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%11.2%
1 years$45,336$44,932$44,538$44,154$43,778$43,557
2 years$22,444$22,026$21,620$21,228$20,847$20,624
3 years$14,814$14,394$13,990$13,601$13,226$13,008
4 years$11,000$10,581$10,181$9,799$9,433$9,221
5 years$8,712$8,296$7,901$7,526$7,171$6,966
6 years$7,187$6,774$6,385$6,019$5,674$5,477
7 years$6,098$5,689$5,306$4,948$4,614$4,425
8 years$5,282$4,876$4,500$4,151$3,828$3,646
9 years$4,648$4,246$3,876$3,536$3,224$3,049
10 years$4,140$3,742$3,379$3,048$2,747$2,580
11 years$3,726$3,332$2,975$2,653$2,362$2,203
12 years$3,380$2,990$2,640$2,327$2,047$1,895
13 years$3,088$2,702$2,359$2,054$1,785$1,640
14 years$2,838$2,456$2,119$1,823$1,565$1,426
15 years$2,622$2,244$1,913$1,626$1,378$1,246
16 years$2,432$2,059$1,735$1,456$1,218$1,092
17 years$2,265$1,896$1,579$1,308$1,080$961
18 years$2,117$1,752$1,441$1,179$960$847
19 years$1,985$1,624$1,319$1,065$856$749
20 years$1,866$1,509$1,211$965$764$663
21 years$1,758$1,405$1,114$876$684$588
22 years$1,661$1,312$1,026$796$613$523
23 years$1,572$1,227$948$725$550$465
24 years$1,490$1,150$876$661$495$414
25 years$1,415$1,079$812$604$445$369
26 years$1,346$1,014$753$552$401$330
27 years$1,283$954$699$505$362$294
28 years$1,224$899$650$463$326$263
29 years$1,169$848$605$425$295$235
30 years$1,118$801$563$390$266$211
31 years$1,070$757$525$358$241$189
32 years$1,025$717$490$329$218$169
33 years$983$679$458$303$197$151
34 years$944$643$427$278$178$136
35 years$907$610$400$256$162$122
36 years$872$579$374$236$146$109
37 years$839$550$350$217$133$98
38 years$808$523$328$200$120$88
39 years$778$497$307$185$109$79
40 years$751$473$288$170$99$71
41 years$724$450$270$157$90$64
42 years$699$429$253$145$81$57
43 years$675$408$238$134$74$51
44 years$652$389$223$124$67$46
45 years$631$371$209$114$61$41
46 years$610$354$197$106$55$37
47 years$590$338$185$97$50$33
48 years$571$323$174$90$46$30
49 years$553$308$163$83$41$27
50 years$536$294$153$77$38$24

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $549,000, adding $2,950 every year, while hoping to spend $28,418 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: 52/20/28 Blend
34$549,000$549,000$549,000$549,000
35$608,041$578,944$570,434$634,747
36$639,825$577,076$559,307$651,752
37$673,898$574,163$546,855$667,131
38$710,464$570,126$533,003$683,301
39$749,746$564,877$517,674$700,347
40$791,990$558,326$500,786$718,369
41$837,465$550,376$482,254$737,474
42$886,466$540,923$461,989$757,787
43$939,317$529,861$439,898$779,442
44$996,376$517,073$415,883$802,592
45$1,058,035$502,437$389,843$827,407
46$1,124,723$485,826$361,672$854,076
47$1,196,915$467,101$331,258$882,809
48$1,275,131$446,120$298,486$913,841
49$1,359,943$422,728$263,234$947,433
50$1,451,981$396,765$225,375$983,874
51$1,551,935$368,060$184,778$1,023,488
52$1,660,569$336,431$141,304$1,066,633
53$1,778,719$301,688$94,810$1,113,707
54$1,907,306$263,629$45,144$1,165,152
55$2,047,345$222,040$0$1,221,460
56$2,199,951$176,697$0$1,285,521
57$2,366,352$127,360$0$1,370,140
58$2,547,898$73,780$0$1,462,536
59$2,746,079$15,689$0$1,563,505
60$2,962,529$0$0$1,673,925
61$3,199,053$0$0$1,805,154
62$3,457,634$0$0$1,952,448
63$3,740,457$0$0$2,113,606
64$4,049,928$0$0$2,290,006
65$4,388,695$0$0$2,483,163
66$4,759,674$0$0$2,694,750
67$5,166,079$0$0$2,926,605
68$5,611,446$0$0$3,180,754
69$6,099,671$0$0$3,459,430
70$6,635,044$0$0$3,765,088
71$7,222,291$0$0$4,100,437
72$7,866,617$0$0$4,468,458
73$8,573,756$0$0$4,872,435
74$9,350,022$0$0$5,315,985
75$10,202,373$0$0$5,803,094
76$11,138,470$0$0$6,338,153
77$12,166,756$0$0$6,925,996
78$13,296,531$0$0$7,571,951
79$14,538,039$0$0$8,281,889
80$15,902,566$0$0$9,062,274
81$17,402,547$0$0$9,920,232
82$19,051,680$0$0$10,863,609
83$20,865,059$0$0$11,901,054
84$22,859,310$0$0$13,042,093
85$25,052,754$0$0$14,297,222
86$27,465,576$0$0$15,678,007
87$30,120,016$0$0$17,197,190
88$33,040,576$0$0$18,868,810
89$36,254,256$0$0$20,708,337
90$39,790,802$0$0$22,732,815
91$43,682,993$0$0$24,961,025
92$47,966,943$0$0$27,413,661
93$52,682,446$0$0$30,113,524
94$57,873,352$0$0$33,085,739
95$63,587,975$0$0$36,357,989
96$69,879,553$0$0$39,960,780
97$76,806,749$0$0$43,927,726
98$84,434,202$0$0$48,295,865
99$92,833,140$0$0$53,106,011
100$102,082,050$0$0$58,403,136