Can I retire at age 35 with 607,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $607,000?

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$50,125$49,679$49,243$48,818$48,403$47,898
2 years$24,815$24,352$23,905$23,470$23,049$22,540
3 years$16,379$15,915$15,468$15,038$14,623$14,126
4 years$12,162$11,699$11,257$10,834$10,429$9,949
5 years$9,632$9,172$8,736$8,321$7,928$7,465
6 years$7,946$7,490$7,060$6,655$6,273$5,828
7 years$6,742$6,290$5,867$5,471$5,102$4,675
8 years$5,840$5,392$4,975$4,590$4,233$3,824
9 years$5,139$4,694$4,285$3,909$3,564$3,174
10 years$4,578$4,138$3,736$3,370$3,037$2,664
11 years$4,119$3,684$3,289$2,933$2,612$2,257
12 years$3,737$3,306$2,919$2,572$2,263$1,925
13 years$3,414$2,988$2,608$2,271$1,974$1,652
14 years$3,138$2,716$2,343$2,016$1,730$1,425
15 years$2,899$2,481$2,116$1,798$1,523$1,234
16 years$2,689$2,276$1,918$1,610$1,346$1,072
17 years$2,505$2,096$1,745$1,446$1,194$935
18 years$2,341$1,937$1,593$1,304$1,061$817
19 years$2,195$1,795$1,459$1,178$946$715
20 years$2,063$1,668$1,339$1,067$845$627
21 years$1,944$1,554$1,231$968$756$551
22 years$1,836$1,451$1,135$880$678$485
23 years$1,738$1,357$1,048$802$609$427
24 years$1,648$1,271$969$731$547$377
25 years$1,565$1,193$898$668$492$333
26 years$1,489$1,121$832$611$443$294
27 years$1,418$1,055$773$559$400$260
28 years$1,353$994$719$512$361$230
29 years$1,292$938$669$470$326$203
30 years$1,236$886$623$431$294$180
31 years$1,183$837$581$396$266$160
32 years$1,133$792$542$364$241$141
33 years$1,087$750$506$334$218$125
34 years$1,044$711$473$308$197$111
35 years$1,003$675$442$283$179$99
36 years$964$640$413$261$162$88
37 years$928$608$387$240$147$78
38 years$893$578$362$222$133$69
39 years$861$549$339$204$121$61
40 years$830$523$318$188$109$54
41 years$801$498$298$174$99$48
42 years$773$474$280$160$90$43
43 years$746$452$263$148$82$38
44 years$721$430$247$137$74$34
45 years$697$410$231$126$67$30
46 years$674$392$217$117$61$27
47 years$653$374$204$108$56$24
48 years$632$357$192$100$50$21
49 years$612$341$180$92$46$19
50 years$593$325$170$85$42$17

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $607,000, adding $5,845 every year, while hoping to spend $33,969 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: 68/20/12 Blend
34$607,000$607,000$607,000$607,000
35$674,943$642,772$633,364$718,677
36$707,645$638,125$618,439$743,864
37$742,543$632,112$601,875$766,795
38$779,827$624,630$583,582$790,993
39$819,702$615,570$563,465$816,579
40$862,395$604,816$541,425$843,686
41$908,154$592,247$517,357$872,461
42$957,251$577,732$491,154$903,068
43$1,009,985$561,135$462,701$935,688
44$1,066,683$542,310$431,881$970,521
45$1,127,704$521,103$398,569$1,007,789
46$1,193,445$497,353$362,637$1,047,738
47$1,264,339$470,885$323,948$1,090,642
48$1,340,863$441,520$282,361$1,136,801
49$1,423,541$409,064$237,730$1,186,549
50$1,512,948$373,314$189,899$1,240,256
51$1,609,716$334,054$138,709$1,298,332
52$1,714,543$291,058$83,991$1,361,228
53$1,828,191$244,085$25,570$1,429,447
54$1,951,503$192,882$0$1,503,543
55$2,085,403$137,180$0$1,588,837
56$2,230,909$76,696$0$1,685,100
57$2,389,139$11,131$0$1,789,829
58$2,561,324$0$0$1,903,881
59$2,748,821$0$0$2,041,369
60$2,953,118$0$0$2,193,879
61$3,175,858$0$0$2,360,191
62$3,418,844$0$0$2,541,656
63$3,684,066$0$0$2,739,763
64$3,973,709$0$0$2,956,151
65$4,290,183$0$0$3,192,624
66$4,636,139$0$0$3,451,168
67$5,014,496$0$0$3,733,970
68$5,428,467$0$0$4,043,437
69$5,881,592$0$0$4,382,221
70$6,377,768$0$0$4,753,241
71$6,921,285$0$0$5,159,712
72$7,516,871$0$0$5,605,175
73$8,169,728$0$0$6,093,529
74$8,885,591$0$0$6,629,069
75$9,670,772$0$0$7,216,525
76$10,532,225$0$0$7,861,107
77$11,477,610$0$0$8,568,554
78$12,515,363$0$0$9,345,187
79$13,654,780$0$0$10,197,970
80$14,906,096$0$0$11,134,574
81$16,280,591$0$0$12,163,448
82$17,790,687$0$0$13,293,902
83$19,450,071$0$0$14,536,190
84$21,273,822$0$0$15,901,610
85$23,278,551$0$0$17,402,609
86$25,482,558$0$0$19,052,899
87$27,906,006$0$0$20,867,589
88$30,571,109$0$0$22,863,322
89$33,502,341$0$0$25,058,439
90$36,726,667$0$0$27,473,144
91$40,273,798$0$0$30,129,699
92$44,176,468$0$0$33,052,633
93$48,470,745$0$0$36,268,972
94$53,196,370$0$0$39,808,494
95$58,397,128$0$0$43,704,010
96$64,121,268$0$0$47,991,672
97$70,421,950$0$0$52,711,317
98$77,357,752$0$0$57,906,837
99$84,993,217$0$0$63,626,598
100$93,399,467$0$0$69,923,892