Can I retire at age 35 with 608,000?

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 $608,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.6%
1 years$50,208$49,761$49,325$48,899$48,483$46,800
2 years$24,855$24,393$23,944$23,509$23,087$21,409
3 years$16,406$15,941$15,493$15,062$14,647$13,027
4 years$12,182$11,718$11,275$10,852$10,447$8,896
5 years$9,648$9,187$8,750$8,335$7,941$6,465
6 years$7,959$7,502$7,071$6,666$6,284$4,882
7 years$6,754$6,300$5,876$5,480$5,110$3,784
8 years$5,850$5,400$4,984$4,597$4,240$2,987
9 years$5,147$4,702$4,292$3,916$3,570$2,390
10 years$4,585$4,145$3,742$3,375$3,042$1,932
11 years$4,126$3,690$3,295$2,938$2,616$1,574
12 years$3,743$3,312$2,924$2,577$2,267$1,291
13 years$3,420$2,993$2,612$2,275$1,977$1,063
14 years$3,143$2,720$2,347$2,019$1,733$880
15 years$2,903$2,485$2,119$1,801$1,526$730
16 years$2,694$2,280$1,921$1,613$1,349$608
17 years$2,509$2,100$1,748$1,449$1,196$507
18 years$2,345$1,940$1,596$1,306$1,063$424
19 years$2,198$1,798$1,461$1,180$948$354
20 years$2,066$1,671$1,341$1,069$846$297
21 years$1,947$1,557$1,233$970$758$249
22 years$1,839$1,453$1,137$882$679$209
23 years$1,741$1,359$1,050$803$610$176
24 years$1,650$1,273$971$732$548$148
25 years$1,568$1,195$899$669$493$124
26 years$1,491$1,123$834$612$444$104
27 years$1,421$1,057$774$560$400$88
28 years$1,355$996$720$513$361$74
29 years$1,294$939$670$470$326$62
30 years$1,238$887$624$432$295$52
31 years$1,185$839$582$396$266$44
32 years$1,135$794$543$364$241$37
33 years$1,089$752$507$335$218$31
34 years$1,045$712$473$308$198$26
35 years$1,004$676$443$284$179$22
36 years$966$641$414$261$162$19
37 years$929$609$388$241$147$16
38 years$895$579$363$222$133$13
39 years$862$550$340$205$121$11
40 years$831$524$319$189$110$9
41 years$802$498$299$174$99$8
42 years$774$475$280$161$90$7
43 years$748$452$263$148$82$6
44 years$722$431$247$137$74$5
45 years$698$411$232$127$67$4
46 years$675$392$218$117$61$3
47 years$654$374$205$108$56$3
48 years$633$357$192$100$50$2
49 years$613$341$181$92$46$2
50 years$594$326$170$85$42$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $608,000, adding $2,782 every year, while hoping to spend $37,868 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: 36/40/24 Blend
34$608,000$608,000$608,000$608,000
35$672,886$640,662$631,238$692,156
36$701,229$631,763$612,093$697,696
37$731,194$621,159$591,038$699,993
38$762,906$608,726$567,968$701,719
39$796,502$594,334$542,775$702,847
40$832,132$577,843$515,345$703,348
41$869,960$559,108$485,559$703,198
42$910,164$537,972$453,293$702,372
43$952,941$514,272$418,418$700,846
44$998,503$487,834$380,798$698,598
45$1,047,087$458,474$340,291$695,610
46$1,098,948$425,997$296,748$691,864
47$1,154,368$390,199$250,017$687,350
48$1,213,655$350,861$199,935$682,057
49$1,277,149$307,754$146,334$675,982
50$1,345,220$260,635$89,037$669,126
51$1,418,275$209,248$27,862$661,499
52$1,496,760$153,323$0$653,116
53$1,581,166$92,572$0$653,585
54$1,672,031$26,695$0$661,596
55$1,769,947$0$0$670,106
56$1,875,562$0$0$698,875
57$1,989,589$0$0$742,689
58$2,112,814$0$0$790,106
59$2,246,096$0$0$841,466
60$2,390,383$0$0$897,145
61$2,546,715$0$0$957,554
62$2,716,237$0$0$1,023,144
63$2,900,209$0$0$1,094,414
64$3,100,013$0$0$1,171,912
65$3,317,172$0$0$1,256,239
66$3,553,362$0$0$1,348,058
67$3,810,425$0$0$1,448,098
68$4,090,389$0$0$1,557,163
69$4,395,486$0$0$1,676,135
70$4,728,170$0$0$1,805,987
71$5,091,145$0$0$1,947,789
72$5,487,386$0$0$2,102,719
73$5,920,167$0$0$2,272,073
74$6,393,093$0$0$2,457,280
75$6,910,134$0$0$2,659,912
76$7,475,658$0$0$2,881,701
77$8,094,478$0$0$3,124,551
78$8,771,891$0$0$3,390,564
79$9,513,730$0$0$3,682,050
80$10,326,422$0$0$4,001,555
81$11,217,040$0$0$4,351,884
82$12,193,376$0$0$4,736,125
83$13,264,013$0$0$5,157,679
84$14,438,403$0$0$5,620,294
85$15,726,957$0$0$6,128,096
86$17,141,142$0$0$6,685,632
87$18,693,590$0$0$7,297,909
88$20,398,216$0$0$7,970,445
89$22,270,346$0$0$8,709,315
90$24,326,867$0$0$9,521,216
91$26,586,378$0$0$10,413,523
92$29,069,372$0$0$11,394,361
93$31,798,423$0$0$12,472,682
94$34,798,403$0$0$13,658,348
95$38,096,712$0$0$14,962,227
96$41,723,538$0$0$16,396,289
97$45,712,140$0$0$17,973,725
98$50,099,163$0$0$19,709,067
99$54,924,981$0$0$21,618,328
100$60,234,077$0$0$23,719,150