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%13.4%
1 years$48,226$47,797$47,377$46,968$46,569$45,911
2 years$23,874$23,430$22,999$22,581$22,176$21,514
3 years$15,758$15,312$14,882$14,468$14,069$13,424
4 years$11,701$11,256$10,830$10,423$10,034$9,411
5 years$9,267$8,825$8,405$8,006$7,628$7,029
6 years$7,645$7,206$6,792$6,403$6,036$5,461
7 years$6,487$6,052$5,644$5,264$4,909$4,358
8 years$5,619$5,187$4,787$4,416$4,072$3,547
9 years$4,944$4,516$4,123$3,761$3,429$2,928
10 years$4,404$3,981$3,594$3,242$2,922$2,445
11 years$3,963$3,544$3,164$2,822$2,513$2,059
12 years$3,596$3,181$2,808$2,475$2,178$1,747
13 years$3,285$2,875$2,509$2,185$1,899$1,490
14 years$3,019$2,613$2,254$1,940$1,665$1,278
15 years$2,789$2,387$2,035$1,730$1,466$1,100
16 years$2,587$2,190$1,845$1,549$1,295$950
17 years$2,410$2,017$1,679$1,392$1,149$822
18 years$2,252$1,864$1,533$1,254$1,021$714
19 years$2,111$1,727$1,403$1,133$910$621
20 years$1,985$1,605$1,288$1,026$813$541
21 years$1,870$1,495$1,185$931$728$472
22 years$1,767$1,396$1,092$847$652$413
23 years$1,672$1,305$1,008$771$585$361
24 years$1,585$1,223$932$703$526$316
25 years$1,506$1,148$864$642$474$277
26 years$1,432$1,079$801$587$427$243
27 years$1,364$1,015$744$538$385$213
28 years$1,302$957$691$493$347$187
29 years$1,243$902$643$452$313$165
30 years$1,189$852$599$415$283$145
31 years$1,138$806$559$381$256$127
32 years$1,090$762$521$350$232$112
33 years$1,046$722$487$322$210$99
34 years$1,004$684$455$296$190$87
35 years$965$649$425$273$172$76
36 years$928$616$398$251$156$67
37 years$893$585$372$231$141$59
38 years$859$556$349$213$128$52
39 years$828$529$327$197$116$46
40 years$798$503$306$181$105$40
41 years$770$479$287$167$95$36
42 years$744$456$269$154$87$31
43 years$718$434$253$143$79$28
44 years$694$414$237$132$71$24
45 years$671$395$223$122$65$22
46 years$649$377$209$112$59$19
47 years$628$360$197$104$53$17
48 years$608$343$185$96$49$15
49 years$589$328$174$89$44$13
50 years$570$313$163$82$40$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $584,000, adding $2,975 every year, while hoping to spend $31,908 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: 59/27/14 Blend
34$584,000$584,000$584,000$584,000
35$646,637$615,685$606,633$682,345
36$678,644$611,903$593,005$703,003
37$712,846$606,867$577,851$721,706
38$749,434$600,481$561,087$741,346
39$788,616$592,645$542,623$762,019
40$830,621$583,250$522,367$783,830
41$875,700$572,185$500,222$806,896
42$924,128$559,329$476,086$831,347
43$976,207$544,554$449,853$857,328
44$1,032,270$527,727$421,413$885,002
45$1,092,681$508,705$390,649$914,548
46$1,157,840$487,337$357,442$946,166
47$1,228,186$463,464$321,663$980,080
48$1,304,204$436,916$283,182$1,016,536
49$1,386,424$407,516$241,859$1,055,809
50$1,475,430$375,076$197,553$1,098,205
51$1,571,864$339,394$150,111$1,144,063
52$1,676,431$300,262$99,376$1,193,759
53$1,789,908$257,455$45,186$1,247,712
54$1,913,147$210,739$0$1,306,384
55$2,047,088$159,865$0$1,372,179
56$2,192,763$104,570$0$1,451,104
57$2,351,308$44,577$0$1,537,063
58$2,523,974$0$0$1,630,785
59$2,712,135$0$0$1,739,139
60$2,917,307$0$0$1,871,774
61$3,141,155$0$0$2,016,529
62$3,385,514$0$0$2,174,593
63$3,652,402$0$0$2,347,281
64$3,944,041$0$0$2,536,035
65$4,262,880$0$0$2,742,445
66$4,611,611$0$0$2,968,264
67$4,993,201$0$0$3,215,418
68$5,410,917$0$0$3,486,029
69$5,868,354$0$0$3,782,437
70$6,369,474$0$0$4,107,214
71$6,918,638$0$0$4,463,195
72$7,520,651$0$0$4,853,504
73$8,180,802$0$0$5,281,579
74$8,904,921$0$0$5,751,208
75$9,699,424$0$0$6,266,562
76$10,571,381$0$0$6,832,237
77$11,528,581$0$0$7,453,296
78$12,579,601$0$0$8,135,314
79$13,733,891$0$0$8,884,434
80$15,001,860$0$0$9,707,423
81$16,394,976$0$0$10,611,735
82$17,925,873$0$0$11,605,582
83$19,608,466$0$0$12,698,013
84$21,458,091$0$0$13,898,995
85$23,491,638$0$0$15,219,509
86$25,727,719$0$0$16,671,654
87$28,186,838$0$0$18,268,760
88$30,891,586$0$0$20,025,514
89$33,866,854$0$0$21,958,097
90$37,140,065$0$0$24,084,338
91$40,741,436$0$0$26,423,880
92$44,704,259$0$0$28,998,369
93$49,065,217$0$0$31,831,651
94$53,864,727$0$0$34,950,006
95$59,147,326$0$0$38,382,385
96$64,962,084$0$0$42,160,693
97$71,363,072$0$0$46,320,082
98$78,409,869$0$0$50,899,288
99$86,168,124$0$0$55,940,991
100$94,710,175$0$0$61,492,222