Can I retire at age 35 with 879,000?

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 $879,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.3%
1 years$72,587$71,940$71,310$70,694$70,093$69,418
2 years$35,934$35,265$34,616$33,987$33,377$32,698
3 years$23,718$23,046$22,399$21,776$21,176$20,513
4 years$17,611$16,941$16,301$15,688$15,103$14,461
5 years$13,948$13,282$12,650$12,050$11,481$10,862
6 years$11,507$10,846$10,223$9,637$9,085$8,490
7 years$9,764$9,108$8,495$7,923$7,388$6,817
8 years$8,457$7,808$7,205$6,646$6,129$5,582
9 years$7,441$6,798$6,206$5,661$5,162$4,639
10 years$6,629$5,992$5,410$4,880$4,398$3,899
11 years$5,965$5,334$4,763$4,247$3,782$3,306
12 years$5,412$4,788$4,227$3,725$3,278$2,824
13 years$4,945$4,327$3,777$3,289$2,858$2,427
14 years$4,544$3,933$3,393$2,919$2,506$2,096
15 years$4,197$3,593$3,064$2,604$2,206$1,818
16 years$3,894$3,296$2,778$2,331$1,950$1,582
17 years$3,627$3,036$2,528$2,095$1,729$1,380
18 years$3,390$2,805$2,307$1,888$1,537$1,208
19 years$3,178$2,600$2,112$1,706$1,370$1,059
20 years$2,987$2,416$1,939$1,545$1,224$930
21 years$2,815$2,250$1,783$1,402$1,095$819
22 years$2,659$2,101$1,643$1,275$982$722
23 years$2,516$1,965$1,517$1,161$881$637
24 years$2,386$1,841$1,403$1,059$792$562
25 years$2,266$1,727$1,300$967$713$497
26 years$2,156$1,624$1,205$884$642$440
27 years$2,054$1,528$1,119$809$579$389
28 years$1,959$1,440$1,041$742$522$345
29 years$1,871$1,358$968$680$472$306
30 years$1,789$1,283$902$624$426$271
31 years$1,713$1,213$841$573$385$241
32 years$1,641$1,147$785$527$348$214
33 years$1,574$1,087$733$484$315$190
34 years$1,511$1,030$684$446$286$169
35 years$1,452$977$640$410$259$150
36 years$1,396$927$599$378$234$133
37 years$1,343$881$560$348$212$118
38 years$1,294$837$525$321$193$105
39 years$1,246$796$492$296$175$94
40 years$1,202$757$461$273$158$83
41 years$1,159$721$432$252$144$74
42 years$1,119$686$405$232$130$66
43 years$1,081$654$380$214$118$59
44 years$1,044$623$357$198$107$52
45 years$1,010$594$335$183$97$46
46 years$977$567$315$169$89$41
47 years$945$541$296$156$80$37
48 years$915$517$278$144$73$33
49 years$886$493$261$133$66$29
50 years$858$471$246$123$60$26

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $879,000, adding $5,647 every year, while hoping to spend $57,966 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: 37/38/25 Blend
34$879,000$879,000$879,000$879,000
35$974,483$927,896$914,271$1,003,061
36$1,012,205$911,687$883,224$1,008,329
37$1,051,831$892,742$849,194$1,008,267
38$1,093,496$870,864$812,020$1,007,060
39$1,137,344$845,847$771,533$1,004,639
40$1,183,531$817,472$727,558$1,000,937
41$1,232,231$785,508$679,911$995,883
42$1,283,629$749,708$628,398$989,407
43$1,337,929$709,814$572,820$981,436
44$1,395,355$665,552$512,966$971,899
45$1,456,147$616,631$448,617$960,720
46$1,520,573$562,744$379,544$947,828
47$1,588,921$503,568$305,508$933,150
48$1,661,507$438,759$226,259$916,613
49$1,738,679$367,956$141,537$898,148
50$1,820,814$290,776$51,069$877,686
51$1,908,328$206,815$0$855,162
52$2,001,676$115,647$0$842,646
53$2,101,353$16,820$0$843,277
54$2,207,906$0$0$843,448
55$2,321,933$0$0$880,897
56$2,444,087$0$0$928,630
57$2,575,089$0$0$979,906
58$2,715,727$0$0$1,035,043
59$2,866,867$0$0$1,094,392
60$3,029,458$0$0$1,158,338
61$3,204,543$0$0$1,227,306
62$3,393,269$0$0$1,301,758
63$3,596,894$0$0$1,382,207
64$3,816,800$0$0$1,469,213
65$4,054,506$0$0$1,563,394
66$4,311,683$0$0$1,665,426
67$4,590,166$0$0$1,776,058
68$4,891,973$0$0$1,896,107
69$5,219,323$0$0$2,026,476
70$5,574,656$0$0$2,168,158
71$5,960,657$0$0$2,322,243
72$6,380,277$0$0$2,489,932
73$6,836,765$0$0$2,672,546
74$7,333,694$0$0$2,871,539
75$7,874,997$0$0$3,088,511
76$8,465,001$0$0$3,325,222
77$9,108,467$0$0$3,583,611
78$9,810,639$0$0$3,865,811
79$10,577,285$0$0$4,174,170
80$11,414,756$0$0$4,511,274
81$12,330,045$0$0$4,879,970
82$13,330,850$0$0$5,283,393
83$14,425,646$0$0$5,724,993
84$15,623,764$0$0$6,208,571
85$16,935,482$0$0$6,738,312
86$18,372,116$0$0$7,318,826
87$19,946,126$0$0$7,955,187
88$21,671,237$0$0$8,652,988
89$23,562,563$0$0$9,418,386
90$25,636,751$0$0$10,258,161
91$27,912,138$0$0$11,179,786
92$30,408,917$0$0$12,191,488
93$33,149,335$0$0$13,302,331
94$36,157,895$0$0$14,522,301
95$39,461,588$0$0$15,862,396
96$43,090,150$0$0$17,334,734
97$47,076,334$0$0$18,952,664
98$51,456,225$0$0$20,730,890
99$56,269,575$0$0$22,685,614
100$61,560,179$0$0$24,834,686