Can I retire at age 35 with 582,000?

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 $582,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.3%
1 years$48,061$47,633$47,215$46,808$46,409$46,156
2 years$23,793$23,349$22,920$22,504$22,100$21,844
3 years$15,704$15,259$14,831$14,418$14,021$13,771
4 years$11,661$11,217$10,793$10,388$10,000$9,757
5 years$9,235$8,794$8,376$7,979$7,602$7,367
6 years$7,619$7,181$6,769$6,381$6,015$5,789
7 years$6,465$6,031$5,625$5,246$4,892$4,674
8 years$5,600$5,169$4,770$4,401$4,058$3,850
9 years$4,927$4,501$4,109$3,748$3,418$3,218
10 years$4,389$3,967$3,582$3,231$2,912$2,721
11 years$3,950$3,532$3,154$2,812$2,504$2,321
12 years$3,583$3,170$2,799$2,467$2,170$1,996
13 years$3,274$2,865$2,501$2,178$1,893$1,726
14 years$3,009$2,604$2,247$1,933$1,659$1,500
15 years$2,779$2,379$2,028$1,724$1,461$1,310
16 years$2,578$2,183$1,839$1,544$1,291$1,147
17 years$2,402$2,010$1,674$1,387$1,145$1,008
18 years$2,245$1,857$1,528$1,250$1,018$889
19 years$2,104$1,721$1,399$1,129$907$785
20 years$1,978$1,600$1,284$1,023$810$695
21 years$1,864$1,490$1,181$928$725$616
22 years$1,761$1,391$1,088$844$650$547
23 years$1,666$1,301$1,005$769$583$486
24 years$1,580$1,219$929$701$524$433
25 years$1,500$1,144$861$640$472$385
26 years$1,427$1,075$798$585$425$344
27 years$1,360$1,012$741$536$383$307
28 years$1,297$953$689$491$346$274
29 years$1,239$899$641$450$312$245
30 years$1,185$849$597$413$282$219
31 years$1,134$803$557$379$255$196
32 years$1,087$760$519$349$231$175
33 years$1,042$719$485$321$209$157
34 years$1,001$682$453$295$189$141
35 years$961$647$424$272$171$126
36 years$924$614$396$250$155$113
37 years$889$583$371$230$141$101
38 years$856$554$347$212$127$91
39 years$825$527$325$196$116$81
40 years$796$501$305$181$105$73
41 years$768$477$286$167$95$66
42 years$741$454$268$154$86$59
43 years$716$433$252$142$78$53
44 years$691$413$236$131$71$47
45 years$669$394$222$121$65$43
46 years$647$375$208$112$59$38
47 years$626$358$196$103$53$34
48 years$606$342$184$95$48$31
49 years$587$327$173$88$44$28
50 years$568$312$163$82$40$25

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $582,000, adding $2,812 every year, while hoping to spend $31,543 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: 40/49/11 Blend
34$582,000$582,000$582,000$582,000
35$644,265$613,419$604,398$667,807
36$676,418$609,915$591,083$681,163
37$710,794$605,182$576,266$692,271
38$747,586$599,126$559,862$703,587
39$787,006$591,650$541,783$715,141
40$829,286$582,646$521,938$726,974
41$874,682$572,005$500,232$739,129
42$923,474$559,607$476,564$751,658
43$975,969$545,329$450,830$764,621
44$1,032,505$529,038$422,921$778,085
45$1,093,453$510,593$392,721$792,130
46$1,159,221$489,847$360,112$806,845
47$1,230,254$466,643$324,969$822,333
48$1,307,047$440,815$287,162$838,711
49$1,390,138$412,187$246,554$856,111
50$1,480,123$380,575$203,004$874,684
51$1,577,653$345,781$156,363$894,601
52$1,683,449$307,599$106,476$916,054
53$1,798,299$265,810$53,182$939,260
54$1,923,073$220,182$0$964,464
55$2,058,726$170,471$0$992,376
56$2,206,310$116,418$0$1,029,562
57$2,366,982$57,751$0$1,070,141
58$2,542,015$0$0$1,114,529
59$2,732,810$0$0$1,166,322
60$2,940,908$0$0$1,256,845
61$3,168,006$0$0$1,355,706
62$3,415,973$0$0$1,463,726
63$3,686,865$0$0$1,581,811
64$3,982,946$0$0$1,710,958
65$4,306,707$0$0$1,852,263
66$4,660,894$0$0$2,006,935
67$5,048,526$0$0$2,176,305
68$5,472,933$0$0$2,361,837
69$5,937,776$0$0$2,565,145
70$6,447,092$0$0$2,788,006
71$7,005,323$0$0$3,032,378
72$7,617,364$0$0$3,300,415
73$8,288,604$0$0$3,594,492
74$9,024,980$0$0$3,917,224
75$9,833,030$0$0$4,271,491
76$10,719,959$0$0$4,660,468
77$11,693,698$0$0$5,087,648
78$12,762,989$0$0$5,556,883
79$13,937,458$0$0$6,072,414
80$15,227,712$0$0$6,638,915
81$16,645,433$0$0$7,261,532
82$18,203,493$0$0$7,945,938
83$19,916,072$0$0$8,698,381
84$21,798,793$0$0$9,525,745
85$23,868,867$0$0$10,435,614
86$26,145,257$0$0$11,436,344
87$28,648,853$0$0$12,537,142
88$31,402,675$0$0$13,748,152
89$34,432,084$0$0$15,080,549
90$37,765,021$0$0$16,546,649
91$41,432,276$0$0$18,160,020
92$45,467,770$0$0$19,935,611
93$49,908,881$0$0$21,889,895
94$54,796,792$0$0$24,041,023
95$60,176,881$0$0$26,408,994
96$66,099,151$0$0$29,015,846
97$72,618,696$0$0$31,885,860
98$79,796,223$0$0$35,045,794
99$87,698,626$0$0$38,525,129
100$96,399,614$0$0$42,356,354