Can I retire at age 35 with 581,000?

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 $581,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12%
1 years$47,978$47,551$47,134$46,727$46,330$45,942
2 years$23,752$23,309$22,881$22,465$22,062$21,671
3 years$15,677$15,233$14,805$14,394$13,997$13,615
4 years$11,641$11,198$10,774$10,370$9,983$9,613
5 years$9,219$8,779$8,361$7,965$7,589$7,232
6 years$7,606$7,169$6,757$6,370$6,005$5,661
7 years$6,454$6,020$5,615$5,237$4,883$4,554
8 years$5,590$5,161$4,762$4,393$4,051$3,735
9 years$4,919$4,493$4,102$3,742$3,412$3,109
10 years$4,382$3,961$3,576$3,226$2,907$2,618
11 years$3,943$3,526$3,148$2,807$2,500$2,224
12 years$3,577$3,165$2,794$2,462$2,167$1,904
13 years$3,268$2,860$2,496$2,174$1,889$1,639
14 years$3,004$2,600$2,243$1,930$1,656$1,418
15 years$2,774$2,375$2,025$1,721$1,458$1,232
16 years$2,574$2,179$1,836$1,541$1,289$1,075
17 years$2,397$2,007$1,671$1,384$1,143$940
18 years$2,241$1,854$1,525$1,248$1,016$824
19 years$2,101$1,718$1,396$1,127$906$724
20 years$1,975$1,597$1,281$1,021$809$638
21 years$1,861$1,487$1,179$927$724$562
22 years$1,758$1,388$1,086$843$649$497
23 years$1,663$1,299$1,003$767$582$439
24 years$1,577$1,217$928$700$524$389
25 years$1,498$1,142$859$639$471$345
26 years$1,425$1,073$797$584$424$306
27 years$1,357$1,010$740$535$383$271
28 years$1,295$952$688$490$345$241
29 years$1,237$898$640$449$312$214
30 years$1,183$848$596$412$282$190
31 years$1,132$801$556$379$255$169
32 years$1,085$758$519$348$230$151
33 years$1,040$718$484$320$208$134
34 years$999$681$452$295$189$119
35 years$960$646$423$271$171$106
36 years$923$613$396$250$155$95
37 years$888$582$370$230$140$85
38 years$855$553$347$212$127$75
39 years$824$526$325$196$115$67
40 years$794$500$305$180$105$60
41 years$766$476$286$166$95$53
42 years$740$454$268$154$86$48
43 years$714$432$251$142$78$42
44 years$690$412$236$131$71$38
45 years$667$393$222$121$64$34
46 years$645$375$208$112$59$30
47 years$625$358$195$103$53$27
48 years$605$341$184$95$48$24
49 years$586$326$173$88$44$21
50 years$567$311$162$81$40$19

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $581,000, adding $4,838 every year, while hoping to spend $20,991 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: 80/5/15 Blend
34$581,000$581,000$581,000$581,000
35$645,252$614,459$605,454$694,499
36$688,734$622,234$603,402$735,356
37$735,947$629,685$600,579$776,995
38$787,250$636,776$596,934$822,095
39$843,038$643,466$592,420$870,995
40$903,743$649,712$586,982$924,066
41$969,844$655,467$580,565$981,719
42$1,041,866$660,683$573,112$1,044,405
43$1,120,387$665,307$564,561$1,112,622
44$1,206,043$669,283$554,850$1,186,917
45$1,299,534$672,553$543,913$1,267,895
46$1,401,631$675,053$531,678$1,356,221
47$1,513,183$676,716$518,075$1,452,629
48$1,635,123$677,470$503,026$1,557,926
49$1,768,481$677,241$486,452$1,673,004
50$1,914,388$675,948$468,271$1,798,843
51$2,074,091$673,506$448,394$1,936,525
52$2,248,965$669,823$426,731$2,087,241
53$2,440,519$664,805$403,186$2,252,305
54$2,650,420$658,349$377,661$2,433,165
55$2,880,502$650,347$350,052$2,631,414
56$3,132,784$640,684$320,249$2,848,812
57$3,409,490$629,240$288,140$3,087,295
58$3,713,071$615,886$253,606$3,348,998
59$4,046,225$600,485$216,522$3,636,274
60$4,411,926$582,894$176,761$3,951,717
61$4,813,447$562,961$134,187$4,298,184
62$5,254,395$540,522$88,659$4,678,825
63$5,738,744$515,409$40,030$5,097,112
64$6,270,872$487,440$0$5,556,870
65$6,855,600$456,423$0$6,064,216
66$7,498,241$422,158$0$6,628,857
67$8,204,647$384,429$0$7,249,528
68$8,981,267$343,012$0$7,931,902
69$9,835,204$297,668$0$8,682,230
70$10,774,285$248,144$0$9,507,397
71$11,807,133$194,173$0$10,414,991
72$12,943,248$135,475$0$11,413,374
73$14,193,098$71,752$0$12,511,758
74$15,568,216$2,691$0$13,720,294
75$17,081,311$0$0$15,050,168
76$18,746,382$0$0$16,517,668
77$20,578,859$0$0$18,132,891
78$22,595,739$0$0$19,910,675
79$24,815,753$0$0$21,867,533
80$27,259,538$0$0$24,021,658
81$29,949,836$0$0$26,393,098
82$32,911,703$0$0$29,003,944
83$36,172,751$0$0$31,878,537
84$39,763,404$0$0$35,043,699
85$43,717,185$0$0$38,528,984
86$48,071,037$0$0$42,366,959
87$52,865,665$0$0$46,593,510
88$58,145,923$0$0$51,248,180
89$63,961,238$0$0$56,374,544
90$70,366,075$0$0$62,020,618
91$77,420,450$0$0$68,239,310
92$85,190,499$0$0$75,088,926
93$93,749,096$0$0$82,633,713
94$103,176,550$0$0$90,944,468
95$113,561,352$0$0$100,099,206
96$125,001,020$0$0$110,183,898
97$137,603,010$0$0$121,293,277
98$151,485,738$0$0$133,531,738
99$166,779,692$0$0$147,014,318
100$183,628,665$0$0$161,867,784