Can I retire at age 35 with 421,000?

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 $421,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.6%
1 years$34,766$34,456$34,154$33,859$33,571$32,800
2 years$17,211$16,890$16,580$16,278$15,986$15,213
3 years$11,360$11,038$10,728$10,430$10,142$9,392
4 years$8,435$8,114$7,807$7,514$7,234$6,512
5 years$6,681$6,362$6,059$5,771$5,499$4,807
6 years$5,511$5,195$4,896$4,616$4,351$3,691
7 years$4,676$4,362$4,069$3,795$3,539$2,909
8 years$4,051$3,739$3,451$3,183$2,936$2,337
9 years$3,564$3,256$2,972$2,711$2,472$1,905
10 years$3,175$2,870$2,591$2,337$2,106$1,569
11 years$2,857$2,555$2,281$2,034$1,812$1,303
12 years$2,592$2,293$2,025$1,784$1,570$1,090
13 years$2,368$2,072$1,809$1,575$1,369$916
14 years$2,176$1,884$1,625$1,398$1,200$774
15 years$2,010$1,721$1,467$1,247$1,057$656
16 years$1,865$1,579$1,330$1,117$934$558
17 years$1,737$1,454$1,211$1,003$828$476
18 years$1,624$1,344$1,105$904$736$406
19 years$1,522$1,245$1,012$817$656$348
20 years$1,431$1,157$928$740$586$298
21 years$1,348$1,078$854$672$525$256
22 years$1,274$1,006$787$611$470$220
23 years$1,205$941$727$556$422$189
24 years$1,143$882$672$507$379$163
25 years$1,085$827$623$463$341$140
26 years$1,033$778$577$423$307$121
27 years$984$732$536$388$277$104
28 years$938$690$498$355$250$90
29 years$896$651$464$326$226$78
30 years$857$614$432$299$204$67
31 years$820$581$403$275$185$58
32 years$786$550$376$252$167$50
33 years$754$520$351$232$151$43
34 years$724$493$328$213$137$37
35 years$695$468$306$196$124$32
36 years$669$444$287$181$112$28
37 years$643$422$268$167$102$24
38 years$620$401$251$154$92$21
39 years$597$381$235$142$84$18
40 years$576$363$221$131$76$16
41 years$555$345$207$121$69$13
42 years$536$329$194$111$62$12
43 years$518$313$182$103$57$10
44 years$500$299$171$95$51$9
45 years$484$285$161$88$47$8
46 years$468$272$151$81$42$7
47 years$453$259$142$75$39$6
48 years$438$247$133$69$35$5
49 years$424$236$125$64$32$4
50 years$411$226$118$59$29$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $421,000, adding $5,618 every year, while hoping to spend $27,279 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: 47/33/20 Blend
34$421,000$421,000$421,000$421,000
35$469,737$447,424$440,898$488,904
36$488,625$440,323$426,644$495,748
37$508,526$431,960$410,998$499,991
38$529,514$422,244$393,884$504,027
39$551,670$411,079$375,224$507,850
40$575,082$398,364$354,936$511,452
41$599,847$383,990$332,933$514,828
42$626,070$367,845$309,126$517,976
43$653,867$349,807$283,419$520,893
44$683,364$329,750$255,716$523,581
45$714,697$307,538$225,912$526,044
46$748,018$283,029$193,902$528,286
47$783,490$256,072$159,572$530,320
48$821,295$226,508$122,807$532,158
49$861,630$194,169$83,483$533,820
50$904,710$158,878$41,474$535,329
51$950,773$120,445$0$536,717
52$1,000,078$78,674$0$538,737
53$1,052,911$33,354$0$550,209
54$1,109,584$0$0$562,358
55$1,170,440$0$0$580,996
56$1,235,855$0$0$614,082
57$1,306,243$0$0$649,719
58$1,382,056$0$0$688,140
59$1,463,793$0$0$729,603
60$1,552,002$0$0$774,391
61$1,647,283$0$0$822,813
62$1,750,298$0$0$875,212
63$1,861,773$0$0$931,962
64$1,982,505$0$0$993,476
65$2,113,374$0$0$1,060,208
66$2,255,344$0$0$1,132,656
67$2,409,477$0$0$1,211,370
68$2,576,940$0$0$1,296,953
69$2,759,017$0$0$1,390,069
70$2,957,122$0$0$1,491,449
71$3,172,810$0$0$1,601,897
72$3,407,791$0$0$1,722,298
73$3,663,947$0$0$1,853,626
74$3,943,351$0$0$1,996,952
75$4,248,283$0$0$2,153,456
76$4,581,253$0$0$2,324,438
77$4,945,026$0$0$2,511,326
78$5,342,642$0$0$2,715,695
79$5,777,452$0$0$2,939,279
80$6,253,143$0$0$3,183,986
81$6,773,775$0$0$3,451,918
82$7,343,821$0$0$3,745,388
83$7,968,204$0$0$4,066,945
84$8,652,347$0$0$4,419,396
85$9,402,220$0$0$4,805,833
86$10,224,402$0$0$5,229,659
87$11,126,135$0$0$5,694,625
88$12,115,399$0$0$6,204,861
89$13,200,981$0$0$6,764,916
90$14,392,562$0$0$7,379,803
91$15,700,804$0$0$8,055,042
92$17,137,453$0$0$8,796,713
93$18,715,448$0$0$9,611,517
94$20,449,043$0$0$10,506,833
95$22,353,940$0$0$11,490,793
96$24,447,438$0$0$12,572,352
97$26,748,595$0$0$13,761,379
98$29,278,406$0$0$15,068,747
99$32,060,004$0$0$16,506,433
100$35,118,874$0$0$18,087,634