Can I retire at age 35 with 609,000?

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 $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%16%
1 years$50,291$49,843$49,406$48,979$48,563$47,369
2 years$24,896$24,433$23,983$23,548$23,125$21,930
3 years$16,433$15,967$15,519$15,087$14,671$13,512
4 years$12,202$11,737$11,294$10,869$10,464$9,350
5 years$9,664$9,202$8,764$8,349$7,954$6,888
6 years$7,972$7,514$7,083$6,677$6,294$5,276
7 years$6,765$6,311$5,886$5,489$5,119$4,150
8 years$5,859$5,409$4,992$4,605$4,247$3,326
9 years$5,156$4,710$4,299$3,922$3,576$2,704
10 years$4,593$4,151$3,748$3,381$3,047$2,222
11 years$4,133$3,696$3,300$2,942$2,621$1,841
12 years$3,750$3,317$2,929$2,581$2,271$1,535
13 years$3,426$2,998$2,617$2,279$1,980$1,288
14 years$3,148$2,725$2,351$2,023$1,736$1,085
15 years$2,908$2,489$2,123$1,804$1,528$917
16 years$2,698$2,284$1,924$1,615$1,351$778
17 years$2,513$2,103$1,751$1,451$1,198$661
18 years$2,349$1,944$1,599$1,308$1,065$563
19 years$2,202$1,801$1,463$1,182$949$480
20 years$2,070$1,674$1,343$1,070$848$411
21 years$1,951$1,559$1,235$971$759$351
22 years$1,842$1,455$1,139$883$680$301
23 years$1,743$1,361$1,051$804$611$258
24 years$1,653$1,275$972$734$549$221
25 years$1,570$1,197$901$670$494$190
26 years$1,494$1,125$835$613$445$163
27 years$1,423$1,059$776$561$401$140
28 years$1,357$998$721$514$362$121
29 years$1,296$941$671$471$327$104
30 years$1,240$889$625$432$295$89
31 years$1,187$840$583$397$267$77
32 years$1,137$795$544$365$241$66
33 years$1,091$753$508$336$219$57
34 years$1,047$713$474$309$198$49
35 years$1,006$677$443$284$179$42
36 years$967$642$415$262$162$36
37 years$931$610$388$241$147$31
38 years$896$580$364$222$133$27
39 years$864$551$341$205$121$23
40 years$833$525$319$189$110$20
41 years$803$499$299$174$100$17
42 years$775$476$281$161$90$15
43 years$749$453$263$149$82$13
44 years$724$432$247$137$74$11
45 years$700$412$232$127$68$10
46 years$677$393$218$117$61$8
47 years$655$375$205$108$56$7
48 years$634$358$193$100$51$6
49 years$614$342$181$92$46$5
50 years$595$326$170$85$42$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $609,000, adding $2,551 every year, while hoping to spend $41,297 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: 58/15/27 Blend
34$609,000$609,000$609,000$609,000
35$673,749$641,472$632,033$707,736
36$698,532$628,965$609,266$718,774
37$724,459$614,460$584,353$726,215
38$751,602$597,817$557,177$733,470
39$780,041$578,886$527,619$740,532
40$809,862$557,508$495,551$747,395
41$841,158$533,516$460,841$754,055
42$874,030$506,732$423,353$760,512
43$908,587$476,968$382,942$766,766
44$944,950$444,027$339,457$772,820
45$983,247$407,697$292,742$778,680
46$1,023,622$367,757$242,632$784,357
47$1,066,227$323,973$188,956$789,863
48$1,111,231$276,096$131,535$795,219
49$1,158,817$223,866$70,182$800,447
50$1,209,186$167,005$4,702$805,578
51$1,262,555$105,220$0$810,650
52$1,319,165$38,205$0$834,483
53$1,379,275$0$0$861,021
54$1,443,171$0$0$894,708
55$1,511,166$0$0$937,295
56$1,583,601$0$0$982,693
57$1,660,851$0$0$1,031,139
58$1,743,326$0$0$1,082,896
59$1,831,475$0$0$1,138,249
60$1,925,790$0$0$1,197,512
61$2,026,812$0$0$1,261,030
62$2,135,133$0$0$1,329,180
63$2,251,402$0$0$1,402,376
64$2,376,333$0$0$1,481,073
65$2,510,709$0$0$1,565,770
66$2,655,389$0$0$1,657,016
67$2,811,317$0$0$1,755,413
68$2,979,529$0$0$1,861,621
69$3,161,165$0$0$1,976,368
70$3,357,476$0$0$2,100,452
71$3,569,837$0$0$2,234,752
72$3,799,762$0$0$2,380,231
73$4,048,911$0$0$2,537,952
74$4,319,113$0$0$2,709,081
75$4,612,379$0$0$2,894,902
76$4,930,917$0$0$3,096,825
77$5,277,161$0$0$3,316,403
78$5,653,786$0$0$3,555,345
79$6,063,734$0$0$3,815,531
80$6,510,245$0$0$4,099,027
81$6,996,882$0$0$4,408,112
82$7,527,568$0$0$4,745,288
83$8,106,620$0$0$5,113,315
84$8,738,789$0$0$5,515,226
85$9,429,306$0$0$5,954,364
86$10,183,929$0$0$6,434,406
87$11,008,998$0$0$6,959,402
88$11,911,492$0$0$7,533,812
89$12,899,098$0$0$8,162,545
90$13,980,278$0$0$8,851,007
91$15,164,350$0$0$9,605,153
92$16,461,577$0$0$10,431,539
93$17,883,261$0$0$11,337,386
94$19,441,849$0$0$12,330,647
95$21,151,049$0$0$13,420,082
96$23,025,961$0$0$14,615,338
97$25,083,216$0$0$15,927,042
98$27,341,131$0$0$17,366,899
99$29,819,886$0$0$18,947,803
100$32,541,707$0$0$20,683,959