Can I retire at age 35 with 599,000?

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 $599,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17%
1 years$49,465$49,024$48,594$48,175$47,765$46,404
2 years$24,488$24,031$23,590$23,161$22,745$21,384
3 years$16,163$15,705$15,264$14,839$14,431$13,112
4 years$12,001$11,545$11,108$10,691$10,292$9,027
5 years$9,505$9,051$8,620$8,212$7,824$6,615
6 years$7,841$7,391$6,967$6,567$6,191$5,040
7 years$6,654$6,207$5,789$5,399$5,035$3,942
8 years$5,763$5,320$4,910$4,529$4,177$3,141
9 years$5,071$4,632$4,229$3,858$3,517$2,538
10 years$4,517$4,083$3,687$3,325$2,997$2,072
11 years$4,065$3,635$3,246$2,894$2,578$1,706
12 years$3,688$3,263$2,881$2,539$2,234$1,414
13 years$3,369$2,949$2,574$2,241$1,948$1,178
14 years$3,097$2,680$2,312$1,989$1,707$985
15 years$2,860$2,448$2,088$1,774$1,503$827
16 years$2,654$2,246$1,893$1,589$1,329$696
17 years$2,472$2,069$1,722$1,427$1,178$588
18 years$2,310$1,912$1,572$1,286$1,047$497
19 years$2,166$1,772$1,439$1,162$934$421
20 years$2,036$1,646$1,321$1,053$834$357
21 years$1,918$1,533$1,215$955$746$303
22 years$1,812$1,431$1,120$869$669$258
23 years$1,715$1,339$1,034$791$600$219
24 years$1,626$1,254$956$722$540$187
25 years$1,544$1,177$886$659$486$159
26 years$1,469$1,106$821$603$437$135
27 years$1,400$1,041$763$552$394$115
28 years$1,335$981$709$505$356$98
29 years$1,275$926$660$463$321$84
30 years$1,219$874$615$425$290$72
31 years$1,167$826$573$391$263$61
32 years$1,118$782$535$359$237$52
33 years$1,073$740$499$330$215$45
34 years$1,030$702$466$304$195$38
35 years$989$666$436$280$176$33
36 years$951$632$408$257$160$28
37 years$915$600$382$237$145$24
38 years$881$570$358$219$131$20
39 years$849$542$335$202$119$17
40 years$819$516$314$186$108$15
41 years$790$491$294$172$98$13
42 years$763$468$276$158$89$11
43 years$737$446$259$146$81$9
44 years$712$425$243$135$73$8
45 years$688$405$228$125$66$7
46 years$665$386$215$115$60$6
47 years$644$369$202$106$55$5
48 years$623$352$189$98$50$4
49 years$604$336$178$91$45$4
50 years$585$321$167$84$41$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $599,000, adding $6,380 every year, while hoping to spend $21,619 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: 55/31/14 Blend
34$599,000$599,000$599,000$599,000
35$666,679$634,932$625,647$700,573
36$711,678$643,041$623,604$732,435
37$760,542$650,823$620,768$764,227
38$813,643$658,239$617,089$798,348
39$871,389$665,247$612,516$835,024
40$934,230$671,804$606,995$874,505
41$1,002,661$677,861$600,468$917,069
42$1,077,225$683,370$592,877$963,020
43$1,158,522$688,275$584,159$1,012,694
44$1,247,211$692,520$574,248$1,066,463
45$1,344,018$696,045$563,077$1,124,738
46$1,449,742$698,785$550,573$1,187,972
47$1,565,261$700,671$536,663$1,256,664
48$1,691,544$701,630$521,267$1,331,366
49$1,829,656$701,585$504,305$1,412,686
50$1,980,771$700,453$485,690$1,501,298
51$2,146,182$698,147$465,332$1,597,944
52$2,327,311$694,575$443,139$1,703,441
53$2,525,725$689,637$419,013$1,818,693
54$2,743,149$683,230$392,850$1,944,698
55$2,981,485$675,243$364,545$2,082,557
56$3,242,824$665,558$333,985$2,233,483
57$3,529,473$654,051$301,054$2,398,816
58$3,843,971$640,590$265,631$2,580,036
59$4,189,113$625,037$227,587$2,778,773
60$4,567,981$607,242$186,790$2,996,828
61$4,983,969$587,050$143,101$3,236,187
62$5,440,814$564,296$96,375$3,499,040
63$5,942,634$538,804$46,461$3,787,805
64$6,493,967$510,389$0$4,105,148
65$7,099,808$478,854$0$4,455,027
66$7,765,664$443,994$0$4,847,144
67$8,497,600$405,588$0$5,278,154
68$9,302,298$363,405$0$5,752,034
69$10,187,121$317,200$0$6,273,166
70$11,160,179$266,715$0$6,846,381
71$12,230,409$211,676$0$7,477,006
72$13,407,658$151,795$0$8,170,917
73$14,702,773$86,767$0$8,934,587
74$16,127,707$16,269$0$9,775,158
75$17,695,629$0$0$10,700,500
76$19,421,051$0$0$11,739,771
77$21,319,961$0$0$12,889,714
78$23,409,975$0$0$14,155,453
79$25,710,505$0$0$15,548,755
80$28,242,940$0$0$17,082,580
81$31,030,847$0$0$18,771,214
82$34,100,195$0$0$20,630,393
83$37,479,598$0$0$22,677,461
84$41,200,589$0$0$24,931,527
85$45,297,909$0$0$27,413,648
86$49,809,844$0$0$30,147,028
87$54,778,581$0$0$33,157,233
88$60,250,604$0$0$36,472,438
89$66,277,139$0$0$40,123,690
90$72,914,632$0$0$44,145,197
91$80,225,281$0$0$48,574,658
92$88,277,627$0$0$53,453,614
93$97,147,198$0$0$58,827,840
94$106,917,220$0$0$64,747,778
95$117,679,407$0$0$71,269,015
96$129,534,820$0$0$78,452,802
97$142,594,827$0$0$86,366,637
98$156,982,149$0$0$95,084,900
99$172,832,022$0$0$104,689,556
100$190,293,469$0$0$115,270,925