Can I retire at age 35 with 470,000?

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 $470,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.7%
1 years$38,812$38,466$38,129$37,800$37,478$36,308
2 years$19,214$18,856$18,509$18,173$17,847$16,678
3 years$12,682$12,323$11,977$11,644$11,323$10,192
4 years$9,417$9,058$8,716$8,389$8,076$6,992
5 years$7,458$7,102$6,764$6,443$6,139$5,105
6 years$6,153$5,799$5,466$5,153$4,857$3,875
7 years$5,221$4,870$4,543$4,236$3,950$3,018
8 years$4,522$4,175$3,852$3,554$3,277$2,395
9 years$3,979$3,635$3,318$3,027$2,760$1,927
10 years$3,545$3,204$2,893$2,609$2,352$1,567
11 years$3,190$2,852$2,547$2,271$2,022$1,284
12 years$2,894$2,560$2,260$1,992$1,753$1,059
13 years$2,644$2,314$2,019$1,759$1,528$878
14 years$2,430$2,103$1,814$1,561$1,340$731
15 years$2,244$1,921$1,638$1,392$1,180$611
16 years$2,082$1,763$1,485$1,247$1,043$511
17 years$1,939$1,623$1,351$1,120$924$429
18 years$1,813$1,500$1,234$1,009$822$361
19 years$1,699$1,390$1,129$912$733$304
20 years$1,597$1,292$1,037$826$654$257
21 years$1,505$1,203$953$750$586$217
22 years$1,422$1,123$879$682$525$183
23 years$1,346$1,050$811$621$471$155
24 years$1,276$984$750$566$423$131
25 years$1,212$924$695$517$381$111
26 years$1,153$868$645$473$343$94
27 years$1,098$817$599$433$309$80
28 years$1,048$770$556$396$279$68
29 years$1,001$726$518$364$252$57
30 years$957$686$482$334$228$49
31 years$916$648$450$306$206$41
32 years$878$613$420$282$186$35
33 years$842$581$392$259$169$30
34 years$808$551$366$238$153$25
35 years$776$522$342$219$138$21
36 years$746$496$320$202$125$18
37 years$718$471$300$186$114$15
38 years$692$447$281$172$103$13
39 years$666$425$263$158$93$11
40 years$643$405$246$146$85$9
41 years$620$385$231$135$77$8
42 years$598$367$217$124$70$7
43 years$578$350$203$115$63$6
44 years$558$333$191$106$57$5
45 years$540$318$179$98$52$4
46 years$522$303$168$90$47$4
47 years$505$289$158$83$43$3
48 years$489$276$149$77$39$3
49 years$474$264$140$71$35$2
50 years$459$252$131$66$32$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $470,000, adding $5,749 every year, while hoping to spend $22,661 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: 48/25/27 Blend
34$470,000$470,000$470,000$470,000
35$523,870$498,960$491,675$544,741
36$553,194$499,298$484,035$560,320
37$584,749$498,893$475,380$574,543
38$618,739$497,685$465,651$589,546
39$655,388$495,609$454,788$605,413
40$694,942$492,598$442,728$622,239
41$737,671$488,580$429,403$640,129
42$783,871$483,478$414,746$659,202
43$833,868$477,211$398,683$679,587
44$888,022$469,694$381,138$701,431
45$946,726$460,834$362,032$724,896
46$1,010,414$450,537$341,281$750,164
47$1,079,562$438,699$318,800$777,436
48$1,154,695$425,213$294,498$806,935
49$1,236,390$409,964$268,279$838,911
50$1,325,281$392,832$240,046$873,639
51$1,422,066$373,687$209,694$911,427
52$1,527,514$352,395$177,116$952,615
53$1,642,470$328,812$142,199$997,582
54$1,767,865$302,787$104,826$1,046,747
55$1,904,723$274,159$64,873$1,100,576
56$2,054,171$242,759$22,213$1,159,586
57$2,217,451$208,409$0$1,224,348
58$2,395,928$170,918$0$1,302,214
59$2,591,108$130,088$0$1,394,435
60$2,804,646$85,708$0$1,495,425
61$3,038,366$37,554$0$1,606,092
62$3,294,276$0$0$1,727,434
63$3,574,589$0$0$1,864,576
64$3,881,738$0$0$2,026,219
65$4,218,406$0$0$2,203,450
66$4,587,548$0$0$2,397,832
67$4,992,417$0$0$2,611,084
68$5,436,595$0$0$2,845,101
69$5,924,031$0$0$3,101,970
70$6,459,072$0$0$3,383,990
71$7,046,507$0$0$3,693,692
72$7,691,611$0$0$4,033,868
73$8,400,197$0$0$4,407,588
74$9,178,665$0$0$4,818,240
75$10,034,069$0$0$5,269,552
76$10,974,179$0$0$5,765,633
77$12,007,553$0$0$6,311,010
78$13,143,623$0$0$6,910,670
79$14,392,778$0$0$7,570,107
80$15,766,465$0$0$8,295,374
81$17,277,295$0$0$9,093,143
82$18,939,164$0$0$9,970,760
83$20,767,379$0$0$10,936,323
84$22,778,811$0$0$11,998,753
85$24,992,042$0$0$13,167,879
86$27,427,552$0$0$14,454,530
87$30,107,902$0$0$15,870,642
88$33,057,955$0$0$17,429,362
89$36,305,103$0$0$19,145,179
90$39,879,530$0$0$21,034,057
91$43,814,495$0$0$23,113,586
92$48,146,645$0$0$25,403,150
93$52,916,361$0$0$27,924,108
94$58,168,139$0$0$30,699,992
95$63,951,008$0$0$33,756,737
96$70,318,997$0$0$37,122,919
97$77,331,637$0$0$40,830,025
98$85,054,531$0$0$44,912,754
99$93,559,963$0$0$49,409,341
100$102,927,591$0$0$54,361,917