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%14.8%
1 years$46,740$46,323$45,917$45,521$45,134$44,240
2 years$23,138$22,708$22,290$21,885$21,492$20,596
3 years$15,272$14,840$14,423$14,022$13,636$12,764
4 years$11,340$10,909$10,496$10,102$9,725$8,886
5 years$8,981$8,553$8,146$7,759$7,393$6,588
6 years$7,409$6,984$6,583$6,205$5,850$5,079
7 years$6,287$5,865$5,470$5,102$4,757$4,022
8 years$5,446$5,027$4,639$4,280$3,947$3,247
9 years$4,792$4,377$3,996$3,645$3,324$2,658
10 years$4,269$3,858$3,484$3,142$2,832$2,200
11 years$3,841$3,435$3,067$2,735$2,436$1,837
12 years$3,485$3,083$2,722$2,399$2,111$1,544
13 years$3,184$2,786$2,432$2,118$1,840$1,306
14 years$2,926$2,532$2,185$1,880$1,613$1,109
15 years$2,703$2,313$1,973$1,677$1,421$945
16 years$2,508$2,123$1,789$1,501$1,255$808
17 years$2,336$1,955$1,628$1,349$1,113$693
18 years$2,183$1,806$1,486$1,215$990$596
19 years$2,046$1,674$1,360$1,098$882$513
20 years$1,924$1,556$1,248$995$788$442
21 years$1,813$1,449$1,148$903$705$382
22 years$1,712$1,353$1,058$821$632$330
23 years$1,620$1,265$977$748$567$286
24 years$1,536$1,185$904$682$510$248
25 years$1,459$1,112$837$623$459$215
26 years$1,388$1,045$776$569$413$186
27 years$1,322$984$721$521$373$162
28 years$1,261$927$670$477$336$140
29 years$1,205$875$624$438$304$122
30 years$1,152$826$581$402$274$106
31 years$1,103$781$541$369$248$92
32 years$1,057$739$505$339$224$80
33 years$1,014$700$472$312$203$70
34 years$973$663$441$287$184$61
35 years$935$629$412$264$167$53
36 years$899$597$385$243$151$46
37 years$865$567$361$224$137$40
38 years$833$539$338$207$124$35
39 years$803$512$317$191$112$30
40 years$774$487$297$176$102$26
41 years$747$464$278$162$93$23
42 years$721$442$261$150$84$20
43 years$696$421$245$138$76$17
44 years$672$401$230$128$69$15
45 years$650$383$216$118$63$13
46 years$629$365$203$109$57$11
47 years$608$348$190$101$52$10
48 years$589$333$179$93$47$9
49 years$570$318$168$86$43$8
50 years$553$303$158$79$39$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $566,000, adding $3,543 every year, while hoping to spend $21,331 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: 50/33/17 Blend
34$566,000$566,000$566,000$566,000
35$627,387$597,389$588,616$655,639
36$668,684$603,965$585,638$682,067
37$713,479$610,148$581,846$708,275
38$762,105$615,897$577,190$736,294
39$814,931$621,167$571,616$766,301
40$872,360$625,910$565,072$798,494
41$934,838$630,077$557,499$833,090
42$1,002,854$633,613$548,837$870,330
43$1,076,946$636,461$539,024$910,479
44$1,157,707$638,560$527,994$953,832
45$1,245,789$639,846$515,678$1,000,714
46$1,341,911$640,249$502,005$1,051,483
47$1,446,862$639,698$486,898$1,106,537
48$1,561,513$638,114$470,280$1,166,315
49$1,686,821$635,415$452,068$1,231,301
50$1,823,841$631,514$432,176$1,302,032
51$1,973,732$626,319$410,514$1,379,098
52$2,137,775$619,730$386,988$1,463,154
53$2,317,375$611,644$361,499$1,554,922
54$2,514,083$601,950$333,946$1,655,200
55$2,729,606$590,533$304,220$1,764,869
56$2,965,824$577,267$272,209$1,884,902
57$3,224,807$562,021$237,796$2,016,375
58$3,508,834$544,658$200,860$2,160,474
59$3,820,418$525,029$161,271$2,318,509
60$4,162,324$502,979$118,898$2,491,928
61$4,537,600$478,344$73,600$2,682,328
62$4,949,602$450,949$25,232$2,891,473
63$5,402,027$420,611$0$3,121,309
64$5,898,947$387,134$0$3,378,773
65$6,444,850$350,314$0$3,666,643
66$7,044,677$309,932$0$3,982,988
67$7,703,874$265,758$0$4,330,728
68$8,428,439$217,550$0$4,713,083
69$9,224,981$165,051$0$5,133,605
70$10,100,780$107,990$0$5,596,214
71$11,063,859$46,081$0$6,105,228
72$12,123,056$0$0$6,665,414
73$13,288,106$0$0$7,289,643
74$14,569,740$0$0$7,994,812
75$15,979,777$0$0$8,770,699
76$17,531,242$0$0$9,624,480
77$19,238,484$0$0$10,564,060
78$21,117,315$0$0$11,598,151
79$23,185,156$0$0$12,736,351
80$25,461,205$0$0$13,989,236
81$27,966,612$0$0$15,368,459
82$30,724,684$0$0$16,886,860
83$33,761,102$0$0$18,558,590
84$37,104,163$0$0$20,399,238
85$40,785,049$0$0$22,425,983
86$44,838,117$0$0$24,657,756
87$49,301,227$0$0$27,115,417
88$54,216,098$0$0$29,821,950
89$59,628,700$0$0$32,802,683
90$65,589,687$0$0$36,085,525
91$72,154,879$0$0$39,701,233
92$79,385,784$0$0$43,683,694
93$87,350,182$0$0$48,070,255
94$96,122,760$0$0$52,902,065
95$105,785,821$0$0$58,224,472
96$116,430,059$0$0$64,087,446
97$128,155,412$0$0$70,546,052
98$141,072,010$0$0$77,660,969
99$155,301,211$0$0$85,499,063
100$170,976,746$0$0$94,134,017