Can I retire at age 35 with 581,000?

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 $581,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.5%
1 years$47,978$47,551$47,134$46,727$46,330$45,656
2 years$23,752$23,309$22,881$22,465$22,062$21,385
3 years$15,677$15,233$14,805$14,394$13,997$13,337
4 years$11,641$11,198$10,774$10,370$9,983$9,346
5 years$9,219$8,779$8,361$7,965$7,589$6,976
6 years$7,606$7,169$6,757$6,370$6,005$5,417
7 years$6,454$6,020$5,615$5,237$4,883$4,321
8 years$5,590$5,161$4,762$4,393$4,051$3,514
9 years$4,919$4,493$4,102$3,742$3,412$2,899
10 years$4,382$3,961$3,576$3,226$2,907$2,419
11 years$3,943$3,526$3,148$2,807$2,500$2,036
12 years$3,577$3,165$2,794$2,462$2,167$1,726
13 years$3,268$2,860$2,496$2,174$1,889$1,472
14 years$3,004$2,600$2,243$1,930$1,656$1,261
15 years$2,774$2,375$2,025$1,721$1,458$1,085
16 years$2,574$2,179$1,836$1,541$1,289$936
17 years$2,397$2,007$1,671$1,384$1,143$810
18 years$2,241$1,854$1,525$1,248$1,016$703
19 years$2,101$1,718$1,396$1,127$906$611
20 years$1,975$1,597$1,281$1,021$809$532
21 years$1,861$1,487$1,179$927$724$464
22 years$1,758$1,388$1,086$843$649$405
23 years$1,663$1,299$1,003$767$582$354
24 years$1,577$1,217$928$700$524$310
25 years$1,498$1,142$859$639$471$271
26 years$1,425$1,073$797$584$424$238
27 years$1,357$1,010$740$535$383$209
28 years$1,295$952$688$490$345$183
29 years$1,237$898$640$449$312$161
30 years$1,183$848$596$412$282$141
31 years$1,132$801$556$379$255$124
32 years$1,085$758$519$348$230$109
33 years$1,040$718$484$320$208$96
34 years$999$681$452$295$189$84
35 years$960$646$423$271$171$74
36 years$923$613$396$250$155$65
37 years$888$582$370$230$140$57
38 years$855$553$347$212$127$51
39 years$824$526$325$196$115$44
40 years$794$500$305$180$105$39
41 years$766$476$286$166$95$34
42 years$740$454$268$154$86$30
43 years$714$432$251$142$78$27
44 years$690$412$236$131$71$24
45 years$667$393$222$121$64$21
46 years$645$375$208$112$59$18
47 years$625$358$195$103$53$16
48 years$605$341$184$95$48$14
49 years$586$326$173$88$44$12
50 years$567$311$162$81$40$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $581,000, adding $5,810 every year, while hoping to spend $39,830 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: 56/30/14 Blend
34$581,000$581,000$581,000$581,000
35$646,255$615,462$606,457$679,792
36$669,794$603,241$584,394$690,982
37$694,399$589,086$560,257$698,321
38$720,138$572,860$533,935$705,395
39$747,080$554,419$505,311$712,186
40$775,306$533,610$474,263$718,676
41$804,900$510,269$440,663$724,848
42$835,954$484,226$404,379$730,685
43$868,567$455,299$365,272$736,172
44$902,848$423,296$323,195$741,295
45$938,915$388,014$277,999$746,041
46$976,895$349,238$229,523$750,398
47$1,016,930$306,742$177,603$754,358
48$1,059,170$260,286$122,067$757,913
49$1,103,782$209,616$62,733$761,062
50$1,150,947$154,466$0$763,803
51$1,200,862$94,553$0$766,231
52$1,253,742$29,579$0$778,272
53$1,309,824$0$0$790,592
54$1,369,364$0$0$816,705
55$1,432,644$0$0$854,863
56$1,499,972$0$0$895,492
57$1,571,686$0$0$938,797
58$1,648,154$0$0$985,007
59$1,729,781$0$0$1,034,369
60$1,817,009$0$0$1,087,156
61$1,910,324$0$0$1,143,667
62$2,010,260$0$0$1,204,229
63$2,117,398$0$0$1,269,202
64$2,232,381$0$0$1,338,979
65$2,355,910$0$0$1,413,993
66$2,488,758$0$0$1,494,720
67$2,631,772$0$0$1,581,681
68$2,785,881$0$0$1,675,448
69$2,952,109$0$0$1,776,651
70$3,131,577$0$0$1,885,982
71$3,325,518$0$0$2,004,200
72$3,535,289$0$0$2,132,141
73$3,762,380$0$0$2,270,722
74$4,008,428$0$0$2,420,953
75$4,275,235$0$0$2,583,944
76$4,564,782$0$0$2,760,916
77$4,879,247$0$0$2,953,211
78$5,221,027$0$0$3,162,308
79$5,592,757$0$0$3,389,829
80$5,997,337$0$0$3,637,565
81$6,437,960$0$0$3,907,481
82$6,918,137$0$0$4,201,744
83$7,441,732$0$0$4,522,736
84$8,012,999$0$0$4,873,081
85$8,636,619$0$0$5,255,665
86$9,317,748$0$0$5,673,666
87$10,062,057$0$0$6,130,585
88$10,875,794$0$0$6,630,272
89$11,765,835$0$0$7,176,971
90$12,739,753$0$0$7,775,350
91$13,805,886$0$0$8,430,554
92$14,973,414$0$0$9,148,245
93$16,252,449$0$0$9,934,660
94$17,654,125$0$0$10,796,668
95$19,190,706$0$0$11,741,835
96$20,875,698$0$0$12,778,492
97$22,723,977$0$0$13,915,815
98$24,751,928$0$0$15,163,914
99$26,977,597$0$0$16,533,923
100$29,420,866$0$0$18,038,107