Can I retire at age 35 with 614,000?

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 $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%12.3%
1 years$50,704$50,252$49,811$49,381$48,961$48,490
2 years$25,101$24,633$24,180$23,741$23,315$22,840
3 years$16,568$16,098$15,646$15,211$14,792$14,329
4 years$12,302$11,834$11,386$10,959$10,550$10,101
5 years$9,743$9,278$8,836$8,417$8,020$7,587
6 years$8,038$7,576$7,141$6,731$6,346$5,930
7 years$6,820$6,362$5,934$5,534$5,161$4,762
8 years$5,907$5,454$5,033$4,643$4,281$3,899
9 years$5,198$4,748$4,335$3,954$3,606$3,240
10 years$4,631$4,186$3,779$3,409$3,072$2,723
11 years$4,167$3,726$3,327$2,967$2,642$2,310
12 years$3,780$3,344$2,953$2,602$2,290$1,973
13 years$3,454$3,022$2,638$2,297$1,997$1,695
14 years$3,174$2,747$2,370$2,039$1,750$1,464
15 years$2,932$2,510$2,140$1,819$1,541$1,270
16 years$2,720$2,303$1,940$1,628$1,362$1,105
17 years$2,534$2,121$1,766$1,463$1,208$964
18 years$2,368$1,959$1,612$1,319$1,074$844
19 years$2,220$1,816$1,475$1,191$957$740
20 years$2,087$1,688$1,354$1,079$855$650
21 years$1,967$1,572$1,246$979$765$572
22 years$1,857$1,467$1,148$890$686$504
23 years$1,758$1,372$1,060$811$616$445
24 years$1,667$1,286$980$740$553$393
25 years$1,583$1,207$908$675$498$347
26 years$1,506$1,134$842$618$448$307
27 years$1,435$1,067$782$565$404$272
28 years$1,368$1,006$727$518$365$241
29 years$1,307$949$676$475$329$214
30 years$1,250$896$630$436$298$190
31 years$1,196$847$587$400$269$168
32 years$1,146$801$548$368$243$149
33 years$1,100$759$512$338$220$133
34 years$1,056$719$478$311$199$118
35 years$1,014$682$447$287$181$105
36 years$975$648$418$264$164$93
37 years$938$615$391$243$148$83
38 years$904$585$367$224$134$74
39 years$871$556$343$207$122$65
40 years$839$529$322$191$111$58
41 years$810$503$302$176$100$52
42 years$782$479$283$162$91$46
43 years$755$457$266$150$83$41
44 years$730$435$249$138$75$36
45 years$705$415$234$128$68$32
46 years$682$396$220$118$62$29
47 years$660$378$207$109$56$26
48 years$639$361$194$101$51$23
49 years$619$345$182$93$46$20
50 years$599$329$172$86$42$18

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $614,000, adding $2,204 every year, while hoping to spend $40,516 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: 60/22/18 Blend
34$614,000$614,000$614,000$614,000
35$678,901$646,359$636,842$716,351
36$705,041$634,922$615,068$730,484
37$732,488$621,567$591,206$741,217
38$761,335$606,156$565,144$751,995
39$791,679$588,546$536,764$762,828
40$823,627$568,582$505,943$773,728
41$857,298$546,103$472,553$784,711
42$892,816$520,936$436,458$795,797
43$930,323$492,901$397,518$807,010
44$969,967$461,805$355,587$818,377
45$1,011,915$427,445$310,510$829,934
46$1,056,347$389,606$262,128$841,719
47$1,103,459$348,061$210,274$853,780
48$1,153,466$302,571$154,773$866,171
49$1,206,604$252,881$95,442$878,954
50$1,263,130$198,724$32,092$892,204
51$1,323,325$139,818$0$906,005
52$1,387,498$75,862$0$927,272
53$1,455,985$6,543$0$956,318
54$1,529,158$0$0$987,139
55$1,607,422$0$0$1,036,499
56$1,691,221$0$0$1,091,077
57$1,781,041$0$0$1,149,611
58$1,877,420$0$0$1,212,454
59$1,980,942$0$0$1,279,993
60$2,092,252$0$0$1,352,652
61$2,212,058$0$0$1,430,899
62$2,341,135$0$0$1,515,246
63$2,480,336$0$0$1,606,256
64$2,630,599$0$0$1,704,547
65$2,792,952$0$0$1,810,798
66$2,968,528$0$0$1,925,758
67$3,158,569$0$0$2,050,247
68$3,364,443$0$0$2,185,167
69$3,587,653$0$0$2,331,512
70$3,829,851$0$0$2,490,373
71$4,092,855$0$0$2,662,951
72$4,378,665$0$0$2,850,567
73$4,689,481$0$0$3,054,673
74$5,027,721$0$0$3,276,868
75$5,396,050$0$0$3,518,912
76$5,797,396$0$0$3,782,740
77$6,234,985$0$0$4,070,483
78$6,712,364$0$0$4,384,485
79$7,233,441$0$0$4,727,329
80$7,802,515$0$0$5,101,854
81$8,424,318$0$0$5,511,190
82$9,104,064$0$0$5,958,780
83$9,847,488$0$0$6,448,416
84$10,660,907$0$0$6,984,273
85$11,551,278$0$0$7,570,948
86$12,526,261$0$0$8,213,503
87$13,594,289$0$0$8,917,514
88$14,764,652$0$0$9,689,121
89$16,047,580$0$0$10,535,085
90$17,454,340$0$0$11,462,854
91$18,997,341$0$0$12,480,631
92$20,690,253$0$0$13,597,451
93$22,548,130$0$0$14,823,267
94$24,587,555$0$0$16,169,040
95$26,826,797$0$0$17,646,846
96$29,285,978$0$0$19,269,989
97$31,987,264$0$0$21,053,122
98$34,955,077$0$0$23,012,389
99$38,216,318$0$0$25,165,574
100$41,800,624$0$0$27,532,271