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%15.4%
1 years$42,033$41,658$41,293$40,937$40,588$39,688
2 years$20,808$20,421$20,045$19,681$19,328$18,425
3 years$13,734$13,345$12,971$12,610$12,262$11,386
4 years$10,198$9,810$9,439$9,085$8,746$7,902
5 years$8,077$7,691$7,325$6,978$6,648$5,840
6 years$6,663$6,280$5,920$5,580$5,261$4,488
7 years$5,654$5,274$4,919$4,588$4,278$3,542
8 years$4,897$4,521$4,172$3,849$3,549$2,849
9 years$4,309$3,936$3,593$3,278$2,989$2,324
10 years$3,839$3,470$3,133$2,826$2,547$1,917
11 years$3,454$3,089$2,758$2,459$2,190$1,594
12 years$3,134$2,772$2,448$2,157$1,898$1,335
13 years$2,863$2,505$2,187$1,904$1,655$1,124
14 years$2,631$2,277$1,965$1,691$1,451$951
15 years$2,431$2,080$1,774$1,508$1,277$807
16 years$2,255$1,909$1,608$1,350$1,129$687
17 years$2,100$1,758$1,464$1,213$1,001$587
18 years$1,963$1,624$1,336$1,093$890$502
19 years$1,840$1,505$1,223$988$793$430
20 years$1,730$1,399$1,123$895$709$369
21 years$1,630$1,303$1,033$812$634$318
22 years$1,540$1,216$952$738$568$273
23 years$1,457$1,138$879$672$510$235
24 years$1,382$1,066$813$613$459$203
25 years$1,312$1,000$753$560$413$175
26 years$1,248$940$698$512$372$151
27 years$1,189$885$648$469$335$131
28 years$1,134$834$603$429$302$113
29 years$1,084$787$561$394$273$98
30 years$1,036$743$522$361$247$84
31 years$992$702$487$332$223$73
32 years$950$664$454$305$202$63
33 years$912$629$424$280$183$55
34 years$875$596$396$258$165$47
35 years$841$566$371$238$150$41
36 years$808$537$347$219$136$35
37 years$778$510$324$202$123$31
38 years$749$485$304$186$111$27
39 years$722$461$285$171$101$23
40 years$696$438$267$158$92$20
41 years$671$417$250$146$83$17
42 years$648$397$235$135$75$15
43 years$626$379$220$124$69$13
44 years$605$361$207$115$62$11
45 years$585$344$194$106$56$10
46 years$565$328$182$98$51$8
47 years$547$313$171$90$47$7
48 years$530$299$161$84$42$6
49 years$513$286$151$77$38$5
50 years$497$273$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 $509,000, adding $4,964 every year, while hoping to spend $26,955 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: 84/9/7 Blend
34$509,000$509,000$509,000$509,000
35$566,038$539,061$531,172$612,818
36$595,094$536,795$520,286$641,837
37$626,211$533,515$508,132$669,535
38$659,569$529,142$494,640$699,111
39$695,369$523,594$479,734$730,737
40$733,828$516,782$463,337$764,601
41$775,188$508,613$445,368$800,910
42$819,712$498,990$425,742$839,894
43$867,688$487,807$404,371$881,804
44$919,436$474,953$381,161$926,917
45$975,305$460,311$356,016$975,538
46$1,035,677$443,758$328,834$1,028,005
47$1,100,976$425,162$299,509$1,084,688
48$1,171,665$404,384$267,932$1,145,994
49$1,248,253$381,277$233,986$1,212,374
50$1,331,300$355,686$197,550$1,284,323
51$1,421,425$327,446$158,500$1,362,387
52$1,519,303$296,384$116,703$1,447,167
53$1,625,681$262,316$72,021$1,539,327
54$1,741,379$225,048$24,313$1,639,598
55$1,867,299$184,375$0$1,748,785
56$2,004,435$140,080$0$1,869,762
57$2,153,879$91,935$0$2,003,587
58$2,316,833$39,699$0$2,149,534
59$2,494,621$0$0$2,308,802
60$2,688,699$0$0$2,484,388
61$2,900,673$0$0$2,680,466
62$3,132,305$0$0$2,894,738
63$3,385,541$0$0$3,129,003
64$3,662,520$0$0$3,385,242
65$3,965,597$0$0$3,665,635
66$4,297,368$0$0$3,972,583
67$4,660,689$0$0$4,308,732
68$5,058,705$0$0$4,676,992
69$5,494,882$0$0$5,080,571
70$5,973,035$0$0$5,523,001
71$6,497,367$0$0$6,008,171
72$7,072,505$0$0$6,540,367
73$7,703,548$0$0$7,124,306
74$8,396,112$0$0$7,765,186
75$9,156,381$0$0$8,468,734
76$9,991,169$0$0$9,241,256
77$10,907,983$0$0$10,089,699
78$11,915,089$0$0$11,021,718
79$13,021,596$0$0$12,045,743
80$14,237,539$0$0$13,171,062
81$15,573,973$0$0$14,407,909
82$17,043,074$0$0$15,767,556
83$18,658,262$0$0$17,262,423
84$20,434,318$0$0$18,906,194
85$22,387,528$0$0$20,713,944
86$24,535,836$0$0$22,702,283
87$26,899,012$0$0$24,889,512
88$29,498,839$0$0$27,295,793
89$32,359,316$0$0$29,943,342
90$35,506,887$0$0$32,856,639
91$38,970,689$0$0$36,062,652
92$42,782,824$0$0$39,591,099
93$46,978,666$0$0$43,474,725
94$51,597,192$0$0$47,749,609
95$56,681,349$0$0$52,455,506
96$62,278,459$0$0$57,636,220
97$68,440,666$0$0$63,340,020
98$75,225,427$0$0$69,620,092
99$82,696,053$0$0$76,535,043
100$90,922,309$0$0$84,149,450