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%14.8%
1 years$49,135$48,697$48,270$47,853$47,446$46,507
2 years$24,324$23,871$23,432$23,006$22,593$21,651
3 years$16,055$15,600$15,162$14,740$14,334$13,418
4 years$11,921$11,468$11,034$10,620$10,223$9,341
5 years$9,442$8,991$8,563$8,157$7,772$6,925
6 years$7,789$7,342$6,920$6,523$6,149$5,340
7 years$6,609$6,165$5,751$5,363$5,001$4,228
8 years$5,725$5,285$4,877$4,499$4,149$3,413
9 years$5,037$4,602$4,201$3,832$3,494$2,794
10 years$4,487$4,056$3,662$3,303$2,977$2,313
11 years$4,038$3,611$3,224$2,875$2,560$1,931
12 years$3,663$3,241$2,861$2,522$2,219$1,623
13 years$3,347$2,929$2,556$2,226$1,935$1,372
14 years$3,076$2,662$2,297$1,976$1,696$1,166
15 years$2,841$2,432$2,074$1,762$1,493$994
16 years$2,636$2,231$1,880$1,578$1,320$850
17 years$2,455$2,055$1,711$1,418$1,170$729
18 years$2,295$1,899$1,562$1,278$1,041$626
19 years$2,151$1,760$1,430$1,155$927$539
20 years$2,022$1,635$1,312$1,046$828$465
21 years$1,906$1,523$1,207$949$741$401
22 years$1,800$1,422$1,112$863$664$347
23 years$1,703$1,330$1,027$786$596$300
24 years$1,615$1,246$950$717$536$260
25 years$1,534$1,169$880$655$482$226
26 years$1,459$1,099$816$599$435$196
27 years$1,390$1,034$758$548$392$170
28 years$1,326$975$704$502$354$147
29 years$1,267$919$655$460$319$128
30 years$1,211$868$611$422$288$111
31 years$1,159$821$569$388$261$97
32 years$1,111$777$531$357$236$84
33 years$1,066$735$496$328$213$73
34 years$1,023$697$463$302$193$64
35 years$983$661$433$278$175$55
36 years$945$628$405$256$159$48
37 years$909$596$379$236$144$42
38 years$876$566$355$217$130$36
39 years$844$539$333$200$118$32
40 years$813$512$312$185$107$28
41 years$785$488$292$170$97$24
42 years$758$465$274$157$88$21
43 years$732$443$257$145$80$18
44 years$707$422$242$134$73$16
45 years$683$402$227$124$66$14
46 years$661$384$213$114$60$12
47 years$640$366$200$106$54$10
48 years$619$350$188$98$49$9
49 years$600$334$177$90$45$8
50 years$581$319$166$83$41$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $595,000, adding $2,846 every year, while hoping to spend $36,953 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: 65/16/19 Blend
34$595,000$595,000$595,000$595,000
35$658,626$627,091$617,868$698,116
36$686,488$618,500$599,249$716,377
37$715,953$608,251$578,768$731,841
38$747,147$596,221$556,323$747,861
39$780,204$582,285$531,808$764,493
40$815,274$566,306$505,113$781,800
41$852,519$548,142$476,121$799,850
42$892,117$527,642$444,712$818,722
43$934,262$504,645$410,759$838,503
44$979,167$478,983$374,130$859,293
45$1,027,065$450,476$334,686$881,200
46$1,078,212$418,935$292,284$904,348
47$1,132,886$384,160$246,772$928,874
48$1,191,396$345,939$197,994$954,931
49$1,254,076$304,048$145,785$982,690
50$1,321,296$258,250$89,973$1,012,343
51$1,393,461$208,297$30,379$1,044,102
52$1,471,014$153,924$0$1,078,205
53$1,554,443$94,852$0$1,121,650
54$1,644,284$30,788$0$1,175,007
55$1,741,125$0$0$1,232,480
56$1,845,610$0$0$1,301,269
57$1,958,450$0$0$1,381,443
58$2,080,424$0$0$1,468,139
59$2,212,389$0$0$1,561,971
60$2,355,287$0$0$1,663,612
61$2,510,154$0$0$1,773,803
62$2,678,128$0$0$1,893,360
63$2,860,461$0$0$2,023,178
64$3,058,531$0$0$2,164,244
65$3,273,852$0$0$2,317,641
66$3,508,092$0$0$2,484,563
67$3,763,084$0$0$2,666,323
68$4,040,846$0$0$2,864,365
69$4,343,598$0$0$3,080,279
70$4,673,785$0$0$3,315,813
71$5,034,095$0$0$3,572,895
72$5,427,490$0$0$3,853,644
73$5,857,229$0$0$4,160,392
74$6,326,899$0$0$4,495,710
75$6,840,451$0$0$4,862,426
76$7,402,234$0$0$5,263,653
77$8,017,036$0$0$5,702,821
78$8,690,131$0$0$6,183,706
79$9,427,326$0$0$6,710,466
80$10,235,014$0$0$7,287,680
81$11,120,240$0$0$7,920,391
82$12,090,757$0$0$8,614,154
83$13,155,110$0$0$9,375,087
84$14,322,706$0$0$10,209,926
85$15,603,908$0$0$11,126,095
86$17,010,132$0$0$12,131,767
87$18,553,952$0$0$13,235,949
88$20,249,218$0$0$14,448,559
89$22,111,189$0$0$15,780,526
90$24,156,671$0$0$17,243,887
91$26,404,183$0$0$18,851,904
92$28,874,121$0$0$20,619,186
93$31,588,960$0$0$22,561,830
94$34,573,458$0$0$24,697,567
95$37,854,890$0$0$27,045,934
96$41,463,309$0$0$29,628,455
97$45,431,825$0$0$32,468,843
98$49,796,915$0$0$35,593,228
99$54,598,773$0$0$39,030,395
100$59,881,681$0$0$42,812,063