Can I retire at age 35 with 509,000?

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 $509,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.8%
1 years$42,033$41,658$41,293$40,937$40,588$39,785
2 years$20,808$20,421$20,045$19,681$19,328$18,522
3 years$13,734$13,345$12,971$12,610$12,262$11,479
4 years$10,198$9,810$9,439$9,085$8,746$7,991
5 years$8,077$7,691$7,325$6,978$6,648$5,924
6 years$6,663$6,280$5,920$5,580$5,261$4,568
7 years$5,654$5,274$4,919$4,588$4,278$3,617
8 years$4,897$4,521$4,172$3,849$3,549$2,920
9 years$4,309$3,936$3,593$3,278$2,989$2,390
10 years$3,839$3,470$3,133$2,826$2,547$1,979
11 years$3,454$3,089$2,758$2,459$2,190$1,652
12 years$3,134$2,772$2,448$2,157$1,898$1,389
13 years$2,863$2,505$2,187$1,904$1,655$1,174
14 years$2,631$2,277$1,965$1,691$1,451$997
15 years$2,431$2,080$1,774$1,508$1,277$850
16 years$2,255$1,909$1,608$1,350$1,129$727
17 years$2,100$1,758$1,464$1,213$1,001$623
18 years$1,963$1,624$1,336$1,093$890$536
19 years$1,840$1,505$1,223$988$793$461
20 years$1,730$1,399$1,123$895$709$398
21 years$1,630$1,303$1,033$812$634$343
22 years$1,540$1,216$952$738$568$297
23 years$1,457$1,138$879$672$510$257
24 years$1,382$1,066$813$613$459$223
25 years$1,312$1,000$753$560$413$193
26 years$1,248$940$698$512$372$167
27 years$1,189$885$648$469$335$145
28 years$1,134$834$603$429$302$126
29 years$1,084$787$561$394$273$110
30 years$1,036$743$522$361$247$95
31 years$992$702$487$332$223$83
32 years$950$664$454$305$202$72
33 years$912$629$424$280$183$63
34 years$875$596$396$258$165$54
35 years$841$566$371$238$150$47
36 years$808$537$347$219$136$41
37 years$778$510$324$202$123$36
38 years$749$485$304$186$111$31
39 years$722$461$285$171$101$27
40 years$696$438$267$158$92$24
41 years$671$417$250$146$83$21
42 years$648$397$235$135$75$18
43 years$626$379$220$124$69$16
44 years$605$361$207$115$62$14
45 years$585$344$194$106$56$12
46 years$565$328$182$98$51$10
47 years$547$313$171$90$47$9
48 years$530$299$161$84$42$8
49 years$513$286$151$77$38$7
50 years$497$273$142$71$35$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $509,000, adding $4,178 every year, while hoping to spend $23,381 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: 66/21/13 Blend
34$509,000$509,000$509,000$509,000
35$565,228$538,251$530,361$600,576
36$598,004$539,748$523,251$626,181
37$633,339$540,534$515,119$651,027
38$671,471$540,552$505,906$677,593
39$712,658$539,736$495,551$706,046
40$757,186$538,020$483,989$736,571
41$805,369$535,333$471,153$769,372
42$857,551$531,599$456,971$804,672
43$914,112$526,738$441,371$842,721
44$975,469$520,665$424,274$883,792
45$1,042,080$513,291$405,600$928,188
46$1,114,449$504,519$385,265$976,244
47$1,193,131$494,249$363,180$1,028,329
48$1,278,737$482,374$339,252$1,084,851
49$1,371,937$468,779$313,387$1,146,261
50$1,473,471$453,346$285,481$1,213,056
51$1,584,152$435,947$255,432$1,285,786
52$1,704,874$416,447$223,128$1,365,056
53$1,836,624$394,705$188,454$1,451,537
54$1,980,483$370,569$151,292$1,545,968
55$2,137,647$343,882$111,515$1,649,166
56$2,309,429$314,474$68,993$1,762,031
57$2,497,276$282,168$23,589$1,885,558
58$2,702,780$246,777$0$2,020,845
59$2,927,695$208,100$0$2,172,554
60$3,173,953$165,929$0$2,342,288
61$3,443,679$120,043$0$2,528,271
62$3,739,215$70,206$0$2,732,152
63$4,063,141$16,172$0$2,955,755
64$4,418,297$0$0$3,201,087
65$4,807,812$0$0$3,480,143
66$5,235,130$0$0$3,790,415
67$5,704,048$0$0$4,130,927
68$6,218,747$0$0$4,504,718
69$6,783,830$0$0$4,915,138
70$7,404,372$0$0$5,365,876
71$8,085,959$0$0$5,860,994
72$8,834,747$0$0$6,404,971
73$9,657,519$0$0$7,002,736
74$10,561,745$0$0$7,659,725
75$11,555,655$0$0$8,381,921
76$12,648,318$0$0$9,175,920
77$13,849,723$0$0$10,048,987
78$15,170,876$0$0$11,009,126
79$16,623,904$0$0$12,065,156
80$18,222,167$0$0$13,226,794
81$19,980,385$0$0$14,504,745
82$21,914,778$0$0$15,910,805
83$24,043,216$0$0$17,457,970
84$26,385,387$0$0$19,160,561
85$28,962,988$0$0$21,034,355
86$31,799,922$0$0$23,096,737
87$34,922,529$0$0$25,366,864
88$38,359,831$0$0$27,865,843
89$42,143,806$0$0$30,616,932
90$46,309,692$0$0$33,645,758
91$50,896,316$0$0$36,980,561
92$55,946,461$0$0$40,652,456
93$61,507,271$0$0$44,695,730
94$67,630,692$0$0$49,148,166
95$74,373,967$0$0$54,051,394
96$81,800,173$0$0$59,451,289
97$89,978,813$0$0$65,398,404
98$98,986,477$0$0$71,948,442
99$108,907,563$0$0$79,162,784
100$119,835,071$0$0$87,109,071