Can I retire at age 35 with 597,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $597,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.8%
1 years$49,300$48,861$48,432$48,014$47,606$45,917
2 years$24,406$23,951$23,511$23,084$22,669$20,986
3 years$16,109$15,652$15,213$14,790$14,382$12,757
4 years$11,961$11,506$11,071$10,655$10,258$8,703
5 years$9,473$9,021$8,592$8,184$7,798$6,318
6 years$7,815$7,366$6,943$6,545$6,170$4,766
7 years$6,631$6,186$5,770$5,381$5,018$3,689
8 years$5,744$5,303$4,893$4,514$4,163$2,909
9 years$5,054$4,617$4,215$3,845$3,506$2,325
10 years$4,502$4,070$3,674$3,314$2,987$1,877
11 years$4,051$3,623$3,235$2,885$2,569$1,527
12 years$3,676$3,252$2,871$2,530$2,226$1,250
13 years$3,358$2,939$2,565$2,234$1,941$1,029
14 years$3,086$2,671$2,305$1,983$1,702$850
15 years$2,851$2,440$2,081$1,768$1,498$705
16 years$2,645$2,239$1,887$1,583$1,324$586
17 years$2,463$2,062$1,717$1,423$1,174$488
18 years$2,302$1,905$1,567$1,282$1,044$407
19 years$2,158$1,766$1,435$1,158$931$340
20 years$2,029$1,641$1,317$1,049$831$284
21 years$1,912$1,528$1,211$952$744$238
22 years$1,806$1,427$1,116$866$667$200
23 years$1,709$1,334$1,031$788$598$167
24 years$1,621$1,250$953$719$538$140
25 years$1,539$1,173$883$657$484$118
26 years$1,464$1,103$819$601$436$99
27 years$1,395$1,038$760$550$393$83
28 years$1,331$978$707$504$355$70
29 years$1,271$922$658$462$320$59
30 years$1,215$871$613$424$289$49
31 years$1,163$824$571$389$262$42
32 years$1,115$779$533$358$237$35
33 years$1,069$738$498$329$214$29
34 years$1,026$699$465$303$194$25
35 years$986$663$435$279$176$21
36 years$948$630$407$257$159$18
37 years$912$598$381$236$144$15
38 years$879$568$356$218$131$12
39 years$847$540$334$201$119$10
40 years$816$514$313$185$108$9
41 years$787$489$293$171$98$7
42 years$760$466$275$158$89$6
43 years$734$444$258$146$80$5
44 years$709$423$242$135$73$4
45 years$686$404$228$124$66$4
46 years$663$385$214$115$60$3
47 years$642$368$201$106$55$3
48 years$621$351$189$98$50$2
49 years$602$335$177$91$45$2
50 years$583$320$167$84$41$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $597,000, adding $6,587 every year, while hoping to spend $33,824 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: 65/12/23 Blend
34$597,000$597,000$597,000$597,000
35$664,688$633,047$623,794$703,541
36$696,498$628,078$608,703$725,531
37$730,419$621,732$591,972$745,143
38$766,630$613,905$573,512$765,801
39$805,329$604,489$553,227$787,610
40$846,731$593,367$531,018$810,686
41$891,072$580,417$506,782$835,160
42$938,612$565,509$480,410$861,173
43$989,636$548,504$451,789$888,887
44$1,044,456$529,258$420,801$918,478
45$1,103,415$507,616$387,322$950,144
46$1,166,889$483,414$351,223$984,102
47$1,235,291$456,481$312,369$1,020,596
48$1,309,076$426,634$270,618$1,059,894
49$1,388,742$393,679$225,824$1,102,294
50$1,474,837$357,413$177,833$1,148,127
51$1,567,965$317,621$126,484$1,197,759
52$1,668,786$274,073$71,610$1,251,596
53$1,778,028$226,529$13,036$1,310,087
54$1,896,493$174,735$0$1,373,730
55$2,025,060$118,421$0$1,455,219
56$2,164,698$57,305$0$1,547,225
57$2,316,470$0$0$1,647,272
58$2,481,549$0$0$1,757,334
59$2,661,223$0$0$1,885,398
60$2,856,910$0$0$2,024,913
61$3,070,172$0$0$2,176,995
62$3,302,724$0$0$2,342,873
63$3,556,457$0$0$2,523,902
64$3,833,453$0$0$2,721,571
65$4,136,000$0$0$2,937,519
66$4,466,620$0$0$3,173,552
67$4,828,089$0$0$3,431,657
68$5,223,464$0$0$3,714,022
69$5,656,107$0$0$4,023,057
70$6,129,726$0$0$4,361,416
71$6,648,400$0$0$4,732,019
72$7,216,622$0$0$5,138,084
73$7,839,341$0$0$5,583,155
74$8,522,005$0$0$6,071,134
75$9,270,618$0$0$6,606,320
76$10,091,788$0$0$7,193,447
77$10,992,799$0$0$7,837,729
78$11,981,670$0$0$8,544,910
79$13,067,235$0$0$9,321,317
80$14,259,225$0$0$10,173,919
81$15,568,362$0$0$11,110,395
82$17,006,453$0$0$12,139,201
83$18,586,509$0$0$13,269,655
84$20,322,860$0$0$14,512,022
85$22,231,295$0$0$15,877,609
86$24,329,210$0$0$17,378,875
87$26,635,767$0$0$19,029,546
88$29,172,079$0$0$20,844,742
89$31,961,408$0$0$22,841,125
90$35,029,383$0$0$25,037,051
91$38,404,240$0$0$27,452,745
92$42,117,092$0$0$30,110,490
93$46,202,216$0$0$33,034,838
94$50,697,383$0$0$36,252,842
95$55,644,206$0$0$39,794,308
96$61,088,540$0$0$43,692,080
97$67,080,907$0$0$47,982,345
98$73,676,978$0$0$52,704,977
99$80,938,093$0$0$57,903,914
100$88,931,843$0$0$63,627,568