Can I retire at age 35 with 848,000?

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 $848,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.5%
1 years$70,027$69,403$68,795$68,201$67,621$65,041
2 years$34,667$34,021$33,395$32,789$32,200$29,631
3 years$22,882$22,233$21,609$21,008$20,429$17,952
4 years$16,990$16,344$15,726$15,135$14,570$12,204
5 years$13,456$12,814$12,204$11,625$11,076$8,827
6 years$11,101$10,463$9,863$9,297$8,764$6,633
7 years$9,419$8,787$8,196$7,643$7,128$5,114
8 years$8,159$7,532$6,951$6,412$5,913$4,015
9 years$7,179$6,558$5,987$5,461$4,980$3,195
10 years$6,395$5,781$5,219$4,708$4,243$2,568
11 years$5,755$5,146$4,595$4,097$3,649$2,080
12 years$5,221$4,619$4,078$3,594$3,162$1,695
13 years$4,770$4,174$3,643$3,173$2,757$1,389
14 years$4,384$3,794$3,274$2,816$2,417$1,142
15 years$4,049$3,466$2,956$2,512$2,128$941
16 years$3,757$3,180$2,680$2,249$1,881$778
17 years$3,499$2,929$2,438$2,021$1,668$645
18 years$3,270$2,706$2,226$1,821$1,483$535
19 years$3,066$2,508$2,038$1,646$1,322$445
20 years$2,882$2,331$1,870$1,490$1,181$370
21 years$2,716$2,171$1,720$1,353$1,057$308
22 years$2,565$2,026$1,585$1,230$947$257
23 years$2,428$1,895$1,464$1,120$850$214
24 years$2,302$1,776$1,354$1,022$764$179
25 years$2,186$1,667$1,254$933$688$149
26 years$2,080$1,566$1,163$853$619$125
27 years$1,981$1,474$1,080$781$558$104
28 years$1,890$1,389$1,004$715$504$87
29 years$1,805$1,310$934$656$455$73
30 years$1,726$1,237$870$602$411$61
31 years$1,652$1,170$811$553$372$51
32 years$1,583$1,107$757$508$336$43
33 years$1,519$1,048$707$467$304$36
34 years$1,458$993$660$430$275$30
35 years$1,401$942$617$396$250$25
36 years$1,347$894$578$365$226$21
37 years$1,296$849$541$336$205$17
38 years$1,248$807$506$310$186$15
39 years$1,202$768$474$285$168$12
40 years$1,159$730$445$263$153$10
41 years$1,118$695$417$243$139$9
42 years$1,080$662$391$224$126$7
43 years$1,043$631$367$207$114$6
44 years$1,008$601$344$191$104$5
45 years$974$573$323$176$94$4
46 years$942$547$304$163$85$4
47 years$912$522$285$151$78$3
48 years$882$498$268$139$70$2
49 years$855$476$252$129$64$2
50 years$828$455$237$119$58$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $848,000, adding $5,013 every year, while hoping to spend $40,281 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: 68/22/10 Blend
34$848,000$848,000$848,000$848,000
35$939,667$894,723$881,579$1,001,312
36$992,654$895,706$868,253$1,043,879
37$1,049,696$895,387$853,131$1,085,100
38$1,111,164$893,659$836,109$1,129,120
39$1,177,465$890,411$817,081$1,176,207
40$1,249,047$885,521$795,934$1,226,657
41$1,326,402$878,864$772,550$1,280,798
42$1,410,071$870,304$746,806$1,338,992
43$1,500,647$859,699$718,574$1,401,637
44$1,598,786$846,896$687,718$1,469,174
45$1,705,204$831,736$654,099$1,542,091
46$1,820,692$814,048$617,568$1,620,925
47$1,946,119$793,653$577,973$1,706,269
48$2,082,440$770,359$535,153$1,798,780
49$2,230,707$743,965$488,939$1,899,182
50$2,392,078$714,258$439,156$2,008,274
51$2,567,824$681,010$385,622$2,126,940
52$2,759,346$643,984$328,145$2,256,153
53$2,968,186$602,926$266,524$2,396,991
54$3,196,040$557,569$200,552$2,550,641
55$3,444,776$507,630$130,011$2,718,416
56$3,716,450$452,810$54,673$2,901,763
57$4,013,324$392,794$0$3,102,281
58$4,337,890$327,247$0$3,324,479
59$4,692,890$255,818$0$3,573,965
60$5,081,346$178,134$0$3,847,075
61$5,506,581$93,801$0$4,146,211
62$5,972,260$2,404$0$4,474,021
63$6,482,414$0$0$4,833,426
64$7,041,484$0$0$5,251,007
65$7,654,363$0$0$5,709,468
66$8,326,436$0$0$6,212,261
67$9,063,638$0$0$6,763,833
68$9,872,504$0$0$7,369,079
69$10,760,231$0$0$8,033,394
70$11,734,750$0$0$8,762,717
71$12,804,794$0$0$9,563,595
72$13,979,986$0$0$10,443,234
73$15,270,924$0$0$11,409,578
74$16,689,284$0$0$12,471,375
75$18,247,930$0$0$13,638,262
76$19,961,033$0$0$14,920,858
77$21,844,204$0$0$16,330,862
78$23,914,644$0$0$17,881,159
79$26,191,302$0$0$19,585,951
80$28,695,056$0$0$21,460,880
81$31,448,909$0$0$23,523,183
82$34,478,204$0$0$25,791,849
83$37,810,864$0$0$28,287,802
84$41,477,656$0$0$31,034,096
85$45,512,478$0$0$34,056,131
86$49,952,682$0$0$37,381,895
87$54,839,421$0$0$41,042,227
88$60,218,042$0$0$45,071,104
89$66,138,509$0$0$49,505,968
90$72,655,879$0$0$54,388,073
91$79,830,814$0$0$59,762,877
92$87,730,160$0$0$65,680,468
93$96,427,572$0$0$72,196,039
94$106,004,211$0$0$79,370,407
95$116,549,511$0$0$87,270,588
96$128,162,016$0$0$95,970,425
97$140,950,316$0$0$105,551,291
98$155,034,071$0$0$116,102,849
99$170,545,133$0$0$127,723,904
100$187,628,798$0$0$140,523,332