Can I retire at age 35 with 470,000?

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 $470,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.9%
1 years$38,812$38,466$38,129$37,800$37,478$37,025
2 years$19,214$18,856$18,509$18,173$17,847$17,391
3 years$12,682$12,323$11,977$11,644$11,323$10,878
4 years$9,417$9,058$8,716$8,389$8,076$7,646
5 years$7,458$7,102$6,764$6,443$6,139$5,725
6 years$6,153$5,799$5,466$5,153$4,857$4,460
7 years$5,221$4,870$4,543$4,236$3,950$3,570
8 years$4,522$4,175$3,852$3,554$3,277$2,913
9 years$3,979$3,635$3,318$3,027$2,760$2,412
10 years$3,545$3,204$2,893$2,609$2,352$2,020
11 years$3,190$2,852$2,547$2,271$2,022$1,707
12 years$2,894$2,560$2,260$1,992$1,753$1,452
13 years$2,644$2,314$2,019$1,759$1,528$1,243
14 years$2,430$2,103$1,814$1,561$1,340$1,069
15 years$2,244$1,921$1,638$1,392$1,180$924
16 years$2,082$1,763$1,485$1,247$1,043$800
17 years$1,939$1,623$1,351$1,120$924$696
18 years$1,813$1,500$1,234$1,009$822$606
19 years$1,699$1,390$1,129$912$733$529
20 years$1,597$1,292$1,037$826$654$463
21 years$1,505$1,203$953$750$586$405
22 years$1,422$1,123$879$682$525$356
23 years$1,346$1,050$811$621$471$312
24 years$1,276$984$750$566$423$275
25 years$1,212$924$695$517$381$242
26 years$1,153$868$645$473$343$213
27 years$1,098$817$599$433$309$188
28 years$1,048$770$556$396$279$165
29 years$1,001$726$518$364$252$146
30 years$957$686$482$334$228$129
31 years$916$648$450$306$206$114
32 years$878$613$420$282$186$100
33 years$842$581$392$259$169$89
34 years$808$551$366$238$153$78
35 years$776$522$342$219$138$69
36 years$746$496$320$202$125$61
37 years$718$471$300$186$114$54
38 years$692$447$281$172$103$48
39 years$666$425$263$158$93$42
40 years$643$405$246$146$85$38
41 years$620$385$231$135$77$33
42 years$598$367$217$124$70$29
43 years$578$350$203$115$63$26
44 years$558$333$191$106$57$23
45 years$540$318$179$98$52$20
46 years$522$303$168$90$47$18
47 years$505$289$158$83$43$16
48 years$489$276$149$77$39$14
49 years$474$264$140$71$35$13
50 years$459$252$131$66$32$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $470,000, adding $5,388 every year, while hoping to spend $40,302 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: 30/46/24 Blend
34$470,000$470,000$470,000$470,000
35$523,498$498,588$491,303$535,180
36$534,013$480,138$464,880$526,163
37$544,251$459,432$436,222$512,531
38$554,140$436,320$405,210$497,040
39$563,600$410,637$371,723$479,556
40$572,542$382,213$335,631$459,936
41$580,867$350,868$296,800$438,025
42$588,465$316,409$255,092$413,660
43$595,210$278,635$210,359$386,666
44$600,965$237,332$162,450$356,857
45$605,576$192,274$111,204$324,034
46$608,871$143,222$56,457$287,984
47$610,661$89,924$0$248,479
48$610,733$32,116$0$205,780
49$608,853$0$0$174,585
50$604,760$0$0$155,622
51$598,163$0$0$152,045
52$588,744$0$0$147,491
53$576,144$0$0$141,841
54$559,972$0$0$134,962
55$539,789$0$0$126,709
56$515,112$0$0$116,921
57$485,406$0$0$105,419
58$450,080$0$0$92,006
59$408,479$0$0$76,464
60$359,877$0$0$58,551
61$303,475$0$0$38,001
62$238,386$0$0$14,519
63$163,633$0$0$0
64$78,135$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