Can I retire at age 35 with 592,000?

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 $592,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.8%
1 years$48,887$48,451$48,026$47,612$47,207$45,714
2 years$24,201$23,751$23,314$22,890$22,479$20,989
3 years$15,974$15,521$15,086$14,666$14,262$12,821
4 years$11,861$11,410$10,978$10,566$10,172$8,791
5 years$9,394$8,945$8,520$8,116$7,732$6,415
6 years$7,750$7,305$6,885$6,490$6,118$4,866
7 years$6,576$6,134$5,722$5,336$4,976$3,788
8 years$5,696$5,258$4,852$4,476$4,128$3,005
9 years$5,012$4,578$4,179$3,813$3,476$2,416
10 years$4,465$4,036$3,644$3,287$2,962$1,963
11 years$4,017$3,593$3,208$2,860$2,547$1,608
12 years$3,645$3,225$2,847$2,509$2,208$1,325
13 years$3,330$2,914$2,543$2,215$1,925$1,098
14 years$3,060$2,649$2,285$1,966$1,687$913
15 years$2,827$2,420$2,063$1,754$1,486$762
16 years$2,623$2,220$1,871$1,570$1,313$638
17 years$2,443$2,045$1,702$1,411$1,164$535
18 years$2,283$1,889$1,554$1,271$1,035$450
19 years$2,140$1,751$1,423$1,149$923$379
20 years$2,012$1,627$1,306$1,040$824$319
21 years$1,896$1,516$1,201$944$738$270
22 years$1,791$1,415$1,107$859$661$228
23 years$1,695$1,323$1,022$782$593$192
24 years$1,607$1,240$945$713$533$163
25 years$1,526$1,163$875$651$480$138
26 years$1,452$1,093$812$595$432$117
27 years$1,383$1,029$754$545$390$99
28 years$1,319$970$701$499$352$84
29 years$1,260$915$652$458$318$71
30 years$1,205$864$607$420$287$60
31 years$1,154$817$566$386$259$51
32 years$1,105$773$528$355$235$43
33 years$1,060$732$493$326$212$37
34 years$1,018$694$461$300$192$31
35 years$978$658$431$276$174$26
36 years$940$624$403$254$158$22
37 years$905$593$377$234$143$19
38 years$871$564$353$216$130$16
39 years$839$536$331$199$118$14
40 years$809$510$310$184$107$12
41 years$781$485$291$170$97$10
42 years$754$462$273$156$88$8
43 years$728$440$256$144$80$7
44 years$703$420$240$133$72$6
45 years$680$400$226$123$66$5
46 years$658$382$212$114$60$4
47 years$636$364$199$105$54$4
48 years$616$348$187$97$49$3
49 years$597$332$176$90$45$3
50 years$578$317$165$83$41$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $592,000, adding $4,118 every year, while hoping to spend $34,430 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: 81/8/11 Blend
34$592,000$592,000$592,000$592,000
35$656,632$625,256$616,080$708,250
36$686,975$619,260$600,085$736,702
37$719,259$611,817$582,401$762,988
38$753,646$602,818$562,934$790,822
39$790,313$592,151$541,587$820,340
40$829,453$579,694$518,258$851,694
41$871,279$565,321$492,842$885,051
42$916,024$548,897$465,226$920,595
43$963,943$530,277$435,296$958,528
44$1,015,315$509,311$402,929$999,075
45$1,070,449$485,839$367,999$1,042,481
46$1,129,681$459,692$330,373$1,089,019
47$1,193,382$430,689$289,913$1,138,988
48$1,261,956$398,643$246,475$1,192,717
49$1,335,851$363,351$199,907$1,250,573
50$1,415,556$324,604$150,052$1,312,956
51$1,501,610$282,177$96,746$1,380,309
52$1,594,604$235,833$39,817$1,453,122
53$1,695,188$185,323$0$1,531,933
54$1,804,076$130,383$0$1,619,794
55$1,922,054$70,734$0$1,720,051
56$2,049,986$6,082$0$1,828,771
57$2,188,821$0$0$1,946,776
58$2,339,604$0$0$2,080,595
59$2,503,484$0$0$2,226,632
60$2,681,725$0$0$2,385,481
61$2,875,717$0$0$2,558,381
62$3,086,991$0$0$2,746,699
63$3,317,230$0$0$2,951,938
64$3,568,287$0$0$3,175,750
65$3,842,203$0$0$3,419,957
66$4,141,221$0$0$3,686,562
67$4,467,813$0$0$3,977,771
68$4,824,699$0$0$4,296,011
69$5,214,875$0$0$4,643,955
70$5,641,638$0$0$5,024,547
71$6,108,617$0$0$5,441,027
72$6,619,812$0$0$5,896,963
73$7,179,625$0$0$6,396,284
74$7,792,903$0$0$6,943,318
75$8,464,985$0$0$7,542,830
76$9,201,752$0$0$8,200,067
77$10,009,680$0$0$8,920,811
78$10,895,900$0$0$9,711,427
79$11,868,270$0$0$10,578,928
80$12,935,443$0$0$11,531,038
81$14,106,950$0$0$12,576,263
82$15,393,292$0$0$13,723,978
83$16,806,035$0$0$14,984,504
84$18,357,921$0$0$16,369,216
85$20,062,985$0$0$17,890,642
86$21,936,692$0$0$19,562,584
87$23,996,076$0$0$21,400,247
88$26,259,906$0$0$23,420,384
89$28,748,857$0$0$25,641,450
90$31,485,710$0$0$28,083,778
91$34,495,563$0$0$30,769,772
92$37,806,068$0$0$33,724,113
93$41,447,691$0$0$36,973,994
94$45,453,999$0$0$40,549,380
95$49,861,979$0$0$44,483,281
96$54,712,380$0$0$48,812,074
97$60,050,102$0$0$53,575,836
98$65,924,620$0$0$58,818,726
99$72,390,446$0$0$64,589,403
100$79,507,643$0$0$70,941,482