Can I retire at age 35 with 549,000?

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 $549,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.2%
1 years$45,336$44,932$44,538$44,154$43,778$42,668
2 years$22,444$22,026$21,620$21,228$20,847$19,735
3 years$14,814$14,394$13,990$13,601$13,226$12,148
4 years$11,000$10,581$10,181$9,799$9,433$8,397
5 years$8,712$8,296$7,901$7,526$7,171$6,180
6 years$7,187$6,774$6,385$6,019$5,674$4,729
7 years$6,098$5,689$5,306$4,948$4,614$3,715
8 years$5,282$4,876$4,500$4,151$3,828$2,974
9 years$4,648$4,246$3,876$3,536$3,224$2,415
10 years$4,140$3,742$3,379$3,048$2,747$1,982
11 years$3,726$3,332$2,975$2,653$2,362$1,640
12 years$3,380$2,990$2,640$2,327$2,047$1,366
13 years$3,088$2,702$2,359$2,054$1,785$1,144
14 years$2,838$2,456$2,119$1,823$1,565$962
15 years$2,622$2,244$1,913$1,626$1,378$812
16 years$2,432$2,059$1,735$1,456$1,218$688
17 years$2,265$1,896$1,579$1,308$1,080$584
18 years$2,117$1,752$1,441$1,179$960$497
19 years$1,985$1,624$1,319$1,065$856$423
20 years$1,866$1,509$1,211$965$764$361
21 years$1,758$1,405$1,114$876$684$308
22 years$1,661$1,312$1,026$796$613$264
23 years$1,572$1,227$948$725$550$226
24 years$1,490$1,150$876$661$495$193
25 years$1,415$1,079$812$604$445$166
26 years$1,346$1,014$753$552$401$142
27 years$1,283$954$699$505$362$122
28 years$1,224$899$650$463$326$105
29 years$1,169$848$605$425$295$90
30 years$1,118$801$563$390$266$77
31 years$1,070$757$525$358$241$66
32 years$1,025$717$490$329$218$57
33 years$983$679$458$303$197$49
34 years$944$643$427$278$178$42
35 years$907$610$400$256$162$36
36 years$872$579$374$236$146$31
37 years$839$550$350$217$133$27
38 years$808$523$328$200$120$23
39 years$778$497$307$185$109$20
40 years$751$473$288$170$99$17
41 years$724$450$270$157$90$15
42 years$699$429$253$145$81$13
43 years$675$408$238$134$74$11
44 years$652$389$223$124$67$9
45 years$631$371$209$114$61$8
46 years$610$354$197$106$55$7
47 years$590$338$185$97$50$6
48 years$571$323$174$90$46$5
49 years$553$308$163$83$41$4
50 years$536$294$153$77$38$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $549,000, adding $5,084 every year, while hoping to spend $39,408 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: 53/17/30 Blend
34$549,000$549,000$549,000$549,000
35$610,242$581,145$572,636$637,219
36$630,557$567,691$549,889$643,050
37$651,623$552,258$525,060$644,999
38$673,476$534,705$498,036$646,352
39$696,152$514,888$468,702$647,069
40$719,692$492,649$436,936$647,108
41$744,137$467,826$402,610$646,424
42$769,534$440,244$365,592$644,973
43$795,930$409,720$325,743$642,707
44$823,377$376,058$282,918$639,576
45$851,932$339,055$236,966$635,529
46$881,652$298,493$187,728$630,515
47$912,604$254,142$135,040$624,478
48$944,854$205,759$78,728$617,361
49$978,478$153,090$18,614$609,108
50$1,013,555$95,864$0$599,657
51$1,050,170$33,794$0$603,525
52$1,088,418$0$0$613,377
53$1,128,397$0$0$629,503
54$1,170,216$0$0$652,998
55$1,213,993$0$0$677,606
56$1,259,854$0$0$703,401
57$1,307,936$0$0$730,462
58$1,358,390$0$0$758,877
59$1,411,377$0$0$788,738
60$1,467,074$0$0$820,146
61$1,525,671$0$0$853,214
62$1,587,377$0$0$888,061
63$1,652,418$0$0$924,819
64$1,721,043$0$0$963,631
65$1,793,520$0$0$1,004,652
66$1,870,142$0$0$1,048,054
67$1,951,232$0$0$1,094,022
68$2,037,138$0$0$1,142,760
69$2,128,243$0$0$1,194,488
70$2,224,965$0$0$1,249,451
71$2,327,762$0$0$1,307,914
72$2,437,133$0$0$1,370,166
73$2,553,626$0$0$1,436,527
74$2,677,840$0$0$1,507,345
75$2,810,433$0$0$1,583,002
76$2,952,122$0$0$1,663,916
77$3,103,697$0$0$1,750,545
78$3,266,022$0$0$1,843,393
79$3,440,046$0$0$1,943,013
80$3,626,808$0$0$2,050,008
81$3,827,449$0$0$2,165,044
82$4,043,223$0$0$2,288,851
83$4,275,506$0$0$2,422,230
84$4,525,808$0$0$2,566,062
85$4,795,787$0$0$2,721,311
86$5,087,268$0$0$2,889,042
87$5,402,252$0$0$3,070,422
88$5,742,941$0$0$3,266,733
89$6,111,755$0$0$3,479,386
90$6,511,353$0$0$3,709,933
91$6,944,661$0$0$3,960,079
92$7,414,894$0$0$4,231,698
93$7,925,590$0$0$4,526,856
94$8,480,640$0$0$4,847,820
95$9,084,324$0$0$5,197,088
96$9,741,352$0$0$5,577,408
97$10,456,905$0$0$5,991,802
98$11,236,685$0$0$6,443,597
99$12,086,969$0$0$6,936,455
100$13,014,661$0$0$7,474,407