Can I retire at age 35 with 600,000?

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 $600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.3%
1 years$49,547$49,106$48,676$48,255$47,845$46,802
2 years$24,528$24,072$23,629$23,200$22,783$21,738
3 years$16,190$15,731$15,289$14,864$14,455$13,440
4 years$12,021$11,564$11,127$10,709$10,309$9,332
5 years$9,521$9,066$8,635$8,225$7,837$6,900
6 years$7,855$7,403$6,978$6,578$6,201$5,306
7 years$6,665$6,217$5,799$5,408$5,043$4,190
8 years$5,773$5,329$4,918$4,537$4,184$3,372
9 years$5,079$4,640$4,236$3,864$3,523$2,753
10 years$4,525$4,090$3,693$3,331$3,002$2,272
11 years$4,072$3,641$3,251$2,899$2,582$1,891
12 years$3,694$3,268$2,885$2,543$2,237$1,584
13 years$3,375$2,953$2,578$2,245$1,951$1,335
14 years$3,102$2,685$2,316$1,993$1,710$1,130
15 years$2,865$2,452$2,091$1,777$1,506$960
16 years$2,658$2,250$1,896$1,591$1,331$818
17 years$2,476$2,072$1,725$1,430$1,180$699
18 years$2,314$1,915$1,575$1,289$1,049$598
19 years$2,169$1,775$1,442$1,164$935$513
20 years$2,039$1,649$1,323$1,054$835$441
21 years$1,922$1,536$1,217$957$748$379
22 years$1,815$1,434$1,122$870$670$327
23 years$1,718$1,341$1,036$792$601$282
24 years$1,629$1,256$958$723$541$243
25 years$1,547$1,179$887$660$486$210
26 years$1,472$1,108$823$604$438$181
27 years$1,402$1,043$764$552$395$157
28 years$1,337$983$710$506$356$135
29 years$1,277$927$661$464$322$117
30 years$1,221$876$616$426$291$101
31 years$1,169$828$574$391$263$88
32 years$1,120$783$536$360$238$76
33 years$1,075$742$500$331$215$66
34 years$1,032$703$467$304$195$57
35 years$991$667$437$280$177$49
36 years$953$633$409$258$160$43
37 years$917$601$382$238$145$37
38 years$883$571$358$219$131$32
39 years$851$543$336$202$119$28
40 years$820$517$315$186$108$24
41 years$791$492$295$172$98$21
42 years$764$468$277$159$89$18
43 years$738$446$260$146$81$16
44 years$713$425$244$135$73$14
45 years$689$406$229$125$67$12
46 years$667$387$215$115$60$10
47 years$645$369$202$107$55$9
48 years$624$353$190$98$50$8
49 years$605$337$178$91$45$7
50 years$586$322$168$84$41$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $600,000, adding $2,941 every year, while hoping to spend $39,453 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: 64/9/27 Blend
34$600,000$600,000$600,000$600,000
35$664,234$632,434$623,134$701,822
36$690,008$621,445$602,031$716,618
37$717,089$608,596$578,899$728,154
38$745,568$593,753$553,628$739,894
39$775,545$576,776$526,104$751,864
40$807,128$557,516$496,206$764,092
41$840,436$535,816$463,810$776,613
42$875,598$511,507$428,785$789,464
43$912,753$484,415$390,993$802,691
44$952,055$454,353$350,293$816,344
45$993,671$421,123$306,534$830,481
46$1,037,784$384,516$259,561$845,167
47$1,084,593$344,313$209,212$860,477
48$1,134,317$300,280$155,316$876,496
49$1,187,195$252,171$97,696$893,320
50$1,243,487$199,725$36,167$911,057
51$1,303,479$142,669$0$929,828
52$1,367,485$80,711$0$958,269
53$1,435,848$13,545$0$999,708
54$1,508,944$0$0$1,043,948
55$1,587,184$0$0$1,097,107
56$1,671,022$0$0$1,155,534
57$1,760,952$0$0$1,218,235
58$1,857,518$0$0$1,285,594
59$1,961,319$0$0$1,358,031
60$2,073,008$0$0$1,436,008
61$2,193,307$0$0$1,520,032
62$2,323,004$0$0$1,610,659
63$2,462,970$0$0$1,708,501
64$2,614,156$0$0$1,814,230
65$2,777,613$0$0$1,928,584
66$2,954,492$0$0$2,052,375
67$3,146,060$0$0$2,186,495
68$3,353,709$0$0$2,331,927
69$3,578,971$0$0$2,489,748
70$3,823,530$0$0$2,661,147
71$4,089,238$0$0$2,847,427
72$4,378,134$0$0$3,050,025
73$4,692,458$0$0$3,270,522
74$5,034,678$0$0$3,510,655
75$5,407,507$0$0$3,772,337
76$5,813,933$0$0$4,057,675
77$6,257,242$0$0$4,368,985
78$6,741,053$0$0$4,708,817
79$7,269,347$0$0$5,079,979
80$7,846,511$0$0$5,485,561
81$8,477,369$0$0$5,928,968
82$9,167,235$0$0$6,413,943
83$9,921,962$0$0$6,944,614
84$10,747,989$0$0$7,525,520
85$11,652,413$0$0$8,161,665
86$12,643,043$0$0$8,858,556
87$13,728,483$0$0$9,622,258
88$14,918,208$0$0$10,459,451
89$16,222,651$0$0$11,377,494
90$17,653,306$0$0$12,384,489
91$19,222,829$0$0$13,489,363
92$20,945,163$0$0$14,701,945
93$22,835,666$0$0$16,033,066
94$24,911,255$0$0$17,494,654
95$27,190,563$0$0$19,099,850
96$29,694,120$0$0$20,863,129
97$32,444,537$0$0$22,800,439
98$35,466,729$0$0$24,929,345
99$38,788,139$0$0$27,269,203
100$42,439,002$0$0$29,841,334