Can I retire at age 35 with 512,000?

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 $512,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.7%
1 years$42,280$41,904$41,536$41,178$40,828$40,036
2 years$20,931$20,541$20,163$19,797$19,442$18,647
3 years$13,815$13,424$13,047$12,684$12,335$11,562
4 years$10,258$9,868$9,495$9,138$8,797$8,053
5 years$8,125$7,737$7,368$7,019$6,687$5,973
6 years$6,703$6,318$5,955$5,613$5,292$4,608
7 years$5,687$5,305$4,948$4,615$4,303$3,651
8 years$4,926$4,548$4,197$3,871$3,570$2,949
9 years$4,334$3,960$3,615$3,298$3,007$2,416
10 years$3,861$3,490$3,151$2,842$2,562$2,001
11 years$3,475$3,107$2,774$2,474$2,203$1,672
12 years$3,152$2,789$2,462$2,170$1,909$1,406
13 years$2,880$2,520$2,200$1,916$1,665$1,190
14 years$2,647$2,291$1,977$1,701$1,459$1,011
15 years$2,445$2,093$1,785$1,517$1,285$862
16 years$2,268$1,920$1,618$1,358$1,136$738
17 years$2,113$1,768$1,472$1,220$1,007$633
18 years$1,975$1,634$1,344$1,100$895$545
19 years$1,851$1,514$1,230$994$798$469
20 years$1,740$1,407$1,129$900$713$405
21 years$1,640$1,311$1,039$817$638$350
22 years$1,549$1,224$957$743$572$303
23 years$1,466$1,144$884$676$513$262
24 years$1,390$1,072$817$617$461$227
25 years$1,320$1,006$757$563$415$197
26 years$1,256$946$702$515$374$171
27 years$1,196$890$652$471$337$149
28 years$1,141$839$606$432$304$129
29 years$1,090$791$564$396$275$112
30 years$1,042$747$525$363$248$98
31 years$998$706$490$334$224$85
32 years$956$668$457$307$203$74
33 years$917$633$427$282$184$64
34 years$880$600$399$260$166$56
35 years$846$569$373$239$151$49
36 years$813$540$349$220$136$43
37 years$782$513$326$203$124$37
38 years$753$487$306$187$112$32
39 years$726$463$286$172$102$28
40 years$700$441$268$159$92$24
41 years$675$420$252$147$84$21
42 years$652$400$236$135$76$19
43 years$630$381$222$125$69$16
44 years$608$363$208$115$63$14
45 years$588$346$195$107$57$12
46 years$569$330$183$98$52$11
47 years$550$315$172$91$47$9
48 years$533$301$162$84$43$8
49 years$516$287$152$78$39$7
50 years$500$274$143$72$35$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $512,000, adding $5,992 every year, while hoping to spend $39,289 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: 53/24/23 Blend
34$512,000$512,000$512,000$512,000
35$570,405$543,269$535,333$596,721
36$586,783$528,086$511,463$600,318
37$603,515$510,842$485,477$599,669
38$620,595$491,395$457,262$598,142
39$638,016$469,594$426,701$595,667
40$655,769$445,279$393,671$592,169
41$673,843$418,283$358,044$587,569
42$692,222$388,426$319,686$581,782
43$710,889$355,520$278,456$574,717
44$729,825$319,365$234,209$566,277
45$749,004$279,751$186,792$556,358
46$768,399$236,455$136,046$544,851
47$787,977$189,243$81,805$531,638
48$807,699$137,864$23,894$516,592
49$827,522$82,058$0$499,580
50$847,397$21,546$0$489,760
51$867,266$0$0$484,539
52$887,065$0$0$489,540
53$906,721$0$0$500,120
54$926,151$0$0$510,541
55$945,261$0$0$520,745
56$963,946$0$0$530,671
57$982,089$0$0$540,249
58$999,557$0$0$549,401
59$1,016,202$0$0$558,039
60$1,031,857$0$0$566,064
61$1,046,336$0$0$573,369
62$1,059,434$0$0$579,829
63$1,070,918$0$0$585,310
64$1,080,531$0$0$589,659
65$1,087,987$0$0$592,709
66$1,092,967$0$0$594,270
67$1,095,115$0$0$594,137
68$1,094,039$0$0$592,075
69$1,089,300$0$0$587,830
70$1,080,414$0$0$581,116
71$1,066,841$0$0$571,616
72$1,047,985$0$0$558,982
73$1,023,184$0$0$542,823
74$991,705$0$0$522,712
75$952,736$0$0$498,172
76$905,378$0$0$468,676
77$848,637$0$0$433,642
78$781,411$0$0$392,425
79$702,485$0$0$344,313
80$610,511$0$0$288,516
81$504,002$0$0$224,164
82$381,312$0$0$150,295
83$240,623$0$0$65,843
84$79,928$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