Can I retire at age 35 with 546,000?

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 $546,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.3%
1 years$45,088$44,687$44,295$43,912$43,539$42,590
2 years$22,321$21,905$21,502$21,112$20,733$19,782
3 years$14,733$14,315$13,913$13,526$13,154$12,230
4 years$10,939$10,523$10,125$9,745$9,381$8,492
5 years$8,664$8,250$7,858$7,485$7,132$6,279
6 years$7,148$6,737$6,350$5,986$5,643$4,829
7 years$6,065$5,658$5,277$4,921$4,589$3,813
8 years$5,253$4,850$4,475$4,128$3,807$3,069
9 years$4,622$4,223$3,855$3,516$3,206$2,505
10 years$4,118$3,722$3,361$3,031$2,732$2,067
11 years$3,705$3,313$2,959$2,638$2,349$1,720
12 years$3,362$2,974$2,626$2,314$2,036$1,442
13 years$3,071$2,688$2,346$2,043$1,775$1,215
14 years$2,823$2,443$2,108$1,813$1,556$1,028
15 years$2,607$2,232$1,903$1,617$1,370$873
16 years$2,419$2,048$1,725$1,448$1,211$744
17 years$2,253$1,886$1,570$1,301$1,074$636
18 years$2,106$1,742$1,433$1,173$955$544
19 years$1,974$1,615$1,312$1,059$851$467
20 years$1,856$1,501$1,204$960$760$401
21 years$1,749$1,398$1,108$871$680$345
22 years$1,652$1,305$1,021$792$610$297
23 years$1,563$1,220$943$721$547$256
24 years$1,482$1,143$872$658$492$221
25 years$1,408$1,073$807$601$443$191
26 years$1,339$1,008$749$549$399$165
27 years$1,276$949$695$503$360$143
28 years$1,217$894$646$461$324$123
29 years$1,162$844$602$422$293$107
30 years$1,111$797$560$388$265$92
31 years$1,064$753$522$356$239$80
32 years$1,019$713$487$327$216$69
33 years$978$675$455$301$196$60
34 years$939$640$425$277$177$52
35 years$902$607$397$255$161$45
36 years$867$576$372$235$146$39
37 years$834$547$348$216$132$34
38 years$803$520$326$199$120$29
39 years$774$494$305$184$108$25
40 years$746$470$286$170$98$22
41 years$720$448$268$156$89$19
42 years$695$426$252$144$81$17
43 years$671$406$236$133$73$14
44 years$649$387$222$123$67$12
45 years$627$369$208$114$61$11
46 years$607$352$196$105$55$9
47 years$587$336$184$97$50$8
48 years$568$321$173$90$45$7
49 years$550$306$162$83$41$6
50 years$533$293$153$77$37$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $546,000, adding $6,940 every year, while hoping to spend $33,990 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: 86/8/6 Blend
34$546,000$546,000$546,000$546,000
35$608,851$579,913$571,450$660,451
36$634,788$572,163$554,428$687,384
37$662,232$562,895$535,697$711,561
38$691,301$551,997$515,164$737,032
39$722,122$539,354$492,730$763,903
40$754,837$524,840$468,295$792,291
41$789,598$508,326$441,751$822,325
42$826,576$489,672$412,988$854,145
43$865,953$468,732$381,889$887,906
44$907,930$445,351$348,333$923,778
45$952,730$419,364$312,193$961,951
46$1,000,593$390,597$273,336$1,002,629
47$1,051,785$358,868$231,624$1,046,041
48$1,106,596$323,981$186,913$1,092,436
49$1,165,345$285,732$139,050$1,142,090
50$1,228,381$243,904$87,879$1,195,307
51$1,296,088$198,268$33,236$1,252,421
52$1,368,888$148,582$0$1,313,801
53$1,447,242$94,590$0$1,381,456
54$1,531,658$36,022$0$1,456,605
55$1,622,693$0$0$1,537,621
56$1,720,960$0$0$1,627,473
57$1,827,133$0$0$1,727,984
58$1,941,950$0$0$1,836,684
59$2,066,225$0$0$1,954,344
60$2,200,850$0$0$2,081,810
61$2,346,810$0$0$2,220,013
62$2,505,183$0$0$2,369,978
63$2,677,160$0$0$2,532,830
64$2,864,046$0$0$2,709,808
65$3,067,279$0$0$2,902,274
66$3,288,442$0$0$3,111,729
67$3,529,276$0$0$3,339,820
68$3,791,694$0$0$3,588,364
69$4,077,806$0$0$3,859,357
70$4,389,931$0$0$4,154,999
71$4,730,623$0$0$4,477,708
72$5,102,693$0$0$4,830,149
73$5,509,234$0$0$5,215,255
74$5,953,654$0$0$5,636,252
75$6,439,702$0$0$6,096,697
76$6,971,509$0$0$6,600,501
77$7,553,621$0$0$7,151,974
78$8,191,045$0$0$7,755,862
79$8,889,297$0$0$8,417,389
80$9,654,446$0$0$9,142,311
81$10,493,182$0$0$9,936,965
82$11,412,870$0$0$10,808,331
83$12,421,621$0$0$11,764,096
84$13,528,371$0$0$12,812,729
85$14,742,961$0$0$13,963,557
86$16,076,233$0$0$15,226,853
87$17,540,127$0$0$16,613,934
88$19,147,798$0$0$18,137,266
89$20,913,736$0$0$19,810,583
90$22,853,906$0$0$21,649,012
91$24,985,893$0$0$23,669,221
92$27,329,070$0$0$25,889,568
93$29,904,781$0$0$28,330,283
94$32,736,542$0$0$31,013,651
95$35,850,258$0$0$33,964,222
96$39,274,474$0$0$37,209,049
97$43,040,635$0$0$40,777,932
98$47,183,390$0$0$44,703,709
99$51,740,913$0$0$49,022,557
100$56,755,265$0$0$53,774,338