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%15.6%
1 years$42,033$41,658$41,293$40,937$40,588$39,655
2 years$20,808$20,421$20,045$19,681$19,328$18,393
3 years$13,734$13,345$12,971$12,610$12,262$11,355
4 years$10,198$9,810$9,439$9,085$8,746$7,873
5 years$8,077$7,691$7,325$6,978$6,648$5,812
6 years$6,663$6,280$5,920$5,580$5,261$4,462
7 years$5,654$5,274$4,919$4,588$4,278$3,518
8 years$4,897$4,521$4,172$3,849$3,549$2,826
9 years$4,309$3,936$3,593$3,278$2,989$2,303
10 years$3,839$3,470$3,133$2,826$2,547$1,897
11 years$3,454$3,089$2,758$2,459$2,190$1,576
12 years$3,134$2,772$2,448$2,157$1,898$1,318
13 years$2,863$2,505$2,187$1,904$1,655$1,108
14 years$2,631$2,277$1,965$1,691$1,451$936
15 years$2,431$2,080$1,774$1,508$1,277$793
16 years$2,255$1,909$1,608$1,350$1,129$675
17 years$2,100$1,758$1,464$1,213$1,001$575
18 years$1,963$1,624$1,336$1,093$890$491
19 years$1,840$1,505$1,223$988$793$421
20 years$1,730$1,399$1,123$895$709$360
21 years$1,630$1,303$1,033$812$634$309
22 years$1,540$1,216$952$738$568$266
23 years$1,457$1,138$879$672$510$229
24 years$1,382$1,066$813$613$459$197
25 years$1,312$1,000$753$560$413$170
26 years$1,248$940$698$512$372$146
27 years$1,189$885$648$469$335$126
28 years$1,134$834$603$429$302$109
29 years$1,084$787$561$394$273$94
30 years$1,036$743$522$361$247$81
31 years$992$702$487$332$223$70
32 years$950$664$454$305$202$60
33 years$912$629$424$280$183$52
34 years$875$596$396$258$165$45
35 years$841$566$371$238$150$39
36 years$808$537$347$219$136$34
37 years$778$510$324$202$123$29
38 years$749$485$304$186$111$25
39 years$722$461$285$171$101$22
40 years$696$438$267$158$92$19
41 years$671$417$250$146$83$16
42 years$648$397$235$135$75$14
43 years$626$379$220$124$69$12
44 years$605$361$207$115$62$11
45 years$585$344$194$106$56$9
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$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $509,000, adding $3,977 every year, while hoping to spend $23,806 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: 80/9/11 Blend
34$509,000$509,000$509,000$509,000
35$565,020$538,043$530,154$608,821
36$597,323$539,078$522,585$639,176
37$632,123$539,366$513,964$668,974
38$669,649$538,844$504,231$700,976
39$710,154$537,448$493,324$735,389
40$753,915$535,108$481,175$772,445
41$801,236$531,751$467,717$812,397
42$852,452$527,296$452,875$855,525
43$907,931$521,663$436,576$902,137
44$968,078$514,762$418,739$952,572
45$1,033,337$506,501$399,282$1,007,204
46$1,104,198$496,780$378,118$1,066,446
47$1,181,198$485,494$355,157$1,130,752
48$1,264,931$472,534$330,305$1,200,622
49$1,356,046$457,780$303,463$1,276,609
50$1,455,261$441,110$274,527$1,359,320
51$1,563,365$422,391$243,391$1,449,428
52$1,681,224$401,485$209,941$1,547,670
53$1,809,795$378,243$174,059$1,654,862
54$1,950,127$352,511$135,624$1,771,902
55$2,103,380$324,124$94,507$1,899,780
56$2,270,826$292,907$50,574$2,039,588
57$2,453,868$258,677$3,686$2,192,528
58$2,654,050$221,239$0$2,359,928
59$2,873,071$180,389$0$2,548,690
60$3,112,805$135,908$0$2,755,801
61$3,375,312$87,569$0$2,982,623
62$3,662,862$35,128$0$3,231,135
63$3,977,956$0$0$3,503,516
64$4,323,345$0$0$3,804,314
65$4,702,063$0$0$4,137,967
66$5,117,449$0$0$4,503,939
67$5,573,181$0$0$4,905,473
68$6,073,311$0$0$5,346,140
69$6,622,302$0$0$5,829,875
70$7,225,069$0$0$6,361,012
71$7,887,028$0$0$6,944,324
72$8,614,145$0$0$7,585,071
73$9,412,991$0$0$8,289,045
74$10,290,805$0$0$9,062,628
75$11,255,564$0$0$9,912,853
76$12,316,054$0$0$10,847,464
77$13,481,955$0$0$11,874,995
78$14,763,932$0$0$13,004,850
79$16,173,736$0$0$14,247,385
80$17,724,311$0$0$15,614,014
81$19,429,923$0$0$17,117,312
82$21,306,286$0$0$18,771,131
83$23,370,714$0$0$20,590,738
84$25,642,287$0$0$22,592,951
85$28,142,025$0$0$24,796,301
86$30,893,089$0$0$27,221,207
87$33,920,999$0$0$29,890,168
88$37,253,876$0$0$32,827,973
89$40,922,705$0$0$36,061,938
90$44,961,625$0$0$39,622,161
91$49,408,256$0$0$43,541,807
92$54,304,050$0$0$47,857,419
93$59,694,685$0$0$52,609,266
94$65,630,490$0$0$57,841,719
95$72,166,927$0$0$63,603,670
96$79,365,107$0$0$69,948,997
97$87,292,371$0$0$76,937,066
98$96,022,926$0$0$84,633,296
99$105,638,538$0$0$93,109,774
100$116,229,314$0$0$102,445,936