Can I retire at age 35 with 550,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $550,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.8%
1 years$45,418$45,014$44,619$44,234$43,858$42,815
2 years$22,484$22,066$21,660$21,266$20,885$19,840
3 years$14,841$14,420$14,015$13,626$13,250$12,236
4 years$11,020$10,600$10,200$9,816$9,450$8,475
5 years$8,728$8,311$7,915$7,540$7,184$6,250
6 years$7,200$6,786$6,397$6,030$5,684$4,793
7 years$6,109$5,699$5,316$4,957$4,623$3,774
8 years$5,292$4,885$4,508$4,159$3,835$3,029
9 years$4,656$4,254$3,883$3,542$3,230$2,465
10 years$4,148$3,749$3,385$3,053$2,752$2,028
11 years$3,732$3,338$2,980$2,657$2,367$1,682
12 years$3,386$2,996$2,645$2,331$2,051$1,405
13 years$3,094$2,707$2,363$2,058$1,788$1,180
14 years$2,843$2,461$2,123$1,827$1,568$995
15 years$2,626$2,248$1,917$1,629$1,380$843
16 years$2,437$2,063$1,738$1,459$1,220$715
17 years$2,270$1,900$1,582$1,311$1,082$609
18 years$2,121$1,755$1,444$1,181$962$520
19 years$1,989$1,627$1,322$1,067$857$444
20 years$1,869$1,512$1,213$967$766$380
21 years$1,762$1,408$1,116$877$685$326
22 years$1,664$1,314$1,028$798$614$279
23 years$1,575$1,229$949$726$551$240
24 years$1,493$1,152$878$663$496$206
25 years$1,418$1,081$813$605$446$177
26 years$1,349$1,016$754$553$402$153
27 years$1,285$956$700$506$362$131
28 years$1,226$901$651$464$327$113
29 years$1,171$850$606$425$295$97
30 years$1,120$803$564$390$267$84
31 years$1,072$759$526$359$241$72
32 years$1,027$718$491$330$218$62
33 years$985$680$458$303$197$54
34 years$946$644$428$279$179$46
35 years$908$611$400$257$162$40
36 years$874$580$375$236$147$35
37 years$841$551$351$218$133$30
38 years$809$524$328$201$120$26
39 years$780$498$308$185$109$22
40 years$752$474$288$171$99$19
41 years$725$451$270$158$90$17
42 years$700$429$254$145$82$14
43 years$676$409$238$134$74$12
44 years$653$390$223$124$67$11
45 years$632$372$210$114$61$9
46 years$611$355$197$106$55$8
47 years$591$339$185$98$50$7
48 years$572$323$174$90$46$6
49 years$554$309$163$83$41$5
50 years$537$295$154$77$38$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $550,000, adding $4,626 every year, while hoping to spend $30,657 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: 58/25/17 Blend
34$550,000$550,000$550,000$550,000
35$610,872$581,722$573,197$643,341
36$640,562$577,607$559,780$661,765
37$672,253$572,264$544,886$678,081
38$706,116$565,598$528,434$695,169
39$742,341$557,513$510,337$713,106
40$781,133$547,904$490,506$731,983
41$822,718$536,662$468,848$751,899
42$867,345$523,668$445,264$772,964
43$915,286$508,800$419,653$795,303
44$966,841$491,927$391,907$819,053
45$1,022,338$472,910$361,914$844,369
46$1,082,137$451,603$329,559$871,423
47$1,146,634$427,851$294,718$900,405
48$1,216,265$401,489$257,266$931,528
49$1,291,507$372,346$217,067$965,029
50$1,372,886$340,236$173,985$1,001,172
51$1,460,980$304,967$127,873$1,040,249
52$1,556,423$266,334$78,580$1,082,587
53$1,659,914$224,120$25,948$1,128,546
54$1,772,220$178,097$0$1,178,530
55$1,894,186$128,023$0$1,238,465
56$2,026,740$73,643$0$1,308,744
57$2,170,904$14,687$0$1,385,238
58$2,327,801$0$0$1,468,592
59$2,498,670$0$0$1,573,030
60$2,684,870$0$0$1,691,285
61$2,887,900$0$0$1,820,273
62$3,109,408$0$0$1,961,047
63$3,351,208$0$0$2,114,765
64$3,615,298$0$0$2,282,705
65$3,903,876$0$0$2,466,269
66$4,219,364$0$0$2,667,005
67$4,564,427$0$0$2,886,615
68$4,941,998$0$0$3,126,973
69$5,355,310$0$0$3,390,145
70$5,807,920$0$0$3,678,404
71$6,303,747$0$0$3,994,252
72$6,847,106$0$0$4,340,448
73$7,442,749$0$0$4,720,027
74$8,095,911$0$0$5,136,334
75$8,812,357$0$0$5,593,053
76$9,598,436$0$0$6,094,240
77$10,461,142$0$0$6,644,366
78$11,408,180$0$0$7,248,352
79$12,448,036$0$0$7,911,623
80$13,590,058$0$0$8,640,151
81$14,844,545$0$0$9,440,517
82$16,222,841$0$0$10,319,972
83$17,737,443$0$0$11,286,501
84$19,402,122$0$0$12,348,904
85$21,232,044$0$0$13,516,874
86$23,243,922$0$0$14,801,091
87$25,456,167$0$0$16,213,322
88$27,889,064$0$0$17,766,529
89$30,564,962$0$0$19,474,996
90$33,508,485$0$0$21,354,460
91$36,746,763$0$0$23,422,259
92$40,309,688$0$0$25,697,497
93$44,230,197$0$0$28,201,223
94$48,544,578$0$0$30,956,632
95$53,292,818$0$0$33,989,276
96$58,518,974$0$0$37,327,315
97$64,271,592$0$0$41,001,775
98$70,604,163$0$0$45,046,842
99$77,575,628$0$0$49,500,187
100$85,250,932$0$0$54,403,319