Can I retire at age 35 with 824,000?

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 $824,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.2%
1 years$68,045$67,439$66,848$66,271$65,707$64,041
2 years$33,686$33,058$32,450$31,861$31,289$29,621
3 years$22,234$21,604$20,998$20,414$19,851$18,234
4 years$16,509$15,881$15,281$14,707$14,158$12,603
5 years$13,075$12,451$11,859$11,296$10,763$9,275
6 years$10,787$10,167$9,583$9,034$8,516$7,098
7 years$9,153$8,538$7,964$7,427$6,926$5,576
8 years$7,928$7,319$6,754$6,230$5,746$4,464
9 years$6,976$6,373$5,817$5,307$4,839$3,624
10 years$6,214$5,617$5,072$4,575$4,123$2,974
11 years$5,592$5,001$4,465$3,981$3,546$2,461
12 years$5,073$4,488$3,963$3,492$3,073$2,050
13 years$4,635$4,056$3,540$3,083$2,679$1,717
14 years$4,260$3,687$3,181$2,737$2,349$1,444
15 years$3,935$3,368$2,872$2,441$2,068$1,219
16 years$3,651$3,090$2,604$2,185$1,828$1,032
17 years$3,400$2,846$2,369$1,964$1,621$876
18 years$3,178$2,630$2,163$1,770$1,441$745
19 years$2,979$2,437$1,980$1,599$1,284$635
20 years$2,801$2,265$1,817$1,448$1,147$542
21 years$2,639$2,110$1,671$1,314$1,027$463
22 years$2,493$1,969$1,541$1,195$920$396
23 years$2,359$1,842$1,422$1,088$826$339
24 years$2,237$1,726$1,315$993$742$290
25 years$2,124$1,619$1,218$906$668$249
26 years$2,021$1,522$1,130$829$602$214
27 years$1,925$1,432$1,049$759$543$183
28 years$1,837$1,350$975$695$490$157
29 years$1,754$1,273$908$637$442$135
30 years$1,677$1,202$846$585$399$116
31 years$1,606$1,137$788$537$361$100
32 years$1,539$1,076$735$494$327$86
33 years$1,476$1,019$687$454$296$74
34 years$1,417$965$642$418$268$63
35 years$1,361$916$600$385$242$54
36 years$1,309$869$561$354$220$47
37 years$1,259$825$525$326$199$40
38 years$1,213$784$492$301$180$35
39 years$1,168$746$461$277$164$30
40 years$1,127$710$432$256$148$26
41 years$1,087$676$405$236$135$22
42 years$1,049$643$380$218$122$19
43 years$1,013$613$357$201$111$16
44 years$979$584$335$186$101$14
45 years$946$557$314$171$91$12
46 years$915$532$295$158$83$10
47 years$886$507$277$146$75$9
48 years$857$484$261$135$68$8
49 years$830$462$245$125$62$7
50 years$805$442$230$116$56$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $824,000, adding $3,919 every year, while hoping to spend $45,206 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: 60/24/16 Blend
34$824,000$824,000$824,000$824,000
35$912,090$868,418$855,646$962,880
36$957,025$862,872$836,212$992,065
37$1,005,027$855,539$814,611$1,018,504
38$1,056,363$846,284$790,724$1,046,290
39$1,111,324$834,963$764,424$1,075,557
40$1,170,227$821,424$735,580$1,106,456
41$1,233,423$805,507$704,055$1,139,155
42$1,301,296$787,041$669,705$1,173,842
43$1,374,267$765,844$632,379$1,210,725
44$1,452,799$741,727$591,920$1,250,036
45$1,537,399$714,486$548,164$1,292,032
46$1,628,625$683,908$500,939$1,337,000
47$1,727,090$649,765$450,066$1,385,259
48$1,833,468$611,818$395,358$1,437,162
49$1,948,498$569,813$336,619$1,493,104
50$2,072,994$523,483$273,644$1,553,521
51$2,207,849$472,543$206,221$1,618,896
52$2,354,047$416,695$134,127$1,689,769
53$2,512,668$355,622$57,129$1,766,737
54$2,684,902$288,989$0$1,850,460
55$2,872,056$216,443$0$1,945,948
56$3,075,568$137,611$0$2,060,426
57$3,297,021$52,100$0$2,185,077
58$3,538,157$0$0$2,320,948
59$3,800,891$0$0$2,479,893
60$4,087,331$0$0$2,668,240
61$4,399,799$0$0$2,873,763
62$4,740,849$0$0$3,098,151
63$5,113,293$0$0$3,343,261
64$5,520,226$0$0$3,611,139
65$5,965,055$0$0$3,904,036
66$6,451,532$0$0$4,224,433
67$6,983,788$0$0$4,575,060
68$7,566,372$0$0$4,958,921
69$8,204,291$0$0$5,379,329
70$8,903,063$0$0$5,839,928
71$9,668,759$0$0$6,344,733
72$10,508,071$0$0$6,898,166
73$11,428,365$0$0$7,505,097
74$12,437,756$0$0$8,170,889
75$13,545,181$0$0$8,901,451
76$14,760,486$0$0$9,703,289
77$16,094,512$0$0$10,583,573
78$17,559,206$0$0$11,550,197
79$19,167,724$0$0$12,611,861
80$20,934,562$0$0$13,778,147
81$22,875,687$0$0$15,059,609
82$25,008,690$0$0$16,467,878
83$27,352,948$0$0$18,015,764
84$29,929,813$0$0$19,717,381
85$32,762,803$0$0$21,588,280
86$35,877,834$0$0$23,645,592
87$39,303,454$0$0$25,908,192
88$43,071,119$0$0$28,396,875
89$47,215,485$0$0$31,134,555
90$51,774,736$0$0$34,146,476
91$56,790,945$0$0$37,460,453
92$62,310,464$0$0$41,107,134
93$68,384,371$0$0$45,120,285
94$75,068,940$0$0$49,537,116
95$82,426,181$0$0$54,398,621
96$90,524,416$0$0$59,749,975
97$99,438,931$0$0$65,640,952
98$109,252,678$0$0$72,126,398
99$120,057,064$0$0$79,266,746
100$131,952,806$0$0$87,128,589