Can I retire at age 35 with 471,000?

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 $471,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.5%
1 years$38,895$38,548$38,210$37,880$37,558$36,860
2 years$19,255$18,896$18,549$18,212$17,885$17,184
3 years$12,709$12,349$12,002$11,668$11,347$10,665
4 years$9,437$9,078$8,735$8,406$8,093$7,436
5 years$7,474$7,117$6,778$6,457$6,152$5,521
6 years$6,166$5,812$5,478$5,164$4,868$4,264
7 years$5,232$4,881$4,552$4,245$3,959$3,383
8 years$4,532$4,184$3,861$3,561$3,284$2,735
9 years$3,987$3,643$3,325$3,033$2,766$2,243
10 years$3,552$3,211$2,899$2,615$2,357$1,860
11 years$3,196$2,858$2,552$2,276$2,027$1,556
12 years$2,900$2,565$2,265$1,996$1,756$1,311
13 years$2,649$2,318$2,024$1,762$1,532$1,110
14 years$2,435$2,107$1,818$1,564$1,343$945
15 years$2,249$1,925$1,642$1,395$1,182$807
16 years$2,087$1,766$1,488$1,249$1,045$692
17 years$1,944$1,627$1,354$1,122$926$594
18 years$1,816$1,503$1,236$1,011$824$512
19 years$1,703$1,393$1,132$914$734$442
20 years$1,601$1,295$1,039$828$656$382
21 years$1,509$1,206$955$751$587$330
22 years$1,425$1,126$881$683$526$286
23 years$1,348$1,053$813$622$472$248
24 years$1,279$986$752$567$424$216
25 years$1,214$926$696$518$382$187
26 years$1,155$870$646$474$344$163
27 years$1,100$819$600$434$310$142
28 years$1,050$771$558$397$280$123
29 years$1,003$728$519$364$253$107
30 years$959$687$483$334$228$94
31 years$918$650$451$307$206$82
32 years$879$615$420$282$187$71
33 years$843$582$393$260$169$62
34 years$810$552$367$239$153$54
35 years$778$523$343$220$139$47
36 years$748$497$321$202$126$41
37 years$720$472$300$187$114$36
38 years$693$448$281$172$103$31
39 years$668$426$263$159$94$27
40 years$644$406$247$146$85$24
41 years$621$386$232$135$77$21
42 years$600$368$217$125$70$18
43 years$579$350$204$115$63$16
44 years$560$334$191$106$58$14
45 years$541$319$180$98$52$12
46 years$523$304$169$91$47$11
47 years$506$290$158$84$43$9
48 years$490$277$149$77$39$8
49 years$475$264$140$71$36$7
50 years$460$252$132$66$32$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $471,000, adding $4,029 every year, while hoping to spend $29,845 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: 59/29/12 Blend
34$471,000$471,000$471,000$471,000
35$523,198$498,235$490,934$552,301
36$544,809$490,894$475,626$565,036
37$567,625$482,192$458,804$575,215
38$591,735$472,033$440,387$585,598
39$617,241$460,311$420,289$596,206
40$644,251$446,917$398,420$607,067
41$672,883$431,735$374,685$618,209
42$703,268$414,640$348,988$629,669
43$735,547$395,504$321,225$641,486
44$769,875$374,186$291,288$653,705
45$806,423$350,542$259,068$666,380
46$845,377$324,417$224,445$679,569
47$886,940$295,648$187,298$693,341
48$931,336$264,063$147,500$707,772
49$978,808$229,478$104,918$722,949
50$1,029,626$191,702$59,412$738,972
51$1,084,083$150,530$10,838$755,951
52$1,142,502$105,749$0$774,012
53$1,205,237$57,130$0$798,546
54$1,272,675$4,434$0$826,286
55$1,345,245$0$0$856,041
56$1,423,413$0$0$904,819
57$1,507,695$0$0$958,967
58$1,598,655$0$0$1,017,436
59$1,696,913$0$0$1,080,629
60$1,803,153$0$0$1,148,990
61$1,918,124$0$0$1,223,005
62$2,042,649$0$0$1,303,209
63$2,177,636$0$0$1,390,191
64$2,324,081$0$0$1,484,598
65$2,483,079$0$0$1,587,142
66$2,655,836$0$0$1,698,605
67$2,843,678$0$0$1,819,849
68$3,048,064$0$0$1,951,821
69$3,270,598$0$0$2,095,565
70$3,513,048$0$0$2,252,227
71$3,777,356$0$0$2,423,070
72$4,065,662$0$0$2,609,485
73$4,380,320$0$0$2,813,001
74$4,723,922$0$0$3,035,301
75$5,099,320$0$0$3,278,241
76$5,509,657$0$0$3,543,861
77$5,958,389$0$0$3,834,407
78$6,449,325$0$0$4,152,356
79$6,986,656$0$0$4,500,431
80$7,574,999$0$0$4,881,632
81$8,219,438$0$0$5,299,263
82$8,925,571$0$0$5,756,964
83$9,699,564$0$0$6,258,741
84$10,548,206$0$0$6,809,009
85$11,478,978$0$0$7,412,627
86$12,500,117$0$0$8,074,952
87$13,620,696$0$0$8,801,880
88$14,850,709$0$0$9,599,908
89$16,201,165$0$0$10,476,192
90$17,684,192$0$0$11,438,616
91$19,313,149$0$0$12,495,864
92$21,102,752$0$0$13,657,502
93$23,069,214$0$0$14,934,069
94$25,230,396$0$0$16,337,176
95$27,605,974$0$0$17,879,615
96$30,217,627$0$0$19,575,478
97$33,089,237$0$0$21,440,292
98$36,247,118$0$0$23,491,163
99$39,720,260$0$0$25,746,936
100$43,540,604$0$0$28,228,379