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%12.2%
1 years$49,217$48,779$48,351$47,934$47,526$47,088
2 years$24,365$23,911$23,471$23,045$22,631$22,191
3 years$16,082$15,626$15,188$14,765$14,358$13,928
4 years$11,941$11,487$11,053$10,637$10,240$9,824
5 years$9,457$9,006$8,577$8,171$7,785$7,383
6 years$7,802$7,354$6,932$6,534$6,160$5,773
7 years$6,620$6,176$5,760$5,372$5,009$4,639
8 years$5,734$5,294$4,885$4,506$4,156$3,801
9 years$5,046$4,609$4,208$3,839$3,500$3,160
10 years$4,495$4,063$3,668$3,309$2,982$2,657
11 years$4,045$3,617$3,230$2,880$2,565$2,255
12 years$3,670$3,246$2,866$2,526$2,222$1,928
13 years$3,353$2,934$2,561$2,230$1,938$1,658
14 years$3,081$2,667$2,301$1,980$1,699$1,432
15 years$2,846$2,436$2,077$1,765$1,496$1,243
16 years$2,641$2,235$1,883$1,581$1,322$1,082
17 years$2,459$2,058$1,714$1,420$1,172$945
18 years$2,299$1,902$1,564$1,280$1,042$828
19 years$2,155$1,763$1,432$1,157$929$726
20 years$2,026$1,638$1,314$1,047$830$639
21 years$1,909$1,526$1,209$951$743$562
22 years$1,803$1,424$1,114$864$666$496
23 years$1,706$1,332$1,029$787$597$438
24 years$1,618$1,248$951$718$537$387
25 years$1,537$1,171$881$656$483$342
26 years$1,462$1,101$817$600$435$303
27 years$1,393$1,036$759$549$392$269
28 years$1,328$976$706$503$354$238
29 years$1,269$921$657$461$320$211
30 years$1,213$870$612$423$289$188
31 years$1,161$822$570$389$261$167
32 years$1,113$778$532$357$236$148
33 years$1,067$737$497$328$214$132
34 years$1,025$698$464$302$194$117
35 years$984$662$434$278$175$104
36 years$947$629$406$256$159$93
37 years$911$597$380$236$144$82
38 years$877$567$356$218$131$73
39 years$845$540$333$201$118$65
40 years$815$513$312$185$107$58
41 years$786$489$293$171$97$52
42 years$759$465$275$158$88$46
43 years$733$443$258$145$80$41
44 years$708$423$242$134$73$37
45 years$685$403$227$124$66$33
46 years$662$384$213$115$60$29
47 years$641$367$201$106$55$26
48 years$620$350$188$98$49$23
49 years$601$334$177$90$45$20
50 years$582$320$167$84$41$18

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $596,000, adding $2,483 every year, while hoping to spend $26,028 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: 38/45/17 Blend
34$596,000$596,000$596,000$596,000
35$659,353$627,765$618,527$680,949
36$698,914$630,832$611,554$699,750
37$741,637$633,177$603,475$717,386
38$787,818$634,737$594,226$735,896
39$837,782$635,445$583,739$755,373
40$891,884$635,230$571,943$775,918
41$950,517$634,018$558,764$797,649
42$1,014,112$631,727$544,125$820,695
43$1,083,144$628,273$527,945$845,199
44$1,158,132$623,567$510,139$871,323
45$1,239,651$617,511$490,618$899,246
46$1,328,332$610,006$469,290$929,169
47$1,424,869$600,943$446,058$961,314
48$1,530,026$590,209$420,821$995,930
49$1,644,643$577,684$393,473$1,033,294
50$1,769,645$563,239$363,903$1,073,713
51$1,906,051$546,740$331,996$1,117,529
52$2,054,981$528,043$297,631$1,165,124
53$2,217,669$506,998$260,682$1,216,920
54$2,395,474$483,443$221,017$1,273,388
55$2,589,890$457,209$178,499$1,335,049
56$2,802,564$428,117$132,984$1,402,484
57$3,035,308$395,978$84,322$1,476,335
58$3,290,120$360,591$32,356$1,557,316
59$3,569,196$321,744$0$1,646,220
60$3,874,958$279,213$0$1,748,114
61$4,210,071$232,762$0$1,866,319
62$4,577,471$182,140$0$1,996,068
63$4,980,392$127,085$0$2,138,593
64$5,422,396$67,316$0$2,295,253
65$5,907,406$2,539$0$2,467,551
66$6,439,742$0$0$2,657,150
67$7,024,165$0$0$2,899,339
68$7,665,917$0$0$3,166,753
69$8,370,774$0$0$3,460,551
70$9,145,099$0$0$3,783,397
71$9,995,901$0$0$4,138,223
72$10,930,903$0$0$4,528,263
73$11,958,609$0$0$4,957,077
74$13,088,394$0$0$5,428,588
75$14,330,583$0$0$5,947,119
76$15,696,550$0$0$6,517,432
77$17,198,830$0$0$7,144,774
78$18,851,231$0$0$7,834,925
79$20,668,967$0$0$8,594,255
80$22,668,803$0$0$9,429,782
81$24,869,207$0$0$10,349,239
82$27,290,531$0$0$11,361,145
83$29,955,196$0$0$12,474,888
84$32,887,910$0$0$13,700,813
85$36,115,894$0$0$15,050,317
86$39,669,146$0$0$16,535,960
87$43,580,717$0$0$18,171,578
88$47,887,026$0$0$19,972,422
89$52,628,202$0$0$21,955,294
90$57,848,463$0$0$24,138,707
91$63,596,536$0$0$26,543,063
92$69,926,109$0$0$29,190,843
93$76,896,344$0$0$32,106,820
94$84,572,433$0$0$35,318,288
95$93,026,212$0$0$38,855,329
96$102,336,839$0$0$42,751,087
97$112,591,542$0$0$47,042,086
98$123,886,439$0$0$51,768,575
99$136,327,448$0$0$56,974,904
100$150,031,285$0$0$62,709,945