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%12.7%
1 years$49,960$49,515$49,081$48,657$48,244$47,700
2 years$24,733$24,272$23,826$23,393$22,973$22,426
3 years$16,325$15,862$15,417$14,988$14,575$14,041
4 years$12,122$11,660$11,220$10,798$10,395$9,879
5 years$9,600$9,142$8,707$8,294$7,902$7,405
6 years$7,920$7,465$7,036$6,633$6,253$5,775
7 years$6,720$6,269$5,847$5,453$5,085$4,627
8 years$5,821$5,374$4,959$4,575$4,219$3,780
9 years$5,122$4,679$4,271$3,896$3,553$3,134
10 years$4,563$4,124$3,724$3,359$3,027$2,628
11 years$4,106$3,672$3,278$2,923$2,603$2,223
12 years$3,725$3,295$2,909$2,564$2,256$1,894
13 years$3,403$2,978$2,599$2,264$1,967$1,623
14 years$3,128$2,707$2,336$2,009$1,725$1,398
15 years$2,889$2,473$2,109$1,792$1,518$1,209
16 years$2,680$2,269$1,912$1,605$1,342$1,049
17 years$2,497$2,089$1,740$1,442$1,190$913
18 years$2,333$1,931$1,588$1,299$1,058$797
19 years$2,187$1,789$1,454$1,174$943$697
20 years$2,056$1,663$1,334$1,063$842$610
21 years$1,938$1,549$1,227$965$754$535
22 years$1,830$1,446$1,131$877$676$470
23 years$1,732$1,352$1,044$799$607$414
24 years$1,642$1,267$966$729$545$364
25 years$1,560$1,189$895$666$491$321
26 years$1,484$1,117$830$609$442$283
27 years$1,414$1,052$770$557$398$250
28 years$1,348$991$716$510$359$221
29 years$1,288$935$667$468$325$195
30 years$1,232$883$621$430$293$173
31 years$1,179$835$579$394$265$153
32 years$1,130$790$540$363$240$135
33 years$1,083$748$504$333$217$119
34 years$1,040$709$471$307$197$106
35 years$999$672$440$282$178$94
36 years$961$638$412$260$161$83
37 years$925$606$386$240$146$74
38 years$890$576$361$221$133$65
39 years$858$548$338$204$120$58
40 years$827$521$317$188$109$51
41 years$798$496$297$173$99$45
42 years$770$472$279$160$90$40
43 years$744$450$262$148$81$36
44 years$719$429$246$136$74$32
45 years$695$409$231$126$67$28
46 years$672$390$217$116$61$25
47 years$650$372$204$107$55$22
48 years$630$356$191$99$50$20
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 $6,297 every year, while hoping to spend $32,502 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: 57/26/17 Blend
34$605,000$605,000$605,000$605,000
35$673,205$641,140$631,763$708,232
36$707,290$637,974$618,345$729,567
37$743,763$633,564$603,388$748,729
38$782,832$627,814$586,807$768,875
39$824,727$620,623$568,511$790,103
40$869,699$611,884$548,407$812,528
41$918,026$601,483$526,396$836,275
42$970,010$589,301$502,375$861,483
43$1,025,984$575,210$476,238$888,308
44$1,086,314$559,075$447,872$916,922
45$1,151,402$540,754$417,159$947,520
46$1,221,689$520,094$383,978$980,316
47$1,297,659$496,937$348,199$1,015,548
48$1,379,846$471,113$309,690$1,053,481
49$1,468,836$442,443$268,310$1,094,410
50$1,565,273$410,738$223,913$1,138,663
51$1,669,864$375,797$176,348$1,186,604
52$1,783,389$337,410$125,455$1,238,635
53$1,906,704$295,353$71,067$1,295,205
54$2,040,752$249,390$13,012$1,356,811
55$2,186,570$199,270$0$1,424,004
56$2,345,296$144,731$0$1,506,275
57$2,518,188$85,494$0$1,598,518
58$2,706,625$21,265$0$1,699,158
59$2,912,127$0$0$1,809,064
60$3,136,368$0$0$1,943,008
61$3,381,188$0$0$2,095,936
62$3,648,614$0$0$2,263,038
63$3,940,878$0$0$2,445,713
64$4,260,436$0$0$2,645,505
65$4,609,993$0$0$2,864,110
66$4,992,528$0$0$3,103,400
67$5,411,318$0$0$3,365,432
68$5,869,977$0$0$3,652,474
69$6,372,479$0$0$3,967,023
70$6,923,206$0$0$4,311,829
71$7,526,979$0$0$4,689,921
72$8,189,112$0$0$5,104,634
73$8,915,456$0$0$5,559,642
74$9,712,455$0$0$6,058,993
75$10,587,208$0$0$6,607,144
76$11,547,535$0$0$7,209,006
77$12,602,048$0$0$7,869,987
78$13,760,237$0$0$8,596,047
79$15,032,553$0$0$9,393,749
80$16,430,512$0$0$10,270,326
81$17,966,799$0$0$11,233,744
82$19,655,389$0$0$12,292,779
83$21,511,678$0$0$13,457,102
84$23,552,630$0$0$14,737,365
85$25,796,931$0$0$16,145,306
86$28,265,172$0$0$17,693,855
87$30,980,038$0$0$19,397,261
88$33,966,522$0$0$21,271,221
89$37,252,163$0$0$23,333,031
90$40,867,302$0$0$25,601,749
91$44,845,372$0$0$28,098,371
92$49,223,207$0$0$30,846,035
93$54,041,395$0$0$33,870,231
94$59,344,657$0$0$37,199,049
95$65,182,269$0$0$40,863,439
96$71,608,528$0$0$44,897,504
97$78,683,262$0$0$49,338,824
98$86,472,395$0$0$54,228,803
99$95,048,568$0$0$59,613,069
100$104,491,824$0$0$65,541,898