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%11.3%
1 years$43,271$42,886$42,510$42,143$41,784$41,556
2 years$21,422$21,023$20,636$20,261$19,897$19,667
3 years$14,139$13,738$13,353$12,981$12,624$12,398
4 years$10,499$10,099$9,717$9,352$9,003$8,785
5 years$8,315$7,918$7,541$7,184$6,844$6,633
6 years$6,860$6,466$6,094$5,745$5,416$5,212
7 years$5,821$5,430$5,064$4,723$4,404$4,209
8 years$5,042$4,654$4,295$3,962$3,654$3,466
9 years$4,436$4,052$3,699$3,375$3,077$2,897
10 years$3,952$3,572$3,225$2,909$2,622$2,449
11 years$3,556$3,180$2,839$2,532$2,255$2,090
12 years$3,226$2,854$2,520$2,221$1,954$1,797
13 years$2,948$2,579$2,251$1,961$1,704$1,554
14 years$2,709$2,345$2,023$1,740$1,494$1,351
15 years$2,502$2,142$1,826$1,552$1,315$1,179
16 years$2,322$1,965$1,656$1,390$1,162$1,033
17 years$2,162$1,810$1,507$1,249$1,031$908
18 years$2,021$1,672$1,375$1,125$916$800
19 years$1,894$1,550$1,259$1,017$817$707
20 years$1,781$1,440$1,156$921$730$625
21 years$1,678$1,341$1,063$836$653$554
22 years$1,585$1,252$980$760$585$492
23 years$1,500$1,171$905$692$525$438
24 years$1,422$1,097$837$631$472$389
25 years$1,351$1,030$775$576$425$347
26 years$1,285$968$719$527$383$309
27 years$1,224$911$667$482$345$276
28 years$1,168$858$620$442$311$247
29 years$1,115$810$577$405$281$220
30 years$1,067$765$538$372$254$197
31 years$1,021$723$501$342$230$176
32 years$978$684$468$314$208$158
33 years$938$648$437$289$188$141
34 years$901$614$408$266$170$127
35 years$866$582$381$245$154$113
36 years$832$553$357$225$140$102
37 years$801$525$334$208$127$91
38 years$771$499$313$191$115$82
39 years$743$474$293$176$104$73
40 years$716$451$275$163$94$66
41 years$691$430$258$150$86$59
42 years$667$409$242$139$78$53
43 years$644$390$227$128$71$48
44 years$623$372$213$118$64$43
45 years$602$354$200$109$58$38
46 years$582$338$188$101$53$34
47 years$563$323$176$93$48$31
48 years$545$308$166$86$44$28
49 years$528$294$156$79$40$25
50 years$512$281$146$73$36$22

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $524,000, adding $5,038 every year, while hoping to spend $31,825 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: 48/24/28 Blend
34$524,000$524,000$524,000$524,000
35$582,645$554,873$546,751$605,745
36$608,213$548,200$531,205$615,829
37$635,322$540,134$514,072$623,255
38$664,097$530,572$495,265$630,703
39$694,671$519,406$474,694$638,191
40$727,194$506,523$452,262$645,742
41$761,826$491,801$427,871$653,381
42$798,745$475,113$401,418$661,140
43$838,146$456,321$372,793$669,057
44$880,239$435,284$341,885$677,175
45$925,260$411,849$308,574$685,546
46$973,462$385,855$272,737$694,227
47$1,025,127$357,133$234,245$703,287
48$1,080,560$325,504$192,963$712,806
49$1,140,101$290,777$148,751$722,872
50$1,204,119$252,752$101,461$733,589
51$1,273,019$211,218$50,941$745,073
52$1,347,249$165,950$0$757,460
53$1,427,299$116,711$0$771,787
54$1,513,706$63,253$0$803,638
55$1,607,063$5,311$0$838,024
56$1,708,020$0$0$875,218
57$1,817,291$0$0$930,681
58$1,935,661$0$0$992,331
59$2,063,995$0$0$1,059,220
60$2,203,243$0$0$1,131,851
61$2,354,448$0$0$1,210,775
62$2,518,760$0$0$1,296,599
63$2,697,443$0$0$1,389,990
64$2,891,888$0$0$1,491,682
65$3,103,623$0$0$1,602,485
66$3,334,334$0$0$1,723,287
67$3,585,873$0$0$1,855,067
68$3,860,279$0$0$1,998,903
69$4,159,797$0$0$2,155,980
70$4,486,898$0$0$2,327,605
71$4,844,301$0$0$2,515,215
72$5,235,001$0$0$2,720,392
73$5,662,295$0$0$2,944,879
74$6,129,812$0$0$3,190,594
75$6,641,550$0$0$3,459,650
76$7,201,910$0$0$3,754,374
77$7,815,739$0$0$4,077,327
78$8,488,374$0$0$4,431,332
79$9,225,693$0$0$4,819,497
80$10,034,172$0$0$5,245,243
81$10,920,941$0$0$5,712,342
82$11,893,853$0$0$6,224,945
83$12,961,561$0$0$6,787,627
84$14,133,592$0$0$7,405,426
85$15,420,444$0$0$8,083,893
86$16,833,679$0$0$8,829,141
87$18,386,036$0$0$9,647,907
88$20,091,545$0$0$10,547,610
89$21,965,666$0$0$11,536,424
90$24,025,427$0$0$12,623,356
91$26,289,591$0$0$13,818,326
92$28,778,827$0$0$15,132,267
93$31,515,908$0$0$16,577,220
94$34,525,923$0$0$18,166,454
95$37,836,514$0$0$19,914,588
96$41,478,137$0$0$21,837,730
97$45,484,349$0$0$23,953,625
98$49,892,120$0$0$26,281,828
99$54,742,187$0$0$28,843,882
100$60,079,435$0$0$31,663,528