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%18.1%
1 years$41,455$41,085$40,725$40,374$40,030$38,718
2 years$20,522$20,140$19,770$19,410$19,062$17,752
3 years$13,546$13,162$12,792$12,436$12,094$10,828
4 years$10,058$9,675$9,309$8,960$8,625$7,413
5 years$7,966$7,585$7,224$6,882$6,557$5,401
6 years$6,572$6,194$5,838$5,504$5,188$4,090
7 years$5,576$5,202$4,852$4,525$4,219$3,179
8 years$4,830$4,459$4,115$3,796$3,500$2,517
9 years$4,250$3,882$3,544$3,233$2,948$2,020
10 years$3,786$3,422$3,090$2,787$2,512$1,638
11 years$3,407$3,046$2,720$2,425$2,160$1,339
12 years$3,091$2,734$2,414$2,127$1,872$1,102
13 years$2,824$2,471$2,157$1,878$1,632$911
14 years$2,595$2,246$1,938$1,667$1,431$756
15 years$2,397$2,052$1,750$1,487$1,260$630
16 years$2,224$1,883$1,586$1,331$1,114$526
17 years$2,071$1,734$1,443$1,196$987$440
18 years$1,936$1,602$1,318$1,078$878$369
19 years$1,815$1,485$1,206$974$782$310
20 years$1,706$1,380$1,107$882$699$261
21 years$1,608$1,285$1,018$801$625$220
22 years$1,519$1,200$939$728$561$185
23 years$1,437$1,122$867$663$503$156
24 years$1,363$1,051$801$605$452$132
25 years$1,294$987$742$552$407$111
26 years$1,231$927$688$505$367$94
27 years$1,173$873$639$462$331$79
28 years$1,119$822$594$423$298$67
29 years$1,069$776$553$388$269$57
30 years$1,022$733$515$356$243$48
31 years$978$693$480$327$220$41
32 years$937$655$448$301$199$34
33 years$899$621$418$277$180$29
34 years$863$588$391$255$163$25
35 years$829$558$365$234$148$21
36 years$797$529$342$216$134$18
37 years$767$503$320$199$121$15
38 years$739$478$300$183$110$13
39 years$712$454$281$169$100$11
40 years$686$432$263$156$90$9
41 years$662$412$247$144$82$8
42 years$639$392$231$133$74$6
43 years$617$373$217$122$68$5
44 years$596$356$204$113$61$5
45 years$577$339$191$104$56$4
46 years$558$324$180$96$51$3
47 years$540$309$169$89$46$3
48 years$522$295$159$82$42$2
49 years$506$282$149$76$38$2
50 years$490$269$140$70$34$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $502,000, adding $4,163 every year, while hoping to spend $36,659 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: 62/9/29 Blend
34$502,000$502,000$502,000$502,000
35$557,498$530,892$523,111$587,479
36$575,358$517,901$501,630$595,366
37$593,811$503,045$478,202$599,645
38$612,879$486,193$452,720$603,543
39$632,584$467,208$425,078$607,030
40$652,951$445,945$395,162$610,076
41$674,005$422,248$362,852$612,647
42$695,771$395,956$328,025$614,710
43$718,277$366,896$290,552$616,226
44$741,553$334,885$250,297$617,160
45$765,628$299,731$207,118$617,471
46$790,534$261,230$160,869$617,117
47$816,305$219,167$111,395$616,055
48$842,977$173,315$58,535$614,240
49$870,587$123,433$2,122$611,625
50$899,174$69,269$0$608,160
51$928,780$10,554$0$621,766
52$959,450$0$0$636,286
53$991,230$0$0$656,315
54$1,024,170$0$0$678,162
55$1,058,322$0$0$700,816
56$1,093,743$0$0$724,315
57$1,130,493$0$0$748,700
58$1,168,634$0$0$774,014
59$1,208,235$0$0$800,301
60$1,249,368$0$0$827,610
61$1,292,110$0$0$855,994
62$1,336,544$0$0$885,508
63$1,382,758$0$0$916,212
64$1,430,848$0$0$948,169
65$1,480,915$0$0$981,449
66$1,533,068$0$0$1,016,126
67$1,587,426$0$0$1,052,278
68$1,644,114$0$0$1,089,993
69$1,703,271$0$0$1,129,360
70$1,765,042$0$0$1,170,482
71$1,829,587$0$0$1,213,464
72$1,897,077$0$0$1,258,424
73$1,967,699$0$0$1,305,487
74$2,041,654$0$0$1,354,790
75$2,119,159$0$0$1,406,480
76$2,200,452$0$0$1,460,718
77$2,285,788$0$0$1,517,677
78$2,375,447$0$0$1,577,548
79$2,469,731$0$0$1,640,535
80$2,568,969$0$0$1,706,861
81$2,673,521$0$0$1,776,772
82$2,783,776$0$0$1,850,531
83$2,900,160$0$0$1,928,429
84$3,023,137$0$0$2,010,780
85$3,153,213$0$0$2,097,928
86$3,290,942$0$0$2,190,251
87$3,436,925$0$0$2,288,158
88$3,591,824$0$0$2,392,098
89$3,756,359$0$0$2,502,562
90$3,931,318$0$0$2,620,088
91$4,117,566$0$0$2,745,262
92$4,316,046$0$0$2,878,729
93$4,527,794$0$0$3,021,194
94$4,753,942$0$0$3,173,428
95$4,995,734$0$0$3,336,278
96$5,254,530$0$0$3,510,672
97$5,531,825$0$0$3,697,628
98$5,829,255$0$0$3,898,264
99$6,148,619$0$0$4,113,803
100$6,491,888$0$0$4,345,593