Can I retire at age 35 with 551,000?

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 $551,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.2%
1 years$45,501$45,096$44,700$44,314$43,938$43,533
2 years$22,525$22,106$21,699$21,305$20,923$20,515
3 years$14,868$14,446$14,041$13,650$13,274$12,876
4 years$11,040$10,620$10,218$9,834$9,467$9,082
5 years$8,743$8,326$7,930$7,554$7,197$6,825
6 years$7,213$6,799$6,408$6,041$5,695$5,337
7 years$6,120$5,710$5,325$4,966$4,631$4,288
8 years$5,301$4,894$4,516$4,166$3,842$3,514
9 years$4,665$4,261$3,890$3,549$3,236$2,921
10 years$4,155$3,756$3,391$3,059$2,757$2,457
11 years$3,739$3,344$2,986$2,662$2,371$2,085
12 years$3,393$3,001$2,650$2,335$2,055$1,782
13 years$3,099$2,712$2,367$2,062$1,792$1,532
14 years$2,848$2,465$2,127$1,830$1,571$1,324
15 years$2,631$2,252$1,920$1,632$1,383$1,149
16 years$2,441$2,066$1,741$1,461$1,222$1,001
17 years$2,274$1,903$1,584$1,313$1,084$874
18 years$2,125$1,758$1,446$1,183$964$765
19 years$1,992$1,630$1,324$1,069$859$671
20 years$1,873$1,514$1,215$968$767$590
21 years$1,765$1,411$1,118$879$686$520
22 years$1,667$1,317$1,030$799$615$458
23 years$1,577$1,232$951$728$552$405
24 years$1,496$1,154$880$664$496$358
25 years$1,421$1,083$815$606$447$317
26 years$1,351$1,018$756$554$402$280
27 years$1,287$958$702$507$363$248
28 years$1,228$903$652$465$327$220
29 years$1,173$851$607$426$296$195
30 years$1,122$804$565$391$267$174
31 years$1,074$760$527$359$241$154
32 years$1,029$719$492$330$218$137
33 years$987$681$459$304$198$122
34 years$947$646$429$279$179$108
35 years$910$612$401$257$162$96
36 years$875$581$375$237$147$86
37 years$842$552$351$218$133$76
38 years$811$525$329$201$121$68
39 years$781$499$308$185$109$60
40 years$753$475$289$171$99$54
41 years$727$452$271$158$90$48
42 years$702$430$254$146$82$43
43 years$678$410$238$134$74$38
44 years$655$391$224$124$67$34
45 years$633$373$210$115$61$30
46 years$612$355$197$106$55$27
47 years$592$339$185$98$50$24
48 years$573$324$174$90$46$21
49 years$555$309$164$84$42$19
50 years$538$295$154$77$38$17

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $551,000, adding $4,018 every year, while hoping to spend $38,892 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: 57/31/12 Blend
34$551,000$551,000$551,000$551,000
35$611,347$582,144$573,603$644,136
36$632,323$569,288$551,438$653,904
37$654,136$554,499$527,227$659,895
38$676,829$537,640$500,860$665,501
39$700,450$518,569$472,223$670,692
40$725,049$497,132$441,196$675,436
41$750,682$473,170$407,654$679,699
42$777,408$446,511$371,467$683,446
43$805,289$416,976$332,497$686,644
44$834,395$384,374$290,601$689,254
45$864,799$348,504$245,632$691,239
46$896,580$309,153$197,433$692,562
47$929,827$266,097$145,842$693,183
48$964,631$219,097$90,690$693,062
49$1,001,093$167,903$31,798$692,161
50$1,039,324$112,250$0$690,438
51$1,079,443$51,857$0$691,829
52$1,121,577$0$0$696,923
53$1,165,869$0$0$706,258
54$1,212,470$0$0$734,709
55$1,261,546$0$0$764,688
56$1,313,278$0$0$796,310
57$1,367,863$0$0$829,695
58$1,425,516$0$0$864,980
59$1,486,470$0$0$902,308
60$1,550,982$0$0$941,841
61$1,619,329$0$0$983,753
62$1,691,818$0$0$1,028,234
63$1,768,782$0$0$1,075,492
64$1,850,584$0$0$1,125,755
65$1,937,623$0$0$1,179,273
66$2,030,336$0$0$1,236,318
67$2,129,201$0$0$1,297,190
68$2,234,741$0$0$1,362,217
69$2,347,530$0$0$1,431,756
70$2,468,195$0$0$1,506,202
71$2,597,427$0$0$1,585,986
72$2,735,981$0$0$1,671,582
73$2,884,686$0$0$1,763,509
74$3,044,453$0$0$1,862,338
75$3,216,280$0$0$1,968,694
76$3,401,264$0$0$2,083,266
77$3,600,610$0$0$2,206,807
78$3,815,640$0$0$2,340,147
79$4,047,807$0$0$2,484,197
80$4,298,710$0$0$2,639,960
81$4,570,102$0$0$2,808,535
82$4,863,914$0$0$2,991,133
83$5,182,265$0$0$3,189,083
84$5,527,489$0$0$3,403,850
85$5,902,150$0$0$3,637,041
86$6,309,067$0$0$3,890,427
87$6,751,345$0$0$4,165,954
88$7,232,396$0$0$4,465,764
89$7,755,975$0$0$4,792,214
90$8,326,214$0$0$5,147,895
91$8,947,661$0$0$5,535,663
92$9,625,318$0$0$5,958,658
93$10,364,693$0$0$6,420,337
94$11,171,849$0$0$6,924,504
95$12,053,459$0$0$7,475,350
96$13,016,868$0$0$8,077,484
97$14,070,165$0$0$8,735,986
98$15,222,253$0$0$9,456,444
99$16,482,938$0$0$10,245,015
100$17,863,015$0$0$11,108,477