Can I retire at age 35 with 513,000?

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 $513,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.1%
1 years$42,363$41,986$41,618$41,258$40,907$40,049
2 years$20,972$20,581$20,203$19,836$19,480$18,619
3 years$13,842$13,450$13,072$12,709$12,359$11,522
4 years$10,278$9,887$9,513$9,156$8,814$8,009
5 years$8,140$7,752$7,383$7,033$6,701$5,928
6 years$6,716$6,330$5,966$5,624$5,302$4,564
7 years$5,698$5,316$4,958$4,624$4,312$3,608
8 years$4,936$4,557$4,205$3,879$3,577$2,907
9 years$4,343$3,967$3,622$3,304$3,012$2,376
10 years$3,869$3,497$3,157$2,848$2,567$1,963
11 years$3,481$3,113$2,780$2,479$2,207$1,636
12 years$3,159$2,794$2,467$2,174$1,913$1,372
13 years$2,886$2,525$2,204$1,919$1,668$1,158
14 years$2,652$2,295$1,980$1,704$1,462$981
15 years$2,450$2,097$1,788$1,520$1,288$835
16 years$2,273$1,924$1,621$1,361$1,138$712
17 years$2,117$1,772$1,475$1,222$1,009$610
18 years$1,978$1,637$1,347$1,102$897$523
19 years$1,855$1,517$1,233$995$800$449
20 years$1,744$1,410$1,131$902$714$386
21 years$1,643$1,313$1,041$818$639$333
22 years$1,552$1,226$959$744$573$287
23 years$1,469$1,147$886$678$514$248
24 years$1,393$1,074$819$618$462$214
25 years$1,323$1,008$759$564$416$185
26 years$1,258$948$704$516$375$160
27 years$1,199$892$653$472$338$139
28 years$1,143$840$607$433$305$120
29 years$1,092$793$565$397$275$104
30 years$1,044$749$526$364$249$90
31 years$1,000$708$491$334$225$78
32 years$958$670$458$307$203$68
33 years$919$634$428$283$184$59
34 years$882$601$399$260$167$51
35 years$847$570$373$239$151$44
36 years$815$541$349$221$137$39
37 years$784$514$327$203$124$33
38 years$755$488$306$187$112$29
39 years$727$464$287$173$102$25
40 years$701$442$269$159$92$22
41 years$677$421$252$147$84$19
42 years$653$401$237$136$76$17
43 years$631$382$222$125$69$14
44 years$610$364$208$116$63$12
45 years$589$347$196$107$57$11
46 years$570$331$184$99$52$9
47 years$551$316$173$91$47$8
48 years$534$301$162$84$43$7
49 years$517$288$152$78$39$6
50 years$501$275$143$72$35$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $513,000, adding $4,500 every year, while hoping to spend $23,973 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: 61/31/8 Blend
34$513,000$513,000$513,000$513,000
35$569,968$542,779$534,827$603,498
36$602,597$543,868$527,237$627,573
37$637,752$544,207$518,589$650,664
38$675,663$543,734$508,822$675,254
39$716,586$542,382$497,873$701,487
40$760,802$540,083$485,676$729,524
41$808,618$536,761$472,161$759,543
42$860,374$532,339$457,254$791,738
43$916,440$526,732$440,880$826,327
44$977,227$519,852$422,960$863,551
45$1,043,184$511,605$403,409$903,673
46$1,114,807$501,891$382,142$946,987
47$1,192,640$490,606$359,066$993,818
48$1,277,282$477,639$334,087$1,044,524
49$1,369,391$462,869$307,106$1,099,501
50$1,469,693$446,174$278,018$1,159,189
51$1,578,986$427,420$246,715$1,224,070
52$1,698,147$406,468$213,084$1,294,681
53$1,828,142$383,170$177,007$1,371,613
54$1,970,036$357,369$138,361$1,455,520
55$2,124,999$328,899$97,015$1,547,125
56$2,294,320$297,586$52,836$1,647,227
57$2,479,417$263,245$5,683$1,756,706
58$2,681,853$225,679$0$1,876,539
59$2,903,349$184,684$0$2,011,611
60$3,145,796$140,040$0$2,160,068
61$3,411,283$91,517$0$2,322,749
62$3,702,104$38,871$0$2,501,121
63$4,020,790$0$0$2,696,799
64$4,370,125$0$0$2,917,761
65$4,753,177$0$0$3,174,629
66$5,173,326$0$0$3,456,414
67$5,634,293$0$0$3,765,617
68$6,140,177$0$0$4,104,994
69$6,695,493$0$0$4,477,578
70$7,305,216$0$0$4,886,713
71$7,974,824$0$0$5,336,081
72$8,710,354$0$0$5,829,739
73$9,518,453$0$0$6,372,155
74$10,406,447$0$0$6,968,253
75$11,382,406$0$0$7,623,456
76$12,455,219$0$0$8,343,740
77$13,634,681$0$0$9,135,687
78$14,931,583$0$0$10,006,551
79$16,357,812$0$0$10,964,322
80$17,926,469$0$0$12,017,805
81$19,651,983$0$0$13,176,699
82$21,550,256$0$0$14,451,693
83$23,638,806$0$0$15,854,561
84$25,936,937$0$0$17,398,279
85$28,465,916$0$0$19,097,143
86$31,249,179$0$0$20,966,904
87$34,312,547$0$0$23,024,920
88$37,684,471$0$0$25,290,314
89$41,396,300$0$0$27,784,158
90$45,482,579$0$0$30,529,674
91$49,981,369$0$0$33,552,445
92$54,934,612$0$0$36,880,664
93$60,388,523$0$0$40,545,396
94$66,394,026$0$0$44,580,873
95$73,007,236$0$0$49,024,813
96$80,289,985$0$0$53,918,781
97$88,310,409$0$0$59,308,577
98$97,143,587$0$0$65,244,670
99$106,872,254$0$0$71,782,673
100$117,587,575$0$0$78,983,868