Can I retire at age 35 with 577,000?

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 $577,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.9%
1 years$47,648$47,224$46,810$46,405$46,011$44,185
2 years$23,588$23,149$22,723$22,310$21,910$20,093
3 years$15,569$15,128$14,703$14,294$13,901$12,150
4 years$11,561$11,121$10,700$10,298$9,914$8,243
5 years$9,156$8,719$8,304$7,910$7,536$5,949
6 years$7,553$7,120$6,711$6,326$5,963$4,461
7 years$6,409$5,979$5,577$5,201$4,850$3,432
8 years$5,551$5,125$4,729$4,363$4,023$2,688
9 years$4,885$4,462$4,073$3,716$3,388$2,134
10 years$4,352$3,933$3,551$3,203$2,887$1,711
11 years$3,916$3,502$3,127$2,788$2,483$1,382
12 years$3,553$3,143$2,775$2,445$2,152$1,123
13 years$3,246$2,840$2,479$2,159$1,876$917
14 years$2,983$2,582$2,227$1,916$1,645$752
15 years$2,755$2,358$2,011$1,709$1,448$619
16 years$2,556$2,164$1,823$1,530$1,280$510
17 years$2,381$1,993$1,659$1,375$1,135$421
18 years$2,225$1,841$1,515$1,239$1,009$349
19 years$2,086$1,707$1,387$1,120$899$289
20 years$1,961$1,586$1,272$1,014$803$240
21 years$1,848$1,477$1,170$920$719$199
22 years$1,745$1,379$1,079$837$644$165
23 years$1,652$1,290$996$762$578$137
24 years$1,566$1,208$921$695$520$114
25 years$1,488$1,134$853$635$468$95
26 years$1,415$1,066$791$580$421$79
27 years$1,348$1,003$735$531$380$66
28 years$1,286$945$683$487$343$55
29 years$1,228$892$636$446$310$46
30 years$1,175$842$592$410$280$38
31 years$1,124$796$552$376$253$32
32 years$1,077$753$515$346$229$26
33 years$1,033$713$481$318$207$22
34 years$992$676$449$293$187$18
35 years$953$641$420$269$170$15
36 years$916$609$393$248$154$13
37 years$882$578$368$229$139$11
38 years$849$549$344$211$126$9
39 years$818$522$323$194$115$7
40 years$789$497$302$179$104$6
41 years$761$473$284$165$94$5
42 years$735$451$266$153$86$4
43 years$709$429$250$141$78$4
44 years$686$409$234$130$70$3
45 years$663$390$220$120$64$2
46 years$641$372$207$111$58$2
47 years$620$355$194$102$53$2
48 years$600$339$182$95$48$1
49 years$581$324$171$88$44$1
50 years$563$309$161$81$40$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $577,000, adding $2,639 every year, while hoping to spend $38,873 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: 37/37/26 Blend
34$577,000$577,000$577,000$577,000
35$638,576$607,995$599,052$657,150
36$662,350$596,426$577,759$659,478
37$687,247$582,988$554,451$658,235
38$713,338$567,547$529,018$656,133
39$740,705$549,963$501,346$653,121
40$769,434$530,088$471,318$649,144
41$799,618$507,764$438,808$644,146
42$831,359$482,824$403,689$638,070
43$864,769$455,094$365,823$630,855
44$899,967$424,385$325,070$622,442
45$937,086$390,503$281,283$612,768
46$976,269$353,237$234,306$601,768
47$1,017,672$312,369$183,978$589,379
48$1,061,465$267,666$130,133$575,534
49$1,107,835$218,883$72,593$560,167
50$1,156,985$165,759$11,175$543,211
51$1,209,137$108,020$0$524,599
52$1,264,534$45,378$0$519,346
53$1,323,441$0$0$516,593
54$1,386,150$0$0$522,379
55$1,452,978$0$0$548,279
56$1,524,274$0$0$575,958
57$1,600,419$0$0$605,571
58$1,681,832$0$0$637,286
59$1,768,972$0$0$671,290
60$1,862,341$0$0$707,785
61$1,962,492$0$0$746,996
62$2,070,028$0$0$789,168
63$2,185,616$0$0$834,569
64$2,309,983$0$0$883,496
65$2,443,931$0$0$936,273
66$2,588,339$0$0$993,257
67$2,744,173$0$0$1,054,841
68$2,912,495$0$0$1,121,454
69$3,094,471$0$0$1,193,571
70$3,291,382$0$0$1,271,712
71$3,504,639$0$0$1,356,451
72$3,735,790$0$0$1,448,415
73$3,986,539$0$0$1,548,299
74$4,258,761$0$0$1,656,864
75$4,554,515$0$0$1,774,947
76$4,876,069$0$0$1,903,471
77$5,225,917$0$0$2,043,450
78$5,606,802$0$0$2,196,001
79$6,021,745$0$0$2,362,351
80$6,474,069$0$0$2,543,853
81$6,967,429$0$0$2,741,995
82$7,505,852$0$0$2,958,417
83$8,093,768$0$0$3,194,920
84$8,736,055$0$0$3,453,491
85$9,438,082$0$0$3,736,316
86$10,205,760$0$0$4,045,802
87$11,045,599$0$0$4,384,600
88$11,964,765$0$0$4,755,628
89$12,971,150$0$0$5,162,101
90$14,073,445$0$0$5,607,558
91$15,281,220$0$0$6,095,897
92$16,605,015$0$0$6,631,413
93$18,056,438$0$0$7,218,834
94$19,648,274$0$0$7,863,369
95$21,394,605$0$0$8,570,756
96$23,310,941$0$0$9,347,313
97$25,414,367$0$0$10,200,003
98$27,723,703$0$0$11,136,495
99$30,259,678$0$0$12,165,235
100$33,045,130$0$0$13,295,530