Can I retire at age 35 with 597,000?

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 $597,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.5%
1 years$49,300$48,861$48,432$48,014$47,606$46,156
2 years$24,406$23,951$23,511$23,084$22,669$21,221
3 years$16,109$15,652$15,213$14,790$14,382$12,981
4 years$11,961$11,506$11,071$10,655$10,258$8,914
5 years$9,473$9,021$8,592$8,184$7,798$6,515
6 years$7,815$7,366$6,943$6,545$6,170$4,950
7 years$6,631$6,186$5,770$5,381$5,018$3,861
8 years$5,744$5,303$4,893$4,514$4,163$3,067
9 years$5,054$4,617$4,215$3,845$3,506$2,471
10 years$4,502$4,070$3,674$3,314$2,987$2,011
11 years$4,051$3,623$3,235$2,885$2,569$1,650
12 years$3,676$3,252$2,871$2,530$2,226$1,363
13 years$3,358$2,939$2,565$2,234$1,941$1,132
14 years$3,086$2,671$2,305$1,983$1,702$943
15 years$2,851$2,440$2,081$1,768$1,498$789
16 years$2,645$2,239$1,887$1,583$1,324$662
17 years$2,463$2,062$1,717$1,423$1,174$557
18 years$2,302$1,905$1,567$1,282$1,044$469
19 years$2,158$1,766$1,435$1,158$931$396
20 years$2,029$1,641$1,317$1,049$831$334
21 years$1,912$1,528$1,211$952$744$283
22 years$1,806$1,427$1,116$866$667$239
23 years$1,709$1,334$1,031$788$598$203
24 years$1,621$1,250$953$719$538$172
25 years$1,539$1,173$883$657$484$146
26 years$1,464$1,103$819$601$436$124
27 years$1,395$1,038$760$550$393$105
28 years$1,331$978$707$504$355$89
29 years$1,271$922$658$462$320$76
30 years$1,215$871$613$424$289$65
31 years$1,163$824$571$389$262$55
32 years$1,115$779$533$358$237$47
33 years$1,069$738$498$329$214$40
34 years$1,026$699$465$303$194$34
35 years$986$663$435$279$176$29
36 years$948$630$407$257$159$24
37 years$912$598$381$236$144$21
38 years$879$568$356$218$131$18
39 years$847$540$334$201$119$15
40 years$816$514$313$185$108$13
41 years$787$489$293$171$98$11
42 years$760$466$275$158$89$9
43 years$734$444$258$146$80$8
44 years$709$423$242$135$73$7
45 years$686$404$228$124$66$6
46 years$663$385$214$115$60$5
47 years$642$368$201$106$55$4
48 years$621$351$189$98$50$4
49 years$602$335$177$91$45$3
50 years$583$320$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 $597,000, adding $2,501 every year, while hoping to spend $24,995 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: 67/22/11 Blend
34$597,000$597,000$597,000$597,000
35$660,474$628,833$619,579$702,999
36$701,248$633,051$613,741$735,830
37$745,343$636,638$606,869$768,503
38$793,071$639,537$598,903$803,578
39$844,777$641,687$589,778$841,287
40$900,837$643,023$579,429$881,886
41$961,667$643,475$567,784$925,659
42$1,027,723$642,972$554,771$972,916
43$1,099,508$641,435$540,313$1,024,003
44$1,177,575$638,781$524,330$1,079,299
45$1,262,530$634,924$506,738$1,139,224
46$1,355,043$629,771$487,449$1,204,240
47$1,455,851$623,223$466,371$1,274,857
48$1,565,762$615,175$443,410$1,351,639
49$1,685,669$605,518$418,463$1,435,207
50$1,816,553$594,134$391,427$1,526,247
51$1,959,494$580,899$362,192$1,625,515
52$2,115,680$565,681$330,644$1,733,846
53$2,286,422$548,342$296,663$1,852,160
54$2,473,160$528,734$260,124$1,981,475
55$2,677,481$506,701$220,897$2,122,911
56$2,901,133$482,078$178,846$2,277,704
57$3,146,040$454,691$133,829$2,447,219
58$3,414,321$424,355$85,696$2,632,961
59$3,708,308$390,876$34,294$2,836,591
60$4,030,573$354,046$0$3,059,941
61$4,383,946$313,648$0$3,307,443
62$4,771,543$269,452$0$3,583,366
63$5,196,799$221,214$0$3,886,159
64$5,663,496$168,676$0$4,218,555
65$6,175,799$111,568$0$4,583,568
66$6,738,298$49,603$0$4,984,520
67$7,356,048$0$0$5,425,073
68$8,034,617$0$0$5,913,506
69$8,780,141$0$0$6,463,364
70$9,599,376$0$0$7,067,629
71$10,499,769$0$0$7,731,796
72$11,489,522$0$0$8,461,920
73$12,577,671$0$0$9,264,675
74$13,774,171$0$0$10,147,409
75$15,089,993$0$0$11,118,220
76$16,537,220$0$0$12,186,031
77$18,129,168$0$0$13,360,672
78$19,880,507$0$0$14,652,974
79$21,807,401$0$0$16,074,870
80$23,927,659$0$0$17,639,510
81$26,260,904$0$0$19,361,380
82$28,828,758$0$0$21,256,444
83$31,655,044$0$0$23,342,291
84$34,766,013$0$0$25,638,302
85$38,190,588$0$0$28,165,832
86$41,960,641$0$0$30,948,411
87$46,111,289$0$0$34,011,967
88$50,681,230$0$0$37,385,071
89$55,713,102$0$0$41,099,204
90$61,253,890$0$0$45,189,055
91$67,355,367$0$0$49,692,849
92$74,074,582$0$0$54,652,708
93$81,474,400$0$0$60,115,045
94$89,624,093$0$0$66,131,005
95$98,599,991$0$0$72,756,945
96$108,486,210$0$0$80,054,970
97$119,375,438$0$0$88,093,513
98$131,369,811$0$0$96,947,985
99$144,581,880$0$0$106,701,484
100$159,135,668$0$0$117,445,582