Can I retire at age 35 with 559,000?

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 $559,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.4%
1 years$46,162$45,751$45,349$44,958$44,575$43,410
2 years$22,852$22,427$22,014$21,614$21,226$20,060
3 years$15,084$14,656$14,245$13,849$13,467$12,336
4 years$11,200$10,774$10,366$9,977$9,605$8,518
5 years$8,870$8,447$8,045$7,663$7,301$6,262
6 years$7,318$6,897$6,501$6,128$5,777$4,787
7 years$6,209$5,792$5,403$5,039$4,698$3,757
8 years$5,378$4,965$4,582$4,227$3,898$3,004
9 years$4,732$4,323$3,946$3,600$3,283$2,436
10 years$4,216$3,811$3,441$3,103$2,797$1,996
11 years$3,793$3,392$3,029$2,701$2,405$1,650
12 years$3,442$3,045$2,688$2,369$2,084$1,373
13 years$3,144$2,752$2,402$2,092$1,818$1,148
14 years$2,890$2,501$2,158$1,857$1,593$964
15 years$2,669$2,285$1,948$1,656$1,403$813
16 years$2,477$2,096$1,766$1,483$1,240$687
17 years$2,307$1,931$1,607$1,332$1,099$583
18 years$2,156$1,784$1,467$1,200$978$495
19 years$2,021$1,653$1,343$1,085$871$421
20 years$1,900$1,536$1,233$982$778$359
21 years$1,790$1,431$1,134$892$696$306
22 years$1,691$1,336$1,045$811$624$261
23 years$1,600$1,249$965$738$560$223
24 years$1,517$1,171$892$673$504$191
25 years$1,441$1,099$827$615$453$163
26 years$1,371$1,032$767$562$408$140
27 years$1,306$972$712$515$368$120
28 years$1,246$916$662$472$332$103
29 years$1,190$864$616$432$300$88
30 years$1,138$816$574$397$271$76
31 years$1,089$771$535$364$245$65
32 years$1,044$730$499$335$222$56
33 years$1,001$691$466$308$201$48
34 years$961$655$435$283$182$41
35 years$923$621$407$261$164$35
36 years$888$590$381$240$149$30
37 years$854$560$356$221$135$26
38 years$823$532$334$204$122$22
39 years$793$506$313$188$111$19
40 years$764$481$293$174$101$16
41 years$737$458$275$160$91$14
42 years$712$436$258$148$83$12
43 years$687$416$242$136$75$10
44 years$664$396$227$126$68$9
45 years$642$378$213$116$62$8
46 years$621$361$200$107$56$7
47 years$601$344$188$99$51$6
48 years$582$329$177$92$46$5
49 years$563$314$166$85$42$4
50 years$546$300$156$78$38$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $559,000, adding $5,747 every year, while hoping to spend $37,996 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: 57/23/20 Blend
34$559,000$559,000$559,000$559,000
35$621,946$592,319$583,655$653,768
36$644,957$580,915$562,780$664,684
37$669,042$567,679$539,932$671,994
38$694,270$552,481$515,005$679,121
39$720,716$535,183$487,888$686,057
40$748,462$515,640$458,465$692,795
41$777,596$493,698$426,615$699,328
42$808,215$469,193$392,211$705,650
43$840,423$441,954$355,120$711,760
44$874,334$411,797$315,205$717,655
45$910,072$378,531$272,320$723,337
46$947,772$341,952$226,315$728,811
47$987,581$301,843$177,033$734,085
48$1,029,659$257,978$124,308$739,171
49$1,074,181$210,116$67,969$744,085
50$1,121,338$158,003$7,838$748,849
51$1,171,340$101,371$0$753,491
52$1,224,415$39,936$0$770,068
53$1,280,811$0$0$789,166
54$1,340,802$0$0$815,939
55$1,404,686$0$0$855,240
56$1,472,792$0$0$897,165
57$1,545,475$0$0$941,941
58$1,623,131$0$0$989,811
59$1,706,187$0$0$1,041,045
60$1,795,117$0$0$1,095,939
61$1,890,436$0$0$1,154,816
62$1,992,713$0$0$1,218,032
63$2,102,570$0$0$1,285,977
64$2,220,690$0$0$1,359,079
65$2,347,824$0$0$1,437,808
66$2,484,795$0$0$1,522,681
67$2,632,509$0$0$1,614,265
68$2,791,958$0$0$1,713,183
69$2,964,235$0$0$1,820,120
70$3,150,541$0$0$1,935,828
71$3,352,195$0$0$2,061,136
72$3,570,647$0$0$2,196,952
73$3,807,492$0$0$2,344,277
74$4,064,483$0$0$2,504,212
75$4,343,548$0$0$2,677,965
76$4,646,810$0$0$2,866,868
77$4,976,601$0$0$3,072,386
78$5,335,490$0$0$3,296,129
79$5,726,300$0$0$3,539,871
80$6,152,140$0$0$3,805,561
81$6,616,431$0$0$4,095,347
82$7,122,939$0$0$4,411,593
83$7,675,806$0$0$4,756,899
84$8,279,595$0$0$5,134,129
85$8,939,328$0$0$5,546,435
86$9,660,533$0$0$5,997,288
87$10,449,297$0$0$6,490,510
88$11,312,321$0$0$7,030,307
89$12,256,986$0$0$7,621,313
90$13,291,416$0$0$8,268,630
91$14,424,562$0$0$8,977,876
92$15,666,277$0$0$9,755,240
93$17,027,415$0$0$10,607,536
94$18,519,929$0$0$11,542,270
95$20,156,985$0$0$12,567,708
96$21,953,083$0$0$13,692,958
97$23,924,196$0$0$14,928,048
98$26,087,917$0$0$16,284,027
99$28,463,626$0$0$17,773,066
100$31,072,672$0$0$19,408,571