Can I retire at age 35 with 591,000?

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 $591,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.7%
1 years$48,804$48,370$47,945$47,531$47,127$45,839
2 years$24,161$23,711$23,274$22,852$22,442$21,153
3 years$15,947$15,495$15,060$14,641$14,238$12,990
4 years$11,841$11,391$10,960$10,548$10,155$8,956
5 years$9,378$8,930$8,505$8,102$7,719$6,574
6 years$7,737$7,292$6,874$6,479$6,108$5,017
7 years$6,565$6,124$5,712$5,327$4,967$3,930
8 years$5,686$5,249$4,844$4,469$4,121$3,137
9 years$5,003$4,571$4,172$3,806$3,470$2,539
10 years$4,457$4,029$3,638$3,281$2,957$2,077
11 years$4,011$3,587$3,202$2,856$2,543$1,714
12 years$3,639$3,219$2,842$2,505$2,204$1,423
13 years$3,324$2,909$2,539$2,211$1,922$1,188
14 years$3,055$2,644$2,281$1,963$1,685$996
15 years$2,822$2,416$2,060$1,751$1,483$837
16 years$2,618$2,216$1,868$1,567$1,311$707
17 years$2,439$2,041$1,699$1,408$1,162$598
18 years$2,279$1,886$1,551$1,269$1,034$506
19 years$2,137$1,748$1,420$1,147$921$430
20 years$2,009$1,624$1,303$1,039$823$365
21 years$1,893$1,513$1,199$943$736$311
22 years$1,788$1,412$1,105$857$660$265
23 years$1,692$1,321$1,020$781$592$226
24 years$1,604$1,238$944$712$533$193
25 years$1,524$1,161$874$650$479$165
26 years$1,449$1,092$810$594$432$141
27 years$1,381$1,027$753$544$389$120
28 years$1,317$968$700$499$351$103
29 years$1,258$913$651$457$317$88
30 years$1,203$862$606$420$286$75
31 years$1,152$815$565$385$259$64
32 years$1,103$771$528$354$234$55
33 years$1,058$731$493$326$212$47
34 years$1,016$692$460$300$192$40
35 years$976$657$430$276$174$35
36 years$939$623$402$254$158$30
37 years$903$592$377$234$143$25
38 years$870$563$353$216$129$22
39 years$838$535$331$199$117$19
40 years$808$509$310$183$106$16
41 years$779$485$290$169$97$14
42 years$752$461$272$156$88$12
43 years$727$440$256$144$80$10
44 years$702$419$240$133$72$9
45 years$679$400$225$123$66$7
46 years$657$381$212$114$60$6
47 years$635$364$199$105$54$5
48 years$615$347$187$97$49$5
49 years$596$332$176$90$45$4
50 years$577$317$165$83$40$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $591,000, adding $4,544 every year, while hoping to spend $34,556 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: 72/12/16 Blend
34$591,000$591,000$591,000$591,000
35$655,969$624,646$615,486$700,482
36$686,111$618,486$599,337$724,463
37$718,168$610,867$581,489$746,086
38$752,302$601,679$561,849$768,866
39$788,684$590,809$540,319$792,908
40$827,506$578,135$516,796$818,334
41$868,977$563,529$491,174$845,274
42$913,326$546,855$463,341$873,875
43$960,803$527,969$433,181$904,299
44$1,011,683$506,718$400,571$936,724
45$1,066,270$482,942$365,385$971,350
46$1,124,893$456,469$327,489$1,008,394
47$1,187,916$427,120$286,744$1,048,101
48$1,255,738$394,705$243,005$1,090,739
49$1,328,798$359,020$196,120$1,136,605
50$1,407,577$319,853$145,932$1,186,029
51$1,492,604$276,980$92,274$1,239,374
52$1,584,459$230,161$34,975$1,297,043
53$1,683,781$179,146$0$1,359,481
54$1,791,271$123,669$0$1,431,649
55$1,907,701$63,449$0$1,516,286
56$2,033,920$0$0$1,608,050
57$2,170,859$0$0$1,707,880
58$2,319,545$0$0$1,825,394
59$2,481,105$0$0$1,953,109
60$2,656,781$0$0$2,092,009
61$2,847,938$0$0$2,243,177
62$3,056,078$0$0$2,407,804
63$3,282,854$0$0$2,587,202
64$3,530,086$0$0$2,782,812
65$3,799,775$0$0$2,996,225
66$4,094,125$0$0$3,229,186
67$4,415,563$0$0$3,483,621
68$4,766,759$0$0$3,761,648
69$5,150,651$0$0$4,065,598
70$5,570,478$0$0$4,398,040
71$6,029,802$0$0$4,761,799
72$6,532,549$0$0$5,159,990
73$7,083,038$0$0$5,596,040
74$7,686,029$0$0$6,073,723
75$8,346,761$0$0$6,597,197
76$9,071,005$0$0$7,171,040
77$9,865,118$0$0$7,800,293
78$10,736,100$0$0$8,490,512
79$11,691,662$0$0$9,247,813
80$12,740,296$0$0$10,078,933
81$13,891,357$0$0$10,991,295
82$15,155,150$0$0$11,993,073
83$16,543,027$0$0$13,093,273
84$18,067,491$0$0$14,301,817
85$19,742,319$0$0$15,629,632
86$21,582,686$0$0$17,088,759
87$23,605,310$0$0$18,692,462
88$25,828,608$0$0$20,455,352
89$28,272,874$0$0$22,393,530
90$30,960,461$0$0$24,524,731
91$33,916,000$0$0$26,868,498
92$37,166,628$0$0$29,446,359
93$40,742,243$0$0$32,282,036
94$44,675,786$0$0$35,401,665
95$49,003,552$0$0$38,834,042
96$53,765,531$0$0$42,610,896
97$59,005,787$0$0$46,767,186
98$64,772,867$0$0$51,341,432
99$71,120,268$0$0$56,376,077
100$78,106,931$0$0$61,917,887