Can I retire at age 35 with 448,000?

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 $448,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.1%
1 years$36,995$36,666$36,344$36,031$35,724$35,263
2 years$18,315$17,973$17,643$17,322$17,011$16,548
3 years$12,088$11,746$11,416$11,099$10,793$10,341
4 years$8,976$8,634$8,308$7,996$7,698$7,260
5 years$7,109$6,770$6,447$6,142$5,852$5,431
6 years$5,865$5,528$5,210$4,912$4,630$4,226
7 years$4,976$4,642$4,330$4,038$3,766$3,379
8 years$4,310$3,979$3,672$3,387$3,124$2,754
9 years$3,793$3,465$3,163$2,885$2,631$2,278
10 years$3,379$3,054$2,757$2,487$2,242$1,905
11 years$3,040$2,719$2,428$2,165$1,928$1,608
12 years$2,758$2,440$2,154$1,899$1,671$1,366
13 years$2,520$2,205$1,925$1,676$1,457$1,168
14 years$2,316$2,004$1,729$1,488$1,277$1,003
15 years$2,139$1,831$1,561$1,327$1,124$865
16 years$1,985$1,680$1,416$1,188$994$749
17 years$1,849$1,547$1,288$1,068$881$650
18 years$1,728$1,430$1,176$962$783$565
19 years$1,620$1,325$1,077$869$698$493
20 years$1,523$1,231$988$787$624$431
21 years$1,435$1,147$909$715$558$377
22 years$1,355$1,071$838$650$500$330
23 years$1,283$1,001$773$592$449$289
24 years$1,216$938$715$540$404$254
25 years$1,155$880$662$493$363$223
26 years$1,099$827$614$451$327$196
27 years$1,047$779$571$412$295$173
28 years$998$734$530$378$266$152
29 years$954$692$494$347$240$134
30 years$912$654$460$318$217$118
31 years$873$618$429$292$196$104
32 years$836$585$400$268$178$92
33 years$802$554$373$247$161$81
34 years$770$525$349$227$146$71
35 years$740$498$326$209$132$63
36 years$712$473$305$193$119$56
37 years$685$449$286$177$108$49
38 years$659$426$267$164$98$43
39 years$635$406$251$151$89$38
40 years$612$386$235$139$81$34
41 years$591$367$220$128$73$30
42 years$570$350$207$118$66$26
43 years$551$333$194$109$60$23
44 years$532$318$182$101$55$21
45 years$515$303$171$93$50$18
46 years$498$289$160$86$45$16
47 years$482$276$151$80$41$14
48 years$466$263$142$74$37$13
49 years$451$251$133$68$34$11
50 years$437$240$125$63$31$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $448,000, adding $2,300 every year, while hoping to spend $20,960 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: 76/17/7 Blend
34$448,000$448,000$448,000$448,000
35$496,068$472,324$465,380$533,156
36$524,366$473,167$458,669$558,696
37$554,848$473,348$451,031$583,767
38$587,714$472,814$442,412$610,638
39$623,185$471,506$432,757$639,480
40$661,503$469,363$422,008$670,480
41$702,934$466,320$410,103$703,846
42$747,771$462,307$396,979$739,805
43$796,335$457,252$382,569$778,609
44$848,980$451,076$366,804$820,535
45$906,094$443,697$349,610$865,889
46$968,105$435,027$330,912$915,008
47$1,035,483$424,975$310,629$968,263
48$1,108,746$413,443$288,678$1,026,065
49$1,188,463$400,326$264,973$1,088,865
50$1,275,259$385,515$239,423$1,157,161
51$1,369,824$368,893$211,932$1,231,504
52$1,472,916$350,339$182,402$1,312,499
53$1,585,370$329,722$150,729$1,400,815
54$1,708,103$306,904$116,804$1,497,188
55$1,842,128$281,741$80,515$1,602,432
56$1,988,557$254,078$41,744$1,717,443
57$2,148,615$223,753$368$1,843,209
58$2,323,652$190,596$0$1,980,821
59$2,515,153$154,423$0$2,134,751
60$2,724,754$115,045$0$2,303,296
61$2,954,254$72,258$0$2,487,900
62$3,205,639$25,849$0$2,690,188
63$3,481,092$0$0$2,911,948
64$3,783,017$0$0$3,159,717
65$4,114,065$0$0$3,436,705
66$4,477,153$0$0$3,740,518
67$4,875,495$0$0$4,073,847
68$5,312,630$0$0$4,439,658
69$5,792,458$0$0$4,841,216
70$6,319,274$0$0$5,282,117
71$6,897,808$0$0$5,766,323
72$7,533,272$0$0$6,298,199
73$8,231,409$0$0$6,882,554
74$8,998,542$0$0$7,524,684
75$9,841,640$0$0$8,230,425
76$10,768,380$0$0$9,006,205
77$11,787,217$0$0$9,859,107
78$12,907,471$0$0$10,796,935
79$14,139,407$0$0$11,828,286
80$15,494,334$0$0$12,962,631
81$16,984,714$0$0$14,210,408
82$18,624,277$0$0$15,583,113
83$20,428,149$0$0$17,093,417
84$22,412,998$0$0$18,755,278
85$24,597,189$0$0$20,584,076
86$27,000,957$0$0$22,596,757
87$29,646,597$0$0$24,811,996
88$32,558,676$0$0$27,250,365
89$35,764,262$0$0$29,934,535
90$39,293,184$0$0$32,889,487
91$43,178,306$0$0$36,142,745
92$47,455,843$0$0$39,724,639
93$52,165,699$0$0$43,668,589
94$57,351,845$0$0$48,011,422
95$63,062,733$0$0$52,793,715
96$69,351,753$0$0$58,060,184
97$76,277,737$0$0$63,860,101
98$83,905,513$0$0$70,247,758
99$92,306,517$0$0$77,282,986
100$101,559,465$0$0$85,031,710