Can I retire at age 35 with 561,000?

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 $561,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.5%
1 years$46,327$45,914$45,512$45,119$44,735$44,268
2 years$22,934$22,507$22,093$21,692$21,302$20,832
3 years$15,138$14,709$14,296$13,898$13,515$13,056
4 years$11,240$10,812$10,404$10,013$9,639$9,195
5 years$8,902$8,477$8,074$7,691$7,327$6,899
6 years$7,344$6,922$6,525$6,150$5,798$5,386
7 years$6,232$5,813$5,422$5,057$4,715$4,321
8 years$5,398$4,983$4,598$4,242$3,912$3,534
9 years$4,749$4,339$3,961$3,613$3,294$2,933
10 years$4,231$3,824$3,453$3,115$2,807$2,462
11 years$3,807$3,404$3,040$2,711$2,414$2,086
12 years$3,454$3,056$2,698$2,378$2,092$1,779
13 years$3,156$2,761$2,410$2,099$1,824$1,527
14 years$2,900$2,510$2,166$1,863$1,599$1,317
15 years$2,679$2,293$1,955$1,662$1,408$1,141
16 years$2,485$2,104$1,773$1,488$1,244$991
17 years$2,315$1,938$1,613$1,337$1,103$864
18 years$2,164$1,790$1,473$1,205$981$755
19 years$2,028$1,659$1,348$1,089$874$661
20 years$1,907$1,542$1,237$986$781$580
21 years$1,797$1,436$1,138$895$699$509
22 years$1,697$1,341$1,049$814$627$448
23 years$1,606$1,254$968$741$562$395
24 years$1,523$1,175$896$676$505$348
25 years$1,446$1,102$830$617$455$307
26 years$1,376$1,036$769$564$410$272
27 years$1,311$975$714$517$369$240
28 years$1,250$919$664$473$333$212
29 years$1,194$867$618$434$301$188
30 years$1,142$819$576$398$272$166
31 years$1,093$774$537$366$246$147
32 years$1,047$732$501$336$222$131
33 years$1,005$693$468$309$201$116
34 years$964$657$437$284$182$103
35 years$927$623$408$262$165$91
36 years$891$592$382$241$150$81
37 years$857$562$358$222$136$72
38 years$826$534$335$205$123$64
39 years$795$508$314$189$111$57
40 years$767$483$294$174$101$50
41 years$740$460$276$161$92$45
42 years$714$438$259$148$83$40
43 years$690$417$243$137$76$35
44 years$667$398$228$126$69$31
45 years$644$379$214$117$62$28
46 years$623$362$201$108$56$25
47 years$603$345$189$100$51$22
48 years$584$330$177$92$47$19
49 years$565$315$167$85$42$17
50 years$548$301$157$79$38$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $561,000, adding $3,923 every year, while hoping to spend $52,760 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: 81/8/11 Blend
34$561,000$561,000$561,000$561,000
35$622,269$592,536$583,840$671,184
36$629,604$565,434$547,262$676,729
37$635,919$535,235$507,691$675,492
38$641,054$501,733$464,970$672,572
39$644,832$464,708$418,937$667,773
40$647,054$423,928$369,421$660,881
41$647,501$379,148$316,244$651,657
42$645,928$330,109$259,220$639,842
43$642,066$276,537$198,157$625,148
44$635,612$218,143$132,851$607,261
45$626,234$154,621$63,091$585,833
46$613,561$85,649$0$560,482
47$597,185$10,887$0$532,120
48$576,651$0$0$506,943
49$551,457$0$0$483,220
50$521,047$0$0$455,791
51$484,805$0$0$423,148
52$442,051$0$0$384,682
53$392,031$0$0$339,722
54$333,914$0$0$287,524
55$266,778$0$0$227,265
56$189,607$0$0$158,038
57$101,276$0$0$78,840
58$544$0$0$0
59$0$0$0$0
60$0$0$0$0
61$0$0$0$0
62$0$0$0$0
63$0$0$0$0
64$0$0$0$0
65$0$0$0$0
66$0$0$0$0
67$0$0$0$0
68$0$0$0$0
69$0$0$0$0
70$0$0$0$0
71$0$0$0$0
72$0$0$0$0
73$0$0$0$0
74$0$0$0$0
75$0$0$0$0
76$0$0$0$0
77$0$0$0$0
78$0$0$0$0
79$0$0$0$0
80$0$0$0$0
81$0$0$0$0
82$0$0$0$0
83$0$0$0$0
84$0$0$0$0
85$0$0$0$0
86$0$0$0$0
87$0$0$0$0
88$0$0$0$0
89$0$0$0$0
90$0$0$0$0
91$0$0$0$0
92$0$0$0$0
93$0$0$0$0
94$0$0$0$0
95$0$0$0$0
96$0$0$0$0
97$0$0$0$0
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0