Can I retire at age 35 with 594,000?

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 $594,000?

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%
1 years$49,052$48,615$48,189$47,773$47,366$45,998
2 years$24,283$23,831$23,393$22,968$22,555$21,187
3 years$16,028$15,574$15,137$14,716$14,310$12,985
4 years$11,901$11,448$11,016$10,602$10,206$8,935
5 years$9,426$8,976$8,549$8,143$7,758$6,545
6 years$7,776$7,329$6,908$6,512$6,139$4,983
7 years$6,598$6,155$5,741$5,354$4,993$3,895
8 years$5,715$5,276$4,869$4,491$4,142$3,102
9 years$5,029$4,594$4,193$3,826$3,488$2,505
10 years$4,480$4,049$3,656$3,298$2,972$2,044
11 years$4,031$3,605$3,219$2,870$2,556$1,682
12 years$3,657$3,235$2,856$2,517$2,215$1,393
13 years$3,341$2,924$2,552$2,222$1,932$1,159
14 years$3,071$2,658$2,293$1,973$1,693$969
15 years$2,836$2,428$2,070$1,759$1,491$813
16 years$2,632$2,228$1,877$1,575$1,318$684
17 years$2,451$2,051$1,708$1,415$1,168$577
18 years$2,291$1,896$1,559$1,276$1,039$487
19 years$2,148$1,757$1,427$1,153$926$412
20 years$2,019$1,633$1,310$1,044$827$350
21 years$1,902$1,521$1,205$947$740$297
22 years$1,797$1,420$1,111$861$663$252
23 years$1,701$1,328$1,025$785$595$214
24 years$1,612$1,244$948$716$535$182
25 years$1,531$1,167$878$653$482$155
26 years$1,457$1,097$815$597$434$132
27 years$1,388$1,033$756$547$391$112
28 years$1,324$973$703$501$353$96
29 years$1,264$918$654$460$319$82
30 years$1,209$867$610$422$288$70
31 years$1,157$819$568$387$260$59
32 years$1,109$775$530$356$235$51
33 years$1,064$734$495$327$213$43
34 years$1,021$696$463$301$193$37
35 years$981$660$432$277$175$31
36 years$943$626$405$255$158$27
37 years$908$595$379$235$144$23
38 years$874$565$355$217$130$20
39 years$842$538$332$200$118$17
40 years$812$512$311$184$107$14
41 years$783$487$292$170$97$12
42 years$756$464$274$157$88$10
43 years$730$442$257$145$80$9
44 years$706$421$241$134$73$8
45 years$682$402$227$124$66$6
46 years$660$383$213$114$60$6
47 years$639$366$200$105$54$5
48 years$618$349$188$97$49$4
49 years$599$333$177$90$45$3
50 years$580$318$166$83$41$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $594,000, adding $5,723 every year, while hoping to spend $29,491 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: 65/30/5 Blend
34$594,000$594,000$594,000$594,000
35$660,491$629,009$619,802$702,599
36$696,483$628,453$609,187$730,739
37$735,158$626,880$597,229$757,410
38$776,758$624,211$583,850$785,761
39$821,549$620,360$568,971$815,952
40$869,825$615,235$552,509$848,157
41$921,905$608,740$534,376$882,574
42$978,144$600,772$514,482$919,418
43$1,038,928$591,223$492,731$958,927
44$1,104,684$579,979$469,023$1,001,366
45$1,175,881$566,917$443,254$1,047,027
46$1,253,033$551,908$415,315$1,096,232
47$1,336,707$534,816$385,092$1,149,338
48$1,427,525$515,496$352,467$1,206,740
49$1,526,172$493,795$317,315$1,268,874
50$1,633,403$469,552$279,506$1,336,223
51$1,750,045$442,595$238,904$1,409,318
52$1,877,010$412,743$195,368$1,488,749
53$2,015,303$379,805$148,751$1,575,168
54$2,166,027$343,578$98,897$1,669,293
55$2,330,397$303,849$45,645$1,771,920
56$2,509,752$260,392$0$1,883,927
57$2,705,562$212,967$0$2,006,880
58$2,919,450$161,322$0$2,143,894
59$3,153,198$105,191$0$2,293,725
60$3,408,772$44,293$0$2,457,690
61$3,688,333$0$0$2,637,246
62$3,994,264$0$0$2,841,153
63$4,329,185$0$0$3,080,429
64$4,695,986$0$0$3,342,520
65$5,097,844$0$0$3,629,703
66$5,538,262$0$0$3,944,485
67$6,021,097$0$0$4,289,629
68$6,550,596$0$0$4,668,175
69$7,131,436$0$0$5,083,475
70$7,768,773$0$0$5,539,219
71$8,468,280$0$0$6,039,471
72$9,236,210$0$0$6,588,709
73$10,079,451$0$0$7,191,866
74$11,005,588$0$0$7,854,375
75$12,022,979$0$0$8,582,221
76$13,140,831$0$0$9,381,998
77$14,369,287$0$0$10,260,971
78$15,719,519$0$0$11,227,143
79$17,203,840$0$0$12,289,330
80$18,835,810$0$0$13,457,246
81$20,630,372$0$0$14,741,593
82$22,603,989$0$0$16,154,163
83$24,774,798$0$0$17,707,946
84$27,162,784$0$0$19,417,256
85$29,789,965$0$0$21,297,862
86$32,680,600$0$0$23,367,143
87$35,861,419$0$0$25,644,242
88$39,361,876$0$0$28,150,255
89$43,214,420$0$0$30,908,426
90$47,454,810$0$0$33,944,366
91$52,122,443$0$0$37,286,295
92$57,260,733$0$0$40,965,308
93$62,917,516$0$0$45,015,669
94$69,145,500$0$0$49,475,132
95$76,002,767$0$0$54,385,297
96$83,553,314$0$0$59,792,006
97$91,867,662$0$0$65,745,771
98$101,023,518$0$0$72,302,252
99$111,106,511$0$0$79,522,781
100$122,210,995$0$0$87,474,944