Can I retire at age 35 with 530,000?

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 $530,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17%
1 years$43,767$43,377$42,997$42,625$42,263$41,058
2 years$21,667$21,263$20,872$20,493$20,125$18,921
3 years$14,301$13,896$13,506$13,130$12,768$11,602
4 years$10,619$10,215$9,829$9,459$9,106$7,987
5 years$8,410$8,009$7,627$7,266$6,923$5,853
6 years$6,938$6,540$6,164$5,811$5,478$4,460
7 years$5,887$5,492$5,122$4,777$4,455$3,488
8 years$5,099$4,708$4,344$4,007$3,696$2,779
9 years$4,487$4,099$3,742$3,413$3,112$2,245
10 years$3,997$3,613$3,262$2,942$2,652$1,834
11 years$3,597$3,216$2,872$2,561$2,281$1,509
12 years$3,263$2,887$2,549$2,246$1,976$1,251
13 years$2,981$2,609$2,277$1,983$1,723$1,042
14 years$2,740$2,371$2,046$1,760$1,511$872
15 years$2,531$2,166$1,847$1,570$1,330$732
16 years$2,348$1,988$1,675$1,406$1,176$616
17 years$2,187$1,830$1,524$1,263$1,042$520
18 years$2,044$1,691$1,391$1,138$927$440
19 years$1,916$1,568$1,274$1,028$826$372
20 years$1,801$1,457$1,169$931$738$316
21 years$1,697$1,357$1,075$845$660$268
22 years$1,603$1,267$991$769$592$228
23 years$1,517$1,185$915$700$531$194
24 years$1,439$1,110$846$638$478$165
25 years$1,366$1,042$784$583$430$141
26 years$1,300$979$727$533$387$120
27 years$1,238$921$675$488$349$102
28 years$1,181$868$627$447$315$87
29 years$1,128$819$584$410$284$74
30 years$1,079$773$544$376$257$63
31 years$1,033$731$507$346$232$54
32 years$990$692$473$318$210$46
33 years$949$655$442$292$190$39
34 years$911$621$413$269$172$34
35 years$875$589$386$247$156$29
36 years$842$559$361$228$141$25
37 years$810$531$338$210$128$21
38 years$780$505$316$193$116$18
39 years$752$480$296$178$105$15
40 years$725$456$278$165$95$13
41 years$699$435$261$152$87$11
42 years$675$414$244$140$79$10
43 years$652$394$229$129$71$8
44 years$630$376$215$119$65$7
45 years$609$358$202$110$59$6
46 years$589$342$190$102$53$5
47 years$570$326$178$94$48$4
48 years$552$311$168$87$44$4
49 years$534$297$158$80$40$3
50 years$517$284$148$74$36$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $530,000, adding $3,741 every year, while hoping to spend $36,668 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: 30/41/29 Blend
34$530,000$530,000$530,000$530,000
35$587,919$559,829$551,614$600,237
36$608,872$548,246$531,078$598,617
37$630,734$534,867$508,626$593,435
38$653,557$519,564$484,154$587,141
39$677,402$502,204$457,554$579,664
40$702,329$482,644$428,715$570,931
41$728,408$460,735$397,518$560,863
42$755,712$436,317$363,841$549,381
43$784,320$409,223$327,556$536,400
44$814,319$379,274$288,528$521,832
45$845,804$346,282$246,617$505,586
46$878,875$310,049$201,678$487,565
47$913,644$270,365$153,558$467,670
48$950,230$227,007$102,097$445,799
49$988,765$179,742$47,129$421,843
50$1,029,392$128,322$0$395,693
51$1,072,265$72,485$0$370,799
52$1,117,555$11,956$0$359,270
53$1,165,445$0$0$346,443
54$1,216,138$0$0$356,414
55$1,269,854$0$0$372,735
56$1,326,834$0$0$390,089
57$1,387,340$0$0$408,563
58$1,451,661$0$0$428,250
59$1,520,112$0$0$449,252
60$1,593,036$0$0$471,682
61$1,670,811$0$0$495,662
62$1,753,851$0$0$521,329
63$1,842,609$0$0$548,830
64$1,937,580$0$0$578,327
65$2,039,310$0$0$609,998
66$2,148,395$0$0$644,040
67$2,265,491$0$0$680,666
68$2,391,317$0$0$720,112
69$2,526,661$0$0$762,637
70$2,672,390$0$0$808,526
71$2,829,456$0$0$858,091
72$2,998,904$0$0$911,674
73$3,181,883$0$0$969,654
74$3,379,653$0$0$1,032,446
75$3,593,602$0$0$1,100,504
76$3,825,255$0$0$1,174,331
77$4,076,287$0$0$1,254,478
78$4,348,541$0$0$1,341,551
79$4,644,044$0$0$1,436,218
80$4,965,025$0$0$1,539,212
81$5,313,936$0$0$1,651,342
82$5,693,474$0$0$1,773,496
83$6,106,606$0$0$1,906,651
84$6,556,598$0$0$2,051,884
85$7,047,043$0$0$2,210,380
86$7,581,897$0$0$2,383,443
87$8,165,512$0$0$2,572,507
88$8,802,678$0$0$2,779,153
89$9,498,670$0$0$3,005,121
90$10,259,295$0$0$3,252,327
91$11,090,943$0$0$3,522,879
92$12,000,654$0$0$3,819,100
93$12,996,175$0$0$4,143,547
94$14,086,041$0$0$4,499,038
95$15,279,647$0$0$4,888,673
96$16,587,341$0$0$5,315,869
97$18,020,518$0$0$5,784,389
98$19,591,730$0$0$6,298,376
99$21,314,798$0$0$6,862,394
100$23,204,948$0$0$7,481,473