Can I retire at age 35 with 608,000?

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 $608,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.1%
1 years$50,208$49,761$49,325$48,899$48,483$48,258
2 years$24,855$24,393$23,944$23,509$23,087$22,860
3 years$16,406$15,941$15,493$15,062$14,647$14,426
4 years$12,182$11,718$11,275$10,852$10,447$10,231
5 years$9,648$9,187$8,750$8,335$7,941$7,733
6 years$7,959$7,502$7,071$6,666$6,284$6,083
7 years$6,754$6,300$5,876$5,480$5,110$4,918
8 years$5,850$5,400$4,984$4,597$4,240$4,054
9 years$5,147$4,702$4,292$3,916$3,570$3,393
10 years$4,585$4,145$3,742$3,375$3,042$2,872
11 years$4,126$3,690$3,295$2,938$2,616$2,454
12 years$3,743$3,312$2,924$2,577$2,267$2,112
13 years$3,420$2,993$2,612$2,275$1,977$1,829
14 years$3,143$2,720$2,347$2,019$1,733$1,592
15 years$2,903$2,485$2,119$1,801$1,526$1,391
16 years$2,694$2,280$1,921$1,613$1,349$1,221
17 years$2,509$2,100$1,748$1,449$1,196$1,074
18 years$2,345$1,940$1,596$1,306$1,063$948
19 years$2,198$1,798$1,461$1,180$948$838
20 years$2,066$1,671$1,341$1,069$846$743
21 years$1,947$1,557$1,233$970$758$660
22 years$1,839$1,453$1,137$882$679$587
23 years$1,741$1,359$1,050$803$610$522
24 years$1,650$1,273$971$732$548$466
25 years$1,568$1,195$899$669$493$415
26 years$1,491$1,123$834$612$444$371
27 years$1,421$1,057$774$560$400$332
28 years$1,355$996$720$513$361$297
29 years$1,294$939$670$470$326$266
30 years$1,238$887$624$432$295$238
31 years$1,185$839$582$396$266$213
32 years$1,135$794$543$364$241$191
33 years$1,089$752$507$335$218$171
34 years$1,045$712$473$308$198$154
35 years$1,004$676$443$284$179$138
36 years$966$641$414$261$162$124
37 years$929$609$388$241$147$111
38 years$895$579$363$222$133$100
39 years$862$550$340$205$121$90
40 years$831$524$319$189$110$81
41 years$802$498$299$174$99$73
42 years$774$475$280$161$90$65
43 years$748$452$263$148$82$59
44 years$722$431$247$137$74$53
45 years$698$411$232$127$67$47
46 years$675$392$218$117$61$43
47 years$654$374$205$108$56$38
48 years$633$357$192$100$50$34
49 years$613$341$181$92$46$31
50 years$594$326$170$85$42$28

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $608,000, adding $5,504 every year, while hoping to spend $39,571 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: 57/21/22 Blend
34$608,000$608,000$608,000$608,000
35$675,693$643,469$634,045$709,912
36$702,511$632,896$613,183$723,307
37$730,737$620,479$590,295$733,198
38$760,475$606,084$565,272$743,121
39$791,835$589,574$538,000$753,088
40$824,938$570,799$508,359$763,116
41$859,916$549,602$476,223$773,225
42$896,913$525,819$441,462$783,439
43$936,086$499,272$403,940$793,787
44$977,608$469,776$363,512$804,303
45$1,021,664$437,136$320,030$815,029
46$1,068,461$401,143$273,338$826,012
47$1,118,223$361,578$223,274$837,307
48$1,171,195$318,209$169,667$848,980
49$1,227,646$270,790$112,340$861,105
50$1,287,870$219,063$51,108$873,767
51$1,352,190$162,754$0$887,066
52$1,420,958$101,574$0$904,455
53$1,494,563$35,218$0$935,741
54$1,573,428$0$0$969,110
55$1,658,019$0$0$1,013,245
56$1,748,849$0$0$1,069,409
57$1,846,476$0$0$1,129,816
58$1,951,518$0$0$1,194,851
59$2,064,650$0$0$1,264,938
60$2,186,615$0$0$1,340,543
61$2,318,229$0$0$1,422,176
62$2,460,387$0$0$1,510,401
63$2,614,076$0$0$1,605,834
64$2,780,376$0$0$1,709,155
65$2,960,478$0$0$1,821,109
66$3,155,691$0$0$1,942,517
67$3,367,453$0$0$2,074,283
68$3,597,345$0$0$2,217,398
69$3,847,109$0$0$2,372,954
70$4,118,658$0$0$2,542,152
71$4,414,097$0$0$2,726,314
72$4,735,745$0$0$2,926,893
73$5,086,150$0$0$3,145,491
74$5,468,119$0$0$3,383,867
75$5,884,738$0$0$3,643,959
76$6,339,407$0$0$3,927,902
77$6,835,867$0$0$4,238,043
78$7,378,235$0$0$4,576,967
79$7,971,046$0$0$4,947,521
80$8,619,291$0$0$5,352,838
81$9,328,466$0$0$5,796,369
82$10,104,622$0$0$6,281,912
83$10,954,422$0$0$6,813,652
84$11,885,204$0$0$7,396,195
85$12,905,049$0$0$8,034,615
86$14,022,857$0$0$8,734,500
87$15,248,428$0$0$9,502,005
88$16,592,557$0$0$10,343,908
89$18,067,134$0$0$11,267,675
90$19,685,255$0$0$12,281,529
91$21,461,346$0$0$13,394,531
92$23,411,296$0$0$14,616,657
93$25,552,609$0$0$15,958,901
94$27,904,567$0$0$17,433,371
95$30,488,411$0$0$19,053,406
96$33,327,541$0$0$20,833,703
97$36,447,735$0$0$22,790,452
98$39,877,394$0$0$24,941,487
99$43,647,806$0$0$27,306,460
100$47,793,441$0$0$29,907,019