Can I retire at age 35 with 616,000?

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 $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%18.7%
1 years$50,869$50,416$49,974$49,542$49,121$47,397
2 years$25,183$24,714$24,259$23,818$23,391$21,672
3 years$16,622$16,151$15,697$15,261$14,840$13,181
4 years$12,342$11,872$11,424$10,994$10,584$8,996
5 years$9,775$9,308$8,865$8,445$8,046$6,534
6 years$8,064$7,601$7,164$6,753$6,366$4,932
7 years$6,842$6,383$5,954$5,552$5,178$3,820
8 years$5,927$5,471$5,049$4,658$4,295$3,014
9 years$5,215$4,764$4,349$3,967$3,617$2,410
10 years$4,646$4,199$3,791$3,420$3,082$1,947
11 years$4,180$3,738$3,338$2,976$2,651$1,585
12 years$3,793$3,355$2,962$2,611$2,297$1,299
13 years$3,465$3,032$2,647$2,305$2,003$1,070
14 years$3,184$2,756$2,378$2,046$1,756$884
15 years$2,942$2,518$2,147$1,825$1,546$733
16 years$2,729$2,310$1,947$1,634$1,366$610
17 years$2,542$2,127$1,771$1,468$1,212$508
18 years$2,376$1,966$1,617$1,323$1,077$424
19 years$2,227$1,822$1,480$1,195$960$355
20 years$2,094$1,693$1,359$1,083$858$297
21 years$1,973$1,577$1,250$983$767$249
22 years$1,863$1,472$1,152$893$688$209
23 years$1,764$1,377$1,063$814$618$175
24 years$1,672$1,290$983$742$555$147
25 years$1,588$1,211$911$678$499$124
26 years$1,511$1,138$845$620$450$104
27 years$1,439$1,071$784$567$406$87
28 years$1,373$1,009$729$520$366$74
29 years$1,311$952$679$477$330$62
30 years$1,254$899$632$437$299$52
31 years$1,200$850$589$402$270$44
32 years$1,150$804$550$369$244$37
33 years$1,103$761$513$339$221$31
34 years$1,059$722$480$312$200$26
35 years$1,017$685$448$288$181$22
36 years$978$650$420$265$164$19
37 years$941$617$393$244$149$16
38 years$907$586$368$225$135$13
39 years$873$558$345$207$122$11
40 years$842$531$323$191$111$9
41 years$812$505$303$176$101$8
42 years$784$481$284$163$91$7
43 years$757$458$267$150$83$6
44 years$732$437$250$139$75$5
45 years$708$417$235$128$68$4
46 years$684$397$221$118$62$3
47 years$662$379$207$109$56$3
48 years$641$362$195$101$51$2
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 $3,795 every year, while hoping to spend $26,540 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: 50/36/14 Blend
34$616,000$616,000$616,000$616,000
35$682,747$650,099$640,551$714,091
36$724,148$653,715$633,771$739,646
37$768,884$656,619$625,874$764,314
38$817,264$658,748$616,795$790,530
39$869,633$660,035$606,466$818,446
40$926,368$660,409$594,815$848,233
41$987,883$659,794$581,766$880,082
42$1,054,633$658,110$567,242$914,200
43$1,127,120$655,272$551,159$950,820
44$1,205,896$651,190$533,432$990,200
45$1,291,567$645,768$513,972$1,032,625
46$1,384,801$638,904$492,684$1,078,411
47$1,486,331$630,491$469,469$1,127,907
48$1,596,966$620,415$444,226$1,181,501
49$1,717,596$608,554$416,847$1,239,622
50$1,849,198$594,781$387,219$1,302,745
51$1,992,851$578,960$355,225$1,371,394
52$2,149,740$560,947$320,744$1,446,153
53$2,321,171$540,591$283,646$1,527,663
54$2,508,581$517,730$243,798$1,616,638
55$2,713,552$492,195$201,061$1,713,864
56$2,937,826$463,804$155,289$1,820,212
57$3,183,323$432,369$106,329$1,936,647
58$3,452,154$397,687$54,023$2,064,233
59$3,746,646$359,546$0$2,204,147
60$4,069,360$317,721$0$2,357,960
61$4,423,120$271,973$0$2,535,472
62$4,811,031$222,053$0$2,730,221
63$5,236,517$167,695$0$2,943,994
64$5,703,347$108,617$0$3,178,761
65$6,215,675$44,526$0$3,436,698
66$6,778,073$0$0$3,720,208
67$7,395,581$0$0$4,041,804
68$8,073,747$0$0$4,414,429
69$8,818,687$0$0$4,823,813
70$9,637,136$0$0$5,273,667
71$10,536,513$0$0$5,768,077
72$11,524,993$0$0$6,311,547
73$12,611,581$0$0$6,909,037
74$13,806,199$0$0$7,566,014
75$15,119,777$0$0$8,288,497
76$16,564,358$0$0$9,083,123
77$18,153,212$0$0$9,957,200
78$19,900,956$0$0$10,918,783
79$21,823,697$0$0$11,976,744
80$23,939,183$0$0$13,140,861
81$26,266,966$0$0$14,421,907
82$28,828,592$0$0$15,831,750
83$31,647,800$0$0$17,383,470
84$34,750,745$0$0$19,091,477
85$38,166,249$0$0$20,971,650
86$41,926,069$0$0$23,041,485
87$46,065,196$0$0$25,320,261
88$50,622,189$0$0$27,829,222
89$55,639,532$0$0$30,591,775
90$61,164,042$0$0$33,633,713
91$67,247,304$0$0$36,983,459
92$73,946,162$0$0$40,672,330
93$81,323,251$0$0$44,734,838
94$89,447,593$0$0$49,209,011
95$98,395,243$0$0$54,136,753
96$108,250,009$0$0$59,564,240
97$119,104,242$0$0$65,542,354
98$131,059,708$0$0$72,127,168
99$144,228,548$0$0$79,380,466
100$158,734,332$0$0$87,370,335