Can I retire at age 35 with 578,000?

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 $578,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.5%
1 years$47,731$47,306$46,891$46,486$46,091$44,867
2 years$23,629$23,189$22,762$22,349$21,948$20,724
3 years$15,596$15,154$14,729$14,319$13,925$12,738
4 years$11,581$11,140$10,719$10,316$9,931$8,792
5 years$9,172$8,734$8,318$7,924$7,550$6,460
6 years$7,567$7,132$6,722$6,337$5,974$4,935
7 years$6,420$5,989$5,586$5,210$4,858$3,871
8 years$5,561$5,134$4,738$4,370$4,030$3,093
9 years$4,893$4,470$4,081$3,723$3,394$2,507
10 years$4,359$3,940$3,558$3,209$2,892$2,053
11 years$3,922$3,508$3,132$2,793$2,487$1,696
12 years$3,559$3,148$2,780$2,450$2,155$1,410
13 years$3,251$2,845$2,483$2,163$1,880$1,179
14 years$2,988$2,586$2,231$1,920$1,648$989
15 years$2,760$2,362$2,015$1,712$1,451$833
16 years$2,561$2,168$1,826$1,533$1,282$704
17 years$2,385$1,996$1,662$1,377$1,137$596
18 years$2,229$1,845$1,517$1,241$1,011$506
19 years$2,090$1,710$1,389$1,122$901$430
20 years$1,964$1,589$1,275$1,016$805$366
21 years$1,851$1,480$1,172$922$720$312
22 years$1,748$1,381$1,081$838$646$266
23 years$1,655$1,292$998$763$579$228
24 years$1,569$1,210$923$696$521$194
25 years$1,490$1,136$855$636$469$166
26 years$1,418$1,068$793$581$422$142
27 years$1,350$1,005$736$532$381$122
28 years$1,288$947$684$488$343$104
29 years$1,230$893$637$447$310$89
30 years$1,177$843$593$410$280$77
31 years$1,126$797$553$377$253$66
32 years$1,079$754$516$346$229$56
33 years$1,035$714$482$319$207$48
34 years$994$677$450$293$188$41
35 years$955$642$421$270$170$35
36 years$918$610$394$248$154$30
37 years$883$579$368$229$140$26
38 years$851$550$345$211$127$22
39 years$820$523$323$195$115$19
40 years$790$498$303$179$104$16
41 years$762$474$284$166$94$14
42 years$736$451$266$153$86$12
43 years$711$430$250$141$78$10
44 years$687$410$235$130$71$9
45 years$664$391$220$120$64$8
46 years$642$373$207$111$58$7
47 years$621$356$194$103$53$6
48 years$601$340$183$95$48$5
49 years$583$324$172$88$44$4
50 years$564$310$162$81$40$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $578,000, adding $4,989 every year, while hoping to spend $33,391 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: 78/13/9 Blend
34$578,000$578,000$578,000$578,000
35$642,102$611,468$602,509$690,896
36$672,069$605,902$587,165$718,086
37$703,973$598,945$570,189$743,081
38$737,977$590,492$551,489$769,520
39$774,259$580,434$530,972$797,532
40$813,013$568,655$508,539$827,260
41$854,453$555,032$484,088$858,861
42$898,813$539,434$457,511$892,508
43$946,350$521,724$428,695$928,393
44$997,345$501,756$397,524$966,728
45$1,052,107$479,376$363,874$1,007,745
46$1,110,976$454,419$327,618$1,051,702
47$1,174,323$426,713$288,621$1,098,883
48$1,242,558$396,075$246,743$1,149,601
49$1,316,128$362,313$201,839$1,204,203
50$1,395,529$325,221$153,755$1,263,071
51$1,481,300$284,585$102,333$1,326,625
52$1,574,038$240,175$47,407$1,395,332
53$1,674,397$191,750$0$1,469,706
54$1,783,096$139,057$0$1,551,389
55$1,900,927$81,826$0$1,644,859
56$2,028,760$19,774$0$1,746,269
57$2,167,550$0$0$1,856,398
58$2,318,351$0$0$1,982,890
59$2,482,319$0$0$2,123,520
60$2,660,728$0$0$2,276,552
61$2,854,979$0$0$2,443,192
62$3,066,613$0$0$2,624,763
63$3,297,328$0$0$2,822,724
64$3,548,990$0$0$3,038,679
65$3,823,654$0$0$3,274,395
66$4,123,584$0$0$3,531,816
67$4,451,268$0$0$3,813,082
68$4,809,449$0$0$4,120,550
69$5,201,146$0$0$4,456,812
70$5,629,681$0$0$4,824,727
71$6,098,715$0$0$5,227,438
72$6,612,276$0$0$5,668,409
73$7,174,803$0$0$6,151,455
74$7,791,181$0$0$6,680,774
75$8,466,794$0$0$7,260,993
76$9,207,568$0$0$7,897,205
77$10,020,031$0$0$8,595,023
78$10,911,374$0$0$9,360,625
79$11,889,517$0$0$10,200,819
80$12,963,184$0$0$11,123,104
81$14,141,984$0$0$12,135,739
82$15,436,504$0$0$13,247,821
83$16,858,404$0$0$14,469,375
84$18,420,529$0$0$15,811,441
85$20,137,033$0$0$17,286,182
86$22,023,505$0$0$18,906,999
87$24,097,120$0$0$20,688,655
88$26,376,802$0$0$22,647,414
89$28,883,397$0$0$24,801,194
90$31,639,873$0$0$27,169,738
91$34,671,537$0$0$29,774,796
92$38,006,270$0$0$32,640,333
93$41,674,789$0$0$35,792,753
94$45,710,942$0$0$39,261,148
95$50,152,019$0$0$43,077,571
96$55,039,112$0$0$47,277,341
97$60,417,493$0$0$51,899,371
98$66,337,047$0$0$56,986,541
99$72,852,740$0$0$62,586,095
100$80,025,137$0$0$68,750,092