Can I retire at age 35 with 834,000?

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 $834,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.1%
1 years$68,871$68,257$67,659$67,075$66,504$64,844
2 years$34,095$33,460$32,844$32,247$31,669$30,006
3 years$22,504$21,866$21,252$20,661$20,092$18,480
4 years$16,710$16,074$15,466$14,885$14,330$12,780
5 years$13,234$12,602$12,002$11,433$10,893$9,410
6 years$10,918$10,291$9,700$9,143$8,619$7,205
7 years$9,264$8,642$8,061$7,517$7,010$5,664
8 years$8,024$7,408$6,836$6,306$5,815$4,537
9 years$7,060$6,450$5,888$5,371$4,897$3,686
10 years$6,290$5,685$5,133$4,630$4,173$3,026
11 years$5,660$5,061$4,519$4,030$3,589$2,506
12 years$5,135$4,543$4,011$3,535$3,110$2,089
13 years$4,691$4,105$3,583$3,120$2,712$1,751
14 years$4,311$3,732$3,220$2,770$2,377$1,474
15 years$3,982$3,409$2,907$2,470$2,093$1,245
16 years$3,695$3,128$2,635$2,212$1,850$1,055
17 years$3,441$2,880$2,398$1,987$1,640$896
18 years$3,216$2,662$2,189$1,791$1,458$763
19 years$3,015$2,467$2,004$1,618$1,300$650
20 years$2,835$2,292$1,839$1,466$1,161$555
21 years$2,671$2,135$1,692$1,330$1,039$475
22 years$2,523$1,993$1,559$1,209$931$406
23 years$2,388$1,864$1,440$1,102$836$348
24 years$2,264$1,746$1,331$1,005$751$299
25 years$2,150$1,639$1,233$918$676$256
26 years$2,045$1,540$1,144$839$609$220
27 years$1,949$1,450$1,062$768$549$189
28 years$1,859$1,366$987$704$496$162
29 years$1,775$1,289$919$645$447$139
30 years$1,698$1,217$856$592$404$120
31 years$1,625$1,151$798$544$366$103
32 years$1,557$1,089$744$500$331$89
33 years$1,494$1,031$695$460$299$76
34 years$1,434$977$649$423$271$66
35 years$1,378$927$607$389$245$56
36 years$1,325$880$568$358$222$49
37 years$1,275$835$532$330$202$42
38 years$1,227$794$498$304$183$36
39 years$1,183$755$466$281$166$31
40 years$1,140$718$437$259$150$27
41 years$1,100$684$410$239$136$23
42 years$1,062$651$385$220$124$20
43 years$1,025$620$361$204$112$17
44 years$991$591$339$188$102$15
45 years$958$564$318$174$93$13
46 years$927$538$299$160$84$11
47 years$897$513$281$148$76$9
48 years$868$490$264$137$69$8
49 years$840$468$248$126$63$7
50 years$814$447$233$117$57$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $834,000, adding $6,935 every year, while hoping to spend $54,676 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: 29/44/27 Blend
34$834,000$834,000$834,000$834,000
35$926,221$882,019$869,092$945,192
36$962,521$867,064$840,032$945,712
37$1,000,691$849,542$808,166$941,042
38$1,040,864$829,272$773,342$934,921
39$1,083,185$806,059$735,402$927,262
40$1,127,811$779,698$694,179$917,974
41$1,174,915$749,970$649,501$906,964
42$1,224,683$716,645$601,186$894,134
43$1,277,320$679,481$549,046$879,386
44$1,333,050$638,218$492,882$862,615
45$1,392,115$592,585$432,487$843,718
46$1,454,783$542,294$367,648$822,585
47$1,521,344$487,039$298,137$799,107
48$1,592,116$426,499$223,720$773,171
49$1,667,449$360,334$144,151$744,664
50$1,747,723$288,185$59,174$713,469
51$1,833,356$209,671$0$679,471
52$1,924,805$124,393$0$651,631
53$2,022,573$31,925$0$639,538
54$2,127,208$0$0$626,094
55$2,239,313$0$0$644,284
56$2,359,550$0$0$680,462
57$2,488,643$0$0$719,399
58$2,627,390$0$0$761,348
59$2,776,662$0$0$806,586
60$2,937,421$0$0$855,416
61$3,110,720$0$0$908,174
62$3,297,716$0$0$965,227
63$3,499,681$0$0$1,026,979
64$3,718,014$0$0$1,093,873
65$3,954,249$0$0$1,166,397
66$4,210,075$0$0$1,245,089
67$4,487,350$0$0$1,330,539
68$4,788,113$0$0$1,423,396
69$5,114,611$0$0$1,524,374
70$5,469,312$0$0$1,634,260
71$5,854,932$0$0$1,753,917
72$6,274,459$0$0$1,884,298
73$6,731,182$0$0$2,026,449
74$7,228,717$0$0$2,181,523
75$7,771,046$0$0$2,350,789
76$8,362,550$0$0$2,535,642
77$9,008,051$0$0$2,737,620
78$9,712,858$0$0$2,958,415
79$10,482,814$0$0$3,199,891
80$11,324,351$0$0$3,464,098
81$12,244,552$0$0$3,753,295
82$13,251,215$0$0$4,069,970
83$14,352,926$0$0$4,416,862
84$15,559,139$0$0$4,796,987
85$16,880,265$0$0$5,213,668
86$18,327,771$0$0$5,670,562
87$19,914,282$0$0$6,171,701
88$21,653,705$0$0$6,721,522
89$23,561,357$0$0$7,324,914
90$25,654,106$0$0$7,987,263
91$27,950,536$0$0$8,714,501
92$30,471,111$0$0$9,513,161
93$33,238,379$0$0$10,390,444
94$36,277,173$0$0$11,354,277
95$39,614,851$0$0$12,413,398
96$43,281,551$0$0$13,577,431
97$47,310,473$0$0$14,856,977
98$51,738,192$0$0$16,263,719
99$56,605,003$0$0$17,810,525
100$61,955,298$0$0$19,511,574