Can I retire at age 35 with 421,000?

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 $421,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15%
1 years$34,766$34,456$34,154$33,859$33,571$32,880
2 years$17,211$16,890$16,580$16,278$15,986$15,293
3 years$11,360$11,038$10,728$10,430$10,142$9,469
4 years$8,435$8,114$7,807$7,514$7,234$6,585
5 years$6,681$6,362$6,059$5,771$5,499$4,877
6 years$5,511$5,195$4,896$4,616$4,351$3,756
7 years$4,676$4,362$4,069$3,795$3,539$2,971
8 years$4,051$3,739$3,451$3,183$2,936$2,395
9 years$3,564$3,256$2,972$2,711$2,472$1,959
10 years$3,175$2,870$2,591$2,337$2,106$1,619
11 years$2,857$2,555$2,281$2,034$1,812$1,350
12 years$2,592$2,293$2,025$1,784$1,570$1,134
13 years$2,368$2,072$1,809$1,575$1,369$957
14 years$2,176$1,884$1,625$1,398$1,200$812
15 years$2,010$1,721$1,467$1,247$1,057$691
16 years$1,865$1,579$1,330$1,117$934$590
17 years$1,737$1,454$1,211$1,003$828$505
18 years$1,624$1,344$1,105$904$736$434
19 years$1,522$1,245$1,012$817$656$373
20 years$1,431$1,157$928$740$586$321
21 years$1,348$1,078$854$672$525$277
22 years$1,274$1,006$787$611$470$239
23 years$1,205$941$727$556$422$206
24 years$1,143$882$672$507$379$179
25 years$1,085$827$623$463$341$155
26 years$1,033$778$577$423$307$134
27 years$984$732$536$388$277$116
28 years$938$690$498$355$250$101
29 years$896$651$464$326$226$87
30 years$857$614$432$299$204$76
31 years$820$581$403$275$185$66
32 years$786$550$376$252$167$57
33 years$754$520$351$232$151$49
34 years$724$493$328$213$137$43
35 years$695$468$306$196$124$37
36 years$669$444$287$181$112$32
37 years$643$422$268$167$102$28
38 years$620$401$251$154$92$24
39 years$597$381$235$142$84$21
40 years$576$363$221$131$76$18
41 years$555$345$207$121$69$16
42 years$536$329$194$111$62$14
43 years$518$313$182$103$57$12
44 years$500$299$171$95$51$11
45 years$484$285$161$88$47$9
46 years$468$272$151$81$42$8
47 years$453$259$142$75$39$7
48 years$438$247$133$69$35$6
49 years$424$236$125$64$32$5
50 years$411$226$118$59$29$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $421,000, adding $3,762 every year, while hoping to spend $30,599 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: 37/42/21 Blend
34$421,000$421,000$421,000$421,000
35$467,823$445,510$438,984$482,054
36$482,983$434,782$421,133$482,016
37$498,665$422,504$401,658$478,841
38$514,888$408,566$380,473$474,787
39$531,675$392,854$357,487$469,792
40$549,049$375,247$332,606$463,791
41$567,034$355,616$305,730$456,718
42$585,655$333,825$276,756$448,501
43$604,941$309,732$245,576$439,063
44$624,920$283,183$212,078$428,325
45$645,622$254,019$176,143$416,204
46$667,080$222,071$137,648$402,611
47$689,328$187,159$96,466$387,454
48$712,403$149,093$52,461$370,636
49$736,344$107,674$5,494$352,053
50$761,192$62,691$0$331,598
51$786,991$13,921$0$319,158
52$813,789$0$0$306,577
53$841,636$0$0$310,500
54$870,585$0$0$321,274
55$900,695$0$0$332,490
56$932,028$0$0$344,171
57$964,649$0$0$356,342
58$998,631$0$0$369,033
59$1,034,051$0$0$382,273
60$1,070,989$0$0$396,095
61$1,109,537$0$0$410,534
62$1,149,790$0$0$425,628
63$1,191,852$0$0$441,418
64$1,235,835$0$0$457,948
65$1,281,860$0$0$475,267
66$1,330,059$0$0$493,426
67$1,380,573$0$0$512,483
68$1,433,558$0$0$532,499
69$1,489,180$0$0$553,539
70$1,547,623$0$0$575,678
71$1,609,082$0$0$598,994
72$1,673,773$0$0$623,573
73$1,741,931$0$0$649,509
74$1,813,811$0$0$676,903
75$1,889,689$0$0$705,868
76$1,969,869$0$0$736,525
77$2,054,682$0$0$769,006
78$2,144,488$0$0$803,458
79$2,239,682$0$0$840,037
80$2,340,693$0$0$878,919
81$2,447,994$0$0$920,292
82$2,562,098$0$0$964,365
83$2,683,570$0$0$1,011,364
84$2,813,027$0$0$1,061,540
85$2,951,143$0$0$1,115,164
86$3,098,660$0$0$1,172,536
87$3,256,389$0$0$1,233,985
88$3,425,218$0$0$1,299,869
89$3,606,123$0$0$1,370,584
90$3,800,174$0$0$1,446,564
91$4,008,544$0$0$1,528,283
92$4,232,522$0$0$1,616,263
93$4,473,521$0$0$1,711,079
94$4,733,094$0$0$1,813,359
95$5,012,947$0$0$1,923,796
96$5,314,953$0$0$2,043,150
97$5,641,171$0$0$2,172,257
98$5,993,861$0$0$2,312,035
99$6,375,510$0$0$2,463,494
100$6,788,851$0$0$2,627,744