Can I retire at age 35 with 545,000?

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 $545,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.9%
1 years$45,006$44,605$44,214$43,832$43,459$43,113
2 years$22,280$21,865$21,463$21,073$20,695$20,346
3 years$14,706$14,289$13,888$13,502$13,130$12,789
4 years$10,919$10,504$10,107$9,727$9,364$9,034
5 years$8,648$8,235$7,843$7,471$7,118$6,800
6 years$7,135$6,725$6,339$5,975$5,633$5,326
7 years$6,054$5,647$5,267$4,912$4,581$4,286
8 years$5,244$4,841$4,467$4,121$3,800$3,518
9 years$4,614$4,215$3,848$3,510$3,200$2,930
10 years$4,110$3,715$3,354$3,026$2,727$2,469
11 years$3,698$3,307$2,953$2,633$2,345$2,099
12 years$3,356$2,969$2,621$2,310$2,032$1,797
13 years$3,066$2,683$2,342$2,039$1,772$1,549
14 years$2,817$2,438$2,104$1,810$1,553$1,341
15 years$2,602$2,228$1,900$1,614$1,368$1,166
16 years$2,415$2,044$1,722$1,445$1,209$1,017
17 years$2,249$1,882$1,567$1,299$1,072$890
18 years$2,102$1,739$1,431$1,170$953$781
19 years$1,970$1,612$1,310$1,058$849$687
20 years$1,852$1,498$1,202$958$759$605
21 years$1,746$1,395$1,106$869$679$534
22 years$1,649$1,302$1,019$790$609$472
23 years$1,560$1,218$941$720$546$418
24 years$1,479$1,141$870$657$491$370
25 years$1,405$1,071$806$600$442$328
26 years$1,337$1,007$747$548$398$291
27 years$1,273$947$694$502$359$259
28 years$1,215$893$645$460$324$230
29 years$1,160$842$600$422$292$205
30 years$1,109$795$559$387$264$182
31 years$1,062$752$521$355$239$162
32 years$1,018$711$486$327$216$144
33 years$976$674$454$300$196$129
34 years$937$639$424$276$177$115
35 years$900$606$397$254$160$102
36 years$866$575$371$234$145$91
37 years$833$546$347$216$132$81
38 years$802$519$325$199$119$73
39 years$773$493$305$183$108$65
40 years$745$469$286$169$98$58
41 years$719$447$268$156$89$52
42 years$694$426$251$144$81$46
43 years$670$405$236$133$73$41
44 years$648$386$221$123$67$37
45 years$626$369$208$113$60$33
46 years$605$352$195$105$55$29
47 years$586$336$183$97$50$26
48 years$567$320$172$89$45$23
49 years$549$306$162$83$41$21
50 years$532$292$152$76$37$19

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $545,000, adding $6,830 every year, while hoping to spend $39,250 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: 80/15/5 Blend
34$545,000$545,000$545,000$545,000
35$607,635$578,750$570,303$655,589
36$627,852$565,347$547,646$674,556
37$648,816$549,972$522,915$689,460
38$670,561$532,487$495,999$704,611
39$693,125$512,745$466,781$720,014
40$716,546$490,592$435,140$735,672
41$740,867$465,864$400,951$751,590
42$766,132$438,388$364,080$767,775
43$792,390$407,982$324,389$784,232
44$819,692$374,451$281,734$800,969
45$848,092$337,591$235,964$817,995
46$877,651$297,186$186,922$835,319
47$908,430$253,007$134,443$852,954
48$940,499$204,813$78,356$870,912
49$973,930$152,350$18,481$889,208
50$1,008,803$95,346$0$907,861
51$1,045,202$33,519$0$929,314
52$1,083,218$0$0$952,376
53$1,122,952$0$0$981,617
54$1,164,509$0$0$1,017,990
55$1,208,007$0$0$1,056,065
56$1,253,570$0$0$1,095,953
57$1,301,334$0$0$1,137,772
58$1,351,447$0$0$1,181,653
59$1,404,069$0$0$1,227,736
60$1,459,374$0$0$1,276,175
61$1,517,550$0$0$1,327,136
62$1,578,805$0$0$1,380,799
63$1,643,360$0$0$1,437,363
64$1,711,462$0$0$1,497,041
65$1,783,374$0$0$1,560,068
66$1,859,389$0$0$1,626,700
67$1,939,821$0$0$1,697,214
68$2,025,016$0$0$1,771,915
69$2,115,353$0$0$1,851,135
70$2,211,243$0$0$1,935,238
71$2,313,137$0$0$2,024,622
72$2,421,530$0$0$2,119,720
73$2,536,962$0$0$2,221,008
74$2,660,023$0$0$2,329,008
75$2,791,361$0$0$2,444,290
76$2,931,687$0$0$2,567,479
77$3,081,777$0$0$2,699,260
78$3,242,485$0$0$2,840,384
79$3,414,745$0$0$2,991,676
80$3,599,584$0$0$3,154,039
81$3,798,128$0$0$3,328,466
82$4,011,611$0$0$3,516,044
83$4,241,392$0$0$3,717,970
84$4,488,959$0$0$3,935,555
85$4,755,948$0$0$4,170,243
86$5,044,157$0$0$4,423,616
87$5,355,562$0$0$4,697,416
88$5,692,332$0$0$4,993,555
89$6,056,853$0$0$5,314,136
90$6,451,749$0$0$5,661,470
91$6,879,903$0$0$6,038,099
92$7,344,485$0$0$6,446,818
93$7,848,985$0$0$6,890,700
94$8,397,237$0$0$7,373,126
95$8,993,462$0$0$7,897,817
96$9,642,302$0$0$8,468,864
97$10,348,867$0$0$9,090,770
98$11,118,778$0$0$9,768,491
99$11,958,220$0$0$10,507,478
100$12,874,004$0$0$11,313,734