Can I retire at age 35 with 503,000?

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 $503,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.5%
1 years$41,537$41,167$40,806$40,454$40,110$39,691
2 years$20,563$20,180$19,809$19,449$19,100$18,678
3 years$13,572$13,188$12,818$12,461$12,118$11,706
4 years$10,078$9,694$9,328$8,978$8,643$8,244
5 years$7,982$7,601$7,239$6,896$6,570$6,186
6 years$6,585$6,206$5,850$5,514$5,199$4,830
7 years$5,587$5,212$4,861$4,534$4,228$3,874
8 years$4,839$4,468$4,123$3,803$3,507$3,169
9 years$4,258$3,890$3,551$3,240$2,954$2,630
10 years$3,793$3,429$3,096$2,793$2,517$2,208
11 years$3,413$3,053$2,726$2,430$2,164$1,870
12 years$3,097$2,740$2,419$2,132$1,876$1,595
13 years$2,829$2,476$2,161$1,882$1,636$1,369
14 years$2,600$2,251$1,942$1,671$1,434$1,181
15 years$2,402$2,056$1,753$1,490$1,262$1,023
16 years$2,228$1,886$1,589$1,334$1,116$889
17 years$2,076$1,737$1,446$1,199$989$774
18 years$1,940$1,605$1,320$1,080$880$677
19 years$1,819$1,488$1,209$976$784$593
20 years$1,710$1,382$1,109$884$700$520
21 years$1,611$1,288$1,020$802$627$457
22 years$1,522$1,202$940$729$562$402
23 years$1,440$1,124$868$664$504$354
24 years$1,365$1,053$803$606$453$312
25 years$1,297$989$744$553$408$276
26 years$1,234$929$690$506$367$243
27 years$1,175$874$641$463$331$215
28 years$1,121$824$595$424$299$190
29 years$1,071$777$554$389$270$169
30 years$1,024$734$516$357$244$149
31 years$980$694$481$328$220$132
32 years$939$657$449$301$199$117
33 years$901$622$419$277$180$104
34 years$865$589$392$255$163$92
35 years$831$559$366$235$148$82
36 years$799$531$343$216$134$73
37 years$769$504$321$199$122$64
38 years$740$479$300$184$110$57
39 years$713$455$281$169$100$51
40 years$688$433$264$156$91$45
41 years$663$412$247$144$82$40
42 years$640$393$232$133$75$36
43 years$618$374$218$123$68$32
44 years$598$357$204$113$61$28
45 years$578$340$192$105$56$25
46 years$559$324$180$97$51$22
47 years$541$310$169$89$46$20
48 years$523$296$159$83$42$17
49 years$507$282$149$76$38$16
50 years$491$270$141$71$34$14

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $503,000, adding $4,807 every year, while hoping to spend $44,455 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: 70/18/12 Blend
34$503,000$503,000$503,000$503,000
35$559,264$532,605$524,809$596,652
36$569,010$511,403$495,090$600,883
37$578,259$487,672$462,886$599,668
38$586,915$461,242$428,066$597,166
39$594,868$431,931$390,494$593,241
40$601,998$399,548$350,029$587,745
41$608,167$363,892$306,521$580,518
42$613,227$324,749$259,816$571,384
43$617,008$281,894$209,751$560,151
44$619,323$235,087$156,158$546,608
45$619,965$184,077$98,861$530,526
46$618,702$128,598$37,674$511,654
47$615,279$68,369$0$489,718
48$609,412$3,093$0$467,954
49$600,784$0$0$447,875
50$589,046$0$0$437,698
51$573,811$0$0$425,420
52$554,649$0$0$410,096
53$531,086$0$0$391,360
54$502,595$0$0$368,805
55$468,594$0$0$341,982
56$428,439$0$0$310,392
57$381,417$0$0$273,486
58$326,742$0$0$230,657
59$263,542$0$0$181,230
60$190,856$0$0$124,465
61$107,618$0$0$59,538
62$12,655$0$0$0
63$0$0$0$0
64$0$0$0$0
65$0$0$0$0
66$0$0$0$0
67$0$0$0$0
68$0$0$0$0
69$0$0$0$0
70$0$0$0$0
71$0$0$0$0
72$0$0$0$0
73$0$0$0$0
74$0$0$0$0
75$0$0$0$0
76$0$0$0$0
77$0$0$0$0
78$0$0$0$0
79$0$0$0$0
80$0$0$0$0
81$0$0$0$0
82$0$0$0$0
83$0$0$0$0
84$0$0$0$0
85$0$0$0$0
86$0$0$0$0
87$0$0$0$0
88$0$0$0$0
89$0$0$0$0
90$0$0$0$0
91$0$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