Can I retire at age 35 with 614,000?

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 $614,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.6%
1 years$50,704$50,252$49,811$49,381$48,961$48,230
2 years$25,101$24,633$24,180$23,741$23,315$22,579
3 years$16,568$16,098$15,646$15,211$14,792$14,075
4 years$12,302$11,834$11,386$10,959$10,550$9,858
5 years$9,743$9,278$8,836$8,417$8,020$7,354
6 years$8,038$7,576$7,141$6,731$6,346$5,708
7 years$6,820$6,362$5,934$5,534$5,161$4,550
8 years$5,907$5,454$5,033$4,643$4,281$3,698
9 years$5,198$4,748$4,335$3,954$3,606$3,050
10 years$4,631$4,186$3,779$3,409$3,072$2,543
11 years$4,167$3,726$3,327$2,967$2,642$2,139
12 years$3,780$3,344$2,953$2,602$2,290$1,812
13 years$3,454$3,022$2,638$2,297$1,997$1,544
14 years$3,174$2,747$2,370$2,039$1,750$1,322
15 years$2,932$2,510$2,140$1,819$1,541$1,137
16 years$2,720$2,303$1,940$1,628$1,362$980
17 years$2,534$2,121$1,766$1,463$1,208$848
18 years$2,368$1,959$1,612$1,319$1,074$735
19 years$2,220$1,816$1,475$1,191$957$638
20 years$2,087$1,688$1,354$1,079$855$555
21 years$1,967$1,572$1,246$979$765$484
22 years$1,857$1,467$1,148$890$686$422
23 years$1,758$1,372$1,060$811$616$369
24 years$1,667$1,286$980$740$553$323
25 years$1,583$1,207$908$675$498$282
26 years$1,506$1,134$842$618$448$247
27 years$1,435$1,067$782$565$404$217
28 years$1,368$1,006$727$518$365$190
29 years$1,307$949$676$475$329$167
30 years$1,250$896$630$436$298$146
31 years$1,196$847$587$400$269$128
32 years$1,146$801$548$368$243$113
33 years$1,100$759$512$338$220$99
34 years$1,056$719$478$311$199$87
35 years$1,014$682$447$287$181$76
36 years$975$648$418$264$164$67
37 years$938$615$391$243$148$59
38 years$904$585$367$224$134$52
39 years$871$556$343$207$122$46
40 years$839$529$322$191$111$40
41 years$810$503$302$176$100$35
42 years$782$479$283$162$91$31
43 years$755$457$266$150$83$27
44 years$730$435$249$138$75$24
45 years$705$415$234$128$68$21
46 years$682$396$220$118$62$19
47 years$660$378$207$109$56$16
48 years$639$361$194$101$51$14
49 years$619$345$182$93$46$13
50 years$599$329$172$86$42$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $614,000, adding $3,011 every year, while hoping to spend $37,445 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: 53/24/23 Blend
34$614,000$614,000$614,000$614,000
35$679,734$647,192$637,675$711,293
36$709,226$639,063$619,196$725,236
37$740,470$629,281$598,843$736,276
38$773,608$617,725$576,513$747,509
39$808,790$604,268$552,100$758,964
40$846,183$588,773$525,492$770,679
41$885,969$571,099$496,572$782,697
42$928,348$551,093$465,218$795,067
43$973,539$528,595$431,301$807,846
44$1,021,779$503,436$394,689$821,099
45$1,073,331$475,435$355,242$834,901
46$1,128,483$444,403$312,815$849,337
47$1,187,549$410,140$267,254$864,505
48$1,250,874$372,432$218,403$880,514
49$1,318,838$331,056$166,094$897,492
50$1,391,855$285,774$110,154$915,580
51$1,470,383$236,335$50,403$934,938
52$1,554,923$182,476$0$955,747
53$1,646,024$123,917$0$981,492
54$1,744,292$60,362$0$1,022,536
55$1,850,389$0$0$1,066,807
56$1,965,046$0$0$1,116,891
57$2,089,064$0$0$1,188,354
58$2,223,325$0$0$1,265,770
59$2,368,798$0$0$1,349,702
60$2,526,548$0$0$1,440,772
61$2,697,747$0$0$1,539,663
62$2,883,682$0$0$1,647,127
63$3,085,773$0$0$1,763,991
64$3,305,577$0$0$1,891,164
65$3,544,810$0$0$2,029,647
66$3,805,361$0$0$2,180,540
67$4,089,305$0$0$2,345,057
68$4,398,929$0$0$2,524,531
69$4,736,749$0$0$2,720,430
70$5,105,534$0$0$2,934,370
71$5,508,333$0$0$3,168,130
72$5,948,501$0$0$3,423,669
73$6,429,734$0$0$3,703,144
74$6,956,099$0$0$4,008,928
75$7,532,074$0$0$4,343,636
76$8,162,593$0$0$4,710,147
77$8,853,085$0$0$5,111,631
78$9,609,531$0$0$5,551,579
79$10,438,518$0$0$6,033,837
80$11,347,299$0$0$6,562,639
81$12,343,864$0$0$7,142,649
82$13,437,011$0$0$7,779,005
83$14,636,432$0$0$8,477,365
84$15,952,803$0$0$9,243,962
85$17,397,883$0$0$10,085,662
86$18,984,625$0$0$11,010,029
87$20,727,297$0$0$12,025,393
88$22,641,618$0$0$13,140,933
89$24,744,905$0$0$14,366,759
90$27,056,232$0$0$15,714,012
91$29,596,617$0$0$17,194,963
92$32,389,211$0$0$18,823,132
93$35,459,522$0$0$20,613,413
94$38,835,654$0$0$22,582,219
95$42,548,568$0$0$24,747,629
96$46,632,376$0$0$27,129,565
97$51,124,665$0$0$29,749,975
98$56,066,844$0$0$32,633,042
99$61,504,541$0$0$35,805,412
100$67,488,027$0$0$39,296,444