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%19.9%
1 years$50,125$49,679$49,243$48,818$48,403$46,483
2 years$24,815$24,352$23,905$23,470$23,049$21,138
3 years$16,379$15,915$15,468$15,038$14,623$12,782
4 years$12,162$11,699$11,257$10,834$10,429$8,672
5 years$9,632$9,172$8,736$8,321$7,928$6,259
6 years$7,946$7,490$7,060$6,655$6,273$4,693
7 years$6,742$6,290$5,867$5,471$5,102$3,610
8 years$5,840$5,392$4,975$4,590$4,233$2,828
9 years$5,139$4,694$4,285$3,909$3,564$2,244
10 years$4,578$4,138$3,736$3,370$3,037$1,800
11 years$4,119$3,684$3,289$2,933$2,612$1,454
12 years$3,737$3,306$2,919$2,572$2,263$1,182
13 years$3,414$2,988$2,608$2,271$1,974$965
14 years$3,138$2,716$2,343$2,016$1,730$791
15 years$2,899$2,481$2,116$1,798$1,523$651
16 years$2,689$2,276$1,918$1,610$1,346$536
17 years$2,505$2,096$1,745$1,446$1,194$443
18 years$2,341$1,937$1,593$1,304$1,061$367
19 years$2,195$1,795$1,459$1,178$946$304
20 years$2,063$1,668$1,339$1,067$845$252
21 years$1,944$1,554$1,231$968$756$209
22 years$1,836$1,451$1,135$880$678$174
23 years$1,738$1,357$1,048$802$609$145
24 years$1,648$1,271$969$731$547$120
25 years$1,565$1,193$898$668$492$100
26 years$1,489$1,121$832$611$443$83
27 years$1,418$1,055$773$559$400$69
28 years$1,353$994$719$512$361$58
29 years$1,292$938$669$470$326$48
30 years$1,236$886$623$431$294$40
31 years$1,183$837$581$396$266$33
32 years$1,133$792$542$364$241$28
33 years$1,087$750$506$334$218$23
34 years$1,044$711$473$308$197$19
35 years$1,003$675$442$283$179$16
36 years$964$640$413$261$162$13
37 years$928$608$387$240$147$11
38 years$893$578$362$222$133$9
39 years$861$549$339$204$121$8
40 years$830$523$318$188$109$7
41 years$801$498$298$174$99$5
42 years$773$474$280$160$90$5
43 years$746$452$263$148$82$4
44 years$721$430$247$137$74$3
45 years$697$410$231$126$67$3
46 years$674$392$217$117$61$2
47 years$653$374$204$108$56$2
48 years$632$357$192$100$50$2
49 years$612$341$180$92$46$1
50 years$593$325$170$85$42$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $607,000, adding $2,278 every year, while hoping to spend $45,714 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: 37/48/15 Blend
34$607,000$607,000$607,000$607,000
35$671,264$639,093$629,684$692,958
36$691,093$621,769$602,139$691,430
37$711,413$602,064$572,140$685,245
38$732,226$579,813$539,554$677,580
39$753,531$554,842$504,247$668,328
40$775,327$526,966$466,076$657,373
41$797,612$495,989$424,891$644,593
42$820,382$461,705$380,538$629,857
43$843,628$423,896$332,853$613,027
44$867,341$382,331$281,668$593,958
45$891,510$336,765$226,803$572,495
46$916,119$286,941$168,076$548,471
47$941,148$232,586$105,292$521,713
48$966,576$173,413$38,249$492,036
49$992,374$109,118$0$459,242
50$1,018,510$39,379$0$428,452
51$1,044,947$0$0$400,996
52$1,071,642$0$0$389,635
53$1,098,542$0$0$399,113
54$1,125,590$0$0$408,604
55$1,152,720$0$0$418,080
56$1,179,855$0$0$427,509
57$1,206,909$0$0$436,852
58$1,233,783$0$0$446,070
59$1,260,368$0$0$455,114
60$1,286,537$0$0$463,932
61$1,312,151$0$0$472,466
62$1,337,050$0$0$480,648
63$1,361,058$0$0$488,404
64$1,383,974$0$0$495,652
65$1,405,577$0$0$502,298
66$1,425,617$0$0$508,238
67$1,443,816$0$0$513,358
68$1,459,864$0$0$517,528
69$1,473,416$0$0$520,606
70$1,484,087$0$0$522,431
71$1,491,447$0$0$522,828
72$1,495,022$0$0$521,599
73$1,494,283$0$0$518,526
74$1,488,641$0$0$513,367
75$1,477,445$0$0$505,853
76$1,459,971$0$0$495,686
77$1,435,417$0$0$482,537
78$1,402,895$0$0$466,040
79$1,361,418$0$0$445,790
80$1,309,897$0$0$421,340
81$1,247,124$0$0$392,193
82$1,171,762$0$0$357,801
83$1,082,332$0$0$317,558
84$977,199$0$0$270,792
85$854,552$0$0$216,763
86$712,393$0$0$154,652
87$548,509$0$0$83,551
88$360,458$0$0$2,462
89$145,540$0$0$0
90$0$0$0$0
91$0$0$0$0
92$0$0$0$0
93$0$0$0$0
94$0$0$0$0
95$0$0$0$0
96$0$0$0$0
97$0$0$0$0
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0