Can I retire at age 35 with 579,000?

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 $579,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.5%
1 years$47,813$47,387$46,972$46,566$46,170$45,312
2 years$23,670$23,229$22,802$22,388$21,986$21,125
3 years$15,623$15,180$14,754$14,344$13,949$13,111
4 years$11,601$11,159$10,737$10,334$9,948$9,141
5 years$9,188$8,749$8,333$7,938$7,563$6,787
6 years$7,580$7,144$6,734$6,348$5,984$5,242
7 years$6,431$6,000$5,596$5,219$4,867$4,158
8 years$5,571$5,143$4,746$4,378$4,037$3,362
9 years$4,902$4,478$4,088$3,729$3,400$2,758
10 years$4,367$3,947$3,564$3,214$2,897$2,287
11 years$3,929$3,514$3,137$2,798$2,491$1,913
12 years$3,565$3,154$2,784$2,454$2,159$1,611
13 years$3,257$2,850$2,488$2,166$1,883$1,365
14 years$2,993$2,591$2,235$1,923$1,650$1,161
15 years$2,765$2,367$2,018$1,715$1,453$992
16 years$2,565$2,171$1,830$1,536$1,284$850
17 years$2,389$2,000$1,665$1,380$1,139$731
18 years$2,233$1,848$1,520$1,243$1,013$629
19 years$2,093$1,713$1,391$1,124$902$543
20 years$1,968$1,591$1,277$1,018$806$469
21 years$1,854$1,482$1,175$924$721$406
22 years$1,751$1,384$1,082$840$647$352
23 years$1,658$1,294$999$765$580$305
24 years$1,572$1,212$924$697$522$265
25 years$1,493$1,138$856$637$469$230
26 years$1,420$1,069$794$582$423$200
27 years$1,353$1,006$737$533$381$174
28 years$1,290$948$685$488$344$152
29 years$1,233$895$638$448$311$132
30 years$1,179$845$594$411$281$115
31 years$1,128$799$554$378$254$100
32 years$1,081$756$517$347$230$87
33 years$1,037$716$483$319$208$76
34 years$995$678$451$294$188$66
35 years$956$643$422$270$170$58
36 years$920$611$394$249$154$51
37 years$885$580$369$229$140$44
38 years$852$551$346$211$127$39
39 years$821$524$324$195$115$34
40 years$792$499$304$180$104$29
41 years$764$475$285$166$95$26
42 years$737$452$267$153$86$22
43 years$712$431$251$141$78$20
44 years$688$411$235$130$71$17
45 years$665$392$221$120$64$15
46 years$643$374$207$111$58$13
47 years$622$356$195$103$53$11
48 years$603$340$183$95$48$10
49 years$584$325$172$88$44$9
50 years$565$310$162$81$40$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $579,000, adding $4,186 every year, while hoping to spend $38,525 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: 59/18/23 Blend
34$579,000$579,000$579,000$579,000
35$642,376$611,689$602,714$676,096
36$666,908$600,671$581,915$688,497
37$692,651$587,823$559,128$697,491
38$719,688$573,013$534,245$706,461
39$748,109$556,103$507,155$715,413
40$778,012$536,948$477,740$724,355
41$809,503$515,392$445,879$733,298
42$842,699$491,273$411,442$742,257
43$877,725$464,416$374,296$751,249
44$914,719$434,639$334,302$760,296
45$953,833$401,748$291,313$769,424
46$995,228$365,539$245,177$778,666
47$1,039,086$325,795$195,734$788,059
48$1,085,601$282,287$142,819$797,648
49$1,134,987$234,773$86,259$807,485
50$1,187,478$183,000$25,871$817,632
51$1,243,330$126,696$0$828,158
52$1,302,822$65,577$0$848,612
53$1,366,263$0$0$877,011
54$1,433,986$0$0$907,290
55$1,506,361$0$0$953,557
56$1,583,790$0$0$1,003,086
57$1,666,716$0$0$1,056,163
58$1,755,625$0$0$1,113,103
59$1,851,047$0$0$1,174,251
60$1,953,567$0$0$1,239,986
61$2,063,827$0$0$1,310,723
62$2,182,529$0$0$1,386,920
63$2,310,447$0$0$1,469,078
64$2,448,429$0$0$1,557,748
65$2,597,409$0$0$1,653,535
66$2,758,410$0$0$1,757,105
67$2,932,560$0$0$1,869,188
68$3,121,096$0$0$1,990,589
69$3,325,379$0$0$2,122,192
70$3,546,906$0$0$2,264,967
71$3,787,323$0$0$2,419,985
72$4,048,439$0$0$2,588,419
73$4,332,245$0$0$2,771,565
74$4,640,931$0$0$2,970,844
75$4,976,908$0$0$3,187,821
76$5,342,826$0$0$3,424,220
77$5,741,604$0$0$3,681,936
78$6,176,452$0$0$3,963,054
79$6,650,904$0$0$4,269,872
80$7,168,851$0$0$4,604,917
81$7,734,575$0$0$4,970,971
82$8,352,788$0$0$5,371,097
83$9,028,683$0$0$5,808,669
84$9,767,971$0$0$6,287,399
85$10,576,946$0$0$6,811,377
86$11,462,534$0$0$7,385,104
87$12,432,364$0$0$8,013,539
88$13,494,838$0$0$8,702,141
89$14,659,207$0$0$9,456,925
90$15,935,660$0$0$10,284,512
91$17,335,419$0$0$11,192,196
92$18,870,846$0$0$12,188,013
93$20,555,552$0$0$13,280,810
94$22,404,535$0$0$14,480,336
95$24,434,313$0$0$15,797,328
96$26,663,080$0$0$17,243,612
97$29,110,879$0$0$18,832,219
98$31,799,792$0$0$20,577,500
99$34,754,141$0$0$22,495,269
100$38,000,723$0$0$24,602,945