Can I retire at age 35 with 849,000?

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 $849,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18%
1 years$70,110$69,485$68,876$68,281$67,700$65,507
2 years$34,708$34,061$33,435$32,827$32,238$30,049
3 years$22,909$22,259$21,635$21,033$20,453$18,337
4 years$17,010$16,363$15,744$15,153$14,587$12,560
5 years$13,472$12,829$12,218$11,639$11,089$9,156
6 years$11,114$10,476$9,874$9,308$8,774$6,938
7 years$9,431$8,797$8,206$7,652$7,136$5,395
8 years$8,168$7,541$6,959$6,419$5,920$4,274
9 years$7,187$6,566$5,994$5,468$4,985$3,432
10 years$6,403$5,787$5,225$4,713$4,248$2,785
11 years$5,761$5,152$4,600$4,102$3,653$2,278
12 years$5,227$4,624$4,083$3,598$3,166$1,875
13 years$4,776$4,179$3,648$3,177$2,761$1,552
14 years$4,389$3,799$3,277$2,820$2,420$1,289
15 years$4,054$3,470$2,959$2,515$2,131$1,074
16 years$3,761$3,184$2,683$2,252$1,883$898
17 years$3,503$2,932$2,441$2,023$1,670$752
18 years$3,274$2,709$2,229$1,823$1,485$631
19 years$3,070$2,511$2,040$1,647$1,323$531
20 years$2,885$2,333$1,872$1,492$1,182$447
21 years$2,719$2,174$1,722$1,354$1,058$376
22 years$2,568$2,029$1,587$1,231$948$317
23 years$2,431$1,898$1,466$1,121$851$268
24 years$2,305$1,778$1,355$1,023$765$226
25 years$2,189$1,668$1,255$934$688$191
26 years$2,082$1,568$1,164$854$620$162
27 years$1,984$1,476$1,081$782$559$137
28 years$1,892$1,391$1,005$716$504$116
29 years$1,807$1,312$935$657$455$98
30 years$1,728$1,239$871$603$412$83
31 years$1,654$1,171$812$554$372$70
32 years$1,585$1,108$758$509$337$59
33 years$1,520$1,049$708$468$305$50
34 years$1,460$995$661$430$276$43
35 years$1,402$943$618$396$250$36
36 years$1,348$895$578$365$226$31
37 years$1,298$850$541$336$205$26
38 years$1,249$808$507$310$186$22
39 years$1,204$769$475$286$169$19
40 years$1,161$731$445$264$153$16
41 years$1,120$696$417$243$139$13
42 years$1,081$663$391$224$126$11
43 years$1,044$632$367$207$114$10
44 years$1,009$602$345$191$104$8
45 years$975$574$324$177$94$7
46 years$943$548$304$163$86$6
47 years$913$523$286$151$78$5
48 years$884$499$268$139$71$4
49 years$856$476$252$129$64$4
50 years$829$455$237$119$58$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $849,000, adding $4,307 every year, while hoping to spend $48,318 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: 65/23/12 Blend
34$849,000$849,000$849,000$849,000
35$940,041$895,044$881,884$998,307
36$984,515$887,491$860,017$1,030,187
37$1,031,906$877,948$835,799$1,058,959
38$1,082,461$866,268$809,098$1,089,178
39$1,136,449$852,292$779,780$1,120,983
40$1,194,166$835,855$747,702$1,154,527
41$1,255,938$816,778$712,717$1,189,981
42$1,322,119$794,876$674,668$1,227,538
43$1,393,100$769,949$633,395$1,267,408
44$1,469,309$741,790$588,726$1,309,827
45$1,551,216$710,175$540,486$1,355,056
46$1,639,336$674,870$488,488$1,403,384
47$1,734,237$635,626$432,541$1,455,135
48$1,836,539$592,183$372,442$1,510,665
49$1,946,927$544,260$307,979$1,570,370
50$2,066,151$491,566$238,934$1,634,692
51$2,195,035$433,790$165,075$1,704,116
52$2,334,488$370,605$86,164$1,779,185
53$2,485,504$301,663$1,949$1,860,497
54$2,649,181$226,600$0$1,948,718
55$2,826,722$145,028$0$2,055,840
56$3,019,453$56,540$0$2,172,420
57$3,228,832$0$0$2,299,148
58$3,456,461$0$0$2,447,008
59$3,704,105$0$0$2,623,486
60$3,973,703$0$0$2,815,661
61$4,267,392$0$0$3,025,063
62$4,587,520$0$0$3,253,374
63$4,936,674$0$0$3,502,444
64$5,317,701$0$0$3,774,312
65$5,733,733$0$0$4,071,221
66$6,188,220$0$0$4,395,640
67$6,684,958$0$0$4,750,289
68$7,228,128$0$0$5,138,160
69$7,822,333$0$0$5,562,550
70$8,472,640$0$0$6,027,086
71$9,184,629$0$0$6,535,765
72$9,964,447$0$0$7,092,988
73$10,818,860$0$0$7,703,601
74$11,755,322$0$0$8,372,941
75$12,782,040$0$0$9,106,887
76$13,908,055$0$0$9,911,911
77$15,143,324$0$0$10,795,146
78$16,498,816$0$0$11,764,446
79$17,986,610$0$0$12,828,463
80$19,620,014$0$0$13,996,727
81$21,413,686$0$0$15,279,736
82$23,383,774$0$0$16,689,055
83$25,548,067$0$0$18,237,425
84$27,926,161$0$0$19,938,880
85$30,539,645$0$0$21,808,882
86$33,412,302$0$0$23,864,466
87$36,570,334$0$0$26,124,399
88$40,042,611$0$0$28,609,356
89$43,860,935$0$0$31,342,118
90$48,060,350$0$0$34,347,781
91$52,679,461$0$0$37,653,998
92$57,760,805$0$0$41,291,235
93$63,351,249$0$0$45,293,062
94$69,502,433$0$0$49,696,463
95$76,271,252$0$0$54,542,192
96$83,720,397$0$0$59,875,151
97$91,918,943$0$0$65,744,816
98$100,943,002$0$0$72,205,702
99$110,876,436$0$0$79,317,879
100$121,811,655$0$0$87,147,534