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%17.2%
1 years$46,079$45,669$45,268$44,877$44,496$43,193
2 years$22,811$22,387$21,975$21,576$21,188$19,886
3 years$15,057$14,630$14,219$13,824$13,443$12,182
4 years$11,180$10,755$10,348$9,959$9,588$8,378
5 years$8,854$8,432$8,030$7,650$7,288$6,133
6 years$7,305$6,885$6,490$6,117$5,767$4,668
7 years$6,198$5,782$5,393$5,030$4,690$3,646
8 years$5,369$4,956$4,574$4,219$3,891$2,902
9 years$4,724$4,315$3,939$3,594$3,277$2,342
10 years$4,208$3,804$3,434$3,098$2,792$1,910
11 years$3,787$3,386$3,024$2,696$2,401$1,570
12 years$3,436$3,039$2,683$2,365$2,081$1,300
13 years$3,139$2,747$2,397$2,088$1,814$1,081
14 years$2,885$2,497$2,154$1,853$1,591$903
15 years$2,665$2,281$1,945$1,653$1,400$757
16 years$2,472$2,093$1,763$1,480$1,238$636
17 years$2,303$1,927$1,605$1,330$1,097$536
18 years$2,152$1,781$1,465$1,198$976$453
19 years$2,017$1,650$1,341$1,083$870$383
20 years$1,896$1,534$1,231$981$777$324
21 years$1,787$1,429$1,132$890$695$275
22 years$1,688$1,333$1,043$809$623$233
23 years$1,597$1,247$963$737$559$198
24 years$1,515$1,169$891$672$503$168
25 years$1,439$1,097$825$614$452$143
26 years$1,369$1,031$765$561$408$122
27 years$1,304$970$711$514$367$104
28 years$1,244$914$661$471$332$88
29 years$1,188$862$615$432$299$75
30 years$1,136$814$573$396$271$64
31 years$1,087$770$534$364$245$55
32 years$1,042$728$498$334$221$47
33 years$999$690$465$307$200$40
34 years$959$654$435$283$181$34
35 years$922$620$406$260$164$29
36 years$886$589$380$240$149$25
37 years$853$559$356$221$135$21
38 years$821$531$333$204$122$18
39 years$791$505$312$188$111$15
40 years$763$481$293$173$101$13
41 years$736$457$274$160$91$11
42 years$710$436$257$148$83$9
43 years$686$415$241$136$75$8
44 years$663$396$227$126$68$7
45 years$641$377$213$116$62$6
46 years$620$360$200$107$56$5
47 years$600$344$188$99$51$4
48 years$581$328$176$92$46$4
49 years$562$313$166$85$42$3
50 years$545$299$156$78$38$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $558,000, adding $3,107 every year, while hoping to spend $26,722 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: 29/45/26 Blend
34$558,000$558,000$558,000$558,000
35$618,121$588,547$579,898$630,994
36$652,737$588,954$570,892$641,737
37$689,989$588,485$560,690$650,733
38$730,116$587,069$549,221$659,863
39$773,384$584,631$536,416$669,156
40$820,082$581,091$522,199$678,648
41$870,529$576,363$506,491$688,378
42$925,076$570,358$489,212$698,396
43$984,108$562,980$470,274$708,755
44$1,048,048$554,127$449,590$719,519
45$1,117,362$543,693$427,065$730,761
46$1,192,563$531,563$402,601$742,566
47$1,274,213$517,618$376,097$755,029
48$1,362,931$501,730$347,445$768,258
49$1,459,399$483,764$316,533$782,379
50$1,564,367$463,578$283,246$797,532
51$1,678,659$441,019$247,461$813,876
52$1,803,182$415,929$209,051$831,592
53$1,938,936$388,139$167,883$850,885
54$2,087,019$357,470$123,819$871,983
55$2,248,642$323,732$76,714$895,145
56$2,425,135$286,727$26,416$920,663
57$2,617,966$246,244$0$948,862
58$2,828,747$202,059$0$987,672
59$3,059,256$153,937$0$1,038,253
60$3,311,450$101,629$0$1,093,776
61$3,587,482$44,873$0$1,154,806
62$3,889,724$0$0$1,221,969
63$4,220,790$0$0$1,304,186
64$4,583,555$0$0$1,418,710
65$4,981,187$0$0$1,544,333
66$5,417,177$0$0$1,682,169
67$5,895,366$0$0$1,833,443
68$6,419,989$0$0$1,999,508
69$6,995,706$0$0$2,181,852
70$7,627,655$0$0$2,382,115
71$8,321,492$0$0$2,602,102
72$9,083,448$0$0$2,843,803
73$9,920,388$0$0$3,109,412
74$10,839,875$0$0$3,401,341
75$11,850,239$0$0$3,722,253
76$12,960,658$0$0$4,075,078
77$14,181,244$0$0$4,463,046
78$15,523,134$0$0$4,889,714
79$16,998,603$0$0$5,359,003
80$18,621,172$0$0$5,875,231
81$20,405,736$0$0$6,443,156
82$22,368,710$0$0$7,068,023
83$24,528,178$0$0$7,755,608
84$26,904,063$0$0$8,512,276
85$29,518,321$0$0$9,345,040
86$32,395,139$0$0$10,261,628
87$35,561,170$0$0$11,270,555
88$39,045,780$0$0$12,381,203
89$42,881,328$0$0$13,603,910
90$47,103,467$0$0$14,950,068
91$51,751,485$0$0$16,432,229
92$56,868,669$0$0$18,064,224
93$62,502,720$0$0$19,861,293
94$68,706,197$0$0$21,840,230
95$75,537,018$0$0$24,019,542
96$83,059,000$0$0$26,419,619
97$91,342,466$0$0$29,062,931
98$100,464,906$0$0$31,974,239
99$110,511,709$0$0$35,180,828
100$121,576,966$0$0$38,712,763