Can I retire at age 35 with 607,000?

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 $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%16.3%
1 years$50,125$49,679$49,243$48,818$48,403$47,156
2 years$24,815$24,352$23,905$23,470$23,049$21,801
3 years$16,379$15,915$15,468$15,038$14,623$13,414
4 years$12,162$11,699$11,257$10,834$10,429$9,267
5 years$9,632$9,172$8,736$8,321$7,928$6,816
6 years$7,946$7,490$7,060$6,655$6,273$5,213
7 years$6,742$6,290$5,867$5,471$5,102$4,093
8 years$5,840$5,392$4,975$4,590$4,233$3,275
9 years$5,139$4,694$4,285$3,909$3,564$2,657
10 years$4,578$4,138$3,736$3,370$3,037$2,179
11 years$4,119$3,684$3,289$2,933$2,612$1,802
12 years$3,737$3,306$2,919$2,572$2,263$1,500
13 years$3,414$2,988$2,608$2,271$1,974$1,256
14 years$3,138$2,716$2,343$2,016$1,730$1,056
15 years$2,899$2,481$2,116$1,798$1,523$891
16 years$2,689$2,276$1,918$1,610$1,346$753
17 years$2,505$2,096$1,745$1,446$1,194$639
18 years$2,341$1,937$1,593$1,304$1,061$543
19 years$2,195$1,795$1,459$1,178$946$462
20 years$2,063$1,668$1,339$1,067$845$394
21 years$1,944$1,554$1,231$968$756$337
22 years$1,836$1,451$1,135$880$678$288
23 years$1,738$1,357$1,048$802$609$246
24 years$1,648$1,271$969$731$547$211
25 years$1,565$1,193$898$668$492$180
26 years$1,489$1,121$832$611$443$155
27 years$1,418$1,055$773$559$400$133
28 years$1,353$994$719$512$361$114
29 years$1,292$938$669$470$326$98
30 years$1,236$886$623$431$294$84
31 years$1,183$837$581$396$266$72
32 years$1,133$792$542$364$241$62
33 years$1,087$750$506$334$218$53
34 years$1,044$711$473$308$197$46
35 years$1,003$675$442$283$179$39
36 years$964$640$413$261$162$34
37 years$928$608$387$240$147$29
38 years$893$578$362$222$133$25
39 years$861$549$339$204$121$21
40 years$830$523$318$188$109$18
41 years$801$498$298$174$99$16
42 years$773$474$280$160$90$14
43 years$746$452$263$148$82$12
44 years$721$430$247$137$74$10
45 years$697$410$231$126$67$9
46 years$674$392$217$117$61$7
47 years$653$374$204$108$56$6
48 years$632$357$192$100$50$5
49 years$612$341$180$92$46$5
50 years$593$325$170$85$42$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $607,000, adding $6,982 every year, while hoping to spend $42,441 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: 59/30/11 Blend
34$607,000$607,000$607,000$607,000
35$676,116$643,945$634,536$713,818
36$699,923$630,341$610,637$726,412
37$724,736$614,649$584,513$734,749
38$750,612$596,720$556,048$742,810
39$777,614$576,399$525,116$750,574
40$805,810$553,522$491,586$758,017
41$835,271$527,913$455,322$765,117
42$866,076$499,388$416,183$771,850
43$898,310$467,752$374,019$778,193
44$932,064$432,798$328,676$784,124
45$967,439$394,309$279,990$789,619
46$1,004,541$352,054$227,793$794,658
47$1,043,488$305,788$171,908$799,220
48$1,084,406$255,254$112,150$803,285
49$1,127,435$200,181$48,326$806,836
50$1,172,723$140,280$0$809,857
51$1,220,435$75,248$0$814,658
52$1,270,749$4,765$0$825,110
53$1,323,859$0$0$835,556
54$1,379,975$0$0$869,626
55$1,439,330$0$0$907,347
56$1,502,175$0$0$947,311
57$1,568,784$0$0$989,694
58$1,639,460$0$0$1,034,691
59$1,714,531$0$0$1,082,516
60$1,794,356$0$0$1,133,401
61$1,879,328$0$0$1,187,601
62$1,969,879$0$0$1,245,395
63$2,066,481$0$0$1,307,089
64$2,169,649$0$0$1,373,018
65$2,279,951$0$0$1,443,548
66$2,398,008$0$0$1,519,083
67$2,524,499$0$0$1,600,063
68$2,660,172$0$0$1,686,973
69$2,805,846$0$0$1,780,345
70$2,962,421$0$0$1,880,762
71$3,130,883$0$0$1,988,865
72$3,312,316$0$0$2,105,356
73$3,507,911$0$0$2,231,008
74$3,718,976$0$0$2,366,671
75$3,946,947$0$0$2,513,276
76$4,193,403$0$0$2,671,849
77$4,460,080$0$0$2,843,516
78$4,748,884$0$0$3,029,516
79$5,061,913$0$0$3,231,211
80$5,401,474$0$0$3,450,098
81$5,770,102$0$0$3,687,825
82$6,170,588$0$0$3,946,204
83$6,605,998$0$0$4,227,226
84$7,079,710$0$0$4,533,087
85$7,595,437$0$0$4,866,197
86$8,157,267$0$0$5,229,213
87$8,769,696$0$0$5,625,057
88$9,437,676$0$0$6,056,944
89$10,166,654$0$0$6,528,415
90$10,962,628$0$0$7,043,366
91$11,832,198$0$0$7,606,087
92$12,782,633$0$0$8,221,302
93$13,821,935$0$0$8,894,209
94$14,958,912$0$0$9,630,534
95$16,203,267$0$0$10,436,581
96$17,565,679$0$0$11,319,293
97$19,057,913$0$0$12,286,314
98$20,692,921$0$0$13,346,064
99$22,484,969$0$0$14,507,814
100$24,449,770$0$0$15,781,777