Can I retire at age 35 with 557,000?

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 $557,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11%
1 years$45,997$45,587$45,187$44,797$44,416$44,229
2 years$22,771$22,346$21,935$21,537$21,150$20,962
3 years$15,030$14,604$14,194$13,799$13,419$13,234
4 years$11,160$10,735$10,329$9,941$9,570$9,391
5 years$8,839$8,417$8,016$7,636$7,275$7,102
6 years$7,292$6,873$6,478$6,107$5,757$5,589
7 years$6,187$5,772$5,383$5,021$4,682$4,521
8 years$5,359$4,947$4,566$4,212$3,884$3,729
9 years$4,715$4,308$3,932$3,587$3,271$3,123
10 years$4,201$3,797$3,428$3,092$2,787$2,645
11 years$3,780$3,380$3,018$2,691$2,397$2,261
12 years$3,429$3,034$2,679$2,361$2,077$1,947
13 years$3,133$2,742$2,393$2,084$1,811$1,687
14 years$2,879$2,492$2,150$1,850$1,588$1,470
15 years$2,660$2,277$1,941$1,650$1,398$1,286
16 years$2,468$2,089$1,760$1,477$1,236$1,129
17 years$2,298$1,924$1,602$1,327$1,095$994
18 years$2,148$1,778$1,462$1,196$974$878
19 years$2,014$1,647$1,338$1,081$868$777
20 years$1,893$1,531$1,228$979$775$689
21 years$1,784$1,426$1,130$888$694$612
22 years$1,685$1,331$1,041$808$622$545
23 years$1,595$1,245$962$736$558$485
24 years$1,512$1,166$889$671$502$433
25 years$1,436$1,095$824$613$452$387
26 years$1,366$1,029$764$560$407$346
27 years$1,301$968$709$513$367$309
28 years$1,241$912$659$470$331$277
29 years$1,186$861$614$431$299$248
30 years$1,134$813$572$395$270$222
31 years$1,085$768$533$363$244$199
32 years$1,040$727$497$334$221$179
33 years$998$689$464$307$200$161
34 years$958$653$434$282$181$144
35 years$920$619$406$260$164$129
36 years$885$587$379$239$148$116
37 years$851$558$355$221$135$105
38 years$820$530$332$203$122$94
39 years$790$504$312$187$111$85
40 years$762$480$292$173$100$76
41 years$735$457$274$160$91$68
42 years$709$435$257$147$83$62
43 years$685$414$241$136$75$55
44 years$662$395$226$125$68$50
45 years$640$377$212$116$62$45
46 years$619$359$199$107$56$40
47 years$599$343$187$99$51$36
48 years$580$327$176$91$46$33
49 years$561$313$166$84$42$29
50 years$544$299$156$78$38$27

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $557,000, adding $2,195 every year, while hoping to spend $20,609 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: 32/41/27 Blend
34$557,000$557,000$557,000$557,000
35$616,078$586,557$577,924$630,653
36$656,990$593,371$575,356$648,789
37$701,385$599,827$572,012$666,330
38$749,595$605,888$567,844$684,819
39$801,988$611,510$562,800$704,351
40$858,966$616,650$556,830$725,035
41$920,975$621,260$549,878$746,993
42$988,502$625,289$541,886$770,358
43$1,062,085$628,684$532,795$795,281
44$1,142,314$631,387$522,541$821,927
45$1,229,842$633,337$511,058$850,482
46$1,325,385$634,469$498,277$881,151
47$1,429,731$634,715$484,126$914,163
48$1,543,749$634,001$468,530$949,772
49$1,668,395$632,251$451,409$988,258
50$1,804,721$629,380$432,681$1,029,936
51$1,953,886$625,303$412,259$1,075,151
52$2,117,166$619,927$390,053$1,124,289
53$2,295,965$613,152$365,969$1,177,776
54$2,491,832$604,875$339,907$1,236,087
55$2,706,471$594,985$311,765$1,299,745
56$2,941,757$583,366$281,436$1,369,333
57$3,199,758$569,893$248,806$1,445,494
58$3,482,751$554,435$213,758$1,528,942
59$3,793,242$536,852$176,169$1,620,467
60$4,133,993$516,999$135,912$1,720,945
61$4,508,048$494,719$92,852$1,831,343
62$4,918,756$469,847$46,850$1,952,734
63$5,369,809$442,210$0$2,086,304
64$5,865,273$411,622$0$2,234,011
65$6,409,630$377,890$0$2,411,107
66$7,007,812$340,807$0$2,605,732
67$7,665,258$300,156$0$2,819,710
68$8,387,956$255,706$0$3,055,052
69$9,182,507$207,214$0$3,313,982
70$10,056,179$154,424$0$3,598,952
71$11,016,984$97,065$0$3,912,669
72$12,073,745$34,850$0$4,258,123
73$13,236,186$0$0$4,638,612
74$14,515,020$0$0$5,072,448
75$15,922,051$0$0$5,567,170
76$17,470,284$0$0$6,111,640
77$19,174,048$0$0$6,710,909
78$21,049,132$0$0$7,370,544
79$23,112,934$0$0$8,096,679
80$25,384,623$0$0$8,896,070
81$27,885,320$0$0$9,776,166
82$30,638,300$0$0$10,745,171
83$33,669,207$0$0$11,812,128
84$37,006,299$0$0$12,986,999
85$40,680,714$0$0$14,280,764
86$44,726,762$0$0$15,705,518
87$49,182,250$0$0$17,274,593
88$54,088,839$0$0$19,002,678
89$59,492,435$0$0$20,905,959
90$65,443,623$0$0$23,002,272
91$71,998,146$0$0$25,311,273
92$79,217,428$0$0$27,854,618
93$87,169,153$0$0$30,656,175
94$95,927,908$0$0$33,742,243
95$105,575,883$0$0$37,141,803
96$116,203,645$0$0$40,886,790
97$127,910,999$0$0$45,012,397
98$140,807,922$0$0$49,557,403
99$155,015,607$0$0$54,564,542
100$170,667,601$0$0$60,080,906