Can I retire at age 35 with 891,000?

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 $891,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.7%
1 years$73,578$72,923$72,283$71,659$71,050$69,672
2 years$36,425$35,746$35,089$34,451$33,833$32,451
3 years$24,042$23,361$22,705$22,073$21,465$20,121
4 years$17,852$17,173$16,523$15,903$15,309$14,014
5 years$14,139$13,463$12,823$12,215$11,638$10,395
6 years$11,664$10,994$10,363$9,768$9,209$8,020
7 years$9,897$9,233$8,611$8,031$7,489$6,354
8 years$8,573$7,914$7,303$6,737$6,213$5,132
9 years$7,543$6,891$6,290$5,738$5,232$4,204
10 years$6,720$6,074$5,484$4,947$4,458$3,482
11 years$6,046$5,407$4,828$4,305$3,834$2,909
12 years$5,486$4,853$4,285$3,776$3,323$2,447
13 years$5,012$4,386$3,828$3,334$2,897$2,070
14 years$4,606$3,987$3,440$2,959$2,540$1,759
15 years$4,255$3,642$3,105$2,639$2,236$1,501
16 years$3,947$3,341$2,816$2,363$1,976$1,284
17 years$3,677$3,077$2,562$2,123$1,752$1,102
18 years$3,436$2,843$2,339$1,913$1,558$948
19 years$3,221$2,635$2,141$1,729$1,389$817
20 years$3,028$2,449$1,965$1,566$1,240$705
21 years$2,854$2,281$1,807$1,421$1,110$609
22 years$2,695$2,129$1,666$1,292$995$527
23 years$2,551$1,991$1,538$1,177$893$456
24 years$2,419$1,866$1,422$1,073$803$396
25 years$2,297$1,751$1,317$980$722$343
26 years$2,185$1,646$1,222$896$651$298
27 years$2,082$1,549$1,135$820$587$259
28 years$1,986$1,459$1,055$752$529$225
29 years$1,897$1,377$982$689$478$196
30 years$1,814$1,300$914$633$432$170
31 years$1,736$1,229$852$581$391$148
32 years$1,664$1,163$795$534$353$129
33 years$1,596$1,101$743$491$320$112
34 years$1,532$1,044$694$452$289$98
35 years$1,472$990$649$416$262$85
36 years$1,415$940$607$383$238$74
37 years$1,362$893$568$353$215$64
38 years$1,311$848$532$325$195$56
39 years$1,263$807$498$300$177$49
40 years$1,218$767$467$277$161$43
41 years$1,175$730$438$255$146$37
42 years$1,134$696$411$236$132$32
43 years$1,096$663$385$217$120$28
44 years$1,059$632$362$201$109$25
45 years$1,023$603$340$185$99$21
46 years$990$575$319$171$90$19
47 years$958$549$300$158$81$16
48 years$927$524$282$146$74$14
49 years$898$500$265$135$67$12
50 years$870$478$249$125$61$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $891,000, adding $4,047 every year, while hoping to spend $57,550 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: 47/43/10 Blend
34$891,000$891,000$891,000$891,000
35$986,056$938,833$925,023$1,029,497
36$1,025,401$923,604$894,778$1,044,612
37$1,066,831$905,699$861,592$1,054,704
38$1,110,496$884,927$825,304$1,064,344
39$1,156,564$861,085$785,748$1,073,510
40$1,205,213$833,957$742,751$1,082,180
41$1,256,641$803,317$696,129$1,090,336
42$1,311,062$768,924$645,693$1,097,959
43$1,368,710$730,521$591,244$1,105,036
44$1,429,842$687,841$532,574$1,111,557
45$1,494,738$640,597$469,468$1,117,516
46$1,563,704$588,488$401,697$1,122,911
47$1,637,073$531,196$329,025$1,127,749
48$1,715,213$468,383$251,206$1,132,042
49$1,798,525$399,694$167,982$1,135,810
50$1,887,449$324,753$79,083$1,139,084
51$1,982,464$243,162$0$1,141,906
52$2,084,100$154,501$0$1,146,013
53$2,192,935$58,328$0$1,158,904
54$2,309,603$0$0$1,172,249
55$2,434,801$0$0$1,207,870
56$2,569,291$0$0$1,275,852
57$2,713,913$0$0$1,349,028
58$2,869,586$0$0$1,427,874
59$3,037,323$0$0$1,512,912
60$3,218,232$0$0$1,604,715
61$3,413,534$0$0$1,703,912
62$3,624,568$0$0$1,811,196
63$3,852,807$0$0$1,927,328
64$4,099,871$0$0$2,053,144
65$4,367,539$0$0$2,189,564
66$4,657,768$0$0$2,337,599
67$4,972,709$0$0$2,498,362
68$5,314,729$0$0$2,673,076
69$5,686,432$0$0$2,863,088
70$6,090,681$0$0$3,069,877
71$6,530,626$0$0$3,295,073
72$7,009,736$0$0$3,540,470
73$7,531,823$0$0$3,808,040
74$8,101,086$0$0$4,099,955
75$8,722,147$0$0$4,418,606
76$9,400,090$0$0$4,766,623
77$10,140,514$0$0$5,146,903
78$10,949,583$0$0$5,562,636
79$11,834,081$0$0$6,017,332
80$12,801,478$0$0$6,514,858
81$13,860,000$0$0$7,059,469
82$15,018,703$0$0$7,655,854
83$16,287,561$0$0$8,309,174
84$17,677,557$0$0$9,025,114
85$19,200,785$0$0$9,809,934
86$20,870,566$0$0$10,670,531
87$22,701,570$0$0$11,614,497
88$24,709,957$0$0$12,650,199
89$26,913,523$0$0$13,786,850
90$29,331,872$0$0$15,034,598
91$31,986,597$0$0$16,404,624
92$34,901,485$0$0$17,909,241
93$38,102,738$0$0$19,562,018
94$41,619,219$0$0$21,377,897
95$45,482,727$0$0$23,373,344
96$49,728,290$0$0$25,566,496
97$54,394,500$0$0$27,977,335
98$59,523,872$0$0$30,627,875
99$65,163,246$0$0$33,542,372
100$71,364,226$0$0$36,747,547