Can I retire at age 35 with 516,000?

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 $516,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.5%
1 years$42,611$42,231$41,861$41,499$41,147$39,893
2 years$21,094$20,702$20,321$19,952$19,594$18,342
3 years$13,923$13,529$13,149$12,783$12,431$11,220
4 years$10,338$9,945$9,569$9,210$8,866$7,705
5 years$8,188$7,797$7,426$7,074$6,740$5,631
6 years$6,755$6,367$6,001$5,657$5,333$4,279
7 years$5,732$5,347$4,987$4,651$4,337$3,337
8 years$4,965$4,583$4,229$3,902$3,598$2,651
9 years$4,368$3,991$3,643$3,323$3,030$2,136
10 years$3,891$3,517$3,176$2,865$2,582$1,738
11 years$3,502$3,131$2,796$2,493$2,220$1,426
12 years$3,177$2,811$2,481$2,187$1,924$1,178
13 years$2,903$2,540$2,217$1,931$1,678$978
14 years$2,668$2,309$1,992$1,714$1,471$815
15 years$2,464$2,109$1,798$1,528$1,295$682
16 years$2,286$1,935$1,631$1,369$1,145$572
17 years$2,129$1,782$1,484$1,230$1,015$481
18 years$1,990$1,647$1,354$1,108$902$405
19 years$1,866$1,526$1,240$1,001$804$342
20 years$1,754$1,418$1,138$907$718$289
21 years$1,653$1,321$1,047$823$643$244
22 years$1,561$1,233$965$748$576$207
23 years$1,477$1,153$891$682$517$175
24 years$1,401$1,081$824$622$465$149
25 years$1,330$1,014$763$568$418$126
26 years$1,266$953$708$519$377$107
27 years$1,206$897$657$475$340$91
28 years$1,150$845$611$435$307$77
29 years$1,098$797$568$399$277$66
30 years$1,050$753$529$366$250$56
31 years$1,005$712$494$336$226$47
32 years$963$674$461$309$205$40
33 years$924$638$430$284$185$34
34 years$887$605$402$262$168$29
35 years$852$573$376$241$152$25
36 years$820$544$351$222$138$21
37 years$789$517$329$204$125$18
38 years$759$491$308$188$113$15
39 years$732$467$289$174$102$13
40 years$705$444$270$160$93$11
41 years$681$423$254$148$84$9
42 years$657$403$238$136$77$8
43 years$634$384$223$126$69$7
44 years$613$366$210$116$63$6
45 years$593$349$197$107$57$5
46 years$573$333$185$99$52$4
47 years$555$318$174$92$47$4
48 years$537$303$163$85$43$3
49 years$520$290$153$78$39$3
50 years$504$277$144$72$35$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $516,000, adding $5,904 every year, while hoping to spend $33,085 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: 38/38/24 Blend
34$516,000$516,000$516,000$516,000
35$574,722$547,374$539,376$592,253
36$598,141$538,993$522,243$597,171
37$622,841$529,093$503,427$598,973
38$648,916$517,563$482,837$600,264
39$676,470$504,289$460,377$601,018
40$705,619$489,148$435,948$601,209
41$736,485$472,009$409,446$600,811
42$769,204$452,736$380,760$599,799
43$803,926$431,182$349,778$598,150
44$840,811$407,195$316,380$595,840
45$880,037$380,611$280,443$592,849
46$921,799$351,259$241,835$589,156
47$966,308$318,956$200,422$584,745
48$1,013,797$283,511$156,062$579,602
49$1,064,522$244,720$108,608$573,715
50$1,118,761$202,369$57,904$567,078
51$1,176,820$156,231$3,789$559,689
52$1,239,036$106,066$0$551,551
53$1,305,776$51,622$0$556,493
54$1,377,445$0$0$562,647
55$1,454,487$0$0$572,197
56$1,537,388$0$0$605,750
57$1,626,683$0$0$641,945
58$1,722,959$0$0$681,026
59$1,826,862$0$0$723,261
60$1,939,099$0$0$768,946
61$2,060,451$0$0$818,406
62$2,191,773$0$0$871,999
63$2,334,006$0$0$930,117
64$2,488,185$0$0$993,192
65$2,655,447$0$0$1,061,699
66$2,837,045$0$0$1,136,161
67$3,034,354$0$0$1,217,152
68$3,248,889$0$0$1,305,304
69$3,482,314$0$0$1,401,315
70$3,736,463$0$0$1,505,949
71$4,013,352$0$0$1,620,049
72$4,315,201$0$0$1,744,543
73$4,644,452$0$0$1,880,451
74$5,003,792$0$0$2,028,898
75$5,396,183$0$0$2,191,121
76$5,824,880$0$0$2,368,482
77$6,293,470$0$0$2,562,480
78$6,805,902$0$0$2,774,767
79$7,366,522$0$0$3,007,162
80$7,980,118$0$0$3,261,665
81$8,651,960$0$0$3,540,483
82$9,387,853$0$0$3,846,044
83$10,194,189$0$0$4,181,021
84$11,078,008$0$0$4,548,360
85$12,047,062$0$0$4,951,305
86$13,109,892$0$0$5,393,430
87$14,275,903$0$0$5,878,669
88$15,555,453$0$0$6,411,360
89$16,959,955$0$0$6,996,276
90$18,501,979$0$0$7,638,678
91$20,195,370$0$0$8,344,363
92$22,055,382$0$0$9,119,713
93$24,098,818$0$0$9,971,762
94$26,344,189$0$0$10,908,258
95$28,811,888$0$0$11,937,737
96$31,524,380$0$0$13,069,603
97$34,506,417$0$0$14,314,217
98$37,785,269$0$0$15,682,995
99$41,390,978$0$0$17,188,513
100$45,356,645$0$0$18,844,628