Can I retire at age 35 with 541,000?

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 $541,000?

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$44,675$44,277$43,889$43,510$43,140$42,636
2 years$22,116$21,705$21,305$20,918$20,543$20,036
3 years$14,598$14,184$13,786$13,403$13,033$12,539
4 years$10,839$10,427$10,033$9,656$9,295$8,817
5 years$8,585$8,175$7,786$7,417$7,066$6,606
6 years$7,082$6,675$6,292$5,931$5,591$5,149
7 years$6,009$5,606$5,229$4,876$4,547$4,123
8 years$5,205$4,805$4,434$4,091$3,772$3,367
9 years$4,580$4,184$3,819$3,484$3,177$2,789
10 years$4,080$3,688$3,330$3,003$2,707$2,337
11 years$3,671$3,283$2,931$2,614$2,328$1,976
12 years$3,331$2,947$2,602$2,293$2,017$1,683
13 years$3,043$2,663$2,324$2,024$1,759$1,441
14 years$2,797$2,421$2,088$1,797$1,542$1,241
15 years$2,583$2,211$1,886$1,602$1,358$1,072
16 years$2,397$2,029$1,710$1,435$1,200$930
17 years$2,232$1,868$1,556$1,289$1,064$809
18 years$2,086$1,727$1,420$1,162$946$705
19 years$1,956$1,600$1,300$1,050$843$616
20 years$1,839$1,487$1,193$951$753$539
21 years$1,733$1,385$1,097$863$674$473
22 years$1,637$1,293$1,011$785$604$415
23 years$1,549$1,209$934$715$542$365
24 years$1,469$1,133$864$652$487$321
25 years$1,395$1,063$800$595$439$283
26 years$1,327$999$742$544$395$249
27 years$1,264$940$689$498$356$220
28 years$1,206$886$640$456$321$194
29 years$1,152$836$596$419$290$171
30 years$1,101$789$555$384$262$151
31 years$1,054$746$518$353$237$134
32 years$1,010$706$483$324$214$118
33 years$969$669$451$298$194$104
34 years$930$634$421$274$176$92
35 years$894$601$394$253$159$82
36 years$859$571$368$233$144$72
37 years$827$542$345$214$131$64
38 years$796$515$323$197$119$57
39 years$767$490$303$182$107$50
40 years$740$466$284$168$97$44
41 years$714$444$266$155$88$39
42 years$689$422$249$143$80$35
43 years$665$402$234$132$73$31
44 years$643$384$220$122$66$27
45 years$621$366$206$113$60$24
46 years$601$349$194$104$54$22
47 years$582$333$182$96$49$19
48 years$563$318$171$89$45$17
49 years$545$304$161$82$41$15
50 years$528$290$151$76$37$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $541,000, adding $3,896 every year, while hoping to spend $30,941 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: 51/41/8 Blend
34$541,000$541,000$541,000$541,000
35$600,201$571,528$563,142$629,393
36$628,500$566,612$549,087$644,784
37$658,649$560,418$533,523$657,855
38$690,804$552,850$516,368$671,334
39$725,135$543,809$497,536$685,266
40$761,829$533,186$476,934$699,702
41$801,093$520,869$454,468$714,701
42$843,150$506,738$430,039$730,331
43$888,248$490,665$403,542$746,667
44$936,658$472,516$374,869$763,794
45$988,676$452,148$343,906$781,809
46$1,044,630$429,412$310,535$800,821
47$1,104,876$404,148$274,632$820,952
48$1,169,809$376,186$236,068$842,341
49$1,239,861$345,351$194,708$865,142
50$1,315,506$311,452$150,410$889,530
51$1,397,266$274,291$103,027$915,700
52$1,485,714$233,659$52,405$943,872
53$1,581,480$189,332$0$974,291
54$1,685,258$141,076$0$1,007,370
55$1,797,809$88,643$0$1,048,061
56$1,919,970$31,771$0$1,092,243
57$2,052,664$0$0$1,140,317
58$2,196,903$0$0$1,206,177
59$2,353,804$0$0$1,293,460
60$2,524,592$0$0$1,388,519
61$2,710,617$0$0$1,492,113
62$2,913,365$0$0$1,605,075
63$3,134,470$0$0$1,728,323
64$3,375,733$0$0$1,862,869
65$3,639,133$0$0$2,009,822
66$3,926,851$0$0$2,170,409
67$4,241,287$0$0$2,345,977
68$4,585,083$0$0$2,538,009
69$4,961,148$0$0$2,748,140
70$5,372,686$0$0$2,978,169
71$5,823,225$0$0$3,230,076
72$6,316,648$0$0$3,506,045
73$6,857,232$0$0$3,808,477
74$7,449,690$0$0$4,140,019
75$8,099,208$0$0$4,503,586
76$8,811,501$0$0$4,902,386
77$9,592,862$0$0$5,339,957
78$10,450,224$0$0$5,820,191
79$11,391,222$0$0$6,347,380
80$12,424,266$0$0$6,926,248
81$13,558,622$0$0$7,562,001
82$14,804,495$0$0$8,260,373
83$16,173,128$0$0$9,027,680
84$17,676,908$0$0$9,870,883
85$19,329,477$0$0$10,797,647
86$21,145,868$0$0$11,816,420
87$23,142,642$0$0$12,936,505
88$25,338,044$0$0$14,168,156
89$27,752,174$0$0$15,522,667
90$30,407,180$0$0$17,012,483
91$33,327,461$0$0$18,651,316
92$36,539,902$0$0$20,454,271
93$40,074,122$0$0$22,437,994
94$43,962,758$0$0$24,620,824
95$48,241,769$0$0$27,022,970
96$52,950,775$0$0$29,666,694
97$58,133,433$0$0$32,576,532
98$63,837,845$0$0$35,779,513
99$70,117,013$0$0$39,305,424
100$77,029,339$0$0$43,187,085