Can I retire at age 35 with 481,000?

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 $481,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.5%
1 years$39,721$39,367$39,022$38,685$38,356$36,892
2 years$19,664$19,297$18,942$18,598$18,265$16,807
3 years$12,979$12,611$12,257$11,916$11,588$10,183
4 years$9,637$9,270$8,920$8,585$8,265$6,922
5 years$7,633$7,268$6,922$6,594$6,283$5,007
6 years$6,297$5,935$5,594$5,273$4,971$3,762
7 years$5,343$4,984$4,649$4,335$4,043$2,901
8 years$4,628$4,272$3,943$3,637$3,354$2,278
9 years$4,072$3,720$3,396$3,098$2,825$1,812
10 years$3,628$3,279$2,960$2,670$2,407$1,457
11 years$3,264$2,919$2,606$2,324$2,070$1,180
12 years$2,962$2,620$2,313$2,038$1,794$962
13 years$2,706$2,368$2,067$1,800$1,564$788
14 years$2,487$2,152$1,857$1,598$1,371$648
15 years$2,297$1,966$1,676$1,425$1,207$534
16 years$2,131$1,804$1,520$1,276$1,067$442
17 years$1,985$1,661$1,383$1,146$946$366
18 years$1,855$1,535$1,263$1,033$841$304
19 years$1,739$1,423$1,156$933$750$252
20 years$1,635$1,322$1,061$845$670$210
21 years$1,541$1,231$976$767$599$175
22 years$1,455$1,149$899$698$537$146
23 years$1,377$1,075$830$635$482$122
24 years$1,306$1,007$768$579$433$101
25 years$1,240$945$711$529$390$85
26 years$1,180$888$660$484$351$71
27 years$1,124$836$613$443$317$59
28 years$1,072$788$569$406$286$49
29 years$1,024$743$530$372$258$41
30 years$979$702$494$341$233$35
31 years$937$664$460$314$211$29
32 years$898$628$429$288$191$24
33 years$861$595$401$265$173$20
34 years$827$564$375$244$156$17
35 years$794$534$350$224$142$14
36 years$764$507$328$207$128$12
37 years$735$482$307$190$116$10
38 years$708$458$287$176$105$8
39 years$682$435$269$162$96$7
40 years$658$414$252$149$87$6
41 years$634$394$236$138$79$5
42 years$612$376$222$127$71$4
43 years$591$358$208$117$65$3
44 years$571$341$195$108$59$3
45 years$552$325$183$100$53$2
46 years$534$310$172$92$48$2
47 years$517$296$162$85$44$2
48 years$501$283$152$79$40$1
49 years$485$270$143$73$36$1
50 years$470$258$134$67$33$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $481,000, adding $2,779 every year, while hoping to spend $37,920 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: 59/12/29 Blend
34$481,000$481,000$481,000$481,000
35$532,929$507,436$499,980$560,010
36$546,941$491,953$476,383$563,373
37$561,111$474,442$450,724$562,788
38$575,416$454,761$422,895$561,370
39$589,828$432,763$392,781$559,048
40$604,315$408,293$360,264$555,747
41$618,840$381,185$325,218$551,384
42$633,364$351,265$287,515$545,873
43$647,837$318,347$247,017$539,118
44$662,209$282,238$203,584$531,018
45$676,417$242,731$157,067$521,464
46$690,394$199,607$107,311$510,339
47$704,064$152,638$54,156$497,514
48$717,340$101,579$0$482,853
49$730,127$46,174$0$467,005
50$742,316$0$0$466,948
51$753,786$0$0$467,622
52$764,403$0$0$473,817
53$774,015$0$0$479,336
54$782,454$0$0$484,070
55$789,533$0$0$487,896
56$795,043$0$0$490,677
57$798,752$0$0$492,261
58$800,401$0$0$492,481
59$799,704$0$0$491,148
60$796,343$0$0$488,055
61$789,963$0$0$482,971
62$780,173$0$0$475,641
63$766,537$0$0$465,779
64$748,575$0$0$453,074
65$725,752$0$0$437,175
66$697,477$0$0$417,698
67$663,095$0$0$394,216
68$621,882$0$0$366,258
69$573,037$0$0$333,300
70$515,673$0$0$294,766
71$448,809$0$0$250,017
72$371,363$0$0$198,346
73$282,135$0$0$138,974
74$179,802$0$0$71,039
75$62,901$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