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%15.7%
1 years$47,648$47,224$46,810$46,405$46,011$44,935
2 years$23,588$23,149$22,723$22,310$21,910$20,832
3 years$15,569$15,128$14,703$14,294$13,901$12,855
4 years$11,561$11,121$10,700$10,298$9,914$8,908
5 years$9,156$8,719$8,304$7,910$7,536$6,573
6 years$7,553$7,120$6,711$6,326$5,963$5,043
7 years$6,409$5,979$5,577$5,201$4,850$3,974
8 years$5,551$5,125$4,729$4,363$4,023$3,190
9 years$4,885$4,462$4,073$3,716$3,388$2,598
10 years$4,352$3,933$3,551$3,203$2,887$2,139
11 years$3,916$3,502$3,127$2,788$2,483$1,775
12 years$3,553$3,143$2,775$2,445$2,152$1,484
13 years$3,246$2,840$2,479$2,159$1,876$1,247
14 years$2,983$2,582$2,227$1,916$1,645$1,052
15 years$2,755$2,358$2,011$1,709$1,448$892
16 years$2,556$2,164$1,823$1,530$1,280$758
17 years$2,381$1,993$1,659$1,375$1,135$645
18 years$2,225$1,841$1,515$1,239$1,009$551
19 years$2,086$1,707$1,387$1,120$899$471
20 years$1,961$1,586$1,272$1,014$803$404
21 years$1,848$1,477$1,170$920$719$346
22 years$1,745$1,379$1,079$837$644$297
23 years$1,652$1,290$996$762$578$255
24 years$1,566$1,208$921$695$520$220
25 years$1,488$1,134$853$635$468$189
26 years$1,415$1,066$791$580$421$163
27 years$1,348$1,003$735$531$380$140
28 years$1,286$945$683$487$343$121
29 years$1,228$892$636$446$310$104
30 years$1,175$842$592$410$280$90
31 years$1,124$796$552$376$253$78
32 years$1,077$753$515$346$229$67
33 years$1,033$713$481$318$207$58
34 years$992$676$449$293$187$50
35 years$953$641$420$269$170$43
36 years$916$609$393$248$154$37
37 years$882$578$368$229$139$32
38 years$849$549$344$211$126$28
39 years$818$522$323$194$115$24
40 years$789$497$302$179$104$21
41 years$761$473$284$165$94$18
42 years$735$451$266$153$86$15
43 years$709$429$250$141$78$13
44 years$686$409$234$130$70$12
45 years$663$390$220$120$64$10
46 years$641$372$207$111$58$9
47 years$620$355$194$102$53$7
48 years$600$339$182$95$48$6
49 years$581$324$171$88$44$6
50 years$563$309$161$81$40$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $577,000, adding $4,758 every year, while hoping to spend $36,815 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: 47/32/21 Blend
34$577,000$577,000$577,000$577,000
35$640,762$610,181$601,237$666,845
36$666,949$600,909$582,208$676,280
37$694,573$589,949$561,307$682,459
38$723,742$577,179$538,433$688,406
39$754,573$562,470$513,481$694,114
40$787,195$545,687$486,338$699,581
41$821,747$526,684$456,889$704,806
42$858,383$505,309$425,012$709,789
43$897,270$481,401$390,582$714,537
44$938,590$454,788$353,464$719,058
45$982,543$425,289$313,523$723,364
46$1,029,348$392,715$270,612$727,473
47$1,079,245$356,861$224,580$731,410
48$1,132,496$317,515$175,272$735,204
49$1,189,389$274,451$122,521$738,893
50$1,250,237$227,430$66,156$742,522
51$1,315,388$176,200$5,999$746,148
52$1,385,219$120,496$0$749,836
53$1,460,146$60,035$0$766,706
54$1,540,625$0$0$786,092
55$1,627,157$0$0$808,730
56$1,720,290$0$0$855,896
57$1,820,629$0$0$906,759
58$1,928,836$0$0$961,663
59$2,045,639$0$0$1,020,983
60$2,171,838$0$0$1,085,133
61$2,308,312$0$0$1,154,566
62$2,456,026$0$0$1,229,782
63$2,616,044$0$0$1,311,329
64$2,789,534$0$0$1,399,812
65$2,977,778$0$0$1,495,894
66$3,182,191$0$0$1,600,305
67$3,404,325$0$0$1,713,849
68$3,645,889$0$0$1,837,410
69$3,908,765$0$0$1,971,958
70$4,195,020$0$0$2,118,566
71$4,506,931$0$0$2,278,410
72$4,847,003$0$0$2,452,786
73$5,217,995$0$0$2,643,121
74$5,622,941$0$0$2,850,984
75$6,065,181$0$0$3,078,106
76$6,548,394$0$0$3,326,387
77$7,076,628$0$0$3,597,924
78$7,654,342$0$0$3,895,024
79$8,286,443$0$0$4,220,226
80$8,978,337$0$0$4,576,329
81$9,735,974$0$0$4,966,411
82$10,565,908$0$0$5,393,865
83$11,475,356$0$0$5,862,428
84$12,472,268$0$0$6,376,213
85$13,565,397$0$0$6,939,753
86$14,764,385$0$0$7,558,038
87$16,079,853$0$0$8,236,567
88$17,523,498$0$0$8,981,396
89$19,108,205$0$0$9,799,195
90$20,848,167$0$0$10,697,313
91$22,759,019$0$0$11,683,845
92$24,857,985$0$0$12,767,708
93$27,164,038$0$0$13,958,728
94$29,698,080$0$0$15,267,725
95$32,483,139$0$0$16,706,625
96$35,544,584$0$0$18,288,562
97$38,910,363$0$0$20,028,009
98$42,611,269$0$0$21,940,912
99$46,681,227$0$0$24,044,837
100$51,157,614$0$0$26,359,140