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%15.9%
1 years$49,052$48,615$48,189$47,773$47,366$46,221
2 years$24,283$23,831$23,393$22,968$22,555$21,409
3 years$16,028$15,574$15,137$14,716$14,310$13,197
4 years$11,901$11,448$11,016$10,602$10,206$9,136
5 years$9,426$8,976$8,549$8,143$7,758$6,734
6 years$7,776$7,329$6,908$6,512$6,139$5,162
7 years$6,598$6,155$5,741$5,354$4,993$4,062
8 years$5,715$5,276$4,869$4,491$4,142$3,258
9 years$5,029$4,594$4,193$3,826$3,488$2,650
10 years$4,480$4,049$3,656$3,298$2,972$2,178
11 years$4,031$3,605$3,219$2,870$2,556$1,806
12 years$3,657$3,235$2,856$2,517$2,215$1,508
13 years$3,341$2,924$2,552$2,222$1,932$1,265
14 years$3,071$2,658$2,293$1,973$1,693$1,066
15 years$2,836$2,428$2,070$1,759$1,491$902
16 years$2,632$2,228$1,877$1,575$1,318$765
17 years$2,451$2,051$1,708$1,415$1,168$651
18 years$2,291$1,896$1,559$1,276$1,039$555
19 years$2,148$1,757$1,427$1,153$926$474
20 years$2,019$1,633$1,310$1,044$827$405
21 years$1,902$1,521$1,205$947$740$347
22 years$1,797$1,420$1,111$861$663$298
23 years$1,701$1,328$1,025$785$595$255
24 years$1,612$1,244$948$716$535$219
25 years$1,531$1,167$878$653$482$188
26 years$1,457$1,097$815$597$434$162
27 years$1,388$1,033$756$547$391$139
28 years$1,324$973$703$501$353$120
29 years$1,264$918$654$460$319$103
30 years$1,209$867$610$422$288$89
31 years$1,157$819$568$387$260$77
32 years$1,109$775$530$356$235$66
33 years$1,064$734$495$327$213$57
34 years$1,021$696$463$301$193$49
35 years$981$660$432$277$175$42
36 years$943$626$405$255$158$36
37 years$908$595$379$235$144$31
38 years$874$565$355$217$130$27
39 years$842$538$332$200$118$23
40 years$812$512$311$184$107$20
41 years$783$487$292$170$97$17
42 years$756$464$274$157$88$15
43 years$730$442$257$145$80$13
44 years$706$421$241$134$73$11
45 years$682$402$227$124$66$10
46 years$660$383$213$114$60$8
47 years$639$366$200$105$54$7
48 years$618$349$188$97$49$6
49 years$599$333$177$90$45$5
50 years$580$318$166$83$41$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $594,000, adding $3,400 every year, while hoping to spend $21,247 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: 46/43/11 Blend
34$594,000$594,000$594,000$594,000
35$658,095$626,613$617,406$686,186
36$702,614$634,710$615,483$714,059
37$750,962$642,493$612,782$741,822
38$803,507$649,921$609,257$771,461
39$860,654$656,957$604,857$803,157
40$922,848$663,555$599,527$837,111
41$990,580$669,670$593,212$873,544
42$1,064,388$675,254$585,855$912,701
43$1,144,868$680,254$577,393$954,853
44$1,232,672$684,613$567,763$1,000,297
45$1,328,519$688,274$556,897$1,049,365
46$1,433,201$691,172$544,726$1,102,422
47$1,547,590$693,242$531,177$1,159,871
48$1,672,644$694,411$516,172$1,222,157
49$1,809,422$694,605$499,631$1,289,773
50$1,959,084$693,742$481,470$1,363,263
51$2,122,913$691,738$461,602$1,443,227
52$2,302,319$688,501$439,934$1,530,329
53$2,498,854$683,937$416,370$1,625,303
54$2,714,229$677,942$390,811$1,728,957
55$2,950,328$670,409$363,151$1,842,187
56$3,209,226$661,223$333,281$1,965,980
57$3,493,207$650,263$301,085$2,101,427
58$3,804,788$637,400$266,446$2,249,732
59$4,146,742$622,497$229,237$2,412,224
60$4,522,121$605,412$189,329$2,590,371
61$4,934,290$585,990$146,584$2,785,796
62$5,386,955$564,070$100,861$3,000,286
63$5,884,196$539,481$52,012$3,235,817
64$6,430,510$512,043$0$3,494,569
65$7,030,852$481,562$0$3,778,963
66$7,690,678$447,838$0$4,098,157
67$8,416,001$410,655$0$4,448,990
68$9,213,444$369,789$0$4,834,717
69$10,090,305$324,998$0$5,258,931
70$11,054,624$276,031$0$5,725,593
71$12,115,260$222,621$0$6,239,073
72$13,281,972$164,485$0$6,804,191
73$14,565,514$101,325$0$7,426,263
74$15,977,734$32,827$0$8,111,154
75$17,531,686$0$0$8,865,331
76$19,241,754$0$0$9,715,489
77$21,123,787$0$0$10,668,315
78$23,195,248$0$0$11,717,128
79$25,475,378$0$0$12,871,679
80$27,985,378$0$0$14,142,717
81$30,748,612$0$0$15,542,081
82$33,790,820$0$0$17,082,819
83$37,140,368$0$0$18,779,310
84$40,828,511$0$0$20,647,394
85$44,889,689$0$0$22,704,531
86$49,361,851$0$0$24,969,955
87$54,286,817$0$0$27,464,863
88$59,710,667$0$0$30,212,613
89$65,684,176$0$0$33,238,943
90$72,263,299$0$0$36,572,215
91$79,509,692$0$0$40,243,682
92$87,491,296$0$0$44,287,784
93$96,282,979$0$0$48,742,470
94$105,967,243$0$0$53,649,560
95$116,634,998$0$0$59,055,137
96$128,386,427$0$0$65,009,982
97$141,331,922$0$0$71,570,055
98$155,593,136$0$0$78,797,021
99$171,304,122$0$0$86,758,833
100$188,612,604$0$0$95,530,371