Can I retire at age 35 with 862,000?

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 $862,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.6%
1 years$71,183$70,549$69,930$69,327$68,737$67,157
2 years$35,239$34,583$33,947$33,330$32,732$31,149
3 years$23,259$22,600$21,966$21,355$20,766$19,230
4 years$17,271$16,614$15,986$15,385$14,811$13,332
5 years$13,678$13,025$12,405$11,817$11,259$9,843
6 years$11,284$10,636$10,025$9,450$8,909$7,557
7 years$9,575$8,932$8,331$7,770$7,245$5,957
8 years$8,294$7,657$7,065$6,518$6,011$4,786
9 years$7,297$6,666$6,086$5,552$5,062$3,900
10 years$6,501$5,876$5,305$4,786$4,313$3,212
11 years$5,850$5,231$4,671$4,165$3,709$2,668
12 years$5,307$4,695$4,145$3,653$3,214$2,231
13 years$4,849$4,243$3,704$3,225$2,803$1,876
14 years$4,456$3,857$3,328$2,863$2,457$1,585
15 years$4,116$3,523$3,004$2,553$2,163$1,344
16 years$3,819$3,233$2,724$2,286$1,912$1,142
17 years$3,557$2,977$2,479$2,054$1,695$974
18 years$3,324$2,751$2,263$1,851$1,507$832
19 years$3,117$2,550$2,071$1,673$1,344$712
20 years$2,930$2,369$1,901$1,515$1,200$610
21 years$2,761$2,207$1,749$1,375$1,074$524
22 years$2,608$2,060$1,612$1,250$963$450
23 years$2,468$1,927$1,488$1,138$864$387
24 years$2,340$1,805$1,376$1,038$777$333
25 years$2,222$1,694$1,275$948$699$287
26 years$2,114$1,592$1,182$867$630$247
27 years$2,014$1,498$1,098$794$568$213
28 years$1,921$1,412$1,020$727$512$184
29 years$1,835$1,332$950$667$462$159
30 years$1,755$1,258$885$612$418$137
31 years$1,680$1,189$825$562$378$118
32 years$1,609$1,125$769$517$342$102
33 years$1,544$1,066$718$475$309$88
34 years$1,482$1,010$671$437$280$76
35 years$1,424$958$628$402$254$66
36 years$1,369$909$587$371$230$57
37 years$1,317$863$549$341$208$49
38 years$1,269$821$515$315$189$43
39 years$1,222$780$482$290$171$37
40 years$1,178$742$452$268$155$32
41 years$1,137$707$424$247$141$28
42 years$1,097$673$397$228$128$24
43 years$1,060$641$373$210$116$21
44 years$1,024$611$350$194$105$18
45 years$990$583$329$179$96$15
46 years$958$556$309$166$87$13
47 years$927$531$290$153$79$12
48 years$897$507$273$141$72$10
49 years$869$484$256$131$65$9
50 years$842$462$241$121$59$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $862,000, adding $6,245 every year, while hoping to spend $49,741 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: 58/24/18 Blend
34$862,000$862,000$862,000$862,000
35$956,366$910,680$897,319$1,006,976
36$1,000,991$902,379$874,455$1,033,724
37$1,048,501$892,004$849,158$1,056,901
38$1,099,137$879,402$821,294$1,081,041
39$1,153,165$864,408$790,723$1,106,248
40$1,210,873$846,850$757,298$1,132,635
41$1,272,581$826,544$720,866$1,160,332
42$1,338,636$803,296$681,266$1,189,482
43$1,409,420$776,901$638,333$1,220,247
44$1,485,354$747,142$591,889$1,252,807
45$1,566,895$713,788$541,753$1,287,366
46$1,654,551$676,595$487,734$1,324,149
47$1,748,873$635,307$429,631$1,363,407
48$1,850,472$589,651$367,238$1,405,424
49$1,960,015$539,338$300,335$1,450,513
50$2,078,237$484,066$228,696$1,499,025
51$2,205,943$423,512$152,084$1,551,351
52$2,344,021$357,336$70,251$1,607,925
53$2,493,445$285,179$0$1,669,233
54$2,655,285$206,661$0$1,739,092
55$2,830,720$121,383$0$1,829,436
56$3,021,044$28,922$0$1,927,477
57$3,227,681$0$0$2,034,014
58$3,452,197$0$0$2,168,724
59$3,696,316$0$0$2,323,565
60$3,961,933$0$0$2,492,109
61$4,251,133$0$0$2,675,688
62$4,566,212$0$0$2,875,767
63$4,909,695$0$0$3,093,960
64$5,284,362$0$0$3,332,043
65$5,693,271$0$0$3,591,968
66$6,139,792$0$0$3,875,887
67$6,627,631$0$0$4,186,169
68$7,160,869$0$0$4,525,420
69$7,743,999$0$0$4,896,511
70$8,381,970$0$0$5,302,602
71$9,080,229$0$0$5,747,174
72$9,844,773$0$0$6,234,060
73$10,682,210$0$0$6,767,478
74$11,599,813$0$0$7,352,078
75$12,605,594$0$0$7,992,979
76$13,708,377$0$0$8,695,817
77$14,917,879$0$0$9,466,802
78$16,244,805$0$0$10,312,775
79$17,700,945$0$0$11,241,268
80$19,299,284$0$0$12,260,580
81$21,054,129$0$0$13,379,852
82$22,981,237$0$0$14,609,154
83$25,097,967$0$0$15,959,577
84$27,423,442$0$0$17,443,343
85$29,978,727$0$0$19,073,914
86$32,787,032$0$0$20,866,121
87$35,873,924$0$0$22,836,302
88$39,267,571$0$0$25,002,460
89$42,999,008$0$0$27,384,428
90$47,102,424$0$0$30,004,054
91$51,615,491$0$0$32,885,415
92$56,579,712$0$0$36,055,035
93$62,040,815$0$0$39,542,137
94$68,049,186$0$0$43,378,924
95$74,660,337$0$0$47,600,872
96$81,935,434$0$0$52,247,074
97$89,941,873$0$0$57,360,602
98$98,753,914$0$0$62,988,916
99$108,453,378$0$0$69,184,311
100$119,130,425$0$0$76,004,408