Can I retire at age 35 with 612,000?

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 $612,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.6%
1 years$50,538$50,088$49,649$49,220$48,802$47,487
2 years$25,019$24,553$24,101$23,664$23,239$21,924
3 years$16,514$16,046$15,595$15,162$14,744$13,469
4 years$12,262$11,795$11,349$10,923$10,515$9,292
5 years$9,711$9,248$8,808$8,390$7,994$6,824
6 years$8,012$7,551$7,118$6,709$6,325$5,210
7 years$6,798$6,342$5,915$5,516$5,144$4,084
8 years$5,888$5,436$5,016$4,627$4,267$3,262
9 years$5,181$4,733$4,321$3,942$3,594$2,642
10 years$4,615$4,172$3,767$3,398$3,062$2,163
11 years$4,153$3,714$3,316$2,957$2,633$1,785
12 years$3,768$3,333$2,943$2,594$2,282$1,483
13 years$3,443$3,012$2,629$2,290$1,990$1,239
14 years$3,164$2,738$2,363$2,033$1,744$1,039
15 years$2,922$2,501$2,133$1,813$1,536$875
16 years$2,711$2,295$1,934$1,623$1,357$739
17 years$2,525$2,114$1,760$1,458$1,204$625
18 years$2,360$1,953$1,606$1,314$1,070$530
19 years$2,213$1,810$1,471$1,188$954$450
20 years$2,080$1,682$1,350$1,076$852$383
21 years$1,960$1,567$1,241$976$762$326
22 years$1,851$1,463$1,144$888$683$278
23 years$1,752$1,368$1,056$808$614$237
24 years$1,661$1,282$977$737$551$203
25 years$1,578$1,203$905$673$496$173
26 years$1,501$1,130$839$616$447$148
27 years$1,430$1,064$779$563$403$127
28 years$1,364$1,002$725$516$364$108
29 years$1,303$946$674$473$328$93
30 years$1,246$893$628$434$297$79
31 years$1,193$844$585$399$268$68
32 years$1,143$799$546$367$243$58
33 years$1,096$757$510$337$220$50
34 years$1,052$717$477$310$199$43
35 years$1,011$680$446$286$180$37
36 years$972$645$417$263$163$31
37 years$935$613$390$242$148$27
38 years$901$583$365$223$134$23
39 years$868$554$342$206$122$20
40 years$837$527$321$190$110$17
41 years$807$502$301$175$100$15
42 years$779$478$282$162$91$12
43 years$753$455$265$149$82$11
44 years$727$434$249$138$75$9
45 years$703$414$233$127$68$8
46 years$680$395$219$118$62$7
47 years$658$377$206$109$56$6
48 years$637$360$194$100$51$5
49 years$617$343$182$93$46$4
50 years$598$328$171$86$42$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $612,000, adding $6,034 every year, while hoping to spend $42,174 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: 72/17/11 Blend
34$612,000$612,000$612,000$612,000
35$680,648$648,212$638,726$727,731
36$705,201$635,102$615,251$746,572
37$730,846$619,935$589,575$761,416
38$757,648$602,568$561,582$776,527
39$785,679$582,845$531,146$791,920
40$815,019$560,605$498,140$807,614
41$845,751$535,675$462,428$823,629
42$877,967$507,873$423,869$839,990
43$911,767$477,006$382,316$856,725
44$947,258$442,870$337,614$873,866
45$984,558$405,250$289,603$891,449
46$1,023,793$363,918$238,116$909,515
47$1,065,104$318,633$182,976$928,113
48$1,108,639$269,141$124,001$947,295
49$1,154,565$215,173$60,999$967,123
50$1,203,059$156,445$0$987,666
51$1,254,318$92,658$0$1,009,733
52$1,308,554$23,494$0$1,040,368
53$1,366,001$0$0$1,072,531
54$1,426,913$0$0$1,115,971
55$1,491,567$0$0$1,166,760
56$1,560,268$0$0$1,220,744
57$1,633,349$0$0$1,278,186
58$1,711,172$0$0$1,339,374
59$1,794,137$0$0$1,404,624
60$1,882,679$0$0$1,474,282
61$1,977,278$0$0$1,548,725
62$2,078,456$0$0$1,628,370
63$2,186,789$0$0$1,713,672
64$2,302,906$0$0$1,805,129
65$2,427,499$0$0$1,903,290
66$2,561,325$0$0$2,008,756
67$2,705,217$0$0$2,122,185
68$2,860,090$0$0$2,244,304
69$3,026,947$0$0$2,375,907
70$3,206,889$0$0$2,517,868
71$3,401,128$0$0$2,671,146
72$3,610,994$0$0$2,836,798
73$3,837,949$0$0$3,015,982
74$4,083,601$0$0$3,209,972
75$4,349,716$0$0$3,420,170
76$4,638,237$0$0$3,648,115
77$4,951,300$0$0$3,895,502
78$5,291,253$0$0$4,164,193
79$5,660,683$0$0$4,456,239
80$6,062,430$0$0$4,773,894
81$6,499,622$0$0$5,119,637
82$6,975,702$0$0$5,496,198
83$7,494,454$0$0$5,906,581
84$8,060,047$0$0$6,354,091
85$8,677,068$0$0$6,842,366
86$9,350,563$0$0$7,375,410
87$10,086,091$0$0$7,957,630
88$10,889,768$0$0$8,593,880
89$11,768,329$0$0$9,289,501
90$12,729,190$0$0$10,050,375
91$13,780,514$0$0$10,882,979
92$14,931,290$0$0$11,794,444
93$16,191,419$0$0$12,792,622
94$17,571,800$0$0$13,886,162
95$19,084,440$0$0$15,084,586
96$20,742,558$0$0$16,398,384
97$22,560,717$0$0$17,839,107
98$24,554,955$0$0$19,419,479
99$26,742,936$0$0$21,153,513
100$29,144,117$0$0$23,056,646