Can I retire at age 35 with 605,000?

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 $605,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.9%
1 years$49,960$49,515$49,081$48,657$48,244$47,660
2 years$24,733$24,272$23,826$23,393$22,973$22,386
3 years$16,325$15,862$15,417$14,988$14,575$14,003
4 years$12,122$11,660$11,220$10,798$10,395$9,842
5 years$9,600$9,142$8,707$8,294$7,902$7,369
6 years$7,920$7,465$7,036$6,633$6,253$5,741
7 years$6,720$6,269$5,847$5,453$5,085$4,595
8 years$5,821$5,374$4,959$4,575$4,219$3,750
9 years$5,122$4,679$4,271$3,896$3,553$3,105
10 years$4,563$4,124$3,724$3,359$3,027$2,600
11 years$4,106$3,672$3,278$2,923$2,603$2,197
12 years$3,725$3,295$2,909$2,564$2,256$1,869
13 years$3,403$2,978$2,599$2,264$1,967$1,600
14 years$3,128$2,707$2,336$2,009$1,725$1,376
15 years$2,889$2,473$2,109$1,792$1,518$1,189
16 years$2,680$2,269$1,912$1,605$1,342$1,030
17 years$2,497$2,089$1,740$1,442$1,190$895
18 years$2,333$1,931$1,588$1,299$1,058$780
19 years$2,187$1,789$1,454$1,174$943$681
20 years$2,056$1,663$1,334$1,063$842$596
21 years$1,938$1,549$1,227$965$754$522
22 years$1,830$1,446$1,131$877$676$458
23 years$1,732$1,352$1,044$799$607$402
24 years$1,642$1,267$966$729$545$353
25 years$1,560$1,189$895$666$491$311
26 years$1,484$1,117$830$609$442$274
27 years$1,414$1,052$770$557$398$241
28 years$1,348$991$716$510$359$213
29 years$1,288$935$667$468$325$188
30 years$1,232$883$621$430$293$166
31 years$1,179$835$579$394$265$146
32 years$1,130$790$540$363$240$129
33 years$1,083$748$504$333$217$114
34 years$1,040$709$471$307$197$101
35 years$999$672$440$282$178$89
36 years$961$638$412$260$161$79
37 years$925$606$386$240$146$70
38 years$890$576$361$221$133$62
39 years$858$548$338$204$120$55
40 years$827$521$317$188$109$48
41 years$798$496$297$173$99$43
42 years$770$472$279$160$90$38
43 years$744$450$262$148$81$34
44 years$719$429$246$136$74$30
45 years$695$409$231$126$67$26
46 years$672$390$217$116$61$23
47 years$650$372$204$107$55$21
48 years$630$356$191$99$50$18
49 years$610$340$180$92$46$16
50 years$591$324$169$85$41$14

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $605,000, adding $5,479 every year, while hoping to spend $37,378 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: 39/32/29 Blend
34$605,000$605,000$605,000$605,000
35$672,362$640,297$630,919$692,630
36$701,173$631,901$612,285$699,570
37$731,670$621,842$591,774$703,234
38$763,985$609,997$569,283$706,490
39$798,264$596,239$544,707$709,325
40$834,664$580,432$517,932$711,728
41$873,359$562,432$488,841$713,689
42$914,537$542,088$457,314$715,204
43$958,407$519,237$423,221$716,268
44$1,005,196$493,711$386,430$716,883
45$1,055,151$465,328$346,800$717,052
46$1,108,545$433,898$304,187$716,785
47$1,165,678$399,220$258,438$716,099
48$1,226,876$361,080$209,395$715,014
49$1,292,498$319,254$156,891$713,559
50$1,362,939$273,504$100,753$711,772
51$1,438,632$223,578$40,800$709,702
52$1,520,050$169,211$0$707,405
53$1,607,715$110,122$0$712,126
54$1,702,199$46,016$0$730,717
55$1,804,131$0$0$750,703
56$1,914,202$0$0$780,518
57$2,033,172$0$0$830,320
58$2,161,873$0$0$884,263
59$2,301,223$0$0$942,740
60$2,452,230$0$0$1,006,182
61$2,616,003$0$0$1,075,065
62$2,793,760$0$0$1,149,910
63$2,986,843$0$0$1,231,293
64$3,196,727$0$0$1,319,847
65$3,425,032$0$0$1,416,266
66$3,673,546$0$0$1,521,316
67$3,944,232$0$0$1,635,840
68$4,239,251$0$0$1,760,765
69$4,560,982$0$0$1,897,111
70$4,912,043$0$0$2,046,003
71$5,295,317$0$0$2,208,675
72$5,713,976$0$0$2,386,491
73$6,171,512$0$0$2,580,949
74$6,671,769$0$0$2,793,700
75$7,218,982$0$0$3,026,560
76$7,817,812$0$0$3,281,530
77$8,473,390$0$0$3,560,815
78$9,191,370$0$0$3,866,840
79$9,977,975$0$0$4,202,280
80$10,840,060$0$0$4,570,076
81$11,785,174$0$0$4,973,471
82$12,821,632$0$0$5,416,035
83$13,958,591$0$0$5,901,702
84$15,206,138$0$0$6,434,805
85$16,575,384$0$0$7,020,114
86$18,078,566$0$0$7,662,886
87$19,729,167$0$0$8,368,914
88$21,542,037$0$0$9,144,575
89$23,533,535$0$0$9,996,897
90$25,721,683$0$0$10,933,623
91$28,126,336$0$0$11,963,282
92$30,769,366$0$0$13,095,271
93$33,674,871$0$0$14,339,942
94$36,869,399$0$0$15,708,701
95$40,382,199$0$0$17,214,116
96$44,245,497$0$0$18,870,032
97$48,494,796$0$0$20,691,703
98$53,169,217$0$0$22,695,938
99$58,311,858$0$0$24,901,256
100$63,970,210$0$0$27,328,062