Can I retire at age 35 with 545,000?

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 $545,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.5%
1 years$45,006$44,605$44,214$43,832$43,459$42,305
2 years$22,280$21,865$21,463$21,073$20,695$19,541
3 years$14,706$14,289$13,888$13,502$13,130$12,011
4 years$10,919$10,504$10,107$9,727$9,364$8,290
5 years$8,648$8,235$7,843$7,471$7,118$6,091
6 years$7,135$6,725$6,339$5,975$5,633$4,653
7 years$6,054$5,647$5,267$4,912$4,581$3,650
8 years$5,244$4,841$4,467$4,121$3,800$2,917
9 years$4,614$4,215$3,848$3,510$3,200$2,364
10 years$4,110$3,715$3,354$3,026$2,727$1,936
11 years$3,698$3,307$2,953$2,633$2,345$1,599
12 years$3,356$2,969$2,621$2,310$2,032$1,329
13 years$3,066$2,683$2,342$2,039$1,772$1,111
14 years$2,817$2,438$2,104$1,810$1,553$933
15 years$2,602$2,228$1,900$1,614$1,368$786
16 years$2,415$2,044$1,722$1,445$1,209$664
17 years$2,249$1,882$1,567$1,299$1,072$562
18 years$2,102$1,739$1,431$1,170$953$477
19 years$1,970$1,612$1,310$1,058$849$406
20 years$1,852$1,498$1,202$958$759$345
21 years$1,746$1,395$1,106$869$679$294
22 years$1,649$1,302$1,019$790$609$251
23 years$1,560$1,218$941$720$546$215
24 years$1,479$1,141$870$657$491$183
25 years$1,405$1,071$806$600$442$157
26 years$1,337$1,007$747$548$398$134
27 years$1,273$947$694$502$359$115
28 years$1,215$893$645$460$324$98
29 years$1,160$842$600$422$292$84
30 years$1,109$795$559$387$264$72
31 years$1,062$752$521$355$239$62
32 years$1,018$711$486$327$216$53
33 years$976$674$454$300$196$45
34 years$937$639$424$276$177$39
35 years$900$606$397$254$160$33
36 years$866$575$371$234$145$29
37 years$833$546$347$216$132$25
38 years$802$519$325$199$119$21
39 years$773$493$305$183$108$18
40 years$745$469$286$169$98$16
41 years$719$447$268$156$89$13
42 years$694$426$251$144$81$11
43 years$670$405$236$133$73$10
44 years$648$386$221$123$67$8
45 years$626$369$208$113$60$7
46 years$605$352$195$105$55$6
47 years$586$336$183$97$50$5
48 years$567$320$172$89$45$5
49 years$549$306$162$83$41$4
50 years$532$292$152$76$37$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $545,000, adding $3,319 every year, while hoping to spend $25,369 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: 62/12/26 Blend
34$545,000$545,000$545,000$545,000
35$604,014$575,129$566,681$637,090
36$638,631$576,317$558,672$661,106
37$675,928$576,714$549,545$684,253
38$716,153$576,254$539,235$708,976
39$759,576$574,866$527,675$735,434
40$806,496$572,476$514,795$763,802
41$857,238$569,008$500,520$794,274
42$912,163$564,376$484,775$827,064
43$971,667$558,493$467,478$862,411
44$1,036,183$551,266$448,544$900,576
45$1,106,190$542,595$427,887$941,850
46$1,182,215$532,374$405,414$986,555
47$1,264,834$520,494$381,029$1,035,046
48$1,354,684$506,836$354,631$1,087,716
49$1,452,466$491,274$326,115$1,144,998
50$1,558,948$473,678$295,371$1,207,374
51$1,674,980$453,907$262,284$1,275,374
52$1,801,492$431,813$226,735$1,349,585
53$1,939,512$407,240$188,599$1,430,654
54$2,090,170$380,022$147,745$1,519,297
55$2,254,709$349,985$104,036$1,616,306
56$2,434,499$316,943$57,330$1,722,555
57$2,631,045$280,701$7,479$1,839,009
58$2,846,009$241,053$0$1,966,734
59$3,081,217$197,779$0$2,119,593
60$3,338,681$150,650$0$2,289,238
61$3,620,616$99,422$0$2,475,078
62$3,929,463$43,837$0$2,678,744
63$4,267,907$0$0$2,902,040
64$4,638,909$0$0$3,149,112
65$5,045,726$0$0$3,426,424
66$5,491,949$0$0$3,730,640
67$5,981,530$0$0$4,064,458
68$6,518,825$0$0$4,430,855
69$7,108,630$0$0$4,833,107
70$7,756,230$0$0$5,274,823
71$8,467,443$0$0$5,759,980
72$9,248,683$0$0$6,292,957
73$10,107,013$0$0$6,878,579
74$11,050,213$0$0$7,522,163
75$12,086,857$0$0$8,229,565
76$13,226,389$0$0$9,007,236
77$14,479,213$0$0$9,862,284
78$15,856,793$0$0$10,802,541
79$17,371,758$0$0$11,836,635
80$19,038,022$0$0$12,974,071
81$20,870,918$0$0$14,225,325
82$22,887,336$0$0$15,601,935
83$25,105,888$0$0$17,116,616
84$27,547,079$0$0$18,783,379
85$30,233,504$0$0$20,617,658
86$33,190,058$0$0$22,636,463
87$36,444,172$0$0$24,858,534
88$40,026,070$0$0$27,304,520
89$43,969,057$0$0$29,997,175
90$48,309,828$0$0$32,961,571
91$53,088,820$0$0$36,225,331
92$58,350,588$0$0$39,818,899
93$64,144,227$0$0$43,775,816
94$70,523,837$0$0$48,133,043
95$77,549,030$0$0$52,931,308
96$85,285,492$0$0$58,215,490
97$93,805,608$0$0$64,035,042
98$103,189,136$0$0$70,444,458
99$113,523,968$0$0$77,503,786
100$124,906,953$0$0$85,279,196