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%15%
1 years$70,027$69,403$68,795$68,201$67,621$66,228
2 years$34,667$34,021$33,395$32,789$32,200$30,804
3 years$22,882$22,233$21,609$21,008$20,429$19,072
4 years$16,990$16,344$15,726$15,135$14,570$13,263
5 years$13,456$12,814$12,204$11,625$11,076$9,823
6 years$11,101$10,463$9,863$9,297$8,764$7,566
7 years$9,419$8,787$8,196$7,643$7,128$5,984
8 years$8,159$7,532$6,951$6,412$5,913$4,825
9 years$7,179$6,558$5,987$5,461$4,980$3,945
10 years$6,395$5,781$5,219$4,708$4,243$3,262
11 years$5,755$5,146$4,595$4,097$3,649$2,720
12 years$5,221$4,619$4,078$3,594$3,162$2,284
13 years$4,770$4,174$3,643$3,173$2,757$1,928
14 years$4,384$3,794$3,274$2,816$2,417$1,635
15 years$4,049$3,466$2,956$2,512$2,128$1,392
16 years$3,757$3,180$2,680$2,249$1,881$1,189
17 years$3,499$2,929$2,438$2,021$1,668$1,018
18 years$3,270$2,706$2,226$1,821$1,483$873
19 years$3,066$2,508$2,038$1,646$1,322$751
20 years$2,882$2,331$1,870$1,490$1,181$646
21 years$2,716$2,171$1,720$1,353$1,057$557
22 years$2,565$2,026$1,585$1,230$947$481
23 years$2,428$1,895$1,464$1,120$850$416
24 years$2,302$1,776$1,354$1,022$764$360
25 years$2,186$1,667$1,254$933$688$311
26 years$2,080$1,566$1,163$853$619$270
27 years$1,981$1,474$1,080$781$558$234
28 years$1,890$1,389$1,004$715$504$202
29 years$1,805$1,310$934$656$455$176
30 years$1,726$1,237$870$602$411$152
31 years$1,652$1,170$811$553$372$132
32 years$1,583$1,107$757$508$336$115
33 years$1,519$1,048$707$467$304$100
34 years$1,458$993$660$430$275$87
35 years$1,401$942$617$396$250$75
36 years$1,347$894$578$365$226$65
37 years$1,296$849$541$336$205$57
38 years$1,248$807$506$310$186$49
39 years$1,202$768$474$285$168$43
40 years$1,159$730$445$263$153$37
41 years$1,118$695$417$243$139$32
42 years$1,080$662$391$224$126$28
43 years$1,043$631$367$207$114$24
44 years$1,008$601$344$191$104$21
45 years$974$573$323$176$94$18
46 years$942$547$304$163$85$16
47 years$912$522$285$151$78$14
48 years$882$498$268$139$70$12
49 years$855$476$252$129$64$11
50 years$828$455$237$119$58$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $848,000, adding $3,896 every year, while hoping to spend $36,796 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: 68/13/19 Blend
34$848,000$848,000$848,000$848,000
35$938,515$893,571$880,427$997,697
36$995,093$898,205$870,770$1,042,374
37$1,056,208$901,833$859,557$1,086,565
38$1,122,285$904,367$846,696$1,134,006
39$1,193,790$905,713$832,093$1,185,012
40$1,271,235$905,771$815,646$1,239,936
41$1,355,183$904,436$797,252$1,299,164
42$1,446,254$901,596$776,802$1,363,124
43$1,545,129$897,130$754,182$1,432,288
44$1,652,556$890,914$729,271$1,507,176
45$1,769,361$882,813$701,946$1,588,364
46$1,896,449$872,684$672,075$1,676,486
47$2,034,819$860,377$639,521$1,772,242
48$2,185,568$845,733$604,142$1,876,405
49$2,349,903$828,582$565,789$1,989,828
50$2,529,156$808,745$524,305$2,113,453
51$2,724,788$786,032$479,527$2,248,319
52$2,938,411$760,242$431,286$2,395,571
53$3,171,798$731,163$379,404$2,556,474
54$3,426,901$698,569$323,693$2,732,426
55$3,705,870$662,224$263,961$2,924,964
56$4,011,069$621,874$200,005$3,135,790
57$4,345,107$577,254$131,614$3,366,778
58$4,710,850$528,082$58,565$3,619,996
59$5,111,460$474,061$0$3,897,727
60$5,550,415$414,876$0$4,206,418
61$6,031,547$350,195$0$4,557,842
62$6,559,077$279,667$0$4,943,228
63$7,137,653$202,920$0$5,366,008
64$7,772,395$119,564$0$5,829,965
65$8,468,941$29,185$0$6,339,268
66$9,233,503$0$0$6,898,512
67$10,072,924$0$0$7,522,582
68$10,994,740$0$0$8,212,545
69$12,007,255$0$0$8,970,449
70$13,119,614$0$0$9,803,146
71$14,341,893$0$0$10,718,187
72$15,685,194$0$0$11,723,887
73$17,161,744$0$0$12,829,411
74$18,785,018$0$0$14,044,854
75$20,569,858$0$0$15,381,337
76$22,532,618$0$0$16,851,115
77$24,691,315$0$0$18,467,687
78$27,065,802$0$0$20,245,930
79$29,677,948$0$0$22,202,231
80$32,551,855$0$0$24,354,648
81$35,714,072$0$0$26,723,078
82$39,193,856$0$0$29,329,441
83$43,023,442$0$0$32,197,892
84$47,238,348$0$0$35,355,046
85$51,877,710$0$0$38,830,229
86$56,984,649$0$0$42,655,752
87$62,606,682$0$0$46,867,221
88$68,796,165$0$0$51,503,869
89$75,610,788$0$0$56,608,924
90$83,114,122$0$0$62,230,023
91$91,376,213$0$0$68,419,653
92$100,474,247$0$0$75,235,655
93$110,493,277$0$0$82,741,760
94$121,527,024$0$0$91,008,198
95$133,678,762$0$0$100,112,356
96$147,062,290$0$0$110,139,510
97$161,803,009$0$0$121,183,628
98$178,039,103$0$0$133,348,258
99$195,922,843$0$0$146,747,502
100$215,622,022$0$0$161,507,098