Can I retire at age 35 with 838,000?

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 $838,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.6%
1 years$69,201$68,585$67,983$67,396$66,823$65,287
2 years$34,258$33,620$33,002$32,402$31,821$30,282
3 years$22,612$21,971$21,354$20,760$20,188$18,694
4 years$16,790$16,151$15,540$14,957$14,398$12,961
5 years$13,298$12,663$12,060$11,488$10,945$9,569
6 years$10,970$10,340$9,746$9,187$8,661$7,346
7 years$9,308$8,684$8,099$7,553$7,044$5,791
8 years$8,063$7,443$6,869$6,336$5,843$4,653
9 years$7,094$6,481$5,916$5,397$4,921$3,791
10 years$6,320$5,712$5,158$4,652$4,193$3,123
11 years$5,687$5,086$4,541$4,049$3,606$2,594
12 years$5,160$4,564$4,030$3,551$3,125$2,169
13 years$4,714$4,125$3,600$3,135$2,725$1,824
14 years$4,332$3,749$3,235$2,783$2,389$1,541
15 years$4,002$3,425$2,921$2,482$2,103$1,306
16 years$3,713$3,143$2,648$2,223$1,859$1,111
17 years$3,458$2,894$2,410$1,997$1,648$947
18 years$3,232$2,674$2,200$1,800$1,465$809
19 years$3,030$2,479$2,014$1,626$1,306$692
20 years$2,848$2,303$1,848$1,473$1,167$593
21 years$2,684$2,145$1,700$1,337$1,044$509
22 years$2,535$2,003$1,567$1,215$936$438
23 years$2,399$1,873$1,447$1,107$840$376
24 years$2,275$1,755$1,338$1,009$755$324
25 years$2,160$1,647$1,239$922$679$279
26 years$2,055$1,548$1,149$843$612$241
27 years$1,958$1,457$1,067$772$552$207
28 years$1,868$1,373$992$707$498$179
29 years$1,784$1,295$923$648$450$154
30 years$1,706$1,223$860$595$406$133
31 years$1,633$1,156$802$546$367$115
32 years$1,565$1,094$748$502$332$99
33 years$1,501$1,036$698$462$301$86
34 years$1,441$982$653$425$272$74
35 years$1,384$931$610$391$247$64
36 years$1,331$884$571$360$223$55
37 years$1,281$839$534$332$202$48
38 years$1,233$798$500$306$184$41
39 years$1,188$759$469$282$166$36
40 years$1,146$722$439$260$151$31
41 years$1,105$687$412$240$137$27
42 years$1,067$654$386$222$124$23
43 years$1,030$623$363$204$113$20
44 years$996$594$340$189$102$17
45 years$963$567$320$174$93$15
46 years$931$541$300$161$84$13
47 years$901$516$282$149$77$11
48 years$872$492$265$138$70$10
49 years$845$470$249$127$63$8
50 years$818$449$234$117$57$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $838,000, adding $5,983 every year, while hoping to spend $58,274 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: 59/33/8 Blend
34$838,000$838,000$838,000$838,000
35$929,647$885,233$872,244$982,509
36$962,468$866,607$839,462$1,000,078
37$996,684$845,114$803,627$1,012,076
38$1,032,375$820,554$764,578$1,023,710
39$1,069,628$792,712$722,143$1,034,949
40$1,108,538$761,363$676,142$1,045,761
41$1,149,205$726,266$626,389$1,056,114
42$1,191,740$687,169$572,689$1,065,975
43$1,236,261$643,804$514,837$1,075,313
44$1,282,896$595,887$452,621$1,084,094
45$1,331,785$543,119$385,817$1,092,289
46$1,383,079$485,183$314,194$1,099,865
47$1,436,941$421,745$237,508$1,106,795
48$1,493,550$352,452$155,505$1,113,051
49$1,553,100$276,929$67,922$1,118,608
50$1,615,800$194,783$0$1,123,444
51$1,681,881$105,597$0$1,129,720
52$1,751,592$8,931$0$1,141,570
53$1,825,206$0$0$1,153,208
54$1,903,020$0$0$1,199,400
55$1,985,357$0$0$1,251,740
56$2,072,572$0$0$1,307,213
57$2,165,051$0$0$1,366,071
58$2,263,216$0$0$1,428,586
59$2,367,531$0$0$1,495,057
60$2,478,500$0$0$1,565,813
61$2,596,676$0$0$1,641,210
62$2,722,665$0$0$1,721,642
63$2,857,131$0$0$1,807,539
64$3,000,800$0$0$1,899,371
65$3,154,469$0$0$1,997,656
66$3,319,011$0$0$2,102,958
67$3,495,385$0$0$2,215,900
68$3,684,640$0$0$2,337,163
69$3,887,930$0$0$2,467,495
70$4,106,520$0$0$2,607,717
71$4,341,801$0$0$2,758,730
72$4,595,297$0$0$2,921,525
73$4,868,684$0$0$3,097,190
74$5,163,804$0$0$3,286,919
75$5,482,680$0$0$3,492,025
76$5,827,534$0$0$3,713,952
77$6,200,811$0$0$3,954,287
78$6,605,195$0$0$4,214,773
79$7,043,642$0$0$4,497,329
80$7,519,400$0$0$4,804,064
81$8,036,039$0$0$5,137,298
82$8,597,491$0$0$5,499,584
83$9,208,076$0$0$5,893,729
84$9,872,550$0$0$6,322,822
85$10,596,147$0$0$6,790,262
86$11,384,622$0$0$7,299,791
87$12,244,315$0$0$7,855,524
88$13,182,197$0$0$8,461,993
89$14,205,945$0$0$9,124,187
90$15,324,010$0$0$9,847,594
91$16,545,692$0$0$10,638,261
92$17,881,233$0$0$11,502,841
93$19,341,907$0$0$12,448,662
94$20,940,129$0$0$13,483,792
95$22,689,568$0$0$14,617,114
96$24,605,276$0$0$15,858,411
97$26,703,830$0$0$17,218,456
98$29,003,484$0$0$18,709,114
99$31,524,343$0$0$20,343,452
100$34,288,548$0$0$22,135,862