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%17.6%
1 years$50,951$50,497$50,055$49,622$49,200$47,683
2 years$25,223$24,754$24,298$23,857$23,429$21,913
3 years$16,649$16,177$15,723$15,285$14,864$13,398
4 years$12,362$11,892$11,442$11,012$10,601$9,196
5 years$9,791$9,323$8,880$8,458$8,059$6,718
6 years$8,077$7,613$7,176$6,764$6,377$5,101
7 years$6,854$6,393$5,963$5,561$5,186$3,976
8 years$5,936$5,480$5,057$4,665$4,302$3,157
9 years$5,223$4,772$4,356$3,974$3,623$2,542
10 years$4,653$4,206$3,798$3,425$3,087$2,067
11 years$4,187$3,744$3,343$2,981$2,655$1,696
12 years$3,799$3,361$2,967$2,615$2,301$1,399
13 years$3,471$3,037$2,651$2,309$2,006$1,161
14 years$3,190$2,761$2,382$2,049$1,759$967
15 years$2,946$2,522$2,150$1,828$1,549$809
16 years$2,734$2,314$1,950$1,636$1,369$678
17 years$2,546$2,131$1,774$1,470$1,213$569
18 years$2,380$1,969$1,620$1,325$1,079$479
19 years$2,231$1,825$1,483$1,197$962$404
20 years$2,097$1,696$1,361$1,084$859$341
21 years$1,976$1,580$1,252$984$769$288
22 years$1,866$1,474$1,154$895$689$244
23 years$1,766$1,379$1,065$815$619$207
24 years$1,675$1,292$985$743$556$175
25 years$1,591$1,213$912$679$500$148
26 years$1,513$1,140$846$621$451$126
27 years$1,442$1,072$786$568$406$107
28 years$1,375$1,011$730$520$367$91
29 years$1,313$953$680$477$331$77
30 years$1,256$900$633$438$299$65
31 years$1,202$851$590$402$270$55
32 years$1,152$805$551$370$245$47
33 years$1,105$763$514$340$221$40
34 years$1,061$723$480$313$200$34
35 years$1,019$686$449$288$182$29
36 years$980$651$420$265$164$25
37 years$943$618$393$244$149$21
38 years$908$587$368$225$135$18
39 years$875$559$345$208$123$15
40 years$844$531$323$192$111$13
41 years$814$506$303$177$101$11
42 years$786$482$284$163$92$9
43 years$759$459$267$151$83$8
44 years$733$438$251$139$75$7
45 years$709$417$235$128$68$6
46 years$685$398$221$119$62$5
47 years$663$380$208$110$56$4
48 years$642$363$195$101$51$4
49 years$622$346$183$94$47$3
50 years$602$331$172$86$42$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $617,000, adding $3,496 every year, while hoping to spend $23,942 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: 59/34/7 Blend
34$617,000$617,000$617,000$617,000
35$683,540$650,839$641,276$722,660
36$727,787$657,256$637,284$755,731
37$775,745$663,185$632,357$788,734
38$827,767$668,577$626,436$824,118
39$884,241$673,379$619,464$862,112
40$945,595$677,536$611,377$902,970
41$1,012,298$680,988$602,111$946,973
42$1,084,868$683,672$591,598$994,427
43$1,163,874$685,522$579,766$1,045,675
44$1,249,942$686,465$566,540$1,101,093
45$1,343,760$686,425$551,843$1,161,096
46$1,446,086$685,323$535,593$1,226,142
47$1,557,756$683,073$517,704$1,296,737
48$1,679,687$679,584$498,088$1,373,440
49$1,812,891$674,759$476,649$1,456,867
50$1,958,481$668,497$453,292$1,547,699
51$2,117,683$660,690$427,914$1,646,686
52$2,291,845$651,223$400,408$1,754,657
53$2,482,453$639,973$370,662$1,872,527
54$2,691,145$626,813$338,560$2,001,306
55$2,919,720$611,605$303,980$2,142,107
56$3,170,164$594,206$266,796$2,296,159
57$3,444,661$574,462$226,874$2,464,819
58$3,745,617$552,212$184,075$2,649,585
59$4,075,683$527,284$138,255$2,852,107
60$4,437,779$499,496$89,262$3,074,209
61$4,835,119$468,658$36,939$3,317,902
62$5,271,245$434,567$0$3,585,403
63$5,750,060$397,008$0$3,880,573
64$6,275,859$355,754$0$4,207,736
65$6,853,377$310,567$0$4,567,124
66$7,487,830$261,193$0$4,962,037
67$8,184,963$207,366$0$5,396,114
68$8,951,104$148,802$0$5,873,370
69$9,793,227$85,203$0$6,398,234
70$10,719,013$16,255$0$6,975,586
71$11,736,926$0$0$7,610,811
72$12,856,291$0$0$8,331,686
73$14,087,379$0$0$9,131,258
74$15,441,511$0$0$10,010,803
75$16,931,157$0$0$10,978,429
76$18,570,057$0$0$12,043,068
77$20,373,350$0$0$13,214,563
78$22,357,717$0$0$14,503,758
79$24,541,538$0$0$15,922,601
80$26,945,064$0$0$17,484,260
81$29,590,608$0$0$19,203,242
82$32,502,757$0$0$21,095,530
83$35,708,605$0$0$23,178,738
84$39,238,001$0$0$25,472,275
85$43,123,840$0$0$27,997,526
86$47,402,367$0$0$30,778,056
87$52,113,520$0$0$33,839,830
88$57,301,309$0$0$37,211,461
89$63,014,226$0$0$40,924,478
90$69,305,709$0$0$45,013,621
91$76,234,640$0$0$49,517,175
92$83,865,904$0$0$54,477,325
93$92,271,000$0$0$59,940,556
94$101,528,715$0$0$65,958,093
95$111,725,869$0$0$72,586,382
96$122,958,130$0$0$79,887,625
97$135,330,923$0$0$87,930,363
98$148,960,420$0$0$96,790,127
99$163,974,637$0$0$106,550,150
100$180,514,641$0$0$117,302,150