Can I retire at age 35 with 584,000?

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 $584,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.8%
1 years$48,226$47,797$47,377$46,968$46,569$46,025
2 years$23,874$23,430$22,999$22,581$22,176$21,628
3 years$15,758$15,312$14,882$14,468$14,069$13,535
4 years$11,701$11,256$10,830$10,423$10,034$9,518
5 years$9,267$8,825$8,405$8,006$7,628$7,131
6 years$7,645$7,206$6,792$6,403$6,036$5,558
7 years$6,487$6,052$5,644$5,264$4,909$4,451
8 years$5,619$5,187$4,787$4,416$4,072$3,634
9 years$4,944$4,516$4,123$3,761$3,429$3,011
10 years$4,404$3,981$3,594$3,242$2,922$2,523
11 years$3,963$3,544$3,164$2,822$2,513$2,133
12 years$3,596$3,181$2,808$2,475$2,178$1,816
13 years$3,285$2,875$2,509$2,185$1,899$1,556
14 years$3,019$2,613$2,254$1,940$1,665$1,339
15 years$2,789$2,387$2,035$1,730$1,466$1,157
16 years$2,587$2,190$1,845$1,549$1,295$1,004
17 years$2,410$2,017$1,679$1,392$1,149$873
18 years$2,252$1,864$1,533$1,254$1,021$761
19 years$2,111$1,727$1,403$1,133$910$665
20 years$1,985$1,605$1,288$1,026$813$582
21 years$1,870$1,495$1,185$931$728$510
22 years$1,767$1,396$1,092$847$652$448
23 years$1,672$1,305$1,008$771$585$394
24 years$1,585$1,223$932$703$526$346
25 years$1,506$1,148$864$642$474$305
26 years$1,432$1,079$801$587$427$269
27 years$1,364$1,015$744$538$385$237
28 years$1,302$957$691$493$347$209
29 years$1,243$902$643$452$313$185
30 years$1,189$852$599$415$283$163
31 years$1,138$806$559$381$256$144
32 years$1,090$762$521$350$232$128
33 years$1,046$722$487$322$210$113
34 years$1,004$684$455$296$190$100
35 years$965$649$425$273$172$88
36 years$928$616$398$251$156$78
37 years$893$585$372$231$141$69
38 years$859$556$349$213$128$61
39 years$828$529$327$197$116$54
40 years$798$503$306$181$105$48
41 years$770$479$287$167$95$43
42 years$744$456$269$154$87$38
43 years$718$434$253$143$79$33
44 years$694$414$237$132$71$30
45 years$671$395$223$122$65$26
46 years$649$377$209$112$59$23
47 years$628$360$197$104$53$21
48 years$608$343$185$96$49$18
49 years$589$328$174$89$44$16
50 years$570$313$163$82$40$14

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $584,000, adding $2,805 every year, while hoping to spend $41,899 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: 51/29/20 Blend
34$584,000$584,000$584,000$584,000
35$646,461$615,509$606,457$675,712
36$667,820$601,089$582,193$681,776
37$689,953$584,558$555,712$683,815
38$712,896$565,768$526,896$685,143
39$736,684$544,564$495,620$685,706
40$761,357$520,779$461,755$685,450
41$786,958$494,239$425,165$684,317
42$813,529$464,759$385,710$682,247
43$841,120$432,143$343,242$679,176
44$869,780$396,184$297,607$675,039
45$899,564$356,663$248,643$669,766
46$930,529$313,349$196,182$663,284
47$962,738$265,998$140,049$655,518
48$996,256$214,351$80,060$646,389
49$1,031,157$158,137$16,024$635,815
50$1,067,515$97,066$0$623,710
51$1,105,414$30,835$0$621,149
52$1,144,943$0$0$621,250
53$1,186,197$0$0$633,586
54$1,229,280$0$0$656,758
55$1,274,304$0$0$680,987
56$1,321,388$0$0$706,340
57$1,370,664$0$0$732,891
58$1,422,272$0$0$760,716
59$1,476,366$0$0$789,901
60$1,533,112$0$0$820,538
61$1,592,690$0$0$852,728
62$1,655,296$0$0$886,578
63$1,721,142$0$0$922,207
64$1,790,461$0$0$959,745
65$1,863,503$0$0$999,330
66$1,940,544$0$0$1,041,117
67$2,021,882$0$0$1,085,271
68$2,107,844$0$0$1,131,975
69$2,198,786$0$0$1,181,426
70$2,295,095$0$0$1,233,843
71$2,397,198$0$0$1,289,461
72$2,505,556$0$0$1,348,540
73$2,620,679$0$0$1,411,362
74$2,743,120$0$0$1,478,239
75$2,873,487$0$0$1,549,509
76$3,012,444$0$0$1,625,544
77$3,160,719$0$0$1,706,751
78$3,319,110$0$0$1,793,577
79$3,488,491$0$0$1,886,510
80$3,669,820$0$0$1,986,086
81$3,864,148$0$0$2,092,895
82$4,072,628$0$0$2,207,581
83$4,296,524$0$0$2,330,854
84$4,537,224$0$0$2,463,490
85$4,796,254$0$0$2,606,345
86$5,075,286$0$0$2,760,355
87$5,376,158$0$0$2,926,551
88$5,700,890$0$0$3,106,066
89$6,051,700$0$0$3,300,143
90$6,431,026$0$0$3,510,149
91$6,841,548$0$0$3,737,588
92$7,286,212$0$0$3,984,112
93$7,768,257$0$0$4,251,538
94$8,291,244$0$0$4,541,864
95$8,859,090$0$0$4,857,288
96$9,476,104$0$0$5,200,229
97$10,147,025$0$0$5,573,346
98$10,877,068$0$0$5,979,566
99$11,671,969$0$0$6,422,109
100$12,538,041$0$0$6,904,519