Can I retire at age 35 with 422,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $422,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.3%
1 years$34,848$34,538$34,235$33,940$33,651$32,652
2 years$17,252$16,930$16,619$16,317$16,024$15,026
3 years$11,387$11,064$10,754$10,455$10,166$9,201
4 years$8,455$8,133$7,826$7,532$7,251$6,324
5 years$6,696$6,377$6,073$5,785$5,512$4,628
6 years$5,524$5,207$4,908$4,626$4,361$3,520
7 years$4,688$4,373$4,079$3,804$3,547$2,748
8 years$4,060$3,748$3,459$3,191$2,943$2,186
9 years$3,572$3,264$2,979$2,718$2,478$1,763
10 years$3,183$2,877$2,597$2,343$2,111$1,437
11 years$2,864$2,561$2,287$2,039$1,816$1,181
12 years$2,598$2,299$2,029$1,788$1,574$976
13 years$2,374$2,077$1,813$1,579$1,372$812
14 years$2,182$1,888$1,629$1,402$1,203$678
15 years$2,015$1,725$1,471$1,250$1,059$568
16 years$1,870$1,583$1,334$1,119$936$477
17 years$1,741$1,457$1,213$1,006$830$402
18 years$1,627$1,347$1,108$906$738$339
19 years$1,526$1,248$1,014$819$658$286
20 years$1,434$1,160$931$742$588$242
21 years$1,352$1,080$856$673$526$205
22 years$1,277$1,008$789$612$471$174
23 years$1,208$943$728$557$423$148
24 years$1,146$884$674$508$380$125
25 years$1,088$829$624$464$342$107
26 years$1,035$779$579$424$308$91
27 years$986$734$537$389$278$77
28 years$941$691$500$356$251$66
29 years$898$652$465$326$226$56
30 years$859$616$433$300$205$47
31 years$822$582$404$275$185$40
32 years$788$551$377$253$167$34
33 years$756$522$352$233$151$29
34 years$725$494$329$214$137$25
35 years$697$469$307$197$124$21
36 years$670$445$287$181$112$18
37 years$645$423$269$167$102$15
38 years$621$402$252$154$92$13
39 years$598$382$236$142$84$11
40 years$577$363$221$131$76$10
41 years$557$346$207$121$69$8
42 years$537$329$195$112$63$7
43 years$519$314$183$103$57$6
44 years$501$299$171$95$52$5
45 years$485$285$161$88$47$4
46 years$469$272$151$81$42$4
47 years$454$260$142$75$39$3
48 years$439$248$133$69$35$3
49 years$425$237$125$64$32$2
50 years$412$226$118$59$29$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $422,000, adding $5,870 every year, while hoping to spend $27,132 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: 31/42/27 Blend
34$422,000$422,000$422,000$422,000
35$471,099$448,733$442,192$481,660
36$490,283$441,853$428,137$483,399
37$510,514$433,726$412,702$482,479
38$531,871$424,263$395,812$480,950
39$554,439$413,369$377,389$478,778
40$578,310$400,942$357,350$475,928
41$603,587$386,878$335,611$472,363
42$630,381$371,063$312,081$468,048
43$658,812$353,377$286,668$462,944
44$689,013$333,695$259,274$457,015
45$721,129$311,883$229,796$450,222
46$755,319$287,800$198,129$442,529
47$791,756$261,297$164,161$433,897
48$830,631$232,216$127,777$424,290
49$872,152$200,391$88,853$413,673
50$916,547$165,645$47,265$402,009
51$964,066$127,794$2,881$389,267
52$1,014,985$86,639$0$375,414
53$1,069,603$41,975$0$373,238
54$1,128,252$0$0$371,617
55$1,191,294$0$0$372,708
56$1,259,127$0$0$394,802
57$1,332,188$0$0$418,648
58$1,410,957$0$0$444,408
59$1,495,961$0$0$472,263
60$1,587,780$0$0$502,408
61$1,687,051$0$0$535,061
62$1,794,472$0$0$570,458
63$1,910,814$0$0$608,862
64$2,036,922$0$0$650,560
65$2,173,725$0$0$695,868
66$2,322,248$0$0$745,134
67$2,483,613$0$0$798,742
68$2,659,060$0$0$857,112
69$2,849,949$0$0$920,709
70$3,057,779$0$0$990,041
71$3,284,196$0$0$1,065,672
72$3,531,016$0$0$1,148,217
73$3,800,234$0$0$1,238,359
74$4,094,047$0$0$1,336,846
75$4,414,875$0$0$1,444,501
76$4,765,378$0$0$1,562,233
77$5,148,489$0$0$1,691,042
78$5,567,434$0$0$1,832,026
79$6,025,767$0$0$1,986,399
80$6,527,398$0$0$2,155,495
81$7,076,636$0$0$2,340,782
82$7,678,225$0$0$2,543,880
83$8,337,389$0$0$2,766,570
84$9,059,881$0$0$3,010,816
85$9,852,038$0$0$3,278,779
86$10,720,839$0$0$3,572,842
87$11,673,969$0$0$3,895,628
88$12,719,897$0$0$4,250,026
89$13,867,948$0$0$4,639,220
90$15,128,394$0$0$5,066,716
91$16,512,552$0$0$5,536,376
92$18,032,887$0$0$6,052,457
93$19,703,133$0$0$6,619,646
94$21,538,417$0$0$7,243,109
95$23,555,405$0$0$7,928,535
96$25,772,457$0$0$8,682,193
97$28,209,803$0$0$9,510,990
98$30,889,728$0$0$10,422,535
99$33,836,785$0$0$11,425,213
100$37,078,025$0$0$12,528,261