Can I retire at age 35 with 880,000?

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 $880,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12%
1 years$72,670$72,022$71,391$70,774$70,172$69,584
2 years$35,975$35,305$34,656$34,026$33,415$32,823
3 years$23,745$23,072$22,425$21,801$21,200$20,621
4 years$17,631$16,961$16,319$15,706$15,120$14,559
5 years$13,964$13,297$12,664$12,064$11,494$10,953
6 years$11,520$10,858$10,235$9,648$9,095$8,575
7 years$9,775$9,119$8,505$7,932$7,397$6,897
8 years$8,467$7,816$7,213$6,654$6,136$5,657
9 years$7,450$6,806$6,213$5,668$5,168$4,709
10 years$6,637$5,999$5,416$4,886$4,403$3,965
11 years$5,972$5,340$4,768$4,252$3,787$3,369
12 years$5,418$4,793$4,232$3,729$3,281$2,883
13 years$4,950$4,332$3,781$3,293$2,862$2,483
14 years$4,549$3,937$3,397$2,923$2,508$2,148
15 years$4,202$3,597$3,067$2,607$2,209$1,867
16 years$3,899$3,300$2,781$2,334$1,952$1,628
17 years$3,631$3,039$2,530$2,097$1,731$1,423
18 years$3,394$2,808$2,310$1,890$1,539$1,248
19 years$3,182$2,603$2,115$1,708$1,372$1,097
20 years$2,991$2,419$1,941$1,547$1,225$966
21 years$2,818$2,253$1,785$1,404$1,096$852
22 years$2,662$2,103$1,645$1,276$983$752
23 years$2,519$1,967$1,519$1,162$882$665
24 years$2,389$1,843$1,405$1,060$793$589
25 years$2,269$1,729$1,301$968$714$522
26 years$2,158$1,625$1,207$885$643$463
27 years$2,056$1,530$1,121$810$579$411
28 years$1,961$1,441$1,042$742$523$365
29 years$1,873$1,360$969$681$472$324
30 years$1,791$1,284$903$625$427$288
31 years$1,715$1,214$842$574$386$256
32 years$1,643$1,149$785$527$349$228
33 years$1,576$1,088$733$485$316$203
34 years$1,513$1,031$685$446$286$181
35 years$1,454$978$641$411$259$161
36 years$1,398$928$599$378$235$144
37 years$1,345$882$561$349$213$128
38 years$1,295$838$525$321$193$114
39 years$1,248$797$492$296$175$102
40 years$1,203$758$461$273$159$91
41 years$1,161$721$433$252$144$81
42 years$1,120$687$406$233$131$72
43 years$1,082$655$381$215$118$64
44 years$1,046$624$357$198$108$57
45 years$1,011$595$336$183$98$51
46 years$978$568$315$169$89$46
47 years$946$542$296$156$80$41
48 years$916$517$278$144$73$36
49 years$887$494$262$133$66$32
50 years$859$472$246$123$60$29

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $880,000, adding $6,604 every year, while hoping to spend $41,990 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: 64/21/15 Blend
34$880,000$880,000$880,000$880,000
35$976,572$929,932$916,292$1,035,111
36$1,031,505$930,822$902,311$1,076,032
37$1,090,635$930,348$886,454$1,115,286
38$1,154,343$928,399$868,614$1,157,140
39$1,223,053$924,857$848,679$1,201,850
40$1,297,226$919,597$826,532$1,249,695
41$1,377,372$912,486$802,050$1,300,987
42$1,464,050$903,383$775,104$1,356,069
43$1,557,873$892,139$745,560$1,415,320
44$1,659,518$878,596$713,278$1,479,161
45$1,769,727$862,585$678,111$1,548,056
46$1,889,316$843,929$639,905$1,622,518
47$2,019,185$822,440$598,501$1,703,114
48$2,160,321$797,919$553,730$1,790,471
49$2,313,811$770,154$505,417$1,885,283
50$2,480,851$738,923$453,379$1,988,316
51$2,662,756$703,989$397,426$2,100,415
52$2,860,975$665,102$337,357$2,222,517
53$3,077,101$621,998$272,965$2,355,654
54$3,312,886$574,397$204,031$2,500,969
55$3,570,263$522,005$130,328$2,659,723
56$3,851,355$464,508$51,619$2,833,308
57$4,158,502$401,578$0$3,023,264
58$4,494,278$332,864$0$3,236,472
59$4,861,519$257,999$0$3,478,781
60$5,263,347$176,594$0$3,744,035
61$5,703,199$88,238$0$4,034,569
62$6,184,860$0$0$4,352,957
63$6,712,498$0$0$4,703,770
64$7,290,704$0$0$5,110,609
65$7,924,533$0$0$5,556,647
66$8,619,553$0$0$6,045,812
67$9,381,897$0$0$6,582,426
68$10,218,319$0$0$7,171,253
69$11,136,259$0$0$7,817,539
70$12,143,914$0$0$8,527,063
71$13,250,309$0$0$9,306,191
72$14,465,389$0$0$10,161,935
73$15,800,110$0$0$11,102,020
74$17,266,538$0$0$12,134,956
75$18,877,969$0$0$13,270,118
76$20,649,048$0$0$14,517,834
77$22,595,912$0$0$15,889,484
78$24,736,337$0$0$17,397,604
79$27,089,907$0$0$19,056,004
80$29,678,202$0$0$20,879,903
81$32,524,993$0$0$22,886,064
82$35,656,476$0$0$25,092,962
83$39,101,508$0$0$27,520,947
84$42,891,889$0$0$30,192,444
85$47,062,651$0$0$33,132,162
86$51,652,399$0$0$36,367,324
87$56,703,666$0$0$39,927,926
88$62,263,318$0$0$43,847,020
89$68,382,995$0$0$48,161,025
90$75,119,596$0$0$52,910,069
91$82,535,820$0$0$58,138,369
92$90,700,749$0$0$63,894,647
93$99,690,510$0$0$70,232,590
94$109,588,981$0$0$77,211,354
95$120,488,594$0$0$84,896,126
96$132,491,194$0$0$93,358,736
97$145,709,013$0$0$102,678,332
98$160,265,716$0$0$112,942,133
99$176,297,575$0$0$124,246,245
100$193,954,754$0$0$136,696,574