Can I retire at age 35 with 506,000?

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 $506,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.8%
1 years$41,785$41,413$41,050$40,695$40,349$39,878
2 years$20,686$20,300$19,927$19,565$19,214$18,740
3 years$13,653$13,267$12,894$12,535$12,190$11,728
4 years$10,138$9,752$9,384$9,031$8,694$8,247
5 years$8,029$7,646$7,282$6,937$6,609$6,178
6 years$6,624$6,243$5,885$5,547$5,230$4,816
7 years$5,621$5,243$4,890$4,561$4,253$3,856
8 years$4,868$4,494$4,147$3,826$3,528$3,149
9 years$4,284$3,913$3,572$3,259$2,971$2,609
10 years$3,816$3,449$3,114$2,809$2,532$2,186
11 years$3,434$3,071$2,742$2,445$2,177$1,848
12 years$3,115$2,756$2,433$2,144$1,887$1,574
13 years$2,846$2,491$2,174$1,893$1,645$1,348
14 years$2,616$2,264$1,953$1,681$1,442$1,160
15 years$2,416$2,068$1,764$1,499$1,270$1,003
16 years$2,242$1,898$1,599$1,342$1,122$870
17 years$2,088$1,748$1,455$1,206$995$756
18 years$1,951$1,615$1,328$1,087$885$659
19 years$1,829$1,497$1,216$982$789$576
20 years$1,720$1,391$1,116$889$704$504
21 years$1,621$1,295$1,026$807$630$442
22 years$1,531$1,209$946$734$565$388
23 years$1,449$1,131$873$668$507$341
24 years$1,374$1,060$808$610$456$300
25 years$1,305$994$748$557$410$264
26 years$1,241$935$694$509$370$233
27 years$1,182$880$644$466$333$205
28 years$1,128$829$599$427$301$181
29 years$1,077$782$557$391$271$160
30 years$1,030$738$519$359$245$141
31 years$986$698$484$330$222$125
32 years$945$660$452$303$201$110
33 years$906$625$422$279$182$98
34 years$870$593$394$257$164$86
35 years$836$562$368$236$149$76
36 years$804$534$345$218$135$68
37 years$773$507$323$200$122$60
38 years$745$482$302$185$111$53
39 years$717$458$283$170$101$47
40 years$692$436$265$157$91$42
41 years$667$415$249$145$83$37
42 years$644$395$233$134$75$33
43 years$622$376$219$123$68$29
44 years$601$359$205$114$62$26
45 years$581$342$193$105$56$23
46 years$562$326$181$97$51$20
47 years$544$312$170$90$46$18
48 years$527$297$160$83$42$16
49 years$510$284$150$77$38$14
50 years$494$271$141$71$35$12

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $506,000, adding $2,984 every year, while hoping to spend $25,867 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: 55/31/14 Blend
34$506,000$506,000$506,000$506,000
35$560,690$533,872$526,029$589,321
36$590,358$532,509$516,129$607,753
37$622,185$530,213$505,030$624,756
38$656,365$526,910$492,665$642,677
39$693,108$522,523$478,963$661,608
40$732,648$516,969$463,851$681,653
41$775,239$510,162$447,251$702,926
42$821,162$502,008$429,083$725,557
43$870,725$492,411$409,261$749,688
44$924,266$481,267$387,699$775,477
45$982,158$468,465$364,303$803,101
46$1,044,808$453,890$338,978$832,757
47$1,112,666$437,418$311,621$864,661
48$1,186,227$418,920$282,129$899,056
49$1,266,033$398,258$250,391$936,211
50$1,352,681$375,286$216,292$976,423
51$1,446,829$349,850$179,713$1,020,024
52$1,549,200$321,787$140,528$1,067,380
53$1,660,589$290,925$98,606$1,118,899
54$1,781,871$257,082$53,811$1,175,033
55$1,914,008$220,065$6,000$1,236,281
56$2,058,061$179,672$0$1,303,199
57$2,215,195$135,688$0$1,383,127
58$2,386,693$87,885$0$1,471,413
59$2,573,970$36,025$0$1,567,939
60$2,778,579$0$0$1,673,565
61$3,002,233$0$0$1,796,114
62$3,246,818$0$0$1,943,615
63$3,514,408$0$0$2,105,037
64$3,807,290$0$0$2,281,764
65$4,127,980$0$0$2,475,320
66$4,479,249$0$0$2,687,385
67$4,864,149$0$0$2,919,807
68$5,286,042$0$0$3,174,623
69$5,748,629$0$0$3,454,075
70$6,255,987$0$0$3,760,635
71$6,812,607$0$0$4,097,022
72$7,423,435$0$0$4,466,234
73$8,093,920$0$0$4,871,572
74$8,830,063$0$0$5,316,672
75$9,638,476$0$0$5,805,541
76$10,526,440$0$0$6,342,592
77$11,501,980$0$0$6,932,686
78$12,573,933$0$0$7,581,178
79$13,752,035$0$0$8,293,970
80$15,047,014$0$0$9,077,561
81$16,470,688$0$0$9,939,113
82$18,036,075$0$0$10,886,516
83$19,757,522$0$0$11,928,462
84$21,650,832$0$0$13,074,530
85$23,733,418$0$0$14,335,272
86$26,024,465$0$0$15,722,315
87$28,545,111$0$0$17,248,469
88$31,318,647$0$0$18,927,848
89$34,370,735$0$0$20,776,006
90$37,729,650$0$0$22,810,077
91$41,426,546$0$0$25,048,943
92$45,495,753$0$0$27,513,409
93$49,975,095$0$0$30,226,399
94$54,906,252$0$0$33,213,173
95$60,335,148$0$0$36,501,563
96$66,312,388$0$0$40,122,240
97$72,893,733$0$0$44,108,998
98$80,140,626$0$0$48,499,074
99$88,120,771$0$0$53,333,504
100$96,908,774$0$0$58,657,503