Can I retire at age 35 with 596,000?

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 $596,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.8%
1 years$49,217$48,779$48,351$47,934$47,526$45,658
2 years$24,365$23,911$23,471$23,045$22,631$20,773
3 years$16,082$15,626$15,188$14,765$14,358$12,567
4 years$11,941$11,487$11,053$10,637$10,240$8,530
5 years$9,457$9,006$8,577$8,171$7,785$6,160
6 years$7,802$7,354$6,932$6,534$6,160$4,621
7 years$6,620$6,176$5,760$5,372$5,009$3,557
8 years$5,734$5,294$4,885$4,506$4,156$2,788
9 years$5,046$4,609$4,208$3,839$3,500$2,214
10 years$4,495$4,063$3,668$3,309$2,982$1,776
11 years$4,045$3,617$3,230$2,880$2,565$1,436
12 years$3,670$3,246$2,866$2,526$2,222$1,168
13 years$3,353$2,934$2,561$2,230$1,938$955
14 years$3,081$2,667$2,301$1,980$1,699$783
15 years$2,846$2,436$2,077$1,765$1,496$645
16 years$2,641$2,235$1,883$1,581$1,322$532
17 years$2,459$2,058$1,714$1,420$1,172$440
18 years$2,299$1,902$1,564$1,280$1,042$364
19 years$2,155$1,763$1,432$1,157$929$302
20 years$2,026$1,638$1,314$1,047$830$251
21 years$1,909$1,526$1,209$951$743$208
22 years$1,803$1,424$1,114$864$666$173
23 years$1,706$1,332$1,029$787$597$144
24 years$1,618$1,248$951$718$537$120
25 years$1,537$1,171$881$656$483$100
26 years$1,462$1,101$817$600$435$83
27 years$1,393$1,036$759$549$392$69
28 years$1,328$976$706$503$354$58
29 years$1,269$921$657$461$320$48
30 years$1,213$870$612$423$289$40
31 years$1,161$822$570$389$261$34
32 years$1,113$778$532$357$236$28
33 years$1,067$737$497$328$214$23
34 years$1,025$698$464$302$194$19
35 years$984$662$434$278$175$16
36 years$947$629$406$256$159$14
37 years$911$597$380$236$144$11
38 years$877$567$356$218$131$9
39 years$845$540$333$201$118$8
40 years$815$513$312$185$107$7
41 years$786$489$293$171$97$5
42 years$759$465$275$158$88$5
43 years$733$443$258$145$80$4
44 years$708$423$242$134$73$3
45 years$685$403$227$124$66$3
46 years$662$384$213$115$60$2
47 years$641$367$201$106$55$2
48 years$620$350$188$98$49$2
49 years$601$334$177$90$45$1
50 years$582$320$167$84$41$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $596,000, adding $3,011 every year, while hoping to spend $41,188 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: 42/45/13 Blend
34$596,000$596,000$596,000$596,000
35$659,898$628,310$619,072$684,981
36$683,384$615,273$595,987$689,845
37$707,885$600,218$570,748$690,783
38$733,461$583,000$543,240$690,896
39$760,177$563,470$513,342$690,127
40$788,103$541,468$480,927$688,416
41$817,315$516,826$445,863$685,701
42$847,894$489,363$408,013$681,917
43$879,930$458,893$367,232$676,997
44$913,518$425,214$323,370$670,870
45$948,763$388,115$276,269$663,465
46$985,778$347,374$225,765$654,706
47$1,024,687$302,755$171,687$644,517
48$1,065,622$254,007$113,856$632,816
49$1,108,730$200,867$52,084$619,523
50$1,154,168$143,058$0$604,553
51$1,202,111$80,285$0$589,740
52$1,252,745$12,238$0$580,911
53$1,306,277$0$0$570,774
54$1,362,930$0$0$589,679
55$1,422,950$0$0$616,163
56$1,486,602$0$0$644,287
57$1,554,181$0$0$674,186
58$1,626,005$0$0$706,007
59$1,702,424$0$0$739,910
60$1,783,820$0$0$776,070
61$1,870,613$0$0$814,680
62$1,963,261$0$0$855,951
63$2,062,267$0$0$900,114
64$2,168,183$0$0$947,423
65$2,281,613$0$0$998,156
66$2,403,219$0$0$1,052,617
67$2,533,729$0$0$1,111,142
68$2,673,940$0$0$1,174,098
69$2,824,728$0$0$1,241,889
70$2,987,056$0$0$1,314,957
71$3,161,978$0$0$1,393,789
72$3,350,655$0$0$1,478,921
73$3,554,361$0$0$1,570,939
74$3,774,496$0$0$1,670,491
75$4,012,598$0$0$1,778,285
76$4,270,360$0$0$1,895,102
77$4,549,641$0$0$2,021,800
78$4,852,485$0$0$2,159,324
79$5,181,141$0$0$2,308,711
80$5,538,082$0$0$2,471,103
81$5,926,027$0$0$2,647,757
82$6,347,968$0$0$2,840,055
83$6,807,199$0$0$3,049,517
84$7,307,341$0$0$3,277,817
85$7,852,380$0$0$3,526,797
86$8,446,703$0$0$3,798,485
87$9,095,139$0$0$4,095,111
88$9,803,002$0$0$4,419,132
89$10,576,142$0$0$4,773,252
90$11,420,999$0$0$5,160,449
91$12,344,664$0$0$5,584,000
92$13,354,942$0$0$6,047,514
93$14,460,428$0$0$6,554,966
94$15,670,588$0$0$7,110,733
95$16,995,842$0$0$7,719,633
96$18,447,669$0$0$8,386,975
97$20,038,707$0$0$9,118,603
98$21,782,875$0$0$9,920,957
99$23,695,506$0$0$10,801,126
100$25,793,485$0$0$11,766,923