Can I retire at age 35 with 517,000?

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 $517,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.4%
1 years$42,693$42,313$41,942$41,580$41,226$39,987
2 years$21,135$20,742$20,360$19,990$19,632$18,393
3 years$13,950$13,555$13,174$12,808$12,455$11,257
4 years$10,358$9,964$9,588$9,227$8,883$7,734
5 years$8,204$7,812$7,440$7,088$6,753$5,656
6 years$6,768$6,379$6,013$5,668$5,343$4,300
7 years$5,743$5,357$4,997$4,660$4,345$3,355
8 years$4,974$4,592$4,238$3,909$3,605$2,667
9 years$4,377$3,998$3,650$3,330$3,036$2,150
10 years$3,899$3,524$3,182$2,870$2,587$1,751
11 years$3,508$3,137$2,801$2,498$2,225$1,438
12 years$3,183$2,816$2,486$2,191$1,928$1,188
13 years$2,908$2,545$2,221$1,934$1,681$987
14 years$2,673$2,313$1,996$1,717$1,474$824
15 years$2,469$2,113$1,802$1,531$1,298$689
16 years$2,291$1,939$1,634$1,371$1,147$579
17 years$2,133$1,786$1,487$1,232$1,017$487
18 years$1,994$1,650$1,357$1,110$904$411
19 years$1,869$1,529$1,242$1,003$806$347
20 years$1,757$1,421$1,140$909$720$293
21 years$1,656$1,324$1,049$825$644$248
22 years$1,564$1,235$967$750$577$210
23 years$1,480$1,156$892$683$518$178
24 years$1,403$1,083$825$623$466$151
25 years$1,333$1,016$764$569$419$128
26 years$1,268$955$709$520$378$109
27 years$1,208$899$658$476$340$93
28 years$1,152$847$612$436$307$79
29 years$1,101$799$570$400$277$67
30 years$1,052$754$531$367$251$57
31 years$1,007$713$495$337$227$49
32 years$965$675$461$310$205$41
33 years$926$639$431$285$185$35
34 years$889$606$403$262$168$30
35 years$854$574$376$241$152$25
36 years$821$545$352$222$138$22
37 years$790$518$330$205$125$18
38 years$761$492$309$189$113$16
39 years$733$468$289$174$103$13
40 years$707$445$271$161$93$11
41 years$682$424$254$148$85$10
42 years$658$404$238$137$77$8
43 years$636$385$224$126$70$7
44 years$614$367$210$116$63$6
45 years$594$350$197$108$57$5
46 years$574$334$185$99$52$4
47 years$556$318$174$92$47$4
48 years$538$304$163$85$43$3
49 years$521$290$154$78$39$3
50 years$505$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 $517,000, adding $4,362 every year, while hoping to spend $20,528 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: 63/7/30 Blend
34$517,000$517,000$517,000$517,000
35$574,233$546,832$538,819$605,532
36$610,964$551,786$535,028$632,268
37$650,752$556,293$530,421$658,848
38$693,890$560,312$524,951$687,451
39$740,695$563,796$518,566$718,279
40$791,519$566,696$511,211$751,556
41$846,749$568,959$502,831$787,528
42$906,809$570,529$493,368$826,469
43$972,166$571,347$482,758$868,679
44$1,043,334$571,351$470,938$914,490
45$1,120,880$570,473$457,840$964,270
46$1,205,426$568,643$443,394$1,018,425
47$1,297,658$565,784$427,526$1,077,401
48$1,398,330$561,818$410,159$1,141,692
49$1,508,272$556,660$391,211$1,211,844
50$1,628,398$550,219$370,600$1,288,460
51$1,759,715$542,400$348,235$1,372,202
52$1,903,331$533,102$324,026$1,463,805
53$2,060,465$522,219$297,876$1,564,078
54$2,232,462$509,637$269,684$1,673,915
55$2,420,800$495,236$239,345$1,794,300
56$2,627,108$478,889$206,750$1,926,321
57$2,853,180$460,462$171,783$2,071,179
58$3,100,992$439,812$134,325$2,230,197
59$3,372,720$416,790$94,252$2,404,837
60$3,670,760$391,235$51,431$2,596,711
61$3,997,751$362,979$5,728$2,807,595
62$4,356,602$331,845$0$3,039,453
63$4,750,515$297,645$0$3,308,226
64$5,183,017$260,179$0$3,605,375
65$5,657,995$219,238$0$3,931,745
66$6,179,729$174,599$0$4,290,294
67$6,752,936$126,029$0$4,684,277
68$7,382,810$73,279$0$5,117,282
69$8,075,076$16,089$0$5,593,263
70$8,836,037$0$0$6,116,578
71$9,672,642$0$0$6,695,556
72$10,592,544$0$0$7,333,584
73$11,604,174$0$0$8,035,276
74$12,716,823$0$0$8,807,081
75$13,940,727$0$0$9,656,105
76$15,287,162$0$0$10,590,176
77$16,768,555$0$0$11,617,921
78$18,398,597$0$0$12,748,843
79$20,192,371$0$0$13,993,415
80$22,166,500$0$0$15,363,176
81$24,339,297$0$0$16,870,838
82$26,730,941$0$0$18,530,412
83$29,363,668$0$0$20,357,332
84$32,261,977$0$0$22,368,609
85$35,452,864$0$0$24,582,982
86$38,966,078$0$0$27,021,105
87$42,834,396$0$0$29,705,731
88$47,093,936$0$0$32,661,936
89$51,784,497$0$0$35,917,350
90$56,949,936$0$0$39,502,420
91$62,638,577$0$0$43,450,693
92$68,903,672$0$0$47,799,139
93$75,803,899$0$0$52,588,497
94$83,403,919$0$0$57,863,654
95$91,774,984$0$0$63,674,079
96$100,995,609$0$0$70,074,279
97$111,152,315$0$0$77,124,321
98$122,340,442$0$0$84,890,395
99$134,665,051$0$0$93,445,439
100$148,241,916$0$0$102,869,829