Can I retire at age 35 with 591,000?

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 $591,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.4%
1 years$48,804$48,370$47,945$47,531$47,127$46,082
2 years$24,161$23,711$23,274$22,852$22,442$21,393
3 years$15,947$15,495$15,060$14,641$14,238$13,220
4 years$11,841$11,391$10,960$10,548$10,155$9,175
5 years$9,378$8,930$8,505$8,102$7,719$6,781
6 years$7,737$7,292$6,874$6,479$6,108$5,211
7 years$6,565$6,124$5,712$5,327$4,967$4,113
8 years$5,686$5,249$4,844$4,469$4,121$3,308
9 years$5,003$4,571$4,172$3,806$3,470$2,699
10 years$4,457$4,029$3,638$3,281$2,957$2,226
11 years$4,011$3,587$3,202$2,856$2,543$1,851
12 years$3,639$3,219$2,842$2,505$2,204$1,550
13 years$3,324$2,909$2,539$2,211$1,922$1,305
14 years$3,055$2,644$2,281$1,963$1,685$1,104
15 years$2,822$2,416$2,060$1,751$1,483$937
16 years$2,618$2,216$1,868$1,567$1,311$798
17 years$2,439$2,041$1,699$1,408$1,162$681
18 years$2,279$1,886$1,551$1,269$1,034$583
19 years$2,137$1,748$1,420$1,147$921$500
20 years$2,009$1,624$1,303$1,039$823$429
21 years$1,893$1,513$1,199$943$736$369
22 years$1,788$1,412$1,105$857$660$317
23 years$1,692$1,321$1,020$781$592$273
24 years$1,604$1,238$944$712$533$236
25 years$1,524$1,161$874$650$479$203
26 years$1,449$1,092$810$594$432$176
27 years$1,381$1,027$753$544$389$152
28 years$1,317$968$700$499$351$131
29 years$1,258$913$651$457$317$113
30 years$1,203$862$606$420$286$98
31 years$1,152$815$565$385$259$85
32 years$1,103$771$528$354$234$73
33 years$1,058$731$493$326$212$63
34 years$1,016$692$460$300$192$55
35 years$976$657$430$276$174$48
36 years$939$623$402$254$158$41
37 years$903$592$377$234$143$36
38 years$870$563$353$216$129$31
39 years$838$535$331$199$117$27
40 years$808$509$310$183$106$23
41 years$779$485$290$169$97$20
42 years$752$461$272$156$88$17
43 years$727$440$256$144$80$15
44 years$702$419$240$133$72$13
45 years$679$400$225$123$66$11
46 years$657$381$212$114$60$10
47 years$635$364$199$105$54$8
48 years$615$347$187$97$49$7
49 years$596$332$176$90$45$6
50 years$577$317$165$83$40$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $591,000, adding $6,302 every year, while hoping to spend $40,426 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: 67/10/23 Blend
34$591,000$591,000$591,000$591,000
35$657,783$626,460$617,299$697,592
36$681,863$614,143$594,966$712,779
37$707,046$599,868$570,529$724,175
38$733,399$583,496$543,876$735,693
39$760,998$564,881$514,889$747,344
40$789,926$543,866$483,444$759,144
41$820,271$520,287$449,411$771,110
42$852,128$493,971$412,656$783,262
43$885,603$464,734$373,038$795,626
44$920,809$432,380$330,409$808,229
45$957,870$396,704$284,616$821,105
46$996,919$357,490$235,498$834,293
47$1,038,104$314,506$182,886$847,836
48$1,081,584$267,510$126,606$861,785
49$1,127,533$216,246$66,475$876,199
50$1,176,142$160,442$2,302$891,145
51$1,227,617$99,812$0$906,697
52$1,282,184$34,054$0$939,185
53$1,340,092$0$0$974,123
54$1,401,612$0$0$1,015,197
55$1,467,038$0$0$1,062,884
56$1,536,696$0$0$1,113,676
57$1,610,939$0$0$1,167,834
58$1,690,156$0$0$1,225,643
59$1,774,773$0$0$1,287,417
60$1,865,255$0$0$1,353,501
61$1,962,115$0$0$1,424,270
62$2,065,912$0$0$1,500,138
63$2,177,262$0$0$1,581,558
64$2,296,840$0$0$1,669,027
65$2,425,385$0$0$1,763,093
66$2,563,712$0$0$1,864,353
67$2,712,712$0$0$1,973,468
68$2,873,367$0$0$2,091,158
69$3,046,753$0$0$2,218,220
70$3,234,054$0$0$2,355,525
71$3,436,571$0$0$2,504,034
72$3,655,732$0$0$2,664,800
73$3,893,110$0$0$2,838,982
74$4,150,433$0$0$3,027,857
75$4,429,599$0$0$3,232,824
76$4,732,698$0$0$3,455,426
77$5,062,029$0$0$3,697,358
78$5,420,119$0$0$3,960,486
79$5,809,750$0$0$4,246,862
80$6,233,982$0$0$4,558,745
81$6,696,182$0$0$4,898,618
82$7,200,056$0$0$5,269,217
83$7,749,683$0$0$5,673,552
84$8,349,551$0$0$6,114,935
85$9,004,601$0$0$6,597,014
86$9,720,274$0$0$7,123,803
87$10,502,557$0$0$7,699,723
88$11,358,044$0$0$8,329,639
89$12,293,993$0$0$9,018,909
90$13,318,399$0$0$9,773,434
91$14,440,062$0$0$10,599,710
92$15,668,674$0$0$11,504,892
93$17,014,911$0$0$12,496,860
94$18,490,527$0$0$13,584,289
95$20,108,469$0$0$14,776,738
96$21,882,996$0$0$16,084,732
97$23,829,813$0$0$17,519,866
98$25,966,221$0$0$19,094,911
99$28,311,274$0$0$20,823,932
100$30,885,962$0$0$22,722,426