Can I retire at age 35 with 594,000?

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 $594,000?

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$49,052$48,615$48,189$47,773$47,366$46,970
2 years$24,283$23,831$23,393$22,968$22,555$22,155
3 years$16,028$15,574$15,137$14,716$14,310$13,919
4 years$11,901$11,448$11,016$10,602$10,206$9,828
5 years$9,426$8,976$8,549$8,143$7,758$7,393
6 years$7,776$7,329$6,908$6,512$6,139$5,788
7 years$6,598$6,155$5,741$5,354$4,993$4,656
8 years$5,715$5,276$4,869$4,491$4,142$3,819
9 years$5,029$4,594$4,193$3,826$3,488$3,179
10 years$4,480$4,049$3,656$3,298$2,972$2,677
11 years$4,031$3,605$3,219$2,870$2,556$2,274
12 years$3,657$3,235$2,856$2,517$2,215$1,946
13 years$3,341$2,924$2,552$2,222$1,932$1,676
14 years$3,071$2,658$2,293$1,973$1,693$1,450
15 years$2,836$2,428$2,070$1,759$1,491$1,260
16 years$2,632$2,228$1,877$1,575$1,318$1,099
17 years$2,451$2,051$1,708$1,415$1,168$961
18 years$2,291$1,896$1,559$1,276$1,039$843
19 years$2,148$1,757$1,427$1,153$926$740
20 years$2,019$1,633$1,310$1,044$827$652
21 years$1,902$1,521$1,205$947$740$575
22 years$1,797$1,420$1,111$861$663$508
23 years$1,701$1,328$1,025$785$595$449
24 years$1,612$1,244$948$716$535$398
25 years$1,531$1,167$878$653$482$352
26 years$1,457$1,097$815$597$434$312
27 years$1,388$1,033$756$547$391$277
28 years$1,324$973$703$501$353$246
29 years$1,264$918$654$460$319$219
30 years$1,209$867$610$422$288$195
31 years$1,157$819$568$387$260$173
32 years$1,109$775$530$356$235$154
33 years$1,064$734$495$327$213$137
34 years$1,021$696$463$301$193$122
35 years$981$660$432$277$175$109
36 years$943$626$405$255$158$97
37 years$908$595$379$235$144$86
38 years$874$565$355$217$130$77
39 years$842$538$332$200$118$69
40 years$812$512$311$184$107$61
41 years$783$487$292$170$97$55
42 years$756$464$274$157$88$49
43 years$730$442$257$145$80$43
44 years$706$421$241$134$73$39
45 years$682$402$227$124$66$35
46 years$660$383$213$114$60$31
47 years$639$366$200$105$54$28
48 years$618$349$188$97$49$25
49 years$599$333$177$90$45$22
50 years$580$318$166$83$41$20

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $594,000, adding $4,882 every year, while hoping to spend $37,592 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: 40/36/24 Blend
34$594,000$594,000$594,000$594,000
35$659,624$628,142$618,935$681,159
36$686,908$618,923$599,672$687,921
37$715,715$607,993$578,503$691,324
38$746,161$595,227$555,326$694,261
39$778,371$580,496$530,031$696,712
40$812,485$563,660$502,507$698,656
41$848,651$544,572$472,634$700,075
42$887,036$523,078$440,289$700,953
43$927,818$499,013$405,343$701,275
44$971,194$472,204$367,661$701,028
45$1,017,380$442,466$327,102$700,204
46$1,066,612$409,606$283,519$698,796
47$1,119,146$373,417$236,757$696,802
48$1,175,268$333,683$186,657$694,226
49$1,235,286$290,173$133,050$691,076
50$1,299,539$242,647$75,762$687,367
51$1,368,402$190,846$14,610$683,121
52$1,442,283$134,501$0$678,369
53$1,521,630$73,326$0$686,122
54$1,606,936$7,019$0$698,297
55$1,698,741$0$0$711,266
56$1,797,639$0$0$750,810
57$1,904,282$0$0$796,508
58$2,019,386$0$0$845,894
59$2,143,737$0$0$899,314
60$2,278,202$0$0$957,148
61$2,423,729$0$0$1,019,814
62$2,581,365$0$0$1,087,770
63$2,752,258$0$0$1,161,521
64$2,937,670$0$0$1,241,624
65$3,138,993$0$0$1,328,688
66$3,357,753$0$0$1,423,385
67$3,595,632$0$0$1,526,456
68$3,854,480$0$0$1,638,713
69$4,136,331$0$0$1,761,052
70$4,443,424$0$0$1,894,459
71$4,778,225$0$0$2,040,016
72$5,143,445$0$0$2,198,919
73$5,542,069$0$0$2,372,481
74$5,977,383$0$0$2,562,148
75$6,453,006$0$0$2,769,513
76$6,972,918$0$0$2,996,328
77$7,541,506$0$0$3,244,526
78$8,163,596$0$0$3,516,230
79$8,844,504$0$0$3,813,783
80$9,590,084$0$0$4,139,761
81$10,406,781$0$0$4,497,003
82$11,301,694$0$0$4,888,636
83$12,282,641$0$0$5,318,103
84$13,358,232$0$0$5,789,197
85$14,537,951$0$0$6,306,095
86$15,832,242$0$0$6,873,398
87$17,252,611$0$0$7,496,175
88$18,811,729$0$0$8,180,008
89$20,523,558$0$0$8,931,048
90$22,403,473$0$0$9,756,069
91$24,468,415$0$0$10,662,535
92$26,737,044$0$0$11,658,667
93$29,229,918$0$0$12,753,525
94$31,969,685$0$0$13,957,087
95$34,981,295$0$0$15,280,348
96$38,292,237$0$0$16,735,419
97$41,932,794$0$0$18,335,647
98$45,936,332$0$0$20,095,735
99$50,339,613$0$0$22,031,881
100$55,183,139$0$0$24,161,936