Can I retire at age 35 with 840,000?

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 $840,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.6%
1 years$69,366$68,749$68,146$67,557$66,983$65,982
2 years$34,340$33,700$33,080$32,479$31,897$30,890
3 years$22,666$22,023$21,405$20,810$20,236$19,256
4 years$16,830$16,190$15,578$14,992$14,433$13,486
5 years$13,329$12,693$12,089$11,516$10,972$10,061
6 years$10,996$10,365$9,770$9,209$8,681$7,809
7 years$9,331$8,704$8,119$7,571$7,060$6,225
8 years$8,082$7,461$6,885$6,351$5,857$5,060
9 years$7,111$6,496$5,930$5,410$4,933$4,172
10 years$6,335$5,726$5,170$4,663$4,203$3,479
11 years$5,700$5,098$4,552$4,059$3,615$2,927
12 years$5,172$4,575$4,039$3,560$3,132$2,480
13 years$4,725$4,135$3,609$3,143$2,731$2,113
14 years$4,342$3,758$3,243$2,790$2,394$1,809
15 years$4,011$3,433$2,928$2,488$2,108$1,555
16 years$3,722$3,150$2,654$2,228$1,863$1,341
17 years$3,466$2,901$2,415$2,002$1,652$1,160
18 years$3,240$2,681$2,205$1,804$1,469$1,005
19 years$3,037$2,484$2,019$1,630$1,309$873
20 years$2,855$2,309$1,853$1,476$1,169$760
21 years$2,690$2,150$1,704$1,340$1,047$662
22 years$2,541$2,007$1,570$1,218$938$578
23 years$2,405$1,877$1,450$1,109$842$505
24 years$2,280$1,759$1,341$1,012$757$441
25 years$2,166$1,651$1,242$924$681$386
26 years$2,060$1,551$1,152$845$613$338
27 years$1,963$1,460$1,070$773$553$296
28 years$1,872$1,376$994$709$499$260
29 years$1,788$1,298$925$650$451$228
30 years$1,710$1,226$862$596$407$200
31 years$1,637$1,159$804$548$368$176
32 years$1,568$1,096$750$503$333$154
33 years$1,504$1,038$700$463$301$136
34 years$1,444$984$654$426$273$119
35 years$1,387$933$612$392$247$105
36 years$1,334$886$572$361$224$92
37 years$1,284$841$535$333$203$81
38 years$1,236$800$501$307$184$71
39 years$1,191$760$470$283$167$63
40 years$1,148$723$440$261$151$55
41 years$1,108$689$413$241$137$48
42 years$1,069$656$387$222$125$43
43 years$1,033$625$363$205$113$37
44 years$998$596$341$189$103$33
45 years$965$568$320$175$93$29
46 years$933$542$301$161$85$26
47 years$903$517$283$149$77$22
48 years$874$494$266$138$70$20
49 years$847$471$250$127$63$17
50 years$820$450$235$118$58$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $840,000, adding $6,305 every year, while hoping to spend $42,914 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: 48/30/22 Blend
34$840,000$840,000$840,000$840,000
35$932,184$887,664$874,644$970,841
36$981,606$885,499$858,284$996,288
37$1,034,632$881,790$839,938$1,019,100
38$1,091,582$876,416$819,494$1,042,990
39$1,152,811$869,248$796,835$1,068,079
40$1,218,707$860,150$771,838$1,094,501
41$1,289,696$848,978$744,375$1,122,406
42$1,366,246$835,579$714,313$1,151,966
43$1,448,872$819,791$681,511$1,183,368
44$1,538,138$801,443$645,823$1,216,825
45$1,634,667$780,352$607,097$1,252,573
46$1,739,140$756,326$565,172$1,290,877
47$1,852,308$729,162$519,881$1,332,031
48$1,974,996$698,644$471,049$1,376,365
49$2,108,111$664,543$418,495$1,424,245
50$2,252,652$626,619$362,028$1,476,081
51$2,409,716$584,616$301,449$1,532,327
52$2,580,509$538,265$236,551$1,593,490
53$2,766,362$487,281$167,116$1,660,134
54$2,968,734$431,361$92,917$1,732,885
55$3,189,235$370,188$13,720$1,812,442
56$3,429,634$303,424$0$1,899,577
57$3,691,880$230,714$0$2,011,771
58$3,978,115$151,683$0$2,137,876
59$4,290,702$65,934$0$2,275,791
60$4,632,236$0$0$2,426,759
61$5,005,580$0$0$2,601,051
62$5,413,882$0$0$2,815,555
63$5,860,609$0$0$3,050,338
64$6,349,579$0$0$3,307,419
65$6,884,997$0$0$3,589,019
66$7,471,492$0$0$3,897,586
67$8,114,162$0$0$4,235,815
68$8,818,623$0$0$4,606,674
69$9,591,058$0$0$5,013,434
70$10,438,280$0$0$5,459,695
71$11,367,790$0$0$5,949,424
72$12,387,850$0$0$6,486,989
73$13,507,565$0$0$7,077,204
74$14,736,959$0$0$7,725,370
75$16,087,077$0$0$8,437,327
76$17,570,086$0$0$9,219,509
77$19,199,390$0$0$10,079,002
78$20,989,752$0$0$11,023,616
79$22,957,440$0$0$12,061,952
80$25,120,375$0$0$13,203,487
81$27,498,299$0$0$14,458,662
82$30,112,964$0$0$15,838,980
83$32,988,335$0$0$17,357,115
84$36,150,815$0$0$19,027,030
85$39,629,495$0$0$20,864,110
86$43,456,426$0$0$22,885,307
87$47,666,922$0$0$25,109,296
88$52,299,894$0$0$27,556,659
89$57,398,215$0$0$30,250,067
90$63,009,121$0$0$33,214,507
91$69,184,663$0$0$36,477,505
92$75,982,191$0$0$40,069,396
93$83,464,900$0$0$44,023,602
94$91,702,419$0$0$48,376,951
95$100,771,474$0$0$53,170,025
96$110,756,608$0$0$58,447,538
97$121,750,978$0$0$64,258,765
98$133,857,236$0$0$70,657,998
99$147,188,494$0$0$77,705,066
100$161,869,392$0$0$85,465,893