Can I retire at age 35 with 544,000?

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 $544,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.3%
1 years$44,923$44,523$44,132$43,751$43,379$43,142
2 years$22,239$21,825$21,424$21,034$20,657$20,417
3 years$14,679$14,263$13,862$13,477$13,106$12,871
4 years$10,899$10,485$10,088$9,709$9,347$9,120
5 years$8,632$8,220$7,829$7,458$7,105$6,886
6 years$7,121$6,712$6,327$5,964$5,622$5,411
7 years$6,043$5,637$5,258$4,903$4,572$4,369
8 years$5,234$4,832$4,459$4,113$3,793$3,598
9 years$4,605$4,207$3,841$3,504$3,194$3,008
10 years$4,103$3,708$3,348$3,020$2,722$2,543
11 years$3,692$3,301$2,948$2,628$2,341$2,170
12 years$3,349$2,963$2,616$2,305$2,029$1,865
13 years$3,060$2,678$2,337$2,035$1,769$1,613
14 years$2,812$2,434$2,100$1,807$1,551$1,402
15 years$2,598$2,224$1,896$1,611$1,365$1,224
16 years$2,410$2,040$1,719$1,443$1,207$1,073
17 years$2,245$1,879$1,564$1,296$1,070$943
18 years$2,098$1,736$1,428$1,168$951$831
19 years$1,967$1,609$1,307$1,056$848$734
20 years$1,849$1,495$1,200$956$757$649
21 years$1,742$1,393$1,104$868$678$575
22 years$1,646$1,300$1,017$789$608$511
23 years$1,557$1,216$939$718$545$454
24 years$1,477$1,139$868$655$490$404
25 years$1,403$1,069$804$598$441$360
26 years$1,334$1,005$746$547$397$321
27 years$1,271$946$693$501$358$287
28 years$1,212$891$644$459$323$256
29 years$1,158$841$599$421$292$229
30 years$1,107$794$558$386$264$205
31 years$1,060$750$520$355$238$183
32 years$1,016$710$486$326$216$164
33 years$974$672$453$300$195$147
34 years$935$637$424$276$177$131
35 years$899$605$396$254$160$118
36 years$864$574$370$234$145$106
37 years$831$545$347$215$131$95
38 years$801$518$325$199$119$85
39 years$771$492$304$183$108$76
40 years$744$469$285$169$98$68
41 years$718$446$267$156$89$61
42 years$693$425$251$144$81$55
43 years$669$405$235$133$73$49
44 years$646$386$221$123$66$44
45 years$625$368$207$113$60$40
46 years$604$351$195$105$55$36
47 years$585$335$183$97$50$32
48 years$566$320$172$89$45$29
49 years$548$305$162$82$41$26
50 years$531$292$152$76$37$23

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $544,000, adding $5,821 every year, while hoping to spend $24,507 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: 44/47/9 Blend
34$544,000$544,000$544,000$544,000
35$605,492$576,660$568,228$630,330
36$641,177$578,841$561,189$650,329
37$679,681$580,308$553,092$669,026
38$721,264$580,999$543,877$688,733
39$766,216$580,850$533,479$709,551
40$814,850$579,793$521,831$731,592
41$867,516$577,754$508,863$754,982
42$924,594$574,655$494,502$779,863
43$986,505$570,416$478,670$806,390
44$1,053,711$564,948$461,287$834,736
45$1,126,718$558,160$442,270$865,095
46$1,206,087$549,953$421,529$897,681
47$1,292,431$540,224$398,974$932,732
48$1,386,427$528,863$374,507$970,514
49$1,488,819$515,753$348,029$1,011,320
50$1,600,425$500,772$319,435$1,055,477
51$1,722,148$483,789$288,616$1,103,348
52$1,854,978$464,666$255,455$1,155,335
53$2,000,008$443,257$219,835$1,211,884
54$2,158,439$419,407$181,630$1,273,490
55$2,331,595$392,952$140,710$1,340,703
56$2,520,932$363,722$96,938$1,414,130
57$2,728,054$331,531$50,172$1,494,447
58$2,954,727$296,188$265$1,582,401
59$3,202,896$257,487$0$1,678,819
60$3,474,701$215,215$0$1,789,708
61$3,772,502$169,141$0$1,911,352
62$4,098,895$119,027$0$2,044,866
63$4,456,741$64,618$0$2,191,512
64$4,849,189$5,645$0$2,352,685
65$5,279,710$0$0$2,529,927
66$5,752,124$0$0$2,755,032
67$6,270,642$0$0$3,005,379
68$6,839,901$0$0$3,280,294
69$7,465,008$0$0$3,582,255
70$8,151,591$0$0$3,913,987
71$8,905,847$0$0$4,278,497
72$9,734,605$0$0$4,679,092
73$10,645,388$0$0$5,119,420
74$11,646,483$0$0$5,603,498
75$12,747,021$0$0$6,135,752
76$13,957,061$0$0$6,721,058
77$15,287,684$0$0$7,364,788
78$16,751,102$0$0$8,072,861
79$18,360,767$0$0$8,851,799
80$20,131,500$0$0$9,708,786
81$22,079,634$0$0$10,651,741
82$24,223,160$0$0$11,689,386
83$26,581,906$0$0$12,831,333
84$29,177,715$0$0$14,088,171
85$32,034,658$0$0$15,471,570
86$35,179,253$0$0$16,994,388
87$38,640,726$0$0$18,670,792
88$42,451,273$0$0$20,516,392
89$46,646,376$0$0$22,548,392
90$51,265,130$0$0$24,785,743
91$56,350,612$0$0$27,249,334
92$61,950,292$0$0$29,962,177
93$68,116,474$0$0$32,949,632
94$74,906,795$0$0$36,239,645
95$82,384,765$0$0$39,863,006
96$90,620,369$0$0$43,853,649
97$99,690,724$0$0$48,248,963
98$109,680,809$0$0$53,090,149
99$120,684,263$0$0$58,422,609
100$132,804,274$0$0$64,296,375