Can I retire at age 35 with 456,000?

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 $456,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.7%
1 years$37,656$37,321$36,993$36,674$36,362$35,804
2 years$18,642$18,294$17,958$17,632$17,315$16,754
3 years$12,304$11,956$11,620$11,297$10,986$10,439
4 years$9,136$8,789$8,456$8,139$7,835$7,307
5 years$7,236$6,890$6,562$6,251$5,956$5,449
6 years$5,969$5,627$5,303$4,999$4,713$4,227
7 years$5,065$4,725$4,407$4,110$3,833$3,368
8 years$4,387$4,050$3,738$3,448$3,180$2,736
9 years$3,860$3,527$3,219$2,937$2,678$2,254
10 years$3,439$3,108$2,807$2,532$2,282$1,879
11 years$3,094$2,767$2,471$2,203$1,962$1,580
12 years$2,808$2,484$2,193$1,933$1,700$1,337
13 years$2,565$2,245$1,959$1,706$1,483$1,139
14 years$2,357$2,040$1,760$1,515$1,300$974
15 years$2,177$1,864$1,589$1,351$1,144$837
16 years$2,020$1,710$1,441$1,209$1,011$721
17 years$1,882$1,575$1,311$1,087$897$623
18 years$1,759$1,455$1,197$979$797$540
19 years$1,649$1,349$1,096$885$711$469
20 years$1,550$1,253$1,006$801$635$407
21 years$1,460$1,167$925$727$568$355
22 years$1,379$1,090$853$661$509$309
23 years$1,305$1,019$787$602$457$270
24 years$1,238$955$728$549$411$236
25 years$1,176$896$674$502$370$206
26 years$1,118$842$625$459$333$181
27 years$1,065$793$581$420$300$158
28 years$1,016$747$540$385$271$139
29 years$971$705$502$353$245$121
30 years$928$665$468$324$221$106
31 years$889$629$436$297$200$93
32 years$851$595$407$273$181$82
33 years$817$564$380$251$164$72
34 years$784$534$355$231$148$63
35 years$753$507$332$213$134$55
36 years$724$481$311$196$122$49
37 years$697$457$291$181$110$43
38 years$671$434$272$166$100$38
39 years$647$413$255$153$91$33
40 years$623$393$239$142$82$29
41 years$601$374$224$131$75$26
42 years$581$356$210$121$68$22
43 years$561$339$197$111$61$20
44 years$542$323$185$103$56$17
45 years$524$308$174$95$51$15
46 years$507$294$163$88$46$13
47 years$490$281$153$81$42$12
48 years$475$268$144$75$38$10
49 years$460$256$136$69$34$9
50 years$445$244$127$64$31$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $456,000, adding $6,461 every year, while hoping to spend $24,794 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: 36/44/20 Blend
34$456,000$456,000$456,000$456,000
35$509,177$485,009$477,941$524,218
36$534,732$482,393$467,571$533,153
37$562,063$478,819$456,023$540,013
38$591,325$474,212$443,231$546,907
39$622,687$468,496$429,126$553,853
40$656,336$461,587$413,637$560,871
41$692,476$453,399$396,688$567,987
42$731,333$443,840$378,201$575,232
43$773,152$432,811$358,094$582,641
44$818,204$420,209$336,280$590,256
45$866,786$405,925$312,671$598,125
46$919,225$389,842$287,173$606,307
47$975,880$371,838$259,687$614,865
48$1,037,145$351,783$230,111$623,876
49$1,103,453$329,540$198,339$633,426
50$1,175,280$304,963$164,259$643,614
51$1,253,152$277,899$127,755$654,554
52$1,337,643$248,185$88,704$666,373
53$1,429,387$215,651$46,980$679,218
54$1,529,081$180,115$2,451$693,253
55$1,637,492$141,385$0$708,668
56$1,755,463$99,259$0$735,290
57$1,883,922$53,524$0$764,923
58$2,023,889$3,955$0$797,346
59$2,176,489$0$0$832,893
60$2,342,959$0$0$895,997
61$2,524,659$0$0$967,026
62$2,723,088$0$0$1,044,658
63$2,939,896$0$0$1,129,547
64$3,176,898$0$0$1,222,412
65$3,436,094$0$0$1,324,046
66$3,719,685$0$0$1,435,320
67$4,030,096$0$0$1,557,195
68$4,369,995$0$0$1,690,729
69$4,742,323$0$0$1,837,086
70$5,150,315$0$0$1,997,549
71$5,597,536$0$0$2,173,532
72$6,087,914$0$0$2,366,591
73$6,625,773$0$0$2,578,439
74$7,215,875$0$0$2,810,965
75$7,863,467$0$0$3,066,248
76$8,574,328$0$0$3,346,581
77$9,354,824$0$0$3,654,486
78$10,211,967$0$0$3,992,743
79$11,153,481$0$0$4,364,417
80$12,187,876$0$0$4,772,880
81$13,324,527$0$0$5,221,850
82$14,573,761$0$0$5,715,422
83$15,946,956$0$0$6,258,108
84$17,456,648$0$0$6,854,879
85$19,116,645$0$0$7,511,212
86$20,942,164$0$0$8,233,140
87$22,949,968$0$0$9,027,312
88$25,158,526$0$0$9,901,054
89$27,588,189$0$0$10,862,435
90$30,261,378$0$0$11,920,348
91$33,202,796$0$0$13,084,592
92$36,439,664$0$0$14,365,962
93$40,001,973$0$0$15,776,354
94$43,922,770$0$0$17,328,876
95$48,238,467$0$0$19,037,970
96$52,989,185$0$0$20,919,550
97$58,219,134$0$0$22,991,153
98$63,977,028$0$0$25,272,099
99$70,316,541$0$0$27,783,682
100$77,296,822$0$0$30,549,362