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%18.8%
1 years$50,786$50,334$49,892$49,462$49,041$47,301
2 years$25,142$24,673$24,220$23,780$23,353$21,618
3 years$16,595$16,124$15,672$15,236$14,816$13,142
4 years$12,322$11,853$11,405$10,977$10,567$8,965
5 years$9,759$9,293$8,851$8,431$8,033$6,508
6 years$8,051$7,588$7,153$6,742$6,356$4,910
7 years$6,831$6,373$5,944$5,543$5,169$3,801
8 years$5,917$5,463$5,041$4,650$4,288$2,997
9 years$5,206$4,756$4,342$3,961$3,611$2,395
10 years$4,638$4,192$3,785$3,414$3,077$1,933
11 years$4,173$3,732$3,332$2,971$2,646$1,573
12 years$3,787$3,350$2,957$2,606$2,293$1,288
13 years$3,459$3,027$2,642$2,301$2,000$1,060
14 years$3,179$2,752$2,374$2,043$1,753$876
15 years$2,937$2,514$2,144$1,822$1,544$726
16 years$2,725$2,306$1,943$1,631$1,364$603
17 years$2,538$2,124$1,768$1,466$1,210$502
18 years$2,372$1,963$1,614$1,321$1,075$419
19 years$2,224$1,819$1,478$1,193$959$350
20 years$2,090$1,690$1,356$1,081$856$293
21 years$1,970$1,574$1,248$981$766$245
22 years$1,860$1,470$1,150$892$687$206
23 years$1,761$1,375$1,062$812$617$172
24 years$1,669$1,288$982$741$554$145
25 years$1,586$1,209$909$677$499$121
26 years$1,508$1,136$843$619$449$102
27 years$1,437$1,069$783$566$405$86
28 years$1,371$1,007$728$519$365$72
29 years$1,309$950$678$476$330$61
30 years$1,252$897$631$437$298$51
31 years$1,198$848$588$401$270$43
32 years$1,148$803$549$369$244$36
33 years$1,101$760$513$339$221$30
34 years$1,057$721$479$312$200$25
35 years$1,016$683$448$287$181$21
36 years$977$649$419$264$164$18
37 years$940$616$392$244$149$15
38 years$905$585$367$225$135$13
39 years$872$557$344$207$122$11
40 years$841$530$322$191$111$9
41 years$811$504$302$176$101$8
42 years$783$480$284$163$91$6
43 years$756$458$266$150$83$5
44 years$731$436$250$139$75$5
45 years$706$416$235$128$68$4
46 years$683$397$220$118$62$3
47 years$661$379$207$109$56$3
48 years$640$361$194$101$51$2
49 years$620$345$183$93$46$2
50 years$600$330$172$86$42$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $615,000, adding $2,281 every year, while hoping to spend $44,751 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: 56/30/14 Blend
34$615,000$615,000$615,000$615,000
35$680,083$647,488$637,955$715,583
36$701,837$631,600$611,712$724,034
37$724,309$613,434$583,090$728,158
38$747,527$592,830$551,962$731,617
39$771,517$569,622$518,195$734,355
40$796,309$543,629$481,651$736,312
41$821,930$514,666$442,184$737,429
42$848,414$482,531$399,645$737,639
43$875,793$447,016$353,873$736,873
44$904,101$407,896$304,705$735,060
45$933,373$364,938$251,967$732,122
46$963,649$317,891$195,479$727,979
47$994,968$266,494$135,054$722,546
48$1,027,372$210,470$70,496$715,732
49$1,060,904$149,523$1,598$707,443
50$1,095,612$83,346$0$697,581
51$1,131,546$11,611$0$696,784
52$1,168,756$0$0$695,151
53$1,207,298$0$0$714,160
54$1,247,230$0$0$737,830
55$1,288,614$0$0$762,365
56$1,331,515$0$0$787,805
57$1,376,004$0$0$814,192
58$1,422,153$0$0$841,571
59$1,470,042$0$0$869,988
60$1,519,755$0$0$899,495
61$1,571,382$0$0$930,146
62$1,625,018$0$0$961,999
63$1,680,765$0$0$995,115
64$1,738,734$0$0$1,029,562
65$1,799,040$0$0$1,065,410
66$1,861,812$0$0$1,102,736
67$1,927,183$0$0$1,141,621
68$1,995,299$0$0$1,182,155
69$2,066,316$0$0$1,224,432
70$2,140,403$0$0$1,268,555
71$2,217,742$0$0$1,314,634
72$2,298,529$0$0$1,362,789
73$2,382,975$0$0$1,413,148
74$2,471,309$0$0$1,465,852
75$2,563,780$0$0$1,521,051
76$2,660,655$0$0$1,578,909
77$2,762,225$0$0$1,639,605
78$2,868,806$0$0$1,703,330
79$2,980,741$0$0$1,770,295
80$3,098,402$0$0$1,840,726
81$3,222,193$0$0$1,914,873
82$3,352,555$0$0$1,993,003
83$3,489,968$0$0$2,075,412
84$3,634,953$0$0$2,162,418
85$3,788,081$0$0$2,254,372
86$3,949,973$0$0$2,351,653
87$4,121,305$0$0$2,454,678
88$4,302,820$0$0$2,563,902
89$4,495,324$0$0$2,679,819
90$4,699,703$0$0$2,802,974
91$4,916,924$0$0$2,933,960
92$5,148,043$0$0$3,073,427
93$5,394,218$0$0$3,222,085
94$5,656,717$0$0$3,380,714
95$5,936,928$0$0$3,550,168
96$6,236,373$0$0$3,731,382
97$6,556,717$0$0$3,925,381
98$6,899,791$0$0$4,133,290
99$7,267,597$0$0$4,356,343
100$7,662,337$0$0$4,595,893