Can I retire at age 35 with 508,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $508,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.5%
1 years$41,950$41,576$41,212$40,856$40,509$39,275
2 years$20,767$20,381$20,006$19,642$19,290$18,057
3 years$13,707$13,319$12,945$12,585$12,238$11,046
4 years$10,178$9,791$9,421$9,067$8,728$7,585
5 years$8,061$7,676$7,311$6,964$6,635$5,544
6 years$6,650$6,268$5,908$5,569$5,250$4,212
7 years$5,643$5,264$4,910$4,579$4,270$3,285
8 years$4,888$4,512$4,164$3,841$3,542$2,610
9 years$4,301$3,929$3,586$3,272$2,983$2,102
10 years$3,831$3,463$3,127$2,820$2,542$1,711
11 years$3,447$3,083$2,753$2,454$2,186$1,404
12 years$3,128$2,767$2,443$2,153$1,894$1,160
13 years$2,858$2,501$2,183$1,901$1,652$963
14 years$2,626$2,273$1,961$1,687$1,448$803
15 years$2,426$2,076$1,771$1,505$1,275$672
16 years$2,251$1,905$1,605$1,347$1,127$563
17 years$2,096$1,754$1,461$1,211$999$474
18 years$1,959$1,621$1,333$1,091$888$399
19 years$1,837$1,503$1,221$986$792$337
20 years$1,727$1,396$1,120$893$707$284
21 years$1,627$1,301$1,030$810$633$241
22 years$1,537$1,214$950$737$567$204
23 years$1,454$1,135$877$671$509$173
24 years$1,379$1,064$811$612$458$146
25 years$1,310$998$751$559$412$124
26 years$1,246$938$697$511$371$105
27 years$1,187$883$647$468$335$89
28 years$1,132$832$601$429$302$76
29 years$1,081$785$560$393$273$65
30 years$1,034$741$521$361$246$55
31 years$990$701$486$331$223$47
32 years$949$663$453$304$201$40
33 years$910$628$423$280$182$34
34 years$873$595$396$258$165$29
35 years$839$564$370$237$149$24
36 years$807$536$346$218$135$21
37 years$776$509$324$201$123$18
38 years$748$484$303$185$111$15
39 years$720$460$284$171$101$13
40 years$695$438$266$158$92$11
41 years$670$416$250$146$83$9
42 years$647$397$234$134$75$8
43 years$625$378$220$124$68$7
44 years$604$360$206$114$62$6
45 years$584$344$194$106$56$5
46 years$564$328$182$98$51$4
47 years$546$313$171$90$46$4
48 years$529$299$161$83$42$3
49 years$512$285$151$77$38$3
50 years$496$272$142$71$35$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $508,000, adding $2,536 every year, while hoping to spend $22,418 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: 47/33/20 Blend
34$508,000$508,000$508,000$508,000
35$562,432$535,508$527,634$585,559
36$595,947$537,895$521,457$604,342
37$632,130$539,648$514,322$622,268
38$671,228$540,712$506,173$641,257
39$713,515$541,028$496,951$661,419
40$759,291$540,536$486,596$682,876
41$808,885$539,168$475,043$705,762
42$862,660$536,857$462,226$730,226
43$921,015$533,527$448,075$756,437
44$984,389$529,100$432,516$784,579
45$1,053,265$523,493$415,473$814,857
46$1,128,172$516,619$396,865$847,498
47$1,209,695$508,383$376,610$882,757
48$1,298,477$498,686$354,619$920,914
49$1,395,224$487,425$330,801$962,279
50$1,500,715$474,487$305,062$1,007,197
51$1,615,807$459,755$277,299$1,056,051
52$1,741,441$443,105$247,411$1,109,265
53$1,878,655$424,405$215,287$1,167,308
54$2,028,593$403,515$180,814$1,230,700
55$2,192,511$380,289$143,873$1,300,017
56$2,371,795$354,571$104,340$1,375,897
57$2,567,968$326,195$62,086$1,459,045
58$2,782,710$294,988$16,975$1,550,243
59$3,017,869$260,765$0$1,650,355
60$3,275,481$223,331$0$1,766,990
61$3,557,788$182,482$0$1,898,852
62$3,867,258$138,000$0$2,043,519
63$4,206,612$89,655$0$2,202,320
64$4,578,843$37,206$0$2,376,721
65$4,987,252$0$0$2,568,343
66$5,435,472$0$0$2,786,093
67$5,927,505$0$0$3,040,018
68$6,467,760$0$0$3,318,891
69$7,061,094$0$0$3,625,225
70$7,712,858$0$0$3,961,792
71$8,428,944$0$0$4,331,642
72$9,215,847$0$0$4,738,138
73$10,080,718$0$0$5,184,983
74$11,031,440$0$0$5,676,259
75$12,076,694$0$0$6,216,461
76$13,226,045$0$0$6,810,542
77$14,490,032$0$0$7,463,959
78$15,880,266$0$0$8,182,725
79$17,409,540$0$0$8,973,464
80$19,091,949$0$0$9,843,477
81$20,943,022$0$0$10,800,804
82$22,979,872$0$0$11,854,307
83$25,221,350$0$0$13,013,750
84$27,688,232$0$0$14,289,891
85$30,403,406$0$0$15,694,583
86$33,392,094$0$0$17,240,889
87$36,682,085$0$0$18,943,199
88$40,304,002$0$0$20,817,373
89$44,291,585$0$0$22,880,885
90$48,682,013$0$0$25,152,989
91$53,516,254$0$0$27,654,903
92$58,839,452$0$0$30,410,006
93$64,701,349$0$0$33,444,060
94$71,156,757$0$0$36,785,452
95$78,266,078$0$0$40,465,465
96$86,095,866$0$0$44,518,568
97$94,719,462$0$0$48,982,745
98$104,217,682$0$0$53,899,851
99$114,679,580$0$0$59,316,009
100$126,203,291$0$0$65,282,044