Can I retire at age 35 with 584,000?

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 $584,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.7%
1 years$48,226$47,797$47,377$46,968$46,569$45,480
2 years$23,874$23,430$22,999$22,581$22,176$21,085
3 years$15,758$15,312$14,882$14,468$14,069$13,010
4 years$11,701$11,256$10,830$10,423$10,034$9,016
5 years$9,267$8,825$8,405$8,006$7,628$6,653
6 years$7,645$7,206$6,792$6,403$6,036$5,105
7 years$6,487$6,052$5,644$5,264$4,909$4,022
8 years$5,619$5,187$4,787$4,416$4,072$3,229
9 years$4,944$4,516$4,123$3,761$3,429$2,630
10 years$4,404$3,981$3,594$3,242$2,922$2,165
11 years$3,963$3,544$3,164$2,822$2,513$1,797
12 years$3,596$3,181$2,808$2,475$2,178$1,502
13 years$3,285$2,875$2,509$2,185$1,899$1,262
14 years$3,019$2,613$2,254$1,940$1,665$1,065
15 years$2,789$2,387$2,035$1,730$1,466$902
16 years$2,587$2,190$1,845$1,549$1,295$767
17 years$2,410$2,017$1,679$1,392$1,149$653
18 years$2,252$1,864$1,533$1,254$1,021$558
19 years$2,111$1,727$1,403$1,133$910$477
20 years$1,985$1,605$1,288$1,026$813$409
21 years$1,870$1,495$1,185$931$728$350
22 years$1,767$1,396$1,092$847$652$301
23 years$1,672$1,305$1,008$771$585$259
24 years$1,585$1,223$932$703$526$222
25 years$1,506$1,148$864$642$474$191
26 years$1,432$1,079$801$587$427$165
27 years$1,364$1,015$744$538$385$142
28 years$1,302$957$691$493$347$122
29 years$1,243$902$643$452$313$106
30 years$1,189$852$599$415$283$91
31 years$1,138$806$559$381$256$79
32 years$1,090$762$521$350$232$68
33 years$1,046$722$487$322$210$59
34 years$1,004$684$455$296$190$51
35 years$965$649$425$273$172$44
36 years$928$616$398$251$156$38
37 years$893$585$372$231$141$33
38 years$859$556$349$213$128$28
39 years$828$529$327$197$116$24
40 years$798$503$306$181$105$21
41 years$770$479$287$167$95$18
42 years$744$456$269$154$87$16
43 years$718$434$253$143$79$14
44 years$694$414$237$132$71$12
45 years$671$395$223$122$65$10
46 years$649$377$209$112$59$9
47 years$628$360$197$104$53$8
48 years$608$343$185$96$49$7
49 years$589$328$174$89$44$6
50 years$570$313$163$82$40$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $584,000, adding $6,334 every year, while hoping to spend $48,817 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: 46/40/14 Blend
34$584,000$584,000$584,000$584,000
35$650,102$619,150$610,098$677,154
36$664,471$597,547$578,595$674,980
37$678,670$573,250$544,401$667,152
38$692,630$546,074$507,373$657,588
39$706,272$515,826$467,365$646,147
40$719,511$482,301$424,220$632,675
41$732,247$445,280$377,778$617,010
42$744,373$404,534$327,870$598,975
43$755,764$359,822$274,319$578,380
44$766,284$310,885$216,941$555,022
45$775,780$257,454$155,544$528,682
46$784,082$199,242$89,927$499,124
47$791,000$135,946$19,881$466,096
48$796,322$67,248$0$429,324
49$799,814$0$0$396,712
50$801,212$0$0$366,614
51$800,228$0$0$364,870
52$796,538$0$0$361,714
53$789,784$0$0$356,966
54$779,569$0$0$350,421
55$765,453$0$0$341,855
56$746,947$0$0$331,020
57$723,512$0$0$317,640
58$694,548$0$0$301,410
59$659,393$0$0$281,993
60$617,313$0$0$259,016
61$567,497$0$0$232,065
62$509,047$0$0$200,684
63$440,970$0$0$164,367
64$362,170$0$0$122,558
65$271,433$0$0$74,639
66$167,419$0$0$19,929
67$48,647$0$0$0
68$0$0$0$0
69$0$0$0$0
70$0$0$0$0
71$0$0$0$0
72$0$0$0$0
73$0$0$0$0
74$0$0$0$0
75$0$0$0$0
76$0$0$0$0
77$0$0$0$0
78$0$0$0$0
79$0$0$0$0
80$0$0$0$0
81$0$0$0$0
82$0$0$0$0
83$0$0$0$0
84$0$0$0$0
85$0$0$0$0
86$0$0$0$0
87$0$0$0$0
88$0$0$0$0
89$0$0$0$0
90$0$0$0$0
91$0$0$0$0
92$0$0$0$0
93$0$0$0$0
94$0$0$0$0
95$0$0$0$0
96$0$0$0$0
97$0$0$0$0
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0