Can I retire at age 35 with 502,000?

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 $502,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.4%
1 years$41,455$41,085$40,725$40,374$40,030$39,302
2 years$20,522$20,140$19,770$19,410$19,062$18,331
3 years$13,546$13,162$12,792$12,436$12,094$11,383
4 years$10,058$9,675$9,309$8,960$8,625$7,940
5 years$7,966$7,585$7,224$6,882$6,557$5,899
6 years$6,572$6,194$5,838$5,504$5,188$4,558
7 years$5,576$5,202$4,852$4,525$4,219$3,618
8 years$4,830$4,459$4,115$3,796$3,500$2,927
9 years$4,250$3,882$3,544$3,233$2,948$2,402
10 years$3,786$3,422$3,090$2,787$2,512$1,993
11 years$3,407$3,046$2,720$2,425$2,160$1,668
12 years$3,091$2,734$2,414$2,127$1,872$1,406
13 years$2,824$2,471$2,157$1,878$1,632$1,192
14 years$2,595$2,246$1,938$1,667$1,431$1,015
15 years$2,397$2,052$1,750$1,487$1,260$868
16 years$2,224$1,883$1,586$1,331$1,114$744
17 years$2,071$1,734$1,443$1,196$987$640
18 years$1,936$1,602$1,318$1,078$878$551
19 years$1,815$1,485$1,206$974$782$476
20 years$1,706$1,380$1,107$882$699$412
21 years$1,608$1,285$1,018$801$625$357
22 years$1,519$1,200$939$728$561$309
23 years$1,437$1,122$867$663$503$269
24 years$1,363$1,051$801$605$452$233
25 years$1,294$987$742$552$407$203
26 years$1,231$927$688$505$367$177
27 years$1,173$873$639$462$331$154
28 years$1,119$822$594$423$298$134
29 years$1,069$776$553$388$269$117
30 years$1,022$733$515$356$243$102
31 years$978$693$480$327$220$89
32 years$937$655$448$301$199$77
33 years$899$621$418$277$180$68
34 years$863$588$391$255$163$59
35 years$829$558$365$234$148$51
36 years$797$529$342$216$134$45
37 years$767$503$320$199$121$39
38 years$739$478$300$183$110$34
39 years$712$454$281$169$100$30
40 years$686$432$263$156$90$26
41 years$662$412$247$144$82$23
42 years$639$392$231$133$74$20
43 years$617$373$217$122$68$17
44 years$596$356$204$113$61$15
45 years$577$339$191$104$56$13
46 years$558$324$180$96$51$12
47 years$540$309$169$89$46$10
48 years$522$295$159$82$42$9
49 years$506$282$149$76$38$8
50 years$490$269$140$70$34$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $502,000, adding $4,826 every year, while hoping to spend $36,895 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: 84/5/11 Blend
34$502,000$502,000$502,000$502,000
35$558,182$531,576$523,795$603,670
36$575,861$518,367$502,086$620,935
37$594,106$503,275$478,413$634,455
38$612,937$486,167$452,672$648,180
39$632,372$466,905$424,753$662,107
40$652,433$445,343$394,541$676,237
41$673,141$421,324$361,918$690,565
42$694,516$394,684$326,757$705,090
43$716,583$365,249$288,929$719,809
44$739,364$332,836$248,298$734,718
45$762,883$297,249$204,720$749,815
46$787,167$258,285$158,048$765,095
47$812,242$215,724$108,127$780,553
48$838,135$169,339$54,793$796,185
49$864,875$118,887$0$811,986
50$892,492$64,112$0$828,199
51$921,017$4,744$0$851,449
52$950,482$0$0$875,311
53$980,922$0$0$903,077
54$1,012,372$0$0$932,033
55$1,044,868$0$0$961,954
56$1,078,450$0$0$992,875
57$1,113,158$0$0$1,024,832
58$1,149,034$0$0$1,057,866
59$1,186,124$0$0$1,092,017
60$1,224,473$0$0$1,127,328
61$1,264,130$0$0$1,163,845
62$1,305,148$0$0$1,201,615
63$1,347,579$0$0$1,240,687
64$1,391,482$0$0$1,281,115
65$1,436,917$0$0$1,322,953
66$1,483,945$0$0$1,366,261
67$1,532,636$0$0$1,411,100
68$1,583,058$0$0$1,457,535
69$1,635,288$0$0$1,505,635
70$1,689,404$0$0$1,555,473
71$1,745,491$0$0$1,607,127
72$1,803,636$0$0$1,660,679
73$1,863,936$0$0$1,716,217
74$1,926,491$0$0$1,773,834
75$1,991,408$0$0$1,833,628
76$2,058,802$0$0$1,895,705
77$2,128,795$0$0$1,960,178
78$2,201,516$0$0$2,027,167
79$2,277,106$0$0$2,096,801
80$2,355,714$0$0$2,169,218
81$2,437,500$0$0$2,244,566
82$2,522,635$0$0$2,323,003
83$2,611,304$0$0$2,404,699
84$2,703,706$0$0$2,489,838
85$2,800,052$0$0$2,578,617
86$2,900,574$0$0$2,671,248
87$3,005,519$0$0$2,767,960
88$3,115,155$0$0$2,869,001
89$3,229,770$0$0$2,974,637
90$3,349,677$0$0$3,085,157
91$3,475,215$0$0$3,200,874
92$3,606,749$0$0$3,322,127
93$3,744,678$0$0$3,449,283
94$3,889,431$0$0$3,582,740
95$4,041,478$0$0$3,722,931
96$4,201,326$0$0$3,870,326
97$4,369,528$0$0$4,025,437
98$4,546,686$0$0$4,188,819
99$4,733,456$0$0$4,361,079
100$4,930,551$0$0$4,542,878