Can I retire at age 35 with 518,000?

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 $518,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.1%
1 years$42,776$42,395$42,023$41,660$41,306$41,115
2 years$21,176$20,782$20,400$20,029$19,670$19,476
3 years$13,977$13,581$13,200$12,833$12,479$12,290
4 years$10,378$9,984$9,606$9,245$8,900$8,717
5 years$8,220$7,827$7,455$7,101$6,766$6,589
6 years$6,781$6,392$6,025$5,679$5,354$5,183
7 years$5,754$5,368$5,006$4,669$4,354$4,190
8 years$4,984$4,601$4,246$3,917$3,612$3,454
9 years$4,385$4,006$3,657$3,336$3,042$2,891
10 years$3,907$3,531$3,188$2,876$2,592$2,447
11 years$3,515$3,144$2,807$2,503$2,229$2,090
12 years$3,189$2,821$2,491$2,195$1,932$1,799
13 years$2,914$2,550$2,226$1,938$1,684$1,558
14 years$2,678$2,318$2,000$1,720$1,477$1,356
15 years$2,474$2,117$1,805$1,534$1,300$1,185
16 years$2,295$1,943$1,637$1,374$1,149$1,040
17 years$2,138$1,789$1,490$1,234$1,019$915
18 years$1,998$1,653$1,360$1,112$906$808
19 years$1,873$1,532$1,245$1,005$807$714
20 years$1,761$1,424$1,142$910$721$633
21 years$1,659$1,326$1,051$826$645$562
22 years$1,567$1,238$968$751$578$500
23 years$1,483$1,158$894$684$519$445
24 years$1,406$1,085$827$624$467$397
25 years$1,335$1,018$766$570$420$354
26 years$1,270$957$710$521$378$316
27 years$1,210$900$660$477$341$283
28 years$1,155$848$613$437$308$253
29 years$1,103$800$571$401$278$226
30 years$1,054$756$532$368$251$203
31 years$1,009$715$496$338$227$182
32 years$967$676$462$310$205$163
33 years$928$640$432$285$186$146
34 years$891$607$403$263$168$131
35 years$856$576$377$242$152$118
36 years$823$546$353$223$138$106
37 years$792$519$330$205$125$95
38 years$762$493$309$189$113$85
39 years$735$469$290$174$103$77
40 years$708$446$272$161$93$69
41 years$683$425$255$148$85$62
42 years$659$404$239$137$77$56
43 years$637$385$224$126$70$50
44 years$615$367$210$117$63$45
45 years$595$350$198$108$57$40
46 years$575$334$186$100$52$36
47 years$557$319$174$92$47$33
48 years$539$304$164$85$43$29
49 years$522$291$154$79$39$26
50 years$506$278$145$73$35$24

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $518,000, adding $3,169 every year, while hoping to spend $21,956 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: 44/41/15 Blend
34$518,000$518,000$518,000$518,000
35$574,105$546,651$538,622$596,752
36$609,303$550,076$533,305$616,331
37$647,354$552,933$527,073$635,096
38$688,529$555,170$519,874$654,960
39$733,120$556,735$511,651$676,034
40$781,451$557,568$502,345$698,442
41$833,880$557,609$491,894$722,319
42$890,797$556,793$480,234$747,819
43$952,633$555,051$467,296$775,109
44$1,019,862$552,309$453,011$804,377
45$1,093,005$548,489$437,304$835,831
46$1,172,636$543,510$420,099$869,701
47$1,259,386$537,283$401,313$906,245
48$1,353,949$529,716$380,863$945,744
49$1,457,090$520,710$358,660$988,515
50$1,569,651$510,162$334,612$1,034,905
51$1,692,556$497,961$308,623$1,085,303
52$1,826,826$483,991$280,591$1,140,135
53$1,973,583$468,127$250,412$1,199,878
54$2,134,063$450,239$217,974$1,265,057
55$2,309,625$430,189$183,164$1,336,253
56$2,501,768$407,829$145,862$1,414,113
57$2,712,141$383,006$105,941$1,499,350
58$2,942,561$355,555$63,272$1,592,753
59$3,195,028$325,303$17,717$1,695,198
60$3,471,745$292,067$0$1,807,652
61$3,775,138$255,653$0$1,936,129
62$4,107,879$215,857$0$2,080,217
63$4,472,912$172,463$0$2,238,411
64$4,873,478$125,242$0$2,412,184
65$5,313,148$73,954$0$2,603,163
66$5,795,855$18,344$0$2,813,147
67$6,325,933$0$0$3,044,121
68$6,908,154$0$0$3,317,161
69$7,547,776$0$0$3,626,278
70$8,250,592$0$0$3,966,005
71$9,022,983$0$0$4,339,433
72$9,871,979$0$0$4,749,972
73$10,805,325$0$0$5,201,375
74$11,831,554$0$0$5,697,779
75$12,960,067$0$0$6,243,741
76$14,201,222$0$0$6,844,281
77$15,566,430$0$0$7,504,933
78$17,068,265$0$0$8,231,791
79$18,720,580$0$0$9,031,571
80$20,538,639$0$0$9,911,672
81$22,539,259$0$0$10,880,250
82$24,740,972$0$0$11,946,286
83$27,164,195$0$0$13,119,679
84$29,831,425$0$0$14,411,337
85$32,767,451$0$0$15,833,278
86$35,999,589$0$0$17,398,745
87$39,557,936$0$0$19,122,328
88$43,475,655$0$0$21,020,109
89$47,789,290$0$0$23,109,802
90$52,539,108$0$0$25,410,933
91$57,769,480$0$0$27,945,012
92$63,529,298$0$0$30,735,746
93$69,872,438$0$0$33,809,255
94$76,858,269$0$0$37,194,324
95$84,552,207$0$0$40,922,670
96$93,026,341$0$0$45,029,245
97$102,360,105$0$0$49,552,564
98$112,641,033$0$0$54,535,066
99$123,965,581$0$0$60,023,521
100$136,440,042$0$0$66,069,462