Can I retire at age 35 with 883,000?

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 $883,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.5%
1 years$72,917$72,268$71,634$71,016$70,412$67,995
2 years$36,098$35,425$34,774$34,142$33,529$31,119
3 years$23,826$23,151$22,501$21,875$21,272$18,944
4 years$17,691$17,018$16,375$15,760$15,172$12,943
5 years$14,012$13,343$12,708$12,105$11,533$9,411
6 years$11,559$10,895$10,270$9,681$9,126$7,111
7 years$9,808$9,150$8,534$7,959$7,422$5,514
8 years$8,496$7,843$7,238$6,677$6,157$4,355
9 years$7,475$6,829$6,234$5,687$5,185$3,487
10 years$6,659$6,019$5,435$4,902$4,418$2,820
11 years$5,992$5,359$4,785$4,266$3,800$2,300
12 years$5,437$4,810$4,246$3,742$3,293$1,887
13 years$4,967$4,346$3,794$3,304$2,871$1,556
14 years$4,565$3,951$3,409$2,933$2,517$1,288
15 years$4,216$3,609$3,078$2,615$2,216$1,070
16 years$3,912$3,311$2,790$2,342$1,959$891
17 years$3,644$3,050$2,539$2,104$1,737$744
18 years$3,405$2,818$2,318$1,896$1,544$622
19 years$3,192$2,612$2,122$1,713$1,376$521
20 years$3,001$2,427$1,947$1,552$1,229$437
21 years$2,828$2,261$1,791$1,408$1,100$366
22 years$2,671$2,110$1,651$1,281$986$308
23 years$2,528$1,974$1,524$1,166$885$259
24 years$2,397$1,849$1,410$1,064$796$218
25 years$2,277$1,735$1,306$971$716$183
26 years$2,166$1,631$1,211$888$645$154
27 years$2,063$1,535$1,124$813$581$130
28 years$1,968$1,446$1,045$745$525$109
29 years$1,880$1,364$973$683$474$92
30 years$1,797$1,289$906$627$428$78
31 years$1,721$1,218$845$576$387$66
32 years$1,649$1,153$788$529$350$55
33 years$1,581$1,092$736$487$317$47
34 years$1,518$1,034$688$448$287$39
35 years$1,459$981$643$412$260$33
36 years$1,402$931$601$380$235$28
37 years$1,349$885$563$350$213$24
38 years$1,299$841$527$322$193$20
39 years$1,252$799$494$297$175$17
40 years$1,207$761$463$274$159$14
41 years$1,165$724$434$253$144$12
42 years$1,124$689$407$233$131$10
43 years$1,086$657$382$215$119$9
44 years$1,049$626$359$199$108$7
45 years$1,014$597$337$184$98$6
46 years$981$570$316$170$89$5
47 years$949$544$297$157$81$4
48 years$919$519$279$145$73$4
49 years$890$496$262$134$67$3
50 years$862$473$247$124$60$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $883,000, adding $6,741 every year, while hoping to spend $51,642 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: 27/47/26 Blend
34$883,000$883,000$883,000$883,000
35$980,019$933,220$919,534$998,376
36$1,025,035$924,001$895,392$1,004,407
37$1,072,911$912,600$868,710$1,005,964
38$1,123,885$898,855$839,349$1,006,570
39$1,178,216$882,594$807,162$1,006,179
40$1,236,191$863,637$771,998$1,004,746
41$1,298,119$841,792$733,697$1,002,226
42$1,364,342$816,855$692,091$998,576
43$1,435,236$788,612$647,007$993,753
44$1,511,210$756,834$598,261$987,720
45$1,592,715$721,280$545,665$980,441
46$1,680,246$681,697$489,019$971,883
47$1,774,344$637,814$428,114$962,020
48$1,875,606$589,346$362,735$950,829
49$1,984,686$535,991$292,655$938,297
50$2,102,302$477,433$217,636$924,417
51$2,229,242$413,332$137,433$909,190
52$2,366,374$343,335$51,786$892,631
53$2,514,651$267,065$0$874,766
54$2,675,120$184,126$0$866,624
55$2,848,932$94,097$0$873,320
56$3,037,352$0$0$880,629
57$3,241,773$0$0$890,526
58$3,463,725$0$0$954,233
59$3,704,892$0$0$1,023,585
60$3,967,126$0$0$1,099,128
61$4,252,464$0$0$1,181,468
62$4,563,148$0$0$1,271,269
63$4,901,645$0$0$1,369,263
64$5,270,671$0$0$1,476,254
65$5,673,212$0$0$1,593,128
66$6,112,558$0$0$1,720,863
67$6,592,329$0$0$1,860,531
68$7,116,510$0$0$2,013,316
69$7,689,487$0$0$2,180,519
70$8,316,091$0$0$2,363,576
71$9,001,641$0$0$2,564,064
72$9,751,993$0$0$2,783,724
73$10,573,593$0$0$3,024,469
74$11,473,545$0$0$3,288,411
75$12,459,667$0$0$3,577,870
76$13,540,572$0$0$3,895,407
77$14,725,744$0$0$4,243,840
78$16,025,631$0$0$4,626,272
79$17,451,740$0$0$5,046,124
80$19,016,743$0$0$5,507,161
81$20,734,603$0$0$6,013,534
82$22,620,695$0$0$6,569,813
83$24,691,961$0$0$7,181,034
84$26,967,060$0$0$7,852,743
85$29,466,549$0$0$8,591,054
86$32,213,076$0$0$9,402,698
87$35,231,587$0$0$10,295,094
88$38,549,570$0$0$11,276,413
89$42,197,304$0$0$12,355,661
90$46,208,150$0$0$13,542,757
91$50,618,865$0$0$14,848,631
92$55,469,943$0$0$16,285,327
93$60,806,002$0$0$17,866,113
94$66,676,200$0$0$19,605,610
95$73,134,699$0$0$21,519,925
96$80,241,178$0$0$23,626,808
97$88,061,389$0$0$25,945,817
98$96,667,784$0$0$28,498,501
99$106,140,192$0$0$31,308,604
100$116,566,572$0$0$34,402,291