Can I retire at age 35 with 420,000?

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 $420,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.5%
1 years$34,683$34,374$34,073$33,779$33,491$32,342
2 years$17,170$16,850$16,540$16,240$15,948$14,802
3 years$11,333$11,012$10,703$10,405$10,118$9,011
4 years$8,415$8,095$7,789$7,496$7,216$6,157
5 years$6,665$6,346$6,044$5,758$5,486$4,476
6 years$5,498$5,182$4,885$4,605$4,341$3,382
7 years$4,665$4,352$4,059$3,786$3,530$2,623
8 years$4,041$3,731$3,443$3,176$2,929$2,072
9 years$3,556$3,248$2,965$2,705$2,466$1,659
10 years$3,167$2,863$2,585$2,332$2,101$1,342
11 years$2,850$2,549$2,276$2,029$1,807$1,094
12 years$2,586$2,288$2,020$1,780$1,566$897
13 years$2,363$2,067$1,805$1,571$1,366$740
14 years$2,171$1,879$1,621$1,395$1,197$613
15 years$2,006$1,717$1,464$1,244$1,054$509
16 years$1,861$1,575$1,327$1,114$932$424
17 years$1,733$1,451$1,208$1,001$826$354
18 years$1,620$1,340$1,102$902$734$296
19 years$1,518$1,242$1,009$815$655$248
20 years$1,427$1,154$926$738$585$208
21 years$1,345$1,075$852$670$523$174
22 years$1,270$1,004$785$609$469$146
23 years$1,202$939$725$555$421$123
24 years$1,140$880$671$506$378$104
25 years$1,083$825$621$462$341$87
26 years$1,030$776$576$422$307$73
27 years$981$730$535$387$277$62
28 years$936$688$497$354$250$52
29 years$894$649$463$325$225$44
30 years$855$613$431$298$204$37
31 years$818$579$402$274$184$31
32 years$784$548$375$252$167$26
33 years$752$519$350$231$151$22
34 years$722$492$327$213$136$19
35 years$694$467$306$196$124$16
36 years$667$443$286$181$112$13
37 years$642$421$268$166$101$11
38 years$618$400$251$153$92$9
39 years$596$380$235$141$83$8
40 years$574$362$220$130$76$7
41 years$554$344$206$120$69$6
42 years$535$328$194$111$62$5
43 years$516$312$182$102$57$4
44 years$499$298$171$95$51$3
45 years$482$284$160$87$47$3
46 years$467$271$150$81$42$2
47 years$452$259$141$75$38$2
48 years$437$247$133$69$35$2
49 years$423$236$125$64$32$1
50 years$410$225$117$59$29$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $420,000, adding $4,117 every year, while hoping to spend $29,825 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: 62/10/28 Blend
34$420,000$420,000$420,000$420,000
35$467,087$444,827$438,317$492,306
36$482,996$434,890$421,267$499,988
37$499,528$423,466$402,646$504,775
38$516,716$410,452$382,370$509,365
39$534,593$395,736$360,352$513,747
40$553,197$379,202$336,499$517,905
41$572,566$360,726$310,715$521,828
42$592,744$340,178$282,900$525,500
43$613,776$317,419$252,949$528,909
44$635,712$292,303$220,753$532,040
45$658,603$264,674$186,197$534,882
46$682,508$234,371$149,163$537,422
47$707,489$201,220$109,524$539,647
48$733,611$165,038$67,152$541,546
49$760,947$125,633$21,909$543,110
50$789,576$82,801$0$544,330
51$819,582$36,328$0$553,076
52$851,057$0$0$568,963
53$884,100$0$0$587,022
54$918,820$0$0$610,208
55$955,335$0$0$634,602
56$993,772$0$0$660,293
57$1,034,271$0$0$687,375
58$1,076,983$0$0$715,951
59$1,122,075$0$0$746,133
60$1,169,726$0$0$778,044
61$1,220,133$0$0$811,817
62$1,273,511$0$0$847,600
63$1,330,095$0$0$885,551
64$1,390,141$0$0$925,846
65$1,453,930$0$0$968,674
66$1,521,768$0$0$1,014,245
67$1,593,991$0$0$1,062,788
68$1,670,966$0$0$1,114,552
69$1,753,096$0$0$1,169,812
70$1,840,821$0$0$1,228,869
71$1,934,625$0$0$1,292,050
72$2,035,037$0$0$1,359,719
73$2,142,638$0$0$1,432,269
74$2,258,066$0$0$1,510,136
75$2,382,019$0$0$1,593,797
76$2,515,264$0$0$1,683,774
77$2,658,644$0$0$1,780,642
78$2,813,084$0$0$1,885,032
79$2,979,599$0$0$1,997,637
80$3,159,306$0$0$2,119,219
81$3,353,430$0$0$2,250,613
82$3,563,319$0$0$2,392,739
83$3,790,453$0$0$2,546,607
84$4,036,461$0$0$2,713,329
85$4,303,132$0$0$2,894,127
86$4,592,435$0$0$3,090,343
87$4,906,533$0$0$3,303,454
88$5,247,809$0$0$3,535,087
89$5,618,879$0$0$3,787,029
90$6,022,627$0$0$4,061,247
91$6,462,221$0$0$4,359,906
92$6,941,151$0$0$4,685,386
93$7,463,254$0$0$5,040,310
94$8,032,757$0$0$5,427,562
95$8,654,308$0$0$5,850,318
96$9,333,028$0$0$6,312,072
97$10,074,550$0$0$6,816,674
98$10,885,078$0$0$7,368,360
99$11,771,442$0$0$7,971,793
100$12,741,163$0$0$8,632,111