Can I retire at age 35 with 597,000?

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 $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%19.1%
1 years$49,300$48,861$48,432$48,014$47,606$45,862
2 years$24,406$23,951$23,511$23,084$22,669$20,932
3 years$16,109$15,652$15,213$14,790$14,382$12,706
4 years$11,961$11,506$11,071$10,655$10,258$8,655
5 years$9,473$9,021$8,592$8,184$7,798$6,273
6 years$7,815$7,366$6,943$6,545$6,170$4,724
7 years$6,631$6,186$5,770$5,381$5,018$3,651
8 years$5,744$5,303$4,893$4,514$4,163$2,873
9 years$5,054$4,617$4,215$3,845$3,506$2,292
10 years$4,502$4,070$3,674$3,314$2,987$1,847
11 years$4,051$3,623$3,235$2,885$2,569$1,500
12 years$3,676$3,252$2,871$2,530$2,226$1,226
13 years$3,358$2,939$2,565$2,234$1,941$1,007
14 years$3,086$2,671$2,305$1,983$1,702$830
15 years$2,851$2,440$2,081$1,768$1,498$686
16 years$2,645$2,239$1,887$1,583$1,324$569
17 years$2,463$2,062$1,717$1,423$1,174$473
18 years$2,302$1,905$1,567$1,282$1,044$394
19 years$2,158$1,766$1,435$1,158$931$328
20 years$2,029$1,641$1,317$1,049$831$274
21 years$1,912$1,528$1,211$952$744$229
22 years$1,806$1,427$1,116$866$667$191
23 years$1,709$1,334$1,031$788$598$160
24 years$1,621$1,250$953$719$538$134
25 years$1,539$1,173$883$657$484$112
26 years$1,464$1,103$819$601$436$94
27 years$1,395$1,038$760$550$393$79
28 years$1,331$978$707$504$355$66
29 years$1,271$922$658$462$320$55
30 years$1,215$871$613$424$289$46
31 years$1,163$824$571$389$262$39
32 years$1,115$779$533$358$237$33
33 years$1,069$738$498$329$214$27
34 years$1,026$699$465$303$194$23
35 years$986$663$435$279$176$19
36 years$948$630$407$257$159$16
37 years$912$598$381$236$144$14
38 years$879$568$356$218$131$11
39 years$847$540$334$201$119$10
40 years$816$514$313$185$108$8
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$3
46 years$663$385$214$115$60$3
47 years$642$368$201$106$55$2
48 years$621$351$189$98$50$2
49 years$602$335$177$91$45$2
50 years$583$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 $597,000, adding $6,388 every year, while hoping to spend $36,077 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: 58/16/26 Blend
34$597,000$597,000$597,000$597,000
35$664,483$632,842$623,589$697,993
36$693,875$625,466$606,093$714,245
37$725,055$616,519$586,803$727,580
38$758,169$605,886$565,618$741,363
39$793,374$593,446$542,438$755,645
40$830,842$579,069$517,154$770,487
41$870,764$562,619$489,654$785,956
42$913,345$543,951$459,821$802,130
43$958,813$522,912$427,533$819,094
44$1,007,417$499,339$392,660$836,946
45$1,059,429$473,062$355,069$855,796
46$1,115,147$443,899$314,620$875,766
47$1,174,900$411,658$271,168$896,995
48$1,239,047$376,136$224,559$919,638
49$1,307,983$337,120$174,635$943,868
50$1,382,140$294,382$121,228$969,879
51$1,461,995$247,683$64,166$997,890
52$1,548,070$196,771$3,267$1,028,141
53$1,640,938$141,378$0$1,060,906
54$1,741,230$81,222$0$1,113,610
55$1,849,639$16,005$0$1,171,547
56$1,966,926$0$0$1,234,243
57$2,093,928$0$0$1,311,788
58$2,231,565$0$0$1,398,923
59$2,380,848$0$0$1,493,476
60$2,542,891$0$0$1,596,157
61$2,718,917$0$0$1,707,748
62$2,910,273$0$0$1,829,107
63$3,118,438$0$0$1,961,181
64$3,345,043$0$0$2,105,009
65$3,591,879$0$0$2,261,738
66$3,860,921$0$0$2,432,626
67$4,154,340$0$0$2,619,061
68$4,474,524$0$0$2,822,569
69$4,824,105$0$0$3,044,830
70$5,205,979$0$0$3,287,694
71$5,623,333$0$0$3,553,198
72$6,079,677$0$0$3,843,583
73$6,578,875$0$0$4,161,318
74$7,125,182$0$0$4,509,121
75$7,723,283$0$0$4,889,985
76$8,378,337$0$0$5,307,207
77$9,096,026$0$0$5,764,417
78$9,882,607$0$0$6,265,612
79$10,744,971$0$0$6,815,195
80$11,690,708$0$0$7,418,017
81$12,728,177$0$0$8,079,418
82$13,866,586$0$0$8,805,282
83$15,116,077$0$0$9,602,089
84$16,487,822$0$0$10,476,979
85$17,994,127$0$0$11,437,816
86$19,648,548$0$0$12,493,261
87$21,466,019$0$0$13,652,859
88$23,462,991$0$0$14,927,122
89$25,657,590$0$0$16,327,632
90$28,069,780$0$0$17,867,150
91$30,721,560$0$0$19,559,733
92$33,637,164$0$0$21,420,869
93$36,843,294$0$0$23,467,621
94$40,369,365$0$0$25,718,788
95$44,247,789$0$0$28,195,086
96$48,514,277$0$0$30,919,334
97$53,208,172$0$0$33,916,679
98$58,372,825$0$0$37,214,826
99$64,056,003$0$0$40,844,301
100$70,310,332$0$0$44,838,739