Can I retire at age 35 with 595,000?

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 $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%14%
1 years$49,135$48,697$48,270$47,853$47,446$46,660
2 years$24,324$23,871$23,432$23,006$22,593$21,804
3 years$16,055$15,600$15,162$14,740$14,334$13,566
4 years$11,921$11,468$11,034$10,620$10,223$9,482
5 years$9,442$8,991$8,563$8,157$7,772$7,059
6 years$7,789$7,342$6,920$6,523$6,149$5,467
7 years$6,609$6,165$5,751$5,363$5,001$4,348
8 years$5,725$5,285$4,877$4,499$4,149$3,526
9 years$5,037$4,602$4,201$3,832$3,494$2,901
10 years$4,487$4,056$3,662$3,303$2,977$2,413
11 years$4,038$3,611$3,224$2,875$2,560$2,025
12 years$3,663$3,241$2,861$2,522$2,219$1,711
13 years$3,347$2,929$2,556$2,226$1,935$1,454
14 years$3,076$2,662$2,297$1,976$1,696$1,242
15 years$2,841$2,432$2,074$1,762$1,493$1,064
16 years$2,636$2,231$1,880$1,578$1,320$915
17 years$2,455$2,055$1,711$1,418$1,170$789
18 years$2,295$1,899$1,562$1,278$1,041$682
19 years$2,151$1,760$1,430$1,155$927$591
20 years$2,022$1,635$1,312$1,046$828$513
21 years$1,906$1,523$1,207$949$741$445
22 years$1,800$1,422$1,112$863$664$387
23 years$1,703$1,330$1,027$786$596$337
24 years$1,615$1,246$950$717$536$294
25 years$1,534$1,169$880$655$482$257
26 years$1,459$1,099$816$599$435$224
27 years$1,390$1,034$758$548$392$196
28 years$1,326$975$704$502$354$171
29 years$1,267$919$655$460$319$150
30 years$1,211$868$611$422$288$131
31 years$1,159$821$569$388$261$114
32 years$1,111$777$531$357$236$100
33 years$1,066$735$496$328$213$88
34 years$1,023$697$463$302$193$77
35 years$983$661$433$278$175$67
36 years$945$628$405$256$159$59
37 years$909$596$379$236$144$52
38 years$876$566$355$217$130$45
39 years$844$539$333$200$118$40
40 years$813$512$312$185$107$35
41 years$785$488$292$170$97$30
42 years$758$465$274$157$88$27
43 years$732$443$257$145$80$23
44 years$707$422$242$134$73$21
45 years$683$402$227$124$66$18
46 years$661$384$213$114$60$16
47 years$640$366$200$106$54$14
48 years$619$350$188$98$49$12
49 years$600$334$177$90$45$11
50 years$581$319$166$83$41$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $595,000, adding $4,180 every year, while hoping to spend $45,634 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: 43/36/21 Blend
34$595,000$595,000$595,000$595,000
35$660,002$628,467$619,244$684,185
36$678,768$610,707$591,435$683,958
37$697,918$590,548$561,164$678,955
38$717,445$567,824$528,302$672,602
39$737,335$542,359$492,711$664,798
40$757,576$513,967$454,250$655,435
41$778,150$482,453$412,768$644,399
42$799,037$447,608$368,111$631,568
43$820,212$409,214$320,116$616,812
44$841,646$367,038$268,613$599,994
45$863,306$320,835$213,424$580,966
46$885,154$270,347$154,364$559,573
47$907,145$215,299$91,240$535,648
48$929,228$155,403$23,851$509,015
49$951,344$90,352$0$479,483
50$973,426$19,825$0$457,624
51$995,401$0$0$438,855
52$1,017,181$0$0$440,041
53$1,038,670$0$0$448,903
54$1,059,761$0$0$457,533
55$1,080,329$0$0$465,873
56$1,100,238$0$0$473,857
57$1,119,335$0$0$481,409
58$1,137,445$0$0$488,448
59$1,154,377$0$0$494,879
60$1,169,914$0$0$500,599
61$1,183,817$0$0$505,494
62$1,195,817$0$0$509,433
63$1,205,616$0$0$512,273
64$1,212,880$0$0$513,856
65$1,217,240$0$0$514,005
66$1,218,286$0$0$512,522
67$1,215,560$0$0$509,190
68$1,208,555$0$0$503,766
69$1,196,710$0$0$495,983
70$1,179,401$0$0$485,541
71$1,155,936$0$0$472,112
72$1,125,549$0$0$455,330
73$1,087,391$0$0$434,791
74$1,040,523$0$0$410,047
75$983,904$0$0$380,602
76$916,383$0$0$345,910
77$836,687$0$0$305,363
78$743,408$0$0$258,291
79$634,987$0$0$203,954
80$509,703$0$0$141,534
81$365,654$0$0$70,125
82$200,736$0$0$0
83$12,627$0$0$0
84$0$0$0$0
85$0$0$0$0
86$0$0$0$0
87$0$0$0$0
88$0$0$0$0
89$0$0$0$0
90$0$0$0$0
91$0$0$0$0
92$0$0$0$0
93$0$0$0$0
94$0$0$0$0
95$0$0$0$0
96$0$0$0$0
97$0$0$0$0
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0