Can I retire at age 35 with 557,000?

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 $557,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.7%
1 years$45,997$45,587$45,187$44,797$44,416$42,687
2 years$22,771$22,346$21,935$21,537$21,150$19,430
3 years$15,030$14,604$14,194$13,799$13,419$11,760
4 years$11,160$10,735$10,329$9,941$9,570$7,987
5 years$8,839$8,417$8,016$7,636$7,275$5,770
6 years$7,292$6,873$6,478$6,107$5,757$4,331
7 years$6,187$5,772$5,383$5,021$4,682$3,336
8 years$5,359$4,947$4,566$4,212$3,884$2,616
9 years$4,715$4,308$3,932$3,587$3,271$2,079
10 years$4,201$3,797$3,428$3,092$2,787$1,669
11 years$3,780$3,380$3,018$2,691$2,397$1,350
12 years$3,429$3,034$2,679$2,361$2,077$1,099
13 years$3,133$2,742$2,393$2,084$1,811$899
14 years$2,879$2,492$2,150$1,850$1,588$738
15 years$2,660$2,277$1,941$1,650$1,398$608
16 years$2,468$2,089$1,760$1,477$1,236$502
17 years$2,298$1,924$1,602$1,327$1,095$415
18 years$2,148$1,778$1,462$1,196$974$344
19 years$2,014$1,647$1,338$1,081$868$285
20 years$1,893$1,531$1,228$979$775$237
21 years$1,784$1,426$1,130$888$694$197
22 years$1,685$1,331$1,041$808$622$164
23 years$1,595$1,245$962$736$558$137
24 years$1,512$1,166$889$671$502$114
25 years$1,436$1,095$824$613$452$95
26 years$1,366$1,029$764$560$407$79
27 years$1,301$968$709$513$367$66
28 years$1,241$912$659$470$331$55
29 years$1,186$861$614$431$299$46
30 years$1,134$813$572$395$270$38
31 years$1,085$768$533$363$244$32
32 years$1,040$727$497$334$221$27
33 years$998$689$464$307$200$22
34 years$958$653$434$282$181$19
35 years$920$619$406$260$164$16
36 years$885$587$379$239$148$13
37 years$851$558$355$221$135$11
38 years$820$530$332$203$122$9
39 years$790$504$312$187$111$8
40 years$762$480$292$173$100$6
41 years$735$457$274$160$91$5
42 years$709$435$257$147$83$4
43 years$685$414$241$136$75$4
44 years$662$395$226$125$68$3
45 years$640$377$212$116$62$3
46 years$619$359$199$107$56$2
47 years$599$343$187$99$51$2
48 years$580$327$176$91$46$2
49 years$561$313$166$84$42$1
50 years$544$299$156$78$38$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $557,000, adding $2,486 every year, while hoping to spend $43,795 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: 35/35/30 Blend
34$557,000$557,000$557,000$557,000
35$616,378$586,857$578,224$632,319
36$632,651$569,016$550,997$626,695
37$649,116$548,832$521,390$616,548
38$665,747$526,146$489,277$604,772
39$682,512$500,785$454,527$591,251
40$699,376$472,572$417,001$575,863
41$716,299$441,314$376,557$558,479
42$733,233$406,811$333,044$538,959
43$750,127$368,848$286,305$517,157
44$766,920$327,202$236,176$492,916
45$783,546$281,635$182,487$466,071
46$799,926$231,894$125,060$436,443
47$815,976$177,714$63,706$403,844
48$831,598$118,814$0$368,075
49$846,684$54,899$0$329,487
50$861,112$0$0$309,086
51$874,746$0$0$291,809
52$887,433$0$0$295,266
53$899,003$0$0$298,248
54$909,267$0$0$300,679
55$918,013$0$0$302,476
56$925,004$0$0$303,547
57$929,979$0$0$303,790
58$932,647$0$0$303,089
59$932,682$0$0$301,319
60$929,726$0$0$298,339
61$923,378$0$0$293,992
62$913,195$0$0$288,107
63$898,687$0$0$280,491
64$879,307$0$0$270,933
65$854,453$0$0$259,198
66$823,456$0$0$245,026
67$785,575$0$0$228,129
68$739,991$0$0$208,189
69$685,797$0$0$184,854
70$621,992$0$0$157,735
71$547,464$0$0$126,402
72$460,989$0$0$90,378
73$361,210$0$0$49,140
74$246,630$0$0$2,106
75$115,593$0$0$0
76$0$0$0$0
77$0$0$0$0
78$0$0$0$0
79$0$0$0$0
80$0$0$0$0
81$0$0$0$0
82$0$0$0$0
83$0$0$0$0
84$0$0$0$0
85$0$0$0$0
86$0$0$0$0
87$0$0$0$0
88$0$0$0$0
89$0$0$0$0
90$0$0$0$0
91$0$0$0$0
92$0$0$0$0
93$0$0$0$0
94$0$0$0$0
95$0$0$0$0
96$0$0$0$0
97$0$0$0$0
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0