Can I retire at age 35 with 542,000?

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 $542,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.5%
1 years$44,758$44,359$43,970$43,591$43,220$41,903
2 years$22,157$21,745$21,345$20,957$20,581$19,266
3 years$14,625$14,210$13,811$13,427$13,057$11,785
4 years$10,859$10,446$10,051$9,674$9,313$8,093
5 years$8,601$8,190$7,800$7,430$7,079$5,915
6 years$7,095$6,688$6,304$5,942$5,602$4,494
7 years$6,020$5,616$5,238$4,885$4,556$3,505
8 years$5,215$4,814$4,443$4,098$3,779$2,785
9 years$4,588$4,192$3,826$3,491$3,183$2,243
10 years$4,088$3,695$3,336$3,009$2,712$1,826
11 years$3,678$3,289$2,937$2,619$2,332$1,498
12 years$3,337$2,952$2,606$2,297$2,021$1,238
13 years$3,049$2,668$2,329$2,028$1,762$1,027
14 years$2,802$2,425$2,092$1,800$1,545$857
15 years$2,588$2,215$1,889$1,605$1,360$716
16 years$2,401$2,033$1,713$1,437$1,202$601
17 years$2,237$1,872$1,559$1,292$1,066$505
18 years$2,090$1,730$1,423$1,164$948$426
19 years$1,960$1,603$1,302$1,052$845$359
20 years$1,842$1,490$1,195$953$755$303
21 years$1,736$1,388$1,099$864$675$257
22 years$1,640$1,295$1,013$786$605$217
23 years$1,552$1,211$936$716$543$184
24 years$1,471$1,135$865$653$488$156
25 years$1,397$1,065$801$596$439$132
26 years$1,329$1,001$743$545$396$112
27 years$1,266$942$690$499$357$95
28 years$1,208$888$642$457$322$81
29 years$1,154$837$597$419$291$69
30 years$1,103$791$556$385$263$59
31 years$1,056$748$519$353$238$50
32 years$1,012$707$484$325$215$42
33 years$971$670$452$299$194$36
34 years$932$635$422$275$176$31
35 years$895$602$395$253$159$26
36 years$861$572$369$233$144$22
37 years$828$543$345$215$131$19
38 years$798$516$324$198$119$16
39 years$769$491$303$182$108$14
40 years$741$467$284$168$98$12
41 years$715$444$266$155$89$10
42 years$690$423$250$143$80$8
43 years$666$403$234$132$73$7
44 years$644$384$220$122$66$6
45 years$623$367$207$113$60$5
46 years$602$350$194$104$55$4
47 years$583$334$182$96$50$4
48 years$564$319$171$89$45$3
49 years$546$304$161$82$41$3
50 years$529$291$151$76$37$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $542,000, adding $3,308 every year, while hoping to spend $21,016 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: 56/31/13 Blend
34$542,000$542,000$542,000$542,000
35$600,696$571,970$563,569$632,157
36$639,606$577,636$560,088$659,520
37$681,781$582,875$555,786$686,727
38$727,531$587,644$550,613$715,871
39$777,198$591,897$544,517$747,143
40$831,158$595,586$537,444$780,752
41$889,824$598,658$529,337$816,927
42$953,652$601,058$520,135$855,923
43$1,023,142$602,727$509,777$898,023
44$1,098,845$603,603$498,197$943,537
45$1,181,366$603,619$485,326$992,808
46$1,271,374$602,705$471,093$1,046,215
47$1,369,602$600,785$455,422$1,104,178
48$1,476,858$597,781$438,236$1,167,158
49$1,594,033$593,607$419,452$1,235,666
50$1,722,106$588,175$398,985$1,310,266
51$1,862,154$581,389$376,745$1,391,582
52$2,015,366$573,150$352,638$1,480,299
53$2,183,048$563,349$326,566$1,577,178
54$2,366,641$551,875$298,428$1,683,057
55$2,567,729$538,608$268,116$1,798,860
56$2,788,059$523,420$235,519$1,925,609
57$3,029,552$506,179$200,520$2,064,431
58$3,294,327$486,743$162,998$2,216,570
59$3,584,715$464,960$122,825$2,383,400
60$3,903,285$440,672$79,869$2,566,437
61$4,252,867$413,712$33,992$2,767,353
62$4,636,576$383,901$0$2,987,995
63$5,057,847$351,051$0$3,232,477
64$5,520,459$314,965$0$3,506,135
65$6,028,580$275,432$0$3,806,754
66$6,586,797$232,231$0$4,137,093
67$7,200,167$185,126$0$4,500,194
68$7,874,258$133,872$0$4,899,416
69$8,615,206$78,205$0$5,338,458
70$9,429,771$17,851$0$5,821,402
71$10,325,400$0$0$6,352,750
72$11,310,297$0$0$6,953,662
73$12,393,502$0$0$7,621,306
74$13,584,975$0$0$8,355,738
75$14,895,690$0$0$9,163,730
76$16,337,736$0$0$10,052,742
77$17,924,436$0$0$11,030,993
78$19,670,467$0$0$12,107,542
79$21,592,002$0$0$13,292,368
80$23,706,860$0$0$14,596,466
81$26,034,677$0$0$16,031,953
82$28,597,088$0$0$17,612,179
83$31,417,931$0$0$19,351,854
84$34,523,474$0$0$21,267,188
85$37,942,662$0$0$23,376,042
86$41,707,386$0$0$25,698,097
87$45,852,792$0$0$28,255,038
88$50,417,604$0$0$31,070,763
89$55,444,493$0$0$34,171,604
90$60,980,480$0$0$37,586,577
91$67,077,378$0$0$41,347,655
92$73,792,282$0$0$45,490,072
93$81,188,106$0$0$50,052,651
94$89,334,178$0$0$55,078,175
95$98,306,892$0$0$60,613,787
96$108,190,434$0$0$66,711,437
97$119,077,568$0$0$73,428,372
98$131,070,519$0$0$80,827,673
99$144,281,933$0$0$88,978,856
100$158,835,941$0$0$97,958,522