Can I retire at age 35 with 617,000?

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 $617,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.1%
1 years$50,951$50,497$50,055$49,622$49,200$47,398
2 years$25,223$24,754$24,298$23,857$23,429$21,633
3 years$16,649$16,177$15,723$15,285$14,864$13,132
4 years$12,362$11,892$11,442$11,012$10,601$8,945
5 years$9,791$9,323$8,880$8,458$8,059$6,483
6 years$8,077$7,613$7,176$6,764$6,377$4,883
7 years$6,854$6,393$5,963$5,561$5,186$3,773
8 years$5,936$5,480$5,057$4,665$4,302$2,970
9 years$5,223$4,772$4,356$3,974$3,623$2,369
10 years$4,653$4,206$3,798$3,425$3,087$1,909
11 years$4,187$3,744$3,343$2,981$2,655$1,550
12 years$3,799$3,361$2,967$2,615$2,301$1,267
13 years$3,471$3,037$2,651$2,309$2,006$1,040
14 years$3,190$2,761$2,382$2,049$1,759$858
15 years$2,946$2,522$2,150$1,828$1,549$709
16 years$2,734$2,314$1,950$1,636$1,369$588
17 years$2,546$2,131$1,774$1,470$1,213$489
18 years$2,380$1,969$1,620$1,325$1,079$407
19 years$2,231$1,825$1,483$1,197$962$339
20 years$2,097$1,696$1,361$1,084$859$283
21 years$1,976$1,580$1,252$984$769$237
22 years$1,866$1,474$1,154$895$689$198
23 years$1,766$1,379$1,065$815$619$165
24 years$1,675$1,292$985$743$556$139
25 years$1,591$1,213$912$679$500$116
26 years$1,513$1,140$846$621$451$97
27 years$1,442$1,072$786$568$406$81
28 years$1,375$1,011$730$520$367$68
29 years$1,313$953$680$477$331$57
30 years$1,256$900$633$438$299$48
31 years$1,202$851$590$402$270$40
32 years$1,152$805$551$370$245$34
33 years$1,105$763$514$340$221$28
34 years$1,061$723$480$313$200$24
35 years$1,019$686$449$288$182$20
36 years$980$651$420$265$164$17
37 years$943$618$393$244$149$14
38 years$908$587$368$225$135$12
39 years$875$559$345$208$123$10
40 years$844$531$323$192$111$8
41 years$814$506$303$177$101$7
42 years$786$482$284$163$92$6
43 years$759$459$267$151$83$5
44 years$733$438$251$139$75$4
45 years$709$417$235$128$68$3
46 years$685$398$221$119$62$3
47 years$663$380$208$110$56$2
48 years$642$363$195$101$51$2
49 years$622$346$183$94$47$2
50 years$602$331$172$86$42$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $617,000, adding $4,611 every year, while hoping to spend $35,110 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: 44/38/18 Blend
34$617,000$617,000$617,000$617,000
35$684,690$651,989$642,426$711,068
36$717,172$646,580$626,590$724,644
37$751,790$639,729$609,048$735,517
38$788,725$631,328$589,703$746,563
39$828,176$621,264$568,459$757,815
40$870,359$609,415$545,212$769,311
41$915,512$595,653$519,853$781,094
42$963,898$579,843$492,271$793,218
43$1,015,801$561,841$462,348$805,740
44$1,071,536$541,495$429,960$818,731
45$1,131,448$518,643$394,979$832,270
46$1,195,915$493,117$357,270$846,446
47$1,265,353$464,734$316,694$861,365
48$1,340,219$433,306$273,103$877,144
49$1,421,014$398,631$226,344$893,918
50$1,508,289$360,495$176,258$911,839
51$1,602,650$318,674$122,678$931,081
52$1,704,761$272,931$65,429$951,838
53$1,815,355$223,013$4,329$974,333
54$1,935,236$168,655$0$998,813
55$2,065,289$109,577$0$1,037,252
56$2,206,485$45,483$0$1,079,919
57$2,359,895$0$0$1,126,376
58$2,526,696$0$0$1,187,073
59$2,708,183$0$0$1,273,873
60$2,905,780$0$0$1,368,447
61$3,121,055$0$0$1,471,553
62$3,355,733$0$0$1,584,028
63$3,611,712$0$0$1,706,789
64$3,891,082$0$0$1,840,850
65$4,196,144$0$0$1,987,324
66$4,529,430$0$0$2,147,437
67$4,893,727$0$0$2,322,541
68$5,292,105$0$0$2,514,121
69$5,727,943$0$0$2,723,815
70$6,204,961$0$0$2,953,424
71$6,727,258$0$0$3,204,936
72$7,299,344$0$0$3,480,534
73$7,926,190$0$0$3,782,628
74$8,613,266$0$0$4,113,868
75$9,366,601$0$0$4,477,175
76$10,192,831$0$0$4,875,765
77$11,099,268$0$0$5,313,183
78$12,093,965$0$0$5,793,329
79$13,185,792$0$0$6,320,504
80$14,384,519$0$0$6,899,443
81$15,700,911$0$0$7,535,363
82$17,146,824$0$0$8,234,010
83$18,735,319$0$0$9,001,715
84$20,480,786$0$0$9,845,453
85$22,399,076$0$0$10,772,907
86$24,507,653$0$0$11,792,543
87$26,825,756$0$0$12,913,687
88$29,374,583$0$0$14,146,615
89$32,177,488$0$0$15,502,646
90$35,260,199$0$0$16,994,255
91$38,651,067$0$0$18,635,183
92$42,381,324$0$0$20,440,573
93$46,485,385$0$0$22,427,107
94$51,001,166$0$0$24,613,169
95$55,970,447$0$0$27,019,011
96$61,439,260$0$0$29,666,951
97$67,458,327$0$0$32,581,579
98$74,083,535$0$0$35,789,990
99$81,376,464$0$0$39,322,039
100$89,404,969$0$0$43,210,623