Can I retire at age 35 with 606,000?

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 $606,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.5%
1 years$50,043$49,597$49,162$48,738$48,323$47,819
2 years$24,774$24,312$23,865$23,432$23,011$22,503
3 years$16,352$15,888$15,442$15,013$14,599$14,103
4 years$12,142$11,680$11,238$10,816$10,412$9,932
5 years$9,616$9,157$8,721$8,308$7,915$7,453
6 years$7,933$7,477$7,048$6,644$6,263$5,819
7 years$6,731$6,279$5,857$5,462$5,094$4,667
8 years$5,830$5,383$4,967$4,582$4,226$3,817
9 years$5,130$4,687$4,278$3,903$3,559$3,168
10 years$4,570$4,131$3,730$3,364$3,032$2,660
11 years$4,112$3,678$3,284$2,928$2,608$2,253
12 years$3,731$3,301$2,914$2,568$2,260$1,922
13 years$3,409$2,983$2,604$2,267$1,971$1,650
14 years$3,133$2,711$2,339$2,013$1,727$1,423
15 years$2,894$2,477$2,112$1,795$1,521$1,232
16 years$2,685$2,273$1,915$1,607$1,344$1,071
17 years$2,501$2,093$1,743$1,444$1,192$933
18 years$2,337$1,934$1,591$1,301$1,060$815
19 years$2,191$1,792$1,456$1,176$945$714
20 years$2,060$1,666$1,336$1,065$844$626
21 years$1,941$1,551$1,229$967$755$550
22 years$1,833$1,448$1,133$879$677$484
23 years$1,735$1,354$1,046$800$608$427
24 years$1,645$1,269$967$730$546$376
25 years$1,562$1,191$896$667$491$332
26 years$1,486$1,119$831$610$443$293
27 years$1,416$1,053$772$558$399$259
28 years$1,351$993$717$511$360$229
29 years$1,290$936$668$469$325$203
30 years$1,234$884$622$430$294$180
31 years$1,181$836$580$395$266$159
32 years$1,132$791$541$363$240$141
33 years$1,085$749$505$334$217$125
34 years$1,042$710$472$307$197$111
35 years$1,001$673$441$283$178$98
36 years$962$639$413$260$162$87
37 years$926$607$386$240$146$78
38 years$892$577$362$221$133$69
39 years$859$549$339$204$120$61
40 years$828$522$318$188$109$54
41 years$799$497$298$174$99$48
42 years$772$473$279$160$90$43
43 years$745$451$262$148$82$38
44 years$720$430$246$137$74$34
45 years$696$410$231$126$67$30
46 years$673$391$217$116$61$27
47 years$651$373$204$108$55$24
48 years$631$356$192$99$50$21
49 years$611$340$180$92$46$19
50 years$592$325$169$85$42$17

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $606,000, adding $2,108 every year, while hoping to spend $24,669 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: 62/23/15 Blend
34$606,000$606,000$606,000$606,000
35$669,986$637,868$628,475$708,916
36$712,077$642,876$623,282$740,338
37$757,635$647,303$617,087$771,639
38$806,986$651,093$609,832$805,215
39$860,492$654,190$601,455$841,291
40$918,548$656,531$591,889$880,111
41$981,589$658,051$581,067$921,947
42$1,050,095$658,679$568,917$967,098
43$1,124,593$658,343$555,364$1,015,895
44$1,205,663$656,962$540,329$1,068,702
45$1,293,942$654,455$523,732$1,125,924
46$1,390,132$650,731$505,485$1,188,005
47$1,495,006$645,698$485,500$1,255,437
48$1,609,415$639,255$463,682$1,328,761
49$1,734,294$631,297$439,933$1,408,577
50$1,870,673$621,712$414,152$1,495,545
51$2,019,686$610,380$386,231$1,590,396
52$2,182,582$597,177$356,058$1,693,935
53$2,360,735$581,968$323,516$1,807,050
54$2,555,659$564,614$288,483$1,930,723
55$2,769,021$544,964$250,831$2,066,038
56$3,002,655$522,861$210,428$2,214,188
57$3,258,582$498,138$167,134$2,376,493
58$3,539,028$470,618$120,803$2,554,409
59$3,846,444$440,113$71,285$2,749,541
60$4,183,529$406,426$18,420$2,963,663
61$4,553,256$369,348$0$3,198,728
62$4,958,900$328,657$0$3,462,976
63$5,404,067$284,122$0$3,756,247
64$5,892,732$235,493$0$4,078,246
65$6,429,270$182,512$0$4,431,899
66$7,018,503$124,902$0$4,820,433
67$7,665,741$62,373$0$5,247,407
68$8,376,834$0$0$5,716,744
69$9,158,229$0$0$6,234,132
70$10,017,025$0$0$6,820,167
71$10,961,046$0$0$7,464,407
72$11,998,908$0$0$8,172,741
73$13,140,107$0$0$8,951,654
74$14,395,103$0$0$9,808,292
75$15,775,422$0$0$10,750,531
76$17,293,763$0$0$11,787,044
77$18,964,115$0$0$12,927,390
78$20,801,895$0$0$14,182,100
79$22,824,086$0$0$15,562,779
80$25,049,404$0$0$17,082,211
81$27,498,467$0$0$18,754,484
82$30,193,997$0$0$20,595,121
83$33,161,028$0$0$22,621,224
84$36,427,144$0$0$24,851,640
85$40,022,740$0$0$27,307,134
86$43,981,308$0$0$30,010,589
87$48,339,751$0$0$32,987,217
88$53,138,734$0$0$36,264,801
89$58,423,067$0$0$39,873,954
90$64,242,123$0$0$43,848,411
91$70,650,309$0$0$48,225,342
92$77,707,579$0$0$53,045,709
93$85,479,994$0$0$58,354,647
94$94,040,353$0$0$64,201,892
95$103,468,872$0$0$70,642,251
96$113,853,947$0$0$77,736,117
97$125,292,984$0$0$85,550,041
98$137,893,320$0$0$94,157,358
99$151,773,234$0$0$103,638,879
100$167,063,065$0$0$114,083,655