Can I retire at age 35 with 566,000?

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 $566,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.2%
1 years$46,740$46,323$45,917$45,521$45,134$44,533
2 years$23,138$22,708$22,290$21,885$21,492$20,888
3 years$15,272$14,840$14,423$14,022$13,636$13,046
4 years$11,340$10,909$10,496$10,102$9,725$9,156
5 years$8,981$8,553$8,146$7,759$7,393$6,845
6 years$7,409$6,984$6,583$6,205$5,850$5,324
7 years$6,287$5,865$5,470$5,102$4,757$4,254
8 years$5,446$5,027$4,639$4,280$3,947$3,465
9 years$4,792$4,377$3,996$3,645$3,324$2,864
10 years$4,269$3,858$3,484$3,142$2,832$2,394
11 years$3,841$3,435$3,067$2,735$2,436$2,019
12 years$3,485$3,083$2,722$2,399$2,111$1,715
13 years$3,184$2,786$2,432$2,118$1,840$1,465
14 years$2,926$2,532$2,185$1,880$1,613$1,258
15 years$2,703$2,313$1,973$1,677$1,421$1,084
16 years$2,508$2,123$1,789$1,501$1,255$938
17 years$2,336$1,955$1,628$1,349$1,113$813
18 years$2,183$1,806$1,486$1,215$990$707
19 years$2,046$1,674$1,360$1,098$882$616
20 years$1,924$1,556$1,248$995$788$537
21 years$1,813$1,449$1,148$903$705$470
22 years$1,712$1,353$1,058$821$632$411
23 years$1,620$1,265$977$748$567$360
24 years$1,536$1,185$904$682$510$316
25 years$1,459$1,112$837$623$459$277
26 years$1,388$1,045$776$569$413$244
27 years$1,322$984$721$521$373$214
28 years$1,261$927$670$477$336$188
29 years$1,205$875$624$438$304$166
30 years$1,152$826$581$402$274$146
31 years$1,103$781$541$369$248$129
32 years$1,057$739$505$339$224$113
33 years$1,014$700$472$312$203$100
34 years$973$663$441$287$184$88
35 years$935$629$412$264$167$78
36 years$899$597$385$243$151$69
37 years$865$567$361$224$137$60
38 years$833$539$338$207$124$53
39 years$803$512$317$191$112$47
40 years$774$487$297$176$102$42
41 years$747$464$278$162$93$37
42 years$721$442$261$150$84$32
43 years$696$421$245$138$76$29
44 years$672$401$230$128$69$25
45 years$650$383$216$118$63$22
46 years$629$365$203$109$57$20
47 years$608$348$190$101$52$17
48 years$589$333$179$93$47$15
49 years$570$318$168$86$43$14
50 years$553$303$158$79$39$12

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $566,000, adding $2,109 every year, while hoping to spend $39,136 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: 54/16/30 Blend
34$566,000$566,000$566,000$566,000
35$625,907$595,909$587,136$654,365
36$648,110$583,469$565,165$661,874
37$671,265$569,106$541,146$665,892
38$695,429$552,688$514,969$669,498
39$720,662$534,069$486,520$672,670
40$747,029$513,098$455,678$675,383
41$774,601$489,614$422,318$677,614
42$803,453$463,449$386,309$679,339
43$833,669$434,421$347,514$680,535
44$865,336$402,341$305,789$681,177
45$898,553$367,008$260,985$681,245
46$933,424$328,210$212,947$680,716
47$970,063$285,722$161,510$679,571
48$1,008,594$239,307$106,506$677,790
49$1,049,153$188,715$47,756$675,358
50$1,091,885$133,681$0$672,259
51$1,136,951$73,925$0$673,265
52$1,184,525$9,153$0$690,209
53$1,234,798$0$0$707,848
54$1,287,976$0$0$736,982
55$1,344,286$0$0$769,563
56$1,403,974$0$0$804,125
57$1,467,313$0$0$840,828
58$1,534,595$0$0$879,848
59$1,606,146$0$0$921,376
60$1,682,318$0$0$965,620
61$1,763,498$0$0$1,012,811
62$1,850,111$0$0$1,063,199
63$1,942,620$0$0$1,117,060
64$2,041,535$0$0$1,174,695
65$2,147,413$0$0$1,236,436
66$2,260,867$0$0$1,302,644
67$2,382,567$0$0$1,373,719
68$2,513,250$0$0$1,450,097
69$2,653,724$0$0$1,532,257
70$2,804,876$0$0$1,620,726
71$2,967,680$0$0$1,716,084
72$3,143,207$0$0$1,818,963
73$3,332,632$0$0$1,930,064
74$3,537,245$0$0$2,050,152
75$3,758,467$0$0$2,180,071
76$3,997,856$0$0$2,320,746
77$4,257,128$0$0$2,473,198
78$4,538,168$0$0$2,638,545
79$4,843,049$0$0$2,818,019
80$5,174,050$0$0$3,012,976
81$5,533,679$0$0$3,224,905
82$5,924,694$0$0$3,455,445
83$6,350,130$0$0$3,706,402
84$6,813,325$0$0$3,979,759
85$7,317,954$0$0$4,277,700
86$7,868,060$0$0$4,602,629
87$8,468,093$0$0$4,957,192
88$9,122,949$0$0$5,344,301
89$9,838,021$0$0$5,767,162
90$10,619,244$0$0$6,229,304
91$11,473,149$0$0$6,734,611
92$12,406,932$0$0$7,287,362
93$13,428,511$0$0$7,892,267
94$14,546,608$0$0$8,554,513
95$15,770,825$0$0$9,279,811
96$17,111,736$0$0$10,074,450
97$18,580,988$0$0$10,945,357
98$20,191,405$0$0$11,900,162
99$21,957,111$0$0$12,947,265
100$23,893,664$0$0$14,095,922