Can I retire at age 35 with 613,000?

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 $613,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.8%
1 years$50,621$50,170$49,730$49,301$48,881$47,526
2 years$25,060$24,593$24,141$23,702$23,277$21,922
3 years$16,541$16,072$15,621$15,186$14,768$13,455
4 years$12,282$11,815$11,368$10,941$10,533$9,272
5 years$9,727$9,263$8,822$8,404$8,007$6,802
6 years$8,025$7,564$7,129$6,720$6,335$5,188
7 years$6,809$6,352$5,925$5,525$5,152$4,062
8 years$5,898$5,445$5,025$4,635$4,274$3,241
9 years$5,189$4,741$4,328$3,948$3,600$2,622
10 years$4,623$4,179$3,773$3,403$3,067$2,143
11 years$4,160$3,720$3,322$2,962$2,638$1,767
12 years$3,774$3,339$2,948$2,598$2,286$1,466
13 years$3,448$3,017$2,634$2,294$1,993$1,223
14 years$3,169$2,743$2,366$2,036$1,747$1,024
15 years$2,927$2,506$2,137$1,816$1,538$861
16 years$2,716$2,299$1,937$1,626$1,360$726
17 years$2,530$2,117$1,763$1,461$1,206$614
18 years$2,364$1,956$1,609$1,316$1,072$520
19 years$2,216$1,813$1,473$1,190$955$441
20 years$2,083$1,685$1,352$1,077$853$374
21 years$1,963$1,569$1,243$978$764$318
22 years$1,854$1,465$1,146$889$685$271
23 years$1,755$1,370$1,058$810$615$231
24 years$1,664$1,284$979$738$552$197
25 years$1,580$1,205$906$674$497$168
26 years$1,503$1,132$841$617$448$143
27 years$1,432$1,066$781$564$404$122
28 years$1,366$1,004$726$517$364$105
29 years$1,305$947$675$474$329$89
30 years$1,248$895$629$435$297$76
31 years$1,194$846$586$400$269$65
32 years$1,145$800$547$367$243$56
33 years$1,098$758$511$338$220$48
34 years$1,054$718$477$311$199$41
35 years$1,013$681$446$286$180$35
36 years$974$647$417$263$163$30
37 years$937$614$391$243$148$26
38 years$902$584$366$224$134$22
39 years$869$555$343$206$122$19
40 years$838$528$321$190$110$16
41 years$809$503$301$176$100$14
42 years$780$479$283$162$91$12
43 years$754$456$265$150$83$10
44 years$728$435$249$138$75$9
45 years$704$415$234$128$68$7
46 years$681$395$220$118$62$6
47 years$659$377$206$109$56$5
48 years$638$360$194$101$51$5
49 years$618$344$182$93$46$4
50 years$599$329$171$86$42$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $613,000, adding $5,919 every year, while hoping to spend $29,280 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: 39/38/23 Blend
34$613,000$613,000$613,000$613,000
35$681,631$649,142$639,641$703,355
36$720,004$649,797$629,915$720,259
37$761,310$649,502$618,882$735,336
38$805,816$648,180$606,468$751,053
39$853,818$645,749$592,593$767,485
40$905,639$642,123$577,176$784,717
41$961,634$637,207$560,132$802,846
42$1,022,196$630,905$541,371$821,978
43$1,087,752$623,112$520,800$842,235
44$1,158,776$613,718$498,320$863,752
45$1,235,787$602,606$473,829$886,681
46$1,319,356$589,652$447,221$911,194
47$1,410,110$574,725$418,383$937,482
48$1,508,741$557,686$387,199$965,758
49$1,616,009$538,389$353,546$996,262
50$1,732,749$516,677$317,297$1,029,261
51$1,859,882$492,387$278,319$1,065,052
52$1,998,419$465,343$236,472$1,103,969
53$2,149,476$435,363$191,612$1,146,382
54$2,314,278$402,251$143,586$1,192,706
55$2,494,174$365,802$92,237$1,243,400
56$2,690,651$325,797$37,398$1,298,976
57$2,905,344$282,008$0$1,360,007
58$3,140,054$234,190$0$1,432,309
59$3,396,762$182,088$0$1,521,535
60$3,677,652$125,431$0$1,619,327
61$3,985,126$63,931$0$1,726,604
62$4,321,833$0$0$1,844,382
63$4,690,685$0$0$1,974,921
64$5,094,893$0$0$2,147,349
65$5,537,992$0$0$2,336,451
66$6,023,875$0$0$2,543,898
67$6,556,829$0$0$2,771,532
68$7,141,578$0$0$3,021,382
69$7,783,324$0$0$3,295,682
70$8,487,797$0$0$3,596,893
71$9,261,309$0$0$3,927,727
72$10,110,815$0$0$4,291,170
73$11,043,972$0$0$4,690,514
74$12,069,220$0$0$5,129,382
75$13,195,854$0$0$5,611,768
76$14,434,115$0$0$6,142,073
77$15,795,287$0$0$6,725,142
78$17,291,797$0$0$7,366,316
79$18,937,342$0$0$8,071,480
80$20,747,008$0$0$8,847,115
81$22,737,419$0$0$9,700,363
82$24,926,889$0$0$10,639,095
83$27,335,599$0$0$11,671,979
84$29,985,781$0$0$12,808,571
85$32,901,934$0$0$14,059,395
86$36,111,048$0$0$15,436,051
87$39,642,865$0$0$16,951,317
88$43,530,155$0$0$18,619,275
89$47,809,026$0$0$20,455,441
90$52,519,263$0$0$22,476,911
91$57,704,707$0$0$24,702,524
92$63,413,664$0$0$27,153,039
93$69,699,360$0$0$29,851,328
94$76,620,449$0$0$32,822,595
95$84,241,560$0$0$36,094,615
96$92,633,907$0$0$39,697,990
97$101,875,964$0$0$43,666,444
98$112,054,204$0$0$48,037,137
99$123,263,910$0$0$52,851,016
100$135,610,083$0$0$58,153,206