Can I retire at age 35 with 540,000?

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 $540,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.6%
1 years$44,593$44,195$43,808$43,430$43,060$42,071
2 years$22,076$21,664$21,266$20,880$20,505$19,513
3 years$14,571$14,158$13,761$13,378$13,009$12,047
4 years$10,819$10,408$10,014$9,638$9,278$8,352
5 years$8,569$8,160$7,771$7,403$7,053$6,166
6 years$7,069$6,663$6,280$5,920$5,581$4,734
7 years$5,998$5,596$5,219$4,867$4,539$3,732
8 years$5,195$4,796$4,426$4,083$3,765$2,998
9 years$4,571$4,176$3,812$3,478$3,171$2,443
10 years$4,072$3,681$3,324$2,998$2,702$2,012
11 years$3,665$3,277$2,926$2,609$2,324$1,671
12 years$3,325$2,941$2,597$2,289$2,014$1,398
13 years$3,038$2,658$2,320$2,020$1,756$1,175
14 years$2,792$2,416$2,085$1,794$1,539$993
15 years$2,579$2,207$1,882$1,599$1,355$842
16 years$2,392$2,025$1,706$1,432$1,198$716
17 years$2,228$1,865$1,553$1,287$1,062$610
18 years$2,083$1,723$1,417$1,160$944$521
19 years$1,952$1,597$1,298$1,048$842$446
20 years$1,835$1,484$1,191$949$752$382
21 years$1,730$1,382$1,095$861$673$328
22 years$1,633$1,290$1,010$783$603$282
23 years$1,546$1,207$932$713$541$243
24 years$1,466$1,131$862$650$487$209
25 years$1,392$1,061$798$594$438$180
26 years$1,324$997$741$543$394$155
27 years$1,262$939$688$497$356$134
28 years$1,204$884$639$456$321$115
29 years$1,150$834$595$418$290$100
30 years$1,099$788$554$383$262$86
31 years$1,052$745$517$352$237$74
32 years$1,008$705$482$324$214$64
33 years$967$668$450$298$194$55
34 years$928$633$420$274$175$48
35 years$892$600$393$252$159$41
36 years$858$570$368$232$144$36
37 years$825$541$344$214$130$31
38 years$795$514$322$197$118$27
39 years$766$489$302$182$107$23
40 years$738$465$283$168$97$20
41 years$712$443$265$155$88$17
42 years$687$422$249$143$80$15
43 years$664$402$234$132$73$13
44 years$642$383$219$122$66$11
45 years$620$365$206$112$60$10
46 years$600$348$193$104$54$8
47 years$581$332$182$96$49$7
48 years$562$317$171$89$45$6
49 years$544$303$160$82$41$5
50 years$527$289$151$76$37$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $540,000, adding $5,293 every year, while hoping to spend $22,343 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: 42/44/14 Blend
34$540,000$540,000$540,000$540,000
35$600,540$571,920$563,550$623,092
36$638,022$576,171$558,656$643,714
37$678,579$579,882$552,849$663,410
38$722,500$583,002$546,076$684,251
39$770,104$585,478$538,278$706,354
40$821,742$587,254$529,398$729,846
41$877,799$588,269$519,372$754,868
42$938,699$588,459$508,136$781,578
43$1,004,910$587,757$495,622$810,150
44$1,076,943$586,090$481,758$840,779
45$1,155,365$583,381$466,470$873,679
46$1,240,795$579,550$449,680$909,090
47$1,333,918$574,510$431,306$947,277
48$1,435,486$568,169$411,263$988,533
49$1,546,328$560,432$389,463$1,033,185
50$1,667,355$551,194$365,811$1,081,592
51$1,799,570$540,348$340,211$1,134,157
52$1,944,080$527,778$312,562$1,191,321
53$2,102,099$513,362$282,755$1,253,577
54$2,274,967$496,971$250,682$1,321,469
55$2,464,159$478,469$216,225$1,395,600
56$2,671,299$457,709$179,265$1,476,636
57$2,898,175$434,540$139,673$1,565,317
58$3,146,756$408,800$97,319$1,662,461
59$3,419,210$380,316$52,065$1,768,971
60$3,717,927$348,909$3,766$1,885,850
61$4,045,536$314,386$0$2,014,205
62$4,404,936$276,546$0$2,162,398
63$4,799,317$235,175$0$2,325,711
64$5,232,195$190,046$0$2,505,104
65$5,707,442$140,921$0$2,702,258
66$6,229,323$87,548$0$2,919,032
67$6,802,538$29,662$0$3,157,477
68$7,432,261$0$0$3,419,859
69$8,124,197$0$0$3,724,667
70$8,884,626$0$0$4,075,505
71$9,720,469$0$0$4,461,212
72$10,639,351$0$0$4,885,316
73$11,649,671$0$0$5,351,704
74$12,760,686$0$0$5,864,659
75$13,982,590$0$0$6,428,898
76$15,326,618$0$0$7,049,620
77$16,805,148$0$0$7,732,552
78$18,431,818$0$0$8,484,005
79$20,221,653$0$0$9,310,932
80$22,191,209$0$0$10,220,996
81$24,358,730$0$0$11,222,636
82$26,744,313$0$0$12,325,156
83$29,370,108$0$0$13,538,803
84$32,260,516$0$0$14,874,872
85$35,442,428$0$0$16,345,805
86$38,945,473$0$0$17,965,316
87$42,802,297$0$0$19,748,512
88$47,048,875$0$0$21,712,042
89$51,724,848$0$0$23,874,251
90$56,873,895$0$0$26,255,355
91$62,544,148$0$0$28,877,628
92$68,788,644$0$0$31,765,615
93$75,665,826$0$0$34,946,366
94$83,240,093$0$0$38,449,683
95$91,582,411$0$0$42,308,411
96$100,770,978$0$0$46,558,741
97$110,891,965$0$0$51,240,552
98$122,040,326$0$0$56,397,792
99$134,320,697$0$0$62,078,887
100$147,848,382$0$0$68,337,203