Can I retire at age 35 with 524,000?

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 $524,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.2%
1 years$43,271$42,886$42,510$42,143$41,784$40,725
2 years$21,422$21,023$20,636$20,261$19,897$18,837
3 years$14,139$13,738$13,353$12,981$12,624$11,595
4 years$10,499$10,099$9,717$9,352$9,003$8,015
5 years$8,315$7,918$7,541$7,184$6,844$5,898
6 years$6,860$6,466$6,094$5,745$5,416$4,513
7 years$5,821$5,430$5,064$4,723$4,404$3,546
8 years$5,042$4,654$4,295$3,962$3,654$2,839
9 years$4,436$4,052$3,699$3,375$3,077$2,305
10 years$3,952$3,572$3,225$2,909$2,622$1,891
11 years$3,556$3,180$2,839$2,532$2,255$1,565
12 years$3,226$2,854$2,520$2,221$1,954$1,304
13 years$2,948$2,579$2,251$1,961$1,704$1,092
14 years$2,709$2,345$2,023$1,740$1,494$919
15 years$2,502$2,142$1,826$1,552$1,315$775
16 years$2,322$1,965$1,656$1,390$1,162$657
17 years$2,162$1,810$1,507$1,249$1,031$557
18 years$2,021$1,672$1,375$1,125$916$474
19 years$1,894$1,550$1,259$1,017$817$404
20 years$1,781$1,440$1,156$921$730$345
21 years$1,678$1,341$1,063$836$653$294
22 years$1,585$1,252$980$760$585$252
23 years$1,500$1,171$905$692$525$216
24 years$1,422$1,097$837$631$472$185
25 years$1,351$1,030$775$576$425$158
26 years$1,285$968$719$527$383$136
27 years$1,224$911$667$482$345$117
28 years$1,168$858$620$442$311$100
29 years$1,115$810$577$405$281$86
30 years$1,067$765$538$372$254$74
31 years$1,021$723$501$342$230$63
32 years$978$684$468$314$208$54
33 years$938$648$437$289$188$47
34 years$901$614$408$266$170$40
35 years$866$582$381$245$154$35
36 years$832$553$357$225$140$30
37 years$801$525$334$208$127$26
38 years$771$499$313$191$115$22
39 years$743$474$293$176$104$19
40 years$716$451$275$163$94$16
41 years$691$430$258$150$86$14
42 years$667$409$242$139$78$12
43 years$644$390$227$128$71$10
44 years$623$372$213$118$64$9
45 years$602$354$200$109$58$8
46 years$582$338$188$101$53$7
47 years$563$323$176$93$48$6
48 years$545$308$166$86$44$5
49 years$528$294$156$79$40$4
50 years$512$281$146$73$36$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $524,000, adding $6,526 every year, while hoping to spend $23,823 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: 58/30/12 Blend
34$524,000$524,000$524,000$524,000
35$584,180$556,408$548,286$615,960
36$618,418$558,324$541,306$640,080
37$655,351$559,536$533,293$663,136
38$695,227$559,984$524,189$687,699
39$738,322$559,604$513,931$713,917
40$784,935$558,329$502,452$741,954
41$835,399$556,088$489,685$771,990
42$890,078$552,805$475,557$804,226
43$949,373$548,399$459,995$838,883
44$1,013,723$542,785$442,920$876,207
45$1,083,614$535,872$424,249$916,467
46$1,159,579$527,566$403,897$959,964
47$1,242,203$517,764$381,774$1,007,031
48$1,332,131$506,358$357,788$1,058,033
49$1,430,074$493,235$331,839$1,113,376
50$1,536,812$478,274$303,826$1,173,510
51$1,653,205$461,347$273,642$1,238,929
52$1,780,198$442,320$241,176$1,310,183
53$1,918,834$421,049$206,310$1,387,877
54$2,070,257$397,382$168,924$1,472,682
55$2,235,730$371,161$128,890$1,565,337
56$2,416,642$342,215$86,075$1,666,662
57$2,614,523$310,367$40,342$1,777,560
58$2,831,056$275,426$0$1,899,031
59$3,068,095$237,194$0$2,033,262
60$3,327,683$195,459$0$2,185,971
61$3,612,068$149,998$0$2,353,355
62$3,923,727$100,576$0$2,536,921
63$4,265,387$46,944$0$2,738,336
64$4,640,051$0$0$2,959,436
65$5,051,029$0$0$3,205,932
66$5,501,963$0$0$3,493,443
67$5,996,868$0$0$3,809,037
68$6,540,166$0$0$4,155,537
69$7,136,725$0$0$4,536,057
70$7,791,912$0$0$4,954,024
71$8,511,636$0$0$5,413,215
72$9,302,407$0$0$5,917,792
73$10,171,399$0$0$6,472,337
74$11,126,512$0$0$7,081,899
75$12,176,452$0$0$7,752,043
76$13,330,810$0$0$8,488,896
77$14,600,151$0$0$9,299,212
78$15,996,118$0$0$10,190,431
79$17,531,536$0$0$11,170,749
80$19,220,537$0$0$12,249,197
81$21,078,690$0$0$13,435,727
82$23,123,152$0$0$14,741,302
83$25,372,823$0$0$16,178,002
84$27,848,531$0$0$17,759,137
85$30,573,223$0$0$19,499,375
86$33,572,184$0$0$21,414,874
87$36,873,274$0$0$23,523,440
88$40,507,192$0$0$25,844,694
89$44,507,765$0$0$28,400,255
90$48,912,265$0$0$31,213,944
91$53,761,762$0$0$34,312,011
92$59,101,511$0$0$37,723,379
93$64,981,381$0$0$41,479,920
94$71,456,320$0$0$45,616,755
95$78,586,878$0$0$50,172,581
96$86,439,777$0$0$55,190,044
97$95,088,538$0$0$60,716,134
98$104,614,178$0$0$66,802,631
99$115,105,971$0$0$73,506,595
100$126,662,293$0$0$80,890,901