Can I retire at age 35 with 507,000?

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 $507,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.3%
1 years$41,868$41,495$41,131$40,776$40,429$39,548
2 years$20,727$20,341$19,966$19,604$19,252$18,369
3 years$13,680$13,293$12,920$12,560$12,214$11,356
4 years$10,158$9,772$9,402$9,049$8,711$7,886
5 years$8,045$7,661$7,296$6,950$6,622$5,831
6 years$6,637$6,256$5,897$5,558$5,240$4,484
7 years$5,632$5,254$4,900$4,570$4,261$3,541
8 years$4,878$4,503$4,156$3,834$3,535$2,850
9 years$4,292$3,921$3,579$3,265$2,977$2,326
10 years$3,824$3,456$3,121$2,815$2,537$1,919
11 years$3,441$3,077$2,747$2,450$2,182$1,598
12 years$3,122$2,762$2,438$2,149$1,891$1,339
13 years$2,852$2,496$2,178$1,897$1,649$1,128
14 years$2,621$2,268$1,957$1,684$1,445$955
15 years$2,421$2,072$1,767$1,502$1,272$811
16 years$2,246$1,901$1,602$1,345$1,125$691
17 years$2,092$1,751$1,458$1,208$997$590
18 years$1,955$1,618$1,331$1,089$887$506
19 years$1,833$1,500$1,218$984$790$434
20 years$1,723$1,393$1,118$891$706$373
21 years$1,624$1,298$1,028$809$632$320
22 years$1,534$1,212$948$735$566$276
23 years$1,451$1,133$875$670$508$238
24 years$1,376$1,062$809$611$457$205
25 years$1,307$996$750$558$411$177
26 years$1,243$936$695$510$370$153
27 years$1,185$881$646$467$334$132
28 years$1,130$830$600$428$301$114
29 years$1,079$783$559$392$272$99
30 years$1,032$740$520$360$246$86
31 years$988$699$485$331$222$74
32 years$947$662$453$304$201$64
33 years$908$627$423$279$182$56
34 years$872$594$395$257$165$48
35 years$837$563$369$237$149$42
36 years$805$535$345$218$135$36
37 years$775$508$323$201$122$31
38 years$746$483$303$185$111$27
39 years$719$459$284$171$101$24
40 years$693$437$266$157$91$20
41 years$669$416$249$145$83$18
42 years$645$396$234$134$75$15
43 years$623$377$219$124$68$13
44 years$602$360$206$114$62$12
45 years$582$343$193$105$56$10
46 years$563$327$182$97$51$9
47 years$545$312$171$90$46$8
48 years$528$298$160$83$42$7
49 years$511$285$151$77$38$6
50 years$495$272$142$71$35$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $507,000, adding $5,199 every year, while hoping to spend $21,693 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: 74/17/9 Blend
34$507,000$507,000$507,000$507,000
35$564,077$537,206$529,347$604,565
36$598,531$540,448$523,999$635,212
37$635,773$543,121$517,745$665,541
38$676,064$545,176$510,531$698,157
39$719,691$546,558$502,302$733,282
40$766,970$547,210$493,000$771,157
41$818,248$547,070$482,562$812,049
42$873,907$546,075$470,926$856,252
43$934,368$544,155$458,025$904,091
44$1,000,093$541,237$443,788$955,922
45$1,071,589$537,245$428,142$1,012,139
46$1,149,417$532,096$411,011$1,073,179
47$1,234,193$525,704$392,314$1,139,518
48$1,326,592$517,975$371,969$1,211,686
49$1,427,362$508,813$349,887$1,290,266
50$1,537,322$498,114$325,977$1,375,898
51$1,657,375$485,768$300,144$1,469,293
52$1,788,517$471,660$272,288$1,571,229
53$1,931,840$455,666$242,304$1,682,569
54$2,088,551$437,657$210,084$1,804,262
55$2,259,975$417,494$175,514$1,937,354
56$2,447,575$395,033$138,476$2,083,001
57$2,652,957$370,119$98,845$2,242,474
58$2,877,894$342,590$56,491$2,417,178
59$3,124,336$312,274$11,280$2,608,660
60$3,394,431$278,989$0$2,818,626
61$3,690,545$242,542$0$3,052,508
62$4,015,285$202,730$0$3,310,217
63$4,371,519$159,339$0$3,592,972
64$4,762,410$112,143$0$3,903,308
65$5,191,439$60,901$0$4,244,024
66$5,662,442$5,361$0$4,618,202
67$6,179,643$0$0$5,029,239
68$6,747,698$0$0$5,491,122
69$7,371,732$0$0$5,999,648
70$8,057,395$0$0$6,558,419
71$8,810,908$0$0$7,172,509
72$9,639,127$0$0$7,847,508
73$10,549,603$0$0$8,589,573
74$11,550,658$0$0$9,405,491
75$12,651,458$0$0$10,302,735
76$13,862,102$0$0$11,289,542
77$15,193,718$0$0$12,374,984
78$16,658,566$0$0$13,569,060
79$18,270,154$0$0$14,882,784
80$20,043,364$0$0$16,328,292
81$21,994,597$0$0$17,918,958
82$24,141,919$0$0$19,669,515
83$26,505,240$0$0$21,596,197
84$29,106,497$0$0$23,716,894
85$31,969,860$0$0$26,051,315
86$35,121,963$0$0$28,621,179
87$38,592,153$0$0$31,450,416
88$42,412,766$0$0$34,565,398
89$46,619,434$0$0$37,995,178
90$51,251,421$0$0$41,771,776
91$56,351,989$0$0$45,930,472
92$61,968,812$0$0$50,510,140
93$68,154,422$0$0$55,553,620
94$74,966,706$0$0$61,108,115
95$82,469,449$0$0$67,225,641
96$90,732,940$0$0$73,963,517
97$99,834,633$0$0$81,384,903
98$109,859,877$0$0$89,559,399
99$120,902,723$0$0$98,563,701
100$133,066,808$0$0$108,482,323