Can I retire at age 35 with 453,000?

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 $453,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.5%
1 years$37,408$37,075$36,750$36,433$36,123$35,452
2 years$18,519$18,174$17,840$17,516$17,201$16,528
3 years$12,223$11,877$11,544$11,222$10,913$10,258
4 years$9,076$8,731$8,401$8,085$7,783$7,152
5 years$7,188$6,845$6,519$6,210$5,917$5,310
6 years$5,930$5,590$5,269$4,966$4,682$4,101
7 years$5,032$4,694$4,378$4,083$3,808$3,253
8 years$4,358$4,024$3,713$3,425$3,159$2,630
9 years$3,835$3,503$3,198$2,918$2,660$2,158
10 years$3,416$3,088$2,788$2,515$2,267$1,789
11 years$3,074$2,749$2,455$2,189$1,949$1,497
12 years$2,789$2,467$2,178$1,920$1,689$1,261
13 years$2,548$2,230$1,946$1,695$1,473$1,068
14 years$2,342$2,027$1,749$1,505$1,291$909
15 years$2,163$1,852$1,579$1,342$1,137$776
16 years$2,007$1,699$1,431$1,201$1,005$665
17 years$1,869$1,565$1,303$1,079$891$572
18 years$1,747$1,446$1,189$973$792$492
19 years$1,638$1,340$1,089$879$706$425
20 years$1,540$1,245$999$796$631$367
21 years$1,451$1,160$919$723$564$318
22 years$1,370$1,083$847$657$506$275
23 years$1,297$1,012$782$598$454$239
24 years$1,230$949$723$546$408$207
25 years$1,168$890$670$498$367$180
26 years$1,111$837$621$456$331$157
27 years$1,058$787$577$417$298$136
28 years$1,010$742$536$382$269$119
29 years$964$700$499$350$243$103
30 years$922$661$465$322$220$90
31 years$883$625$433$295$199$78
32 years$846$591$404$271$180$68
33 years$811$560$378$250$163$60
34 years$779$531$353$230$147$52
35 years$748$503$330$211$133$45
36 years$719$478$309$195$121$40
37 years$692$454$289$179$109$35
38 years$667$431$270$165$99$30
39 years$642$410$253$152$90$26
40 years$619$390$237$141$82$23
41 years$597$371$223$130$74$20
42 years$577$354$209$120$67$17
43 years$557$337$196$111$61$15
44 years$538$321$184$102$55$13
45 years$520$306$173$94$50$12
46 years$503$292$162$87$46$10
47 years$487$279$152$80$41$9
48 years$471$266$143$74$38$8
49 years$457$254$135$69$34$7
50 years$442$243$127$63$31$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $453,000, adding $2,161 every year, while hoping to spend $29,678 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: 78/17/5 Blend
34$453,000$453,000$453,000$453,000
35$501,435$477,426$470,405$540,261
36$521,004$469,243$454,586$557,833
37$541,575$459,664$437,243$573,000
38$563,218$448,590$418,293$588,741
39$586,010$435,914$397,649$605,100
40$610,035$421,526$375,223$622,124
41$635,384$405,307$350,919$639,866
42$662,158$387,132$324,639$658,384
43$690,465$366,868$296,281$677,744
44$720,423$344,375$265,737$698,016
45$752,162$319,505$232,895$719,279
46$785,823$292,101$197,638$741,622
47$821,561$261,999$159,843$765,142
48$859,546$229,022$119,383$789,946
49$899,962$192,986$76,125$816,153
50$943,012$153,696$29,928$843,896
51$988,917$110,946$0$873,322
52$1,037,921$64,516$0$905,626
53$1,090,289$14,178$0$941,725
54$1,146,314$0$0$980,228
55$1,206,315$0$0$1,028,906
56$1,270,643$0$0$1,083,948
57$1,339,683$0$0$1,143,032
58$1,413,857$0$0$1,206,521
59$1,493,629$0$0$1,274,814
60$1,579,508$0$0$1,348,346
61$1,672,052$0$0$1,427,600
62$1,771,877$0$0$1,513,102
63$1,879,655$0$0$1,605,431
64$1,996,129$0$0$1,705,224
65$2,122,113$0$0$1,813,182
66$2,258,502$0$0$1,930,074
67$2,406,281$0$0$2,056,744
68$2,566,531$0$0$2,194,124
69$2,740,444$0$0$2,343,235
70$2,929,328$0$0$2,505,204
71$3,134,623$0$0$2,681,266
72$3,357,913$0$0$2,872,783
73$3,600,940$0$0$3,081,253
74$3,865,622$0$0$3,308,323
75$4,154,070$0$0$3,555,808
76$4,468,605$0$0$3,825,701
77$4,811,784$0$0$4,120,201
78$5,186,420$0$0$4,441,725
79$5,595,609$0$0$4,792,933
80$6,042,761$0$0$5,176,757
81$6,531,629$0$0$5,596,422
82$7,066,345$0$0$6,055,478
83$7,651,460$0$0$6,557,838
84$8,291,984$0$0$7,107,806
85$8,993,433$0$0$7,710,125
86$9,761,884$0$0$8,370,016
87$10,604,027$0$0$9,093,230
88$11,527,231$0$0$9,886,100
89$12,539,612$0$0$10,755,602
90$13,650,109$0$0$11,709,418
91$14,868,568$0$0$12,756,010
92$16,205,833$0$0$13,904,701
93$17,673,850$0$0$15,165,756
94$19,285,779$0$0$16,550,487
95$21,056,113$0$0$18,071,352
96$23,000,822$0$0$19,742,075
97$25,137,497$0$0$21,577,777
98$27,485,515$0$0$23,595,114
99$30,066,228$0$0$25,812,435
100$32,903,155$0$0$28,249,959