Can I retire at age 35 with 487,000?

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 $487,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.6%
1 years$40,216$39,858$39,508$39,167$38,834$37,941
2 years$19,909$19,538$19,179$18,830$18,492$17,598
3 years$13,141$12,768$12,410$12,065$11,732$10,864
4 years$9,757$9,386$9,031$8,692$8,368$7,532
5 years$7,728$7,359$7,009$6,676$6,361$5,561
6 years$6,375$6,009$5,664$5,339$5,033$4,269
7 years$5,410$5,046$4,707$4,390$4,093$3,365
8 years$4,686$4,326$3,992$3,682$3,396$2,704
9 years$4,123$3,766$3,438$3,136$2,860$2,203
10 years$3,673$3,320$2,997$2,704$2,437$1,815
11 years$3,305$2,955$2,639$2,353$2,096$1,507
12 years$2,998$2,653$2,342$2,064$1,816$1,261
13 years$2,739$2,397$2,092$1,822$1,584$1,060
14 years$2,518$2,179$1,880$1,617$1,388$895
15 years$2,326$1,991$1,697$1,443$1,222$759
16 years$2,158$1,826$1,539$1,292$1,080$645
17 years$2,010$1,682$1,400$1,161$958$550
18 years$1,878$1,554$1,278$1,046$852$470
19 years$1,761$1,440$1,170$945$759$402
20 years$1,655$1,338$1,074$856$678$345
21 years$1,560$1,247$988$777$607$296
22 years$1,473$1,164$910$706$544$254
23 years$1,394$1,088$841$643$488$219
24 years$1,322$1,020$777$587$439$188
25 years$1,256$957$720$536$395$162
26 years$1,194$899$668$490$356$140
27 years$1,138$847$620$448$321$121
28 years$1,085$798$577$411$289$104
29 years$1,037$753$537$377$261$90
30 years$991$711$500$346$236$77
31 years$949$672$466$318$213$67
32 years$909$636$435$292$193$58
33 years$872$602$406$268$175$50
34 years$837$571$379$247$158$43
35 years$804$541$355$227$143$37
36 years$773$514$332$209$130$32
37 years$744$488$310$193$118$28
38 years$717$464$291$178$107$24
39 years$691$441$272$164$97$21
40 years$666$419$255$151$88$18
41 years$642$399$239$139$80$16
42 years$620$380$225$129$72$13
43 years$599$362$211$119$66$12
44 years$579$345$198$110$60$10
45 years$559$329$186$101$54$9
46 years$541$314$174$94$49$8
47 years$524$300$164$86$45$7
48 years$507$286$154$80$40$6
49 years$491$273$145$74$37$5
50 years$475$261$136$68$33$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $487,000, adding $3,135 every year, while hoping to spend $20,797 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: 67/25/8 Blend
34$487,000$487,000$487,000$487,000
35$539,908$514,097$506,548$575,069
36$572,850$517,160$501,390$601,881
37$608,456$519,676$495,361$628,390
38$646,975$521,596$488,412$656,818
39$688,681$522,869$480,489$687,352
40$733,876$523,439$471,534$720,194
41$782,892$523,248$461,491$755,570
42$836,093$522,233$450,298$793,727
43$893,882$520,329$437,890$834,939
44$956,698$517,466$424,200$879,509
45$1,025,029$513,570$409,158$927,769
46$1,099,408$508,561$392,691$980,087
47$1,180,424$502,356$374,722$1,036,871
48$1,268,722$494,867$355,170$1,098,566
49$1,365,016$485,999$333,952$1,165,668
50$1,470,088$475,654$310,980$1,238,721
51$1,584,802$463,725$286,163$1,318,328
52$1,710,106$450,103$259,404$1,405,153
53$1,847,047$434,668$230,604$1,499,928
54$1,996,775$417,296$199,658$1,603,462
55$2,160,557$397,854$166,458$1,716,647
56$2,339,788$376,203$130,888$1,840,466
57$2,536,004$352,195$92,831$1,976,006
58$2,750,898$325,674$52,163$2,124,464
59$2,986,332$296,475$8,752$2,287,163
60$3,244,358$264,422$0$2,465,559
61$3,527,235$229,331$0$2,664,469
62$3,837,452$191,007$0$2,883,465
63$4,177,750$149,245$0$3,123,769
64$4,551,148$103,825$0$3,387,554
65$4,960,972$54,519$0$3,677,214
66$5,410,884$1,084$0$3,995,389
67$5,904,920$0$0$4,344,993
68$6,447,524$0$0$4,744,845
69$7,043,594$0$0$5,184,455
70$7,698,523$0$0$5,667,508
71$8,418,254$0$0$6,198,390
72$9,209,334$0$0$6,781,936
73$10,078,975$0$0$7,423,470
74$11,035,124$0$0$8,128,858
75$12,086,535$0$0$8,904,564
76$13,242,853$0$0$9,757,709
77$14,514,706$0$0$10,696,138
78$15,913,802$0$0$11,728,496
79$17,453,041$0$0$12,864,307
80$19,146,638$0$0$14,114,065
81$21,010,253$0$0$15,489,333
82$23,061,143$0$0$17,002,850
83$25,318,320$0$0$18,668,655
84$27,802,735$0$0$20,502,215
85$30,537,472$0$0$22,520,573
86$33,547,967$0$0$24,742,507
87$36,862,245$0$0$27,188,712
88$40,511,190$0$0$29,881,987
89$44,528,830$0$0$32,847,456
90$48,952,663$0$0$36,112,806
91$53,824,007$0$0$39,708,540
92$59,188,390$0$0$43,668,275
93$65,095,982$0$0$48,029,050
94$71,602,065$0$0$52,831,683
95$78,767,557$0$0$58,121,150
96$86,659,584$0$0$63,947,013
97$95,352,117$0$0$70,363,885
98$104,926,666$0$0$77,431,948
99$115,473,051$0$0$85,217,518
100$127,090,249$0$0$93,793,673