Can I retire at age 35 with 595,000?

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 $595,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.4%
1 years$49,135$48,697$48,270$47,853$47,446$46,393
2 years$24,324$23,871$23,432$23,006$22,593$21,538
3 years$16,055$15,600$15,162$14,740$14,334$13,310
4 years$11,921$11,468$11,034$10,620$10,223$9,237
5 years$9,442$8,991$8,563$8,157$7,772$6,827
6 years$7,789$7,342$6,920$6,523$6,149$5,247
7 years$6,609$6,165$5,751$5,363$5,001$4,141
8 years$5,725$5,285$4,877$4,499$4,149$3,331
9 years$5,037$4,602$4,201$3,832$3,494$2,717
10 years$4,487$4,056$3,662$3,303$2,977$2,241
11 years$4,038$3,611$3,224$2,875$2,560$1,864
12 years$3,663$3,241$2,861$2,522$2,219$1,561
13 years$3,347$2,929$2,556$2,226$1,935$1,314
14 years$3,076$2,662$2,297$1,976$1,696$1,111
15 years$2,841$2,432$2,074$1,762$1,493$944
16 years$2,636$2,231$1,880$1,578$1,320$803
17 years$2,455$2,055$1,711$1,418$1,170$686
18 years$2,295$1,899$1,562$1,278$1,041$587
19 years$2,151$1,760$1,430$1,155$927$503
20 years$2,022$1,635$1,312$1,046$828$432
21 years$1,906$1,523$1,207$949$741$371
22 years$1,800$1,422$1,112$863$664$319
23 years$1,703$1,330$1,027$786$596$275
24 years$1,615$1,246$950$717$536$237
25 years$1,534$1,169$880$655$482$205
26 years$1,459$1,099$816$599$435$177
27 years$1,390$1,034$758$548$392$153
28 years$1,326$975$704$502$354$132
29 years$1,267$919$655$460$319$114
30 years$1,211$868$611$422$288$99
31 years$1,159$821$569$388$261$85
32 years$1,111$777$531$357$236$74
33 years$1,066$735$496$328$213$64
34 years$1,023$697$463$302$193$55
35 years$983$661$433$278$175$48
36 years$945$628$405$256$159$41
37 years$909$596$379$236$144$36
38 years$876$566$355$217$130$31
39 years$844$539$333$200$118$27
40 years$813$512$312$185$107$23
41 years$785$488$292$170$97$20
42 years$758$465$274$157$88$17
43 years$732$443$257$145$80$15
44 years$707$422$242$134$73$13
45 years$683$402$227$124$66$11
46 years$661$384$213$114$60$10
47 years$640$366$200$106$54$9
48 years$619$350$188$98$49$7
49 years$600$334$177$90$45$6
50 years$581$319$166$83$41$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $595,000, adding $4,092 every year, while hoping to spend $28,136 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: 88/6/6 Blend
34$595,000$595,000$595,000$595,000
35$659,911$628,376$619,153$717,499
36$697,285$629,230$609,959$756,462
37$737,529$629,183$599,513$794,927
38$780,905$628,160$587,744$836,289
39$827,701$626,085$574,578$880,819
40$878,237$622,872$559,936$928,814
41$932,859$618,435$543,736$980,601
42$991,951$612,679$525,892$1,036,542
43$1,055,935$605,505$506,314$1,097,033
44$1,125,274$596,808$484,909$1,162,511
45$1,200,476$586,477$461,578$1,233,457
46$1,282,103$574,392$436,219$1,310,400
47$1,370,770$560,430$408,724$1,393,924
48$1,467,154$544,457$378,983$1,484,670
49$1,572,001$526,333$346,876$1,583,344
50$1,686,132$505,909$312,283$1,690,727
51$1,810,448$483,029$275,075$1,807,674
52$1,945,943$457,527$235,119$1,935,131
53$2,093,709$429,226$192,276$2,074,137
54$2,254,950$397,940$146,399$2,225,840
55$2,430,989$363,474$97,338$2,391,500
56$2,623,284$325,619$44,934$2,572,509
57$2,833,441$284,155$0$2,770,399
58$3,063,224$238,851$0$2,987,562
59$3,314,580$189,462$0$3,228,269
60$3,589,649$135,728$0$3,491,701
61$3,890,790$77,376$0$3,780,129
62$4,220,601$14,117$0$4,096,051
63$4,581,940$0$0$4,442,222
64$4,977,956$0$0$4,825,266
65$5,412,120$0$0$5,246,232
66$5,888,250$0$0$5,707,894
67$6,410,554$0$0$6,214,331
68$6,983,667$0$0$6,770,038
69$7,612,693$0$0$7,379,966
70$8,303,255$0$0$8,049,566
71$9,061,549$0$0$8,784,847
72$9,894,396$0$0$9,592,424
73$10,809,313$0$0$10,479,587
74$11,814,581$0$0$11,454,366
75$12,919,322$0$0$12,525,607
76$14,133,586$0$0$13,703,056
77$15,468,444$0$0$14,997,450
78$16,936,095$0$0$16,420,617
79$18,549,977$0$0$17,985,590
80$20,324,896$0$0$19,706,728
81$22,277,166$0$0$21,599,849
82$24,424,760$0$0$23,682,385
83$26,787,482$0$0$25,973,539
84$29,387,150$0$0$28,494,471
85$32,247,805$0$0$31,268,494
86$35,395,937$0$0$34,321,296
87$38,860,733$0$0$37,681,182
88$42,674,351$0$0$41,379,338
89$46,872,229$0$0$45,450,128
90$51,493,410$0$0$49,931,417
91$56,580,918$0$0$54,864,927
92$62,182,160$0$0$60,296,631
93$68,349,374$0$0$66,277,186
94$75,140,119$0$0$72,862,412
95$82,617,823$0$0$80,113,817
96$90,852,374$0$0$88,099,178
97$99,920,787$0$0$96,893,179
98$109,907,925$0$0$106,578,117
99$120,907,300$0$0$117,244,676
100$133,021,958$0$0$128,992,785