Can I retire at age 35 with 501,000?

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 $501,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12%
1 years$41,372$41,004$40,644$40,293$39,950$39,616
2 years$20,481$20,100$19,730$19,372$19,024$18,687
3 years$13,519$13,135$12,767$12,412$12,070$11,740
4 years$10,038$9,656$9,291$8,942$8,608$8,289
5 years$7,950$7,570$7,210$6,868$6,544$6,236
6 years$6,559$6,182$5,827$5,493$5,178$4,882
7 years$5,565$5,191$4,842$4,516$4,211$3,927
8 years$4,820$4,450$4,107$3,788$3,493$3,221
9 years$4,241$3,875$3,537$3,227$2,942$2,681
10 years$3,778$3,415$3,084$2,781$2,507$2,257
11 years$3,400$3,040$2,715$2,421$2,156$1,918
12 years$3,085$2,729$2,409$2,123$1,868$1,642
13 years$2,818$2,466$2,153$1,875$1,629$1,413
14 years$2,590$2,242$1,934$1,664$1,428$1,223
15 years$2,392$2,048$1,746$1,484$1,257$1,063
16 years$2,220$1,879$1,583$1,329$1,111$927
17 years$2,067$1,730$1,441$1,194$985$810
18 years$1,932$1,599$1,315$1,076$876$711
19 years$1,811$1,482$1,204$972$781$624
20 years$1,703$1,377$1,105$880$698$550
21 years$1,605$1,283$1,016$799$624$485
22 years$1,516$1,197$937$727$560$428
23 years$1,434$1,120$865$662$502$379
24 years$1,360$1,049$800$604$451$335
25 years$1,292$985$741$551$406$297
26 years$1,229$925$687$504$366$264
27 years$1,171$871$638$461$330$234
28 years$1,117$821$593$423$298$208
29 years$1,067$774$552$388$269$185
30 years$1,020$731$514$356$243$164
31 years$976$691$479$327$220$146
32 years$935$654$447$300$199$130
33 years$897$619$418$276$180$116
34 years$861$587$390$254$163$103
35 years$828$557$365$234$147$92
36 years$796$528$341$215$134$82
37 years$766$502$319$198$121$73
38 years$737$477$299$183$110$65
39 years$710$454$280$169$100$58
40 years$685$432$263$156$90$52
41 years$661$411$246$144$82$46
42 years$638$391$231$132$74$41
43 years$616$373$217$122$67$37
44 years$595$355$203$113$61$33
45 years$575$339$191$104$56$29
46 years$557$323$179$96$50$26
47 years$539$308$169$89$46$23
48 years$521$294$158$82$42$21
49 years$505$281$149$76$38$18
50 years$489$269$140$70$34$17

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $501,000, adding $5,521 every year, while hoping to spend $28,884 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: 71/24/5 Blend
34$501,000$501,000$501,000$501,000
35$557,797$531,244$523,478$596,739
36$583,960$526,543$510,283$618,472
37$611,823$520,643$495,677$638,116
38$641,530$513,455$479,583$658,803
39$673,237$504,885$461,920$680,630
40$707,116$494,833$442,603$703,700
41$743,355$483,193$421,542$728,128
42$782,159$469,851$398,646$754,045
43$823,755$454,690$373,817$781,591
44$868,392$437,583$346,953$810,923
45$916,340$418,398$317,949$842,217
46$967,900$396,992$286,693$875,664
47$1,023,398$373,217$253,070$911,477
48$1,083,196$346,916$216,959$949,893
49$1,147,688$317,921$178,234$991,173
50$1,217,310$286,057$136,762$1,035,606
51$1,292,539$251,138$92,407$1,083,512
52$1,373,900$212,965$45,024$1,135,244
53$1,461,970$171,332$0$1,191,193
54$1,557,383$126,019$0$1,252,090
55$1,660,835$76,794$0$1,320,698
56$1,773,095$23,411$0$1,395,153
57$1,895,006$0$0$1,476,048
58$2,027,494$0$0$1,573,123
59$2,171,581$0$0$1,685,442
60$2,328,389$0$0$1,807,702
61$2,499,154$0$0$1,940,869
62$2,685,235$0$0$2,086,005
63$2,888,128$0$0$2,244,281
64$3,109,479$0$0$2,416,984
65$3,351,102$0$0$2,605,532
66$3,614,990$0$0$2,811,485
67$3,903,340$0$0$3,036,562
68$4,218,570$0$0$3,282,653
69$4,563,341$0$0$3,551,841
70$4,940,585$0$0$3,846,419
71$5,353,530$0$0$4,168,910
72$5,805,728$0$0$4,522,096
73$6,301,094$0$0$4,909,036
74$6,843,938$0$0$5,333,105
75$7,439,006$0$0$5,798,013
76$8,091,525$0$0$6,307,851
77$8,807,255$0$0$6,867,124
78$9,592,536$0$0$7,480,793
79$10,454,355$0$0$8,154,322
80$11,400,406$0$0$8,893,732
81$12,439,165$0$0$9,705,653
82$13,579,968$0$0$10,597,390
83$14,833,102$0$0$11,576,990
84$16,209,896$0$0$12,653,317
85$17,722,834$0$0$13,836,136
86$19,385,667$0$0$15,136,207
87$21,213,545$0$0$16,565,382
88$23,223,158$0$0$18,136,719
89$25,432,895$0$0$19,864,605
90$27,863,016$0$0$21,764,890
91$30,535,842$0$0$23,855,039
92$33,475,967$0$0$26,154,292
93$36,710,487$0$0$28,683,848
94$40,269,257$0$0$31,467,067
95$44,185,172$0$0$34,529,685
96$48,494,476$0$0$37,900,058
97$53,237,106$0$0$41,609,432
98$58,457,063$0$0$45,692,234
99$64,202,835$0$0$50,186,400
100$70,527,844$0$0$55,133,728