Can I retire at age 35 with 505,000?

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 $505,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.7%
1 years$41,702$41,331$40,969$40,615$40,269$38,702
2 years$20,645$20,260$19,888$19,526$19,176$17,616
3 years$13,626$13,240$12,869$12,511$12,166$10,662
4 years$10,118$9,733$9,365$9,013$8,677$7,241
5 years$8,013$7,631$7,268$6,923$6,596$5,232
6 years$6,611$6,231$5,873$5,536$5,219$3,927
7 years$5,609$5,233$4,881$4,552$4,245$3,024
8 years$4,859$4,486$4,139$3,818$3,521$2,372
9 years$4,275$3,905$3,565$3,252$2,965$1,885
10 years$3,809$3,442$3,108$2,804$2,527$1,513
11 years$3,427$3,065$2,736$2,440$2,173$1,224
12 years$3,109$2,751$2,428$2,140$1,883$996
13 years$2,841$2,486$2,170$1,889$1,642$815
14 years$2,611$2,260$1,949$1,677$1,439$669
15 years$2,411$2,064$1,760$1,496$1,267$551
16 years$2,237$1,894$1,596$1,339$1,120$455
17 years$2,084$1,744$1,452$1,203$993$376
18 years$1,948$1,612$1,326$1,085$883$312
19 years$1,826$1,494$1,214$980$787$259
20 years$1,716$1,388$1,114$888$703$215
21 years$1,617$1,293$1,024$805$629$179
22 years$1,528$1,207$944$732$564$149
23 years$1,446$1,129$872$667$506$124
24 years$1,371$1,058$806$608$455$103
25 years$1,302$992$747$556$409$86
26 years$1,239$933$693$508$369$72
27 years$1,180$878$643$465$333$60
28 years$1,126$827$598$426$300$50
29 years$1,075$780$556$391$271$42
30 years$1,028$737$518$359$245$35
31 years$984$697$483$329$221$29
32 years$943$659$451$303$200$24
33 years$904$624$421$278$181$20
34 years$868$592$393$256$164$17
35 years$834$561$368$236$149$14
36 years$802$533$344$217$135$12
37 years$772$506$322$200$122$10
38 years$743$481$301$184$111$8
39 years$716$457$282$170$100$7
40 years$690$435$265$157$91$6
41 years$666$414$248$145$83$5
42 years$643$394$233$133$75$4
43 years$621$376$218$123$68$3
44 years$600$358$205$114$62$3
45 years$580$341$193$105$56$2
46 years$561$326$181$97$51$2
47 years$543$311$170$90$46$2
48 years$526$297$160$83$42$1
49 years$509$283$150$77$38$1
50 years$493$271$141$71$35$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $505,000, adding $6,624 every year, while hoping to spend $36,223 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: 69/11/20 Blend
34$505,000$505,000$505,000$505,000
35$563,343$536,578$528,750$598,999
36$582,263$524,329$507,922$611,409
37$601,898$510,266$485,183$620,117
38$622,285$494,262$460,429$628,758
39$643,459$476,182$433,554$637,324
40$665,460$455,883$404,447$645,804
41$688,331$433,215$372,990$654,191
42$712,117$408,019$339,062$662,474
43$736,867$380,126$302,534$670,645
44$762,634$349,358$263,275$678,696
45$789,472$315,527$221,144$686,620
46$817,443$278,432$175,998$694,409
47$846,612$237,865$127,683$702,057
48$877,048$193,602$76,042$709,559
49$908,827$145,409$20,910$716,911
50$942,031$93,037$0$724,112
51$976,747$36,225$0$739,255
52$1,013,071$0$0$759,535
53$1,051,106$0$0$783,594
54$1,090,964$0$0$813,408
55$1,132,766$0$0$844,685
56$1,176,643$0$0$877,524
57$1,222,738$0$0$912,033
58$1,271,207$0$0$948,329
59$1,322,217$0$0$986,540
60$1,375,952$0$0$1,026,806
61$1,432,613$0$0$1,069,278
62$1,492,418$0$0$1,114,120
63$1,555,603$0$0$1,161,513
64$1,622,428$0$0$1,211,654
65$1,693,176$0$0$1,264,756
66$1,768,156$0$0$1,321,054
67$1,847,706$0$0$1,380,805
68$1,932,195$0$0$1,444,288
69$2,022,027$0$0$1,511,809
70$2,117,642$0$0$1,583,703
71$2,219,526$0$0$1,660,339
72$2,328,207$0$0$1,742,116
73$2,444,266$0$0$1,829,477
74$2,568,338$0$0$1,922,902
75$2,701,120$0$0$2,022,922
76$2,843,377$0$0$2,130,116
77$2,995,946$0$0$2,245,120
78$3,159,747$0$0$2,368,634
79$3,335,790$0$0$2,501,423
80$3,525,182$0$0$2,644,330
81$3,729,141$0$0$2,798,277
82$3,949,001$0$0$2,964,280
83$4,186,231$0$0$3,143,453
84$4,442,443$0$0$3,337,022
85$4,719,409$0$0$3,546,332
86$5,019,076$0$0$3,772,863
87$5,343,586$0$0$4,018,242
88$5,695,291$0$0$4,284,257
89$6,076,780$0$0$4,572,874
90$6,490,899$0$0$4,886,257
91$6,940,778$0$0$5,226,783
92$7,429,860$0$0$5,597,070
93$7,961,934$0$0$5,999,996
94$8,541,168$0$0$6,438,730
95$9,172,148$0$0$6,916,757
96$9,859,921$0$0$7,437,913
97$10,610,042$0$0$8,006,419
98$11,428,624$0$0$8,626,923
99$12,322,397$0$0$9,304,540
100$13,298,767$0$0$10,044,900