Can I retire at age 35 with 612,000?

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 $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%15.7%
1 years$50,538$50,088$49,649$49,220$48,802$47,661
2 years$25,019$24,553$24,101$23,664$23,239$22,096
3 years$16,514$16,046$15,595$15,162$14,744$13,634
4 years$12,262$11,795$11,349$10,923$10,515$9,448
5 years$9,711$9,248$8,808$8,390$7,994$6,972
6 years$8,012$7,551$7,118$6,709$6,325$5,349
7 years$6,798$6,342$5,915$5,516$5,144$4,215
8 years$5,888$5,436$5,016$4,627$4,267$3,384
9 years$5,181$4,733$4,321$3,942$3,594$2,756
10 years$4,615$4,172$3,767$3,398$3,062$2,268
11 years$4,153$3,714$3,316$2,957$2,633$1,883
12 years$3,768$3,333$2,943$2,594$2,282$1,574
13 years$3,443$3,012$2,629$2,290$1,990$1,323
14 years$3,164$2,738$2,363$2,033$1,744$1,116
15 years$2,922$2,501$2,133$1,813$1,536$946
16 years$2,711$2,295$1,934$1,623$1,357$804
17 years$2,525$2,114$1,760$1,458$1,204$685
18 years$2,360$1,953$1,606$1,314$1,070$584
19 years$2,213$1,810$1,471$1,188$954$500
20 years$2,080$1,682$1,350$1,076$852$428
21 years$1,960$1,567$1,241$976$762$367
22 years$1,851$1,463$1,144$888$683$315
23 years$1,752$1,368$1,056$808$614$271
24 years$1,661$1,282$977$737$551$233
25 years$1,578$1,203$905$673$496$201
26 years$1,501$1,130$839$616$447$173
27 years$1,430$1,064$779$563$403$149
28 years$1,364$1,002$725$516$364$128
29 years$1,303$946$674$473$328$111
30 years$1,246$893$628$434$297$95
31 years$1,193$844$585$399$268$82
32 years$1,143$799$546$367$243$71
33 years$1,096$757$510$337$220$61
34 years$1,052$717$477$310$199$53
35 years$1,011$680$446$286$180$46
36 years$972$645$417$263$163$39
37 years$935$613$390$242$148$34
38 years$901$583$365$223$134$29
39 years$868$554$342$206$122$25
40 years$837$527$321$190$110$22
41 years$807$502$301$175$100$19
42 years$779$478$282$162$91$16
43 years$753$455$265$149$82$14
44 years$727$434$249$138$75$12
45 years$703$414$233$127$68$11
46 years$680$395$219$118$62$9
47 years$658$377$206$109$56$8
48 years$637$360$194$100$51$7
49 years$617$343$182$93$46$6
50 years$598$328$171$86$42$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $612,000, adding $6,667 every year, while hoping to spend $27,333 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: 71/24/5 Blend
34$612,000$612,000$612,000$612,000
35$681,301$648,865$639,379$728,871
36$721,712$651,577$631,716$763,863
37$765,328$653,506$622,880$798,098
38$812,448$654,585$612,804$834,797
39$863,400$654,742$601,415$874,198
40$918,544$653,901$588,639$916,558
41$978,275$651,982$574,398$962,163
42$1,043,029$648,899$558,610$1,011,327
43$1,113,284$644,561$541,190$1,064,399
44$1,189,568$638,873$522,048$1,121,761
45$1,272,458$631,732$501,091$1,183,836
46$1,362,592$623,030$478,221$1,251,090
47$1,460,670$612,653$453,335$1,324,037
48$1,567,464$600,478$426,327$1,403,244
49$1,683,821$586,378$397,086$1,489,338
50$1,810,676$570,216$365,493$1,583,008
51$1,949,056$551,847$331,429$1,685,016
52$2,100,092$531,120$294,764$1,796,202
53$2,265,030$507,873$255,366$1,917,493
54$2,445,238$481,934$213,097$2,049,910
55$2,642,227$453,124$167,810$2,194,582
56$2,857,658$421,250$119,355$2,352,753
57$3,093,359$386,111$67,573$2,525,794
58$3,351,344$347,493$12,300$2,715,219
59$3,633,831$305,171$0$2,922,698
60$3,943,263$258,905$0$3,152,562
61$4,282,328$208,444$0$3,405,216
62$4,653,989$153,521$0$3,682,251
63$5,061,508$93,855$0$3,986,150
64$5,508,476$29,149$0$4,319,649
65$5,998,853$0$0$4,685,766
66$6,536,996$0$0$5,098,632
67$7,127,707$0$0$5,560,311
68$7,776,274$0$0$6,067,241
69$8,488,524$0$0$6,623,982
70$9,270,874$0$0$7,235,554
71$10,130,394$0$0$7,907,487
72$11,074,873$0$0$8,645,876
73$12,112,890$0$0$9,457,433
74$13,253,900$0$0$10,349,554
75$14,508,315$0$0$11,330,386
76$15,887,611$0$0$12,408,906
77$17,404,426$0$0$13,595,004
78$19,072,690$0$0$14,899,576
79$20,907,747$0$0$16,334,628
80$22,926,503$0$0$17,913,387
81$25,147,587$0$0$19,650,427
82$27,591,522$0$0$21,561,806
83$30,280,924$0$0$23,665,217
84$33,240,709$0$0$25,980,156
85$36,498,332$0$0$28,528,103
86$40,084,046$0$0$31,332,726
87$44,031,184$0$0$34,420,106
88$48,376,475$0$0$37,818,979
89$53,160,390$0$0$41,561,010
90$58,427,524$0$0$45,681,089
91$64,227,015$0$0$50,217,664
92$70,613,012$0$0$55,213,097
93$77,645,177$0$0$60,714,072
94$85,389,257$0$0$66,772,028
95$93,917,698$0$0$73,443,646
96$103,310,330$0$0$80,791,387
97$113,655,121$0$0$88,884,076
98$125,049,005$0$0$97,797,557
99$137,598,798$0$0$107,615,403
100$151,422,207$0$0$118,429,708