Can I retire at age 35 with 554,000?

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 $554,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.1%
1 years$45,749$45,341$44,944$44,556$44,177$43,972
2 years$22,648$22,226$21,817$21,421$21,037$20,830
3 years$14,949$14,525$14,117$13,725$13,346$13,144
4 years$11,100$10,677$10,274$9,888$9,519$9,323
5 years$8,791$8,371$7,973$7,595$7,236$7,047
6 years$7,252$6,836$6,443$6,074$5,726$5,543
7 years$6,154$5,741$5,354$4,993$4,656$4,481
8 years$5,330$4,921$4,541$4,189$3,863$3,694
9 years$4,690$4,284$3,911$3,568$3,253$3,091
10 years$4,178$3,777$3,410$3,076$2,772$2,617
11 years$3,760$3,362$3,002$2,677$2,384$2,236
12 years$3,411$3,018$2,664$2,348$2,066$1,924
13 years$3,116$2,727$2,380$2,073$1,801$1,666
14 years$2,864$2,479$2,139$1,840$1,579$1,450
15 years$2,645$2,264$1,931$1,641$1,390$1,268
16 years$2,454$2,078$1,751$1,469$1,229$1,112
17 years$2,286$1,913$1,593$1,320$1,090$979
18 years$2,137$1,768$1,454$1,190$969$864
19 years$2,003$1,639$1,331$1,075$864$764
20 years$1,883$1,523$1,222$974$771$677
21 years$1,774$1,418$1,124$884$690$601
22 years$1,676$1,324$1,036$803$619$534
23 years$1,586$1,238$956$732$555$476
24 years$1,504$1,160$884$667$499$424
25 years$1,428$1,089$819$609$449$379
26 years$1,359$1,023$760$557$405$338
27 years$1,294$963$705$510$365$302
28 years$1,235$907$656$467$329$270
29 years$1,179$856$610$429$297$242
30 years$1,128$808$568$393$269$217
31 years$1,080$764$530$361$243$194
32 years$1,034$723$494$332$220$174
33 years$992$685$462$305$199$156
34 years$952$649$431$281$180$140
35 years$915$616$403$259$163$126
36 years$880$584$377$238$148$113
37 years$847$555$353$219$134$101
38 years$815$527$331$202$121$91
39 years$786$502$310$186$110$82
40 years$757$477$290$172$100$74
41 years$731$454$272$159$91$66
42 years$705$433$255$146$82$59
43 years$681$412$240$135$75$53
44 years$658$393$225$125$68$48
45 years$636$375$211$115$61$43
46 years$615$357$198$106$56$39
47 years$596$341$186$98$51$35
48 years$577$326$175$91$46$31
49 years$558$311$165$84$42$28
50 years$541$297$155$78$38$25

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $554,000, adding $2,293 every year, while hoping to spend $36,457 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: 52/29/19 Blend
34$554,000$554,000$554,000$554,000
35$612,873$583,511$574,924$641,432
36$636,596$573,313$555,394$651,118
37$661,517$561,394$533,988$657,660
38$687,720$547,630$510,604$663,989
39$715,295$531,891$485,137$670,097
40$744,342$514,041$457,476$675,979
41$774,968$493,932$427,505$681,628
42$807,291$471,411$395,103$687,042
43$841,440$446,315$360,144$692,220
44$877,553$418,471$322,495$697,163
45$915,784$387,697$282,019$701,876
46$956,300$353,800$238,572$706,369
47$999,281$316,575$192,004$710,653
48$1,044,929$275,808$142,156$714,747
49$1,093,459$231,270$88,866$718,674
50$1,145,111$182,721$31,962$722,465
51$1,200,145$129,908$0$726,155
52$1,258,847$72,560$0$735,622
53$1,321,530$10,396$0$752,385
54$1,388,536$0$0$770,060
55$1,460,241$0$0$806,921
56$1,537,057$0$0$850,000
57$1,619,437$0$0$896,237
58$1,707,876$0$0$945,915
59$1,802,919$0$0$999,346
60$1,905,162$0$0$1,056,871
61$2,015,261$0$0$1,118,864
62$2,133,938$0$0$1,185,738
63$2,261,983$0$0$1,257,944
64$2,400,266$0$0$1,335,980
65$2,549,741$0$0$1,420,393
66$2,711,460$0$0$1,511,781
67$2,886,576$0$0$1,610,807
68$3,076,358$0$0$1,718,195
69$3,282,201$0$0$1,834,744
70$3,505,640$0$0$1,961,332
71$3,748,362$0$0$2,098,924
72$4,012,224$0$0$2,248,582
73$4,299,268$0$0$2,411,477
74$4,611,741$0$0$2,588,893
75$4,952,116$0$0$2,782,246
76$5,323,113$0$0$2,993,093
77$5,727,727$0$0$3,223,150
78$6,169,255$0$0$3,474,302
79$6,651,322$0$0$3,748,627
80$7,177,924$0$0$4,048,411
81$7,753,457$0$0$4,376,173
82$8,382,761$0$0$4,734,682
83$9,071,165$0$0$5,126,993
84$9,824,537$0$0$5,556,464
85$10,649,338$0$0$6,026,796
86$11,552,685$0$0$6,542,065
87$12,542,411$0$0$7,106,759
88$13,627,148$0$0$7,725,819
89$14,816,398$0$0$8,404,689
90$16,120,628$0$0$9,149,366
91$17,551,369$0$0$9,966,453
92$19,121,318$0$0$10,863,225
93$20,844,462$0$0$11,847,693
94$22,736,210$0$0$12,928,683
95$24,813,532$0$0$14,115,920
96$27,095,126$0$0$15,420,113
97$29,601,586$0$0$16,853,061
98$32,355,602$0$0$18,427,762
99$35,382,170$0$0$20,158,538
100$38,708,825$0$0$22,061,164