Can I retire at age 35 with 558,000?

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 $558,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.5%
1 years$46,079$45,669$45,268$44,877$44,496$42,798
2 years$22,811$22,387$21,975$21,576$21,188$19,498
3 years$15,057$14,630$14,219$13,824$13,443$11,813
4 years$11,180$10,755$10,348$9,959$9,588$8,030
5 years$8,854$8,432$8,030$7,650$7,288$5,808
6 years$7,305$6,885$6,490$6,117$5,767$4,365
7 years$6,198$5,782$5,393$5,030$4,690$3,365
8 years$5,369$4,956$4,574$4,219$3,891$2,642
9 years$4,724$4,315$3,939$3,594$3,277$2,102
10 years$4,208$3,804$3,434$3,098$2,792$1,690
11 years$3,787$3,386$3,024$2,696$2,401$1,369
12 years$3,436$3,039$2,683$2,365$2,081$1,116
13 years$3,139$2,747$2,397$2,088$1,814$914
14 years$2,885$2,497$2,154$1,853$1,591$751
15 years$2,665$2,281$1,945$1,653$1,400$619
16 years$2,472$2,093$1,763$1,480$1,238$512
17 years$2,303$1,927$1,605$1,330$1,097$424
18 years$2,152$1,781$1,465$1,198$976$352
19 years$2,017$1,650$1,341$1,083$870$293
20 years$1,896$1,534$1,231$981$777$244
21 years$1,787$1,429$1,132$890$695$203
22 years$1,688$1,333$1,043$809$623$169
23 years$1,597$1,247$963$737$559$141
24 years$1,515$1,169$891$672$503$118
25 years$1,439$1,097$825$614$452$98
26 years$1,369$1,031$765$561$408$82
27 years$1,304$970$711$514$367$69
28 years$1,244$914$661$471$332$57
29 years$1,188$862$615$432$299$48
30 years$1,136$814$573$396$271$40
31 years$1,087$770$534$364$245$33
32 years$1,042$728$498$334$221$28
33 years$999$690$465$307$200$23
34 years$959$654$435$283$181$20
35 years$922$620$406$260$164$16
36 years$886$589$380$240$149$14
37 years$853$559$356$221$135$11
38 years$821$531$333$204$122$10
39 years$791$505$312$188$111$8
40 years$763$481$293$173$101$7
41 years$736$457$274$160$91$6
42 years$710$436$257$148$83$5
43 years$686$415$241$136$75$4
44 years$663$396$227$126$68$3
45 years$641$377$213$116$62$3
46 years$620$360$200$107$56$2
47 years$600$344$188$99$51$2
48 years$581$328$176$92$46$2
49 years$562$313$166$85$42$1
50 years$545$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 $558,000, adding $4,904 every year, while hoping to spend $25,960 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: 61/22/17 Blend
34$558,000$558,000$558,000$558,000
35$619,974$590,400$581,751$654,825
36$655,591$591,709$573,619$680,211
37$693,970$592,211$564,344$704,565
38$735,366$591,841$553,861$730,536
39$780,058$590,527$542,100$758,283
40$828,355$588,193$528,991$787,982
41$880,593$584,760$514,458$819,829
42$937,143$580,143$498,422$854,040
43$998,413$574,251$480,801$890,854
44$1,064,852$566,990$461,508$930,535
45$1,136,952$558,258$440,454$973,376
46$1,215,256$547,948$417,544$1,019,699
47$1,300,361$535,946$392,681$1,069,864
48$1,392,923$522,132$365,761$1,124,264
49$1,493,663$506,379$336,676$1,183,338
50$1,603,378$488,553$305,315$1,247,569
51$1,722,939$468,509$271,561$1,317,490
52$1,853,311$446,098$235,290$1,393,693
53$1,995,552$421,159$196,375$1,476,830
54$2,150,827$393,525$154,682$1,567,622
55$2,320,419$363,016$110,072$1,666,866
56$2,505,741$329,443$62,399$1,775,443
57$2,708,349$292,608$11,511$1,894,326
58$2,929,954$252,298$0$2,024,588
59$3,172,440$208,293$0$2,175,180
60$3,437,885$160,355$0$2,342,382
61$3,728,574$108,237$0$2,525,583
62$4,047,024$51,676$0$2,726,415
63$4,396,007$0$0$2,946,677
64$4,778,576$0$0$3,190,679
65$5,198,094$0$0$3,472,007
66$5,658,263$0$0$3,780,642
67$6,163,164$0$0$4,119,323
68$6,717,290$0$0$4,491,071
69$7,325,588$0$0$4,899,212
70$7,993,512$0$0$5,347,410
71$8,727,067$0$0$5,839,702
72$9,532,868$0$0$6,380,533
73$10,418,203$0$0$6,974,802
74$11,391,102$0$0$7,627,906
75$12,460,409$0$0$8,345,788
76$13,635,868$0$0$9,135,000
77$14,928,217$0$0$10,002,756
78$16,349,281$0$0$10,957,007
79$17,912,094$0$0$12,006,512
80$19,631,012$0$0$13,160,920
81$21,521,853$0$0$14,430,866
82$23,602,048$0$0$15,828,063
83$25,890,799$0$0$17,365,419
84$28,409,264$0$0$19,057,157
85$31,180,758$0$0$20,918,947
86$34,230,967$0$0$22,968,055
87$37,588,196$0$0$25,223,506
88$41,283,630$0$0$27,706,264
89$45,351,634$0$0$30,439,427
90$49,830,072$0$0$33,448,447
91$54,760,667$0$0$36,761,369
92$60,189,392$0$0$40,409,097
93$66,166,906$0$0$44,425,681
94$72,749,029$0$0$48,848,646
95$79,997,272$0$0$53,719,336
96$87,979,413$0$0$59,083,313
97$96,770,138$0$0$64,990,781
98$106,451,747$0$0$71,497,061
99$117,114,928$0$0$78,663,114
100$128,859,614$0$0$86,556,114