Can I retire at age 35 with 434,000?

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 $434,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.5%
1 years$35,839$35,520$35,209$34,905$34,608$33,826
2 years$17,742$17,412$17,092$16,781$16,480$15,697
3 years$11,711$11,379$11,059$10,752$10,456$9,695
4 years$8,695$8,365$8,048$7,746$7,457$6,725
5 years$6,887$6,558$6,246$5,950$5,669$4,968
6 years$5,681$5,355$5,048$4,758$4,485$3,816
7 years$4,821$4,497$4,195$3,912$3,648$3,010
8 years$4,176$3,855$3,557$3,282$3,026$2,419
9 years$3,674$3,356$3,064$2,795$2,549$1,973
10 years$3,273$2,959$2,671$2,409$2,171$1,626
11 years$2,945$2,634$2,352$2,097$1,868$1,351
12 years$2,672$2,364$2,087$1,839$1,618$1,131
13 years$2,441$2,136$1,865$1,624$1,411$952
14 years$2,244$1,942$1,675$1,441$1,237$804
15 years$2,072$1,774$1,513$1,286$1,089$682
16 years$1,923$1,628$1,371$1,151$963$581
17 years$1,791$1,499$1,248$1,034$854$495
18 years$1,674$1,385$1,139$932$759$423
19 years$1,569$1,284$1,043$842$676$363
20 years$1,475$1,193$957$763$604$311
21 years$1,390$1,111$880$692$541$267
22 years$1,313$1,037$811$629$485$230
23 years$1,242$970$749$573$435$198
24 years$1,178$909$693$523$391$170
25 years$1,119$853$642$477$352$147
26 years$1,064$802$595$437$317$127
27 years$1,014$754$553$400$286$109
28 years$967$711$514$366$258$94
29 years$924$671$478$336$233$82
30 years$883$633$445$308$210$70
31 years$846$599$415$283$190$61
32 years$810$566$387$260$172$53
33 years$777$536$362$239$156$46
34 years$746$508$338$220$141$39
35 years$717$482$316$203$128$34
36 years$689$458$296$187$116$29
37 years$663$435$277$172$105$25
38 years$639$413$259$158$95$22
39 years$615$393$243$146$86$19
40 years$593$374$228$135$78$17
41 years$572$356$213$124$71$14
42 years$553$339$200$115$64$12
43 years$534$323$188$106$58$11
44 years$516$308$176$98$53$9
45 years$499$293$165$90$48$8
46 years$482$280$155$83$44$7
47 years$467$267$146$77$40$6
48 years$452$255$137$71$36$5
49 years$437$244$129$66$33$5
50 years$424$233$121$61$30$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $434,000, adding $4,721 every year, while hoping to spend $32,480 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: 53/22/25 Blend
34$434,000$434,000$434,000$434,000
35$483,138$460,136$453,409$505,164
36$497,859$448,124$434,039$508,873
37$512,994$434,435$412,933$509,179
38$528,549$418,952$389,996$508,848
39$544,533$401,553$365,133$507,828
40$560,953$382,106$338,242$506,070
41$577,814$360,474$309,217$503,517
42$595,125$336,510$277,950$500,112
43$612,890$310,062$244,323$495,791
44$631,115$280,965$208,218$490,491
45$649,803$249,046$169,508$484,140
46$668,958$214,125$128,062$476,666
47$688,583$176,008$83,743$467,989
48$708,678$134,493$36,408$458,027
49$729,244$89,363$0$446,691
50$750,278$40,393$0$437,651
51$771,777$0$0$437,654
52$793,736$0$0$439,980
53$816,147$0$0$452,325
54$838,999$0$0$464,905
55$862,279$0$0$477,711
56$885,972$0$0$490,733
57$910,057$0$0$503,958
58$934,511$0$0$517,372
59$959,305$0$0$530,958
60$984,407$0$0$544,695
61$1,009,778$0$0$558,560
62$1,035,373$0$0$572,525
63$1,061,141$0$0$586,561
64$1,087,022$0$0$600,631
65$1,112,948$0$0$614,694
66$1,138,843$0$0$628,706
67$1,164,619$0$0$642,612
68$1,190,177$0$0$656,355
69$1,215,405$0$0$669,869
70$1,240,177$0$0$683,077
71$1,264,351$0$0$695,896
72$1,287,768$0$0$708,233
73$1,310,248$0$0$719,980
74$1,331,592$0$0$731,019
75$1,351,576$0$0$741,219
76$1,369,949$0$0$750,432
77$1,386,432$0$0$758,494
78$1,400,714$0$0$765,221
79$1,412,448$0$0$770,408
80$1,421,247$0$0$773,830
81$1,426,684$0$0$775,233
82$1,428,280$0$0$774,336
83$1,425,505$0$0$770,830
84$1,417,770$0$0$764,367
85$1,404,423$0$0$754,565
86$1,384,738$0$0$740,999
87$1,357,913$0$0$723,197
88$1,323,058$0$0$700,637
89$1,279,187$0$0$672,742
90$1,225,208$0$0$638,872
91$1,159,913$0$0$598,319
92$1,081,964$0$0$550,299
93$989,882$0$0$493,947
94$882,031$0$0$428,303
95$756,601$0$0$352,309
96$611,593$0$0$264,793
97$444,795$0$0$164,462
98$253,764$0$0$49,886
99$35,802$0$0$0
100$0$0$0$0