Can I retire at age 35 with 604,000?

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 $604,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.2%
1 years$49,878$49,433$49,000$48,577$48,164$47,327
2 years$24,692$24,232$23,786$23,354$22,935$22,095
3 years$16,298$15,836$15,391$14,963$14,551$13,733
4 years$12,102$11,641$11,201$10,780$10,378$9,589
5 years$9,584$9,127$8,692$8,280$7,889$7,131
6 years$7,907$7,453$7,025$6,622$6,242$5,517
7 years$6,709$6,259$5,838$5,444$5,077$4,383
8 years$5,811$5,365$4,951$4,567$4,212$3,550
9 years$5,113$4,671$4,264$3,890$3,547$2,917
10 years$4,555$4,117$3,718$3,353$3,022$2,424
11 years$4,099$3,665$3,273$2,918$2,599$2,031
12 years$3,719$3,290$2,905$2,560$2,252$1,714
13 years$3,398$2,973$2,595$2,260$1,964$1,455
14 years$3,122$2,702$2,332$2,006$1,722$1,241
15 years$2,884$2,469$2,105$1,789$1,516$1,062
16 years$2,676$2,265$1,909$1,602$1,340$912
17 years$2,492$2,086$1,737$1,439$1,188$785
18 years$2,329$1,928$1,585$1,297$1,056$678
19 years$2,184$1,786$1,451$1,172$941$586
20 years$2,053$1,660$1,332$1,062$841$508
21 years$1,934$1,546$1,225$963$753$441
22 years$1,827$1,443$1,129$876$675$383
23 years$1,729$1,350$1,043$798$606$333
24 years$1,640$1,265$964$728$544$290
25 years$1,557$1,187$893$664$490$252
26 years$1,481$1,116$828$608$441$220
27 years$1,411$1,050$769$556$398$192
28 years$1,346$989$715$510$359$167
29 years$1,286$933$665$467$324$146
30 years$1,229$881$620$429$293$128
31 years$1,177$833$578$394$265$111
32 years$1,128$788$539$362$239$97
33 years$1,082$747$503$333$217$85
34 years$1,038$708$470$306$196$74
35 years$998$671$440$282$178$65
36 years$959$637$411$260$161$57
37 years$923$605$385$239$146$50
38 years$889$575$361$220$132$44
39 years$856$547$338$203$120$38
40 years$826$520$317$188$109$33
41 years$797$495$297$173$99$29
42 years$769$472$278$160$90$26
43 years$743$449$261$147$81$22
44 years$718$428$245$136$74$20
45 years$694$408$230$126$67$17
46 years$671$390$216$116$61$15
47 years$649$372$203$107$55$13
48 years$629$355$191$99$50$11
49 years$609$339$180$92$46$10
50 years$590$324$169$85$41$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $604,000, adding $3,678 every year, while hoping to spend $44,666 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: 88/7/5 Blend
34$604,000$604,000$604,000$604,000
35$669,402$637,390$628,028$728,056
36$690,157$621,098$601,543$750,487
37$711,531$602,510$572,673$768,500
38$733,542$581,468$541,292$786,825
39$756,205$557,801$507,267$805,458
40$779,537$531,332$470,459$824,394
41$803,553$501,872$430,724$843,629
42$828,272$469,219$387,909$863,155
43$853,708$433,164$341,856$882,966
44$879,879$393,481$292,401$903,053
45$906,801$349,936$239,371$923,404
46$934,490$302,278$182,585$944,010
47$962,961$250,243$121,855$964,855
48$992,231$193,553$56,985$985,925
49$1,022,315$131,914$0$1,007,202
50$1,053,227$65,013$0$1,029,320
51$1,084,981$0$0$1,054,890
52$1,117,590$0$0$1,081,433
53$1,151,066$0$0$1,113,823
54$1,185,420$0$0$1,147,062
55$1,220,663$0$0$1,181,159
56$1,256,802$0$0$1,216,124
57$1,293,843$0$0$1,251,960
58$1,331,791$0$0$1,288,674
59$1,370,647$0$0$1,326,266
60$1,410,413$0$0$1,364,737
61$1,451,083$0$0$1,404,081
62$1,492,651$0$0$1,444,294
63$1,535,105$0$0$1,485,364
64$1,578,432$0$0$1,527,275
65$1,622,610$0$0$1,570,010
66$1,667,615$0$0$1,613,543
67$1,713,415$0$0$1,657,842
68$1,759,970$0$0$1,702,872
69$1,807,236$0$0$1,748,586
70$1,855,157$0$0$1,794,931
71$1,903,668$0$0$1,841,846
72$1,952,695$0$0$1,889,257
73$2,002,151$0$0$1,937,079
74$2,051,935$0$0$1,985,215
75$2,101,933$0$0$2,033,553
76$2,152,012$0$0$2,081,966
77$2,202,023$0$0$2,130,309
78$2,251,797$0$0$2,178,416
79$2,301,140$0$0$2,226,100
80$2,349,835$0$0$2,273,151
81$2,397,638$0$0$2,319,331
82$2,444,272$0$0$2,364,372
83$2,489,429$0$0$2,407,975
84$2,532,760$0$0$2,449,801
85$2,573,877$0$0$2,489,475
86$2,612,346$0$0$2,526,573
87$2,647,681$0$0$2,560,626
88$2,679,339$0$0$2,591,107
89$2,706,717$0$0$2,617,429
90$2,729,141$0$0$2,638,941
91$2,745,862$0$0$2,654,914
92$2,756,046$0$0$2,664,542
93$2,758,767$0$0$2,666,924
94$2,752,997$0$0$2,661,063
95$2,737,592$0$0$2,645,850
96$2,711,286$0$0$2,620,057
97$2,672,672$0$0$2,582,319
98$2,620,191$0$0$2,531,125
99$2,552,117$0$0$2,464,800
100$2,466,536$0$0$2,381,488