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%18.2%
1 years$40,216$39,858$39,508$39,167$38,834$37,546
2 years$19,909$19,538$19,179$18,830$18,492$17,207
3 years$13,141$12,768$12,410$12,065$11,732$10,490
4 years$9,757$9,386$9,031$8,692$8,368$7,178
5 years$7,728$7,359$7,009$6,676$6,361$5,227
6 years$6,375$6,009$5,664$5,339$5,033$3,956
7 years$5,410$5,046$4,707$4,390$4,093$3,073
8 years$4,686$4,326$3,992$3,682$3,396$2,432
9 years$4,123$3,766$3,438$3,136$2,860$1,950
10 years$3,673$3,320$2,997$2,704$2,437$1,581
11 years$3,305$2,955$2,639$2,353$2,096$1,291
12 years$2,998$2,653$2,342$2,064$1,816$1,062
13 years$2,739$2,397$2,092$1,822$1,584$877
14 years$2,518$2,179$1,880$1,617$1,388$728
15 years$2,326$1,991$1,697$1,443$1,222$606
16 years$2,158$1,826$1,539$1,292$1,080$506
17 years$2,010$1,682$1,400$1,161$958$423
18 years$1,878$1,554$1,278$1,046$852$354
19 years$1,761$1,440$1,170$945$759$297
20 years$1,655$1,338$1,074$856$678$250
21 years$1,560$1,247$988$777$607$210
22 years$1,473$1,164$910$706$544$177
23 years$1,394$1,088$841$643$488$149
24 years$1,322$1,020$777$587$439$126
25 years$1,256$957$720$536$395$106
26 years$1,194$899$668$490$356$90
27 years$1,138$847$620$448$321$76
28 years$1,085$798$577$411$289$64
29 years$1,037$753$537$377$261$54
30 years$991$711$500$346$236$46
31 years$949$672$466$318$213$39
32 years$909$636$435$292$193$33
33 years$872$602$406$268$175$28
34 years$837$571$379$247$158$23
35 years$804$541$355$227$143$20
36 years$773$514$332$209$130$17
37 years$744$488$310$193$118$14
38 years$717$464$291$178$107$12
39 years$691$441$272$164$97$10
40 years$666$419$255$151$88$9
41 years$642$399$239$139$80$7
42 years$620$380$225$129$72$6
43 years$599$362$211$119$66$5
44 years$579$345$198$110$60$4
45 years$559$329$186$101$54$4
46 years$541$314$174$94$49$3
47 years$524$300$164$86$45$3
48 years$507$286$154$80$40$2
49 years$491$273$145$74$37$2
50 years$475$261$136$68$33$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $487,000, adding $3,092 every year, while hoping to spend $36,655 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: 61/25/14 Blend
34$487,000$487,000$487,000$487,000
35$539,863$514,052$506,504$570,751
36$555,929$500,240$484,471$578,080
37$572,404$484,523$460,472$581,658
38$589,293$466,768$434,401$584,683
39$606,598$446,836$406,150$587,104
40$624,319$424,579$375,604$588,867
41$642,457$399,841$342,644$589,913
42$661,010$372,456$307,146$590,181
43$679,976$342,250$268,978$589,603
44$699,350$309,037$228,006$588,109
45$719,126$272,622$184,086$585,623
46$739,295$232,798$137,071$582,063
47$759,846$189,348$86,806$577,343
48$780,765$142,041$33,129$571,369
49$802,036$90,633$0$564,042
50$823,637$34,868$0$558,864
51$845,546$0$0$557,629
52$867,733$0$0$562,310
53$890,164$0$0$576,728
54$912,803$0$0$591,264
55$935,604$0$0$605,887
56$958,516$0$0$620,563
57$981,480$0$0$635,251
58$1,004,431$0$0$649,907
59$1,027,292$0$0$664,478
60$1,049,977$0$0$678,906
61$1,072,391$0$0$693,125
62$1,094,423$0$0$707,061
63$1,115,951$0$0$720,630
64$1,136,836$0$0$733,739
65$1,156,924$0$0$746,283
66$1,176,041$0$0$758,144
67$1,193,993$0$0$769,191
68$1,210,563$0$0$779,277
69$1,225,509$0$0$788,237
70$1,238,560$0$0$795,890
71$1,249,417$0$0$802,032
72$1,257,743$0$0$806,437
73$1,263,166$0$0$808,852
74$1,265,272$0$0$809,000
75$1,263,601$0$0$806,568
76$1,257,642$0$0$801,212
77$1,246,826$0$0$792,549
78$1,230,527$0$0$780,156
79$1,208,045$0$0$763,562
80$1,178,608$0$0$742,246
81$1,141,360$0$0$715,631
82$1,095,352$0$0$683,078
83$1,039,536$0$0$643,879
84$972,748$0$0$597,253
85$893,704$0$0$542,334
86$800,982$0$0$478,164
87$693,011$0$0$403,685
88$568,051$0$0$317,727
89$424,183$0$0$218,996
90$259,284$0$0$106,063
91$71,008$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