$760,201
54$1,948,097$0$0$758,762
55$2,045,606$0$0$797,798
56$2,149,874$0$0$839,609
57$2,261,488$0$0$884,437
58$2,381,096$0$0$932,553
59$2,509,404$0$0$984,250
60$2,647,192$0$0$1,039,852
61$2,795,312$0$0$1,099,715
62$2,954,700$0$0$1,164,229
63$3,126,385$0$0$1,233,822
64$3,311,497$0$0$1,308,964
65$3,511,276$0$0$1,390,174
66$3,727,085$0$0$1,478,020
67$3,960,424$0$0$1,573,127
68$4,212,938$0$0$1,676,182
69$4,486,438$0$0$1,787,939
70$4,782,914$0$0$1,909,231
71$5,104,554$0$0$2,040,971
72$5,453,766$0$0$2,184,164
73$5,833,197$0$0$2,339,915
74$6,245,759$0$0$2,509,442
75$6,694,656$0$0$2,694,082
76$7,183,413$0$0$2,895,308
77$7,715,909$0$0$3,114,743
78$8,296,413$0$0$3,354,169
79$8,929,623$0$0$3,615,551
80$9,620,710$0$0$3,901,050
81$10,375,367$0$0$4,213,047
82$11,199,859$0$0$4,554,162
83$12,101,085$0$0$4,927,278
84$13,086,639$0$0$5,335,573
85$14,164,883$0$0$5,782,545
86$15,345,026$0$0$6,272,043
87$16,637,207$0$0$6,808,311
88$18,052,589$0$0$7,396,018
89$19,603,470$0$0$8,040,309
90$21,303,391$0$0$8,746,849
91$23,167,265$0$0$9,521,879
92$25,211,519$0$0$10,372,272
93$27,454,244$0$0$11,305,598
94$29,915,368$0$0$12,330,198
95$32,616,842$0$0$13,455,256
96$35,582,844$0$0$14,690,893
97$38,840,010$0$0$16,048,256
98$42,417,680$0$0$17,539,625
99$46,348,176$0$0$19,178,529
100$50,667,105$0$0$20,979,871