Can I retire at age 35 with 841,000?

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 $841,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.9%
1 years$69,449$68,830$68,227$67,638$67,063$65,708
2 years$34,381$33,740$33,120$32,518$31,935$30,576
3 years$22,693$22,050$21,431$20,835$20,261$18,941
4 years$16,850$16,209$15,596$15,010$14,450$13,178
5 years$13,345$12,708$12,103$11,529$10,985$9,765
6 years$11,009$10,377$9,781$9,220$8,692$7,525
7 years$9,342$8,715$8,128$7,580$7,069$5,956
8 years$8,091$7,470$6,893$6,359$5,864$4,804
9 years$7,120$6,504$5,937$5,416$4,939$3,931
10 years$6,343$5,733$5,176$4,669$4,208$3,252
11 years$5,707$5,104$4,557$4,063$3,619$2,714
12 years$5,178$4,581$4,044$3,564$3,136$2,280
13 years$4,731$4,140$3,613$3,147$2,735$1,926
14 years$4,348$3,763$3,247$2,793$2,397$1,634
15 years$4,016$3,437$2,931$2,491$2,111$1,392
16 years$3,726$3,154$2,658$2,230$1,865$1,190
17 years$3,470$2,905$2,418$2,004$1,654$1,020
18 years$3,243$2,684$2,208$1,806$1,471$875
19 years$3,041$2,487$2,021$1,632$1,311$753
20 years$2,858$2,311$1,855$1,478$1,171$649
21 years$2,694$2,153$1,706$1,341$1,048$560
22 years$2,544$2,010$1,572$1,220$939$484
23 years$2,408$1,880$1,452$1,111$843$418
24 years$2,283$1,761$1,343$1,013$758$362
25 years$2,168$1,653$1,244$925$682$314
26 years$2,063$1,553$1,153$846$614$272
27 years$1,965$1,462$1,071$774$554$236
28 years$1,874$1,378$996$709$500$205
29 years$1,790$1,300$926$651$451$178
30 years$1,712$1,227$863$597$408$154
31 years$1,639$1,160$805$548$369$134
32 years$1,570$1,098$751$504$333$116
33 years$1,506$1,040$701$463$302$101
34 years$1,446$985$655$426$273$88
35 years$1,389$935$612$393$247$76
36 years$1,336$887$573$362$224$66
37 years$1,285$842$536$333$203$58
38 years$1,238$801$502$307$184$50
39 years$1,193$761$470$283$167$44
40 years$1,150$724$441$261$152$38
41 years$1,109$689$413$241$137$33
42 years$1,071$657$388$222$125$29
43 years$1,034$626$364$205$113$25
44 years$999$596$342$189$103$22
45 years$966$569$321$175$93$19
46 years$934$543$301$162$85$16
47 years$904$518$283$149$77$14
48 years$875$494$266$138$70$12
49 years$848$472$250$128$63$11
50 years$821$451$235$118$58$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $841,000, adding $4,894 every year, while hoping to spend $39,237 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: 46/40/14 Blend
34$841,000$841,000$841,000$841,000
35$931,830$887,257$874,222$970,788
36$985,129$888,985$861,760$1,000,061
37$1,042,549$889,482$847,566$1,027,417
38$1,104,470$888,647$831,540$1,056,233
39$1,171,307$886,373$813,578$1,086,660
40$1,243,519$882,543$793,571$1,118,867
41$1,321,607$877,037$771,405$1,153,040
42$1,406,124$869,725$746,961$1,189,388
43$1,497,679$860,472$720,114$1,228,144
44$1,596,938$849,130$690,734$1,269,567
45$1,704,636$835,548$658,683$1,313,945
46$1,821,581$819,562$623,821$1,361,598
47$1,948,660$800,999$585,998$1,412,884
48$2,086,853$779,677$545,058$1,468,198
49$2,237,233$755,402$500,838$1,527,980
50$2,400,983$727,970$453,169$1,592,721
51$2,579,406$697,163$401,873$1,662,963
52$2,773,935$662,753$346,765$1,739,311
53$2,986,145$624,497$287,650$1,822,432
54$3,217,772$582,138$224,327$1,913,071
55$3,470,728$535,405$156,585$2,012,053
56$3,747,114$484,012$84,202$2,120,289
57$4,049,246$427,655$6,950$2,238,795
58$4,379,673$366,014$0$2,368,694
59$4,741,203$298,752$0$2,522,506
60$5,136,924$225,509$0$2,692,176
61$5,570,241$145,910$0$2,878,229
62$6,044,901$59,555$0$3,082,399
63$6,565,030$0$0$3,306,601
64$7,135,175$0$0$3,567,907
65$7,760,340$0$0$3,883,271
66$8,446,040$0$0$4,229,272
67$9,198,347$0$0$4,608,987
68$10,023,949$0$0$5,025,805
69$10,930,215$0$0$5,483,460
70$11,925,261$0$0$5,986,065
71$13,018,027$0$0$6,538,148
72$14,218,361$0$0$7,144,701
73$15,537,112$0$0$7,811,222
74$16,986,233$0$0$8,543,768
75$18,578,892$0$0$9,349,011
76$20,329,593$0$0$10,234,303
77$22,254,319$0$0$11,207,743
78$24,370,677$0$0$12,278,255
79$26,698,065$0$0$13,455,669
80$29,257,857$0$0$14,750,819
81$32,073,601$0$0$16,175,637
82$35,171,240$0$0$17,743,274
83$38,579,362$0$0$19,468,219
84$42,329,463$0$0$21,366,435
85$46,456,247$0$0$23,455,511
86$50,997,953$0$0$25,754,828
87$55,996,711$0$0$28,285,742
88$61,498,948$0$0$31,071,782
89$67,555,816$0$0$34,138,877
90$74,223,680$0$0$37,515,595
91$81,564,647$0$0$41,233,417
92$89,647,152$0$0$45,327,030
93$98,546,604$0$0$49,834,658
94$108,346,097$0$0$54,798,419
95$119,137,191$0$0$60,264,722
96$131,020,781$0$0$66,284,710
97$144,108,043$0$0$72,914,736
98$158,521,484$0$0$80,216,897
99$174,396,100$0$0$88,259,622
100$191,880,649$0$0$97,118,314