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%14.3%
1 years$41,785$41,413$41,050$40,695$40,349$39,632
2 years$20,686$20,300$19,927$19,565$19,214$18,494
3 years$13,653$13,267$12,894$12,535$12,190$11,489
4 years$10,138$9,752$9,384$9,031$8,694$8,018
5 years$8,029$7,646$7,282$6,937$6,609$5,960
6 years$6,624$6,243$5,885$5,547$5,230$4,608
7 years$5,621$5,243$4,890$4,561$4,253$3,659
8 years$4,868$4,494$4,147$3,826$3,528$2,962
9 years$4,284$3,913$3,572$3,259$2,971$2,433
10 years$3,816$3,449$3,114$2,809$2,532$2,020
11 years$3,434$3,071$2,742$2,445$2,177$1,692
12 years$3,115$2,756$2,433$2,144$1,887$1,427
13 years$2,846$2,491$2,174$1,893$1,645$1,210
14 years$2,616$2,264$1,953$1,681$1,442$1,031
15 years$2,416$2,068$1,764$1,499$1,270$882
16 years$2,242$1,898$1,599$1,342$1,122$757
17 years$2,088$1,748$1,455$1,206$995$651
18 years$1,951$1,615$1,328$1,087$885$562
19 years$1,829$1,497$1,216$982$789$486
20 years$1,720$1,391$1,116$889$704$420
21 years$1,621$1,295$1,026$807$630$364
22 years$1,531$1,209$946$734$565$316
23 years$1,449$1,131$873$668$507$275
24 years$1,374$1,060$808$610$456$239
25 years$1,305$994$748$557$410$208
26 years$1,241$935$694$509$370$181
27 years$1,182$880$644$466$333$158
28 years$1,128$829$599$427$301$138
29 years$1,077$782$557$391$271$120
30 years$1,030$738$519$359$245$105
31 years$986$698$484$330$222$91
32 years$945$660$452$303$201$80
33 years$906$625$422$279$182$70
34 years$870$593$394$257$164$61
35 years$836$562$368$236$149$53
36 years$804$534$345$218$135$46
37 years$773$507$323$200$122$41
38 years$745$482$302$185$111$36
39 years$717$458$283$170$101$31
40 years$692$436$265$157$91$27
41 years$667$415$249$145$83$24
42 years$644$395$233$134$75$21
43 years$622$376$219$123$68$18
44 years$601$359$205$114$62$16
45 years$581$342$193$105$56$14
46 years$562$326$181$97$51$12
47 years$544$312$170$90$46$11
48 years$527$297$160$83$42$9
49 years$510$284$150$77$38$8
50 years$494$271$141$71$35$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $506,000, adding $2,836 every year, while hoping to spend $21,868 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: 62/12/26 Blend
34$506,000$506,000$506,000$506,000
35$560,537$533,719$525,876$591,247
36$594,445$536,604$520,226$615,297
37$631,078$538,897$513,653$638,906
38$670,691$540,547$506,104$664,209
39$713,566$541,498$497,522$691,377
40$760,009$541,691$487,849$720,597
41$810,360$541,063$477,022$752,074
42$864,990$539,549$464,976$786,039
43$924,310$537,078$451,644$822,744
44$988,770$533,576$436,954$862,469
45$1,058,866$528,962$420,833$905,521
46$1,135,143$523,153$403,203$952,243
47$1,218,200$516,060$383,983$1,003,012
48$1,308,698$507,589$363,089$1,058,243
49$1,407,364$497,640$340,431$1,118,397
50$1,514,997$486,106$315,917$1,183,983
51$1,632,477$472,875$289,450$1,255,560
52$1,760,772$457,829$260,930$1,333,750
53$1,900,950$440,842$230,250$1,419,237
54$2,054,185$421,781$197,301$1,512,777
55$2,221,768$400,505$161,967$1,615,203
56$2,405,124$376,865$124,129$1,727,439
57$2,605,819$350,704$83,660$1,850,500
58$2,825,580$321,855$40,429$1,985,511
59$3,066,306$290,143$0$2,133,710
60$3,330,090$255,381$0$2,298,049
61$3,619,238$217,373$0$2,490,527
62$3,936,287$175,911$0$2,701,625
63$4,284,033$130,776$0$2,933,224
64$4,665,556$81,736$0$3,187,400
65$5,084,249$28,546$0$3,466,438
66$5,543,846$0$0$3,772,859
67$6,048,463$0$0$4,113,276
68$6,602,635$0$0$4,491,301
69$7,211,355$0$0$4,906,576
70$7,880,125$0$0$5,362,860
71$8,615,005$0$0$5,864,294
72$9,422,673$0$0$6,415,438
73$10,310,485$0$0$7,021,317
74$11,286,545$0$0$7,687,469
75$12,359,781$0$0$8,419,992
76$13,540,030$0$0$9,225,607
77$14,838,131$0$0$10,111,719
78$16,266,024$0$0$11,086,484
79$17,836,865$0$0$12,158,892
80$19,565,152$0$0$13,338,846
81$21,466,855$0$0$14,637,256
82$23,559,572$0$0$16,066,147
83$25,862,694$0$0$17,638,765
84$28,397,586$0$0$19,369,708
85$31,187,789$0$0$21,275,057
86$34,259,243$0$0$23,372,536
87$37,640,529$0$0$25,681,672
88$41,363,143$0$0$28,223,981
89$45,461,786$0$0$31,023,174
90$49,974,698$0$0$34,105,374
91$54,944,016$0$0$37,499,372
92$60,416,168$0$0$41,236,887
93$66,442,318$0$0$45,352,875
94$73,078,842$0$0$49,885,854
95$80,387,862$0$0$54,878,266
96$88,437,834$0$0$60,376,882
97$97,304,192$0$0$66,433,239
98$107,070,057$0$0$73,104,130
99$117,827,027$0$0$80,452,134
100$129,676,037$0$0$88,546,213