Can I retire at age 35 with 579,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $579,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.1%
1 years$47,813$47,387$46,972$46,566$46,170$45,764
2 years$23,670$23,229$22,802$22,388$21,986$21,577
3 years$15,623$15,180$14,754$14,344$13,949$13,549
4 years$11,601$11,159$10,737$10,334$9,948$9,561
5 years$9,188$8,749$8,333$7,938$7,563$7,189
6 years$7,580$7,144$6,734$6,348$5,984$5,625
7 years$6,431$6,000$5,596$5,219$4,867$4,522
8 years$5,571$5,143$4,746$4,378$4,037$3,707
9 years$4,902$4,478$4,088$3,729$3,400$3,084
10 years$4,367$3,947$3,564$3,214$2,897$2,595
11 years$3,929$3,514$3,137$2,798$2,491$2,204
12 years$3,565$3,154$2,784$2,454$2,159$1,885
13 years$3,257$2,850$2,488$2,166$1,883$1,622
14 years$2,993$2,591$2,235$1,923$1,650$1,402
15 years$2,765$2,367$2,018$1,715$1,453$1,218
16 years$2,565$2,171$1,830$1,536$1,284$1,061
17 years$2,389$2,000$1,665$1,380$1,139$927
18 years$2,233$1,848$1,520$1,243$1,013$813
19 years$2,093$1,713$1,391$1,124$902$714
20 years$1,968$1,591$1,277$1,018$806$628
21 years$1,854$1,482$1,175$924$721$553
22 years$1,751$1,384$1,082$840$647$488
23 years$1,658$1,294$999$765$580$431
24 years$1,572$1,212$924$697$522$382
25 years$1,493$1,138$856$637$469$338
26 years$1,420$1,069$794$582$423$300
27 years$1,353$1,006$737$533$381$266
28 years$1,290$948$685$488$344$236
29 years$1,233$895$638$448$311$209
30 years$1,179$845$594$411$281$186
31 years$1,128$799$554$378$254$165
32 years$1,081$756$517$347$230$147
33 years$1,037$716$483$319$208$131
34 years$995$678$451$294$188$116
35 years$956$643$422$270$170$104
36 years$920$611$394$249$154$92
37 years$885$580$369$229$140$82
38 years$852$551$346$211$127$73
39 years$821$524$324$195$115$65
40 years$792$499$304$180$104$58
41 years$764$475$285$166$95$52
42 years$737$452$267$153$86$46
43 years$712$431$251$141$78$41
44 years$688$411$235$130$71$37
45 years$665$392$221$120$64$33
46 years$643$374$207$111$58$29
47 years$622$356$195$103$53$26
48 years$603$340$183$95$48$23
49 years$584$325$172$88$44$21
50 years$565$310$162$81$40$18

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $579,000, adding $2,402 every year, while hoping to spend $23,906 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: 56/29/15 Blend
34$579,000$579,000$579,000$579,000
35$640,536$609,849$600,874$673,771
36$680,435$614,295$595,568$701,055
37$723,602$618,159$589,282$727,956
38$770,346$621,385$581,960$756,712
39$821,005$623,917$573,539$787,505
40$875,952$625,694$563,957$820,536
41$935,597$626,650$553,148$856,028
42$1,000,390$626,718$541,040$894,228
43$1,070,826$625,824$527,562$935,409
44$1,147,452$623,891$512,636$979,870
45$1,230,867$620,836$496,184$1,027,945
46$1,321,730$616,572$478,122$1,080,003
47$1,420,770$611,007$458,362$1,136,449
48$1,528,784$604,042$436,813$1,197,733
49$1,646,653$595,574$413,379$1,264,353
50$1,775,346$585,491$387,961$1,336,855
51$1,915,928$573,677$360,455$1,415,848
52$2,069,575$560,009$330,752$1,502,001
53$2,237,577$544,355$298,738$1,596,054
54$2,421,357$526,576$264,294$1,698,824
55$2,622,484$506,526$227,295$1,811,215
56$2,842,680$484,049$187,613$1,934,224
57$3,083,847$458,981$145,111$2,068,952
58$3,348,076$431,148$99,649$2,216,615
59$3,637,672$400,366$51,079$2,378,557
60$3,955,171$366,440$0$2,556,261
61$4,303,368$329,166$0$2,751,485
62$4,685,342$288,325$0$2,974,648
63$5,104,482$243,689$0$3,219,588
64$5,564,524$195,014$0$3,488,536
65$6,069,580$142,045$0$3,783,952
66$6,624,183$84,510$0$4,108,551
67$7,233,324$22,125$0$4,465,326
68$7,902,501$0$0$4,857,578
69$8,637,773$0$0$5,303,441
70$9,445,813$0$0$5,801,245
71$10,333,973$0$0$6,348,466
72$11,310,354$0$0$6,950,101
73$12,383,877$0$0$7,611,657
74$13,564,377$0$0$8,339,201
75$14,862,683$0$0$9,139,415
76$16,290,731$0$0$10,019,663
77$17,861,670$0$0$10,988,060
78$19,589,986$0$0$12,053,545
79$21,491,644$0$0$13,225,967
80$23,584,230$0$0$14,516,180
81$25,887,124$0$0$15,936,141
82$28,421,678$0$0$17,499,026
83$31,211,419$0$0$19,219,354
84$34,282,272$0$0$21,113,121
85$37,662,802$0$0$23,197,954
86$41,384,484$0$0$25,493,276
87$45,481,999$0$0$28,020,488
88$49,993,564$0$0$30,803,174
89$54,961,290$0$0$33,867,318
90$60,431,578$0$0$37,241,554
91$66,455,559$0$0$40,957,436
92$73,089,574$0$0$45,049,730
93$80,395,709$0$0$49,556,750
94$88,442,376$0$0$54,520,712
95$97,304,961$0$0$59,988,137
96$107,066,536$0$0$66,010,288
97$117,818,641$0$0$72,643,655
98$129,662,147$0$0$79,950,485
99$142,708,210$0$0$87,999,373
100$157,079,318$0$0$96,865,906