Can I retire at age 35 with 580,000?

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 $580,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.7%
1 years$47,896$47,469$47,053$46,647$46,250$45,353
2 years$23,711$23,269$22,841$22,426$22,024$21,124
3 years$15,650$15,207$14,780$14,369$13,973$13,098
4 years$11,621$11,179$10,756$10,352$9,966$9,122
5 years$9,204$8,764$8,347$7,951$7,576$6,767
6 years$7,593$7,157$6,746$6,359$5,994$5,220
7 years$6,443$6,010$5,606$5,228$4,875$4,136
8 years$5,580$5,152$4,754$4,385$4,044$3,341
9 years$4,910$4,486$4,095$3,735$3,406$2,737
10 years$4,374$3,954$3,570$3,220$2,902$2,267
11 years$3,936$3,520$3,143$2,802$2,496$1,894
12 years$3,571$3,159$2,789$2,458$2,163$1,593
13 years$3,263$2,855$2,492$2,170$1,886$1,348
14 years$2,998$2,595$2,239$1,926$1,653$1,145
15 years$2,770$2,371$2,022$1,718$1,456$977
16 years$2,570$2,175$1,833$1,538$1,287$836
17 years$2,393$2,003$1,668$1,382$1,141$717
18 years$2,237$1,851$1,522$1,246$1,014$617
19 years$2,097$1,715$1,394$1,125$904$532
20 years$1,971$1,594$1,279$1,019$808$459
21 years$1,858$1,485$1,177$925$723$396
22 years$1,754$1,386$1,084$841$648$343
23 years$1,660$1,296$1,001$766$581$297
24 years$1,574$1,215$926$699$523$258
25 years$1,495$1,140$858$638$470$223
26 years$1,422$1,071$795$583$424$194
27 years$1,355$1,008$739$534$382$168
28 years$1,293$950$687$489$345$146
29 years$1,235$896$639$449$311$127
30 years$1,181$846$595$412$281$111
31 years$1,130$800$555$378$254$96
32 years$1,083$757$518$348$230$84
33 years$1,039$717$483$320$208$73
34 years$997$680$452$294$188$64
35 years$958$645$422$271$171$55
36 years$921$612$395$249$155$48
37 years$886$581$370$230$140$42
38 years$854$552$346$212$127$37
39 years$822$525$324$195$115$32
40 years$793$500$304$180$104$28
41 years$765$476$285$166$95$24
42 years$738$453$267$153$86$21
43 years$713$431$251$142$78$18
44 years$689$411$236$131$71$16
45 years$666$392$221$121$64$14
46 years$644$374$208$111$58$12
47 years$624$357$195$103$53$11
48 years$604$341$183$95$48$9
49 years$585$326$172$88$44$8
50 years$566$311$162$81$40$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $580,000, adding $6,976 every year, while hoping to spend $22,657 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: 76/7/17 Blend
34$580,000$580,000$580,000$580,000
35$646,356$615,616$606,626$692,498
36$688,177$621,674$602,841$730,017
37$733,505$627,270$598,170$767,635
38$782,673$632,357$592,559$808,270
39$836,048$636,885$585,952$852,215
40$894,034$640,801$578,291$899,793
41$957,075$644,050$569,513$951,362
42$1,025,659$646,571$559,554$1,007,315
43$1,100,325$648,301$548,347$1,068,086
44$1,181,662$649,172$535,821$1,134,153
45$1,270,323$649,113$521,903$1,206,042
46$1,367,024$648,047$506,514$1,284,336
47$1,472,552$645,893$489,574$1,369,673
48$1,587,776$642,566$470,999$1,462,761
49$1,713,652$637,974$450,699$1,564,375
50$1,851,230$632,020$428,584$1,675,376
51$2,001,669$624,602$404,555$1,796,706
52$2,166,243$615,612$378,511$1,929,410
53$2,346,357$604,934$350,348$2,074,634
54$2,543,556$592,446$319,956$2,233,647
55$2,759,542$578,019$287,217$2,407,843
56$2,996,189$561,517$252,014$2,598,762
57$3,255,563$542,794$214,219$2,808,100
58$3,539,937$521,697$173,701$3,037,727
59$3,851,814$498,063$130,323$3,289,704
60$4,193,953$471,722$83,943$3,566,303
61$4,569,391$442,492$34,411$3,870,030
62$4,981,476$410,181$0$4,203,645
63$5,433,892$374,585$0$4,573,539
64$5,930,700$335,492$0$4,986,599
65$6,476,374$292,672$0$5,440,306
66$7,075,839$245,889$0$5,938,769
67$7,734,524$194,887$0$6,486,514
68$8,458,409$139,400$0$7,088,531
69$9,254,082$79,145$0$7,750,316
70$10,128,800$13,825$0$8,477,926
71$11,090,560$0$0$9,278,033
72$12,148,170$0$0$10,162,373
73$13,311,338$0$0$11,136,172
74$14,590,757$0$0$12,207,322
75$15,998,209$0$0$13,385,690
76$17,546,675$0$0$14,682,148
77$19,250,459$0$0$16,108,675
78$21,125,321$0$0$17,678,470
79$23,188,626$0$0$19,406,075
80$25,459,506$0$0$21,307,514
81$27,959,044$0$0$23,400,444
82$30,710,468$0$0$25,704,318
83$33,739,375$0$0$28,240,575
84$37,073,968$0$0$31,032,833
85$40,745,325$0$0$34,107,122
86$44,787,690$0$0$37,492,119
87$49,238,795$0$0$41,219,427
88$54,140,221$0$0$45,323,869
89$59,537,782$0$0$49,843,815
90$65,481,965$0$0$54,821,549
91$72,028,402$0$0$60,303,662
92$79,238,394$0$0$66,341,496
93$87,179,493$0$0$72,991,624
94$95,926,136$0$0$80,316,390
95$105,560,348$0$0$88,384,490
96$116,172,517$0$0$97,271,624
97$127,862,245$0$0$107,061,212
98$140,739,289$0$0$117,845,176
99$154,924,597$0$0$129,724,811
100$170,551,449$0$0$142,811,741