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%18.7%
1 years$49,960$49,515$49,081$48,657$48,244$46,550
2 years$24,733$24,272$23,826$23,393$22,973$21,285
3 years$16,325$15,862$15,417$14,988$14,575$12,945
4 years$12,122$11,660$11,220$10,798$10,395$8,836
5 years$9,600$9,142$8,707$8,294$7,902$6,418
6 years$7,920$7,465$7,036$6,633$6,253$4,844
7 years$6,720$6,269$5,847$5,453$5,085$3,752
8 years$5,821$5,374$4,959$4,575$4,219$2,960
9 years$5,122$4,679$4,271$3,896$3,553$2,367
10 years$4,563$4,124$3,724$3,359$3,027$1,912
11 years$4,106$3,672$3,278$2,923$2,603$1,557
12 years$3,725$3,295$2,909$2,564$2,256$1,276
13 years$3,403$2,978$2,599$2,264$1,967$1,050
14 years$3,128$2,707$2,336$2,009$1,725$868
15 years$2,889$2,473$2,109$1,792$1,518$720
16 years$2,680$2,269$1,912$1,605$1,342$599
17 years$2,497$2,089$1,740$1,442$1,190$499
18 years$2,333$1,931$1,588$1,299$1,058$417
19 years$2,187$1,789$1,454$1,174$943$349
20 years$2,056$1,663$1,334$1,063$842$292
21 years$1,938$1,549$1,227$965$754$245
22 years$1,830$1,446$1,131$877$676$205
23 years$1,732$1,352$1,044$799$607$172
24 years$1,642$1,267$966$729$545$145
25 years$1,560$1,189$895$666$491$121
26 years$1,484$1,117$830$609$442$102
27 years$1,414$1,052$770$557$398$86
28 years$1,348$991$716$510$359$72
29 years$1,288$935$667$468$325$61
30 years$1,232$883$621$430$293$51
31 years$1,179$835$579$394$265$43
32 years$1,130$790$540$363$240$36
33 years$1,083$748$504$333$217$31
34 years$1,040$709$471$307$197$26
35 years$999$672$440$282$178$22
36 years$961$638$412$260$161$18
37 years$925$606$386$240$146$15
38 years$890$576$361$221$133$13
39 years$858$548$338$204$120$11
40 years$827$521$317$188$109$9
41 years$798$496$297$173$99$8
42 years$770$472$279$160$90$7
43 years$744$450$262$148$81$5
44 years$719$429$246$136$74$5
45 years$695$409$231$126$67$4
46 years$672$390$217$116$61$3
47 years$650$372$204$107$55$3
48 years$630$356$191$99$50$2
49 years$610$340$180$92$46$2
50 years$591$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 $605,000, adding $4,145 every year, while hoping to spend $29,600 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: 63/11/26 Blend
34$605,000$605,000$605,000$605,000
35$670,986$638,921$629,543$708,393
36$707,932$638,734$619,139$734,029
37$747,655$637,545$607,393$758,391
38$790,406$635,275$594,232$784,353
39$836,462$631,839$579,573$812,076
40$886,128$627,145$563,335$841,737
41$939,736$621,098$545,430$873,534
42$997,653$613,596$525,766$907,685
43$1,060,283$604,532$504,249$944,432
44$1,128,069$593,791$480,778$984,044
45$1,201,498$581,252$455,250$1,026,815
46$1,281,104$566,788$427,555$1,073,075
47$1,367,478$550,262$397,579$1,123,185
48$1,461,267$531,530$365,204$1,177,547
49$1,563,183$510,442$330,304$1,236,604
50$1,674,009$486,835$292,751$1,300,848
51$1,794,608$460,540$252,409$1,370,821
52$1,925,929$431,377$209,135$1,447,122
53$2,069,014$399,156$162,782$1,530,415
54$2,225,014$363,675$113,196$1,621,432
55$2,395,192$324,721$60,214$1,720,985
56$2,580,940$282,071$3,670$1,829,966
57$2,783,789$235,486$0$1,949,367
58$3,005,426$184,715$0$2,096,001
59$3,247,708$129,494$0$2,257,462
60$3,512,677$69,543$0$2,434,116
61$3,802,585$4,565$0$2,627,493
62$4,119,910$0$0$2,839,275
63$4,467,380$0$0$3,079,277
64$4,847,999$0$0$3,342,825
65$5,265,078$0$0$3,631,663
66$5,722,260$0$0$3,948,321
67$6,223,559$0$0$4,295,584
68$6,773,396$0$0$4,676,520
69$7,376,640$0$0$5,094,510
70$8,038,654$0$0$5,553,276
71$8,765,345$0$0$6,056,918
72$9,563,222$0$0$6,609,954
73$10,439,453$0$0$7,217,359
74$11,401,933$0$0$7,884,615
75$12,459,363$0$0$8,617,761
76$13,621,325$0$0$9,423,448
77$14,898,377$0$0$10,309,006
78$16,302,150$0$0$11,282,507
79$17,845,459$0$0$12,352,849
80$19,542,420$0$0$13,529,830
81$21,408,588$0$0$14,824,249
82$23,461,100$0$0$16,248,001
83$25,718,837$0$0$17,814,194
84$28,202,601$0$0$19,537,269
85$30,935,312$0$0$21,433,138
86$33,942,226$0$0$23,519,331
87$37,251,168$0$0$25,815,167
88$40,892,796$0$0$28,341,929
89$44,900,895$0$0$31,123,070
90$49,312,686$0$0$34,184,430
91$54,169,184$0$0$37,554,484
92$59,515,583$0$0$41,264,605
93$65,401,681$0$0$45,349,365
94$71,882,350$0$0$49,846,857
95$79,018,052$0$0$54,799,057
96$86,875,412$0$0$60,252,217
97$95,527,845$0$0$66,257,305
98$105,056,247$0$0$72,870,482
99$115,549,760$0$0$80,153,634
100$127,106,611$0$0$88,174,953