Can I retire at age 35 with 551,000?

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 $551,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.9%
1 years$45,501$45,096$44,700$44,314$43,938$43,050
2 years$22,525$22,106$21,699$21,305$20,923$20,033
3 years$14,868$14,446$14,041$13,650$13,274$12,409
4 years$11,040$10,620$10,218$9,834$9,467$8,634
5 years$8,743$8,326$7,930$7,554$7,197$6,398
6 years$7,213$6,799$6,408$6,041$5,695$4,930
7 years$6,120$5,710$5,325$4,966$4,631$3,902
8 years$5,301$4,894$4,516$4,166$3,842$3,148
9 years$4,665$4,261$3,890$3,549$3,236$2,576
10 years$4,155$3,756$3,391$3,059$2,757$2,131
11 years$3,739$3,344$2,986$2,662$2,371$1,778
12 years$3,393$3,001$2,650$2,335$2,055$1,494
13 years$3,099$2,712$2,367$2,062$1,792$1,262
14 years$2,848$2,465$2,127$1,830$1,571$1,071
15 years$2,631$2,252$1,920$1,632$1,383$912
16 years$2,441$2,066$1,741$1,461$1,222$780
17 years$2,274$1,903$1,584$1,313$1,084$668
18 years$2,125$1,758$1,446$1,183$964$574
19 years$1,992$1,630$1,324$1,069$859$493
20 years$1,873$1,514$1,215$968$767$425
21 years$1,765$1,411$1,118$879$686$367
22 years$1,667$1,317$1,030$799$615$317
23 years$1,577$1,232$951$728$552$274
24 years$1,496$1,154$880$664$496$237
25 years$1,421$1,083$815$606$447$206
26 years$1,351$1,018$756$554$402$178
27 years$1,287$958$702$507$363$154
28 years$1,228$903$652$465$327$134
29 years$1,173$851$607$426$296$116
30 years$1,122$804$565$391$267$101
31 years$1,074$760$527$359$241$88
32 years$1,029$719$492$330$218$76
33 years$987$681$459$304$198$66
34 years$947$646$429$279$179$58
35 years$910$612$401$257$162$50
36 years$875$581$375$237$147$44
37 years$842$552$351$218$133$38
38 years$811$525$329$201$121$33
39 years$781$499$308$185$109$29
40 years$753$475$289$171$99$25
41 years$727$452$271$158$90$22
42 years$702$430$254$146$82$19
43 years$678$410$238$134$74$16
44 years$655$391$224$124$67$14
45 years$633$373$210$115$61$12
46 years$612$355$197$106$55$11
47 years$592$339$185$98$50$9
48 years$573$324$174$90$46$8
49 years$555$309$164$84$42$7
50 years$538$295$154$77$38$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $551,000, adding $3,615 every year, while hoping to spend $37,880 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: 68/13/19 Blend
34$551,000$551,000$551,000$551,000
35$610,931$581,728$573,187$649,385
36$632,942$569,929$552,085$663,741
37$655,928$556,281$529,006$674,678
38$679,950$540,656$503,845$685,714
39$705,071$522,914$476,490$696,859
40$731,360$502,910$446,825$708,121
41$758,895$480,488$414,729$719,511
42$787,755$455,484$380,075$731,045
43$818,029$427,727$342,731$742,739
44$849,815$397,031$302,559$754,613
45$883,215$363,205$259,414$766,690
46$918,343$326,043$213,145$778,998
47$955,324$285,329$163,595$791,570
48$994,291$240,833$110,599$804,443
49$1,035,390$192,316$53,986$817,659
50$1,078,782$139,521$0$831,269
51$1,124,639$82,180$0$846,633
52$1,173,153$20,007$0$874,278
53$1,224,529$0$0$903,360
54$1,278,995$0$0$940,774
55$1,336,798$0$0$983,533
56$1,398,208$0$0$1,028,978
57$1,463,522$0$0$1,077,329
58$1,533,062$0$0$1,128,829
59$1,607,183$0$0$1,183,743
60$1,686,274$0$0$1,242,361
61$1,770,759$0$0$1,305,002
62$1,861,106$0$0$1,372,013
63$1,957,824$0$0$1,443,777
64$2,061,474$0$0$1,520,713
65$2,172,672$0$0$1,603,281
66$2,292,090$0$0$1,691,987
67$2,420,470$0$0$1,787,383
68$2,558,624$0$0$1,890,078
69$2,707,445$0$0$2,000,740
70$2,867,913$0$0$2,120,102
71$3,041,104$0$0$2,248,971
72$3,228,202$0$0$2,388,233
73$3,430,506$0$0$2,538,859
74$3,649,445$0$0$2,701,921
75$3,886,591$0$0$2,878,595
76$4,143,669$0$0$3,070,172
77$4,422,580$0$0$3,278,077
78$4,725,413$0$0$3,503,873
79$5,054,463$0$0$3,749,279
80$5,412,259$0$0$4,016,190
81$5,801,581$0$0$4,306,687
82$6,225,488$0$0$4,623,061
83$6,687,346$0$0$4,967,833
84$7,190,859$0$0$5,343,779
85$7,740,105$0$0$5,753,952
86$8,339,571$0$0$6,201,713
87$8,994,197$0$0$6,690,763
88$9,709,420$0$0$7,225,175
89$10,491,227$0$0$7,809,434
90$11,346,209$0$0$8,448,477
91$12,281,623$0$0$9,147,740
92$13,305,459$0$0$9,913,210
93$14,426,517$0$0$10,751,479
94$15,654,485$0$0$11,669,805
95$17,000,035$0$0$12,676,184
96$18,474,918$0$0$13,779,418
97$20,092,076$0$0$14,989,206
98$21,865,765$0$0$16,316,228
99$23,811,686$0$0$17,772,246
100$25,947,133$0$0$19,370,219