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%19.7%
1 years$70,027$69,403$68,795$68,201$67,621$64,989
2 years$34,667$34,021$33,395$32,789$32,200$29,581
3 years$22,882$22,233$21,609$21,008$20,429$17,904
4 years$16,990$16,344$15,726$15,135$14,570$12,159
5 years$13,456$12,814$12,204$11,625$11,076$8,785
6 years$11,101$10,463$9,863$9,297$8,764$6,594
7 years$9,419$8,787$8,196$7,643$7,128$5,079
8 years$8,159$7,532$6,951$6,412$5,913$3,983
9 years$7,179$6,558$5,987$5,461$4,980$3,165
10 years$6,395$5,781$5,219$4,708$4,243$2,541
11 years$5,755$5,146$4,595$4,097$3,649$2,056
12 years$5,221$4,619$4,078$3,594$3,162$1,673
13 years$4,770$4,174$3,643$3,173$2,757$1,368
14 years$4,384$3,794$3,274$2,816$2,417$1,123
15 years$4,049$3,466$2,956$2,512$2,128$925
16 years$3,757$3,180$2,680$2,249$1,881$764
17 years$3,499$2,929$2,438$2,021$1,668$632
18 years$3,270$2,706$2,226$1,821$1,483$524
19 years$3,066$2,508$2,038$1,646$1,322$435
20 years$2,882$2,331$1,870$1,490$1,181$361
21 years$2,716$2,171$1,720$1,353$1,057$300
22 years$2,565$2,026$1,585$1,230$947$250
23 years$2,428$1,895$1,464$1,120$850$208
24 years$2,302$1,776$1,354$1,022$764$173
25 years$2,186$1,667$1,254$933$688$144
26 years$2,080$1,566$1,163$853$619$120
27 years$1,981$1,474$1,080$781$558$100
28 years$1,890$1,389$1,004$715$504$84
29 years$1,805$1,310$934$656$455$70
30 years$1,726$1,237$870$602$411$58
31 years$1,652$1,170$811$553$372$49
32 years$1,583$1,107$757$508$336$41
33 years$1,519$1,048$707$467$304$34
34 years$1,458$993$660$430$275$28
35 years$1,401$942$617$396$250$24
36 years$1,347$894$578$365$226$20
37 years$1,296$849$541$336$205$17
38 years$1,248$807$506$310$186$14
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$8
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$3
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 $2,691 every year, while hoping to spend $51,844 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: 45/39/16 Blend
34$848,000$848,000$848,000$848,000
35$937,272$892,328$879,184$975,040
36$977,712$880,890$853,475$990,241
37$1,020,539$867,155$825,167$1,001,301
38$1,065,943$850,954$794,119$1,012,180
39$1,114,129$832,110$760,181$1,022,885
40$1,165,322$810,436$723,200$1,033,424
41$1,219,771$785,733$683,013$1,043,811
42$1,277,744$757,791$639,450$1,054,068
43$1,339,537$726,386$592,335$1,064,220
44$1,405,475$691,283$541,483$1,074,300
45$1,475,911$652,234$486,701$1,084,352
46$1,551,235$608,974$427,786$1,094,427
47$1,631,872$561,225$364,528$1,104,586
48$1,718,290$508,693$296,707$1,114,907
49$1,811,002$451,065$224,093$1,125,476
50$1,910,570$388,013$146,446$1,136,400
51$2,017,611$319,189$63,515$1,147,801
52$2,132,804$244,225$0$1,159,821
53$2,256,893$162,735$0$1,176,892
54$2,390,695$74,308$0$1,206,788
55$2,535,108$0$0$1,238,923
56$2,691,118$0$0$1,282,820
57$2,859,811$0$0$1,364,846
58$3,042,378$0$0$1,453,701
59$3,240,129$0$0$1,550,032
60$3,454,504$0$0$1,654,554
61$3,687,088$0$0$1,768,048
62$3,939,623$0$0$1,891,378
63$4,214,024$0$0$2,025,492
64$4,512,400$0$0$2,171,433
65$4,837,069$0$0$2,330,349
66$5,190,584$0$0$2,503,504
67$5,575,751$0$0$2,692,287
68$5,995,661$0$0$2,898,230
69$6,453,713$0$0$3,123,015
70$6,953,652$0$0$3,368,497
71$7,499,597$0$0$3,636,717
72$8,096,083$0$0$3,929,921
73$8,748,104$0$0$4,250,583
74$9,461,157$0$0$4,601,426
75$10,241,295$0$0$4,985,450
76$11,095,183$0$0$5,405,957
77$12,030,159$0$0$5,866,583
78$13,054,306$0$0$6,371,334
79$14,176,524$0$0$6,924,619
80$15,406,614$0$0$7,531,297
81$16,755,372$0$0$8,196,718
82$18,234,688$0$0$8,926,774
83$19,857,658$0$0$9,727,957
84$21,638,706$0$0$10,607,415
85$23,593,721$0$0$11,573,026
86$25,740,205$0$0$12,633,464
87$28,097,439$0$0$13,798,286
88$30,686,660$0$0$15,078,021
89$33,531,265$0$0$16,484,267
90$36,657,028$0$0$18,029,800
91$40,092,345$0$0$19,728,699
92$43,868,498$0$0$21,596,470
93$48,019,950$0$0$23,650,201
94$52,584,672$0$0$25,908,716
95$57,604,496$0$0$28,392,754
96$63,125,512$0$0$31,125,166
97$69,198,500$0$0$34,131,130
98$75,879,411$0$0$37,438,384
99$83,229,887$0$0$41,077,494
100$91,317,852$0$0$45,082,135