Can I retire at age 35 with 847,000?

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 $847,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.1%
1 years$69,944$69,321$68,714$68,120$67,541$65,589
2 years$34,626$33,981$33,356$32,750$32,162$30,212
3 years$22,855$22,207$21,584$20,983$20,405$18,516
4 years$16,970$16,325$15,707$15,117$14,553$12,741
5 years$13,440$12,799$12,190$11,612$11,063$9,332
6 years$11,088$10,451$9,851$9,286$8,754$7,106
7 years$9,408$8,777$8,186$7,634$7,119$5,554
8 years$8,149$7,523$6,943$6,404$5,906$4,423
9 years$7,170$6,550$5,980$5,455$4,974$3,572
10 years$6,388$5,774$5,213$4,702$4,238$2,915
11 years$5,748$5,140$4,590$4,092$3,645$2,398
12 years$5,215$4,613$4,073$3,590$3,158$1,986
13 years$4,765$4,169$3,639$3,169$2,754$1,653
14 years$4,379$3,790$3,270$2,813$2,414$1,382
15 years$4,045$3,462$2,952$2,509$2,126$1,159
16 years$3,753$3,176$2,677$2,246$1,879$975
17 years$3,495$2,925$2,436$2,018$1,666$822
18 years$3,267$2,703$2,223$1,819$1,481$695
19 years$3,062$2,505$2,035$1,644$1,320$588
20 years$2,879$2,328$1,868$1,489$1,179$498
21 years$2,713$2,168$1,718$1,351$1,055$423
22 years$2,562$2,024$1,584$1,228$946$359
23 years$2,425$1,893$1,462$1,119$849$305
24 years$2,299$1,774$1,352$1,020$763$260
25 years$2,184$1,665$1,252$932$687$221
26 years$2,077$1,564$1,162$852$619$188
27 years$1,979$1,472$1,079$780$558$160
28 years$1,888$1,387$1,003$715$503$137
29 years$1,803$1,309$933$655$454$116
30 years$1,724$1,236$869$601$411$99
31 years$1,650$1,168$810$552$371$85
32 years$1,581$1,106$756$508$336$72
33 years$1,517$1,047$706$467$304$62
34 years$1,456$992$660$429$275$53
35 years$1,399$941$617$395$249$45
36 years$1,345$893$577$364$226$38
37 years$1,294$848$540$335$205$33
38 years$1,246$806$506$309$186$28
39 years$1,201$767$474$285$168$24
40 years$1,158$730$444$263$153$20
41 years$1,117$694$416$243$138$17
42 years$1,078$661$391$224$126$15
43 years$1,041$630$366$207$114$13
44 years$1,006$601$344$191$103$11
45 years$973$573$323$176$94$9
46 years$941$546$303$163$85$8
47 years$911$521$285$150$77$7
48 years$881$498$268$139$70$6
49 years$854$475$252$128$64$5
50 years$827$454$237$119$58$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $847,000, adding $5,253 every year, while hoping to spend $35,050 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: 52/40/8 Blend
34$847,000$847,000$847,000$847,000
35$938,812$893,921$880,793$985,482
36$997,278$900,431$873,007$1,024,290
37$1,060,533$906,084$863,785$1,062,236
38$1,129,028$910,803$853,042$1,102,669
39$1,203,260$914,503$840,690$1,145,832
40$1,283,774$917,095$826,634$1,191,993
41$1,371,170$918,484$810,778$1,241,447
42$1,466,109$918,570$793,019$1,294,521
43$1,569,317$917,244$773,250$1,351,580
44$1,681,593$914,395$751,359$1,413,022
45$1,803,815$909,900$727,229$1,479,293
46$1,936,951$903,632$700,738$1,550,881
47$2,082,065$895,454$671,758$1,628,331
48$2,240,328$885,224$640,154$1,712,241
49$2,413,029$872,788$605,787$1,803,275
50$2,601,588$857,985$568,511$1,902,165
51$2,807,567$840,643$528,173$2,009,724
52$3,032,685$820,580$484,613$2,126,847
53$3,278,835$797,605$437,664$2,254,524
54$3,548,103$771,514$387,152$2,393,851
55$3,842,783$742,092$332,895$2,546,037
56$4,165,402$709,110$274,702$2,712,420
57$4,518,744$672,327$212,376$2,894,477
58$4,905,874$631,490$145,709$3,093,840
59$5,330,168$586,327$74,484$3,312,313
60$5,795,341$536,553$0$3,551,887
61$6,305,490$481,868$0$3,814,894
62$6,865,123$421,953$0$4,110,427
63$7,479,208$356,471$0$4,434,826
64$8,153,215$285,066$0$4,791,078
65$8,893,171$207,362$0$5,182,477
66$9,705,715$122,964$0$5,612,663
67$10,598,161$31,451$0$6,085,649
68$11,578,563$0$0$6,605,867
69$12,655,797$0$0$7,207,968
70$13,839,640$0$0$7,884,962
71$15,140,863$0$0$8,629,175
72$16,571,332$0$0$9,447,406
73$18,144,121$0$0$10,347,145
74$19,873,634$0$0$11,336,645
75$21,775,740$0$0$12,424,998
76$23,867,923$0$0$13,622,221
77$26,169,447$0$0$14,939,353
78$28,701,537$0$0$16,388,553
79$31,487,578$0$0$17,983,221
80$34,553,338$0$0$19,738,120
81$37,927,208$0$0$21,669,519
82$41,640,469$0$0$23,795,341
83$45,727,590$0$0$26,135,336
84$50,226,551$0$0$28,711,266
85$55,179,201$0$0$31,547,110
86$60,631,651$0$0$34,669,290
87$66,634,713$0$0$38,106,920
88$73,244,374$0$0$41,892,081
89$80,522,327$0$0$46,060,123
90$88,536,554$0$0$50,650,000
91$97,361,961$0$0$55,704,634
92$107,081,091$0$0$61,271,323
93$117,784,902$0$0$67,402,187
94$129,573,621$0$0$74,154,656
95$142,557,690$0$0$81,592,016
96$156,858,812$0$0$89,784,005
97$172,611,096$0$0$98,807,469
98$189,962,323$0$0$108,747,090
99$209,075,339$0$0$119,696,182
100$230,129,594$0$0$131,757,573