Can I retire at age 35 with 562,000?

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 $562,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.5%
1 years$46,409$45,996$45,593$45,199$44,815$44,347
2 years$22,975$22,547$22,132$21,730$21,340$20,869
3 years$15,164$14,735$14,321$13,923$13,539$13,079
4 years$11,260$10,832$10,422$10,031$9,656$9,211
5 years$8,918$8,492$8,088$7,704$7,341$6,912
6 years$7,357$6,934$6,536$6,161$5,808$5,396
7 years$6,243$5,824$5,432$5,066$4,724$4,328
8 years$5,407$4,992$4,607$4,249$3,919$3,540
9 years$4,758$4,346$3,968$3,620$3,300$2,938
10 years$4,238$3,831$3,459$3,120$2,812$2,467
11 years$3,814$3,411$3,045$2,715$2,418$2,089
12 years$3,460$3,061$2,703$2,382$2,096$1,782
13 years$3,161$2,766$2,415$2,103$1,827$1,530
14 years$2,905$2,515$2,170$1,867$1,602$1,319
15 years$2,684$2,297$1,959$1,665$1,410$1,143
16 years$2,490$2,108$1,776$1,491$1,247$993
17 years$2,319$1,941$1,616$1,339$1,105$865
18 years$2,167$1,794$1,475$1,207$983$756
19 years$2,032$1,662$1,350$1,091$876$662
20 years$1,910$1,545$1,239$988$782$581
21 years$1,800$1,439$1,140$896$700$510
22 years$1,700$1,343$1,051$815$628$449
23 years$1,609$1,256$970$742$563$396
24 years$1,526$1,177$897$677$506$349
25 years$1,449$1,104$831$618$456$308
26 years$1,378$1,038$771$565$410$272
27 years$1,313$977$716$517$370$240
28 years$1,253$921$665$474$334$213
29 years$1,196$868$619$435$302$188
30 years$1,144$820$577$399$272$167
31 years$1,095$775$538$366$246$148
32 years$1,049$734$502$337$223$131
33 years$1,006$695$468$310$202$116
34 years$966$658$438$285$183$103
35 years$928$625$409$262$165$91
36 years$893$593$383$242$150$81
37 years$859$563$358$223$136$72
38 years$827$535$335$205$123$64
39 years$797$509$314$189$112$57
40 years$768$484$295$174$101$50
41 years$741$461$276$161$92$45
42 years$716$439$259$149$83$40
43 years$691$418$243$137$76$35
44 years$668$399$228$127$69$31
45 years$646$380$214$117$62$28
46 years$624$363$201$108$57$25
47 years$604$346$189$100$51$22
48 years$585$330$178$92$47$19
49 years$566$315$167$85$42$17
50 years$549$301$157$79$39$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $562,000, adding $4,175 every year, while hoping to spend $45,559 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: 51/21/28 Blend
34$562,000$562,000$562,000$562,000
35$623,631$593,845$585,134$650,328
36$638,766$574,468$556,261$649,995
37$653,919$552,616$524,894$644,730
38$669,043$528,118$490,902$638,109
39$684,084$500,795$454,146$630,024
40$698,983$470,457$414,483$620,357
41$713,674$436,903$371,763$608,983
42$728,080$399,923$325,828$595,769
43$742,117$359,291$276,516$580,569
44$755,688$314,772$223,654$563,227
45$768,686$266,114$167,064$543,578
46$780,991$213,053$106,561$521,441
47$792,470$155,310$41,948$496,624
48$802,971$92,589$0$468,918
49$812,328$24,580$0$446,167
50$820,355$0$0$433,961
51$826,843$0$0$430,895
52$831,561$0$0$432,482
53$834,253$0$0$432,896
54$834,632$0$0$431,976
55$832,381$0$0$429,543
56$827,148$0$0$425,396
57$818,542$0$0$419,316
58$806,129$0$0$411,057
59$789,430$0$0$400,348
60$767,911$0$0$386,889
61$740,983$0$0$370,347
62$707,992$0$0$350,354
63$668,217$0$0$326,501
64$620,856$0$0$298,339
65$565,027$0$0$265,368
66$499,749$0$0$227,036
67$423,941$0$0$182,735
68$336,406$0$0$131,790
69$235,824$0$0$73,457
70$120,734$0$0$6,912
71$0$0$0$0
72$0$0$0$0
73$0$0$0$0
74$0$0$0$0
75$0$0$0$0
76$0$0$0$0
77$0$0$0$0
78$0$0$0$0
79$0$0$0$0
80$0$0$0$0
81$0$0$0$0
82$0$0$0$0
83$0$0$0$0
84$0$0$0$0
85$0$0$0$0
86$0$0$0$0
87$0$0$0$0
88$0$0$0$0
89$0$0$0$0
90$0$0$0$0
91$0$0$0$0
92$0$0$0$0
93$0$0$0$0
94$0$0$0$0
95$0$0$0$0
96$0$0$0$0
97$0$0$0$0
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0