Can I retire at age 35 with 582,000?

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 $582,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.3%
1 years$48,061$47,633$47,215$46,808$46,409$44,852
2 years$23,793$23,349$22,920$22,504$22,100$20,546
3 years$15,704$15,259$14,831$14,418$14,021$12,520
4 years$11,661$11,217$10,793$10,388$10,000$8,563
5 years$9,235$8,794$8,376$7,979$7,602$6,232
6 years$7,619$7,181$6,769$6,381$6,015$4,715
7 years$6,465$6,031$5,625$5,246$4,892$3,660
8 years$5,600$5,169$4,770$4,401$4,058$2,894
9 years$4,927$4,501$4,109$3,748$3,418$2,320
10 years$4,389$3,967$3,582$3,231$2,912$1,879
11 years$3,950$3,532$3,154$2,812$2,504$1,534
12 years$3,583$3,170$2,799$2,467$2,170$1,260
13 years$3,274$2,865$2,501$2,178$1,893$1,041
14 years$3,009$2,604$2,247$1,933$1,659$863
15 years$2,779$2,379$2,028$1,724$1,461$718
16 years$2,578$2,183$1,839$1,544$1,291$598
17 years$2,402$2,010$1,674$1,387$1,145$500
18 years$2,245$1,857$1,528$1,250$1,018$419
19 years$2,104$1,721$1,399$1,129$907$351
20 years$1,978$1,600$1,284$1,023$810$295
21 years$1,864$1,490$1,181$928$725$248
22 years$1,761$1,391$1,088$844$650$209
23 years$1,666$1,301$1,005$769$583$176
24 years$1,580$1,219$929$701$524$148
25 years$1,500$1,144$861$640$472$125
26 years$1,427$1,075$798$585$425$105
27 years$1,360$1,012$741$536$383$89
28 years$1,297$953$689$491$346$75
29 years$1,239$899$641$450$312$63
30 years$1,185$849$597$413$282$53
31 years$1,134$803$557$379$255$45
32 years$1,087$760$519$349$231$38
33 years$1,042$719$485$321$209$32
34 years$1,001$682$453$295$189$27
35 years$961$647$424$272$171$23
36 years$924$614$396$250$155$19
37 years$889$583$371$230$141$16
38 years$856$554$347$212$127$14
39 years$825$527$325$196$116$12
40 years$796$501$305$181$105$10
41 years$768$477$286$167$95$8
42 years$741$454$268$154$86$7
43 years$716$433$252$142$78$6
44 years$691$413$236$131$71$5
45 years$669$394$222$121$65$4
46 years$647$375$208$112$59$4
47 years$626$358$196$103$53$3
48 years$606$342$184$95$48$3
49 years$587$327$173$88$44$2
50 years$568$312$163$82$40$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $582,000, adding $3,736 every year, while hoping to spend $37,181 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: 73/10/17 Blend
34$582,000$582,000$582,000$582,000
35$645,218$614,372$605,351$689,529
36$671,470$604,916$586,070$709,960
37$699,153$593,750$564,897$727,445
38$728,375$580,752$541,729$745,628
39$759,251$565,791$516,459$764,571
40$791,910$548,729$488,975$784,341
41$826,488$529,421$459,159$805,014
42$863,139$507,711$426,890$826,675
43$902,026$483,437$392,038$849,417
44$943,333$456,425$354,471$873,343
45$987,255$426,492$314,048$898,571
46$1,034,010$393,445$270,624$925,227
47$1,083,834$357,079$224,045$953,455
48$1,136,988$317,179$174,154$983,413
49$1,193,756$273,515$120,783$1,015,277
50$1,254,449$225,848$63,759$1,049,242
51$1,319,409$173,920$2,901$1,085,523
52$1,389,010$117,464$0$1,124,362
53$1,463,664$56,195$0$1,177,279
54$1,543,822$0$0$1,234,608
55$1,629,978$0$0$1,297,307
56$1,722,675$0$0$1,371,439
57$1,822,510$0$0$1,451,300
58$1,930,139$0$0$1,537,415
59$2,046,280$0$0$1,630,364
60$2,171,724$0$0$1,730,781
61$2,307,340$0$0$1,839,366
62$2,454,084$0$0$1,956,886
63$2,613,004$0$0$2,084,186
64$2,785,255$0$0$2,222,192
65$2,972,106$0$0$2,371,925
66$3,174,953$0$0$2,534,508
67$3,395,330$0$0$2,711,175
68$3,634,927$0$0$2,903,284
69$3,895,600$0$0$3,112,328
70$4,179,394$0$0$3,339,951
71$4,488,559$0$0$3,587,961
72$4,825,568$0$0$3,858,351
73$5,193,146$0$0$4,153,308
74$5,594,292$0$0$4,475,246
75$6,032,305$0$0$4,826,818
76$6,510,818$0$0$5,210,946
77$7,033,831$0$0$5,630,847
78$7,605,746$0$0$6,090,061
79$8,231,413$0$0$6,592,488
80$8,916,169$0$0$7,142,423
81$9,665,893$0$0$7,744,591
82$10,487,057$0$0$8,404,201
83$11,386,790$0$0$9,126,985
84$12,372,942$0$0$9,919,259
85$13,454,160$0$0$10,787,975
86$14,639,966$0$0$11,740,795
87$15,940,849$0$0$12,786,154
88$17,368,361$0$0$13,933,346
89$18,935,229$0$0$15,192,606
90$20,655,469$0$0$16,575,210
91$22,544,522$0$0$18,093,577
92$24,619,398$0$0$19,761,390
93$26,898,834$0$0$21,593,721
94$29,403,472$0$0$23,607,175
95$32,156,054$0$0$25,820,045
96$35,181,633$0$0$28,252,483
97$38,507,808$0$0$30,926,691
98$42,164,989$0$0$33,867,131
99$46,186,679$0$0$37,100,753
100$50,609,788$0$0$40,657,248