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%17.6%
1 years$44,758$44,359$43,970$43,591$43,220$41,887
2 years$22,157$21,745$21,345$20,957$20,581$19,249
3 years$14,625$14,210$13,811$13,427$13,057$11,769
4 years$10,859$10,446$10,051$9,674$9,313$8,078
5 years$8,601$8,190$7,800$7,430$7,079$5,901
6 years$7,095$6,688$6,304$5,942$5,602$4,481
7 years$6,020$5,616$5,238$4,885$4,556$3,493
8 years$5,215$4,814$4,443$4,098$3,779$2,773
9 years$4,588$4,192$3,826$3,491$3,183$2,233
10 years$4,088$3,695$3,336$3,009$2,712$1,816
11 years$3,678$3,289$2,937$2,619$2,332$1,489
12 years$3,337$2,952$2,606$2,297$2,021$1,229
13 years$3,049$2,668$2,329$2,028$1,762$1,020
14 years$2,802$2,425$2,092$1,800$1,545$850
15 years$2,588$2,215$1,889$1,605$1,360$710
16 years$2,401$2,033$1,713$1,437$1,202$595
17 years$2,237$1,872$1,559$1,292$1,066$500
18 years$2,090$1,730$1,423$1,164$948$421
19 years$1,960$1,603$1,302$1,052$845$355
20 years$1,842$1,490$1,195$953$755$300
21 years$1,736$1,388$1,099$864$675$253
22 years$1,640$1,295$1,013$786$605$214
23 years$1,552$1,211$936$716$543$181
24 years$1,471$1,135$865$653$488$154
25 years$1,397$1,065$801$596$439$130
26 years$1,329$1,001$743$545$396$111
27 years$1,266$942$690$499$357$94
28 years$1,208$888$642$457$322$80
29 years$1,154$837$597$419$291$68
30 years$1,103$791$556$385$263$57
31 years$1,056$748$519$353$238$49
32 years$1,012$707$484$325$215$41
33 years$971$670$452$299$194$35
34 years$932$635$422$275$176$30
35 years$895$602$395$253$159$25
36 years$861$572$369$233$144$22
37 years$828$543$345$215$131$18
38 years$798$516$324$198$119$16
39 years$769$491$303$182$108$13
40 years$741$467$284$168$98$11
41 years$715$444$266$155$89$10
42 years$690$423$250$143$80$8
43 years$666$403$234$132$73$7
44 years$644$384$220$122$66$6
45 years$623$367$207$113$60$5
46 years$602$350$194$104$55$4
47 years$583$334$182$96$50$4
48 years$564$319$171$89$45$3
49 years$546$304$161$82$41$3
50 years$529$291$151$76$37$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $542,000, adding $5,383 every year, while hoping to spend $30,037 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: 65/16/19 Blend
34$542,000$542,000$542,000$542,000
35$602,837$574,111$565,710$638,809
36$632,367$570,283$552,702$659,785
37$663,902$565,261$538,251$678,774
38$697,616$558,954$522,279$698,812
39$733,698$551,268$504,699$720,001
40$772,354$542,100$485,427$742,457
41$813,815$531,342$464,368$766,306
42$858,328$518,883$441,429$791,690
43$906,169$504,600$416,509$818,766
44$957,640$488,366$389,503$847,707
45$1,013,070$470,047$360,302$878,707
46$1,072,823$449,499$328,792$911,979
47$1,137,298$426,572$294,854$947,760
48$1,206,934$401,105$258,363$986,314
49$1,282,212$372,930$219,189$1,027,932
50$1,363,661$341,868$177,195$1,072,936
51$1,451,864$307,729$132,241$1,121,684
52$1,547,461$270,314$84,178$1,174,572
53$1,651,156$229,413$32,852$1,232,038
54$1,763,721$184,802$0$1,294,567
55$1,886,009$136,246$0$1,367,141
56$2,018,956$83,495$0$1,453,307
57$2,163,591$26,288$0$1,547,090
58$2,321,048$0$0$1,649,257
59$2,492,574$0$0$1,766,927
60$2,679,541$0$0$1,900,269
61$2,883,459$0$0$2,045,735
62$3,105,992$0$0$2,204,515
63$3,348,968$0$0$2,377,918
64$3,614,401$0$0$2,567,389
65$3,904,510$0$0$2,774,513
66$4,221,735$0$0$3,001,039
67$4,568,764$0$0$3,248,892
68$4,948,558$0$0$3,520,191
69$5,364,374$0$0$3,817,270
70$5,819,803$0$0$4,142,699
71$6,318,795$0$0$4,499,307
72$6,865,704$0$0$4,890,212
73$7,465,322$0$0$5,318,846
74$8,122,930$0$0$5,788,992
75$8,844,343$0$0$6,304,811
76$9,635,966$0$0$6,870,893
77$10,504,853$0$0$7,492,290
78$11,458,776$0$0$8,174,566
79$12,506,296$0$0$8,923,854
80$13,656,843$0$0$9,746,907
81$14,920,805$0$0$10,651,165
82$16,309,627$0$0$11,644,825
83$17,835,916$0$0$12,736,916
84$19,513,561$0$0$13,937,387
85$21,357,866$0$0$15,257,197
86$23,385,687$0$0$16,708,420
87$25,615,601$0$0$18,304,360
88$28,068,069$0$0$20,059,675
89$30,765,640$0$0$21,990,511
90$33,733,153$0$0$24,114,663
91$36,997,979$0$0$26,451,734
92$40,590,274$0$0$29,023,323
93$44,543,267$0$0$31,853,229
94$48,893,568$0$0$34,967,677
95$53,681,516$0$0$38,395,558
96$58,951,561$0$0$42,168,711
97$64,752,677$0$0$46,322,215
98$71,138,832$0$0$50,894,723
99$78,169,487$0$0$55,928,828
100$85,910,166$0$0$61,471,461