Can I retire at age 35 with 547,000?

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 $547,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.8%
1 years$45,171$44,768$44,376$43,993$43,619$42,931
2 years$22,362$21,945$21,542$21,150$20,771$20,080
3 years$14,760$14,341$13,939$13,551$13,178$12,505
4 years$10,959$10,543$10,144$9,763$9,399$8,749
5 years$8,680$8,265$7,872$7,499$7,145$6,521
6 years$7,161$6,749$6,362$5,997$5,653$5,055
7 years$6,076$5,668$5,287$4,930$4,598$4,026
8 years$5,263$4,859$4,484$4,136$3,814$3,268
9 years$4,631$4,230$3,862$3,523$3,212$2,692
10 years$4,125$3,729$3,367$3,037$2,737$2,242
11 years$3,712$3,320$2,964$2,643$2,354$1,884
12 years$3,368$2,979$2,630$2,318$2,040$1,594
13 years$3,077$2,693$2,350$2,047$1,779$1,356
14 years$2,828$2,447$2,112$1,817$1,559$1,160
15 years$2,612$2,236$1,907$1,620$1,373$995
16 years$2,423$2,051$1,729$1,451$1,213$857
17 years$2,257$1,889$1,573$1,303$1,076$740
18 years$2,110$1,746$1,436$1,175$957$641
19 years$1,978$1,618$1,314$1,061$853$556
20 years$1,859$1,503$1,206$961$762$483
21 years$1,752$1,400$1,110$872$682$420
22 years$1,655$1,307$1,023$793$611$366
23 years$1,566$1,223$944$722$548$319
24 years$1,485$1,145$873$659$493$279
25 years$1,410$1,075$809$602$444$244
26 years$1,342$1,010$750$550$400$213
27 years$1,278$951$697$504$360$186
28 years$1,219$896$648$461$325$163
29 years$1,164$845$603$423$293$143
30 years$1,113$798$561$388$265$125
31 years$1,066$755$523$357$240$110
32 years$1,021$714$488$328$217$96
33 years$980$676$456$301$196$84
34 years$940$641$426$277$178$74
35 years$904$608$398$255$161$65
36 years$869$577$373$235$146$57
37 years$836$548$349$217$132$50
38 years$805$521$327$200$120$44
39 years$776$495$306$184$109$39
40 years$748$471$287$170$99$34
41 years$721$448$269$157$89$30
42 years$696$427$252$145$81$26
43 years$673$407$237$133$74$23
44 years$650$388$222$123$67$20
45 years$628$370$209$114$61$18
46 years$608$353$196$105$55$16
47 years$588$337$184$97$50$14
48 years$569$321$173$90$45$12
49 years$551$307$163$83$41$11
50 years$534$293$153$77$37$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $547,000, adding $5,548 every year, while hoping to spend $31,099 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: 63/9/28 Blend
34$547,000$547,000$547,000$547,000
35$608,517$579,526$571,047$641,985
36$637,496$574,833$557,088$660,651
37$668,390$568,869$541,619$677,141
38$701,359$561,537$524,557$694,484
39$736,582$552,737$505,814$712,770
40$774,254$542,361$485,299$732,097
41$814,588$530,298$462,917$752,576
42$857,820$516,425$438,569$774,329
43$904,205$500,618$412,149$797,493
44$954,027$482,741$383,548$822,219
45$1,007,595$462,653$352,654$848,677
46$1,065,248$440,202$319,347$877,053
47$1,127,362$415,230$283,503$907,557
48$1,194,344$387,568$244,993$940,419
49$1,266,647$357,038$203,679$975,896
50$1,344,765$323,453$159,422$1,014,274
51$1,429,241$286,612$112,073$1,055,868
52$1,520,675$246,307$61,479$1,101,030
53$1,619,722$202,315$7,477$1,150,148
54$1,727,107$154,401$0$1,203,654
55$1,843,623$102,319$0$1,277,008
56$1,970,145$45,805$0$1,359,115
57$2,107,634$0$0$1,448,378
58$2,257,148$0$0$1,547,032
59$2,419,850$0$0$1,659,360
60$2,597,021$0$0$1,781,712
61$2,790,069$0$0$1,915,066
62$3,000,545$0$0$2,060,499
63$3,230,154$0$0$2,219,194
64$3,480,776$0$0$2,392,455
65$3,754,477$0$0$2,581,715
66$4,053,534$0$0$2,788,555
67$4,380,452$0$0$3,014,713
68$4,737,989$0$0$3,262,103
69$5,129,183$0$0$3,532,834
70$5,557,378$0$0$3,829,226
71$6,026,257$0$0$4,153,835
72$6,539,876$0$0$4,509,476
73$7,102,700$0$0$4,899,249
74$7,719,649$0$0$5,326,568
75$8,396,140$0$0$5,795,193
76$9,138,139$0$0$6,309,265
77$9,952,217$0$0$6,873,346
78$10,845,615$0$0$7,492,459
79$11,826,305$0$0$8,172,141
80$12,903,070$0$0$8,918,486
81$14,085,585$0$0$9,738,212
82$15,384,508$0$0$10,638,715
83$16,811,580$0$0$11,628,147
84$18,379,736$0$0$12,715,487
85$20,103,226$0$0$13,910,624
86$21,997,747$0$0$15,224,458
87$24,080,595$0$0$16,668,993
88$26,370,824$0$0$18,257,458
89$28,889,429$0$0$20,004,426
90$31,659,537$0$0$21,925,952
91$34,706,633$0$0$24,039,728
92$38,058,794$0$0$26,365,245
93$41,746,957$0$0$28,923,979
94$45,805,206$0$0$31,739,593
95$50,271,099$0$0$34,838,158
96$55,186,016$0$0$38,248,402
97$60,595,554$0$0$42,001,979
98$66,549,952$0$0$46,133,766
99$73,104,569$0$0$50,682,194
100$80,320,402$0$0$55,689,610