Can I retire at age 35 with 462,000?

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 $462,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.9%
1 years$38,152$37,812$37,480$37,157$36,841$35,519
2 years$18,887$18,535$18,194$17,864$17,543$16,226
3 years$12,466$12,113$11,773$11,445$11,130$9,859
4 years$9,256$8,904$8,568$8,246$7,938$6,723
5 years$7,331$6,981$6,649$6,334$6,034$4,878
6 years$6,048$5,701$5,373$5,065$4,775$3,677
7 years$5,132$4,787$4,465$4,164$3,883$2,845
8 years$4,445$4,104$3,787$3,493$3,221$2,242
9 years$3,911$3,573$3,262$2,975$2,713$1,790
10 years$3,484$3,149$2,844$2,565$2,312$1,445
11 years$3,135$2,804$2,503$2,232$1,988$1,175
12 years$2,845$2,516$2,222$1,958$1,723$961
13 years$2,599$2,274$1,985$1,729$1,502$791
14 years$2,388$2,067$1,783$1,534$1,317$653
15 years$2,206$1,888$1,610$1,368$1,160$541
16 years$2,047$1,733$1,460$1,225$1,025$449
17 years$1,906$1,596$1,328$1,101$909$374
18 years$1,782$1,474$1,213$992$808$311
19 years$1,670$1,366$1,110$896$720$260
20 years$1,570$1,270$1,019$812$643$217
21 years$1,480$1,183$937$737$576$182
22 years$1,398$1,104$864$670$516$152
23 years$1,323$1,033$798$610$463$128
24 years$1,254$967$738$557$416$107
25 years$1,191$908$683$508$375$90
26 years$1,133$853$634$465$337$75
27 years$1,079$803$588$425$304$63
28 years$1,030$757$547$390$274$53
29 years$983$714$509$357$248$45
30 years$940$674$474$328$224$37
31 years$900$637$442$301$202$32
32 years$863$603$412$277$183$26
33 years$827$571$385$255$166$22
34 years$794$541$360$234$150$19
35 years$763$513$336$216$136$16
36 years$734$487$315$199$123$13
37 years$706$463$294$183$112$11
38 years$680$440$276$169$101$9
39 years$655$418$258$156$92$8
40 years$632$398$242$143$83$7
41 years$609$379$227$132$76$6
42 years$588$361$213$122$69$5
43 years$568$344$200$113$62$4
44 years$549$328$188$104$56$3
45 years$531$312$176$96$51$3
46 years$513$298$165$89$47$2
47 years$497$284$155$82$42$2
48 years$481$272$146$76$38$2
49 years$466$259$137$70$35$1
50 years$451$248$129$65$32$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $462,000, adding $2,313 every year, while hoping to spend $42,265 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: 61/9/30 Blend
34$462,000$462,000$462,000$462,000
35$511,510$487,024$479,863$538,426
36$518,714$465,918$450,969$535,949
37$525,237$442,362$419,690$528,520
38$530,964$416,191$385,902$519,535
39$535,768$387,229$349,475$508,851
40$539,507$355,294$310,274$496,315
41$542,023$320,191$268,155$481,756
42$543,143$281,713$222,971$464,994
43$542,670$239,644$174,567$445,828
44$540,389$193,753$122,782$424,041
45$536,060$143,799$67,447$399,397
46$529,417$89,523$8,385$371,638
47$520,165$30,657$0$340,485
48$507,976$0$0$323,122
49$492,489$0$0$309,001
50$473,302$0$0$295,408
51$449,971$0$0$279,008
52$422,006$0$0$259,470
53$388,860$0$0$236,426
54$349,934$0$0$209,473
55$304,563$0$0$178,161
56$252,009$0$0$141,997
57$191,461$0$0$100,432
58$122,020$0$0$52,862
59$42,694$0$0$0
60$0$0$0$0
61$0$0$0$0
62$0$0$0$0
63$0$0$0$0
64$0$0$0$0
65$0$0$0$0
66$0$0$0$0
67$0$0$0$0
68$0$0$0$0
69$0$0$0$0
70$0$0$0$0
71$0$0$0$0
72$0$0$0$0
73$0$0$0$0
74$0$0$0$0
75$0$0$0$0
76$0$0$0$0
77$0$0$0$0
78$0$0$0$0
79$0$0$0$0
80$0$0$0$0
81$0$0$0$0
82$0$0$0$0
83$0$0$0$0
84$0$0$0$0
85$0$0$0$0
86$0$0$0$0
87$0$0$0$0
88$0$0$0$0
89$0$0$0$0
90$0$0$0$0
91$0$0$0$0
92$0$0$0$0
93$0$0$0$0
94$0$0$0$0
95$0$0$0$0
96$0$0$0$0
97$0$0$0$0
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0