Can I retire at age 35 with 461,000?

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 $461,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.2%
1 years$38,069$37,730$37,399$37,076$36,761$35,828
2 years$18,846$18,495$18,155$17,825$17,505$16,572
3 years$12,439$12,087$11,747$11,421$11,106$10,201
4 years$9,236$8,885$8,549$8,228$7,921$7,051
5 years$7,315$6,966$6,634$6,320$6,021$5,189
6 years$6,035$5,688$5,362$5,054$4,764$3,971
7 years$5,121$4,777$4,456$4,155$3,875$3,120
8 years$4,435$4,095$3,779$3,486$3,215$2,498
9 years$3,903$3,565$3,255$2,969$2,707$2,028
10 years$3,477$3,143$2,837$2,559$2,307$1,664
11 years$3,128$2,798$2,498$2,227$1,984$1,377
12 years$2,838$2,511$2,217$1,954$1,719$1,147
13 years$2,593$2,269$1,981$1,725$1,499$961
14 years$2,383$2,063$1,780$1,531$1,314$808
15 years$2,201$1,884$1,607$1,365$1,157$682
16 years$2,042$1,729$1,457$1,223$1,023$578
17 years$1,902$1,592$1,326$1,099$907$490
18 years$1,778$1,471$1,210$990$806$417
19 years$1,667$1,364$1,108$895$719$355
20 years$1,567$1,267$1,017$810$642$303
21 years$1,476$1,180$935$735$574$259
22 years$1,395$1,102$862$669$515$222
23 years$1,320$1,030$796$609$462$190
24 years$1,251$965$736$555$415$162
25 years$1,189$906$682$507$374$139
26 years$1,131$851$632$464$337$119
27 years$1,077$801$587$424$304$103
28 years$1,027$755$546$389$274$88
29 years$981$712$508$357$247$76
30 years$938$673$473$327$223$65
31 years$898$636$441$301$202$56
32 years$861$602$411$276$183$48
33 years$826$570$384$254$165$41
34 years$793$540$359$234$150$35
35 years$761$512$336$215$136$30
36 years$732$486$314$198$123$26
37 years$705$462$294$183$111$23
38 years$678$439$275$168$101$19
39 years$654$417$258$155$92$17
40 years$630$397$242$143$83$14
41 years$608$378$227$132$75$12
42 years$587$360$213$122$68$11
43 years$567$343$199$112$62$9
44 years$548$327$187$104$56$8
45 years$530$312$176$96$51$7
46 years$512$297$165$89$46$6
47 years$496$284$155$82$42$5
48 years$480$271$146$76$38$4
49 years$465$259$137$70$35$4
50 years$450$247$129$65$32$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $461,000, adding $3,696 every year, while hoping to spend $30,604 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: 75/8/17 Blend
34$461,000$461,000$461,000$461,000
35$511,834$487,401$480,256$547,984
36$531,479$478,722$463,782$563,730
37$552,102$468,591$445,731$576,841
38$573,770$456,906$426,016$590,397
39$596,557$443,557$404,550$604,433
40$620,543$428,428$381,240$618,989
41$645,814$411,396$355,987$634,109
42$672,464$392,332$328,690$649,843
43$700,598$371,099$299,244$666,247
44$730,327$347,551$267,536$683,380
45$761,774$321,534$233,452$701,312
46$795,072$292,886$196,870$720,119
47$830,368$261,436$157,664$739,884
48$867,821$227,003$115,701$760,701
49$907,607$189,394$70,845$782,675
50$949,915$148,407$22,951$805,920
51$994,956$103,828$0$830,567
52$1,042,957$55,431$0$861,865
53$1,094,170$2,979$0$899,640
54$1,148,869$0$0$939,929
55$1,207,354$0$0$987,694
56$1,269,956$0$0$1,039,114
57$1,337,036$0$0$1,094,224
58$1,408,991$0$0$1,153,354
59$1,486,256$0$0$1,216,861
60$1,569,309$0$0$1,285,141
61$1,658,674$0$0$1,358,627
62$1,754,927$0$0$1,437,793
63$1,858,700$0$0$1,523,163
64$1,970,689$0$0$1,615,311
65$2,091,656$0$0$1,714,866
66$2,222,440$0$0$1,822,522
67$2,363,964$0$0$1,939,040
68$2,517,240$0$0$2,065,257
69$2,683,383$0$0$2,202,094
70$2,863,619$0$0$2,350,564
71$3,059,294$0$0$2,511,779
72$3,271,891$0$0$2,686,963
73$3,503,040$0$0$2,877,464
74$3,754,535$0$0$3,084,764
75$4,028,349$0$0$3,310,494
76$4,326,655$0$0$3,556,446
77$4,651,841$0$0$3,824,597
78$5,006,537$0$0$4,117,119
79$5,393,639$0$0$4,436,405
80$5,816,334$0$0$4,785,086
81$6,278,128$0$0$5,166,063
82$6,782,884$0$0$5,582,525
83$7,334,854$0$0$6,037,987
84$7,938,718$0$0$6,536,316
85$8,599,631$0$0$7,081,772
86$9,323,268$0$0$7,679,045
87$10,115,881$0$0$8,333,300
88$10,984,352$0$0$9,050,226
89$11,936,261$0$0$9,836,086
90$12,979,957$0$0$10,697,780
91$14,124,636$0$0$11,642,907
92$15,380,425$0$0$12,679,837
93$16,758,479$0$0$13,817,788
94$18,271,086$0$0$15,066,915
95$19,931,781$0$0$16,438,404
96$21,755,473$0$0$17,944,577
97$23,758,588$0$0$19,599,007
98$25,959,219$0$0$21,416,648
99$28,377,297$0$0$23,413,972
100$31,034,782$0$0$25,609,128