Can I retire at age 35 with 615,000?

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 $615,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.4%
1 years$50,786$50,334$49,892$49,462$49,041$48,752
2 years$25,142$24,673$24,220$23,780$23,353$23,062
3 years$16,595$16,124$15,672$15,236$14,816$14,531
4 years$12,322$11,853$11,405$10,977$10,567$10,291
5 years$9,759$9,293$8,851$8,431$8,033$7,766
6 years$8,051$7,588$7,153$6,742$6,356$6,099
7 years$6,831$6,373$5,944$5,543$5,169$4,922
8 years$5,917$5,463$5,041$4,650$4,288$4,051
9 years$5,206$4,756$4,342$3,961$3,611$3,384
10 years$4,638$4,192$3,785$3,414$3,077$2,860
11 years$4,173$3,732$3,332$2,971$2,646$2,439
12 years$3,787$3,350$2,957$2,606$2,293$2,095
13 years$3,459$3,027$2,642$2,301$2,000$1,811
14 years$3,179$2,752$2,374$2,043$1,753$1,573
15 years$2,937$2,514$2,144$1,822$1,544$1,372
16 years$2,725$2,306$1,943$1,631$1,364$1,202
17 years$2,538$2,124$1,768$1,466$1,210$1,055
18 years$2,372$1,963$1,614$1,321$1,075$929
19 years$2,224$1,819$1,478$1,193$959$820
20 years$2,090$1,690$1,356$1,081$856$725
21 years$1,970$1,574$1,248$981$766$642
22 years$1,860$1,470$1,150$892$687$570
23 years$1,761$1,375$1,062$812$617$506
24 years$1,669$1,288$982$741$554$450
25 years$1,586$1,209$909$677$499$401
26 years$1,508$1,136$843$619$449$357
27 years$1,437$1,069$783$566$405$319
28 years$1,371$1,007$728$519$365$284
29 years$1,309$950$678$476$330$254
30 years$1,252$897$631$437$298$227
31 years$1,198$848$588$401$270$203
32 years$1,148$803$549$369$244$181
33 years$1,101$760$513$339$221$162
34 years$1,057$721$479$312$200$145
35 years$1,016$683$448$287$181$130
36 years$977$649$419$264$164$116
37 years$940$616$392$244$149$104
38 years$905$585$367$225$135$93
39 years$872$557$344$207$122$84
40 years$841$530$322$191$111$75
41 years$811$504$302$176$101$67
42 years$783$480$284$163$91$60
43 years$756$458$266$150$83$54
44 years$731$436$250$139$75$48
45 years$706$416$235$128$68$43
46 years$683$397$220$118$62$39
47 years$661$379$207$109$56$35
48 years$640$361$194$101$51$31
49 years$620$345$183$93$46$28
50 years$600$330$172$86$42$25

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $615,000, adding $3,284 every year, while hoping to spend $22,025 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: 72/22/6 Blend
34$615,000$615,000$615,000$615,000
35$681,117$648,522$638,990$729,424
36$727,157$656,866$636,962$770,066
37$777,154$664,879$634,127$811,473
38$831,490$672,524$630,436$856,186
39$890,583$679,759$625,837$904,524
40$954,892$686,537$620,273$956,840
41$1,024,926$692,812$613,686$1,013,519
42$1,101,241$698,533$606,018$1,074,989
43$1,184,451$703,644$597,203$1,141,721
44$1,275,232$708,089$587,175$1,214,233
45$1,374,326$711,806$575,866$1,293,096
46$1,482,551$714,729$563,202$1,378,940
47$1,600,809$716,788$549,107$1,472,459
48$1,730,091$717,910$533,501$1,574,417
49$1,871,489$718,017$516,302$1,685,658
50$2,026,205$717,023$497,422$1,807,111
51$2,195,562$714,841$476,770$1,939,800
52$2,381,018$711,377$454,251$2,084,854
53$2,584,178$706,531$429,764$2,243,517
54$2,806,810$700,197$403,207$2,417,161
55$3,050,860$692,262$374,470$2,607,298
56$3,318,473$682,608$343,439$2,815,595
57$3,612,009$671,108$309,997$3,043,889
58$3,934,070$657,628$274,018$3,294,206
59$4,287,521$642,028$235,374$3,568,778
60$4,675,518$624,157$193,928$3,870,065
61$5,101,536$603,856$149,540$4,200,782
62$5,569,406$580,958$102,063$4,563,918
63$6,083,344$555,284$51,341$4,962,769
64$6,647,999$526,647$0$5,400,971
65$7,268,490$494,847$0$5,882,707
66$7,950,456$459,675$0$6,415,733
67$8,700,111$420,907$0$7,001,638
68$9,524,300$378,310$0$7,645,799
69$10,430,565$331,633$0$8,354,142
70$11,427,215$280,615$0$9,133,199
71$12,523,404$224,978$0$9,990,171
72$13,729,219$164,430$0$10,932,992
73$15,055,772$98,660$0$11,970,408
74$16,515,308$27,341$0$13,112,060
75$18,121,318$0$0$14,368,572
76$19,888,667$0$0$15,763,727
77$21,833,732$0$0$17,306,493
78$23,974,562$0$0$19,004,569
79$26,331,041$0$0$20,873,732
80$28,925,079$0$0$22,931,368
81$31,780,820$0$0$25,196,630
82$34,924,866$0$0$27,690,626
83$38,386,531$0$0$30,436,614
84$42,198,114$0$0$33,460,222
85$46,395,208$0$0$36,789,688
86$51,017,030$0$0$40,456,130
87$56,106,799$0$0$44,493,837
88$61,712,134$0$0$48,940,593
89$67,885,510$0$0$53,838,031
90$74,684,750$0$0$59,232,031
91$82,173,573$0$0$65,173,149
92$90,422,192$0$0$71,717,094
93$99,507,978$0$0$78,925,254
94$109,516,189$0$0$86,865,276
95$120,540,778$0$0$95,611,704
96$132,685,274$0$0$105,246,683
97$146,063,762$0$0$115,860,730
98$160,801,961$0$0$127,553,596
99$177,038,407$0$0$140,435,198
100$194,925,761$0$0$154,626,664