Can I retire at age 35 with 604,000?

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 $604,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.1%
1 years$49,878$49,433$49,000$48,577$48,164$46,585
2 years$24,692$24,232$23,786$23,354$22,935$21,359
3 years$16,298$15,836$15,391$14,963$14,551$13,028
4 years$12,102$11,641$11,201$10,780$10,378$8,919
5 years$9,584$9,127$8,692$8,280$7,889$6,499
6 years$7,907$7,453$7,025$6,622$6,242$4,921
7 years$6,709$6,259$5,838$5,444$5,077$3,825
8 years$5,811$5,365$4,951$4,567$4,212$3,028
9 years$5,113$4,671$4,264$3,890$3,547$2,430
10 years$4,555$4,117$3,718$3,353$3,022$1,971
11 years$4,099$3,665$3,273$2,918$2,599$1,611
12 years$3,719$3,290$2,905$2,560$2,252$1,325
13 years$3,398$2,973$2,595$2,260$1,964$1,096
14 years$3,122$2,702$2,332$2,006$1,722$910
15 years$2,884$2,469$2,105$1,789$1,516$758
16 years$2,676$2,265$1,909$1,602$1,340$633
17 years$2,492$2,086$1,737$1,439$1,188$530
18 years$2,329$1,928$1,585$1,297$1,056$444
19 years$2,184$1,786$1,451$1,172$941$373
20 years$2,053$1,660$1,332$1,062$841$314
21 years$1,934$1,546$1,225$963$753$264
22 years$1,827$1,443$1,129$876$675$223
23 years$1,729$1,350$1,043$798$606$188
24 years$1,640$1,265$964$728$544$158
25 years$1,557$1,187$893$664$490$134
26 years$1,481$1,116$828$608$441$113
27 years$1,411$1,050$769$556$398$96
28 years$1,346$989$715$510$359$81
29 years$1,286$933$665$467$324$68
30 years$1,229$881$620$429$293$58
31 years$1,177$833$578$394$265$49
32 years$1,128$788$539$362$239$41
33 years$1,082$747$503$333$217$35
34 years$1,038$708$470$306$196$30
35 years$998$671$440$282$178$25
36 years$959$637$411$260$161$21
37 years$923$605$385$239$146$18
38 years$889$575$361$220$132$15
39 years$856$547$338$203$120$13
40 years$826$520$317$188$109$11
41 years$797$495$297$173$99$9
42 years$769$472$278$160$90$8
43 years$743$449$261$147$81$7
44 years$718$428$245$136$74$6
45 years$694$408$230$126$67$5
46 years$671$390$216$116$61$4
47 years$649$372$203$107$55$3
48 years$629$355$191$99$50$3
49 years$609$339$180$92$46$2
50 years$590$324$169$85$41$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $604,000, adding $3,876 every year, while hoping to spend $35,755 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: 37/43/20 Blend
34$604,000$604,000$604,000$604,000
35$669,606$637,594$628,232$690,218
36$699,863$630,793$611,235$698,728
37$732,007$622,461$592,470$704,276
38$766,195$612,484$571,840$709,532
39$802,594$600,743$549,244$714,491
40$841,391$587,112$524,576$719,148
41$882,788$571,456$497,725$723,505
42$927,009$553,633$468,575$727,562
43$974,297$533,494$437,005$731,328
44$1,024,919$510,879$402,889$734,814
45$1,079,169$485,620$366,093$738,035
46$1,137,368$457,539$326,481$741,015
47$1,199,869$426,449$283,908$743,782
48$1,267,060$392,149$238,223$746,374
49$1,339,366$354,430$189,270$748,837
50$1,417,253$313,069$136,882$751,228
51$1,501,235$267,831$80,890$753,613
52$1,591,875$218,469$21,114$756,074
53$1,689,792$164,720$0$758,706
54$1,795,666$106,306$0$770,729
55$1,910,245$42,936$0$788,568
56$2,034,351$0$0$807,907
57$2,168,887$0$0$841,126
58$2,314,848$0$0$899,279
59$2,473,325$0$0$962,492
60$2,645,522$0$0$1,031,256
61$2,832,760$0$0$1,106,106
62$3,036,495$0$0$1,187,636
63$3,258,326$0$0$1,276,496
64$3,500,016$0$0$1,373,403
65$3,763,502$0$0$1,479,145
66$4,050,919$0$0$1,594,592
67$4,364,613$0$0$1,720,698
68$4,707,169$0$0$1,858,515
69$5,081,434$0$0$2,009,203
70$5,490,538$0$0$2,174,036
71$5,937,932$0$0$2,354,419
72$6,427,411$0$0$2,551,898
73$6,963,157$0$0$2,768,176
74$7,549,775$0$0$3,005,127
75$8,192,332$0$0$3,264,817
76$8,896,414$0$0$3,549,521
77$9,668,169$0$0$3,861,742
78$10,514,369$0$0$4,204,240
79$11,442,473$0$0$4,580,054
80$12,460,696$0$0$4,992,531
81$13,578,088$0$0$5,445,358
82$14,804,614$0$0$5,942,597
83$16,151,256$0$0$6,488,721
84$17,630,107$0$0$7,088,658
85$19,254,491$0$0$7,747,840
86$21,039,084$0$0$8,472,246
87$23,000,056$0$0$9,268,466
88$25,155,219$0$0$10,143,761
89$27,524,197$0$0$11,106,127
90$30,128,610$0$0$12,164,378
91$32,992,277$0$0$13,328,222
92$36,141,441$0$0$14,608,354
93$39,605,013$0$0$16,016,560
94$43,414,850$0$0$17,565,826
95$47,606,049$0$0$19,270,456
96$52,217,282$0$0$21,146,217
97$57,291,155$0$0$23,210,475
98$62,874,617$0$0$25,482,369
99$69,019,394$0$0$27,982,985
100$75,782,483$0$0$30,735,559