Can I retire at age 35 with 504,000?

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 $504,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.6%
1 years$41,620$41,249$40,887$40,534$40,190$38,795
2 years$20,604$20,220$19,848$19,488$19,138$17,747
3 years$13,599$13,214$12,843$12,486$12,142$10,798
4 years$10,098$9,714$9,347$8,995$8,660$7,374
5 years$7,998$7,616$7,253$6,909$6,583$5,359
6 years$6,598$6,219$5,862$5,525$5,209$4,047
7 years$5,598$5,223$4,871$4,543$4,236$3,136
8 years$4,849$4,477$4,131$3,811$3,514$2,476
9 years$4,267$3,898$3,558$3,246$2,960$1,981
10 years$3,801$3,436$3,102$2,798$2,522$1,601
11 years$3,420$3,059$2,731$2,435$2,169$1,305
12 years$3,103$2,745$2,424$2,136$1,879$1,070
13 years$2,835$2,481$2,165$1,886$1,639$882
14 years$2,605$2,255$1,946$1,674$1,437$729
15 years$2,407$2,060$1,757$1,493$1,265$605
16 years$2,233$1,890$1,593$1,337$1,118$504
17 years$2,080$1,741$1,449$1,201$991$420
18 years$1,944$1,608$1,323$1,082$881$351
19 years$1,822$1,491$1,211$978$786$294
20 years$1,713$1,385$1,112$886$702$246
21 years$1,614$1,290$1,022$804$628$206
22 years$1,525$1,204$942$731$563$173
23 years$1,443$1,126$870$666$505$146
24 years$1,368$1,055$805$607$454$122
25 years$1,299$990$745$554$409$103
26 years$1,236$931$691$507$368$87
27 years$1,178$876$642$464$332$73
28 years$1,123$826$597$425$299$61
29 years$1,073$779$555$390$270$52
30 years$1,026$735$517$358$244$43
31 years$982$695$482$329$221$37
32 years$941$658$450$302$200$31
33 years$903$623$420$278$181$26
34 years$866$590$392$256$164$22
35 years$832$560$367$235$148$18
36 years$800$532$343$217$134$16
37 years$770$505$321$200$122$13
38 years$742$480$301$184$110$11
39 years$715$456$282$170$100$9
40 years$689$434$264$156$91$8
41 years$665$413$248$144$82$7
42 years$642$394$232$133$75$6
43 years$620$375$218$123$68$5
44 years$599$357$205$114$62$4
45 years$579$341$192$105$56$3
46 years$560$325$181$97$51$3
47 years$542$310$170$89$46$2
48 years$524$296$159$83$42$2
49 years$508$283$150$76$38$2
50 years$492$270$141$71$35$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $504,000, adding $5,824 every year, while hoping to spend $21,260 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: 26/45/29 Blend
34$504,000$504,000$504,000$504,000
35$561,415$534,703$526,891$570,831
36$596,059$538,283$521,922$582,626
37$633,524$541,326$516,073$593,085
38$674,076$543,783$509,294$603,875
39$718,005$545,603$501,529$615,037
40$765,634$546,729$492,722$626,621
41$817,314$547,104$482,813$638,683
42$873,433$546,665$471,741$651,285
43$934,418$545,346$459,439$664,499
44$1,000,738$543,078$445,839$678,406
45$1,072,909$539,785$430,871$693,097
46$1,151,500$535,389$414,460$708,676
47$1,237,136$529,805$396,527$725,259
48$1,330,505$522,946$376,991$742,976
49$1,432,363$514,717$355,767$761,975
50$1,543,544$505,019$332,765$782,420
51$1,664,966$493,745$307,893$804,498
52$1,797,638$480,784$281,053$828,415
53$1,942,672$466,018$252,144$854,403
54$2,101,293$449,321$221,059$882,723
55$2,274,848$430,560$187,687$913,665
56$2,464,820$409,596$151,913$947,552
57$2,672,846$386,280$113,616$984,748
58$2,900,722$360,454$72,668$1,025,656
59$3,150,433$331,954$28,940$1,070,725
60$3,424,160$300,602$0$1,120,458
61$3,724,307$266,215$0$1,180,897
62$4,053,523$228,595$0$1,257,092
63$4,414,722$187,536$0$1,340,815
64$4,811,117$142,819$0$1,432,884
65$5,246,246$94,212$0$1,534,203
66$5,724,008$41,473$0$1,645,772
67$6,248,694$0$0$1,768,701
68$6,825,034$0$0$1,911,968
69$7,458,239$0$0$2,092,022
70$8,154,048$0$0$2,289,970
71$8,918,784$0$0$2,507,623
72$9,759,413$0$0$2,746,975
73$10,683,610$0$0$3,010,223
74$11,699,831$0$0$3,299,789
75$12,817,391$0$0$3,618,340
76$14,046,553$0$0$3,968,816
77$15,398,626$0$0$4,354,454
78$16,886,069$0$0$4,778,823
79$18,522,611$0$0$5,245,855
80$20,323,375$0$0$5,759,881
81$22,305,029$0$0$6,325,674
82$24,485,934$0$0$6,948,494
83$26,886,324$0$0$7,634,137
84$29,528,492$0$0$8,388,987
85$32,437,005$0$0$9,220,081
86$35,638,929$0$0$10,135,173
87$39,164,090$0$0$11,142,805
88$43,045,351$0$0$12,252,392
89$47,318,927$0$0$13,474,306
90$52,024,721$0$0$14,819,980
91$57,206,702$0$0$16,302,007
92$62,913,323$0$0$17,934,269
93$69,197,972$0$0$19,732,060
94$76,119,481$0$0$21,712,232
95$83,742,679$0$0$23,893,359
96$92,139,001$0$0$26,295,905
97$101,387,168$0$0$28,942,421
98$111,573,922$0$0$31,857,758
99$122,794,851$0$0$35,069,301
100$135,155,287$0$0$38,607,226