Can I retire at age 35 with 575,000?

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 $575,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.8%
1 years$47,483$47,060$46,647$46,245$45,851$45,129
2 years$23,506$23,069$22,644$22,233$21,834$21,108
3 years$15,515$15,076$14,652$14,245$13,852$13,145
4 years$11,520$11,082$10,663$10,263$9,880$9,197
5 years$9,124$8,689$8,275$7,883$7,510$6,854
6 years$7,527$7,095$6,687$6,304$5,943$5,314
7 years$6,387$5,958$5,557$5,183$4,833$4,232
8 years$5,532$5,107$4,713$4,348$4,009$3,435
9 years$4,868$4,447$4,059$3,703$3,377$2,830
10 years$4,336$3,920$3,539$3,192$2,877$2,357
11 years$3,902$3,489$3,116$2,778$2,474$1,980
12 years$3,540$3,132$2,765$2,437$2,144$1,675
13 years$3,234$2,830$2,470$2,151$1,870$1,426
14 years$2,973$2,573$2,220$1,910$1,639$1,219
15 years$2,746$2,350$2,004$1,703$1,443$1,046
16 years$2,547$2,156$1,817$1,525$1,275$901
17 years$2,373$1,986$1,653$1,370$1,131$778
18 years$2,218$1,835$1,509$1,235$1,006$674
19 years$2,079$1,701$1,382$1,116$896$584
20 years$1,954$1,580$1,268$1,011$801$508
21 years$1,842$1,472$1,166$917$716$442
22 years$1,739$1,374$1,075$834$642$385
23 years$1,646$1,285$993$759$576$336
24 years$1,561$1,204$918$693$518$293
25 years$1,482$1,130$850$633$466$256
26 years$1,410$1,062$789$578$420$224
27 years$1,343$999$732$529$379$196
28 years$1,282$942$681$485$342$171
29 years$1,224$888$633$445$308$150
30 years$1,170$839$590$408$279$132
31 years$1,120$793$550$375$252$115
32 years$1,074$751$513$345$228$101
33 years$1,030$711$479$317$206$89
34 years$989$674$448$292$187$78
35 years$950$639$419$268$169$68
36 years$913$606$392$247$153$60
37 years$879$576$367$228$139$53
38 years$846$547$343$210$126$46
39 years$815$521$322$194$114$41
40 years$786$495$301$179$104$36
41 years$758$471$283$165$94$31
42 years$732$449$265$152$85$27
43 years$707$428$249$140$77$24
44 years$683$408$234$130$70$21
45 years$660$389$219$120$64$19
46 years$639$371$206$111$58$16
47 years$618$354$193$102$53$14
48 years$598$338$182$94$48$13
49 years$579$323$171$87$43$11
50 years$561$308$161$81$39$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $575,000, adding $6,912 every year, while hoping to spend $49,992 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: 61/27/12 Blend
34$575,000$575,000$575,000$575,000
35$640,780$610,305$601,392$677,620
36$652,948$587,019$568,348$679,900
37$664,682$560,916$532,521$676,084
38$675,885$531,806$493,765$670,701
39$686,448$499,487$451,929$663,601
40$696,249$463,745$406,852$654,622
41$705,153$424,355$358,368$643,589
42$713,008$381,078$306,303$630,311
43$719,647$333,663$250,476$614,581
44$724,881$281,843$190,697$596,174
45$728,502$225,336$126,769$574,845
46$730,276$163,845$58,483$550,329
47$729,948$97,056$0$522,338
48$727,228$24,638$0$492,398
49$721,801$0$0$466,436
50$713,312$0$0$452,588
51$701,371$0$0$443,713
52$685,544$0$0$432,200
53$665,351$0$0$417,723
54$640,259$0$0$399,925
55$609,680$0$0$378,410
56$572,961$0$0$352,736
57$529,381$0$0$322,420
58$478,143$0$0$286,923
59$418,363$0$0$245,651
60$349,066$0$0$197,948
61$269,174$0$0$143,087
62$177,495$0$0$80,266
63$72,712$0$0$8,598
64$0$0$0$0
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