Can I retire at age 35 with 611,000?

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 $611,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.3%
1 years$50,456$50,006$49,568$49,140$48,722$47,276
2 years$24,978$24,513$24,062$23,625$23,201$21,756
3 years$16,487$16,019$15,570$15,137$14,720$13,321
4 years$12,242$11,776$11,331$10,905$10,498$9,157
5 years$9,696$9,233$8,793$8,376$7,981$6,700
6 years$7,999$7,539$7,106$6,699$6,315$5,096
7 years$6,787$6,331$5,905$5,507$5,136$3,979
8 years$5,879$5,427$5,008$4,620$4,260$3,165
9 years$5,172$4,725$4,314$3,935$3,588$2,553
10 years$4,608$4,165$3,761$3,392$3,057$2,080
11 years$4,146$3,708$3,311$2,952$2,629$1,709
12 years$3,762$3,328$2,938$2,589$2,278$1,414
13 years$3,437$3,008$2,625$2,286$1,987$1,175
14 years$3,159$2,734$2,359$2,029$1,742$981
15 years$2,918$2,497$2,130$1,810$1,533$822
16 years$2,707$2,291$1,931$1,620$1,355$690
17 years$2,521$2,110$1,757$1,456$1,202$581
18 years$2,356$1,950$1,604$1,312$1,068$490
19 years$2,209$1,807$1,468$1,186$952$414
20 years$2,077$1,679$1,347$1,074$851$351
21 years$1,957$1,564$1,239$975$761$297
22 years$1,848$1,460$1,142$886$682$252
23 years$1,749$1,366$1,055$807$613$214
24 years$1,659$1,280$975$736$551$182
25 years$1,575$1,201$903$672$495$154
26 years$1,498$1,129$838$615$446$131
27 years$1,428$1,062$778$563$402$112
28 years$1,362$1,001$723$515$363$95
29 years$1,301$944$673$473$328$81
30 years$1,244$892$627$434$296$69
31 years$1,191$843$585$398$268$59
32 years$1,141$798$545$366$242$50
33 years$1,094$755$509$337$219$42
34 years$1,050$716$476$310$198$36
35 years$1,009$679$445$285$180$31
36 years$970$644$416$263$163$26
37 years$934$612$389$242$148$22
38 years$899$582$365$223$134$19
39 years$866$553$342$206$121$16
40 years$835$526$320$190$110$14
41 years$806$501$300$175$100$12
42 years$778$477$282$162$91$10
43 years$751$455$264$149$82$9
44 years$726$433$248$138$75$7
45 years$702$413$233$127$68$6
46 years$679$394$219$117$62$5
47 years$657$376$206$109$56$5
48 years$636$359$193$100$51$4
49 years$616$343$182$93$46$3
50 years$597$328$171$86$42$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $611,000, adding $4,079 every year, while hoping to spend $44,180 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: 81/11/8 Blend
34$611,000$611,000$611,000$611,000
35$677,529$645,146$635,676$731,396
36$699,630$629,751$609,964$751,866
37$722,505$612,121$581,910$768,065
38$746,185$592,100$551,389$784,507
39$770,705$569,522$518,269$801,193
40$796,101$544,213$482,415$818,125
41$822,411$515,987$443,684$835,302
42$849,676$484,649$401,926$852,728
43$877,938$449,992$356,986$870,402
44$907,243$411,797$308,701$888,328
45$937,640$369,833$256,900$906,507
46$969,179$323,855$201,406$924,944
47$1,001,916$273,605$142,034$943,642
48$1,035,910$218,810$78,591$962,606
49$1,071,223$159,182$10,874$981,842
50$1,107,922$94,416$0$1,001,358
51$1,146,078$24,190$0$1,026,403
52$1,185,768$0$0$1,053,078
53$1,227,075$0$0$1,086,759
54$1,270,086$0$0$1,124,883
55$1,314,896$0$0$1,164,604
56$1,361,608$0$0$1,206,013
57$1,410,331$0$0$1,249,208
58$1,461,184$0$0$1,294,296
59$1,514,295$0$0$1,341,389
60$1,569,800$0$0$1,390,610
61$1,627,851$0$0$1,442,092
62$1,688,607$0$0$1,495,979
63$1,752,244$0$0$1,552,426
64$1,818,951$0$0$1,611,603
65$1,888,934$0$0$1,673,692
66$1,962,414$0$0$1,738,892
67$2,039,636$0$0$1,807,418
68$2,120,861$0$0$1,879,505
69$2,206,376$0$0$1,955,409
70$2,296,494$0$0$2,035,407
71$2,391,553$0$0$2,119,802
72$2,491,924$0$0$2,208,925
73$2,598,010$0$0$2,303,134
74$2,710,252$0$0$2,402,822
75$2,829,131$0$0$2,508,419
76$2,955,172$0$0$2,620,394
77$3,088,950$0$0$2,739,257
78$3,231,093$0$0$2,865,569
79$3,382,286$0$0$2,999,942
80$3,543,283$0$0$3,143,047
81$3,714,905$0$0$3,295,618
82$3,898,054$0$0$3,458,459
83$4,093,717$0$0$3,632,450
84$4,302,977$0$0$3,818,556
85$4,527,020$0$0$4,017,837
86$4,767,148$0$0$4,231,453
87$5,024,787$0$0$4,460,677
88$5,301,504$0$0$4,706,907
89$5,599,019$0$0$4,971,677
90$5,919,217$0$0$5,256,670
91$6,264,173$0$0$5,563,736
92$6,636,162$0$0$5,894,905
93$7,037,684$0$0$6,252,409
94$7,471,488$0$0$6,638,699
95$7,940,592$0$0$7,056,470
96$8,448,316$0$0$7,508,684
97$8,998,308$0$0$7,998,595
98$9,594,579$0$0$8,529,785
99$10,241,541$0$0$9,106,188
100$10,944,046$0$0$9,732,136