Can I retire at age 35 with 603,000?

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 $603,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.4%
1 years$49,795$49,352$48,919$48,497$48,084$46,638
2 years$24,651$24,192$23,747$23,316$22,897$21,453
3 years$16,271$15,810$15,366$14,939$14,527$13,129
4 years$12,081$11,622$11,182$10,762$10,361$9,020
5 years$9,569$9,112$8,678$8,267$7,876$6,597
6 years$7,894$7,440$7,013$6,611$6,232$5,015
7 years$6,698$6,248$5,828$5,435$5,068$3,913
8 years$5,802$5,356$4,943$4,559$4,205$3,111
9 years$5,105$4,663$4,257$3,884$3,541$2,507
10 years$4,548$4,111$3,711$3,348$3,017$2,042
11 years$4,092$3,659$3,267$2,913$2,595$1,677
12 years$3,713$3,284$2,900$2,556$2,249$1,386
13 years$3,392$2,968$2,591$2,256$1,961$1,151
14 years$3,117$2,698$2,328$2,003$1,719$961
15 years$2,879$2,465$2,102$1,786$1,513$804
16 years$2,672$2,261$1,905$1,599$1,338$675
17 years$2,488$2,083$1,734$1,437$1,186$568
18 years$2,326$1,924$1,583$1,295$1,054$479
19 years$2,180$1,783$1,449$1,170$940$404
20 years$2,049$1,657$1,330$1,060$840$342
21 years$1,931$1,544$1,223$962$751$289
22 years$1,824$1,441$1,127$874$673$245
23 years$1,726$1,348$1,041$796$605$208
24 years$1,637$1,263$963$726$543$176
25 years$1,555$1,185$892$663$489$150
26 years$1,479$1,114$827$607$440$127
27 years$1,409$1,048$768$555$397$108
28 years$1,344$988$714$509$358$92
29 years$1,284$932$664$466$324$78
30 years$1,227$880$619$428$292$66
31 years$1,175$832$577$393$264$57
32 years$1,126$787$538$361$239$48
33 years$1,080$745$503$332$216$41
34 years$1,037$706$470$306$196$35
35 years$996$670$439$281$177$30
36 years$958$636$411$259$161$25
37 years$922$604$384$239$146$22
38 years$887$574$360$220$132$18
39 years$855$546$337$203$120$16
40 years$824$519$316$187$109$13
41 years$795$494$296$173$99$11
42 years$768$471$278$159$89$10
43 years$741$449$261$147$81$8
44 years$716$428$245$136$74$7
45 years$693$408$230$125$67$6
46 years$670$389$216$116$61$5
47 years$648$371$203$107$55$4
48 years$628$354$191$99$50$4
49 years$608$338$179$91$45$3
50 years$589$323$168$85$41$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $603,000, adding $5,139 every year, while hoping to spend $34,549 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: 69/14/17 Blend
34$603,000$603,000$603,000$603,000
35$669,807$637,848$628,501$712,967
36$701,367$632,343$612,796$736,885
37$734,989$625,410$595,407$758,473
38$770,846$616,942$576,241$781,226
39$809,128$606,828$555,201$805,255
40$850,044$594,948$532,185$830,684
41$893,822$581,174$507,087$857,648
42$940,714$565,374$479,797$886,301
43$990,994$547,404$450,197$916,809
44$1,044,963$527,115$418,167$949,358
45$1,102,954$504,348$383,580$984,156
46$1,165,329$478,935$346,303$1,021,430
47$1,232,487$450,698$306,199$1,061,434
48$1,304,867$419,448$263,123$1,104,447
49$1,382,949$384,986$216,923$1,150,781
50$1,467,263$347,104$167,443$1,200,778
51$1,558,389$305,577$114,518$1,254,820
52$1,656,966$260,172$57,976$1,313,327
53$1,763,697$210,640$0$1,376,765
54$1,879,352$156,719$0$1,446,078
55$2,004,780$98,133$0$1,532,659
56$2,140,914$34,588$0$1,626,647
57$2,288,781$0$0$1,728,777
58$2,449,509$0$0$1,845,131
59$2,624,341$0$0$1,977,521
60$2,814,643$0$0$2,121,656
61$3,021,918$0$0$2,278,680
62$3,247,820$0$0$2,449,849
63$3,494,172$0$0$2,636,548
64$3,762,975$0$0$2,840,300
65$4,056,438$0$0$3,062,782
66$4,376,987$0$0$3,305,839
67$4,727,296$0$0$3,571,503
68$5,110,308$0$0$3,862,012
69$5,529,264$0$0$4,179,829
70$5,987,730$0$0$4,527,666
71$6,489,636$0$0$4,908,509
72$7,039,309$0$0$5,325,647
73$7,641,511$0$0$5,782,702
74$8,301,490$0$0$6,283,663
75$9,025,024$0$0$6,832,922
76$9,818,477$0$0$7,435,318
77$10,688,859$0$0$8,096,180
78$11,643,890$0$0$8,821,376
79$12,692,074$0$0$9,617,374
80$13,842,779$0$0$10,491,294
81$15,106,324$0$0$11,450,982
82$16,494,074$0$0$12,505,080
83$18,018,553$0$0$13,663,108
84$19,693,555$0$0$14,935,553
85$21,534,275$0$0$16,333,971
86$23,557,457$0$0$17,871,089
87$25,781,543$0$0$19,560,932
88$28,226,855$0$0$21,418,949
89$30,915,780$0$0$23,462,161
90$33,872,983$0$0$25,709,324
91$37,125,641$0$0$28,181,099
92$40,703,694$0$0$30,900,252
93$44,640,133$0$0$33,891,865
94$48,971,306$0$0$37,183,577
95$53,737,262$0$0$40,805,838
96$58,982,127$0$0$44,792,200
97$64,754,525$0$0$49,179,631
98$71,108,028$0$0$54,008,868
99$78,101,667$0$0$59,324,793
100$85,800,488$0$0$65,176,864