Can I retire at age 35 with 595,000?

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 $595,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.6%
1 years$49,135$48,697$48,270$47,853$47,446$47,127
2 years$24,324$23,871$23,432$23,006$22,593$22,272
3 years$16,055$15,600$15,162$14,740$14,334$14,020
4 years$11,921$11,468$11,034$10,620$10,223$9,919
5 years$9,442$8,991$8,563$8,157$7,772$7,478
6 years$7,789$7,342$6,920$6,523$6,149$5,866
7 years$6,609$6,165$5,751$5,363$5,001$4,729
8 years$5,725$5,285$4,877$4,499$4,149$3,888
9 years$5,037$4,602$4,201$3,832$3,494$3,244
10 years$4,487$4,056$3,662$3,303$2,977$2,738
11 years$4,038$3,611$3,224$2,875$2,560$2,332
12 years$3,663$3,241$2,861$2,522$2,219$2,001
13 years$3,347$2,929$2,556$2,226$1,935$1,727
14 years$3,076$2,662$2,297$1,976$1,696$1,498
15 years$2,841$2,432$2,074$1,762$1,493$1,305
16 years$2,636$2,231$1,880$1,578$1,320$1,141
17 years$2,455$2,055$1,711$1,418$1,170$1,001
18 years$2,295$1,899$1,562$1,278$1,041$880
19 years$2,151$1,760$1,430$1,155$927$776
20 years$2,022$1,635$1,312$1,046$828$685
21 years$1,906$1,523$1,207$949$741$606
22 years$1,800$1,422$1,112$863$664$537
23 years$1,703$1,330$1,027$786$596$476
24 years$1,615$1,246$950$717$536$423
25 years$1,534$1,169$880$655$482$376
26 years$1,459$1,099$816$599$435$334
27 years$1,390$1,034$758$548$392$298
28 years$1,326$975$704$502$354$265
29 years$1,267$919$655$460$319$237
30 years$1,211$868$611$422$288$211
31 years$1,159$821$569$388$261$188
32 years$1,111$777$531$357$236$168
33 years$1,066$735$496$328$213$150
34 years$1,023$697$463$302$193$134
35 years$983$661$433$278$175$120
36 years$945$628$405$256$159$107
37 years$909$596$379$236$144$96
38 years$876$566$355$217$130$86
39 years$844$539$333$200$118$77
40 years$813$512$312$185$107$69
41 years$785$488$292$170$97$61
42 years$758$465$274$157$88$55
43 years$732$443$257$145$80$49
44 years$707$422$242$134$73$44
45 years$683$402$227$124$66$39
46 years$661$384$213$114$60$35
47 years$640$366$200$106$54$32
48 years$619$350$188$98$49$28
49 years$600$334$177$90$45$25
50 years$581$319$166$83$41$23

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $595,000, adding $4,240 every year, while hoping to spend $22,904 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: 37/38/25 Blend
34$595,000$595,000$595,000$595,000
35$660,064$628,529$619,306$679,408
36$703,020$634,957$615,683$700,411
37$749,591$640,932$611,171$720,665
38$800,120$646,409$605,716$742,093
39$854,987$651,337$599,262$764,814
40$914,607$655,664$591,749$788,962
41$979,439$659,334$583,115$814,685
42$1,049,988$662,288$573,295$842,149
43$1,126,809$664,461$562,222$871,537
44$1,210,511$665,788$549,824$903,053
45$1,301,767$666,195$536,027$936,923
46$1,401,316$665,608$520,753$973,398
47$1,509,973$663,945$503,921$1,012,757
48$1,628,632$661,121$485,445$1,055,310
49$1,758,282$657,044$465,236$1,101,399
50$1,900,006$651,620$443,202$1,151,405
51$2,055,002$644,744$419,244$1,205,748
52$2,224,585$636,309$393,261$1,264,898
53$2,410,204$626,200$365,147$1,329,370
54$2,613,456$614,295$334,791$1,399,739
55$2,836,098$600,465$302,076$1,476,641
56$3,080,066$584,573$266,881$1,560,778
57$3,347,491$566,476$229,080$1,652,929
58$3,640,721$546,019$188,540$1,753,957
59$3,962,342$523,041$145,123$1,864,816
60$4,315,202$497,371$98,686$1,986,561
61$4,702,437$468,827$49,077$2,120,361
62$5,127,504$437,218$0$2,267,508
63$5,594,208$402,340$0$2,430,461
64$6,106,742$363,980$0$2,623,807
65$6,669,725$321,911$0$2,836,234
66$7,288,246$275,893$0$3,069,721
67$7,967,910$225,674$0$3,326,451
68$8,714,891$170,987$0$3,608,837
69$9,535,994$111,549$0$3,919,540
70$10,438,712$47,062$0$4,261,495
71$11,431,305$0$0$4,637,944
72$12,522,869$0$0$5,061,993
73$13,723,428$0$0$5,550,121
74$15,044,026$0$0$6,087,149
75$16,496,830$0$0$6,678,038
76$18,095,247$0$0$7,328,253
77$19,854,049$0$0$8,043,814
78$21,789,510$0$0$8,831,358
79$23,919,565$0$0$9,698,194
80$26,263,972$0$0$10,652,377
81$28,844,504$0$0$11,702,784
82$31,685,151$0$0$12,859,193
83$34,812,346$0$0$14,132,383
84$38,255,218$0$0$15,534,226
85$42,045,862$0$0$17,077,808
86$46,219,642$0$0$18,777,547
87$50,815,528$0$0$20,649,331
88$55,876,462$0$0$22,710,665
89$61,449,760$0$0$24,980,840
90$67,587,562$0$0$27,481,115
91$74,347,322$0$0$30,234,913
92$81,792,352$0$0$33,268,047
93$89,992,416$0$0$36,608,959
94$99,024,389$0$0$40,288,992
95$108,972,984$0$0$44,342,685
96$119,931,552$0$0$48,808,098
97$132,002,959$0$0$53,727,170
98$145,300,558$0$0$59,146,118
99$159,949,261$0$0$65,115,871
100$176,086,716$0$0$71,692,548