Can I retire at age 35 with 884,000?

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 $884,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.7%
1 years$73,000$72,350$71,715$71,096$70,491$68,017
2 years$36,139$35,466$34,813$34,181$33,567$31,101
3 years$23,853$23,177$22,526$21,900$21,296$18,915
4 years$17,712$17,038$16,393$15,778$15,189$12,910
5 years$14,028$13,358$12,722$12,119$11,546$9,377
6 years$11,572$10,908$10,281$9,691$9,136$7,078
7 years$9,819$9,160$8,544$7,968$7,430$5,482
8 years$8,505$7,852$7,246$6,684$6,164$4,325
9 years$7,484$6,837$6,241$5,693$5,191$3,458
10 years$6,667$6,026$5,441$4,908$4,423$2,794
11 years$5,999$5,365$4,790$4,271$3,804$2,275
12 years$5,443$4,815$4,251$3,746$3,296$1,864
13 years$4,973$4,351$3,798$3,308$2,875$1,535
14 years$4,570$3,955$3,413$2,936$2,520$1,269
15 years$4,221$3,613$3,081$2,618$2,219$1,053
16 years$3,916$3,315$2,793$2,345$1,961$875
17 years$3,648$3,053$2,542$2,107$1,739$729
18 years$3,409$2,821$2,320$1,898$1,546$609
19 years$3,196$2,615$2,124$1,715$1,378$509
20 years$3,004$2,430$1,950$1,554$1,231$426
21 years$2,831$2,263$1,793$1,410$1,101$357
22 years$2,674$2,113$1,653$1,282$987$300
23 years$2,531$1,976$1,526$1,168$886$252
24 years$2,400$1,851$1,411$1,065$797$211
25 years$2,279$1,737$1,307$973$717$178
26 years$2,168$1,633$1,212$889$646$149
27 years$2,065$1,537$1,126$814$582$125
28 years$1,970$1,448$1,047$746$525$106
29 years$1,882$1,366$974$684$474$89
30 years$1,799$1,290$907$628$429$75
31 years$1,723$1,219$846$576$387$63
32 years$1,651$1,154$789$530$350$53
33 years$1,583$1,093$737$487$317$45
34 years$1,520$1,036$688$448$287$38
35 years$1,460$982$644$413$260$32
36 years$1,404$932$602$380$236$27
37 years$1,351$886$563$350$214$22
38 years$1,301$842$528$323$194$19
39 years$1,253$800$494$298$176$16
40 years$1,209$761$463$274$159$13
41 years$1,166$725$435$253$144$11
42 years$1,125$690$408$234$131$10
43 years$1,087$658$382$216$119$8
44 years$1,050$627$359$199$108$7
45 years$1,015$598$337$184$98$6
46 years$982$570$317$170$89$5
47 years$950$544$297$157$81$4
48 years$920$520$280$145$73$3
49 years$891$496$263$134$67$3
50 years$863$474$247$124$61$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $884,000, adding $6,662 every year, while hoping to spend $48,741 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: 73/12/15 Blend
34$884,000$884,000$884,000$884,000
35$981,040$934,188$920,486$1,048,915
36$1,029,246$928,103$899,462$1,088,683
37$1,080,735$920,086$876,100$1,125,613
38$1,135,792$909,992$850,271$1,164,772
39$1,194,726$897,665$821,838$1,206,371
40$1,257,878$882,941$790,660$1,250,641
41$1,325,622$865,646$756,588$1,297,837
42$1,398,369$845,596$719,467$1,348,244
43$1,476,568$822,595$679,135$1,402,172
44$1,560,714$796,439$635,422$1,459,968
45$1,651,350$766,906$588,151$1,522,013
46$1,749,070$733,768$537,137$1,588,730
47$1,854,530$696,777$482,186$1,660,584
48$1,968,450$655,677$423,097$1,738,090
49$2,091,619$610,192$359,658$1,821,816
50$2,224,907$560,034$291,649$1,912,393
51$2,369,268$504,897$218,840$2,010,513
52$2,525,753$444,456$140,990$2,116,944
53$2,695,516$378,371$57,850$2,232,532
54$2,879,827$306,279$0$2,358,215
55$3,080,083$227,801$0$2,499,967
56$3,297,820$142,532$0$2,664,189
57$3,534,729$50,047$0$2,842,919
58$3,792,669$0$0$3,037,596
59$4,073,687$0$0$3,256,424
60$4,380,036$0$0$3,502,217
61$4,714,193$0$0$3,770,360
62$5,078,887$0$0$4,063,048
63$5,477,120$0$0$4,382,696
64$5,912,200$0$0$4,731,962
65$6,387,765$0$0$5,113,774
66$6,907,822$0$0$5,531,354
67$7,476,782$0$0$5,988,250
68$8,099,504$0$0$6,488,369
69$8,781,337$0$0$7,036,014
70$9,528,170$0$0$7,635,923
71$10,346,491$0$0$8,293,313
72$11,243,444$0$0$9,013,930
73$12,226,897$0$0$9,804,103
74$13,305,516$0$0$10,670,802
75$14,488,845$0$0$11,621,705
76$15,787,398$0$0$12,665,268
77$17,212,756$0$0$13,810,807
78$18,777,673$0$0$15,068,581
79$20,496,203$0$0$16,449,895
80$22,383,824$0$0$17,967,198
81$24,457,587$0$0$19,634,207
82$26,736,279$0$0$21,466,034
83$29,240,594$0$0$23,479,325
84$31,993,332$0$0$25,692,420
85$35,019,610$0$0$28,125,524
86$38,347,101$0$0$30,800,898
87$42,006,294$0$0$33,743,066
88$46,030,781$0$0$36,979,051
89$50,457,570$0$0$40,538,624
90$55,327,439$0$0$44,454,585
91$60,685,315$0$0$48,763,077
92$66,580,700$0$0$53,503,920
93$73,068,138$0$0$58,720,990
94$80,207,725$0$0$64,462,631
95$88,065,678$0$0$70,782,110
96$96,714,961$0$0$77,738,121
97$106,235,968$0$0$85,395,337
98$116,717,284$0$0$93,825,018
99$128,256,520$0$0$103,105,687
100$140,961,231$0$0$113,323,865