Can I retire at age 35 with 512,000?

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 $512,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.7%
1 years$42,280$41,904$41,536$41,178$40,828$40,368
2 years$20,931$20,541$20,163$19,797$19,442$18,979
3 years$13,815$13,424$13,047$12,684$12,335$11,883
4 years$10,258$9,868$9,495$9,138$8,797$8,360
5 years$8,125$7,737$7,368$7,019$6,687$6,267
6 years$6,703$6,318$5,955$5,613$5,292$4,887
7 years$5,687$5,305$4,948$4,615$4,303$3,916
8 years$4,926$4,548$4,197$3,871$3,570$3,199
9 years$4,334$3,960$3,615$3,298$3,007$2,652
10 years$3,861$3,490$3,151$2,842$2,562$2,224
11 years$3,475$3,107$2,774$2,474$2,203$1,881
12 years$3,152$2,789$2,462$2,170$1,909$1,603
13 years$2,880$2,520$2,200$1,916$1,665$1,374
14 years$2,647$2,291$1,977$1,701$1,459$1,183
15 years$2,445$2,093$1,785$1,517$1,285$1,023
16 years$2,268$1,920$1,618$1,358$1,136$888
17 years$2,113$1,768$1,472$1,220$1,007$773
18 years$1,975$1,634$1,344$1,100$895$674
19 years$1,851$1,514$1,230$994$798$590
20 years$1,740$1,407$1,129$900$713$516
21 years$1,640$1,311$1,039$817$638$453
22 years$1,549$1,224$957$743$572$398
23 years$1,466$1,144$884$676$513$350
24 years$1,390$1,072$817$617$461$308
25 years$1,320$1,006$757$563$415$272
26 years$1,256$946$702$515$374$240
27 years$1,196$890$652$471$337$212
28 years$1,141$839$606$432$304$187
29 years$1,090$791$564$396$275$165
30 years$1,042$747$525$363$248$146
31 years$998$706$490$334$224$129
32 years$956$668$457$307$203$114
33 years$917$633$427$282$184$101
34 years$880$600$399$260$166$90
35 years$846$569$373$239$151$79
36 years$813$540$349$220$136$70
37 years$782$513$326$203$124$62
38 years$753$487$306$187$112$55
39 years$726$463$286$172$102$49
40 years$700$441$268$159$92$43
41 years$675$420$252$147$84$38
42 years$652$400$236$135$76$34
43 years$630$381$222$125$69$30
44 years$608$363$208$115$63$27
45 years$588$346$195$107$57$24
46 years$569$330$183$98$52$21
47 years$550$315$172$91$47$19
48 years$533$301$162$84$43$17
49 years$516$287$152$78$39$15
50 years$500$274$143$72$35$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $512,000, adding $5,544 every year, while hoping to spend $23,325 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: 53/42/5 Blend
34$512,000$512,000$512,000$512,000
35$569,943$542,807$534,871$599,233
36$603,259$544,587$527,971$621,450
37$639,192$545,672$520,059$642,566
38$677,984$546,004$511,075$664,967
39$719,901$545,521$500,959$688,777
40$765,235$544,156$489,645$714,134
41$814,309$541,839$477,068$741,193
42$867,475$538,496$463,156$770,123
43$925,122$534,047$447,837$801,112
44$987,678$528,409$431,033$834,371
45$1,055,613$521,492$412,664$870,129
46$1,129,444$513,204$392,647$908,643
47$1,209,740$503,443$370,893$950,197
48$1,297,126$492,105$347,310$995,106
49$1,392,291$479,076$321,804$1,043,716
50$1,495,993$464,239$294,273$1,096,415
51$1,609,066$447,469$264,612$1,153,627
52$1,732,428$428,631$232,714$1,215,825
53$1,867,088$407,587$198,462$1,283,531
54$2,014,160$384,187$161,739$1,357,323
55$2,174,866$358,275$122,420$1,437,841
56$2,350,555$329,683$80,373$1,525,792
57$2,542,711$298,237$35,465$1,621,958
58$2,752,967$263,750$0$1,727,205
59$2,983,123$226,027$0$1,843,154
60$3,235,159$184,860$0$1,972,260
61$3,511,258$140,030$0$2,113,808
62$3,813,821$91,306$0$2,269,098
63$4,145,494$38,444$0$2,439,568
64$4,509,192$0$0$2,626,807
65$4,908,125$0$0$2,841,265
66$5,345,826$0$0$3,096,109
67$5,826,191$0$0$3,375,847
68$6,353,509$0$0$3,682,982
69$6,932,504$0$0$4,020,272
70$7,568,381$0$0$4,390,758
71$8,266,873$0$0$4,797,786
72$9,034,297$0$0$5,245,045
73$9,877,611$0$0$5,736,597
74$10,804,480$0$0$6,276,920
75$11,823,349$0$0$6,870,944
76$12,943,522$0$0$7,524,103
77$14,175,250$0$0$8,242,381
78$15,529,826$0$0$9,032,375
79$17,019,693$0$0$9,901,351
80$18,658,560$0$0$10,857,314
81$20,461,532$0$0$11,909,084
82$22,445,250$0$0$13,066,382
83$24,628,051$0$0$14,339,915
84$27,030,140$0$0$15,741,482
85$29,673,778$0$0$17,284,084
86$32,583,494$0$0$18,982,046
87$35,786,315$0$0$20,851,153
88$39,312,021$0$0$22,908,796
89$43,193,428$0$0$25,174,139
90$47,466,694$0$0$27,668,300
91$52,171,660$0$0$30,414,547
92$57,352,228$0$0$33,438,519
93$63,056,775$0$0$36,768,470
94$69,338,606$0$0$40,435,532
95$76,256,460$0$0$44,474,009
96$83,875,062$0$0$48,921,703
97$92,265,736$0$0$53,820,270
98$101,507,075$0$0$59,215,609
99$111,685,682$0$0$65,158,302
100$122,896,991$0$0$71,704,085