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%17.7%
1 years$46,740$46,323$45,917$45,521$45,134$43,724
2 years$23,138$22,708$22,290$21,885$21,492$20,084
3 years$15,272$14,840$14,423$14,022$13,636$12,274
4 years$11,340$10,909$10,496$10,102$9,725$8,420
5 years$8,981$8,553$8,146$7,759$7,393$6,148
6 years$7,409$6,984$6,583$6,205$5,850$4,666
7 years$6,287$5,865$5,470$5,102$4,757$3,635
8 years$5,446$5,027$4,639$4,280$3,947$2,884
9 years$4,792$4,377$3,996$3,645$3,324$2,321
10 years$4,269$3,858$3,484$3,142$2,832$1,887
11 years$3,841$3,435$3,067$2,735$2,436$1,546
12 years$3,485$3,083$2,722$2,399$2,111$1,275
13 years$3,184$2,786$2,432$2,118$1,840$1,057
14 years$2,926$2,532$2,185$1,880$1,613$880
15 years$2,703$2,313$1,973$1,677$1,421$735
16 years$2,508$2,123$1,789$1,501$1,255$616
17 years$2,336$1,955$1,628$1,349$1,113$517
18 years$2,183$1,806$1,486$1,215$990$435
19 years$2,046$1,674$1,360$1,098$882$366
20 years$1,924$1,556$1,248$995$788$309
21 years$1,813$1,449$1,148$903$705$261
22 years$1,712$1,353$1,058$821$632$221
23 years$1,620$1,265$977$748$567$187
24 years$1,536$1,185$904$682$510$158
25 years$1,459$1,112$837$623$459$134
26 years$1,388$1,045$776$569$413$113
27 years$1,322$984$721$521$373$96
28 years$1,261$927$670$477$336$82
29 years$1,205$875$624$438$304$69
30 years$1,152$826$581$402$274$59
31 years$1,103$781$541$369$248$50
32 years$1,057$739$505$339$224$42
33 years$1,014$700$472$312$203$36
34 years$973$663$441$287$184$30
35 years$935$629$412$264$167$26
36 years$899$597$385$243$151$22
37 years$865$567$361$224$137$19
38 years$833$539$338$207$124$16
39 years$803$512$317$191$112$13
40 years$774$487$297$176$102$11
41 years$747$464$278$162$93$10
42 years$721$442$261$150$84$8
43 years$696$421$245$138$76$7
44 years$672$401$230$128$69$6
45 years$650$383$216$118$63$5
46 years$629$365$203$109$57$4
47 years$608$348$190$101$52$4
48 years$589$333$179$93$47$3
49 years$570$318$168$86$43$3
50 years$553$303$158$79$39$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $566,000, adding $4,196 every year, while hoping to spend $38,868 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: 60/31/9 Blend
34$566,000$566,000$566,000$566,000
35$628,060$598,062$589,289$664,226
36$650,767$586,012$567,675$676,939
37$674,487$572,069$544,034$685,993
38$699,283$556,098$518,258$694,903
39$725,223$537,959$490,232$703,659
40$752,378$517,502$459,837$712,248
41$780,828$494,567$426,949$720,659
42$810,659$468,988$391,439$728,883
43$841,964$440,586$353,169$736,911
44$874,843$409,173$312,000$744,735
45$909,407$374,552$267,781$752,349
46$945,774$336,513$220,359$759,751
47$984,073$294,833$169,572$766,938
48$1,024,447$249,278$115,251$773,912
49$1,067,050$199,601$57,221$780,678
50$1,112,048$145,541$0$787,246
51$1,159,625$86,820$0$794,081
52$1,209,980$23,148$0$806,642
53$1,263,332$0$0$819,473
54$1,319,918$0$0$848,244
55$1,380,000$0$0$887,199
56$1,443,862$0$0$928,629
57$1,511,816$0$0$972,739
58$1,584,202$0$0$1,019,754
59$1,661,395$0$0$1,069,921
60$1,743,802$0$0$1,123,508
61$1,831,873$0$0$1,180,811
62$1,926,099$0$0$1,242,155
63$2,027,018$0$0$1,307,894
64$2,135,221$0$0$1,378,418
65$2,251,356$0$0$1,454,155
66$2,376,135$0$0$1,535,574
67$2,510,338$0$0$1,623,190
68$2,654,823$0$0$1,717,569
69$2,810,530$0$0$1,819,332
70$2,978,495$0$0$1,929,162
71$3,159,853$0$0$2,047,809
72$3,355,853$0$0$2,176,097
73$3,567,865$0$0$2,314,932
74$3,797,399$0$0$2,465,309
75$4,046,112$0$0$2,628,324
76$4,315,828$0$0$2,805,181
77$4,608,550$0$0$2,997,203
78$4,926,484$0$0$3,205,846
79$5,272,054$0$0$3,432,714
80$5,647,930$0$0$3,679,568
81$6,057,046$0$0$3,948,348
82$6,502,632$0$0$4,241,188
83$6,988,242$0$0$4,560,435
84$7,517,789$0$0$4,908,676
85$8,095,577$0$0$5,288,753
86$8,726,345$0$0$5,703,799
87$9,415,309$0$0$6,157,262
88$10,168,212$0$0$6,652,935
89$10,991,377$0$0$7,194,997
90$11,891,763$0$0$7,788,049
91$12,877,036$0$0$8,437,156
92$13,955,634$0$0$9,147,895
93$15,136,851$0$0$9,926,409
94$16,430,922$0$0$10,779,463
95$17,849,116$0$0$11,714,506
96$19,403,846$0$0$12,739,743
97$21,108,784$0$0$13,864,211
98$22,978,987$0$0$15,097,862
99$25,031,039$0$0$16,451,659
100$27,283,208$0$0$17,937,680