Can I retire at age 35 with 514,000?

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 $514,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19%
1 years$42,446$42,068$41,699$41,339$40,987$39,501
2 years$21,013$20,621$20,242$19,874$19,518$18,037
3 years$13,869$13,476$13,098$12,734$12,383$10,954
4 years$10,298$9,906$9,532$9,174$8,832$7,465
5 years$8,156$7,767$7,397$7,046$6,714$5,414
6 years$6,729$6,342$5,978$5,635$5,312$4,079
7 years$5,709$5,326$4,968$4,633$4,320$3,154
8 years$4,945$4,566$4,213$3,886$3,584$2,484
9 years$4,351$3,975$3,629$3,310$3,018$1,983
10 years$3,876$3,504$3,164$2,854$2,572$1,599
11 years$3,488$3,119$2,785$2,483$2,212$1,299
12 years$3,165$2,800$2,472$2,178$1,917$1,062
13 years$2,891$2,530$2,208$1,923$1,671$873
14 years$2,657$2,300$1,984$1,707$1,465$720
15 years$2,454$2,101$1,791$1,522$1,290$596
16 years$2,277$1,928$1,624$1,363$1,140$495
17 years$2,121$1,775$1,478$1,225$1,011$411
18 years$1,982$1,640$1,349$1,104$899$343
19 years$1,858$1,520$1,235$997$801$286
20 years$1,747$1,413$1,134$903$716$239
21 years$1,646$1,316$1,043$820$640$200
22 years$1,555$1,228$961$745$574$167
23 years$1,472$1,149$887$679$515$140
24 years$1,395$1,076$821$619$463$117
25 years$1,325$1,010$760$565$417$98
26 years$1,261$949$705$517$375$82
27 years$1,201$893$655$473$338$69
28 years$1,146$842$608$434$305$58
29 years$1,094$794$566$398$276$49
30 years$1,046$750$527$365$249$41
31 years$1,002$709$492$335$225$34
32 years$960$671$459$308$204$29
33 years$920$635$428$283$184$24
34 years$884$602$400$261$167$20
35 years$849$571$374$240$151$17
36 years$816$542$350$221$137$14
37 years$786$515$328$204$124$12
38 years$756$489$307$188$113$10
39 years$729$465$287$173$102$9
40 years$703$443$269$160$93$7
41 years$678$421$253$147$84$6
42 years$654$401$237$136$76$5
43 years$632$382$222$125$69$4
44 years$611$364$209$116$63$4
45 years$590$348$196$107$57$3
46 years$571$332$184$99$52$3
47 years$553$316$173$91$47$2
48 years$535$302$163$84$43$2
49 years$518$288$153$78$39$1
50 years$502$276$144$72$35$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $514,000, adding $3,869 every year, while hoping to spend $26,077 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: 59/36/5 Blend
34$514,000$514,000$514,000$514,000
35$570,419$543,177$535,210$603,340
36$600,856$542,047$525,394$624,718
37$633,523$539,987$514,375$644,681
38$668,622$536,926$502,085$665,781
39$706,370$532,784$488,454$688,130
40$747,009$527,480$473,406$711,848
41$790,804$520,926$456,866$737,072
42$838,046$513,031$438,750$763,951
43$889,054$503,697$418,975$792,652
44$944,178$492,819$397,452$823,359
45$1,003,805$480,288$374,088$856,277
46$1,068,359$465,988$348,785$891,632
47$1,138,305$449,795$321,443$929,676
48$1,214,156$431,579$291,956$970,689
49$1,296,477$411,203$260,212$1,014,977
50$1,385,885$388,520$226,098$1,062,884
51$1,483,065$363,376$189,491$1,114,789
52$1,588,765$335,609$150,267$1,171,110
53$1,703,811$305,046$108,292$1,232,314
54$1,829,111$271,504$63,431$1,298,914
55$1,965,664$234,792$15,540$1,371,481
56$2,114,569$194,705$0$1,450,644
57$2,277,039$151,028$0$1,539,000
58$2,454,403$103,535$0$1,636,430
59$2,648,130$51,986$0$1,742,968
60$2,859,833$0$0$1,859,569
61$3,091,290$0$0$1,988,820
62$3,344,458$0$0$2,152,761
63$3,621,492$0$0$2,332,198
64$3,924,764$0$0$2,528,673
65$4,256,887$0$0$2,743,884
66$4,620,738$0$0$2,979,701
67$5,019,486$0$0$3,238,184
68$5,456,620$0$0$3,521,600
69$5,935,984$0$0$3,832,448
70$6,461,810$0$0$4,173,479
71$7,038,763$0$0$4,547,724
72$7,671,977$0$0$4,958,522
73$8,367,109$0$0$5,409,549
74$9,130,391$0$0$5,904,857
75$9,968,689$0$0$6,448,908
76$10,889,562$0$0$7,046,617
77$11,901,343$0$0$7,703,399
78$13,013,209$0$0$8,425,222
79$14,235,270$0$0$9,218,656
80$15,578,664$0$0$10,090,944
81$17,055,664$0$0$11,050,063
82$18,679,789$0$0$12,104,802
83$20,465,934$0$0$13,264,845
84$22,430,512$0$0$14,540,861
85$24,591,604$0$0$15,944,605
86$26,969,133$0$0$17,489,029
87$29,585,049$0$0$19,188,404
88$32,463,538$0$0$21,058,453
89$35,631,248$0$0$23,116,501
90$39,117,542$0$0$25,381,638
91$42,954,773$0$0$27,874,897
92$47,178,590$0$0$30,619,455
93$51,828,273$0$0$33,640,849
94$56,947,104$0$0$36,967,220
95$62,582,775$0$0$40,629,573
96$68,787,836$0$0$44,662,074
97$75,620,195$0$0$49,102,371
98$83,143,658$0$0$53,991,949
99$91,428,536$0$0$59,376,519
100$100,552,304$0$0$65,306,454