Can I retire at age 35 with 607,000?

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 $607,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.3%
1 years$50,125$49,679$49,243$48,818$48,403$48,138
2 years$24,815$24,352$23,905$23,470$23,049$22,782
3 years$16,379$15,915$15,468$15,038$14,623$14,362
4 years$12,162$11,699$11,257$10,834$10,429$10,176
5 years$9,632$9,172$8,736$8,321$7,928$7,684
6 years$7,946$7,490$7,060$6,655$6,273$6,038
7 years$6,742$6,290$5,867$5,471$5,102$4,875
8 years$5,840$5,392$4,975$4,590$4,233$4,015
9 years$5,139$4,694$4,285$3,909$3,564$3,356
10 years$4,578$4,138$3,736$3,370$3,037$2,837
11 years$4,119$3,684$3,289$2,933$2,612$2,421
12 years$3,737$3,306$2,919$2,572$2,263$2,081
13 years$3,414$2,988$2,608$2,271$1,974$1,800
14 years$3,138$2,716$2,343$2,016$1,730$1,565
15 years$2,899$2,481$2,116$1,798$1,523$1,366
16 years$2,689$2,276$1,918$1,610$1,346$1,197
17 years$2,505$2,096$1,745$1,446$1,194$1,052
18 years$2,341$1,937$1,593$1,304$1,061$927
19 years$2,195$1,795$1,459$1,178$946$819
20 years$2,063$1,668$1,339$1,067$845$724
21 years$1,944$1,554$1,231$968$756$642
22 years$1,836$1,451$1,135$880$678$570
23 years$1,738$1,357$1,048$802$609$507
24 years$1,648$1,271$969$731$547$451
25 years$1,565$1,193$898$668$492$402
26 years$1,489$1,121$832$611$443$358
27 years$1,418$1,055$773$559$400$320
28 years$1,353$994$719$512$361$286
29 years$1,292$938$669$470$326$255
30 years$1,236$886$623$431$294$228
31 years$1,183$837$581$396$266$204
32 years$1,133$792$542$364$241$183
33 years$1,087$750$506$334$218$164
34 years$1,044$711$473$308$197$147
35 years$1,003$675$442$283$179$131
36 years$964$640$413$261$162$118
37 years$928$608$387$240$147$106
38 years$893$578$362$222$133$95
39 years$861$549$339$204$121$85
40 years$830$523$318$188$109$76
41 years$801$498$298$174$99$68
42 years$773$474$280$160$90$61
43 years$746$452$263$148$82$55
44 years$721$430$247$137$74$49
45 years$697$410$231$126$67$44
46 years$674$392$217$117$61$40
47 years$653$374$204$108$56$36
48 years$632$357$192$100$50$32
49 years$612$341$180$92$46$29
50 years$593$325$170$85$42$26

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $607,000, adding $5,737 every year, while hoping to spend $49,316 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: 79/16/5 Blend
34$607,000$607,000$607,000$607,000
35$674,832$642,661$633,252$727,549
36$691,193$621,679$601,994$741,917
37$707,570$598,017$568,036$750,597
38$723,912$571,490$531,236$758,624
39$740,163$541,905$491,444$765,908
40$756,257$509,056$448,505$772,351
41$772,122$472,726$402,257$777,843
42$787,675$432,686$352,529$782,267
43$802,823$388,693$299,144$785,492
44$817,463$340,491$241,917$787,375
45$831,478$287,809$180,655$787,759
46$844,737$230,360$115,155$786,472
47$857,095$167,842$45,208$783,326
48$868,388$99,936$0$778,114
49$878,436$26,305$0$772,181
50$887,034$0$0$766,382
51$893,958$0$0$767,449
52$898,956$0$0$771,459
53$901,750$0$0$773,540
54$902,027$0$0$773,419
55$899,445$0$0$770,797
56$893,620$0$0$765,340
57$884,126$0$0$756,678
58$870,495$0$0$744,400
59$852,203$0$0$728,052
60$828,672$0$0$707,130
61$799,261$0$0$681,076
62$763,262$0$0$649,271
63$719,889$0$0$611,032
64$668,273$0$0$565,602
65$607,454$0$0$512,144
66$536,367$0$0$449,732
67$453,839$0$0$377,342
68$358,571$0$0$293,844
69$249,125$0$0$197,986
70$123,917$0$0$88,386
71$0$0$0$0
72$0$0$0$0
73$0$0$0$0
74$0$0$0$0
75$0$0$0$0
76$0$0$0$0
77$0$0$0$0
78$0$0$0$0
79$0$0$0$0
80$0$0$0$0
81$0$0$0$0
82$0$0$0$0
83$0$0$0$0
84$0$0$0$0
85$0$0$0$0
86$0$0$0$0
87$0$0$0$0
88$0$0$0$0
89$0$0$0$0
90$0$0$0$0
91$0$0$0$0
92$0$0$0$0
93$0$0$0$0
94$0$0$0$0
95$0$0$0$0
96$0$0$0$0
97$0$0$0$0
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0