Can I retire at age 35 with 542,000?

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 $542,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.3%
1 years$44,758$44,359$43,970$43,591$43,220$41,604
2 years$22,157$21,745$21,345$20,957$20,581$18,971
3 years$14,625$14,210$13,811$13,427$13,057$11,505
4 years$10,859$10,446$10,051$9,674$9,313$7,829
5 years$8,601$8,190$7,800$7,430$7,079$5,668
6 years$7,095$6,688$6,304$5,942$5,602$4,264
7 years$6,020$5,616$5,238$4,885$4,556$3,292
8 years$5,215$4,814$4,443$4,098$3,779$2,587
9 years$4,588$4,192$3,826$3,491$3,183$2,061
10 years$4,088$3,695$3,336$3,009$2,712$1,659
11 years$3,678$3,289$2,937$2,619$2,332$1,346
12 years$3,337$2,952$2,606$2,297$2,021$1,098
13 years$3,049$2,668$2,329$2,028$1,762$901
14 years$2,802$2,425$2,092$1,800$1,545$741
15 years$2,588$2,215$1,889$1,605$1,360$612
16 years$2,401$2,033$1,713$1,437$1,202$507
17 years$2,237$1,872$1,559$1,292$1,066$421
18 years$2,090$1,730$1,423$1,164$948$350
19 years$1,960$1,603$1,302$1,052$845$291
20 years$1,842$1,490$1,195$953$755$243
21 years$1,736$1,388$1,099$864$675$202
22 years$1,640$1,295$1,013$786$605$169
23 years$1,552$1,211$936$716$543$141
24 years$1,471$1,135$865$653$488$118
25 years$1,397$1,065$801$596$439$99
26 years$1,329$1,001$743$545$396$83
27 years$1,266$942$690$499$357$69
28 years$1,208$888$642$457$322$58
29 years$1,154$837$597$419$291$48
30 years$1,103$791$556$385$263$41
31 years$1,056$748$519$353$238$34
32 years$1,012$707$484$325$215$28
33 years$971$670$452$299$194$24
34 years$932$635$422$275$176$20
35 years$895$602$395$253$159$17
36 years$861$572$369$233$144$14
37 years$828$543$345$215$131$12
38 years$798$516$324$198$119$10
39 years$769$491$303$182$108$8
40 years$741$467$284$168$98$7
41 years$715$444$266$155$89$6
42 years$690$423$250$143$80$5
43 years$666$403$234$132$73$4
44 years$644$384$220$122$66$3
45 years$623$367$207$113$60$3
46 years$602$350$194$104$55$2
47 years$583$334$182$96$50$2
48 years$564$319$171$89$45$2
49 years$546$304$161$82$41$1
50 years$529$291$151$76$37$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $542,000, adding $3,747 every year, while hoping to spend $28,958 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: 33/50/17 Blend
34$542,000$542,000$542,000$542,000
35$601,149$572,423$564,022$617,699
36$631,655$569,661$552,106$627,464
37$664,302$565,792$538,820$635,036
38$699,278$560,733$524,087$642,577
39$736,789$554,394$507,829$650,103
40$777,061$546,679$489,960$657,630
41$820,342$537,487$470,395$665,181
42$866,904$526,711$449,040$672,782
43$917,047$514,238$425,801$680,467
44$971,098$499,948$400,578$688,273
45$1,029,419$483,714$373,266$696,248
46$1,092,405$465,401$343,756$704,446
47$1,160,492$444,868$311,934$712,930
48$1,234,159$421,963$277,680$721,776
49$1,313,932$396,528$240,872$731,068
50$1,400,390$368,395$201,377$740,907
51$1,494,167$337,384$159,061$751,406
52$1,595,965$303,308$113,782$762,696
53$1,706,552$265,969$65,392$774,928
54$1,826,774$225,155$13,737$788,270
55$1,957,563$180,646$0$802,918
56$2,099,942$132,206$0$826,599
57$2,255,040$79,587$0$855,202
58$2,424,096$22,529$0$886,546
59$2,608,476$0$0$920,982
60$2,809,682$0$0$980,497
61$3,029,368$0$0$1,059,088
62$3,269,354$0$0$1,145,020
63$3,531,645$0$0$1,239,021
64$3,818,448$0$0$1,341,893
65$4,132,191$0$0$1,454,517
66$4,475,551$0$0$1,577,865
67$4,851,472$0$0$1,713,007
68$5,263,199$0$0$1,861,120
69$5,714,304$0$0$2,023,503
70$6,208,720$0$0$2,201,584
71$6,750,781$0$0$2,396,937
72$7,345,259$0$0$2,611,296
73$7,997,409$0$0$2,846,570
74$8,713,021$0$0$3,104,864
75$9,498,471$0$0$3,388,494
76$10,360,784$0$0$3,700,013
77$11,307,697$0$0$4,042,232
78$12,347,734$0$0$4,418,249
79$13,490,284$0$0$4,831,477
80$14,745,691$0$0$5,285,674
81$16,125,351$0$0$5,784,984
82$17,641,818$0$0$6,333,969
83$19,308,922$0$0$6,937,656
84$21,141,901$0$0$7,601,584
85$23,157,544$0$0$8,331,856
86$25,374,346$0$0$9,135,195
87$27,812,685$0$0$10,019,010
88$30,495,016$0$0$10,991,462
89$33,446,075$0$0$12,061,547
90$36,693,120$0$0$13,239,171
91$40,266,184$0$0$14,535,255
92$44,198,356$0$0$15,961,829
93$48,526,099$0$0$17,532,148
94$53,289,585$0$0$19,260,820
95$58,533,083$0$0$21,163,938
96$64,305,368$0$0$23,259,238
97$70,660,187$0$0$25,566,261
98$77,656,760$0$0$28,106,539
99$85,360,345$0$0$30,903,800
100$93,842,848$0$0$33,984,189