Can I retire at age 35 with 507,000?

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 $507,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.7%
1 years$41,868$41,495$41,131$40,776$40,429$39,484
2 years$20,727$20,341$19,966$19,604$19,252$18,305
3 years$13,680$13,293$12,920$12,560$12,214$11,295
4 years$10,158$9,772$9,402$9,049$8,711$7,827
5 years$8,045$7,661$7,296$6,950$6,622$5,775
6 years$6,637$6,256$5,897$5,558$5,240$4,431
7 years$5,632$5,254$4,900$4,570$4,261$3,491
8 years$4,878$4,503$4,156$3,834$3,535$2,803
9 years$4,292$3,921$3,579$3,265$2,977$2,283
10 years$3,824$3,456$3,121$2,815$2,537$1,879
11 years$3,441$3,077$2,747$2,450$2,182$1,560
12 years$3,122$2,762$2,438$2,149$1,891$1,304
13 years$2,852$2,496$2,178$1,897$1,649$1,096
14 years$2,621$2,268$1,957$1,684$1,445$925
15 years$2,421$2,072$1,767$1,502$1,272$783
16 years$2,246$1,901$1,602$1,345$1,125$666
17 years$2,092$1,751$1,458$1,208$997$567
18 years$1,955$1,618$1,331$1,089$887$484
19 years$1,833$1,500$1,218$984$790$414
20 years$1,723$1,393$1,118$891$706$355
21 years$1,624$1,298$1,028$809$632$304
22 years$1,534$1,212$948$735$566$261
23 years$1,451$1,133$875$670$508$224
24 years$1,376$1,062$809$611$457$193
25 years$1,307$996$750$558$411$166
26 years$1,243$936$695$510$370$143
27 years$1,185$881$646$467$334$123
28 years$1,130$830$600$428$301$106
29 years$1,079$783$559$392$272$92
30 years$1,032$740$520$360$246$79
31 years$988$699$485$331$222$68
32 years$947$662$453$304$201$59
33 years$908$627$423$279$182$51
34 years$872$594$395$257$165$44
35 years$837$563$369$237$149$38
36 years$805$535$345$218$135$33
37 years$775$508$323$201$122$28
38 years$746$483$303$185$111$24
39 years$719$459$284$171$101$21
40 years$693$437$266$157$91$18
41 years$669$416$249$145$83$16
42 years$645$396$234$134$75$14
43 years$623$377$219$124$68$12
44 years$602$360$206$114$62$10
45 years$582$343$193$105$56$9
46 years$563$327$182$97$51$8
47 years$545$312$171$90$46$7
48 years$528$298$160$83$42$6
49 years$511$285$151$77$38$5
50 years$495$272$142$71$35$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $507,000, adding $3,008 every year, while hoping to spend $34,640 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: 41/39/20 Blend
34$507,000$507,000$507,000$507,000
35$561,817$534,946$527,087$581,431
36$582,265$524,301$507,888$585,049
37$603,639$511,974$486,885$585,400
38$625,995$497,846$463,980$585,067
39$649,396$481,790$439,073$584,007
40$673,909$463,673$412,057$582,173
41$699,609$443,354$382,822$579,518
42$726,574$420,683$351,252$575,993
43$754,892$395,504$317,225$571,547
44$784,655$367,648$280,617$566,129
45$815,966$336,939$241,294$559,686
46$848,936$303,191$199,119$552,162
47$883,686$266,205$153,948$543,501
48$920,348$225,775$105,630$533,649
49$959,064$181,679$54,010$522,545
50$999,992$133,685$0$510,133
51$1,043,303$81,546$0$496,585
52$1,089,182$25,005$0$493,925
53$1,137,834$0$0$490,596
54$1,189,482$0$0$502,123
55$1,244,369$0$0$525,810
56$1,302,761$0$0$551,045
57$1,364,951$0$0$577,960
58$1,431,257$0$0$606,698
59$1,502,030$0$0$637,415
60$1,577,652$0$0$670,284
61$1,658,543$0$0$705,493
62$1,745,165$0$0$743,248
63$1,838,022$0$0$783,777
64$1,937,667$0$0$827,329
65$2,044,710$0$0$874,176
66$2,159,818$0$0$924,620
67$2,283,722$0$0$978,989
68$2,417,229$0$0$1,037,645
69$2,561,221$0$0$1,100,986
70$2,716,669$0$0$1,169,450
71$2,884,640$0$0$1,243,516
72$3,066,307$0$0$1,323,712
73$3,262,958$0$0$1,410,619
74$3,476,010$0$0$1,504,876
75$3,707,021$0$0$1,607,183
76$3,957,703$0$0$1,718,313
77$4,229,940$0$0$1,839,114
78$4,525,805$0$0$1,970,522
79$4,847,578$0$0$2,113,564
80$5,197,765$0$0$2,269,371
81$5,579,127$0$0$2,439,187
82$5,994,701$0$0$2,624,381
83$6,447,828$0$0$2,826,463
84$6,942,186$0$0$3,047,090
85$7,481,824$0$0$3,288,089
86$8,071,199$0$0$3,551,471
87$8,715,216$0$0$3,839,450
88$9,419,277$0$0$4,154,464
89$10,189,328$0$0$4,499,196
90$11,031,917$0$0$4,876,601
91$11,954,252$0$0$5,289,934
92$12,964,274$0$0$5,742,778
93$14,070,726$0$0$6,239,080
94$15,283,234$0$0$6,783,188
95$16,612,402$0$0$7,379,887
96$18,069,910$0$0$8,034,451
97$19,668,619$0$0$8,752,688
98$21,422,697$0$0$9,540,996
99$23,347,750$0$0$10,406,419
100$25,460,966$0$0$11,356,722