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%16.5%
1 years$49,217$48,779$48,351$47,934$47,526$46,264
2 years$24,365$23,911$23,471$23,045$22,631$21,369
3 years$16,082$15,626$15,188$14,765$14,358$13,135
4 years$11,941$11,487$11,053$10,637$10,240$9,065
5 years$9,457$9,006$8,577$8,171$7,785$6,661
6 years$7,802$7,354$6,932$6,534$6,160$5,089
7 years$6,620$6,176$5,760$5,372$5,009$3,991
8 years$5,734$5,294$4,885$4,506$4,156$3,190
9 years$5,046$4,609$4,208$3,839$3,500$2,585
10 years$4,495$4,063$3,668$3,309$2,982$2,117
11 years$4,045$3,617$3,230$2,880$2,565$1,749
12 years$3,670$3,246$2,866$2,526$2,222$1,454
13 years$3,353$2,934$2,561$2,230$1,938$1,215
14 years$3,081$2,667$2,301$1,980$1,699$1,020
15 years$2,846$2,436$2,077$1,765$1,496$859
16 years$2,641$2,235$1,883$1,581$1,322$726
17 years$2,459$2,058$1,714$1,420$1,172$615
18 years$2,299$1,902$1,564$1,280$1,042$522
19 years$2,155$1,763$1,432$1,157$929$444
20 years$2,026$1,638$1,314$1,047$830$378
21 years$1,909$1,526$1,209$951$743$322
22 years$1,803$1,424$1,114$864$666$275
23 years$1,706$1,332$1,029$787$597$235
24 years$1,618$1,248$951$718$537$201
25 years$1,537$1,171$881$656$483$171
26 years$1,462$1,101$817$600$435$147
27 years$1,393$1,036$759$549$392$126
28 years$1,328$976$706$503$354$108
29 years$1,269$921$657$461$320$92
30 years$1,213$870$612$423$289$79
31 years$1,161$822$570$389$261$68
32 years$1,113$778$532$357$236$58
33 years$1,067$737$497$328$214$50
34 years$1,025$698$464$302$194$43
35 years$984$662$434$278$175$37
36 years$947$629$406$256$159$31
37 years$911$597$380$236$144$27
38 years$877$567$356$218$131$23
39 years$845$540$333$201$118$20
40 years$815$513$312$185$107$17
41 years$786$489$293$171$97$15
42 years$759$465$275$158$88$13
43 years$733$443$258$145$80$11
44 years$708$423$242$134$73$9
45 years$685$403$227$124$66$8
46 years$662$384$213$115$60$7
47 years$641$367$201$106$55$6
48 years$620$350$188$98$49$5
49 years$601$334$177$90$45$4
50 years$582$320$167$84$41$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $596,000, adding $5,869 every year, while hoping to spend $20,009 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: 47/37/16 Blend
34$596,000$596,000$596,000$596,000
35$662,846$631,258$622,020$690,749
36$709,167$640,900$621,568$720,362
37$759,542$650,344$620,431$749,978
38$814,363$659,559$618,563$781,690
39$874,063$668,512$615,920$815,699
40$939,116$677,168$612,452$852,232
41$1,010,045$685,489$608,108$891,534
42$1,087,426$693,434$602,836$933,881
43$1,171,892$700,961$596,580$979,574
44$1,264,141$708,024$589,281$1,028,947
45$1,364,939$714,573$580,878$1,082,368
46$1,475,132$720,556$571,307$1,140,244
47$1,595,651$725,918$560,500$1,203,025
48$1,727,519$730,600$548,389$1,271,207
49$1,871,864$734,538$534,898$1,345,336
50$2,029,930$737,665$519,952$1,426,019
51$2,203,082$739,911$503,471$1,513,921
52$2,392,829$741,198$485,369$1,609,781
53$2,600,827$741,448$465,559$1,714,412
54$2,828,906$740,573$443,950$1,828,711
55$3,079,077$738,483$420,444$1,953,670
56$3,353,556$735,082$394,943$2,090,384
57$3,654,785$730,267$367,339$2,240,058
58$3,985,453$723,931$337,526$2,404,027
59$4,348,523$715,957$305,386$2,583,760
60$4,747,257$706,223$270,801$2,780,882
61$5,185,250$694,601$233,646$2,997,182
62$5,666,463$680,954$193,790$3,234,638
63$6,195,257$665,136$151,097$3,495,429
64$6,776,439$646,993$105,425$3,781,963
65$7,415,303$626,363$56,624$4,096,894
66$8,117,683$603,074$4,540$4,443,150
67$8,890,006$576,943$0$4,823,964
68$9,739,351$547,778$0$5,251,613
69$10,673,520$515,374$0$5,722,710
70$11,701,108$479,517$0$6,240,847
71$12,831,585$439,978$0$6,810,839
72$14,075,386$396,515$0$7,437,997
73$15,444,006$348,875$0$8,128,177
74$16,950,112$296,787$0$8,887,835
75$18,607,662$239,968$0$9,724,088
76$20,432,034$178,117$0$10,644,786
77$22,440,173$110,917$0$11,658,582
78$24,650,751$38,032$0$12,775,015
79$27,084,341$0$0$14,004,604
80$29,763,612$0$0$15,375,594
81$32,713,544$0$0$16,902,217
82$35,961,661$0$0$18,583,241
83$39,538,293$0$0$20,434,376
84$43,476,861$0$0$22,472,929
85$47,814,191$0$0$24,717,973
86$52,590,864$0$0$27,190,525
87$57,851,595$0$0$29,913,744
88$63,645,660$0$0$32,913,150
89$70,027,355$0$0$36,216,863
90$77,056,513$0$0$39,855,872
91$84,799,065$0$0$43,864,325
92$93,327,666$0$0$48,279,848
93$102,722,375$0$0$53,143,908
94$113,071,416$0$0$58,502,197
95$124,472,008$0$0$64,405,065
96$137,031,279$0$0$70,908,000
97$150,867,285$0$0$78,072,142
98$166,110,117$0$0$85,964,870
99$182,903,129$0$0$94,660,432
100$201,404,297$0$0$104,240,646