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%11.8%
1 years$38,152$37,812$37,480$37,157$36,841$36,562
2 years$18,887$18,535$18,194$17,864$17,543$17,263
3 years$12,466$12,113$11,773$11,445$11,130$10,856
4 years$9,256$8,904$8,568$8,246$7,938$7,673
5 years$7,331$6,981$6,649$6,334$6,034$5,778
6 years$6,048$5,701$5,373$5,065$4,775$4,528
7 years$5,132$4,787$4,465$4,164$3,883$3,646
8 years$4,445$4,104$3,787$3,493$3,221$2,994
9 years$3,911$3,573$3,262$2,975$2,713$2,496
10 years$3,484$3,149$2,844$2,565$2,312$2,104
11 years$3,135$2,804$2,503$2,232$1,988$1,790
12 years$2,845$2,516$2,222$1,958$1,723$1,534
13 years$2,599$2,274$1,985$1,729$1,502$1,322
14 years$2,388$2,067$1,783$1,534$1,317$1,146
15 years$2,206$1,888$1,610$1,368$1,160$997
16 years$2,047$1,733$1,460$1,225$1,025$870
17 years$1,906$1,596$1,328$1,101$909$762
18 years$1,782$1,474$1,213$992$808$669
19 years$1,670$1,366$1,110$896$720$589
20 years$1,570$1,270$1,019$812$643$519
21 years$1,480$1,183$937$737$576$459
22 years$1,398$1,104$864$670$516$406
23 years$1,323$1,033$798$610$463$359
24 years$1,254$967$738$557$416$319
25 years$1,191$908$683$508$375$283
26 years$1,133$853$634$465$337$251
27 years$1,079$803$588$425$304$223
28 years$1,030$757$547$390$274$199
29 years$983$714$509$357$248$177
30 years$940$674$474$328$224$157
31 years$900$637$442$301$202$140
32 years$863$603$412$277$183$125
33 years$827$571$385$255$166$112
34 years$794$541$360$234$150$99
35 years$763$513$336$216$136$89
36 years$734$487$315$199$123$79
37 years$706$463$294$183$112$71
38 years$680$440$276$169$101$63
39 years$655$418$258$156$92$56
40 years$632$398$242$143$83$50
41 years$609$379$227$132$76$45
42 years$588$361$213$122$69$40
43 years$568$344$200$113$62$36
44 years$549$328$188$104$56$32
45 years$531$312$176$96$51$29
46 years$513$298$165$89$47$26
47 years$497$284$155$82$42$23
48 years$481$272$146$76$38$21
49 years$466$259$137$70$35$18
50 years$451$248$129$65$32$16

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $462,000, adding $2,675 every year, while hoping to spend $29,111 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: 59/34/7 Blend
34$462,000$462,000$462,000$462,000
35$511,883$487,397$480,236$541,176
36$533,121$480,306$465,350$554,049
37$555,550$471,891$448,990$564,525
38$579,260$462,058$431,075$575,217
39$604,351$450,705$411,522$586,149
40$630,930$437,724$390,243$597,346
41$659,115$423,003$367,147$608,837
42$689,036$406,422$342,138$620,658
43$720,834$387,853$315,115$632,848
44$754,663$367,161$285,975$645,451
45$790,692$344,205$254,609$658,518
46$829,106$318,835$220,902$672,109
47$870,108$290,891$184,735$686,290
48$913,919$260,205$145,984$701,137
49$960,784$226,600$104,520$716,734
50$1,010,969$189,889$60,206$733,179
51$1,064,767$149,872$12,902$750,582
52$1,122,498$106,341$0$769,066
53$1,184,515$59,074$0$791,576
54$1,251,205$7,838$0$816,675
55$1,322,993$0$0$843,584
56$1,400,344$0$0$890,328
57$1,483,770$0$0$943,935
58$1,573,835$0$0$1,001,839
59$1,671,155$0$0$1,064,440
60$1,776,412$0$0$1,132,179
61$1,890,351$0$0$1,205,541
62$2,013,793$0$0$1,285,059
63$2,147,640$0$0$1,371,320
64$2,292,886$0$0$1,464,968
65$2,450,623$0$0$1,566,711
66$2,622,049$0$0$1,677,330
67$2,808,488$0$0$1,797,683
68$3,011,391$0$0$1,928,714
69$3,232,358$0$0$2,071,462
70$3,473,149$0$0$2,227,070
71$3,735,700$0$0$2,396,795
72$4,022,142$0$0$2,582,024
73$4,334,821$0$0$2,784,279
74$4,676,320$0$0$3,005,239
75$5,049,481$0$0$3,246,752
76$5,457,435$0$0$3,510,851
77$5,903,625$0$0$3,799,775
78$6,391,848$0$0$4,115,991
79$6,926,280$0$0$4,462,212
80$7,511,522$0$0$4,841,430
81$8,152,639$0$0$5,256,935
82$8,855,211$0$0$5,712,355
83$9,625,382$0$0$6,211,684
84$10,469,919$0$0$6,759,319
85$11,396,276$0$0$7,360,104
86$12,412,661$0$0$8,019,378
87$13,528,117$0$0$8,743,016
88$14,752,604$0$0$9,537,493
89$16,097,095$0$0$10,409,942
90$17,573,676$0$0$11,368,219
91$19,195,660$0$0$12,420,979
92$20,977,714$0$0$13,577,756
93$22,935,997$0$0$14,849,054
94$25,088,310$0$0$16,246,445
95$27,454,263$0$0$17,782,678
96$30,055,462$0$0$19,471,799
97$32,915,710$0$0$21,329,281
98$36,061,234$0$0$23,372,173
99$39,520,926$0$0$25,619,262
100$43,326,623$0$0$28,091,241