Can I retire at age 35 with 577,000?

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 $577,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.6%
1 years$47,648$47,224$46,810$46,405$46,011$44,238
2 years$23,588$23,149$22,723$22,310$21,910$20,145
3 years$15,569$15,128$14,703$14,294$13,901$12,199
4 years$11,561$11,121$10,700$10,298$9,914$8,289
5 years$9,156$8,719$8,304$7,910$7,536$5,992
6 years$7,553$7,120$6,711$6,326$5,963$4,500
7 years$6,409$5,979$5,577$5,201$4,850$3,468
8 years$5,551$5,125$4,729$4,363$4,023$2,721
9 years$4,885$4,462$4,073$3,716$3,388$2,164
10 years$4,352$3,933$3,551$3,203$2,887$1,738
11 years$3,916$3,502$3,127$2,788$2,483$1,407
12 years$3,553$3,143$2,775$2,445$2,152$1,146
13 years$3,246$2,840$2,479$2,159$1,876$938
14 years$2,983$2,582$2,227$1,916$1,645$771
15 years$2,755$2,358$2,011$1,709$1,448$635
16 years$2,556$2,164$1,823$1,530$1,280$525
17 years$2,381$1,993$1,659$1,375$1,135$434
18 years$2,225$1,841$1,515$1,239$1,009$360
19 years$2,086$1,707$1,387$1,120$899$299
20 years$1,961$1,586$1,272$1,014$803$249
21 years$1,848$1,477$1,170$920$719$207
22 years$1,745$1,379$1,079$837$644$172
23 years$1,652$1,290$996$762$578$144
24 years$1,566$1,208$921$695$520$120
25 years$1,488$1,134$853$635$468$100
26 years$1,415$1,066$791$580$421$83
27 years$1,348$1,003$735$531$380$70
28 years$1,286$945$683$487$343$58
29 years$1,228$892$636$446$310$49
30 years$1,175$842$592$410$280$41
31 years$1,124$796$552$376$253$34
32 years$1,077$753$515$346$229$28
33 years$1,033$713$481$318$207$24
34 years$992$676$449$293$187$20
35 years$953$641$420$269$170$17
36 years$916$609$393$248$154$14
37 years$882$578$368$229$139$12
38 years$849$549$344$211$126$10
39 years$818$522$323$194$115$8
40 years$789$497$302$179$104$7
41 years$761$473$284$165$94$6
42 years$735$451$266$153$86$5
43 years$709$429$250$141$78$4
44 years$686$409$234$130$70$3
45 years$663$390$220$120$64$3
46 years$641$372$207$111$58$2
47 years$620$355$194$102$53$2
48 years$600$339$182$95$48$2
49 years$581$324$171$88$44$1
50 years$563$309$161$81$40$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $577,000, adding $4,342 every year, while hoping to spend $41,139 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: 25/46/29 Blend
34$577,000$577,000$577,000$577,000
35$640,333$609,752$600,808$650,454
36$661,875$595,858$577,164$645,385
37$684,236$579,905$551,348$636,189
38$707,455$561,747$523,246$625,484
39$731,576$541,233$492,735$613,171
40$756,644$518,201$459,689$599,146
41$782,708$492,479$423,974$583,300
42$809,820$463,886$385,454$565,521
43$838,037$432,232$343,982$545,686
44$867,419$397,314$299,407$523,671
45$898,031$358,917$251,572$499,342
46$929,943$316,817$200,313$472,560
47$963,229$270,773$145,455$443,179
48$997,971$220,533$86,821$411,047
49$1,034,257$165,832$24,222$376,001
50$1,072,180$106,386$0$337,874
51$1,111,842$41,900$0$309,666
52$1,153,355$0$0$286,870
53$1,196,837$0$0$276,000
54$1,242,419$0$0$286,865
55$1,290,240$0$0$298,294
56$1,340,453$0$0$310,327
57$1,393,224$0$0$323,008
58$1,448,734$0$0$336,385
59$1,507,177$0$0$350,510
60$1,568,768$0$0$365,439
61$1,633,739$0$0$381,236
62$1,702,343$0$0$397,967
63$1,774,856$0$0$415,707
64$1,851,580$0$0$434,537
65$1,932,845$0$0$454,545
66$2,019,009$0$0$475,827
67$2,110,465$0$0$498,491
68$2,207,644$0$0$522,651
69$2,311,015$0$0$548,435
70$2,421,094$0$0$575,981
71$2,538,442$0$0$605,443
72$2,663,678$0$0$636,988
73$2,797,476$0$0$670,799
74$2,940,578$0$0$707,076
75$3,093,796$0$0$746,042
76$3,258,021$0$0$787,937
77$3,434,229$0$0$833,028
78$3,623,493$0$0$881,608
79$3,826,989$0$0$933,996
80$4,046,010$0$0$990,546
81$4,281,974$0$0$1,051,644
82$4,536,440$0$0$1,117,716
83$4,811,118$0$0$1,189,229
84$5,107,891$0$0$1,266,699
85$5,428,825$0$0$1,350,690
86$5,776,191$0$0$1,441,823
87$6,152,489$0$0$1,540,783
88$6,560,463$0$0$1,648,322
89$7,003,134$0$0$1,765,267
90$7,483,822$0$0$1,892,527
91$8,006,181$0$0$2,031,105
92$8,574,230$0$0$2,182,103
93$9,192,390$0$0$2,346,733
94$9,865,524$0$0$2,526,330
95$10,598,987$0$0$2,722,363
96$11,398,670$0$0$2,936,449
97$12,271,055$0$0$3,170,369
98$13,223,280$0$0$3,426,082
99$14,263,201$0$0$3,705,747
100$15,399,464$0$0$4,011,739