Can I retire at age 35 with 616,000?

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 $616,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.1%
1 years$50,869$50,416$49,974$49,542$49,121$47,510
2 years$25,183$24,714$24,259$23,818$23,391$21,784
3 years$16,622$16,151$15,697$15,261$14,840$13,287
4 years$12,342$11,872$11,424$10,994$10,584$9,096
5 years$9,775$9,308$8,865$8,445$8,046$6,628
6 years$8,064$7,601$7,164$6,753$6,366$5,019
7 years$6,842$6,383$5,954$5,552$5,178$3,901
8 years$5,927$5,471$5,049$4,658$4,295$3,088
9 years$5,215$4,764$4,349$3,967$3,617$2,479
10 years$4,646$4,199$3,791$3,420$3,082$2,010
11 years$4,180$3,738$3,338$2,976$2,651$1,643
12 years$3,793$3,355$2,962$2,611$2,297$1,352
13 years$3,465$3,032$2,647$2,305$2,003$1,118
14 years$3,184$2,756$2,378$2,046$1,756$928
15 years$2,942$2,518$2,147$1,825$1,546$773
16 years$2,729$2,310$1,947$1,634$1,366$646
17 years$2,542$2,127$1,771$1,468$1,212$540
18 years$2,376$1,966$1,617$1,323$1,077$453
19 years$2,227$1,822$1,480$1,195$960$381
20 years$2,094$1,693$1,359$1,083$858$320
21 years$1,973$1,577$1,250$983$767$270
22 years$1,863$1,472$1,152$893$688$227
23 years$1,764$1,377$1,063$814$618$192
24 years$1,672$1,290$983$742$555$162
25 years$1,588$1,211$911$678$499$136
26 years$1,511$1,138$845$620$450$115
27 years$1,439$1,071$784$567$406$97
28 years$1,373$1,009$729$520$366$82
29 years$1,311$952$679$477$330$70
30 years$1,254$899$632$437$299$59
31 years$1,200$850$589$402$270$50
32 years$1,150$804$550$369$244$42
33 years$1,103$761$513$339$221$36
34 years$1,059$722$480$312$200$30
35 years$1,017$685$448$288$181$26
36 years$978$650$420$265$164$22
37 years$941$617$393$244$149$18
38 years$907$586$368$225$135$15
39 years$873$558$345$207$122$13
40 years$842$531$323$191$111$11
41 years$812$505$303$176$101$9
42 years$784$481$284$163$91$8
43 years$757$458$267$150$83$7
44 years$732$437$250$139$75$6
45 years$708$417$235$128$68$5
46 years$684$397$221$118$62$4
47 years$662$379$207$109$56$3
48 years$641$362$195$101$51$3
49 years$621$346$183$93$46$2
50 years$601$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 $616,000, adding $2,278 every year, while hoping to spend $42,770 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: 39/32/29 Blend
34$616,000$616,000$616,000$616,000
35$681,182$648,534$638,986$701,819
36$705,155$634,805$614,885$703,409
37$730,141$618,970$588,543$701,030
38$756,196$600,880$559,840$697,650
39$783,384$580,379$528,651$693,204
40$811,772$557,300$494,843$687,627
41$841,432$531,468$458,280$680,851
42$872,444$502,696$418,818$672,802
43$904,892$470,787$376,308$663,408
44$938,869$435,534$330,592$652,592
45$974,475$396,716$281,508$640,272
46$1,011,817$354,101$228,884$626,368
47$1,051,014$307,443$172,543$610,793
48$1,092,192$256,483$112,298$593,459
49$1,135,491$200,945$47,956$574,277
50$1,181,061$140,542$0$553,152
51$1,229,067$74,965$0$536,397
52$1,279,686$3,893$0$533,759
53$1,333,114$0$0$530,352
54$1,389,563$0$0$551,857
55$1,449,264$0$0$576,087
56$1,512,471$0$0$601,779
57$1,579,460$0$0$629,049
58$1,650,532$0$0$658,027
59$1,726,017$0$0$688,852
60$1,806,277$0$0$721,678
61$1,891,705$0$0$756,673
62$1,982,735$0$0$794,021
63$2,079,839$0$0$833,923
64$2,183,536$0$0$876,602
65$2,294,394$0$0$922,298
66$2,413,035$0$0$971,279
67$2,540,144$0$0$1,023,835
68$2,676,468$0$0$1,080,287
69$2,822,831$0$0$1,140,985
70$2,980,133$0$0$1,206,316
71$3,149,365$0$0$1,276,702
72$3,331,614$0$0$1,352,609
73$3,528,075$0$0$1,434,547
74$3,740,059$0$0$1,523,079
75$3,969,008$0$0$1,618,820
76$4,216,504$0$0$1,722,449
77$4,484,288$0$0$1,834,711
78$4,774,274$0$0$1,956,426
79$5,088,564$0$0$2,088,495
80$5,429,473$0$0$2,231,909
81$5,799,544$0$0$2,387,758
82$6,201,574$0$0$2,557,243
83$6,638,642$0$0$2,741,681
84$7,114,132$0$0$2,942,526
85$7,631,770$0$0$3,161,375
86$8,195,655$0$0$3,399,985
87$8,810,298$0$0$3,660,292
88$9,480,664$0$0$3,944,427
89$10,212,215$0$0$4,254,733
90$11,010,967$0$0$4,593,791
91$11,883,541$0$0$4,964,443
92$12,837,225$0$0$5,369,817
93$13,880,045$0$0$5,813,358
94$15,020,834$0$0$6,298,858
95$16,269,323$0$0$6,830,494
96$17,636,222$0$0$7,412,866
97$19,133,330$0$0$8,051,037
98$20,773,636$0$0$8,750,587
99$22,571,447$0$0$9,517,659
100$24,542,521$0$0$10,359,020