Can I retire at age 35 with 548,000?

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 $548,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.8%
1 years$45,253$44,850$44,457$44,073$43,698$41,981
2 years$22,403$21,985$21,581$21,189$20,809$19,100
3 years$14,787$14,368$13,964$13,576$13,202$11,555
4 years$10,980$10,562$10,162$9,781$9,416$7,843
5 years$8,696$8,281$7,887$7,513$7,158$5,664
6 years$7,174$6,762$6,373$6,008$5,664$4,249
7 years$6,087$5,678$5,296$4,939$4,606$3,270
8 years$5,272$4,867$4,492$4,144$3,821$2,563
9 years$4,639$4,238$3,869$3,529$3,218$2,036
10 years$4,133$3,736$3,373$3,042$2,742$1,633
11 years$3,719$3,326$2,969$2,648$2,358$1,320
12 years$3,374$2,985$2,635$2,322$2,043$1,074
13 years$3,083$2,697$2,354$2,050$1,782$878
14 years$2,833$2,452$2,115$1,820$1,562$720
15 years$2,617$2,240$1,910$1,623$1,375$593
16 years$2,428$2,055$1,732$1,453$1,216$489
17 years$2,261$1,893$1,576$1,306$1,078$404
18 years$2,113$1,749$1,438$1,177$958$335
19 years$1,981$1,621$1,317$1,063$854$278
20 years$1,862$1,506$1,209$963$763$230
21 years$1,755$1,403$1,112$874$683$191
22 years$1,658$1,310$1,025$795$612$159
23 years$1,569$1,225$946$724$549$132
24 years$1,488$1,148$875$660$494$110
25 years$1,413$1,077$810$603$444$92
26 years$1,344$1,012$752$551$400$77
27 years$1,280$953$698$505$361$64
28 years$1,221$898$649$462$326$53
29 years$1,167$847$604$424$294$44
30 years$1,115$800$562$389$266$37
31 years$1,068$756$524$357$240$31
32 years$1,023$715$489$328$217$26
33 years$981$677$457$302$197$21
34 years$942$642$427$278$178$18
35 years$905$609$399$256$161$15
36 years$870$578$373$236$146$12
37 years$837$549$349$217$132$10
38 years$806$522$327$200$120$9
39 years$777$496$306$184$109$7
40 years$749$472$287$170$99$6
41 years$723$449$269$157$90$5
42 years$698$428$253$145$81$4
43 years$674$408$237$134$74$4
44 years$651$389$223$123$67$3
45 years$629$371$209$114$61$2
46 years$609$354$196$105$55$2
47 years$589$337$184$97$50$2
48 years$570$322$173$90$46$1
49 years$552$308$163$83$41$1
50 years$535$294$153$77$38$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $548,000, adding $2,820 every year, while hoping to spend $29,799 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: 65/10/25 Blend
34$548,000$548,000$548,000$548,000
35$606,805$577,761$569,267$642,114
36$636,993$574,365$556,631$662,872
37$669,262$569,804$542,574$681,955
38$703,792$563,990$527,015$702,140
39$740,781$556,828$509,873$723,540
40$780,447$548,219$491,060$746,276
41$823,028$538,058$470,486$770,485
42$868,786$526,232$448,057$796,319
43$918,009$512,624$423,673$823,946
44$971,012$497,108$397,232$853,551
45$1,028,140$479,552$368,625$885,341
46$1,089,776$459,815$337,739$919,545
47$1,156,337$437,749$304,457$956,417
48$1,228,282$413,198$268,655$996,237
49$1,306,116$385,994$230,204$1,039,316
50$1,390,395$355,963$188,971$1,086,000
51$1,481,728$322,918$144,814$1,136,670
52$1,580,787$286,664$97,589$1,191,747
53$1,688,310$246,992$47,140$1,251,700
54$1,805,107$203,685$0$1,317,046
55$1,932,073$156,511$0$1,390,143
56$2,070,189$105,224$0$1,483,373
57$2,220,536$49,567$0$1,584,896
58$2,384,302$0$0$1,695,534
59$2,562,797$0$0$1,817,375
60$2,757,460$0$0$1,956,234
61$2,969,876$0$0$2,107,791
62$3,201,790$0$0$2,273,295
63$3,455,122$0$0$2,454,123
64$3,731,987$0$0$2,651,786
65$4,034,712$0$0$2,867,953
66$4,365,859$0$0$3,104,458
67$4,728,252$0$0$3,363,321
68$5,124,996$0$0$3,646,768
69$5,559,514$0$0$3,957,249
70$6,035,573$0$0$4,297,461
71$6,557,324$0$0$4,670,378
72$7,129,336$0$0$5,079,271
73$7,756,643$0$0$5,527,746
74$8,444,789$0$0$6,019,772
75$9,199,880$0$0$6,559,723
76$10,028,643$0$0$7,152,416
77$10,938,486$0$0$7,803,158
78$11,937,572$0$0$8,517,792
79$13,034,890$0$0$9,302,759
80$14,240,345$0$0$10,165,151
81$15,564,846$0$0$11,112,782
82$17,020,415$0$0$12,154,262
83$18,620,292$0$0$13,299,074
84$20,379,066$0$0$14,557,666
85$22,312,809$0$0$15,941,551
86$24,439,229$0$0$17,463,411
87$26,777,835$0$0$19,137,218
88$29,350,122$0$0$20,978,369
89$32,179,772$0$0$23,003,826
90$35,292,878$0$0$25,232,278
91$38,718,190$0$0$27,684,317
92$42,487,386$0$0$30,382,631
93$46,635,367$0$0$33,352,222
94$51,200,592$0$0$36,620,632
95$56,225,436$0$0$40,218,216
96$61,756,588$0$0$44,178,414
97$67,845,497$0$0$48,538,078
98$74,548,851$0$0$53,337,811
99$81,929,115$0$0$58,622,356
100$90,055,119$0$0$64,441,014