Can I retire at age 35 with 591,000?

Use the below retirement simulation to view the chances of a successful retirement.
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%16.4%
1 years$48,804$48,370$47,945$47,531$47,127$45,895
2 years$24,161$23,711$23,274$22,852$22,442$21,208
3 years$15,947$15,495$15,060$14,641$14,238$13,042
4 years$11,841$11,391$10,960$10,548$10,155$9,006
5 years$9,378$8,930$8,505$8,102$7,719$6,621
6 years$7,737$7,292$6,874$6,479$6,108$5,061
7 years$6,565$6,124$5,712$5,327$4,967$3,972
8 years$5,686$5,249$4,844$4,469$4,121$3,176
9 years$5,003$4,571$4,172$3,806$3,470$2,575
10 years$4,457$4,029$3,638$3,281$2,957$2,111
11 years$4,011$3,587$3,202$2,856$2,543$1,744
12 years$3,639$3,219$2,842$2,505$2,204$1,451
13 years$3,324$2,909$2,539$2,211$1,922$1,214
14 years$3,055$2,644$2,281$1,963$1,685$1,020
15 years$2,822$2,416$2,060$1,751$1,483$860
16 years$2,618$2,216$1,868$1,567$1,311$727
17 years$2,439$2,041$1,699$1,408$1,162$616
18 years$2,279$1,886$1,551$1,269$1,034$523
19 years$2,137$1,748$1,420$1,147$921$445
20 years$2,009$1,624$1,303$1,039$823$379
21 years$1,893$1,513$1,199$943$736$323
22 years$1,788$1,412$1,105$857$660$276
23 years$1,692$1,321$1,020$781$592$236
24 years$1,604$1,238$944$712$533$202
25 years$1,524$1,161$874$650$479$173
26 years$1,449$1,092$810$594$432$148
27 years$1,381$1,027$753$544$389$127
28 years$1,317$968$700$499$351$109
29 years$1,258$913$651$457$317$93
30 years$1,203$862$606$420$286$80
31 years$1,152$815$565$385$259$69
32 years$1,103$771$528$354$234$59
33 years$1,058$731$493$326$212$50
34 years$1,016$692$460$300$192$43
35 years$976$657$430$276$174$37
36 years$939$623$402$254$158$32
37 years$903$592$377$234$143$27
38 years$870$563$353$216$129$24
39 years$838$535$331$199$117$20
40 years$808$509$310$183$106$17
41 years$779$485$290$169$97$15
42 years$752$461$272$156$88$13
43 years$727$440$256$144$80$11
44 years$702$419$240$133$72$9
45 years$679$400$225$123$66$8
46 years$657$381$212$114$60$7
47 years$635$364$199$105$54$6
48 years$615$347$187$97$49$5
49 years$596$332$176$90$45$4
50 years$577$317$165$83$40$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $591,000, adding $6,126 every year, while hoping to spend $22,477 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: 62/17/21 Blend
34$591,000$591,000$591,000$591,000
35$657,601$626,278$617,117$694,423
36$700,761$633,050$613,876$726,792
37$747,570$639,401$609,772$759,075
38$798,376$645,286$604,753$793,809
39$853,563$650,658$598,765$831,237
40$913,553$655,466$591,750$871,624
41$978,808$659,657$583,646$915,264
42$1,049,840$663,173$574,392$962,484
43$1,127,210$665,955$563,920$1,013,640
44$1,211,535$667,936$552,161$1,069,130
45$1,303,496$669,050$539,043$1,129,389
46$1,403,841$669,222$524,490$1,194,899
47$1,513,394$668,375$508,422$1,266,192
48$1,633,062$666,427$490,756$1,343,856
49$1,763,844$663,291$471,405$1,428,538
50$1,906,837$658,874$450,278$1,520,952
51$2,063,253$653,077$427,281$1,621,888
52$2,234,423$645,796$402,313$1,732,216
53$2,421,816$636,922$375,272$1,852,896
54$2,627,046$626,336$346,049$1,984,988
55$2,851,894$613,915$314,530$2,129,660
56$3,098,317$599,528$280,598$2,288,203
57$3,368,475$583,034$244,128$2,462,039
58$3,664,745$564,288$204,991$2,652,739
59$3,989,743$543,132$163,052$2,862,033
60$4,346,354$519,403$118,172$3,091,833
61$4,737,753$492,925$70,202$3,344,244
62$5,167,440$463,514$18,989$3,621,592
63$5,639,267$430,974$0$3,926,439
64$6,157,480$395,100$0$4,269,605
65$6,726,756$355,672$0$4,651,278
66$7,352,245$312,461$0$5,070,675
67$8,039,625$265,222$0$5,531,632
68$8,795,147$213,698$0$6,038,374
69$9,625,700$157,618$0$6,595,558
70$10,538,873$96,692$0$7,208,320
71$11,543,027$30,619$0$7,882,316
72$12,647,374$0$0$8,623,783
73$13,862,064$0$0$9,447,251
74$15,198,279$0$0$10,359,455
75$16,668,340$0$0$11,363,084
76$18,285,823$0$0$12,467,413
77$20,065,683$0$0$13,682,660
78$22,024,403$0$0$15,020,084
79$24,180,140$0$0$16,492,092
80$26,552,904$0$0$18,112,354
81$29,164,742$0$0$19,895,932
82$32,039,945$0$0$21,859,422
83$35,205,281$0$0$24,021,113
84$38,690,246$0$0$26,401,155
85$42,527,338$0$0$29,021,753
86$46,752,371$0$0$31,907,374
87$51,404,806$0$0$35,084,978
88$56,528,125$0$0$38,584,274
89$62,170,243$0$0$42,437,998
90$68,383,960$0$0$46,682,223
91$75,227,454$0$0$51,356,698
92$82,764,838$0$0$56,505,226
93$91,066,756$0$0$62,176,074
94$100,211,057$0$0$68,422,428
95$110,283,524$0$0$75,302,899
96$121,378,688$0$0$82,882,071
97$133,600,716$0$0$91,231,115
98$147,064,394$0$0$100,428,456
99$161,896,214$0$0$110,560,517
100$178,235,565$0$0$121,722,531