Can I retire at age 35 with 561,000?

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 $561,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.2%
1 years$46,327$45,914$45,512$45,119$44,735$43,079
2 years$22,934$22,507$22,093$21,692$21,302$19,653
3 years$15,138$14,709$14,296$13,898$13,515$11,924
4 years$11,240$10,812$10,404$10,013$9,639$8,118
5 years$8,902$8,477$8,074$7,691$7,327$5,881
6 years$7,344$6,922$6,525$6,150$5,798$4,427
7 years$6,232$5,813$5,422$5,057$4,715$3,419
8 years$5,398$4,983$4,598$4,242$3,912$2,689
9 years$4,749$4,339$3,961$3,613$3,294$2,144
10 years$4,231$3,824$3,453$3,115$2,807$1,726
11 years$3,807$3,404$3,040$2,711$2,414$1,401
12 years$3,454$3,056$2,698$2,378$2,092$1,144
13 years$3,156$2,761$2,410$2,099$1,824$939
14 years$2,900$2,510$2,166$1,863$1,599$774
15 years$2,679$2,293$1,955$1,662$1,408$639
16 years$2,485$2,104$1,773$1,488$1,244$530
17 years$2,315$1,938$1,613$1,337$1,103$440
18 years$2,164$1,790$1,473$1,205$981$366
19 years$2,028$1,659$1,348$1,089$874$305
20 years$1,907$1,542$1,237$986$781$254
21 years$1,797$1,436$1,138$895$699$212
22 years$1,697$1,341$1,049$814$627$177
23 years$1,606$1,254$968$741$562$148
24 years$1,523$1,175$896$676$505$124
25 years$1,446$1,102$830$617$455$104
26 years$1,376$1,036$769$564$410$87
27 years$1,311$975$714$517$369$73
28 years$1,250$919$664$473$333$61
29 years$1,194$867$618$434$301$51
30 years$1,142$819$576$398$272$43
31 years$1,093$774$537$366$246$36
32 years$1,047$732$501$336$222$30
33 years$1,005$693$468$309$201$25
34 years$964$657$437$284$182$21
35 years$927$623$408$262$165$18
36 years$891$592$382$241$150$15
37 years$857$562$358$222$136$12
38 years$826$534$335$205$123$10
39 years$795$508$314$189$111$9
40 years$767$483$294$174$101$7
41 years$740$460$276$161$92$6
42 years$714$438$259$148$83$5
43 years$690$417$243$137$76$4
44 years$667$398$228$126$69$4
45 years$644$379$214$117$62$3
46 years$623$362$201$108$56$3
47 years$603$345$189$100$51$2
48 years$584$330$177$92$47$2
49 years$565$315$167$85$42$2
50 years$548$301$157$79$38$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $561,000, adding $5,514 every year, while hoping to spend $21,696 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: 59/17/24 Blend
34$561,000$561,000$561,000$561,000
35$623,910$594,177$585,481$656,400
36$664,464$600,207$582,010$685,185
37$708,428$605,806$577,696$713,754
38$756,126$610,928$572,487$744,445
39$807,916$615,529$566,331$777,470
40$864,190$619,556$559,169$813,061
41$925,380$622,958$550,945$851,476
42$991,963$625,677$541,596$892,998
43$1,064,462$627,654$531,058$937,941
44$1,143,452$628,824$519,263$986,651
45$1,229,567$629,119$506,142$1,039,510
46$1,323,505$628,468$491,619$1,096,942
47$1,426,033$626,793$475,618$1,159,412
48$1,537,996$624,013$458,059$1,227,435
49$1,660,323$620,042$438,856$1,301,580
50$1,794,041$614,788$417,922$1,382,474
51$1,940,274$608,155$395,164$1,470,810
52$2,100,266$600,038$370,486$1,567,354
53$2,275,382$590,329$343,787$1,672,948
54$2,467,129$578,913$314,961$1,788,526
55$2,677,163$565,666$283,899$1,915,116
56$2,907,309$550,459$250,485$2,053,854
57$3,159,578$533,155$214,600$2,205,991
58$3,436,184$513,609$176,118$2,372,910
59$3,739,565$491,666$134,908$2,556,138
60$4,072,407$467,164$90,834$2,757,357
61$4,437,668$439,931$43,752$2,978,425
62$4,838,607$409,784$0$3,221,391
63$5,278,813$376,531$0$3,490,180
64$5,762,240$339,970$0$3,797,686
65$6,293,244$299,883$0$4,135,488
66$6,876,622$256,045$0$4,506,665
67$7,517,662$208,216$0$4,914,610
68$8,222,185$156,140$0$5,363,065
69$8,996,609$99,552$0$5,856,152
70$9,848,000$38,167$0$6,398,415
71$10,784,145$0$0$6,994,865
72$11,813,624$0$0$7,656,319
73$12,945,890$0$0$8,391,718
74$14,191,355$0$0$9,200,694
75$15,561,496$0$0$10,090,705
76$17,068,953$0$0$11,069,970
77$18,727,656$0$0$12,147,547
78$20,552,954$0$0$13,333,412
79$22,561,757$0$0$14,638,559
80$24,772,698$0$0$16,075,104
81$27,206,310$0$0$17,656,394
82$29,885,214$0$0$19,397,137
83$32,834,338$0$0$21,313,539
84$36,081,148$0$0$23,423,457
85$39,655,911$0$0$25,746,569
86$43,591,976$0$0$28,304,557
87$47,926,092$0$0$31,121,313
88$52,698,750$0$0$34,223,163
89$57,954,573$0$0$37,639,118
90$63,742,726$0$0$41,401,143
91$70,117,390$0$0$45,544,464
92$77,138,266$0$0$50,107,897
93$84,871,141$0$0$55,134,214
94$93,388,511$0$0$60,670,547
95$102,770,258$0$0$66,768,834
96$113,104,412$0$0$73,486,308
97$124,487,973$0$0$80,886,037
98$137,027,836$0$0$89,037,519
99$150,841,791$0$0$98,017,336
100$166,059,639$0$0$107,909,881