Can I retire at age 35 with 516,000?

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 $516,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.8%
1 years$42,611$42,231$41,861$41,499$41,147$40,666
2 years$21,094$20,702$20,321$19,952$19,594$19,110
3 years$13,923$13,529$13,149$12,783$12,431$11,959
4 years$10,338$9,945$9,569$9,210$8,866$8,410
5 years$8,188$7,797$7,426$7,074$6,740$6,300
6 years$6,755$6,367$6,001$5,657$5,333$4,911
7 years$5,732$5,347$4,987$4,651$4,337$3,933
8 years$4,965$4,583$4,229$3,902$3,598$3,211
9 years$4,368$3,991$3,643$3,323$3,030$2,660
10 years$3,891$3,517$3,176$2,865$2,582$2,229
11 years$3,502$3,131$2,796$2,493$2,220$1,885
12 years$3,177$2,811$2,481$2,187$1,924$1,605
13 years$2,903$2,540$2,217$1,931$1,678$1,375
14 years$2,668$2,309$1,992$1,714$1,471$1,183
15 years$2,464$2,109$1,798$1,528$1,295$1,023
16 years$2,286$1,935$1,631$1,369$1,145$887
17 years$2,129$1,782$1,484$1,230$1,015$771
18 years$1,990$1,647$1,354$1,108$902$672
19 years$1,866$1,526$1,240$1,001$804$588
20 years$1,754$1,418$1,138$907$718$514
21 years$1,653$1,321$1,047$823$643$451
22 years$1,561$1,233$965$748$576$396
23 years$1,477$1,153$891$682$517$348
24 years$1,401$1,081$824$622$465$306
25 years$1,330$1,014$763$568$418$270
26 years$1,266$953$708$519$377$238
27 years$1,206$897$657$475$340$210
28 years$1,150$845$611$435$307$185
29 years$1,098$797$568$399$277$163
30 years$1,050$753$529$366$250$144
31 years$1,005$712$494$336$226$127
32 years$963$674$461$309$205$113
33 years$924$638$430$284$185$100
34 years$887$605$402$262$168$88
35 years$852$573$376$241$152$78
36 years$820$544$351$222$138$69
37 years$789$517$329$204$125$61
38 years$759$491$308$188$113$54
39 years$732$467$289$174$102$48
40 years$705$444$270$160$93$42
41 years$681$423$254$148$84$38
42 years$657$403$238$136$77$33
43 years$634$384$223$126$69$29
44 years$613$366$210$116$63$26
45 years$593$349$197$107$57$23
46 years$573$333$185$99$52$21
47 years$555$318$174$92$47$18
48 years$537$303$163$85$43$16
49 years$520$290$153$78$39$14
50 years$504$277$144$72$35$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $516,000, adding $4,181 every year, while hoping to spend $23,833 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: 69/21/10 Blend
34$516,000$516,000$516,000$516,000
35$572,945$545,597$537,599$611,044
36$606,027$546,973$530,250$638,235
37$641,685$547,618$521,857$664,691
38$680,156$547,470$512,358$692,998
39$721,701$546,465$501,691$723,336
40$766,607$544,535$489,790$755,900
41$815,189$541,605$476,587$790,907
42$867,794$537,599$462,008$828,596
43$924,802$532,435$445,979$869,230
44$986,633$526,025$428,420$913,102
45$1,053,747$518,278$409,249$960,532
46$1,126,650$509,095$388,380$1,011,875
47$1,205,901$498,372$365,723$1,067,523
48$1,292,111$486,001$341,183$1,127,909
49$1,385,956$471,865$314,662$1,193,509
50$1,488,177$455,840$286,057$1,264,850
51$1,599,593$437,797$255,261$1,342,514
52$1,721,100$417,598$222,162$1,427,143
53$1,853,689$395,098$186,641$1,519,443
54$1,998,449$370,141$148,577$1,620,198
55$2,156,579$342,566$107,842$1,730,270
56$2,329,398$312,199$64,303$1,850,609
57$2,518,359$278,860$17,820$1,982,268
58$2,725,062$242,354$0$2,126,404
59$2,951,268$202,480$0$2,287,689
60$3,198,918$159,021$0$2,466,392
61$3,470,146$111,752$0$2,662,183
62$3,767,305$60,431$0$2,876,798
63$4,092,985$4,808$0$3,112,150
64$4,450,039$0$0$3,370,351
65$4,841,609$0$0$3,666,526
66$5,271,155$0$0$3,992,674
67$5,742,490$0$0$4,350,583
68$6,259,812$0$0$4,743,443
69$6,827,746$0$0$5,174,772
70$7,451,386$0$0$5,648,443
71$8,136,345$0$0$6,168,723
72$8,888,804$0$0$6,740,311
73$9,715,575$0$0$7,368,386
74$10,624,160$0$0$8,058,653
75$11,622,824$0$0$8,817,396
76$12,720,675$0$0$9,651,538
77$13,927,745$0$0$10,568,708
78$15,255,087$0$0$11,577,310
79$16,714,880$0$0$12,686,603
80$18,320,540$0$0$13,906,788
81$20,086,851$0$0$15,249,107
82$22,030,101$0$0$16,725,942
83$24,168,235$0$0$18,350,939
84$26,521,028$0$0$20,139,134
85$29,110,265$0$0$22,107,090
86$31,959,955$0$0$24,273,062
87$35,096,546$0$0$26,657,161
88$38,549,185$0$0$29,281,547
89$42,349,986$0$0$32,170,640
90$46,534,335$0$0$35,351,345
91$51,141,224$0$0$38,853,310
92$56,213,619$0$0$42,709,204
93$61,798,861$0$0$46,955,023
94$67,949,119$0$0$51,630,435
95$74,721,876$0$0$56,779,148
96$82,180,476$0$0$62,449,325
97$90,394,718$0$0$68,694,039
98$99,441,515$0$0$75,571,774
99$109,405,621$0$0$83,146,971
100$120,380,430$0$0$91,490,646