Can I retire at age 35 with 531,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $531,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.5%
1 years$43,849$43,459$43,078$42,706$42,343$41,053
2 years$21,708$21,303$20,912$20,532$20,163$18,875
3 years$14,328$13,922$13,531$13,155$12,792$11,546
4 years$10,639$10,234$9,847$9,477$9,124$7,929
5 years$8,426$8,024$7,642$7,279$6,936$5,795
6 years$6,951$6,552$6,176$5,821$5,488$4,403
7 years$5,898$5,502$5,132$4,786$4,463$3,434
8 years$5,109$4,716$4,352$4,015$3,703$2,728
9 years$4,495$4,107$3,749$3,420$3,118$2,198
10 years$4,005$3,620$3,268$2,948$2,657$1,789
11 years$3,603$3,222$2,877$2,566$2,285$1,468
12 years$3,269$2,892$2,554$2,250$1,980$1,212
13 years$2,987$2,614$2,281$1,987$1,727$1,007
14 years$2,745$2,376$2,050$1,764$1,514$839
15 years$2,536$2,170$1,851$1,573$1,333$702
16 years$2,353$1,991$1,678$1,408$1,178$589
17 years$2,191$1,834$1,527$1,265$1,044$495
18 years$2,048$1,695$1,394$1,140$929$417
19 years$1,920$1,571$1,276$1,030$828$352
20 years$1,805$1,459$1,171$933$739$297
21 years$1,701$1,359$1,077$847$662$251
22 years$1,606$1,269$993$770$593$213
23 years$1,520$1,187$917$701$532$180
24 years$1,441$1,112$848$640$478$153
25 years$1,369$1,044$785$584$431$130
26 years$1,302$981$728$534$388$110
27 years$1,241$923$676$489$350$94
28 years$1,183$870$629$448$315$79
29 years$1,130$821$585$411$285$68
30 years$1,081$775$545$377$257$57
31 years$1,035$733$508$346$233$49
32 years$991$693$474$318$211$41
33 years$951$656$443$293$191$35
34 years$913$622$413$269$172$30
35 years$877$590$387$248$156$26
36 years$843$560$362$228$142$22
37 years$812$532$338$210$128$18
38 years$781$506$317$194$116$16
39 years$753$481$297$179$105$13
40 years$726$457$278$165$96$11
41 years$700$435$261$152$87$10
42 years$676$415$245$140$79$8
43 years$653$395$230$130$71$7
44 years$631$377$216$120$65$6
45 years$610$359$202$110$59$5
46 years$590$343$190$102$53$4
47 years$571$327$179$94$49$4
48 years$553$312$168$87$44$3
49 years$535$298$158$81$40$3
50 years$518$285$148$74$36$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $531,000, adding $6,721 every year, while hoping to spend $21,708 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: 45/28/27 Blend
34$531,000$531,000$531,000$531,000
35$592,095$563,952$555,721$613,859
36$629,391$568,488$551,241$634,498
37$669,764$572,519$545,883$654,258
38$713,505$575,998$539,594$675,268
39$760,933$578,872$532,322$697,656
40$812,401$581,089$524,007$721,564
41$868,294$582,591$514,589$747,151
42$929,039$583,317$504,007$774,593
43$995,104$583,202$492,194$804,085
44$1,067,003$582,178$479,081$835,842
45$1,145,303$580,171$464,596$870,104
46$1,230,629$577,103$448,665$907,136
47$1,323,665$572,894$431,207$947,233
48$1,425,168$567,454$412,141$990,720
49$1,535,968$560,693$391,381$1,037,960
50$1,656,981$552,511$368,837$1,089,351
51$1,789,215$542,805$344,414$1,145,337
52$1,933,778$531,466$318,015$1,206,408
53$2,091,891$518,375$289,536$1,273,106
54$2,264,898$503,411$258,871$1,346,033
55$2,454,282$486,441$225,907$1,425,853
56$2,661,670$467,329$190,526$1,513,301
57$2,888,860$445,927$152,608$1,609,190
58$3,137,827$422,081$112,024$1,714,420
59$3,410,750$395,627$68,641$1,829,985
60$3,710,026$366,393$22,320$1,956,985
61$4,038,296$334,194$0$2,096,636
62$4,398,471$298,837$0$2,258,093
63$4,793,753$260,119$0$2,442,398
64$5,227,674$217,822$0$2,644,802
65$5,704,120$171,720$0$2,867,166
66$6,227,376$121,569$0$3,111,542
67$6,802,159$67,117$0$3,380,195
68$7,433,667$8,093$0$3,675,623
69$8,127,626$0$0$4,000,582
70$8,890,344$0$0$4,375,300
71$9,728,770$0$0$4,790,023
72$10,650,562$0$0$5,246,053
73$11,664,155$0$0$5,747,574
74$12,778,843$0$0$6,299,192
75$14,004,864$0$0$6,905,984
76$15,353,500$0$0$7,573,543
77$16,837,182$0$0$8,308,033
78$18,469,604$0$0$9,116,243
79$20,265,857$0$0$10,005,656
80$22,242,567$0$0$10,984,515
81$24,418,053$0$0$12,061,903
82$26,812,502$0$0$13,247,829
83$29,448,154$0$0$14,553,321
84$32,349,518$0$0$15,990,532
85$35,543,596$0$0$17,572,850
86$39,060,145$0$0$19,315,030
87$42,931,951$0$0$21,233,330
88$47,195,143$0$0$23,345,663
89$51,889,532$0$0$25,671,771
90$57,058,983$0$0$28,233,403
91$62,751,834$0$0$31,054,531
92$69,021,351$0$0$34,161,565
93$75,926,227$0$0$37,583,610
94$83,531,138$0$0$41,352,737
95$91,907,354$0$0$45,504,286
96$101,133,409$0$0$50,077,201
97$111,295,844$0$0$55,114,395
98$122,490,022$0$0$60,663,155
99$134,821,030$0$0$66,775,593
100$148,404,667$0$0$73,509,131