Can I retire at age 35 with 553,000?

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 $553,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.9%
1 years$45,666$45,259$44,863$44,475$44,097$42,857
2 years$22,607$22,186$21,778$21,382$20,999$19,759
3 years$14,922$14,499$14,092$13,700$13,322$12,122
4 years$11,080$10,658$10,255$9,870$9,502$8,349
5 years$8,775$8,356$7,958$7,581$7,223$6,122
6 years$7,239$6,823$6,432$6,063$5,715$4,667
7 years$6,143$5,730$5,345$4,984$4,648$3,652
8 years$5,321$4,912$4,533$4,181$3,856$2,912
9 years$4,681$4,277$3,904$3,562$3,247$2,354
10 years$4,171$3,770$3,404$3,070$2,767$1,923
11 years$3,753$3,356$2,997$2,672$2,380$1,584
12 years$3,405$3,012$2,659$2,344$2,062$1,314
13 years$3,111$2,722$2,376$2,069$1,798$1,095
14 years$2,859$2,474$2,135$1,837$1,576$917
15 years$2,641$2,260$1,927$1,638$1,388$770
16 years$2,450$2,074$1,747$1,467$1,227$649
17 years$2,282$1,910$1,590$1,318$1,088$548
18 years$2,133$1,765$1,452$1,188$967$464
19 years$1,999$1,636$1,329$1,073$862$393
20 years$1,879$1,520$1,220$972$770$334
21 years$1,771$1,416$1,122$882$689$283
22 years$1,673$1,322$1,034$802$618$241
23 years$1,583$1,236$955$730$554$205
24 years$1,501$1,158$883$666$498$175
25 years$1,426$1,087$818$608$448$149
26 years$1,356$1,021$758$556$404$127
27 years$1,292$961$704$509$364$108
28 years$1,233$906$655$466$329$93
29 years$1,177$854$609$428$297$79
30 years$1,126$807$567$393$268$68
31 years$1,078$763$529$361$242$58
32 years$1,033$722$494$331$219$49
33 years$990$684$461$305$198$42
34 years$951$648$431$280$180$36
35 years$913$615$403$258$163$31
36 years$878$583$377$238$147$26
37 years$845$554$353$219$134$22
38 years$814$526$330$202$121$19
39 years$784$501$309$186$110$16
40 years$756$476$290$172$100$14
41 years$729$453$272$158$90$12
42 years$704$432$255$146$82$10
43 years$680$411$239$135$74$9
44 years$657$392$225$125$68$8
45 years$635$374$211$115$61$6
46 years$614$357$198$106$56$6
47 years$594$340$186$98$51$5
48 years$575$325$175$91$46$4
49 years$557$310$164$84$42$3
50 years$540$296$155$78$38$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $553,000, adding $5,804 every year, while hoping to spend $36,198 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: 75/19/6 Blend
34$553,000$553,000$553,000$553,000
35$615,393$586,084$577,512$660,720
36$639,649$576,288$558,345$681,535
37$665,165$564,798$537,322$699,137
38$692,033$551,494$514,343$717,377
39$720,350$536,247$489,303$736,303
40$750,225$518,922$462,094$755,971
41$781,773$499,375$432,599$776,441
42$815,122$477,453$400,700$797,781
43$850,412$452,995$366,270$820,067
44$887,794$425,831$329,180$843,381
45$927,434$395,782$289,293$867,818
46$969,513$362,657$246,465$893,479
47$1,014,230$326,254$200,548$920,480
48$1,061,802$286,360$151,387$948,949
49$1,112,466$242,752$98,819$979,026
50$1,166,482$195,191$42,674$1,010,868
51$1,224,134$143,427$0$1,044,651
52$1,285,736$87,195$0$1,081,672
53$1,351,628$26,215$0$1,124,030
54$1,422,186$0$0$1,169,239
55$1,497,820$0$0$1,225,902
56$1,578,982$0$0$1,292,603
57$1,666,167$0$0$1,364,270
58$1,759,917$0$0$1,441,351
59$1,860,830$0$0$1,524,339
60$1,969,560$0$0$1,613,775
61$2,086,827$0$0$1,710,253
62$2,213,421$0$0$1,814,426
63$2,350,210$0$0$1,927,010
64$2,498,148$0$0$2,048,795
65$2,658,285$0$0$2,180,647
66$2,831,774$0$0$2,323,518
67$3,019,883$0$0$2,478,456
68$3,224,005$0$0$2,646,613
69$3,445,675$0$0$2,829,255
70$3,686,580$0$0$3,027,777
71$3,948,574$0$0$3,243,711
72$4,233,699$0$0$3,478,744
73$4,544,202$0$0$3,734,731
74$4,882,554$0$0$4,013,716
75$5,251,475$0$0$4,317,945
76$5,653,960$0$0$4,649,893
77$6,093,303$0$0$5,012,283
78$6,573,133$0$0$5,408,112
79$7,097,442$0$0$5,840,679
80$7,670,627$0$0$6,313,617
81$8,297,528$0$0$6,830,927
82$8,983,475$0$0$7,397,012
83$9,734,335$0$0$8,016,722
84$10,556,572$0$0$8,695,396
85$11,457,300$0$0$9,438,916
86$12,444,358$0$0$10,253,757
87$13,526,376$0$0$11,147,052
88$14,712,859$0$0$12,126,656
89$16,014,277$0$0$13,201,223
90$17,442,163$0$0$14,380,281
91$19,009,217$0$0$15,674,328
92$20,729,431$0$0$17,094,926
93$22,618,218$0$0$18,654,812
94$24,692,553$0$0$20,368,018
95$26,971,140$0$0$22,249,998
96$29,474,582$0$0$24,317,780
97$32,225,574$0$0$26,590,122
98$35,249,122$0$0$29,087,689
99$38,572,773$0$0$31,833,247
100$42,226,876$0$0$34,851,878