Can I retire at age 35 with 556,000?

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 $556,000?

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$45,914$45,505$45,106$44,717$44,336$43,638
2 years$22,730$22,306$21,896$21,498$21,112$20,411
3 years$15,003$14,577$14,168$13,774$13,395$12,711
4 years$11,140$10,716$10,311$9,924$9,553$8,893
5 years$8,823$8,401$8,002$7,622$7,262$6,628
6 years$7,279$6,860$6,467$6,096$5,746$5,138
7 years$6,176$5,761$5,374$5,011$4,673$4,092
8 years$5,349$4,939$4,557$4,204$3,877$3,322
9 years$4,707$4,300$3,925$3,581$3,265$2,736
10 years$4,193$3,790$3,422$3,087$2,782$2,279
11 years$3,773$3,374$3,013$2,686$2,393$1,915
12 years$3,423$3,028$2,674$2,356$2,073$1,620
13 years$3,128$2,737$2,389$2,080$1,808$1,379
14 years$2,874$2,488$2,146$1,847$1,585$1,179
15 years$2,655$2,273$1,938$1,647$1,395$1,012
16 years$2,463$2,085$1,757$1,475$1,233$871
17 years$2,294$1,920$1,599$1,325$1,094$752
18 years$2,144$1,774$1,459$1,194$972$651
19 years$2,010$1,644$1,336$1,079$867$565
20 years$1,890$1,528$1,226$977$774$491
21 years$1,781$1,423$1,128$887$693$427
22 years$1,682$1,329$1,039$806$621$372
23 years$1,592$1,243$960$734$557$325
24 years$1,509$1,164$888$670$501$283
25 years$1,433$1,093$822$612$451$248
26 years$1,364$1,027$762$559$406$216
27 years$1,299$966$708$512$366$189
28 years$1,239$911$658$469$330$166
29 years$1,184$859$613$430$298$145
30 years$1,132$811$571$395$270$127
31 years$1,083$767$532$363$244$112
32 years$1,038$726$496$333$220$98
33 years$996$687$463$306$199$86
34 years$956$651$433$282$181$75
35 years$918$618$405$260$164$66
36 years$883$586$379$239$148$58
37 years$850$557$354$220$134$51
38 years$818$529$332$203$122$45
39 years$788$503$311$187$110$39
40 years$760$479$291$173$100$34
41 years$733$456$273$159$91$30
42 years$708$434$256$147$82$27
43 years$684$414$241$136$75$23
44 years$661$394$226$125$68$20
45 years$639$376$212$116$62$18
46 years$618$359$199$107$56$16
47 years$598$342$187$99$51$14
48 years$579$327$176$91$46$12
49 years$560$312$165$84$42$11
50 years$543$298$155$78$38$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $556,000, adding $6,775 every year, while hoping to spend $38,314 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: 58/30/12 Blend
34$556,000$556,000$556,000$556,000
35$619,700$590,232$581,614$653,421
36$642,144$578,388$560,333$665,119
37$665,593$564,679$537,054$673,005
38$690,109$548,974$511,671$680,687
39$715,759$531,133$484,071$688,151
40$742,616$511,008$454,137$695,381
41$770,759$488,444$421,747$702,364
42$800,274$463,274$386,772$709,087
43$831,251$435,324$349,079$715,537
44$863,793$404,410$308,527$721,702
45$898,009$370,334$264,972$727,574
46$934,017$332,892$218,259$733,145
47$971,947$291,864$168,231$738,408
48$1,011,939$247,019$114,721$743,362
49$1,054,147$198,113$57,554$748,004
50$1,098,739$144,890$0$752,340
51$1,145,897$87,076$0$756,819
52$1,195,821$24,385$0$768,905
53$1,248,727$0$0$781,264
54$1,304,854$0$0$808,303
55$1,364,462$0$0$845,593
56$1,427,835$0$0$885,263
57$1,495,285$0$0$927,512
58$1,567,151$0$0$972,558
59$1,643,807$0$0$1,020,636
60$1,725,662$0$0$1,072,009
61$1,813,162$0$0$1,126,960
62$1,906,800$0$0$1,185,803
63$2,007,112$0$0$1,248,881
64$2,114,689$0$0$1,316,570
65$2,230,179$0$0$1,389,282
66$2,354,292$0$0$1,467,471
67$2,487,809$0$0$1,551,635
68$2,631,586$0$0$1,642,320
69$2,786,564$0$0$1,740,125
70$2,953,777$0$0$1,845,711
71$3,134,359$0$0$1,959,802
72$3,329,558$0$0$2,083,194
73$3,540,745$0$0$2,216,761
74$3,769,429$0$0$2,361,467
75$4,017,265$0$0$2,518,368
76$4,286,076$0$0$2,688,628
77$4,577,865$0$0$2,873,526
78$4,894,838$0$0$3,074,469
79$5,239,417$0$0$3,293,006
80$5,614,271$0$0$3,530,840
81$6,022,334$0$0$3,789,843
82$6,466,834$0$0$4,072,079
83$6,951,326$0$0$4,379,817
84$7,479,719$0$0$4,715,554
85$8,056,318$0$0$5,082,040
86$8,685,860$0$0$5,482,300
87$9,373,562$0$0$5,919,667
88$10,125,164$0$0$6,397,808
89$10,946,988$0$0$6,920,760
90$11,845,993$0$0$7,492,970
91$12,829,842$0$0$8,119,334
92$13,906,974$0$0$8,805,243
93$15,086,681$0$0$9,556,633
94$16,379,196$0$0$10,380,042
95$17,795,788$0$0$11,282,672
96$19,348,869$0$0$12,272,451
97$21,052,108$0$0$13,358,114
98$22,920,561$0$0$14,549,282
99$24,970,813$0$0$15,856,551
100$27,221,130$0$0$17,291,594