Can I retire at age 35 with 417,000?

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 $417,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.1%
1 years$34,435$34,129$33,829$33,537$33,252$32,688
2 years$17,047$16,730$16,422$16,124$15,834$15,268
3 years$11,252$10,933$10,626$10,331$10,046$9,494
4 years$8,355$8,037$7,733$7,443$7,165$6,633
5 years$6,617$6,301$6,001$5,717$5,447$4,935
6 years$5,459$5,145$4,850$4,572$4,310$3,820
7 years$4,632$4,321$4,030$3,759$3,505$3,037
8 years$4,012$3,704$3,418$3,153$2,908$2,461
9 years$3,530$3,225$2,944$2,686$2,449$2,024
10 years$3,145$2,843$2,567$2,315$2,086$1,682
11 years$2,830$2,531$2,260$2,015$1,794$1,411
12 years$2,567$2,271$2,005$1,767$1,555$1,191
13 years$2,346$2,053$1,792$1,560$1,356$1,012
14 years$2,156$1,866$1,610$1,385$1,189$863
15 years$1,991$1,704$1,453$1,235$1,047$740
16 years$1,847$1,564$1,318$1,106$925$636
17 years$1,721$1,440$1,199$994$820$548
18 years$1,608$1,331$1,095$896$729$473
19 years$1,508$1,233$1,002$809$650$409
20 years$1,417$1,146$920$733$581$355
21 years$1,336$1,068$846$665$520$308
22 years$1,261$997$780$605$466$268
23 years$1,194$932$720$551$418$233
24 years$1,132$873$666$502$376$203
25 years$1,075$819$617$459$338$177
26 years$1,023$770$572$419$305$154
27 years$974$725$531$384$275$135
28 years$929$683$494$352$248$118
29 years$888$644$459$323$224$103
30 years$849$609$428$296$202$90
31 years$813$575$399$272$183$79
32 years$779$544$372$250$165$69
33 years$747$515$348$230$150$60
34 years$717$489$325$211$135$53
35 years$689$463$304$195$123$46
36 years$662$440$284$179$111$40
37 years$637$418$266$165$101$35
38 years$614$397$249$152$91$31
39 years$591$377$233$140$83$27
40 years$570$359$219$129$75$24
41 years$550$342$205$119$68$21
42 years$531$326$192$110$62$18
43 years$513$310$180$102$56$16
44 years$495$296$169$94$51$14
45 years$479$282$159$87$46$12
46 years$463$269$149$80$42$11
47 years$448$257$140$74$38$9
48 years$434$245$132$68$35$8
49 years$420$234$124$63$31$7
50 years$407$224$117$58$29$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $417,000, adding $4,896 every year, while hoping to spend $32,815 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: 64/16/20 Blend
34$417,000$417,000$417,000$417,000
35$464,584$442,483$436,020$491,651
36$477,057$429,250$415,711$497,218
37$489,702$414,269$393,623$499,144
38$502,502$397,418$369,660$500,482
39$515,438$378,573$343,725$501,174
40$528,487$357,596$315,713$501,163
41$541,621$334,347$285,518$500,382
42$554,810$308,674$253,027$498,762
43$568,020$280,418$218,122$496,227
44$581,211$249,412$180,682$492,697
45$594,338$215,476$140,579$488,082
46$607,350$178,424$97,678$482,289
47$620,189$138,057$51,840$475,214
48$632,791$94,164$2,919$466,746
49$645,083$46,525$0$456,767
50$656,983$0$0$455,663
51$668,398$0$0$455,022
52$679,227$0$0$462,143
53$689,353$0$0$468,753
54$698,650$0$0$474,760
55$706,972$0$0$480,063
56$714,160$0$0$484,549
57$720,037$0$0$488,091
58$724,404$0$0$490,549
59$727,040$0$0$491,767
60$727,701$0$0$491,572
61$726,114$0$0$489,770
62$721,976$0$0$486,148
63$714,954$0$0$480,469
64$704,674$0$0$472,470
65$690,725$0$0$461,860
66$672,650$0$0$448,315
67$649,942$0$0$431,478
68$622,041$0$0$410,952
69$588,327$0$0$386,300
70$548,114$0$0$357,037
71$500,643$0$0$322,625
72$445,072$0$0$282,473
73$380,475$0$0$235,924
74$305,824$0$0$182,252
75$219,984$0$0$120,658
76$121,702$0$0$50,255
77$9,593$0$0$0
78$0$0$0$0
79$0$0$0$0
80$0$0$0$0
81$0$0$0$0
82$0$0$0$0
83$0$0$0$0
84$0$0$0$0
85$0$0$0$0
86$0$0$0$0
87$0$0$0$0
88$0$0$0$0
89$0$0$0$0
90$0$0$0$0
91$0$0$0$0
92$0$0$0$0
93$0$0$0$0
94$0$0$0$0
95$0$0$0$0
96$0$0$0$0
97$0$0$0$0
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0