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%14.9%
1 years$50,869$50,416$49,974$49,542$49,121$48,129
2 years$25,183$24,714$24,259$23,818$23,391$22,396
3 years$16,622$16,151$15,697$15,261$14,840$13,873
4 years$12,342$11,872$11,424$10,994$10,584$9,653
5 years$9,775$9,308$8,865$8,445$8,046$7,152
6 years$8,064$7,601$7,164$6,753$6,366$5,512
7 years$6,842$6,383$5,954$5,552$5,178$4,362
8 years$5,927$5,471$5,049$4,658$4,295$3,519
9 years$5,215$4,764$4,349$3,967$3,617$2,879
10 years$4,646$4,199$3,791$3,420$3,082$2,382
11 years$4,180$3,738$3,338$2,976$2,651$1,988
12 years$3,793$3,355$2,962$2,611$2,297$1,670
13 years$3,465$3,032$2,647$2,305$2,003$1,411
14 years$3,184$2,756$2,378$2,046$1,756$1,197
15 years$2,942$2,518$2,147$1,825$1,546$1,020
16 years$2,729$2,310$1,947$1,634$1,366$872
17 years$2,542$2,127$1,771$1,468$1,212$747
18 years$2,376$1,966$1,617$1,323$1,077$641
19 years$2,227$1,822$1,480$1,195$960$552
20 years$2,094$1,693$1,359$1,083$858$475
21 years$1,973$1,577$1,250$983$767$410
22 years$1,863$1,472$1,152$893$688$354
23 years$1,764$1,377$1,063$814$618$306
24 years$1,672$1,290$983$742$555$265
25 years$1,588$1,211$911$678$499$230
26 years$1,511$1,138$845$620$450$199
27 years$1,439$1,071$784$567$406$173
28 years$1,373$1,009$729$520$366$150
29 years$1,311$952$679$477$330$130
30 years$1,254$899$632$437$299$113
31 years$1,200$850$589$402$270$98
32 years$1,150$804$550$369$244$85
33 years$1,103$761$513$339$221$74
34 years$1,059$722$480$312$200$64
35 years$1,017$685$448$288$181$56
36 years$978$650$420$265$164$49
37 years$941$617$393$244$149$42
38 years$907$586$368$225$135$37
39 years$873$558$345$207$122$32
40 years$842$531$323$191$111$28
41 years$812$505$303$176$101$24
42 years$784$481$284$163$91$21
43 years$757$458$267$150$83$18
44 years$732$437$250$139$75$16
45 years$708$417$235$128$68$14
46 years$684$397$221$118$62$12
47 years$662$379$207$109$56$10
48 years$641$362$195$101$51$9
49 years$621$346$183$93$46$8
50 years$601$330$172$86$42$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $616,000, adding $4,642 every year, while hoping to spend $40,183 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: 59/17/24 Blend
34$616,000$616,000$616,000$616,000
35$683,620$650,972$641,424$719,296
36$710,595$640,115$620,158$733,263
37$738,975$627,380$596,832$743,761
38$768,860$612,631$571,335$754,344
39$800,360$595,727$543,552$765,029
40$833,595$576,516$513,359$775,836
41$868,696$554,839$480,631$786,791
42$905,804$530,528$445,233$797,923
43$945,076$503,403$407,028$809,267
44$986,679$473,275$365,869$820,863
45$1,030,800$439,946$321,605$832,759
46$1,077,641$403,202$274,078$845,009
47$1,127,423$362,822$223,123$857,677
48$1,180,389$318,569$168,566$870,835
49$1,236,804$270,193$110,228$884,567
50$1,296,957$217,432$47,919$898,968
51$1,361,166$160,006$0$914,146
52$1,429,781$97,622$0$934,981
53$1,503,182$29,969$0$970,261
54$1,581,788$0$0$1,007,915
55$1,666,058$0$0$1,056,277
56$1,756,497$0$0$1,114,228
57$1,853,655$0$0$1,176,523
58$1,958,141$0$0$1,243,554
59$2,070,620$0$0$1,315,753
60$2,191,823$0$0$1,393,596
61$2,322,554$0$0$1,477,603
62$2,463,695$0$0$1,568,347
63$2,616,217$0$0$1,666,458
64$2,781,184$0$0$1,772,628
65$2,959,768$0$0$1,887,617
66$3,153,257$0$0$2,012,262
67$3,363,067$0$0$2,147,482
68$3,590,756$0$0$2,294,288
69$3,838,035$0$0$2,453,793
70$4,106,789$0$0$2,627,220
71$4,399,091$0$0$2,815,917
72$4,717,219$0$0$3,021,362
73$5,063,683$0$0$3,245,187
74$5,441,244$0$0$3,489,186
75$5,852,939$0$0$3,755,331
76$6,302,113$0$0$4,045,795
77$6,792,446$0$0$4,362,971
78$7,327,990$0$0$4,709,491
79$7,913,205$0$0$5,088,253
80$8,553,002$0$0$5,502,448
81$9,252,786$0$0$5,955,590
82$10,018,511$0$0$6,451,546
83$10,856,730$0$0$6,994,578
84$11,774,663$0$0$7,589,375
85$12,780,256$0$0$8,241,104
86$13,882,265$0$0$8,955,455
87$15,090,328$0$0$9,738,692
88$16,415,065$0$0$10,597,718
89$17,868,168$0$0$11,540,134
90$19,462,519$0$0$12,574,311
91$21,212,306$0$0$13,709,473
92$23,133,156$0$0$14,955,777
93$25,242,285$0$0$16,324,415
94$27,558,655$0$0$17,827,713
95$30,103,157$0$0$19,479,250
96$32,898,804$0$0$21,293,988
97$35,970,949$0$0$23,288,406
98$39,347,521$0$0$25,480,662
99$43,059,291$0$0$27,890,757
100$47,140,159$0$0$30,540,732