Can I retire at age 35 with 890,000?

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 $890,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.2%
1 years$73,495$72,841$72,202$71,579$70,970$68,891
2 years$36,384$35,706$35,050$34,413$33,795$31,718
3 years$24,015$23,334$22,679$22,049$21,441$19,430
4 years$17,832$17,153$16,505$15,885$15,292$13,363
5 years$14,123$13,448$12,808$12,201$11,625$9,783
6 years$11,651$10,982$10,351$9,757$9,198$7,445
7 years$9,886$9,222$8,602$8,022$7,481$5,816
8 years$8,563$7,905$7,295$6,729$6,206$4,629
9 years$7,534$6,883$6,283$5,732$5,226$3,736
10 years$6,712$6,067$5,478$4,941$4,453$3,046
11 years$6,040$5,401$4,823$4,300$3,830$2,505
12 years$5,480$4,848$4,280$3,772$3,319$2,073
13 years$5,006$4,381$3,824$3,330$2,894$1,724
14 years$4,601$3,982$3,436$2,956$2,537$1,441
15 years$4,250$3,638$3,102$2,636$2,234$1,208
16 years$3,943$3,338$2,812$2,360$1,974$1,015
17 years$3,673$3,074$2,559$2,121$1,750$855
18 years$3,432$2,840$2,336$1,911$1,556$722
19 years$3,218$2,632$2,139$1,727$1,387$611
20 years$3,025$2,446$1,963$1,564$1,239$517
21 years$2,851$2,278$1,805$1,420$1,109$439
22 years$2,692$2,127$1,664$1,291$994$372
23 years$2,548$1,989$1,536$1,175$892$316
24 years$2,416$1,864$1,421$1,072$802$269
25 years$2,295$1,749$1,316$979$722$228
26 years$2,183$1,644$1,221$895$650$194
27 years$2,079$1,547$1,133$819$586$165
28 years$1,984$1,458$1,054$751$529$141
29 years$1,895$1,375$980$688$477$120
30 years$1,812$1,299$913$632$431$102
31 years$1,734$1,228$851$580$390$87
32 years$1,662$1,162$794$533$353$74
33 years$1,594$1,100$742$490$319$63
34 years$1,530$1,043$693$451$289$54
35 years$1,470$989$648$415$262$46
36 years$1,414$939$606$383$237$39
37 years$1,360$892$567$352$215$33
38 years$1,310$847$531$325$195$29
39 years$1,262$806$498$300$177$24
40 years$1,217$767$467$276$160$21
41 years$1,174$730$437$255$145$18
42 years$1,133$695$410$235$132$15
43 years$1,094$662$385$217$120$13
44 years$1,057$631$361$201$109$11
45 years$1,022$602$339$185$99$9
46 years$989$574$319$171$90$8
47 years$957$548$299$158$81$7
48 years$926$523$281$146$74$6
49 years$897$499$265$135$67$5
50 years$869$477$249$125$61$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $890,000, adding $6,042 every year, while hoping to spend $55,416 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: 57/35/8 Blend
34$890,000$890,000$890,000$890,000
35$987,012$939,842$926,047$1,041,125
36$1,028,725$926,932$898,108$1,065,360
37$1,072,836$911,533$867,375$1,085,017
38$1,119,530$893,462$833,697$1,105,078
39$1,169,010$872,531$796,914$1,125,586
40$1,221,500$848,535$756,861$1,146,594
41$1,277,240$821,260$713,363$1,168,161
42$1,336,497$790,481$666,239$1,190,354
43$1,399,561$755,956$615,300$1,213,254
44$1,466,750$717,431$560,346$1,236,951
45$1,538,412$674,639$501,171$1,261,546
46$1,614,929$627,294$437,559$1,287,159
47$1,696,717$575,097$369,282$1,313,921
48$1,784,235$517,730$296,106$1,341,986
49$1,877,985$454,857$217,784$1,371,525
50$1,978,518$386,124$134,059$1,402,733
51$2,086,439$311,156$44,661$1,435,830
52$2,202,410$229,556$0$1,471,063
53$2,327,159$140,908$0$1,513,046
54$2,461,486$44,769$0$1,562,109
55$2,606,268$0$0$1,614,819
56$2,762,470$0$0$1,694,448
57$2,931,151$0$0$1,799,120
58$3,113,476$0$0$1,912,320
59$3,310,722$0$0$2,034,852
60$3,524,298$0$0$2,167,598
61$3,755,748$0$0$2,311,527
62$4,006,774$0$0$2,467,707
63$4,279,244$0$0$2,637,310
64$4,575,216$0$0$2,821,625
65$4,896,950$0$0$3,022,074
66$5,246,936$0$0$3,240,216
67$5,627,911$0$0$3,477,770
68$6,042,887$0$0$3,736,627
69$6,495,181$0$0$4,018,868
70$6,988,440$0$0$4,326,781
71$7,526,679$0$0$4,662,889
72$8,114,321$0$0$5,029,965
73$8,756,229$0$0$5,431,063
74$9,457,760$0$0$5,869,547
75$10,224,812$0$0$6,349,119
76$11,063,878$0$0$6,873,855
77$11,982,106$0$0$7,448,243
78$12,987,370$0$0$8,077,226
79$14,088,338$0$0$8,766,248
80$15,294,557$0$0$9,521,301
81$16,616,541$0$0$10,348,988
82$18,065,867$0$0$11,256,580
83$19,655,290$0$0$12,252,084
84$21,398,856$0$0$13,344,320
85$23,312,034$0$0$14,543,003
86$25,411,868$0$0$15,858,836
87$27,717,128$0$0$17,303,606
88$30,248,492$0$0$18,890,298
89$33,028,737$0$0$20,633,216
90$36,082,957$0$0$22,548,120
91$39,438,794$0$0$24,652,369
92$43,126,701$0$0$26,965,089
93$47,180,226$0$0$29,507,348
94$51,636,332$0$0$32,302,360
95$56,535,736$0$0$35,375,699
96$61,923,304$0$0$38,755,541
97$67,848,463$0$0$42,472,930
98$74,365,672$0$0$46,562,069
99$81,534,930$0$0$51,060,642
100$89,422,347$0$0$56,010,171