Can I retire at age 35 with 523,000?

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 $523,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.1%
1 years$43,189$42,804$42,429$42,062$41,705$40,997
2 years$21,381$20,982$20,597$20,222$19,859$19,149
3 years$14,112$13,712$13,327$12,957$12,600$11,908
4 years$10,479$10,080$9,699$9,335$8,986$8,319
5 years$8,299$7,903$7,527$7,170$6,831$6,190
6 years$6,847$6,453$6,083$5,734$5,405$4,791
7 years$5,809$5,419$5,055$4,714$4,396$3,809
8 years$5,032$4,645$4,287$3,954$3,647$3,087
9 years$4,428$4,045$3,692$3,368$3,071$2,538
10 years$3,944$3,565$3,219$2,904$2,617$2,110
11 years$3,549$3,174$2,834$2,527$2,251$1,769
12 years$3,220$2,849$2,515$2,216$1,950$1,494
13 years$2,942$2,574$2,247$1,957$1,701$1,269
14 years$2,704$2,340$2,019$1,737$1,491$1,083
15 years$2,497$2,138$1,823$1,549$1,313$927
16 years$2,317$1,961$1,653$1,387$1,160$797
17 years$2,158$1,806$1,504$1,246$1,029$687
18 years$2,017$1,669$1,373$1,123$915$593
19 years$1,891$1,547$1,257$1,015$815$513
20 years$1,778$1,437$1,153$919$728$445
21 years$1,675$1,339$1,061$834$652$386
22 years$1,582$1,250$978$758$584$336
23 years$1,497$1,169$903$691$524$292
24 years$1,420$1,095$835$630$471$255
25 years$1,348$1,028$773$575$424$222
26 years$1,283$966$717$526$382$194
27 years$1,222$909$666$482$344$169
28 years$1,166$857$619$441$311$148
29 years$1,113$808$576$405$281$129
30 years$1,065$763$537$371$254$113
31 years$1,019$721$500$341$229$99
32 years$977$683$467$313$207$86
33 years$937$646$436$288$188$75
34 years$899$613$407$265$170$66
35 years$864$581$381$244$154$58
36 years$831$552$356$225$139$51
37 years$799$524$333$207$126$44
38 years$770$498$312$191$115$39
39 years$742$473$292$176$104$34
40 years$715$450$274$162$94$30
41 years$690$429$257$150$85$26
42 years$666$408$241$138$78$23
43 years$643$389$226$128$70$20
44 years$621$371$212$118$64$17
45 years$601$354$199$109$58$15
46 years$581$337$187$101$53$13
47 years$562$322$176$93$48$12
48 years$544$307$165$86$43$10
49 years$527$294$155$79$39$9
50 years$511$280$146$73$36$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $523,000, adding $4,406 every year, while hoping to spend $38,109 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: 27/47/26 Blend
34$523,000$523,000$523,000$523,000
35$580,891$553,172$545,065$591,764
36$599,594$539,730$522,777$587,385
37$618,928$524,351$498,465$579,099
38$638,916$506,902$472,022$569,415
39$659,584$487,239$443,333$558,242
40$680,958$465,210$412,281$545,480
41$703,067$440,657$378,744$531,026
42$725,939$413,408$342,591$514,771
43$749,606$383,286$303,689$496,600
44$774,099$350,101$261,896$476,390
45$799,454$313,653$217,067$454,015
46$825,707$273,730$169,047$429,340
47$852,896$230,110$117,677$402,224
48$881,062$182,556$62,789$372,516
49$910,247$130,818$4,210$340,061
50$940,498$74,634$0$304,692
51$971,863$13,725$0$282,413
52$1,004,393$0$0$259,162
53$1,038,143$0$0$260,632
54$1,073,172$0$0$269,534
55$1,109,542$0$0$278,787
56$1,147,319$0$0$288,410
57$1,186,574$0$0$298,422
58$1,227,383$0$0$308,843
59$1,269,828$0$0$319,697
60$1,313,996$0$0$331,008
61$1,359,980$0$0$342,801
62$1,407,881$0$0$355,106
63$1,457,807$0$0$367,951
64$1,509,875$0$0$381,371
65$1,564,210$0$0$395,399
66$1,620,948$0$0$410,076
67$1,680,234$0$0$425,441
68$1,742,227$0$0$441,540
69$1,807,098$0$0$458,421
70$1,875,031$0$0$476,136
71$1,946,226$0$0$494,745
72$2,020,902$0$0$514,307
73$2,099,294$0$0$534,892
74$2,181,658$0$0$556,572
75$2,268,272$0$0$579,427
76$2,359,440$0$0$603,546
77$2,455,491$0$0$629,023
78$2,556,784$0$0$655,961
79$2,663,710$0$0$684,475
80$2,776,695$0$0$714,688
81$2,896,206$0$0$746,736
82$3,022,749$0$0$780,765
83$3,156,881$0$0$816,938
84$3,299,207$0$0$855,431
85$3,450,391$0$0$896,439
86$3,611,157$0$0$940,172
87$3,782,300$0$0$986,864
88$3,964,687$0$0$1,036,768
89$4,159,271$0$0$1,090,163
90$4,367,093$0$0$1,147,356
91$4,589,296$0$0$1,208,681
92$4,827,131$0$0$1,274,507
93$5,081,972$0$0$1,345,237
94$5,355,324$0$0$1,421,314
95$5,648,841$0$0$1,503,226
96$5,964,335$0$0$1,591,506
97$6,303,798$0$0$1,686,741
98$6,669,417$0$0$1,789,577
99$7,063,591$0$0$1,900,722
100$7,488,958$0$0$2,020,955