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%11.6%
1 years$50,291$49,843$49,406$48,979$48,563$48,236
2 years$24,896$24,433$23,983$23,548$23,125$22,796
3 years$16,433$15,967$15,519$15,087$14,671$14,350
4 years$12,202$11,737$11,294$10,869$10,464$10,152
5 years$9,664$9,202$8,764$8,349$7,954$7,653
6 years$7,972$7,514$7,083$6,677$6,294$6,004
7 years$6,765$6,311$5,886$5,489$5,119$4,840
8 years$5,859$5,409$4,992$4,605$4,247$3,979
9 years$5,156$4,710$4,299$3,922$3,576$3,320
10 years$4,593$4,151$3,748$3,381$3,047$2,802
11 years$4,133$3,696$3,300$2,942$2,621$2,387
12 years$3,750$3,317$2,929$2,581$2,271$2,048
13 years$3,426$2,998$2,617$2,279$1,980$1,768
14 years$3,148$2,725$2,351$2,023$1,736$1,534
15 years$2,908$2,489$2,123$1,804$1,528$1,336
16 years$2,698$2,284$1,924$1,615$1,351$1,168
17 years$2,513$2,103$1,751$1,451$1,198$1,025
18 years$2,349$1,944$1,599$1,308$1,065$901
19 years$2,202$1,801$1,463$1,182$949$794
20 years$2,070$1,674$1,343$1,070$848$701
21 years$1,951$1,559$1,235$971$759$620
22 years$1,842$1,455$1,139$883$680$549
23 years$1,743$1,361$1,051$804$611$487
24 years$1,653$1,275$972$734$549$433
25 years$1,570$1,197$901$670$494$385
26 years$1,494$1,125$835$613$445$342
27 years$1,423$1,059$776$561$401$305
28 years$1,357$998$721$514$362$272
29 years$1,296$941$671$471$327$242
30 years$1,240$889$625$432$295$216
31 years$1,187$840$583$397$267$193
32 years$1,137$795$544$365$241$172
33 years$1,091$753$508$336$219$154
34 years$1,047$713$474$309$198$137
35 years$1,006$677$443$284$179$123
36 years$967$642$415$262$162$110
37 years$931$610$388$241$147$98
38 years$896$580$364$222$133$88
39 years$864$551$341$205$121$79
40 years$833$525$319$189$110$70
41 years$803$499$299$174$100$63
42 years$775$476$281$161$90$56
43 years$749$453$263$149$82$50
44 years$724$432$247$137$74$45
45 years$700$412$232$127$68$40
46 years$677$393$218$117$61$36
47 years$655$375$205$108$56$32
48 years$634$358$193$100$51$29
49 years$614$342$181$92$46$26
50 years$595$326$170$85$42$23

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $609,000, adding $5,840 every year, while hoping to spend $28,831 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: 36/48/16 Blend
34$609,000$609,000$609,000$609,000
35$677,142$644,865$635,425$698,017
36$715,534$645,787$626,036$714,567
37$756,877$645,789$615,366$729,268
38$801,439$644,793$603,342$744,523
39$849,519$642,721$589,887$760,396
40$901,442$639,487$574,920$776,962
41$957,568$635,000$558,359$794,302
42$1,018,290$629,165$540,114$812,510
43$1,084,041$621,880$520,094$831,693
44$1,155,299$613,038$498,202$851,969
45$1,232,587$602,524$474,339$873,472
46$1,316,480$590,218$448,400$896,352
47$1,407,614$575,990$420,273$920,778
48$1,506,683$559,707$389,845$946,939
49$1,614,456$541,223$356,996$975,048
50$1,731,775$520,388$321,600$1,005,342
51$1,859,569$497,040$283,527$1,038,086
52$1,998,860$471,010$242,639$1,073,579
53$2,150,771$442,117$198,795$1,112,151
54$2,316,540$410,171$151,845$1,154,173
55$2,497,528$374,970$101,633$1,200,058
56$2,695,236$336,304$47,998$1,250,268
57$2,911,312$293,945$0$1,305,316
58$3,147,576$247,658$0$1,367,352
59$3,406,026$197,191$0$1,444,283
60$3,688,866$142,279$0$1,528,645
61$3,998,522$82,642$0$1,621,261
62$4,337,665$17,985$0$1,723,040
63$4,709,236$0$0$1,834,993
64$5,116,475$0$0$1,985,706
65$5,562,949$0$0$2,161,442
66$6,052,589$0$0$2,354,259
67$6,589,722$0$0$2,565,872
68$7,179,115$0$0$2,798,172
69$7,826,019$0$0$3,053,239
70$8,536,218$0$0$3,333,367
71$9,316,084$0$0$3,641,082
72$10,172,635$0$0$3,979,167
73$11,113,603$0$0$4,350,687
74$12,147,506$0$0$4,759,021
75$13,283,726$0$0$5,207,888
76$14,532,603$0$0$5,701,388
77$15,905,523$0$0$6,244,037
78$17,415,036$0$0$6,840,812
79$19,074,963$0$0$7,497,194
80$20,900,537$0$0$8,219,223
81$22,908,536$0$0$9,013,555
82$25,117,451$0$0$9,887,522
83$27,547,650$0$0$10,849,203
84$30,221,578$0$0$11,907,500
85$33,163,966$0$0$13,072,220
86$36,402,060$0$0$14,354,172
87$39,965,883$0$0$15,765,264
88$43,888,518$0$0$17,318,617
89$48,206,413$0$0$19,028,688
90$52,959,734$0$0$20,911,409
91$58,192,737$0$0$22,984,334
92$63,954,185$0$0$25,266,806
93$70,297,813$0$0$27,780,140
94$77,282,831$0$0$30,547,821
95$84,974,482$0$0$33,595,731
96$93,444,659$0$0$36,952,386
97$102,772,581$0$0$40,649,211
98$113,045,543$0$0$44,720,835
99$124,359,738$0$0$49,205,414
100$136,821,162$0$0$54,144,997