Can I retire at age 35 with 447,000?

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 $447,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.7%
1 years$36,913$36,584$36,263$35,950$35,644$34,257
2 years$18,274$17,933$17,604$17,284$16,974$15,593
3 years$12,061$11,720$11,391$11,074$10,769$9,438
4 years$8,956$8,615$8,289$7,978$7,680$6,409
5 years$7,093$6,754$6,433$6,128$5,838$4,631
6 years$5,852$5,515$5,199$4,901$4,620$3,476
7 years$4,965$4,632$4,320$4,029$3,757$2,677
8 years$4,301$3,970$3,664$3,380$3,117$2,099
9 years$3,784$3,457$3,156$2,879$2,625$1,668
10 years$3,371$3,047$2,751$2,482$2,237$1,339
11 years$3,033$2,713$2,422$2,160$1,923$1,084
12 years$2,752$2,435$2,150$1,894$1,667$882
13 years$2,514$2,200$1,921$1,672$1,454$721
14 years$2,311$2,000$1,726$1,485$1,274$592
15 years$2,135$1,827$1,558$1,324$1,122$488
16 years$1,980$1,676$1,413$1,186$992$403
17 years$1,845$1,544$1,285$1,065$879$333
18 years$1,724$1,427$1,173$960$782$276
19 years$1,616$1,322$1,074$867$697$229
20 years$1,519$1,229$986$786$622$190
21 years$1,432$1,144$907$713$557$158
22 years$1,352$1,068$836$648$499$132
23 years$1,280$999$772$590$448$110
24 years$1,213$936$714$538$403$91
25 years$1,152$878$661$492$362$76
26 years$1,096$826$613$450$326$64
27 years$1,044$777$569$412$294$53
28 years$996$732$529$377$266$44
29 years$952$691$492$346$240$37
30 years$910$652$459$317$217$31
31 years$871$617$428$291$196$26
32 years$835$583$399$268$177$21
33 years$801$553$373$246$160$18
34 years$768$524$348$227$145$15
35 years$738$497$325$209$132$12
36 years$710$471$304$192$119$10
37 years$683$448$285$177$108$9
38 years$658$426$267$163$98$7
39 years$634$405$250$150$89$6
40 years$611$385$234$139$81$5
41 years$590$366$220$128$73$4
42 years$569$349$206$118$66$4
43 years$550$333$193$109$60$3
44 years$531$317$182$101$55$2
45 years$513$302$170$93$50$2
46 years$497$288$160$86$45$2
47 years$481$275$150$79$41$1
48 years$465$263$141$73$37$1
49 years$450$251$133$68$34$1
50 years$436$240$125$63$31$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $447,000, adding $6,376 every year, while hoping to spend $34,983 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: 54/22/24 Blend
34$447,000$447,000$447,000$447,000
35$499,171$475,480$468,551$522,511
36$512,865$461,557$447,026$525,345
37$526,783$445,779$423,607$524,264
38$540,911$428,018$398,195$522,358
39$555,233$408,140$370,683$519,562
40$569,729$386,001$340,963$515,802
41$584,376$361,450$308,920$511,003
42$599,148$334,327$274,435$505,081
43$614,014$304,462$237,382$497,949
44$628,940$271,678$197,631$489,513
45$643,886$235,784$155,045$479,672
46$658,807$196,581$109,483$468,317
47$673,650$153,859$60,796$455,332
48$688,358$107,394$8,829$440,593
49$702,866$56,951$0$423,967
50$717,098$2,282$0$417,251
51$730,972$0$0$411,540
52$744,394$0$0$418,219
53$757,260$0$0$425,095
54$769,451$0$0$431,545
55$780,837$0$0$437,491
56$791,271$0$0$442,844
57$800,588$0$0$447,506
58$808,608$0$0$451,368
59$815,125$0$0$454,307
60$819,915$0$0$456,188
61$822,724$0$0$456,861
62$823,275$0$0$456,157
63$821,256$0$0$453,893
64$816,322$0$0$449,860
65$808,090$0$0$443,830
66$796,137$0$0$435,550
67$779,992$0$0$424,738
68$759,133$0$0$411,084
69$732,984$0$0$394,242
70$700,904$0$0$373,831
71$662,187$0$0$349,428
72$616,049$0$0$320,567
73$561,624$0$0$286,730
74$497,954$0$0$247,345
75$423,980$0$0$201,782
76$338,530$0$0$149,341
77$240,310$0$0$89,251
78$127,890$0$0$20,659
79$0$0$0$0
80$0$0$0$0
81$0$0$0$0
82$0$0$0$0
83$0$0$0$0
84$0$0$0$0
85$0$0$0$0
86$0$0$0$0
87$0$0$0$0
88$0$0$0$0
89$0$0$0$0
90$0$0$0$0
91$0$0$0$0
92$0$0$0$0
93$0$0$0$0
94$0$0$0$0
95$0$0$0$0
96$0$0$0$0
97$0$0$0$0
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0