Can I retire at age 35 with 560,000?

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 $560,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.7%
1 years$46,244$45,832$45,430$45,038$44,655$43,088
2 years$22,893$22,467$22,054$21,653$21,264$19,702
3 years$15,111$14,682$14,270$13,873$13,491$11,982
4 years$11,220$10,793$10,385$9,995$9,622$8,179
5 years$8,886$8,462$8,059$7,677$7,314$5,940
6 years$7,331$6,910$6,513$6,139$5,788$4,484
7 years$6,220$5,803$5,412$5,048$4,707$3,473
8 years$5,388$4,974$4,590$4,234$3,905$2,740
9 years$4,741$4,331$3,953$3,607$3,288$2,191
10 years$4,223$3,817$3,447$3,109$2,802$1,770
11 years$3,800$3,398$3,034$2,706$2,410$1,441
12 years$3,448$3,050$2,693$2,373$2,088$1,181
13 years$3,150$2,757$2,406$2,095$1,821$972
14 years$2,895$2,506$2,162$1,860$1,596$804
15 years$2,674$2,289$1,952$1,659$1,405$667
16 years$2,481$2,100$1,770$1,485$1,242$554
17 years$2,311$1,934$1,610$1,334$1,101$462
18 years$2,160$1,787$1,470$1,203$979$386
19 years$2,025$1,656$1,346$1,087$873$323
20 years$1,903$1,539$1,235$984$780$270
21 years$1,794$1,434$1,136$893$698$226
22 years$1,694$1,338$1,047$812$625$190
23 years$1,603$1,252$967$740$561$159
24 years$1,520$1,173$894$675$505$134
25 years$1,444$1,101$828$616$454$112
26 years$1,373$1,034$768$563$409$95
27 years$1,308$973$713$516$369$79
28 years$1,248$917$663$472$333$67
29 years$1,192$865$617$433$300$56
30 years$1,140$817$575$398$271$47
31 years$1,091$773$536$365$245$40
32 years$1,046$731$500$336$222$34
33 years$1,003$692$467$309$201$28
34 years$963$656$436$284$182$24
35 years$925$622$408$261$165$20
36 years$889$591$381$241$149$17
37 years$856$561$357$222$135$14
38 years$824$533$334$204$123$12
39 years$794$507$313$188$111$10
40 years$766$482$294$174$101$8
41 years$739$459$275$160$92$7
42 years$713$437$258$148$83$6
43 years$689$417$242$137$75$5
44 years$665$397$227$126$68$4
45 years$643$379$214$117$62$4
46 years$622$361$201$108$56$3
47 years$602$345$188$99$51$3
48 years$583$329$177$92$47$2
49 years$564$314$166$85$42$2
50 years$547$300$156$78$38$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $560,000, adding $6,926 every year, while hoping to spend $28,980 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: 48/35/17 Blend
34$560,000$560,000$560,000$560,000
35$624,264$594,584$585,904$650,940
36$657,105$592,884$574,697$668,445
37$692,324$590,130$562,144$683,927
38$730,133$586,239$548,168$700,115
39$770,765$581,123$532,691$717,084
40$814,476$574,691$515,629$734,923
41$861,546$566,844$496,896$753,728
42$912,283$557,479$476,401$773,608
43$967,025$546,484$454,049$794,684
44$1,026,144$533,744$429,742$817,095
45$1,090,048$519,136$403,376$840,991
46$1,159,187$502,527$374,843$866,543
47$1,234,053$483,780$344,029$893,943
48$1,315,189$462,748$310,817$923,402
49$1,403,192$439,276$275,083$955,157
50$1,498,718$413,201$236,699$989,473
51$1,602,488$384,348$195,529$1,026,644
52$1,715,296$352,535$151,433$1,066,999
53$1,838,014$317,568$104,265$1,110,901
54$1,971,605$279,242$53,871$1,158,758
55$2,117,124$237,341$91$1,211,021
56$2,275,736$191,635$0$1,268,192
57$2,448,720$141,884$0$1,341,223
58$2,637,485$87,832$0$1,421,034
59$2,843,582$29,210$0$1,508,329
60$3,068,720$0$0$1,603,906
61$3,314,777$0$0$1,721,847
62$3,583,822$0$0$1,863,168
63$3,878,135$0$0$2,017,823
64$4,200,224$0$0$2,187,138
65$4,552,851$0$0$2,372,573
66$4,939,058$0$0$2,575,737
67$5,362,196$0$0$2,798,400
68$5,825,954$0$0$3,042,512
69$6,334,394$0$0$3,310,223
70$6,891,993$0$0$3,603,897
71$7,503,679$0$0$3,926,141
72$8,174,880$0$0$4,279,825
73$8,911,578$0$0$4,668,111
74$9,720,359$0$0$5,094,483
75$10,608,479$0$0$5,562,776
76$11,583,932$0$0$6,077,218
77$12,655,523$0$0$6,642,465
78$13,832,952$0$0$7,263,646
79$15,126,905$0$0$7,946,413
80$16,549,156$0$0$8,696,990
81$18,112,675$0$0$9,522,239
82$19,831,751$0$0$10,429,714
83$21,722,128$0$0$11,427,742
84$23,801,151$0$0$12,525,497
85$26,087,930$0$0$13,733,084
86$28,603,521$0$0$15,061,640
87$31,371,123$0$0$16,523,433
88$34,416,296$0$0$18,131,983
89$37,767,205$0$0$19,902,185
90$41,454,880$0$0$21,850,450
91$45,513,515$0$0$23,994,863
92$49,980,782$0$0$26,355,350
93$54,898,195$0$0$28,953,866
94$60,311,494$0$0$31,814,605
95$66,271,080$0$0$34,964,223
96$72,832,490$0$0$38,432,095
97$80,056,920$0$0$42,250,588
98$88,011,800$0$0$46,455,367
99$96,771,434$0$0$51,085,734
100$106,417,697$0$0$56,184,993