Can I retire at age 35 with 582,000?

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 $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%19.5%
1 years$48,061$47,633$47,215$46,808$46,409$44,639
2 years$23,793$23,349$22,920$22,504$22,100$20,337
3 years$15,704$15,259$14,831$14,418$14,021$12,321
4 years$11,661$11,217$10,793$10,388$10,000$8,376
5 years$9,235$8,794$8,376$7,979$7,602$6,058
6 years$7,619$7,181$6,769$6,381$6,015$4,552
7 years$6,465$6,031$5,625$5,246$4,892$3,510
8 years$5,600$5,169$4,770$4,401$4,058$2,756
9 years$4,927$4,501$4,109$3,748$3,418$2,193
10 years$4,389$3,967$3,582$3,231$2,912$1,763
11 years$3,950$3,532$3,154$2,812$2,504$1,428
12 years$3,583$3,170$2,799$2,467$2,170$1,164
13 years$3,274$2,865$2,501$2,178$1,893$953
14 years$3,009$2,604$2,247$1,933$1,659$783
15 years$2,779$2,379$2,028$1,724$1,461$646
16 years$2,578$2,183$1,839$1,544$1,291$534
17 years$2,402$2,010$1,674$1,387$1,145$443
18 years$2,245$1,857$1,528$1,250$1,018$367
19 years$2,104$1,721$1,399$1,129$907$305
20 years$1,978$1,600$1,284$1,023$810$254
21 years$1,864$1,490$1,181$928$725$212
22 years$1,761$1,391$1,088$844$650$176
23 years$1,666$1,301$1,005$769$583$147
24 years$1,580$1,219$929$701$524$123
25 years$1,500$1,144$861$640$472$102
26 years$1,427$1,075$798$585$425$86
27 years$1,360$1,012$741$536$383$72
28 years$1,297$953$689$491$346$60
29 years$1,239$899$641$450$312$50
30 years$1,185$849$597$413$282$42
31 years$1,134$803$557$379$255$35
32 years$1,087$760$519$349$231$29
33 years$1,042$719$485$321$209$24
34 years$1,001$682$453$295$189$20
35 years$961$647$424$272$171$17
36 years$924$614$396$250$155$14
37 years$889$583$371$230$141$12
38 years$856$554$347$212$127$10
39 years$825$527$325$196$116$8
40 years$796$501$305$181$105$7
41 years$768$477$286$167$95$6
42 years$741$454$268$154$86$5
43 years$716$433$252$142$78$4
44 years$691$413$236$131$71$3
45 years$669$394$222$121$65$3
46 years$647$375$208$112$59$2
47 years$626$358$196$103$53$2
48 years$606$342$184$95$48$2
49 years$587$327$173$88$44$1
50 years$568$312$163$82$40$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $582,000, adding $2,678 every year, while hoping to spend $31,821 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: 46/24/30 Blend
34$582,000$582,000$582,000$582,000
35$644,126$613,280$604,259$668,081
36$675,970$609,474$590,645$681,560
37$709,995$604,414$575,508$692,914
38$746,391$598,007$558,763$704,635
39$785,364$590,150$540,323$716,774
40$827,142$580,738$520,095$729,391
41$871,974$569,658$497,981$742,555
42$920,133$556,789$473,882$756,341
43$971,920$542,006$447,690$770,839
44$1,027,664$525,172$419,296$786,146
45$1,087,728$506,147$388,584$802,375
46$1,152,508$484,780$355,433$819,653
47$1,222,441$460,912$319,718$838,120
48$1,298,007$434,373$281,306$857,938
49$1,379,733$404,988$240,059$879,287
50$1,468,200$372,566$195,835$902,368
51$1,564,044$336,909$148,483$927,408
52$1,667,965$297,806$97,846$954,660
53$1,780,735$255,036$43,761$984,409
54$1,903,200$208,363$0$1,016,972
55$2,036,293$157,540$0$1,057,171
56$2,181,039$102,303$0$1,116,176
57$2,338,566$42,377$0$1,180,464
58$2,510,115$0$0$1,250,590
59$2,697,052$0$0$1,333,121
60$2,900,881$0$0$1,435,372
61$3,123,254$0$0$1,546,991
62$3,365,994$0$0$1,668,898
63$3,631,105$0$0$1,802,111
64$3,920,793$0$0$1,947,744
65$4,237,488$0$0$2,107,030
66$4,583,863$0$0$2,281,322
67$4,962,865$0$0$2,472,113
68$5,377,736$0$0$2,681,043
69$5,832,047$0$0$2,909,924
70$6,329,729$0$0$3,160,745
71$6,875,113$0$0$3,435,702
72$7,472,969$0$0$3,737,210
73$8,128,549$0$0$4,067,931
74$8,847,638$0$0$4,430,795
75$9,636,609$0$0$4,829,031
76$10,502,479$0$0$5,266,195
77$11,452,981$0$0$5,746,205
78$12,496,630$0$0$6,273,376
79$13,642,809$0$0$6,852,463
80$14,901,850$0$0$7,488,700
81$16,285,139$0$0$8,187,859
82$17,805,217$0$0$8,956,294
83$19,475,902$0$0$9,801,007
84$21,312,415$0$0$10,729,713
85$23,331,526$0$0$11,750,911
86$25,551,712$0$0$12,873,964
87$27,993,328$0$0$14,109,188
88$30,678,803$0$0$15,467,952
89$33,632,846$0$0$16,962,777
90$36,882,683$0$0$18,607,463
91$40,458,310$0$0$20,417,214
92$44,392,780$0$0$22,408,780
93$48,722,509$0$0$24,600,619
94$53,487,623$0$0$27,013,070
95$58,732,334$0$0$29,668,542
96$64,505,358$0$0$32,591,725
97$70,860,374$0$0$35,809,829
98$77,856,529$0$0$39,352,833
99$85,558,996$0$0$43,253,770
100$94,039,590$0$0$47,549,042