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%18.1%
1 years$50,951$50,497$50,055$49,622$49,200$47,587
2 years$25,223$24,754$24,298$23,857$23,429$21,819
3 years$16,649$16,177$15,723$15,285$14,864$13,308
4 years$12,362$11,892$11,442$11,012$10,601$9,111
5 years$9,791$9,323$8,880$8,458$8,059$6,639
6 years$8,077$7,613$7,176$6,764$6,377$5,027
7 years$6,854$6,393$5,963$5,561$5,186$3,907
8 years$5,936$5,480$5,057$4,665$4,302$3,093
9 years$5,223$4,772$4,356$3,974$3,623$2,483
10 years$4,653$4,206$3,798$3,425$3,087$2,013
11 years$4,187$3,744$3,343$2,981$2,655$1,646
12 years$3,799$3,361$2,967$2,615$2,301$1,354
13 years$3,471$3,037$2,651$2,309$2,006$1,119
14 years$3,190$2,761$2,382$2,049$1,759$929
15 years$2,946$2,522$2,150$1,828$1,549$774
16 years$2,734$2,314$1,950$1,636$1,369$647
17 years$2,546$2,131$1,774$1,470$1,213$541
18 years$2,380$1,969$1,620$1,325$1,079$454
19 years$2,231$1,825$1,483$1,197$962$381
20 years$2,097$1,696$1,361$1,084$859$321
21 years$1,976$1,580$1,252$984$769$270
22 years$1,866$1,474$1,154$895$689$228
23 years$1,766$1,379$1,065$815$619$192
24 years$1,675$1,292$985$743$556$162
25 years$1,591$1,213$912$679$500$137
26 years$1,513$1,140$846$621$451$115
27 years$1,442$1,072$786$568$406$98
28 years$1,375$1,011$730$520$367$82
29 years$1,313$953$680$477$331$70
30 years$1,256$900$633$438$299$59
31 years$1,202$851$590$402$270$50
32 years$1,152$805$551$370$245$42
33 years$1,105$763$514$340$221$36
34 years$1,061$723$480$313$200$30
35 years$1,019$686$449$288$182$26
36 years$980$651$420$265$164$22
37 years$943$618$393$244$149$18
38 years$908$587$368$225$135$16
39 years$875$559$345$208$123$13
40 years$844$531$323$192$111$11
41 years$814$506$303$177$101$9
42 years$786$482$284$163$92$8
43 years$759$459$267$151$83$7
44 years$733$438$251$139$75$6
45 years$709$417$235$128$68$5
46 years$685$398$221$119$62$4
47 years$663$380$208$110$56$3
48 years$642$363$195$101$51$3
49 years$622$346$183$94$47$2
50 years$602$331$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 $617,000, adding $5,655 every year, while hoping to spend $45,727 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: 45/47/8 Blend
34$617,000$617,000$617,000$617,000
35$685,767$653,066$643,503$714,840
36$707,062$636,413$616,407$718,852
37$728,997$617,412$586,871$718,028
38$751,588$595,898$554,764$716,083
39$774,853$571,700$519,952$712,928
40$798,808$544,634$482,291$708,470
41$823,472$514,507$441,633$702,610
42$848,863$481,114$397,824$695,243
43$874,997$444,238$350,701$686,259
44$901,892$403,652$300,096$675,538
45$929,567$359,113$245,831$662,957
46$958,039$310,365$187,722$648,382
47$987,325$257,139$125,576$631,675
48$1,017,442$199,149$59,193$612,685
49$1,048,408$136,094$0$591,256
50$1,080,238$67,655$0$568,215
51$1,112,950$0$0$547,848
52$1,146,557$0$0$528,293
53$1,181,075$0$0$544,142
54$1,216,518$0$0$560,409
55$1,252,897$0$0$577,100
56$1,290,225$0$0$594,217
57$1,328,510$0$0$611,766
58$1,367,760$0$0$629,749
59$1,407,982$0$0$648,167
60$1,449,179$0$0$667,020
61$1,491,352$0$0$686,307
62$1,534,499$0$0$706,026
63$1,578,615$0$0$726,172
64$1,623,689$0$0$746,740
65$1,669,709$0$0$767,720
66$1,716,655$0$0$789,101
67$1,764,504$0$0$810,871
68$1,813,225$0$0$833,011
69$1,862,781$0$0$855,502
70$1,913,127$0$0$878,318
71$1,964,209$0$0$901,432
72$2,015,964$0$0$924,810
73$2,068,316$0$0$948,412
74$2,121,181$0$0$972,194
75$2,174,457$0$0$996,103
76$2,228,031$0$0$1,020,080
77$2,281,770$0$0$1,044,058
78$2,335,525$0$0$1,067,960
79$2,389,124$0$0$1,091,698
80$2,442,375$0$0$1,115,173
81$2,495,059$0$0$1,138,275
82$2,546,928$0$0$1,160,878
83$2,597,706$0$0$1,182,841
84$2,647,079$0$0$1,204,006
85$2,694,697$0$0$1,224,197
86$2,740,167$0$0$1,243,214
87$2,783,050$0$0$1,260,837
88$2,822,853$0$0$1,276,818
89$2,859,027$0$0$1,290,881
90$2,890,961$0$0$1,302,720
91$2,917,972$0$0$1,311,991
92$2,939,301$0$0$1,318,314
93$2,954,101$0$0$1,321,266
94$2,961,434$0$0$1,320,377
95$2,960,253$0$0$1,315,123
96$2,949,400$0$0$1,304,926
97$2,927,587$0$0$1,289,142
98$2,893,386$0$0$1,267,058
99$2,845,212$0$0$1,237,883
100$2,781,310$0$0$1,200,743