Can I retire at age 35 with 609,000?

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 $609,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.8%
1 years$50,291$49,843$49,406$48,979$48,563$47,601
2 years$24,896$24,433$23,983$23,548$23,125$22,161
3 years$16,433$15,967$15,519$15,087$14,671$13,734
4 years$12,202$11,737$11,294$10,869$10,464$9,561
5 years$9,664$9,202$8,764$8,349$7,954$7,088
6 years$7,972$7,514$7,083$6,677$6,294$5,465
7 years$6,765$6,311$5,886$5,489$5,119$4,328
8 years$5,859$5,409$4,992$4,605$4,247$3,493
9 years$5,156$4,710$4,299$3,922$3,576$2,860
10 years$4,593$4,151$3,748$3,381$3,047$2,367
11 years$4,133$3,696$3,300$2,942$2,621$1,977
12 years$3,750$3,317$2,929$2,581$2,271$1,662
13 years$3,426$2,998$2,617$2,279$1,980$1,405
14 years$3,148$2,725$2,351$2,023$1,736$1,193
15 years$2,908$2,489$2,123$1,804$1,528$1,017
16 years$2,698$2,284$1,924$1,615$1,351$870
17 years$2,513$2,103$1,751$1,451$1,198$746
18 years$2,349$1,944$1,599$1,308$1,065$641
19 years$2,202$1,801$1,463$1,182$949$552
20 years$2,070$1,674$1,343$1,070$848$476
21 years$1,951$1,559$1,235$971$759$411
22 years$1,842$1,455$1,139$883$680$355
23 years$1,743$1,361$1,051$804$611$307
24 years$1,653$1,275$972$734$549$266
25 years$1,570$1,197$901$670$494$231
26 years$1,494$1,125$835$613$445$200
27 years$1,423$1,059$776$561$401$174
28 years$1,357$998$721$514$362$151
29 years$1,296$941$671$471$327$131
30 years$1,240$889$625$432$295$114
31 years$1,187$840$583$397$267$99
32 years$1,137$795$544$365$241$86
33 years$1,091$753$508$336$219$75
34 years$1,047$713$474$309$198$65
35 years$1,006$677$443$284$179$57
36 years$967$642$415$262$162$49
37 years$931$610$388$241$147$43
38 years$896$580$364$222$133$37
39 years$864$551$341$205$121$33
40 years$833$525$319$189$110$28
41 years$803$499$299$174$100$25
42 years$775$476$281$161$90$21
43 years$749$453$263$149$82$19
44 years$724$432$247$137$74$16
45 years$700$412$232$127$68$14
46 years$677$393$218$117$61$12
47 years$655$375$205$108$56$11
48 years$634$358$193$100$51$9
49 years$614$342$181$92$46$8
50 years$595$326$170$85$42$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $609,000, adding $4,952 every year, while hoping to spend $27,648 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: 56/34/10 Blend
34$609,000$609,000$609,000$609,000
35$676,226$643,949$634,509$712,166
36$715,784$646,085$626,348$739,159
37$758,450$647,400$616,987$765,062
38$804,512$647,822$606,356$792,614
39$854,287$647,280$594,384$821,976
40$908,121$645,694$580,993$853,327
41$966,398$642,981$566,104$886,866
42$1,029,536$639,054$549,635$922,810
43$1,097,999$633,817$531,498$961,404
44$1,172,294$627,173$511,602$1,002,916
45$1,252,979$619,016$489,852$1,047,642
46$1,340,669$609,234$466,148$1,095,913
47$1,436,040$597,709$440,386$1,148,093
48$1,539,835$584,315$412,458$1,204,584
49$1,652,873$568,922$382,250$1,265,834
50$1,776,054$551,387$349,644$1,332,334
51$1,910,369$531,562$314,514$1,404,632
52$2,056,908$509,290$276,732$1,483,330
53$2,216,873$484,406$236,163$1,569,096
54$2,391,584$456,731$192,664$1,662,669
55$2,582,496$426,082$146,089$1,764,865
56$2,791,210$392,260$96,283$1,876,585
57$3,019,491$355,058$43,085$1,998,828
58$3,269,279$314,255$0$2,132,695
59$3,542,711$269,620$0$2,280,867
60$3,842,143$220,907$0$2,448,228
61$4,170,167$167,856$0$2,631,686
62$4,529,636$110,193$0$2,832,903
63$4,923,696$47,630$0$3,053,717
64$5,355,810$0$0$3,296,156
65$5,829,790$0$0$3,569,993
66$6,349,839$0$0$3,890,054
67$6,920,584$0$0$4,241,372
68$7,547,120$0$0$4,627,092
69$8,235,064$0$0$5,050,679
70$8,990,598$0$0$5,515,947
71$9,820,538$0$0$6,027,101
72$10,732,388$0$0$6,588,771
73$11,734,416$0$0$7,206,059
74$12,835,732$0$0$7,884,586
75$14,046,371$0$0$8,630,542
76$15,377,389$0$0$9,450,751
77$16,840,967$0$0$10,352,727
78$18,450,525$0$0$11,344,752
79$20,220,849$0$0$12,435,950
80$22,168,230$0$0$13,636,371
81$24,310,616$0$0$14,957,092
82$26,667,785$0$0$16,410,315
83$29,261,525$0$0$18,009,487
84$32,115,846$0$0$19,769,421
85$35,257,202$0$0$21,706,443
86$38,714,741$0$0$23,838,537
87$42,520,580$0$0$26,185,523
88$46,710,107$0$0$28,769,239
89$51,322,319$0$0$31,613,747
90$56,400,180$0$0$34,745,561
91$61,991,038$0$0$38,193,898
92$68,147,061$0$0$41,990,949
93$74,925,736$0$0$46,172,190
94$82,390,408$0$0$50,776,710
95$90,610,877$0$0$55,847,582
96$99,664,058$0$0$61,432,270
97$109,634,707$0$0$67,583,076
98$120,616,216$0$0$74,357,632
99$132,711,500$0$0$81,819,447
100$146,033,965$0$0$90,038,503