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%19.6%
1 years$49,878$49,433$49,000$48,577$48,164$46,308
2 years$24,692$24,232$23,786$23,354$22,935$21,087
3 years$16,298$15,836$15,391$14,963$14,551$12,770
4 years$12,102$11,641$11,201$10,780$10,378$8,676
5 years$9,584$9,127$8,692$8,280$7,889$6,272
6 years$7,907$7,453$7,025$6,622$6,242$4,711
7 years$6,709$6,259$5,838$5,444$5,077$3,630
8 years$5,811$5,365$4,951$4,567$4,212$2,848
9 years$5,113$4,671$4,264$3,890$3,547$2,265
10 years$4,555$4,117$3,718$3,353$3,022$1,819
11 years$4,099$3,665$3,273$2,918$2,599$1,473
12 years$3,719$3,290$2,905$2,560$2,252$1,200
13 years$3,398$2,973$2,595$2,260$1,964$982
14 years$3,122$2,702$2,332$2,006$1,722$807
15 years$2,884$2,469$2,105$1,789$1,516$665
16 years$2,676$2,265$1,909$1,602$1,340$549
17 years$2,492$2,086$1,737$1,439$1,188$455
18 years$2,329$1,928$1,585$1,297$1,056$377
19 years$2,184$1,786$1,451$1,172$941$313
20 years$2,053$1,660$1,332$1,062$841$260
21 years$1,934$1,546$1,225$963$753$217
22 years$1,827$1,443$1,129$876$675$180
23 years$1,729$1,350$1,043$798$606$150
24 years$1,640$1,265$964$728$544$125
25 years$1,557$1,187$893$664$490$105
26 years$1,481$1,116$828$608$441$87
27 years$1,411$1,050$769$556$398$73
28 years$1,346$989$715$510$359$61
29 years$1,286$933$665$467$324$51
30 years$1,229$881$620$429$293$42
31 years$1,177$833$578$394$265$35
32 years$1,128$788$539$362$239$30
33 years$1,082$747$503$333$217$25
34 years$1,038$708$470$306$196$21
35 years$998$671$440$282$178$17
36 years$959$637$411$260$161$14
37 years$923$605$385$239$146$12
38 years$889$575$361$220$132$10
39 years$856$547$338$203$120$8
40 years$826$520$317$188$109$7
41 years$797$495$297$173$99$6
42 years$769$472$278$160$90$5
43 years$743$449$261$147$81$4
44 years$718$428$245$136$74$3
45 years$694$408$230$126$67$3
46 years$671$390$216$116$61$2
47 years$649$372$203$107$55$2
48 years$629$355$191$99$50$2
49 years$609$339$180$92$46$1
50 years$590$324$169$85$41$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $604,000, adding $5,437 every year, while hoping to spend $36,864 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: 56/17/27 Blend
34$604,000$604,000$604,000$604,000
35$671,216$639,204$629,842$703,547
36$700,457$631,302$611,719$718,465
37$731,445$621,778$591,753$730,411
38$764,320$610,512$569,844$742,671
39$799,233$597,379$545,886$755,287
40$836,351$582,247$519,770$768,308
41$875,857$564,975$491,380$781,790
42$917,949$545,414$460,596$795,795
43$962,847$523,406$427,292$810,395
44$1,010,789$498,784$391,338$825,672
45$1,062,037$471,373$352,596$841,717
46$1,116,880$440,985$310,923$858,636
47$1,175,632$407,423$266,169$876,545
48$1,238,638$370,479$218,178$895,577
49$1,306,279$329,932$166,787$915,882
50$1,378,970$285,550$111,825$937,627
51$1,457,168$237,085$53,114$961,001
52$1,541,375$184,278$0$986,215
53$1,632,142$126,854$0$1,016,256
54$1,730,073$64,523$0$1,065,148
55$1,835,835$0$0$1,117,929
56$1,950,157$0$0$1,175,556
57$2,073,842$0$0$1,251,005
58$2,207,774$0$0$1,332,750
59$2,352,922$0$0$1,421,388
60$2,510,354$0$0$1,517,576
61$2,681,243$0$0$1,622,040
62$2,866,880$0$0$1,735,573
63$3,068,684$0$0$1,859,051
64$3,288,218$0$0$1,993,437
65$3,527,201$0$0$2,139,790
66$3,787,522$0$0$2,299,277
67$4,071,264$0$0$2,473,180
68$4,380,715$0$0$2,662,912
69$4,718,398$0$0$2,870,026
70$5,087,086$0$0$3,096,234
71$5,489,833$0$0$3,343,420
72$5,930,003$0$0$3,613,657
73$6,411,296$0$0$3,909,228
74$6,937,789$0$0$4,232,647
75$7,513,969$0$0$4,586,682
76$8,144,778$0$0$4,974,381
77$8,835,658$0$0$5,399,101
78$9,592,601$0$0$5,864,538
79$10,422,207$0$0$6,374,765
80$11,331,744$0$0$6,934,263
81$12,329,218$0$0$7,547,972
82$13,423,446$0$0$8,221,332
83$14,624,139$0$0$8,960,334
84$15,941,995$0$0$9,771,577
85$17,388,798$0$0$10,662,332
86$18,977,528$0$0$11,640,607
87$20,722,482$0$0$12,715,223
88$22,639,414$0$0$13,895,899
89$24,745,674$0$0$15,193,341
90$27,060,380$0$0$16,619,344
91$29,604,591$0$0$18,186,903
92$32,401,509$0$0$19,910,333
93$35,476,696$0$0$21,805,406
94$38,858,315$0$0$23,889,499
95$42,577,393$0$0$26,181,758
96$46,668,116$0$0$28,703,277
97$51,168,149$0$0$31,477,296
98$56,118,993$0$0$34,529,423
99$61,566,371$0$0$37,887,873
100$67,560,663$0$0$41,583,733