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%11.1%
1 years$49,135$48,697$48,270$47,853$47,446$47,226
2 years$24,324$23,871$23,432$23,006$22,593$22,372
3 years$16,055$15,600$15,162$14,740$14,334$14,117
4 years$11,921$11,468$11,034$10,620$10,223$10,013
5 years$9,442$8,991$8,563$8,157$7,772$7,568
6 years$7,789$7,342$6,920$6,523$6,149$5,953
7 years$6,609$6,165$5,751$5,363$5,001$4,812
8 years$5,725$5,285$4,877$4,499$4,149$3,968
9 years$5,037$4,602$4,201$3,832$3,494$3,320
10 years$4,487$4,056$3,662$3,303$2,977$2,811
11 years$4,038$3,611$3,224$2,875$2,560$2,401
12 years$3,663$3,241$2,861$2,522$2,219$2,067
13 years$3,347$2,929$2,556$2,226$1,935$1,790
14 years$3,076$2,662$2,297$1,976$1,696$1,558
15 years$2,841$2,432$2,074$1,762$1,493$1,362
16 years$2,636$2,231$1,880$1,578$1,320$1,195
17 years$2,455$2,055$1,711$1,418$1,170$1,051
18 years$2,295$1,899$1,562$1,278$1,041$928
19 years$2,151$1,760$1,430$1,155$927$821
20 years$2,022$1,635$1,312$1,046$828$727
21 years$1,906$1,523$1,207$949$741$646
22 years$1,800$1,422$1,112$863$664$574
23 years$1,703$1,330$1,027$786$596$511
24 years$1,615$1,246$950$717$536$456
25 years$1,534$1,169$880$655$482$407
26 years$1,459$1,099$816$599$435$363
27 years$1,390$1,034$758$548$392$325
28 years$1,326$975$704$502$354$290
29 years$1,267$919$655$460$319$260
30 years$1,211$868$611$422$288$233
31 years$1,159$821$569$388$261$209
32 years$1,111$777$531$357$236$187
33 years$1,066$735$496$328$213$168
34 years$1,023$697$463$302$193$150
35 years$983$661$433$278$175$135
36 years$945$628$405$256$159$121
37 years$909$596$379$236$144$109
38 years$876$566$355$217$130$98
39 years$844$539$333$200$118$88
40 years$813$512$312$185$107$79
41 years$785$488$292$170$97$71
42 years$758$465$274$157$88$64
43 years$732$443$257$145$80$57
44 years$707$422$242$134$73$52
45 years$683$402$227$124$66$46
46 years$661$384$213$114$60$42
47 years$640$366$200$106$54$38
48 years$619$350$188$98$49$34
49 years$600$334$177$90$45$30
50 years$581$319$166$83$41$27

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $595,000, adding $2,490 every year, while hoping to spend $25,923 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: 43/35/22 Blend
34$595,000$595,000$595,000$595,000
35$658,258$626,723$617,501$682,249
36$697,819$629,851$610,605$702,638
37$740,546$632,263$602,610$722,011
38$786,735$633,897$593,450$742,477
39$836,710$634,687$583,060$764,149
40$890,830$634,561$571,367$787,155
41$949,486$633,446$558,300$811,636
42$1,013,110$631,262$543,780$837,751
43$1,082,178$627,925$527,727$865,676
44$1,157,211$623,344$510,057$895,606
45$1,238,784$617,425$490,681$927,757
46$1,327,529$610,068$469,508$962,373
47$1,424,141$601,165$446,440$999,721
48$1,529,386$590,605$421,378$1,040,100
49$1,644,105$578,266$394,216$1,083,841
50$1,769,225$564,022$364,843$1,131,311
51$1,905,765$547,739$333,146$1,182,919
52$2,054,850$529,275$299,003$1,239,117
53$2,217,714$508,479$262,289$1,300,406
54$2,395,719$485,192$222,873$1,367,344
55$2,590,361$459,245$180,618$1,440,547
56$2,803,291$430,461$135,382$1,520,700
57$3,036,324$398,651$87,014$1,608,559
58$3,291,459$363,616$35,360$1,704,964
59$3,570,900$325,145$0$1,810,844
60$3,877,071$283,016$0$1,931,867
61$4,212,642$236,994$0$2,073,693
62$4,580,555$186,830$0$2,229,315
63$4,984,049$132,262$0$2,400,170
64$5,426,693$73,013$0$2,587,849
65$5,912,415$8,790$0$2,794,105
66$6,445,545$0$0$3,020,875
67$7,030,852$0$0$3,293,684
68$7,673,587$0$0$3,597,055
69$8,379,538$0$0$3,930,344
70$9,155,078$0$0$4,296,569
71$10,007,229$0$0$4,699,057
72$10,943,727$0$0$5,141,472
73$11,973,093$0$0$5,627,852
74$13,104,719$0$0$6,162,644
75$14,348,947$0$0$6,750,748
76$15,717,173$0$0$7,397,564
77$17,221,955$0$0$8,109,039
78$18,877,126$0$0$8,891,728
79$20,697,928$0$0$9,752,852
80$22,701,155$0$0$10,700,366
81$24,905,310$0$0$11,743,038
82$27,330,781$0$0$12,890,526
83$30,000,032$0$0$14,153,473
84$32,937,814$0$0$15,543,607
85$36,171,400$0$0$17,073,848
86$39,730,840$0$0$18,758,435
87$43,649,247$0$0$20,613,056
88$47,963,106$0$0$22,654,998
89$52,712,620$0$0$24,903,310
90$57,942,088$0$0$27,378,980
91$63,700,325$0$0$30,105,139
92$70,041,119$0$0$33,107,271
93$77,023,740$0$0$36,413,459
94$84,713,499$0$0$40,054,650
95$93,182,363$0$0$44,064,944
96$102,509,635$0$0$48,481,916
97$112,782,704$0$0$53,346,974
98$124,097,864$0$0$58,705,744
99$136,561,227$0$0$64,608,506
100$150,289,723$0$0$71,110,666