Can I retire at age 35 with 547,000?

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 $547,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.1%
1 years$45,171$44,768$44,376$43,993$43,619$42,358
2 years$22,362$21,945$21,542$21,150$20,771$19,511
3 years$14,760$14,341$13,939$13,551$13,178$11,958
4 years$10,959$10,543$10,144$9,763$9,399$8,228
5 years$8,680$8,265$7,872$7,499$7,145$6,027
6 years$7,161$6,749$6,362$5,997$5,653$4,589
7 years$6,076$5,668$5,287$4,930$4,598$3,587
8 years$5,263$4,859$4,484$4,136$3,814$2,857
9 years$4,631$4,230$3,862$3,523$3,212$2,307
10 years$4,125$3,729$3,367$3,037$2,737$1,882
11 years$3,712$3,320$2,964$2,643$2,354$1,549
12 years$3,368$2,979$2,630$2,318$2,040$1,282
13 years$3,077$2,693$2,350$2,047$1,779$1,068
14 years$2,828$2,447$2,112$1,817$1,559$892
15 years$2,612$2,236$1,907$1,620$1,373$749
16 years$2,423$2,051$1,729$1,451$1,213$630
17 years$2,257$1,889$1,573$1,303$1,076$531
18 years$2,110$1,746$1,436$1,175$957$449
19 years$1,978$1,618$1,314$1,061$853$380
20 years$1,859$1,503$1,206$961$762$322
21 years$1,752$1,400$1,110$872$682$273
22 years$1,655$1,307$1,023$793$611$232
23 years$1,566$1,223$944$722$548$197
24 years$1,485$1,145$873$659$493$168
25 years$1,410$1,075$809$602$444$143
26 years$1,342$1,010$750$550$400$122
27 years$1,278$951$697$504$360$104
28 years$1,219$896$648$461$325$88
29 years$1,164$845$603$423$293$75
30 years$1,113$798$561$388$265$64
31 years$1,066$755$523$357$240$55
32 years$1,021$714$488$328$217$47
33 years$980$676$456$301$196$40
34 years$940$641$426$277$178$34
35 years$904$608$398$255$161$29
36 years$869$577$373$235$146$25
37 years$836$548$349$217$132$21
38 years$805$521$327$200$120$18
39 years$776$495$306$184$109$15
40 years$748$471$287$170$99$13
41 years$721$448$269$157$89$11
42 years$696$427$252$145$81$10
43 years$673$407$237$133$74$8
44 years$650$388$222$123$67$7
45 years$628$370$209$114$61$6
46 years$608$353$196$105$55$5
47 years$588$337$184$97$50$4
48 years$569$321$173$90$45$4
49 years$551$307$163$83$41$3
50 years$534$293$153$77$37$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $547,000, adding $2,504 every year, while hoping to spend $23,849 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: 23/47/30 Blend
34$547,000$547,000$547,000$547,000
35$605,377$576,386$567,907$613,548
36$641,750$579,254$561,557$623,793
37$681,034$581,463$554,195$632,601
38$723,501$582,955$545,761$641,533
39$769,448$583,671$536,195$650,613
40$819,205$583,544$525,431$659,874
41$873,133$582,506$513,401$669,353
42$931,627$580,484$500,035$679,090
43$995,126$577,400$485,259$689,137
44$1,064,108$573,171$468,994$699,550
45$1,139,101$567,711$451,160$710,394
46$1,220,688$560,927$431,672$721,746
47$1,309,506$552,721$410,441$733,690
48$1,406,259$542,988$387,374$746,327
49$1,511,722$531,618$362,375$759,766
50$1,626,745$518,495$335,343$774,136
51$1,752,267$503,496$306,171$789,581
52$1,889,319$486,488$274,748$806,262
53$2,039,038$467,334$240,961$824,365
54$2,202,674$445,887$204,687$844,096
55$2,381,603$421,993$165,801$865,689
56$2,577,343$395,487$124,171$889,407
57$2,791,562$366,196$79,661$915,545
58$3,026,098$333,936$32,126$944,434
59$3,282,975$298,514$0$976,446
60$3,564,423$259,725$0$1,017,950
61$3,872,896$217,354$0$1,074,818
62$4,211,097$171,170$0$1,137,329
63$4,582,005$120,933$0$1,206,117
64$4,988,898$66,387$0$1,281,887
65$5,435,390$7,265$0$1,365,423
66$5,925,459$0$0$1,457,591
67$6,463,488$0$0$1,588,690
68$7,054,306$0$0$1,736,878
69$7,703,231$0$0$1,899,744
70$8,416,122$0$0$2,078,773
71$9,199,433$0$0$2,275,598
72$10,060,275$0$0$2,492,021
73$11,006,482$0$0$2,730,024
74$12,046,684$0$0$2,991,793
75$13,190,389$0$0$3,279,738
76$14,448,073$0$0$3,596,510
77$15,831,277$0$0$3,945,034
78$17,352,717$0$0$4,328,530
79$19,026,403$0$0$4,750,547
80$20,867,772$0$0$5,214,996
81$22,893,832$0$0$5,726,185
82$25,123,322$0$0$6,288,863
83$27,576,892$0$0$6,908,259
84$30,277,292$0$0$7,590,139
85$33,249,591$0$0$8,340,854
86$36,521,411$0$0$9,167,402
87$40,123,189$0$0$10,077,495
88$44,088,460$0$0$11,079,631
89$48,454,178$0$0$12,183,172
90$53,261,065$0$0$13,398,438
91$58,553,987$0$0$14,736,797
92$64,382,386$0$0$16,210,778
93$70,800,743$0$0$17,834,186
94$77,869,090$0$0$19,622,233
95$85,653,578$0$0$21,591,684
96$94,227,102$0$0$23,761,010
97$103,669,987$0$0$26,150,567
98$114,070,745$0$0$28,782,786
99$125,526,913$0$0$31,682,385
100$138,145,970$0$0$34,876,600