Can I retire at age 35 with 618,000?

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 $618,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.7%
1 years$51,034$50,579$50,136$49,703$49,280$48,325
2 years$25,264$24,794$24,338$23,896$23,467$22,508
3 years$16,676$16,203$15,748$15,310$14,888$13,956
4 years$12,382$11,911$11,461$11,030$10,618$9,720
5 years$9,807$9,338$8,894$8,472$8,072$7,210
6 years$8,090$7,625$7,188$6,775$6,387$5,562
7 years$6,865$6,404$5,973$5,570$5,194$4,407
8 years$5,946$5,489$5,066$4,673$4,309$3,559
9 years$5,232$4,779$4,363$3,980$3,629$2,916
10 years$4,661$4,213$3,804$3,431$3,092$2,415
11 years$4,194$3,750$3,349$2,986$2,659$2,018
12 years$3,805$3,366$2,972$2,619$2,305$1,697
13 years$3,476$3,042$2,655$2,312$2,010$1,436
14 years$3,195$2,765$2,386$2,053$1,762$1,220
15 years$2,951$2,526$2,154$1,831$1,551$1,041
16 years$2,738$2,318$1,953$1,639$1,371$891
17 years$2,550$2,134$1,777$1,473$1,215$764
18 years$2,383$1,972$1,622$1,327$1,081$657
19 years$2,234$1,828$1,485$1,199$963$566
20 years$2,100$1,699$1,363$1,086$860$489
21 years$1,979$1,582$1,254$986$770$422
22 years$1,869$1,477$1,155$896$690$365
23 years$1,769$1,381$1,067$816$620$317
24 years$1,678$1,294$987$744$557$274
25 years$1,593$1,215$914$680$501$238
26 years$1,516$1,141$848$622$451$207
27 years$1,444$1,074$787$569$407$180
28 years$1,377$1,012$732$521$367$156
29 years$1,316$955$681$478$332$136
30 years$1,258$902$634$439$300$118
31 years$1,204$853$591$403$271$103
32 years$1,154$807$552$370$245$89
33 years$1,107$764$515$341$222$78
34 years$1,062$724$481$313$201$68
35 years$1,021$687$450$288$182$59
36 years$982$652$421$266$165$51
37 years$944$619$394$245$149$45
38 years$909$588$369$226$135$39
39 years$876$559$346$208$123$34
40 years$845$532$324$192$111$30
41 years$815$507$304$177$101$26
42 years$787$483$285$163$92$22
43 years$760$460$267$151$83$20
44 years$734$438$251$139$76$17
45 years$710$418$236$129$69$15
46 years$687$399$221$119$62$13
47 years$664$380$208$110$57$11
48 years$643$363$195$101$51$10
49 years$623$347$184$94$47$9
50 years$603$331$173$87$42$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $618,000, adding $6,917 every year, while hoping to spend $21,238 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: 50/22/28 Blend
34$618,000$618,000$618,000$618,000
35$688,171$655,417$645,838$716,824
36$735,767$664,935$644,876$747,084
37$787,507$674,208$643,171$777,289
38$843,789$683,201$640,674$809,706
39$905,055$691,878$637,336$844,554
40$971,789$700,198$633,105$882,076
41$1,044,524$708,120$627,927$922,540
42$1,123,847$715,599$621,744$966,243
43$1,210,403$722,588$614,496$1,013,512
44$1,304,904$729,034$606,121$1,064,709
45$1,408,131$734,884$596,553$1,120,233
46$1,520,947$740,079$585,724$1,180,527
47$1,644,299$744,559$573,561$1,246,077
48$1,779,232$748,257$559,990$1,317,423
49$1,926,896$751,103$544,932$1,395,158
50$2,088,555$753,024$528,303$1,479,939
51$2,265,605$753,939$510,019$1,572,492
52$2,459,581$753,766$489,989$1,673,618
53$2,672,174$752,416$468,118$1,784,199
54$2,905,244$749,793$444,309$1,905,211
55$3,160,844$745,798$418,459$2,037,733
56$3,441,232$740,324$390,459$2,182,952
57$3,748,896$733,258$360,197$2,342,181
58$4,086,577$724,481$327,557$2,516,869
59$4,457,292$713,865$292,415$2,708,614
60$4,864,368$701,277$254,643$2,919,181
61$5,311,467$686,573$214,107$3,150,516
62$5,802,625$669,603$170,668$3,404,767
63$6,342,287$650,208$124,179$3,684,305
64$6,935,350$628,217$74,489$3,991,745
65$7,587,208$603,453$21,437$4,329,973
66$8,303,807$575,726$0$4,702,172
67$9,091,694$544,835$0$5,122,363
68$9,958,083$510,569$0$5,591,430
69$10,910,925$472,703$0$6,107,287
70$11,958,974$431,001$0$6,674,707
71$13,111,882$385,213$0$7,298,946
72$14,380,279$335,073$0$7,985,801
73$15,775,878$280,302$0$8,741,662
74$17,311,587$220,606$0$9,573,571
75$19,001,624$155,671$0$10,489,291
76$20,861,659$85,168$0$11,497,379
77$22,908,956$8,749$0$12,607,267
78$25,162,539$0$0$13,829,352
79$27,643,369$0$0$15,192,995
80$30,374,543$0$0$16,696,659
81$33,381,510$0$0$18,352,247
82$36,692,314$0$0$20,175,209
83$40,337,855$0$0$22,182,572
84$44,352,184$0$0$24,393,094
85$48,772,820$0$0$26,827,448
86$53,641,107$0$0$29,508,413
87$59,002,604$0$0$32,461,091
88$64,907,511$0$0$35,713,141
89$71,411,148$0$0$39,295,042
90$78,574,474$0$0$43,240,380
91$86,464,659$0$0$47,586,166
92$95,155,724$0$0$52,373,183
93$104,729,235$0$0$57,646,373
94$115,275,074$0$0$63,455,258
95$126,892,288$0$0$69,854,412
96$139,690,022$0$0$76,903,971
97$153,788,547$0$0$84,670,204
98$169,320,402$0$0$93,226,137
99$186,431,637$0$0$102,652,241
100$205,283,196$0$0$113,037,194