Can I retire at age 35 with 892,000?

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 $892,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.4%
1 years$73,661$73,004$72,364$71,739$71,129$68,442
2 years$36,466$35,786$35,128$34,490$33,871$31,195
3 years$24,069$23,387$22,730$22,098$21,489$18,909
4 years$17,872$17,192$16,542$15,920$15,326$12,861
5 years$14,154$13,479$12,837$12,228$11,651$9,306
6 years$11,677$11,006$10,374$9,779$9,219$6,997
7 years$9,908$9,243$8,621$8,040$7,497$5,398
8 years$8,582$7,923$7,311$6,745$6,220$4,241
9 years$7,551$6,898$6,297$5,745$5,238$3,377
10 years$6,727$6,081$5,490$4,952$4,463$2,716
11 years$6,053$5,413$4,833$4,310$3,838$2,201
12 years$5,492$4,859$4,290$3,780$3,326$1,795
13 years$5,018$4,391$3,832$3,337$2,901$1,471
14 years$4,611$3,991$3,443$2,963$2,543$1,210
15 years$4,259$3,646$3,109$2,642$2,239$999
16 years$3,952$3,345$2,819$2,366$1,979$827
17 years$3,681$3,081$2,565$2,126$1,754$685
18 years$3,440$2,847$2,341$1,916$1,560$569
19 years$3,225$2,638$2,143$1,731$1,390$473
20 years$3,032$2,452$1,967$1,568$1,242$394
21 years$2,857$2,284$1,809$1,423$1,111$329
22 years$2,698$2,132$1,668$1,294$996$274
23 years$2,554$1,994$1,540$1,178$894$229
24 years$2,421$1,868$1,424$1,075$804$191
25 years$2,300$1,753$1,319$981$723$160
26 years$2,188$1,648$1,223$897$651$133
27 years$2,084$1,551$1,136$821$587$112
28 years$1,988$1,461$1,056$752$530$93
29 years$1,899$1,378$983$690$479$78
30 years$1,816$1,302$915$633$432$65
31 years$1,738$1,231$853$582$391$55
32 years$1,666$1,164$796$535$354$46
33 years$1,597$1,103$743$492$320$38
34 years$1,534$1,045$695$452$290$32
35 years$1,473$991$649$416$262$27
36 years$1,417$941$607$383$238$22
37 years$1,363$894$569$353$216$19
38 years$1,313$849$532$326$195$16
39 years$1,265$807$499$300$177$13
40 years$1,220$768$468$277$161$11
41 years$1,176$731$438$255$146$9
42 years$1,136$696$411$236$132$8
43 years$1,097$664$386$218$120$6
44 years$1,060$633$362$201$109$5
45 years$1,025$603$340$186$99$5
46 years$991$575$319$171$90$4
47 years$959$549$300$158$82$3
48 years$928$524$282$146$74$3
49 years$899$501$265$135$67$2
50 years$871$478$249$125$61$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $892,000, adding $6,305 every year, while hoping to spend $32,081 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: 42/30/28 Blend
34$892,000$892,000$892,000$892,000
35$989,488$942,212$928,386$1,022,709
36$1,056,281$954,246$925,353$1,059,253
37$1,128,813$965,795$921,143$1,095,312
38$1,207,634$976,801$915,683$1,133,751
39$1,293,350$987,202$908,896$1,174,810
40$1,386,629$996,932$900,702$1,218,753
41$1,488,206$1,005,922$891,016$1,265,874
42$1,598,888$1,014,097$879,749$1,316,499
43$1,719,564$1,021,378$866,811$1,370,986
44$1,851,214$1,027,679$852,103$1,429,735
45$1,994,913$1,032,911$835,524$1,493,186
46$2,151,849$1,036,978$816,968$1,561,828
47$2,323,325$1,039,778$796,325$1,636,200
48$2,510,780$1,041,203$773,478$1,716,899
49$2,715,796$1,041,138$748,305$1,804,588
50$2,940,114$1,039,461$720,680$1,899,997
51$3,185,652$1,036,041$690,470$2,003,935
52$3,454,523$1,030,742$657,535$2,117,295
53$3,749,053$1,023,417$621,731$2,241,068
54$4,071,804$1,013,911$582,906$2,376,345
55$4,425,596$1,002,061$540,901$2,524,335
56$4,813,536$987,691$495,551$2,686,374
57$5,239,047$970,619$446,682$2,863,936
58$5,705,898$950,647$394,114$3,058,654
59$6,218,240$927,569$337,658$3,272,329
60$6,780,647$901,167$277,116$3,506,952
61$7,398,157$871,207$212,282$3,764,722
62$8,076,317$837,445$142,942$4,048,067
63$8,821,241$799,620$68,871$4,359,671
64$9,639,664$757,457$0$4,702,496
65$10,539,004$710,666$0$5,082,853
66$11,527,433$658,940$0$5,523,472
67$12,613,955$601,952$0$6,007,817
68$13,808,491$539,360$0$6,540,373
69$15,121,969$470,800$0$7,126,082
70$16,566,429$395,889$0$7,770,395
71$18,155,138$314,220$0$8,479,326
72$19,902,711$225,366$0$9,259,502
73$21,825,253$128,875$0$10,118,235
74$23,940,507$24,268$0$11,063,586
75$26,268,023$0$0$12,104,443
76$28,829,341$0$0$13,279,977
77$31,648,196$0$0$14,582,659
78$34,750,740$0$0$16,016,580
79$38,165,787$0$0$17,595,076
80$41,925,090$0$0$19,332,840
81$46,063,632$0$0$21,246,062
82$50,619,965$0$0$23,352,583
83$55,636,565$0$0$25,672,061
84$61,160,240$0$0$28,226,157
85$67,242,565$0$0$31,038,741
86$73,940,373$0$0$34,136,115
87$81,316,287$0$0$37,547,260
88$89,439,316$0$0$41,304,114
89$98,385,500$0$0$45,441,868
90$108,238,630$0$0$49,999,302
91$119,091,042$0$0$55,019,150
92$131,044,479$0$0$60,548,499
93$144,211,061$0$0$66,639,239
94$158,714,335$0$0$73,348,552
95$174,690,447$0$0$80,739,445
96$192,289,420$0$0$88,881,354
97$211,676,575$0$0$97,850,792
98$233,034,090$0$0$107,732,074
99$256,562,717$0$0$118,618,113
100$282,483,677$0$0$130,611,294