Can I retire at age 35 with 608,000?

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 $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%13.4%
1 years$50,208$49,761$49,325$48,899$48,483$47,798
2 years$24,855$24,393$23,944$23,509$23,087$22,398
3 years$16,406$15,941$15,493$15,062$14,647$13,976
4 years$12,182$11,718$11,275$10,852$10,447$9,798
5 years$9,648$9,187$8,750$8,335$7,941$7,318
6 years$7,959$7,502$7,071$6,666$6,284$5,685
7 years$6,754$6,300$5,876$5,480$5,110$4,538
8 years$5,850$5,400$4,984$4,597$4,240$3,692
9 years$5,147$4,702$4,292$3,916$3,570$3,048
10 years$4,585$4,145$3,742$3,375$3,042$2,545
11 years$4,126$3,690$3,295$2,938$2,616$2,144
12 years$3,743$3,312$2,924$2,577$2,267$1,818
13 years$3,420$2,993$2,612$2,275$1,977$1,551
14 years$3,143$2,720$2,347$2,019$1,733$1,330
15 years$2,903$2,485$2,119$1,801$1,526$1,145
16 years$2,694$2,280$1,921$1,613$1,349$989
17 years$2,509$2,100$1,748$1,449$1,196$856
18 years$2,345$1,940$1,596$1,306$1,063$743
19 years$2,198$1,798$1,461$1,180$948$647
20 years$2,066$1,671$1,341$1,069$846$563
21 years$1,947$1,557$1,233$970$758$492
22 years$1,839$1,453$1,137$882$679$430
23 years$1,741$1,359$1,050$803$610$376
24 years$1,650$1,273$971$732$548$329
25 years$1,568$1,195$899$669$493$289
26 years$1,491$1,123$834$612$444$253
27 years$1,421$1,057$774$560$400$222
28 years$1,355$996$720$513$361$195
29 years$1,294$939$670$470$326$171
30 years$1,238$887$624$432$295$151
31 years$1,185$839$582$396$266$133
32 years$1,135$794$543$364$241$117
33 years$1,089$752$507$335$218$103
34 years$1,045$712$473$308$198$90
35 years$1,004$676$443$284$179$80
36 years$966$641$414$261$162$70
37 years$929$609$388$241$147$62
38 years$895$579$363$222$133$54
39 years$862$550$340$205$121$48
40 years$831$524$319$189$110$42
41 years$802$498$299$174$99$37
42 years$774$475$280$161$90$33
43 years$748$452$263$148$82$29
44 years$722$431$247$137$74$25
45 years$698$411$232$127$67$22
46 years$675$392$218$117$61$20
47 years$654$374$205$108$56$17
48 years$633$357$192$100$50$15
49 years$613$341$181$92$46$14
50 years$594$326$170$85$42$12

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $608,000, adding $2,449 every year, while hoping to spend $29,710 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: 64/13/23 Blend
34$608,000$608,000$608,000$608,000
35$672,542$640,318$630,894$711,417
36$709,530$640,083$620,418$737,690
37$749,295$638,840$608,595$762,835
38$792,089$636,509$595,349$789,632
39$838,189$633,004$580,599$818,245
40$887,898$628,235$564,263$848,857
41$941,550$622,105$546,252$881,669
42$999,511$614,511$526,475$916,904
43$1,062,186$605,347$504,836$954,808
44$1,130,016$594,495$481,235$995,656
45$1,203,488$581,837$455,567$1,039,748
46$1,283,138$567,241$427,723$1,087,419
47$1,369,555$550,572$397,589$1,139,038
48$1,463,385$531,686$365,044$1,195,015
49$1,565,342$510,430$329,964$1,255,800
50$1,676,208$486,642$292,219$1,321,894
51$1,796,845$460,152$251,672$1,393,848
52$1,928,202$430,778$208,182$1,472,273
53$2,071,321$398,328$161,598$1,557,844
54$2,227,351$362,602$111,768$1,651,306
55$2,397,557$323,385$58,527$1,753,483
56$2,583,328$280,452$1,709$1,865,285
57$2,786,196$233,563$0$1,987,718
58$3,007,847$182,466$0$2,136,354
59$3,250,137$126,896$0$2,299,346
60$3,515,108$66,571$0$2,477,676
61$3,805,010$1,194$0$2,672,891
62$4,122,319$0$0$2,886,694
63$4,469,764$0$0$3,130,912
64$4,850,348$0$0$3,398,652
65$5,267,379$0$0$3,692,076
66$5,724,499$0$0$4,013,752
67$6,225,720$0$0$4,366,509
68$6,775,462$0$0$4,753,464
69$7,378,591$0$0$5,178,047
70$8,040,468$0$0$5,644,039
71$8,766,998$0$0$6,155,603
72$9,564,686$0$0$6,717,328
73$10,440,697$0$0$7,334,265
74$11,402,924$0$0$8,011,980
75$12,460,063$0$0$8,756,605
76$13,621,692$0$0$9,574,894
77$14,898,364$0$0$10,474,291
78$16,301,705$0$0$11,462,993
79$17,844,524$0$0$12,550,033
80$19,540,932$0$0$13,745,362
81$21,406,476$0$0$15,059,944
82$23,458,285$0$0$16,505,859
83$25,715,231$0$0$18,096,416
84$28,198,109$0$0$19,846,279
85$30,929,827$0$0$21,771,605
86$33,935,630$0$0$23,890,196
87$37,243,329$0$0$26,221,667
88$40,883,572$0$0$28,787,629
89$44,890,123$0$0$31,611,898
90$49,300,191$0$0$34,720,712
91$54,154,770$0$0$38,142,983
92$59,499,035$0$0$41,910,570
93$65,382,759$0$0$46,058,577
94$71,860,790$0$0$50,625,684
95$78,993,564$0$0$55,654,513
96$86,847,674$0$0$61,192,031
97$95,496,502$0$0$67,289,989
98$105,020,906$0$0$74,005,415
99$115,509,988$0$0$81,401,147
100$127,061,931$0$0$89,546,430