Can I retire at age 35 with 502,000?

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 $502,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.6%
1 years$41,455$41,085$40,725$40,374$40,030$39,270
2 years$20,522$20,140$19,770$19,410$19,062$18,299
3 years$13,546$13,162$12,792$12,436$12,094$11,352
4 years$10,058$9,675$9,309$8,960$8,625$7,910
5 years$7,966$7,585$7,224$6,882$6,557$5,871
6 years$6,572$6,194$5,838$5,504$5,188$4,532
7 years$5,576$5,202$4,852$4,525$4,219$3,593
8 years$4,830$4,459$4,115$3,796$3,500$2,903
9 years$4,250$3,882$3,544$3,233$2,948$2,380
10 years$3,786$3,422$3,090$2,787$2,512$1,972
11 years$3,407$3,046$2,720$2,425$2,160$1,649
12 years$3,091$2,734$2,414$2,127$1,872$1,388
13 years$2,824$2,471$2,157$1,878$1,632$1,175
14 years$2,595$2,246$1,938$1,667$1,431$999
15 years$2,397$2,052$1,750$1,487$1,260$853
16 years$2,224$1,883$1,586$1,331$1,114$730
17 years$2,071$1,734$1,443$1,196$987$627
18 years$1,936$1,602$1,318$1,078$878$540
19 years$1,815$1,485$1,206$974$782$465
20 years$1,706$1,380$1,107$882$699$402
21 years$1,608$1,285$1,018$801$625$348
22 years$1,519$1,200$939$728$561$301
23 years$1,437$1,122$867$663$503$261
24 years$1,363$1,051$801$605$452$226
25 years$1,294$987$742$552$407$197
26 years$1,231$927$688$505$367$171
27 years$1,173$873$639$462$331$148
28 years$1,119$822$594$423$298$129
29 years$1,069$776$553$388$269$112
30 years$1,022$733$515$356$243$98
31 years$978$693$480$327$220$85
32 years$937$655$448$301$199$74
33 years$899$621$418$277$180$65
34 years$863$588$391$255$163$56
35 years$829$558$365$234$148$49
36 years$797$529$342$216$134$43
37 years$767$503$320$199$121$37
38 years$739$478$300$183$110$32
39 years$712$454$281$169$100$28
40 years$686$432$263$156$90$25
41 years$662$412$247$144$82$22
42 years$639$392$231$133$74$19
43 years$617$373$217$122$68$16
44 years$596$356$204$113$61$14
45 years$577$339$191$104$56$12
46 years$558$324$180$96$51$11
47 years$540$309$169$89$46$9
48 years$522$295$159$82$42$8
49 years$506$282$149$76$38$7
50 years$490$269$140$70$34$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $502,000, adding $5,579 every year, while hoping to spend $30,522 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: 57/18/25 Blend
34$502,000$502,000$502,000$502,000
35$558,959$532,353$524,572$586,726
36$583,497$525,963$509,670$599,963
37$609,516$518,237$493,246$610,681
38$637,133$509,077$475,216$621,720
39$666,479$498,380$455,494$633,120
40$697,695$486,036$433,988$644,925
41$730,938$471,930$410,605$657,188
42$766,376$455,937$385,243$669,966
43$804,197$437,929$357,799$683,324
44$844,605$417,767$328,165$697,338
45$887,824$395,306$296,227$712,091
46$934,098$370,392$261,867$727,678
47$983,697$342,863$224,961$744,205
48$1,036,917$312,546$185,380$761,791
49$1,094,081$279,259$142,988$780,572
50$1,155,544$242,810$97,646$800,697
51$1,221,698$202,996$49,205$822,336
52$1,292,971$159,602$0$845,678
53$1,369,833$112,401$0$871,599
54$1,452,801$61,155$0$913,722
55$1,542,445$5,609$0$959,215
56$1,639,389$0$0$1,008,422
57$1,744,318$0$0$1,072,514
58$1,857,988$0$0$1,143,185
59$1,981,229$0$0$1,219,845
60$2,114,953$0$0$1,303,065
61$2,260,163$0$0$1,393,477
62$2,417,963$0$0$1,491,772
63$2,589,568$0$0$1,598,711
64$2,776,313$0$0$1,715,135
65$2,979,668$0$0$1,841,964
66$3,201,251$0$0$1,980,214
67$3,442,841$0$0$2,131,002
68$3,706,398$0$0$2,295,557
69$3,994,079$0$0$2,475,235
70$4,308,255$0$0$2,671,523
71$4,651,542$0$0$2,886,063
72$5,026,815$0$0$3,120,661
73$5,437,241$0$0$3,377,304
74$5,886,308$0$0$3,658,183
75$6,377,856$0$0$3,965,707
76$6,916,112$0$0$4,302,533
77$7,505,734$0$0$4,671,582
78$8,151,849$0$0$5,076,076
79$8,860,104$0$0$5,519,560
80$9,636,719$0$0$6,005,940
81$10,488,545$0$0$6,539,517
82$11,423,127$0$0$7,125,029
83$12,448,776$0$0$7,767,696
84$13,574,647$0$0$8,473,266
85$14,810,823$0$0$9,248,072
86$16,168,414$0$0$10,099,091
87$17,659,655$0$0$11,034,006
88$19,298,029$0$0$12,061,284
89$21,098,385$0$0$13,190,251
90$23,077,083$0$0$14,431,182
91$25,252,149$0$0$15,795,398
92$27,643,440$0$0$17,295,369
93$30,272,833$0$0$18,944,835
94$33,164,431$0$0$20,758,935
95$36,344,791$0$0$22,754,348
96$39,843,172$0$0$24,949,450
97$43,691,810$0$0$27,364,488
98$47,926,226$0$0$30,021,772
99$52,585,555$0$0$32,945,880
100$57,712,917$0$0$36,163,897