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%16.5%
1 years$50,704$50,252$49,811$49,381$48,961$47,662
2 years$25,101$24,633$24,180$23,741$23,315$22,015
3 years$16,568$16,098$15,646$15,211$14,792$13,532
4 years$12,302$11,834$11,386$10,959$10,550$9,339
5 years$9,743$9,278$8,836$8,417$8,020$6,862
6 years$8,038$7,576$7,141$6,731$6,346$5,242
7 years$6,820$6,362$5,934$5,534$5,161$4,112
8 years$5,907$5,454$5,033$4,643$4,281$3,286
9 years$5,198$4,748$4,335$3,954$3,606$2,663
10 years$4,631$4,186$3,779$3,409$3,072$2,181
11 years$4,167$3,726$3,327$2,967$2,642$1,802
12 years$3,780$3,344$2,953$2,602$2,290$1,498
13 years$3,454$3,022$2,638$2,297$1,997$1,252
14 years$3,174$2,747$2,370$2,039$1,750$1,051
15 years$2,932$2,510$2,140$1,819$1,541$885
16 years$2,720$2,303$1,940$1,628$1,362$748
17 years$2,534$2,121$1,766$1,463$1,208$634
18 years$2,368$1,959$1,612$1,319$1,074$538
19 years$2,220$1,816$1,475$1,191$957$457
20 years$2,087$1,688$1,354$1,079$855$389
21 years$1,967$1,572$1,246$979$765$332
22 years$1,857$1,467$1,148$890$686$283
23 years$1,758$1,372$1,060$811$616$242
24 years$1,667$1,286$980$740$553$207
25 years$1,583$1,207$908$675$498$177
26 years$1,506$1,134$842$618$448$151
27 years$1,435$1,067$782$565$404$129
28 years$1,368$1,006$727$518$365$111
29 years$1,307$949$676$475$329$95
30 years$1,250$896$630$436$298$81
31 years$1,196$847$587$400$269$70
32 years$1,146$801$548$368$243$60
33 years$1,100$759$512$338$220$51
34 years$1,056$719$478$311$199$44
35 years$1,014$682$447$287$181$38
36 years$975$648$418$264$164$32
37 years$938$615$391$243$148$28
38 years$904$585$367$224$134$24
39 years$871$556$343$207$122$20
40 years$839$529$322$191$111$18
41 years$810$503$302$176$100$15
42 years$782$479$283$162$91$13
43 years$755$457$266$150$83$11
44 years$730$435$249$138$75$10
45 years$705$415$234$128$68$8
46 years$682$396$220$118$62$7
47 years$660$378$207$109$56$6
48 years$639$361$194$101$51$5
49 years$619$345$182$93$46$4
50 years$599$329$172$86$42$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $614,000, adding $3,489 every year, while hoping to spend $31,399 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: 55/29/16 Blend
34$614,000$614,000$614,000$614,000
35$680,227$647,685$638,168$714,573
36$716,202$646,013$626,138$736,680
37$754,794$643,207$612,653$757,066
38$796,236$639,178$597,631$778,557
39$840,787$633,832$580,986$801,265
40$888,726$627,069$562,628$825,316
41$940,364$618,783$542,464$850,848
42$996,040$608,862$520,395$878,019
43$1,056,127$597,188$496,320$907,002
44$1,121,036$583,634$470,130$937,988
45$1,191,217$568,067$441,715$971,192
46$1,267,165$550,346$410,956$1,006,853
47$1,349,425$530,322$377,732$1,045,233
48$1,438,595$507,837$341,915$1,086,628
49$1,535,333$482,722$303,371$1,131,363
50$1,640,364$454,803$261,960$1,179,800
51$1,754,484$423,890$217,538$1,232,342
52$1,878,567$389,788$169,952$1,289,433
53$2,013,579$352,285$119,044$1,351,567
54$2,160,580$311,162$64,647$1,419,294
55$2,320,735$266,185$6,589$1,493,220
56$2,495,329$217,107$0$1,574,019
57$2,685,774$163,668$0$1,671,890
58$2,893,627$105,591$0$1,780,021
59$3,120,598$42,587$0$1,898,235
60$3,368,573$0$0$2,027,581
61$3,639,627$0$0$2,177,404
62$3,936,042$0$0$2,356,161
63$4,260,335$0$0$2,551,787
64$4,615,275$0$0$2,765,958
65$5,003,910$0$0$3,000,522
66$5,429,600$0$0$3,257,513
67$5,896,041$0$0$3,539,173
68$6,407,307$0$0$3,847,967
69$6,967,884$0$0$4,186,614
70$7,582,710$0$0$4,558,106
71$8,257,228$0$0$4,965,742
72$8,997,431$0$0$5,413,152
73$9,809,920$0$0$5,904,335
74$10,701,968$0$0$6,443,700
75$11,681,586$0$0$7,036,099
76$12,757,596$0$0$7,686,879
77$13,939,721$0$0$8,401,932
78$15,238,670$0$0$9,187,747
79$16,666,240$0$0$10,051,472
80$18,235,429$0$0$11,000,984
81$19,960,556$0$0$12,044,961
82$21,857,397$0$0$13,192,963
83$23,943,333$0$0$14,455,522
84$26,237,513$0$0$15,844,244
85$28,761,037$0$0$17,371,915
86$31,537,150$0$0$19,052,622
87$34,591,464$0$0$20,901,888
88$37,952,201$0$0$22,936,815
89$41,650,454$0$0$25,176,246
90$45,720,484$0$0$27,640,946
91$50,200,039$0$0$30,353,792
92$55,130,715$0$0$33,339,993
93$60,558,344$0$0$36,627,324
94$66,533,426$0$0$40,246,393
95$73,111,607$0$0$44,230,924
96$80,354,204$0$0$48,618,078
97$88,328,780$0$0$53,448,804
98$97,109,784$0$0$58,768,221
99$106,779,251$0$0$64,626,050
100$117,427,578$0$0$71,077,076