Can I retire at age 35 with 500,000?

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 $500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.9%
1 years$41,290$40,922$40,563$40,213$39,871$38,441
2 years$20,440$20,060$19,691$19,333$18,986$17,561
3 years$13,492$13,109$12,741$12,387$12,046$10,670
4 years$10,018$9,637$9,272$8,924$8,591$7,275
5 years$7,934$7,555$7,196$6,855$6,531$5,279
6 years$6,545$6,169$5,815$5,482$5,168$3,980
7 years$5,554$5,181$4,832$4,507$4,203$3,079
8 years$4,811$4,441$4,098$3,781$3,486$2,426
9 years$4,233$3,867$3,530$3,220$2,936$1,938
10 years$3,771$3,408$3,077$2,776$2,502$1,563
11 years$3,393$3,034$2,709$2,416$2,152$1,271
12 years$3,079$2,723$2,404$2,119$1,864$1,040
13 years$2,813$2,461$2,148$1,871$1,626$856
14 years$2,585$2,237$1,930$1,661$1,425$706
15 years$2,388$2,044$1,743$1,481$1,255$585
16 years$2,215$1,875$1,580$1,326$1,109$486
17 years$2,063$1,727$1,438$1,191$983$404
18 years$1,928$1,596$1,312$1,074$874$337
19 years$1,808$1,479$1,202$970$779$281
20 years$1,699$1,374$1,103$879$696$235
21 years$1,601$1,280$1,014$798$623$197
22 years$1,512$1,195$935$725$558$165
23 years$1,431$1,118$863$660$501$138
24 years$1,357$1,047$798$602$451$116
25 years$1,289$983$739$550$405$97
26 years$1,226$923$686$503$365$82
27 years$1,168$869$637$460$329$68
28 years$1,114$819$592$422$297$57
29 years$1,064$773$551$387$268$48
30 years$1,018$730$513$355$242$41
31 years$974$690$478$326$219$34
32 years$934$653$446$300$198$29
33 years$895$618$417$276$179$24
34 years$860$586$389$254$162$20
35 years$826$556$364$233$147$17
36 years$794$527$341$215$133$14
37 years$764$501$319$198$121$12
38 years$736$476$298$183$110$10
39 years$709$453$280$168$99$9
40 years$684$431$262$155$90$7
41 years$659$410$246$143$82$6
42 years$637$390$231$132$74$5
43 years$615$372$216$122$67$4
44 years$594$355$203$113$61$4
45 years$574$338$191$104$55$3
46 years$555$323$179$96$50$3
47 years$538$308$168$89$46$2
48 years$520$294$158$82$42$2
49 years$504$281$149$76$38$2
50 years$488$268$140$70$34$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $500,000, adding $4,641 every year, while hoping to spend $20,741 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: 51/37/12 Blend
34$500,000$500,000$500,000$500,000
35$555,787$529,287$521,537$582,122
36$590,409$533,154$516,940$604,503
37$627,868$536,515$511,495$626,236
38$668,430$539,324$505,149$649,389
39$712,389$541,531$497,852$674,101
40$760,070$543,083$489,547$700,528
41$811,827$543,924$480,176$728,839
42$868,052$543,994$469,680$759,224
43$929,174$543,231$457,996$791,893
44$995,667$541,566$445,056$827,076
45$1,068,051$538,929$430,791$865,031
46$1,146,900$535,244$415,130$906,041
47$1,232,843$530,431$397,997$950,420
48$1,326,575$524,404$379,311$998,515
49$1,428,858$517,072$358,991$1,050,710
50$1,540,535$508,342$336,950$1,107,429
51$1,662,529$498,110$313,098$1,169,143
52$1,795,859$486,270$287,339$1,236,369
53$1,941,648$472,708$259,576$1,309,683
54$2,101,129$457,304$229,705$1,389,719
55$2,275,663$439,930$197,618$1,477,177
56$2,466,745$420,452$163,203$1,572,834
57$2,676,026$398,727$126,343$1,677,546
58$2,905,320$374,604$86,915$1,792,260
59$3,156,626$347,923$44,791$1,918,022
60$3,432,148$318,517$0$2,055,987
61$3,734,309$286,206$0$2,207,452
62$4,065,781$250,802$0$2,379,930
63$4,429,506$212,107$0$2,569,255
64$4,828,725$169,910$0$2,777,166
65$5,267,008$123,989$0$3,005,583
66$5,748,287$74,108$0$3,256,627
67$6,276,894$20,021$0$3,532,633
68$6,857,600$0$0$3,836,184
69$7,495,664$0$0$4,185,816
70$8,196,875$0$0$4,579,063
71$8,967,615$0$0$5,011,360
72$9,814,911$0$0$5,486,656
73$10,746,509$0$0$6,009,303
74$11,770,940$0$0$6,584,095
75$12,897,603$0$0$7,216,313
76$14,136,857$0$0$7,911,777
77$15,500,110$0$0$8,676,900
78$16,999,936$0$0$9,518,747
79$18,650,187$0$0$10,445,101
80$20,466,126$0$0$11,464,540
81$22,464,570$0$0$12,586,513
82$24,664,048$0$0$13,821,435
83$27,084,978$0$0$15,180,778
84$29,749,857$0$0$16,677,185
85$32,683,472$0$0$18,324,586
86$35,913,139$0$0$20,138,332
87$39,468,955$0$0$22,135,336
88$43,384,083$0$0$24,334,236
89$47,695,067$0$0$26,755,568
90$52,442,175$0$0$29,421,962
91$57,669,777$0$0$32,358,353
92$63,426,767$0$0$35,592,221
93$69,767,022$0$0$39,153,842
94$76,749,911$0$0$43,076,582
95$84,440,854$0$0$47,397,206
96$92,911,941$0$0$52,156,229
97$102,242,610$0$0$57,398,293
98$112,520,396$0$0$63,172,596
99$123,841,762$0$0$69,533,347
100$136,313,002$0$0$76,540,285