Can I retire at age 35 with 429,000?

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 $429,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.4%
1 years$35,426$35,111$34,803$34,502$34,209$33,726
2 years$17,538$17,211$16,895$16,588$16,290$15,804
3 years$11,576$11,248$10,932$10,628$10,335$9,861
4 years$8,595$8,268$7,956$7,657$7,371$6,914
5 years$6,807$6,482$6,174$5,881$5,603$5,163
6 years$5,616$5,293$4,989$4,703$4,434$4,012
7 years$4,765$4,445$4,146$3,867$3,606$3,202
8 years$4,128$3,811$3,516$3,244$2,991$2,605
9 years$3,632$3,318$3,029$2,763$2,519$2,151
10 years$3,235$2,924$2,640$2,382$2,146$1,796
11 years$2,911$2,603$2,325$2,073$1,846$1,513
12 years$2,641$2,337$2,063$1,818$1,600$1,283
13 years$2,413$2,112$1,843$1,605$1,395$1,095
14 years$2,218$1,919$1,656$1,425$1,223$938
15 years$2,049$1,753$1,495$1,271$1,077$808
16 years$1,901$1,609$1,356$1,138$952$698
17 years$1,770$1,482$1,234$1,022$844$604
18 years$1,654$1,369$1,126$921$750$524
19 years$1,551$1,269$1,031$832$669$456
20 years$1,458$1,179$946$754$597$398
21 years$1,374$1,098$870$684$534$347
22 years$1,298$1,025$802$622$479$303
23 years$1,228$959$741$567$430$265
24 years$1,165$898$685$517$387$232
25 years$1,106$843$634$472$348$204
26 years$1,052$792$588$432$313$179
27 years$1,002$746$546$395$282$157
28 years$956$703$508$362$255$138
29 years$913$663$473$332$230$121
30 years$873$626$440$305$208$106
31 years$836$592$410$280$188$94
32 years$801$560$383$257$170$82
33 years$768$530$358$236$154$72
34 years$738$503$334$218$139$64
35 years$709$477$312$200$126$56
36 years$681$452$292$184$114$49
37 years$656$430$273$170$104$44
38 years$631$408$256$157$94$38
39 years$608$388$240$144$85$34
40 years$587$369$225$133$77$30
41 years$566$352$211$123$70$26
42 years$546$335$198$113$64$23
43 years$527$319$186$105$58$20
44 years$510$304$174$97$52$18
45 years$493$290$164$89$48$16
46 years$477$277$154$82$43$14
47 years$461$264$144$76$39$12
48 years$446$252$136$70$36$11
49 years$432$241$128$65$32$10
50 years$419$230$120$60$29$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $429,000, adding $3,427 every year, while hoping to spend $28,594 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: 47/38/15 Blend
34$429,000$429,000$429,000$429,000
35$476,293$453,556$446,906$496,516
36$494,451$445,356$431,454$502,688
37$513,503$435,797$414,526$506,189
38$533,510$424,780$396,042$509,365
39$554,537$412,204$375,919$512,197
40$576,658$397,960$354,070$514,664
41$599,950$381,933$330,404$516,748
42$624,498$364,001$304,826$518,430
43$650,397$344,037$277,237$519,691
44$677,746$321,903$247,534$520,514
45$706,657$297,457$215,606$520,882
46$737,249$270,546$181,343$520,778
47$769,655$241,010$144,625$520,190
48$804,019$208,678$105,328$519,105
49$840,497$173,371$63,325$517,513
50$879,262$134,901$18,481$515,406
51$920,502$93,066$0$512,781
52$964,421$47,654$0$514,339
53$1,011,247$0$0$518,844
54$1,061,225$0$0$524,020
55$1,114,626$0$0$550,871
56$1,171,746$0$0$579,623
57$1,232,911$0$0$610,444
58$1,298,476$0$0$643,517
59$1,368,833$0$0$679,043
60$1,444,410$0$0$717,245
61$1,525,679$0$0$758,365
62$1,613,157$0$0$802,670
63$1,707,410$0$0$850,453
64$1,809,064$0$0$902,036
65$1,918,802$0$0$957,773
66$2,037,378$0$0$1,018,053
67$2,165,619$0$0$1,083,302
68$2,304,434$0$0$1,153,992
69$2,454,822$0$0$1,230,638
70$2,617,883$0$0$1,313,808
71$2,794,826$0$0$1,404,127
72$2,986,979$0$0$1,502,283
73$3,195,804$0$0$1,609,031
74$3,422,911$0$0$1,725,204
75$3,670,068$0$0$1,851,715
76$3,939,223$0$0$1,989,572
77$4,232,519$0$0$2,139,884
78$4,552,312$0$0$2,303,871
79$4,901,199$0$0$2,482,874
80$5,282,035$0$0$2,678,371
81$5,697,966$0$0$2,891,990
82$6,152,452$0$0$3,125,521
83$6,649,305$0$0$3,380,937
84$7,192,720$0$0$3,660,409
85$7,787,316$0$0$3,966,327
86$8,438,181$0$0$4,301,324
87$9,150,915$0$0$4,668,299
88$9,931,688$0$0$5,070,446
89$10,787,292$0$0$5,511,280
90$11,725,208$0$0$5,994,674
91$12,753,677$0$0$6,524,893
92$13,881,773$0$0$7,106,636
93$15,119,493$0$0$7,745,077
94$16,477,846$0$0$8,445,916
95$17,968,960$0$0$9,215,432
96$19,606,194$0$0$10,060,542
97$21,404,265$0$0$10,988,864
98$23,379,384$0$0$12,008,794
99$25,549,410$0$0$13,129,577
100$27,934,016$0$0$14,361,400