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%12.1%
1 years$38,152$37,812$37,480$37,157$36,841$36,517
2 years$18,887$18,535$18,194$17,864$17,543$17,217
3 years$12,466$12,113$11,773$11,445$11,130$10,811
4 years$9,256$8,904$8,568$8,246$7,938$7,629
5 years$7,331$6,981$6,649$6,334$6,034$5,737
6 years$6,048$5,701$5,373$5,065$4,775$4,488
7 years$5,132$4,787$4,465$4,164$3,883$3,608
8 years$4,445$4,104$3,787$3,493$3,221$2,958
9 years$3,911$3,573$3,262$2,975$2,713$2,461
10 years$3,484$3,149$2,844$2,565$2,312$2,071
11 years$3,135$2,804$2,503$2,232$1,988$1,758
12 years$2,845$2,516$2,222$1,958$1,723$1,504
13 years$2,599$2,274$1,985$1,729$1,502$1,294
14 years$2,388$2,067$1,783$1,534$1,317$1,119
15 years$2,206$1,888$1,610$1,368$1,160$972
16 years$2,047$1,733$1,460$1,225$1,025$847
17 years$1,906$1,596$1,328$1,101$909$740
18 years$1,782$1,474$1,213$992$808$648
19 years$1,670$1,366$1,110$896$720$569
20 years$1,570$1,270$1,019$812$643$501
21 years$1,480$1,183$937$737$576$441
22 years$1,398$1,104$864$670$516$390
23 years$1,323$1,033$798$610$463$344
24 years$1,254$967$738$557$416$305
25 years$1,191$908$683$508$375$270
26 years$1,133$853$634$465$337$239
27 years$1,079$803$588$425$304$212
28 years$1,030$757$547$390$274$188
29 years$983$714$509$357$248$167
30 years$940$674$474$328$224$148
31 years$900$637$442$301$202$132
32 years$863$603$412$277$183$117
33 years$827$571$385$255$166$104
34 years$794$541$360$234$150$93
35 years$763$513$336$216$136$83
36 years$734$487$315$199$123$74
37 years$706$463$294$183$112$66
38 years$680$440$276$169$101$58
39 years$655$418$258$156$92$52
40 years$632$398$242$143$83$46
41 years$609$379$227$132$76$41
42 years$588$361$213$122$69$37
43 years$568$344$200$113$62$33
44 years$549$328$188$104$56$29
45 years$531$312$176$96$51$26
46 years$513$298$165$89$47$23
47 years$497$284$155$82$42$21
48 years$481$272$146$76$38$18
49 years$466$259$137$70$35$16
50 years$451$248$129$65$32$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $462,000, adding $6,788 every year, while hoping to spend $30,310 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: 38/47/15 Blend
34$462,000$462,000$462,000$462,000
35$516,126$491,640$484,479$533,165
36$536,521$483,481$468,459$537,822
37$557,981$473,906$450,887$539,431
38$580,581$462,814$431,679$540,519
39$604,407$450,097$410,746$541,053
40$629,547$435,643$387,996$541,003
41$656,102$419,330$363,335$540,334
42$684,178$401,032$336,661$539,014
43$713,896$380,614$307,871$537,010
44$745,382$357,933$276,853$534,288
45$778,778$332,838$243,494$530,816
46$814,237$305,171$207,675$526,561
47$851,928$274,763$169,271$521,492
48$892,034$241,436$128,152$515,576
49$934,757$205,002$84,181$508,786
50$980,318$165,263$37,216$501,093
51$1,028,958$122,008$0$492,473
52$1,080,941$75,017$0$484,968
53$1,136,558$24,054$0$482,985
54$1,196,127$0$0$480,572
55$1,259,997$0$0$493,846
56$1,328,550$0$0$521,489
57$1,402,207$0$0$551,235
58$1,481,428$0$0$583,277
59$1,566,720$0$0$617,826
60$1,658,639$0$0$655,113
61$1,757,794$0$0$695,392
62$1,864,858$0$0$738,944
63$1,980,567$0$0$786,076
64$2,105,732$0$0$837,126
65$2,241,242$0$0$892,465
66$2,388,078$0$0$952,503
67$2,547,314$0$0$1,017,687
68$2,720,136$0$0$1,088,514
69$2,907,845$0$0$1,165,526
70$3,111,874$0$0$1,249,322
71$3,333,797$0$0$1,340,560
72$3,575,349$0$0$1,439,964
73$3,838,437$0$0$1,548,331
74$4,125,159$0$0$1,666,538
75$4,437,825$0$0$1,795,552
76$4,778,978$0$0$1,936,434
77$5,151,417$0$0$2,090,355
78$5,558,221$0$0$2,258,602
79$6,002,782$0$0$2,442,594
80$6,488,834$0$0$2,643,893
81$7,020,486$0$0$2,864,216
82$7,602,266$0$0$3,105,458
83$8,239,156$0$0$3,369,703
84$8,936,644$0$0$3,659,247
85$9,700,776$0$0$3,976,618
86$10,538,205$0$0$4,324,601
87$11,456,262$0$0$4,706,263
88$12,463,021$0$0$5,124,982
89$13,567,373$0$0$5,584,478
90$14,779,113$0$0$6,088,851
91$16,109,028$0$0$6,642,615
92$17,569,001$0$0$7,250,742
93$19,172,122$0$0$7,918,712
94$20,932,811$0$0$8,652,559
95$22,866,952$0$0$9,458,932
96$24,992,043$0$0$10,345,155
97$27,327,363$0$0$11,319,297
98$29,894,148$0$0$12,390,248
99$32,715,796$0$0$13,567,803
100$35,818,085$0$0$14,862,751