Can I retire at age 35 with 842,000?

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 $842,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.6%
1 years$69,532$68,912$68,308$67,718$67,142$64,812
2 years$34,422$33,781$33,159$32,557$31,973$29,648
3 years$22,720$22,076$21,456$20,859$20,285$18,040
4 years$16,870$16,228$15,615$15,028$14,467$12,320
5 years$13,361$12,723$12,118$11,543$10,998$8,953
6 years$11,023$10,389$9,793$9,231$8,702$6,761
7 years$9,353$8,725$8,138$7,589$7,077$5,240
8 years$8,101$7,479$6,902$6,367$5,871$4,136
9 years$7,128$6,512$5,944$5,423$4,944$3,309
10 years$6,350$5,740$5,182$4,675$4,213$2,675
11 years$5,714$5,110$4,562$4,068$3,623$2,180
12 years$5,184$4,586$4,049$3,568$3,140$1,787
13 years$4,736$4,145$3,618$3,150$2,738$1,473
14 years$4,353$3,767$3,250$2,797$2,400$1,218
15 years$4,021$3,442$2,935$2,494$2,113$1,011
16 years$3,730$3,158$2,661$2,233$1,868$842
17 years$3,474$2,908$2,421$2,006$1,656$702
18 years$3,247$2,687$2,210$1,808$1,472$587
19 years$3,044$2,490$2,023$1,634$1,312$491
20 years$2,862$2,314$1,857$1,480$1,172$411
21 years$2,697$2,156$1,708$1,343$1,049$345
22 years$2,547$2,012$1,574$1,221$940$289
23 years$2,411$1,882$1,453$1,112$844$243
24 years$2,286$1,763$1,344$1,014$759$204
25 years$2,171$1,655$1,245$926$683$172
26 years$2,065$1,555$1,155$847$615$145
27 years$1,967$1,464$1,072$775$554$122
28 years$1,877$1,379$997$710$500$102
29 years$1,792$1,301$928$651$452$86
30 years$1,714$1,229$864$598$408$73
31 years$1,641$1,162$806$549$369$61
32 years$1,572$1,099$752$505$334$52
33 years$1,508$1,041$702$464$302$43
34 years$1,448$986$656$427$274$37
35 years$1,391$936$613$393$248$31
36 years$1,337$888$573$362$224$26
37 years$1,287$843$537$333$203$22
38 years$1,239$802$503$307$184$18
39 years$1,194$762$471$283$167$16
40 years$1,151$725$441$261$152$13
41 years$1,111$690$414$241$138$11
42 years$1,072$657$388$223$125$9
43 years$1,035$626$364$205$113$8
44 years$1,000$597$342$190$103$7
45 years$967$569$321$175$93$6
46 years$935$543$302$162$85$5
47 years$905$518$283$150$77$4
48 years$876$495$266$138$70$3
49 years$849$473$250$128$64$3
50 years$822$451$235$118$58$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $842,000, adding $5,532 every year, while hoping to spend $52,460 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: 32/38/30 Blend
34$842,000$842,000$842,000$842,000
35$933,590$888,964$875,913$954,807
36$972,999$876,706$849,439$959,382
37$1,014,670$862,090$820,320$959,330
38$1,058,778$844,943$788,412$958,267
39$1,105,513$825,086$753,564$956,142
40$1,155,086$802,326$715,619$952,905
41$1,207,725$776,460$674,413$948,503
42$1,263,680$747,274$629,773$942,885
43$1,323,225$714,539$581,519$936,004
44$1,386,659$678,016$529,465$927,809
45$1,454,309$637,450$473,413$918,254
46$1,526,535$592,572$413,160$907,295
47$1,603,731$543,098$348,490$894,892
48$1,686,328$488,726$279,181$881,008
49$1,774,799$429,139$204,998$865,610
50$1,869,663$364,001$125,700$848,672
51$1,971,488$292,956$41,031$830,175
52$2,080,900$215,631$0$810,107
53$2,198,584$131,629$0$804,256
54$2,325,293$40,532$0$811,884
55$2,461,853$0$0$819,960
56$2,609,173$0$0$852,910
57$2,768,250$0$0$906,890
58$2,940,181$0$0$965,337
59$3,126,170$0$0$1,028,672
60$3,327,542$0$0$1,097,361
61$3,545,753$0$0$1,171,915
62$3,782,403$0$0$1,252,896
63$4,039,254$0$0$1,340,923
64$4,318,242$0$0$1,436,675
65$4,621,496$0$0$1,540,902
66$4,951,360$0$0$1,654,428
67$5,310,412$0$0$1,778,158
68$5,701,489$0$0$1,913,090
69$6,127,712$0$0$2,060,323
70$6,592,517$0$0$2,221,064
71$7,099,686$0$0$2,396,645
72$7,653,379$0$0$2,588,529
73$8,258,180$0$0$2,798,330
74$8,919,131$0$0$3,027,822
75$9,641,785$0$0$3,278,960
76$10,432,256$0$0$3,553,897
77$11,297,277$0$0$3,855,002
78$12,244,258$0$0$4,184,886
79$13,281,364$0$0$4,546,424
80$14,417,583$0$0$4,942,781
81$15,662,813$0$0$5,377,444
82$17,027,959$0$0$5,854,253
83$18,525,026$0$0$6,377,438
84$20,167,241$0$0$6,951,660
85$21,969,171$0$0$7,582,049
86$23,946,862$0$0$8,274,259
87$26,117,987$0$0$9,034,518
88$28,502,016$0$0$9,869,686
89$31,120,395$0$0$10,787,322
90$33,996,752$0$0$11,795,751
91$37,157,112$0$0$12,904,145
92$40,630,149$0$0$14,122,610
93$44,447,450$0$0$15,462,279
94$48,643,817$0$0$16,935,418
95$53,257,588$0$0$18,555,541
96$58,331,006$0$0$20,337,537
97$63,910,608$0$0$22,297,810
98$70,047,670$0$0$24,454,435
99$76,798,684$0$0$26,827,327
100$84,225,896$0$0$29,438,427