Can I retire at age 35 with 538,000?

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 $538,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.8%
1 years$44,428$44,032$43,646$43,269$42,901$41,379
2 years$21,994$21,584$21,187$20,802$20,429$18,912
3 years$14,517$14,106$13,710$13,328$12,961$11,496
4 years$10,779$10,369$9,977$9,602$9,244$7,843
5 years$8,537$8,129$7,743$7,375$7,027$5,693
6 years$7,043$6,638$6,257$5,898$5,560$4,295
7 years$5,976$5,575$5,200$4,849$4,522$3,325
8 years$5,176$4,779$4,410$4,068$3,751$2,621
9 years$4,555$4,161$3,798$3,465$3,159$2,095
10 years$4,057$3,667$3,311$2,987$2,692$1,691
11 years$3,651$3,265$2,915$2,599$2,315$1,376
12 years$3,312$2,930$2,587$2,280$2,006$1,127
13 years$3,026$2,648$2,311$2,013$1,749$927
14 years$2,781$2,407$2,077$1,787$1,534$766
15 years$2,569$2,199$1,875$1,594$1,350$635
16 years$2,384$2,018$1,700$1,427$1,193$528
17 years$2,220$1,858$1,547$1,282$1,058$439
18 years$2,075$1,717$1,412$1,155$941$367
19 years$1,945$1,591$1,293$1,044$839$306
20 years$1,828$1,479$1,186$946$749$256
21 years$1,723$1,377$1,091$858$670$215
22 years$1,627$1,286$1,006$780$601$180
23 years$1,540$1,202$929$711$539$151
24 years$1,460$1,127$859$648$485$127
25 years$1,387$1,057$796$592$436$106
26 years$1,319$994$738$541$393$89
27 years$1,257$935$685$495$354$75
28 years$1,199$881$637$454$320$63
29 years$1,145$831$593$416$289$53
30 years$1,095$785$552$382$261$45
31 years$1,048$742$515$351$236$37
32 years$1,005$702$480$322$213$32
33 years$963$665$448$296$193$27
34 years$925$630$419$273$175$22
35 years$889$598$392$251$158$19
36 years$854$567$366$231$143$16
37 years$822$539$343$213$130$13
38 years$792$512$321$196$118$11
39 years$763$487$301$181$107$9
40 years$736$463$282$167$97$8
41 years$710$441$264$154$88$7
42 years$685$420$248$142$80$6
43 years$662$400$233$131$72$5
44 years$639$382$218$121$66$4
45 years$618$364$205$112$60$3
46 years$598$347$193$103$54$3
47 years$578$331$181$96$49$2
48 years$560$316$170$88$45$2
49 years$542$302$160$82$41$2
50 years$525$288$150$75$37$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $538,000, adding $4,968 every year, while hoping to spend $35,877 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: 47/34/19 Blend
34$538,000$538,000$538,000$538,000
35$598,000$569,486$561,147$622,667
36$620,824$559,218$541,773$630,094
37$644,772$547,245$520,547$634,145
38$669,924$533,444$497,370$637,787
39$696,361$517,688$472,137$640,996
40$724,175$499,840$444,739$643,750
41$753,465$479,756$415,061$646,026
42$784,338$457,284$382,986$647,803
43$816,912$432,263$348,387$649,059
44$851,315$404,521$311,136$649,774
45$887,685$373,879$271,095$649,930
46$926,176$340,146$228,124$649,510
47$966,953$303,120$182,073$648,498
48$1,010,198$262,589$132,789$646,882
49$1,056,110$218,327$80,108$644,655
50$1,104,904$170,097$23,864$641,809
51$1,156,820$117,647$0$638,344
52$1,212,117$60,713$0$641,595
53$1,271,078$0$0$649,880
54$1,334,017$0$0$658,782
55$1,401,273$0$0$692,604
56$1,473,223$0$0$728,824
57$1,550,275$0$0$767,655
58$1,632,881$0$0$809,328
59$1,721,533$0$0$854,097
60$1,816,773$0$0$902,243
61$1,919,197$0$0$954,073
62$2,029,458$0$0$1,009,922
63$2,148,272$0$0$1,070,162
64$2,276,426$0$0$1,135,200
65$2,414,787$0$0$1,205,481
66$2,564,306$0$0$1,281,498
67$2,726,026$0$0$1,363,789
68$2,901,096$0$0$1,452,949
69$3,090,780$0$0$1,549,630
70$3,296,465$0$0$1,654,550
71$3,519,679$0$0$1,768,497
72$3,762,100$0$0$1,892,340
73$4,025,575$0$0$2,027,035
74$4,312,137$0$0$2,173,630
75$4,624,021$0$0$2,333,284
76$4,963,686$0$0$2,507,267
77$5,333,840$0$0$2,696,980
78$5,737,461$0$0$2,903,965
79$6,177,828$0$0$3,129,916
80$6,658,549$0$0$3,376,701
81$7,183,597$0$0$3,646,375
82$7,757,345$0$0$3,941,202
83$8,384,608$0$0$4,263,672
84$9,070,685$0$0$4,616,529
85$9,821,415$0$0$5,002,793
86$10,643,222$0$0$5,425,791
87$11,543,185$0$0$5,889,185
88$12,529,096$0$0$6,397,009
89$13,609,538$0$0$6,953,705
90$14,793,963$0$0$7,564,167
91$16,092,781$0$0$8,233,783
92$17,517,459$0$0$8,968,489
93$19,080,625$0$0$9,774,823
94$20,796,190$0$0$10,659,987
95$22,679,476$0$0$11,631,914
96$24,747,364$0$0$12,699,343
97$27,018,445$0$0$13,871,900
98$29,513,202$0$0$15,160,191
99$32,254,199$0$0$16,575,897
100$35,266,294$0$0$18,131,891