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%12.8%
1 years$49,960$49,515$49,081$48,657$48,244$47,680
2 years$24,733$24,272$23,826$23,393$22,973$22,406
3 years$16,325$15,862$15,417$14,988$14,575$14,022
4 years$12,122$11,660$11,220$10,798$10,395$9,860
5 years$9,600$9,142$8,707$8,294$7,902$7,387
6 years$7,920$7,465$7,036$6,633$6,253$5,758
7 years$6,720$6,269$5,847$5,453$5,085$4,611
8 years$5,821$5,374$4,959$4,575$4,219$3,765
9 years$5,122$4,679$4,271$3,896$3,553$3,119
10 years$4,563$4,124$3,724$3,359$3,027$2,614
11 years$4,106$3,672$3,278$2,923$2,603$2,210
12 years$3,725$3,295$2,909$2,564$2,256$1,882
13 years$3,403$2,978$2,599$2,264$1,967$1,612
14 years$3,128$2,707$2,336$2,009$1,725$1,387
15 years$2,889$2,473$2,109$1,792$1,518$1,199
16 years$2,680$2,269$1,912$1,605$1,342$1,040
17 years$2,497$2,089$1,740$1,442$1,190$904
18 years$2,333$1,931$1,588$1,299$1,058$788
19 years$2,187$1,789$1,454$1,174$943$689
20 years$2,056$1,663$1,334$1,063$842$603
21 years$1,938$1,549$1,227$965$754$529
22 years$1,830$1,446$1,131$877$676$464
23 years$1,732$1,352$1,044$799$607$408
24 years$1,642$1,267$966$729$545$359
25 years$1,560$1,189$895$666$491$316
26 years$1,484$1,117$830$609$442$279
27 years$1,414$1,052$770$557$398$246
28 years$1,348$991$716$510$359$217
29 years$1,288$935$667$468$325$191
30 years$1,232$883$621$430$293$169
31 years$1,179$835$579$394$265$149
32 years$1,130$790$540$363$240$132
33 years$1,083$748$504$333$217$117
34 years$1,040$709$471$307$197$103
35 years$999$672$440$282$178$91
36 years$961$638$412$260$161$81
37 years$925$606$386$240$146$72
38 years$890$576$361$221$133$63
39 years$858$548$338$204$120$56
40 years$827$521$317$188$109$50
41 years$798$496$297$173$99$44
42 years$770$472$279$160$90$39
43 years$744$450$262$148$81$35
44 years$719$429$246$136$74$31
45 years$695$409$231$126$67$27
46 years$672$390$217$116$61$24
47 years$650$372$204$107$55$21
48 years$630$356$191$99$50$19
49 years$610$340$180$92$46$17
50 years$591$324$169$85$41$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $605,000, adding $4,159 every year, while hoping to spend $40,609 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: 63/14/23 Blend
34$605,000$605,000$605,000$605,000
35$671,000$638,935$629,558$708,993
36$696,234$627,035$607,440$723,251
37$722,682$613,191$583,221$733,930
38$750,422$597,265$556,786$744,677
39$779,545$579,110$528,017$755,505
40$810,144$558,572$496,791$766,428
41$842,323$535,487$462,979$777,462
42$876,196$509,681$426,444$788,629
43$911,883$480,971$387,046$799,954
44$949,520$449,164$344,637$811,465
45$989,252$414,053$299,062$823,197
46$1,031,237$375,423$250,162$835,190
47$1,075,649$333,044$197,768$847,492
48$1,122,676$286,675$141,704$860,155
49$1,172,525$236,058$81,788$873,243
50$1,225,422$180,924$17,827$886,827
51$1,281,613$120,988$0$900,989
52$1,341,369$55,947$0$928,199
53$1,404,984$0$0$961,662
54$1,472,782$0$0$999,407
55$1,545,116$0$0$1,048,899
56$1,622,376$0$0$1,101,787
57$1,704,985$0$0$1,158,365
58$1,793,410$0$0$1,218,957
59$1,888,161$0$0$1,283,915
60$1,989,799$0$0$1,353,630
61$2,098,939$0$0$1,428,525
62$2,216,257$0$0$1,509,071
63$2,342,492$0$0$1,595,779
64$2,478,459$0$0$1,689,214
65$2,625,051$0$0$1,789,995
66$2,783,250$0$0$1,898,803
67$2,954,134$0$0$2,016,386
68$3,138,888$0$0$2,143,565
69$3,338,816$0$0$2,281,245
70$3,555,349$0$0$2,430,416
71$3,790,061$0$0$2,592,173
72$4,044,684$0$0$2,767,716
73$4,321,121$0$0$2,958,364
74$4,621,468$0$0$3,165,572
75$4,948,027$0$0$3,390,937
76$5,303,333$0$0$3,636,216
77$5,690,174$0$0$3,903,346
78$6,111,619$0$0$4,194,454
79$6,571,044$0$0$4,511,884
80$7,072,165$0$0$4,858,213
81$7,619,074$0$0$5,236,281
82$8,216,272$0$0$5,649,212
83$8,868,717$0$0$6,100,445
84$9,581,863$0$0$6,593,766
85$10,361,719$0$0$7,133,346
86$11,214,900$0$0$7,723,773
87$12,148,688$0$0$8,370,103
88$13,171,104$0$0$9,077,901
89$14,290,978$0$0$9,853,297
90$15,518,036$0$0$10,703,042
91$16,862,990$0$0$11,634,568
92$18,337,636$0$0$12,656,065
93$19,954,966$0$0$13,776,549
94$21,729,291$0$0$15,005,954
95$23,676,373$0$0$16,355,221
96$25,813,574$0$0$17,836,401
97$28,160,020$0$0$19,462,769
98$30,736,776$0$0$21,248,948
99$33,567,052$0$0$23,211,049
100$36,676,413$0$0$25,366,817