Can I retire at age 35 with 566,000?

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 $566,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.4%
1 years$46,740$46,323$45,917$45,521$45,134$44,868
2 years$23,138$22,708$22,290$21,885$21,492$21,224
3 years$15,272$14,840$14,423$14,022$13,636$13,373
4 years$11,340$10,909$10,496$10,102$9,725$9,471
5 years$8,981$8,553$8,146$7,759$7,393$7,147
6 years$7,409$6,984$6,583$6,205$5,850$5,613
7 years$6,287$5,865$5,470$5,102$4,757$4,530
8 years$5,446$5,027$4,639$4,280$3,947$3,729
9 years$4,792$4,377$3,996$3,645$3,324$3,115
10 years$4,269$3,858$3,484$3,142$2,832$2,632
11 years$3,841$3,435$3,067$2,735$2,436$2,244
12 years$3,485$3,083$2,722$2,399$2,111$1,928
13 years$3,184$2,786$2,432$2,118$1,840$1,667
14 years$2,926$2,532$2,185$1,880$1,613$1,448
15 years$2,703$2,313$1,973$1,677$1,421$1,263
16 years$2,508$2,123$1,789$1,501$1,255$1,106
17 years$2,336$1,955$1,628$1,349$1,113$971
18 years$2,183$1,806$1,486$1,215$990$855
19 years$2,046$1,674$1,360$1,098$882$755
20 years$1,924$1,556$1,248$995$788$667
21 years$1,813$1,449$1,148$903$705$591
22 years$1,712$1,353$1,058$821$632$525
23 years$1,620$1,265$977$748$567$466
24 years$1,536$1,185$904$682$510$414
25 years$1,459$1,112$837$623$459$369
26 years$1,388$1,045$776$569$413$329
27 years$1,322$984$721$521$373$293
28 years$1,261$927$670$477$336$262
29 years$1,205$875$624$438$304$234
30 years$1,152$826$581$402$274$209
31 years$1,103$781$541$369$248$187
32 years$1,057$739$505$339$224$167
33 years$1,014$700$472$312$203$149
34 years$973$663$441$287$184$134
35 years$935$629$412$264$167$120
36 years$899$597$385$243$151$107
37 years$865$567$361$224$137$96
38 years$833$539$338$207$124$86
39 years$803$512$317$191$112$77
40 years$774$487$297$176$102$69
41 years$747$464$278$162$93$62
42 years$721$442$261$150$84$56
43 years$696$421$245$138$76$50
44 years$672$401$230$128$69$45
45 years$650$383$216$118$63$40
46 years$629$365$203$109$57$36
47 years$608$348$190$101$52$32
48 years$589$333$179$93$47$29
49 years$570$318$168$86$43$26
50 years$553$303$158$79$39$23

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $566,000, adding $4,590 every year, while hoping to spend $48,471 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: 62/24/14 Blend
34$566,000$566,000$566,000$566,000
35$628,467$598,469$589,696$665,010
36$640,997$576,221$557,878$667,854
37$653,182$551,258$523,369$665,030
38$664,933$523,397$486,029$660,776
39$676,155$492,442$445,709$654,954
40$686,738$458,187$402,256$647,415
41$696,562$420,415$355,508$638,000
42$705,491$378,894$305,297$626,534
43$713,373$333,383$251,447$612,826
44$720,042$283,623$193,775$596,671
45$725,308$229,342$132,088$577,844
46$728,964$170,254$66,188$556,102
47$730,778$106,056$0$531,180
48$730,491$36,427$0$503,408
49$727,818$0$0$482,446
50$722,442$0$0$468,383
51$714,009$0$0$461,827
52$702,129$0$0$452,890
53$686,369$0$0$441,277
54$666,250$0$0$426,659
55$641,238$0$0$408,671
56$610,748$0$0$386,911
57$574,126$0$0$360,933
58$530,653$0$0$330,243
59$479,532$0$0$294,297
60$419,882$0$0$252,491
61$350,727$0$0$204,159
62$270,991$0$0$148,563
63$179,483$0$0$84,888
64$74,888$0$0$12,236
65$0$0$0$0
66$0$0$0$0
67$0$0$0$0
68$0$0$0$0
69$0$0$0$0
70$0$0$0$0
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