Can I retire at age 35 with 888,000?

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 $888,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.4%
1 years$73,330$72,677$72,040$71,418$70,810$68,959
2 years$36,302$35,626$34,971$34,335$33,719$31,866
3 years$23,961$23,282$22,628$21,999$21,393$19,597
4 years$17,792$17,115$16,468$15,849$15,258$13,532
5 years$14,091$13,418$12,780$12,174$11,599$9,948
6 years$11,625$10,957$10,328$9,735$9,178$7,604
7 years$9,864$9,202$8,582$8,004$7,464$5,967
8 years$8,544$7,887$7,279$6,714$6,192$4,772
9 years$7,517$6,867$6,269$5,719$5,215$3,870
10 years$6,697$6,053$5,466$4,930$4,443$3,171
11 years$6,026$5,389$4,812$4,291$3,821$2,621
12 years$5,467$4,837$4,270$3,763$3,311$2,181
13 years$4,995$4,371$3,815$3,322$2,888$1,824
14 years$4,591$3,973$3,428$2,949$2,531$1,532
15 years$4,240$3,630$3,095$2,630$2,229$1,292
16 years$3,934$3,330$2,806$2,355$1,970$1,092
17 years$3,664$3,067$2,553$2,116$1,746$926
18 years$3,425$2,834$2,331$1,907$1,553$786
19 years$3,211$2,626$2,134$1,723$1,384$669
20 years$3,018$2,441$1,958$1,561$1,236$570
21 years$2,844$2,273$1,801$1,416$1,106$486
22 years$2,686$2,122$1,660$1,288$992$415
23 years$2,542$1,985$1,533$1,173$890$355
24 years$2,410$1,860$1,418$1,070$800$303
25 years$2,289$1,745$1,313$977$720$260
26 years$2,178$1,640$1,218$893$649$222
27 years$2,075$1,544$1,131$818$585$191
28 years$1,979$1,454$1,051$749$528$163
29 years$1,890$1,372$978$687$476$140
30 years$1,808$1,296$911$630$430$120
31 years$1,730$1,225$850$579$389$103
32 years$1,658$1,159$793$532$352$88
33 years$1,590$1,098$740$489$319$76
34 years$1,527$1,040$691$450$288$65
35 years$1,467$987$646$414$261$56
36 years$1,410$937$605$382$237$48
37 years$1,357$890$566$352$215$41
38 years$1,307$845$530$324$195$35
39 years$1,259$804$497$299$176$30
40 years$1,214$765$465$276$160$26
41 years$1,171$728$436$254$145$22
42 years$1,131$693$409$235$132$19
43 years$1,092$661$384$217$120$17
44 years$1,055$630$361$200$108$14
45 years$1,020$600$339$185$98$12
46 years$987$573$318$171$89$10
47 years$955$547$299$158$81$9
48 years$924$522$281$146$74$8
49 years$895$498$264$135$67$7
50 years$867$476$248$124$61$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $888,000, adding $6,057 every year, while hoping to spend $55,608 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: 29/44/27 Blend
34$888,000$888,000$888,000$888,000
35$984,824$937,760$923,996$1,005,023
36$1,026,109$924,544$895,783$1,008,181
37$1,069,742$908,816$864,762$1,006,322
38$1,115,903$890,395$830,779$1,003,205
39$1,164,790$869,089$793,674$998,759
40$1,216,617$844,693$753,281$992,914
41$1,271,621$816,992$709,425$985,595
42$1,330,059$785,757$661,923$976,730
43$1,392,213$750,747$610,585$966,243
44$1,458,390$711,706$555,212$954,060
45$1,528,930$668,363$495,595$940,105
46$1,604,200$620,432$431,517$924,305
47$1,684,606$567,611$362,751$906,586
48$1,770,593$509,581$289,059$886,875
49$1,862,646$446,003$210,196$865,105
50$1,961,299$376,520$125,900$841,208
51$2,067,138$300,756$35,904$815,122
52$2,180,805$218,312$0$786,791
53$2,303,004$128,766$0$773,488
54$2,434,510$31,676$0$770,011
55$2,576,173$0$0$766,058
56$2,728,925$0$0$797,252
57$2,893,793$0$0$847,583
58$3,071,903$0$0$902,070
59$3,264,492$0$0$961,109
60$3,472,922$0$0$1,025,131
61$3,698,689$0$0$1,094,612
62$3,943,437$0$0$1,170,075
63$4,208,974$0$0$1,252,096
64$4,497,291$0$0$1,341,306
65$4,810,575$0$0$1,438,403
66$5,151,233$0$0$1,544,154
67$5,521,912$0$0$1,659,400
68$5,925,525$0$0$1,785,070
69$6,365,279$0$0$1,922,185
70$6,844,702$0$0$2,071,870
71$7,367,676$0$0$2,235,362
72$7,938,474$0$0$2,414,023
73$8,561,802$0$0$2,609,353
74$9,242,838$0$0$2,823,003
75$9,987,284$0$0$3,056,792
76$10,801,415$0$0$3,312,722
77$11,692,144$0$0$3,592,996
78$12,667,080$0$0$3,900,044
79$13,734,604$0$0$4,236,538
80$14,903,942$0$0$4,605,423
81$16,185,258$0$0$5,009,942
82$17,589,743$0$0$5,453,667
83$19,129,724$0$0$5,940,533
84$20,818,776$0$0$6,474,872
85$22,671,853$0$0$7,061,459
86$24,705,425$0$0$7,705,552
87$26,937,634$0$0$8,412,942
88$29,388,464$0$0$9,190,011
89$32,079,930$0$0$10,043,788
90$35,036,281$0$0$10,982,017
91$38,284,233$0$0$12,013,229
92$41,853,214$0$0$13,146,822
93$45,775,647$0$0$14,393,151
94$50,087,251$0$0$15,763,625
95$54,827,376$0$0$17,270,812
96$60,039,378$0$0$18,928,559
97$65,771,022$0$0$20,752,125
98$72,074,933$0$0$22,758,319
99$79,009,095$0$0$24,965,664
100$86,637,390$0$0$27,394,566