Can I retire at age 35 with 504,000?

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 $504,000?

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%
1 years$41,620$41,249$40,887$40,534$40,190$39,836
2 years$20,604$20,220$19,848$19,488$19,138$18,782
3 years$13,599$13,214$12,843$12,486$12,142$11,794
4 years$10,098$9,714$9,347$8,995$8,660$8,323
5 years$7,998$7,616$7,253$6,909$6,583$6,258
6 years$6,598$6,219$5,862$5,525$5,209$4,896
7 years$5,598$5,223$4,871$4,543$4,236$3,936
8 years$4,849$4,477$4,131$3,811$3,514$3,227
9 years$4,267$3,898$3,558$3,246$2,960$2,685
10 years$3,801$3,436$3,102$2,798$2,522$2,259
11 years$3,420$3,059$2,731$2,435$2,169$1,918
12 years$3,103$2,745$2,424$2,136$1,879$1,641
13 years$2,835$2,481$2,165$1,886$1,639$1,412
14 years$2,605$2,255$1,946$1,674$1,437$1,221
15 years$2,407$2,060$1,757$1,493$1,265$1,060
16 years$2,233$1,890$1,593$1,337$1,118$924
17 years$2,080$1,741$1,449$1,201$991$807
18 years$1,944$1,608$1,323$1,082$881$707
19 years$1,822$1,491$1,211$978$786$621
20 years$1,713$1,385$1,112$886$702$547
21 years$1,614$1,290$1,022$804$628$482
22 years$1,525$1,204$942$731$563$425
23 years$1,443$1,126$870$666$505$376
24 years$1,368$1,055$805$607$454$332
25 years$1,299$990$745$554$409$294
26 years$1,236$931$691$507$368$261
27 years$1,178$876$642$464$332$231
28 years$1,123$826$597$425$299$205
29 years$1,073$779$555$390$270$182
30 years$1,026$735$517$358$244$162
31 years$982$695$482$329$221$144
32 years$941$658$450$302$200$128
33 years$903$623$420$278$181$114
34 years$866$590$392$256$164$101
35 years$832$560$367$235$148$90
36 years$800$532$343$217$134$80
37 years$770$505$321$200$122$71
38 years$742$480$301$184$110$64
39 years$715$456$282$170$100$57
40 years$689$434$264$156$91$51
41 years$665$413$248$144$82$45
42 years$642$394$232$133$75$40
43 years$620$375$218$123$68$36
44 years$599$357$205$114$62$32
45 years$579$341$192$105$56$28
46 years$560$325$181$97$51$25
47 years$542$310$170$89$46$23
48 years$524$296$159$83$42$20
49 years$508$283$150$76$38$18
50 years$492$270$141$71$35$16

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $504,000, adding $6,509 every year, while hoping to spend $22,205 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: 69/21/10 Blend
34$504,000$504,000$504,000$504,000
35$562,122$535,410$527,598$599,335
36$595,833$538,019$521,647$627,477
37$632,237$540,012$514,752$654,947
38$671,588$541,335$506,858$684,408
39$714,160$541,930$497,908$716,052
40$760,258$541,739$487,842$750,090
41$810,215$540,695$476,595$786,755
42$864,399$538,731$464,103$826,305
43$923,213$535,774$450,296$869,023
44$987,102$531,748$435,102$915,223
45$1,056,553$526,571$418,445$965,251
46$1,132,105$520,156$400,246$1,019,488
47$1,214,348$512,412$380,423$1,078,354
48$1,303,934$503,242$358,889$1,142,315
49$1,401,577$492,543$335,553$1,211,883
50$1,508,066$480,205$310,322$1,287,623
51$1,624,267$466,115$283,097$1,370,160
52$1,751,137$450,148$253,775$1,460,181
53$1,889,725$432,177$222,249$1,558,446
54$2,041,187$412,065$188,405$1,665,793
55$2,206,799$389,667$152,127$1,783,146
56$2,387,961$364,829$113,292$1,911,526
57$2,586,218$337,390$71,772$2,052,057
58$2,803,270$307,180$27,434$2,205,981
59$3,040,988$274,017$0$2,374,668
60$3,301,435$237,710$0$2,561,749
61$3,586,881$198,057$0$2,770,031
62$3,899,827$154,846$0$2,998,439
63$4,243,026$107,850$0$3,249,016
64$4,619,512$56,833$0$3,524,016
65$5,032,627$1,541$0$3,825,926
66$5,486,049$0$0$4,157,484
67$5,983,834$0$0$4,535,181
68$6,530,446$0$0$4,950,347
69$7,130,804$0$0$5,406,367
70$7,790,329$0$0$5,907,360
71$8,514,988$0$0$6,457,865
72$9,311,360$0$0$7,062,881
73$10,186,688$0$0$7,727,919
74$11,148,955$0$0$8,459,046
75$12,206,955$0$0$9,262,948
76$13,370,376$0$0$10,146,993
77$14,649,894$0$0$11,119,295
78$16,057,267$0$0$12,188,798
79$17,605,455$0$0$13,365,353
80$19,308,734$0$0$14,659,816
81$21,182,835$0$0$16,084,146
82$23,245,089$0$0$17,651,523
83$25,514,593$0$0$19,376,466
84$28,012,390$0$0$21,274,975
85$30,761,664$0$0$23,364,678
86$33,787,963$0$0$25,664,999
87$37,119,435$0$0$28,197,343
88$40,787,098$0$0$30,985,294
89$44,825,129$0$0$34,054,837
90$49,271,188$0$0$37,434,609
91$54,166,774$0$0$41,156,163
92$59,557,611$0$0$45,254,266
93$65,494,088$0$0$49,767,231
94$72,031,725$0$0$54,737,275
95$79,231,705$0$0$60,210,918
96$87,161,444$0$0$66,239,422
97$95,895,232$0$0$72,879,273
98$105,514,930$0$0$80,192,717
99$116,110,747$0$0$88,248,344
100$127,782,087$0$0$97,121,739